EX-99.2 4 ex99-2s1.htm SCHEDULE 1 - EXCEPTION GRADES REPORT
 

MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM4

Exhibit 99.2 - Schedule 1

                                                                                         
Exception Grades                                                                                      
Run Date - 10/22/2024 12:11:28 PM                                                                                          

 

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
220405433 [Redact] [Redact]   29061602     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. The appraisal was not in the name of the lender.  HPML regulations do not allow transferred appraisals.  Note: appraisal transfer letter in file.       Buyer Comment (2023-09-18): Initial and Final Grade B, accepted
     09/18/2023 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
220692113 [Redact] [Redact] [Redact] 29447710     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-01-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-04): The collateral was delivered [Redact] at 8:15am via [Redact] trk#[Redact].
 01/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
220692113 [Redact] [Redact] [Redact] 29447711     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-01-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-04): The collateral was delivered [Redact] at 8:15am via [Redact] trk#[Redact].
 01/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
220692113 [Redact] [Redact] [Redact] 29722275     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   File is missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-01-08): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-01-08): Guarantor Agreement attached.
 01/08/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
220705677 [Redact] [Redact] [Redact] 29479672     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-01-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-11): The collateral was delivered [Redact] at 904am via [Redact] trk#[Redact].
 01/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
220705677 [Redact] [Redact] [Redact] 29479673     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-01-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-11): The collateral was delivered [Redact] at 904am via [Redact] trk#[Redact].
 01/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
220705677 [Redact] [Redact] [Redact] 29776395     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-03-06): HOI with sufficient coverage provided. Exception cleared.


Seller Comment (2024-03-06): Please see updated insurance.


Reviewer Comment (2024-02-20): A revised binder was provided verifying sufficient coverage; however the coverage is in effect post-closing.  Elevated to the client for review.


Seller Comment (2024-02-20): Please see attached, coverage has been increased.


Reviewer Comment (2024-01-22): The GSE method was used to determine the coverage requirement.  The appraisal identified the Total Estimate of Cost New as [Redact] and 80% of this value is identified as insured value. The insurance is insufficient by [Redact]. Provide a copy of the replacement cost estimator from the insurance company, a revised policy/dec page with increased coverage, or documentation from the insurance company verifying the policy has Guaranteed Replacement cost coverage. Condition remains


Seller Comment (2024-01-19): Please see attached policy for [Redact].


Reviewer Comment (2024-01-16): Provided policy for address [Redact]. Please provide hazard policy for subject property address. Exception Remains.


Seller Comment (2024-01-16): Please see attached policy.
 03/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
220705939 [Redact] [Redact] [Redact] 29480678     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-03): The collateral was delivered [Redact] at 8:32am via [Redact] trk#[Redact].
 01/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
220705939 [Redact] [Redact] [Redact] 29480679     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-03): The collateral was delivered [Redact] at 8:32am via [Redact] trk#[Redact].
 01/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
220705939 [Redact] [Redact] [Redact] 29739451     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing a copy of the Guaranty Agreement.       Reviewer Comment (2024-01-05): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-01-04): Please see attached Guaranty Agreement.
 01/05/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29480727     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 01/10/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29480728     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 01/10/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29730863     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided           Reviewer Comment (2024-01-08): Received Rider - 1-4 Family. Exception Cleared.


Seller Comment (2024-01-08): Please see attached mortgage riders (1-4 family, prepayment, entity borrower rider)
 01/08/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29730865     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   Prepayment Rider is missing.       Reviewer Comment (2024-01-08): Received Rider - Prepayment. Exception Cleared.


Seller Comment (2024-01-08): Please see attached mortgage riders (1-4 family, prepayment, entity borrower rider)
 01/08/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29730867     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   Entity Borrower Rider is missing.       Reviewer Comment (2024-01-08): Received Entity Borrower Rider. Exception Cleared.


Seller Comment (2024-01-08): Please see attached mortgage riders (1-4 family, prepayment, entity borrower rider)
 01/08/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29730919     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-01-08): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-01-08): Please see attached business purpose certificate.
 01/08/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220706094 [Redact] [Redact] [Redact] 29730921     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-01-08): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-01-08): Please see attached guarantor agreement.
 01/08/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
220731255 [Redact] [Redact]   29602133     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Non Material Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.  Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing.         Buyer Comment (2023-11-03): lender acknowledged non material EV2; NOO  business purpose transaction
     11/03/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B B B A A N/A N/A No
220731255 [Redact] [Redact]   29602135     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Buyer Comment (2023-11-16): Acknowledged by lender updated appraisal was not delivered to the borrower.
     11/16/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B B B A A N/A N/A No
220731255 [Redact] [Redact]   29602137     Credit Credit Miscellaneous Guideline Credit Exception:   Rural properties not allowed. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		   SitusAMC

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SitusAMC		 Reviewer Comment (2023-11-01): Lender exception provided. Compensating factors provided are: Experienced RE investor, 739 credit score, all mortgages paid AA, and low LTV.
     11/01/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B B B A A N/A N/A No
220731256 [Redact] [Redact]   29602142     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Compliant Higher Priced Mortgage Loan. Compliant higher priced mortgage loan.  APR on subject loan disclosed on Final CD is [Redact] exceeds threshold of APOR of [Redact].       Reviewer Comment (2023-11-20): Cleared


Reviewer Comment (2023-11-20): EXCEPTION HISTORY - Exception Detail was updated on [Redact] PRIOR Exception Detail: Federal Higher-Priced Mortgage Loan: APR on subject loan [Redact] or Final Disclosure APR [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Compliant Higher Priced Mortgage Loan.
 11/20/2023     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
220731256 [Redact] [Redact]   29602143     Compliance Compliance State Compliance State HPML (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) [Redact] Higher-Priced Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Compliant Higher Priced Loan. [Redact] Higher-Priced Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact]. Compliant Higher Priced Loan       Reviewer Comment (2023-11-20): Cleared


Reviewer Comment (2023-11-20): EXCEPTION HISTORY - Exception Detail was updated on [Redact] PRIOR Exception Detail: [Redact] Higher-Priced Loan: APR on subject loan [Redact] or Final Disclosure APR [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Compliant Higher Priced Loan.
 11/20/2023     1 A A A A A A A A A A   [Redact] Primary Purchase The cure available on a CA HPML loan is dependent upon which prohibited practice is violated.  For any loan with an HPML prepayment penalty violation, the loan CANNOT be cured.  For any loan without an HPML prepayment penalty violation, the loan can be cured as follows:

Within 90 days of closing: (1) notify borrower; (2) at borrower's option: offer to make the loan compliant with HPML provisions or change terms in a manner beneficial to the borrower so the loan is no longer HPML; and (3) take appropriate action based on borrower's choice.

(Limited Use Bona Fide Errors - Compliance and Client Approval Required)  Within 120 days of discovery or receipt of complaint, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) signed borrower choice letter to either (a) accept refund and make loan non-higher-priced loan or (b) keep loan as higher-priced and make loan compliant;  (5) If option 4(a) is selected, copy of refund check and proof of mailing; (6) If option 4(b) is selected, proof of cure for each of the prohibited practice violations. Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place.		 C B C B C B A A Non QM Non QM Yes
220731256 [Redact] [Redact]   29602144     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Lump Sum Allocation Lump sum lender/seller credit disclosed on Closing Disclosure applied to offset finance charges based on separate itemization of credit pursuant to client's election. If there is not an itemization of credit in file, lump sum credit applied using waterfall (non-finance charges first, then finance charges). Closing Disclosure Lump Sum Allocation disclosure missing in the file.       Reviewer Comment (2023-11-20): Cleared
 11/20/2023     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
220731256 [Redact] [Redact]   29602145     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Appraisal Re-Inspection Fee was last disclosed as [Redact] on LE but disclosed as [Redact] on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2023-11-20): [Redact] received Post CD,LOX,Copy of refund check and proof of mailing.


Buyer Comment (2023-11-17): LOE, PCCD, refund check and label


Reviewer Comment (2023-11-06): [Redact] received updated LE with COC dated [Redact]. However, Appraisal document with provided disclosure completed on [Redact], but the Appraisal Re-inspection fee was not added until [Redact]. This is outside of the required three-day timeline for notification of borrower. Cure is required.


Buyer Comment (2023-11-03): LE to correspond to uploaded COC


Buyer Comment (2023-11-03): COC
   11/20/2023   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
220731256 [Redact] [Redact]   29602146     Compliance Compliance Federal Compliance ATR/QM Defect General Ability to Repay - Bank Statement Guidelines Require 12 or more Months Ability to Repay (Dodd-Frank 2014): Guidelines require 12 or more consecutive months bank statements. 12 months bank statement provided.       Reviewer Comment (2023-11-20): Cleared
 11/20/2023     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
220731256 [Redact] [Redact]   29602148     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception for borrower being self employed for less than 2 years.  Compensating factors: Reserves [Redact] FICO 753 Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		   SitusAMC

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SitusAMC		 Reviewer Comment (2023-11-14): Exception provided.


Buyer Comment (2023-11-13): [Redact] accepted, please clear with comp factors, reserves of [Redact], 753 FICO. DTI of 9% and 80% LTV.
     11/14/2023 2 C B C B C B C B C B   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
220731277 [Redact] [Redact]   29602250     Credit Guideline Guideline Issue Guideline Short Term Rental property consistently used as a seasonal or vacation rental (i.e., [Redact]) and evidence of at least 12 months of Operating History is not present in the loan file.   Missing proof of 12 months seasoning, purchased [Redact]. Exception granted, comp factor detail: Borrower has years of experience with STR in the area and surrounding area. Owns 5 STR properties. 20 months reserves vs 6 Borrower's Experience/Track Record

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Borrower's Experience/Track Record. The borrower has: Currently holds "5" STR Properties. SitusAMC,Originator Pre-Close,Originator,Aggregator

SitusAMC		 Reviewer Comment (2023-10-26): Lender approved exception to waive with compensating factors
     10/26/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B B B     A A   N/A No
220781357 [Redact] [Redact]   29696226     Credit Guideline Guideline Issue Guideline The Guarantor's Percent of Business Ownership does not meet guideline requirements. - % of Business Ownership: ___ Borrower required to have 25% ownership in entity. Approved at 20%.
750 FICO, Seasoned investor, substantial reserves and capped at 70% LTV.		 Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. 54 vs 6 SitusAMC,Originator Reviewer Comment (2023-11-06): Approved to waive with compensating factors, 750 FICO, Seasoned investor, substantial reserves.
     11/06/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
220832185 [Redact] [Redact] [Redact] 29763822     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-02-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-02-09): The collateral was delivered [Redact] at 9:15am via [Redact] trk#[Redact].
 02/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
220832185 [Redact] [Redact] [Redact] 29763823     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-02-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-02-09): The collateral was delivered [Redact] at 9:15am via [Redact] trk#[Redact].
 02/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
220832185 [Redact] [Redact] [Redact] 29961910     Credit Credit Miscellaneous Guideline Credit Exception:   1st Time Investor not meeting 12 month housing payment history on primary residence as Mortgage is in Spouse Name. Lender Exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].		 Post Close reserves of [Redact] 58 months subject reserves when only 6 is required SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-02-09): Client elected to waive the condition with the following Compensating Factors:
* Post Close reserves of [Redact] 58 months subject reserves when only 6 is required
* FICO of 724 when 700 is the maximum
* Stable residence history: Borrower has been at primary residence 10 years
     02/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 29790932     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 29790933     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 31034872     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Provide a copy of Business Purpose Certificate       Reviewer Comment (2024-07-05): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-03): Business Purpose Certificate
 07/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 31035028     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Missing Guarantor Agreement document       Reviewer Comment (2024-07-05): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-03): Guarantor Agreement
 07/05/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 31042903     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   The file is missing a copy of the lease agreement, required by the guidelines for refinances.  Client exception approval in file. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **Post close reserves [Redact](17x; subject [Redact]x15 = [Redact]).

**LTV 61 is 19 below program maximum (80).		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-07-03): Client elected to waive the condition with the following Compensating Factors:
**Post close reserves [Redact](17x; subject [Redact]x15 = [Redact]).
**LTV 61 is 19 below program maximum (80).
**Extensive credit depth (B1 18 years; B2 35 years) including mortgage history since [Redact] (B1; 14 years) and [Redact] (B2; 18 years) all paid as agreed.
     07/03/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220853806 [Redact] [Redact] [Redact] 31042913     Credit Credit Miscellaneous Guideline Credit Exception:   The subject is a delayed financing refinance and the borrower used borrowed funds to purchase the property initially.  Client exception approval in file Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **Post close reserves [Redact](17x; subject [Redact]x15 = [Redact]).

**LTV 61 is 19 below program maximum (80).		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-07-03): Client elected to waive the condition with the following Compensating Factors:
**Post close reserves [Redact](17x; subject [Redact]x15 = [Redact]).
**LTV 61 is 19 below program maximum (80).
**Extensive credit depth (B1 18 years; B2 35 years) including mortgage history since [Redact] (B1; 14 years) and [Redact] (B2; 18 years) all paid as agreed.
     07/03/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
220856211 [Redact] [Redact]   29798048     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation not provided for business entity "[Redact]".       Reviewer Comment (2023-12-13): Received Certificate of Formation for [Redact]". Exception Cleared


Buyer Comment (2023-12-13): See attached


Reviewer Comment (2023-12-07): Received EIN document, Good standing, Certificate of filing, Operating agreement and Corporate resolution . Copy of Certificate of Formation is missing. Exception Remains


Buyer Comment (2023-12-06): Docs attached
 12/13/2023     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
220856211 [Redact] [Redact]   29798050     Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception to use lease vs market rent over 20%. Comp factors, reserves, 791 score, primary residence over 7 years , 9 investment properties. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. 130 vs 6 SitusAMC,Originator Reviewer Comment (2023-12-04): Waived with compensating factors.
     12/04/2023 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
220856211 [Redact] [Redact]   29798051     Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception to allow 2 months rent receipts vs 6 months required when using lease that is more than 20% over appraisal rent comparison. Comp factors, reserves, 791 score, primary residence over 7 years , 9 investment properties. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. 130 vs 6 SitusAMC,Originator Reviewer Comment (2023-12-04): Waived with compensating factors.
     12/04/2023 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
220861990 [Redact] [Redact] [Redact] 29806357     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-03-29): Waived on Rate Lock: Collateral cleared by Custodian
 03/29/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220861990 [Redact] [Redact] [Redact] 29806358     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-03-29): Waived on Rate Lock: Collateral cleared by Custodian
 03/29/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220889930 [Redact] [Redact] [Redact] 29879034     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-02-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-02-27): please advise if there is anything else needed for this loan


Seller Comment (2024-02-22): The collateral was delivered [Redact] at 9:25am via [Redact] trk#[Redact].
 02/28/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
220889930 [Redact] [Redact] [Redact] 29879035     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-02-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-02-27): please advise if there is anything else needed for this loan


Seller Comment (2024-02-22): The collateral was delivered [Redact] at 9:25am via [Redact] trk#[Redact].
 02/28/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
220889930 [Redact] [Redact] [Redact] 30028344     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-02-26): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-02-23): business purpose
 02/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
220889930 [Redact] [Redact] [Redact] 30028360     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Note provided is illegible. Page one has been scanned over with Legal Description.       Reviewer Comment (2024-02-26): Received Note. Exception Cleared.


Seller Comment (2024-02-23): note
 02/26/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
220889930 [Redact] [Redact] [Redact] 30061042     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Monthly P&I does not agree with Schedule SCH: [Redact]               NOTE: [Redact]       Buyer Comment (2024-02-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-02-28): Please match the data from the schedule to the NOTE.
 02/28/2024     1   A   A   A   A   A   [Redact] Investment Purchase   D A D A     A A   N/A No
220892590 [Redact] [Redact]   29886365     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement not provided for guarantor "[Redact]".       Reviewer Comment (2023-12-27): Signed Guarantor Agreement received for for guarantor "[Redact]" Exception Cleared


Buyer Comment (2023-12-26): Guaranty
 12/27/2023     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
220892590 [Redact] [Redact]   29886366     Credit Credit Miscellaneous Credit Miscellaneous Credit (Non-Material):   Note reflecting only guarantor information, Please provide corrected Note with Business Entity "[Redact]" along with guarantor information.       Reviewer Comment (2023-11-02): Note provided.


Buyer Comment (2023-11-02): Note
 11/02/2023     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
220951114 [Redact] [Redact]   29980823     Credit Credit Miscellaneous Guideline Credit Exception:   A credit score of 720 is required for a 65% LTV when the subject is a cash out refinance and the unit is vacant. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2023-10-24): Lender exception provided. Compensating factors are: The FICO is 708 vs min required of 720. Assets of 126 months exceeds min required of 4 months.
     10/24/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
220951114 [Redact] [Redact]   29980824     Credit Credit Miscellaneous Guideline Credit Exception:   SSR is missing from the loan file.       Reviewer Comment (2023-10-30): SSR provided.


Buyer Comment (2023-10-26): SSRs attached for file
 10/30/2023     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
220951114 [Redact] [Redact]   29980826     Credit Credit Miscellaneous Guideline Credit Exception:   The Desk Review provided was not from an approved company. The Desk Review is from [Redact]. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2023-10-24): Lender exception provided. Compensating factors are: The assets of 126 months exceeds min required of 4 months.
     10/24/2023 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
220952374 [Redact] [Redact] [Redact] 29983265     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-03-14): Waived on Rate Lock: Collateral cleared by Custodian
 03/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
220952374 [Redact] [Redact] [Redact] 29983266     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-03-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-03-12): (Rate Lock) [Redact]
 03/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
220981795 [Redact] [Redact] [Redact] 30036280     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-03-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-03-22): collateral delivered [Redact] via [Redact] tracking [Redact]
 03/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
220981795 [Redact] [Redact] [Redact] 30036281     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-03-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-03-22): collateral delivered [Redact] via [Redact] tracking [Redact]
 03/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
220987073 [Redact] [Redact] [Redact] 30045069     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-24): The collateral was delivered [Redact] at 8:44am via [Redact] trk#[Redact].
 04/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220987073 [Redact] [Redact] [Redact] 30045070     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-24): The collateral was delivered [Redact] at 8:44am via [Redact] trk#[Redact].
 04/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220992912 [Redact] [Redact] [Redact] 30056787     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220992912 [Redact] [Redact] [Redact] 30056788     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220994782 [Redact] [Redact] [Redact] 30064045     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-01): anything else needed to get this cleared


Seller Comment (2024-03-26): collateral delivered [Redact] via [Redact] [Redact]
 04/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220994782 [Redact] [Redact] [Redact] 30064046     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-01): anything else needed to get this cleared


Seller Comment (2024-03-26): collateral delivered [Redact] via [Redact] [Redact]
 04/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221000694 [Redact] [Redact] [Redact] 30072089     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-18): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221000694 [Redact] [Redact] [Redact] 30072090     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-18): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221002087 [Redact] [Redact] [Redact] 30072743     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral was delivered [Redact] via [Redact] tracking [Redact]
 04/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     C A   N/A No
221002087 [Redact] [Redact] [Redact] 30072744     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral was delivered [Redact] via [Redact] tracking [Redact]
 04/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     C A   N/A No
221002087 [Redact] [Redact] [Redact] 30329455     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - The file was missing 442 in Images       Reviewer Comment (2024-04-15): Foundation inspection provided


Seller Comment (2024-04-12): 1004
 04/15/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     C A   N/A No
221002087 [Redact] [Redact] [Redact] 30329478     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-05-10): Received RCE. Exception Cleared.


Seller Comment (2024-05-08): rce
 05/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     C A   N/A No
221007132 [Redact] [Redact] [Redact] 30080279     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-04-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/16/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221007132 [Redact] [Redact] [Redact] 30080280     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-04-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 04/16/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221023189 [Redact] [Redact] [Redact] 30097145     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-05-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-09): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 05/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221023189 [Redact] [Redact] [Redact] 30097146     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-05-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-09): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 05/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221023189 [Redact] [Redact] [Redact] 30510712     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Copy of Guarantor Agreement is not available in file.       Reviewer Comment (2024-05-10): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-08): Guarantor Agreement
 05/10/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221024453 [Redact] [Redact] [Redact] 30098259     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral delivered via [Redact] [Redact] tracking [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221024453 [Redact] [Redact] [Redact] 31095096     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of the Business Purpose Certificate.       Reviewer Comment (2024-07-15): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-12): business purpose
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221024453 [Redact] [Redact] [Redact] 31095098     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   The file was missing a copy of the Tax Certificate.       Reviewer Comment (2024-07-15): Received Tax Certificate. Exception Cleared.


Seller Comment (2024-07-12): tax cert
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221029177 [Redact] [Redact]   30107666     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2024-02-12): Supplement report policy amount updated. Exception cleared.


Buyer Comment (2024-02-06): Loan amount provided on Supplemental Report/Commitment (D0314) page 832; please remove exception
 02/12/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029177 [Redact] [Redact]   30107667     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Citizenship Source Documentation  was not provided - Borrower is Non Permanent resident alien and the source documents is missing in file.  The file does have evidence the borrower was assigned ITIN.  The guidelines indicate borrowers with ITIN are not eligible.       Reviewer Comment (2024-02-13): Matrix allows ITIN with IRS letter and photo ID both provided.


Buyer Comment (2024-02-12): Per lender: This has been allowed for some time.


Reviewer Comment (2024-02-12): Exception remains. Borrower is Non Permanent resident alien and the source documents is missing in file. Borrowers with ITIN are not eligible


Buyer Comment (2024-02-08): Per the lender, ITIN is eligible (primary and 2nd homes only) per the matrix (attached). ITIN assignment is in file (D0018)
 02/13/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029177 [Redact] [Redact]   30107668     Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   Borrower is Non Permanent resident alien and the source documents is missing in file.  The file does have evidence the borrower was assigned ITIN.  The guidelines indicate borrowers with ITIN are not eligible.       Reviewer Comment (2024-02-13): Matrix allows ITIN with IRS letter and photo ID both provided.


Reviewer Comment (2024-02-12): Exception remains. Borrower is Non Permanent resident alien and the source documents is missing in file. Borrowers with ITIN are not eligible


Buyer Comment (2024-02-08): Per the lender, ITIN is eligible per the matrix (attached). ITIN assignment is in file (D0018)
 02/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029177 [Redact] [Redact]   30107670     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-02-09): Acknowledged non material EV2
     02/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A C B A A Non QM Non QM Yes
221029177 [Redact] [Redact]   30107673     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [Redact] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller closing disclosure is missing in file.       Reviewer Comment (2024-02-15): Seller CD provided


Buyer Comment (2024-02-13): Seller CD
 02/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221029185 [Redact] [Redact]   30107753     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-02-07): Acknowledged non material EV2
     02/07/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A B B A A Non QM Non QM Yes
221029185 [Redact] [Redact]   30107754     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Payoff Statement Missing Missing Payoff Statement: Unable to determine if a prepayment penalty was included in the pay-off which may impact high cost findings. Payoff Statement Missing, Closing Disclosure is showing payoff of [Redact] [Redact]       Reviewer Comment (2024-02-20): VOM and original Note showing no prepayment penalty.


Buyer Comment (2024-02-15): VOM, Transaction History, Note - Per Lender: Our underwriting group have never come across this condition. Lender wouldn't exclude part of prepayment. However, the original note shows there is no prepay."
 02/20/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
221029185 [Redact] [Redact]   30107757     Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. The affiliated disclosure not signed.       Buyer Comment (2024-02-07): Lender acknowledged non material EV2, there are not affiliates listed on this disclosure
     02/07/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
221029185 [Redact] [Redact]   30107758     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  [Redact] is less than Cash From Borrower [Redact].       Reviewer Comment (2024-02-20): Additioanl bank statement provided evidencing funds sent to title company for closing costs.


Buyer Comment (2024-02-15): Per lender : Updated statement shows adequate funds at time of wire.
 02/20/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107784     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2024-02-16): Appraisal delivery receipt received and verified. Exception Cleared


Buyer Comment (2024-02-15): Delivery for [Redact] updated appraisal - please note there is no value or material change between the [Redact] and [Redact] reports. [Redact] report confirmation of receipt from borrower on [Redact] attached. Prior appraisal and delivery email also previously uploaded.


Reviewer Comment (2024-02-13): Evidence most recent appraisal dated [Redact] was delivered within 3 days has not been provided.


Buyer Comment (2024-02-08): Sure Receipt and Emails to borrower for appraisal delivery dates
 02/16/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107785     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2024-02-16): Appraisal delivery receipt received and verified


Buyer Comment (2024-02-15): Delivery for updated Report uploaded


Reviewer Comment (2024-02-13): Do not have delivery of appraisal dated [Redact].


Buyer Comment (2024-02-08): Please see uploaded appraisal deliveries
 02/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107786     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2024-02-16): Appraisal delivery receipt received and verified. Exception Cleared


Buyer Comment (2024-02-15): Delivery for updated Report uploaded - [Redact] report also has an appraised value of [Redact], value unchanged.


Reviewer Comment (2024-02-13): Exception remains. Required Date Valuation provided for Appraisal report - Report date [Redact] with appraised value of [Redact].


Buyer Comment (2024-02-08): Please see uploaded appraisal deliveries
 02/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107787     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-02-07): Acknowledged non material EV2
     02/07/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A C B A A Non QM Non QM Yes
221029189 [Redact] [Redact]   30107788     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations to borrower.       Reviewer Comment (2024-02-13): Received


Buyer Comment (2024-02-08): Homeowners Counseling List


Buyer Comment (2024-02-08): HCL Acknowledgment
 02/13/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107789     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Right to receive a copy of the Appraisal Disclosure or Loan Estimate are missing       Reviewer Comment (2024-02-09): [Redact] received LE and proof of delivery.


Buyer Comment (2024-02-07): Please cancel. The LE has been uploaded into the loan file
 02/09/2024     1 B A B A B A B A B A   [Redact] Primary Purchase Good faith redisclosure C B C A C B A A Non QM Non QM Yes
221029189 [Redact] [Redact]   30107790     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Right to receive a copy of the Appraisal Disclosure or Loan Estimate are missing       Reviewer Comment (2024-02-09): [Redact] received LE and proof of delivery.


Buyer Comment (2024-02-07): Please cancel LE has been uploaded
 02/09/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Good faith redisclosure C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107791     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to [Redact] may be required. Loan Estimate is missing       Reviewer Comment (2024-02-09): [Redact] received LE and proof of delivery.


Buyer Comment (2024-02-07): [Redact] LE
 02/09/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107792     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-02-07): [Redact] received LEs.


Buyer Comment (2024-02-07): Please cancel. The title fee of [Redact] is the Title Settlement Fee which decreased from [Redact], the Title Notary Fee of [Redact] is a shoppable fee and should not be subject to any fee tolerance
 02/07/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221029189 [Redact] [Redact]   30107793     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bankruptcy Documents not provided   Missing Bankruptcy Documents.       Reviewer Comment (2024-02-08): BK docs not required.


Buyer Comment (2024-02-07): Please re review the below exception.

Per  (pg 38) of guidelines,  guidelines  potentially would only require BK papers if the highlighted applies. Our Borrower filed a Chpt 13 and it was discharged [Redact]  per credit did not include REO. Fraud doesn't indicate any foreclosure activity.
Guidelines make no additional mention of requiring BK papers in the borrower's instance.
Please remove the above exception
 02/08/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107795     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-consent missing form loan file.       Reviewer Comment (2024-02-21): E-Sign document provided


Buyer Comment (2024-02-20): Econsent
 02/21/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029189 [Redact] [Redact]   30107797     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Buyer Comment (2024-02-21): Lender acknowledged non material EV2


Reviewer Comment (2024-02-21): Updated appraisal report date ([Redact]) and date boorrower received copy of most recent appraisal ([Redact]) are not 3 business days prior to consumation date.  Exception remains EV2.


Buyer Comment (2024-02-20): Lender Attestation re: borrower receipt
     02/21/2024 2   B   B   B   B   B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221029191 [Redact] [Redact]   30107814     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]).         Buyer Comment (2024-02-07): Acknowledged non material EV2
     02/07/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A C B A A Non QM Non QM Yes
221029191 [Redact] [Redact]   30107815     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. -         Reviewer Comment (2024-02-13): E-Sign document provided


Buyer Comment (2024-02-07): Esign consent
 02/13/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221029191 [Redact] [Redact]   30107816     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue Date >  Closing Disclosure Issue Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided.         Reviewer Comment (2024-02-07): Omitted incomplete/draft CD, re-tested
 02/07/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term No Defined cure C B C A C B A A Non QM Non QM No
221029248 [Redact] [Redact]   30108169     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax Certificate for Subject Property is missing.       Reviewer Comment (2024-03-01): Lender commented Tax Calculation 1.5% * Sales price as conservative approach. Tax cert provided Exception  Cleared


Buyer Comment (2024-02-29): Per Lender: This loan was purchased from the lender over a year ago and the close date for the lender was [Redact]. The back end on this loan is 39.508. The lender used 1.5% of the purchase price to maintain a conservative approach = Sales Price [Redact] X 1.5 = [Redact] divided by 12 months = [Redact]/mo. Our Calculation comes out to [Redact] / month based on the bill and special assessment vs. the lenders calculation above and used in qualification [Redact] / month


Reviewer Comment (2024-02-28): Using Specials assessment and provided Tax rate or 1.25%* Purchase price from Document does not matched the Tax amount lender has used [Redact]. Provide Tax Calculation. Exception Remains


Buyer Comment (2024-02-27): comment from lender: Actual Property tax statement is on the attached property tax statement which shows less than 1.25% there is the special assessment that the county had, so the UW used the most conservative property tax amount to qualify the loan.


Reviewer Comment (2024-02-27): Provide Tax Calculation worksheet as there is no tax rate listed in Document, additionally [Redact] state and considered tax rate is more than 1.25% of sale price. Exception Remains


Buyer Comment (2024-02-26): Per lender: The tax certificate is on page 1 of the attached Title Preliminary Report.
 03/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221072741 [Redact] [Redact] [Redact] 30190304     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-21): The collateral was delivered [Redact] at 9:11am via [Redact] trk#[Redact].
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221072741 [Redact] [Redact] [Redact] 30573055     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided           Reviewer Comment (2024-05-22): Received Flood Cert. Exception Cleared.


Seller Comment (2024-05-21): flood cert
 05/22/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221078281 [Redact] [Redact] [Redact] 30199621     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-04): Waived on Rate Lock: Collateral cleared by Custodian
 06/04/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221078281 [Redact] [Redact] [Redact] 30639931     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             05/28/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221078281 [Redact] [Redact] [Redact] 30639935     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrow Account TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] did not disclose whether the loan will have an escrow account. Page 4 is missing in final CD       Reviewer Comment (2024-06-04): Complete CD with Page 4 provided


Seller Comment (2024-06-03): (Rate Lock) Complete Final fully signed CD has been provided. Please review document attached.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639936     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Negative Amortization TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan contains Negative Amortization. Page 4 is missing in final CD       Reviewer Comment (2024-06-05): [Redact] received full pages of Final CD


Seller Comment (2024-06-03): (Rate Lock) Complete Final fully signed CD has been provided. Please review document attached.
 06/05/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639937     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan allows for Partial Payments. Page 4 is missing in final CD       Reviewer Comment (2024-06-05): [Redact] received full pages of Final CD


Seller Comment (2024-06-03): (Rate Lock) Complete Final fully signed CD has been provided. Please review document attached.
 06/05/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639938     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of  on Final Closing Disclosure provided on [Redact] are underdisclosed Page 4 is missing in final CD       Reviewer Comment (2024-06-04): Complete CD with Page 4 provided


Seller Comment (2024-06-03): (Rate Lock) Complete Final fully signed CD has been provided. Please review document attached.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639939     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow Account TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. Page 4 is missing in final CD       Reviewer Comment (2024-06-04): Complete CD with Page 4 provided


Seller Comment (2024-06-03): (Rate Lock) Complete Final fully signed CD has been provided. Please review document attached.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639940     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation       Reviewer Comment (2024-06-10): [Redact] received receipt of ICD.


Seller Comment (2024-06-07): (Rate Lock) CD [Redact] was provided to borrower electronically. Please review loan summary report attached and also provided before.


Reviewer Comment (2024-06-07): [Redact] received LOE to remove the document D0086. The initial CD dated [Redact] was not provided/acknowledged by the borrower please provide disclosures tracking or signed copy of initial CD.


Seller Comment (2024-06-06): (Rate Lock) Attestation Letter for CD DOC ID D0086 has been provided. Please see document attached.


Reviewer Comment (2024-06-05): [Redact] received rebuttal comment. However, Please see doc ID D0086. which have [Redact] APR on page 5. This is causing the testing to reflect over .125% increase to the [Redact] Final CD at [Redact]. If a disclosure was not issued to borrower, [Redact] requires a Lender Attestation document that specifies any disclosure(s) and identifying of the disclosure, an explanation on why the disclosure was included in loan package for testing and if not disclosed to borrower, attesting that borrower was never issued or disclosed the disclosure(s) in question. [Redact] can then retest if no information in file reflects a disclosure was provided to borrower.


Seller Comment (2024-06-03): (Rate Lock) The Revised CD issued on [Redact] did not have a 3-day waiting period required as the APR change was not beyond .125%. The change in the APR was because of the disbursement date/interim interest date change.
 06/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase TRID timing exception, no remediation available. C B B B C B A A Non QM Non QM No
221078281 [Redact] [Redact] [Redact] 30639942     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-06-10): [Redact] received LOE for increase in points.


Seller Comment (2024-06-07): (Rate Lock) The reason of change in pricing is due to the borrower lived rent free for the last 7 months. Please see document attached.


Reviewer Comment (2024-06-07): [Redact] received lock history. However, the reason for change in pricing is still not provided. Please provide the reason for change in pricing so that fee can be re-test and re-baselined or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2024-06-06): (Rate Lock) Please See attached Lock-Price History attached.


Reviewer Comment (2024-06-06): [Redact] received updated CD dated [Redact] and rebuttal comment indicates that Locked loan and Pricing change. However, the Loan was locked at [Redact] on [Redact] and there seems to be no documentation in the loan file for the pricing changed on [Redact] Please provide supporting documentation of reason for the procing changed on [Redact] or Cure is required to borrower.


Seller Comment (2024-06-05): (Rate Lock) The change was accepted on [Redact] for Locked Loan and Pricing Changes.  The change was reflected on the CD dated [Redact], which has been provided.


Reviewer Comment (2024-06-04): [Redact] received COC however it doesn't specify the reason as to why the fee increased on Cd dated [Redact] for [Redact]. Kindly provide a valid reason as to why the fee increased on Cd dated [Redact] or provide cure docs.Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.


Seller Comment (2024-06-03): (Rate Lock) No violation found. Approved COC for the Increase in Loan Discount Points/Fee for Rate Selected (Pricing) has been provided. Please review COC and Revised LE attached.
 06/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30639943     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-06-04): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-06-03): (Rate Lock) A cure of [Redact] for the Collateral Desktop Analysis Fee Amount of [Redact] was provided to the borrower on Final CD. Please see attached Predatory Worksheet Test and Final CD.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30657208     Credit Credit Credit Documentation Credit Insufficient Verification of Rental History.   Per guidelines, Borrowers who have lived in a rent-free situation are ineligible.  Lender exception approval with compensating factors in loan file. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **DTI 29.66 is 15 below program maximum (45).

**Credit score 787 is 107 points above program minimum (680).		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-05-30): Client elected to waive the condition with the following Compensating Factors:
**DTI 29.66 is 15 below program maximum (45).
**Credit score 787 is 107 points above program minimum (680).
**Upward mobility/trajectory of income based on profession.
     05/30/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221078281 [Redact] [Redact] [Redact] 30657359     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-05-30): Client elected to waive the condition on the Non-QM 1st lien
     05/30/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B B B C B A A Non QM Non QM Yes
221078281 [Redact] [Redact] [Redact] 30741138     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-06-10): Sufficient Cure Provided At Closing
   06/10/2024   1   A   A   A   A   A   [Redact] Primary Purchase Final CD evidences Cure C B B B C B A A Non QM Non QM Yes
221098203 [Redact] [Redact] [Redact] 30221318     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-10): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 05/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221098523 [Redact] [Redact]   30222742     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Missing borrower receipt and the date the appraisal was sent to the borrower       Buyer Comment (2024-02-16): Lender acknowledged non material EV2
     02/16/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222743     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. Missing initial disclosure.       Buyer Comment (2024-02-16): Lender acknowledged non material EV2


Buyer Comment (2024-02-16): LOX
     02/16/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222744     Compliance Compliance State Compliance State Defect [Redact] SB270 Prepayment Penalty Test 2009 Investment Test [Redact] SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. used the prepayment rider for confirmation.       Buyer Comment (2024-02-15): Acknowledged as Non-material.


Buyer Comment (2024-02-14): The citation cited only applies to primary, and this is an investment property. Please cancel. [Redact]. Code Ann. Comm. Law 12-126   (a)    This section applies only to a loan that:        (1)    Is secured by a mortgage or deed of trust on the borrower's primary residence; and        (2)    Is not a commercial loan.    (b)    Except to the extent expressly provided otherwise in the loan contract, a borrower may prepay all or part of outstanding unpaid indebtedness under a loan at any time.
     02/15/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222745     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2           Reviewer Comment (2024-02-21): Desk Review received and verified the details. Exception Cleared.


Buyer Comment (2024-02-16): ARR
 02/21/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222746     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing in the file.       Reviewer Comment (2024-03-01): Patriot Act doc not required


Reviewer Comment (2024-02-27): N/A - not required
 03/01/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222748     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-02-21): Desk Review received and verified the details. Exception Cleared.


Buyer Comment (2024-02-16): ARR
 02/21/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222749     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require the property to be leased at time of close with evidence the property has been leased for a refinance transaction. Subject property is vacant and no lease was provided.       Reviewer Comment (2024-02-27): Exception cleared based on guidelines do allow for unleased properties but require a 5% LTV reduction.  LTV was reduced which caused a separate LTV exception


Buyer Comment (2024-02-26): Per lender : We have an appraisal with the same date showing a value of [Redact] which would make the LTV 65%. I realize you might need to use the lower value of [Redact]. Therefore, we acknowledge the error and seek a buyer approved exception since it is such a subtle error.
 02/27/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222750     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Loan Approval was not provided.       Reviewer Comment (2024-02-27): Commitment letter used for approval


Reviewer Comment (2024-02-23): Received commitment letter. Require Approval document. Exception Remains.


Buyer Comment (2024-02-21): Approval
 02/27/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222751     Credit Collateral Missing/Incorrect Collateral Missing document: Lease on leasehold property is not in file   Missing ground lease for the subject REO.       Reviewer Comment (2024-03-06): Received ground lease agreement. Verified and updated details. Exception Cleared.


Buyer Comment (2024-03-04): See attached


Reviewer Comment (2024-03-01): Still missing ground lease for the subject property. (Leasehold)


Reviewer Comment (2024-03-01): Patriot Act exception has been cleared, lease exception still outstanding.


Buyer Comment (2024-02-28): The attached documentation is unrelated to this exception - however, please review and ensure this meets any and all requirements that are applicable for the information as it pertains to the Patriot Act exception that was removed. Thank you!
 03/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221098523 [Redact] [Redact]   30222752     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Guidelines allow for 70% LTV on a cash-out refinance with credit score of 680-699 but since property is unleased there is a 5% LTV reduction and now the maximum LTV allowed is 65%.  Lender exception required. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2024-03-07): Exception provided. Compensating factors 27.59 months in reserves with 9 months required, 699 FICO and 680 required.


Buyer Comment (2024-03-06): Please see attached exception from [Redact] for LTV.


Reviewer Comment (2024-03-01): We cannot use original appraisal reprot date [Redact] with appraised value of [Redact] as the most recent appraisal report date is [Redact] with an appraised value of [Redact] which is [Redact] less than original appraised value causing LTV to be slightly higher than maximum allowed 65% LTV.


Buyer Comment (2024-02-27): [Redact] notes on lease exception are we clear if so can we clear ? " Exception cleared based on guidelines do allow for unleased properties but require a 5% LTV reduction. LTV was
reduced which caused a separate LTV exception"
     03/07/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   D B C B B B D A   N/A No
221105311 [Redact] [Redact] [Redact] 30229978     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-08): collateral delivered [Redact] via [Redact] tracking [Redact]
 05/15/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221105311 [Redact] [Redact] [Redact] 30514038     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. - The file is missing documentation from the seller confirming the condo is warrantable.  Note: the HOA questionnaire in file from the HOA is not acceptable.       Reviewer Comment (2024-05-10): Approval provided. Exception cleared.


Seller Comment (2024-05-09): condo warrantable
 05/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221105311 [Redact] [Redact] [Redact] 30531768     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Monthly P&I does not agree with Schedule SCH: [Redact]               NOTE: [Redact]       Buyer Comment (2024-05-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-13): Please match the data from the schedule to the NOTE.
 05/15/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A     A A   N/A No
221106257 [Redact] [Redact] [Redact] 30233068     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-07): collateral was delivered [Redact] via [Redact] tracking [Redact]
 05/08/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221106257 [Redact] [Redact] [Redact] 30504973     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   File did not contain any assets to support reserves required.       Reviewer Comment (2024-05-17): Client provided an announcement to the guides not previously provided,  Cash out proceeds were acceptable per the announcement and the reserve requirement was met.


Reviewer Comment (2024-05-15): Lender rebuttal cited [Redact] guides, however loan was locked prior to [Redact] and [Redact] guides were used.  The guides in effect at rate lock do not allow cash out to be used for reserves.  Condition is valid and remains open.


Seller Comment (2024-05-13): Can you please escalate this condition to a manager with the auditor?

I've attached the guideline announcement as well as the underwriting guideline allowing the cash out proceeds to be used for reserves.


Reviewer Comment (2024-05-10): As per guideline updated in aus, cash out proceed not acceptable for reserve. Exception Remains.


Seller Comment (2024-05-08): please see the attached final Closing Disclosure dated [Redact] showing cash out proceeds of [Redact]. Cash out proceeds may be used for reserves per the most recent guideline update also attached.
 05/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221110404 [Redact] [Redact] [Redact] 30245241     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-02): The collateral was delivered [Redact] at 9:08am via [Redact] trk#[Redact].
 05/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221117956 [Redact] [Redact] [Redact] 30258581     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-05): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 06/07/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221117956 [Redact] [Redact] [Redact] 30663514     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-06-05): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-06-04): Please see attached Business Purpose Cert.
 06/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221125135 [Redact] [Redact] [Redact] 30264688     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-29): The collateral was delivered [Redact] at 9:08am via [Redact] trk#[Redact].
 05/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221125135 [Redact] [Redact] [Redact] 30489611     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file was missing final 1003 application.       Reviewer Comment (2024-05-10): Received 1003. Exception Cleared.


Seller Comment (2024-05-08): Application
 05/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221125135 [Redact] [Redact] [Redact] 30489617     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing Business Purpose Certificate.       Reviewer Comment (2024-05-06): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-05-02): business purpose
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221125135 [Redact] [Redact] [Redact] 30489876     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-05-06): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-02): guaranty
 05/06/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221126474 [Redact] [Redact] [Redact] 30266649     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-04-30): (Rate Lock) [Redact]
 05/02/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221157197 [Redact] [Redact] [Redact] 30304094     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-21): The collateral was delivered [Redact] at 8:54am via [Redact] trk#[Redact].
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221162758 [Redact] [Redact] [Redact] 30316020     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-09): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 05/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221162758 [Redact] [Redact] [Redact] 30511786     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Provide a copy of Business Purpose Certificate       Reviewer Comment (2024-05-10): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-05-08): Business Purpose Certificate
 05/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221162758 [Redact] [Redact] [Redact] 30512348     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Provide a copy of Guarantor agreement       Reviewer Comment (2024-05-10): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-08): Guarantor Agreement
 05/10/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221163057 [Redact] [Redact]   30316825     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.         Reviewer Comment (2023-11-30): Accepted as is.
       2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B B B     A A   N/A No
221163061 [Redact] [Redact]   30316831     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Rent loss insurance for the subject property is required and must equal at least [REDACTED] ([REDACTED]) months of local average monthly rents.       Reviewer Comment (2023-11-17): Rent Loss Insurance policy provided. Cleared.


Seller Comment (2023-11-17): Comment from [REDACTED] ([REDACTED]): Enclosed
Thank you
 11/17/2023     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221164855 [Redact] [Redact] [Redact] 30322046     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-24): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 05/28/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221164855 [Redact] [Redact] [Redact] 30605204     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing a guarantor agreement document       Reviewer Comment (2024-05-28): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-24): Please see guarantor agreement attached.
 05/28/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221164855 [Redact] [Redact] [Redact] 30612614     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. - The file is missing documentation from the seller confirming the condo is warrantable.  Note: the HOA questionnaire in file from the HOA is not acceptable.       Reviewer Comment (2024-05-28): Received Project Approval. Exception Cleared.


Seller Comment (2024-05-24): Please see attached approval.
 05/28/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221165743 [Redact] [Redact] [Redact] 30323307     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-23): Waived on Rate Lock: Collateral cleared by Custodian
 05/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221165743 [Redact] [Redact] [Redact] 30589852     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Missing VOE for borrower employer dated within 10 business days of note date.       Reviewer Comment (2024-05-24): Received e-mail from employer within 10 days of closing. Exception Cleared.


Seller Comment (2024-05-23): (Rate Lock) File contains a Verbal VOE confirming co-borrower's active employment status as of [Redact], which was 13 business days prior to the Note date. An additional verbal VOE was also in the file confirming borrower's active employment status as of [Redact], which was two days after the Note date. While both VVOE's were outside of the 10 business day timeline, combined they confirm borrower's continual active employment status within two weeks prior to loan closing and prior to our funding of the loan. An email from employer on [Redact], within 10 business days prior to the note date, was also in the file confirming co-borrower had no ownership interest in the business.
 05/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221165743 [Redact] [Redact] [Redact] 30589853     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Missing VOE for borrower employer dated within 10 business days of note date.       Reviewer Comment (2024-07-16): Received Third Party Employer verification. Exception Cleared.


Seller Comment (2024-07-15): (Rate Lock) Please escalate. Borrower's active employment status was confirmed 13 days prior to the loan closing and then again 2 days after the Note date. While the verification completed on [Redact] was after the Note date of the transaction, it was prior to our funding of the loan. We would not have funded the loan if we did not have verification that the borrower was actively employed before the funds were released. Borrowers made substantial down payment of 25%, have good credit history, reserves, job stability, and low debt ratios. Documentation supports borrower was actively employed at time of closing.


Reviewer Comment (2024-05-31): File present 2 employment verification one dated 13 days prior to closing and other dated 10 days after closing. However as per guideline, VOE must be completed 10 business days prior to the note date. Exception Remains.


Seller Comment (2024-05-29): (Rate Lock) Reconsideration requested. Borrower's active employment status was confirmed 13 days prior to the loan closing and then again 2 days after the Note date. While the verification completed on [Redact] was after the Note date of the transaction, it was prior to our funding of the loan. We would not have funded the loan if we did not have verification that the borrower was actively employed before the funds were released. Borrowers making substantial down payment of 25%, have good credit history, reserves, job stability, and low debt ratios.


Reviewer Comment (2024-05-24): As per guideline, VOE must be completed within 10 business days prior to the note date. Exception Remains.


Seller Comment (2024-05-23): (Rate Lock) File contains a Verbal VOE confirming borrower's active employment status as of [Redact], which was 13 business days prior to the Note date. An additional verbal VOE was also in the file confirming borrower's active employment status as of [Redact], which was two days after the Note date. While both VVOE's were outside of the 10 business day timeline, combined they confirm borrower's continual active employment status within two weeks prior to loan closing and prior to our funding of the loan.
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221176149 [Redact] [Redact] [Redact] 30329288     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-22): The collateral was delivered [Redact] at 8:54am via [Redact] trk#[Redact].
 05/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221176149 [Redact] [Redact] [Redact] 30592971     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Lender exception is provided for 75 LTV vs 70 Max on 0.80 DSCR guideline. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post Close assets of [Redact] in stocks or 78 month reserves where 16 months is required (4x)

FICO of 815 where the minimum is 720		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-05-21): Client elected to waive the condition with the following Compensating Factors:
Post Close assets of [Redact] in stocks or 78 month reserves where 16 months is required (4x)
FICO of 815 where the minimum is 720
Equity position in other REO [Redact] based off 1003.
     05/21/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221181044 [Redact] [Redact] [Redact] 30334704     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-30): The collateral was delivered [Redact] at 9:08am via [Redact] trk#[Redact].
 06/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221181044 [Redact] [Redact] [Redact] 30616717     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-06-04): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-05-31): Guarantor Agreement attached.
 06/04/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221183580 [Redact] [Redact] [Redact] 30337308     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-20): collateral delivered [Redact] via [Redact] tracking [Redact]
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221184245 [Redact] [Redact]   30337873     Compliance Compliance Federal Compliance TRID Defect TRID [Redact]Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: [Redact]Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of [Redact]exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Valid COC for addition of CDA fee of [Redact]to the CD and no cure provided to the borrower       Reviewer Comment (2023-11-07): [Redact] Received PCCD, LOE, Refund Check and Proof of Mailing.


Seller Comment (2023-11-06): Comment from [Redact] ([Redact]): Please see attached
   11/07/2023   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221197450 [Redact] [Redact] [Redact] 30364572     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Exempt from ATR Exempt from ATR No
221197450 [Redact] [Redact] [Redact] 31208405     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-08-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-31): (Rate Lock) [Redact] - [Redact] Report has been provided.
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Exempt from ATR Exempt from ATR No
221197450 [Redact] [Redact] [Redact] 31208420     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-08-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-31): (Rate Lock) [Redact] - [Redact] Report has been provided.
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Exempt from ATR Exempt from ATR No
221197450 [Redact] [Redact] [Redact] 31208425     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.             07/26/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Exempt from ATR Exempt from ATR No
221200087 [Redact] [Redact] [Redact] 30370726     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-21): (Rate Lock) The note was delivered on [Redact] via [Redact] [Redact]
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221200301 [Redact] [Redact] [Redact] 30372300     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-21): Waived on Rate Lock: Collateral cleared by Custodian
 06/21/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221200301 [Redact] [Redact] [Redact] 30771518     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The fie was missing 1003 Final.       Reviewer Comment (2024-06-20): Received Final 1003. Exception Cleared.


Seller Comment (2024-06-18): Final 1003
 06/20/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221200301 [Redact] [Redact] [Redact] 30771631     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing REO property documents.       Reviewer Comment (2024-07-09): Received closing statement. Exception Cleared.


Seller Comment (2024-07-08): Uploaded [Redact] documents


Reviewer Comment (2024-07-03): Required Tax verification for [Redact]. Exception Remains.


Seller Comment (2024-07-02): tax bill


Reviewer Comment (2024-06-27): Received Insurance verification. Required Tax Verification. Exception Remains.


Seller Comment (2024-06-26): reo docs [Redact]


Reviewer Comment (2024-06-20): Required tax and insurance verification for property [Redact]. Exception Remains.


Seller Comment (2024-06-18): REO DOCS
 07/09/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221200301 [Redact] [Redact] [Redact] 30771709     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. RESPA Homeownership Counseling List Status       Reviewer Comment (2024-06-20): Received homeownership counselling disclosure. Exception Cleared.


Seller Comment (2024-06-18): homeownership counseling and acknowledgement
 06/20/2024     1 B A B A B A B A B A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221200301 [Redact] [Redact] [Redact] 30772011     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Not High Cost and Not Higher Priced The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). The borrower selected "yes" they will occupy the property as their primary residence in the declarations section of the initial 1003             06/12/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221200333 [Redact] [Redact] [Redact] 30372420     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-18): The collateral was delivered [Redact] at 9:02am via [Redact] trk#[Redact].
 06/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221202643 [Redact] [Redact] [Redact] 30379971     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-17): Please advise if there is anything else you need


Seller Comment (2024-06-06): collateral delivered [Redact] via [Redact] tracking [Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221202643 [Redact] [Redact] [Redact] 30692946     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             06/04/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221204457 [Redact] [Redact] [Redact] 30381418     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-20): collateral delivered [Redact] via [Redact] tracking [Redact]
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
221204457 [Redact] [Redact] [Redact] 30566766     Credit Credit Miscellaneous Guideline Credit Exception:   File contains a lender approved exception for Gross Living Area(GLA) , as per guidelines minimum [Redact] square feet is required but per appraisal report [Redact] square feet with approved compensation factors. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **Post-close reserves [Redact] (6.8x; subject [Redact]x6; other REO [Redact]x2 = [Redact]).

**Credit score 794 is 114 points above program minimum (680).		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-05-16): Client elected to waive the condition with the following Compensating Factors:
**Post-close reserves [Redact] (6.8x; subject [Redact]x6; other REO [Redact]x2 = [Redact]).
**Credit score 794 is 114 points above program minimum (680).
**Extensive credit depth ([Redact]; 20+ years) including mortgage history since [Redact] (10+ years) paid as agreed
     05/16/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
221204457 [Redact] [Redact] [Redact] 30570690     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   The file is missing a copy of the client's exception approval.       Reviewer Comment (2024-06-12): Received lender exception. Exception Cleared.


Seller Comment (2024-06-10): [Redact] exception


Reviewer Comment (2024-05-24): Cleared in error.  Required Exception approval made by [Redact]. Exception Remains.


Reviewer Comment (2024-05-24): Required Exception approval made by [Redact]. Exception Remains.


Seller Comment (2024-05-22): Please advise if you have reached out to [Redact] for their approval form


Reviewer Comment (2024-05-21): Required [Redact] exception approval form. Exception Remains.


Seller Comment (2024-05-17): lender exception
 06/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221204609 [Redact] [Redact] [Redact] 30382315     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-21): The collateral was delivered [Redact] at 8:54am via [Redact] trk#[Redact].
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221209751 [Redact] [Redact] [Redact] 30396335     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-06): The collateral was delivered [Redact] at 9:41am via [Redact] trk#[Redact].
 05/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221209817 [Redact] [Redact] [Redact] 30396372     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-24): Collateral delivered [Redact] via [Redact] tracking number [Redact].
 05/28/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
221209817 [Redact] [Redact] [Redact] 30607394     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Per guidelines, max LTV is 70%. Lender exception approval with compensating factors in loan file. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 FICO 767 where  700 the minimum

Post Close reserves: [Redact] 49 months where 14 months is requires		 SitusAMC

SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-05-23): Client elected to waive the condition with the following Compensating Factors:
Post Close reserves: [Redact] 49 months where 14 months is requires
FICO 767 where  700 the minimum
Equity on primary [Redact] per 1003
     05/23/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221209817 [Redact] [Redact] [Redact] 30607395     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Per guidelines, max LTV is 70%. Lender exception approval with compensating factors in loan file. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post Close reserves: [Redact] 49 months where 14 months is requires

FICO 767 where  700 the minimum		 SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-05-23): Client elected to waive the condition with the following Compensating Factors:
Post Close reserves: [Redact] 49 months where 14 months is requires
FICO 767 where  700 the minimum
Equity on primary [Redact] per 1003
     05/23/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221209817 [Redact] [Redact] [Redact] 30607444     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-05-28): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-24): Please see attached guarantor agreement.
 05/28/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
221210942 [Redact] [Redact] [Redact] 30402632     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221210942 [Redact] [Redact] [Redact] 31056995     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221210942 [Redact] [Redact] [Redact] 31056996     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221212074 [Redact] [Redact] [Redact] 30406452     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-14): Waived on Rate Lock: Collateral cleared by Custodian
 06/14/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30678824     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing Fraud Report.       Reviewer Comment (2024-06-06): Received fraud report. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) [Redact] has been provided.
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30678847     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing Fraud report.       Reviewer Comment (2024-06-06): Received fraud report. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) [Redact] has been provided.
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30678941     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk       Reviewer Comment (2024-06-06): DTI within Tolerance. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) Do Not Agree. DTI was calculated at 49.739%, below the 50% maximum DTI allowed for the program. Loan approved with DTI ratio of 49.74% based on monthly income of [Redact] and monthly debts of [Redact]. Income was calculated using semi-monthly pay rate of [Redact] x 24 months / 12 months = [Redact] per month. Borrower's only debt was the subject property payment of [Redact], as documentation was in the file confirming [Redact] [Redact] debt had been paid off.
 06/06/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
221212074 [Redact] [Redact] [Redact] 30678942     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 58.05064% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) The DTI calculated is 58.05064%, significantly exceeds the guideline maximum of 50.00%.       Reviewer Comment (2024-06-06): DTI within Tolerance. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) Do Not Agree. DTI was calculated at 49.739%, below the 50% maximum DTI allowed for the program. Loan approved with DTI ratio of 49.74% based on monthly income of [Redact] and monthly debts of [Redact]. Income was calculated using semi-monthly pay rate of [Redact] x 24 months / 12 months = [Redact] per month. Borrower's only debt was the subject property payment of [Redact], as documentation was in the file confirming [Redact] [Redact] debt had been paid off.
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30678973     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 58.05064% exceeds Guideline total debt ratio of 50.00000%       Reviewer Comment (2024-06-06): DTI within Tolerance. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) Do Not Agree. DTI was calculated at 49.739%, below the 50% maximum DTI allowed for the program. Loan approved with DTI ratio of 49.74% based on monthly income of [Redact] and monthly debts of [Redact]. Income was calculated using semi-monthly pay rate of [Redact] x 24 months / 12 months = [Redact] per month. Borrower's only debt was the subject property payment of [Redact], as documentation was in the file confirming [Redact] [Redact] debt had been paid off.
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30679009     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to DTI issue       Reviewer Comment (2024-06-06): DTI within Tolerance. Exception Cleared.


Seller Comment (2024-06-05): (Rate Lock) Do Not Agree. DTI was calculated at 49.739%, below the 50% maximum DTI allowed for the program. Loan approved with DTI ratio of 49.74% based on monthly income of [Redact] and monthly debts of [Redact]. Income was calculated using semi-monthly pay rate of [Redact] x 24 months / 12 months = [Redact] per month. Borrower's only debt was the subject property payment of [Redact], as documentation was in the file confirming [Redact] [Redact] debt had been paid off.
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221212074 [Redact] [Redact] [Redact] 30711471     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS/Guideline Findings: All conditions were not met   AUS in file not matching loan terms as per 1008. Required AUS with DTI 49.739% removing social security income.       Reviewer Comment (2024-06-12): All conditions met. Exception Cleared.


Seller Comment (2024-06-10): (Rate Lock) Loan product does not require AUS Findings. Loan approved on the Advantage Loan product which is a manual underwrite program. The older AUS Findings that were in the file were prior to the change in loan product that had a lower loan amount for conventional underwriting. When loan amount and product changed, AUS was no longer utilized and full manual underwrite was performed. Updated AUS is not required as AUS findings were not used in final loan approval.
 06/12/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221213287 [Redact] [Redact] [Redact] 30408690     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221213290 [Redact] [Redact] [Redact] 30408699     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-29): The collateral was delivered [Redact] at 10:30am via [Redact] trk#[Redact].
 05/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221213927 [Redact] [Redact]   30411843     Compliance TRID Document Error TRID Closing Disclosure: Dates are not in chronological order. - Require updated Closing Disclosure issued on [Redact] signed on the closing date. The CD provided was singed on [Redact].       Reviewer Comment (2024-03-21): CD and LOE provided


Buyer Comment (2024-03-19): LOE and Final CD attached (CD issue date is [Redact] and signed at closing [Redact])
 03/21/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B B B B B A A A   N/A No
221213927 [Redact] [Redact]   30411844     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. The maximum LTV for a cash out is 70% less 5% due to the property being vacant. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2024-03-07): Lender exception provided. Compensating factor: 719 FICO
     03/07/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B B A A A   N/A No
221213930 [Redact] [Redact]   30411852     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application       Buyer Comment (2024-03-19): Lender acknowledged non material EV2


Buyer Comment (2024-03-19): LOE
     03/19/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B B B C B A A   N/A No
221213930 [Redact] [Redact]   30411853     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Cerificate indicates the borrower intends to occupy the subject property. The appraisal says the Predominant Occupancy is Owner.       Reviewer Comment (2024-03-18): Borrower has attested not occupying, Appraisal reference to occupying is neighborhood trend and not the subject building.


Buyer Comment (2024-03-18): Please note that the certification on page 40 that was signed by the borrower states:  Do any borrowers or guarantors intend to occupy the property for any amount of time as their primary or any other residence.  It is clearly marked No.


Buyer Comment (2024-03-18): Please advise which document is causing the occupancy issue on the above loan?
 03/18/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B B B C B A A   N/A No
221213930 [Redact] [Redact]   30411855     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2024-03-08): Lender exception provided. Comp factor: 1.7 DSCR
     03/08/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B B B C B A A   N/A No
221215062 [Redact] [Redact] [Redact] 30414004     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-21): (Rate Lock) The original note was delivered via [Redact] [Redact].
 05/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221215062 [Redact] [Redact] [Redact] 30566697     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception is provided for "DSCR sub .80 or ability to use future lease'. The representative FICO score exceeds the guideline minimum by at least 40 points. **Credit score 762 is 82 points above program minimum (680). SitusAMC,Aggregator Reviewer Comment (2024-05-16): Client elect to waive with the following Compensating Factors:
**Post-close reserves [Redact] (29x; subject [Redact]x12 = [Redact]; additional REO [Redact] = [Redact] required).
**Extensive credit depth ([Redact]; 20+ years) including mortgage history since [Redact] (12+ years) all paid as agreed.
**Credit score 762 is 82 points above program minimum (680).
     05/16/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221216638 [Redact] [Redact] [Redact] 30414730     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-24): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 05/28/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A     A A   N/A No
221216638 [Redact] [Redact] [Redact] 30597626     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-05-24): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-05-23): Please see attached guarantor agreement.
 05/24/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A     A A   N/A No
221223180 [Redact] [Redact] [Redact] 30422698     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-10): collateral delivered [Redact] via [Redact] tracking [Redact]
 05/14/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221223180 [Redact] [Redact] [Redact] 30513809     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - The file contained two full appraisals.  The lender used the more recent higher valued appraisal to calculate the LTV.  However, industry standards requires the lowered value of the two appraisals to be used to calculate the LTV.  The file is missing an Update/Recertification of older appraisal since it is greater than 120 days old at closing.  Note: the borrower was charged and paid for both appraisals.  The file does not contain documentation from the seller justifying ignoring the lower valued appraisal and only using the higher valued appraisal to calculate the LTV.       Reviewer Comment (2024-05-17): Lender rebuttal provided and earlier appraisal is considered invalid.  LTV meets guideline requirements.


Seller Comment (2024-05-15): UW explanation: the original appraisal expired and a recert of value was not provided for the older appraisal to be eligible for qualifying the loan. The AE was able to order a new appraisal, and CRT accepted the value. i have notes in the file that it was okay to proceed with the new appraised value since the original appraisal had expired. I confirmed this with management prior to final approval.
 05/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221229534 [Redact] [Redact] [Redact] 30427568     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-04): Waived on Rate Lock: Collateral cleared by Custodian
 06/04/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652560     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-06-04): Received fraud report. Exception Cleared.


Seller Comment (2024-05-31): (Rate Lock) [Redact] provided.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652570     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report for both borrowers.       Reviewer Comment (2024-06-04): Received fraud report. Exception Cleared.


Seller Comment (2024-05-31): (Rate Lock) [Redact] provided.
 06/04/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652598     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   The homeowner's insurance declarations page in the file verified an effective date of [Redact] which is after the consummation date of [Redact] and disbursement date of [Redact].       Reviewer Comment (2024-07-30): Post-close CD and final settlement statement provided verifying an updated disbursement date


Seller Comment (2024-07-29): (Rate Lock) [Redact] PCCD Letter and overnight Tracking attached


Reviewer Comment (2024-07-18): The final settlement statement with the updated disbursement date is not sufficient on its own to clear the condition.  Provide a post-close CD and LOE to the borrower matching the final settlement statement.  Condition remains


Seller Comment (2024-07-17): (Rate Lock) Final Settlement statement disbursement date [Redact] date where coverage begins.
 07/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652627     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing a copy of the E-Sign Consent Agreement.       Reviewer Comment (2024-06-06): Received E-Sign Consent. Exception Cleared.


Seller Comment (2024-06-04): (Rate Lock) Loan Summary shows e-sign date for borrower on page one
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652721     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             05/29/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652722     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             05/29/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30652723     Compliance 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 three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2024-06-05): [Redact] received [Redact] CD 3 business days prior to consummation.


Seller Comment (2024-06-04): (Rate Lock) Pre Close CD provided and Loan Summary shows proof borrower received CD's
 06/05/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
221229534 [Redact] [Redact] [Redact] 30695668     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.       Reviewer Comment (2024-06-05): Sufficient Cure Provided At Closing
   06/05/2024   1   A   A   A   A   A   [Redact] Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
221232207 [Redact] [Redact] [Redact] 30428876     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-17): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221232207 [Redact] [Redact] [Redact] 30570854     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. - Upon further review, The file is missing documentation from the seller confirming the condo is warrantable.  Note: the HOA questionnaire in file from the HOA is not acceptable.       Reviewer Comment (2024-05-22): Received project approval. Exception Cleared.


Seller Comment (2024-05-20): Please see attached approval.
 05/22/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221233442 [Redact] [Redact] [Redact] 30431760     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-17): The collateral was delivered [Redact] at 9:02am via [Redact] trk#[Redact].
 06/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221233442 [Redact] [Redact] [Redact] 30785222     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-06-17): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-06-14): Guarantor Agreement
 06/17/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221234020 [Redact] [Redact] [Redact] 30436798     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-04): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 10:03 am.
 06/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221234020 [Redact] [Redact] [Redact] 30683691     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-06-05): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-06-04): Please see attached Guaranty Agreement.
 06/05/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221234278 [Redact] [Redact] [Redact] 30437771     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-13): (Rate Lock) [Redact] Tracking [Redact] shows received [Redact]. Can we please waive the condition below. Thank you
 06/20/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221234278 [Redact] [Redact] [Redact] 30652182     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-06-06): Received fraud report. Exception Cleared.


Seller Comment (2024-06-04): (Rate Lock) [Redact] Report Sent
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221234278 [Redact] [Redact] [Redact] 30652258     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             05/29/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221234278 [Redact] [Redact] [Redact] 30652266     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing a copy of the  E-Sign Consent Agreement.       Reviewer Comment (2024-06-13): Received E-Consent. Exception Cleared.


Seller Comment (2024-06-11): (Rate Lock) E Consent document attached.
 06/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221234278 [Redact] [Redact] [Redact] 30652447     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-06-06): Received fraud report. Exception Cleared.


Seller Comment (2024-06-04): (Rate Lock) [Redact] Report Sent
 06/06/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221236488 [Redact] [Redact] [Redact] 30439505     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-17): (Rate Lock) [Redact]
 05/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221237292 [Redact] [Redact] [Redact] 30440038     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221237292 [Redact] [Redact] [Redact] 30979336     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-07-01): Received Replacement Cost Estimator. Exception Cleared.


Seller Comment (2024-06-28): (Rate Lock)  RCE provided please review
 07/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221237719 [Redact] [Redact] [Redact] 30443693     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): (Rate Lock) [Redact]
 07/11/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221240155 [Redact] [Redact] [Redact] 30451665     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-22): [Redact]: uploaded Note tracking #[Redact], and Mort and Title tracking #[Redact].
 05/23/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221240155 [Redact] [Redact] [Redact] 30587973     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             05/21/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221240155 [Redact] [Redact] [Redact] 30587974     Compliance 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 [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. Most recent tax returns are missing in file.             05/21/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221240155 [Redact] [Redact] [Redact] 30588102     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent             05/21/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221240916 [Redact] [Redact] [Redact] 30452603     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-11): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 9:03 am.
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221240916 [Redact] [Redact] [Redact] 30745192     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-06-12): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-06-11): Please see attached Guaranty Agreement.
 06/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221240925 [Redact] [Redact] [Redact] 30452647     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-10): The collateral was delivered [Redact] at 9:03am via [Redact] trk#[Redact].
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
221240925 [Redact] [Redact] [Redact] 30703576     Credit Credit Miscellaneous Guideline Credit Exception:   Exception for first time investor with less than 12 month history of owning a primary residence. Lender exception provided in loan file. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Exception for first time investor with less than 12 month history of owning a primary residence. Client elect to waive with compensating factors: FICO 721 vs. 660; 40% downpayment and reserves of 12 months from borrower's own funds.

Exception for first time investor with less than 12 month history of owning a primary residence. Client elect to waive with compensating factors: FICO 721 vs. 660; 40% downpayment and reserves of 12 months from borrower's own funds.

Exception for first time investor with less than 12 month history of owning a primary residence. Client elect to waive with compensating factors: FICO 721 vs. 660; 40% downpayment and reserves of 12 months from borrower's own funds.		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-06-07): Exception for first time investor with less than 12 month history of owning a primary residence. Client elect to waive with compensating factors: FICO 721 vs. 660; 40% downpayment and reserves of 12 months from borrower's own funds.
     06/07/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
221240925 [Redact] [Redact] [Redact] 30737591     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and the property must be re-inspected on or after [Redact] declared end date.       Reviewer Comment (2024-07-01): Received PDI. Exception Cleared.


Seller Comment (2024-07-01): fema disaster
 07/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221241694 [Redact] [Redact] [Redact] 30452814     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-06): The collateral was delivered [Redact] at 9:16am via [Redact] trk#[Redact].
 06/07/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221246562 [Redact] [Redact] [Redact] 30459566     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-20): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 8:49 am.
 06/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221246578 [Redact] [Redact] [Redact] 30459705     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-12): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 06/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221246587 [Redact] [Redact] [Redact] 30459783     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-14): Waived on Rate Lock: Collateral cleared by Custodian
 06/14/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30687182     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             06/03/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30687192     Credit Missing Document General Missing Document Missing Document: Appraisal Transfer Letter not provided   The file was missing Appraisal Transfer Letter       Reviewer Comment (2024-06-10): Appraisal Transfer Letter is not required. Exception Cleared.


Seller Comment (2024-06-06): (Rate Lock) The appraisal was ordered in the name of [Redact]. There is no appraisal transfer letter to provide.
 06/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30687194     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing Fraud Report.       Reviewer Comment (2024-06-10): Received Fraud Report. Exception Cleared.


Seller Comment (2024-06-07): (Rate Lock) [Redact] Report sent
 06/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30687198     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.   The subject property is located in a FEMA disaster that does not have a declared end date       Reviewer Comment (2024-06-11): Declaration end date identified.
 06/11/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30687211     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing Fraud report.       Reviewer Comment (2024-06-10): Received Fraud Report. Exception Cleared.


Seller Comment (2024-06-07): (Rate Lock) [Redact] Report sent
 06/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30700196     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Because the borrower is paying consumer debts, the loan is subject to full QM testing.       Reviewer Comment (2024-07-10): [Redact] received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2024-07-09): (Rate Lock) Dates shows on page two of tracking documents deleviry date of [Redact]


Reviewer Comment (2024-06-12): [Redact] tracking indicates Pre-Shipment, [Redact] Awaiting Item, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2024-06-11): (Rate Lock) Proof of shipping for Doc Prep Fee added attached


Reviewer Comment (2024-06-10): [Redact] received PCCD, LOE and copy of refund check. [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2024-06-07): (Rate Lock) PCCD, Check, Overnight Tracking and Letter of explanation attached for restitution for Doc Prep fee added.
   07/10/2024   2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221246587 [Redact] [Redact] [Redact] 30700197     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Because the borrower is paying consumer debts, the loan is subject to full QM testing.       Reviewer Comment (2024-07-10): [Redact] received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2024-07-09): (Rate Lock) Restitution Documents attached for Survey shows delivery dated of [Redact] on tracking documents


Reviewer Comment (2024-06-12): [Redact] tracking indicates Pre-Shipment, [Redact] Awaiting Item, but package has not been shipped. Proof of mailing required to cure.


Reviewer Comment (2024-06-12): [Redact] received PCCD, LOE and copy of refund check. [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2024-06-11): (Rate Lock) Restitution documents attached for Survey fee added.


Reviewer Comment (2024-06-10): If the lender required the survey fee then a cure is due to the borrower for not previously disclosing the fee. If the borrower-chosen service provider further outsourced the Survey Fee, we would accept an attestation confirming this. The attestation should confirm that the service was outsourced by the borrower-chosen provider and should be on either the provider's or the lender's letterhead. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. If the borrower elected to have survey completed on their own then a Corrected CD moving the fee to Section H and LOE to borrower is required.


Seller Comment (2024-06-07): (Rate Lock) disregard, responded on wrong issue


Seller Comment (2024-06-07): (Rate Lock) PCCD, Check, Overnight Tracking and Letter of explanation attached for restitution for Doc Prep fee added.
   07/10/2024   2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221246587 [Redact] [Redact] [Redact] 30700198     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-Sign consent not provided.       Reviewer Comment (2024-06-13): Received E-Sign Consent. Exception Cleared.


Seller Comment (2024-06-11): (Rate Lock) E Consent Document attached.
 06/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221246587 [Redact] [Redact] [Redact] 30741511     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2024-07-22): Received PDI. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) Sent Diaster Report
 07/22/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
221255187 [Redact] [Redact] [Redact] 30467191     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-27): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221255187 [Redact] [Redact] [Redact] 30909280     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business purpose certificate not provided.       Reviewer Comment (2024-06-26): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-06-25): Business purpose Cert is attached.
 06/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221255222 [Redact] [Redact] [Redact] 30467449     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-03): tracking [Redact]
 06/06/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221255222 [Redact] [Redact] [Redact] 30656195     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicants three (3) business days prior to consummation             05/30/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221255576 [Redact] [Redact] [Redact] 30470149     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-21): Waived on Rate Lock: Collateral cleared by Custodian
 06/21/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221255576 [Redact] [Redact] [Redact] 30808291     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221255576 [Redact] [Redact] [Redact] 30808292     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221255576 [Redact] [Redact] [Redact] 30808293     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Reviewer Comment (2024-06-17): Client elected to waive the condition on the Non-QM 1st lien
     06/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Non QM Non QM Yes
221263248 [Redact] [Redact] [Redact] 30485167     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-20): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 8:49 am.
 06/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221263347 [Redact] [Redact] [Redact] 30485409     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian
 07/22/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
221263347 [Redact] [Redact] [Redact] 31094901     Compliance Compliance Miscellaneous Compliance TILA Missing Document: Right to Cancel (RTC) not provided   The file is missing the copy of RTC.  Note: unable to determine if the mortgage being paid off at closing was a construction loan and was obtained to acquire/construct the property.  If the loan being paid off was a construction loan, the rescission is not required.       Reviewer Comment (2024-07-31): Documentation provided verifying the subject paid off a construction loan used to acquire the property.  The loan is not subject to rescission.


Seller Comment (2024-07-30): Please see payoff for the construction loan that states it was a "residential construction" loan that we paid off.  Borrower's current mailing address on that statement is different than the subject property and the appraisal and photos also confirm that the home was vacant at the time of the loan, so no 3-day ROR is required


Reviewer Comment (2024-07-29): Additional documentation is required to determine the mortgage paid off at closing was a construction loan to determine if the loan was subject to rescission.  Provide a copy of the construction note or other documentation.  Condition remains


Seller Comment (2024-07-27): The home was a construction to perm and a RTC/ROR was not needed as they did not occupy the property, per the final appraisal. Please advise.
 07/31/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM Yes
221263347 [Redact] [Redact] [Redact] 31095120     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redact] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redact] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2024-07-24): [Redact] received earliest e-consent.


Seller Comment (2024-07-23): Please see econsent agreement accepted by both borrowers on [Redact].
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
221263347 [Redact] [Redact] [Redact] 31095122     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. Notice of Right to Cancel was not provided.       Reviewer Comment (2024-07-31): Documentation provided verifying the subject paid off a construction loan used to acquire the property.  The loan is not subject to rescission.


Seller Comment (2024-07-30): Please see payoff statement for the construction loan that states it was a "residential construction" loan that we paid off. Borrower's current mailing address on that statement is different than the subject property and the appraisal and photos also confirm that the home was vacant at the time of the loan, so no 3-day ROR is required.
 07/31/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A C A C A A A Non QM Non QM Yes
221263347 [Redact] [Redact] [Redact] 31106456     Credit Guideline Guideline Issue Guideline Missing required Transcripts (1040) and/or W-2 Transcripts. - The file is missing a copy of the most recent two years' Tax Transcript (1040) or W-2 Transcript (wage earners only), as required by the guidelines.       Reviewer Comment (2024-07-24): Received transcripts. Exception Cleared.


Seller Comment (2024-07-23): Please see tax transcripts.
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
221263568 [Redact] [Redact] [Redact] 30485733     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): please clear


Seller Comment (2024-07-05): Tracking: [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221263568 [Redact] [Redact] [Redact] 31031886     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Verification appraisal was delivered to borrower was not provided.             07/02/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221268206 [Redact] [Redact] [Redact] 30490494     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-11): Note tracking - [Redact] [Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221268567 [Redact] [Redact] [Redact] 30491750     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-11): (Rate Lock) [Redact]
 06/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221268576 [Redact] [Redact] [Redact] 30491759     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-06): Waived on Rate Lock: Collateral cleared by Custodian
 06/06/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B A A C B A A Non QM Non QM No
221268576 [Redact] [Redact] [Redact] 30662935     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Fannie Mae Points and Fees exceed allowable threshold by [Redact] or [Redact]       Reviewer Comment (2024-06-03): Client elected to waive the condition on the Non-QM 1st lien
     06/03/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A A C B A A Non QM Non QM Yes
221268576 [Redact] [Redact] [Redact] 30662938     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by [Redact] due to increase of title fees.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-06-11): [Redact] received corrected PCCD and LOE moving the fee from section B to C.


Seller Comment (2024-06-10): Title fees in section B were originally disclosed in rection C at ILE. Fees are borrower shopped for and moved to section C of the CD
 06/11/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221268576 [Redact] [Redact] [Redact] 30662939     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Survey Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-06-11): [Redact] received corrected PCCD and LOE moving the fee from section C to H.
 06/11/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221269519 [Redact] [Redact] [Redact] 30495545     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-05): Note trk [Redact] #[Redact] (orig delivered [Redact]).
 06/07/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221269568 [Redact] [Redact] [Redact] 30495887     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian
 07/02/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221269568 [Redact] [Redact] [Redact] 30982472     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent. Application Date [Redact], Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact].             06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221269568 [Redact] [Redact] [Redact] 30982653     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-07-03): Received RCE. Exception Cleared


Seller Comment (2024-07-02): (Rate Lock) I've attached a copy of the binder showing the expanded coverage as well as the cost estimator.
We have [Redact] + [Redact] (Increased dwelling amount) =         [Redact] on the primary residence
Then [Redact] for the guest house + [Redact] for the pool =    [Redact] total[Redact]


Seller Comment (2024-07-02): (Rate Lock) I've attached a copy of the binder showing the expanded coverage as well as the cost estimator.
We have [Redact] + [Redact] (Increased dwelling amount) =         [Redact] on the primary residence
Then [Redact] for the guest house + [Redact] for the pool =    [Redact]
 07/03/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221269568 [Redact] [Redact] [Redact] 30983584     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221269568 [Redact] [Redact] [Redact] 30983585     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for settlement agent doc prep.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-06-27): Sufficient Cure Provided At Closing
   06/27/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
221269568 [Redact] [Redact] [Redact] 30996929     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.               06/28/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221272054 [Redact] [Redact] [Redact] 30497845     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): tracking: [Redact] Monday
[Redact] at 9:15 AM
Signed for by: [Redact]


Seller Comment (2024-07-02): tracking: [Redact] Monday
[Redact] at 9:15 AM
Signed for by: [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A A A A A Exempt from ATR Exempt from ATR No
221273170 [Redact] [Redact] [Redact] 30501558     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-21): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/22/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221273170 [Redact] [Redact] [Redact] 31361153     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-08-15): Guarantor Agreement provided


Seller Comment (2024-08-15): Guarantor Agreement is attached.
 08/15/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
221274175 [Redact] [Redact] [Redact] 30502756     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31063730     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/08/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31063732     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent. Application Date [Redact], Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact].             07/08/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31064196     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file is missing a copy of the Fraud report.       Reviewer Comment (2024-07-12): Received fraud report. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) See [Redact] report
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31064211     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file is missing a copy of the Fraud report.       Reviewer Comment (2024-07-12): Received fraud report. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) See [Redact] report
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31065203     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/08/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274175 [Redact] [Redact] [Redact] 31069254     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2024-07-25): Received CDA. Exception Cleared.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - See Secondary valuation.
 07/25/2024     1 D A D A D A D A D A   [Redact] Primary Refinance - Cash-out - Other   D B C B B B D A Non QM Non QM No
221274249 [Redact] [Redact] [Redact] 30502960     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-06): (Rate Lock) [Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221276055 [Redact] [Redact] [Redact] 30503092     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Non QM No
221276142 [Redact] [Redact] [Redact] 30503371     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-02): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221276771 [Redact] [Redact] [Redact] 30506179     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-25): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 06/28/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   A A A A A A A A Non QM Non QM No
221279892 [Redact] [Redact] [Redact] 30507939     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-03): Waived on Rate Lock: Collateral cleared by Custodian
 07/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992763     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file was missing a copy of Articles of Organization/Formation       Reviewer Comment (2024-07-12): Received Articles of Organization. Exception Cleared.


Seller Comment (2024-07-11): LLC Docs
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992785     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of Business Purpose Certificate       Reviewer Comment (2024-07-12): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-11): Business Purpose
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992792     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The file was missing a copy of Certificate of Good Standing       Reviewer Comment (2024-07-25): Received business entity listing. Exception Cleared.


Seller Comment (2024-07-24): LLC Docs
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992797     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file was missing a copy of Corporate Resolution       Reviewer Comment (2024-07-25): Received operating agreement. Exception Cleared.


Seller Comment (2024-07-24): Uploaded LLC docs
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992799     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   The file was missing a copy of Employer Identification Number (EIN)       Reviewer Comment (2024-07-25): Associated W-9. Exception Cleared.


Seller Comment (2024-07-24): Uploaded LLC docs
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992803     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The file was missing a copy of  Operating Agreement       Reviewer Comment (2024-07-12): Received Operating Agreement. Exception Cleared.


Seller Comment (2024-07-11): Operating Agreement
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221279892 [Redact] [Redact] [Redact] 30992853     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy.           Reviewer Comment (2024-07-16): Received credit report. Exception Cleared.


Seller Comment (2024-07-16): Credit Report
 07/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221284786 [Redact] [Redact] [Redact] 30512208     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-05): [Redact] note tracking, [Redact]. Shows delivered [Redact]
 06/07/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   A A A A A A A A Non QM Non QM No
221285740 [Redact] [Redact] [Redact] 30513250     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-28): TRACKING ID
[Redact]
DELIVERED
Tuesday
[Redact] at 9:08 AM
Signed for by: [Redact]
 07/10/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C A C A A A A A Non QM Non QM No
221285740 [Redact] [Redact] [Redact] 30906230     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Verification of HOA and Insurance Verification for primary residence.  Note: the file was missing a copy of the mortgage statement to confirm if taxes and insurance were included in the payment disclosed on the 1003 and credit report.       Reviewer Comment (2024-07-01): Received all reo documents. Exception Cleared.


Seller Comment (2024-06-28): Mortgage Statement taxes insurance HOA
 07/01/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Non QM Non QM No
221285745 [Redact] [Redact] [Redact] 30513398     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-10): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221285745 [Redact] [Redact] [Redact] 31075137     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221285745 [Redact] [Redact] [Redact] 31075190     Credit Credit Miscellaneous Guideline Credit Exception:   Per the guidelines, first time homebuyer's are ineligible.  Client exception approval in file. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

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

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly mortgage payment has decreased by at least 20%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The qualifying DTI on the loan is less than or equal to 35%.

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

The representative FICO score is above 680.

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 DTI: 20 where the maximum is 45

FICO 743 - where the minimum is 680

LTV: 67 where the maximum is 80		 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Compensating Factors:
DTI: 20 where the maximum is 45
FICO 743 - where the minimum is 680
LTV: 67 where the maximum is 80
     07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221290054 [Redact] [Redact] [Redact] 30516461     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221290728 [Redact] [Redact] [Redact] 30517293     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Collateral rcvd [Redact]


Seller Comment (2024-07-01): tracking
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A A A A A Exempt from ATR Exempt from ATR No
221291232 [Redact] [Redact] [Redact] 30519466     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Note Tracking: [Redact] (delivered [Redact]).
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221291232 [Redact] [Redact] [Redact] 31030399     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing.   Copy of Insurance Verification is not available in file.       Reviewer Comment (2024-07-09): Documentation to verify the REO expenses provided and an updated 1003 was received matching the expenses verified.


Reviewer Comment (2024-07-09): EXCEPTION HISTORY - Exception Detail was updated on [Redact] PRIOR Exception Detail: Address: [Redact]
EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Insurance Verification


Seller Comment (2024-07-09): Revised 1003 to reflect accurate Taxes & Insurance for monthly obligations to [Redact]


Reviewer Comment (2024-07-08): As per 1003, total expenses [Redact]. Taxes taken from fraud-[Redact] and hazard-[Redact] monthly. Required supporting document for remaining expenses. Exception Remains.


Seller Comment (2024-07-08): 1003


Seller Comment (2024-07-08): 1003 Error - There is no property at [Redact]. Property is located at [Redact].


Reviewer Comment (2024-07-07): Provided insurance verification for [Redact] however required HOI for [Redact]. Exception Remains.


Seller Comment (2024-07-03): Insurance
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221293348 [Redact] [Redact] [Redact] 30522532     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-17): Collateral delivered on [Redact] via [Redact] trk#[Redact].
 06/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221293348 [Redact] [Redact] [Redact] 30776978     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Please provide a copy of the tax certificate used to calculate the annual taxes, the title only states the 2024 annual taxes are not due.       Reviewer Comment (2024-06-19): Received tax certificate. Exception Cleared.


Seller Comment (2024-06-17): Please see attached tax bill/ tax cert
 06/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221296681 [Redact] [Redact]   30547275     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   The file is missing a copy of the secondary valuation required for securitization purposes       Reviewer Comment (2024-05-27): Appraisal provided


Seller Comment (2024-05-24): appraisal
 05/27/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547313     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Copy of appraisal is missing.       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547365     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan. The spread between the APOR and APR exceeds the maximum allowable tolerance       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547366     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Safe Harbor requirements not satisfied.       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547368     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) Unable to determine compliance with timely delivery of valuation to borrower due to missing information. Appraisal is missing.       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547369     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit) TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property. Appraisal is missing.       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547370     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. Appraisal is missing.       Reviewer Comment (2024-05-27): Appraisal provided
 05/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296681 [Redact] [Redact]   30547406     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Loan file contains CD without an issue date.       Reviewer Comment (2024-05-30): [Redact] received LOA to remove document(s) 195 estimated to be provided on [Redact], from testing as not provided to the borrower.


Seller Comment (2024-05-29): Updated Attestation


Reviewer Comment (2024-05-28): Documents 195 contains incomplete CD and has closing date [Redact]. If the CD were not provided to the borrower, Please provide Letter of Attestation indicating the document ID's 195 were never provided to the borrower and [Redact] will review for re-testing.


Seller Comment (2024-05-24): Attestation
 05/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Good Faith Redisclosure D A D A C A D A Non QM Non QM Yes
221296681 [Redact] [Redact]   30547407     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Loan file contains CD without an issue date.       Reviewer Comment (2024-05-28): Received LOA to remove incomplete CD, from testing as not provided to the borrower.


Seller Comment (2024-05-24): Attestation
 05/28/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Good Faith Redisclosure D A D A C A D A Non QM Non QM Yes
221296681 [Redact] [Redact]   30634422     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Appraisal provided; however file is missing UCDP verifying a CU score of 2.5 or less or a secondary valuation, required for securitization purposes.       Reviewer Comment (2024-05-31): Received UCDP. Exception Cleared.


Seller Comment (2024-05-29): UCDP - CU Score 1
 05/31/2024     1   A   A   A   A   A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
221296692 [Redact] [Redact]   30575170     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. -         Reviewer Comment (2024-05-29): Received project approval. Exception Cleared.


Seller Comment (2024-05-24): condo warranty
 05/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221298009 [Redact] [Redact] [Redact] 30527082     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): [Redact]
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A A A A A Exempt from ATR Exempt from ATR No
221298441 [Redact] [Redact] [Redact] 30527666     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B A A A A Exempt from ATR Exempt from ATR No
221298441 [Redact] [Redact] [Redact] 31051417     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount.             07/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B A A A A Exempt from ATR Exempt from ATR No
221302764 [Redact] [Redact] [Redact] 30531990     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): (Rate Lock) [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221302764 [Redact] [Redact] [Redact] 31083320     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial Escrow Account Disclosure document required       Reviewer Comment (2024-07-16): IEAD provided


Seller Comment (2024-07-15): (Rate Lock) iead
 07/16/2024     1 B A B A B A B A B A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221302764 [Redact] [Redact] [Redact] 31085217     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Higher Priced as Primary The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). If tested as primary residence, loan exceeds one or more HPML thresholds. Additional compliance testing required to determine if loan would be a compliant or non-compliant HPML. Th borrower selected yes in the  declaration section on 1003             07/10/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221302890 [Redact] [Redact] [Redact] 30532368     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221302890 [Redact] [Redact] [Redact] 31128944     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Note loan amount of [Redact] is less than Guideline minimum loan amount of [Redact].  There is an approved lender exception in file for the minimum loan amount not being met. Miscellaneous

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 FICO 759 verses the minimum 720 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-07-16): Client elected to waive the condition with the following Compensating Factors:
FICO 759 verses the minimum 720
Experienced investor with history managing SFR Multi family and commercial properties
Equity in other REO [Redact]
     07/16/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221302949 [Redact] [Redact] [Redact] 30532860     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-20): Waived on Rate Lock: Collateral cleared by Custodian
 06/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221307596 [Redact] [Redact] [Redact] 30546815     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
221307596 [Redact] [Redact] [Redact] 31057722     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The documentation to verify the expenses for the REO were insufficient.  The Insurance documentation did not identify the premium. The tax bills in file identified there are 3 parcels associated with the REO.  The 2022 tax amounts for the 3 parcels was [Redact], which is higher than the seller used to qualify.  The tax bills only identified the 1st installment for 2023.  Provide the complete tax bills for all 3 parcels identifying the 2023 or 2024 full tax amount (1st and 2nd installments).       Reviewer Comment (2024-07-22): Proof of taxes and insurance for the REO was provided


Seller Comment (2024-07-22): Taxes


Seller Comment (2024-07-19): HOI on business property
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
221307598 [Redact] [Redact] [Redact] 30546852     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking - [Redact] Attached
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Non QM Exempt from ATR No
221307598 [Redact] [Redact] [Redact] 31185082     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/23/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Non QM Exempt from ATR No
221307598 [Redact] [Redact] [Redact] 31185127     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   The file was missing a copy of the 1008.       Reviewer Comment (2024-07-25): Received 1008. Exception Cleared.


Seller Comment (2024-07-24): (Rate Lock) Final 1008 attached
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A Non QM Exempt from ATR No
221307668 [Redact] [Redact] [Redact] 30547164     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-02): Tracking


Seller Comment (2024-06-25): Tracking
 07/10/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221307668 [Redact] [Redact] [Redact] 30825904     Credit Guideline Guideline Issue Guideline Missing required Transcript (1040) or W-2 Transcript. - Per the guidelines, the 1099's for the borrower, must be verified by the IRS.  Provide 2 years Tax Transcripts or 2 years 1099 transcripts.       Reviewer Comment (2024-06-20): Received Transcripts for both borrowers. Exception Cleared.


Seller Comment (2024-06-20): Transcripts
 06/20/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221307668 [Redact] [Redact] [Redact] 30827675     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/18/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221307791 [Redact] [Redact] [Redact] 30547933     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-20): collateral delivered [Redact] via [Redact] tracking [Redact]
 06/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221308202 [Redact] [Redact] [Redact] 30548251     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral delivered via [Redact] [Redact] tracking [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221310612 [Redact] [Redact] [Redact] 30553714     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
221310612 [Redact] [Redact] [Redact] 31057221     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - File is missing a copy of Insurance Verification for REO property.       Reviewer Comment (2024-07-10): Insurance is escrowed, insurance copy is not required. Exception Cleared.


Seller Comment (2024-07-09): (Rate Lock) Disagree the insurance verification is required as the VOM and accompanying payment history indicate the account is escrowed.
 07/10/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
221310612 [Redact] [Redact] [Redact] 31057483     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing a copy of the E-sign Consent Agreement.       Reviewer Comment (2024-07-12): Received E-Sign. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) E-sign consent has been provided. Please review documents attached.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
221310612 [Redact] [Redact] [Redact] 31057573     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2024-07-15): CD not provided to consumer excluded from testing


Seller Comment (2024-07-12): (Rate Lock) Attestation Letter for the Incomplete CD has been provided.


Reviewer Comment (2024-07-12): Documents ID 258 is incomplete. If the CD is not provided to the borrower, please provide Letter of Attestation indicating the document ID 258 was never provided to the borrower and [Redact] will review for re-testing.


Seller Comment (2024-07-11): (Rate Lock) [Redact] CD was provided to borrower same day. Please review documents attached.
 07/15/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase TRID timing exception, no remediation available. C A C A C A A A Non QM Non QM No
221310612 [Redact] [Redact] [Redact] 31057648     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-07-11): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-10): (Rate Lock) [Redact] Report has been provided.
 07/11/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
221310612 [Redact] [Redact] [Redact] 31057650     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-07-11): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-10): (Rate Lock) [Redact] Report has been provided.
 07/11/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
221311841 [Redact] [Redact] [Redact] 30555096     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221311841 [Redact] [Redact] [Redact] 31119614     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 5.74 is less than Guideline PITIA months reserves of 6.00.  Note: the POC fees of [Redact] are included in the cash from the borrower and the reserves are short by [Redact].  Provide a copy of the paid invoice for the POC fees (dated prior to the account statements in file) or the source of the POC fees if dated after the statements in file.       Reviewer Comment (2024-07-23): Received explanation for large deposit which was backed out. Exception Cleared.


Seller Comment (2024-07-22): See attached
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221311841 [Redact] [Redact] [Redact] 31119634     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2024-07-23): Received explanation for large deposit which was backed out. Exception Cleared.


Seller Comment (2024-07-22): See Attached
 07/23/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
221311841 [Redact] [Redact] [Redact] 31119635     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2024-07-23): Received explanation for large deposit which was backed out. Exception Cleared.


Seller Comment (2024-07-22): See attached
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221312155 [Redact] [Redact] [Redact] 30556173     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): (Rate Lock) [Redact]
 07/11/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221315008 [Redact] [Redact] [Redact] 30561405     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-17): Note trk - [Redact] #[Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221315008 [Redact] [Redact] [Redact] 30784036     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of  on Final Closing Disclosure provided on [Redact] are underdisclosed. The HOA fee of [Redact] annually wasnt disclosed to the borrower as a non-escrowed property cost over 1 year on the final CD.       Reviewer Comment (2024-06-19): [Redact] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2024-06-18): pccd docs upld
   06/19/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221315008 [Redact] [Redact] [Redact] 30787201     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - The file is missing an additional months' statement for the Savings account.  The statement in file was from [Redact]-[Redact].  The guidelines require 2 months consecutive statements.       Reviewer Comment (2024-06-20): New Account opened on [Redact]. Exception Cleared.


Seller Comment (2024-06-18): uw response/supporting docs upld
 06/20/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221317900 [Redact] [Redact] [Redact] 30563000     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian
 07/31/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221317900 [Redact] [Redact] [Redact] 31211407     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Reviewer Comment (2024-07-26): Client elected to waive the condition on the Non-QM 1st lien
     07/26/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B B B C B A A Non QM Non QM Yes
221317900 [Redact] [Redact] [Redact] 31211440     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower       Reviewer Comment (2024-07-30): [Redact] received valid COC dated [Redact]


Seller Comment (2024-07-29): [Redact]: Please see attached Rate Lock Request and corresponding disclosure. On [Redact] the lock was extended due to the lock expiring [Redact], negative pricing of [Redact] was disclosed on the [Redact] Closing Disclosure.
 07/30/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
221317900 [Redact] [Redact] [Redact] 31211614     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/26/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221317900 [Redact] [Redact] [Redact] 31211972     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             07/26/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221318588 [Redact] [Redact] [Redact] 30563229     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): collateral was delivered [Redact] via [Redact] tracking [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221318588 [Redact] [Redact] [Redact] 31194094     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file was missing a copy of the Closing Protection Letter       Reviewer Comment (2024-07-26): CPL provided


Seller Comment (2024-07-25): CPL
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221318588 [Redact] [Redact] [Redact] 31194792     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   Guidelines require [Redact]  of reserves, and verified reserves are [Redact].       Reviewer Comment (2024-07-29): Cash out proceeds used for reserve. Exception Cleared.


Seller Comment (2024-07-29): Disagree - Cash proceeds from the transaction may be used for reserves per [Redact] Platinum Product Summary section 27 - Reserves. Required reserves are [Redact] proposed subject property PITIA * 6 months = [Redact]. Actual reserves are ([Redact] business account balance * 75%) + [Redact] cash proceeds to the borrower on the final Closing Disclosure = [Redact].
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221318588 [Redact] [Redact] [Redact] 31194796     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   Guidelines require [Redact]  of reserves, and verified reserves are [Redact].       Reviewer Comment (2024-07-29): Cash out proceeds used for reserve. Exception Cleared.


Seller Comment (2024-07-29): Disagree - Cash proceeds from the transaction may be used for reserves per [Redact] Platinum Product Summary section 27 - Reserves. Required reserves are [Redact] proposed subject property PITIA * 6 months = [Redact]. Actual reserves are ([Redact] business account balance * 75%) + [Redact] cash proceeds to the borrower on the final Closing Disclosure = [Redact].
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221318588 [Redact] [Redact] [Redact] 31195125     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2024-07-29): Cash out proceeds used for reserve as per guideline. Exception Cleared.


Seller Comment (2024-07-29): Disagree - Cash proceeds from the transaction may be used for reserves per [Redact] Platinum Product Summary section 27 - Reserves. Required reserves are [Redact] proposed subject property PITIA * 6 months = [Redact]. Actual reserves are ([Redact] business account balance * 75%) + [Redact] cash proceeds to the borrower on the final Closing Disclosure = [Redact].
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221320377 [Redact] [Redact] [Redact] 30567416     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): DELIVERED
Friday
[Redact] at 9:17 AM
Signed for by: [Redact]


Seller Comment (2024-07-10): Tracking: [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221322072 [Redact] [Redact] [Redact] 30568598     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-05): [Redact] [Redact] tracking
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B B B A A Non QM Exempt from ATR No
221322072 [Redact] [Redact] [Redact] 30687061     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             06/03/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B B B A A Non QM Exempt from ATR No
221322072 [Redact] [Redact] [Redact] 30687078     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.             06/03/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B B B A A Non QM Exempt from ATR No
221323691 [Redact] [Redact] [Redact] 30570137     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-18): Waived on Rate Lock: Collateral cleared by Custodian
 06/18/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221323691 [Redact] [Redact] [Redact] 30784022     Compliance Compliance Miscellaneous Compliance TILA Missing Document: Right to Cancel (RTC) not provided   The loan is subject to rescission as the Construction loan paid off was not obtained to acquire the property.  the borrower obtained a mortgage to acquire the property that was paid off with the construction loan for renovations that was paid off at closing.       Reviewer Comment (2024-07-19): NORTC provided


Seller Comment (2024-07-18): (Rate Lock) Right Cancel attached along with tracking show borrower received 3 days of rescission


Reviewer Comment (2024-06-25): Based on the letter of explanation and the credit report in file, the previous lien for the initial purchase included permanent financing and the subsequent construction loan was for renovations. The subject transaction is considered to have refinanced permanent financing which would make it a standard refinance as opposed to a residential mortgage transaction and would therefore be subject to rescission.  Condition is valid and remains open


Seller Comment (2024-06-21): This appears to have been a construction loan and not a refinance please review letter attached.
 07/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM Yes
221323691 [Redact] [Redact] [Redact] 30784147     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The homeowner's insurance declarations page in the file verified an effective date of [Redact] which is after the note date of [Redact].  Provide a revised homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.       Reviewer Comment (2024-06-25): Copy of policy in place at the time of closing provided


Seller Comment (2024-06-24): (Rate Lock) Previous Insurance policy covers home up until [Redact]
 06/25/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221323691 [Redact] [Redact] [Redact] 30784166     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/13/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221323691 [Redact] [Redact] [Redact] 30784167     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/13/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221323691 [Redact] [Redact] [Redact] 30784170     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent. Application Date [Redact], Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact].             06/13/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
221323691 [Redact] [Redact] [Redact] 30784171     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-02): [Redact] received Letter of Explanation, borrower confirmation receipt, Copy of Refund transfer, and Corrected CD.


Seller Comment (2024-06-28): (Rate Lock)  Restitution documents attached for increase to Transfer taxes


Reviewer Comment (2024-06-25): [Redact] received COC dated [Redact], however fee increased on CD dated [Redact] and COC is dated after the CD. A valid Changed Circumstance within 3 days of CD or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2024-06-24): (Rate Lock) COC dated [Redact] loan amount increase allows for the transfer tax to increase by the percentage of loan amount.
   07/02/2024   2 C B C B C B C B C B   [Redact] Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221323691 [Redact] [Redact] [Redact] 30787188     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. The loan is subject to rescission as the Construction loan paid off was not obtained to acquire the property.  the borrower obtained a mortgage to acquire the property that was paid off with the construction loan for renovations that was paid off at closing.       Reviewer Comment (2024-07-19): NORTC provided


Seller Comment (2024-07-18): (Rate Lock) Right Cancel attached along with tracking show borrower received 3 days of rescission


Reviewer Comment (2024-06-25): Based on the letter of explanation and the credit report in file, the previous lien for the initial purchase included permanent financing and the subsequent construction loan was for renovations. The subject transaction is considered to have refinanced permanent financing which would make it a standard refinance as opposed to a residential mortgage transaction and would therefore be subject to rescission.  Condition is valid and remains open


Seller Comment (2024-06-21): [Redact] - This appears to have been a construction loan and not a refinance please review letter attached.
 07/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Non QM Yes
221323691 [Redact] [Redact] [Redact] 31173304     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [Redact], prior to three (3) business days from transaction date of [Redact] 12:00:00 AM. NORTC provided       Reviewer Comment (2024-07-19): NORTC provided; was missing from initial file and rescission period was opened and disclosed to the borrowers.
   07/19/2024   2   B   B   B   B   B   [Redact] Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Non QM Yes
221323691 [Redact] [Redact] [Redact] 31173305     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. NORTC provided; however the form used was incorrect.  The H9 form was used to increase the amount of credit previously provided; but the lender on the mortgage paid off at closing was not the same lender as the lender of the subject transaction.  Rescission is required to be re-opened using the correct form (H-8).       Reviewer Comment (2024-08-01): Rescission re-opened on the correct form.  Corrected NORTC, LOE, and proof of receipt provided


Seller Comment (2024-07-31): (Rate Lock) [Redact] right to cancel and proof of delivery was provided please review
   08/01/2024   2   B   B   B   B   B   [Redact] Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Non QM Yes
221323931 [Redact] [Redact] [Redact] 30570362     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221323931 [Redact] [Redact] [Redact] 31075159     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-24): [Redact] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2024-07-23): new trkg docs


Reviewer Comment (2024-07-23): [Redact] received comment with new [Redact] tracking number. Please provide a copy of [Redact] shipping details for remediation.


Seller Comment (2024-07-22): tracking corrected - [Redact] [Redact] used to ship


Reviewer Comment (2024-07-22): [Redact] received rebuttal, however [Redact] tracking still indicate label created but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2024-07-19): placed in shipment today, [Redact] [Redact]


Reviewer Comment (2024-07-19): [Redact] received Post CD,LOX, Copy of refund check and proof of mailing. However, [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing is required to cure.


Seller Comment (2024-07-18): rqstd to ship today, [Redact] #[Redact]


Reviewer Comment (2024-07-18): [Redact] received PCCD, LOE and Proof of Mailing, Copy of check. [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2024-07-17): corrected lox


Seller Comment (2024-07-17): check copy shipped, corrected LOX to follow


Reviewer Comment (2024-07-17): [Redact] received corrected PCCD, LOE and shipping label. However, Copy of refund check to borrower was not located in trailing documents. Also [Redact] tracking indicates label has been created, but package has not been shipped. Moreover, Cure provided on PCCD in the amount of [Redact], but provided LOX indicates "refund in the amount of [Redact] for appraisal fee instead of [Redact] for Credit report fee". Corrected LOX, Proof of mailing and Copy of refund check is required to borrower to complete remediation.


Seller Comment (2024-07-15): copy of check to follow
   07/24/2024   2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221323937 [Redact] [Redact] [Redact] 30570416     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A B A B     A A   N/A No
221323937 [Redact] [Redact] [Redact] 31179863     Credit Guideline General Guideline DSCR does not meet guideline requirements.   Upon further review, the lender qualified the borrower using short-term rental income.  Per the guidelines, short-term rental income is acceptable on refinances, the subject is a purchase. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post close reserves of [Redact] 31 months where 6 months is required (5X)

LTV of 59% where the maximum is 75%

FICO of 756 where the minimum is 700		 SitusAMC,Aggregator

SitusAMC

SitusAMC

Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-08-16): Client elected to waive the condition with the following compensating factors:
Post close reserves of [Redact] 31 months where 6 months is required (5X)
FICO of 756 where the minimum is 700
LTV of 59% where the maximum is 75%


Reviewer Comment (2024-08-12): Documentation provided to verify the borrower's current residence, rental agreement.  The loan still does not meet the guidelines as short term rental income used is not acceptable on purchases.  Condition remains


Seller Comment (2024-08-12): loe and rental agreement


Reviewer Comment (2024-08-02): The guideline version used is based on the date locked with the client.  The correct guides were used to review and the short-term rental income on purchases was not required.  Condition remains


Seller Comment (2024-08-01): The original lock was cancelled. The loan was locked [Redact] which is after the [Redact] release of the program. The announcement does not states for loans locked after a certain date nor does it address dates of application.


Reviewer Comment (2024-07-26): The guidelines in effect at the time the loan was locked ([Redact]), do not include short term rental for a purchase transaction.  While the more recent guides allow it, the guides in effect at the date the loan was locked do not.  The condition is valid and remains open


Seller Comment (2024-07-25): Please see guidelines
     08/16/2024 2   B   B   B   B   B   [Redact] Investment Purchase   A B A B     A A   N/A No
221323954 [Redact] [Redact] [Redact] 30570433     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-18): collateral delivered [Redact] via [Redact] tracking [Redact]
 06/19/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323954 [Redact] [Redact] [Redact] 30787177     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing a copy of the guarantor agreement.       Reviewer Comment (2024-06-17): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-06-14): Guarantor Agreement
 06/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323956 [Redact] [Redact] [Redact] 30570439     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-18): The collateral was delivered [Redact] at 9:02am via [Redact] trk#[Redact].
 06/19/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323956 [Redact] [Redact] [Redact] 30809387     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided           Reviewer Comment (2024-06-19): Document provided. Exception cleared.


Seller Comment (2024-06-18): Please see attached Articles of Organization.
 06/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323956 [Redact] [Redact] [Redact] 30809389     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided           Reviewer Comment (2024-06-19): Document provided. Exception cleared.


Seller Comment (2024-06-18): Please see attached EIN.
 06/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323956 [Redact] [Redact] [Redact] 30809390     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-06-19): Document provided. Exception cleared.


Seller Comment (2024-06-18): Guarantor Agreement
 06/19/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323958 [Redact] [Redact] [Redact] 30570444     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-18): The collateral was delivered [Redact] at 9:02am via [Redact] trk#[Redact].
 06/19/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323958 [Redact] [Redact] [Redact] 30809906     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-06-19): Agreement provided. Exception cleared.


Seller Comment (2024-06-18): Guarantor Agreement
 06/19/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221323958 [Redact] [Redact] [Redact] 30819821     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-06-24): Policy contains replacement cost coverage. Exception Cleared.


Seller Comment (2024-06-20): Attached policy indicates the loss settlement is replacement cost.
 06/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221327795 [Redact] [Redact] [Redact] 30575209     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): collateral delivered 0[Redact] via [Redact] tracking [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221327795 [Redact] [Redact] [Redact] 31015948     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   PUD Rider box was checked on Security Instrument; however the subject is a Condo.  Provide a revised Security Deed removing the PUD Rider and proof of intent to re-record the Security Deed.       Reviewer Comment (2024-07-10): Received updated security instrument. Exception Cleared.


Seller Comment (2024-07-10): mortgage
 07/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221329172 [Redact] [Redact] [Redact] 30577094     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian
 07/08/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221329172 [Redact] [Redact] [Redact] 30992638     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             06/28/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221329206 [Redact] [Redact] [Redact] 30577208     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-05): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221329214 [Redact] [Redact] [Redact] 30577251     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-26): Note Trk - [Redact] #[Redact], delivered [Redact]
 06/28/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B A A C B A A Non QM Non QM No
221329214 [Redact] [Redact] [Redact] 30827324     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/18/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B A A C B A A Non QM Non QM No
221329214 [Redact] [Redact] [Redact] 30827326     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-06-28): [Redact] received PCCD & LOE.


Seller Comment (2024-06-27): pccd docs upld
 06/28/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221329901 [Redact] [Redact] [Redact] 30577584     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-11): tracking [Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221329901 [Redact] [Redact] [Redact] 30691832     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Title Commitment reflects an ALTA Loan Policy amount of [Redact] , which is insufficient to cover the subject loan amount of [Redact]. Final Title Policy was not provided to verify sufficient title coverage was obtained.             06/04/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221329901 [Redact] [Redact] [Redact] 30691848     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement is Missing in the File.       Reviewer Comment (2024-06-17): Received CD. Exception Cleared.


Seller Comment (2024-06-14): they just closed on this house on [Redact] no mortg statement i sent up the ALTA see final cd


Reviewer Comment (2024-06-13): Provided lease agreements however required mortgage statement/CD to verify PITI. Exception Remains.


Seller Comment (2024-06-11): reo
 06/17/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221329901 [Redact] [Redact] [Redact] 30692380     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-06-06): Client elected to waive the condition on the Non-QM 1st lien
     06/06/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C B B B A A Exempt from ATR Exempt from ATR Yes
221329909 [Redact] [Redact] [Redact] 30577650     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-12): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221331993 [Redact] [Redact] [Redact] 30584198     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-05): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221333836 [Redact] [Redact] [Redact] 30586077     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): (Rate Lock) [Redact]
 07/11/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221335442 [Redact] [Redact]   30590356     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - The file was missing a copy of Patriot Act Disclosure       Reviewer Comment (2024-04-16): Received Patriot Act Disclosure. Exception Cleared.


Buyer Comment (2024-04-15): Patriot Act Disclosure
 04/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
221335442 [Redact] [Redact]   30590357     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application       Buyer Comment (2024-04-15): Lender acknowledged non material EV2
     04/15/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
221335442 [Redact] [Redact]   30590358     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Non Material Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.  Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. EV2 informational finding to indicate which document was used to source fees for any applicable testing. This may be waived/acknowledged.       Buyer Comment (2024-04-15): Lender acknowledged non material EV2
     04/15/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
221335446 [Redact] [Redact]   30590373     Credit Guideline Guideline Issue Guideline Borrower is a first time home buyer and ineligible per guidelines.   Lender approved to allow First Time Investor. Compensating factors Has commercial management experience. Experience Level:  she owned a nail salon and managed her business inside a commercial building within the last 3 years and for at least a year. Fico and reserves. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].		 792, vs 720

27 vs 3		 SitusAMC,Originator

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-04-12): Lender approved to waive with compensating factors.
     04/12/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B A A A A   N/A No
221335448 [Redact] [Redact]   30590376     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.         Buyer Comment (2024-04-12): Lender acknowledged non material EV2


Buyer Comment (2024-04-12): LOX
     04/12/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B A A B B A A   N/A No
221335450 [Redact] [Redact]   30590382     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.         Buyer Comment (2024-04-12): Lender acknowledged missing disclosure. non-material.
     04/12/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A   N/A No
221335452 [Redact] [Redact]   30590387     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.         Buyer Comment (2024-04-17): Lender acknowledged non material EV2
     04/17/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B C A B B D A   N/A No
221335452 [Redact] [Redact]   30590388     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2   Please provide a copy of the CDA, only a 1004 appraisal was provided.       Reviewer Comment (2024-04-22): Received CDA for subject property. Exception cleared


Buyer Comment (2024-04-19): CDA
 04/22/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B C A B B D A   N/A No
221335452 [Redact] [Redact]   30590389     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided           Reviewer Comment (2024-04-19): 1025 In the file 1007 not require Exception Cleared


Buyer Comment (2024-04-18): This is a 2 unit property. There is no 1007. The Rental Schedule is built into the Appraisal and shown on Page 2 of 7
 04/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C A B B D A   N/A No
221335463 [Redact] [Redact]   30590423     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Buyer Comment (2024-04-22): Lender acknowledged non material EV2
     04/22/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221335463 [Redact] [Redact]   30590424     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The asset/income documentation does not show the borrower(s) at an address different than the subject property and thus casts doubt on the business purpose of the loan.   Bank Statement provided reflects the same address as the subject property.       Reviewer Comment (2024-04-25): Driving License address Change form shows mailing address [Redact]  same as credit report address, additionally contract and lease agreement provided confirmed borrower no longer staying in the property and using as investment property. Exception cleared


Buyer Comment (2024-04-23): Per Lender : This documentation was in the original file showing that the borrower had requested change of address on driver's license (attached), along with a copy of the borrower's lease option to buy contract in the file on their current residence (attached)
 04/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221335463 [Redact] [Redact]   30590425     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The ID documentation (license, passport, Visa) does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   Driver's License provided reflects the same address as the subject property.       Reviewer Comment (2024-04-25): Driving License address Change form shows mailing address [Redact]  same as credit report address, additionally contract and lease agreement provided confirmed borrower no longer staying in the property and using as investment property. Exception cleared


Buyer Comment (2024-04-23): Per Lender : This documentation was in the original file showing that the borrower had requested change of address on driver's license (attached), along with a copy of the borrower's lease option to buy contract in the file on their current residence (attached)
 04/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221335463 [Redact] [Redact]   30590427     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure not provided.       Reviewer Comment (2024-04-23): Patriot Act Disclosure received. Exception cleared.


Buyer Comment (2024-04-22): Patriot Act disclosure
 04/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221335466 [Redact] [Redact]   30590436     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Per LOE Post Closer acknowledges the ECOA disclosure but stated it was not included in the initial disclosures sent to the Borrower to sign.       Buyer Comment (2024-04-24): Acknowledged as non-material.
     04/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
221336121 [Redact] [Redact] [Redact] 30591392     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31057842     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing Fraud Report.       Reviewer Comment (2024-07-12): Received fraud report. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) [Redact] Report has been provided.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31057874     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-07-15): Received Desk Review. Exception Cleared.


Seller Comment (2024-07-12): (Rate Lock) CDA has been provided. Please review document attached.
 07/15/2024     1 D A D A D A D A D A   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31057891     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing Fraud Report.       Reviewer Comment (2024-07-12): Received fraud report. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) [Redact] Report has been provided.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31058057     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/05/2024 2 B B B B B B B B B B   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31058058     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or       Reviewer Comment (2024-07-08): Client elected to waive the condition on the Non-QM 1st lien
     07/08/2024 2 B B B B B B B B B B   [Redact] Second Home Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. D B C A C B D A Non QM Non QM Yes
221336121 [Redact] [Redact] [Redact] 31058063     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue and Received Date >  Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) The file contained a CD issued [Redact]. The CD was issued prior to the latest LE. Documentation is required to confirm this CD was not delivered to the borrower. Once received, the CD will be excluded and the condition will be cleared.       Reviewer Comment (2024-07-12): [Redact] received LOA.


Seller Comment (2024-07-11): (Rate Lock) Please review attached Attestation letter.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other No Defined Cure D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31058064     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue and Received Date >  Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) The file contained a CD issued [Redact]. The CD was issued prior to the latest LE. Documentation is required to confirm this CD was not delivered to the borrower. Once received, the CD will be excluded and the condition will be cleared.       Reviewer Comment (2024-07-12): [Redact] received LOA.


Seller Comment (2024-07-11): (Rate Lock) Please review attached Attestation letter.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other No Defined Cure D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31058065     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue and Received Date >  Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) The file contained a CD issued [Redact]. The CD was issued prior to the latest LE. Documentation is required to confirm this CD was not delivered to the borrower. Once received, the CD will be excluded and the condition will be cleared.       Reviewer Comment (2024-07-12): [Redact] received LOA.


Seller Comment (2024-07-11): (Rate Lock) Please review attached Attestation letter.
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other No Defined Cure D B C A C B D A Non QM Non QM No
221336121 [Redact] [Redact] [Redact] 31058070     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Insufficient Coverage: Hazard insurance coverage amount is insufficient. Per the RCE provided the replacement cost is [Redact] the HOI coverage amount is [Redact]       Reviewer Comment (2024-07-15): Replacement Cost coverage is sufficient. Exception Cleared.


Seller Comment (2024-07-12): (Rate Lock) HOI RCE attached shows coverage is sufficient. Please review attached document.
 07/15/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   D B C A C B D A Non QM Non QM No
221336234 [Redact] [Redact] [Redact] 30591586     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-12): (Rate Lock) [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221337638 [Redact] [Redact] [Redact] 30593537     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-01): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 07/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221337638 [Redact] [Redact] [Redact] 30979081     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Provide an updated declaration page or policy for the HO6 coverage, in effect at or prior to [Redact].       Reviewer Comment (2024-07-02): Updated declarations page provided


Seller Comment (2024-07-01): H06 updated
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221339348 [Redact] [Redact] [Redact] 30593915     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian
 07/02/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221339348 [Redact] [Redact] [Redact] 30935359     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing a copy of the E-Sign Consent Agreement.       Reviewer Comment (2024-07-02): Received E-Sign Consent Agreement. Exception Cleared.


Seller Comment (2024-07-01): (Rate Lock) See attached, e-Sign document
 07/02/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221339348 [Redact] [Redact] [Redact] 30935417     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. The Appraisal Re-Inspection Fee Amount of [Redact] wasn't disclosed to the borrower on the LE, however there was a lender credit to coer the cost to cure.       Reviewer Comment (2024-06-25): Sufficient Cure Provided At Closing
   06/25/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
221339355 [Redact] [Redact] [Redact] 30593933     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-12): tracking via [Redact] [Redact]
 06/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221339355 [Redact] [Redact] [Redact] 30716033     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             06/07/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221341343 [Redact] [Redact] [Redact] 30597467     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): disregard prev comment - wrong loan,  The Note on this loan was delivered [Redact] [Redact] #[Redact].


Seller Comment (2024-07-16): Original note being re-shipped today [Redact] #[Redact].


Seller Comment (2024-07-11): Note tracking -[Redact] #[Redact], delivered [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221341343 [Redact] [Redact] [Redact] 31076249     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221341343 [Redact] [Redact] [Redact] 31076256     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-15): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-07-12): coc details upld
 07/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
221341343 [Redact] [Redact] [Redact] 31076772     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
221341343 [Redact] [Redact] [Redact] 31118791     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-15): Sufficient Cure Provided At Closing
   07/15/2024   1   A   A   A   A   A   [Redact] Primary Purchase Final CD evidences Cure C B B B C B A A Non QM Non QM Yes
221342300 [Redact] [Redact] [Redact] 30598094     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian
 07/09/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31034682     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Please provide additional consecutive statement, as per the guidelines 2 months consecutive statements are required.       Reviewer Comment (2024-07-12): Received bank statement. Exception Cleared.


Seller Comment (2024-07-11): [Redact] Statements
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31034796     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/02/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31034797     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2024-07-18): Received [Redact] Bank Statement. Exception Cleared.


Seller Comment (2024-07-17): Hello, I have uploaded all bank statements required - can this condition be cleared?
 07/18/2024     1 B A C A B A C A B A   [Redact] Second Home Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
221342300 [Redact] [Redact] [Redact] 31034823     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI was mismatching due to missing statements for the other account to calculate the asset depletion.       Reviewer Comment (2024-07-18): Received [Redact] Bank Statement. Exception Cleared.


Seller Comment (2024-07-17): Hello, I have uploaded all bank statements required - can this condition be cleared?
 07/18/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31034834     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2024-07-18): Received [Redact] Bank Statement. Exception Cleared.


Seller Comment (2024-07-17): Hello, I have uploaded all bank statements required - can this condition be cleared?
 07/18/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31034835     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 78.30141% significantly exceeds the guideline maximum of 45.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Exception has been raised. DTI was mismatching due to missing statements for the other account to calculate the asset depletion.       Reviewer Comment (2024-07-18): Received [Redact] Bank Statement. Exception Cleared.


Seller Comment (2024-07-17): Hello, I have uploaded all bank statements required - can this condition be cleared?
 07/18/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342300 [Redact] [Redact] [Redact] 31036088     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Bank statement with account number ending [Redact] and [Redact] was not provided for income qualification. Please provide the most recent consecutive statement for this account.       Reviewer Comment (2024-07-12): Received account statement. Exception Cleared.


Seller Comment (2024-07-11): Asset Statements
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221342561 [Redact] [Redact] [Redact] 30929354     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-26): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221342564 [Redact] [Redact] [Redact] 30598282     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-24): The collateral was delivered [Redact] at 8:27am via [Redact] trk#[Redact].
 06/28/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221343904 [Redact] [Redact] [Redact] 30600481     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-28): (Rate Lock) [Redact]
 07/02/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221343904 [Redact] [Redact] [Redact] 30987511     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business tax returns provided are not the most recent, due to the borrower filed an extension             06/28/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221343904 [Redact] [Redact] [Redact] 30987512     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business tax returns provided are not the most recent, due to the borrower filed an extension             06/28/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221343904 [Redact] [Redact] [Redact] 30987513     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business tax returns provided are not the most recent, due to the borrower filed an extension             06/28/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221344229 [Redact] [Redact] [Redact] 30601133     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-01): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221344229 [Redact] [Redact] [Redact] 31013598     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-07-19): Received Renewal Policy. Exception Cleared.


Seller Comment (2024-07-18): Please see attached renewal.


Reviewer Comment (2024-07-11): Hazard insurance policy#[Redact]can not consider as it is expiring on [Redact] within 10 days of Note date [Redact] and policy#[Redact]is updated/ renewal policy. Hence, both the policies can not be added together. Please provide a revised policy with increased coverage or a copy of replacement cost estimator. Exception Remains.


Seller Comment (2024-07-10): Why do I need to provide and RCE when the 2 policies added together cover the cost to build new on the appraisal?


Reviewer Comment (2024-07-05): Policy effective date [Redact] will expire within 30 days of the note date which is not allowed as per guideline. Hence Considered Renewal Policy. Provide a copy of the replacement cost estimator from the insurance company, a revised policy/dec page with increased coverage, or documentation from the insurance company verifying the policy has Guaranteed Replacement cost coverage.  Condition Remains.


Seller Comment (2024-07-03): There are 2 policies that add up to the coverage. Both cover [Redact]. So, we have [Redact] in coverage. Policy #[Redact]. Thanks!
 07/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221344229 [Redact] [Redact] [Redact] 31015058     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title policy not reflecting coverage amount             07/01/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221347261 [Redact] [Redact] [Redact] 30605693     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): Last comment was not for this loan. Tracking for this loan is [Redact].


Seller Comment (2024-07-23): Collateral delivered [Redact] via [Redact] tracking [Redact]


Seller Comment (2024-07-22): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221347261 [Redact] [Redact] [Redact] 31175851     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-23): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-22): Guarantor Agreement
 07/23/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221347370 [Redact] [Redact] [Redact] 30606261     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian
 07/08/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
221347370 [Redact] [Redact] [Redact] 30992744     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The subject property is located in a FEMA disaster area. The appraisal was performed after the FEMA declaration start date but prior to the declared end date. Provide a post-disaster inspection dated after the declaration end date of [Redact].       Reviewer Comment (2024-07-09): Received PDI. Exception Cleared.


Seller Comment (2024-07-08): Please see attached.
 07/09/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
221347370 [Redact] [Redact] [Redact] 30992813     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The commitment title report in file disclosed [Redact]of title insurance Coverage; however, this is less than the loan amount of [Redact]             06/28/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
221347370 [Redact] [Redact] [Redact] 30992977     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification of appraisal was delivered to borrower was not provided             06/28/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
221347705 [Redact] [Redact] [Redact] 30607083     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   B B A A B B A A Non QM Exempt from ATR No
221347705 [Redact] [Redact] [Redact] 31035647     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/02/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B A A B B A A Non QM Exempt from ATR No
221347764 [Redact] [Redact] [Redact] 30607640     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-05): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221347787 [Redact] [Redact] [Redact] 30607721     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-28): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221347979 [Redact] [Redact] [Redact] 30608263     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-05): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
221347979 [Redact] [Redact] [Redact] 31015312     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-03): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-02): Guarantor Agreement
 07/03/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
221347979 [Redact] [Redact] [Redact] 31035653     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. The maximum LTV for first time investors is 75.00%.  The loan closed with an LTV of 80.00%.  Client exception approval in file. The qualifying DSCR on the loan is greater than the guideline minimum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 The DSCR of 1.79 is greater than the minimum required DSCR of 1.15.

Post close reserves: [Redact] where [Redact] is required (7X)

FICO: 807 where 700 is required		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-07-02): Client elected to waive the condition with the following Compensating Factors:
DSCR is 1.81 where 1.15 is the minimum
FICO: 807 where 700 is required
Post close reserves: [Redact] where [Redact] is required (7X)
     07/02/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221350317 [Redact] [Redact] [Redact] 30611962     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian
 07/02/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221350317 [Redact] [Redact] [Redact] 30982177     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.               06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221350317 [Redact] [Redact] [Redact] 30982663     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221350317 [Redact] [Redact] [Redact] 30982664     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221350317 [Redact] [Redact] [Redact] 30982666     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2024-06-27): Sufficient Cure Provided At Closing
   06/27/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
221350317 [Redact] [Redact] [Redact] 30983219     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the fraud report       Reviewer Comment (2024-07-01): Received fraud report. Exception Cleared.


Seller Comment (2024-07-01): (Rate Lock) [Redact] report provided please review
 07/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221350317 [Redact] [Redact] [Redact] 30983273     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2024-07-01): Received fraud report. Exception Cleared.


Seller Comment (2024-07-01): (Rate Lock) [Redact] report provided please review
 07/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221352995 [Redact] [Redact] [Redact] 30619277     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221352995 [Redact] [Redact] [Redact] 31158780     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/17/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221352995 [Redact] [Redact] [Redact] 31158782     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower. TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided       Reviewer Comment (2024-07-24): Sufficient cure provided at closing.


Seller Comment (2024-07-22): (Rate Lock) Disagree - There was a decrease in lender credits to [Redact] due to a loan amount change from #[Redact] [Redact].  See COC History.
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
221352995 [Redact] [Redact] [Redact] 31161468     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/17/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
221352995 [Redact] [Redact] [Redact] 31195967     Compliance Compliance Federal Compliance TRID TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2024-07-24): Sufficient Cure Provided At Closing
   07/24/2024   1   A   A   A   A   A   [Redact] Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM Yes
221356673 [Redact] [Redact] [Redact] 30631574     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-15): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/16/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221391519 [Redact] [Redact] [Redact] 30642516     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-26): Waived on Rate Lock: Collateral cleared by Custodian
 06/26/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221391519 [Redact] [Redact] [Redact] 30906315     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification of appraisal was delivered to borrower was not provided             06/21/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221391519 [Redact] [Redact] [Redact] 30906318     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by [Redact] due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-07-08): [Redact] received Post CD and LOX by moving the title fees to section C.


Seller Comment (2024-07-08): Pending Cure Check.


Seller Comment (2024-07-08): PCCD, LOX & [Redact].


Reviewer Comment (2024-07-02): [Redact] received rebuttal for cure provided at closing [Redact]. However, required cure for 10% tolerance is [Redact] as Notary fee disclosed under section B of final CD is also fall under 10% tolerance. Please provide remaining cure or moving the fee under correct section.


Seller Comment (2024-07-01): [Redact] cure provided at closing.  Please cancel condition.
 07/08/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221391519 [Redact] [Redact] [Redact] 30906319     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed [Redact] on LE but disclosed as [Redact] on Final CD. File does not contain COC for this file Cure pro Ce vided at closing       Reviewer Comment (2024-07-17): [Redact] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.


Seller Comment (2024-07-15): shipping [Redact] - [Redact] [Redact] tracking


Reviewer Comment (2024-07-15): [Redact] received copy of refund check. [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing is need in order to cure the exception.


Seller Comment (2024-07-12): check copy shipped


Reviewer Comment (2024-07-08): [Redact] received Post CD,LOX and proof of mailing. However, the file is missing copy of refund check and also [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing and copy of refund check is need in order to cure the exception.


Seller Comment (2024-07-08): PCCD, LOX & [Redact] uploaded for review. Pending Cure Check.


Reviewer Comment (2024-07-08): [Redact] received rate lock to show updated loan program, however, from document unable to identify the initial loan program. Please provide additional information to verify the initial loan program.


Seller Comment (2024-07-03): Lock to show program change


Reviewer Comment (2024-07-02): [Redact] received COC dated [Redact] for change in loan program. Please provide additional documents to verify the program change and when lender became aware of the change.


Seller Comment (2024-07-01): trid docs
   07/17/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221395918 [Redact] [Redact] [Redact] 30650049     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221395918 [Redact] [Redact] [Redact] 31156206     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Collateral Desktop Analysis Fee Amount of [Redact] wasn't disclosed to the borrower on the Loan Estimate, however the lender provided a lender credit to cover the cost to cure.       Reviewer Comment (2024-07-17): Sufficient Cure Provided At Closing
   07/17/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
221395918 [Redact] [Redact] [Redact] 31156278     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud report missing in file.       Reviewer Comment (2024-07-22): Received fraud report. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) [Redact] report  provided please review
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221395918 [Redact] [Redact] [Redact] 31156322     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report missing in file.       Reviewer Comment (2024-07-22): Received fraud report. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) [Redact] report  provided please review
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221396185 [Redact] [Redact] [Redact] 30650089     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221397384 [Redact] [Redact] [Redact] 30650493     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 07/30/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221397384 [Redact] [Redact] [Redact] 31128850     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-07-22): RCE provided


Seller Comment (2024-07-22): RCE


Reviewer Comment (2024-07-18): The email conversation with the insurance company does not confirm 100% guaranteed replacement cost coverage or the actual replacement cost.  Additional clarification or documentation is needed to confirm the coverage amount of [Redact] is sufficient to rebuild the subject.  Condition remains


Seller Comment (2024-07-18): Please waive and clear condition. RCE confirmation already included in closing package D0048 page 406. Thank you!
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221397384 [Redact] [Redact] [Redact] 31175611     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Mortgagor Name(s) does not agree with Schedule SCH: [Redact]               :NOTE: [Redact]       Buyer Comment (2024-07-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-22): Please review and waive condition with uploaded LLC approval. Loan was approved with LLC as borrower.  See documents in D0183 D0184 D0189 D0185 D0186 D0191 D0055/D0056 (vesting). Thank you!


Seller Comment (2024-07-22): LLC approval
 07/30/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221397738 [Redact] [Redact] [Redact] 30650824     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-19): (Rate Lock) tracking: [Redact]
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221397738 [Redact] [Redact] [Redact] 31100367     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The Certificate of Good Standing is not in file.  However, there is a lender exception approval form in file approving exception as the LLC was formed less than 90 days ago. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 **Credit score 750 is 70 points above program minimum (680).

**Post-close reserves [Redact] (15x; [Redact]x3= [Redact]).

**LTV 50 is 30 below program maximum (80).		 SitusAMC,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-07-11): Client elected to waive the condition with the following Compensating Factors:
**LTV 50 is 30 below program maximum (80).
**Credit score 750 is 70 points above program minimum (680).
**Post-close reserves [Redact] (15x; [Redact]x3= [Redact]).
     07/11/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221397740 [Redact] [Redact] [Redact] 30650850     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): [Redact] trkg [Redact]
 07/19/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
221397740 [Redact] [Redact] [Redact] 31110363     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             07/12/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
221397740 [Redact] [Redact] [Redact] 31110367     Compliance Compliance State Compliance State Defect [Redact] SB 1894 [Redact] Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. the copy of Certificate of Compliance or Exemption is missing in file       Reviewer Comment (2024-07-18): Disclosure provided


Seller Comment (2024-07-17): anti pred cert
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
221397797 [Redact] [Redact] [Redact] 30651197     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221397797 [Redact] [Redact] [Redact] 31055804     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact],900.  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-17): Received replacement cost estimate. Exception Cleared.


Seller Comment (2024-07-16): (Rate Lock) See attached replacement cost estimator
 07/17/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221397797 [Redact] [Redact] [Redact] 31055809     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/05/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221397843 [Redact] [Redact] [Redact] 30651483     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral was delivered on [Redact] via [Redact] tracking [Redact]
 07/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221397843 [Redact] [Redact] [Redact] 31073609     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-07-14): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-07-12): Please see attached guarantor agreement
 07/14/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221397923 [Redact] [Redact] [Redact] 30651784     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-20): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 8:49 am.
 06/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221397923 [Redact] [Redact] [Redact] 30826815     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Provide a copy of Guarantor Agreement       Reviewer Comment (2024-06-24): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-06-21): Guarantor Agreement attached.
 06/24/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221397951 [Redact] [Redact]   30757234     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The subject property is located in a FEMA disaster area. A post-disaster inspection is required dated after the declaration end date of [Redact].       Reviewer Comment (2024-06-27): Received PDI. Exception Cleared.


Seller Comment (2024-06-27): disaster inspection after end date


Reviewer Comment (2024-06-16): Provided report dated on [Redact] however post-disaster inspection is required dated after the declaration end date of [Redact]. Exception Remains.


Seller Comment (2024-06-13): Disaster Inspection
 06/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221397951 [Redact] [Redact]   30757346     Compliance 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 three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2024-06-14): Duplicate exception.


Reviewer Comment (2024-06-14): [Redact] received disclosure summary stating CD dated [Redact] received by borrower on [Redact] however the same is missing in the file. Kindly provide initial Cd three days prior to closing date.


Seller Comment (2024-06-13): Attestation
 06/14/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
221397951 [Redact] [Redact]   30757347     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation       Reviewer Comment (2024-06-14): [Redact] received LOA to remove document(s) 0048 estimated to be provided on [Redact], from testing as not provided to the borrower.


Seller Comment (2024-06-13): Attestation
 06/14/2024     1 C A C A C A C A C A   [Redact] Primary Purchase TRID timing exception, no remediation available. C A C A C A A A Non QM Non QM No
221397951 [Redact] [Redact]   30793343     Compliance 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 three (3) business days prior to closing. [Redact] received disclosure summary stating CD dated [Redact] received by borrower on [Redact] however the same is missing in the file. Kindly provide initial Cd three days prior to closing date.       Reviewer Comment (2024-06-26): [Redact] Separate exception cited for ICD.


Seller Comment (2024-06-25): ICD
 06/26/2024     1   A   A   A   A   A   [Redact] Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
221397951 [Redact] [Redact]   30945216     Compliance 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 three (3) business days prior to closing. [Redact] Received CD dated [Redact] and disclosure summary; however, disclosure summary does not reflect loan details, borrower name. Provide complete copy of disclosure summary showing loan and borrower details.       Reviewer Comment (2024-06-28): [Redact] received initial CD.


Seller Comment (2024-06-27): [Redact] ICD
 06/28/2024     1   A   A   A   A   A   [Redact] Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
221397951 [Redact] [Redact]   31151861     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The subject is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration end date of [Redact].       Reviewer Comment (2024-07-24): Received PDI. Exception Cleared.


Seller Comment (2024-07-23): Disaster Inspection
 07/24/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221397963 [Redact] [Redact]   30749438     Credit Credit Miscellaneous Guideline Credit Exception:   Subject GLA [Redact] sq. ft. is less than minimum square footage requirements of [Redact] sq. ft.  Lender exception approval in the file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 100.64 months reserves exceeds min required of 12 months. SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-06-12): Client elected to waive the condition with the following Comp Factors: 100.64 months reserves exceeds min required of 12 months.  0X30 on all mortgages since 2013
     06/12/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221397969 [Redact] [Redact] [Redact] 30651863     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-06): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221398142 [Redact] [Redact] [Redact] 30652277     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): tracking [Redact]
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A A A A A Exempt from ATR Exempt from ATR No
221398348 [Redact] [Redact] [Redact] 30652948     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral delivered via [Redact] [Redact] tracking [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
221398348 [Redact] [Redact] [Redact] 31094931     Credit Credit Miscellaneous Guideline Credit Exception:   Requesting exception to not consider borrower first time investor with just shy of 12 months landlord history.  Property on REO started renting [Redact].  Borrower has rental history and is currently living rent free. Lender exception request in loan file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post Close Assets: [Redact] all liquid 28 months reserves where 8 months is required (3.6X)

FICO: 819 where 680 is the minimum		 Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-07-11): Client elects to waive the condition with the following Compensating Factors:
Credit Depth: Trade history to 2008 all paid as agree.
FICO: 819 where 680 is the minimum
Post Close Assets: [Redact] all liquid 28 months reserves where 8 months is required (3.6X)
     07/11/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
221398348 [Redact] [Redact] [Redact] 31094981     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-15): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-12): business purpose
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221402548 [Redact] [Redact] [Redact] 30656668     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221402548 [Redact] [Redact] [Redact] 31034029     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-07): Received business purpose certificate. Exception Cleared.


Seller Comment (2024-07-05): business purpose
 07/07/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221402548 [Redact] [Redact] [Redact] 31034033     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-07): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-05): guaran
 07/07/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221402556 [Redact] [Redact] [Redact] 30656689     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-26): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/02/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221402556 [Redact] [Redact] [Redact] 30923529     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.   The file was missing a copy of the title commitment or final title policy.       Reviewer Comment (2024-06-28): Received Title Commitment. Exception Cleared.


Seller Comment (2024-06-27): Please see attached title.
 06/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221402556 [Redact] [Redact] [Redact] 30923541     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   The file was missing a copy of the title commitment or final title policy.       Reviewer Comment (2024-06-28): Received Title Commitment. Exception Cleared.


Seller Comment (2024-06-27): Please see attached title.
 06/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221403549 [Redact] [Redact] [Redact] 30658509     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221403567 [Redact] [Redact] [Redact] 30658650     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): Note tracking #[Redact].
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C A A A Non QM Non QM No
221403567 [Redact] [Redact] [Redact] 31069870     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title Policy does not reflect a Coverage amount             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B C A A A Non QM Non QM No
221403567 [Redact] [Redact] [Redact] 31069916     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage insufficient by [Redact]. Provide updated policy reflecting minimum coverage of [Redact]       Reviewer Comment (2024-07-24): Received updated HOI. Exception Cleared.


Seller Comment (2024-07-23): HOI
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C A A A Non QM Non QM No
221403567 [Redact] [Redact] [Redact] 31070055     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact]. Insufficient or no cure was provided to the borrower       Reviewer Comment (2024-07-15): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-07-12): Cured at Closing. Thank you!


Seller Comment (2024-07-12): TRID items
 07/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
221403567 [Redact] [Redact] [Redact] 31070056     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Home Warranty Premium.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Home Warranty Premium. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-19): Final CD at close disclosed incorrectly Home Warranty Fee in section C.  Fee moved to section H, no actual tolerance violation.  Exception cleared.


Reviewer Comment (2024-07-18): [Redact] No new documents received. Provide Corrected PCCD and LOE moving fee to section H.


Seller Comment (2024-07-17): Please review and waive with the uploaded TRID items. Thanks.


Seller Comment (2024-07-17): TRID items


Reviewer Comment (2024-07-16): [Redact] received rebuttal, if fee was incorrectly placed in sec C, corrected PCCD moving the fee to sec H and LOE are required.


Seller Comment (2024-07-15): Please review and clear condition. - This is a section H item that was incorrectly placed in section C
- Home Warranty fee is not a title item and doesn't belong in section C.   Thank you!


Reviewer Comment (2024-07-15): The exception is for adding Home Warranty Premium under section C of the final CD. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs.


Seller Comment (2024-07-12): TRID items
 07/19/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
221405441 [Redact] [Redact] [Redact] 30660571     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian
 07/02/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221405441 [Redact] [Redact] [Redact] 30939598     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   This file was missing copy of Fraud Report       Reviewer Comment (2024-07-01): Received fraud report. Exception Cleared.


Seller Comment (2024-06-28): (Rate Lock) See attached, [Redact] Report
 07/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221405441 [Redact] [Redact] [Redact] 30939612     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Exception has already raised for fraud report missing in file       Reviewer Comment (2024-07-01): Received fraud report. Exception Cleared.


Seller Comment (2024-06-28): (Rate Lock) See attached, [Redact] Report
 07/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221405441 [Redact] [Redact] [Redact] 30939813     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower / was not provided.             06/25/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221405441 [Redact] [Redact] [Redact] 30939847     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - This file was missing copy of E-sign consent Agreement.       Reviewer Comment (2024-07-03): Received E-Sign Consent. Exception Cleared.


Seller Comment (2024-07-02): (Rate Lock) See e-Sign Agreement accepted by borrower.
 07/03/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221406188 [Redact] [Redact] [Redact] 30661614     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-19): Tracking
 06/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221406188 [Redact] [Redact] [Redact] 30819634     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - ARM not provided   The file was missing Rider - ARM       Reviewer Comment (2024-06-20): Received ARM Rider. Exception Cleared.


Seller Comment (2024-06-19): ARM Rider
 06/20/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221406188 [Redact] [Redact] [Redact] 30823404     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing             06/18/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221411313 [Redact] [Redact]   30770260     Credit Guideline Guideline Issue Guideline More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Per guidelines, If there are 1 NSF or more occurrences in the most recent 2 months, then 3 NSF occurrences are allowed, there are 4 NSF's total. Lender exception provided in loan file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Borrower has verified disposable income of at least [Redact].

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

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 13.53 months reserves exceeds min required of 3 months SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-06-13): Client elected to waive the condition with the following Comp Factors: 13.53 months reserves exceeds min required of 3 months, 0X30 on all mortgages since 2009
     06/13/2024 2 C B C B C B C B C B   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 30672312     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 31163760     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report was missing in file.       Reviewer Comment (2024-07-23): Received fraud report. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) See [Redact] report
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 31163770     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud report was missing in file.       Reviewer Comment (2024-07-23): Received fraud report. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) See [Redact] report
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 31163785     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/18/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 31165863     Credit Guideline Guideline Issue Guideline Borrower does not have the minimum open tradelines per guidelines.   Borrower only has two tradelines, of which one is the current mortgage wit multiple lates..Lender exception approval in loan file. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

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

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 DTI 5 where the maximum is 45

LTV 46 where the maximum is 85

Liquid Assets reserves: [Redact] 219 months reserves where 12 months is required (18x)		 Originator Pre-Close,SitusAMC,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-07-18): Client elect to waive with the following Compensating Factors:
Liquid Assets reserves: [Redact] 219 months reserves where 12 months is required (18x)
 DTI 5 where the maximum is 45
 LTV 46 where the maximum is 85
     07/18/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221412736 [Redact] [Redact] [Redact] 31168203     Credit Credit Miscellaneous Guideline Credit Exception:   There is a variation of the borrower's last name within the documents in file.  The pay stubs and W2's in file verified the borrower's name as [Redact], but all other docs in file verified the name as [Redact].  Additional documentation is required to confirm the borrower's correct last name, i.e. tax returns, transcripts, etc....       Reviewer Comment (2024-07-22): Identification report provided and appears the name on the income documentation was a prior name used by the borrower and the name on the closing docs is correct.


Seller Comment (2024-07-19): (Rate Lock) See attached [Redact] Identity Report.
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221414544 [Redact] [Redact] [Redact] 30677330     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-12): Note tracking #[Redact].
 07/16/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221414544 [Redact] [Redact] [Redact] 31073016     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact]. Provide updated policy reflecting minimum coverage of [Redact] OR
 provide copy of insurer's replacement cost estimate supporting current coverage amount.		       Reviewer Comment (2024-07-12): Policy contains replacement cost coverage. Exception Cleared.


Seller Comment (2024-07-11): Please review and waive condition. Uploaded hazard insurance on Doc ID D0131 has sufficient coverage. Thank you!
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221414544 [Redact] [Redact] [Redact] 31077656     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2024-07-16): Received fraud report. Exception Cleared.


Seller Comment (2024-07-16): updated drive report


Reviewer Comment (2024-07-15): Provided fraud report for nonborrower. Required fraud report for borrower. Exception Remains.


Seller Comment (2024-07-12): DV report
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221414544 [Redact] [Redact] [Redact] 31077664     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2024-07-16): Received fraud report. Exception Cleared.


Seller Comment (2024-07-16): updated drive report


Reviewer Comment (2024-07-15): Provided fraud report for nonborrower. Required fraud report for borrower. Exception Remains.


Seller Comment (2024-07-12): DV report
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221414546 [Redact] [Redact] [Redact] 30677362     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-01): (Rate Lock) [Redact] Tracking number [Redact]  Note Delivered [Redact]
Thank you


Seller Comment (2024-07-01): (Rate Lock) See attached [Redact] Tracking number [Redact]
Thank you
 07/09/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221414546 [Redact] [Redact] [Redact] 30978070     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/27/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221414546 [Redact] [Redact] [Redact] 31064852     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   The Lifetime Cap does not agree with Schedule SCH: MISSING               :NOTE: [Redact]       Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian
 07/09/2024     1   A   A   A   A   A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221414619 [Redact] [Redact] [Redact] 30677700     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-28): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 07/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221414619 [Redact] [Redact] [Redact] 30939692     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by
[Redact].
Provide updated policy reflecting minimum coverage of
[Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount		       Reviewer Comment (2024-07-01): Received RCE. Exception Cleared.


Seller Comment (2024-06-28): RCE
 07/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221414768 [Redact] [Redact] [Redact] 30678052     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221414768 [Redact] [Redact] [Redact] 31188244     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-25): Received CPL. Exception Cleared.


Seller Comment (2024-07-24): Please see attached CPL.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221414824 [Redact] [Redact] [Redact] 30678533     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-05): Waived on Rate Lock: Collateral cleared by Custodian
 07/05/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221414824 [Redact] [Redact] [Redact] 30991684     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             06/28/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221414824 [Redact] [Redact] [Redact] 30991686     Compliance 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 three (3) business days prior to closing. The file was missing a copy of the Initial Closing Disclosure.       Reviewer Comment (2024-07-03): [Redact] received [Redact] CD 3 business days prior to consummation.


Seller Comment (2024-07-02): Please see the attached Closing Disclosure and TRID worksheet


Seller Comment (2024-07-02): Please see the attached Closing Disclosure and TRID worksheet with proof that both borrowers were sent an Initial Closing Disclosure on [Redact] and the mailbox rule was applied. This meets the 3 business days before the closing date of [Redact].
 07/03/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
221414824 [Redact] [Redact] [Redact] 30991701     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected after [Redact], the declared end date.       Reviewer Comment (2024-07-10): Received PDI. Exception Cleared.


Seller Comment (2024-07-10): Please see attached.
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221414921 [Redact] [Redact] [Redact] 30679210     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221414921 [Redact] [Redact] [Redact] 31087014     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-12): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-11): guaranty
 07/12/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221415265 [Redact] [Redact] [Redact] 30683109     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221415430 [Redact] [Redact] [Redact] 30683783     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): Friday
[Redact] at 9:17 AM
Signed for by: [Redact]


Seller Comment (2024-07-10): tracking: [Redact]
 07/18/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   A A A A A A A A Non QM Non QM No
221416210 [Redact] [Redact] [Redact] 30685332     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-06-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-17): [Redact] tracking [Redact]
 06/19/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221416210 [Redact] [Redact] [Redact] 30780208     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             06/13/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221416210 [Redact] [Redact] [Redact] 30780209     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. RESPA Initial Escrow Account Disclosure Test       Reviewer Comment (2024-06-19): IEAD provided


Seller Comment (2024-06-17): IEAD
 06/19/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221416232 [Redact] [Redact] [Redact] 30685529     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221416232 [Redact] [Redact] [Redact] 31158255     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of ___ is greater than Guideline maximum loan amount of ___. Note loan amount of [Redact] is greater than Guideline maximum loan amount of [Redact].  There is a lender exception approval form approving the increased loan amount based on comp factors. The representative FICO score exceeds the guideline minimum by at least 40 points.

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

Borrower has verified disposable income of at least [Redact].

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

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

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 **Credit score 766 is 86 points above program minimum (680)

**LTV 80 is 10 below program maximum (90)

**DTI 31.97 (maximum 45; no residual income calculation information provided).		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-07-17): Client elected to waive the condition with the following Compensating Factors:
**Credit score 766 is 86 points above program minimum (680)
**LTV 80 is 10 below program maximum (90)
**DTI 31.97 (maximum 45; no residual income calculation information provided).
     07/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221416232 [Redact] [Redact] [Redact] 31158694     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221416232 [Redact] [Redact] [Redact] 31158695     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/17/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B B A A Non QM Non QM No
221417384 [Redact] [Redact] [Redact] 30686420     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-01): (Rate Lock) [Redact]
 08/02/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221417384 [Redact] [Redact] [Redact] 31246889     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-08-05): Received Fraud Report. Exception Cleared.
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221417384 [Redact] [Redact] [Redact] 31246890     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-08-05): Received Fraud Report. Exception Cleared.


Seller Comment (2024-08-02): Fraud Rpt
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221417409 [Redact] [Redact] [Redact] 30686791     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221417543 [Redact] [Redact]   30697044     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.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2024-06-12): Received supplemental report. Exception Cleared.


Seller Comment (2024-06-11): Title Supplement
 06/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221417543 [Redact] [Redact]   30697072     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. - File does not contain documentation form lender/seller confirming the condo is warrantable. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010

Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010		 SitusAMC,Aggregator

Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-06-07): Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010
     06/07/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221417543 [Redact] [Redact]   30709668     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines, Non warrantable Condos only eligible with Investor concentration up to 70%. Single owner/entity concentration up to 25%. Condo project has >70% Investor concentration and >25% Single owner/entity concentration. Lender exception provided in loan file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010

Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010		 SitusAMC,Aggregator

Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-06-07): Client elect to waive with compensating factors: 30.30 months reserves, LTV 65%, 0x30 since 2010
     06/07/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221419058 [Redact] [Redact] [Redact] 30690716     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-10): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221419058 [Redact] [Redact] [Redact] 31073891     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing E-Sign Consent Agreement       Reviewer Comment (2024-07-11): Received E-Sign Consent Agreement. Exception Cleared.


Seller Comment (2024-07-10): (Rate Lock) Econsent
 07/11/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221419058 [Redact] [Redact] [Redact] 31074488     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/09/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221419058 [Redact] [Redact] [Redact] 31074489     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/09/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221419058 [Redact] [Redact] [Redact] 31074895     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Not High Cost and Not Higher Priced The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). The initial and the final 1003 both state that the borrower will occupy the subject proprety as their primary residence. The approval indicates that this is a 2nd home.             07/09/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221419312 [Redact] [Redact] [Redact] 30691461     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221419312 [Redact] [Redact] [Redact] 31066872     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing E-Sign Consent Agreement       Reviewer Comment (2024-07-12): Received E-Sign Consent Agreement. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) See attached, e-Sign Agreement.
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221419312 [Redact] [Redact] [Redact] 31067245     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. ECOA Receipt of Appraisal after Waiver.             07/08/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221419312 [Redact] [Redact] [Redact] 31067248     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-17): Received replacement cost estimate. Exception Cleared.


Seller Comment (2024-07-16): (Rate Lock) See attached replacement cost estimator.
 07/17/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 30691569     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31168106     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-07-24): Fraud report received; exception cleared.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31168118     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-07-24): Fraud report received; exception cleared.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31172373     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Please provide proof of the new mortgage payment, via final CD or mortgage statement.       Reviewer Comment (2024-07-23): Received CD. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) See attached documentation confirming PITIA payment for the property at [Redact].
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31172381     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Please provide proof of the new mortgage payment, via final CD or mortgage statement.       Reviewer Comment (2024-07-23): Received CD. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) See attached documentation, including CD, confirming the new mortgage payment for the property located at [Redact].
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31172382     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Please provide proof of the new mortgage payment, via final CD or mortgage statement.       Reviewer Comment (2024-07-23): Received CD. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) See attached documentation, including CD, confirming new mortgage payment for the property at [Redact].
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419334 [Redact] [Redact] [Redact] 31172499     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-07-25): Received blanket policy, exception cleared.


Seller Comment (2024-07-24): (Rate Lock) Master Policy and HOI Policy have been provided. The building is covered by the master, and we have HO6 which has enough coverage.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 30691622     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31166453     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file is missing a copy of the Fraud report.       Reviewer Comment (2024-07-24): Fraud report received.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31166482     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file is missing a copy of the Fraud report.       Reviewer Comment (2024-07-24): Fraud report received.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31166554     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-25): Received master policy. Exception Cleared.


Seller Comment (2024-07-24): (Rate Lock) Master Policy and HOI Policy have been provided. The building is covered by the master, and we have HO6 which has enough coverage.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31169729     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the CD or other documentation to verify the PITIA for the recently refinanced REO.       Reviewer Comment (2024-07-22): Received CD and HOA document. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) See attached copy of CD and additional documentation verifying PITIA for the property at [Redact]. From the recent refinance transaction.
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31169730     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the CD or other documentation to verify the PITIA for the recently refinanced REO.       Reviewer Comment (2024-07-22): Received CD and HOA document. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) See attached copy of CD and additional documentation verifying PITIA for the property at [Redact].from the recent refinance transaction.
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419337 [Redact] [Redact] [Redact] 31169732     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the CD or other documentation to verify the PITIA for the recently refinanced REO.       Reviewer Comment (2024-07-22): Received CD and HOA document. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock)  See attached copy of CD and additional documentation verifying PITIA for the property at [Redact].from the recent refinance transaction.
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419340 [Redact] [Redact] [Redact] 30691630     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221419340 [Redact] [Redact] [Redact] 31128220     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   File was missing a copy of tax certificate.       Reviewer Comment (2024-07-18): Received tax certificate. Exception Cleared.


Seller Comment (2024-07-18): Please see attached tax bill
 07/18/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221419350 [Redact] [Redact] [Redact] 30691709     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419350 [Redact] [Redact] [Redact] 31212987     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report Not provided       Reviewer Comment (2024-07-31): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-30): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419350 [Redact] [Redact] [Redact] 31213151     Credit Credit Credit Documentation Credit No evidence of fraud report in file - No evidence of fraud report in file.       Reviewer Comment (2024-07-31): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-30): (Rate Lock) [Redact] - [Redact] Report has been provided.
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419350 [Redact] [Redact] [Redact] 31213230     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact].  Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-08-01): Blanket Coverage policy. Exception Cleared.


Seller Comment (2024-07-31): (Rate Lock) [Redact] - Master Policy and HOI Policy HO6 have been provided.
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 30691770     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 31160804     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the fraud report.       Reviewer Comment (2024-07-25): Received fraud report. Exception Cleared.


Seller Comment (2024-07-24): (Rate Lock) [Redact] - [Redact] Report has been provided.


Seller Comment (2024-07-24): (Rate Lock)  [Redact] Report has been provided.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 31160868     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the fraud report.       Reviewer Comment (2024-07-25): Received fraud report. Exception Cleared.


Seller Comment (2024-07-24): (Rate Lock)  [Redact] Report has been provided.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 31160984     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing Statement for REO property.       Reviewer Comment (2024-07-22): Received CD. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) See attached CD and other documentation verifying PITIA on the recently refinanced transaction for the property at [Redact].
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 31168413     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - The file is missing an additional months statement for the account used to qualify. Per the guidelines, two months consecutive statements are required.  The only statement in file has an end date of [Redact].       Reviewer Comment (2024-07-23): Additional months statement provided


Seller Comment (2024-07-22): (Rate Lock)  Funds from [Redact] account #[Redact] directly considered as reserves in the subject transaction. As borrower had multiple transactions in process, the UW had reviewed two consecutive months bank statements of the [Redact] #[Redact]count but was not concerned that the additional month statement was uploaded to subject file since the funds from this account were not being considered. See attached bank statement for [Redact] account ending in #[Redact] period ending [Redact] that was retrieved from one of the concurrent transaction loan files.
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419356 [Redact] [Redact] [Redact] 31168434     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation from the seller confirming the condo is warrantable.  Note: the HOA questionnaire in file from the HOA is not acceptable.       Reviewer Comment (2024-07-23): Project approval provided


Seller Comment (2024-07-22): (Rate Lock) See attached printout confirming Fannie Mae approval of condo project.
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A Exempt from ATR Exempt from ATR No
221419639 [Redact] [Redact] [Redact] 30692484     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221419639 [Redact] [Redact] [Redact] 31119744     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-17): Guarantor Agreement provided


Seller Comment (2024-07-17): guarantor
 07/17/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221420812 [Redact] [Redact] [Redact] 30693316     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221420817 [Redact] [Redact]   30712824     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   Effective date is after the closing date of [Redact]       Reviewer Comment (2024-06-11): A copy of the current policy in effect at closing was provided


Seller Comment (2024-06-11): Previous policy


Seller Comment (2024-06-11): Final Settlement Stmt - disbursement date is [Redact]
 06/11/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221420817 [Redact] [Redact]   30747460     Credit Credit Miscellaneous Guideline Credit Exception:   The lender calculated the DSCR using the higher Lease Agreement amount.  The comparable rent verified by the appraiser was > 20% less than the lease amount.  Lender exception approval in file. Miscellaneous

The representative FICO score exceeds the guideline minimum by at least 40 points.		 6.82 reserves exceeds min required of 3 months Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-06-11): Client elected to waive the condition with the following compensating factors: 6.82 reserves exceeds min required of 3 months, Prior mortgage [Redact] and new rate [Redact] rate/term refi.
     06/11/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221421136 [Redact] [Redact] [Redact] 30696928     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-16): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/19/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221421425 [Redact] [Redact] [Redact] 30698554     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051284     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             07/05/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051285     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2024-08-02): Received appraisal delivery. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) [Redact] Appraisal Tracking verifying borrower provided Appraisal prior to [Redact]


Reviewer Comment (2024-07-11): Proof of the borrowers receipt of the appraisal on [Redact] is less than three days prior to consummation.  Provide documentation verifying the borrowers receipt of the appraisal on or prior to [Redact].  Condition remains


Seller Comment (2024-07-10): (Rate Lock) Predatory testing document attached indicates no HPML violation also attached is Loan Summary shows borrower received Appraisal Report.
 08/02/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051286     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2024-08-02): Received appraisal delivery. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) [Redact] Appraisal Tracking verifying borrower provided Appraisal prior to [Redact]


Reviewer Comment (2024-07-11): Cleared in error.  Proof of the borrowers receipt of the appraisal on [Redact] is less than three days prior to consummation.  Provide documentation verifying the borrowers receipt of the appraisal on or prior to [Redact].  Condition remains


Reviewer Comment (2024-07-11): Received Disclosure Summary. Exception Cleared.


Seller Comment (2024-07-10): (Rate Lock) Loan Summary also shows when Appraisal was sent and received by the borrower Sent on [Redact] and received on [Redact]
 08/02/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051288     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available.       Reviewer Comment (2024-07-12): [Redact] received LOA.


Seller Comment (2024-07-12): (Rate Lock) Letter of Explanation for CD's not disclosed to borrower


Reviewer Comment (2024-07-12): Doc ID 42, 47 and 162 contains incomplete CD's. If the CDs were not provided to the borrower, Please provide Letter of Attestation indicating the document ID's 42, 47 and 162 were never provided to the borrower and [Redact] will review for re-testing.


Reviewer Comment (2024-07-11): EXCEPTION HISTORY - Exception Detail was updated on [Redact] PRIOR Exception Detail: TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/[Redact])


Seller Comment (2024-07-11): (Rate Lock) Please provide the Doc IDs of the CDs you are referring to


Reviewer Comment (2024-07-10): There is an incomplete CDs in file with no issue date and blank or zeros for APR, Finance Charge, and TOP on page 5 Loan Calculations table.  In order to exclude this CD from testing, we will need an attestation from lender identifying these CDs and confirming they were not provided to the consumer.


Seller Comment (2024-07-10): (Rate Lock) Loan Summary verifies Loan Estimate dated [Redact] received by the borrower 4 days prior to closing
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
221421425 [Redact] [Redact] [Redact] 31051289     Compliance 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 three (3) business days prior to closing. Closing Disclosure estimated to be provided on [Redact] did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available.       Reviewer Comment (2024-07-10): Edelivery tracking provided


Seller Comment (2024-07-10): (Rate Lock) Loan Summary shows Borrower received CD dated [Redact] 3 days prior to closing date.
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051290     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation       Reviewer Comment (2024-07-12): [Redact] received LOA.


Seller Comment (2024-07-12): (Rate Lock) Letter of Explanation for CD's not disclosed to borrower


Reviewer Comment (2024-07-12): Doc ID 42, 47 and 162 contains incomplete CD's. If the CDs were not provided to the borrower, Please provide Letter of Attestation indicating the document ID's 42, 47 and 162 were never provided to the borrower and [Redact] will review for re-testing.


Reviewer Comment (2024-07-11): EXCEPTION HISTORY - Exception Detail was updated on [Redact] PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [Redact] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation


Seller Comment (2024-07-11): (Rate Lock) Please provide the Doc IDs of the CDs you are referring to


Reviewer Comment (2024-07-10): There is an incomplete CDs in file with no issue date and blank or zeros for APR, Finance Charge, and TOP on page 5 Loan Calculations table.  In order to exclude this CD from testing, we will need an attestation from lender identifying these CDs and confirming they were not provided to the consumer.


Seller Comment (2024-07-10): (Rate Lock) Loan Summary shows Borrower received CD dated [Redact] 3 days prior to closing date.
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase TRID timing exception, no remediation available. C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051291     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [Redact] not received by borrower at least four (4) business days prior to closing. Revised Loan Estimate provided on [Redact] not received by borrower at least four (4) business days prior to closing.       Reviewer Comment (2024-07-12): [Redact] received proof of receipt.


Seller Comment (2024-07-11): (Rate Lock) Please provide the Doc IDs of the CDs you are referring to


Reviewer Comment (2024-07-10): There is an incomplete CDs in file with no issue date and blank or zeros for APR, Finance Charge, and TOP on page 5 Loan Calculations table.  In order to exclude this CD from testing, we will need an attestation from lender identifying these CDs and confirming they were not provided to the consumer.


Seller Comment (2024-07-10): (Rate Lock) Loan Summary shows Borrower received CD dated [Redact] 3 days prior to closing date.
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
221421425 [Redact] [Redact] [Redact] 31051293     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2024-07-05): Sufficient Cure Provided At Closing
   07/05/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
221422292 [Redact] [Redact] [Redact] 30699244     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Note Tracking: [Redact] (Delivered [Redact]).
 07/10/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221422292 [Redact] [Redact] [Redact] 31030608     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Verification of appraisal was delivered to borrower was not provided             07/02/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221422294 [Redact] [Redact] [Redact] 30699253     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-02): Note Trk-[Redact] #[Redact], delivered [Redact].
 07/08/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221422294 [Redact] [Redact] [Redact] 31012377     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-01): Sufficient Cure Provided At Closing
   07/01/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221422302 [Redact] [Redact] [Redact] 30699277     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221422388 [Redact] [Redact] [Redact] 30699709     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-14): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/15/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221422388 [Redact] [Redact] [Redact] 31348882     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of the Business Purpose Certificate.       Reviewer Comment (2024-08-14): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-08-13): business purpose
 08/14/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221422394 [Redact] [Redact] [Redact] 30699719     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): tracking [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221422394 [Redact] [Redact] [Redact] 31049575     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-07-05): Client elected to waive the condition on the Non-QM 1st lien
     07/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Exempt from ATR Exempt from ATR Yes
221422455 [Redact] [Redact] [Redact] 30700034     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/09/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221422455 [Redact] [Redact] [Redact] 31032515     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/02/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221422455 [Redact] [Redact] [Redact] 31032518     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Valid COC is not available for Appraisal Desk Review Fee       Reviewer Comment (2024-07-15): [Redact] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2024-07-12): (Rate Lock) Copy of the check and [Redact] tracking to borrower


Reviewer Comment (2024-07-11): [Redact] received Post CD and LOX. However,we would also require proof of mailing and also copy of refund check in order to cure the exception.


Seller Comment (2024-07-10): (Rate Lock) Copy of check will be uploaded once available


Reviewer Comment (2024-07-09): [Redact] received Changed Circumstance dated [Redact],  but it does not give sufficient information on why the Appraisal desk review fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs.


Seller Comment (2024-07-08): (Rate Lock) CD and COC for [Redact] appraisal review fee
   07/15/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221422455 [Redact] [Redact] [Redact] 31032519     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Valid COC is not available for Appraisal Fee.       Reviewer Comment (2024-07-15): [Redact] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2024-07-12): (Rate Lock) Copy of the check and [Redact] tracking to borrower


Reviewer Comment (2024-07-11): [Redact] received Post CD and LOX. However,we would also require proof of mailing and also copy of refund check in order to cure the exception.


Seller Comment (2024-07-10): (Rate Lock) Copy of check will be uploaded once available


Reviewer Comment (2024-07-09): [Redact] received Changed Circumstance dated [Redact],  but it does not give sufficient information on why the Appraisal fee was increase. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs.


Seller Comment (2024-07-08): (Rate Lock) LE with COC increasing appraisal to [Redact]
   07/15/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221423291 [Redact] [Redact] [Redact] 30701333     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian
 07/25/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423291 [Redact] [Redact] [Redact] 31192093     Credit Loan Package Documentation Closing / Title Collateral Security Instrument is not signed by borrower(s).   The file was missing a copy of the signed security instrument.       Reviewer Comment (2024-07-29): Received Signed Security Instrument. Exception Cleared.
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423291 [Redact] [Redact] [Redact] 31192095     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2024-07-29): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-26): (Rate Lock) [Redact] Report has been provided.
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423291 [Redact] [Redact] [Redact] 31192096     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the fraud report.       Reviewer Comment (2024-07-29): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-26): (Rate Lock) [Redact] Report has been provided.
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423291 [Redact] [Redact] [Redact] 31192098     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   The file was missing a copy of the signed rider.       Reviewer Comment (2024-07-29): Received Rider - 1-4 Family. Exception Cleared.


Seller Comment (2024-07-26): (Rate Lock) Mortgage-Rider 1-4 Family Rider signed has been provided.
 07/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423291 [Redact] [Redact] [Redact] 31192099     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
221423355 [Redact] [Redact] [Redact] 30701610     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221423355 [Redact] [Redact] [Redact] 31082077     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Calculated Debt Service Coverage Ratio of 1.10 does not meet Guideline Debt Service Coverage Ratio 1.15. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has owned the subject property for at least 5 years.

Seasoned Borrower/Investor whose experience exceeds 10 completed projects.		 FICO 769 where 700 is the minimum Aggregator,SitusAMC,Originator Pre-Close

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-10): Client elects to waive with the following Compensating Factors:
Equity in other REO is [Redact].
FICO 769 where 700 is the minimum
Mortgage payment history across 44 mortgage from 1998 all paid as agreed.
     07/10/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221423363 [Redact] [Redact] [Redact] 30701698     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Note Tracking: [Redact] (Delivered [Redact]).
 07/10/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B B B B B A A Non QM Non QM No
221423363 [Redact] [Redact] [Redact] 31032490     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.             07/02/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B B B B B A A Non QM Non QM No
221423363 [Redact] [Redact] [Redact] 31032946     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/02/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B B B B B A A Non QM Non QM No
221424317 [Redact] [Redact] [Redact] 30707728     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221424317 [Redact] [Redact] [Redact] 31097371     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-16): [Redact] received detailed comment with supporting rate lock confirmation for the fee was increased.


Seller Comment (2024-07-12): [Redact]: Please see the attached Rate Lock Request forms and corresponding disclosures. On [Redact] the loan was loan amount, FICO, and DTI changed affecting the LLPA, negative pricing of [Redact] was disclosed on the [Redact] Closing Disclosure. On [Redact] the lock was extended, negative pricing of [Redact] was disclosed on the [Redact] Closing Disclosure.
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221424317 [Redact] [Redact] [Redact] 31097372     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. The Appraisal Fee was disclosed to the borrower on the LE as [Redact],however the final CDshows the appraisal fee as [Redact]. The lender provided a credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-07-16): [Redact]: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-07-12): [Redact]: Please see the attached final Closing Disclosure reflecting a tolerance credit of [Redact] for the Appraisal fee
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
221424317 [Redact] [Redact] [Redact] 31098280     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Please provide a copy of the tax certificate used to calculate the annual taxes,the tax certificate provided was for land only.       Reviewer Comment (2024-07-17): Received Tax Cert. Exception Cleared.


Seller Comment (2024-07-16): [Redact] Please see attached
 07/17/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221424317 [Redact] [Redact] [Redact] 31098403     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             07/11/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221424317 [Redact] [Redact] [Redact] 31128243     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower.         Reviewer Comment (2024-07-16): Sufficient Cure Provided within 60 Days of Closing
   07/16/2024   1   A   A   A   A   A   [Redact] Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) C B C A C B A A Non QM Non QM Yes
221424987 [Redact] [Redact] [Redact] 30708909     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): (Rate Lock) [Redact]
 08/05/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221424987 [Redact] [Redact] [Redact] 31233247     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-07-30): Client elected to waive the condition on the Non-QM 1st lien
     07/30/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Non QM Non QM Yes
221425015 [Redact] [Redact] [Redact] 30709637     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221425038 [Redact] [Redact] [Redact] 30709718     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/18/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221425038 [Redact] [Redact] [Redact] 31103802     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/12/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221425043 [Redact] [Redact] [Redact] 30709885     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221425049 [Redact] [Redact] [Redact] 30709923     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221425184 [Redact] [Redact] [Redact] 30710126     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221425184 [Redact] [Redact] [Redact] 31179611     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Please provide a copy of the tax certificate that was used to calculate the DSCR.       Reviewer Comment (2024-07-23): Received Tax Certificate. Exception Cleared.


Seller Comment (2024-07-23): tax info
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221425184 [Redact] [Redact] [Redact] 31181763     Credit Guideline Guideline Issue Guideline The borrower is a Non-Permanent Resident Alien and did not meet guides.   Per the guidelines, non-permanent residents are not eligible.  Client exception approval in file. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 LTV of 58 where the minimum is 80 22 points

FICO of 741 where the minimum is 680 61 points		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-07-22): Client elected to waive the condition with the following Compensating Factors:
LTV of 58 where the minimum is 80 22 points
FICO of 741 where the minimum is 680 61 points
Other REO equity position is approximately [Redact]
     07/22/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221425184 [Redact] [Redact] [Redact] 31182613     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-24): Received CPL. Exception Cleared.


Seller Comment (2024-07-23): cpl
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221426669 [Redact] [Redact] [Redact] 30711255     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): to [Redact] via tracking [Redact]
 07/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221426669 [Redact] [Redact] [Redact] 31157320     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Rider - Prepayment not provided   Per the Note there is no Prepayment, however the Security Instrument shows that there is a "Fixed Prepayment Rider" Please provide a coy of this prepayment rider.       Reviewer Comment (2024-07-18): Received prepayment rider. Exception Cleared.


Seller Comment (2024-07-18): ppp
 07/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221426669 [Redact] [Redact] [Redact] 31157337     Compliance Note General Note Prepayment Penalty Discrepancy   Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum.       Reviewer Comment (2024-07-18): Received prepayment penalty addendum. Exception Cleared.


Seller Comment (2024-07-18): ppp
 07/18/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221426669 [Redact] [Redact] [Redact] 31169940     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-07-26): Client elected to waive the condition
     07/26/2024 2   B   B   B   B   B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A B B A A Exempt from ATR Exempt from ATR Yes
221435794 [Redact] [Redact] [Redact] 30717282     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-02): (Rate Lock) Tracking: [Redact]
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221436335 [Redact] [Redact] [Redact] 30717782     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): (Rate Lock) [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221436335 [Redact] [Redact] [Redact] 31102995     Compliance Compliance State Compliance Misc. State Level Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) [Redact] Consumer Credit Code: Borrower not provided First Lien Refinance Notice.         Reviewer Comment (2024-07-17): Disclosure provided


Seller Comment (2024-07-16): (Rate Lock) refinance disclosure
 07/17/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221436335 [Redact] [Redact] [Redact] 31107382     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/12/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221436381 [Redact] [Redact]   30770802     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-06-13): Initial and Final Grade B, accepted
     06/13/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A A C B A A Non QM Non QM Yes
221436381 [Redact] [Redact]   30770806     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-02): [Redact] Received PCCD, LOE, Refund Check and Proof of Mailing.


Seller Comment (2024-07-01): Refund Package


Reviewer Comment (2024-06-14): [Redact] received COC stating "Rush fee to close quickly" however we required the reason as to what caused that Rush to be required .Kindly provide detail reason with supporting documents for Rush to close quickly in order to clear the exception


Seller Comment (2024-06-13): LE and CiC detailing change
   07/02/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221442459 [Redact] [Redact] [Redact] 30736480     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): collateral was delivered [Redact] via [Redact] tracking [Redact]
 08/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221449063 [Redact] [Redact] [Redact] 30743789     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): DELIVERED
Friday
[Redact] at 9:17 AM
Signed for by: [Redact]


Seller Comment (2024-07-10): please clear


Seller Comment (2024-07-09): tracking; [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
221449063 [Redact] [Redact] [Redact] 31029991     Compliance 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 three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2024-07-10): [Redact] received consent for initial CD.


Seller Comment (2024-07-09): trid


Reviewer Comment (2024-07-08): [Redact] No new document received. Provide Evidence that all borrowers received the CD dated [Redact] 3 days prior to closing date.


Seller Comment (2024-07-05): tracking; [Redact]
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
221455838 [Redact] [Redact] [Redact] 30744386     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-28): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/08/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221455838 [Redact] [Redact] [Redact] 30976518     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             06/27/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221455838 [Redact] [Redact] [Redact] 30986328     Credit Guideline Guideline Issue Guideline Missing required Transcripts (1040) and/or W-2 Transcripts. - The file is missing the most recent two years IRS Tax Transcripts or W2 Transcripts (wage earners only), as required by the guidelines.       Reviewer Comment (2024-07-14): Received W-2 Transcript. Exception Cleared.


Seller Comment (2024-07-12): (Rate Lock) W2 Transcripts
 07/14/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221455838 [Redact] [Redact] [Redact] 30986329     Credit Guideline Guideline Issue Guideline Missing required Transcripts (1040) and/or W-2 Transcripts. - The file is missing the most recent two years IRS Tax Transcripts or W2 Transcripts (wage earners only), as required by the guidelines.       Reviewer Comment (2024-07-14): Received W-2 Transcript. Exception Cleared.


Seller Comment (2024-07-12): (Rate Lock) W2 Transcripts
 07/14/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221455838 [Redact] [Redact] [Redact] 30986331     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation from the seller confirming the condo is warrantable.  Note: the FNMA CPM in file stated FNMA has not reviewed the project.       Reviewer Comment (2024-07-01): Received project approval. Exception Cleared.


Seller Comment (2024-06-28): (Rate Lock) Condo Lender Warranty
 07/01/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 30744746     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053108     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-07-10): Received Fraud Report, Exception Cleared.


Seller Comment (2024-07-09): (Rate Lock) See [Redact] Report
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053200     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal was made subject to and 442 is not in images.       Reviewer Comment (2024-07-10): Appraisal completed AS-IS, 442 is not required. Exception Cleared.


Seller Comment (2024-07-09): (Rate Lock) A final inspection is not required. There were two appraisals completed on subject property. One appraisal was made 'as is'. The other appraisal was initially subject to, but was updated to being made 'as is'. See attached updated appraisal that was located in the file, completed by same appraiser who initially had completed appraisal subject to and later revised the appraisal to 'as is'. Both appraisals completed 'as is' so no final inspection is required.


Reviewer Comment (2024-07-09): Required 442/1004D for appraisal effective date [Redact]. Exception Remains.


Seller Comment (2024-07-08): (Rate Lock) A final inspection on form 1004D/442 was not required as the appraisal was made 'as is'. See attached copy of appraisal confirming the appraisal made 'as is'.
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053309     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-07-10): Received Fraud Report, Exception Cleared.


Seller Comment (2024-07-09): (Rate Lock) See [Redact] Report
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053489     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             07/05/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053490     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             07/05/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053491     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             07/05/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456721 [Redact] [Redact] [Redact] 31053673     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage insufficient by [Redact]. Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-22): Received RCE. Exception Cleared.


Seller Comment (2024-07-19): (Rate Lock) See attached, replacement cost estimator.
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B C A Non QM Non QM No
221456753 [Redact] [Redact] [Redact] 30744828     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): Note Trk-[Redact] #[Redact], orig delivered [Redact].
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221456753 [Redact] [Redact] [Redact] 31071791     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-07-18): Received CDA. Exception Cleared.


Seller Comment (2024-07-18): cda upld
 07/18/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221456753 [Redact] [Redact] [Redact] 31071871     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221456753 [Redact] [Redact] [Redact] 31072028     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Appraisal Review Fee was last disclosed as [Redact] on LE but disclosed as [Redact] on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-07-23): [Redact] received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2024-07-22): pccd [Redact] trk now available, pkg will be delivered to bwr today [Redact] #[Redact].


Reviewer Comment (2024-07-17): [Redact] received corrected PCCD, LOE, Copy of refund check and shipping label. However, [Redact] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to complete remediation.


Seller Comment (2024-07-15): pccd docs w/ cure upld
   07/23/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B A A C B D A Non QM Non QM Yes
221457992 [Redact] [Redact] [Redact] 30746056     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): tracking:[Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221457992 [Redact] [Redact] [Redact] 31157945     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Mortgagor Name(s) does not agree with Schedule SCH: [Redact]               :NOTE: [Redact]       Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): title is vested in the [Redact] not sure what is the issue? please let me know
 08/01/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A A A A     A A   N/A No
221458129 [Redact] [Redact] [Redact] 30746280     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-02): tracking: [Redact] DELIVERED
Thursday
[Redact] at 9:20 AM
Signed for by: [Redact]
 07/08/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221458129 [Redact] [Redact] [Redact] 30988917     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided             06/28/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221458500 [Redact] [Redact] [Redact] 30746674     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Note Tracking: [Redact] (Delivered [Redact]).
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221458500 [Redact] [Redact] [Redact] 31029115     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of the Business Purpose Certificate.       Reviewer Comment (2024-07-07): Received business purpose certificate. Exception Cleared.


Seller Comment (2024-07-03): Business Purpose
 07/07/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221459259 [Redact] [Redact] [Redact] 30747264     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-16): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221459259 [Redact] [Redact] [Redact] 31377076     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. -         Reviewer Comment (2024-08-21): Account not used to qualify. Exception Cleared.


Seller Comment (2024-08-20): [Redact] account #[Redact] used to qualify.
 08/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221459259 [Redact] [Redact] [Redact] 31387198     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   The file is missing two months statements to support the [Redact] account xx[Redact] used to qualify.       Reviewer Comment (2024-08-21): Received bank statement. Exception Cleared.


Seller Comment (2024-08-20): bank statements
 08/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221459259 [Redact] [Redact] [Redact] 31387199     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   The file is missing two months statements to support the [Redact] account xx[Redact] used to qualify.       Reviewer Comment (2024-08-21): Received bank statement. Asset requirement met. Exception Cleared.


Seller Comment (2024-08-20): bank statement
 08/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221464571 [Redact] [Redact] [Redact] 30757410     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian
 07/12/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B A A C B A A Non QM Non QM No
221464571 [Redact] [Redact] [Redact] 31073621     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification of appraisal was delivered to borrower was not provided             07/09/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B A A C B A A Non QM Non QM No
221464571 [Redact] [Redact] [Redact] 31073622     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower       Reviewer Comment (2024-07-18): [Redact] Received Valid COC along with supporting comments on exceptiion.


Seller Comment (2024-07-17): Your are looking at the signature date of the appraisal which is [Redact] the effective date of the appraisal is [Redact], we received the original appraisal subject to  on [Redact].


Reviewer Comment (2024-07-17): [Redact] agreed that the below comment and valid COC. However, provided appraisal in the loan file subject to completed on [Redact], but the Final inspection fee was added on [Redact] prior to appraisal completed. Hence, we also required additional information with supporting lender's knowledge of when they became aware of the fee or Cure is due to borrower.


Seller Comment (2024-07-15): Can this please be escalated for another review. Appraisals are completed subject to completion all the time. Most investors require a completion report on form 1004D prior to purchase. The fee was disclosed within TRID guidelines.


Reviewer Comment (2024-07-12): [Redact] received COC however, we would require additional information when the appraisal was received by the lender to when the new fee was disclosed to the borrower. Since the 1004D is not within three days of the appraisal report.


Seller Comment (2024-07-11): Appraisal was subject to completion. A final inspection was required.
 07/18/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221464571 [Redact] [Redact] [Redact] 31073623     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-12): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-07-11): see attached. This fee was cured on the final cd
 07/12/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221464571 [Redact] [Redact] [Redact] 31163115     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-18): Sufficient Cure Provided At Closing
   07/18/2024   1   A   A   A   A   A   [Redact] Second Home Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
221464588 [Redact] [Redact] [Redact] 30757540     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian
 07/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221464588 [Redact] [Redact] [Redact] 31188669     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.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2024-07-25): Received Title Commitment. Exception Cleared.


Seller Comment (2024-07-24): Please see attached.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221465440 [Redact] [Redact] [Redact] 30757629     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): Tracking
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221466179 [Redact] [Redact] [Redact] 30758071     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221466251 [Redact] [Redact] [Redact] 30758495     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221466795 [Redact] [Redact]   30759265     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of [Redact] is insufficient to cover the mortgage amount of [Redact]. Estimate Cost new is [Redact]. Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer.       Reviewer Comment (2024-05-29): Coverage equals loan amount as allowed per guides, revised HUD matches new PITI.


Buyer Comment (2024-05-29): Closing Instructions, Escrow Disclosures, FPL, and HUD-1


Reviewer Comment (2024-05-15): Received Updated Policy Covering the loan amount, however Premium amount Changed, require Updated First payment later, initial escrow disclosure and revised HUD-1. Exception Remains


Buyer Comment (2024-05-14): See attached


Reviewer Comment (2024-05-06): Provided Hazard Insurance is effective i.e. [Redact] after Note Date [Redact]. Disbursement per the HUD is [Redact].


Buyer Comment (2024-05-03): Hoi
 05/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
221466795 [Redact] [Redact]   30759266     Compliance Compliance State Compliance State Defect [Redact] Prepayment Penalty [Redact] Prepayment Penalty:  No prepayment penalties are permissible in the state of [Redact].         Reviewer Comment (2024-04-16): Bwr is a LLC. Cleared


Buyer Comment (2024-04-16): Please see attached rebuttal showing the [Redact] PPP rule applies to primary residences only.
 04/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
221466795 [Redact] [Redact]   30759267     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The preliminary title report in file disclosed [Redact] of title insurance coverage; however this is less than the loan amount of [Redact].  Provide a copy of the final title policy or a supplemental title report verifying title insurance of at least the loan amount.       Reviewer Comment (2024-05-08): Commitment provided.


Buyer Comment (2024-05-04): Title
 05/08/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
221466795 [Redact] [Redact]   30759268     Credit Credit Miscellaneous Guideline Credit Exception:   Missing executed business purpose.       Reviewer Comment (2024-04-22): Business purpose Certification received. Exception Cleared


Buyer Comment (2024-04-18): BPA
 04/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
221466897 [Redact] [Redact] [Redact] 30759424     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221466897 [Redact] [Redact] [Redact] 31081948     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-10): Sufficient Cure Provided At Closing
   07/10/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221466897 [Redact] [Redact] [Redact] 31081949     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-10): Sufficient Cure Provided At Closing
   07/10/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221466898 [Redact] [Redact] [Redact] 30759481     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221466898 [Redact] [Redact] [Redact] 31167737     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing Fraud Report.       Reviewer Comment (2024-07-23): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) [Redact] Report has been provided.
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221466898 [Redact] [Redact] [Redact] 31167791     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing Fraud Report.       Reviewer Comment (2024-07-23): Received Fraud Report. Exception Cleared.


Seller Comment (2024-07-22): (Rate Lock) [Redact] Report has been provided.
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221466898 [Redact] [Redact] [Redact] 31168147     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. ECOA Receipt of Appraisal after Waiver             07/18/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221467314 [Redact] [Redact] [Redact] 30760223     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221467314 [Redact] [Redact] [Redact] 31185338     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-25): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-24): business purpose
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221467314 [Redact] [Redact] [Redact] 31185341     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-25): Received CPL. Exception Cleared.


Seller Comment (2024-07-24): cpl
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221467314 [Redact] [Redact] [Redact] 31185355     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property is located in a FEMA Disaster area and has not been inspected. Please provide inspection report dated after disaster end date [Redact].       Reviewer Comment (2024-08-15): Received PDI. Exception Cleared.


Seller Comment (2024-08-14): disaster inspection


Reviewer Comment (2024-08-05): Appraisal effective date [Redact] and disaster end date [Redact]. Required PDI to clear this condition. Exception Remains.


Seller Comment (2024-08-05): this loan didn't close until [Redact], and the disaster was declared on [Redact]. This was in processing during that, and we have an appraisal on file after the date of the incident.


Reviewer Comment (2024-07-25): Required post disaster inspection report with images to verify no damage found. Exception Remains.


Seller Comment (2024-07-24): disaster
 08/15/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221467335 [Redact] [Redact] [Redact] 30760263     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
221467335 [Redact] [Redact] [Redact] 31192401     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-26): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-25): Please see attached business purpose cert.
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221467335 [Redact] [Redact] [Redact] 31192402     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-26): Received CPL. Exception Cleared.


Seller Comment (2024-07-25): Please see attached closing protection letter.
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221467335 [Redact] [Redact] [Redact] 31192407     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax certificate is missing from file.  Lender to provide tax certificate supporting value used to qualify.       Reviewer Comment (2024-07-26): Received Tax Certificate. Exception Cleared.


Seller Comment (2024-07-25): Please see attached tax cert.
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221467335 [Redact] [Redact] [Redact] 31192428     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   The qualifying DSCR on the loan is greater than the guideline minimum.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 DSCR is 1.14 where 1.0 is required

FICO 802 where 680 is required (122 points)		 SitusAMC,Aggregator

SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-08-13): Client elected to waive the condition with the following compensating factors:
1) DSCR is 1.14 where 1.0 is required, 2) FICO 802 where 680 is required (122 points) , 3) Other REO of approximate equity of [Redact] 4) trade history dates to 2006, mortgage history dates to 2007. All credit paid as agreed.


Reviewer Comment (2024-08-08): Condition is valid.  Cannot use the stated amount as this is not confirmation of the PITIA to be able to calculate the additional reserve requirements.  Condition remains open


Seller Comment (2024-08-07): Response from UW Management: Disagree with additional finding - this is a [Redact] DSCR loan - documenting retained REO expenses is not required as we utilize the stated amount on the 1003 for all REO expenses.   The 1003 confirms the expenses so nothing further is needed.


Reviewer Comment (2024-08-01): The file is missing documentation to verify the PITIA for the primary to re-calculate the reserve requirement.  Unable to determine if taxes and insurance are included in the payment disclosed on the credit report and 1003.


Seller Comment (2024-07-31): Please escalate if needed.

UW response: Disagree - please escalate this to the auditor's manager and refer them to the product summary reserve requirements. The required reserves are 6 months of the subject property PITIA + 2 months for the financed property PITIA, not 8 months of the subject property PITIA. Attached the final CD showing the cash from borrower as [Redact]. The required reserves are (6 months * [Redact]) + (2 months * [Redact]) = [Redact]. Actual reserves are [Redact] assets less [Redact] cash to close = [Redact].


Reviewer Comment (2024-07-29): Required 8 months reserve subject (6)+financed property(2). Cash from borrower required [Redact] hence remaining for reserve [Redact]. Exception Remains.


Seller Comment (2024-07-29): Response from UW management:Disagree - required reserves are 6 months for the subject property plus 2 months for each financed property, not 8 months. The required reserves are (6 months * [Redact]) + (2 months * [Redact]) = [Redact]. Actual reserves are [Redact] assets less [Redact] cash to close = [Redact].
     08/13/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221468768 [Redact] [Redact] [Redact] 30768187     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221469690 [Redact] [Redact]   30769530     Compliance Compliance State Compliance State Defect [Redact] Prepayment Penalty Small Loan [Redact] Prepayment Penalty: A prepayment penalty is not permissible on a first lien loan less than [Redact].  Prepay language states prepay will not exceed maximum permitted by applicable law.         Reviewer Comment (2024-05-16): Updated Note provided.


Buyer Comment (2024-05-14): Corrected Note
 05/16/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
221469690 [Redact] [Redact]   30769532     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. Disclosure was provided at closing.       Buyer Comment (2024-04-22): Lender acknowledged non material
     04/22/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
221469694 [Redact] [Redact]   30769542     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. The file was missing evidence the Right to Receive Copy of Appraisal Disclosure was provided to borrower within 3 days of initial application. Per the LOE provided the Post Closer acknowledged the ECOA disclosure but stated it was unfortunately not included in the initial disclosures sent to the Borrower to sign.       Buyer Comment (2024-04-23): Lender acknowledged non material EV2
     04/23/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A   N/A No
221469698 [Redact] [Redact]   30769548     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-05-13): Guarantor agreement provided.


Buyer Comment (2024-05-13): Guarantor Agreement
 05/13/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B A A A A   N/A No
221469698 [Redact] [Redact]   30769550     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact]. Coverage must be at least the lessor of the Cost new from the appraisal or the loan amount.  Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-05-15): Both buildings Coverage received. Exception cleared.


Buyer Comment (2024-05-13): comment from lender: I am attaching the current dec page. The property at [Redact] has two buildings, each with [Redact], totaling [Redact]. Will that be sufficient?
 05/15/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D B D B A A A A   N/A No
221469698 [Redact] [Redact]   30769551     Credit Credit Miscellaneous Guideline Credit Exception:   An exception was approved for a BPO for [Redact] 5-8 Unit Property (instead of Commercial Evaluation Product reference in Policy). BPO is within 10% of appraised value. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC		 Reviewer Comment (2024-04-22): Lender exception provided.
     04/22/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B A A A A   N/A No
221469700 [Redact] [Redact]   30769556     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Buyer Comment (2024-04-25): Lender acknowledged non material EV2
     04/25/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469700 [Redact] [Redact]   30769557     Credit Credit Miscellaneous Credit A copy of Asset Verification Report is not on file.   Final CD reflects hazard aggregate premium of [Redact] with escrow amount of [Redact]; however, documented premiums are [Redact] or [Redact].       Reviewer Comment (2024-05-29): Updated First payment letter and Escrow disclosure received. Exception cleared


Buyer Comment (2024-05-24): See attached


Reviewer Comment (2024-05-22): Received Post closing settlement statement, still require updated First payment letter and Escrow disclosure with correction in amount. Exception remains


Buyer Comment (2024-05-20): settlement statement


Reviewer Comment (2024-05-15): Updated PCCD that matches all premiums documented in file that matches first payment letter.


Buyer Comment (2024-05-14): comment from lender: would an updated escrow analysis suffice?


Reviewer Comment (2024-04-30): using only HOI premium Still total Insurance Premium amount noted [Redact] ([Redact] + [Redact]P) where as Initial escrow listed premium of [Redact]. Exception remains


Buyer Comment (2024-04-26): premiums
 05/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469705 [Redact] [Redact]   30769574     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. The file was missing evidence the Right to Receive Appraisal Disclosure provided to borrower within 3 days of initial application.       Buyer Comment (2024-04-25): Lender acknowledged non material EV2
     04/25/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469705 [Redact] [Redact]   30769575     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.   The Title Commitment or Preliminary title policy amount is blank in the Title Commitment document.       Reviewer Comment (2024-05-06): Received and associated Title Commitment for the subject property reflecting adequate coverage. Exception cleared.


Buyer Comment (2024-05-02): Title
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469705 [Redact] [Redact]   30769577     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of good standing for the Borrower "[Redact]" is missing.       Reviewer Comment (2024-04-29): Certificate of Good standing received for newly Formed business ""[Redact]" exception cleared


Buyer Comment (2024-04-25): COGS
 04/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469706 [Redact] [Redact]   30769579     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing       Reviewer Comment (2024-04-29): Patriot Act Disclosure received for Guarantor [Redact]. Exception Cleared


Buyer Comment (2024-04-25): Patriot
 04/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469706 [Redact] [Redact]   30769580     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. The property was inspected [Redact], the Report was signed [Redact] and the Appraisal was provided to the borrower on [Redact].  Missing copy of Preliminary Report.       Reviewer Comment (2024-04-29): Original appraisal provided.


Buyer Comment (2024-04-25): Original Appraisal
 04/29/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469706 [Redact] [Redact]   30769581     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. Disclosure was provided at closing.       Buyer Comment (2024-04-25): Lender acknowledged non material EV2
     04/25/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221469713 [Redact] [Redact]   30769604     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2024-05-21): Appraisal provided.


Buyer Comment (2024-05-17): Original report
 05/21/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B A A A B A A A   N/A No
221469734 [Redact] [Redact] [Redact] 30769844     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-03): [Redact] [Redact] tracking
 07/08/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221469914 [Redact] [Redact] [Redact] 30770123     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): Note tracking #[Redact], and Mort and Title tracking #[Redact].
 07/19/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Non QM No
221471788 [Redact] [Redact] [Redact] 30770681     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): Note Tracking: [Redact]. Note Delivered today [Redact].
 07/26/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221471788 [Redact] [Redact] [Redact] 31186366     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Missing Document: Note - Subordinate Lien not provided   Missing HELOC Agreement verifying terms of simultaneous second mortgage from Symmetry Lending. Conditional Approval was provided.       Reviewer Comment (2024-07-26): Received HELOC Agreement. Exception Cleared.


Seller Comment (2024-07-25): HELOC Agreement
 07/26/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221495974 [Redact] [Redact] [Redact] 30771220     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-10): (Rate Lock) [Redact]
 07/16/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221495974 [Redact] [Redact] [Redact] 31110416     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Mortgagor Name(s) does not agree with Schedule SCH:[Redact]              ALL DOCS: [Redact]       Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian
 07/16/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221495992 [Redact] [Redact] [Redact] 30771309     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): (Rate Lock) [Redact]
 08/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221496801 [Redact] [Redact] [Redact] 30771435     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/18/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221496801 [Redact] [Redact] [Redact] 31110707     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing E-Sign Consent Agreement       Reviewer Comment (2024-07-16): Received E-Sign Consent. Exception Cleared.


Seller Comment (2024-07-16): (Rate Lock) Econsent
 07/16/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221496801 [Redact] [Redact] [Redact] 31111119     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/12/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221496933 [Redact] [Redact] [Redact] 30771783     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221496933 [Redact] [Redact] [Redact] 31083247     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). 3% Points and Fees Test. Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Reviewer Comment (2024-07-10): Client elected to waive the condition on the Non-QM 1st lien
     07/10/2024 2 B B B B B B B B B B   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A A C B A A Non QM Non QM Yes
221496933 [Redact] [Redact] [Redact] 31083251     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower       Reviewer Comment (2024-07-17): [Redact] received LOX for rebuttal response and COC dated [Redact].


Seller Comment (2024-07-16): UW condition, CD, and CofC


Seller Comment (2024-07-16): On 6/19 the UW received the appraisal and conditioned for the CDA a cofc was submitted and a closing disclosure went out to the borrower on the same day. Please see the attached UW condition, CD, and CofC.
 07/17/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
221497038 [Redact] [Redact] [Redact] 30772140     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221497038 [Redact] [Redact] [Redact] 31193194     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   The file is missing a copy of the Rider- Licensee information or affidavit, the rider provided isn't signed       Reviewer Comment (2024-07-25): Affidavit present in file. Exception Cleared.


Seller Comment (2024-07-25): This is from our recording office….

If the affidavit provides the licensee numbers then we don't need the signature.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221497038 [Redact] [Redact] [Redact] 31193200     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the closing protection letter.       Reviewer Comment (2024-07-25): Received CPL. Exception Cleared.


Seller Comment (2024-07-25): cpl
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221497038 [Redact] [Redact] [Redact] 31193207     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file is missing a copy of the Business purpose certificate.       Reviewer Comment (2024-07-25): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-25): Business Purpose
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221497038 [Redact] [Redact] [Redact] 31194840     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-25): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-07-25): guaranty
 07/25/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221497043 [Redact] [Redact] [Redact] 30772198     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): (Rate Lock) [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221497068 [Redact] [Redact] [Redact] 30772589     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): DELIVERED
Monday
[Redact] at 8:52 AM
Signed for by: [Redact]
TRACKING ID
[Redact]
 07/22/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221497068 [Redact] [Redact] [Redact] 31085379     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing documentation to verify the REO expenses       Reviewer Comment (2024-07-29): Received Tax Verification. Exception Cleared.


Seller Comment (2024-07-26): [Redact] Docs


Reviewer Comment (2024-07-18): Received docs for property "[Redact]". Required Tax cert & HOA Cert for property "[Redact]". Exception Remains.


Seller Comment (2024-07-17): [Redact] Property Docs
 07/29/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221497068 [Redact] [Redact] [Redact] 31091991     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qual Method differs from ATR, DTI not Understated Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5), but the method did not render a DTI that is less than that prescribed under ATR.               07/10/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221500258 [Redact] [Redact] [Redact] 30778820     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-30): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221500258 [Redact] [Redact] [Redact] 31211874     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file was missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-30): CPL provided


Seller Comment (2024-07-30): cpl
 07/30/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221500258 [Redact] [Redact] [Redact] 31211891     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of the Business Purpose Certificate.       Reviewer Comment (2024-07-30): Business purpose cert provided


Seller Comment (2024-07-30): business purpose
 07/30/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221500261 [Redact] [Redact] [Redact] 30778850     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-30): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221500261 [Redact] [Redact] [Redact] 31225259     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   The lease is missing from the file on a refinance transaction.  However, there is an approved lender exception form in file. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

The qualifying DSCR on the loan is greater than the guideline minimum.		 FICO 776 where the minimum is 720

LTV of 58 where the maximum is 75

DSCR 1.25 where the minimum is 1.0		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-07-29): Client elected to waive the condition with the following Compensating Factors:
FICO 776 where the minimum is 720
LTV of 58 where the maximum is 75
DSCR 1.25 where the minimum is 1.0
     07/29/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221500261 [Redact] [Redact] [Redact] 31227373     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-30): Received CPL. Exception Cleared.


Seller Comment (2024-07-30): Please see attached closing protection letter.
 07/30/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221500323 [Redact] [Redact] [Redact] 30778973     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): Collateral delivered on [Redact] via [Redact] tracking #[Redact]3.
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221500323 [Redact] [Redact] [Redact] 31192792     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-26): Received CPL. Exception Cleared.


Seller Comment (2024-07-25): Please see attached closing protection letter.
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221500324 [Redact] [Redact] [Redact] 30778986     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-31): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221500324 [Redact] [Redact] [Redact] 31211123     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Copy of Business Purpose Certificate is not available in file.       Reviewer Comment (2024-07-30): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-30): business purpose
 07/30/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221500324 [Redact] [Redact] [Redact] 31212369     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Please provide a copy of the closing statement for the cashout refi on [Redact].       Reviewer Comment (2024-08-05): Received Closing Statement. Exception Cleared.


Seller Comment (2024-08-02): Final settlement statement
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221500356 [Redact] [Redact] [Redact] 30779081     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-15): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221501195 [Redact] [Redact] [Redact] 30780007     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-09): (Rate Lock) [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221501827 [Redact] [Redact] [Redact] 30783821     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094617     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/11/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094618     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/11/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094619     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2024-07-24): Appraisal delivery received. Exception Cleared.
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094620     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2024-07-24): Appraisal delivery received. Exception Cleared.


Seller Comment (2024-07-23): Appraisal delivery in file indicates appraisal was delivered [Redact].


Seller Comment (2024-07-23): Appraisal Delivery
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094623     Compliance Compliance State Compliance State HPML (State HPML Provision) Massachusetts Higher-Priced Mortgage Loan (Loan Exceeds HPML Thresholds and failed One or More Federal HPML Provisions Making Loan a Non-Compliant MA HPML - Refer to Federal HPML Exceptions for more details) [Redact] Higher-Priced Mortgage Loan: Federal HPML Not Compliant. Refer to failed messages for Federal HPML for more details.         Reviewer Comment (2024-07-24): Appraisal delivery received. Exception Cleared.
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31094624     Compliance Compliance State Compliance State HPML [Redact] HPML Threshold Test Non-Compliant [Redact] Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact] Non-Compliant Higher Priced Loan.         Reviewer Comment (2024-07-24): Appraisal delivery received. Exception Cleared.


Seller Comment (2024-07-23): guidelines permit HPML and there is no HPML violation.
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other No obvious cure C B A A C B A A Non QM Non QM No
221501827 [Redact] [Redact] [Redact] 31191845     Compliance Compliance State Compliance State HPML [Redact] HPML Threshold Test Compliant [Redact] Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact] Compliant Higher Priced Loan.               07/24/2024 2   B   B   B   B   B   [Redact] Primary Refinance - Cash-out - Other No obvious cure C B A A C B A A Non QM Non QM No
221506545 [Redact] [Redact] [Redact] 30792790     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-19): The collateral was delivered [Redact] via [Redact] trk#[Redact]
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221506545 [Redact] [Redact] [Redact] 31166793     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Please provide a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-22): Received CPL. Exception Cleared.


Seller Comment (2024-07-19): CPL
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221506548 [Redact] [Redact] [Redact] 30792847     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-08): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 07/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221506776 [Redact] [Redact] [Redact] 30794101     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian
 07/25/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221506776 [Redact] [Redact] [Redact] 31192676     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-07-26): Received fraud report. Exception Cleared.


Seller Comment (2024-07-25): (Rate Lock) [Redact] Report has been provided.
 07/26/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221506776 [Redact] [Redact] [Redact] 31192729     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction. Exception has been raised for missing Fraud report.       Reviewer Comment (2024-07-26): Received fraud report. Exception Cleared.


Seller Comment (2024-07-25): (Rate Lock) [Redact] Report has been provided.
 07/26/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221506776 [Redact] [Redact] [Redact] 31192919     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.             07/24/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221506776 [Redact] [Redact] [Redact] 31192962     Credit Income / Employment Income Documentation Income / Employment Tax returns were used for income documentation and tax transcripts are missing .   Requesting exception for 3rd party 1040 transcripts. The borrower is not self employed, but receives RSU income Which requires tax returns. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Post close assets: [Redact] 18 months. This includes a [Redact] gift 6 months is required (3X) Originator Pre-Close,SitusAMC,Aggregator Reviewer Comment (2024-07-24): Client elect to waive the condition with the following Compensating Factors:
 FICO 729 where the minimum FICO is 680
Post close assets: [Redact] 18 months. This includes a [Redact] gift 6 months is required (3X)
Residual income [Redact]/mo where [Redact]/mo is required (10x)
     07/24/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221506776 [Redact] [Redact] [Redact] 31192971     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [Redact] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) TRID Final Closing Disclosure [Redact] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2.Please provide a copy off the seller's closing Disclosure.       Reviewer Comment (2024-07-29): [Redact] received Seller CD


Seller Comment (2024-07-26): (Rate Lock) Seller CD has been provided.
 07/29/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
221506776 [Redact] [Redact] [Redact] 31193265     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Sufficient or excess cure was provided to the borrower at Closing. The lender provided a lender credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-07-24): Sufficient Cure Provided At Closing
   07/24/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
221509341 [Redact] [Redact] [Redact] 30797832     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-10): (Rate Lock) [Redact] Tracking attached [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221509341 [Redact] [Redact] [Redact] 31075523     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether property taxes are included in escrow. Projected Payments: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether property taxes are included in escrow       Reviewer Comment (2024-07-18): [Redact] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2024-07-17): (Rate Lock) PCCD LOX to Borrower for Property Tax


Reviewer Comment (2024-07-15): [Redact] received proof of tax amount.  However, the issue relates to page 1 of the Final CD under Projected Payments - Estimated Taxes, Insurance & Assessments.  The Property Taxes were not checkmarked as being "In Escrow" and appears was disclosed as "Other".  An property tax type (City, School, County, etc) should be disclosed as "Property Taxes".  Corrected CD and LOE to borrower correcting.


Seller Comment (2024-07-11): (Rate Lock) See attached explanation for property tax calculation
   07/18/2024   2 C B C B C B C B C B   [Redact] Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
221509341 [Redact] [Redact] [Redact] 31080313     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   Per the guidelines, A Collateral Desktop Analysis report (CDA) from [Redact] is required for loans where only one appraisal is obtained, regardless of the CU score.       Reviewer Comment (2024-07-12): 2nd full appraisal provided


Seller Comment (2024-07-11): (Rate Lock) Appraisal attached
 07/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221509341 [Redact] [Redact] [Redact] 31107142     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/12/2024 2   B   B   B   B   B   [Redact] Primary Purchase   C B C A C B A A Non QM Non QM No
221509423 [Redact] [Redact] [Redact] 30798331     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-15): Waived on Rate Lock: Collateral cleared by Custodian
 07/15/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B B B A A A A Non QM Non QM No
221509423 [Redact] [Redact] [Redact] 31075223     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/09/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B A A A A Non QM Non QM No
221509453 [Redact] [Redact] [Redact] 30798350     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-14): (Rate Lock) Collateral delivered on [Redact]. Please clear for purchase, asap. ([Redact])


Seller Comment (2024-07-10): (Rate Lock) [Redact]
 07/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221509453 [Redact] [Redact] [Redact] 31069929     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The file was missing a copy of the security instrument and any applicable riders.       Reviewer Comment (2024-07-12): Received Security Instrument. Exception Cleared.


Seller Comment (2024-07-11): (Rate Lock) mortgage
 07/12/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221525235 [Redact] [Redact] [Redact] 30819743     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking-[Redact] Note Delivery attached
 07/24/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221525235 [Redact] [Redact] [Redact] 31178103     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.             07/22/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B A A B B A A Non QM Non QM No
221525255 [Redact] [Redact] [Redact] 30820005     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-18): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221525255 [Redact] [Redact] [Redact] 31158234     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-22): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-19): Please see attached business purpose certificate.
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221525259 [Redact] [Redact] [Redact] 30820025     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): Tracking
 07/17/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221525259 [Redact] [Redact] [Redact] 31108995     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Missing Final 1008. 1008 in file reflects loan program is 12 months bank statements program, but 24 months were verified, resulting in discrepancy in DTI.       Reviewer Comment (2024-07-17): Received revised 1008. Exception Cleared.


Seller Comment (2024-07-16): 1008
 07/17/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221528711 [Redact] [Redact] [Redact] 30826226     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-06-25): Note Tracking: [Redact]
 07/02/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221528711 [Redact] [Redact] [Redact] 30906473     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verified As per Mortgage Statement Taxes and Insurance are Escrowed             06/21/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221528711 [Redact] [Redact] [Redact] 30911495     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent             06/21/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221528711 [Redact] [Redact] [Redact] 30911496     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. The business or personal tax returns provided are not the most recent             06/21/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221529753 [Redact] [Redact] [Redact] 30827080     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): (Rate Lock) [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221530797 [Redact] [Redact] [Redact] 30827619     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-29): (Rate Lock) [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   B B B B A A A A Exempt from ATR Exempt from ATR No
221530797 [Redact] [Redact] [Redact] 31186887     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in the file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             07/23/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B B B A A A A Exempt from ATR Exempt from ATR No
221530832 [Redact] [Redact] [Redact] 30828135     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking - [Redact] attached
 07/31/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221530832 [Redact] [Redact] [Redact] 31182598     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/22/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221568179 [Redact] [Redact] [Redact] 30893806     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-26): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221568179 [Redact] [Redact] [Redact] 31193112     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing the copy of guarantor agreement.       Reviewer Comment (2024-07-25): Guarantor agreement provided


Seller Comment (2024-07-25): Guarantor agreement attached.
 07/25/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221568179 [Redact] [Redact] [Redact] 31193142     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file is missing a copy of the business purpose certificate.       Reviewer Comment (2024-07-25): Business purpose cert provided


Seller Comment (2024-07-25): Please see attached business purpose certificate.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221568276 [Redact] [Redact] [Redact] 30894240     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-16): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221568276 [Redact] [Redact] [Redact] 31119277     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Please provide a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-17): CPL provided


Seller Comment (2024-07-17): Please see attached closing protection letter
 07/17/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221568284 [Redact] [Redact] [Redact] 30894382     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-26): [Redact] Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221568284 [Redact] [Redact] [Redact] 31194497     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the closing protection letter.       Reviewer Comment (2024-07-25): CPL provided


Seller Comment (2024-07-25): Please see attached closing protection letter.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221568608 [Redact] [Redact] [Redact] 30896406     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221569112 [Redact] [Redact] [Redact] 30898445     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking-[Redact] Note Delivery attached
 07/24/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221569112 [Redact] [Redact] [Redact] 31177887     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003/Declarations:  F. Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application? reflects Yes.  Missing  documented and/or does not meet guideline requirements. - Missing documentation to identify the debt not disclosed.       Reviewer Comment (2024-07-26): Letter of explanation provided identifying a clerical error


Seller Comment (2024-07-25): (Rate Lock) Borrower LOX for 1003 Declarations attached


Reviewer Comment (2024-07-25): Required corrected 1003 to clear this condition. Exception Remains.


Seller Comment (2024-07-24): (Rate Lock) Borrower explanation attached-thank you
 07/26/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221569112 [Redact] [Redact] [Redact] 31177901     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/22/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221569112 [Redact] [Redact] [Redact] 31177902     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               07/22/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221569112 [Redact] [Redact] [Redact] 31178297     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Not High Cost and Not Higher Priced The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). The inital 1003 show that the borrower will occpupy the subject as their primary.             07/22/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A B B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 30899310     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209513     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing a copy of the required fraud report including all interested parties to the transaction.       Reviewer Comment (2024-08-01): Received fraud report. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) See [Redact] Report
 08/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209566     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.             07/26/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209590     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the required fraud report including all interested parties to the transaction. Exception has been raised for missing fraud report       Reviewer Comment (2024-08-01): Received fraud report. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) See [Redact] Report
 08/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209648     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence to access to funds is missing       Reviewer Comment (2024-07-31): Received CPA letter. Exception Cleared.


Seller Comment (2024-07-30): (Rate Lock) [Redact] - Disagree any additional documentation is required. The file contains a CPA letter stating the borrower is 100% owner (consistent with 1120S K1) and that the use of the business funds in account #[Redact] impact the business operations. The [Redact] business account #[Redact] printout reflects the payment of the borrower's personal tax return liability on [Redact] and the EMD wire for the subject property - both of which confirm the borrower has access to the funds in the account.
 07/31/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209898     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.             07/26/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209916     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 2.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan. The file is missing proof of the borrowers receipt of the appraisal at least three business days prior to closing       Reviewer Comment (2024-08-01): Received appraisal delivery. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) See appraisal tracking showing delivery of appraisal to borrower.
 08/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221569417 [Redact] [Redact] [Redact] 31209917     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2024-08-01): Received appraisal delivery. Exception Cleared.


Seller Comment (2024-08-01): (Rate Lock) See appraisal tracking
 08/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C B A A Non QM Non QM No
221571548 [Redact] [Redact]   30909200     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2024-06-04): 1004 and delivery provided.


Buyer Comment (2024-06-04): Appraisal report


Buyer Comment (2024-06-04): Appraisal delivery
 06/04/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B A A A B A A A   N/A No
221571562 [Redact] [Redact] [Redact] 30909330     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-05): Collateral delivered [Redact] via [Redact] tracking [Redact]
 08/06/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221572466 [Redact] [Redact] [Redact] 30910651     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-10): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221572466 [Redact] [Redact] [Redact] 31074518     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing verification of Taxes for the REO       Reviewer Comment (2024-07-16): Received Tax Certificate. Exception Cleared.


Seller Comment (2024-07-16): (Rate Lock) [Redact]
 07/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221572466 [Redact] [Redact] [Redact] 31074524     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing verification of the HOA Verification, Tax Verification for the REO       Reviewer Comment (2024-07-16): Received Tax and HOA. Exception Cleared.


Seller Comment (2024-07-16): (Rate Lock) [Redact]
 07/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221572493 [Redact] [Redact] [Redact] 30910862     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): Collateral delivered on [Redact] via [Redact] tracking #[Redact]4.
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221572493 [Redact] [Redact] [Redact] 31179856     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-08-05): Insurance policy has Replacement Cost Coverage. Exception Cleared.


Seller Comment (2024-08-02): Please see attached checklist of coverage.
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221572493 [Redact] [Redact] [Redact] 31182656     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-24): Received CPL. Exception Cleared.


Seller Comment (2024-07-23): Please see attached CPL.
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221576862 [Redact] [Redact] [Redact] 30925057     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): collateral has been delivered [Redact] via [Redact] tracking [Redact]
 09/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221577774 [Redact] [Redact] [Redact] 30925584     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221578784 [Redact] [Redact] [Redact] 30928930     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-30): (Rate Lock) [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   A A A A A A A A Non QM Exempt from ATR No
221578805 [Redact] [Redact] [Redact] 30929080     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-11): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221578816 [Redact] [Redact] [Redact] 30929282     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): Collateral delivered [Redact] via [Redact] tracking [Redact]
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221578932 [Redact] [Redact] [Redact] 30929445     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): (Rate Lock) [Redact]
 07/19/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221579008 [Redact] [Redact] [Redact] 30929594     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221580760 [Redact] [Redact] [Redact] 30939792     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221581751 [Redact] [Redact] [Redact] 30941454     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-23): Waived on Rate Lock: Collateral cleared by Custodian
 07/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581751 [Redact] [Redact] [Redact] 31174009     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-24): [Redact] received initial LE to rebaseline the fee.


Seller Comment (2024-07-23): (Rate Lock) initial LE (shows initially credit report fee as [Redact]), affiliated business, homeownership counseling
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
221581751 [Redact] [Redact] [Redact] 31174400     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Per the disclosure summary provided the right to receive a copy of the appraisal wasn't sent to the borrower with in 3 days of the application       Reviewer Comment (2024-07-24): [Redact] received initial LE.


Seller Comment (2024-07-23): (Rate Lock) appraisal delivery
 07/24/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581751 [Redact] [Redact] [Redact] 31174401     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. Per the disclosure summary provided the Affiliated Business Arrangement Disclosure wasn't sent to the borrower with in 3 days of the application       Reviewer Comment (2024-07-24): Disclosure provided, but was not signed by borrower. Updated exception will be cited.


Seller Comment (2024-07-23): (Rate Lock) initial LE (shows initially credit report fee as [Redact]), affiliated business, homeownership counseling
 07/24/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581751 [Redact] [Redact] [Redact] 31174402     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. Please provide proof that the List of Homeownership Counseling Organizations  was sent to the borrower with in 3 business days of application.       Reviewer Comment (2024-07-24): Disclosure provided.


Seller Comment (2024-07-23): (Rate Lock) initial LE (shows initially credit report fee as [Redact]), affiliated business, homeownership counseling
 07/24/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581751 [Redact] [Redact] [Redact] 31174403     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. Please provide proof that was a loan estimate was sent to the borrower with in 3 business days of application.       Reviewer Comment (2024-07-24): [Redact] received initial LE.


Seller Comment (2024-07-23): (Rate Lock) initial LE (shows initially credit report fee as [Redact]), affiliated business, homeownership counseling
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581751 [Redact] [Redact] [Redact] 31196246     Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. Disclosure not signed by borrower.       Reviewer Comment (2024-07-26): Disclosure signed by the borrowers provided


Seller Comment (2024-07-26): (Rate Lock) signed
 07/26/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221581788 [Redact] [Redact] [Redact] 30941716     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221582530 [Redact] [Redact] [Redact] 30943831     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-10): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
221582530 [Redact] [Redact] [Redact] 31610618     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-09-09): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-09-09): Guarantor Agreement
 09/09/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
221582530 [Redact] [Redact] [Redact] 31611159     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Lender Exception was provided for a 5% LTV exception for 80% LTV for a first time investor. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post close assets of [Redact] all liquid 49 months reserves where 8 months is required (6X)

FICO 790 where 700 the minimum (90 points)		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-09-09): Client elected to waive the condition with the following Compensating Factors:
Post close assets of [Redact] all liquid 49 months reserves where 8 months is required (6X)
FICO 790 where 700 the minimum (90 points)
Credit Depth: Trade history to 1995 mortgage history to 2008 all paid as agreed.
     09/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221582530 [Redact] [Redact] [Redact] 31611160     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Lender Exception was provided for a 5% LTV exception for 80% LTV for a first time investor. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Post close assets of [Redact] all liquid 49 months reserves where 8 months is required (6X)

FICO 790 where 700 the minimum (90 points)		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-09-09): Client elected to waive the condition with the following Compensating Factors:
Post close assets of [Redact] all liquid 49 months reserves where 8 months is required (6X)
FICO 790 where 700 the minimum (90 points)
Credit Depth: Trade history to 1995 mortgage history to 2008 all paid as agreed.
     09/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221583043 [Redact] [Redact] [Redact] 30944301     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): collateral delivered [Redact] via [Redact] tracking [Redact]
 07/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221583043 [Redact] [Redact] [Redact] 31182667     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-24): Received CPL. Exception Cleared.


Seller Comment (2024-07-23): cpl
 07/24/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221583152 [Redact] [Redact] [Redact] 30944566     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221583152 [Redact] [Redact] [Redact] 31184447     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file was missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-25): Received CPL. Exception Cleared.


Seller Comment (2024-07-24): Please see attached closing protection letter.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221583404 [Redact] [Redact] [Redact] 30944897     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-30): (Rate Lock) [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221599304 [Redact] [Redact] [Redact] 30970730     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian
 07/26/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A A A C A A A Non QM Non QM No
221599304 [Redact] [Redact] [Redact] 31178086     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-29): [Redact] received VCC and UW condition for requirement of additional appraisal fee.


Seller Comment (2024-07-26): LOE for Changed Circumstance


Reviewer Comment (2024-07-24): [Redact] received Changed Circumstance dated [Redact], but it does not give sufficient information on why the rush was requested and why the UW required additional report.  In order to determine if the changed circumstance is valid more information is necessary on reason fee increased and when lender became aware of the change.  A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2024-07-23): COC for Appraisal Fee
 07/29/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
221599656 [Redact] [Redact] [Redact] 30972126     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221599656 [Redact] [Redact] [Redact] 31176089     Credit Credit Miscellaneous Guideline Credit Exception:   The appraisal in file is incomplete.  The appraiser did not complete the Subject Phase information on page 1.  Provide a revised copy of the appraisal.       Reviewer Comment (2024-07-25): Revised Appraisal provided.


Seller Comment (2024-07-24): Please attached appraisal.
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221599790 [Redact] [Redact] [Redact] 30972536     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-16): Waived on Rate Lock: Collateral cleared by Custodian
 08/16/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221599790 [Redact] [Redact] [Redact] 31362629     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan. Loan is HPML Non-Compliant due to the file is missing proof of the borrowers receipt of ALL valuations at least three business days prior to closing.       Reviewer Comment (2024-08-19): Changes to appraisal was clerical and value did not change.  Proof of earlier receipt is acceptable.


Seller Comment (2024-08-16): (Rate Lock) the appraisals cited ([Redact], [Redact] and [Redact]) are all clerical updates that had no impact on value. These are not required to be redisclosed to the borrower. The original signed appraisal effective [Redact] was confirmed verified delivered to borrower [Redact].  Additionally, the 2nd valuation CDA dated [Redact] was also verified delivered to the borrower on [Redact].  All Appraisal ECOA timing was verified and completed prior to 3 days of consummation [Redact]


Reviewer Comment (2024-08-15): Additional copies of the appraisals and CDA provided.  HPML regulations require the borrower to receive a copy of ALL valuation products at least 3 business days prior to closing.  Proof of receipt of the initial appraisal with a report date of [Redact] and the CDA with a report date of [Redact] were provided in the initial file.  The file is missing proof of receipt of the updated appraisals with report dates of [Redact], [Redact], and [Redact].  Condition is valid and remains open.


Seller Comment (2024-08-14): (Rate Lock) This will clear with appraisal delivery findings
 08/19/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221599790 [Redact] [Redact] [Redact] 31362631     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. File is missing proof of the borrowers receipt of the updated appraisal with a report date of [Redact].       Reviewer Comment (2024-08-19): Changes to appraisal was clerical and value did not change.  Proof of earlier receipt is acceptable.


Seller Comment (2024-08-16): (Rate Lock) the appraisals cited ([Redact], [Redact] and [Redact]) are all clerical updates that had no impact on value. These are not required to be redisclosed to the borrower. The original signed appraisal effective [Redact] was confirmed verified delivered to borrower [Redact].  Additionally, the 2nd valuation CDA dated [Redact] was also verified delivered to the borrower on [Redact].  All Appraisal ECOA timing was verified and completed prior to 3 days of consummation [Redact]


Reviewer Comment (2024-08-15): Additional copies of the appraisals and CDA provided.  HPML regulations require the borrower to receive a copy of ALL valuation products at least 3 business days prior to closing.  Proof of receipt of the initial appraisal with a report date of [Redact] and the CDA with a report date of [Redact] were provided in the initial file.  The file is missing proof of receipt of the updated appraisals with report dates of [Redact], [Redact], and [Redact].  Condition is valid and remains open.


Seller Comment (2024-08-14): (Rate Lock) Attached are the trailing docs provided for our own review with [Redact]. Appraisal dated [Redact] is clerical only, corrected prior sale data - no impact to value, post close. [Redact] appraisal with receipt is in the file. CDA delivery is included in this upload. Delivery for the appraisal dated [Redact] was cancelled on our end, clerical appraisal update
 08/19/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221599790 [Redact] [Redact] [Redact] 31362633     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. however the lender provided a credit of [Redact] to cover the cost to cure       Reviewer Comment (2024-08-13): Sufficient Cure Provided At Closing
   08/13/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
221599790 [Redact] [Redact] [Redact] 31367537     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. File is missing proof of the borrowers receipt of the updated appraisal with a report date of [Redact].       Reviewer Comment (2024-08-19): Changes to appraisal was clerical and value did not change.  Proof of earlier receipt is acceptable.


Seller Comment (2024-08-16): (Rate Lock) the appraisals cited ([Redact], [Redact] and [Redact]) are all clerical updates that had no impact on value. These are not required to be redisclosed to the borrower. The original signed appraisal effective [Redact] was confirmed verified delivered to borrower [Redact].  Additionally, the 2nd valuation CDA dated [Redact] was also verified delivered to the borrower on [Redact].  All Appraisal ECOA timing was verified and completed prior to 3 days of consummation [Redact]


Reviewer Comment (2024-08-15): Additional copies of the appraisals and CDA provided.  HPML regulations require the borrower to receive a copy of ALL valuation products at least 3 business days prior to closing.  Proof of receipt of the initial appraisal with a report date of [Redact] and the CDA with a report date of [Redact] were provided in the initial file.  The file is missing proof of receipt of the updated appraisals with report dates of [Redact], [Redact], and [Redact].  Condition is valid and remains open.


Seller Comment (2024-08-14): (Rate Lock) Attached are the trailing docs provided for our own review with [Redact]. Appraisal dated [Redact] is clerical only, corrected prior sale data - no impact to value, post close. [Redact] appraisal with receipt is in the file. CDA delivery is included in this upload. Delivery for the appraisal dated [Redact] was cancelled on our end, clerical appraisal update
 08/19/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221599790 [Redact] [Redact] [Redact] 31385121     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.               08/15/2024 2   B   B   B   B   B   [Redact] Primary Purchase   C B A A C B A A Non QM Non QM No
221600208 [Redact] [Redact] [Redact] 30973745     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-31): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221601456 [Redact] [Redact] [Redact] 30980138     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221601647 [Redact] [Redact] [Redact] 30981844     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-14): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/15/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221601647 [Redact] [Redact] [Redact] 31353189     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-08-15): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-08-14): guaranty
 08/15/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221601647 [Redact] [Redact] [Redact] 31353191     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Lender exception approval provided in loan file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. [Redact] in reserves 33 months where 6 months is required. (5X) Aggregator,SitusAMC Reviewer Comment (2024-08-13): Client elected to waive the condition with the following Compensating Factors:
LTV of 55 where 70 is the maximum
Credit Depth: history to 2009 all credit paid as agreed
[Redact] in reserves 33 months where 6 months is required. (5X)
     08/13/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221601705 [Redact] [Redact] [Redact] 30981970     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-17): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/17/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221601705 [Redact] [Redact] [Redact] 31150654     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Please provide a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-18): Received CPL. Exception Cleared.


Seller Comment (2024-07-18): Please see attached CPL
 07/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221602458 [Redact] [Redact] [Redact] 30984967     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 08/05/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221602458 [Redact] [Redact] [Redact] 31232950     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax certificate is missing from file.  Lender to provide tax certificate supporting value used to qualify.       Reviewer Comment (2024-07-31): Received tax certificate. Exception Cleared.


Seller Comment (2024-07-31): Please see attached tax printout
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A     A A   N/A No
221603420 [Redact] [Redact] [Redact] 30993990     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) 1ST LIEN NOTE DELIVERED [Redact] PER [Redact] [Redact]
 07/25/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221603420 [Redact] [Redact] [Redact] 31183761     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-29): Received replacement cost estimate. Exception Cleared.


Seller Comment (2024-07-26): (Rate Lock) Please review the attached RCE and explanation from insurance agent regarding the RCE.
 07/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221603420 [Redact] [Redact] [Redact] 31183775     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.             07/23/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221603420 [Redact] [Redact] [Redact] 31183791     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of [Redact] is over disclosed by [Redact] compared to the calculated Amount Financed of [Redact] 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 [Redact]). Finance Charge disclosed is [Redact].  Calculated finance charge is [Redact].  Variance of -[Redact]. Itemization in file reflects Title - Mail Away fee of [Redact] was not included in prepaid finance charges. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable.       Reviewer Comment (2024-08-02): [Redact] received Letter of Explanation, Proof of Delivery, Refund check  & Corrected CD.


Seller Comment (2024-08-01): (Rate Lock) Please see the attached verification of refund to the borrower (copy of [Redact] shipping label, loe to borrower, copy of check and pccd).
   08/02/2024   2 C B C B C B C B C B   [Redact] Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
221603420 [Redact] [Redact] [Redact] 31183792     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of [Redact] is under disclosed by [Redact] compared to the calculated Finance Charge of [Redact] which exceeds the [Redact] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [Redact]). Finance Charge disclosed is [Redact].  Calculated finance charge is [Redact].  Variance of -[Redact]. Itemization in file reflects Title - Mail Away fee of [Redact] was not included in prepaid finance charges. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable.       Reviewer Comment (2024-08-02): [Redact] received Letter of Explanation, Proof of Delivery, Refund check  & Corrected CD.


Seller Comment (2024-08-01): (Rate Lock) Please see the attached verification of refund to the borrower (copy of [Redact] shipping label, loe to borrower, copy of check and pccd).
   08/02/2024   2 C B C B C B C B C B   [Redact] Second Home 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 if Applicable C B C A C B A A Non QM Non QM Yes
221603420 [Redact] [Redact] [Redact] 31185708     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Updated per document provided.             07/23/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C A C B A A Non QM Non QM No
221606753 [Redact] [Redact] [Redact] 30996728     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking - [Redact] for Note Delivery attached
 07/31/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221606881 [Redact] [Redact] [Redact] 30997702     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-31): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221606890 [Redact] [Redact] [Redact] 30997969     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): Collateral delivered [Redact] via [Redact] tracking [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221620491 [Redact] [Redact] [Redact] 31025639     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-19): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221620491 [Redact] [Redact] [Redact] 31166983     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing a copy of the guarantor agreement.       Reviewer Comment (2024-07-22): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-07-19): guarantor agreement.
 07/22/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221628990 [Redact] [Redact] [Redact] 31032641     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): (Rate Lock) [Redact] Tracking - [Redact] attached
 07/31/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221628990 [Redact] [Redact] [Redact] 31179502     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver             07/22/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221630765 [Redact] [Redact]   31066445     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Originator Compensation.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Originator Compensation. Fee Amount of [Redact] exceeds tolerance of [Redact]. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-07-18): [Redact] received valid COC dcoument.


Seller Comment (2024-07-16): Disclosure Team LOE


Reviewer Comment (2024-07-11): [Redact] received Changed Circumstance dated [Redact] but it does not give sufficient information on why the Originator Compensation plan changed to borrower paid. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs.


Seller Comment (2024-07-10): Re-CD and CiC detailing change
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
221630765 [Redact] [Redact]   31066609     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.86 is less than Guideline PITIA months reserves of 3.00.  The difference is due to the file is missing proof of the POC fees that are included in the calculating cash required to close.  Provide a copy of the paid invoice or other documentation verifying the borrowers paid the appraisal prior to the account statement dates and the POC fees will be added as an asset.       Reviewer Comment (2024-07-10): POCB Added in assets. Exception Cleared.


Seller Comment (2024-07-10): appraisal invoice
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221630765 [Redact] [Redact]   31066658     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2024-07-10): POCB Added in assets. Exception Cleared.
 07/10/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
221630765 [Redact] [Redact]   31066659     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2024-07-10): POCB Added in assets. Exception Cleared.
 07/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221630767 [Redact] [Redact]   31060228     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title policy not reflecting Converge amount             07/08/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
221630767 [Redact] [Redact]   31078835     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. The LTV/CLTV exceeds the guideline max of 75.00% (based on the FICO).  Lender exception approval in file. Borrower has verified disposable income of at least [Redact].

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

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Residual income of [Redact]

24.03 months exceeds min required of 3 months

DTI 29.927%.		 SitusAMC,Aggregator

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 24.03 months exceeds min required of 3 months. Residual income of [Redact] monthly. DTI 29.927%.
     07/09/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
221630767 [Redact] [Redact]   31078836     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. The LTV/CLTV exceeds the guideline max of 75.00% (based on the FICO).  Lender exception approval in file. Borrower has verified disposable income of at least [Redact].

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

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Residual income of [Redact]

24.03 months exceeds min required of 3 months

DTI 29.927%.		 SitusAMC,Aggregator

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 24.03 months exceeds min required of 3 months. Residual income of [Redact] monthly. DTI 29.927%.
     07/09/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
221630768 [Redact] [Redact]   31065261     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Hazard Insurance Policy Effective Date [Redact]; Disbursement Date: [Redact]; Note Date: [Redact]; Transaction Date: [Redact]       Reviewer Comment (2024-07-15): Received Post Closing Disclosure, which have disbursement date of [Redact]. Exception Cleared.


Seller Comment (2024-07-12): final settlement stmt and PC CD
 07/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221630768 [Redact] [Redact]   31065295     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-15): Received replacement cost estimate. Exception Cleared.


Seller Comment (2024-07-12): RCE
 07/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221630769 [Redact] [Redact]   31063157     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the mortgage statement for the first mortgage on the co-borrower #2's prior primary residence.  The mortgage was not disclosed on the credit report.       Reviewer Comment (2024-07-16): Received HELOC Agreement. Exception Cleared.


Seller Comment (2024-07-15): UW LOE and supporting documents
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
221630769 [Redact] [Redact]   31079072     Credit Credit Miscellaneous Guideline Credit Exception:   The final 1003 for the co-borrower #2, identified the subject would not be occupied as the primary residence.  The REO section of the 1003 did not identify a primary residence for this borrower.  Provide a revised 1003 identifying one of the REO's listed on the final 1003 as the primary or a revised 1003 adding the new primary residence and documentation to support the PITIA.       Reviewer Comment (2024-07-16): Revised 1003 for CB#2 provided


Seller Comment (2024-07-15): UW LOE and supporting documents
 07/16/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
221630770 [Redact] [Redact]   31066927     Credit Credit Miscellaneous Guideline Credit Exception:   The borrower is not 100% owner of the LLC and per the guides, all members of the LLC are required to be borrowers.  Lender exception approval in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 29.05 months reserves, exceeds min required of 12 months. SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 29.05 months reserves, exceeds min required of 12 months.
     07/09/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221630770 [Redact] [Redact]   31069233     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   The file is missing a copy of the CD/HUD/Final Settlement Statement.  Note: additional conditions may apply when received and the cash from the borrower is calculated.       Reviewer Comment (2024-07-10): Final Settlement statement provided


Seller Comment (2024-07-09): final settlement stmt
 07/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221630773 [Redact] [Redact]   31068781     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   The rental history documentation provided did not meet the guideline requirements.  Housing payments not verified: [Redact], [Redact] and [Redact] paid in cash, [Redact], [Redact], [Redact] and [Redact] paid by [Redact] assistance.  Lender exception approval in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 8.35 months reserves exceeds min required of 3 months. SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 8.35 months reserves exceeds min required of 3 months. 0X30 on all tradelines since 2015.
     07/09/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221630776 [Redact] [Redact]   31061264     Credit Credit Miscellaneous Guideline Credit Exception:   Vesting in Corporation, which is ineligible per the guidelines.  .Lender exception approval in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 53.01 months reserves exceeds min required of 12 months. SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 53.01 months reserves exceeds min required of 12 months.  0X30 on all mortgages since 2010.
     07/09/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221630776 [Redact] [Redact]   31061273     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. -         Reviewer Comment (2024-07-09): Seller provided documentation verifying the condo was warrantable


Seller Comment (2024-07-09): condo warranty
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221630776 [Redact] [Redact]   31068903     Credit Credit Miscellaneous Guideline Credit Exception:   The loan was qualified with short-term rental income, which is not acceptable per the guidelines for Novice Investors.  Lender exception approval in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 53.01 months reserves exceeds min required of 12 months. SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-07-09): Client elected to waive the condition with the following Comp Factors: 53.01 months reserves exceeds min required of 12 months.  0X30 on all mortgages since 2010.
     07/09/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221630779 [Redact] [Redact]   31061043     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy has a coverage amount of [Redact] this is less than the note amount of [Redact] Please provide an updated title Commitment or final title.             07/08/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Limited Cash-out GSE   B B B B     A A   N/A No
221630780 [Redact] [Redact]   31064609     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Hazard Insurance Policy Effective Date [Redact] which is after note date.  Note: the file is missing the final settlement statement/HUD to verify the disbursement date.       Reviewer Comment (2024-07-10): Final settlement statement provided verifying the disbursement date


Seller Comment (2024-07-09): final settlement stmt
 07/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630780 [Redact] [Redact]   31064612     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Copy of HUD/CD is not available in file.       Reviewer Comment (2024-07-10): Final settlement statement provided


Seller Comment (2024-07-09): final settlement stmt
 07/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630781 [Redact] [Redact]   31062601     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   The borrower was qualified with secured funds of [Redact]; however proof of the source of the funds and proof of receipt was not documented in the file.       Reviewer Comment (2024-07-11): Settlement statement from refi of other REO provided


Seller Comment (2024-07-11): Settlement stmt
 07/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630781 [Redact] [Redact]   31062622     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   The borrower was qualified with secured funds of [Redact]; however proof of the source of the funds and proof of receipt was not documented in the file.       Reviewer Comment (2024-07-11): Settlement statement from refi of other REO provided


Seller Comment (2024-07-11): Settlement stmt
 07/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630781 [Redact] [Redact]   31062630     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   The borrower was qualified with secured funds of [Redact]; however proof of the source of the funds and proof of receipt was not documented in the file.       Reviewer Comment (2024-07-11): Settlement statement from refi of other REO provided


Seller Comment (2024-07-11): Settlement stmt
 07/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630781 [Redact] [Redact]   31069188     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   The assets verified in the file were insufficient to support the funds needed to close.  The borrower was qualified with secured funds of [Redact]; however proof of the source of the funds and proof of receipt was not documented in the file.       Reviewer Comment (2024-07-11): Settlement statement from refi of other REO provided


Seller Comment (2024-07-11): Settlement stmt
 07/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630783 [Redact] [Redact]   31061901     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file was missing a copy of the Article of Organization.       Reviewer Comment (2024-07-09): Operating agreement associated. Exception Cleared.


Seller Comment (2024-07-09): Not required when operating agreement shows 100% owner
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221630784 [Redact] [Redact]   31065677     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   Missing documentation to verify CD funds with [Redact] in the amount of [Redact].       Reviewer Comment (2024-07-09): Received CD. Exception Cleared.


Seller Comment (2024-07-09): [Redact]
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630784 [Redact] [Redact]   31065679     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   Missing documentation to verify CD funds with [Redact] in the amount of [Redact].       Reviewer Comment (2024-07-09): Received CD. Exception Cleared.


Seller Comment (2024-07-09): [Redact]
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630784 [Redact] [Redact]   31065693     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Missing documentation to verify CD funds with [Redact] in the amount of [Redact].       Reviewer Comment (2024-07-09): Received CD. Exception Cleared.


Seller Comment (2024-07-09): [Redact]
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221630784 [Redact] [Redact]   31065720     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Missing documentation to verify CD funds with [Redact] in the amount of [Redact].       Reviewer Comment (2024-07-09): Received CD. Exception Cleared.


Seller Comment (2024-07-09): [Redact]
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221631124 [Redact] [Redact] [Redact] 31037507     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-22): (Rate Lock) [Redact]
 07/24/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221631124 [Redact] [Redact] [Redact] 31166533     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. This file was missing copy of Change circumstances for exceeded transfer tax fee [Redact]       Reviewer Comment (2024-07-18): Sufficient Cure Provided At Closing
   07/18/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221636328 [Redact] [Redact] [Redact] 31043229     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-05): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
221636328 [Redact] [Redact] [Redact] 31254408     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-08-05): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-08-02): Please see attached Business Purpose Certificate.
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D B D B     A A   N/A No
221636328 [Redact] [Redact] [Redact] 31254417     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-08-05): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-08-02): Guarantor Agreement is attached.
 08/05/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
221636328 [Redact] [Redact] [Redact] 31254501     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy has a coverage amount of [Redact] this is less than the note amount of [Redact] Please provide an updated title Commitment or final title.             08/01/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221638670 [Redact] [Redact] [Redact] 31054601     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-15): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221643025 [Redact] [Redact] [Redact] 31056684     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221643025 [Redact] [Redact] [Redact] 31307865     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             08/07/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221643187 [Redact] [Redact] [Redact] 31057971     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-14): Collateral delivered via [Redact] tracking number [Redact] on [Redact].
 08/15/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221644356 [Redact] [Redact] [Redact] 31066581     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-31): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221644371 [Redact] [Redact] [Redact] 31066648     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-23): (Rate Lock) [Redact]
 07/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221644399 [Redact] [Redact] [Redact] 31066688     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221644399 [Redact] [Redact] [Redact] 31217823     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Verification of Identification not provided   The file was missing Verification of Identification.       Reviewer Comment (2024-08-01): Received Patriot Act Disclosure. Exception Cleared.


Seller Comment (2024-07-31): Patriot Act Discl and DL
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221646500 [Redact] [Redact]   31072548     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-07-11): Initial and Final Grade B, accepted
     07/11/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C B B B A A Non QM Non QM Yes
221646500 [Redact] [Redact]   31072563     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. The FICO score was less than the guideline required score.  Lender Exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least [Redact].

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 18.21 months reserves exceeds min required of 3 months

residual income of [Redact] monthly		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-11): Client elected to waive the condition with the following Comp Factors: 18.21 months reserves exceeds min required of 12 months, residual income of [Redact] monthly, 0X30 on all mortgages since 2020
     07/11/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
221646503 [Redact] [Redact]   31073749     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Copy of Fraud Report is not available in file.       Reviewer Comment (2024-07-11): Received fraud report. Exception Cleared.


Seller Comment (2024-07-11): DRIVE report
 07/11/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221646503 [Redact] [Redact]   31075150     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Title policy amount not stated             07/09/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221647398 [Redact] [Redact]   31074184     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Lender approved an exception at orgiantion, allowing loan amount under [Redact]. Compensating factors of 756 FICO, 1.52 DSCR, and 10 rental units. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

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

Borrower's Experience/Track Record		 Debt Service Coverage Ratio: 1.52
Guideline Requirement: 1.00

Guidelines Representative FICO: 700
Representative FICO: 759

Borrower's Experience/Track Record. The borrower has: 10 rental units.		 SitusAMC,Originator Pre-Close

Originator Pre-Close,SitusAMC

Originator Pre-Close		 Reviewer Comment (2024-04-15): Lender approved an exception at orgiantion, allowing loan amount under [Redact]. Compensating factors of 756 FICO, 1.52 DSCR, and 10 rental units.
     04/15/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647398 [Redact] [Redact]   31074185     Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception at origination, for minimum property value under [Redact], with compensating factors of 756 FICO, 1.52 DSCR, and 10 rental units. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

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

Borrower's Experience/Track Record		 Debt Service Coverage Ratio: 1.52
Guideline Requirement: 1.00

Guidelines Representative FICO: 700
Representative FICO: 759

Borrower's Experience/Track Record. The borrower has: 10 rental units.		 SitusAMC,Originator Pre-Close

Originator Pre-Close,SitusAMC

Originator Pre-Close		 Reviewer Comment (2024-04-15): Lender approved exception at origination, for minimum property value under [Redact], with compensating factors of 756 FICO, 1.52 DSCR, and 10 rental units.
     04/15/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647415 [Redact] [Redact]   31074249     Credit Credit Miscellaneous Guideline Credit Exception:   The subject property was purchased in [Redact], which is seasoned less than 12 months.  The purchase transaction HUD-1 is provided in the loan file as required by guidelines; however, Credit Committee approval is missing.       Reviewer Comment (2024-05-10): Rate/term refund.  Credit committee approval not required.


Buyer Comment (2024-05-10): This is a rate and term refund.  Credit committee approval is not required.
 05/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221647425 [Redact] [Redact]   31074310     Credit Credit Miscellaneous Guideline Credit Exception:   Blanket Exception Request for policy renewal to be less than 1 month from the Note Date as [Redact] has a Commercial Blanket Policy for their portfolio of properties. Expiration date [Redact]. Borrower's Experience/Track Record

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower's Experience/Track Record. The borrower has: 300 Rental Units.

Guidelines Representative FICO: 680
Representative FICO: 795		 SitusAMC,Originator Pre-Close

SitusAMC,Originator Pre-Close		 Reviewer Comment (2024-05-09): Waived with compensating factors per lender exception approval at origination.
     05/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647425 [Redact] [Redact]   31074311     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception Request Loan Documents: Loan & Security Agreement. Entity is a [Redact] client that was grandfathered into using an internal closing statement set that does not include the Loan & Security Agreement. Borrower's Experience/Track Record

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower's Experience/Track Record. The borrower has: 300 Rental Units.

Guidelines Representative FICO: 680
Representative FICO: 795		 SitusAMC,Originator Pre-Close

SitusAMC,Originator Pre-Close		 Reviewer Comment (2024-05-09): Waived with compensating factors per lender exception approval at origination.
     05/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647425 [Redact] [Redact]   31074312     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception approved at origination for commercial blanket policy not being escrowed. Borrower's Experience/Track Record

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower's Experience/Track Record. The borrower has: 300 Rental Units.

Guidelines Representative FICO: 680
Representative FICO: 795		 SitusAMC,Originator Pre-Close

SitusAMC,Originator Pre-Close		 Reviewer Comment (2024-05-09): Waived with compensating factors per lender exception approval at origination.
     05/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647425 [Redact] [Redact]   31074313     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception approved at origination to not source large deposits. Borrower bank statements for the entity reflects a higher number of transactions indicative of the business model of purchasing and selling properties. Borrower's Experience/Track Record

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower's Experience/Track Record. The borrower has: 300 Rental Units.

Guidelines Representative FICO: 680
Representative FICO: 795		 SitusAMC,Originator Pre-Close

SitusAMC,Originator Pre-Close		 Reviewer Comment (2024-05-09): Waived with compensating factors per lender exception approval at origination.
     05/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647425 [Redact] [Redact]   31074314     Credit Credit Miscellaneous Guideline Credit Exception:   Exception request to allow for the authorized signer to execute the Environmental Indemnity Agreement. Body of the document applies to the borrower of the loan (entity) and not specifically to the guarantor. Borrower's Experience/Track Record

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower's Experience/Track Record. The borrower has: 300 Rental Units.

Guidelines Representative FICO: 680
Representative FICO: 795		 SitusAMC,Originator Pre-Close

SitusAMC,Originator Pre-Close		 Reviewer Comment (2024-05-09): Waived with compensating factors per lender exception approval at origination.
     05/09/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221647426 [Redact] [Redact]   31074315     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   Based on guideline requirements for short term rental properties, the rents used to calculated the DSCR should be the lower of the 12 month average from third party data provider, using a 10% expense factor, or 200% of the long term rental, resulting in a DSCR of 1.23, which does not meet the guideline requirement of 1.25.       Reviewer Comment (2024-05-22): Received vacation rental listing, evidence of short term rental income, and evidence of guarantor ownership in entity.  Updated monthly rent and condition cleared.


Buyer Comment (2024-05-21): The attached ledger (excel and PDF) which is the one they say they can't tie to the property, guarantor, etc. can be tied to "[Redact]" and "[Redact]" please see screenshot below.

Attached is also proof of the [Redact] listing and also the articles of organization for [Redact]. The articles verifies the guarantors are the owners of the LLC. The [Redact] listings doc confirms the name of the listing to be "[Redact]".


Reviewer Comment (2024-05-16): Cannot accept provided ledger for rental income without a clear tie to both the property and the borrowing entity or the guarantor.


Buyer Comment (2024-05-16): The aged ledger was in the loan file.  Attached please find the ledger for the most recent 12 months.  If you open up the 12 month ledger provided on this email, highlight the payouts from column N for 12 months' of gross income - [Redact]

Divide that annual figure by 12 and multiply by .9 and we get [Redact]
 05/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221647433 [Redact] [Redact]   31074364     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  ___ is less than Cash From Borrower ___. There are no asset documents in file to cover the shortfall of Cash From Borrower [Redact].       Reviewer Comment (2024-05-21): Condition cleared.  Lender collected 12 months PITI payments at closing, which per guidelines, is acceptable in lieu of liquidity coverage requirements.


Reviewer Comment (2024-05-16): Understanding is liquidity requirement applies to full term payment verification requirements and not actual cash needed to cover closing. Lender can elect to waive cash to close requirements with compensating factors if they wish.


Buyer Comment (2024-05-10): Guidelines allow for Liquidity Coverage Requirements may be waived subject to twelve (12) months PITI payments collected at
closing and held in escrow.  Such escrowed PITI payments may be financed in the loan amount, subject to
LTV maximums.
 05/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221647794 [Redact] [Redact]   31076504     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Rent Loss insurance was not provided.       Reviewer Comment (2024-06-18): Rent loss provided.


Buyer Comment (2024-06-14): Rent Loss
 06/18/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221648153 [Redact] [Redact] [Redact] 31078065     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-24): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 07/25/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221648153 [Redact] [Redact] [Redact] 31182749     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   The file is missing a copy of the Closing Protection Letter.       Reviewer Comment (2024-07-23): CPL provided. Exception cleared.


Seller Comment (2024-07-22): Please see attached CPL.
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221648180 [Redact] [Redact] [Redact] 31078396     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): collateral was delivered [Redact] via [Redact] tracking [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221648681 [Redact] [Redact] [Redact] 31079832     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): collateral was delivered [Redact] via [Redact] tracking [Redact]
 08/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221648681 [Redact] [Redact] [Redact] 31247006     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-08-01): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-08-01): business purpose
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221648681 [Redact] [Redact] [Redact] 31247007     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-08-01): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-08-01): guaranty
 08/01/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221650940 [Redact] [Redact] [Redact] 31085857     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-19): The collateral was delivered [Redact] via [Redact] trtk#[Redact].
 08/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221650940 [Redact] [Redact] [Redact] 31372000     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing the copy of guarantor agreement.       Reviewer Comment (2024-08-18): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-08-16): Please see attached Guarantor Agreement.
 08/18/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221651294 [Redact] [Redact] [Redact] 31086401     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-05): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221652023 [Redact] [Redact] [Redact] 31087641     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-25): Collateral delivered [Redact] via [Redact] tracking [Redact]
 07/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221652766 [Redact] [Redact]   31090619     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing       Reviewer Comment (2024-05-06): As per client and guidelines not showing required, cleared exception.
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A C B A A   N/A No
221652766 [Redact] [Redact]   31090621     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Buyer Comment (2024-05-23): Lender acknowledged non material EV2.


Buyer Comment (2024-05-23): LOE
     05/23/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A C B A A   N/A No
221652766 [Redact] [Redact]   31090622     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to Receive a Copy of appraisal disclosure was not provided.       Buyer Comment (2024-05-24): Acknowledged as non-material by lender.


Buyer Comment (2024-05-24): LOE
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A C B A A   N/A No
221652766 [Redact] [Redact]   31090623     Compliance Compliance State Compliance State Defect [Redact] SB270 Prepayment Penalty Test 2009 Investment [Redact] SB270: Mortgage loan contains an impermissible prepayment penalty. The prepayment is for 60 months and the percentage decreases every year from [Redact] to [Redact].       Buyer Comment (2024-05-13): Acknowledged as non-material


Reviewer Comment (2024-05-10): Alternate prepayment testing methodology used to test [Redact] prepay limitations under [Redact] Comm. Law Code § 12-105.  Alternate testing was deemed acceptable by [Redact] outside counsel given the ambiguity in the state law.


Reviewer Comment (2024-05-08): The note does not have the language that allows the donwgrade.


Buyer Comment (2024-05-06): Please downgrade to EV2.


Buyer Comment (2024-05-06): [Redact] please downgrade to EV2:
     05/13/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   C B C A C B A A   N/A No
221652774 [Redact] [Redact]   31090680     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652774 [Redact] [Redact]   31090681     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.


Buyer Comment (2024-05-24): LOE
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652774 [Redact] [Redact]   31090682     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090692     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Addendum to Operating Agreement is missing. Operating Agreement for "[Redact]" is in file but according to Addendum to Articles the company changed names to the borrowing entity [Redact].       Reviewer Comment (2024-05-28): Articles provided reflecting the change to the operating agreement


Buyer Comment (2024-05-23): Amendment of Articles of Organization


Reviewer Comment (2024-05-16): Missing documentation to the operating agreement confirming the change of business names.


Buyer Comment (2024-05-14): Per lender : Sorry, I'm not following. You already have the Amendment of Articles of Organization. Anything else would not be required.
 05/28/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090694     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client


Buyer Comment (2024-05-05): Please remove, Patriot Act is not required. Guides state " Validation Documents for Borrowing Entities include the
following:
•
Personal Identification for any Guarantor (Driver's License, Passport, Green Card, or other government issued
photo identification acceptable)
•
Valid Certificates of Formation (Articles of Organization / Incorporation)
•
Valid Operating Agreement / Partnership Agreement / Bylaws
•
Valid Certificate of Good Standing
•
Executed W9 and/or EIN
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090695     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090696     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. No evidence the Right to Receive a Copy of Appraisal disclosure was provided to the consumer.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090697     Compliance Compliance State Compliance State Late Charge [Redact] Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 10 days is less than the state minimum of 15 days. Note grace period of 10 days is less than the state minimum of 15 days.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652776 [Redact] [Redact]   31090698     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Missing Supplemental HOI policy of [Redact]/mo, [Redact] annually as indicated on first payment letter and Final HUD       Reviewer Comment (2024-05-16): Supplemental coverage provided within the HOI


Buyer Comment (2024-05-14): please see pg 192 D0002, has a * next to the property [Redact]/mo
 05/16/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652781 [Redact] [Redact]   31090724     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing in file.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652781 [Redact] [Redact]   31090725     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing in file.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652781 [Redact] [Redact]   31090726     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to Receive a Copy of Appraisal is missing in file.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652781 [Redact] [Redact]   31090727     Compliance Compliance State Compliance State Late Charge [Redact] Late Charge Percent and Amount Testing [Redact] Late Charge: Note late charge of [Redact] exceeds state maximum of [Redact] or [Redact], whichever is greater. Note late charge of [Redact] exceeds state maximum of [Redact] or [Redact], whichever is greater.       Buyer Comment (2024-05-06): Acknowledged as non-material.
     05/06/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652781 [Redact] [Redact]   31090728     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000% for a cash-out refinance. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 45 vs 9 SitusAMC,Originator

SitusAMC		 Reviewer Comment (2024-06-06): Investor approved to waive with compensating factors


Buyer Comment (2024-06-05): Please see attached, [Redact] accepted this loan at 80% LTV.


Reviewer Comment (2024-05-16): The cash out matrix was used


Buyer Comment (2024-05-15): This is a delayed purchase. Property was acquired [Redact] for [Redact], then an additional [Redact] was spent on renovations
     06/06/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652781 [Redact] [Redact]   31090729     Credit Credit Miscellaneous Guideline Credit Exception:   Settlement Statement was not signed. Please provided the final signed Settlement Statement.       Reviewer Comment (2024-05-16): Signed HUD provided


Buyer Comment (2024-05-14): Signed HUD
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A   N/A No
221652783 [Redact] [Redact]   31090738     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing in file.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652783 [Redact] [Redact]   31090739     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing in file.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652783 [Redact] [Redact]   31090740     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Appraisal Receipt is missing in file.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.


Buyer Comment (2024-05-24): LOE
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652783 [Redact] [Redact]   31090741     Compliance Compliance State Compliance State Late Charge [Redact] Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 10 days is less than the state minimum of 15 days. Note grace period of 10 days is less than the state minimum of 15 days.       Buyer Comment (2024-05-07): Acknowledged non material
     05/07/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652783 [Redact] [Redact]   31090743     Compliance Compliance State Compliance State Defect [Redact] SB270 Prepayment Penalty Test 2009 Investment [Redact] SB270: Mortgage loan contains an impermissible prepayment penalty. The note does not have the language that allows the downgrade.       Buyer Comment (2024-05-13): Acknowledged as non-material


Reviewer Comment (2024-05-10): Alternate prepayment testing methodology used to test [Redact] prepay limitations under [Redact] Comm. Law Code § 12-105.  Alternate testing was deemed acceptable by [Redact] outside counsel given the ambiguity in the state law
     05/13/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652784 [Redact] [Redact]   31090744     Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   Verification of Non-US Citizen document is missing in the file. per application, borrower is a permanent resident.       Reviewer Comment (2024-05-16): Verification of Non-US Citizen Status provided, cleared.


Buyer Comment (2024-05-13): id
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652784 [Redact] [Redact]   31090745     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Verification of Identification not provided   Verification of Identification is missing in the file.       Reviewer Comment (2024-05-16): Verification of Identification provided, cleared.


Buyer Comment (2024-05-13): id
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652784 [Redact] [Redact]   31090746     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower not provided.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.


Buyer Comment (2024-05-24): LOE
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652784 [Redact] [Redact]   31090747     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Missing Right to Received a Copy Appraisal disclosure.       Buyer Comment (2024-05-24): Lender acknowledged as non-material with LOE.
     05/24/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652784 [Redact] [Redact]   31090748     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652791 [Redact] [Redact]   31090793     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652791 [Redact] [Redact]   31090794     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to Receive a Copy Appraisal disclosure is not provided.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652791 [Redact] [Redact]   31090795     Compliance Compliance State Compliance State Late Charge [Redact] First Lien Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 10 days is less than the state minimum of 15 days. Note grace period of 10 days is less than the state minimum of 15 days.       Buyer Comment (2024-05-06): Acknowledged as non-material.
     05/06/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652791 [Redact] [Redact]   31090796     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client


Buyer Comment (2024-05-04): Per guides, Personal Identification for any Guarantor (Driver's License, Passport, Green Card, or other government issued photo identification acceptable" and Background Reports / Fraud Screens required. Driver's license in file. Please clear
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
221652794 [Redact] [Redact]   31090812     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652794 [Redact] [Redact]   31090814     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652794 [Redact] [Redact]   31090815     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221652795 [Redact] [Redact]   31090816     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Patriot Act Disclosure is missing.       Reviewer Comment (2024-05-06): Not required, per client
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090817     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090818     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. "Right to Receive a Copy" appraisal is not provided in loan file.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090819     Compliance Compliance State Compliance State Late Charge [Redact] First Lien Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 10 days is less than the state minimum of 15 days. Note grace period of 10 days is less than the state minimum of 15 days.       Buyer Comment (2024-05-06): Acknowledged as non-material.
     05/06/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090821     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Verification of Identification not provided   Verification of Identification is missing.       Reviewer Comment (2024-05-16): License provided


Buyer Comment (2024-05-15): ID
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090822     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Missing proof of rent or security deposit for lease provided for subject property.       Reviewer Comment (2024-05-16): Security deposit provided


Buyer Comment (2024-05-15): Rent Receipt
 05/16/2024     1 C A C A C A C A D A   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652795 [Redact] [Redact]   31090823     Credit Credit Miscellaneous Guideline Credit Exception:   Subject is a refinance and vacant. Per guidelines a lease is required. However Fully vacant refinances are permissible if the subject property is coming off of recent renovations (completion of renovations within 90 days of loan's closing date). Verification/Documentation of renovations must be obtained. Please document renovation verification per guidelines requirements       Reviewer Comment (2024-05-17): there is a lease in the file that starts on [Redact], and the note date is [Redact], ok to clear.


Buyer Comment (2024-05-16): Per appraisal page 177 D0016 reflects " The subject was last purchase on [Redact] for [Redact] since the last sale,
the subject has been renovated T/O. Renovations included but not limited to new kitchen , new bath, new floor coverings T/O. Etc. Total cost of renovations per owner was [Redact].   This would show the renovations where within 90 days of purchase. Please advise.  Purchase date was [Redact] and appraisal date is [Redact].


Reviewer Comment (2024-05-16): This loan is a delayed purchase, purchase on [Redact] and this note date is [Redact]. The HUD for the purchase reflects the sales price to be [Redact]. The current value as of [Redact] is [Redact], which is a significant increase from [Redact] to [Redact]. The appraisal states the subject was remodeled on less than 1 year ago, kitchen and bathrooms.


Buyer Comment (2024-05-15): Per Lender : Appraisal shows C2 condition and recent updates.
 05/17/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Rate/Term   D B D A B B A A   N/A No
221652800 [Redact] [Redact]   31090852     Credit Compliance Miscellaneous Compliance Compliance Patriot Act Disclosure is missing - Missing Patriot Act Disclosure.       Reviewer Comment (2024-05-06): As per client and guidelines not showing required, cleared exception.
 05/06/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A   N/A No
221652800 [Redact] [Redact]   31090853     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Loan file is missing the evidence if the appraisal report was delivered to borrower 3 business days prior to consummation.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A B B A A   N/A No
221652800 [Redact] [Redact]   31090854     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to Receive a Copy of appraisal is not provided in loan file.       Buyer Comment (2024-05-28): Lender acknowledged non material EV2.


Buyer Comment (2024-05-28): LOE
     05/28/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C A B B A A   N/A No
221652800 [Redact] [Redact]   31090855     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Missing Articles of Origination for borrowing entity [Redact].       Reviewer Comment (2024-05-16): Articles of Organization/Formation provided, cleared exception.


Buyer Comment (2024-05-15): Articles
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A   N/A No
221652800 [Redact] [Redact]   31090856     Credit Credit Miscellaneous Guideline Credit Exception:   per guidelines for refinance loans, Single family properties must be leased at the time of closing and the borrower must provide evidence that the property has been leased and rent has been collected within last two months, missing.       Reviewer Comment (2024-05-16): Reviewed and confirmed recent renovations completed on subject and commented on 1004, cleared exception.


Buyer Comment (2024-05-15): Per Lender: Per Guidelines, Fully vacant refinances are permissible if the subject property is coming off of recent renovations (completion of renovations within 90 days of loan's closing date). Please review appraisal showing recent updates, and rehab budget on file.
 05/16/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C A B B A A   N/A No
221656427 [Redact] [Redact]   31110406     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Buyer Comment (2024-07-16): Initial and Final Grade B, accepted
     07/16/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Non QM Non QM Yes
221656427 [Redact] [Redact]   31110996     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.               07/12/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221657651 [Redact] [Redact] [Redact] 31100594     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221657704 [Redact] [Redact] [Redact] 31100851     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-07-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-26): (Rate Lock) Original collateral/Note sent [Redact] via [Redact] [Redact]
 07/31/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   A A A A A A A A Non QM Non QM No
221657704 [Redact] [Redact] [Redact] 31197740     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was  last disclosed as [Redact] on LE but disclosed as [Redact] on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2024-07-25): Sufficient Cure Provided At Closing
   07/25/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221658091 [Redact] [Redact] [Redact] 31101457     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-19): Collateral delivered [Redact] via [Redact] tracking [Redact]
 08/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A A A     C A   N/A No
221658091 [Redact] [Redact] [Redact] 31374366     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal was made subject to and 442 is not in images.       Reviewer Comment (2024-08-16): Received LOE with picture of removal of Stove. Exception Cleared.


Seller Comment (2024-08-15): appraisal
 08/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A A A     C A   N/A No
221658224 [Redact] [Redact] [Redact] 31101601     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-21): (Rate Lock) Tracking: [Redact]
 08/22/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221658224 [Redact] [Redact] [Redact] 31381585     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-08-15): Client elected to waive the condition on the Non-QM 1st lien
     08/15/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Non QM Non QM Yes
221658224 [Redact] [Redact] [Redact] 31387934     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.               08/15/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221658224 [Redact] [Redact] [Redact] 31387935     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               08/15/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
221658308 [Redact] [Redact] [Redact] 31101840     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221659145 [Redact] [Redact] [Redact] 31106993     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221659145 [Redact] [Redact] [Redact] 31286095     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement.       Reviewer Comment (2024-08-08): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-08-07): Guarantor Agreement.
 08/08/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221659145 [Redact] [Redact] [Redact] 31286492     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Please provide a copy of the tax cert used to calculate the annual taxes as the prelim title doesn't show the annual taxes.       Reviewer Comment (2024-08-08): Received Tax Cert. Exception Cleared.


Seller Comment (2024-08-07): Please see attached tax search.
 08/08/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221659150 [Redact] [Redact] [Redact] 31107091     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-16): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221659150 [Redact] [Redact] [Redact] 31374278     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Hazard Insurance Policy Effective Date [Redact]; Disbursement Date: [Redact]; Note Date: [Redact]; Transaction Date: [Redact]       Reviewer Comment (2024-08-27): Revised dec page provided


Seller Comment (2024-08-27): Please see attached insurance policy.
 08/27/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221664833 [Redact] [Redact] [Redact] 31124247     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): (Rate Lock) tracking: [Redact]
 09/03/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221670015 [Redact] [Redact] [Redact] 31126401     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-30): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 9:00 am.
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221670015 [Redact] [Redact] [Redact] 31232184     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-07-31): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-07-31): Please see attached business purpose certificate.
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   C A C A     A A   N/A No
221741044 [Redact] [Redact] [Redact] 31130429     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-20): Collateral delivered [Redact] via [Redact] tracking [Redact]
 08/21/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
221741044 [Redact] [Redact] [Redact] 31419477     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. The minimum DSCR is 1.00 and the calculated DSCR is 0.98.  The difference is due to the lender used the rental amount from the lease ([Redact]) and not the lessor amount of the Market Rent from the Comparable Rent schedule ([Redact]).  The guidelines do not allow the higher lease amount to be used to qualify on purchases. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].		 **Credit score 722 is 42 points above program minimum (680). SitusAMC,Aggregator

SitusAMC

SitusAMC		 Reviewer Comment (2024-08-28): Client elected to waive the condition with the following Compensating Factors:
**Credit score 722 is 42 points above program minimum (680).
**LTV 75 is 5 below program maximum (80).
**Net equity in REO ([Redact]) of [Redact].


Seller Comment (2024-08-28): exception
     08/28/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221741044 [Redact] [Redact] [Redact] 31419579     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - The file is missing the most recent two (2) months account statements.  The file only contained one months' statement with an end date of [Redact].  Provide an additional months' statement.       Reviewer Comment (2024-08-23): Additional months' statement provided


Seller Comment (2024-08-23): Please see attached bank statement.
 08/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221745945 [Redact] [Redact] [Redact] 31144627     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-05): (Rate Lock) [Redact]
 09/10/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221745945 [Redact] [Redact] [Redact] 31584802     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-09-04): Sufficient Cure Provided At Closing
   09/04/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221751996 [Redact] [Redact] [Redact] 31151990     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): (Rate Lock) bailee
 09/20/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221752147 [Redact] [Redact] [Redact] 31152657     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-22): (Rate Lock) tracking: [Redact]
 08/23/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221752147 [Redact] [Redact] [Redact] 31429013     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: ___		 The subject property is located in a FEMA disaster area. The appraisal was performed after the FEMA declaration start date but prior to the declared end date. Provide a post-disaster inspection dated after the declaration end date       Reviewer Comment (2024-08-29): Received PDI. Exception Cleared.


Seller Comment (2024-08-28): (Rate Lock) PDI
 08/29/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221760295 [Redact] [Redact] [Redact] 31153172     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221764085 [Redact] [Redact] [Redact] 31167780     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): collateral was delivered [Redact] via [Redact] tracking [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221764085 [Redact] [Redact] [Redact] 31657570     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing a copy of the Business Purpose Certificate.       Reviewer Comment (2024-09-18): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-17): business purpose
 09/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221764799 [Redact] [Redact] [Redact] 31169370     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221764926 [Redact] [Redact] [Redact] 31169697     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-19): (Rate Lock) Tracking: [Redact]
 08/19/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221767665 [Redact] [Redact] [Redact] 31175656     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-02): (Rate Lock) [Redact] shipped the wrong collateral, correct file coming under [Redact]


Seller Comment (2024-08-01): (Rate Lock) Gave the wrong tracking number originally, correct number: [Redact]


Seller Comment (2024-07-26): (Rate Lock) [Redact]
 08/06/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   A A A A     A A   N/A No
221767716 [Redact] [Redact] [Redact] 31175940     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): (Rate Lock) tracking: [Redact]
 09/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221767716 [Redact] [Redact] [Redact] 31572514     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Mortgagor Name(s) does not agree with Schedule SCH: [Redact]               ALL DOCS: [Redact]       Buyer Comment (2024-09-05): Waived on Rate Lock: Collateral cleared by Custodian
 09/05/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A A A A     A A   N/A No
221768147 [Redact] [Redact] [Redact] 31176601     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-20): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221768152 [Redact] [Redact] [Redact] 31176606     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-22): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221768153 [Redact] [Redact] [Redact] 31176607     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-21): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221773233 [Redact] [Redact] [Redact] 31180013     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-22): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 08/23/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221773233 [Redact] [Redact] [Redact] 31445822     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   Lender exception for waiver of Lease Agreement provided in loan file. Transaction is delayed financing and meets guidelines requirements. Client exception approval in loan file required a max LTV/CLTV of 70.00%; however the LTV/CLTV exceeds 70.00% due to the lower prior purchase price was used to calculate the LTV/CLTV..  Conditions not met to waive condition. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 *Credit score 763 is 43 points above program minimum (720).

*Post-close reserves [Redact] (3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-08-27): Client elected to waive the condition with the following compensating factors:
*Post-close reserves [Redact] (2.3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).
*Credit score 763 is 43 points above program minimum (720).
*Extensive credit depth since [Redact] (20+ years) including mortgage history since [Redact] (8 years) all paid as agreed.
     08/27/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221773233 [Redact] [Redact] [Redact] 31446724     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Per the guidelines, the LTV/CLTV must be calculated using the lessor of the purchase price or the appraised value.  The lower purchase price results in an LTV/CLTV > 70.00%. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 *Credit score 763 is 43 points above program minimum (720).

*Post-close reserves [Redact] (3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-08-27): Client elected to waive the condition with the following compensating factors:
*Post-close reserves [Redact] (2.3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).
*Credit score 763 is 43 points above program minimum (720).
*Extensive credit depth since [Redact] (20+ years) including mortgage history since [Redact] (8 years) all paid as agreed.
     08/27/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221773233 [Redact] [Redact] [Redact] 31446725     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Per the guidelines, the LTV/CLTV must be calculated using the lessor of the purchase price or the appraised value.  The lower purchase price results in an LTV/CLTV > 70.00%. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 *Credit score 763 is 43 points above program minimum (720).

*Post-close reserves [Redact] (3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-08-27): Client elected to waive the condition with the following compensating factors:
*Post-close reserves [Redact] (2.3x; subject [Redact]x12= [Redact]; other REO [Redact]; total [Redact]).
*Credit score 763 is 43 points above program minimum (720).
*Extensive credit depth since [Redact] (20+ years) including mortgage history since [Redact] (8 years) all paid as agreed.
     08/27/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221774118 [Redact] [Redact] [Redact] 31181709     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): (Rate Lock) tracking:[Redact]
 09/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221774118 [Redact] [Redact] [Redact] 31499840     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-08-26): Client elected to waive the condition on the Non-QM 1st lien
     08/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C B B B A A Exempt from ATR Exempt from ATR Yes
221774118 [Redact] [Redact] [Redact] 31500643     Credit Credit Miscellaneous Guideline Credit Exception:   Exception to allow master insurance policy with ACV on roof that is over 12 years old instead of guaranteed replacement cost and request to consider LLC vesting when the LLC Operating Agreement does not specify "for the management and ownership of real estate."  Lender exception approval in loan file. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has verified disposable income of at least [Redact].		 DTI: 22 where the maximum DTI is 50.

Post close reserves: [Redact] in stocks and retirement 385 months reserves where 3 months is required (128X)		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-26): Client elect to waive the condition with the following Compensating Factors:
DTI: 22 where the maximum DTI is 50.
Post close reserves: [Redact] in stocks and retirement 385 months reserves where 3 months is required (128X)
LTV of 70 where maximum is 80
     08/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221774118 [Redact] [Redact] [Redact] 31503250     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation from the seller confirming the condo is warrantable.  Note: the HOA questionnaire in file from the HOA is not acceptable.       Reviewer Comment (2024-09-04): Per the lender, the subject is a non-warrantable condo


Seller Comment (2024-09-03): (Rate Lock) I attached the Condo Questionnaire, Per the guidelines: Non-Warrantable Condominiums (condominiums that do not meet Fannie Mae warrantable guidelines) are allowed on [Redact] and [Redact] products only. A Full Review Condo Questionnaire is required.   This is an [Redact] product.
 09/04/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
221774154 [Redact] [Redact]   31186605     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact]. Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-25): Received RCE. Exception Cleared.


Seller Comment (2024-07-24): Agent Email
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221774156 [Redact] [Redact] [Redact] 31181807     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-14): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/15/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221774156 [Redact] [Redact] [Redact] 31349545     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing the copy of guarantor agreement.       Reviewer Comment (2024-08-14): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-08-13): guaranty
 08/14/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221774836 [Redact] [Redact] [Redact] 31182725     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221774966 [Redact] [Redact] [Redact] 31182803     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/03/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221774966 [Redact] [Redact] [Redact] 31531155     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-08-29): Guarantor Agreement provided


Seller Comment (2024-08-29): Guarantor Agreement
 08/29/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221775097 [Redact] [Redact] [Redact] 31183524     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-05): (Rate Lock) [Redact]
 09/10/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221777425 [Redact] [Redact] [Redact] 31188358     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-22): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221778123 [Redact] [Redact] [Redact] 31190359     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): collateral was delivered [Redact] via [Redact] tracking [Redact]
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221778123 [Redact] [Redact] [Redact] 31610284     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing a copy of the Guarantor Agreement.       Reviewer Comment (2024-09-10): Guarantor Agreement provided


Seller Comment (2024-09-10): Guarantor Agreement
 09/10/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221778312 [Redact] [Redact] [Redact] 31190629     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-16): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221782906 [Redact] [Redact] [Redact] 31194875     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221782906 [Redact] [Redact] [Redact] 31497999     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.04 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.15.  Note, there is an approved lender exception form in file for this exception. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].		 FICO 807 where 700 is required (107 points)

Post close assets: [Redact] all in stocks205 months where 8 months is required (25X)		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-26): Client elected to waive the condition with the following Compensating Factors:
Credit Depth: Trade history dates to 2007  mortgage history from 2019 all credit paid as agreed.
FICO 807 where 700 is required (107 points)
Post close assets: [Redact] all in stocks205 months where 8 months is required (25X)
     08/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221789338 [Redact] [Redact] [Redact] 31204112     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221789338 [Redact] [Redact] [Redact] 31623495     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-09-12): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-09-11): Guarantor Agreement
 09/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221789539 [Redact] [Redact]   31204374     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.       Buyer Comment (2024-06-20): Acknowledged non material EV2.


Buyer Comment (2024-06-20): Tracking and Acknowledgement of receipt - not provided 3 business days prior to close.
     06/20/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221789539 [Redact] [Redact]   31204375     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. Right to Cancel was issued on incorrect form As per Title Report Beneficiary Shows [Redact] and  [Redact] where as New Lender shows [Redact] Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. H-8 Form must be used as lender is not the same as originating lender.       Reviewer Comment (2024-06-19): New Rescission provided using correct model form.


Buyer Comment (2024-06-17): NRTC
   06/19/2024   2 C B C B C B C B C B   [Redact] 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 C B C B C B A A Non QM Non QM Yes
221789539 [Redact] [Redact]   31204376     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Final CD cash-out of [Redact] is greater than Guideline total cash-out of [Redact]. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. [Redact] vs [Redact] SitusAMC,Originator Pre-Close,Originator,Aggregator Reviewer Comment (2024-07-03): Investor request to waive with compensating factors.


Buyer Comment (2024-07-03): Exception from [Redact].
     07/03/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221789539 [Redact] [Redact]   31204378     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Income calculation worksheet is missing       Reviewer Comment (2024-06-13): Income calculation worksheet received Exception cleared


Buyer Comment (2024-06-11): income worksheet
 06/13/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221789539 [Redact] [Redact]   31204379     Credit Credit Miscellaneous Guideline Credit Exception:   Missing verification the business is active, provide one of the following  evidence of current work,evidence of current business reciept , business website demonstrating acitvity supporting current business operations.       Reviewer Comment (2024-06-17): Received Busines website to verify business still active. Exception Cleared


Buyer Comment (2024-06-14): See attached


Reviewer Comment (2024-06-13): Method of Verification of the business require as per guideline listed as (one of the following:)
1. Evidence of current work (executed contracts or signed invoices)
2 .Evidence of current business receipts
3 Business website demonstrating activity supporting current business operations


Buyer Comment (2024-06-11): Verification
 06/17/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221789539 [Redact] [Redact]   31204380     Credit Credit Miscellaneous Guideline Credit Exception:   Business assets used to qualify missing a letter from the accountant of the business or an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business.       Reviewer Comment (2024-06-27): Business account A/c #[Redact]ded from qualification. Borrower have sufficient balance  from other asset to meet cash to close and reserve requirement. Exception Cleared


Buyer Comment (2024-06-25): Comment from lender: Hi, I am do not understanding the condition being requested. Has the loan program been changed and or % of business income? Loan Program underwritten to is 12 mo. Business Bank Statements 50% of business deposits used as monthly income. Reserves: 100% personal assets. I am sorry, please help me understand what is needed to clear this condition. Thank you, for your assistance here. This is a cash out refinance - funds are not being withdrawn


Reviewer Comment (2024-06-24): CPA letter in file do not confirm that the withdrawal of funds will not negatively impact the business or an underwriter cash flow analysis of the business balance sheet to confirm withdrawal of funds will not negatively impact the business. Exception Remains.


Buyer Comment (2024-06-20): Per lender : what funds they are talking about. We have personal assets for reserves and all large deposits have been sourced and verified and not from the business
 06/27/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221789549 [Redact] [Redact]   31204408     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2024-07-05): Appraisal delivery and original 1004 provided.


Buyer Comment (2024-07-01): Original appraisal report


Buyer Comment (2024-06-28): CDA (still pending receipt of original report from seller)


Reviewer Comment (2024-06-26): Received Appraisal delivery prior to report date. Required all original appraisal report. Exception Remains


Buyer Comment (2024-06-25): Appraisal delivery reports
 07/05/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B A A A B A A A   N/A No
221789568 [Redact] [Redact]   31204413     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2024-07-02): PCCD captured. exception cleared. liquidation sourced associated.


Buyer Comment (2024-07-02): Please refer to the attached [Redact] Acc Act for the [Redact] source.


Buyer Comment (2024-07-01): [Redact] [Redact] Transactions_[Redact] to [Redact]#[Redact] of liquidation


Reviewer Comment (2024-06-26): Received deposit receipts and wire confirmation for the amount transferred i.e. [Redact], [Redact] and [Redact], however source of deposits is missing. Additionally account number ending with #[Redact]  70% as per guideline liquidation proof is missing. Exception Remains.


Buyer Comment (2024-06-25): see attached
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221789568 [Redact] [Redact]   31204414     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2024-07-02): PCCD captured. exception cleared. liquidation sourced associated.


Buyer Comment (2024-07-01): [Redact] [Redact] Transactions_[Redact] to [Redact]#[Redact] of liquidation
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221789568 [Redact] [Redact]   31204415     Credit Credit Transaction Error Credit Transaction Error: Total Cash-out on a purchase transaction. Borrower is receiving total cash-out of ___ on a purchase transaction. PCCD received. borrower is getting cash back       Reviewer Comment (2024-07-08): Borrower Paid more than require updated resulting cash back. however actually borrower bring the cash for closing. PCCD listed Deposits amount made by borrower at closing.  Exception Cleared


Buyer Comment (2024-07-05): [Redact] #[Redact] proof.


Buyer Comment (2024-07-03): Per Lender: The borrower brought in more funds than required for the transaction, resulting in a minor excess amount of [Redact]. This minor adjustment aligns with regulatory guidelines for small discrepancies. Kindly review the explanation and confirm if there is a specific guideline for allowable discrepancies in cash back or if there are specific documents needed to address this issue. Thank you for your assistance.
 07/08/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221789569 [Redact] [Redact]   31204416     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bylaws not provided   Bylaw is missing for Business Entity " [Redact]".       Reviewer Comment (2024-06-26): Received Bye law and Certificate of Incorporation for "[Redact]". Exception Cleared.


Buyer Comment (2024-06-25): Bylaws
 06/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221789569 [Redact] [Redact]   31204417     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Corporate Resolution is Missing for [Redact].       Reviewer Comment (2024-06-26): Received Bye law and Certificate of Incorporation for "[Redact]". Exception Cleared.


Buyer Comment (2024-06-25): Corporate Resolution
 06/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221789569 [Redact] [Redact]   31204419     Credit Documents Missing Document Documents File does not contain documentation form lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2024-06-26): File had Condo/PUD warranty approval Form. Exception Cleared.


Buyer Comment (2024-06-25): Condo Rider
 06/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221789655 [Redact] [Redact] [Redact] 31204539     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-27): Collateral delivered [Redact] via [Redact] tracking [Redact]
 08/28/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221790872 [Redact] [Redact]   31213180     Compliance Compliance Federal Compliance GSE Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test.  Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]). Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of [Redact] is in excess of the investor allowable maximum of [Redact] of the Federal Total Loan Amount. Points and Fees total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact] (an overage of [Redact] or [Redact]).       Buyer Comment (2024-07-29): Initial and Final Grade B, accepted
     07/29/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Non QM Non QM Yes
221790872 [Redact] [Redact]   31217943     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ The "paid to" party for the processing fee on the final CD is "TBD".  Unable to complete the compliance testing.       Reviewer Comment (2024-07-30): PCCD and LOE provided correcting the "paid to" party.


Buyer Comment (2024-07-30): LOE


Reviewer Comment (2024-07-30): PCCD provided identifying the paid to party, but a LOE to the borrower accompanying the PCCD is required.  Condition remains


Buyer Comment (2024-07-30): Corrected CD
   07/30/2024   2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
221790875 [Redact] [Redact] [Redact] 31205627     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-07-29): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 8:52 am.
 08/01/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221790875 [Redact] [Redact] [Redact] 31225513     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-07-30): Guaranty agreement provided


Seller Comment (2024-07-30): guaranty doc
 07/30/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221794000 [Redact] [Redact] [Redact] 31212484     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-09): Collateral was delivered on [Redact] via [Redact] tracking number [Redact]
 08/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221794519 [Redact] [Redact] [Redact] 31214165     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): (Rate Lock) bailee and tracking
 09/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221798417 [Redact] [Redact] [Redact] 31219179     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): (Rate Lock) Bailee and tracking attached
 09/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221798417 [Redact] [Redact] [Redact] 31577629     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]). Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact].       Reviewer Comment (2024-09-04): Client elected to waive the condition on the Non-QM 1st lien
     09/04/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Exempt from ATR Exempt from ATR Yes
221803319 [Redact] [Redact] [Redact] 31228787     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): (Rate Lock) tracking: [Redact]
 09/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221803319 [Redact] [Redact] [Redact] 31498405     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-08-26): Client elected to waive the condition on the Non-QM 1st lien
     08/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C A B B A A Exempt from ATR Exempt from ATR Yes
221803319 [Redact] [Redact] [Redact] 31498412     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file was missing the [Redact] business bank statement, used to calculate the borrowers income.       Reviewer Comment (2024-09-12): Lender rebuttal states [Redact] statement not available or used to qualify.  12 months statements in file from [Redact]-[Redact] were used to qualify.


Seller Comment (2024-09-11): Attached LOE from Management.
 09/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
221805871 [Redact] [Redact] [Redact] 31230965     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-19): collateral delivered [Redact] via [Redact] tracking [Redact]
 08/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221805871 [Redact] [Redact] [Redact] 31373060     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   The HOI provided doesn't match the address on the note the city name and zip code is incorrect.       Reviewer Comment (2024-08-16): Received revised HOI. Exception Cleared.


Seller Comment (2024-08-15): hoi
 08/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221806081 [Redact] [Redact] [Redact] 31231479     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221806081 [Redact] [Redact] [Redact] 31623896     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             09/10/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221806187 [Redact] [Redact] [Redact] 31231534     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-05): (Rate Lock) [Redact]
 09/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
221806187 [Redact] [Redact] [Redact] 31571571     Compliance Compliance Federal Compliance GSE FNMA Points and Fees FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of [Redact] of the Original Loan Amount and [Redact] (2024). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2024) (an overage of [Redact] or [Redact]).         Reviewer Comment (2024-09-03): Client elected to waive the condition on the Non-QM 1st lien
     09/03/2024 2 B B B B B B B B B B   [Redact] Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A A B B A A Exempt from ATR Exempt from ATR Yes
221806194 [Redact] [Redact] [Redact] 31231549     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-06): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 09/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221813363 [Redact] [Redact] [Redact] 31244129     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221813363 [Redact] [Redact] [Redact] 31611776     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. There is an approved lender exception in the file for the DSCR only being 1.03x Miscellaneous

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 FICO 759 where the minimum is 720 (39 points)

Pre Close assets of [Redact] All liquid. Post close assets of [Redact] where [Redact] is required (([Redact]*6)+([Redact]*2)). Pre close is 1.78X post close 8X.		 Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-09-09): Client elected to waive the condition with the following Customer Compensating Factors:
FICO 759 where the minimum is 720 (39 points)
Pre Close assets of [Redact] All liquid. Post close assets of [Redact] where [Redact] is required (([Redact]*6)+([Redact]*2)). Pre close is 1.78X post close 8X.
Property management and landlord experience. 15 years in primary residence and 5 investment properties owned
     09/09/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221813363 [Redact] [Redact] [Redact] 31612660     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-09-10): Guarantor Agreement provided


Seller Comment (2024-09-10): Guarantor Agreement
 09/10/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
221814250 [Redact] [Redact] [Redact] 31248363     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-06): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 09/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221819217 [Redact] [Redact]   31258263     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Require supporting documentation Mortgage Statement If Escrowed or Tax, Insurance & HOA verification to verify the borrower ownership & mortgage status on the REO.       Reviewer Comment (2024-07-19): Revised insured dec page provided with no additional lienholder provided.


Buyer Comment (2024-07-19): Please see attached.


Reviewer Comment (2024-07-19): Updated: 1003 reflects free and clear, insurance docs recently provided reflect additional lender interest. DTI is low. Document free and clear or provide evidence of any obligation so DTI can be tested for compliance with guidelines.


Reviewer Comment (2024-07-09): Received same document, lender commented to disregard. Exception Remains


Buyer Comment (2024-07-05): Please disregard upload from [Redact] 8:38am.


Buyer Comment (2024-07-05): reo


Reviewer Comment (2024-07-05): Received same document Tax and insurance verification which shows owner as Business entity, provide Mortgage statement to confirm P&I cover by Business entity as Insurance document shows Mortgage clause of [Redact].. Exception Remains


Buyer Comment (2024-07-02): REO


Reviewer Comment (2024-06-24): Received Insurance verification shows Insured as Business entity with mortgage clause [Redact]. Provide evidence of property being free and clear or evidence property P&I covered by Business.


Buyer Comment (2024-06-20): [Redact] REO Docs


Reviewer Comment (2024-06-18): Tax verification received, still missing insurance verification (LOX if n No insurance on the property) and proof of property is being Free and clear. Exception remains


Buyer Comment (2024-06-14): REO Documents
 07/19/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
221819217 [Redact] [Redact]   31258265     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   The VOM for the subject property was not provided.       Reviewer Comment (2024-06-18): Received VOM for subject property Exception Cleared


Buyer Comment (2024-06-14): VOM
 06/18/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
221819217 [Redact] [Redact]   31258267     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-06-10): Sufficient Cure Provided At Closing
   06/10/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
221819217 [Redact] [Redact]   31258268     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Compliance Audit / Quality Control Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient Cure Provided At Closing       Reviewer Comment (2024-06-10): Sufficient Cure Provided At Closing
   06/10/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
221819217 [Redact] [Redact]   31258269     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Insufficient amount [Redact]. Dwelling coverage does not cover the loan amount.       Reviewer Comment (2024-07-10): LOX for the RCE provided. Coverage is sufficient.


Buyer Comment (2024-07-09): LOX


Reviewer Comment (2024-06-28): The coverage amount is [Redact] and the Replacement Cost Estimate is [Redact], and that includes debris removal. Without debris removal it's [Redact]. We include the debris removal so the shortfall is [Redact].


Buyer Comment (2024-06-26): RCE


Reviewer Comment (2024-06-19): available replacement cost estimator shows total rebuild cost  of [Redact] where as coverage provided [Redact] which is less than RCE amount, additionally, RCE (Doc ID 00079) available shows Subject address "[Redact]"  instead of "[Redact]". confirm is it type error,? if not require update RCE. Exception remains


Buyer Comment (2024-06-17): HOI
 07/10/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
221819217 [Redact] [Redact]   31258270     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. The file is missing a valid Change of Circumstance for the increase in Recording fees.  No cure provided.       Reviewer Comment (2024-06-17): [Redact] received VCC for increase in fee due to deed.


Buyer Comment (2024-06-14): COC
 06/17/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
221819217 [Redact] [Redact]   31258271     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Cure provided at closing.  This exception will be cleared when all other tolerance issues have been resolved.       Reviewer Comment (2024-06-17): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.
 06/17/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
221819217 [Redact] [Redact]   31258272     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Compliance Audit / Quality Control Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. The file is missing a valid Change of Circumstance for the increase in Compliance fees. No cure provided.       Reviewer Comment (2024-06-17): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.
 06/17/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
221819229 [Redact] [Redact]   31258329     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an Amount Financed disclosed an inaccurate Amount Financed.  The disclosed Amount Financed in the amount of [Redact] is under disclosed by [Redact] compared to the calculated Amount Financed of [Redact] 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 [Redact]). Amount Financed disclosed is [Redact] Calculated Amount Financed is [Redact] Variance of [Redact]. Exam fee  [Redact] and QC fee [Redact] section H not considered in compliance report testing.       Reviewer Comment (2024-06-28): Upon further review amount financed was correctly disclosed to consumer
 06/28/2024     1 C A C A C A C A C A   [Redact] Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C A C A C A A A Non QM Non QM Yes
221819229 [Redact] [Redact]   31258330     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of [Redact] is under disclosed by [Redact] compared to the calculated Finance Charge of [Redact] which exceeds the [Redact] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [Redact]). Finance Charge disclosed is [Redact] Calculated finance charge is [Redact] Variance of -[Redact].       Reviewer Comment (2024-06-28): Upon further review finance charge was correctly disclosed to consumer


Buyer Comment (2024-06-28): PCCD


Buyer Comment (2024-06-28): LOE
 06/28/2024     1 C A C A C A C A C A   [Redact] 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 if Applicable C A C A C A A A Non QM Non QM Yes
221819229 [Redact] [Redact]   31258331     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2024-06-27): E-sign Consent Sent on [Redact] as per disclosure summary. Exception Cleared


Buyer Comment (2024-06-25): Document Summary and details
 06/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
221819307 [Redact] [Redact]   31258474     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bylaws not provided   Missing Bylaws/Operating agreement for [Redact]       Reviewer Comment (2024-07-02): Received Bylaw document. exception cleared.


Buyer Comment (2024-06-29): Bylaws per guidelines not required, see docs uploaded
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819307 [Redact] [Redact]   31258475     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing Certificate of Good Standing for [Redact]       Reviewer Comment (2024-07-02): Received Certificate of Good Standing document provided . exception cleared.
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819307 [Redact] [Redact]   31258476     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Missing Corporate Resolution signed by all members of [Redact]       Reviewer Comment (2024-06-28): Corporate resolution provided.


Buyer Comment (2024-06-26): CR
 06/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819307 [Redact] [Redact]   31258477     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Incorporation not provided   Missing Articles of Organization for [Redact]       Reviewer Comment (2024-07-02): Received Bylaw document & Articles of Incorporation. exception cleared.


Buyer Comment (2024-06-29): See attached
 07/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819307 [Redact] [Redact]   31258478     Credit Credit Miscellaneous Guideline Credit Exception:   Missing business purpose cert.       Reviewer Comment (2024-06-27): Business purpose certificate received Exception Cleared


Buyer Comment (2024-06-25): BP
 06/27/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819307 [Redact] [Redact]   31258480     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Final settlement statement and evidence of funds received from [Redact] not provided. Only a LE was provided       Reviewer Comment (2024-06-27): Final Settlement statement received. Exception cleared


Buyer Comment (2024-06-25): settlement statement
 06/27/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221819308 [Redact] [Redact]   31258481     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2024-06-27): Delivery provided.


Buyer Comment (2024-06-26): Appraisal delivery
 06/27/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B A A A B A A A   N/A No
221819309 [Redact] [Redact]   31258485     Compliance Compliance State Compliance State Late Charge [Redact] First Lien Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 5 days is less than the state minimum of 15 days.         Buyer Comment (2024-06-03): Acknowledged as non-material.
     06/03/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221819309 [Redact] [Redact]   31258486     Compliance Compliance State Compliance State Late Charge [Redact] First Lien Late Charge Percent Testing [Redact] Late Charge: Note late charge percent of [Redact] exceeds the state maximum of 4%.         Buyer Comment (2024-06-03): Acknowledged as non-material.
     06/03/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A   N/A No
221819309 [Redact] [Redact]   31258487     Credit Credit Miscellaneous Guideline Credit Exception:   Provide a letter of explanation and documentation to support the large deposits in the [Redact] checking account:
[Redact] [Redact], [Redact] [Redact], [Redact] [Redact] and [Redact] in the amount of [Redact].		       Reviewer Comment (2024-06-10): Deposit receipt Received confirmed borrower Redeemed Government Bond. Exception Cleared


Buyer Comment (2024-06-06): Per lender : The deposits are not loans or stocks, they are bonds/United States Government Securies that the borrower redeemed. They do not issue a monthly statement for this. The document shows the security is owned by the borrower, and the value and redemption value is on the documents


Reviewer Comment (2024-06-04): Received Wire Document of Large Deposit, however require full  Statement for A/c #[Redact]w the actual source of Fund as it shows Security Redeemed. is loan or Borrower Stock liquidated??. Exception Remain


Buyer Comment (2024-06-03): See attached
 06/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A   N/A No
221820430 [Redact] [Redact]   31259718     Compliance 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 once all QM specific exceptions have been cured/cleared.       Reviewer Comment (2024-07-12): Third party provided.


Reviewer Comment (2024-06-12): One Open Exception for Income Documents. Based on the Income/Employment LOE document D0359, Borrower prepared P&L is also acceptable. Exception Remains.


Buyer Comment (2024-06-10): Please Review


Reviewer Comment (2024-06-06): See other open conditions needing addressed.


Buyer Comment (2024-06-04): All QM Conditions have been cleared.
 07/12/2024     1 B A C A B A C A B A   [Redact] Second Home Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
221820430 [Redact] [Redact]   31259719     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Employment - Schedule C General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. Missing 3rd party verification for schedule C income.       Reviewer Comment (2024-06-03): Third party verification provided.


Buyer Comment (2024-06-01): this shows he is an attorney - his schd C business is being an attorney - what else do you need?


Reviewer Comment (2024-05-28): Received 3rd Party Verification for the S-Corporation i.e. [Redact], however still required 3rd Party Verification for [Redact]-Schedule C business.


Buyer Comment (2024-05-23): 3rd party verification
 06/03/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
221820430 [Redact] [Redact]   31259720     Compliance 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 [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. Business Extension for 2023 provided. This is EV2 informational exception due to most recent tax return for 2023 is missing. This may be acknowledged.       Buyer Comment (2024-05-23): EV2; personal and business extensions for 2023 provided in file
     05/23/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
221820430 [Redact] [Redact]   31259723     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ 2023 & 2022 4506-C is missing for Co-Borrower [Redact]., 2024 YTD and 2023 year end signed P&L for schedule C income source  alogn wth balance sheets and third party verification for Borrower [Redact] for Sch-C Business. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. 18 vs 9 SitusAMC,Aggregator Reviewer Comment (2024-07-12): Investor approved to waive with compensating factors.


Buyer Comment (2024-07-12): Please see attached.


Buyer Comment (2024-07-12): Please see LOX from CPA


Reviewer Comment (2024-06-11): Based on the Income/Employment LOE document D0359, Borrower prepared P&L is also acceptable. Exception Remains.


Buyer Comment (2024-06-07): Income/Employment LOE


Reviewer Comment (2024-06-05): Require YTD 2024 & Year End 2023 P&L Statement aligned with Balance Sheet for Borrower [Redact] Sch C Business "[Redact]". Exception remains.


Buyer Comment (2024-06-04): Was the third-party verification sufficient to clear the condition?


Reviewer Comment (2024-06-03): Third party verification provided.


Buyer Comment (2024-06-01): See additional doc uploaded [Redact]. Per Lender: this shows he is an attorney - his schd C business is being an attorney - what else do you need?


Reviewer Comment (2024-05-24): Received 4506-C and third party Verification for S-Corp business Require 2024 YTD and 2023 year end signed P&L for schedule C income source Along wth balance sheets and third party verification for Borrower [Redact] for Sch-C Business. Exception Remains.


Buyer Comment (2024-05-23): Verification of business


Buyer Comment (2024-05-23): 4506C
     07/12/2024 2 C B C B C B C B C B   [Redact] Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
221820430 [Redact] [Redact]   31259724     Credit Credit Miscellaneous Guideline Credit Exception:   Provide 2024 YTD signed/dated P&L for S-Corp Business" [Redact]" with corrected as of date as provided P&L listed as of date [Redact] to [Redact].       Reviewer Comment (2024-06-03): LOX provided


Buyer Comment (2024-05-30): Signed LOX


Reviewer Comment (2024-05-30): Provide LOX confirming as of date of P&L. [Redact] is document date does not define as of date. Exception Remains.


Buyer Comment (2024-05-28): Lender's response: The 2024 P&L has a date printed on top left of [Redact] and we can assume figures are thru that date - does borrower have to do anything on this as it is reasonable that the income and liab are thru that date and not all of 2024 since the year is not over - can we get this condition waived please?
 06/03/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
221822035 [Redact] [Redact] [Redact] 31260042     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): Collateral delivered [Redact] via [Redact] tracking number [Redact].
 09/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221822243 [Redact] [Redact] [Redact] 31261120     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-27): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/28/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Home Improvement   A A A A     A A   N/A No
221822245 [Redact] [Redact] [Redact] 31261146     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): (Rate Lock) bailee
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A A A A A Exempt from ATR Exempt from ATR No
221822248 [Redact] [Redact] [Redact] 31261219     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-06): (Rate Lock) Collateral Tracking: [Redact]
 08/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221826156 [Redact] [Redact] [Redact] 31268415     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-26): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 08/27/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221826156 [Redact] [Redact] [Redact] 31451828     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount.             08/22/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221827116 [Redact] [Redact] [Redact] 31268891     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221827302 [Redact] [Redact] [Redact] 31269310     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221829408 [Redact] [Redact] [Redact] 31277471     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/11/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Limited Cash-out GSE   A A A A     A A   N/A No
221829434 [Redact] [Redact] [Redact] 31277605     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-30): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/02/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221829434 [Redact] [Redact] [Redact] 31519910     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount.             08/28/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221829470 [Redact] [Redact] [Redact] 31277901     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): collateral was delivered [Redact] via [Redact] tracking [Redact]
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221829470 [Redact] [Redact] [Redact] 31610518     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The commitment title report in file disclosed [Redact] of title insurance Coverage; however, this is less than the loan amount of [Redact].             09/09/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221829470 [Redact] [Redact] [Redact] 31610527     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-09-23): Received RCE. Exception Cleared.


Seller Comment (2024-09-20): rce
 09/23/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
221834152 [Redact] [Redact] [Redact] 31286452     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-13): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221836243 [Redact] [Redact]   31289047     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. TRID Final Closing Disclosure did not marked the reason.       Reviewer Comment (2024-07-31): [Redact] Received Corrected PCCD and LOE.


Buyer Comment (2024-07-30): LOE


Reviewer Comment (2024-07-30): [Redact] received PCDC. Missing LOE to borrower.


Buyer Comment (2024-07-29): PCCD
   07/31/2024   2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
221836243 [Redact] [Redact]   31289048     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by [Redact] due to increase of Recording and Notary fees. No valid COC provided, nor evidence of cure in file.       Reviewer Comment (2024-07-31): [Redact] Received PCCD and LOE moving fee to section C as borrower shopped for services.


Buyer Comment (2024-07-30): Please see uploaded LOE


Reviewer Comment (2024-07-30): [Redact] received PCDC. Missing LOE to borrower.


Buyer Comment (2024-07-29): Please see uploaded PCCD  (pending receipt of LOE)
 07/31/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
221836244 [Redact] [Redact]   31289053     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2024-07-25): Appraisal Delivery Evidence Received. Exception Cleared


Buyer Comment (2024-07-23): Appraisal delivery
 07/25/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289054     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Buyer Comment (2024-07-29): Lender acknowledged non material EV2


Buyer Comment (2024-07-29): LOE


Reviewer Comment (2024-07-26): Received appraisal delivery for primary appraisal. Exception raised for secondary report dated [Redact]. Exception Remains


Buyer Comment (2024-07-24): Please see uploaded delivery
     07/29/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289055     Compliance Compliance Federal Compliance FACTA FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. FACTA Disclosure is missing       Reviewer Comment (2024-07-25): FACTA Disclosure Received. Exception cleared


Buyer Comment (2024-07-23): FACTA disclosure
 07/25/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289056     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2024-07-25): Credit report received along with FACTA Disclosure received. Exception cleared
 07/25/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
221836244 [Redact] [Redact]   31289057     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Credit History Ability to Repay (Dodd-Frank 2014): Unable to verify debt obligations using reasonably reliable third-party records. Borrower Credit Report is missing to verify FICO score       Reviewer Comment (2024-07-25): Credit report received along with FACTA Disclosure received. Exception cleared
 07/25/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289059     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2024-07-25): Credit report received along with FACTA Disclosure received. Exception cleared
 07/25/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289060     Compliance Compliance State Compliance State Defect South Carolina Home Loan (Complaint Agency Disclosure Not Provided) [Redact] Home Loan: Borrower not provided with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan. [Redact] CHL Complaint Agency Disclosure is missing       Reviewer Comment (2024-07-25): Signed [Redact] Complaint disclosure received. Exception cleared


Buyer Comment (2024-07-23): [Redact] Complaint disclosure
 07/25/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289062     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit Report is missing       Reviewer Comment (2024-07-25): received Credit report along with Facta disclosure. Exception cleared


Buyer Comment (2024-07-23): Credit report
 07/25/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836244 [Redact] [Redact]   31289063     Credit Credit Miscellaneous Guideline Credit Exception:   [Redact] (Investment) housing history missing due to the Credit report missing.       Reviewer Comment (2024-07-25): Received Credit report with Last Activity date of [Redact] of Primary Mortgage Account #[Redact] cleared


Buyer Comment (2024-07-23): Credit


Buyer Comment (2024-07-23): Mtg statement
 07/25/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D A C B A A Non QM Non QM No
221836245 [Redact] [Redact]   31289066     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan. The final CD disclosed the Amount of Total Property Costs over Year 1 as [Redact] on page 4; however the annual taxes [Redact] and homeowners insurance [Redact] total are [Redact] per year.  Final CD reflects Estimated Taxes, Insurance & Assessments of [Redact] monthly,  page 4 and Estimated Taxes, Insurance & Assessments on page 1; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2024-07-23): [Redact] Received PCCD and LOE.


Buyer Comment (2024-07-22): PCCD


Buyer Comment (2024-07-22): LOE
   07/23/2024   2 C B C B C B C B C B   [Redact] Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
221836245 [Redact] [Redact]   31289067     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. The final CD disclosed the Amount of Total Property Costs over Year 1 as [Redact] on page 4; however the annual taxes [Redact] and homeowners insurance [Redact] total are [Redact] per year.  Final CD reflects Estimated Taxes, Insurance & Assessments of [Redact] monthly,  page 4 and Estimated Taxes, Insurance & Assessments on page 1; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2024-07-23): [Redact] Received PCCD and LOE.


Buyer Comment (2024-07-22): Please see uploaded LOE and PCCD
   07/23/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
221836245 [Redact] [Redact]   31289069     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of  on Final Closing Disclosure provided on [Redact] are underdisclosed The final CD disclosed the Amount of Escrowed Property Costs over Year 1 as [Redact] on page 4; however the Property Taxes ([Redact]), Insurance ([Redact]) and HOA ([Redact]) total [Redact] per year.       Reviewer Comment (2024-07-23): [Redact] Received PCCD and LOE.


Buyer Comment (2024-07-22): Please see uploaded LOE and PCCD
   07/23/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
221836245 [Redact] [Redact]   31289070     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established. The final CD disclosed the Amount of Escrowed Property Costs over Year 1 as [Redact] on page 4; however the Property Taxes ([Redact]), Insurance ([Redact]) and HOA ([Redact]) total [Redact] per year.       Reviewer Comment (2024-07-23): [Redact] Received PCCD and LOE.


Buyer Comment (2024-07-22): Please see uploaded LOE and PCCD
   07/23/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
221836245 [Redact] [Redact]   31289072     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   One full appraisal is required on all loans. Two full appraisals are required for loan amounts > [Redact] Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-17): Exception provided. Compensating factors are: 806 where the minimum FICO is 680, DTI is 31% where the max is 50%, reserves [Redact], 19 months where 6 months is required.


Buyer Comment (2024-07-15): Exception approved from [Redact].
     07/17/2024 2 D B D B D B D B D B   [Redact] Primary Purchase   D B D B C B A A Non QM Non QM No
221836274 [Redact] [Redact]   31289094     Credit Credit Credit Documentation Credit No evidence of fraud report in file - No evidence of fraud report in file.       Reviewer Comment (2024-07-12): Fraud report received for both borrowers. Exception cleared


Buyer Comment (2024-07-10): Fraud
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289096     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - Project Approval is not required for a detached condo.       Reviewer Comment (2024-07-09): Per client not required for site.


Buyer Comment (2024-07-09): Please remove - not required
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289097     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC document is missing.       Reviewer Comment (2024-07-15): Fraud with OFAC received. Exception Cleared


Buyer Comment (2024-07-12): fraud with OFAC
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289098     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report document is missing.       Reviewer Comment (2024-07-09): Duplicate exception


Buyer Comment (2024-07-09): Please remove - duplicate
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289099     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Employer Identification Number (EIN) is missing.       Reviewer Comment (2024-07-19): Received EIN for [Redact]. Exception Cleared


Buyer Comment (2024-07-17): EIN
 07/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289100     Credit Missing Document General Missing Document Missing Document: Condo/PUD Warranty not provided   Project Approval is not required on a detached condo.       Reviewer Comment (2024-07-09): Per client not required for site.


Buyer Comment (2024-07-09): Please remove - not required
 07/09/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836274 [Redact] [Redact]   31289101     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   Background Check is missing.       Reviewer Comment (2024-07-12): Fraud Report received Exception cleared
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836275 [Redact] [Redact]   31289105     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  No Document Used For Fee Testing Non Material Missing Final HUD-1.  No document containing fees provided.  Any applicable Federal, State or Local compliance testing is unreliable.  Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. Missing Final HUD-1: No Document Used For Fee Testing Non Material. Closing Disclosure, Closing Statement or HUID-1 is missing for the subject property.       Reviewer Comment (2024-08-01): Final HUD-1 provided.


Reviewer Comment (2024-08-01): .


Buyer Comment (2024-06-28): Acknowledged non material
 08/01/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   C A C A B A A A   N/A No
221836275 [Redact] [Redact]   31289107     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Closing Disclosure, Closing Statement or HUD-1 is missing for the subject property.       Reviewer Comment (2024-07-18): Received updated Closing Statement. exception cleared


Buyer Comment (2024-07-16): Buyer HUD


Reviewer Comment (2024-07-10): Closing Statement received but missing borrower fees and payment due from borrower. required updated closing statement detailing both buyer and seller fees and payment. exception remains.


Buyer Comment (2024-07-08): HUD
 07/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A B A A A   N/A No
221836277 [Redact] [Redact]   31289112     Compliance Compliance State Compliance State Defect [Redact] SB270 Prepayment Penalty Test 2009 Investment Test [Redact] SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.         Buyer Comment (2024-06-28): Acknowledged non material
     06/28/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   A B A A A B A A   N/A No
221836279 [Redact] [Redact]   31289116     Credit Credit Credit Documentation Credit There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan.   Lease Agreement for the subject property [Redact] is missing.       Reviewer Comment (2024-07-05): Received 1008. Subject is Short Term Rental MaxEx Allows for use of 12 months average -> UW used Market Rent to be conservative. Exception Cleared.


Buyer Comment (2024-07-02): LOX on the 1008
 07/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
221836279 [Redact] [Redact]   31289117     Credit Credit Miscellaneous Guideline Credit Exception:   Rider-PUD is not there on loan and Security Instrument does not reflect Rider-PUD in file. However 1004 reflects PUD and HOA. HOA not considered by the lender.       Reviewer Comment (2024-07-25): Received an updated 1003 and Rider-PUD. Exception Cleared


Buyer Comment (2024-07-23): Please see attached letter of intent with executed pud rider


Reviewer Comment (2024-07-12): Require Executed copy of PUD rider, provided in the file is not signed. Exception Remains


Buyer Comment (2024-07-10): Updated 1003, please clarify what you mean by " expected copy require for PUD rider"?


Reviewer Comment (2024-07-10): Expected Copy require for PUD rider, additionally updated Final 1003 PCCD with HOA amount included. Exception Remains


Buyer Comment (2024-07-08): Letter of intent to re-record DOT to include PUD Rider
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
221836279 [Redact] [Redact]   31289118     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   EIN is missing for the business [Redact].       Reviewer Comment (2024-07-05): Received LOX stating SSN number use as the Employer Identification Number however. Exception cleared.


Buyer Comment (2024-07-02): LOX
 07/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
221836279 [Redact] [Redact]   31289119     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement is missing for the business [Redact].       Reviewer Comment (2024-07-10): Guarantor Agreement received Exception cleared


Buyer Comment (2024-07-08): Guarantor agreement
 07/10/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
221836281 [Redact] [Redact]   31289121     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to Receive Copy of Appraisal missing       Reviewer Comment (2024-07-15): Right to received copy of appraisal at the time of application received. Exception cleared


Buyer Comment (2024-07-11): Right to Receive disclosure
 07/15/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289122     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Require Operating Agreement/Corporation Resolution for [Redact].       Reviewer Comment (2024-07-26): Received Corporate Resolution for  [Redact].. and Bylaw Provided in file for as borrower is incorporation. Exception Cleared


Buyer Comment (2024-07-26): Agreement
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289124     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Require updated tax certificate reflect County and School Tax.       Reviewer Comment (2024-07-15): Subject Property tax cert received. Exception cleared


Buyer Comment (2024-07-12): Tax Cert
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289125     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Title Preliminary not provided   Missing Title Preliminary/Commitment.       Reviewer Comment (2024-07-15): Title Commitment received. Exception cleared


Buyer Comment (2024-07-12): Title
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289126     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   Missing Title Preliminary/Commitment.       Reviewer Comment (2024-07-15): Title Commitment received. Exception cleared


Buyer Comment (2024-07-12): Title commitment
 07/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289128     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Secondary Valuation Report required for the subject property address. CU score missing.       Reviewer Comment (2024-07-22): Received secondary valuation. exception cleared.


Buyer Comment (2024-07-19): [Redact] Valuation


Buyer Comment (2024-07-19): LOX
 07/22/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289129     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report or Background report missing.       Reviewer Comment (2024-07-12): Received Fraud Report. Exception Cleared.


Buyer Comment (2024-07-10): Fraud
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289132     Credit Credit Miscellaneous Credit Missing Document: Credit Payoff Statement(s) not provided   Require Mortgage Loan Payoff Statement (Creditor:[Redact])       Reviewer Comment (2024-07-12): Received payoff statement. exception cleared.


Buyer Comment (2024-07-10): Payoff
 07/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836281 [Redact] [Redact]   31289133     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact]. Coverage must be at least the lessor of the Cost new from the appraisal or the loan amount.  Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-07-05): Received Hazard Policy dwelling covers the loan amount. exception cleared.


Buyer Comment (2024-07-02): HOI reflects coverage of [Redact] which covers the loan amount of [Redact]. Please clear
 07/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A B A D A   N/A No
221836282 [Redact] [Redact]   31289135     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Closing Protection Letter document is misisng.       Reviewer Comment (2024-07-18): CPL provided


Buyer Comment (2024-07-17): CPL
 07/18/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836282 [Redact] [Redact]   31289138     Credit Credit Miscellaneous Guideline Credit Exception:   Provide updated 1003 correcting Section 5 A. Currently indicates the Borrower will occupy the subject property as primary residence.       Reviewer Comment (2024-07-18): Updated 1003 provided.


Buyer Comment (2024-07-17): 1003
 07/18/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
221836284 [Redact] [Redact]   31289141     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A CU score was not provided. Provide a CDA.       Reviewer Comment (2024-07-19): CDA Received. Exception Cleared


Buyer Comment (2024-07-17): CDA
 07/19/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
221836284 [Redact] [Redact]   31289143     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence of Access to Funds is missing for the business account number ending with [Redact] "[Redact].       Reviewer Comment (2024-07-25): Not used Business account using Cashout proceed to meet reserve requirement. Exception Cleared


Buyer Comment (2024-07-23): See attached lender Cert for asset condition
 07/25/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
221836284 [Redact] [Redact]   31289144     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the payoff for the subject property.       Reviewer Comment (2024-07-22): Received payoff. exception cleared


Buyer Comment (2024-07-22): Payoff
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
221836285 [Redact] [Redact]   31289145     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The appraisal is dated [Redact] and the loan closed [Redact], which is not three days prior to consummation. If there is an earlier dated appraisal please provide it. Waiver not provided.       Reviewer Comment (2024-07-29): Attestation provided. Cleared


Buyer Comment (2024-07-26): See attached Attestation and please re-review - appraisal was completed and delivered 3 business days prior to close.


Buyer Comment (2024-07-25): Please re-review - Saturday is a business day for lender, delivery was prior to 3 business days


Reviewer Comment (2024-07-25): Received appraisal delivery evidence, however appraisal report is dated [Redact] which within 3 days of closing date therefor require   Appraisal timing waiver. Exception Remains


Buyer Comment (2024-07-23): Tracking showing borrower viewed and downloaded on [Redact]


Buyer Comment (2024-07-23): It appears this condition is invalid. [Redact] was on a Friday and [Redact] on Tuesday would have been the 3rd business day. Please advise.
 07/29/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B A A A B A A A   N/A No
221845547 [Redact] [Redact] [Redact] 31310822     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221846297 [Redact] [Redact] [Redact] 31311620     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221846297 [Redact] [Redact] [Redact] 31497859     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.             08/26/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221856552 [Redact] [Redact] [Redact] 31323309     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-06): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221857178 [Redact] [Redact] [Redact] 31324794     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-28): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-27): Collateral delivered [Redact] via [Redact] tracking [Redact]
 08/28/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
221858038 [Redact] [Redact] [Redact] 31325454     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221858038 [Redact] [Redact] [Redact] 31557350     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. There is an approved lender exception in the file, The borrower is a first time investor the DSCR is only1.05x the guidelines required 1.15x The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Client elect to waive with compensating factors:
60% LTV

Client elect to waive with compensating factors:[Redact] post closing reserves vs maximum required reserves of [Redact] (15 months for subject property)

Client elect to waive with compensating factors:- 792 FICO. 660 is minimum for product.		 SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-08-30): Client elect to waive with compensating factors:- 792 FICO. 660 is minimum for product, [Redact] post closing reserves vs maximum required reserves of [Redact] (15 months for subject property) and 60% LTV.
     08/30/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221858047 [Redact] [Redact] [Redact] 31325540     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): (Rate Lock) bailee and tracking
 09/12/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A A A A A Exempt from ATR Exempt from ATR No
221876211 [Redact] [Redact] [Redact] 31365866     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-04): (Rate Lock) [Redact]
 09/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221876211 [Redact] [Redact] [Redact] 31560702     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. -         Reviewer Comment (2024-09-12): Lender identified the condo is Non-Warrantable.  Documentation in file is sufficient to meet the guideline requirements for Non-Warrantable Condos.


Seller Comment (2024-09-11): We have the Condo Questionnaires, Per the guidelines: Non-Warrantable Condominiums (condominiums that do not meet Fannie Mae warrantable guidelines) are allowed on [Redact] and [Redact] products only. A Full Review Condo Questionnaire is required.   This is an [Redact] product.
 09/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A A A Exempt from ATR Exempt from ATR No
221878637 [Redact] [Redact] [Redact] 31368191     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221880141 [Redact] [Redact] [Redact] 31374432     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-29): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/02/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221880141 [Redact] [Redact] [Redact] 31499803     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-08-28): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-08-27): Business Purpose
 08/28/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221885901 [Redact] [Redact] [Redact] 31379529     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact]
 09/20/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221885901 [Redact] [Redact] [Redact] 31655991     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.             09/16/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221885901 [Redact] [Redact] [Redact] 31656015     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-09-20): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-19): Business purpose cert is attached.
 09/20/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221885901 [Redact] [Redact] [Redact] 31657195     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Lender exception approval in loan file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **Post-close reserves [Redact] (17x; subject [Redact]x15= [Redact]).

**Credit score 780 is 60 points above program minimum (720).		 Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-09-16): Client elected to waive the condition with the following Compensating Factors:
**Post-close reserves [Redact] (17x; subject [Redact]x15= [Redact]).
**LTV 50.80 is 24 below program maximum (75).
**Credit score 780 is 60 points above program minimum (720).
     09/16/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221892038 [Redact] [Redact] [Redact] 31388011     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-12): (Rate Lock) [Redact]
 09/16/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   A A A A A A A A Non QM Non QM No
221892038 [Redact] [Redact] [Redact] 31593282     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact]. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2024-09-05): Sufficient Cure Provided At Closing
   09/05/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221892893 [Redact] [Redact] [Redact] 31389274     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-05): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/06/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221892893 [Redact] [Redact] [Redact] 31571094     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement not provided.       Reviewer Comment (2024-09-05): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-09-04): guaranty
 09/05/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221892893 [Redact] [Redact] [Redact] 31571863     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact] Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-09-20): Received Replacement Cost Estimate. Exception Cleared.


Seller Comment (2024-09-19): hoi


Reviewer Comment (2024-09-06): Provide a copy of a revised policy/declaration page with increased coverage, or documentation from the insurance company verifying the policy has Guaranteed Replacement cost coverage.  Condition Remains.


Seller Comment (2024-09-05): [Redact] does not provide RCE's.
 09/20/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
221900084 [Redact] [Redact] [Redact] 31406172     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-11): (Rate Lock) bailee and tracking
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221900100 [Redact] [Redact] [Redact] 31406393     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221904549 [Redact] [Redact] [Redact] 31418423     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-16): collateral delivered [Redact] via [Redact] track [Redact]
 09/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221904549 [Redact] [Redact] [Redact] 31658369     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Upon further review, the subject is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration end date of [Redact].       Reviewer Comment (2024-09-20): Post-disaster inspection provided


Seller Comment (2024-09-20): disaster attestation
 09/20/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A A A A     A A   N/A No
221917911 [Redact] [Redact]   31442349     Credit Credit Miscellaneous Guideline Credit Exception:   Subject Property owned free and clear.  Borrower is a Foreign National with no primary housing expense.  Subject property taxes were delinquent and now paid current. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-12): Lender exception approval in file
     07/12/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
221917912 [Redact] [Redact]   31442351     Credit Insurance Insurance Documentation Insurance Missing Document: Hazard Dec Page not provided   Missing Blanket policy for subject property.  Blanket policy provided is missing Subject property address, borrower name, and Mortgagee clause       Reviewer Comment (2024-07-19): Lender guidelines permit as is.


Buyer Comment (2024-07-17): [Redact] G/L do not require this and is silent on this request since FNMA does not require the master policy reflect an update.  https://selling-guide.fanniemae.com/sel/[Redact]/mortgagee-clause-named-insured-and-notice-cancellation-requirements#[Redact]mortgagee clause naming Fannie Mae, the lender, or the servicer is not required for a master property insurance policy, an NFIP RCBAP, or equivalent master flood insurance policy issued by a private insurer.
 07/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
221917916 [Redact] [Redact]   31442360     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2024-07-23): Received and associated Final Title Policy for the subject property. Exception cleared.
 07/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221917916 [Redact] [Redact]   31442361     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.   Provided title commitment does not disclose a title loan policy amount. An updated title commitment, supplement, or final title is required which verifies the title loan policy amount of [Redact].       Reviewer Comment (2024-07-23): Received and associated Final Title Policy for the subject property. Exception cleared.


Buyer Comment (2024-07-22): attached
 07/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221917916 [Redact] [Redact]   31442362     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Subject transaction does not meet the required cash to close due to the exclusion of the borrower's net proceeds from the sale of [Redact]. Only the Seller's Closing Disclosure was provided but there is no documented evidence these funds were received prior to the closing of the subject transaction. The Seller CD provided is dated the same as the subject transaction closing. Documented evidence the borrower received these funds is required to use the net proceeds as cash to close and reserves.       Reviewer Comment (2024-07-31): Received final CD from sale of previous


Buyer Comment (2024-07-31): CD signed and LOE


Reviewer Comment (2024-07-23): Please provide supporting document to source the net proceeds from sale of property. Provided Seller CD is already in file and is not sufficient to close. Exception remains.


Buyer Comment (2024-07-22): attached
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221917916 [Redact] [Redact]   31442363     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Subject transaction does not meet the lender's reserve requirement due to the exclusion of the borrower's net proceeds from the sale of [Redact]. Only the Seller's Closing Disclosure was provided but there is no documented evidence these funds were received prior to the closing of the subject transaction. The Seller CD provided is dated the same as the subject transaction closing. Documented evidence the borrower received these funds is required to use the net proceeds as cash to close and reserves.       Reviewer Comment (2024-07-31): Received final CD from sale of previous


Buyer Comment (2024-07-31): See trailing


Reviewer Comment (2024-07-23): Please provide supporting document to source the net proceeds from sale of property. Provided Seller CD is already in file and is not sufficient to close. Exception remains.


Buyer Comment (2024-07-22): attached
 07/31/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221917924 [Redact] [Redact]   31442372     Credit Credit Credit Documentation Credit Non-Traditional Creditor cannot be verified due to missing Creditor Contact information.   Subject Property is Free and Clear, property taxes were not paid on time, However are current at this time.       Reviewer Comment (2024-07-26): Subject transaction is in place taxes are considered. Exception cleared.


Buyer Comment (2024-07-25): Please clear. This is not an issue.
 07/26/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221917924 [Redact] [Redact]   31442373     Credit Credit Miscellaneous Guideline Credit Exception:   Subject property is free and clear, lender is allowing taxes to be paid current thru closing Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-24): Lender exception approval in file
     07/24/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
221917928 [Redact] [Redact]   31442403     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of [Redact] exceeds tolerance of [Redact] plus 10% or [Redact].  Insufficient or no cure was provided to the borrower. No Cure provided.       Reviewer Comment (2024-07-18): Upon further review consumer within 10% tolerance requirements.


Buyer Comment (2024-07-17): please explain in detail what lines and document ( CD OR LE)  show total
[Redact] that exceeds what line and document  (CD OR LE)


Buyer Comment (2024-07-17): Most recent LE dated [Redact]   total fees = [Redact]. FINAL CD dated [Redact] total fees = [Redact]. Fees are within 10% tolerance for the LE and final CD


Buyer Comment (2024-07-16): CD dated [Redact] showing loan cost (a)  [Redact] and final CD dated [Redact] showing loan cost (a)  [Redact]
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
221917929 [Redact] [Redact]   31442408     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. No Cure Provided.       Reviewer Comment (2024-07-18): [Redact] received valid COC dated [Redact].


Buyer Comment (2024-07-17): See attached VCOC for transfer tax
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
221917929 [Redact] [Redact]   31442409     Credit Credit Miscellaneous Guideline Credit Exception:   The borrower's business account is making [Redact] payments, but unable to determined which [Redact] account is being paid; Provide additional documentation showing that the "authorized user" account is being paid by the business.       Reviewer Comment (2024-08-06): Updated credit lines as per lender:
It's a Cash out refi. Borrower got [Redact] back at closing which is enough to cover the 3 open accounts on his credit.  The UW got a lender exception for the reserves (allow for less reserves than required).  However, you read it we only need enough to cover the Open accounts which are [Redact] altogether.  This should eliminate them from t he DTI calculation as they are "OPEN" and paid off monthly.


Reviewer Comment (2024-08-05): Please provide addition document that Authorized user is being paid by Business. Exception remains


Buyer Comment (2024-08-02): See trailing lender exception for reserves.


Reviewer Comment (2024-07-19): Please provide me evidence of who the authorized user is, as borrower is married and spouse is not on the loan *** An authorized user tradeline must be considered if the owner of the tradeline is the borrower's spouse and the spouse is not a borrower in the mortgage transaction


Buyer Comment (2024-07-17): Authorized User accounts aren't counted.  [Redact] Guidelines are silent on Authorized User accounts therefore we defer to FNMA. B3 5.3-06 - For manually underwritten loans, credit report tradelines that list a borrower as an authorized user cannot be considered in the underwriting decision, except as outlined below.


Buyer Comment (2024-07-17): Not required.
 08/06/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
221917929 [Redact] [Redact]   31442410     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Included lower balance [Redact] and [Redact] [Redact] in DTI       Reviewer Comment (2024-08-06): Updated credit lines as per lender:
It's a Cash out refi. Borrower got [Redact] back at closing which is enough to cover the 3 open accounts on his credit.  The UW got a lender exception for the reserves (allow for less reserves than required).  However, you read it we only need enough to cover the Open accounts which are [Redact] altogether.  This should eliminate them from t he DTI calculation as they are "OPEN" and paid off monthly.


Reviewer Comment (2024-08-05): Required support document to exclude [Redact]#[Redact]x #[Redact]ion remains


Buyer Comment (2024-08-02): See trailing lender exception for reserves.


Reviewer Comment (2024-07-18): Investor Qualifying DTI is at 68.58859%. [Redact] Open 30 days #[Redact] excluded from DTI as it's an Authorized tradeline. Require supporting documents to exclude [Redact] #[Redact]x #[Redact] aren't enough reserves to exclude them. Exception remains.


Buyer Comment (2024-07-17): Max DTI is 50 % on this program
 08/06/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
221917929 [Redact] [Redact]   31442411     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. DTI > 43% Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-08-06): Client acknowledges as is and waived with compensating factors.


Reviewer Comment (2024-08-05): Required Support documents to exclude [Redact] #[Redact]x #[Redact]ion remains


Buyer Comment (2024-08-02): See attached Lender exception.  This should cover the open accounts as well.


Reviewer Comment (2024-07-18): Investor Qualifying DTI is at 68.58859%. [Redact] Open 30 days #[Redact] excluded from DTI as it's an Authorized tradeline. Require supporting documents to exclude [Redact] #[Redact]x #[Redact] aren't enough reserves to exclude them. Exception remains.


Buyer Comment (2024-07-17): The [Redact] cant be added to the DTI it is not a revolving account and can be taken from proceeds.


Buyer Comment (2024-07-17): Program only required 3 months reserves.
     08/06/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
221917929 [Redact] [Redact]   31442412     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI and Reserves, short funds to exclude both [Redact] accounts from DTI -       Reviewer Comment (2024-08-06): updated credit lines as per lender underwrite; reran testing


Buyer Comment (2024-08-02): See trailing lender exception for reserves.


Reviewer Comment (2024-07-19): Please see comment on Authorized User account, need to know who holds account as Borrower is married and spouse is not on loan. ** An authorized user tradeline must be considered if the owner of the tradeline is the borrower's spouse and the spouse is not a borrower in the mortgage transaction


Buyer Comment (2024-07-17): Please clear.
 08/06/2024     1 B A C A B A C A B A   [Redact] Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
221917929 [Redact] [Redact]   31442413     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI and Reserves, short funds to exclude both [Redact] accounts from DTI -       Reviewer Comment (2024-08-06): updated credit lines as per lender underwrite; reran testing


Buyer Comment (2024-08-02): See trailing lender exception for reserves.


Reviewer Comment (2024-07-19): See above comments


Buyer Comment (2024-07-17): Please clear.
 08/06/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
221917929 [Redact] [Redact]   31442414     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 68.58859% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI and Reserves, short funds to exclude both [Redact] accounts from DTI -       Reviewer Comment (2024-08-06): updated credit lines as per lender underwrite; reran testing


Buyer Comment (2024-08-02): See trailing lender exception for reserves.


Reviewer Comment (2024-07-19): See above comments


Buyer Comment (2024-07-17): Please clear.
 08/06/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
221917930 [Redact] [Redact]   31442416     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower is pending.       Reviewer Comment (2024-07-18): Received internal tracking


Buyer Comment (2024-07-17): ATTACHED
 07/18/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B A A A B A A A N/A Exempt from ATR No
221917931 [Redact] [Redact]   31442417     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower(s) is pending       Reviewer Comment (2024-07-18): Received internal tracking


Buyer Comment (2024-07-17): Providing [Redact] Tracking Details report confirming the Unified Business Purpose Disclosure was emailed to borrower day after application date.
 07/18/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   C A C A B A A A N/A Exempt from ATR No
221917931 [Redact] [Redact]   31442419     Credit Insurance Insurance Documentation Insurance Missing Document: Hazard Dec Page not provided   Blanket policy has incorrect address of [Redact], whereas property address on Note is [Redact].       Reviewer Comment (2024-07-19): Received and verified as per Title Commitment and Purchase Contract the address is also known as [Redact]. Exception cleared.


Buyer Comment (2024-07-17): purchase contract


Buyer Comment (2024-07-17): Both title company commitment and the purchase contract both state address as: [Redact]. Providing both docs.
 07/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A B A A A N/A Exempt from ATR No
221917932 [Redact] [Redact]   31442420     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower(s) is pending       Reviewer Comment (2024-07-22): Received internal tracking


Buyer Comment (2024-07-18): attached
 07/22/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B B A A B B A A N/A Exempt from ATR No
221917932 [Redact] [Redact]   31442421     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal Report Date is same as Note date which should be 3 days prior to closing date.       Buyer Comment (2024-07-25): Lender accepts finding.  Please clear.  TY


Reviewer Comment (2024-07-23): the appraisal was received same day as Note. This will not be able to be cleared


Buyer Comment (2024-07-23): this was already uploaded
       2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A N/A Exempt from ATR No
221917933 [Redact] [Redact]   31442423     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower(s) is pending.       Reviewer Comment (2024-07-22): Received internal tracking


Buyer Comment (2024-07-22): [Redact] Tracking Details report confirms Unified Business Purpose Disclosure was emailed to borrower.
 07/22/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B A A A B A A A N/A Exempt from ATR No
221917934 [Redact] [Redact]   31442429     Credit Credit Miscellaneous Guideline Credit Exception:   Missing HUD1 from sale of [Redact]- must show payoff of [Redact] - otherwise payment will be included in DTI       Reviewer Comment (2024-07-23): Received confirmation that property did not sell anded PITIA to DTI, within Guidelines


Buyer Comment (2024-07-23): Underwriter LOE


Buyer Comment (2024-07-23): The former primary home at [Redact] did not sell. Underwriter has updated 1003 and 1008, DTI is 39% and including underwriter email.
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221917935 [Redact] [Redact]   31442431     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of Tax Verification.       Reviewer Comment (2024-07-22): Received


Buyer Comment (2024-07-22): See attached page 3
 07/22/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A B B A A N/A Exempt from ATR No
221917935 [Redact] [Redact]   31442432     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower(s) is pending       Reviewer Comment (2024-07-24): Lender acknowledges this is Grade 2 and elects to waive


Buyer Comment (2024-07-24): Please waive. [Redact] accepts 2


Reviewer Comment (2024-07-22): Received some sort of tracking, however it doesn't cover appraisal or Unified Business Disclosure - exception remains


Buyer Comment (2024-07-22): See attached Tracking
     07/24/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A N/A Exempt from ATR No
221917935 [Redact] [Redact]   31442433     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Non Material Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.  Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. Final Closing Statement provided in loan file.       Reviewer Comment (2024-07-19): Lender acknowledges this is Grade 2 and elects to waive
     07/19/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A B B A A N/A Exempt from ATR No
221917936 [Redact] [Redact]   31442438     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file is missing a copy of the E-sign Consent Agreement .       Reviewer Comment (2024-07-22): Received


Buyer Comment (2024-07-22): e-consent for only borrower
 07/22/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221917937 [Redact] [Redact]   31442442     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification, Statement, Tax Verification is missing in file.       Reviewer Comment (2024-07-23): Received


Buyer Comment (2024-07-23): See attached mortgage statements and property profile.
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221917938 [Redact] [Redact]   31442446     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2024-07-23): Received


Buyer Comment (2024-07-23): See attached Approval
 07/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221917939 [Redact] [Redact]   31442450     Credit Insurance Insurance Documentation Insurance Hazard Insurance Error: Subject zip is missing from evidence of insurance.   The zip code on the Note/Security Instrument is [Redact] but is -[Redact] on the Hazard Binder. Provide an updated Binder with a subject property zip code that matches the collateral documents. Additional conditions may apply.       Reviewer Comment (2024-07-24): Received


Buyer Comment (2024-07-24): Corrected HOI
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
221917940 [Redact] [Redact]   31442452     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Appraisal Report Date is [Redact] and Appraisal Delivery date  is [Redact]       Reviewer Comment (2024-07-23): Lender acknowledges that this will remain a Grade 2 and elects to waive


Buyer Comment (2024-07-23): Accepting level 2.  Please close out.
     07/23/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B A A B B A A N/A Exempt from ATR No
221917941 [Redact] [Redact]   31442454     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower is pending       Reviewer Comment (2024-07-24): Received internal tracking


Buyer Comment (2024-07-24): [Redact] Tracking Details Report confirms the Unified Business Purpose Disclosure was emailed to borrower on DAY 2 from application date.
 07/24/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   D B B B D B A A N/A Exempt from ATR No
221917941 [Redact] [Redact]   31442455     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Material Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.         Reviewer Comment (2024-07-25): Lender acknowledges this is Grade 2 and elects to waive


Reviewer Comment (2024-07-25): Exempt from all high cost testing.


Buyer Comment (2024-07-24): Final Settlement Statement signed at closing by all.
     07/25/2024 2 D B D B D B D B D B   [Redact] Investment Purchase   D B B B D B A A N/A Exempt from ATR No
221917941 [Redact] [Redact]   31442456     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Allowed 1x30 mortgage late in [Redact] Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-23): Lender exception approval in file
     07/23/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B B B D B A A N/A Exempt from ATR No
221917942 [Redact] [Redact]   31442458     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Proof of Closing disclosure document is missing from file for Pending Sale Property.       Reviewer Comment (2024-07-24): Received


Buyer Comment (2024-07-24): See attached HUD and Wire transfer
 07/24/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B C A A A Non QM Non QM No
221917942 [Redact] [Redact]   31442461     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Change of Circumstance not provided in file for Loan discount point Tolerance.       Reviewer Comment (2024-07-25): [Redact] received valid Changed circumstance dated [Redact].


Buyer Comment (2024-07-24): See attached VCOC for increase in points
 07/25/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
221917942 [Redact] [Redact]   31442462     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Change of Circumstance not provided in file for Appraisal fee Tolerance.       Reviewer Comment (2024-07-25): [Redact]: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.


Buyer Comment (2024-07-24): Cured at closing
 07/25/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
221917942 [Redact] [Redact]   31442463     Credit Credit Miscellaneous Guideline Credit Exception:   Max [Redact] acres per guideline Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-24): Lender exception approval provided


Buyer Comment (2024-07-24): See lender exception for acreage
     07/24/2024 2 C B C B C B C B C B   [Redact] Primary Purchase   C B C B C A A A Non QM Non QM No
221917942 [Redact] [Redact]   31442464     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-07-25): Sufficient Cure Provided At Closing
   07/25/2024   1   A   A   A   A   A   [Redact] Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
221917945 [Redact] [Redact]   31442476     Credit Credit Miscellaneous Guideline Credit Exception:   Lender allowed taxes on previous primary residence were 90 days delinquent vs guidelines that must reflect taxes paid on time for the past 12month since subject had a private lien with no payment. Borrower has been employed in the same industry for more than 5 years.

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].		   SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-07-30): Lender exception approval in file
     07/30/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B A A A A Non QM Non QM No
221917946 [Redact] [Redact]   31442478     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing Unable to determine compliance with Right To Receive a Copy of Appraisal due to missing information Unified Business Disclosure inclusive of the 'Notice of Right to Copy of an Appraisal' is in the loan file but evidence of said disclosure being sent to borrower(s) is pending       Reviewer Comment (2024-07-31): Received internal tracking


Buyer Comment (2024-07-31): Providing [Redact] Tracking Details report confirming the Unified Business Purpose Disclosure that includes ECOA was emailed to borrower same day as application.
 07/31/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B B A A B B A A N/A Exempt from ATR No
221917946 [Redact] [Redact]   31442479     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Material Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. The file was missing a copy of HUD-1.       Reviewer Comment (2024-07-30): Lender acknowledges that this will remain a Grade 2 and elects to waive


Reviewer Comment (2024-07-30): Regraded to EV2-B due to loan being exempt from all federal, state, local high-cost compliance testing.
     07/30/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A N/A Exempt from ATR No
221927786 [Redact] [Redact] [Redact] 31472133     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-13): Collateral delivered on [Redact] via [Redact] tracking #[Redact].
 09/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221927786 [Redact] [Redact] [Redact] 31629730     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file is missing the copy of Business Purpose Certificate.       Reviewer Comment (2024-09-13): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-12): Business Purpose Certificate attached.
 09/13/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221927786 [Redact] [Redact] [Redact] 31629732     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file is missing the copy of guarantor agreement.       Reviewer Comment (2024-09-13): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-09-12): Guarantor Agreement attached.
 09/13/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221936800 [Redact] [Redact] [Redact] 31501035     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-13): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 9:45 am.
 09/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221936800 [Redact] [Redact] [Redact] 31642319     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file was missing Business Purpose Certificate       Reviewer Comment (2024-09-16): Business purpose cert provided


Seller Comment (2024-09-16): business purpose
 09/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
221936800 [Redact] [Redact] [Redact] 31642326     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement       Reviewer Comment (2024-09-16): Guarantor agreement provided


Seller Comment (2024-09-16): guaranty
 09/16/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222228410 [Redact] [Redact]   31922071     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Missing appraisal.       Reviewer Comment (2024-07-18): Received Appraisal Report and Exception Cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922072     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   This file is missing copy of Flood Certificate.       Reviewer Comment (2024-07-18): Received and Verified Flood Certificate and Exception Cleared


Buyer Comment (2024-07-16): see flood cert
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922073     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   This file is missing copy of Hazard Insurance Policy       Reviewer Comment (2024-07-18): Received and Verified Hazard Insurance with RCE and Exception Cleared


Buyer Comment (2024-07-16): see hazard insurance
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922074     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   This file is missing copy of Purchase agreement       Reviewer Comment (2024-07-18): Received and Verified Purchase Agreement. Exception Cleared


Buyer Comment (2024-07-16): see purchase contract
 07/18/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922075     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Received and Verified Appraisal Report. Exception Cleared


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922076     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2024-07-18): Received and Verified Title Commitment and Exception Cleared.


Buyer Comment (2024-07-16): see title


Buyer Comment (2024-07-16): see title policy
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922077     Credit Title General Title Unable to Determine if Subject Property is  Real Estate Owned due to missing Appraisal and Title documentation.           Reviewer Comment (2024-07-18): Data verified as per Appraisal Report and Exception Cleared.


Buyer Comment (2024-07-16): see appraisal and title
 07/18/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922078     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file is missing a copy E-sign consent Agreement.       Reviewer Comment (2024-07-18): E-consent provided, exception cleared.


Buyer Comment (2024-07-16): see econsent and tracking


Buyer Comment (2024-07-16): see edocs
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922079     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Exception has been created for missing copy of appraisal document.       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922080     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure.       Reviewer Comment (2024-07-18): [Redact] received [Redact] LE


Buyer Comment (2024-07-16): see acknowledgment


Buyer Comment (2024-07-16): see disclosure
 07/18/2024     1 B A B A B A B A B A   [Redact] Primary Purchase Good faith redisclosure D A D A C A D A Non QM Non QM Yes
222228410 [Redact] [Redact]   31922081     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact].  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact]. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see new docs provided
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922082     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922083     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) Unable to determine compliance with timely delivery of valuation to borrower due to missing information. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922084     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit) TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922085     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922086     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): [Redact] received [Redact] LE


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Good faith redisclosure D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922087     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. This file is missing copy of appraisal report       Reviewer Comment (2024-07-18): Appraisal received, exception cleared.


Buyer Comment (2024-07-16): see appraisal
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922088     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.       Reviewer Comment (2024-08-08): ABA provided, exception cleared.


Buyer Comment (2024-08-07): See affiliated business disclosure


Reviewer Comment (2024-07-18): ABA not provided within 3 business days of application date.


Buyer Comment (2024-07-16): see delivery docs


Buyer Comment (2024-07-16): see delivery
 08/08/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922089     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. This file is missing copy of List of Homeownership Counseling Organizations       Reviewer Comment (2024-07-18): Document provided, exception cleared.


Buyer Comment (2024-07-16): see counseling disc with list


Buyer Comment (2024-07-16): see counseling disc
 07/18/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922090     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan allows for Partial Payments. Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan allows for Partial Payments.       Reviewer Comment (2024-08-12): Documentation provided, exception cleared.


Reviewer Comment (2024-08-09): PCCD and LOE provided, exception cleared.


Buyer Comment (2024-08-09): The correction needed on PCCD was on page 4, indicating whether partial payments were allowed. This correction was made, and pccd provided as well as LOE. Please review and clear condition.


Reviewer Comment (2024-08-08): [Redact] received reubttal that PCCD generated for balance purposes and no changes to pccd on this loan.  However, the final CD on page 4 was missing the information for the Partial Payment question.  This was corrected on the [Redact] PCCD, which was after initial reporting.  Cure requirements per TRID GRID 4.0 state to cure a violation of this type, a Corrected CD and LOE to borrower is required.  Please provide the LOE to borrower which should have accompanied the [Redact] PCCD correction.


Buyer Comment (2024-08-07): See LOE that went with PCCD - PCCD previously sent in.


Reviewer Comment (2024-07-25): [Redact] received PCCD.  Please provide copy of LOE provided to borrower to complete remediation.


Buyer Comment (2024-07-23): see corrected doc
 08/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure D A D A C A D A Non QM Non QM Yes
222228410 [Redact] [Redact]   31922091     Compliance 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 three (3) business days prior to closing. This file is missing copy of initial Closing disclosure.       Reviewer Comment (2024-07-18): [Redact] received [Redact] CD 3 business days prior to consummation.


Buyer Comment (2024-07-16): see initial cd
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922092     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to [Redact] may be required. This file is missing copy of Loan estimate       Reviewer Comment (2024-07-18): [Redact] received [Redact] LE


Buyer Comment (2024-07-16): see LEs


Buyer Comment (2024-07-16): see le and coc
 07/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure D A D A C A D A Non QM Non QM No
222228410 [Redact] [Redact]   31922096     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file was missing the Secondary Valuation required for Securitization purpose.       Reviewer Comment (2024-07-23): Received and associated UCDP report with CU score 1 . Exception cleared.


Buyer Comment (2024-07-22): Here is the CU score document.


Reviewer Comment (2024-07-19): Provide UCDP document to verify CU score. Exception remains.


Buyer Comment (2024-07-18): CU score was a 1 - no secondary valuation required.
 07/23/2024     1   A   A   A   A   A   [Redact] Primary Purchase   D A D A C A D A Non QM Non QM No
222228412 [Redact] [Redact]   31922108     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan allows for Partial Payments. The CD did not indicate if it allows for partial payments.       Reviewer Comment (2024-08-15): [Redact] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2024-08-14): See correct LOE


Reviewer Comment (2024-08-14): [Redact] received the PCCD with page 4 adjusted, but we still require a copy of the LOE that was provided to the borrower along with the new PCCD.


Buyer Comment (2024-08-13): See LOX to accompany the previously submitted pccd.


Reviewer Comment (2024-08-02): Please provide copy of LOE to complete remediation.


Buyer Comment (2024-08-01): See pccd
   08/15/2024   2 C B C B C B C B C B   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222228413 [Redact] [Redact]   31922110     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2024-08-08): Initial appraisal provided, no change in value, evidence of receipt provided, exception cleared.


Buyer Comment (2024-08-07): See earlier dated appraisal


Reviewer Comment (2024-08-01): The appraisal delivery is dated [Redact], the appraisal is dated [Redact], exception remains.


Buyer Comment (2024-07-30): see delivery documentation


Buyer Comment (2024-07-30): See delivery docs
 08/08/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C A C A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228413 [Redact] [Redact]   31922112     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   [Redact] guides require a Fannie Mae DU Approve/Eligible (ineligible findings due to loan amount only).       Reviewer Comment (2024-08-08): AUS required, exception cleared.


Buyer Comment (2024-08-07): See AUS
 08/08/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228414 [Redact] [Redact]   31922114     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing. Sec ID: 2   Missing second full appraisal based on loan amount.       Reviewer Comment (2024-08-05): Received and associated CDA. Exception cleared.


Buyer Comment (2024-08-04): duplicate condition- please removew


Buyer Comment (2024-08-04): CDA attached
 08/05/2024     1 D A D A D A D A D A   [Redact] Second Home Refinance - Rate/Term   D A D A A A D A Non QM Non QM No
222228414 [Redact] [Redact]   31922115     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Missing complete second appraisal.       Reviewer Comment (2024-08-07): Received and associated appraisal. Exception cleared.


Buyer Comment (2024-08-05): See additional appraisal
 08/07/2024     1 D A D A D A D A D A   [Redact] Second Home Refinance - Rate/Term   D A D A A A D A Non QM Non QM No
222228415 [Redact] [Redact]   31922118     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Missing evidence the appraisal was received by the borrower at least three days prior to closing.       Reviewer Comment (2024-08-14): Initial appraisal provided, no change in value, evidence of receipt provided, exception cleared.


Buyer Comment (2024-08-13): See earlier appraisal


Reviewer Comment (2024-08-09): The appraisal report date is [Redact], please provide evidence of receipt of this appraisal.


Buyer Comment (2024-08-08): Appraisal provided is dated [Redact] - uploading again.


Reviewer Comment (2024-08-08): Earlier dated appraisal not in images, exception remains.


Buyer Comment (2024-08-07): See earlier dated appraisal


Reviewer Comment (2024-08-06): The appraisal is dated [Redact], delivery dated [Redact], exception remains.


Buyer Comment (2024-08-05): see delivery docs
 08/14/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   B A A A B A A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
222228460 [Redact] [Redact]   31922124     Compliance Compliance State Compliance State Late Charge [Redact] Non Primary Residence Late Charge Grace Period Testing [Redact] Late Charge: Note grace period of 5 days is less than the state minimum of 10 days. Note grace period of 5 days is less than the state minimum of 10 days.       Reviewer Comment (2024-08-23): Updated Note provided, exception cleared.


Buyer Comment (2024-08-21): See note
 08/23/2024     1 B A B A B A B A B A   [Redact] Second Home Refinance - Cash-out - Other   B A A A B A A A Non QM Non QM No
222228460 [Redact] [Redact]   31922125     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing. (75103)       Reviewer Comment (2024-07-30): Sufficient Cure Provided At Closing
   07/30/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other Final CD evidences Cure B A A A B A A A Non QM Non QM Yes
222228461 [Redact] [Redact]   31922128     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Copy/Rush Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Desk Review Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include [Redact], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-08-02): [Redact] received a valid COC.


Buyer Comment (2024-08-01): See COC
 08/02/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
222228462 [Redact] [Redact]   31922131     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Title - Courier / Express Mail / Messenger Fee was last disclosed as [Redact] Initial closing disclosure but disclosed as [Redact] on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include[Redact],a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2024-07-30): Sufficient Cure Provided At Closing
   07/30/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
222228462 [Redact] [Redact]   31922132     Credit Credit Miscellaneous Guideline Credit Exception:   Requesting and exception for NSF's borrower has had 2 in the most recent 3 month period and 4 within the last 12 months Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Residual income of [Redact]

DTI is 16% below guideline max.		 SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-08): Lender exception in file.


Buyer Comment (2024-08-06): See uploaded Exception approval
     08/08/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
222228462 [Redact] [Redact]   31922133     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redact] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. LE electronically signed [Redact], however earliest e-consent in file is dated [Redact].       Reviewer Comment (2024-08-13): [Redact] received earliest e-consent dated [Redact].


Buyer Comment (2024-08-12): See uploaded Initial E-sign Consent
 08/13/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
222228463 [Redact] [Redact]   31922137     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing evidence of borrower's percentage of business ownership.       Reviewer Comment (2024-08-12): Received and associated CPA letter and K-1 . Borrower's percentage of business ownership is 50%. Exception cleared.


Buyer Comment (2024-08-11): please see attached percentage of ownership
 08/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
222228464 [Redact] [Redact]   31922140     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2024-08-07): Sufficient Cure Provided At Closing
   08/07/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
222228464 [Redact] [Redact]   31922141     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2024-08-07): Sufficient Cure Provided At Closing
   08/07/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
222228464 [Redact] [Redact]   31922142     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Missing evidence of receipt of gift funds.       Reviewer Comment (2024-08-15): Received and associated donor bank statements. Sufficient funds are available in donor's bank statement.  
Received borrower bank statement reflecting deposit of gift funds . Exception cleared.


Buyer Comment (2024-08-13): Please review the bankstatement a second time.  Re-uploaded for additional review.  Also included Gift letter and Doner account statement with matching Account numbers. Document provided is Borrower's bank statement showing the WIRE-IN in the amount of [Redact] as requested.

**See uploaded statement verifying deposit by wire, Gift funds in the amount of [Redact]


Buyer Comment (2024-08-13): Please review the bankstatement a second time.  Re-uploaded for additional review.  Document provided is Borrower's bank statement showing the WIRE-IN in the amount of [Redact] as requested.

**See uploaded statement verifying deposit by wire, Gift funds in the amount of [Redact]


Buyer Comment (2024-08-13): See uploaded borrower bank statement verifying delivery, doner account verifying funds available and gift letter with matching account number.


Reviewer Comment (2024-08-13): Provide borrower bank statement reflecting deposit of gift [Redact] and donor withdrawal proof. Exception remains.


Buyer Comment (2024-08-09): See uploaded statement verifying deposit by wire, Gift funds in the amount of [Redact]
 08/15/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222228464 [Redact] [Redact]   31922143     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Missing evidence of borrower's percentage of  business ownership from either a cpa letter or other business documentation. Borrower has verified disposable income of at least [Redact].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 [Redact] residual income.

15 months reserves.

DTI is 13% below guideline max.

Fico is 94 points above guideline minimum.		 Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-21): Post close lender exception provided.


Buyer Comment (2024-08-19): See Uploaded Exception Approval


Reviewer Comment (2024-08-15): Provide evidence of borrower's percentage of business ownership from either a cpa letter or other business documentation. Received operating agreement is not signed . Exception remains.


Buyer Comment (2024-08-14): See uploaded operating agreement


Reviewer Comment (2024-08-13): Per the guidelines, The borrower's ownership percentage and length of ownership must be verified with one of the
following: Letter from licensed CPA with PTIN (preparer tax identification number) or Business Formation Documents (Articles of Incorporation, Bylaws, Charter, Articles of
Association), exception remains.


Buyer Comment (2024-08-12): See uploaded Business Narative
     08/21/2024 2 C B C B C B C B C B   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222228465 [Redact] [Redact]   31922148     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. This file is missing copy of change circumstances for exceeded appraisal fee [Redact]       Reviewer Comment (2024-08-08): Sufficient Cure Provided At Closing
   08/08/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
222228465 [Redact] [Redact]   31922150     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Missing evidence of receipt of gift funds in the amount of [Redact].       Reviewer Comment (2024-08-12): Gift receipt provided, exception cleared.


Reviewer Comment (2024-08-12): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.


Buyer Comment (2024-08-12): Uploaded to [Redact]
 08/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
222228465 [Redact] [Redact]   31922151     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   File is missing proof of the gift funds being received.       Reviewer Comment (2024-08-12): Gift receipt provided, exception cleared.


Buyer Comment (2024-08-12): Uploaded to [Redact]
 08/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
222228465 [Redact] [Redact]   31922152     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Missing evidence of receipt of gift funds in the amount of [Redact].       Reviewer Comment (2024-08-12): Gift receipt provided, exception cleared.


Buyer Comment (2024-08-12): Evidence of gift wire sent directly to [Redact].
 08/12/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
222228465 [Redact] [Redact]   31922153     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Missing evidence of receipt of gift funds in the amount of [Redact]., and minimum credit score requirement not met.       Reviewer Comment (2024-08-12): Gift receipt provided, exception cleared.


Buyer Comment (2024-08-12): Additionally, loan program is [Redact] Program Guidelines [Redact]. There is no overlay document with the guides.


Buyer Comment (2024-08-12): Uploaded to [Redact]
 08/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
222228466 [Redact] [Redact]   31922155     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2024-08-09): Sufficient Cure Provided At Closing
   08/09/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure B B B B A A A A Non QM Non QM Yes
222228466 [Redact] [Redact]   31922157     Credit Credit Miscellaneous Guideline Credit Exception:   Exception is approved for less than 2 years self-employment, contingent on 18 months of reserves.  Lender exception is in the file. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 121 months reserves.

LTV/CLTV is 30% below guideline max.

LTV/CLTV is 30% below guideline max.

Fico is 114 points above guideline minimum.		 SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-13): Lender exception in file.
     08/13/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B A A A A Non QM Non QM No
222228468 [Redact] [Redact]   31922161     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Missing evidence of borrower's receipt of the appraisal at least three business days prior to closing.       Reviewer Comment (2024-08-15): Evidence of receipt provided; exception cleared.


Buyer Comment (2024-08-14): See uploaded delivery confirmation email.
 08/15/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   B B B B B A A A Non QM Non QM No
222228468 [Redact] [Redact]   31922164     Credit Credit Miscellaneous Guideline Credit Exception:   7 NSF's in most recent 12 months, lender exception in file. Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 81 months reserves.

LTV/CLTV is 52% below guideline max.

LTV/CLTV is 52% below guideline max.		 SitusAMC

SitusAMC

SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-14): Lender exception in file.
     08/14/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B B A A A Non QM Non QM No
222228470 [Redact] [Redact]   31922169     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-Sign Consent Agreement document is missing in file       Reviewer Comment (2024-08-22): Received and associated E-sign Consent Agreement. Exception cleared.


Buyer Comment (2024-08-21): See esign consent
 08/22/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922170     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing. Sec ID: 2   Missing secondary valuation.       Reviewer Comment (2024-08-22): Received UCDP Report with 1.4 Collateral Risk Score. Exception Cleared.


Buyer Comment (2024-08-21): See SSR - secondary valuation is not required.
 08/22/2024     1 D A D A D A D A D A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922171     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2024-08-22): Received proof of delivery.


Buyer Comment (2024-08-21): See appraisal delivery
 08/22/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922173     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.       Reviewer Comment (2024-08-22): Received disclosure dated [Redact].


Buyer Comment (2024-08-21): See affiliated bus disclosure
 08/22/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922174     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations to borrower.       Reviewer Comment (2024-08-22): Received disclosure dated [Redact].


Buyer Comment (2024-08-21): See homeowership counseling list
 08/22/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922176     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-22): Received and associated Bank statement for [Redact],[Redact] and [Redact]. Verified sufficient  reserve. Exception cleared.


Buyer Comment (2024-08-21): See asset documentation
 08/22/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228470 [Redact] [Redact]   31922177     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-22): Received asset statements.


Buyer Comment (2024-08-21): See asset docs
 08/22/2024     1 B A C A B A C A B A   [Redact] Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation D A C A C A D A Non QM Non QM Yes
222228470 [Redact] [Redact]   31922178     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-22): Received asset statements.


Buyer Comment (2024-08-21): See docs attached
 08/22/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   D A C A C A D A Non QM Non QM No
222228474 [Redact] [Redact]   31922189     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The preliminary title report in file disclosed [Redact] of title insurance coverage; however, this is less than the loan amount of [Redact].  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2024-08-22): Received final title.


Buyer Comment (2024-08-21): See updated title coverage
 08/22/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   B A B A A A A A Non QM Non QM No
222228474 [Redact] [Redact]   31922190     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2024-08-22): Received final title.
 08/22/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   B A B A A A A A Non QM Non QM No
222228475 [Redact] [Redact]   31922193     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. ECOA Receipt of Appraisal Without Waiver       Reviewer Comment (2024-08-21): Evidence of receipt provided; exception cleared.


Buyer Comment (2024-08-20): Appraisal delivery via email
 08/21/2024     1 B A B A B A B A B A   [Redact] Second Home Refinance - Rate/Term   B A A A B A A A Non QM Non QM No
222228476 [Redact] [Redact]   31922194     Credit Credit Miscellaneous Guideline Credit Exception:   Housing history missing on credit report. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower has residual income above [Redact].

Borrower has been in same job for over 27 years.

Borrowers DTI is 16 points less than maximum amount.

Borrowers FICO score is 74 points above requirement.		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B A A A A   N/A No
222228477 [Redact] [Redact]   31922200     Credit Credit Miscellaneous Guideline Credit Exception:   Using lease agreement in LLC's name for use of rental income, lender exception in file. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 [Redact] residual income.

LTV/CLTV is 10% below guideline max.

LTV/CLTV is 10% below guideline max.

Fico is 67 points above guideline minimum.		 SitusAMC

Originator,SitusAMC

SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-06): Lender exception in file.
     08/06/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228478 [Redact] [Redact]   31922204     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [Redact], prior to three (3) business days from transaction date of [Redact] 12:00:00 AM. Subject loan transaction disbursed on [Redact], prior to three (3) business days from transaction date of [Redact] 12:00:00 AM       Reviewer Comment (2024-08-14): Cure documentation received.


Seller Comment (2024-08-13): [Redact] - Entered comments in DD Portal & [Redact].  Uploaded [Redact] Tracking - Proof of Delivery to borrower [Redact] - [Redact].  Executed NRTC's shipped on [Redact] - on the way to [Redact] per [Redact] Tracking - [Redact].


Reviewer Comment (2024-08-12): The rescission expiration date on the new NORTC should be dated at least 3 business days from the time for borrowers received the Notice. The expiration date on the document is reflecting [Redact], which would mean the rescission notice would need to be received by today. At this point, the Label was created on [Redact] but it is not yet in transit, , it would need to be received [Redact] in order for the Expiration Date of [Redact] to be valid.


Seller Comment (2024-08-09): [Redact] - Entered comments in DD Portal & [Redact].  Uploaded Email to borrowers with docs attached, LOX, NRTC's to both borrowers with new rescission period, [Redact] Shipping Label to borrowers - [Redact] & return label to [Redact] - [Redact].  Refund for one (1) day pre-paid interest in the amount of [Redact], along with required docs to be provided under separate cover.
   08/14/2024   2 C B C B C B C B C B   [Redact] 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 C B A A C B A A Non QM Non QM Yes
222228478 [Redact] [Redact]   31922205     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). TIL RTC Expected Expiration vs Actual       Reviewer Comment (2024-08-14): Cure documentation received.


Seller Comment (2024-08-13): [Redact] - Entered comments in DD Portal & [Redact].  Uploaded [Redact] Tracking - Proof of Delivery to borrower [Redact] - [Redact].  Executed NRTC's shipped on [Redact] - on the way to [Redact] per [Redact] Tracking - [Redact].


Reviewer Comment (2024-08-12): The rescission expiration date on the new NORTC should be dated at least 3 business days from the time for borrowers received the Notice. The expiration date on the document is reflecting [Redact], which would mean the rescission notice would need to be received by today. At this point, the Label was created on [Redact] but it is not yet in transit, , it would need to be received [Redact] in order for the Expiration Date of [Redact] to be valid.


Seller Comment (2024-08-09): [Redact] - Entered comments in DD Portal & [Redact].  Uploaded Email to borrowers with docs attached, LOX, NRTC's to both borrowers with new rescission period, [Redact] Shipping Label to borrowers - [Redact] & return label to [Redact] - [Redact].  Refund for one (1) day pre-paid interest in the amount of [Redact], along with required docs to be provided under separate cover.
   08/14/2024   2 C B C B C B C B C B   [Redact] 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 C B A A C B A A Non QM Non QM Yes
222228481 [Redact] [Redact]   31922214     Credit Credit Miscellaneous Guideline Credit Exception:   Exception to waive escrow is approved, lender exception in file. Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 [Redact] residual income.

22 months reserves.

LTV/CLTV is 10% below guideline max.

LTV/CLTV is 10% below guideline max.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-15): Lender exception in file.
     08/15/2024 2 C B C B C B C B C B   [Redact] Primary Purchase   C B C B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228482 [Redact] [Redact]   31922220     Credit Credit Miscellaneous Guideline Credit Exception:   Borrowers do not meet tradeline requirements, lender exception in file. Borrower has verified disposable income of at least [Redact].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 [Redact] residual income.

23 months reserves

LTV/CLTV is 34% below guideline max.

LTV/CLTV is 34% below guideline max.

Fico is 55 points above guideline minimum.		 Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-15): Lender exception in file.
     08/15/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228484 [Redact] [Redact]   31922226     Compliance 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 [Redact],  Most Recent Tax Return End Date [Redact], Tax Return Due Date [Redact]. Please accept as is.       Reviewer Comment (2024-10-16): Client accepts as is.
       2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228484 [Redact] [Redact]   31922227     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. This file is the copy of change circumstances for exceeded for Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]       Reviewer Comment (2024-08-16): Sufficient Cure Provided At Closing
   08/16/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222228488 [Redact] [Redact]   31922242     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redact] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. The earliest dated E-Consent is [Redact] which was after the date of the initial Loan Estimate provided electronically issued [Redact].       Reviewer Comment (2024-08-27): [Redact] Received evidence LE was mailed to borrower.


Seller Comment (2024-08-26): [Redact] - Uploaded LOX to [Redact] - Audit History in [Redact] & [Redact] Action Log shows Manual Fulfillment initiated [Redact], completed [Redact], which is within three (3) business days of application date - [Redact].  Initial Disclosure Package was mailed to the borrower [Redact].  Loan Estimate Timing was met - there is no timing violation.
 08/27/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222228489 [Redact] [Redact]   31922247     Credit Credit Miscellaneous Guideline Credit Exception:   Exception is approved for not paying off a disputed past due account.  Lender exception is in the file. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Borrower has been in same job for 11 years.

Borrower has residual income of [Redact].

Borrower has reserves of 103 months.

Borrowers DTI is below requirement by 21%.		 Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-21): Lender exception in file.
     08/21/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
222228489 [Redact] [Redact]   31922248     Credit Credit Miscellaneous Guideline Credit Exception:   Exception is approved to use a 24-month average income calculation based on 23.5 months of bank statements.  Lender exception is in the file. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least [Redact].

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Borrower has been in same job for 11 years.

Borrower has residual income of [Redact].

Borrower has reserves of 103 months.

Borrowers DTI is below requirement by 21%.		 Originator,SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-21): Lender exception in file.
     08/21/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
222228491 [Redact] [Redact]   31922252     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2024-08-02): Final title provided, exception cleared.
 08/02/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922253     Credit Investment Product General Investment Product REO property does not have a lease in place and required by guidelines. - The file is missing a copy of the Lease agreement.       Reviewer Comment (2024-08-13): Received and associated lease agreement . Exception cleared.


Buyer Comment (2024-08-12): See lease
 08/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922254     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after [Redact] declared end date.       Reviewer Comment (2024-07-30): Received 1004 Appraisal Report. Exception Cleared


Buyer Comment (2024-07-29): See appraisal dated after disaster.


Buyer Comment (2024-07-29): see appraisal after disaster
 07/30/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922255     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file is missing a copy of the Articles of Organization/Formation       Reviewer Comment (2024-08-02): Received and associated Articles of Organization/Formation. Exception cleared.


Buyer Comment (2024-08-01): See LLC docs
 08/02/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922256     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The file was missing a copy of the Certificate of Good Standing.       Reviewer Comment (2024-08-02): Received and associated Certificate of Good Standing. Exception cleared.


Buyer Comment (2024-08-01): see llc doc
 08/02/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922257     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file was missing a copy of the Corporate Resolution.       Reviewer Comment (2024-08-02): Received and associated Operating Agreement. Exception cleared.


Buyer Comment (2024-08-01): see llc docs
 08/02/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922258     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   The file is missing a copy of the Employer Identification Number (EIN).       Reviewer Comment (2024-08-02): Received and associated Employer Identification Number . Exception cleared.


Buyer Comment (2024-08-01): see llc docs
 08/02/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922259     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The file is missing a copy of the Operating Agreement.       Reviewer Comment (2024-08-02): Received and associated Operating Agreement. Exception cleared.


Buyer Comment (2024-08-01): See LLC documents
 08/02/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922260     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   The file is missing a copy of the Appraisal.       Reviewer Comment (2024-07-30): Received 1004 Appraisal Report and Verified. Exception Cleared


Buyer Comment (2024-07-29): see appraisal
 07/30/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922262     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Missing appraisal.       Reviewer Comment (2024-07-30): Received 1004 Appraisal Report. Exception Cleared


Buyer Comment (2024-07-29): See appraisal
 07/30/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922263     Credit Credit Credit Documentation Credit There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan.           Reviewer Comment (2024-08-13): Received and associated lease agreement . Exception cleared.


Buyer Comment (2024-08-12): See lease


Reviewer Comment (2024-07-30): Provide a copy of lease agreement. Exception remains.


Buyer Comment (2024-07-29): See cash out letter/occupancy affidavit showing investment and business purpose as well as appraisal showing this is tenant occupied.
 08/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922264     Credit Title Document Error Title The Preliminary title policy is within [Redact] or [Redact] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2024-08-02): Final title provided, exception cleared.


Buyer Comment (2024-08-02): See title work
 08/02/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228491 [Redact] [Redact]   31922267     Credit Credit Miscellaneous Guideline Credit Exception:   Missing comparable rent schedule to verify monthly rent of [Redact].       Reviewer Comment (2024-08-05): Comparable rent schedules provided, exception cleared.


Reviewer Comment (2024-08-02): 1007 reflects monthly rental income of [Redact], exception remains.


Buyer Comment (2024-07-29): See rent schedules
 08/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222228494 [Redact] [Redact]   31922271     Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.           Reviewer Comment (2024-08-09): Received updated loss payee reflecting ISAOA.


Buyer Comment (2024-08-07): See Uploaded Hazard Insurance Endorsement letter
 08/09/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
222228495 [Redact] [Redact]   31922273     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided           Reviewer Comment (2024-08-13): Received rider.


Buyer Comment (2024-08-13): Please see attached- page 14
 08/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
222228496 [Redact] [Redact]   31922276     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided           Reviewer Comment (2024-08-12): Received and associated LOE for Cash-Out . Exception cleared.


Buyer Comment (2024-08-08): See cash out letter.


Buyer Comment (2024-08-08): See cash out letter
 08/12/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
222228497 [Redact] [Redact]   31922277     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-19): Received and associated Bank statement from [Redact] #[Redact]ient fund to verify the reserve requirement met . Exception cleared


Buyer Comment (2024-08-15): See asset docs
 08/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A     D A   N/A No
222228497 [Redact] [Redact]   31922278     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-19): Received and associated Bank statement from [Redact] #[Redact]ient fund to verify the reserve requirement met . Exception cleared


Buyer Comment (2024-08-15): See asset docs
 08/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A     D A   N/A No
222228497 [Redact] [Redact]   31922279     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   Insufficient assets verified to meet reserve requirement.       Reviewer Comment (2024-08-19): Received and associated Bank statement from [Redact] #[Redact]ient fund to verify the reserve requirement met . Exception cleared


Buyer Comment (2024-08-15): see asset docs
 08/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A     D A   N/A No
222228497 [Redact] [Redact]   31922280     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing. Sec ID: 2   The Loan is to be securitized. The supporting secondary valuation is missing.       Reviewer Comment (2024-08-16): Received and associated CDA. Exception cleared.


Buyer Comment (2024-08-15): See CDA
 08/16/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A C A     D A   N/A No
222228498 [Redact] [Redact]   31922282     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception is approved  to waive escrows contingent on 9 months of their own funds prior to closing and 20 months of reserves post-closing.  Lender exception is in the file. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Fico is 45 points above guideline minimum. SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-13): Lender exception in file.
     08/13/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
222228546 [Redact] [Redact]   31922294     Credit Credit Miscellaneous Guideline Credit Exception:   [Redact]  occupancy is 43%, lender exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 80 months reserves.

Fico is 102 points above guideline minimum.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-07-31): Lender exception in file.
     07/31/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228547 [Redact] [Redact]   31922296     Credit Credit Miscellaneous Guideline Credit Exception:   The certificate of good standing is dated more than 45 days prior to the Note date.       Reviewer Comment (2024-08-14): Client states guideline update on [Redact] is retroactive to all loans in process, and 45 day requirement is not required, exception cleared.


Seller Comment (2024-08-13): Doc


Seller Comment (2024-08-13): Per [Redact] the VP of Credit Policy on the attached announcement the the Name of an Entity guidelines for the [Redact] and [Redact] products have been updated effective immediately regardless of the registration date.  Please Cancel.
 08/14/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Rate/Term   A A A A     A A   N/A No
222228548 [Redact] [Redact]   31922298     Credit Credit Miscellaneous Guideline Credit Exception:   Using market rent of [Redact] from the 1007 due to most recent 12 month history not reflective of property potential due to numerous property upgrades, lender exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Fico is 98 points above guideline minimum.		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-07): Lender exception in file.
     08/07/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228548 [Redact] [Redact]   31922300     Credit Missing Document General Missing Document Missing Document: Vacation Rental Income Statement ([Redact], [Redact], etc.) not provided   Missing vacation rental income statement for 12 months. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Fico is 98 points above guideline minimum.		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-13): Lender exception in file to use 1007 as there is less than 12 months income due to upgrades and the 12 months provided does not take into account the higher potential of the subject.


Seller Comment (2024-08-12): 12 months of vacation rental statement located on page 710 with rents from [Redact] to [Redact], however due to major renovations taking the home out of service for several months.  An exception was granted, see page 27, allowing the use of fair market rent on the 1007 obtained, see page 986.  Rents received was fully documented.  Please cancel.
     08/13/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228548 [Redact] [Redact]   31922301     Credit Credit Miscellaneous Guideline Credit Exception:   The certificate of good standing is not dated within 45 days prior to Note date.       Reviewer Comment (2024-08-13): Per the client, 45 day requirement is no longer required, exception cleared.


Seller Comment (2024-08-13): Per [Redact] the VP of Credit Policy on the attached announcement the the Name of an Entity guidelines for the [Redact] and [Redact] products have been updated effective immediately regardless of the registration date.  Please Cancel.
 08/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228549 [Redact] [Redact]   31922303     Credit Credit Miscellaneous Guideline Credit Exception:   Using 1007 for short term rental, lender exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 53 months reserves

Fico is 98 points above guideline minimum.		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-07): Lender exception in file.
     08/07/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228549 [Redact] [Redact]   31922304     Credit Credit Miscellaneous Guideline Credit Exception:   The certificate of good standing is dated more than 45 days prior to the Note date.       Reviewer Comment (2024-08-14): Per client, guideline updates on [Redact] apply to loans in process regardless of registration date, exception cleared.


Seller Comment (2024-08-13): Per [Redact] the VP of Credit Policy on the attached announcement the the Name of an Entity guidelines for the [Redact] and [Redact] products have been updated effective immediately regardless of the registration date.  Please Cancel.
 08/14/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228549 [Redact] [Redact]   31922305     Credit Missing Document General Missing Document Missing Document: Vacation Rental Website Listing not provided           Reviewer Comment (2024-08-14): Documentation provided; exception cleared.


Seller Comment (2024-08-13): Attached the Vacation Rental Website Listing.
 08/14/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922307     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Insufficient assets verified to meet closing and reserve requirements.       Reviewer Comment (2024-08-26): Sufficient assets provided, exception cleared.


Reviewer Comment (2024-08-26): Received and associated Bank statement for [Redact] and [Redact] account reserve required for [Redact], but available balance is [Redact]. Exception Remains.


Seller Comment (2024-08-22): Attached Assets to Clear.


Seller Comment (2024-08-22): Docs
 08/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922308     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   Insufficient assets verified to meet closing and reserve requirements.       Reviewer Comment (2024-08-26): Sufficient assets provided, exception cleared.


Seller Comment (2024-08-22): Waterfall to Exception #[Redact]
 08/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922309     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   Insufficient assets verified to meet closing and reserve requirements.       Reviewer Comment (2024-08-26): Sufficient assets provided, exception cleared.


Seller Comment (2024-08-22): Waterfall to Exception #[Redact]
 08/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922310     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Insufficient assets verified to meet closing and reserve requirements.       Reviewer Comment (2024-08-26): Sufficient assets provided, exception cleared.


Seller Comment (2024-08-22): Waterfall to Exception #[Redact]
 08/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922311     Credit Credit Miscellaneous Guideline Credit Exception:   Exception for purpose of LLC is approved, lender exception in file. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 LTV is 10% below guideline max.

Fico is 102 points above guideline minimum.		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-12): Lender exception in file.
     08/12/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
222228550 [Redact] [Redact]   31922312     Credit Credit Miscellaneous Guideline Credit Exception:   The certificate of good standing is not dated within 45 days prior to the Note date.       Reviewer Comment (2024-08-14): Per client, guidelines updated on [Redact] apply to loans in process regardless of registration date, exception cleared.


Seller Comment (2024-08-14): Per [Redact] the VP of Credit Policy on the attached announcement the the Name of an Entity guidelines for the [Redact] and [Redact] products have been updated effective immediately regardless of the registration date.  Please Cancel.
 08/14/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222228551 [Redact] [Redact]   31922314     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception is given for FTI with no housing history is approved contingent on 12 months of reserves. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 12 months reserves

Fico is 103 points above guideline minimum.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-14): Lender exception in file.
     08/14/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228552 [Redact] [Redact]   31922316     Credit Credit Miscellaneous Guideline Credit Exception:   Business purpose of LLC, lender exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 32 months reserves.

LTV is 10% below guideline max.		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-14): Lender exception in file.
     08/14/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
222228559 [Redact] [Redact]   31922322     Credit Credit Miscellaneous Guideline Credit Exception:   Exception for [Redact] acres is approved contigent on 1.00 score and 24 months of reserves. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 29 months reserves.

LTV is 20% below guideline max.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228561 [Redact] [Redact]   31922325     Credit Credit Miscellaneous Guideline Credit Exception:   Exception is approved to close in an intervivos trust.  Lender exception is in the file. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 502 months reserves.

LTV is 10% below guideline max.

Fico is 138 points above guideline minimum.		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
222228563 [Redact] [Redact]   31922333     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception is approved for purpose of the LLC.  Lender exception is in the file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 13 months reserves.

LTV is 15% below guideline max.

Fico is 69 points above guideline minimum.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228564 [Redact] [Redact]   31922335     Credit Credit Miscellaneous Guideline Credit Exception:   The LLC operating agreement does not specifically state ''its for the management and ownership of real estate'', lender exception in file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 9 months reserves

LTV is 10% below guideline max.

Fico is 59 points above guideline minimum.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228565 [Redact] [Redact]   31922338     Credit Credit Miscellaneous Guideline Credit Exception:   Exception is approved to close the loan in an intervivos trust.  Lender exception is in the file. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 425 months reserves.

LTV is 10% below guideline max.

Fico is 138 points above guideline minimum.		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-20): Lender exception in file.
     08/20/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
222228566 [Redact] [Redact]   31922341     Credit Credit Miscellaneous Guideline Credit Exception:   Requesting exception for the LLC verbiage as LLC operating agreement does not specifically state ''its for management and ownership of real estate'' Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 11 months reserves.

Fico is 103 points above guideline minimum.		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-21): Lender exception in file.
     08/21/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222228569 [Redact] [Redact]   31922349     Credit Credit Miscellaneous Guideline Credit Exception:   Exception approved for rapid acquisition.  Lender exception is in the file. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrower has reserves of 95 months above required amount.

Borrowers FICO score is 119 points above required.		 Originator,SitusAMC

SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-08-22): Lender exception in file.
     08/22/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No