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

 

MORGAN STANLEY CAPITAL I INC. ABS-15G

Exhibit 99.2 - Schedule 1

 

 

Exception Grades

Run Date - 3/4/2025 12:40:13 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
220644545 [Redact] [Redact]   29400257     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 ___. LTV of 77.25% exceeds guidelines of 70%.  Lender exception is in the loan file.  Compensating factors: rate and term borrower bringing cash to close, experienced investor, all mortgages paid as agreed. 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: 4 Properties. Originator

SitusAMC		 Reviewer Comment (2023-10-19): Approved to waive with compensating factors.  Experiences investor, all mortgages paid as agreed, Borrower using 100% of cash from own funds.
     10/19/2023 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
220715742 [Redact] [Redact] [Redact] 29543140     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian.           Buyer Comment (2024-01-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-18): collateral delivered on [Redact] via [Redact] [Redact]
 01/18/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
220715742 [Redact] [Redact] [Redact] 29543141     Credit Collateral Missing/Incorrect Collateral Missing tracking number for delivery of collateral file.           Buyer Comment (2024-01-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-01-18): collateral delivered on [Redact] via [Redact] [Redact]
 01/18/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   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
221029287 [Redact] [Redact]   30108385     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 ___.         Reviewer Comment (2024-02-13): LTV is 65%.  Rounding has first 4 digits of "0".


Buyer Comment (2024-02-07): Per lender: Please remove. No lender goes out that many decimal places.


Buyer Comment (2024-02-06): can we remove the below exception, the .05  should round down making the  loan eligible
 02/13/2024     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
221029287 [Redact] [Redact]   30108386     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require evidence originator was licensed for properties in [Redact] when not vested in a business entity. Subject loan is vested in an individual.  Provide evidence of originator's licensing.       Reviewer Comment (2024-02-13): No entity.  Individual vesting. [Redact] do not refer to any originator's licensing.


Buyer Comment (2024-02-07): NMLS license


Buyer Comment (2024-02-06): The Note reflects the originator is [Redact] NMLS [Redact]. Please advise if this is not what you are looking for and if not specifically whose license your looking for
 02/13/2024     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
221029287 [Redact] [Redact]   30108387     Credit Credit Miscellaneous Guideline Credit Exception:   Provide Corrected signed First payment letter reflecting monthly taxes of [Redact], total payment [Redact].       Reviewer Comment (2024-02-13): New construction property.  Used 1.5% of appraised value to determine monthly taxes which matches first payment letter.


Buyer Comment (2024-02-07): Per lender : The monthly taxes of [Redact] were calculated off of the appraised value. Since the property is a new construction, the tax bill is not available yet. We took 1.5% of the appraised value of [Redact], which is [Redact]. This divided by 12 gives you [Redact]. We used this amount for the monthly taxes.
 02/13/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221029287 [Redact] [Redact]   30108388     Credit Credit Miscellaneous Guideline Credit Exception:   Provide PCCD reflecting annual taxes of [Redact], Closing statement reflects [Redact] and does not break down the number of months collected therefore we can't access if there's an overage collected to cover the shortage amount.       Reviewer Comment (2024-02-13): New construction property.  Used 1.5% of appraised value to determine monthly taxes which matches first payment letter.


Buyer Comment (2024-02-07): PEr lender: Remember the file I spent so much time on the PITIA? [Redact] file [Redact] had taxes at [Redact]/mo.. It was  like [Redact] less than the lender used on the 1st pmt  letter?





[Redact]
Lender response : The monthly taxes of [Redact] were calculated off of the appraised value. Since the property is a new construction, the tax bill is not available yet. We took 1.5% of the appraised value of [Redact], which is [Redact]. This divided by 12 gives you [Redact]. We used this amount for the monthly taxes.
 02/13/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
221029293 [Redact] [Redact]   30108414     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Only 1 month statement provided for account [Redact] and guidelines require most recent 2 months statements.       Reviewer Comment (2024-02-18): Additional bank statement provided


Buyer Comment (2024-02-15): Statement


Buyer Comment (2024-02-15): Per lender: Just one month required for reserves foreign assets.
 02/18/2024     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
221029293 [Redact] [Redact]   30108416     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 5.87 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2024-02-11): Verify the one EMD was [Redact] and not [Redact] which covered required reserves.


Buyer Comment (2024-02-08): Per lender : [Redact] due at closing and [Redact] available, so [Redact] in reserves. [Redact]-[Redact]. [Redact]-[Redact]. [Redact]- [Redact].
 02/11/2024     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
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
221163100 [Redact] [Redact]   30316962     Credit Title Document Error Title The Preliminary title policy is within [REDACTED] or [REDACTED] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   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 (2023-11-29): [REDACTED] acceptable per client.
       2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
221163100 [Redact] [Redact]   30316964     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 [REDACTED] ([REDACTED]) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2023-11-29): [REDACTED] acceptable per client.
       2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
221175751 [Redact] [Redact] [Redact] 30328875     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-14): (Rate Lock) [Redact]
 05/16/2024     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
221175751 [Redact] [Redact] [Redact] 30544470     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided           Reviewer Comment (2024-05-20): Received LOX. Exception Cleared.


Seller Comment (2024-05-16): (Rate Lock) cash out letter
 05/20/2024     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
221175751 [Redact] [Redact] [Redact] 30544482     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-05-16): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) business
 05/16/2024     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
221175751 [Redact] [Redact] [Redact] 30544507     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 (2024-05-16): Received Fraud Report. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) fraud
 05/16/2024     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
221175751 [Redact] [Redact] [Redact] 30544519     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 (2024-05-16): Received RCE with sufficient coverage. Exception Cleared.


Seller Comment (2024-05-15): (Rate Lock) RCE
 05/16/2024     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
221175751 [Redact] [Redact] [Redact] 30544808     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2024-05-16): Received Fraud Report. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) fraud
 05/16/2024     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
221175751 [Redact] [Redact] [Redact] 30547664     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   The file is missing a copy of the lease agreements for the 4 units of the subject.       Reviewer Comment (2024-05-16): Received lease agreement. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) lease
 05/16/2024     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
221175758 [Redact] [Redact] [Redact] 30328926     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-05-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-05-14): (Rate Lock) [Redact]
 05/16/2024     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
221175758 [Redact] [Redact] [Redact] 30544925     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 (2024-05-16): Received Fraud Report. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) fraud
 05/16/2024     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
221175758 [Redact] [Redact] [Redact] 30545050     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-05-16): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) business
 05/16/2024     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
221175758 [Redact] [Redact] [Redact] 30545051     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided           Reviewer Comment (2024-05-20): Received LOX. Exception Cleared.


Seller Comment (2024-05-16): (Rate Lock) cash out letter
 05/20/2024     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
221175758 [Redact] [Redact] [Redact] 30545430     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2024-05-16): Received Fraud Report. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) fraud
 05/16/2024     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
221175758 [Redact] [Redact] [Redact] 30547700     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   The file is missing a copy of the lease agreements for the 2 units of the subject.       Reviewer Comment (2024-05-16): Received Lease Agreement. Exception Cleared.


Seller Comment (2024-05-14): (Rate Lock) lease
 05/16/2024     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
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
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
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
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
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
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
221417500 [Redact] [Redact] [Redact] 30687108     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-16): Waived on Rate Lock: Collateral cleared by Custodian
 10/16/2024     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
221417500 [Redact] [Redact] [Redact] 31891474     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2024-10-17): Secondary valuation provided


Seller Comment (2024-10-17): CDA
 10/17/2024     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
221417500 [Redact] [Redact] [Redact] 31891487     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 (2024-10-17): Proof of receipt of the appraisal provided
 10/17/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221417500 [Redact] [Redact] [Redact] 31891488     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 (2024-10-17): Proof of receipt of the appraisal provided


Seller Comment (2024-10-16): ECOA
 10/17/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221417500 [Redact] [Redact] [Redact] 31891489     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 (2024-10-17): Proof of receipt of the appraisal provided


Seller Comment (2024-10-16): ECOA
 10/17/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B A A C B D A Non QM Non QM No
221417500 [Redact] [Redact] [Redact] 31891490     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 (2024-10-14): Client elected to waive the condition on the Non-QM 1st lien
     10/14/2024 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. D B A A C B D A Non QM Non QM Yes
221417500 [Redact] [Redact] [Redact] 31891494     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 (2024-10-24): [Redact] Received Corrected PCCD, LOE and Refund Check.


Seller Comment (2024-10-23): PCCD/Check


Reviewer Comment (2024-10-17): [Redact] Recording fee increased on Final CD dated [Redact] without valid COC. A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2024-10-16): Which fee is in question?
   10/24/2024   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
221417500 [Redact] [Redact] [Redact] 31891495     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 Re-Issue Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. The Credit Report Re-Issue Fee Amount of [Redact] exceeds tolerance of [Redact], however the lender provided a credit to cover the cost to cure.       Reviewer Comment (2024-10-17): 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 (2024-10-16): Please clear as lender credit in section J clear
 10/17/2024     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 D B A A C B D A Non QM Non QM Yes
221417500 [Redact] [Redact] [Redact] 31891496     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. The Credit Report Fee Amount of [Redact] exceeds tolerance of [Redact], however the lender provided a credit to cover the cost to cure.       Reviewer Comment (2024-10-17): 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 (2024-10-16): Please clear as lender credit in section J
 10/17/2024     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 D B A A C B D A Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 30691108     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-23): Waived on Rate Lock: Collateral cleared by Custodian
 09/23/2024     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
221419284 [Redact] [Redact] [Redact] 31677136     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.             09/18/2024 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
221419284 [Redact] [Redact] [Redact] 31677137     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]       Reviewer Comment (2024-09-18): Client elected to waive the condition on the Non-QM 1st lien
     09/18/2024 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 A A C B A A Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31677140     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. Waterfall finding due to the missing required Most recent tax return.       Reviewer Comment (2024-09-25): Lender provided a revised 1003 and 1008 removing the secondary self-employment income.


Seller Comment (2024-09-24): (Rate Lock) Disagree. The final 1003 dated [Redact] does not include any income from the Schedule C business. The final 1003 and 1008 that are in the file have been provided.


Reviewer Comment (2024-09-23): The final 1003 and 1008 in file qualified the borrower with the [Redact] per month self-employment income from schedule C.  If the income was not used to qualify, provided a revised 1003 and 1008.


Seller Comment (2024-09-23): (Rate Lock) As stated previously, a third-party verification was not required for the Schedule C business as it was not used to qualify. There is no need to document a business exists if its income is not being used to qualify.


Reviewer Comment (2024-09-20): Additional copy of the 2023 personal and business returns were provided.  The file is missing the Third Party Verification for the borrowers Sole Proprietorship (schedule C) used to qualify.  Condition remains


Seller Comment (2024-09-19): (Rate Lock) The 2023 personal and business returns have been provided.
 09/25/2024     1 B A C A B A C A B A   [Redact] Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31677141     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Schedule C Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. The file is missing third party verification of the borrower's Sole Proprietorship used to qualify.       Reviewer Comment (2024-09-25): Lender provided a revised 1003 and 1008 removing the secondary self-employment income.


Seller Comment (2024-09-24): (Rate Lock) Disagree. The final 1003 dated [Redact] does not include any income from the Schedule C business. The final 1003 and 1008 that are in the file have been provided.


Reviewer Comment (2024-09-23): The final 1003 and 1008 in file qualified the borrower with the [Redact] per month self-employment income from schedule C.  If the income was not used to qualify, provided a revised 1003 and 1008.


Seller Comment (2024-09-23): (Rate Lock) As stated previously, a third-party verification was not required for the Schedule C business as it was not used to qualify. There is no need to document a business exists if its income is not being used to qualify.


Reviewer Comment (2024-09-20): Additional copy of the 2023 personal and business returns were provided.  The file is missing the Third Party Verification for the borrowers Sole Proprietorship (schedule C) used to qualify.  Condition remains


Seller Comment (2024-09-19): (Rate Lock) Disagree. No income was used to qualify from the borrower's Schedule C business; therefore, third-party verification was not required. Only income from the 1120S [Redact] business was used to qualify.
 09/25/2024     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
221419284 [Redact] [Redact] [Redact] 31677142     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Waterfall finding due to the missing required Most recent tax return.       Reviewer Comment (2024-09-25): Lender provided a revised 1003 and 1008 removing the secondary self-employment income.
 09/25/2024     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
221419284 [Redact] [Redact] [Redact] 31677143     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]. No cure was provided to the borrower.       Reviewer Comment (2024-09-25): 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 (2024-09-24): (Rate Lock) Cure provided on final CD for [Redact] for CDA fee and increase to Transfer Taxes. [Redact] for CDA fee and [Redact] for Transfer Taxes
 09/25/2024     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 Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31677144     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 Attorney's Fee (Closing Agent and Other).  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent and Other). Fee Amount of [Redact] exceeds tolerance of [Redact].  No cure was provided to the borrower.       Reviewer Comment (2024-11-15): [Redact] received corrected PCCD and LOE


Seller Comment (2024-11-14): (Rate Lock) See attached LOE for the corrected CD.


Reviewer Comment (2024-11-13): [Redact] received Post CD. However, we would also require LOX to the borrower in order to cure the exception.


Seller Comment (2024-11-12): (Rate Lock) PCCD listing Title in front of Attorney Title Review Fee has been provided.


Reviewer Comment (2024-09-25): [Redact] received rebuttal. However, the Attorney Title review fee is not designated with Title prefix. In order to consider fee as Title fee; required PCCD with fee designated as "Title" or provide Cure Docs.


Seller Comment (2024-09-24): (Rate Lock) Attorney Title Review fee was paid to the Title company and part of Title company fees that borrower selected and was disclosed in section C as non testable fee. No violation for this fee.
 11/15/2024     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 Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31677145     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]. No cure was provided to the borrower.       Reviewer Comment (2024-09-25): 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 (2024-09-24): (Rate Lock) Cure provided on final CD for [Redact] for CDA fee and increase to Transfer Taxes. [Redact] for CDA fee and [Redact] for Transfer Taxes
 09/25/2024     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 Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31737814     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Lender provided a revised 1003 and 1008 removing the secondary self-employment income.  However, the DTI now exceeds the guideline max of 50.00%.  The difference is due to the lender did not include the consumer debt Auto/Lease of [Redact] per month in the DTI calculations.       Reviewer Comment (2024-09-27): Proof debt paid by business provided and DTI is within the guideline max


Seller Comment (2024-09-26): (Rate Lock) Disagree. The file contains 12 month's [Redact] business bank statements to document the business pays the [Redact] lease payment. The statements have been provided and have each payment highlighted in yellow.
 09/27/2024     1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221419284 [Redact] [Redact] [Redact] 31737822     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. Lender provided a revised 1003 and 1008 removing the secondary self-employment income.  However, the DTI now exceeds the guideline max of 50.00%.  The difference is due to the lender did not include the consumer debt Auto/Lease of [Redact] per month in the DTI calculations.       Reviewer Comment (2024-09-27): Proof debt paid by business provided and DTI is within the guideline max


Seller Comment (2024-09-26): (Rate Lock) Disagree. The file contains 12 month's [Redact] business bank statements to document the business pays the [Redact] lease payment. The statements have been provided and have each payment highlighted in yellow.
 09/27/2024     1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B A A C B A A Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 31737823     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. Lender provided a revised 1003 and 1008 removing the secondary self-employment income.  However, the DTI now exceeds the guideline max of 50.00%.  The difference is due to the lender did not include the consumer debt Auto/Lease of [Redact] per month in the DTI calculations.       Reviewer Comment (2024-09-27): Proof debt paid by business provided and DTI is within the guideline max


Seller Comment (2024-09-26): (Rate Lock) Disagree. The file contains 12 month's [Redact] business bank statements to document the business pays the [Redact] lease payment. The statements have been provided and have each payment highlighted in yellow.
 09/27/2024     1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221419284 [Redact] [Redact] [Redact] 31737824     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.67898% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Lender provided a revised 1003 and 1008 removing the secondary self-employment income.  However, the DTI now exceeds the guideline max of 50.00%.  The difference is due to the lender did not include the consumer debt Auto/Lease of [Redact] per month in the DTI calculations.       Reviewer Comment (2024-09-27): Proof debt paid by business provided and DTI is within the guideline max


Seller Comment (2024-09-26): (Rate Lock) Disagree. The file contains 12 month's [Redact] business bank statements to document the business pays the [Redact] lease payment. The statements have been provided and have each payment highlighted in yellow.
 09/27/2024     1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
221419284 [Redact] [Redact] [Redact] 32145983     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. Sufficient cure provided at closing.       Reviewer Comment (2024-11-15): Sufficient Cure Provided At Closing
   11/15/2024   1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
221419284 [Redact] [Redact] [Redact] 32145984     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 provided at closing.       Reviewer Comment (2024-11-15): Sufficient Cure Provided At Closing
   11/15/2024   1   A   A   A   A   A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
221420815 [Redact] [Redact] [Redact] 30693320     Credit Collateral Missing/Incorrect 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): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 07/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     D A   N/A No
221420815 [Redact] [Redact] [Redact] 31054935     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   The file was missing copy of the Appraisal.       Reviewer Comment (2024-07-10): Appraisal provided


Seller Comment (2024-07-10): appraisal uploaded to your site
 07/10/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     D A   N/A No
221420815 [Redact] [Redact] [Redact] 31054936     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided           Reviewer Comment (2024-07-10): Comparable rent schedule provided


Seller Comment (2024-07-10): appraisal uploaded to your site
 07/10/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     D A   N/A No
221420815 [Redact] [Redact] [Redact] 31054937     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided           Reviewer Comment (2024-07-10): Appraisal provided


Seller Comment (2024-07-10): appraisal
 07/10/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     D A   N/A No
221466481 [Redact] [Redact] [Redact] 30758947     Credit Collateral Missing/Incorrect 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
 09/02/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   C B C B B B A A Exempt from ATR Exempt from ATR No
221466481 [Redact] [Redact] [Redact] 31505545     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             08/27/2024 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 Exempt from ATR Exempt from ATR No
221466481 [Redact] [Redact] [Redact] 31505564     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Loan Payoff Statement not provided   The Mortgage Loan Payoff Statement is missing in the file.       Reviewer Comment (2024-08-30): Received Mortgage Loan Payoff Statement. Exception Cleared.


Seller Comment (2024-08-29): (Rate Lock) disagree --Please see attached, payoff on this was good till [Redact] and we have funded on the [Redact].
 08/30/2024     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 Exempt from ATR Exempt from ATR No
221466481 [Redact] [Redact] [Redact] 31505671     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.             08/27/2024 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 Exempt from ATR Exempt from ATR No
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
221528743 [Redact] [Redact] [Redact] 30826675     Credit Collateral Missing/Incorrect 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 A A B B A A Non QM Non QM No
221528743 [Redact] [Redact] [Redact] 31172058     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.             07/19/2024 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
221528743 [Redact] [Redact] [Redact] 31172059     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.             07/19/2024 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
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
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
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
221626125 [Redact] [Redact] [Redact] 31026664     Credit Collateral Missing/Incorrect 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
 09/13/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 31603518     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.               09/06/2024 2 B B B B B B B B B B   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 31603520     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrowed Property Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Escrowed Property Costs over Year 1 of  on Final Closing Disclosure provided on [Redact] are underdisclosed. CD reflects borrower will have an escrow account, but loan did not include escrows and the incorrect section on page 4 was completed       Reviewer Comment (2024-11-21): [Redact] received PCCD and LOE.


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of delivery.  However, per previous statement:  Unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-09-16): (Rate Lock) Corrected CD and Letter of Explanation to Borrower for correction to escrow section of CD.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31603527     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. The loan is failing ATR as the VOE provided is post closing,per the guidelines A verification of employment must be completed with the employer, verbally or in writing, and confirm the borrower's current employment status within 10 business days prior to the Note date.       Reviewer Comment (2024-09-13): Received VVOE. Exception Cleared.


Seller Comment (2024-09-12): (Rate Lock) See attached Verbal VOE confirming borrower's employment on [Redact] , one day prior to the note date.
 09/13/2024     1 B A C A B A C A B A   [Redact] Second Home Refinance - Limited Cash-out GSE Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31603528     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. The loan is failing ATR as the VOE provided is post closing,per the guidelines A verification of employment must be completed with the employer, verbally or in writing, and confirm the borrower's current employment status within 10 business days prior to the Note date.       Reviewer Comment (2024-09-13): Received VVOE. Exception Cleared.


Seller Comment (2024-09-12): (Rate Lock) See attached Verbal VOE confirming borrower's employment on [Redact] , one day prior to the note date.
 09/13/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 31603529     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. The loan is failing ATR as the VOE provided is post closing,per the guidelines A verification of employment must be completed with the employer, verbally or in writing, and confirm the borrower's current employment status within 10 business days prior to the Note date.       Reviewer Comment (2024-09-13): Received VVOE. Exception Cleared.
 09/13/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 31603530     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]. Missing final itemization of prepaid finance charges to determine cause of underdisclosure.       Reviewer Comment (2024-11-21): Cure docs received.  Loan on second home not subject to rescission.


Reviewer Comment (2024-11-21): Cure period has expired, and exception will remain as, "Unable to Cure."


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of mailing.  However, per previous comment:  Unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD.  Additionally, the underdisclosure totaled [Redact] and cure amount is short [Redact].  Provide a corrected Post Close CD, copy of additional cure refund of [Redact] and proof of mailing to finalize cure.  Second home did not require rescission.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD.  Additionally, the underdisclosure totaled [Redact] and cure amount is short [Redact].  Provide a corrected Post Close CD, copy of additional cure refund of [Redact] and proof of mailing to finalize cure.  Second home did not require rescission.


Seller Comment (2024-09-16): (Rate Lock) Restitution attached for [Redact] For TILA failure.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE 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
221626125 [Redact] [Redact] [Redact] 31603531     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]. Missing final itemization of prepaid finance charges to determine cause of underdisclosure.       Reviewer Comment (2024-11-21): Cure docs received.  Loan on second home not subject to rescission.


Reviewer Comment (2024-11-21): Cure period has expired, and exception will remain as, "Unable to Cure


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of mailing.  However, per previous comment:  Unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD.  Additionally, the underdisclosure totaled [Redact] and cure amount is short [Redact].  Provide a corrected Post Close CD, copy of additional cure refund of [Redact] and proof of mailing to finalize cure.  Second home did not require rescission.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD.  Additionally, the underdisclosure totaled [Redact] and cure amount is short [Redact].  Provide a corrected Post Close CD, copy of additional cure refund of [Redact] and proof of mailing to finalize cure.  Second home did not require rescission.


Seller Comment (2024-09-16): (Rate Lock) Restitution attached for [Redact] For TILA failure.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE 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
221626125 [Redact] [Redact] [Redact] 31603533     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Overdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] did not disclose the Monthly Escrow Payment. Final Closing Disclosure provided on [Redact] did not disclose the Monthly Escrow Payment.       Reviewer Comment (2024-09-06): Sufficient Cure Provided At Closing
   09/06/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Limited Cash-out GSE Provide the following: Letter of Explanation notifying borrower or error and Corrected CD C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31603534     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. Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account.       Reviewer Comment (2024-11-21): [Redact] received PCCD.


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of delivery.  However, per previous statement:  Unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-09-16): (Rate Lock) Corrected CD and Letter of Explanation to Borrower for correction to escrow section of CD.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31603535     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow Account TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. Section left blank on CD.       Reviewer Comment (2024-11-21): [Redact] received PCCD.


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of delivery.  However, per previous statement:  Unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-09-16): (Rate Lock) Corrected CD and Letter of Explanation to Borrower for correction to escrow section of CD.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31603567     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - The VOE provided is post closing, per the guidelines a verification of employment must be completed with the employer, verbally or in writing, and confirm the borrower's current employment status within 10 business days prior to the Note date.       Reviewer Comment (2024-09-13): Received VVOE. Exception Cleared.


Seller Comment (2024-09-12): (Rate Lock) See attached Verbal VOE confirming borrower's employment on [Redact] , one day prior to the note date.
 09/13/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 31604290     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrowed Property Costs Year 1 Overdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Escrowed Property Costs over Year 1 of  on Final Closing Disclosure provided on [Redact] are overdisclosed. CD reflects borrower will have an escrow account, but escrowed amounts over 1 year is left blank.       Reviewer Comment (2024-11-21): [Redact] received PCCD and LOE.


Seller Comment (2024-11-20): (Rate Lock) Provided PCCD and LOE


Reviewer Comment (2024-10-21): [Redact] received proof of delivery.  However, per previouos statement:  Final CD reflects on page 4 under Escrow Account that "will have an escrow account" and has shown blank in Escrowed property Costs, [Redact] in Non-Escrowed, blank in Initial Escrow payment and [Redact] in Monthly Escrow payment.  However, page 1 and 2 confirm that there is no escrowed costs.  Page 4 should be disclosed in the "will NOT have escrow account because".... Section and the Estimated Property costs over Year 1 listed there.  Exception remains, as per prior comment, the CD provided on [Redact] that reflectgs an [Redact] Issue date, which is same date as Final CD which was wet signed on [Redact], cannot be used as a Post Close Corrected CD.  the [Redact] CD wet signed [Redact] is the Final CD and any other issue dates on or before are "revised" CD's, not Post close corrected CD's.   If the CD provided on [Redact] is to be a Corrected CD, it must reflect a Post Close issue date and an LOE to borrower also be provided that would accompany a cure.


Seller Comment (2024-10-18): (Rate Lock) Proof of Delivery for the Restitution checks attached.


Reviewer Comment (2024-09-24): Final CD reflects on page 4 under Escrow Account that "will have an escrow account" and has shown blank in Escrowed property Costs, [Redact] in Non-Escrowed, blank in Initial Escrow payment and [Redact] in Monthly Escrow payment.  However, page 1 and 2 confirm that there is no escrowed costs.  Page 4 should be disclosed in the "will NOT have escrow account because".... Section and the Estimated Property costs over Year 1 listed there.  Exception remains, as per prior comment, the CD provided on [Redact] that reflectgs an [Redact] Issue date, which is same date as Final CD which was wet signed on [Redact], cannot be used as a Post Close Corrected CD.  the [Redact] CD wet signed [Redact] is the Final CD and any other issue dates on or before are "revised" CD's, not Post close corrected CD's.   If the CD provided on [Redact] is to be a Corrected CD, it must reflect a Post Close issue date and an LOE to borrower also be provided that would accompany a cure.


Seller Comment (2024-09-20): (Rate Lock) PCCD is only issued for TRID 0% and 10% violation usually there is no PCCD issued for TILA finance violations.


Reviewer Comment (2024-09-17): [Redact] received CD issued [Redact], copy of LOE, copy of cure for [Redact] and proof of mailing.  However, unable to utilize the CD as it has an issue date on or the Final CD date, which was executed, and the differing CD would be tested as a revised CD and not a "Corrected" Post Close CD. Provide a corrected Post Close CD dated after final CD for testing.


Seller Comment (2024-09-16): (Rate Lock) Corrected CD and Letter of Explanation to Borrower for correction to escrow section of CD.
   11/21/2024   2 C B C B C B C B C B   [Redact] Second Home Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31605896     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.         Reviewer Comment (2024-09-06): Sufficient Cure Provided At Closing
   09/06/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 31605897     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 Document Preparation Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-09-06): Sufficient Cure Provided At Closing
   09/06/2024   1 A A A A A A A A A A   [Redact] Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
221626125 [Redact] [Redact] [Redact] 32234275     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). Upon further review, the Occupancy Cert in file identified the subject was a primary residence.             11/21/2024 2   B   B   B   B   B   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Non QM Non QM No
221626125 [Redact] [Redact] [Redact] 32234276     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Second Home not provided   Upon further review, the file is missing a copy of the Second Home Rider attached to the Deed of Trust. Provide a copy of the Second Home Rider and proof that the DOT will be re-recorded with the rider.       Reviewer Comment (2024-11-28): Received updated re-recorded mortgage. Exception Cleared.


Seller Comment (2024-11-27): (Rate Lock)  There is no he Second Home Rider, please review Recorded Mortgage attached.
 11/28/2024     1   A   A   A   A   A   [Redact] Second Home Refinance - Limited Cash-out GSE   C B C A C B 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
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
221648120 [Redact] [Redact]   31084424     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file was missing a copy of the initial 1003       Reviewer Comment (2024-07-12): Received Initial 1003 application. Exception Cleared.


Seller Comment (2024-07-11): initial 1003
 07/12/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221648120 [Redact] [Redact]   31085544     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 (2024-07-12): Initial and Final Grade B, accepted
     07/12/2024 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 B B A A Non QM Non QM Yes
221648120 [Redact] [Redact]   31085545     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.         Reviewer Comment (2024-07-12): Disclosure provided


Seller Comment (2024-07-11): HCD
 07/12/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221648120 [Redact] [Redact]   31098761     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Per the guidelines, verification of rental history for 12 months is required.  The file contained the lease agreement but is missing 12 months cancelled checks or bank statements verifying the rental payment.       Reviewer Comment (2024-07-12): Business Bank statement in file verifies 12 months of rental history. Exception Cleared.


Seller Comment (2024-07-11): UW LOE
 07/12/2024     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
221648132 [Redact] [Redact]   31083630     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   The file was missing a copy of the title policy.       Reviewer Comment (2024-07-14): Received Title Commitment. Exception Cleared.


Seller Comment (2024-07-12): Title Commitment - final title policy not yet available.
 07/14/2024     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
221648132 [Redact] [Redact]   31083631     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 final title policy.       Reviewer Comment (2024-07-14): Received Title Commitment. Exception Cleared.


Seller Comment (2024-07-12): Title Commitment - final title policy not yet available.
 07/14/2024     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
221648134 [Redact] [Redact]   31087104     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. -         Reviewer Comment (2024-07-15): Received project approval. Exception Cleared.


Seller Comment (2024-07-12): Condo Warranty
 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
221651230 [Redact] [Redact] [Redact] 31086036     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-24): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/26/2024     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
221651230 [Redact] [Redact] [Redact] 31668755     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-09-18): Guarantor Agreement provided


Seller Comment (2024-09-18): guarantee
 09/18/2024     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
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
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
221657136 [Redact] [Redact] [Redact] 31099759     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-08-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-08-29): (Rate Lock) [Redact]
 08/30/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221664765 [Redact] [Redact] [Redact] 31123931     Credit Collateral Missing/Incorrect 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) [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
221672074 [Redact] [Redact] [Redact] 31126620     Credit Collateral Missing/Incorrect 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): [Redact]
 08/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
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
221778248 [Redact] [Redact] [Redact] 31190494     Credit Collateral Missing/Incorrect 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
 09/10/2024     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
221778248 [Redact] [Redact] [Redact] 31571714     Compliance Compliance State Compliance State HPML (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) [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.               09/03/2024 2 B B B B B B B B B B   [Redact] Primary Purchase No obvious cure B B A A B B A A Non QM Non QM No
221778248 [Redact] [Redact] [Redact] 32290480     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Interest Only not provided           Reviewer Comment (2025-02-04): Revised I/O note provided


Buyer Comment (2025-02-04): Provided via [Redact]
 02/04/2025     1   A   A   A   A   A   [Redact] Primary Purchase   B B A A B B A A Non QM Non QM No
221796289 [Redact] [Redact] [Redact] 31218009     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-27): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 09/30/2024     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
221796289 [Redact] [Redact] [Redact] 31746761     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 (2024-09-30): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-27): business purpose
 09/30/2024     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
221796289 [Redact] [Redact] [Redact] 31746764     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 (2024-09-30): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-09-27): Guarantor Agreement
 09/30/2024     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
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
221814334 [Redact] [Redact] [Redact] 31248735     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-23): Waived on Rate Lock: Collateral cleared by Custodian
 09/23/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
221814334 [Redact] [Redact] [Redact] 31669942     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 [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.             09/17/2024 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
221814334 [Redact] [Redact] [Redact] 31669959     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 (2024-09-24): Fraud Report provided


Seller Comment (2024-09-23): (Rate Lock) [Redact] has been provided.
 09/24/2024     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
221814334 [Redact] [Redact] [Redact] 31669964     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-09-24): Fraud Report provided


Seller Comment (2024-09-23): (Rate Lock) [Redact] has been provided.
 09/24/2024     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
221814334 [Redact] [Redact] [Redact] 31670009     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.             09/17/2024 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
221814334 [Redact] [Redact] [Redact] 31670011     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 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 (2024-09-30): [Redact] received proof of earlier electronic receipt


Seller Comment (2024-09-27): (Rate Lock) Loan Summary report provided showing the [Redact] CD was received on [Redact] by Electronic Delivery.


Reviewer Comment (2024-09-24): [Redact] received rebuttal that changed on [Redact] and closed on [Redact] which exceeded 3 business days and not APR change over .125%.  However, The initial CD issued[Redact] reflects an APR of [Redact], the subsequent CD issued [Redact] reflects an APR of [Redact] which is .451% change and is over .125%.  This then requires a 3 business day waiting period prior to closing.  The [Redact] CD does not have any proof of earlier receipt and mailbox rule is in effect with a receipt date of [Redact].  Consummation date is [Redact] and was not received 3 business days prior to closing.  Timing was not met based on documentation provided.  If earlier receipt of the [Redact] CD to meet timing, please provide.


Seller Comment (2024-09-23): (Rate Lock) Disagree - The change occurred on [Redact],however the loan did not close until [Redact] which exceed 3 business days.  In addition, the APR did not change by more than .125% so no violation occurred.
 09/30/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other TRID timing exception, no remediation available. C B C B C B A A Non QM Non QM No
221814334 [Redact] [Redact] [Redact] 31670012     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. The Collateral Desktop Analysis Fee Amount of [Redact] exceeds tolerance of [Redact], however the lender provided a credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-09-24): 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 (2024-09-23): (Rate Lock) Disagree - Lender Cure Credit provided to the borrower at closing for the over disclosure of the CDA fee in the amount of [Redact].  See CD dated [Redact] section J disclosing [Redact] cure credit.
 09/24/2024     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 B A A Non QM Non QM Yes
221814334 [Redact] [Redact] [Redact] 31670013     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]. No cure was provided to the borrower.       Reviewer Comment (2024-11-08): [Redact] Received Corrected PCCD, LOE, Payment history and Refund Check.


Seller Comment (2024-11-07): (Rate Lock) Copy of check has been provided.


Reviewer Comment (2024-10-01): [Redact] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Payment details. However, provided PCCD reflects Lender cure credit in the amount of [Redact] on Page 3 payoff and payment section instead of page 2 section J in inner column and copy of refund check was not located in the loan file. Provide corrected PCCD to reflects lender cure credit in inner column of section J on page 2 and copy of refund check of [Redact] to complete remediation.


Seller Comment (2024-09-27): (Rate Lock) Restitution Docs have been received and provided.  The Vendor Payments document is proof of payment.
   11/08/2024   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 C B C B A A Non QM Non QM Yes
221819332 [Redact] [Redact]   31268127     Credit Credit Miscellaneous Guideline Credit Exception:   The is an approved lender exception in the file: the borrower is 50% in LLC, other 50% owner is not a borrower. Miscellaneous

The representative FICO score exceeds the guideline minimum by at least 40 points.		 5.77 months reserves gt min required of 4 months. Aggregator

SitusAMC		 Reviewer Comment (2024-08-05): Client elected to waive the condition with the following Comp Factors: 0X30 on all mortgages since 2011, 5.77 months reserves gt min required of 4 months.
     08/05/2024 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
221822238 [Redact] [Redact] [Redact] 31261092     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian
 10/24/2024     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
221822238 [Redact] [Redact] [Redact] 31944278     Credit Guideline Guideline Issue Guideline Missing required Transcript (1040) or W-2 Transcript. - The file is missing two years' W2 transcripts for the borrower, as required by the guidelines.       Reviewer Comment (2024-11-06): Received W-2 Transcripts. Exception Cleared.


Seller Comment (2024-11-05): (Rate Lock) transcripts


Reviewer Comment (2024-10-25): Required W-2 Transcripts. Exception Remains.


Seller Comment (2024-10-24): (Rate Lock) W2s
 11/06/2024     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
221822238 [Redact] [Redact] [Redact] 31944880     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). Final 1003 evidence the consumer intends to occupy the subject property as their primary residence             10/21/2024 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
221822238 [Redact] [Redact] [Redact] 31948751     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - The declarations section of the final 1003 for the co-borrower, disclosed that the property would be occupied as a primary residence.  Provide a revised final 1003 for the co-borrower correcting the declarations section.       Reviewer Comment (2024-10-28): Revised 1003 provided


Seller Comment (2024-10-28): (Rate Lock) 1003
 10/28/2024     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
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
221824579 [Redact] [Redact] [Redact] 31267143     Credit Collateral Missing/Incorrect 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): (Rate Lock) [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
221829463 [Redact] [Redact] [Redact] 31277868     Credit Collateral Missing/Incorrect 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 B A B     A A   N/A No
221829463 [Redact] [Redact] [Redact] 31658367     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 (2024-09-24): Received PDI. Exception Cleared.


Seller Comment (2024-09-24): Please see attached inspection report.


Reviewer Comment (2024-09-18): FEMA testing built into the diligence testing platform and the subject was identified as being in a FEMA disaster area.  A post-disaster inspection is required.  Condition is valid and remains open


Seller Comment (2024-09-18): Please see attached. Property is in [Redact], which was not included in the declaration.


Reviewer Comment (2024-09-18): Provide a post-disaster inspection dated after the declaration end date of [Redact]. Exception Remains.


Seller Comment (2024-09-17): Please verify if this is for Hurricane [Redact] with end date of [Redact].  DR-4806-FL
The end date in the finding is for a future date.
 09/24/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A B A B     A A   N/A No
221829463 [Redact] [Redact] [Redact] 31772843     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: ___		 Upon further review, the subject is located in a FEMA disaster area.  The declared end date has not been identified yet.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-28): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Reviewer Comment (2024-10-28): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]


Seller Comment (2024-10-28): Please see attached inspection.
     10/28/2024 2   B   B   B   B   B   [Redact] Investment Purchase   A B A 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
221830535 [Redact] [Redact]   31284399     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 (2024-08-07): Initial and Final Grade B, accepted
     08/07/2024 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 B B A A Non QM Non QM Yes
221830535 [Redact] [Redact]   31303704     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   The appraisal identified the subject is a PUD.  The PUD Rider was not in file nor attached to the Mortgage.  Provide a copy of the PUD Rider and an attestation confirming the Mortgage will be re-recorded with the PUD Rider.  Note: if the subject is not a PUD, a revised appraisal is required.       Reviewer Comment (2024-09-17): Received revised appraisal report removing the PUD. Exception Cleared.


Seller Comment (2024-09-16): Revised Appraisal - not in PUD


Reviewer Comment (2024-09-11): Seller rebuttal states subject is not in a PUD.  A revised appraisal removing the PUD designation is required.  Condition remains


Seller Comment (2024-09-11): Per title - not in a PUD - supporting documents attached
 09/17/2024     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
221830535 [Redact] [Redact]   31303705     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   The file is missing documentation verifying the borrower is living rent free.       Reviewer Comment (2024-08-08): Verification of borrower's non-ownership in the departure residence was provided


Seller Comment (2024-08-07): No requirement in GLs to verify living rent free. property profile uploaded showing relative owns
 08/08/2024     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
221830535 [Redact] [Redact]   31912826     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: ___		 Upon further review, the subject is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage.       Reviewer Comment (2024-10-24): Received Post Disaster Inspection Report. Exception Cleared.


Seller Comment (2024-10-23): Disaster Inspection
 10/24/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C B C A B B A A Non QM Non QM No
221830762 [Redact] [Redact] [Redact] 31279248     Credit Collateral Missing/Incorrect 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
 09/10/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221830762 [Redact] [Redact] [Redact] 31592591     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-09-12): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-11): Business Purpose Certificate
 09/12/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221836069 [Redact] [Redact] [Redact] 31288462     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian
 11/21/2024     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
221836069 [Redact] [Redact] [Redact] 32151452     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-11-21): Received fraud report. Exception Cleared.


Seller Comment (2024-11-21): (Rate Lock) [Redact]  Report provided
 11/21/2024     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
221836069 [Redact] [Redact] [Redact] 32151457     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 (2024-11-21): Received fraud report. Exception Cleared.


Seller Comment (2024-11-21): (Rate Lock) [Redact]  Report provided
 11/21/2024     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
221836069 [Redact] [Redact] [Redact] 32151577     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.             11/18/2024 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
221836069 [Redact] [Redact] [Redact] 32151580     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. The Collateral Desktop Analysis Fee Amount of [Redact] Wasn't disclosed to the borrower on the LE, however there was a lender credit of [Redact]  to cover the cost to cure.       Reviewer Comment (2024-11-22): 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 (2024-11-21): (Rate Lock) The Lender Cure Credit in the amount of [Redact] was provided to the borrower at closing and is disclosed on the Final Signed CD.  Restitution documents are not required due to the cure was provided at closing.
 11/22/2024     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 B A A Non QM Non QM Yes
221836069 [Redact] [Redact] [Redact] 32151581     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 Of Employment Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. The Verification Of Employment Fee was disclosed to the borrower on the LE as [Redact], the final CD shows the fee as [Redact], there was no lender credit to cover the cost to cure.       Reviewer Comment (2024-11-22): [Redact] received a valid COC.


Seller Comment (2024-11-21): (Rate Lock) Disagree - VOE Fee increased due to adding borrower Richard P. Rexrode to the loan.  See COC History.
 11/22/2024     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 B A A Non QM Non QM Yes
221836069 [Redact] [Redact] [Redact] 32156135     Credit Credit Miscellaneous Guideline Credit Exception:   Seller took title less than 181 days. Seller and another person deeded property to LLC [Redact], then deeded from LLC to just add seller on [Redact]. Seller is not 100% owner of LLC.  Client exception approval 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.

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%.		 **Job stability (15 years).

**Post-close reserves [Redact] (8.6X; [Redact]x6= [Redact])

**LTV 70%  is 15 below program maximum (85).		 SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-11-18): Client elected to waive the condition with the following Compensating Factors:
**LTV 63.23 is 21 below program maximum (85).
**Post-close reserves [Redact] (7.9x; [Redact]x6= [Redact]) of which [Redact] is retirement.
**Job stability (15 years).
     11/18/2024 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
221836069 [Redact] [Redact] [Redact] 32234966     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 (2024-11-22): Sufficient Cure Provided At Closing
   11/22/2024   1   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
221836219 [Redact] [Redact] [Redact] 31288901     Credit Collateral Missing/Incorrect 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 B A B     A A   N/A No
221836219 [Redact] [Redact] [Redact] 31697570     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.  A post-disaster inspection dated after the declaration end date of [Redact] is required.       Reviewer Comment (2024-09-24): Post-disaster inspection provided


Seller Comment (2024-09-24): disaster
 09/24/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A B A B     A A   N/A No
221836219 [Redact] [Redact] [Redact] 31772844     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: ___		 Upon further review, the subject is located in a FEMA disaster area.  The declared end date has not been identified yet.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-28): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-10-28): disaster


Reviewer Comment (2024-10-23): The post-disaster inspection provided had an inspection date of [Redact] which is prior to the latest FEMA disaster declaration date of [Redact].  Provide a post-disaster inspection verifying no damage, inspected after [Redact]. Condition remains


Reviewer Comment (2024-10-23): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]


Seller Comment (2024-10-23): disaster
     10/28/2024 2   B   B   B   B   B   [Redact] Investment Purchase   A B A B     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
221859573 [Redact] [Redact]   31501796     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file was missing a copy of the 1003 Final.       Reviewer Comment (2024-08-30): Received Final 1003. Exception Cleared.


Seller Comment (2024-08-29): 1003
 08/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501801     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   The file was missing a copy of the Flood Certificate.       Reviewer Comment (2024-08-30): Received Flood Certificate. Exception Cleared.


Seller Comment (2024-08-29): flood cert
 08/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501803     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 (2024-08-30): Received Fraud Report. Exception Cleared.


Seller Comment (2024-08-29): [Redact]
 08/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501807     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   The file was missing a copy of the Purchase Agreement / Sales Contract.       Reviewer Comment (2024-08-30): Received Purchase Agreement. Exception Cleared.


Seller Comment (2024-08-29): contract
 08/30/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501847     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 purposes.       Reviewer Comment (2024-09-16): Received CDA Report. Exception Cleared.


Seller Comment (2024-09-13): CDA


Reviewer Comment (2024-08-30): Primary Appraisal was provided in trailing docs. Loan file is missing Secondary Valuation.


Seller Comment (2024-08-29): appraisal
 09/16/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501859     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-08-30): Received Fraud Report. Exception Cleared.


Seller Comment (2024-08-29): [Redact]
 08/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31501873     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 (2024-08-30): Received Disclosure Summary. Exception Cleared.


Seller Comment (2024-08-29): tracking
 08/30/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502437     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   The DTI exceeds the guideline max.  The difference is the borrower qualified the REO at [Redact] with rental income; however documentation to support the rent (lease agreement or other documentation) was missing from the file.       Reviewer Comment (2024-11-13): Revised tax cert, IEAD, post-close CD provided verifying less property taxes used to qualify.  As a result, the DTI is below the program max.


Seller Comment (2024-11-13): PCCD, IEADs; LOE and Tax cert


Reviewer Comment (2024-11-13): A post-close CD was provided lowering the property taxes on the subject.  The file does not contain a tax cert or other documentation to support the lower tax amounts updated on the PCCD.  Also, a revised Initial Escrow Account Disclosure and letter of explanation sent to the borrower is required to disclose the changes made on the post-close CD.


Seller Comment (2024-11-12): PC CD updating corrected tax and lowering DTI
 11/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502479     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 (2024-10-01): Proof of receipt of appraisal provided
 10/01/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502480     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. 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.       Reviewer Comment (2024-10-01): Proof of receipt of appraisal provided
 10/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502481     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. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2024-10-01): Received proof of Appraisal delivery. Exception Cleared.


Seller Comment (2024-09-30): Appraisal delivery
 10/01/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502482     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 (2024-10-01): Initial and Final Grade B, Accepted.
     10/01/2024 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. D B D B C B D A Non QM Non QM Yes
221859573 [Redact] [Redact]   31502483     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 (2024-11-13): Revised tax cert, IEAD, post-close CD provided verifying less property taxes used to qualify.  As a result, the DTI is below the program max.
 11/13/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D B C B D A Non QM Non QM Yes
221859573 [Redact] [Redact]   31502484     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 (2024-11-13): Revised tax cert, IEAD, post-close CD provided verifying less property taxes used to qualify.  As a result, the DTI is below the program max.
 11/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502486     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 45.52825% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) The DTI exceeds the guideline max.  The difference is the borrower qualified the REO at [Redact] with rental income; however documentation to support the rent (lease agreement or other documentation) was missing from the file.       Reviewer Comment (2024-11-13): Revised tax cert, IEAD, post-close CD provided verifying less property taxes used to qualify.  As a result, the DTI is below the program max.
 11/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502487     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       Reviewer Comment (2024-08-30): IEAD provided. Exception cleared.


Seller Comment (2024-08-29): IEAD
 08/30/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502488     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. List of Homeowner Counseling Organizations       Reviewer Comment (2024-10-01): Disclosure provided


Seller Comment (2024-09-30): HCD
 10/01/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   31502489     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]. No cure was provided to the borrower.       Reviewer Comment (2024-08-30): [Redact] received valid COC dated [Redact].


Seller Comment (2024-08-29): ciC
 08/30/2024     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 D B D B C B D A Non QM Non QM Yes
221859573 [Redact] [Redact]   31903708     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.   Upon further review, the subject is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-24): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-10-24): disaster inspection
     10/24/2024 2   B   B   B   B   B   [Redact] Primary Purchase   D B D B C B D A Non QM Non QM No
221859573 [Redact] [Redact]   32128098     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2024-11-13): Post-close CD, revised IEAD, and additional documentation provided verifying lower property taxes
   11/13/2024   2   B   B   B   B   B   [Redact] Primary Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.		 D B D B C B D A Non QM Non QM Yes
221859573 [Redact] [Redact]   32128099     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Escrow Payment Over Disclosed Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.         Reviewer Comment (2024-11-13): Sufficient Cure Provided At Closing
   11/13/2024   1   A   A   A   A   A   [Redact] Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD D B D B C B D A Non QM Non QM Yes
221859573 [Redact] [Redact]   32128104     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Overdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. Post-close CD, revised IEAD, and additional documentation provided verifying lower property taxes       Reviewer Comment (2024-11-13): Sufficient Cure Provided At Closing
   11/13/2024   1   A   A   A   A   A   [Redact] Primary Purchase Provide the following: Letter of Explanation notifying borrower or error and Corrected CD D B D B C B D A Non QM Non QM Yes
221864757 [Redact] [Redact] [Redact] 31339447     Credit Collateral Missing/Incorrect 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
 09/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221864757 [Redact] [Redact] [Redact] 31628757     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 (2024-09-18): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-09-17): cert upld
 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
221873674 [Redact] [Redact] [Redact] 31355569     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-21): Collateral delivered  on [Redact] via [Redact] tracking [Redact].
 10/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
221873674 [Redact] [Redact] [Redact] 31929806     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: ___		 Post-disaster inspection provided; however declared end date not identified yet. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-17): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     10/17/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
221874186 [Redact] [Redact]   31361404     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file was missing Articles of Organization/Formation       Reviewer Comment (2024-08-14): Articles of Organization provided


Seller Comment (2024-08-14): Articles
 08/14/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221875418 [Redact] [Redact] [Redact] 31364398     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-11): Waived on Rate Lock: Collateral cleared by Custodian
 10/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221875418 [Redact] [Redact] [Redact] 31876542     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 (2024-10-14): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-10-11): Please see attached
 10/14/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
221875418 [Redact] [Redact] [Redact] 31921093     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Upon further review, the file is missing a copy of the PPP Note Addendum.       Reviewer Comment (2024-10-17): Received Prepayment Note Addendum. Exception Cleared.


Seller Comment (2024-10-16): Please see attached prepay to note
 10/17/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A     A A   N/A Yes
221875418 [Redact] [Redact] [Redact] 31921109     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   Upon further review, the file is missing a copy of the PPP Rider attached to the Mortgage.       Reviewer Comment (2024-10-17): Received Prepayment Rider. Exception Cleared.


Seller Comment (2024-10-16): Please see attached rider
 10/17/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A     A A   N/A No
221876014 [Redact] [Redact] [Redact] 31365193     Credit Collateral Missing/Incorrect 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   C B C B     A A   N/A No
221876014 [Redact] [Redact] [Redact] 31657030     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]. 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 assets [Redact] in stocks 1624 months reserves where 15 is required (108X)

FICO: 734 where the minimum is 700		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-09-16): Client elected to waive the condition with the following Compensating Factors:
FICO: 734 where the minimum is 700
Post close assets [Redact] in stocks 1624 months reserves where 15 is required (108X)
19 years mortgage history paid as agreed
     09/16/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
221876014 [Redact] [Redact] [Redact] 31662633     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 (2024-09-18): Received Project Approval Letter. Exception Cleared.


Seller Comment (2024-09-17): Please see attached approval.
 09/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221876014 [Redact] [Redact] [Redact] 31662674     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 for First Time Investor's is 1.15.  The calculated DSCR is 1.02.  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.		 Post close assets [Redact] in stocks 1624 months reserves where 15 is required (108X)

FICO: 734 where the minimum is 700		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-09-16): Client elected to waive the condition with the following Compensating Factors:
FICO: 734 where the minimum is 700
Post close assets [Redact] in stocks 1624 months reserves where 15 is required (108X)
19 years mortgage history paid as agreed
     09/16/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
221880199 [Redact] [Redact] [Redact] 31375557     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-27): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 09/27/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221892034 [Redact] [Redact] [Redact] 31387943     Credit Collateral Missing/Incorrect 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): Please see [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
221892819 [Redact] [Redact] [Redact] 31388599     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-09): Waived on Rate Lock: Collateral cleared by Custodian
 10/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
221892833 [Redact] [Redact]   31388648     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation document is missing.       Reviewer Comment (2024-08-06): Received Articles of Organization/Formation document. Exception Cleared


Buyer Comment (2024-08-02): Attached Articles of Org
 08/06/2024     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
221892833 [Redact] [Redact]   31388649     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing document is missing.       Reviewer Comment (2024-08-06): Received Certificate of Good Standing document . Exception Cleared


Buyer Comment (2024-08-02): Attached Cert of Good Standing
 08/06/2024     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
221892833 [Redact] [Redact]   31388652     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement document is missing.       Reviewer Comment (2024-08-06): Received Operating Agreement document. Exception Cleared


Buyer Comment (2024-08-02): [Redact] Entity Documents
 08/06/2024     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
221913283 [Redact] [Redact] [Redact] 31431921     Credit Collateral Missing/Incorrect 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   A A A A     A A   N/A No
221923673 [Redact] [Redact]   31459050     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 is dated [Redact] and note date [Redact].  Guidelines require appraisal to be delivered 3 days prior to the Note Date.       Buyer Comment (2024-08-06): Lender acknowledged non material EV2


Reviewer Comment (2024-08-05): Documentation provided showing the borrower received the appraisal on [Redact]. The loan closed [Redact], so the appraisal was not provided within 3 days of closing.


Buyer Comment (2024-08-01): Download Cert - please note download date is at the bottom (not the date at the the top)
     08/06/2024 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
221923673 [Redact] [Redact]   31459051     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 (2024-07-25): Acknowledged as non-material.
     07/25/2024 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
221923673 [Redact] [Redact]   31459053     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2024-07-30): Closing Protection Letter received. Exception Cleared


Buyer Comment (2024-07-26): CPL
 07/30/2024     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
221925699 [Redact] [Redact] [Redact] 31460759     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-23): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 10/24/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Home Improvement   C B C B     A A   N/A No
221925699 [Redact] [Redact] [Redact] 31945758     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 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 declaration date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-28): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-10-28): Please see attached inspection.
     10/28/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Home Improvement   C B C B     A A   N/A No
221926709 [Redact] [Redact]   31496849     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 (2024-09-02): Received email from agent. Exception Cleared.


Seller Comment (2024-08-30): Agent Email
 09/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
221926709 [Redact] [Redact]   31503084     Credit Asset Asset Eligibility Asset Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines   5.43% seller concessions > 3% maximum allowed per guidelines.  The file contained a lender exception approval. 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.		 8.12 months reserves exceeds min required of 3 months SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-08-29): Client elected to waive the condition with the following Comp Factors: 8.12 months reserves exceeds min required of 3 months, 0X30 on all mortgages since 2007
     08/29/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221926709 [Redact] [Redact]   31503090     Credit Guideline Guideline Issue Guideline The Borrower's minimum contribution was not met, per guidelines. LTV: ___;
Purpose: ___;
Percent of Borrower's Contribution: ___		 The borrower did not contribute 10% of their own funds into the transaction, required by the guidelines.  There is a 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.		 8.12 months reserves exceeds min required of 3 months SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-08-29): Client elected to waive the condition with the following Comp Factors: 8.12 months reserves exceeds min required of 3 months, 0X30 on all mortgages since 2007
     08/29/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
221928048 [Redact] [Redact] [Redact] 31472487     Credit Collateral Missing/Incorrect 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): Note tracking #[Redact], and Mort and Title 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
221928048 [Redact] [Redact] [Redact] 31657349     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-09-18): Business purpose cert provided


Seller Comment (2024-09-18): business purpose cert
 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
221933785 [Redact] [Redact] [Redact] 31497424     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-17): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/18/2024     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
221936313 [Redact] [Redact] [Redact] 31499510     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-29): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-28): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/29/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
221936313 [Redact] [Redact] [Redact] 31960452     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement       Reviewer Comment (2024-10-25): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-10-24): guaranty
 10/25/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
221937273 [Redact] [Redact] [Redact] 31502431     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian
 11/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE   A A A A A A A A Non QM Non QM No
221937273 [Redact] [Redact] [Redact] 32059570     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 Warehousing Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. The Title-warehousing fee wasn't disclosed to the borrower on the LE however There was a lender credit to cover the cost to cure.       Reviewer Comment (2024-11-06): Sufficient Cure Provided At Closing
   11/06/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
221937558 [Redact] [Redact] [Redact] 31502793     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-08): Waived on Rate Lock: Collateral cleared by Custodian
 10/08/2024     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
221939862 [Redact] [Redact] [Redact] 31514836     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-20): collateral delivered [Redact] via [Redact] tracking [Redact]
 09/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
221939862 [Redact] [Redact] [Redact] 31683048     Credit Credit Miscellaneous Guideline Credit Exception:   Per the guidelines, the max allowable loans using the guidelines is 1 for First Time Investors.  Exception approval allowing the First-Time Investor to close a second loan. 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 assets: [Redact] in stocks 39 months where six months is required SitusAMC,Originator Pre-Close,Aggregator

SitusAMC		 Reviewer Comment (2024-09-19): Client elected to waive the condition with the following Compensating Factors:
FICO 736 where the minimum is 700
Credit Depth: mortgage history dates to 2003 trade history dates to 1992. All credit paid as agreed.  
Post close assets: [Redact] in stocks 39 months where six months is required
     09/19/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
221939862 [Redact] [Redact] [Redact] 31683078     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-09-20): Guarantor Agreement provided


Seller Comment (2024-09-20): guarantor
 09/20/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
221942218 [Redact] [Redact] [Redact] 31516036     Credit Collateral Missing/Incorrect 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): 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
221942250 [Redact] [Redact] [Redact] 31516397     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-18): collateral delivered [Redact]  via [Redact] tracking [Redact]
 11/19/2024     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
221942250 [Redact] [Redact] [Redact] 32126541     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 ___. The loan amount is below the required minimum of [Redact].  However, there is an approved lender exception in file approving this exception based on compensating factors. 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 Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.		 Pre close assets are [Redact] 63 months where 6 months is required (10X)

DSCR of 1.91 where the minimum is 1.0		 SitusAMC

Originator,Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-11-13): Client elected to waive the condition with the following Compensating Factors:
Pre close assets are [Redact] 63 months where 6 months is required (10X)
DSCR of 1.91 where the minimum is 1.0
Experienced investor with over 20 years experience as a landlord.
     11/13/2024 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
221942268 [Redact] [Redact] [Redact] 31516608     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-23): Waived on Rate Lock: Collateral cleared by Custodian
 09/23/2024     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
221942268 [Redact] [Redact] [Redact] 31668723     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Copy of Fraud Report is not available in file.       Reviewer Comment (2024-09-19): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-18): (Rate Lock) [Redact] has been provided.
 09/19/2024     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
221942268 [Redact] [Redact] [Redact] 31668726     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Exception has been raised for missing Fraud Report.       Reviewer Comment (2024-09-19): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-18): (Rate Lock) [Redact] has been provided.
 09/19/2024     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
221942268 [Redact] [Redact] [Redact] 31668737     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.             09/17/2024 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
221942268 [Redact] [Redact] [Redact] 31669258     Credit Credit Miscellaneous Guideline Credit Exception:   The income on the final 1003 doesn't match the income on the final 1008, Provide a revised 1008 or 1003 confirming the correct income used to qualify.       Reviewer Comment (2024-09-19): Received revised Final 1003. Exception Cleared.


Seller Comment (2024-09-18): (Rate Lock) The income used to qualify was [Redact] as shown on the 1008. A revised 1003 has been provided.
 09/19/2024     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
221942268 [Redact] [Redact] [Redact] 31772840     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: ___		 Upon further review, the subject is located in a FEMA disaster area.  The declared end date has not been identified yet.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-28): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Reviewer Comment (2024-10-28): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]


Seller Comment (2024-10-25): (Rate Lock) Post Disaster Inspection report has been provided. Please review document attached.
     10/28/2024 2   B   B   B   B   B   [Redact] Primary Purchase   C B C B B B A A Non QM Non QM No
221946698 [Redact] [Redact] [Redact] 31526451     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-08): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 10/10/2024     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
221946698 [Redact] [Redact] [Redact] 31816082     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 is required on all properties and there is no evidence of this insurance in the file.       Reviewer Comment (2024-10-23): Landlord policy endorsement provided and includes rent loss coverage.


Seller Comment (2024-10-22): Please see attached policy.


Reviewer Comment (2024-10-15): An additional copy of the policy was provided.  The policy is identified as a Landlords Package Policy [Redact]; however unable to determine the amount of rent loss coverage.  Provide a copy of the [Redact] endorsement or other documentation to verify the rent loss coverage.  Condition remains


Seller Comment (2024-10-14): Please see attached policy.
 10/23/2024     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
221953851 [Redact] [Redact] [Redact] 31535264     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-08): (Rate Lock) [Redact]
 10/10/2024     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
221953851 [Redact] [Redact] [Redact] 31831025     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 Desk Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-10-07): Sufficient Cure Provided At Closing
   10/07/2024   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
221953851 [Redact] [Redact] [Redact] 31837170     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.             10/07/2024 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
221953851 [Redact] [Redact] [Redact] 31837171     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 (2024-11-12): Proof of receipt of the appraisal provided


Seller Comment (2024-11-11): (Rate Lock) LOX confirming appraisal received [Redact]


Reviewer Comment (2024-11-04): No new information was provided.  The loan has been previously elevated to the [Redact] Compliance department and the condition is valid.  The borrower must receive a copy of the appraisal at least three business days prior to closing and when proof of delivery only is provided, the three day mail rule applies.  The condition is valid and remains open.


Seller Comment (2024-11-04): Appraisal Delivery


Reviewer Comment (2024-10-22): There was no new information provided.  The appraisal was not provided to the borrower at least three business days from consummation, [Redact].  Proof of the borrower's receipt of the appraisal on or prior to [Redact] will clear the condition.  Condition is valid and remains open


Seller Comment (2024-10-21): The borrower was sent the appraisal on [Redact], the disbursement date was [Redact] as this is a dry funding state. Appraisal sent to borrowers within timeframe and proof of viewing is not required by guidelines TRID. Please have this suspense cleared. Documentation of appraisal sent within timeframe provided.


Reviewer Comment (2024-10-18): Proof of receipt at least three business days prior to closing is required.  Proof of delivery without proof of receipt is tested using the 3 day mail rule.  Condition is valid and remains open


Seller Comment (2024-10-17): We have never had an issue with the provided documentation it shows the borrower was sent the appraisal on [Redact]


Reviewer Comment (2024-10-16): Additional copies of the documents provided in the initial file were reviewed.  The documents identify the appraisal was sent electronically to the borrowers on [Redact] but does not verify the date the appraisal was received/downloaded/viewed by the borrowers.  The three-day mail rule applies and the receipt date for testing is [Redact], which is post-closing.  The report date of the appraisal is [Redact], so the borrowers were required to receive the appraisal on [Redact].  The Appraisal/Valuation Acknowledgement disclosure is not acceptable to verify receipt at least three business days prior to closing since the disclosure states the signature acknowledges EITHER: receipt of the valuation report three or more business days prior to closing OR that the borrowers previously waived the right to receive a copy of the valuation report three or more business days prior to closing.  Condition is valid and remains open


Seller Comment (2024-10-15): Delivered [Redact] closed [Redact]


Reviewer Comment (2024-10-11): Because the acknowledgement gives the alternative that the borrowers waived their right, it cannot be used.


Seller Comment (2024-10-09): Ecoa
 11/12/2024     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
221953851 [Redact] [Redact] [Redact] 31837172     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 (2024-11-12): Proof of receipt of the appraisal provided


Seller Comment (2024-11-11): (Rate Lock) LOX confirming appraisal received [Redact]


Reviewer Comment (2024-10-18): Proof of receipt at least three business days prior to closing is required.  Proof of delivery without proof of receipt is tested using the 3 day mail rule.  Condition is valid and remains open


Seller Comment (2024-10-17): We have never had an issue with the provided documentation it shows the borrower was sent the appraisal on [Redact]


Reviewer Comment (2024-10-16): Additional copies of the documents provided in the initial file were reviewed.  The documents identify the appraisal was sent electronically to the borrowers on [Redact] but does not verify the date the appraisal was received/downloaded/viewed by the borrowers.  The three-day mail rule applies and the receipt date for testing is [Redact], which is post-closing.  The report date of the appraisal is [Redact], so the borrowers were required to receive the appraisal on [Redact].  The Appraisal/Valuation Acknowledgement disclosure is not acceptable to verify receipt at least three business days prior to closing since the disclosure states the signature acknowledges EITHER: receipt of the valuation report three or more business days prior to closing OR that the borrowers previously waived the right to receive a copy of the valuation report three or more business days prior to closing.  Condition is valid and remains open


Seller Comment (2024-10-15): Delivered [Redact] closed [Redact]


Reviewer Comment (2024-10-11): Because the acknowledgement gives the alternative that the borrowers waived their right, it cannot be used.


Seller Comment (2024-10-09): ECOA
 11/12/2024     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
221953852 [Redact] [Redact] [Redact] 31535267     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-18): (Rate Lock) [Redact]
 11/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
221953852 [Redact] [Redact] [Redact] 32135657     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The Note Addendum-Prepayment provided iswn't signed by the borrower.       Reviewer Comment (2024-12-11): Received Prepayment Note Addendum. Exception Cleared.


Seller Comment (2024-12-10): Attached the signed Prepayment Rider


Reviewer Comment (2024-11-26): An additional copy of the unexecuted PPP Addendum to the Note was provided.  The fully executed copy is required to clear the condition.  Condition remains


Seller Comment (2024-11-26): Attached the Prepayment Addendum to the Note.


Reviewer Comment (2024-11-21): Required Signed Note Addendum-Prepayment. Exception Remains.


Seller Comment (2024-11-20): Attached the signed Prepayment Rider
 12/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A Yes
221979360 [Redact] [Redact]   31547396     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 waiver       Buyer Comment (2024-07-30): Lender acknowledged non material EV2


Buyer Comment (2024-07-30): LOX
     07/30/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C A C B A A   N/A No
221979360 [Redact] [Redact]   31547397     Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided   Flood Insurance Policy missing in the file for subject property.       Reviewer Comment (2024-08-01): Received Master Flood policy. Exception Cleared


Buyer Comment (2024-07-30): Flood w/correct address


Reviewer Comment (2024-07-25): Received Flood Insurance Master Policy documents does not reflect subject property address under property location. Exception Remains.


Buyer Comment (2024-07-25): Flood master policy


Buyer Comment (2024-07-23): Please disregard Flood Cert uploaded in error.


Buyer Comment (2024-07-23): Flood Cert
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A C B A A   N/A No
221979360 [Redact] [Redact]   31547398     Compliance Compliance Federal Compliance Flood Flood Insurance Policy Missing The subject property is in a flood zone, evidence of flood insurance was not provided/obtained. Failure to obtain and disclose required insurance may result in additional federal and/or state compliance violations.         Reviewer Comment (2024-08-01): Received Master Flood Policy. Exception cleared


Buyer Comment (2024-07-30): Flood insurance uploaded
 08/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C A C B A A   N/A No
222003017 [Redact] [Redact] [Redact] 31551808     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-25): (Rate Lock) bailee
 09/27/2024     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
222015237 [Redact] [Redact] [Redact] 31560488     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222018726 [Redact] [Redact] [Redact] 31560641     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Tracking #[Redact]
 11/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222018952 [Redact] [Redact] [Redact] 31560981     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-01): (Rate Lock) bailee
 10/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
222018952 [Redact] [Redact] [Redact] 31747670     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Per guidelines, Certificate of Good Standing showing the company's status as "Active" is required. Lender exception approval in file. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 **DSCR 2.30 is 1.30 above program minimum (1.00).

**Post-close reserves [Redact] (39x; subject [Redact]x3= [Redact]).		 Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator		 Reviewer Comment (2024-09-26): Client elected to waive the condition with the following Compensating Factors:
**DSCR 2.30 is 1.30 above program minimum (1.00).
**Post-close reserves [Redact] (39x; subject [Redact]x3= [Redact]).
**LTV 75 (maximum 80).
     09/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222020556 [Redact] [Redact] [Redact] 31571325     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-08): Waived on Rate Lock: Collateral cleared by Custodian
 10/08/2024     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
222020556 [Redact] [Redact] [Redact] 31765363     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             09/27/2024 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
222020556 [Redact] [Redact] [Redact] 31765364     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.             09/27/2024 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
222020556 [Redact] [Redact] [Redact] 31765367     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. The Appraisal Fee Amount of [Redact] exceeds tolerance of [Redact], however the lender provided a credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-09-27): Sufficient Cure Provided At Closing
   09/27/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222023838 [Redact] [Redact] [Redact] 31572869     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-26): Waived on Rate Lock: Collateral cleared by Custodian
 09/26/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C A A A C A A A Non QM Non QM No
222023838 [Redact] [Redact] [Redact] 31735167     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.         Reviewer Comment (2024-10-03): [Redact] received earliest e-consent dated [Redact].


Seller Comment (2024-10-02): (Rate Lock) LE Condition Attached
 10/03/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A A A C A A A Non QM Non QM No
222023958 [Redact] [Redact] [Redact] 31574254     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): (Rate Lock) [Redact]
 11/20/2024     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
222023958 [Redact] [Redact] [Redact] 32150102     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file was missing a copy of the 1003 Initial - Lender's.       Reviewer Comment (2024-11-19): Initial 1003 provided


Seller Comment (2024-11-18): Initial 1003
 11/19/2024     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
222023958 [Redact] [Redact] [Redact] 32150684     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             11/15/2024 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
222023958 [Redact] [Redact] [Redact] 32150685     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 Investment). Final 1003 evidence the consumer intends to occupy the subject property as their primary residence             11/15/2024 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
222023958 [Redact] [Redact] [Redact] 32151409     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - The declarations section of the final 1003 for the co-borrower states they will occupy the property as a primary residence.       Reviewer Comment (2024-11-21): Revised 1003 provided correcting the declarations section


Seller Comment (2024-11-20): Corrected 1003
 11/21/2024     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
222024824 [Redact] [Redact]   31579116     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 (2024-08-15): Delivery provided.


Buyer Comment (2024-08-14): Appraisal and AVM delivery
 08/15/2024     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
222024824 [Redact] [Redact]   31579117     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Patriot Act provided however missing OFAC/[Redact].       Reviewer Comment (2024-08-05): Patriot act and OFAC provided.


Buyer Comment (2024-08-05): Attached Patriot Act Disclosure and [Redact] OFAC check.


Buyer Comment (2024-08-05): Doc 1
 08/05/2024     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
222024863 [Redact] [Redact]   31579342     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. P&L Statement provided was for 10 months. Guidelines require 12 month P&L Statement.       Reviewer Comment (2024-08-05): Loan is NonQM
 08/05/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
222024863 [Redact] [Redact]   31579344     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud report is not provided on file       Reviewer Comment (2024-08-08): Received [Redact]. Condition cleared.


Buyer Comment (2024-08-07): Ofac


Buyer Comment (2024-08-07): patriot form


Reviewer Comment (2024-08-05): File contains the patriot act verification form, however the file is missing one of the following: Ofac search, or the [Redact]/Screening list search
 08/08/2024     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
222024863 [Redact] [Redact]   31579349     Credit Credit Miscellaneous Guideline Credit Exception:   File will require a post disaster inspection.       Reviewer Comment (2024-08-22): PDI provided.


Buyer Comment (2024-08-22): Please see attached
 08/22/2024     1   A   A   A   A   A   [Redact] Primary Purchase   C A C A C A A A Non QM Non QM No
222024877 [Redact] [Redact]   31579410     Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   P&L statements in file are borrower prepared and guidelines require for the P&L statements to be completed by a third party.       Reviewer Comment (2024-08-05): Received updated information from lender. citing cleared.
 08/05/2024     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
222024877 [Redact] [Redact]   31579411     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Patriot form is in file however we are missing evidence of OFAC.       Reviewer Comment (2024-08-16): Fraud Report and Patriot Act Disclosure document associated. Exception cleared.


Buyer Comment (2024-08-15): Attached Patriot Act Disclosure and [Redact] OFAC check.
 08/16/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
222024877 [Redact] [Redact]   31579412     Credit Credit Miscellaneous Guideline Credit Exception:   File will require a post disaster inspection.       Reviewer Comment (2024-08-21): PDI was provided. No damage.


Buyer Comment (2024-08-21): PDI
 08/21/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
222024879 [Redact] [Redact]   31579422     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA Verification, Statement is missing.       Reviewer Comment (2024-08-19): Lender provided in the trailing documents the Note and HOA verification as required


Buyer Comment (2024-08-19): Note


Buyer Comment (2024-08-19): HOA
 08/19/2024     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
222024879 [Redact] [Redact]   31579423     Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing statement and HOA verification for investment REO.       Reviewer Comment (2024-08-19): Lender provided in the trailing documents the Note and HOA verification as required


Buyer Comment (2024-08-19): HOA and Note
 08/19/2024     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
222024879 [Redact] [Redact]   31579424     Credit Credit Miscellaneous Guideline Credit Exception:   File will require a post disaster inspection.       Reviewer Comment (2024-08-21): A PDI was provided. No damage.


Buyer Comment (2024-08-21): PDI
 08/21/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
222024887 [Redact] [Redact]   31579458     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Final Title Policy was not provided.       Reviewer Comment (2024-08-16): Final Title Policy document received in file and updated. Exception Cleared.


Buyer Comment (2024-08-15): Title
 08/16/2024     1 C A C A C A C A D A   [Redact] Investment Purchase   D A D A A A A A   N/A No
222026063 [Redact] [Redact] [Redact] 31581739     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-16): Waived on Rate Lock: Collateral cleared by Custodian
 10/16/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222026063 [Redact] [Redact] [Redact] 31779003     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. Originator Loan Designation of Non-QM does not match Due Diligence Loan Designation of ATR Fail.       Reviewer Comment (2024-10-11): Received vvoe from dated [Redact]; exception cleared.


Seller Comment (2024-10-09): (Rate Lock)  See attached verbal VOE.


Reviewer Comment (2024-10-03): The condition is valid.  ATR testing requires employment to be verified with documentation obtained at or prior to consummation.  The post-consummation VVOE is acceptable for the guidelines, but not for the ATR testing.  Condition remains


Seller Comment (2024-10-02): (Rate Lock) [Redact] Non-Agency Underwriting Guidelines state that third-party verification reports must be obtained within 10 business days from the Note date. The borrower's employer, [Redact], utilizes [Redact]. Therefore, the verbal VOE dated [Redact] meets underwriting guidelines.
 10/11/2024     1 B A C A B A C A B A   [Redact] Second Home Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
222026063 [Redact] [Redact] [Redact] 31779004     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. Missing VOE dated prior to closing.  Only VVOE in file was dated post-close, [Redact].       Reviewer Comment (2024-10-11): Received vvoe from dated [Redact]; exception cleared.


Reviewer Comment (2024-10-03): The condition is valid.  ATR testing requires employment to be verified with documentation obtained at or prior to consummation.  The post-consummation VVOE is acceptable for the guidelines, but not for the ATR testing.  Condition remains


Seller Comment (2024-10-02): (Rate Lock) [Redact] Non-Agency Underwriting Guidelines state that third-party verification reports must be obtained within 10 business days from the Note date. The borrower's employer, [Redact], utilizes [Redact]. Therefore, the verbal VOE dated [Redact] meets underwriting guidelines.
 10/11/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222026063 [Redact] [Redact] [Redact] 31779005     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. General Ability-to-Repay requirements not satisfied.       Reviewer Comment (2024-10-11): Received vvoe from dated [Redact]; exception cleared.
 10/11/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222026063 [Redact] [Redact] [Redact] 31786856     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. -         Reviewer Comment (2024-10-11): Received E-Sign Consent. Exception Cleared.


Seller Comment (2024-10-10): (Rate Lock) Econsent Document Sent
 10/11/2024     1 C A C A C A C A C A   [Redact] Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222026063 [Redact] [Redact] [Redact] 31786857     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Other Includes Insurance Costs TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] disclosed whether Homeowners insurance is included in escrow in incorrect section.  Creditor disclosed insurance to consumer in "Other" section where regulation requires disclosure under "Homeowner's Insurance" section of Projected Payments table.  Disclosure requirement met, non-material exception for incorrect format/placement.         Reviewer Comment (2024-11-20): Client elected to waive the condition


Reviewer Comment (2024-11-05): Elevated to the client for review


Seller Comment (2024-11-04): (Rate Lock) Please waive this exception as we accept the EV2 rating.


Reviewer Comment (2024-10-23): The exception was regraded to EV2-B as the Flood Insurance is being disclosed to the consumer, just in the incorrect line item as it should be part of Homeowners Insurance, but instead was disclosed under Other. The amounts to be considered under the "Homeowner's Insurance" category are "Premiums or other charges for insurance against loss of or damage to property, or against liability arising out of the ownership or use of property…" (§1026.4(b)(8)). On the October 1, 2014 webinar hosted by the CFPB, it was clarified Flood Insurance would be placed within the Homeowner's Insurance category of the Estimated Taxes, Insurance & Assessments section as it would fall into the definition provided above. The commentary to 1026.37(c)(4)(iv)-2 then states:"Amounts paid by the creditor using escrow account funds. Section 1026.37(c)(4)(iv) requires the creditor to disclose an indication of whether the amounts disclosed pursuant to § 1026.37(c)(4)(ii) will be paid by the creditor using escrow account funds. If the amount disclosed pursuant to § 1026.37(c)(4)(ii) requires the creditor to disclose a description of more than one amount and only some of those amounts will be paid by the creditor using escrow account funds, the creditor may indicate that only some of those amounts will be paid using escrow account funds, such as by using the word "some." As a result, the disclosure of "Some" next to the "Homeowner's Insurance" description would be accurate given that the flood portion of the Homeowner's Insurance will be escrowed while the Hazard Insurance will not be. As stated above, given the disclosure was made to the consumer but just on the incorrect line item, we have regraded to EV2-B accordingly.


Seller Comment (2024-10-22): (Rate Lock) it is not Homeowner's insurance...it is flood insurance and "other" is where it needs to go in order to print on the CD
     11/20/2024 2 B B B B B B B B B B   [Redact] Second Home Refinance - Cash-out - Other Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
222026063 [Redact] [Redact] [Redact] 31890016     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Property Address does not agree with Schedule CITY=SCH: [Redact]             ALL DOCS: [Redact]       Buyer Comment (2024-10-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-16): (Rate Lock) Please indicate what documents specifically you are referring to, we are unable to locate documents with this discrepancy. Thank you.
 10/16/2024     1   A   A   A   A   A   [Redact] Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222028045 [Redact] [Redact] [Redact] 31584887     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-09-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-23): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 09/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222029300 [Redact] [Redact] [Redact] 31591370     Credit Collateral Missing/Incorrect 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
 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
222029300 [Redact] [Redact] [Redact] 31676630     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 a 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 (2024-11-05): Received Post Disaster Inspection Report. Exception Cleared.


Seller Comment (2024-11-04): pdi


Reviewer Comment (2024-09-26): Required Post Disaster Inspection Report(PDI) to clear this condition. Exception Remains.


Seller Comment (2024-09-25): disaster insp
 11/05/2024     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
222029300 [Redact] [Redact] [Redact] 31677059     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 (2024-09-26): Received Revised Appraisal Report with Total estimate of cost new. Exception Cleared.


Seller Comment (2024-09-25): hoi coverage
 09/26/2024     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
222029300 [Redact] [Redact] [Redact] 31772847     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.   Upon further review, the subject is located in a FEMA disaster area.  The declared end date has not been identified yet.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage.       Reviewer Comment (2024-11-06): Updated condition, declaration end date identified.


Reviewer Comment (2024-11-06): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]


Seller Comment (2024-11-06): PDI uploaded
 11/06/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
222029300 [Redact] [Redact] [Redact] 32060012     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.   Updated condition, declaration end date identified.  The subject is located in a FEMA disaster area.  A post-disaster inspection dated after the declaration end date of [Redact], verifying there was no damage, is required. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-06): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     11/06/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
222029617 [Redact] [Redact] [Redact] 31592680     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-06): Collateral delivered [Redact] via [Redact] tracking [Redact]
 11/07/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222029617 [Redact] [Redact] [Redact] 31999225     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. 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 assets: [Redact] all liquid, 15 months reserves where 6 months is required. Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-12-19): Client elected to waive the condition with the following Compensating Factors:
Other REO Equity: [Redact] (primary owned free and clear)
Post close assets: [Redact] all liquid, 15 months reserves where 6 months is required.
FICO: 739 where 700 is minimum


Reviewer Comment (2024-11-05): The value used to determine sufficient coverage is the RCE WITH Debris removal of [Redact].  80% of the RCE is [Redact] and the coverage is short by [Redact].  Provide a revised insurance policy/dec page increasing coverage or confirmation from the insurance company that the policy contains "Guaranteed Replacement Cost" coverage.  Condition remains


Seller Comment (2024-11-04): The RCE sent to you shows Total Reconstruction Cost w/o Debris Removal is [Redact]. 80% would be [Redact]. Coverage is [Redact].


Reviewer Comment (2024-10-30): An additional copy of the RCE provided.  The RCE was [Redact]. Since the appraisal did not identify the Total Estimate of Cost New, 80% of the RCE value is the required coverage amount.  Coverage of [Redact] is required and the declarations page verified coverage of [Redact].  Coverage is insufficient by [Redact].  Condition is valid and remains open


Seller Comment (2024-10-30): rce
     12/19/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222030396 [Redact] [Redact] [Redact] 31595626     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-02): Waived on Rate Lock: Collateral cleared by Custodian
 10/02/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
222030396 [Redact] [Redact] [Redact] 31763157     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 file is missing proof of the borrower's receipt of the appraisal, at least 3 business days prior to closing       Reviewer Comment (2024-10-02): Proof of receipt provided


Seller Comment (2024-10-01): Receipt of appraisal
 10/02/2024     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
222030396 [Redact] [Redact] [Redact] 31763159     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. The file is missing proof of the borrower's receipt of the appraisal, at least 3 business days prior to closing       Reviewer Comment (2024-10-02): Proof of receipt provided
 10/02/2024     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
222030396 [Redact] [Redact] [Redact] 31763161     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.         Reviewer Comment (2024-11-04): Client elected to waive the DTI condition with compensating factors
 11/04/2024     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 B A A Non QM Non QM Yes
222030396 [Redact] [Redact] [Redact] 31763164     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.24831% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) The [Redact]/mth HOA shown on the appraisal was not included in the subject housing payment.  The calculated income for both borrowers is [Redact] less than the amount used to qualify because the 12 months bank statements used to qualify are from [Redact] - [Redact], however; the Most Recent 12 months bank statements are from [Redact] - [Redact]. 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.

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 or equal to 70%.

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

The representative FICO score is above 680.		 FICO: 785 where 680 is minimum

LTV 70% where 80% is maximum		 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-11-04): Client elected to waive the condition with the following compensating factors:
FICO: 785 where 680 is minimum .
LTV 70% where 80% is maximum
Other REO equity [Redact]


Reviewer Comment (2024-10-18): The revised income worksheet did not exclude the [Redact] transfer on [Redact] from the eligible deposits for the [Redact] statement for the borrower.  The calculated income of [Redact] is accurate and the DTI exceeds the guideline max.  Condition is valid and remains open


Seller Comment (2024-10-18): (Rate Lock) From our UW I have reviewed the [Redact] business bank stmts for both accounts and updated the income worksheets accordingly.  DTI = 49.423%.  Attached is the updated calcs, 1008 & 1003.


Reviewer Comment (2024-10-04): Lender rebuttal reviewed and the file DOES contain the [Redact] business bank statements for both businesses.  The [Redact] statement for account xx[Redact] is indexed as doc id 0208 and the [Redact] statement for account xx[Redact] is indexed as doc id 0209.  Condition is valid and remains open


Seller Comment (2024-10-04): HOA dues added resulting in DTI under 50
     11/04/2024 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
222030396 [Redact] [Redact] [Redact] 31763165     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. Final CD does not include the HOA in the Non-Escrowed Property Costs over Year 1 on CD pg4 and the [Redact]/mth HOA is also not included in the Estimated Taxes, Insurance, & Assessments on page1.       Reviewer Comment (2024-10-10): [Redact] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2024-10-08): PCCD and LOX updating HOA Dues
   10/10/2024   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 C B C B A A Non QM Non QM Yes
222030396 [Redact] [Redact] [Redact] 31763166     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.         Reviewer Comment (2024-10-08): PCCD and Final Settlement Statement provided verifying an updated disbursement date


Seller Comment (2024-10-08): Final SS, PCCD and LOX with corrected disbursement date


Reviewer Comment (2024-10-02): PCCD provided identifying an updated disbursement date.  Provide a copy of the final settlement statement confirming the updated disbursement date of [Redact].  Condition remains


Seller Comment (2024-10-01): PCCD and LOX with correct closing and disbursement date
 10/08/2024     1 C A C A C A C A C A   [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
222030396 [Redact] [Redact] [Redact] 31763174     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. The [Redact]/mth HOA shown on the appraisal was not included in the subject housing payment.  The calculated income for both borrowers is [Redact] less than the amount used to qualify because the 12 months bank statements used to qualify are from [Redact] - [Redact], however; the Most Recent 12 months bank statements are from [Redact] - [Redact]. 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.

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 or equal to 70%.

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

The representative FICO score is above 680.		 FICO: 785 where 680 is minimum

LTV 70% where 80% is maximum		 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2024-11-04): Client elected to waive the condition with the following compensating factors:
FICO: 785 where 680 is minimum .
LTV 70% where 80% is maximum
Other REO equity [Redact]


Reviewer Comment (2024-10-15): The calculated income for borrower "[Redact]" is [Redact] less than the amount used to qualify because, [Redact] Gross deposit used for borrower "[Redact]" is incorrect, per Income worksheet it is "[Redact]" however as per bank statement the deposit is "[Redact]". Exception is valid and remains open.


Seller Comment (2024-10-14): Updated Income Worksheets, 1008 and 1003


Reviewer Comment (2024-10-04): Lender rebuttal reviewed and the file DOES contain the [Redact] business bank statements for both businesses.  The [Redact] statement for account xx[Redact] is indexed as doc id 0208 and the [Redact] statement for account xx[Redact] is indexed as doc id 0209.  Condition is valid and remains open


Seller Comment (2024-10-04): LOX regarding bank statements
     11/04/2024 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
222030396 [Redact] [Redact] [Redact] 31763178     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 (2024-11-04): Client elected to waive the DTI condition with compensating factors
 11/04/2024     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
222030396 [Redact] [Redact] [Redact] 31764017     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 (2024-10-02): Proof of receipt provided
 10/02/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
222032568 [Redact] [Redact] [Redact] 31603546     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-01): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-09-30): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 10/01/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222032568 [Redact] [Redact] [Redact] 31747829     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The File was missing Guarantor Agreement       Reviewer Comment (2024-09-30): Guarantor Agreement provided


Seller Comment (2024-09-30): Guarantor Agreement
 09/30/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222034013 [Redact] [Redact] [Redact] 31606146     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-29): Waived on Rate Lock: Collateral cleared by Custodian
 10/29/2024     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
222034013 [Redact] [Redact] [Redact] 31954266     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: ___
Disaster Declaration Date: ___		   Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-23): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     10/23/2024 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
222034013 [Redact] [Redact] [Redact] 31954298     Credit Credit Miscellaneous Guideline Credit Exception:   The exception is for two items:
a. New short term rentals (no prior rental history)
b. In lieu of a 1007, a copy of the [Redact] report to support the income for the property.		 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 Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.		 **LTV 12.29 is 42 below program maximum (60-5 for STR = 55) Originator Pre-Close,SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-11-14): Client elected to waive the condition with the following Compensating factors:  **LTV 12.29% is 42% below program maximum (60%-5% for STR = 55%).
**Extensive credit depth dating back to 11/2000 (23+ years), including mortgage history since 6/2008 (16 years), all paid as agreed.
**Equity in additional owned REO (lesser of [Redact] or 1003)[Redact]


Reviewer Comment (2024-10-23): Client elected to waive the condition with the following Compensating Factors:
**LTV 12.29 is 42 below program maximum (60-5 for STR = 55)
**Equity in additional owned REO (lesser of [Redact] or 1003) [Redact].
     10/23/2024 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
222034013 [Redact] [Redact] [Redact] 31954342     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The GSE method was used to determine the coverage requirement. Since the appraisal did not provide the Total Estimate of Cost New, 80% of the appraised value is the insured value and coverage of at least [Redact] is required.  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.       Reviewer Comment (2024-11-14): RCE provided


Seller Comment (2024-11-13): Please see RCE.
 11/14/2024     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
222036590 [Redact] [Redact] [Redact] 31614010     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-03): (Rate Lock) Delivered [Redact] via [Redact] # [Redact]
 10/09/2024     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
222036590 [Redact] [Redact] [Redact] 31798995     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             10/02/2024 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
222046515 [Redact] [Redact] [Redact] 31621985     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian
 11/06/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
222046515 [Redact] [Redact] [Redact] 32037448     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.             11/01/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
222046515 [Redact] [Redact] [Redact] 32037462     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 (2024-11-06): Received fraud report. Exception Cleared.


Seller Comment (2024-11-05): (Rate Lock) Fraud Report has been provided. Please review document attached.


Reviewer Comment (2024-11-04): Fraud report not received. Exception Remains.


Seller Comment (2024-11-04): (Rate Lock) [Redact] report attached
 11/06/2024     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
222046515 [Redact] [Redact] [Redact] 32037463     Credit Credit Credit Documentation Credit No evidence of fraud report in file - File is missing copy of Fraud Report.       Reviewer Comment (2024-11-06): Received fraud report. Exception Cleared.


Seller Comment (2024-11-05): (Rate Lock) Fraud Report has been provided. Please review document attached.


Reviewer Comment (2024-11-04): Fraud report not received. Exception Remains.


Seller Comment (2024-11-04): (Rate Lock) [Redact] report attached
 11/06/2024     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
222046515 [Redact] [Redact] [Redact] 32038269     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.             11/01/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
222046515 [Redact] [Redact] [Redact] 32040844     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. File did not contain a valid COC for the addition of the fee       Reviewer Comment (2024-11-05): 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 (2024-11-04): (Rate Lock)  A cure of [Redact] for the Collateral Desktop Analysis Fee was provided to the borrower. Please see attached Initial CD and Predatory Worksheet.
 11/05/2024     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
222046515 [Redact] [Redact] [Redact] 32040845     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 Of Employment Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. File did not contain a valid COC for the addition of the fee       Reviewer Comment (2024-11-07): [Redact] received valid COC and rebuttal.


Seller Comment (2024-11-06): (Rate Lock) The COC for the Verification of Employment fee to be added was approved because when we went to do the VOE it was determined that the employer required a 3rd party process. Please review COC attached.


Reviewer Comment (2024-11-05): [Redact] received Changed Circumstance dated [Redact], but it does not give sufficient information on why the VOE 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.  A valid Changed Circumstance or cure is required.  Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2024-11-04): (Rate Lock) Disagree - Approved COC for the Verification of Employment fee of [Redact] has been provided. Please review COC and LE attached.
 11/07/2024     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
222046515 [Redact] [Redact] [Redact] 32063907     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. Sufficient cure provided at closing.       Reviewer Comment (2024-11-07): Sufficient Cure Provided At Closing
   11/07/2024   1   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
222046957 [Redact] [Redact] [Redact] 31623368     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-05): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 11/13/2024     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
222046957 [Redact] [Redact] [Redact] 32047544     Credit Guideline Guideline Issue Guideline The borrower has Open Public Records/Collections/Charge Off accounts. - Public Record type:  ___; Account Status: ___ Lender approval for an exception to waive the removal of the dispute on a collection account i/a/o [Redact] that was opened [Redact] and last reported as of [Redact] Borrower's Experience/Track Record **Experienced investor SitusAMC,Originator Pre-Close,Aggregator Reviewer Comment (2024-11-04): Client elected to waive the condition with the following Compensating Factors:
**Extensive credit depth (28 years)
**Experienced investor
**Equity in additional owned properties of approximately [Redact]
     11/04/2024 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
222046957 [Redact] [Redact] [Redact] 32047570     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-11-06): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-05): Please see attached business purpose certificate.
 11/06/2024     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
222047706 [Redact] [Redact] [Redact] 31624143     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian
 11/15/2024     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
222047706 [Redact] [Redact] [Redact] 32126457     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Mortgage Statement for second mortgage payment.       Reviewer Comment (2024-11-17): Received mortgage statement. Exception Cleared.


Seller Comment (2024-11-15): (Rate Lock)  Mortgage statement for the first and second mortgage are attached.


Reviewer Comment (2024-11-15): Required Mortgage Statement for Second Lien. Exception Remains.


Seller Comment (2024-11-14): (Rate Lock) See attached mortgage statement.
 11/17/2024     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
222047706 [Redact] [Redact] [Redact] 32126471     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 (2024-11-18): [Redact] received attestation letter from the seller, and it was confirmed that the Survey fee service was shopped by the borrower and not selected the provider from the list.


Seller Comment (2024-11-15): (Rate Lock)  Disagree LOX provided please review .This is a [Redact] property and survey is not required to be provided. The borrower shopped for the title services per the SSPL provided please review
 11/18/2024     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 A C A C A A A Non QM Non QM Yes
222047990 [Redact] [Redact]   31630598     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 consummation date of [Redact]. Provide a revised homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.       Reviewer Comment (2024-09-20): Updated declaration page provided with an earlier effective date.


Seller Comment (2024-09-20): Updated HOI


Reviewer Comment (2024-09-19): The final settlement statement was provided and does not change the condition.  The insurance declarations page in file verified an effective date of [Redact].  The final settlement statement verified a disbursement date of [Redact].  This is a refinance and coverage is required to be in effect at the time of consummation, [Redact].  Condition remains


Seller Comment (2024-09-18): final settlement stmt
 09/20/2024     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
222047990 [Redact] [Redact]   31630849     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 (2024-10-15): Policy contains 100% replacement cost. Exception Cleared.


Seller Comment (2024-10-14): Agent Email
 10/15/2024     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
222051561 [Redact] [Redact] [Redact] 31629763     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian
 11/15/2024     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
222051561 [Redact] [Redact] [Redact] 32128700     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing Fraud Report       Reviewer Comment (2024-11-17): Received fraud report. Exception Cleared.


Seller Comment (2024-11-15): (Rate Lock) [Redact] report has been provided.
 11/17/2024     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
222051561 [Redact] [Redact] [Redact] 32128720     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Loan Payoff Statement not provided   The file was missing Mortgage Loan Payoff Statement       Reviewer Comment (2024-11-19): Mortgage Payoff statement provided
 11/19/2024     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 No
222051561 [Redact] [Redact] [Redact] 32128754     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing Fraud Report.       Reviewer Comment (2024-11-17): Received fraud report. Exception Cleared.


Seller Comment (2024-11-15): (Rate Lock) [Redact] report has been provided.
 11/17/2024     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
222051561 [Redact] [Redact] [Redact] 32133874     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             11/14/2024 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
222051561 [Redact] [Redact] [Redact] 32143139     Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   The file is missing Third Party Verification of the borrower's self-employment.  Per the guidelines, The existence of the business must be documented within 120 calendar days prior to the Note date.       Reviewer Comment (2024-11-18): Received VVOE. Exception Cleared.


Seller Comment (2024-11-18): (Rate Lock) See attached verification. The borrower is 1099 through [Redact].
 11/18/2024     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
222051561 [Redact] [Redact] [Redact] 32143201     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.         Reviewer Comment (2024-11-19): Mortgage payoff statement provided


Seller Comment (2024-11-18): (Rate Lock) The Payoff Statement has been provided. Please review document attached.
 11/19/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
222051561 [Redact] [Redact] [Redact] 32143202     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.         Reviewer Comment (2024-11-18): Received VVOE. Exception Cleared.


Seller Comment (2024-11-18): (Rate Lock) See attached verification. The borrower is 1099 through [Redact].
 11/18/2024     1 B A C A B A C A B A   [Redact] Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
222051561 [Redact] [Redact] [Redact] 32143203     Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) The file is missing Third Party Verification of the borrower's self-employment.  Per the guidelines, The existence of the business must be documented within 120 calendar days prior to the Note date.       Reviewer Comment (2024-11-18): Received VVOE. Exception Cleared.


Seller Comment (2024-11-18): (Rate Lock) See attached verification. The borrower is 1099 through [Redact].
 11/18/2024     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
222051561 [Redact] [Redact] [Redact] 32143839     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. Condition will be cleared when all ATR/Guideline conditions are cleared       Reviewer Comment (2024-11-18): Received VVOE. Exception Cleared.


Seller Comment (2024-11-18): (Rate Lock) See attached verification. The borrower is 1099 through [Redact].
 11/18/2024     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
222055313 [Redact] [Redact] [Redact] 31638914     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-25): Waived on Rate Lock: Collateral cleared by Custodian
 10/25/2024     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
222055313 [Redact] [Redact] [Redact] 31954114     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 (2024-10-28): Received fraud report. Exception Cleared.


Seller Comment (2024-10-28): (Rate Lock) Provided [Redact] Report
 10/28/2024     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
222055313 [Redact] [Redact] [Redact] 31954135     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 (2024-10-28): Received fraud report. Exception Cleared.


Seller Comment (2024-10-28): (Rate Lock) Provided [Redact] Report
 10/28/2024     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
222055313 [Redact] [Redact] [Redact] 31954138     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.               10/22/2024 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
222055313 [Redact] [Redact] [Redact] 31954139     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.               10/22/2024 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
222055313 [Redact] [Redact] [Redact] 31954140     Compliance Compliance State Compliance State Defect West Virginia Residential Mortgage Lender, Broker, and Servicer Act (Borrower Not Charged for Actual Amounts of Third Party Fees) West Virginia Residential Mortgage Lender, Broker and Servicer Act: Borrower not charged actual amount for third party fees. Missing invoices for third party fees (appraisal, title, etc.) to confirm the charges on the CD were the actual amount for the fees.       Reviewer Comment (2024-11-13): Invoices and proof of actual costs provided


Seller Comment (2024-11-12): (Rate Lock) See attached documents for the appraisal and title fees.
 11/13/2024     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
222055313 [Redact] [Redact] [Redact] 31954141     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 Home Inspection Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-10-22): Sufficient Cure Provided At Closing
   10/22/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
222056325 [Redact] [Redact] [Redact] 31642323     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian
 11/06/2024     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
222056325 [Redact] [Redact] [Redact] 32045804     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. Required PDI report dated after disaster declaration date [Redact].  Note: the post-disaster inspection in file has an inspection date of [Redact], the post-disaster inspection must be dated after [Redact].       Reviewer Comment (2024-11-06): Received PDI. Exception Cleared.


Seller Comment (2024-11-05): DAIR attached
 11/06/2024     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
222056325 [Redact] [Redact] [Redact] 32057010     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 Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-12): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Reviewer Comment (2024-11-07): Required PDI re-inspected on or after [Redact] declared end date to clear this condition. Exception Remains.


Seller Comment (2024-11-07): FEMA map attached for newly declared disaster [Redact] shows the subject property is not affected.


Seller Comment (2024-11-07): dair attached
     11/12/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
222056444 [Redact] [Redact] [Redact] 31642815     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-18): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 10/21/2024     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
222056448 [Redact] [Redact] [Redact] 31642912     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-23): (Rate Lock) Note Tracking attached
 10/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222056461 [Redact] [Redact] [Redact] 31642973     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-07): (Rate Lock) bailee
 10/18/2024     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
222056461 [Redact] [Redact] [Redact] 31734944     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.  Note: the Note in file was signed by the guarantor on behalf of the LLC only; however there was another signature line that gives the impression the borrower was signing individually as well, but the signature line was not signed.       Reviewer Comment (2024-10-08): Fully executed note provided.  Loan closed with the borrower signing individually and on behalf of the LLC and a Guaranty Agreement is not required.


Seller Comment (2024-10-08): Attached the fully executed note.


Reviewer Comment (2024-10-03): The guideline provided is applicable when the Note is signed individually and on behalf of the LLC.  The Note in file is only signed on behalf of the LLC.  There is a signature line for the Note to be executed individually, but it was not executed.  Condition is valid and remains open


Seller Comment (2024-10-03): Attached the snip of the [Redact] guidelines, a Separate agreement or personal guarantee document is not required for vesting in the name of the Entity.


Reviewer Comment (2024-10-02): Note was not signed individually, was signed for the LLC only and per the guidelines, if the Entity is the sole mortgagor, the following will be required: A personal guarantee must be provided by each member of the Entity.  Condition is valid and remains open


Seller Comment (2024-10-02): Per the [Redact] guidelines we don't require a Guarantor Agreement.  Please Cancel.
 10/08/2024     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
222056461 [Redact] [Redact] [Redact] 31858603     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Missing COPY NOTE RCVD       Buyer Comment (2024-10-18): Waived on Rate Lock: Collateral cleared by Custodian
 10/18/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
222057292 [Redact] [Redact] [Redact] 31647864     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian
 11/06/2024     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
222057380 [Redact] [Redact]   31648361     Credit Credit Miscellaneous Guideline Credit Exception:   Fraud Report is missing in file. File contains a partners credit and verification Solutions report, advise if this is acceptable to meet fraud report requirements.       Reviewer Comment (2024-08-22): Fraud report provided.


Buyer Comment (2024-08-19): Fraud
 08/22/2024     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
222060496 [Redact] [Redact] [Redact] 31657837     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-11): Collateral delivered on [Redact] via [Redact] tracking # [Redact].
 10/15/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222064608 [Redact] [Redact] [Redact] 31668607     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-10): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222064608 [Redact] [Redact] [Redact] 31948337     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: ___		 Upon further review, the subject is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage.       Reviewer Comment (2024-10-23): Received Post Disaster Inspection Report. Exception Cleared.


Seller Comment (2024-10-22): disaster
 10/23/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A A A A     A A   N/A No
222064705 [Redact] [Redact] [Redact] 31668633     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-03): (Rate Lock) bailee
 10/08/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222064705 [Redact] [Redact] [Redact] 31797425     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 (2024-12-23): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-20): (Rate Lock) Business Purpose/Occ Affidavit


Reviewer Comment (2024-10-11): The verbiage in the occupancy cert states that "It may or will be an income producing property" which means that it may or may not based on that verbiage.  Please provide the business purpose cert with the appropriate verbiage.


Seller Comment (2024-10-09): The occupancy cert on page 79 contains "Business Purpose" language.  the "Investment Property" box is checked which indicates the purpose is for business use and not for primary occupancy.  Additionally, the statement indicates the property will be used as "an income-producing property" and finally it states the borrower currently owns/resides in another property they claim as their residential homestead.  This same occupancy certificate was used to clear exception ID [Redact] for this same seller loan but under a different [Redact] loan number of [Redact].  The transaction is the purchase of an investment property and if the occupancy cert still doesn't provide what you are wanting please clarify what you need, as all elements are present according to our guidelines.


Reviewer Comment (2024-10-07): The occupancy cert in file does not contain the "Business Purpose" language required to clear the condition.  Condition is valid and remains open


Seller Comment (2024-10-04): Please See occupancy certificate on page 79 of [Redact].
 12/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222065395 [Redact] [Redact] [Redact] 31669317     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-30): Waived on Rate Lock: Collateral cleared by Custodian
 12/30/2024     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
222065395 [Redact] [Redact] [Redact] 32483202     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 (2024-12-26): Client elected to waive the condition
     12/26/2024 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
222065428 [Redact] [Redact] [Redact] 31669454     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-04): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 12/05/2024     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
222065428 [Redact] [Redact] [Redact] 32293038     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 (2024-12-06): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-05): guaranty
 12/06/2024     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
222065428 [Redact] [Redact] [Redact] 32293051     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 (2024-12-06): Received Tax Certificate. Exception Cleared.


Seller Comment (2024-12-05): taxes
 12/06/2024     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
222065428 [Redact] [Redact] [Redact] 32293195     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 (2024-12-17): RCE provided


Seller Comment (2024-12-17): RCE


Reviewer Comment (2024-12-16): Received revised Hazard Insurance Policy. Still 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. Exception Remains.


Seller Comment (2024-12-12): hoi
 12/17/2024     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
222065428 [Redact] [Redact] [Redact] 32297557     Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   The file is missing the application with a complete schedule of Real Estate owned to confirm the # of financed properties owned by the guarantor.       Reviewer Comment (2024-12-09): Received Final 1003. Exception Cleared.


Seller Comment (2024-12-09): 1003
 12/09/2024     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
222065591 [Redact] [Redact] [Redact] 31669512     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-19): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222065591 [Redact] [Redact] [Redact] 32128064     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided           Reviewer Comment (2024-11-15): Received Note Addendum - Prepayment. Exception Cleared.


Seller Comment (2024-11-14): note
 11/15/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A Yes
222065591 [Redact] [Redact] [Redact] 32128314     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   The assets verified in file were short funds to close and reserves.  Per the 1003, the borrower was qualified with Secured funds of [Redact] and [Redact].  Missing documentation to verify these funds.       Reviewer Comment (2024-11-19): CD from refi of other REO verifying funds used for closing was provided


Seller Comment (2024-11-19): 6 months reserves or [Redact] is required and CD from cash-out refi on loan #[Redact] has been uploaded showing [Redact] being held by [Redact] for this purchase plus [Redact] net to borrower that is being used for reserves.
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222065591 [Redact] [Redact] [Redact] 32128317     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   The assets verified in file were short funds to close and reserves.  Per the 1003, the borrower was qualified with Secured funds of [Redact] and [Redact].  Missing documentation to verify these funds.       Reviewer Comment (2024-11-19): CD from refi of other REO verifying funds used for closing was provided


Seller Comment (2024-11-19): 6 months reserves or [Redact] is required and CD from cash-out refi on loan #[Redact] has been uploaded showing [Redact] being held by [Redact] for this purchase plus [Redact] net to borrower that is being used for reserves.
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222065591 [Redact] [Redact] [Redact] 32128319     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   The assets verified in file were short funds to close and reserves.  Per the 1003, the borrower was qualified with Secured funds of [Redact] and [Redact].  Missing documentation to verify these funds.       Reviewer Comment (2024-11-19): CD from refi of other REO verifying funds used for closing was provided


Seller Comment (2024-11-19): CD from cash-out refi on loan #[Redact] has been uploaded showing [Redact] being held by [Redact] for this purchase plus [Redact] net to borrower that is being used for reserves.
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222065591 [Redact] [Redact] [Redact] 32129103     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   The assets verified in file were short funds to close.  Per the 1003, the borrower was qualified with Secured funds of [Redact] and [Redact].  Missing documentation to verify these funds.       Reviewer Comment (2024-11-19): CD from refi of other REO verifying funds used for closing was provided


Seller Comment (2024-11-19): CD from cash-out refi on loan #[Redact] has been uploaded showing [Redact] being held by [Redact] for this purchase plus [Redact] net to borrower that is being used for reserves.
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222068669 [Redact] [Redact] [Redact] 31670443     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-06): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/07/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222072101 [Redact] [Redact] [Redact] 31675583     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/14/2024     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
222072669 [Redact] [Redact] [Redact] 31676912     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-10): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 10/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222072669 [Redact] [Redact] [Redact] 31868512     Credit Property - Appraisal Appraisal Data Integrity Property - Appraisal Possible FIRREA violation, appraisal is not complete and may not offer substantial backing for value. - The subject phase and project information for the condo project was not completed on page 1 of the appraisal.  Provide a revised appraisal completing the subject phase and project information.       Reviewer Comment (2024-10-16): Received revised Appraisal Report. Exception Cleared.


Seller Comment (2024-10-15): Please see attached appraisal revision.


Reviewer Comment (2024-10-15): The FNMA Project approval will not clear the condition.  The appraisal will need to be revised and the appraiser must complete the "Project Information" section on page 1 of the appraisal, identifying the "Subject Phase" and "Project" information.  Condition remains


Seller Comment (2024-10-14): Please see attached FNMA approval.
 10/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222072670 [Redact] [Redact] [Redact] 31676918     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-29): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/30/2024     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
222072670 [Redact] [Redact] [Redact] 31978763     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-10-29): Business Purpose Cert provided


Seller Comment (2024-10-29): business purpose
 10/29/2024     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
222072670 [Redact] [Redact] [Redact] 31978765     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided           Reviewer Comment (2024-10-29): Business Purpose Cert provided
 10/29/2024     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
222072670 [Redact] [Redact] [Redact] 31978766     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-10-29): Guarantor Agreement provided


Seller Comment (2024-10-29): guarantee
 10/29/2024     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
222073530 [Redact] [Redact] [Redact] 31677560     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-29): Waived on Rate Lock: Collateral cleared by Custodian
 10/29/2024     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
222073530 [Redact] [Redact] [Redact] 31976357     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Final 1003, for both borrower, was missing in file.       Reviewer Comment (2024-11-14): Final 1003 provided


Seller Comment (2024-11-13): FINAL URLA all pages - signed


Reviewer Comment (2024-11-12): Required Signed copies of Final 1003. Exception Remains.


Seller Comment (2024-11-11): final 1003
 11/14/2024     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
222073530 [Redact] [Redact] [Redact] 31976375     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Tax Certificate & Hazard Insurance for Property #[Redact]       Reviewer Comment (2024-11-12): Received Tax Cert & Insurance verification. Exception Cleared.


Seller Comment (2024-11-11): REO docs
 11/12/2024     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
222073590 [Redact] [Redact] [Redact] 31677749     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-29): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-28): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/29/2024     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
222073590 [Redact] [Redact] [Redact] 31968748     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.   The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection dated after [Redact], the declaration date.  Note: the post-disaster inspection in file was inspected on [Redact], which is prior to the disaster.       Reviewer Comment (2024-11-11): Updated condition, declaration end date identified.  The subject is located in a FEMA disaster area.  A post-disaster inspection dated after the declaration end date of [Redact], verifying there was no damage, is required.


Reviewer Comment (2024-10-28): Provided PDI reflects inspection date [Redact] however disaster declaration date is [Redact]. Exception Remains.


Seller Comment (2024-10-25): disaster
 11/11/2024     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
222073590 [Redact] [Redact] [Redact] 31970382     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-10-28): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-10-25): guarantor
 10/28/2024     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
222073590 [Redact] [Redact] [Redact] 31971535     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Title Preliminary not provided   The file is missing the Title Commitment identifying the LLC as the owner of the property.  The LLC purchased the property on [Redact] and the title commitment in file was dated [Redact], which was the title in effect prior to the purchase and identified the prior seller as the title holder.       Reviewer Comment (2024-11-11): Final title policy provided


Seller Comment (2024-11-08): title


Reviewer Comment (2024-10-31): Documentation provided identifying a prior application was denied.  This does not clear the condition regarding the title.  The loan was delivered as a refinance, title is not in the name of the LLC.  The file contained a copy of the deed transferring the property from the prior owner to the LLC on [Redact], which was the date of the purchase.  Updated title identifying the purchase of the property and the deed on [Redact], identifying the LLC as the current owner is required.  Condition is valid and remains open


Seller Comment (2024-10-30): prior app and cancel notice uploaded to your site
 11/11/2024     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
222073590 [Redact] [Redact] [Redact] 31971540     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   The file is missing the Title Commitment identifying the LLC as the owner of the property.  The LLC purchased the property on [Redact] and the title commitment in file was dated [Redact], which was the title in effect prior to the purchase and identified the prior seller as the title holder.       Reviewer Comment (2024-11-11): Final title policy provided


Seller Comment (2024-11-08): title


Reviewer Comment (2024-10-31): Documentation provided identifying a prior application was denied.  This does not clear the condition regarding the title.  The loan was delivered as a refinance, title is not in the name of the LLC.  The file contained a copy of the deed transferring the property from the prior owner to the LLC on [Redact], which was the date of the purchase.  Updated title identifying the purchase of the property and the deed on [Redact], identifying the LLC as the current owner is required.  Condition is valid and remains open


Seller Comment (2024-10-30): Prior app and cancel notice
 11/11/2024     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
222073590 [Redact] [Redact] [Redact] 31971726     Credit Property - Appraisal Appraisal Data Integrity Property - Appraisal Possible FIRREA violation, appraisal is not complete and may not offer substantial backing for value. - The appraisal in file was completed for the purchase of the property.  Per the guidelines, Re-use of an Appraisal for a Subsequent Transaction is not permitted.  Provide a revised appraisal correcting the purpose to refinance and updating the current owner.       Reviewer Comment (2024-10-28): Received revised appraisal. Exception Cleared.


Seller Comment (2024-10-28): appraisal refi


Reviewer Comment (2024-10-28): Additional copy of the post-disaster inspection was provided and will not clear the condition.  The appraisal used to qualify was from the purchase transaction of the property and the subject loan is a refinance.  A copy of the appraisal for the refinance transaction is required.  Condition remains


Seller Comment (2024-10-28): disaster
 10/28/2024     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
222073590 [Redact] [Redact] [Redact] 32085988     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.   Updated condition, declaration end date identified.  The subject is located in a FEMA disaster area.  A post-disaster inspection dated after the declaration end date of [Redact], verifying there was no damage, is required.       Reviewer Comment (2024-11-14): Post-disaster inspection provided


Seller Comment (2024-11-13): disaster
 11/14/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Rate/Term   D A D A     A A   N/A No
222075733 [Redact] [Redact] [Redact] 31683308     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-17): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 10/18/2024     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
222076099 [Redact] [Redact]   31684511     Credit Credit Miscellaneous Guideline Credit Exception:   Security instrument noted Borrower titled as Trustee of [Redact] and [Redact] ; however, signed as individuals on the Security Instrument and the Note. Additionally trust agreements required.       Reviewer Comment (2024-08-28): Received updated Note Signed twice. 1st as Individual and 2nd as Trustee. Exception Cleared


Buyer Comment (2024-08-26): Note


Reviewer Comment (2024-08-05): Updated: Copies of both trusts received. Security agreement executed by trustees of the respective trusts provided with intent to re-record. Security Agreement portion has been cleared. The Note provided was executed by [Redact] as individual.   Note should be executed by [Redact] individually and as trustee.


Buyer Comment (2024-08-01): LOX


Buyer Comment (2024-08-01): new note, dot, and intent to re-record


Reviewer Comment (2024-07-31): Received Trust Agreement for both the borrowers. Still need an updated Note and Security instrument must have signed Borrower as Individually and Trustee of respective trust. Exception Remains


Buyer Comment (2024-07-29): Trust Agreement


Reviewer Comment (2024-07-26): Received Trust agreement for[Redact], however still missing Trust agreement for [Redact]. Additionally, Note and Security instrument must have signed Borrower as Individually and Trustee of respective trust.  Exception Remains


Buyer Comment (2024-07-24): Trust Agreement
 08/28/2024     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
222076099 [Redact] [Redact]   31684512     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. 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 (2024-06-14): Acknowledged non material
     06/14/2024 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
222076099 [Redact] [Redact]   31684513     Credit Credit Miscellaneous Guideline Credit Exception:   Primary [Redact] is missing [Redact] payment.       Reviewer Comment (2024-08-08): State provided dated [Redact], reflects no charges for late payment  YTD  and no credits given back YTD, Presumption is [Redact] was paid timely or YTD historical late charges would be present.


Reviewer Comment (2024-08-05): Statement for payment due [Redact] reflected [Redact] was paid [Redact]. Statement for payment due [Redact] confirms payment for June was paid [Redact]. Credit report reflects due for[Redact]. The [Redact] payment could have been made on [Redact] or [Redact] or [Redact] or [Redact], which would have made the [Redact] payment 30 days late. The argument isn't whether [Redact] was paid, it is about documenting it was paid timely. Based on documentation provided we are unable to ascertain if [Redact] payment meets the guideline requirement of 0x30 in last 12 months.


Buyer Comment (2024-08-02): Lender's comment: What can we do for the mortgage statement being requested? We have provided everything necessary and advise of any other alternative so we do not have to go back to this borrower again.


Reviewer Comment (2024-07-31): Received Mortgage Statement with Payment Due date for [Redact] and [Redact] which confirms payment for [Redact]  and [Redact] . Still missing mortgage statement with Payment Due date for [Redact] which will confirm the payment for [Redact] . Exception Remains


Buyer Comment (2024-07-30): Statement


Buyer Comment (2024-07-30): mtg statements
 08/08/2024     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
222076107 [Redact] [Redact]   31684542     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report missing.       Reviewer Comment (2024-09-05): Fraud Report Received. Exception Cleared


Buyer Comment (2024-09-03): Fraud Report
 09/05/2024     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
222076107 [Redact] [Redact]   31684543     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC search result missing for both borrower and co-borrower       Reviewer Comment (2024-09-05): Received Fraud report with OFAC Result as Pass. Exception cleared


Buyer Comment (2024-09-03): Fraud Report
 09/05/2024     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
222076994 [Redact] [Redact] [Redact] 31685361     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-17): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 10/18/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   D B D A B B A A Non QM Non QM No
222076994 [Redact] [Redact] [Redact] 31887588     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   The file is missing a copy of Purchase/Sales Contract agreement.       Reviewer Comment (2024-10-16): Received Purchase Agreement. Exception Cleared.


Seller Comment (2024-10-15): (Rate Lock) Purchase Agreement
 10/16/2024     1 D A D A D A D A D A   [Redact] Second Home Purchase   D B D A B B A A Non QM Non QM No
222076994 [Redact] [Redact] [Redact] 31887679     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.             10/11/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   D B D A B B A A Non QM Non QM No
222081426 [Redact] [Redact] [Redact] 31700420     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-21): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222081437 [Redact] [Redact] [Redact] 31700555     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-10): Collateral delivered [Redact] via [Redact] tracking [Redact]
 10/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222081437 [Redact] [Redact] [Redact] 31852061     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 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 declaration date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-29): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-10-29): disaster


Reviewer Comment (2024-10-28): The PDI provided was not for the subject property.  Condition remains


Reviewer Comment (2024-10-28): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]


Seller Comment (2024-10-28): disaster
     10/29/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222089557 [Redact] [Redact] [Redact] 31710286     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-17): collateral delivered [Redact] via [Redact] [Redact]
 12/18/2024     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
222089557 [Redact] [Redact] [Redact] 32374171     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business purpose Certificate Not provided in the file.       Reviewer Comment (2024-12-16): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-13): Business purpose Certificate
 12/16/2024     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
222089557 [Redact] [Redact] [Redact] 32374173     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Cash-Out Utilization not provided in the file.       Reviewer Comment (2024-12-18): Business purpose cert provided


Seller Comment (2024-12-17): Disagree - a cash out utilization explanation is not required for this product.
 12/18/2024     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
222089557 [Redact] [Redact] [Redact] 32374175     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Corporate Resolution was not provided in the file.       Reviewer Comment (2024-12-19): Single Member entity, CPA letter used as an alternative documentation. Exception Cleared.


Seller Comment (2024-12-17): Disagree - the LLC is not a corporation and a corporate resolution is not required.
 12/19/2024     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
222089557 [Redact] [Redact] [Redact] 32374176     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was missing in the file.       Reviewer Comment (2024-12-16): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-13): Guarantor Agreement
 12/16/2024     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
222089557 [Redact] [Redact] [Redact] 32374177     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement not provided in the file.       Reviewer Comment (2024-12-19): Single Member entity, CPA letter used as an alternative documentation. Exception Cleared.


Seller Comment (2024-12-17): An operating agreement is not required when a CPA letter is provided to verify the ownership %.
 12/19/2024     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
222093291 [Redact] [Redact] [Redact] 31718011     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-18): [Redact] Trakcing number [Redact] DELIVERED
Thursday
[Redact] at 9:01 AM


Seller Comment (2024-11-07): [Redact] TRAKCING NUMBER [Redact]
 11/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222093291 [Redact] [Redact] [Redact] 32052653     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business purpose Certificate not provided in the file.       Reviewer Comment (2024-11-07): Received Business purpose Certificate. Exception Cleared.


Seller Comment (2024-11-07): Non QM
 11/07/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222093291 [Redact] [Redact] [Redact] 32086073     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Mortgagor Name(s) does not agree with Schedule SCH: [Redact]               :NOTE: RE [Redact]       Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): Will this be reviewed soon?


Seller Comment (2024-11-12): operating  agreement
 11/26/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A     A A   N/A No
222099883 [Redact] [Redact] [Redact] 31722226     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian
 11/15/2024     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
222100383 [Redact] [Redact] [Redact] 31723008     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-22): Collateral was delivered [Redact] via [Redact] tracking [Redact]
 10/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222100383 [Redact] [Redact] [Redact] 31937851     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Provide a copy of the declaration page or policy in effect at or prior to closing, [Redact].       Reviewer Comment (2024-10-25): Revised declaration page provided


Seller Comment (2024-10-25): hoi
 10/25/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222100575 [Redact] [Redact] [Redact] 31723397     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-04): Shipping [Redact] DELIVERED
Monday
[Redact] at 9:13 AM
Signed for by: [Redact]
 11/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222110842 [Redact] [Redact]   31746081     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-10-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-30): [Redact]  report
 10/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222110842 [Redact] [Redact]   31746082     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 (2024-10-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-30): [Redact]  report
 10/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222110842 [Redact] [Redact]   31746083     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-10-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-30): [Redact]  report
 10/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222110842 [Redact] [Redact]   31746092     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file was missing a copy of the Fraud Report.       Reviewer Comment (2024-10-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-30): [Redact]  report
 10/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222110842 [Redact] [Redact]   31746094     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. - The file was missing a copy of the OFAC Report.       Reviewer Comment (2024-10-01): Received Fraud Report. Exception Cleared.


Seller Comment (2024-09-30): [Redact]  report
 10/01/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222110842 [Redact] [Redact]   31746609     Credit Asset Asset Eligibility Asset Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines   3.85% seller concessions > 3% maximum allowed per guidelines.  However, there is an approved lender exception form in file. 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 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.		 1.62 DSCR vs, guideline minimum of 1 Aggregator

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-09-27): Client elected to waive the condition with the following Comp Factor:
0X30 on all tradelines since 2007
0X30 for mortgage history for 27 months
1.62 DSCR vs, guideline minimum of 1
     09/27/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222111396 [Redact] [Redact] [Redact] 31738167     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-20): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/21/2024     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
222111396 [Redact] [Redact] [Redact] 32157870     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Policy coverage shortfall of [Redact]. Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.  Note: RCE provided verified the replacement cost of [Redact] and the declarations page verified coverage of [Redact]. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's Experience/Track Record		 FICO: 796 where 720 is required.

Landlord Experience: 5 investment properties with acquisitions dating to 2019 mortgage history paid as agreed.		 SitusAMC,Aggregator

Aggregator		 Reviewer Comment (2024-12-20): Client elected to waive the condition with the following compensating factors:
FICO: 796 where 720 is required.
Landlord Experience: 5 investment properties with acquisitions dating to 2019 mortgage history paid as agreed.
Other REO equity: Approximate [Redact]


Reviewer Comment (2024-11-26): Debris removal is included in the calculation of sufficient coverage.  If the property was destroyed, debris removal is required to rebuild.  Condition is valid and remains open


Seller Comment (2024-11-25): Per our operations team, RCE provided should be acceptable. Debris removable is not required to be included per industry standards.
     12/20/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   D B D B     A A   N/A No
222111396 [Redact] [Redact] [Redact] 32157879     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-11-20): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-11-20): Guarantor Agreement attached.
 11/20/2024     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
222112220 [Redact] [Redact] [Redact] 31739011     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-04): Waived on Rate Lock: Collateral cleared by Custodian
 11/04/2024     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
222113919 [Redact] [Redact] [Redact] 31739223     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-14): Note Trk - [Redact] #[Redact]ct]being delivered [Redact].
 11/27/2024     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
222113919 [Redact] [Redact] [Redact] 32075299     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-08): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     11/08/2024 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
222113919 [Redact] [Redact] [Redact] 32075313     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-11-12): Business purpose cert provided


Seller Comment (2024-11-12): cert upld
 11/12/2024     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
222113919 [Redact] [Redact] [Redact] 32150748     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 (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-19): invalid cond - note on d0226 and title on d0283 both reflect the LLC name.
 11/27/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
222122228 [Redact] [Redact] [Redact] 31746592     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): (Rate Lock) [Redact]
 11/18/2024     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
222123091 [Redact] [Redact] [Redact] 31747364     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-21): Collateral delivered  on [Redact] via [Redact] tracking [Redact].
 10/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222124096 [Redact] [Redact] [Redact] 31748920     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-21): Waived on Rate Lock: Collateral cleared by Custodian
 10/21/2024     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
222124096 [Redact] [Redact] [Redact] 31934143     Credit Missing Document General Missing Document Missing Document: Vacation Rental Income Statement ([Redact], [Redact], etc.) not provided   File is missing verification of 24 months income for the short term income used to qualify.  Per the guidelines, the following is required:  Third-party statements from [Redact], [Redact], or similar service must be provided; Third-party rental service must confirm the property has been actively marketed for at least the prior 24 months; and Third-party service to provide listing dates the property is rented in the future.       Reviewer Comment (2024-10-28): Received Third Party income statement. Exception Cleared.


Seller Comment (2024-10-25): (Rate Lock) We provided statements from the third-party management company that the borrower uses to rent out the subject property. The file as over a 24-month history of rental history including 2024 YTD rental information through [Redact] . I don't understand why these are not acceptable.
 10/28/2024     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
222124385 [Redact] [Redact] [Redact] 31750463     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Tracking #[Redact]
 11/08/2024     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
222131382 [Redact] [Redact] [Redact] 31765549     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian
 11/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222131913 [Redact] [Redact] [Redact] 31766758     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): (Rate Lock) [Redact]
 12/13/2024     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
222133631 [Redact] [Redact] [Redact] 31771685     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-21): Waived on Rate Lock: Collateral cleared by Custodian
 10/21/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222141433 [Redact] [Redact] [Redact] 31782764     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian
 11/15/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
222141433 [Redact] [Redact] [Redact] 32127055     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the mortgage statement to verify the PITIA for the REO.  Note: LOE in file states proof father pays the mortgage on the property would be provided, but they were not in the file.  If the full PITIA is being included, a copy of the statement to verify the PITIA is required.       Reviewer Comment (2024-11-15): Received PITIA documents. Exception Cleared.


Seller Comment (2024-11-14): (Rate Lock) The mortgage payment is P&I only. The insurance policy, tax statement and LOX stating there are no HOA dues have been provided.
 11/15/2024     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
222141433 [Redact] [Redact] [Redact] 32127100     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             11/13/2024 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
222141433 [Redact] [Redact] [Redact] 32127102     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.         Reviewer Comment (2024-11-13): Sufficient Cure Provided At Closing
   11/13/2024   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 B A A Non QM Non QM Yes
222141433 [Redact] [Redact] [Redact] 32127582     Compliance Compliance Federal Compliance TILA ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. The ARM Disc losure was signed by the borrower [Redact] not within 3 days of the loan application.       Reviewer Comment (2024-11-15): Proof of electronic delivery within 3 business days of application provided


Seller Comment (2024-11-14): (Rate Lock) Please see loan summary report and notice of intent toproceed - documents electronicaly sentto the borrower within 3 days of the application
 11/15/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
222141433 [Redact] [Redact] [Redact] 32127630     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 ___. There is an approv ed lender exception for the Cash out exceeding the guideline limit of [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.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Job stability: 10 years at employer

DTI 32 where guideline maximum is 45		 SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-11-13): Client elected to waive the condition with the following Compensating Factors:
DTI 32 where guideline maximum is 45
Pre close assets: [Redact] where [Redact] is required (3X)
Job stability: 10 years at employer
     11/13/2024 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
222141433 [Redact] [Redact] [Redact] 32127995     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.             11/13/2024 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
222142047 [Redact] [Redact] [Redact] 31783637     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-01): Waived on Rate Lock: Collateral cleared by Custodian
 11/01/2024     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
222142047 [Redact] [Redact] [Redact] 32033517     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement       Reviewer Comment (2024-11-19): Received updated note. Exception Cleared.


Seller Comment (2024-11-19): (Rate Lock) corrected Note


Reviewer Comment (2024-11-04): Required guarantor agreement to clear this condition. Exception Remains.


Seller Comment (2024-11-04): (Rate Lock) trust docs
 11/19/2024     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
222148887 [Redact] [Redact] [Redact] 31786518     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-03): (Rate Lock) [Redact]
 01/06/2025     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
222148887 [Redact] [Redact] [Redact] 32483213     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 (2024-12-26): Client elected to waive the condition
     12/26/2024 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
222148887 [Redact] [Redact] [Redact] 32493176     Credit Credit Miscellaneous Guideline Credit Exception:   The subject loan is a delayed financing refinance paying back business funds that were used to purchase the subject.  Client exception approval 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.		 Post-close reserves [Redact] (9x; 3 months required = [Redact])

LTV 40.65% (maximum 75%)

FICO: 756 where 700 is minimum		 SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC

Aggregator,SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-12-26): Client elected to waive the condition with the following Compensating Factors:
Preclose assets: [Redact] in retirement and other sources 10.25 months reserves where 3 months is required (3X)
DTI: 29.44 where 50 is maximum
FICO: 756 where 700 is minimum
     12/26/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
222148887 [Redact] [Redact] [Redact] 32496623     Credit Guideline Guideline Issue Guideline Delayed Financing indicated and Delayed Financing Guidelines are not met.   The file is missing the complete statement for [Redact] account x[Redact] to verify the funds used to purchase the property       Reviewer Comment (2025-01-24): Documentation verifying the funds for the initial purchase provided


Seller Comment (2025-01-24): Attached the statements for each wire one showing the funds are available.


Reviewer Comment (2025-01-22): Required account statement for the month of [Redact] to verify the Wire amount debited to purchase the property. Exception Remains.


Seller Comment (2025-01-21): Attached the Wires of [Redact], [Redact], and [Redact] used to purchase the subject.


Reviewer Comment (2025-01-14): The statement provided did not confirm the wires of [Redact], [Redact], and [Redact] used to purchase the subject in [Redact].  Provide the statements to source the funds used to purchase the property.  Condition remains


Seller Comment (2025-01-10): Attached the Account statement for the complete statement for [Redact] account xx[Redact].
 01/24/2025     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
222148887 [Redact] [Redact] [Redact] 32496625     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.               12/26/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
222152075 [Redact] [Redact] [Redact] 31798578     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222160190 [Redact] [Redact] [Redact] 31800452     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-30): collateral delivered [Redact] via [Redact] tracking [Redact]
 10/31/2024     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
222160190 [Redact] [Redact] [Redact] 31995684     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 (2024-10-30): Guarantor Agreement provided


Seller Comment (2024-10-30): guarantee
 10/30/2024     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
222160190 [Redact] [Redact] [Redact] 31995690     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   The file was missing a copy of the Tax Certificate which was lender used to calculate the annual taxes.       Reviewer Comment (2024-10-30): Tax Cert provided


Seller Comment (2024-10-30): taxes
 10/30/2024     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
222160190 [Redact] [Redact] [Redact] 31998925     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file is missing a copy of the final 1003.  Per the guidelines, all real estate owned must be disclosed on the application with the full PITIA.  The initial 1003 in file did not have the REO section completed.       Reviewer Comment (2024-11-07): 1003 with REO section completed provided


Seller Comment (2024-11-07): 1003


Reviewer Comment (2024-10-30): An additional copy of the creditor application was provided.  Only the subject was listed in the REO, however there is documentation in the initial file (mortgage statement and Fraud Report) that identified additional REO's.  Condition remains


Seller Comment (2024-10-30): 1003
 11/07/2024     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
222160297 [Redact] [Redact] [Redact] 31800546     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-05): Waived on Rate Lock: Collateral cleared by Custodian
 11/05/2024     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
222160297 [Redact] [Redact] [Redact] 32038251     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. Credit Report Fee was last disclosed as [Redact] on LE however it was disclosed as [Redact] on Final Closing Disclosure.  There was a lender credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-11-08): 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 (2024-11-07): (Rate Lock) pccd
   11/08/2024   2 C B C B C B C B C B   [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
222160297 [Redact] [Redact] [Redact] 32038252     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 - Survey Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Insufficient or no cure was provided to the borrower. Title Survey 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 (2024-11-26): [Redact]: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.


Seller Comment (2024-11-25): (Rate Lock) Please see attached for clarification


Reviewer Comment (2024-11-21): [Redact] received PCCD and LOE, however unable tp determine from the file whether the lender or title company requried the survey.  If the lender required the survey fee then a cure is due to the borrower.  If the borrower-chosen service provider further outsourced the Survey Fee, an attestation from the seller is needed.  The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. 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.


Seller Comment (2024-11-20): (Rate Lock) PCCD


Seller Comment (2024-11-19): (Rate Lock) FSS


Reviewer Comment (2024-11-13): [Redact] received Post CD.    The inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop.  As the Title- Survey fee was included in section B of the most recent LE, the consumer was not allowed to shop, and a cure is required.  Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2024-11-12): (Rate Lock) PCCD


Reviewer Comment (2024-11-08): [Redact] received PCCD and LOE updating the fee as per final ledger. however, the survey fee was added as on revised LE in section B which is borrower cannot shop for. The fee is falling under 0% tolerance. A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.
 11/26/2024     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
222160297 [Redact] [Redact] [Redact] 32256780     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 (2024-11-26): Sufficient Cure Provided At Closing
   11/26/2024   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
222160331 [Redact] [Redact] [Redact] 31800853     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-17): Tracking #[Redact]
 10/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222161257 [Redact] [Redact]   31815492     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 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 declaration date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster:[Redact] SitusAMC,Aggregator Reviewer Comment (2024-10-24): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-10-24): Disaster Inspection - most recent


Reviewer Comment (2024-10-24): Provided PDI reflects inspection date [Redact] however disaster declaration date is [Redact]. Exception Remains.


Seller Comment (2024-10-23): Disaster Inspection


Reviewer Comment (2024-10-15): EXCEPTION HISTORY - Exception Explanation was updated on [Redact] PRIOR Exception Explanation: Disaster Name: HURRICANE [Redact]
Disaster Declaration Date: [Redact]
     10/24/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222162620 [Redact] [Redact] [Redact] 31806477     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian
 11/27/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222163566 [Redact] [Redact] [Redact] 31807939     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-02-05): Waived on Rate Lock: Collateral cleared by Custodian
 02/05/2025     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
222163911 [Redact] [Redact] [Redact] 31808037     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): Please see [Redact] Tracking #[Redact]  shows delivered this morning.  Thank you!
 11/26/2024     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
222163911 [Redact] [Redact] [Redact] 32157661     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 (2024-11-18): Sufficient Cure Provided At Closing
   11/18/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
222165365 [Redact] [Redact] [Redact] 31808350     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Tracking #[Redact]
 11/13/2024     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
222165365 [Redact] [Redact] [Redact] 32054844     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 (2024-11-05): Sufficient Cure Provided At Closing
   11/05/2024   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
222167585 [Redact] [Redact]   31808741     Credit Credit Credit Documentation Credit Borrower does not own current residence and thus casts doubt on business purpose of loan.   Guarantor - Individual -[Redact] has no primary expenses at current primary residence [Redact]. Need a copy of letter of explanation to verify the same.       Reviewer Comment (2024-08-27): LOE provided.


Buyer Comment (2024-08-26): LOE
 08/27/2024     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
222167585 [Redact] [Redact]   31808742     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Employer Identification Number (EIN) is missing for [Redact] of the [Redact]       Reviewer Comment (2024-09-24): There is not a separate EIN.


Buyer Comment (2024-09-20): Please see attached email from CPA regarding EIN#


Reviewer Comment (2024-08-30): Require EIN for "[Redact]" exception remains.


Buyer Comment (2024-08-29): Per Lender: Can I get additional clarification on what is needed for this pend?


Reviewer Comment (2024-08-27): LOE states [Redact] is a series and disregarded entity per the operation agreement and does not have a separate EIN.


Buyer Comment (2024-08-26): LOE
 09/24/2024     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
222167585 [Redact] [Redact]   31808743     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Non-Owner Occupancy Declaration not provided   Non-Owner Occupancy Declaration is missing.       Reviewer Comment (2024-08-27): Signed BPC provided.


Buyer Comment (2024-08-26): Occupancy Affidavit
 08/27/2024     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
222167585 [Redact] [Redact]   31808744     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. File contains evidence appraisal report provided is an updated report.  Delivery confirmations dated earlier than report date of report located in file.  Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2024-09-03): Original appraisal provided.


Buyer Comment (2024-08-30): Previous appraisal versions, proof of deliveries already in file.
 09/03/2024     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
222167585 [Redact] [Redact]   31808745     Credit Credit Miscellaneous Guideline Credit Exception:   Provide fully excecuted business purpose cert, missing the signature page.       Reviewer Comment (2024-08-27): Signed BPC provided


Buyer Comment (2024-08-26): Signature Page
 08/27/2024     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
222167585 [Redact] [Redact]   31808746     Credit Credit Miscellaneous Guideline Credit Exception:   Business assets used, 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 (2024-09-24): Received updated 1003. Exception Cleared


Buyer Comment (2024-09-20): Attached is the 1003 removing the business assets as they were not used in qualifying.


Reviewer Comment (2024-09-03): Please upload updated 1003.


Buyer Comment (2024-08-29): Uploaded corrected 1003 removing business assets


Reviewer Comment (2024-08-28): Provide updated 1003 without Business bank account listed. Exception remains


Buyer Comment (2024-08-26): LOE
 09/24/2024     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
222167585 [Redact] [Redact]   31808747     Credit Credit Miscellaneous Guideline Credit Exception:   Missing signature page of the business purpose certificate.       Reviewer Comment (2024-08-27): Signature page provided


Buyer Comment (2024-08-26): Signature Page
 08/27/2024     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
222167588 [Redact] [Redact]   31808763     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Insufficient assets documented       Reviewer Comment (2024-09-19): Certificate of deposit document provided for [Redact]  Exception Cleared


Buyer Comment (2024-09-17): Per Lender: The final CD shows [Redact] was needed for cash to close. I'm not sure where they are getting that it was [Redact]. We have documented the borrower has a C.D. in the amount of [Redact]. There is also a detailed paper trail to show where this came from. (rolled over other CD's) This leaves [Redact] left for reserves.


Buyer Comment (2024-09-17): LOE
 09/19/2024     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
222167588 [Redact] [Redact]   31808766     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Insufficient assets documented       Reviewer Comment (2024-09-19): Certificate of deposit document provided for [Redact]  Exception Cleared


Buyer Comment (2024-09-17): Per Lender: The final CD shows [Redact] was needed for cash to close. I'm not sure where they are getting that it was [Redact]. We have documented the borrower has a C.D. in the amount of [Redact]. There is also a detailed paper trail to show where this came from. (rolled over other CD's) This leaves [Redact] left for reserves.
 09/19/2024     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
222167594 [Redact] [Redact] [Redact] 31808795     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-14): [Redact] tracking details and Proof of Delivery
 11/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222167619 [Redact] [Redact] [Redact] 31809078     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-08): (Rate Lock) Note internally transferred.
 11/11/2024     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 Exempt from ATR Exempt from ATR No
222167619 [Redact] [Redact] [Redact] 32059643     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.             11/06/2024 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 Exempt from ATR Exempt from ATR No
222167632 [Redact] [Redact] [Redact] 31809244     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222176549 [Redact] [Redact] [Redact] 31816264     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): (Rate Lock) [Redact]
 11/18/2024     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
222176549 [Redact] [Redact] [Redact] 32085935     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-11): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     11/11/2024 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
222177090 [Redact] [Redact] [Redact] 31817342     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): tracking [Redact] Deliv [Redact]
 11/14/2024     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
222177090 [Redact] [Redact] [Redact] 32032738     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   Per the guidelines, 12 months PITIA reserves is required for the subject ([Redact]) + 6 months PITIA reserves for all other REO's ([Redact]).  The verified reserves of [Redact] is short by [Redact].  The difference is due to the lender qualified with 100% of the retirement account; however per the guidelines: If borrower is ≤[Redact], then 60% of the vested value after reduction of any outstanding loans is allowable.       Reviewer Comment (2024-11-19): Additional assets provided and reserve requirement was met


Seller Comment (2024-11-19): additional retirement account


Reviewer Comment (2024-11-12): An additional copy of the Retirement statement was provided.  Per the guidelines, only 60% of the vested balance can be used for reserves.  The vested balance on the statement was [Redact] and reserves of [Redact] are eligible, which are insufficient to meet the reserve requirement of [Redact].  Condition is valid and remains open.


Seller Comment (2024-11-12): retirement
 11/19/2024     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
222181292 [Redact] [Redact] [Redact] 31825167     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-24): (Rate Lock) [Redact] Tracking for Note attached
 10/25/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE   C B C B B B A A Non QM Non QM No
222181292 [Redact] [Redact] [Redact] 31950429     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             10/22/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Limited Cash-out GSE   C B C B B B A A Non QM Non QM No
222181292 [Redact] [Redact] [Redact] 31950433     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. Credit Report Fee was not disclosed on Loan Estimate but was disclosed as [Redact] on the final CD. File does not a valid COC for this fee cure provided at closing.       Reviewer Comment (2024-10-22): Sufficient Cure Provided At Closing
   10/22/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
222181292 [Redact] [Redact] [Redact] 31951641     Credit Credit Miscellaneous Guideline Credit Exception:   Properties other than condos or co-ops with less than [Redact] square feet are ineligible.  Client exception approval in file.  Note: there are other guideline conditions open, when they are cleared, the condition will be downgraded and waived. 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 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.

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

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

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

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

The representative FICO score is above 680.		 FICO: 771 where the minimum is 720

Job stability: Self employed 16 years

LTV 47 where 70 is maximum		 SitusAMC,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-25): Client elected to waive the condition with the following Compensating Factors:
FICO: 771 where the minimum is 720
LTV 47 where 70 is maximum
Job stability: Self employed 16 years
Net Savings: [Redact]
     10/25/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Limited Cash-out GSE   C B C B B B A A Non QM Non QM No
222181292 [Redact] [Redact] [Redact] 31951892     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Investor Qualifying Residual income discrepancy. Calculated investor qualifying disposable income of ___ is less than AUS required disposable income of ___. The borrower is short disposable income to cover the Residual income requirement, per the guidelines [Redact] is required. 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 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.

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

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

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

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

The representative FICO score is above 680.		 FICO: 771 where the minimum is 720

Job stability: Self employed 16 years

LTV 47 where 70 is maximum		 SitusAMC,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-25): Client elected to waive the condition with the following Compensating Factors:
FICO: 771 where the minimum is 720
LTV 47 where 70 is maximum
Job stability: Self employed 16 years
Net Savings: [Redact]


Seller Comment (2024-10-24): (Rate Lock) Exception requested and approved for this condition-see attached
     10/25/2024 2 C B C B C B C B C B   [Redact] Primary Refinance - Limited Cash-out GSE   C B C B B B A A Non QM Non QM No
222181292 [Redact] [Redact] [Redact] 31955047     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   The file is missing a copy of the guideline required CDA supporting the appraised value within +/- 10%.  The CDA is required regardless of the CU Score.       Reviewer Comment (2024-10-25): Received CDA report. Exception Cleared.


Seller Comment (2024-10-24): (Rate Lock) CDA attached
 10/25/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Limited Cash-out GSE   C B C B B B A A Non QM Non QM No
222181293 [Redact] [Redact] [Redact] 31825170     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/13/2024     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
222181293 [Redact] [Redact] [Redact] 32058900     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.             11/06/2024 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
222181299 [Redact] [Redact] [Redact] 31825207     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): internally transferred on [Redact]
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222181299 [Redact] [Redact] [Redact] 32066078     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument is missing in the file.       Reviewer Comment (2024-11-08): Deed of Trust and Rider provided


Seller Comment (2024-11-08): attached
 11/08/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222181299 [Redact] [Redact] [Redact] 32067747     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided           Reviewer Comment (2024-11-08): Deed of Trust and Rider provided


Seller Comment (2024-11-08): attached
 11/08/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222181299 [Redact] [Redact] [Redact] 32068525     Credit Credit Miscellaneous Guideline Credit Exception:   The CDA provided identified an original appraised value that did not match the appraisal in file.  The CDA identified the original appraised value of [Redact]; however the appraisal in file verified the appraised value as [Redact].  Unable to determine if there is another appraisal not provided in the initial file or if there was a clerical error on the CDA, as the report dates and appraiser identified on the CDA match the appraisal in file.       Reviewer Comment (2024-11-11): Copy of initial appraisal report that matched the CDA was provided


Seller Comment (2024-11-08): attached
 11/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222187209 [Redact] [Redact] [Redact] 31837430     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-04): (Rate Lock) [Redact]
 12/05/2024     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
222187339 [Redact] [Redact] [Redact] 31838295     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-06): Waived on Rate Lock: Collateral cleared by Custodian
 12/06/2024     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
222187339 [Redact] [Redact] [Redact] 32299133     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]. There was a lender credit to cover the cost to cure.       Reviewer Comment (2024-12-04): Sufficient Cure Provided At Closing
   12/04/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
222187339 [Redact] [Redact] [Redact] 32299134     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. The Second Appraisal Fee wasn't disclosed on the  LE,however it was disclosed as [Redact] on Final Closing Disclosure.  There was a lender credit to cover the cost to cure.       Reviewer Comment (2024-12-04): Sufficient Cure Provided At Closing
   12/04/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
222187339 [Redact] [Redact] [Redact] 32299135     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 - Recording Service Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing. The Title - Recording Service Fee wasn't disclosed  on LE, however it was disclosed as [Redact] on Final Closing Disclosure.There is a lender credit to cover the cost to cure.       Reviewer Comment (2024-12-04): Sufficient Cure Provided At Closing
   12/04/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
222187339 [Redact] [Redact] [Redact] 32299138     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Loan File is missing fraud report       Reviewer Comment (2024-12-06): Received Fraud Report. Exception Cleared.


Seller Comment (2024-12-05): (Rate Lock) See attached [Redact]  Report
 12/06/2024     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
222187339 [Redact] [Redact] [Redact] 32299178     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Loan File is missing Fraud Report       Reviewer Comment (2024-12-06): Received Fraud Report. Exception Cleared.


Seller Comment (2024-12-05): (Rate Lock) See attached [Redact]  Report
 12/06/2024     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
222192978 [Redact] [Redact] [Redact] 31857423     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-06): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/09/2024     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
222192978 [Redact] [Redact] [Redact] 32292925     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.             12/03/2024 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
222193222 [Redact] [Redact] [Redact] 31858237     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Tracking [Redact]
 11/12/2024     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
222193222 [Redact] [Redact] [Redact] 32058378     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 that does not have a declared end date. Provide a post-disaster inspection dated after the declaration date of [Redact]. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-06): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     11/06/2024 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
222198801 [Redact] [Redact] [Redact] 31863494     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-05): (Rate Lock) [Redact]
 11/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222201140 [Redact] [Redact] [Redact] 31868776     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-29): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/02/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222201664 [Redact] [Redact] [Redact] 31870478     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-27): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 11/27/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222201664 [Redact] [Redact] [Redact] 32259703     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 (2024-11-28): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-27): business purpose
 11/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 31872094     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-05): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040318     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 (2024-11-19): Upon further review, documentation provided is acceptable.


Seller Comment (2024-11-18): UW explanation: loan states missing articles of Organization/Formation not provided Exception Information- The file is missing a copy of the Articles of Organization/Formation;;;; in [Redact] you file the articles of formation online at the below link; the attached document provides a confirmation of these formation docs filed with the state; this is acceptable.

[Redact]


Reviewer Comment (2024-11-12): The doc references in the lender's rebuttal were not located in file.  The Operating Agreement references the "Articles of Organization" have been filed, but a copy of the "Articles of Organization" were not provided.  Condition remains


Seller Comment (2024-11-11): UW resposne: in [Redact] you file the articles of formation online at the below link; the image in Misc Title DOCS C1967 titled articles of incorporation provides a comformation of these formation docs filed with the state; this is acceptable.

Documentation provided on [Redact] .


Reviewer Comment (2024-11-05): Required Articles of Organization/Formation. Exception Remains.


Seller Comment (2024-11-04): Articles of incorporation attached.
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040329     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 (2024-11-05): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-04): Please see attached business purpose certificate.
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040340     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 (2024-11-05): Received Certificate of Good Standing. Exception Cleared.


Seller Comment (2024-11-04): Good Standing Certificate is attached.
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040347     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file is missing a copy of the  Corporate Resolution       Reviewer Comment (2024-11-04): Received operating agreement. Exception Cleared.


Seller Comment (2024-11-04): Operating agreement is atatched.
 11/04/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040350     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 (2024-11-03): Received guarantor agreement. Exception Cleared.


Seller Comment (2024-11-01): Guarantor Agreement
 11/03/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222202534 [Redact] [Redact] [Redact] 32040356     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 (2024-11-05): Received Operating Agreement. Exception Cleared.


Seller Comment (2024-11-04): Please see attached operating agreement.
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222206793 [Redact] [Redact] [Redact] 31881554     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-08): Tracking #[Redact]
 11/12/2024     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
222206926 [Redact] [Redact] [Redact] 31881719     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-05): Per [Redact] , this was internally transferred on [Redact]
 12/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222206926 [Redact] [Redact] [Redact] 32291121     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 (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-09): Please clarify


Seller Comment (2024-12-03): Please clarify the issues with the Note or is this because you have not reviewed the original? Please advise.
 12/11/2024     1   A   A   A   A   A   [Redact] Investment Purchase   A A A A     A A   N/A No
222208868 [Redact] [Redact] [Redact] 31883512     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-11): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222208868 [Redact] [Redact] [Redact] 32063961     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was not provided in the file.       Reviewer Comment (2024-11-08): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-11-07): guaranty
 11/08/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222208963 [Redact] [Redact] [Redact] 31883731     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-10-30): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-10-30): Note Trk - [Redact] #[Redact], orig delivered [Redact].
 10/30/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222208963 [Redact] [Redact] [Redact] 31940439     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Interest Only not provided           Reviewer Comment (2024-10-29): PPP Note Addendum and Rider provided


Seller Comment (2024-10-29): I/O Note upld - please review and confirm this is sufficient to clear and we will proceed with getting it signed.


Reviewer Comment (2024-10-23): Required Note Addendum - Interest Only. Exception Remains.


Seller Comment (2024-10-22): disregard pervious comment.


Seller Comment (2024-10-22): this is not an interest only loan, please waive.
 10/29/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222208963 [Redact] [Redact] [Redact] 31941604     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The loan contains a PPP per the CD. The PPP Addendum to the Note was not in file.       Reviewer Comment (2024-10-29): PPP Note Addendum and Rider provided


Seller Comment (2024-10-29): ppp adden upld
 10/29/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A Yes
222208963 [Redact] [Redact] [Redact] 31941608     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   The file is missing a copy of the Fixed Prepayment Rider attached to the Mortgage.       Reviewer Comment (2024-10-29): PPP Note Addendum and Rider provided


Seller Comment (2024-10-29): ppp rider
 10/29/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222209038 [Redact] [Redact] [Redact] 31883733     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-01): Waived on Rate Lock: Collateral cleared by Custodian
 11/01/2024     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
222209038 [Redact] [Redact] [Redact] 32022832     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 (2024-11-03): Received business certificate. Exception Cleared.


Seller Comment (2024-11-01): BPC
 11/03/2024     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
222210114 [Redact] [Redact] [Redact] 31888994     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-05): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/06/2024     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
222210114 [Redact] [Redact] [Redact] 32292193     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. he 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.             12/03/2024 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
222211578 [Redact] [Redact] [Redact] 31891336     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian
 11/12/2024     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
222217296 [Redact] [Redact]   31903405     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], need an updated Insurance policy document.       Reviewer Comment (2024-09-27): Received an updated hazard Insurance Policy Document with start date as [Redact] To [Redact]. Exception Cleared


Buyer Comment (2024-09-26): Please see the current EOI covering the disbursement date of [Redact]


Buyer Comment (2024-09-26): please see the attached Note and CD revision. Thank you!


Reviewer Comment (2024-08-27): This loan has not been delivered.


Buyer Comment (2024-08-26): Please see the current EOI covering the disbursement date of [Redact]
 09/27/2024     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
222217297 [Redact] [Redact]   31903407     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing exchange agreement       Reviewer Comment (2024-10-01): Received Exchange agreement for Sold Property [Redact]


Buyer Comment (2024-09-27): See attached


Reviewer Comment (2024-09-25): Received Client Accosting Statement.  Still Need a copy of exchange agreement from "[Redact]". Exception Remains


Buyer Comment (2024-09-24): See attached


Reviewer Comment (2024-09-24): For the relinquished property located at [Redact]


Buyer Comment (2024-09-24): Exchange agreement for which borrower? [Redact] or [Redact]?
 10/01/2024     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
222217299 [Redact] [Redact]   31903412     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: ___		 Provide a PDI. 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%.		   SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-07): Declaration end not present but PDI provided reflects no damage.


Buyer Comment (2024-10-07): Please see attached, reflecting no damage.
     10/07/2024 2   B   B   B   B   B   [Redact] Investment Purchase   A B A B A A A A   N/A No
222220839 [Redact] [Redact] [Redact] 31909888     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-13): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 12/16/2024     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
222223645 [Redact] [Redact]   31920092     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Incomplete TILA-RESPA Integrated Disclosure: Incomplete Closing Disclosure was signed by borrower and cannot be excluded from testing. Corresponding exceptions for inaccurate disclosures and under/over disclosures resulting from use of incomplete Closing Disclosure are valid and will need to be cured (if curable). Final Closing Disclosure 3rd Page Is Missing,       Reviewer Comment (2024-10-18): Complete copy of the final CD provided


Seller Comment (2024-10-17): Complete CD from closing
 10/18/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Corrected CD, and Proof of Delivery (Proof of receipt and reopened rescission also required if transaction is rescindable and material disclosures are inaccurate) C A A A C A A A Non QM Non QM Yes
222223646 [Redact] [Redact]   31918326     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Final Inspection Form 1004D/442 not provided   The file is missing a copy of  Final inspection/442 images.       Reviewer Comment (2024-10-22): 442 provided


Seller Comment (2024-10-22): Revised 442


Reviewer Comment (2024-10-18): Subject Property address does not match on provided 442 report. Exception Remains.


Seller Comment (2024-10-17): 442
 10/22/2024     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
222223648 [Redact] [Redact]   31922750     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 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 after [Redact], the declaration date.       Reviewer Comment (2024-10-24): Received Post Disaster Inspection Report. Exception Cleared.


Seller Comment (2024-10-23): Disaster Inspection


Reviewer Comment (2024-10-18): Provided PDI reflects inspection date [Redact] however disaster declaration date is [Redact]. Exception Remains.


Seller Comment (2024-10-17): Inspection
 10/24/2024     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
222223648 [Redact] [Redact]   31922836     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             10/16/2024 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
222223648 [Redact] [Redact]   31922837     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 (2024-10-18): Proof of receipt of appraisal provided


Seller Comment (2024-10-17): Confirmation of appraisal delivery
 10/18/2024     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
222223648 [Redact] [Redact]   31922838     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. No documentation in the loan file to evidence borrower was provided with a copy of the appraisal at least 3 business days prior to closing.       Reviewer Comment (2024-10-18): Received Appraisal Delivery Confirmation. Exception Cleared.


Seller Comment (2024-10-17): Confirmation of appraisal delivery
 10/18/2024     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
222223648 [Redact] [Redact]   31922839     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] (an overage of [Redact] or [Redact])       Buyer Comment (2024-10-17): Initial and Final Grade B, accepted
     10/17/2024 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. C B C A C B A A Non QM Non QM Yes
222223649 [Redact] [Redact]   31919512     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]. The final CD disclosed a "Release of Funds fee to the title company for [Redact]. Unable to determine what the fee is for and additional information is required.  As-is, the fee is included in the prepaid finance charges, resulting in the Amount Financed and Finance Charges being under-disclosed.       Reviewer Comment (2024-10-17): Release of Funds excluded from finance charges


Seller Comment (2024-10-17): CE showing pass
 10/17/2024     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 A A C A A A Non QM Non QM Yes
222223649 [Redact] [Redact]   31919513     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]. The final CD disclosed a "Release of Funds fee to the title company for [Redact]. Unable to determine what the fee is for and additional information is required.  As-is, the fee is included in the prepaid finance charges, resulting in the Amount Financed and Finance Charges being under-disclosed.       Reviewer Comment (2024-10-17): Release of Funds excluded from finance charges


Seller Comment (2024-10-17): CE showing pass
 10/17/2024     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 A A C A A A Non QM Non QM Yes
222223654 [Redact] [Redact]   31920330     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 (2024-10-18): Received Certificate of Good Standing. Exception Cleared.


Seller Comment (2024-10-17): Good Standing
 10/18/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222224030 [Redact] [Redact] [Redact] 31915395     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-07): Waived on Rate Lock: Collateral cleared by Custodian
 11/07/2024     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
222224030 [Redact] [Redact] [Redact] 32020487     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. cure was provided to the borrower at Closing.       Reviewer Comment (2024-10-30): Sufficient Cure Provided At Closing
   10/30/2024   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
222224030 [Redact] [Redact] [Redact] 32020488     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. cure was provided to the borrower at Closing       Reviewer Comment (2024-10-30): Sufficient Cure Provided At Closing
   10/30/2024   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
222224032 [Redact] [Redact] [Redact] 31915434     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-13): [Redact] Tracking Details [Redact]


Seller Comment (2024-11-12): Tracking Number [Redact]
 11/14/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   D B C A B B D A Non QM Non QM No
222224032 [Redact] [Redact] [Redact] 32068430     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 purposes.       Reviewer Comment (2024-11-13): Second full appraisal provided
 11/13/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D B C A B B D A Non QM Non QM No
222224032 [Redact] [Redact] [Redact] 32068521     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.             11/07/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   D B C A B B D A Non QM Non QM No
222224032 [Redact] [Redact] [Redact] 32069801     Credit Guideline Guideline Issue Guideline File does not contain two full appraisals as required per guidelines. Loan amount: ___ Per the guidelines, loan amounts >[Redact] require 2 full appraisals.  The file only contained 1 appraisal.       Reviewer Comment (2024-11-13): Second full appraisal provided


Seller Comment (2024-11-12): appraisals dated [Redact] and [Redact]
 11/13/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D B C A B B D A Non QM Non QM No
222224032 [Redact] [Redact] [Redact] 32127359     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.               11/13/2024 2   B   B   B   B   B   [Redact] Primary Purchase   D B C A B B D A Non QM Non QM No
222224720 [Redact] [Redact] [Redact] 31920232     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-06): Waived on Rate Lock: Collateral cleared by Custodian
 12/06/2024     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
222224720 [Redact] [Redact] [Redact] 32294024     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.             12/03/2024 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
222224720 [Redact] [Redact] [Redact] 32297767     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.               12/03/2024 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
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
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
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
222228610 [Redact] [Redact] [Redact] 31922515     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-05): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-04): [Redact] Tracking [Redact] DELIVERED
Monday
[Redact] at 9:13 AM
 11/05/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222228611 [Redact] [Redact] [Redact] 31922516     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-18): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/19/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   D B D A B B D A Non QM Non QM No
222228611 [Redact] [Redact] [Redact] 32142259     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   The file was missing a copy of the Purchase Agreement / Sales Contract.       Reviewer Comment (2024-11-18): Received Purchase Agreement. Exception Cleared.


Seller Comment (2024-11-15): (Rate Lock) Purchase Agreement
 11/18/2024     1 D A D A D A D A D A   [Redact] Second Home Purchase   D B D A B B D A Non QM Non QM No
222228611 [Redact] [Redact] [Redact] 32142278     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 purposes.  Per the guidelines, a Collateral Desktop Analysis report (CDA) from [Redact] is required.  The desk review is required regardless of the CU score.       Reviewer Comment (2024-11-18): Received CDA report. Exception Cleared.


Seller Comment (2024-11-15): (Rate Lock) CDA
 11/18/2024     1 D A D A D A D A D A   [Redact] Second Home Purchase   D B D A B B D A Non QM Non QM No
222228611 [Redact] [Redact] [Redact] 32142288     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.             11/14/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   D B D A B B D A Non QM Non QM No
222228934 [Redact] [Redact] [Redact] 31923586     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): Good morning! Can you please confirm this has been received/reviewed? Thank you!


Seller Comment (2024-11-06): Please see tracking: [Redact] - delivered.
 11/13/2024     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
222228968 [Redact] [Redact] [Redact] 31923757     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian
 11/26/2024     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
222228968 [Redact] [Redact] [Redact] 32150290     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             11/15/2024 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
222228968 [Redact] [Redact] [Redact] 32150296     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. There was no cure was provided to the borrower, and the file did not contain a valid COC for the addition of the fee.       Reviewer Comment (2024-11-15): Sufficient Cure Provided At Closing
   11/15/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure B B B B B B A A Non QM Non QM Yes
222228968 [Redact] [Redact] [Redact] 32150333     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.             11/15/2024 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
222229315 [Redact] [Redact] [Redact] 31924539     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian
 11/13/2024     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
222229401 [Redact] [Redact] [Redact] 31924598     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian
 11/12/2024     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
222229401 [Redact] [Redact] [Redact] 32072197     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. The Appraisal Fee was last disclosed as [Redact] on LE then disclosed as [Redact] on Final Closing Disclosure.  There was a lender credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-11-08): Sufficient Cure Provided At Closing
   11/08/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
222229401 [Redact] [Redact] [Redact] 32075617     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Per the guidelines, two months statements are required for all asset verification.  The file contained a statement ending [Redact], provide a copy of the statement ending [Redact].       Reviewer Comment (2024-11-13): New account opened [Redact]; only 1 months' statement available
 11/13/2024     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
222229401 [Redact] [Redact] [Redact] 32075618     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Per the guidelines, two months statements are required for all asset verification.  The file contained a statement ending [Redact], provide a copy of the statement ending [Redact].       Reviewer Comment (2024-11-13): New account opened [Redact]; only 1 months' statement available


Seller Comment (2024-11-12): (Rate Lock) assest
 11/13/2024     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
222229428 [Redact] [Redact] [Redact] 31924638     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-02): Collateral delivered [Redact] via [Redact] tracking [Redact]
 12/03/2024     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
222229428 [Redact] [Redact] [Redact] 32274988     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement not provided in the file.       Reviewer Comment (2024-12-01): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-11-29): Guarantor Agreement
 12/01/2024     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
222230403 [Redact] [Redact] [Redact] 31931374     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian
 11/21/2024     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
222230403 [Redact] [Redact] [Redact] 32157900     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-11-21): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-21): business purpose cert
 11/21/2024     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
222230559 [Redact] [Redact] [Redact] 31931867     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-13): (Rate Lock) [Redact]
 12/16/2024     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
222230559 [Redact] [Redact] [Redact] 32366987     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.             12/12/2024 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
222230559 [Redact] [Redact] [Redact] 32366988     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 (2025-01-03): Receipt of Appraisal is in file. Exception Cleared.


Seller Comment (2024-12-31): [Redact] - The document in the file states the borrowers acknowledge receipt of the appraisal report on the subject property.  It is eSigned [Redact] by both borrowers - there is only one (1) appraisal report for this transaction dated [Redact].  This should clear the exception.


Reviewer Comment (2024-12-23): Document mentioned does not confirms the provided date of appraisal. Exception Remains.


Seller Comment (2024-12-22): [Redact] - Waterfall from exception 32366989.
 01/03/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
222230559 [Redact] [Redact] [Redact] 32366989     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 (2025-01-03): Receipt of Appraisal is in file. Exception Cleared.


Seller Comment (2024-12-31): [Redact] - The document in the file states the borrowers acknowledge receipt of the appraisal report on the subject property.  It is eSigned [Redact] by both borrowers - there is only one (1) appraisal report for this transaction dated [Redact].  This should clear the exception.


Reviewer Comment (2024-12-23): Document mentioned does not confirms the provided date of appraisal. Exception Remains.


Seller Comment (2024-12-22): [Redact] - There is one (1) appraisal report for this transaction - dated [Redact] - Certificate of Receipt of Appraisals - is located in [Redact] - D0184 - e-signed by both borrowers on [Redact] - stating the appraisal report was received within three (3) days of closing.  Please advise if this document was reviewed and does not clear the exception or it was missed and is acceptable documentation, or additional documentation is required from the lender showing it was sent/delivered to the borrowers.
 01/03/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B B B C B A A Non QM Non QM No
222230559 [Redact] [Redact] [Redact] 32366991     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]. Missing final itemization of prepaid finance charges to determine cause of underdisclosure. 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 (2024-12-23): Cure docs in file


Seller Comment (2024-12-23): [Redact] - Entered comments in DD Portal & [Redact].  Exception is invalid - please cancel.  Documentation is located in [Redact] for under-disclosed finance charge in the amount of [Redact].  LOX - located in D0350, Copy of Refund Check - D0373, [Redact] Shipping Label - D0398 & PCCD - D0352.   Total refund [Redact] - shows on Page 2 - Section J of PCCD issued [Redact] - refund issued for [Redact] for Finance Charge - Verification of Unemployment not included in calculation & [Redact] for Total of Payments.  Documentation in [Redact] at time of review - please cancel.
   12/23/2024   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 C B B B C B A A Non QM Non QM Yes
222230559 [Redact] [Redact] [Redact] 32366992     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]. Missing final itemization of prepaid finance charges to determine cause of underdisclosure. 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 (2024-12-23): Cure docs in file


Seller Comment (2024-12-23): [Redact] - Entered comments in DD Portal & [Redact].  Exception is invalid - please cancel.  Documentation is located in [Redact] for under-disclosed finance charge in the amount of [Redact].  LOX - located in D0350, Copy of Refund Check - D0373, [Redact] Shipping Label - D0398 & PCCD - D0352.   Total refund [Redact]- shows on Page 2 - Section J of PCCD issued [Redact] - refund issued for [Redact] for Finance Charge - Verification of Unemployment not included in calculation & [Redact] for Total of Payments.  Documentation in [Redact] at time of review - please cancel.
   12/23/2024   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, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C B B B C B A A Non QM Non QM Yes
222230559 [Redact] [Redact] [Redact] 32366993     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [Redact]).  The disclosed Total of Payments in the amount of [Redact] is under disclosed by [Redact] compared to the calculated total of payments of [Redact] which exceeds the [Redact] threshold. Total of payments disclosed on Final CD is[Redact].  Calculated Total of payments is [Redact]. Variance of -[Redact].       Reviewer Comment (2025-01-09): [Redact] received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2025-01-08): [Redact] - Received & uploaded to [Redact] - Copy of Replacement refund check, [Redact] Shipping Label & [Redact] Delivery Confirmation from lender.  Confirmed LOX & PCCD from original package was included in replacement package delivered to borrower.  Please review and clear exception.


Reviewer Comment (2024-12-30): [Redact] received rebuttal stating the cure documentation has been provided in 2 different packages, for separate finance charge of [Redact] and remainder on TOP [Redact].  Confirmed PCCD's, LOE's, copy of cure refunds for [Redact] and [Redact] and proof of delivery.  However, the proof of delivery of the [Redact] does not reflect the package has been able to be delivered to borrower.  [Redact] tracking states that on [Redact]  was returning the package to sender and returned to sender and received on [Redact] as states on [Redact] that the delivery location is vacant.  Please provide proof the [Redact] cure refund package portion has been resent and redelivered to borrower.


Seller Comment (2024-12-27): Typically, if there is a variance in the TOP and Finance Charge - the amount linked to the finance charge is creating a variance in the TOP.


Seller Comment (2024-12-27): [Redact] - [Redact] + [Redact] is the total amount of refund due in the amount of [Redact] for TOP.  The under-disclosure of [Redact] for the VOE - Finance Charge - is included in the under-disclosed amount of [Redact] for TOP.  The [Redact] cannot be refunded twice - the documentation in the file was provided for the refunds and should clear the exception.


Reviewer Comment (2024-12-23): PCCD dated [Redact] reflects credit in Section J for [Redact], please provide LOE to borrower notifying borrower of TOP under disclosure and copy of refund check that corresponds with the [Redact] refund/credit and proof of delivery or, if credit was issued at disbursement, copy of final ALTA settlement statement reflecting [Redact] credit to consumer at closing.


Seller Comment (2024-12-23): [Redact] - Entered comments in DD Portal & [Redact].  Exception is invalid - please cancel.  Documentation is located in [Redact] for TOP variance in the amount of [Redact].  LOX, Copy of Refund Check & [Redact] Shipping Label - all located in [Redact] - D0352.  Total refund [Redact] - shows on Page 2 - Section J of PCCD issued [Redact] - refund issued for [Redact] for Finance Charge & [Redact] for Total of Payments.  Documentation in [Redact] at time of review - please cancel.
   01/09/2025   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, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable C B B B C B A A Non QM Non QM Yes
222230559 [Redact] [Redact] [Redact] 32367033     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 latest dated appraisal inspection date is [Redact] There was a FEMA disaster dated [Redact] A post-disaster inspection is required indicating no damage to the subject property and must be dated after the disaster declaration. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-12): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     12/12/2024 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
222230580 [Redact] [Redact] [Redact] 31932036     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-08): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): Tracking # [Redact]
 11/08/2024     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
222230865 [Redact] [Redact] [Redact] 31932767     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian
 11/15/2024     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
222230865 [Redact] [Redact] [Redact] 32125187     Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   The Hazard insurance is missing in file.       Reviewer Comment (2024-11-28): Received Hazard Policy. Exception Cleared.


Seller Comment (2024-11-27): HOI policy
 11/28/2024     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
222230865 [Redact] [Redact] [Redact] 32125320     Credit Insurance Insurance Documentation Insurance Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance.   Copy of Hazard insurance policy is missing.       Reviewer Comment (2024-11-28): Received Hazard Policy. Exception Cleared.


Seller Comment (2024-11-27): HOI policy
 11/28/2024     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
222230865 [Redact] [Redact] [Redact] 32125347     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             11/13/2024 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
222230865 [Redact] [Redact] [Redact] 32125348     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             11/13/2024 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
222230865 [Redact] [Redact] [Redact] 32125349     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 (2024-11-28): Received Homeownership Counselling. Exception Cleared.


Seller Comment (2024-11-27): Homeownership Counseling Organizations List
 11/28/2024     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
222230865 [Redact] [Redact] [Redact] 32125610     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   The assets verified were insufficient to meet the reserve requirements.  Per the final 1003, the borrower was qualified with Mutual Funds from account xx[Redact] of [Redact]; however the file was missing two months statements to verify the assets.       Reviewer Comment (2024-11-28): Received bank statement for acct #[Redact]. Reserve requirement met. Exception Cleared.


Seller Comment (2024-11-27): Please see bank statements for account #[Redact].
 11/28/2024     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
222231283 [Redact] [Redact] [Redact] 31933697     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-05): (Rate Lock) NOTE DELIVERED [Redact] PER [Redact] [Redact]


Seller Comment (2024-11-05): (Rate Lock) NOTE TO BE DELIVERED TODAY PER [Redact] [Redact]
 11/07/2024     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
222231283 [Redact] [Redact] [Redact] 32044860     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.             11/04/2024 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
222231283 [Redact] [Redact] [Redact] 32044889     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.             11/04/2024 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
222231283 [Redact] [Redact] [Redact] 32048051     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 (2024-11-04): Sufficient Cure Provided At Closing
   11/04/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure B B B B B B A A Non QM Non QM Yes
222231574 [Redact] [Redact] [Redact] 31934095     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-17): (Rate Lock) [Redact]
 12/19/2024     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 Exempt from ATR Exempt from ATR No
222231574 [Redact] [Redact] [Redact] 32149496     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 5.00000% 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 (2024-11-15): Client elected to waive the condition on the Non-QM 1st lien
     11/15/2024 2 B B B B B B B B B B   [Redact] Investment 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 Exempt from ATR Exempt from ATR Yes
222232715 [Redact] [Redact] [Redact] 31938730     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-13): Please see [Redact] Tracking [Redact] - delivered today.
 11/15/2024     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
222232715 [Redact] [Redact] [Redact] 32085460     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]             11/11/2024 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
222232715 [Redact] [Redact] [Redact] 32085510     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Rider - Prepayment not provided   The file was missing a copy of the Rider - Prepayment Rider.       Reviewer Comment (2024-11-12): Received Prepayment Rider. Exception Cleared.


Seller Comment (2024-11-11): Rider
 11/12/2024     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
222232715 [Redact] [Redact] [Redact] 32087151     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The file is missing Prepayment Penalty Addendum to the Note.       Reviewer Comment (2024-11-12): Received Prepayment Note Addendum. Exception Cleared.


Seller Comment (2024-11-11): PPP Note Addend
 11/12/2024     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 Yes
222232715 [Redact] [Redact] [Redact] 32087187     Compliance Note General Note Prepayment Penalty Discrepancy           Reviewer Comment (2024-11-12): Received Prepayment Rider. Exception Cleared.


Seller Comment (2024-11-11): Please see PPP Note Addend and Rider, uploaded today.
 11/12/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   C B C B B B A A Exempt from ATR Exempt from ATR No
222232715 [Redact] [Redact] [Redact] 32087233     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - The file is missing two consecutive months statements for the [Redact] account xx[Redact].  The file only contains a statement from [Redact]-[Redact].  Per the guidelines, statements must cover a 60 day period.       Reviewer Comment (2024-11-15): Received Bank statement. Exception Cleared.


Seller Comment (2024-11-14): Sept stmt
 11/15/2024     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
222232715 [Redact] [Redact] [Redact] 32088973     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 5.00000% 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 (2024-11-19): Client elected to waive the condition on the Non-QM 1st lien


Seller Comment (2024-11-19): Rebuttal
     11/19/2024 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 B B B A A Exempt from ATR Exempt from ATR Yes
222238523 [Redact] [Redact] [Redact] 31940553     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-05): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222238541 [Redact] [Redact]   31940755     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided           Reviewer Comment (2024-09-20): Received HOI Policy exception cleared


Buyer Comment (2024-09-18): HOI
 09/20/2024     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
222238541 [Redact] [Redact]   31940756     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 (2024-09-23): Acknowledged non material


Buyer Comment (2024-09-23): LOE
     09/23/2024 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
222238541 [Redact] [Redact]   31940757     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 (2024-09-23): Acknowledged non material


Buyer Comment (2024-09-23): LOE
     09/23/2024 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
222238542 [Redact] [Redact]   31940759     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. The Right to Receive Copy of Appraisal Disclosure was provided at closing.       Buyer Comment (2024-09-23): Acknowledged as non-material.


Buyer Comment (2024-09-23): LOE
     09/23/2024 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
222238542 [Redact] [Redact]   31940760     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided           Reviewer Comment (2024-09-20): Hazard Insurance policy received. Exception cleared


Buyer Comment (2024-09-18): Insurance Declaration page uploaded.
 09/20/2024     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
222238542 [Redact] [Redact]   31940761     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 required for the subject property as appraisal report reflects occupancy is Tenant Occupied.       Reviewer Comment (2024-09-26): Short term Rental income used for qualification. 12 Month [Redact] and [Redact] income statement provided for qualification using total Income *80% (20%Expense Factor). LTV Limit 75% less 5% Short term rental reduction. Exception Cleared


Buyer Comment (2024-09-24): Per Lender: Lease agreements are not collected on STRs. Please advise how we may clear this condition.


Reviewer Comment (2024-09-20): Kindly Provided Lender Calculation as provided most recent 12 Months [Redact] Report from [Redact] to [Redact] for property [Redact] showing Gross annual amount of [Redact] which leads monthly amount of [Redact] where lender commented Monthly average of [Redact] Exception remains


Buyer Comment (2024-09-18): Per Lender : The 1007 Rent Schedule from appraisal is for long-term leases and comps to other LTRs in the immediate area. Since the loan was underwritten as a STR, then we need to utilize an STR data source. There is no long-term lease agreement to provide. Thank you.
 09/26/2024     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
222238542 [Redact] [Redact]   31940763     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   The DSCR on the Loan Term Summary is 1.44%. Minimum DSCR is .80%.       Reviewer Comment (2024-09-26): Short term Rental income used for qualification. 12 Month [Redact] and [Redact] income statement provided for qualification using total Income *80% (20%Expense Factor). LTV Limit 75% less 5% Short term rental reduction. Exception Cleared


Buyer Comment (2024-09-24): Per Lender: Please use the attached [Redact] payout statements in the STR calculation. [Redact] from [Redact] reports, [Redact] thru [Redact] [Redact] [Redact] income = [Redact]. DSCR = [[Redact] / 12] x 0.80 = [Redact] / [Redact] = 1.43 (just about the 1.44 represented in tape). Please let us know if you need anything else. Thanks!


Reviewer Comment (2024-09-20): Kindly Provided Lender Calculation as provided most recent 12 Months [Redact] Report from [Redact] to [Redact] for property [Redact] showing Gross annual amount of [Redact] which leads monthly amount of [Redact] where lender commented Monthly average of [Redact] Exception remains


Buyer Comment (2024-09-18): Per Lender: Per ABL DSCR Guides [Redact], rental income may be determined by a third-party report such as [Redact]. The 1007 Rent Schedule from the appraisal was not utilized to calculate DSCR in this case. See p. 14-15 of the internal ABL DSCR guides for further STR requirements. [Redact] reports are attached. Calc: [Redact] avg [Redact] monthly rental income x 80% = [Redact]. DSCR = [Redact] / [Redact] = 1.436 or 1.44
 09/26/2024     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
222238545 [Redact] [Redact]   31940772     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 (2024-09-25): Acknowledged as non-material.


Buyer Comment (2024-09-25): LOE
     09/25/2024 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
222238545 [Redact] [Redact]   31940773     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 (2024-09-23): Acknowledged as non-material.


Buyer Comment (2024-09-23): LOE
     09/23/2024 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
222238545 [Redact] [Redact]   31940774     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. Closing Statement is not signed or stamped.       Reviewer Comment (2024-09-26): Received Corrected and Signed HUD-1. Exception Cleared


Buyer Comment (2024-09-24): Settlement statement
 09/26/2024     1 B A B A B A B A B A   [Redact] Investment Purchase   B B A A B B A A   N/A No
222238545 [Redact] [Redact]   31940775     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.         Buyer Comment (2024-09-18): Acknowledged non material
     09/18/2024 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
222238545 [Redact] [Redact]   31940776     Compliance Compliance State Compliance State Late Charge [Redact] Late Charge Percent and Amount Testing [Redact] Late Charge: Note late charge of 10.00000% exceeds state maximum of 5% or [Redact], whichever is greater.         Buyer Comment (2024-09-18): Acknowledged non  material
     09/18/2024 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
222238545 [Redact] [Redact]   31940777     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 (2024-09-18): Acknowledged non material
     09/18/2024 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
222238548 [Redact] [Redact]   31940810     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided Address: [Redact]         Reviewer Comment (2024-09-25): received HOI policy of all three properties. exception cleared.


Buyer Comment (2024-09-24): HOI contains dwelling certification for all three properties: [Redact], [Redact], and [Redact].
 09/25/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940811     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided Address: [Redact]         Reviewer Comment (2024-09-25): received HOI policy of all three properties. exception cleared.


Buyer Comment (2024-09-24): HOI contains dwelling certification for all three properties: [Redact], [Redact], and [Redact].
 09/25/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940812     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided Address: [Redact]         Reviewer Comment (2024-09-26): Received Tax Cert. cleared


Buyer Comment (2024-09-25): Tax Cert
 09/26/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940813     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided Address: [Redact]         Reviewer Comment (2024-09-25): received HOI policy of all three properties. exception cleared.


Buyer Comment (2024-09-24): HOI contains dwelling certification for all three properties: [Redact], [Redact], and [Redact].
 09/25/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940815     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 (2024-10-02): This exception was cleared by virtue of the appraisal inspection date on [Redact]. See other FEMA exception for the new disaster


Reviewer Comment (2024-09-26): Disaster Declaration Date was [Redact] however appraisal perform on [Redact] for  [Redact].  Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photo and the property must be re-inspected on or after [Redact] declared end date. Exception remains


Buyer Comment (2024-09-25): The FEMA disasters occurred in 2023 and the appraisals were performed in 2024. The properties are clearly in habitable condition by way of the appraisals. Inspection reports are only needed in instances of a FEMA disaster occurring AFTER the original appraisal. Please advise.


Reviewer Comment (2024-09-25): Require 442 or appraisal update. exception remains.
 10/02/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940816     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided Address: [Redact]         Reviewer Comment (2024-09-25): Received appraisal report. exception cleared.


Buyer Comment (2024-09-24): [Redact] - Uploaded Appraisal
 09/25/2024     1 D A D A D A D A D A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940817     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1 -         Reviewer Comment (2024-09-25): Received appraisal report & CDA exception cleared.


Buyer Comment (2024-09-24): Appraisal


Reviewer Comment (2024-09-24): The guidelines require an appraisal by a licensed and insured appraiser for each property securing a loan. CDAs provided.


Buyer Comment (2024-09-23): CDA for [Redact] & [Redact]
 09/25/2024     1 D A D A D A D A D A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940818     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided Address: [Redact]         Reviewer Comment (2024-09-25): Received appraisal report. exception cleared.


Buyer Comment (2024-09-24): [Redact] - Uploaded Appraisal
 09/25/2024     1 D A D A D A D A D A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940819     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.           Reviewer Comment (2024-09-26): Market rent updated per operating rent schedule for all properties. DSCR updated. exception cleared.


Buyer Comment (2024-09-25): Lender's comments: Please advise how you calculated 0.51. We used the "lower-of" in-place and market rents for every property in the blanket. [Redact] = [Redact]/mo, [Redact] = [Redact]/mo, and [Redact] = [Redact]/mo. Aggregate rent for DSCR calc = [Redact]. [Redact] / [Redact] PITIA = 1.46.
 09/26/2024     1 C A C A C A C A C A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222238548 [Redact] [Redact]   31940820     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. - New exception as a result of new document provided ] The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photo and the property must be re-inspected on or after [Redact] declared end date. Exception remains.       Reviewer Comment (2024-10-08): PDIs provided.


Buyer Comment (2024-10-08): Please see attached.


Reviewer Comment (2024-10-01): The President announced [Redact] that the storms from [Redact] are now eligible for disaster relief. This exception can be downgraded and then waived. [Redact] will need to give this direction.


Buyer Comment (2024-09-27): Please clarify the disaster date and the end date. Per the exception: the end date of [Redact] is before the disaster date of [Redact].


Reviewer Comment (2024-09-26): Disaster Declaration Date was [Redact] however appraisal perform on [Redact] for all 3 properties ( [Redact], [Redact] & [Redact] ).  Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photo and the property must be re-inspected on or after [Redact] declared end date. Exception remains


Buyer Comment (2024-09-25): The FEMA disasters occurred in 2023 and the appraisals were performed in 2024. The properties are clearly in habitable condition by way of the appraisals. Inspection reports are only needed in instances of a FEMA disaster occurring AFTER the original appraisal. Please advise.
 10/08/2024     1   A   A   A   A   A     Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
222239359 [Redact] [Redact] [Redact] 31941020     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222239367 [Redact] [Redact] [Redact] 31941062     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-22): (Rate Lock) [Redact]
 11/26/2024     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
222239367 [Redact] [Redact] [Redact] 32196301     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 (2024-11-21): Client elected to waive the condition on the Non-QM 1st lien
     11/21/2024 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
222239367 [Redact] [Redact] [Redact] 32232035     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 file is missing proof of the borrower's receipt of the updated appraisal with a report date of [Redact], at least three business days prior to closing.  Proof of receipt of the preliminary appraisal in file, but the borrower is required to receive all valuations used to qualify.             11/21/2024 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
222239367 [Redact] [Redact] [Redact] 32232036     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 file is missing proof of the borrower's receipt of the updated appraisal with a report date of [Redact], at least three business days prior to closing.  Proof of receipt of the preliminary appraisal in file, but the borrower is required to receive all valuations used to qualify.       Reviewer Comment (2024-12-16): Received proof of the borrower's receipt of the appraisal. Exception Cleared.


Seller Comment (2024-12-13): (Rate Lock) Appraisal email from [Redact]


Reviewer Comment (2024-12-09): Seller identified the condition as incurable.  Elevated to the client for review.


Seller Comment (2024-12-06): [Redact] - Per response from [Redact] - Ops - the updated appraisal report dated [Redact] - was not provided to the borrower at least three (3) business days prior to closing.  There was no change in value - only clerical revisions.  Exception is incurable per HPML timing requirements.
 12/16/2024     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
222239367 [Redact] [Redact] [Redact] 32232037     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. The file is missing proof of the borrower's receipt of the updated appraisal with a report date of [Redact], at least three business days prior to closing.  Proof of receipt of the preliminary appraisal in file, but the borrower is required to receive all valuations used to qualify.       Reviewer Comment (2024-12-16): Received proof of the borrower's receipt of the appraisal. Exception Cleared.


Seller Comment (2024-12-13): (Rate Lock) Appraisal email from [Redact]


Reviewer Comment (2024-12-09): Seller identified the condition as incurable.  Elevated to the client for review.


Seller Comment (2024-12-06): [Redact] - Per response from [Redact] - Ops - the updated appraisal report dated [Redact] - was not provided to the borrower at least three (3) business days prior to closing.  There was no change in value - only clerical revisions.  Exception is incurable per HPML timing requirements.
 12/16/2024     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
222242296 [Redact] [Redact] [Redact] 31941423     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): (Rate Lock) [Redact]
 11/18/2024     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
222242855 [Redact] [Redact] [Redact] 31942056     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-22): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/25/2024     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
222242858 [Redact] [Redact] [Redact] 31942093     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-07): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/13/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   D A A A A A D A Non QM Non QM No
222242858 [Redact] [Redact] [Redact] 32058765     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. Note: Per the guidelines, a Collateral Desktop Analysis report (CDA) from [Redact] is required.  The desk review is required regardless of the CU score.       Reviewer Comment (2024-11-08): Received CDA report. Exception Cleared.


Seller Comment (2024-11-07): (Rate Lock) CDA
 11/08/2024     1 D A D A D A D A D A   [Redact] Second Home Purchase   D A A A A A D A Non QM Non QM No
222242991 [Redact] [Redact] [Redact] 31942596     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-19): tracking [Redact]
 12/11/2024     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
222242991 [Redact] [Redact] [Redact] 32127895     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.             11/13/2024 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
222242991 [Redact] [Redact] [Redact] 32158293     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 (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-21): Please see allonge and tracking info
 12/11/2024     1   A   A   A   A   A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
222245059 [Redact] [Redact] [Redact] 31946204     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-11): (Rate Lock) Note tracking attached-thank you.
 12/11/2024     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
222245059 [Redact] [Redact] [Redact] 32333320     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.             12/09/2024 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
222245059 [Redact] [Redact] [Redact] 32333323     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 (2024-12-09): Sufficient Cure Provided At Closing
   12/09/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222245060 [Redact] [Redact] [Redact] 31946241     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): [Redact] Tracking number [Redact] DELIVERED
Friday
[Redact] at 8:39 AM
 12/11/2024     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
222245060 [Redact] [Redact] [Redact] 32234212     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 Investment). 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. The declarations section of the initial 1003 for borrowers 3 and 4 identified they would occupy the property as a primary residence.             11/21/2024 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
222245060 [Redact] [Redact] [Redact] 32248187     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 (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-29): Allonge
 12/11/2024     1   A   A   A   A   A   [Redact] Investment Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
222245065 [Redact] [Redact] [Redact] 31946353     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-07): Waived on Rate Lock: Collateral cleared by Custodian
 11/07/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222245065 [Redact] [Redact] [Redact] 32047526     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-11-08): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-07): cert of business purpose
 11/08/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222245594 [Redact] [Redact] [Redact] 31947319     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-06): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222245594 [Redact] [Redact] [Redact] 32295880     Credit Missing Document General Missing Document Missing Document: Vacation Rental Income Statement ([Redact], [Redact], etc.) not provided   Per the approval an [Redact] was used to approve the borrower, however it is missing in the file.       Reviewer Comment (2024-12-05): Received [Redact]. Exception Cleared.


Seller Comment (2024-12-05): [Redact] printout is attached.
 12/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222246531 [Redact] [Redact] [Redact] 31947770     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-20): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/21/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
222246531 [Redact] [Redact] [Redact] 32150160     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 [Redact]. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-15): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     11/15/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222247048 [Redact] [Redact] [Redact] 31948662     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-20): Internally transferred at [Redact] [Redact]
 11/20/2024     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
222247048 [Redact] [Redact] [Redact] 32157103     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.             11/18/2024 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
222247048 [Redact] [Redact] [Redact] 32158118     Credit Credit Credit Documentation Credit Insufficient Verification of Rental History.   The rental verification for the borrower's primary residence is insufficient and requires additional documentation.  The file contains a lease, copies of mortgage statements and bank statements verifying the payments made directly to the mortgage company for the owner's lien.  However, the lease is in the borrower's name, but the bank statements are in another party's name, verifying the payments were made.  The file does not contain documentation showing the relationship between the borrower and the other party or a lease amendment including the other party.       Reviewer Comment (2024-11-22): Upon further review, the rent payments were made from an account that is solely in the name of a non-borrower; however the main account is held jointly with the borrower and is acceptable to verify the rental history.


Seller Comment (2024-11-21): Payments were made from a joint account with the [Redact].   The investor may not have seen the borrower's name right below [Redact] name on the [Redact] Bank Statements


Reviewer Comment (2024-11-20): An additional copy of the LOE in the initial file was provided.  This does not clarify the fact that the proof of payments was made by a party other than the borrower.  Condition remains


Seller Comment (2024-11-19): LOX
 11/22/2024     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
222251178 [Redact] [Redact] [Redact] 31953425     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222251182 [Redact] [Redact] [Redact] 31953469     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 11/14/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D B D B     A A   N/A No
222251182 [Redact] [Redact] [Redact] 32067456     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement       Reviewer Comment (2024-11-08): Guaranty Agreement provided


Seller Comment (2024-11-08): Please see attached guarantor agreement.
 11/08/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
222251182 [Redact] [Redact] [Redact] 32068189     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Lender exception approval provided in loan for missing Certificate of Good Standing. Entity was recently formed and broker stated they were unable tp provide the certificate. Additionally, email from title also provided stating since business is newly formed and has not conducted any business, a certificate is not required. 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.

The qualifying DSCR on the loan is greater than the guideline minimum.		 Post close assets: 202949.73 All liquid 171 months reserves where 6 months is required

FICO: 761 where 700

DSCR 1.35 where 1.15 is required		 Originator Pre-Close,Aggregator,SitusAMC

SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator		 Reviewer Comment (2024-11-07): Client elected to waive the condition with the following Compensating Factors:
FICO: 761 where 700
Post close assets: [Redact] All liquid 171 months reserves where 6 months is required
DSCR 1.35 where 1.15 is required
     11/07/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
222251221 [Redact] [Redact] [Redact] 31953647     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian
 11/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 31954113     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-06): Waived on Rate Lock: Collateral cleared by Custodian
 12/06/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 32287082     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. -         Reviewer Comment (2024-12-03): Fraud Report provided


Seller Comment (2024-12-03): On Fraud Report uploaded to other condition
 12/03/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 32287084     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 (2024-12-03): Fraud Report provided


Seller Comment (2024-12-03): Fraud Report for all conditions
 12/03/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 32287161     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided           Reviewer Comment (2024-12-03): Fraud Report provided


Seller Comment (2024-12-03): On Fraud Report uploaded to other condition
 12/03/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 32287165     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 (2024-12-03): Fraud Report provided


Seller Comment (2024-12-03): On Fraud Report uploaded to other condition
 12/03/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251326 [Redact] [Redact] [Redact] 32287166     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided           Reviewer Comment (2024-12-03): Fraud Report provided


Seller Comment (2024-12-03): On Fraud Report uploaded to other condition
 12/03/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251338 [Redact] [Redact] [Redact] 31954290     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-03): Waived on Rate Lock: Collateral cleared by Custodian
 12/03/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222251338 [Redact] [Redact] [Redact] 32264984     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-12-09): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-06): Business Purpose Affidavit
 12/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222253485 [Redact] [Redact] [Redact] 31955559     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-11): Note Tracking - [Redact] #[Redact], original delivered [Redact].
 11/12/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065459     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             11/07/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065476     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. The loan is failing ATR due to only 22 months bank statements was used to calculate the co-borrower's income, there was 23 months provided in the file. per the approval 24 months Bank Statement loan.       Reviewer Comment (2024-11-19): Additional bank statement provided for co-borrower's income.


Seller Comment (2024-11-19): add'l stmnt upld
 11/19/2024     1 B A C A B A C A B A   [Redact] Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
222253485 [Redact] [Redact] [Redact] 32065487     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. The loan is failing ATR due to only 23 months bank statements provided in the file for the co-borrower's income.  The loan was submitted as qualifying with 24 months Bank Statements.       Reviewer Comment (2024-11-19): Additional bank statement provided for co-borrower's income.
 11/19/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065829     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. The loan is failing ATR due to only 23 months bank statements provided in the file for the co-borrower's income.  The loan was submitted as qualifying with 24 months Bank Statements.       Reviewer Comment (2024-11-19): Additional bank statement provided for co-borrower's income.


Seller Comment (2024-11-19): add'l stmnt upld to trl docs
 11/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065936     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ There are only 23 months bank statements provided in the file for the co-borrower's income.  The loan was submitted as qualifying with 24 months Bank Statements.  Provide the [Redact] or the [Redact] statement for review.       Reviewer Comment (2024-11-19): Additional bank statement provided for co-borrower's income.


Seller Comment (2024-11-19): add'l stmnt upld to trl docs
 11/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065967     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 (2024-11-19): Additional bank statement provided for co-borrower's income.


Seller Comment (2024-11-19): add'l stmnt upld to trl docs
 11/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32065991     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   There are only 23 months bank statements provided in the file for the co-borrower's income.  The loan was submitted as qualifying with 24 months Bank Statements.  Provide the [Redact] or the [Redact] statement for review.       Reviewer Comment (2024-11-19): Additional bank statement provided for co-borrower's income.


Seller Comment (2024-11-19): add'l stmnt upld to trl docs
 11/19/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222253485 [Redact] [Redact] [Redact] 32066263     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.             11/07/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
222255133 [Redact] [Redact] [Redact] 31961722     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-11): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/12/2024     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
222255133 [Redact] [Redact] [Redact] 32343705     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 (2024-12-12): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-11): Please see attached business purpose cert.
 12/12/2024     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
222255133 [Redact] [Redact] [Redact] 32345469     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   The borrower is short reserves after the cash to close.       Reviewer Comment (2024-12-16): POCB added in assets. Asset requirement met. Exception Cleared.


Seller Comment (2024-12-12): Please provide a full breakdown of your reserve calculation. We have calculated actual reserves as [Redact] total assets less [Redact] cash to close = [Redact] actual reserves vs minimum required reserves of 6 months * [Redact] PITIA = [Redact].
 12/16/2024     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
222255133 [Redact] [Redact] [Redact] 32345577     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require           Reviewer Comment (2024-12-16): POCB added in assets. Asset requirement met. Exception Cleared.


Seller Comment (2024-12-12): Please provide a full breakdown of your reserve calculation. We have calculated actual reserves as [Redact] total assets less [Redact] cash to close = [Redact] actual reserves vs minimum required reserves of 6 months * [Redact] PITIA = [Redact].
 12/16/2024     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
222255133 [Redact] [Redact] [Redact] 32345578     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.           Reviewer Comment (2024-12-16): POCB added in assets. Asset requirement met. Exception Cleared.


Seller Comment (2024-12-12): Please provide a full breakdown of your reserve calculation. We have calculated actual reserves as [Redact] total assets less [Redact] cash to close = [Redact] actual reserves vs minimum required reserves of 6 months * [Redact] PITIA = [Redact].
 12/16/2024     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
222256246 [Redact] [Redact] [Redact] 31963552     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-13): collateral was delivered [Redact] via [Redact] tracking [Redact]
 12/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222257997 [Redact] [Redact] [Redact] 31964341     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-09): (Rate Lock) Delivered [Redact] [Redact] [Redact]
 12/10/2024     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
222257997 [Redact] [Redact] [Redact] 32336519     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.           Reviewer Comment (2024-12-11): Updated dec page with updated effective date provided


Seller Comment (2024-12-10): (Rate Lock) Updated hazard
 12/11/2024     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
222259387 [Redact] [Redact]   31970505     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.       Reviewer Comment (2024-10-07): Initial Right to Receive Copy of Appraisal received. Exception Cleared


Buyer Comment (2024-10-04): Disclosure
 10/07/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B B A B B B A A   N/A No
222259387 [Redact] [Redact]   31970506     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 file was missing evidence the Right to Receive Appraisal Disclosure provided to borrower within 3 days of initial application.       Buyer Comment (2024-10-10): Acknowledged as non-material based on lender LOX.


Buyer Comment (2024-10-10): loe


Reviewer Comment (2024-10-07): As per the lender correspondence D0129 an appraisal was sent on [Redact]. Need a copy of Original Appraisal sent to the borrower. Exception Remains.


Buyer Comment (2024-10-04): Per lender: THis appraisal was transferred from another lender. Attached email chain with borrower included on emails to show that email was received
     10/10/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   B B A B B B A A   N/A No
222259387 [Redact] [Redact]   31970507     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: ___		   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%.

Property inspected post disaster but pre-FEMA declaration of disaster end date.		 Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-22): PDI Inspection date [Redact], no damage. The disaster end date has not been declared.


Buyer Comment (2024-10-22): Please see attached PDI.
     10/22/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   B B A B B B A A   N/A No
222259551 [Redact] [Redact] [Redact] 31971414     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian
 12/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222261015 [Redact] [Redact] [Redact] 31972549     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-09): [Redact]   shipping date [Redact]
 12/11/2024     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
222261015 [Redact] [Redact] [Redact] 32294728     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 (2024-12-16): List provided. Exception cleared.


Seller Comment (2024-12-12): org list


Seller Comment (2024-12-12): counseling list uploaded
 12/16/2024     1 B A B A B A B A B A   [Redact] Second Home Purchase   C A C A C A A A Non QM Non QM No
222261015 [Redact] [Redact] [Redact] 32294730     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Integrated Disclosure: Borrower not provided with list of service providers.       Reviewer Comment (2024-12-13): [Redact] received SSPL
 12/13/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase No Defined Cure C A C A C A A A Non QM Non QM No
222261015 [Redact] [Redact] [Redact] 32294744     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Loan File is missing Final 1003       Reviewer Comment (2024-12-18): Final 1003 provided


Seller Comment (2024-12-17): esign


Seller Comment (2024-12-17): 1003
 12/18/2024     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
222261015 [Redact] [Redact] [Redact] 32295143     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 (2024-12-13): [Redact] received SSPL


Seller Comment (2024-12-12): sspl


Reviewer Comment (2024-12-10): [Redact] received COC which is not a valid reason for the title fee to be increased. Kindly provide SSPL in order verify the title fees and we will re-evaluate the fees once we receive SSPL.


Seller Comment (2024-12-09): coc
 12/13/2024     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 A C A C A A A Non QM Non QM Yes
222261015 [Redact] [Redact] [Redact] 32295764     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Property type discrepancy. Appraisal property type of ___ does not match Guideline property type of ___. The appraisal identified the subject as a SFR Detached; however there was a PUD Rider attached to the Deed of Trust.  Provide a revised appraisal identifying the property as a PUD or a revised Deed of Trust removing the PUD Rider and proof that the DOT will be re-recorded without the rider.       Reviewer Comment (2024-12-20): Revised Deed of Trust removing the PUD Rider provided along with an Attestation from the lender that the DOT will be re-recorded.


Seller Comment (2024-12-20): corrective mtg w loi


Reviewer Comment (2024-12-18): If the property is not in a PUD, a revised Deed of Trust removing the PUD Rider from section F on page 2 is required along with an attestation that the DOT will be re-recorded without the PUD Rider.  Note: per the legal description on title, the subject is in a PUD; therefore a revised appraisal correcting the property type to PUD is required.


Seller Comment (2024-12-17): Please advise if AOC to remove the pud from title will be acceptable
 12/20/2024     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
222261015 [Redact] [Redact] [Redact] 32297813     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing documentation to verify the PITIA for the primary residence.  The credit report and supplement in file did not confirm taxes and insurance were included in the payment and there is no proof of HOA dues if any.       Reviewer Comment (2024-12-16): Received Mortgage Statement. Exception Cleared.


Seller Comment (2024-12-12): REO docs uploaded
 12/16/2024     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
222261058 [Redact] [Redact] [Redact] 31972597     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-22): Waived on Rate Lock: Collateral cleared by Custodian
 11/22/2024     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
222261058 [Redact] [Redact] [Redact] 32167914     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 file is missing proof of receipt of the updated appraisal with a report date of [Redact].  The appraisal is required to be received no less than three business days prior to closing.             11/20/2024 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
222261058 [Redact] [Redact] [Redact] 32167916     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 file is missing proof of receipt of the updated appraisal with a report date of [Redact].  The appraisal is required to be received no less than three business days prior to closing.       Reviewer Comment (2024-12-09): Proof of receipt of the updated appraisal was provided


Seller Comment (2024-12-06): Screenshot


Reviewer Comment (2024-11-26): Additional copy of the proof of appraisal delivery on [Redact] was provided.  This is earlier than the appraisal report date of [Redact].  Proof of receipt of the updated appraisal with a report date of [Redact] is required.  Condition is valid and remains open


Seller Comment (2024-11-22): ECOA
 12/09/2024     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
222261058 [Redact] [Redact] [Redact] 32167917     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. The file is missing proof of receipt of the updated appraisal with a report date of [Redact].  The appraisal is required to be received no less than three business days prior to closing.       Reviewer Comment (2024-12-09): Proof of receipt of the updated appraisal was provided


Reviewer Comment (2024-11-26): Additional copy of the proof of appraisal delivery on [Redact] was provided.  This is earlier than the appraisal report date of [Redact].  Proof of receipt of the updated appraisal with a report date of [Redact] is required.  Condition is valid and remains open


Seller Comment (2024-11-26): Please advise why submitted documentation not acceptable as evidences appraisal sent to borrower on [Redact]


Reviewer Comment (2024-11-26): Required proof of receipt of the updated appraisal with a report date of [Redact]. Exception Remains.


Seller Comment (2024-11-25): ECOA
 12/09/2024     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
222263374 [Redact] [Redact] [Redact] 31980059     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-19): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222264141 [Redact] [Redact] [Redact] 31982042     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-20): Waived on Rate Lock: Collateral cleared by Custodian
 11/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32156878     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   Background and fraud report was not provided in the file.       Reviewer Comment (2024-11-21): Received Fraud Report. Exception Cleared.


Seller Comment (2024-11-21): Fraud Report
 11/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32156883     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report was missing in the file.       Reviewer Comment (2024-11-21): Received Fraud Report. Exception Cleared.


Seller Comment (2024-11-21): Fraud Report
 11/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32156886     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC document was nor provided in the file.       Reviewer Comment (2024-11-21): Received Fraud Report. Exception Cleared.


Seller Comment (2024-11-21): Fraud Report
 11/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32156908     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.  A post-disaster inspection dated after the declaration end date of [Redact], verifying there was no damage, is required. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-18): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     11/18/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32156958     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud report was missing in the file.       Reviewer Comment (2024-11-21): Received Fraud Report. Exception Cleared.


Seller Comment (2024-11-21): Fraud Report
 11/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264141 [Redact] [Redact] [Redact] 32159412     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Per the 1003 and DSCR worksheet, the lender qualified with supplemental insurance of [Redact] per month; however the declaration page or policy for the supplemental insurance was not located in file.  Provide a copy of the dec page or policy.       Reviewer Comment (2024-11-28): Received updated 1008 and final 1003 removing supplemental insurance. Exception Cleared.


Seller Comment (2024-11-27): Supplemental insurance added in error. Insurance in question is flood policy paid by HOA. Updated 1003 attached
 11/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222264166 [Redact] [Redact] [Redact] 31982248     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian
 11/21/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222264255 [Redact] [Redact] [Redact] 31982674     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-05): (Rate Lock) [Redact]


Seller Comment (2024-12-03): (Rate Lock) docs requested by email
 12/09/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
222264255 [Redact] [Redact] [Redact] 32299203     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 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 (2024-12-09): [Redact] Received Corrected PCCD, LOE and Payment history.


Seller Comment (2024-12-06): (Rate Lock) pccd loe shipping label
   12/09/2024   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 C B C B A A Non QM Non QM Yes
222264255 [Redact] [Redact] [Redact] 32299211     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-Sign Consent Agreement       Reviewer Comment (2024-12-06): Intent to Proceed used as alternative document. Exception Cleared.


Seller Comment (2024-12-05): (Rate Lock) I am not seeing that this was needed? Please advise or clear
 12/06/2024     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
222264255 [Redact] [Redact] [Redact] 32299214     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-04): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     12/04/2024 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
222264255 [Redact] [Redact] [Redact] 32299231     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Loan Payoff Statement not provided   Loan File is missing Mortgage Payoff statement.       Reviewer Comment (2024-12-06): Received Mortgage Loan Payoff Statement. Exception Cleared.


Seller Comment (2024-12-05): (Rate Lock) payoff
 12/06/2024     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
222267069 [Redact] [Redact] [Redact] 31990018     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian
 12/04/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   C A A A C A A A Non QM Non QM No
222267069 [Redact] [Redact] [Redact] 32291911     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 (2024-12-05): [Redact] received [Redact] CD 3 business days prior to consummation.


Seller Comment (2024-12-04): (Rate Lock) Initial CD attached - thanks


Seller Comment (2024-12-04): (Rate Lock) Initial CD attached-thank you
 12/05/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase No Defined Cure C A A A C A A A Non QM Non QM No
222269149 [Redact] [Redact] [Redact] 31991188     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-12): (Rate Lock) Note internally transferred
 11/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
222269149 [Redact] [Redact] [Redact] 32067908     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-07): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     11/07/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222269813 [Redact] [Redact] [Redact] 31993382     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/20/2024     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
222269829 [Redact] [Redact] [Redact] 31993449     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-15): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222271265 [Redact] [Redact] [Redact] 31994153     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-03): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/04/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222271265 [Redact] [Redact] [Redact] 32290319     Credit Hazard Insurance Insufficient Coverage Hazard Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Policy coverage shortfall of [Redact]. Provide updated policy reflecting minimum coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current  coverage amount.       Reviewer Comment (2024-12-09): Received RCE. Exception Cleared.


Seller Comment (2024-12-09): rce
 12/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222273398 [Redact] [Redact] [Redact] 31998149     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian
 12/25/2024     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
222273824 [Redact] [Redact] [Redact] 31999096     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-21): Tracking #[Redact]
 11/21/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
222273824 [Redact] [Redact] [Redact] 32145436     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].  Provide a copy of the Final Title Policy or a supplement to the Title Commitment verifying title insurance of at least the loan amount.             11/15/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222273824 [Redact] [Redact] [Redact] 32145439     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 is located in a FEMA disaster area.  Provide a post-disaster inspection dated after the declaration date of [Redact], verifying there was no damage. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-15): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     11/15/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222274302 [Redact] [Redact] [Redact] 31999305     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-10): (Rate Lock) [Redact]
 12/11/2024     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
222274313 [Redact] [Redact] [Redact] 31999360     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-10): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222274313 [Redact] [Redact] [Redact] 32332361     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 DSCR as the amount on the final CD & 1008 is much higher on the title and tax certificate provided.       Reviewer Comment (2024-12-11): Received Tax Verification. Exception Cleared.


Seller Comment (2024-12-10): tax
 12/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222274320 [Redact] [Redact] [Redact] 31999417     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-04): (Rate Lock) This note was shipped out to yesterday, [Redact] for delivery today, [Redact]- [Redact] tracking #[Redact]
 12/06/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222274320 [Redact] [Redact] [Redact] 32293206     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.             12/03/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222274320 [Redact] [Redact] [Redact] 32293207     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.             12/03/2024 2 B B B B B B B B B B   [Redact] Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222274320 [Redact] [Redact] [Redact] 32293209     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 (2024-12-05): [Redact] received disclosure summary for initial CD.


Seller Comment (2024-12-04): (Rate Lock) See attached Loan Summary Report showing proof of delivery of initial CD.
 12/05/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
222274320 [Redact] [Redact] [Redact] 32293210     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. the Additional  Appraisal Fee wasn't disclosed to the borrower on the LE, however the final CD shows the fee as [Redact] There was a lender credit to cover the cost to cure.       Reviewer Comment (2024-12-03): Sufficient Cure Provided At Closing
   12/03/2024   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
222274320 [Redact] [Redact] [Redact] 32293213     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2024-12-04): Received E-Sign Consent Agreement. Exception Cleared.


Seller Comment (2024-12-04): (Rate Lock) See attached e-Sign Certificate
 12/04/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222274320 [Redact] [Redact] [Redact] 32293275     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2024-12-09): Received Approval. Exception Cleared.


Seller Comment (2024-12-09): (Rate Lock) Condo Approval attached
 12/09/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
222276739 [Redact] [Redact] [Redact] 32013841     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): Collateral is out for delivery via [Redact] tracking [Redact].
 12/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222280074 [Redact] [Redact] [Redact] 32015872     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): Collateral is out for delivery via [Redact] tracking [Redact].
 12/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222280074 [Redact] [Redact] [Redact] 32345231     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Per the Prelim title the tax site was unavailable, please provide a copy of the tax certificate used to calculate the DSCR.       Reviewer Comment (2024-12-16): Received Tax Cert. Exception Cleared.


Seller Comment (2024-12-12): Please see attached copy of tax assessment.
 12/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222283455 [Redact] [Redact] [Redact] 32016957     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-11): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/12/2024     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
222283666 [Redact] [Redact] [Redact] 32016980     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian
 12/11/2024     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
222286245 [Redact] [Redact] [Redact] 32022646     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-21): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-21): collateral delivered [Redact] via [Redact] tracking [Redact]
 11/21/2024     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
222287206 [Redact] [Redact] [Redact] 32023235     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-22): Tracking #[Redact]
 11/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222287206 [Redact] [Redact] [Redact] 32162169     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 (2024-11-21): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-11-20): business cert
 11/21/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222287898 [Redact] [Redact] [Redact] 32024080     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): (Rate Lock) [Redact]
 11/26/2024     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
222288232 [Redact] [Redact] [Redact] 32024432     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-10): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222288232 [Redact] [Redact] [Redact] 32325017     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   The preliminary title provided doesn't show the annual tax amount for the subject,please provide a copy of the tax certificate used to calculate the DSCR.       Reviewer Comment (2024-12-11): Received Tax Verification. Exception Cleared.


Seller Comment (2024-12-10): taxes
 12/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222288251 [Redact] [Redact] [Redact] 32024528     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-14): [Redact] Tracking #[Redact]
Thursday
[Redact] at 9:16 AM
 11/15/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222290211 [Redact] [Redact] [Redact] 32024926     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-04): Please see [Redact] Tracking #[Redact]  showing delivered today.
 12/11/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222290211 [Redact] [Redact] [Redact] 32287350     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2024-12-04): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-04): Business Purpose Cert
 12/04/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222290211 [Redact] [Redact] [Redact] 32287379     Credit Missing Document General Missing Document Missing Document: HELOC Agreement not provided   The file was missing a copy of HELOC agreement or source of fund.       Reviewer Comment (2024-12-04): HELOC approval present in file. Exception Cleared.


Seller Comment (2024-12-04): Please see D0300 pg 1
 12/04/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222290211 [Redact] [Redact] [Redact] 32316117     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 (2024-12-11): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-09): Allonge, delivered [Redact]
 12/11/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A     A A   N/A No
222290256 [Redact] [Redact] [Redact] 32025067     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian
 11/27/2024     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
222290878 [Redact] [Redact] [Redact] 32025562     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-27): Waived on Rate Lock: Collateral cleared by Custodian
 11/27/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222291996 [Redact] [Redact]   32029751     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 (2024-08-30): Received and associated fraud report. Exception cleared.


Buyer Comment (2024-08-29): Full Fraud report


Reviewer Comment (2024-08-28): Received Fraud Report document however fraud report vendor name is not provided.  please provide copy of fraud report with vendor name. Exception remains.


Buyer Comment (2024-08-27): Fraud report with OFAC
 08/30/2024     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
222291996 [Redact] [Redact]   32029752     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   The file was missing a copy of the Background Check.       Reviewer Comment (2024-08-30): Received and associated fraud report. Exception cleared.


Buyer Comment (2024-08-29): Full Fraud report uploaded to [Redact].


Reviewer Comment (2024-08-28): Received Fraud Report document however fraud report vendor name is not provided.  please provide copy of fraud report with vendor name. Exception remains.


Buyer Comment (2024-08-27): Uploaded to [Redact]. Fraud and OFAC.
 08/30/2024     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
222291996 [Redact] [Redact]   32029756     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require 12 month rental payment history for month to month leases.  LOE in file states the tenants are on a month to month lease.       Reviewer Comment (2024-09-16): LOE provided states no tenant, exception cleared.


Buyer Comment (2024-09-16): Please see attached LOE


Reviewer Comment (2024-09-06): Please provide monthly payment history for 2 months ot a lender exception that no rental payment history is required.


Buyer Comment (2024-08-28): Per title borrower bought home [Redact]. 12 months rent not available.
 09/16/2024     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
222291998 [Redact] [Redact]   32029764     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.           Reviewer Comment (2024-09-22): Received and associated property inspection report. Exception cleared.


Buyer Comment (2024-09-20): Inspection report showing no damage.
 09/22/2024     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
222292000 [Redact] [Redact]   32029768     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Copy of Operating Agreement is not available in file.       Reviewer Comment (2024-09-19): Received and associated Operating Agreement document for [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC documents
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029769     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 (2024-09-19): Received and associated Business Purpose Certificate. Exception cleared.


Buyer Comment (2024-09-18): See business purpose certificate attached
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029770     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Copy of Articles of Organization/Formation is not available in file.       Reviewer Comment (2024-09-19): Received and associated Articles of Organization/ Formation document for [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC documents
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029771     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Copy of Certificate of Good Standing is not available in file.       Reviewer Comment (2024-09-19): Received and associated Certificate of Good Standing document for [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029772     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Copy of Corporate Resolution is not available in file.       Reviewer Comment (2024-09-19): Received and associated Corporate Resolution document for [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029773     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Copy of Employer Identification Number (EIN) is not available in file.       Reviewer Comment (2024-09-19): Received and associated Employer Authorization document. Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292000 [Redact] [Redact]   32029774     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Missing business purpose certificate in file.       Reviewer Comment (2024-09-19): Received and associated Business Purpose Certificate. Exception cleared.


Buyer Comment (2024-09-18): See docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222292002 [Redact] [Redact]   32029779     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 (2024-09-19): Received secondary valuation CDA with value [Redact]. Exception Cleared.


Buyer Comment (2024-09-18): See CDA
 09/19/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292002 [Redact] [Redact]   32029780     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 (2024-09-10): Received and associated Business Purpose Certificate. Exception cleared.


Buyer Comment (2024-09-09): See occ cert and cash out letter
 09/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292002 [Redact] [Redact]   32029781     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   The file was missing a copy of the Cash- Out Utilization.       Reviewer Comment (2024-09-10): Received and associated Cash-Out Utilization letter. Exception cleared.


Buyer Comment (2024-09-09): See occ cert and cash out letter
 09/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029783     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file is missing a copy of articles of organization.       Reviewer Comment (2024-09-17): Received and associated Articles of Organization/Formation for [Redact]. Exception cleared.


Buyer Comment (2024-09-16): Please see LLC docs for ALL conditions pending.
 09/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029784     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file is missing a copy of business purpose certificate.       Reviewer Comment (2024-09-22): Received and associated Business Purpose Certificate. Exception cleared.


Buyer Comment (2024-09-19): Please see occ cert and cash out letter


Reviewer Comment (2024-09-19): Please Provide Business Purpose Certificate document. Exception remains.


Buyer Comment (2024-09-18): See LLC docs
 09/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029785     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   The file is missing a copy of cash-out utilization.       Reviewer Comment (2024-09-22): Received and associated Cash-Out Utilization. Exception cleared.


Buyer Comment (2024-09-19): Please see occ cert and cash out letter


Reviewer Comment (2024-09-19): Please Provide Cash-Out Utilization document. Exception remains.


Buyer Comment (2024-09-18): See LLC docs
 09/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029786     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The file is missing a copy of certificate of good standing.       Reviewer Comment (2024-09-19): Received and associated Certificate of Good Standing document for For [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029787     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   The file is missing a copy of employer identification number.       Reviewer Comment (2024-09-19): Received and associated Employer Authorization document. Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029788     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The file is missing a copy of operating agreement.       Reviewer Comment (2024-09-19): Received and associated Operating Agreement document for For [Redact].  Exception cleared.


Buyer Comment (2024-09-18): See LLC docs
 09/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292004 [Redact] [Redact]   32029789     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 (2024-09-17): Received secondary valuation CDA with value [Redact]. Exception Cleared.


Buyer Comment (2024-09-16): See CDA
 09/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222292014 [Redact] [Redact]   32029813     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception is given for vesting in a layered entity is approved. 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.		 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.		 Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2024-09-24): The client elects to waive with comp factors.
     09/24/2024 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
222292030 [Redact] [Redact]   32029834     Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception for FTI on a cash out refi, and house listed in last 6 months. 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.		 108 months reserves.

Fico is 107 points above guideline minimum.		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-10-02): Lender exception in file.
     10/02/2024 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
222292039 [Redact] [Redact]   32029879     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2024-09-09): Received and associated fraud report. Exception cleared.


Buyer Comment (2024-09-09): Fraud report


Buyer Comment (2024-09-09): Attached
 09/09/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C A C A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222292039 [Redact] [Redact]   32029880     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2024-09-09): Received and associated Title Final reflecting title policy amount [Redact]. Exception cleared.


Buyer Comment (2024-09-09): Final title policy


Buyer Comment (2024-09-09): attached
 09/09/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C A C A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222292039 [Redact] [Redact]   32029881     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 business days prior to consummation.       Reviewer Comment (2024-09-19): Initial appraisal provided, no change in value, evidence of receipt provided, exception cleared.


Buyer Comment (2024-09-18): Appraisal with signature date of [Redact].


Reviewer Comment (2024-09-16): The appraisal is dated [Redact], appraisal sent to borrower on [Redact], exception remains.


Buyer Comment (2024-09-12): Appraisal delivery
 09/19/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other   C A C A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222292054 [Redact] [Redact]   32029946     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A secondary valuation was not provided.       Reviewer Comment (2024-09-23): Received secondary valuation CDA with value [Redact]. Exception Cleared.


Buyer Comment (2024-09-23): See CDA
 09/23/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A A A A A D A Non QM Non QM No
222301070 [Redact] [Redact] [Redact] 32035227     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-03): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/04/2024     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
222301070 [Redact] [Redact] [Redact] 32279861     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.             11/29/2024 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
222301070 [Redact] [Redact] [Redact] 32279929     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Loan File is missing mortgage statement for the property"[Redact]"       Reviewer Comment (2024-12-02): Received mortgage statement. Exception Cleared.


Seller Comment (2024-12-02): (Rate Lock) Mortgage Statement - [Redact]
 12/02/2024     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
222301197 [Redact] [Redact]   32035325     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Divorce Decree / Child Support not provided   Require Divorce Decree/Seperation Agreement to verify Child Support obligation paid by borrower.       Reviewer Comment (2024-10-17): The lender voluntarily included a payment. No court documents present as borrower voluntarily paying. No further documentation is required .


Reviewer Comment (2024-10-02): [Redact]

Lender risk analysis must include all liabilities that affect borrower's ability to repay which includes child support/alimony.

"For each liability, the lender must determine the unpaid balance, the terms of repayment, and the borrower's payment history, and verify any other liability that is not shown on a credit report by obtaining documentation from the borrower or creditor. "

Borrower signed attestation (LOX) is noted. I think having the wife signature which would essentially ratify this obligation ( none court ordered agreement ) the two parties have and should suffice in clearing the condition as it was already included in the ratios.


Buyer Comment (2024-10-02): Good morning. As per the LOE from Borrower the Borrower is still legally married and voluntarily paying [Redact] per month in family support. As per the guidelines (page 29) only payments where the borrower is legally required to pay must be included in  the DTI. Also, [Redact] does not require a written agreement or separation agreement is not required to be legally separated.


Reviewer Comment (2024-09-30): Hi [Redact], I read the LOE Borrower stating that He is still married.
however he mutually agreed to live apart. and he voluntarily agreed to pay his wife [Redact]/months in family support. as per guidelines  payment made by borrower to his wife becomes obligation and has to be hit into DTI also both Husband and Wife living apart. so to document this payment we required any legal document like separation agreement, state specific legal order etc to support the obligation. exception remains.


Buyer Comment (2024-09-27): Lender's response: Did you read the lox? It is a mutual agreement. Do you want the child support removed?


Reviewer Comment (2024-09-24): Received LOX but UW has used [Redact] to verify [Redact] payment is required. exception remains.


Buyer Comment (2024-09-23): lox
 10/17/2024     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
222301197 [Redact] [Redact]   32035327     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Require CPA letter for borrower [Redact] business [Redact] to verify ownership status. Business narrative not provided.       Reviewer Comment (2024-10-18): Received CPA email confirm borrower is 100% owner. exception cleared.


Buyer Comment (2024-10-17): CPA Email


Reviewer Comment (2024-10-02): Articles of Organization does not shows the Ownership in Business it  listed register agent name only. Require operating agreement or third party document confirming ownership. Exception Remains


Buyer Comment (2024-09-30): AOO


Reviewer Comment (2024-09-24): Received SOS regulatory search. however as per guide borrower ownership percentage must be verified via a CPA/Tax Preparer, Operating Agreement or equivalent. exception remains.


Buyer Comment (2024-09-23): Docs
 10/18/2024     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
222301197 [Redact] [Redact]   32035328     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: ___		   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 guideline required amount by the equivalent of 4 months PITIA or more.

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.

Property inspected post disaster but pre-FEMA declaration of disaster end date.		 Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-22): PDI Inspection date [Redact], no damage. The disaster end date has not been declared.


Buyer Comment (2024-10-22): PDI
     10/22/2024 2   B   B   B   B   B   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222303541 [Redact] [Redact] [Redact] 32036228     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): Per [Redact] tracking [Redact], the collateral was delivered on [Redact] at 9:25 AM.
 12/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222303541 [Redact] [Redact] [Redact] 32433552     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 (2024-12-20): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-18): Please see attached Guaranty Agreement.
 12/20/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222303821 [Redact] [Redact] [Redact] 32036391     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-03): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/04/2024     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
222303821 [Redact] [Redact] [Redact] 32281692     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 .             11/29/2024 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
222303829 [Redact] [Redact] [Redact] 32036425     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian
 12/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222305517 [Redact] [Redact] [Redact] 32041356     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-22): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 11/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222306276 [Redact] [Redact] [Redact] 32042223     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): Collateral is out for delivery via [Redact] tracking [Redact].
 12/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222306331 [Redact] [Redact] [Redact] 32042360     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-23): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-20): [Redact]
 12/23/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222306476 [Redact] [Redact] [Redact] 32042423     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-16): (Rate Lock) reuploading bailee


Seller Comment (2024-12-16): (Rate Lock) [Redact]
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222307791 [Redact] [Redact] [Redact] 32048415     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/13/2024     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
222309188 [Redact] [Redact] [Redact] 32050734     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-15): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-14): Note Tracking [Redact]
 11/15/2024     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
222309188 [Redact] [Redact] [Redact] 32085548     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 latest dated appraisal inspection date is [Redact]. There was a FEMA disaster dated [Redact]. Need a post-disaster inspection form indicating no damage to the subject property and must be dated after the disaster declaration. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-11-11): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     11/11/2024 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
222309188 [Redact] [Redact] [Redact] 32085555     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.               11/11/2024 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
222309188 [Redact] [Redact] [Redact] 32085556     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 5.00000% 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 (2024-11-11): Client elected to waive the condition on the Non-QM 1st lien
     11/11/2024 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
222309188 [Redact] [Redact] [Redact] 32087471     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The file is missing a copy of the Prepayment Penalty Addendum to the Note       Reviewer Comment (2024-11-12): PPP addendum to the note provided


Seller Comment (2024-11-12): Prepay addendum
 11/12/2024     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 Yes
222310158 [Redact] [Redact] [Redact] 32054170     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian
 12/13/2024     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
222313463 [Redact] [Redact] [Redact] 32056730     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-06): (Rate Lock) [Redact]
 01/03/2025     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
222313463 [Redact] [Redact] [Redact] 32296729     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file was missing a copy Final 1003.       Reviewer Comment (2024-12-12): Received Final 1003. Exception Cleared.


Seller Comment (2024-12-11): Attached the Final 1003
 12/12/2024     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
222313463 [Redact] [Redact] [Redact] 32334695     Credit Collateral Missing/Incorrect Collateral Collateral report shows issues with Note.   Missing COPY OF NOTE RCVD       Buyer Comment (2025-01-03): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-11): Attached the Final Note
 01/03/2025     1   A   A   A   A   A   [Redact] Primary Purchase   C A C A A A A A Non QM Non QM No
222315200 [Redact] [Redact] [Redact] 32060784     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-16): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/16/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222315326 [Redact] [Redact] [Redact] 32061174     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-18): (Rate Lock) [Redact]
 11/19/2024     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
222315332 [Redact] [Redact] [Redact] 32061198     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222315332 [Redact] [Redact] [Redact] 32617361     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Only [Redact] of the [Redact] EMD was verified.  Provide a copy of the cancelled check, check #[Redact], for what appears to be the remaining [Redact] EMD.  Note: the bank statement in file for account xx[Redact], shows a cancelled check for this amount, but unable to confirm it was for the EMD.       Reviewer Comment (2025-01-22): Copy of cancelled EMD check provided.


Seller Comment (2025-01-22): Attached the Check for the remaining [Redact] EMD.
 01/22/2025     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
222315332 [Redact] [Redact] [Redact] 32617438     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 (2025-01-22): Cancelled check for EMD provided
 01/22/2025     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
222315332 [Redact] [Redact] [Redact] 32617441     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 General Ability to Repay       Reviewer Comment (2025-01-22): Cancelled check for EMD provided
 01/22/2025     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
222323550 [Redact] [Redact] [Redact] 32062713     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-04): Waived on Rate Lock: Collateral cleared by Custodian
 12/04/2024     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
222323570 [Redact] [Redact] [Redact] 32062786     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-22): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-21): Please see [Redact] Tracking #[Redact]  showing delivered this morning, thank you!
 11/22/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222331112 [Redact] [Redact] [Redact] 32069110     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-17): Collateral delivered on [Redact] via [Redact] tracking [Redact].
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222332251 [Redact] [Redact]   32069945     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Missing CPL       Reviewer Comment (2024-10-28): Received CPL. Exception cleared


Buyer Comment (2024-10-25): CPL
 10/28/2024     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
222332251 [Redact] [Redact]   32069946     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Earnest money deposit receipt was not provided.       Reviewer Comment (2024-10-28): Received EMD deposit receipt. exception cleared.


Buyer Comment (2024-10-25): EM
 10/28/2024     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
222332251 [Redact] [Redact]   32069947     Credit Credit Credit Documentation Credit Purchase contract date not provided.   Purchase contract is missing seller's signature.       Reviewer Comment (2024-10-23): Counter offer as signed and accepted.
 10/23/2024     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
222332253 [Redact] [Redact]   32069952     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Signed Business purpose Certificate is missing       Reviewer Comment (2024-10-24): Received Signed Business Purpose Certificate. exception cleared


Buyer Comment (2024-10-22): Business Purpose
 10/24/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222332253 [Redact] [Redact]   32069953     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: ___		 Post Disaster inspection report is missing 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.

Property inspected post disaster but pre-FEMA declaration of disaster end date.		 Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-10-22): PDI Inspection date [Redact], no damage. The disaster end date has not been declared.


Buyer Comment (2024-10-22): PDI
     10/22/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222332253 [Redact] [Redact]   32069954     Credit Credit Miscellaneous Guideline Credit Exception:   DSCR calculation worksheet is missing       Reviewer Comment (2024-10-29): DSCR Calculation received. Exception Cleared


Buyer Comment (2024-10-25): 1008


Reviewer Comment (2024-10-24): Received email stating they dont use DSCR calculation worksheet, however Guideline Require DSCR calculation Worksheet detailing how DSCR ratio Obtained. 1008 with DSCR ratio calculation will be acceptable. Exception Remains


Buyer Comment (2024-10-23): worksheet


Reviewer Comment (2024-10-22): DSCR calculation worksheet require as per guide. exception remains.


Buyer Comment (2024-10-21): Per Lender : We don't use DSCR worksheets. What is needed to clear this condition?
 10/29/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222335590 [Redact] [Redact] [Redact] 32075796     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-24): [Redact], scheduled to be delivered [Redact]
 12/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222336550 [Redact] [Redact] [Redact] 32076747     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-17): collateral delivered [Redact] via [Redact] [Redact]
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222336550 [Redact] [Redact] [Redact] 32373918     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 (2024-12-16): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-13): business purpose
 12/16/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222336717 [Redact] [Redact] [Redact] 32076822     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/20/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222336738 [Redact] [Redact] [Redact] 32076902     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     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
222343295 [Redact] [Redact] [Redact] 32093743     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-02): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-02): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/02/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222343295 [Redact] [Redact] [Redact] 32279080     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 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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-02): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.


Seller Comment (2024-12-02): Please see attached appraisal completed after the storm.
     12/02/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222346447 [Redact] [Redact] [Redact] 32094658     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-02): Waived on Rate Lock: Collateral cleared by Custodian
 12/02/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346447 [Redact] [Redact] [Redact] 32280163     Credit Guideline Guideline Issue Guideline Guidelines require two years of Tax Transcripts (1040) when 1040 personal tax returns were used to qualify. File contains fewer than two 1040 transcripts. - As per guideline, Tax transcripts for personal tax returns for the most recent 2 years are required when tax returns are used to document borrower's income       Reviewer Comment (2024-12-05): Received transcript and 1040. Exception Cleared.


Seller Comment (2024-12-05): 1040s & transcripts


Reviewer Comment (2024-12-02): Update: the file contained the 2021 1040's and the 2022 Tax Transcript.  The 2021 Tax Transcript and the 2022 1040's are required or the 2023 1040 and transcripts along with the 2022 1040's..
 12/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346447 [Redact] [Redact] [Redact] 32280564     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification was missing in file to verify insurance payment.       Reviewer Comment (2024-12-05): Received Insurance Verification. Exception Cleared.


Seller Comment (2024-12-05): ins tax no hoa
 12/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346447 [Redact] [Redact] [Redact] 32280588     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   Per guidelines : Required for loans on investment singlefamily properties. 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.

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: Post close assets: [Redact] 253 months reserves where 12 months is required (21X)

Client elect to waive with compensating factors: FICO: 813 where 660 is minimum

Client elect to waive with compensating factors: LTV: 38 where 70 is maximum		 Aggregator,SitusAMC

Aggregator,SitusAMC

SitusAMC,Aggregator		 Reviewer Comment (2024-12-23): Client elect to waive with compensating factors: Post close assets: [Redact] 253 months reserves where 12 months is required (21X), LTV: 38 where 70 is maximum and FICO: 813 where 660 is minimum.


Reviewer Comment (2024-12-11): As per [Redact] guideline, required for loans on investment single
family properties. Exception Remains.


Seller Comment (2024-12-10): u/w rebuttal


Reviewer Comment (2024-12-06): Per the guidelines, the 1007 is required for ALL investment loans, regardless of whether rental income is used or not.  Condition remains


Seller Comment (2024-12-06): hi, per u/w: The borrower was qualified with the full PITIA. This is the reason there was no rent schedule requested.
     12/23/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346447 [Redact] [Redact] [Redact] 32280594     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.               11/29/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346447 [Redact] [Redact] [Redact] 32291780     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Upon further review, the file is missing a copy of the complete 2022 personal tax returns (1040's) and the 2023 1040's and transcripts.  If 2023 was not filed, a copy of the 2023 extension is required.       Reviewer Comment (2024-12-05): Received transcript and 1040. Exception Cleared.


Seller Comment (2024-12-05): 1040s & transcripts
 12/05/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Rate/Term   C B C B B B A A Exempt from ATR Exempt from ATR No
222346466 [Redact] [Redact] [Redact] 32094748     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-23): Collateral delivered via [Redact] tracking number [Redact] on [Redact]
 12/24/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   B B B B     A A   N/A No
222346466 [Redact] [Redact] [Redact] 32429242     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.             12/18/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B B B     A A   N/A No
222356932 [Redact] [Redact] [Redact] 32127876     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): Collateral is out for delivery via [Redact] tracking [Redact].
 12/13/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222362194 [Redact] [Redact] [Redact] 32142812     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian
 12/20/2024     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
222362194 [Redact] [Redact] [Redact] 32366939     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 (2024-12-16): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-13): BPC
 12/16/2024     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
222362218 [Redact] [Redact] [Redact] 32142909     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-12): (Rate Lock) [Redact]
 12/13/2024     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
222362218 [Redact] [Redact] [Redact] 32339393     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. The Appraisal fee was disclosed to the borrower on the LE as [Redact], the final CD shows the appraisal fee as [Redact], however there was a lender credit of [Redact] to cover the cost to cure.       Reviewer Comment (2024-12-09): Sufficient Cure Provided At Closing
   12/09/2024   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
222365427 [Redact] [Redact] [Redact] 32144295     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-06): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/09/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222365427 [Redact] [Redact] [Redact] 32299166     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 as the amounts doesn't match the annual tax amount on the preliminary title provided.       Reviewer Comment (2024-12-09): Received Tax verification. Exception Cleared.


Seller Comment (2024-12-06): Please see attached tax documentation.
 12/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222365430 [Redact] [Redact] [Redact] 32144297     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-04): (Rate Lock) NOTE DELIVERY CONFIRMATION ATTACHED - DELIVERED [Redact] PER [Redact] [Redact]
 12/09/2024     1 A A A A A A A A A A   [Redact] Second Home Purchase   D B C A B B D A Non QM Non QM No
222365430 [Redact] [Redact] [Redact] 32293908     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 (2024-12-03): Sufficient Cure Provided At Closing
   12/03/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure D B C A B B D A Non QM Non QM Yes
222365430 [Redact] [Redact] [Redact] 32293909     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.         Reviewer Comment (2024-12-03): Sufficient Cure Provided At Closing
   12/03/2024   1 A A A A A A A A A A   [Redact] Second Home Purchase Final CD evidences Cure D B C A B B D A Non QM Non QM Yes
222365430 [Redact] [Redact] [Redact] 32293924     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 (2024-12-06): Received replacement cost estimate. Exception Cleared.


Seller Comment (2024-12-04): (Rate Lock) RCE INSURANCE
 12/06/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   D B C A B B D A Non QM Non QM No
222365430 [Redact] [Redact] [Redact] 32294191     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.  Per the guidelines, a Collateral Desktop Analysis report (CDA) from [Redact] is required.  The desk review is required regardless of the CU score.       Reviewer Comment (2024-12-06): Received CDA report. Exception Cleared.


Seller Comment (2024-12-04): (Rate Lock) CDA ATTACHED
 12/06/2024     1 D A D A D A D A D A   [Redact] Second Home Purchase   D B C A B B D A Non QM Non QM No
222365430 [Redact] [Redact] [Redact] 32296060     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.               12/03/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   D B C A B B D A Non QM Non QM No
222396169 [Redact] [Redact] [Redact] 32149910     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-11): (Rate Lock) Note internally transferred
 12/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222397792 [Redact] [Redact] [Redact] 32157509     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-09): (Rate Lock) [Redact]
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
222398147 [Redact] [Redact] [Redact] 32158015     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian
 12/09/2024     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
222398147 [Redact] [Redact] [Redact] 32322788     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Loan File is missing Lease Agreement and Mortgage Statement to verify the PITIA for the additional investment property.       Reviewer Comment (2024-12-11): Received Schedule E & Mortgage Statement. Exception Cleared.


Seller Comment (2024-12-10): mtg stmt including escrows, no hoa. u/w inc calc using sched e of tax returns
 12/11/2024     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
222398147 [Redact] [Redact] [Redact] 32322804     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   Loan File is missing  Form 1007 Rent Comparison schedule, as required by the guidelines, regardless of whether rental income was used to qualify.       Reviewer Comment (2024-12-16): Received Comparable Rent Schedule. Exception Cleared.


Seller Comment (2024-12-13): 1007


Reviewer Comment (2024-12-11): As per [Redact] guideline, 1007 required for loans on investment single family properties. Exception Remains.


Seller Comment (2024-12-10): u/w rebuttal
 12/16/2024     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
222398147 [Redact] [Redact] [Redact] 32325391     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   The file is missing the Final Settlement statement from the sale of REO.  The file only contained the Estimated Settlement Statement.       Reviewer Comment (2024-12-11): Received Final Closing Statement. Exception Cleared.


Seller Comment (2024-12-10): sale of [Redact]
 12/11/2024     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
222398147 [Redact] [Redact] [Redact] 32325430     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   The liquid assets verified for funds to close were insufficient. Note: the final 1003 qualified the borrower with assets from [Redact] accounts xx[Redact] and xx[Redact]; however the file only contained an aged statement dated [Redact].  Provide the most recent two months bank statements for these accounts.  Note: proof of the EMD was not documented in the file either.       Reviewer Comment (2024-12-11): Received EMD and 1031 Exchange proof. Exception Cleared.


Seller Comment (2024-12-10): the em came from 1031 exchange. only assets showing on 1003 are [Redact] (besides 1031 exchange). the old [Redact] stmt was in file to show taxes paid, we are not using any assets from [Redact] for the file
 12/11/2024     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
222416519 [Redact] [Redact] [Redact] 32166134     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/19/2024     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
222416519 [Redact] [Redact] [Redact] 32417602     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.             12/17/2024 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
222416561 [Redact] [Redact] [Redact] 32166160     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-17): Collateral delivered [Redact] via [Redact] [Redact]
 12/18/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222416561 [Redact] [Redact] [Redact] 32374169     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided           Reviewer Comment (2024-12-16): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-13): guaranty
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222428495 [Redact] [Redact] [Redact] 32190346     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): (Rate Lock) [Redact]
 11/26/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222430402 [Redact] [Redact] [Redact] 32190759     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): (Rate Lock) [Redact]
 11/26/2024     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
222430402 [Redact] [Redact] [Redact] 32240138     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.               11/22/2024 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
222433338 [Redact] [Redact] [Redact] 32191385     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-23): (Rate Lock) [Redact]
 12/25/2024     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
222433338 [Redact] [Redact] [Redact] 32449605     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.             12/19/2024 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
222433767 [Redact] [Redact] [Redact] 32192788     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-11-26): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-11-25): (Rate Lock) [Redact]
 11/26/2024     1 A A A A A A A A A A   [Redact] Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
222433767 [Redact] [Redact] [Redact] 32238687     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.               11/22/2024 2 B B B B B B B B B B   [Redact] Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
222433781 [Redact] [Redact] [Redact] 32192883     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-12): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-11): (Rate Lock) Note internally transferred
 12/12/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222435864 [Redact] [Redact] [Redact] 32193297     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/19/2024     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
222435864 [Redact] [Redact] [Redact] 32419655     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.             12/17/2024 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
222435870 [Redact] [Redact] [Redact] 32193303     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-06): (Rate Lock) [Redact]
 12/09/2024     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 Exempt from ATR Exempt from ATR No
222435870 [Redact] [Redact] [Redact] 32311518     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.             12/05/2024 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 Exempt from ATR Exempt from ATR No
222454533 [Redact] [Redact] [Redact] 32232763     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-16): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-14): (Rate Lock) [Redact]
 01/16/2025     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   B B B B     A A   N/A No
222454533 [Redact] [Redact] [Redact] 32628950     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 was an approved lender exception in the file for the DSCR being less than 1.00X 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.		 LTV of 32 where 70 is maximum.

Post close assets: [Redact] in stocks 88 months reserves where 9 months is required (9x)

FICO 752 where 700 is minimum		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

Aggregator,SitusAMC		 Reviewer Comment (2025-01-13): Client elected to waive the condition with the following Compensating Factors:
LTV of 32 where 70 is maximum.
FICO 752 where 700 is minimum
Post close assets: [Redact] in stocks 88 months reserves where 9 months is required (9x)
     01/13/2025 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
222454676 [Redact] [Redact] [Redact] 32233081     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-06): Collateral delivered [Redact] via [Redact] tracking #[Redact]
 01/07/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222454676 [Redact] [Redact] [Redact] 32551930     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 DSCR as the taxes on the 1008 is much higher than the title and final CD.       Reviewer Comment (2025-01-14): Taxes used as 1.5% of sales price. Exception Cleared.


Seller Comment (2025-01-13): per our UW: A conservative 1.5% estimate for taxes was used based on the purchase price, but that the actual annual projected taxes for the new construction home are lower at [Redact] annually.
 01/14/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222454687 [Redact] [Redact] [Redact] 32233101     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/20/2024     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
222458310 [Redact] [Redact] [Redact] 32241910     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/20/2024     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
222458310 [Redact] [Redact] [Redact] 32431479     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 (2024-12-20): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-18): Please see attached guarantor agreement.
 12/20/2024     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
222459893 [Redact] [Redact] [Redact] 32242614     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-03): (Rate Lock) [Redact]
 01/06/2025     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
222459893 [Redact] [Redact] [Redact] 32493336     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 5.00000% 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 (2024-12-26): Client elected to waive the condition
     12/26/2024 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. B B A A B B A A Exempt from ATR Exempt from ATR Yes
222460145 [Redact] [Redact] [Redact] 32248355     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-17): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-16): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/17/2024     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
222460145 [Redact] [Redact] [Redact] 32354968     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.             12/11/2024 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
222460145 [Redact] [Redact] [Redact] 32355112     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 (2024-12-16): Insurance Property contains Replacement Cost Loss Settlement coverage. Exception Cleared.


Seller Comment (2024-12-12): (Rate Lock) Hazard Info
 12/16/2024     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
222460145 [Redact] [Redact] [Redact] 32361192     Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception for minimum tradeline requirement. Client elects to waive with compensating factors. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower has verified disposable income of at least [Redact].		 FICO: 794 where 680 is required (114)

Residual income of [Redact] where [Redact] is required. (6X)		 SitusAMC,Aggregator

Aggregator,SitusAMC		 Reviewer Comment (2024-12-11): Client elected to waive the condition with the following Compensating Factors:
Post close assets: [Redact] where [Redact] is required. (3X)
FICO: 794 where 680 is required (114)
Residual income of [Redact] where [Redact] is required. (6X)
     12/11/2024 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
222461803 [Redact] [Redact] [Redact] 32252080     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/19/2024     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222461803 [Redact] [Redact] [Redact] 32438204     Credit Loan Eligibility Guideline Issue Loan Eligibility Housing history reflects lates that do not meet guidelines. - Housing history reflects a total of ___ reported late payments. Borrower has a 30 day late on their mortgage for the month of [Redact].  The lender approved this exception, however, the approval form is missing from the 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 reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

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 10 where the maximum is 45 (35 points)

Post close assets: [Redact] from departure residence sale 24 months reserves where 12 is required (2X)

LTV: 63 where the maximum is 80 (17 points))		 SitusAMC,Originator Pre-Close,Aggregator

SitusAMC

SitusAMC

SitusAMC

Aggregator,SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC		 Reviewer Comment (2024-12-18): Client elected to waive the condition with the following Compensating Factors:
DTI 10 where the maximum is 45 (35 points)
LTV: 63 where the maximum is 80 (17 points))
Post close assets: [Redact] from departure residence sale 24 months reserves where 12 is required (2X)
     12/18/2024 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
222461939 [Redact] [Redact] [Redact] 32253117     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): collateral delivered [Redact] via [Redact] tracking [Redact]
 12/19/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222461939 [Redact] [Redact] [Redact] 32427928     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. Note: the Note in file was signed by the guarantor on behalf of the LLC only; however there was another signature line that gives the impression the borrower was signing individually as well, but the signature line was not signed.       Reviewer Comment (2024-12-20): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2024-12-18): guaranty
 12/20/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222462043 [Redact] [Redact] [Redact] 32253767     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Tracking # [Redact]
 12/20/2024     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
222462043 [Redact] [Redact] [Redact] 32429425     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.             12/17/2024 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
222465942 [Redact] [Redact] [Redact] 32260205     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-18): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-16): (Rate Lock) [Redact]
 12/18/2024     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
222465942 [Redact] [Redact] [Redact] 32366232     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.             12/12/2024 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
222465942 [Redact] [Redact] [Redact] 32366233     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 5.00000% 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]). FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of 5.00000% 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 (2024-12-12): Client elected to waive the condition on the Non-QM 1st lien
     12/12/2024 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
222467449 [Redact] [Redact] [Redact] 32265298     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): (Rate Lock) Delivered [Redact] via [Redact] [Redact]
 12/19/2024     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
222467449 [Redact] [Redact] [Redact] 32417364     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. Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount.             12/17/2024 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
222467699 [Redact] [Redact] [Redact] 32266225     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-24): [Redact], scheduled to be delivered [Redact].
 12/25/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222470616 [Redact] [Redact]   32274905     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 disclosed as [Redact] on Initial LE and disclosed as [Redact]in Final LE. File does not contain a valid COC for this fee, evidence of cure not provided in the file.       Reviewer Comment (2024-10-28): [Redact] Received Corrected PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2024-10-25): LOE, PCCD, refund check and shipping label
   10/28/2024   2 C B C B C B C B C B   [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 B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222470616 [Redact] [Redact]   32274906     Credit Credit Miscellaneous Guideline Credit Exception:   Ineligible Property type: Subject property is a  [Redact]. The representative FICO score exceeds the guideline minimum by at least 40 points. 801 vs 700 SitusAMC,Aggregator Reviewer Comment (2024-10-15): Investor approved to waive with compensating factors. FICO: 801 where 700 is minimum. LTV: 53% where 80% is the maximum. Post Close Assets: [Redact], 69 months where 9 months is required.


Buyer Comment (2024-10-15): Please see attached exception from [Redact].
     10/15/2024 2   B   B   B   B   B   [Redact] Second Home Purchase   C B A B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222470618 [Redact] [Redact]   32274911     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. Provide the original appraisal. The delivery in file is dated [Redact].       Reviewer Comment (2024-11-04): Original Appraisal Report received. Exception cleared


Buyer Comment (2024-10-31): Original Appraisal report
 11/04/2024     1 B A B A B A B A B A   [Redact] Second Home Purchase   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222470619 [Redact] [Redact]   32274913     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification is missing for property located [Redact] and [Redact].       Reviewer Comment (2024-10-10): Received Property History report reflecting  [Redact] and [Redact]. as lot's only. Exception Cleared


Buyer Comment (2024-10-09): lots only
 10/10/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222470619 [Redact] [Redact]   32274916     Credit Credit Miscellaneous Guideline Credit Exception:   Purchase price as per Sale Contract addendum is [Redact] however Final CD reflects Purchase price as [Redact]. Buyer and seller signed Sales Contract addendum is missing with updated purchase price.       Reviewer Comment (2024-10-29): Received PCCD with correct sales price. Exception Cleared


Buyer Comment (2024-10-26): Lender's response: The Sales Price of Property [Redact] & Sales Price of Any Personal Property Included in the Sale [Redact] = the total purchase price [Redact]


Reviewer Comment (2024-10-24): On the PCCD, in the summaries of transaction, the sales price was not updated - it still reflects [Redact].


Reviewer Comment (2024-10-24): PCCD provided.


Buyer Comment (2024-10-23): PCCD
 10/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222470620 [Redact] [Redact]   32274917     Credit Credit Miscellaneous Guideline Credit Exception:   Require evidence of unverified escrow payment of [Redact] for REO "[Redact]" per application       Reviewer Comment (2024-10-30): Received Other payment clarification for [Redact] no further document require. Exception Cleared


Buyer Comment (2024-10-28): Per lender : rebuttal from fore REO


Reviewer Comment (2024-10-24): The application states the monthly insurance, taxes, and association dues as [Redact]. Using the documents provided the audit calculation is [Redact]. Insurance [Redact], Taxes [Redact] = [Redact]. [Redact] - [Redact] = [Redact]. Documentation or explanation can cure.
 10/30/2024     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
222470624 [Redact] [Redact]   32274923     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 Higher Priced QM (APOR). Loan is testing as HPQM. This may be re-designated upon request.       Reviewer Comment (2024-10-23): HPQM allowed.


Buyer Comment (2024-10-21): Please re-designate to HPQM
 10/23/2024     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 A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
222470624 [Redact] [Redact]   32274926     Credit Credit Miscellaneous Guideline Credit Exception:   [Redact] and [Redact] months primary housing mortgage payment are missing for the primary residence [Redact], need to verify paid within month due.       Reviewer Comment (2024-10-29): Received Credit Supplement report with latest payment. Exception Cleared


Buyer Comment (2024-10-28): Credit Supp
 10/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222470624 [Redact] [Redact]   32274927     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). HPQM allowed.       Buyer Comment (2024-10-28): Acknowledged non material EV2
     10/28/2024 2   A   B   B   B   A   [Redact] Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222470627 [Redact] [Redact]   32274936     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Available for Closing is insufficient to cover Cash From Borrower. No verification of secured borrower funds of [Redact]       Reviewer Comment (2024-11-06): Received Closing Statement with details of  funds used for closing subject property. Exception Cleared


Buyer Comment (2024-11-04): LOX & HUD


Reviewer Comment (2024-10-29): erroneously hit cleared


Reviewer Comment (2024-10-29): Received Closing Statement refi of Investment property. still short of funds for closing/reserve requirement. Secured Borrower Funds [Redact] used for closing/reserves but not documentation in file. provide complete paper trail for receipt and deposit of loan proceeds. exception remains.


Buyer Comment (2024-10-28): Final SS
 11/06/2024     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
222470627 [Redact] [Redact]   32274937     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   Calculated Available for Reserves of [Redact] is less than Guideline Available for Reserves of [Redact]. No verification of secured borrower funds of [Redact]       Reviewer Comment (2024-11-06): Received Closing Statement with details of  funds used for closing subject property. Exception Cleared


Buyer Comment (2024-11-04): HUD


Reviewer Comment (2024-10-29): Received Closing Statement refi of Investment property. still short of funds for closing/reserve requirement. Secured Borrower Funds [Redact] used for closing/reserves but not documentation in file. provide complete paper trail for receipt and deposit of loan proceeds. exception remains.


Buyer Comment (2024-10-28): Final SS
 11/06/2024     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
222470631 [Redact] [Redact]   32274948     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood Certification for the subject property "[Redact]" is missing in file       Reviewer Comment (2024-11-04): Flood cert provided.


Buyer Comment (2024-11-04): flood cert
 11/04/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
222470631 [Redact] [Redact]   32274949     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy for the subject property "[Redact]" is missing in file       Reviewer Comment (2024-11-04): HOI provided.


Buyer Comment (2024-11-04): hoi
 11/04/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
222470631 [Redact] [Redact]   32274955     Compliance Compliance State Compliance State HPML [Redact] Home Loan Threshold Fixed Non-Compliant [Redact] Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is in excess of allowable threshold of Prime Mortgage Market Rate [Redact] + 1.75%, or [Redact].  Non-Compliant SubPrime Loan. APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is in excess of allowable threshold of Prime Mortgage Market Rate [Redact] + 1.75%, or [Redact]. Non-Compliant SubPrime Loan.       Reviewer Comment (2024-11-04): Disclosure provided


Buyer Comment (2024-11-01): Please see uploaded [Redact] docs and disclosure
 11/04/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other (Limited Use Bona Fide Errors - Compliance and Client Approval Required)  With no time limit for which a cure may be made, 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) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier).  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 A B B A A Non QM Non QM Yes
222470631 [Redact] [Redact]   32274956     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) [Redact] Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.       Reviewer Comment (2024-11-04): Disclosure provided.


Buyer Comment (2024-11-01): [Redact] discosure and documents
 11/04/2024     1 B A B A B A B A B A   [Redact] Primary Refinance - Cash-out - Other No obvious cure C B C A B B A A Non QM Non QM No
222470631 [Redact] [Redact]   32274957     Compliance Compliance State Compliance State HPML [Redact] Home Loan Threshold Fixed Compliant [Redact] Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is in excess of allowable threshold of Prime Mortgage Market Rate [Redact] + 1.75%, or [Redact].  Compliant SubPrime Loan.         Buyer Comment (2024-11-04): Loan is compliant.
     11/04/2024 3   B   B   B   B   B   [Redact] Primary Refinance - Cash-out - Other (Limited Use Bona Fide Errors - Compliance and Client Approval Required)  With no time limit for which a cure may be made, 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) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier).  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 A B B A A Non QM Non QM Yes
222470632 [Redact] [Redact]   32274959     Credit Credit Miscellaneous Guideline Credit Exception:   Primary Residence [Redact]. is missing the [Redact] payment       Reviewer Comment (2024-11-04): Received [Redact] Payment Verification. Exception Cleared


Buyer Comment (2024-10-31): Pay History attached showing [Redact] payment
 11/04/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222470642 [Redact] [Redact]   32275002     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2024-10-29): Fraud Report received. Exception Cleared


Buyer Comment (2024-10-25): fraud report
 10/29/2024     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
222470642 [Redact] [Redact]   32275003     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Provide the two most recent statements for [Redact]. The [Redact] statement was provided.       Reviewer Comment (2024-11-04): Received  two most recent statements for [Redact]. Exception Cleared


Buyer Comment (2024-10-31): to cover 2 months most recent assets
 11/04/2024     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
222470642 [Redact] [Redact]   32275004     Credit Credit Miscellaneous Guideline Credit Exception:   A DSCR calculation worksheet detailing the DSCR calculation is required.       Reviewer Comment (2024-11-04): Received DSCR calculation. Exception Cleared


Buyer Comment (2024-11-01): Non QM Dscr Calc attached
 11/04/2024     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
222470643 [Redact] [Redact]   32275005     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Require Articles of Organization/Formation for "[Redact]"       Reviewer Comment (2024-10-23): Received Articles of Organization for [Redact]. Exception cleared


Buyer Comment (2024-10-21): Articles
 10/23/2024     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
222470643 [Redact] [Redact]   32275006     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Require Operating Agreement for "[Redact]"       Reviewer Comment (2024-10-23): Received .Operating agreement of [Redact]. Exception cleared


Buyer Comment (2024-10-21): Operation agreement
 10/23/2024     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
222470643 [Redact] [Redact]   32275008     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Require Certificate of Good Standing for "[Redact]"       Reviewer Comment (2024-10-23): Received Document: Certificate of Good Standing. Exception Cleared
 10/23/2024     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
222470643 [Redact] [Redact]   32275010     Credit Credit Miscellaneous Guideline Credit Exception:   Require DSCR Calculation Worksheet detailing the DSCR calculation as per guideline       Reviewer Comment (2024-11-06): Received DSCR Calculation Worksheet. Exception Cleared


Buyer Comment (2024-11-04): DSCR Calc
 11/06/2024     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
222470643 [Redact] [Redact]   32275012     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Missing Cash Flow Analysis/CPA Letter for [Redact] for Business funds account #[Redact]       Reviewer Comment (2024-11-06): Received CPA Letter for use of funds for business accounts. Exception Cleared


Buyer Comment (2024-11-04): CPA lox
 11/06/2024     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
222470643 [Redact] [Redact]   32275013     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Missing Cash Flow Analysis/CPA Letter for [Redact] for Business funds account #[Redact]       Reviewer Comment (2024-11-06): Received CPA Letter for use of funds for business accounts. Exception Cleared


Buyer Comment (2024-11-04): CPA LOX
 11/06/2024     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
222470643 [Redact] [Redact]   32275014     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Missing Cash Flow Analysis/CPA Letter for [Redact] business funds account #[Redact].       Reviewer Comment (2024-11-06): Received CPA Letter for use of funds for business accounts. Exception Cleared


Buyer Comment (2024-11-04): lox
 11/06/2024     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
222470644 [Redact] [Redact]   32275018     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing evidence of unfettered access to business assets from acct# [Redact] and [Redact].       Reviewer Comment (2024-11-06): Business assets are not needed to close. We can omit them from qualification. Cleared


Buyer Comment (2024-11-04): Per lender Hi Team, Is this letter necessary? Other statements provided evidence plenty of funds to complete this transaction. Clients POA is out of town, delaying us from getting a letter. If the letter is required, can you please advice as to why?
 11/06/2024     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
222470645 [Redact] [Redact]   32275019     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. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2024-10-31): Original appraisal provided.


Buyer Comment (2024-10-30): Original appraisal report
 10/31/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B A B A B A A A   N/A No
222470645 [Redact] [Redact]   32275021     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Title Policy Coverage is less than Original Loan Amount. Need an updated Title Insurance Policy Document. We have Schedule A in Title Insurance Policy Document with Policy amount reflecting as [Redact]       Reviewer Comment (2024-10-31): Final title provided.


Buyer Comment (2024-10-30): title


Reviewer Comment (2024-10-29): Received updated title report however Address is incomplete. [Redact] and [Redact] unit number is missing in address. Exception Remains (Original Title report showing complete address).


Buyer Comment (2024-10-25): Updated Title
 10/31/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B A B A B A A A   N/A No
222470645 [Redact] [Redact]   32275022     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2024-10-31): Final title provided.
 10/31/2024     1 A A A A A A A A A A   [Redact] Investment Refinance - Cash-out - Other   B A B A B A A A   N/A No
222470646 [Redact] [Redact]   32275024     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The 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 (2024-11-01): Received updated title Policy covering the loan amount. Exception cleared


Buyer Comment (2024-10-30): see attached
 11/01/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Cash-out - Other   B A B A A A A A   N/A No
222470647 [Redact] [Redact]   32275025     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing in file for all four borrowers.       Reviewer Comment (2024-11-06): Received fraud report. Exception Cleared


Buyer Comment (2024-11-06): Fraud
 11/06/2024     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
222470647 [Redact] [Redact]   32275028     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.       Reviewer Comment (2024-11-08): Right to Receive provided.


Buyer Comment (2024-11-08): D0675 has very similar language to an appraisal disclosure. Please see the section below.

1002.14(a)(2) only calls for "a notice in writing of the applicant's right to receive a copy of all written appraisals developed in connection with the application."

May we have this cleared?


Reviewer Comment (2024-11-08): Exception is for Right to Receive a copy of appraisal Disclosure not provided within 3 business days of application date. Provided (Doc ID D0675) is Appraisal Waiver form where borrower waive the timing requirement Appraisal delivery. We have used alternate document LE however it is not within 3 business of application date. Exception Remains


Buyer Comment (2024-11-06): D0765 is the Appraisal Notice dated [Redact] - this is what was uploaded on [Redact], not an LE. Please clear.


Reviewer Comment (2024-11-06): Application Date is [Redact] and Right to received copy of appraisal (LE) was sent on [Redact] which is not within 3 business days of application date. Exception Remains.


Buyer Comment (2024-11-04): Appraisal disclosure
 11/08/2024     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
222470648 [Redact] [Redact]   32275029     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report for all guarantors are missing       Reviewer Comment (2024-11-06): Received Fraud Report exception Cleared


Buyer Comment (2024-11-04): Fraud report
 11/06/2024     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
222470649 [Redact] [Redact]   32275032     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Complete Business Purpose Certificate is missing in file. (Doc ID 0429) has signature page of business purpose certificate.       Reviewer Comment (2024-11-05): Received  Business Purpose Certificate. Exception Cleared


Buyer Comment (2024-11-04): BPC
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A C A   N/A No
222470649 [Redact] [Redact]   32275034     Property Valuation Valuation Issue Valuation [Redact] program guidelines require a CDA (Desk Review)   Provide a CDA.       Reviewer Comment (2024-11-05): Received CDA. Exception Cleared


Buyer Comment (2024-11-04): CDA
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A A A C A   N/A No
222470650 [Redact] [Redact]   32275036     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report document is missing.       Reviewer Comment (2024-11-05): Received Fraud Report Exception cleared


Buyer Comment (2024-11-04): fraud
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
222470650 [Redact] [Redact]   32275037     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC document is missing.       Reviewer Comment (2024-11-05): Received Fraud Report with OFAC result pass. Exception Cleared


Buyer Comment (2024-11-04): fraud with ofac
 11/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
222470651 [Redact] [Redact]   32275039     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. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2024-11-07): Original appraisal provided.


Buyer Comment (2024-11-06): Original report
 11/07/2024     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
222470651 [Redact] [Redact]   32275040     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 secondary valuation provided timely prior to closing.       Reviewer Comment (2024-11-07): Delivery provided


Buyer Comment (2024-11-06): Appraisal delivery
 11/07/2024     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
222477011 [Redact] [Redact]   32290085     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 purposes.       Reviewer Comment (2024-12-08): Received CDA. Exception Cleared.


Seller Comment (2024-12-06): 2nd Val Uploaded
 12/08/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A A A     D A   N/A No
222477023 [Redact] [Redact]   32287465     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 purposes.       Reviewer Comment (2024-12-12): UCDP Provided. Exception Cleared.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
222477023 [Redact] [Redact]   32287553     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 that does not have a declared end date. Provide a post-disaster inspection dated after the declaration date of [Redact]. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-02): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     12/02/2024 2 C B C B C B C B C B   [Redact] Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
222477025 [Redact] [Redact]   32290149     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 (2024-12-12): UCDP Provided. Exception Cleared.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477025 [Redact] [Redact]   32290182     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing required document for [Redact]. Provided business entity listing is not dated.       Reviewer Comment (2024-12-10): Received Certificate of Good Standing. Exception Cleared.


Seller Comment (2024-12-09): Uploaded COGS with date
 12/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477029 [Redact] [Redact]   32290030     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 (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477031 [Redact] [Redact]   32289981     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 purposes.       Reviewer Comment (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477032 [Redact] [Redact]   32295791     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 (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477035 [Redact] [Redact]   32294848     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 purposes.       Reviewer Comment (2024-12-12): UCDP Provided. Exception Cleared.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
222477035 [Redact] [Redact]   32294853     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 that does not have a declared end date. Provide a post-disaster inspection dated after the declaration date of [Redact]. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-03): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     12/03/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
222477035 [Redact] [Redact]   32294873     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Corporate Resolution is missing in the file.       Reviewer Comment (2024-12-10): Bylaws used as an alternative document. Exception Cleared.


Seller Comment (2024-12-09): Please refer to Section 3 of Article V of the uploaded By-Laws which give the president full authority
 12/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
222477036 [Redact] [Redact]   32287890     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 (2024-12-17): Post-disaster inspection provided


Seller Comment (2024-12-14): PDI Uploaded
 12/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477036 [Redact] [Redact]   32287905     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 (2024-12-12): UCDP Provided. Exception Cleared.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477036 [Redact] [Redact]   32287915     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 (2024-12-10): Received Shareholders agreement. Exception Cleared.


Seller Comment (2024-12-09): Please refer to the uploaded Shareholder's Agreement which is the same as an Operating Agreement
 12/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477036 [Redact] [Redact]   32287920     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file is missing a copy of the Corporate Resolution.       Reviewer Comment (2024-12-10): Received Shareholders agreement. Exception Cleared.


Seller Comment (2024-12-09): Please refer to Section 3 of Article V of the uploaded By-Laws which give the president full authority
 12/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477043 [Redact] [Redact]   32297150     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 purposes.       Reviewer Comment (2024-12-12): UCDP Provided. Exception Cleared.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A A A     D A   N/A No
222477044 [Redact] [Redact]   32293604     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 purposes.       Reviewer Comment (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A A A     D A   N/A No
222477045 [Redact] [Redact]   32287874     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 (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222477049 [Redact] [Redact]   32291389     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] declared end date.       Reviewer Comment (2024-12-17): Post-disaster inspection provided


Seller Comment (2024-12-14): PDI Uploaded
 12/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477049 [Redact] [Redact]   32291395     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.       Reviewer Comment (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477050 [Redact] [Redact]   32288937     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file is missing a copy of the Corporate Resolution.       Reviewer Comment (2024-12-10): Operating agreement used as an alternative document. Exception Cleared.


Seller Comment (2024-12-09): Borrowing entity is a single member LLC, therefore the uploaded Operating Agreement outlines all authority and is all that is needed.
 12/10/2024     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
222477061 [Redact] [Redact]   32295233     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 (2024-12-12): AVM Provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A A A     D A   N/A No
222477063 [Redact] [Redact]   32288954     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of organization is not provided.       Reviewer Comment (2024-12-09): Received Articles of Organization. Exception Cleared.


Seller Comment (2024-12-09): Uploaded the Certificate of Organization
 12/09/2024     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
222477067 [Redact] [Redact]   32287852     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 (2024-12-12): Received UCDP With a score of 1.8.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222477070 [Redact] [Redact]   32291528     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.       Reviewer Comment (2024-12-12): Secondary valuation provided.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477080 [Redact] [Redact]   32288210     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 (2024-12-12): Received UCDP With a score of 1.7.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A C A     D A   N/A No
222477080 [Redact] [Redact]   32288235     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood Certificate is missing.       Reviewer Comment (2024-12-08): Received Flood Certificate. Exception Cleared.


Seller Comment (2024-12-06): Flood Cert Uploaded
 12/08/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A     D A   N/A No
222477082 [Redact] [Redact]   32295172     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 (2024-12-17): Secondary Valuation Provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
222477082 [Redact] [Redact]   32295222     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 FEMA Disaster area that does not have a declared end date. The appraisal was performed after the FEMA declaration start date but prior to the declared end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-05): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     12/05/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
222477087 [Redact] [Redact]   32294301     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 (2024-12-12): Received UCDP With a score of 1.
 12/12/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222477093 [Redact] [Redact]   32302428     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 (2024-12-13): Received UCDP With a score of 1.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477095 [Redact] [Redact]   32302377     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2024-12-13): Secondary valuation provided.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A A A     D A   N/A No
222477105 [Redact] [Redact]   32302356     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 (2024-12-17): Secondary Valuation Provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477106 [Redact] [Redact]   32289871     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 (2024-12-13): Secondary valuation provided.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222477111 [Redact] [Redact]   32302362     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-09): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2024-12-06): PDI Uploaded
     12/09/2024 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
222477112 [Redact] [Redact]   32301749     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 most recent inspection is dated prior to the recent FEMA disaster. Disaster end date was [Redact]. Provide a post-disaster inspection report showing no damage to the property.       Reviewer Comment (2024-12-17): Post-disaster inspection provided


Seller Comment (2024-12-14): PDI Uploaded
 12/17/2024     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
222477117 [Redact] [Redact]   32301830     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 (2024-12-13): UCDP Provided. Exception Cleared.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477123 [Redact] [Redact]   32296651     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 purposes.       Reviewer Comment (2024-12-13): Received UCDP With a score of 2.4.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477131 [Redact] [Redact]   32300304     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Secondary valuation is missing for securitization purposes.       Reviewer Comment (2024-12-13): Received UCDP With a score of 1.5.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A A A     D A   N/A No
222477132 [Redact] [Redact]   32301127     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 (2024-12-13): Received UCDP With a score of 1.5.
 12/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477140 [Redact] [Redact]   32301192     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 purposes.       Reviewer Comment (2024-12-16): Secondary valuation provided


Seller Comment (2024-12-14): Review Uploaded
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477143 [Redact] [Redact]   32314621     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2024-12-17): Received UCDP with the Score of 2.2. Exception Cleared.


Seller Comment (2024-12-14): Review Uploaded
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477143 [Redact] [Redact]   32314903     Credit Missing Document General Missing Document Missing Document: HUD/CD (Initial Purchase) not provided   Missing HUD/CD for Initial Purchase of Subject Property.       Reviewer Comment (2024-12-17): Clarification from the seller verifying the purpose was a cash out refi and not a delayed purchase refi.


Seller Comment (2024-12-14): [Redact] - Loan is a cash out refinance.  HUD/CD from purchase is not an underwriting guideline requirement.
 12/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477143 [Redact] [Redact]   32314905     Credit Missing Document General Missing Document Missing Document: Source of Funds for the Initial Purchase not provided   Missing Source of Funds for the Initial Purchase of Subject Property.       Reviewer Comment (2024-12-17): Clarification from the seller verifying the purpose was a cash out refi and not a delayed purchase refi.


Seller Comment (2024-12-14): [Redact] - Loan is a cash out refinance.  Property is free and clear.  Underwriting guidelines do not require purchase funds to be sourced.
 12/17/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
222477145 [Redact] [Redact]   32299820     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file was missing copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-12-17): Received UCDP With a score of 1.8.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477149 [Redact] [Redact]   32299365     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 (2024-12-17): Secondary Valuation provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477170 [Redact] [Redact]   32314122     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2 - Missing secondary valuations for all properties.       Reviewer Comment (2024-12-17): Secondary Valuation Provided.
 12/17/2024     1 D A D A D A D A D A     Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477171 [Redact] [Redact]   32311786     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 (2024-12-17): Received UCDP With a score of 2.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477173 [Redact] [Redact]   32315145     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 (2024-12-17): Secondary Valuation Provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477179 [Redact] [Redact]   32313685     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 purposes.       Reviewer Comment (2024-12-16): Secondary valuation provided


Seller Comment (2024-12-14): Review Uploaded
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477181 [Redact] [Redact]   32314125     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 (2024-12-17): Secondary Valuation provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477183 [Redact] [Redact]   32315286     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 (2024-12-17): Received UCDP With a score of 2.3.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B C B     D A   N/A No
222477183 [Redact] [Redact]   32315305     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-11): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     12/11/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   D B C B     D A   N/A No
222477184 [Redact] [Redact]   32316738     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 (2024-12-17): Secondary valuation provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477185 [Redact] [Redact]   32316453     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 purposes.       Reviewer Comment (2024-12-16): Secondary valuation provided


Seller Comment (2024-12-14): Review Uploaded
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477186 [Redact] [Redact]   32320273     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2 Note Date:  ___; Lien Position: ___ The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-12-17): AVM provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477194 [Redact] [Redact]   32321489     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 (2024-12-17): Received UCDP With a score of 1.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477202 [Redact] [Redact]   32323840     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 (2024-12-17): AVM Provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222477210 [Redact] [Redact]   32310828     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2 Note Date:  ___; Lien Position: ___ The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2024-12-17): AVM provided.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477220 [Redact] [Redact]   32324648     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 purposes.       Reviewer Comment (2024-12-16): Secondary valuation provided


Seller Comment (2024-12-14): Review Uploaded
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
222477245 [Redact] [Redact]   32335023     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 (2024-12-17): Secondary valuation provided


Seller Comment (2024-12-17): [Redact] - WJ - Attached are the [Redact] Project Questionairre as well as a repsonse to a question. The HOA Questionairre is sufficient since it is on a [Redact] form.  The underwriter approval of the project constitutes [Redact] confirming that the project is warrantable.  Please refer to the attached Credit Memo which states this in the comment section.
 12/17/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D B C B     D A   N/A No
222477245 [Redact] [Redact]   32335167     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2024-12-12): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     12/12/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B C B     D A   N/A No
222477245 [Redact] [Redact]   32370157     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 (2024-12-17): Lender approval provided verifying condo project is warrantable


Seller Comment (2024-12-17): [Redact] - WJ - Attached are the [Redact] Project Questionnaire as well as a response to a question. The HOA Questionnaire is sufficient since it is on a [Redact] form.  The underwriter approval of the project constitutes [Redact] confirming that the project is warrantable.  Please refer to the attached Credit Memo which states this in the comment section.


Seller Comment (2024-12-17): [Redact] - [Redact] - Attached are the [Redact] Project Questionairre as well as a repsonse to a question. The HOA Questionairre is sufficient since it is on a [Redact] form.  The underwriter approval of the project constitutes [Redact] confirming that the project is warrantable.  Please refer to the attached Credit Memo which states this in the comment section.
 12/17/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D B C B     D A   N/A No
222477255 [Redact] [Redact]   32332515     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 (2024-12-16): UCDP provided verifying a CU score < or = 2.5
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A A A     D A   N/A No
222477258 [Redact] [Redact]   32302184     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 (2024-12-16): UCDP provided verifying a CU score < or = 2.5
 12/16/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Limited Cash-out GSE   D A A A     D A   N/A No
222478004 [Redact] [Redact] [Redact] 32282361     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian
 12/25/2024     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 Exempt from ATR Exempt from ATR No
222478004 [Redact] [Redact] [Redact] 32442513     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 5.00000% 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]). FNMA Points and Fees on subject loan of [Redact] is in excess of the allowable maximum of the greater of 5.00000% 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 (2024-12-26): Client elected to waive the condition


Seller Comment (2024-12-24): The Prepayment Penalty is not included in Points and Fees testing on [Redact] programs. Please cancel this condition.
     12/26/2024 2 B B B B B B B B B B   [Redact] Investment 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 Exempt from ATR Exempt from ATR Yes
222486366 [Redact] [Redact] [Redact] 32289377     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-03): collateral delivered [Redact] via [Redact] tracking [Redact]
 01/06/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222486366 [Redact] [Redact] [Redact] 32518935     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was not provided in the file.       Reviewer Comment (2025-01-02): Guaranty Agreement provided


Seller Comment (2025-01-02): guaranty
 01/02/2025     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222492410 [Redact] [Redact] [Redact] 32290484     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-27): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-26): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 12/27/2024     1 A A A A A A A A A A   [Redact] Investment Purchase   C A C A     A A   N/A No
222492410 [Redact] [Redact] [Redact] 32455709     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 (2024-12-26): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2024-12-26): Please see attached business purpose certificate.
 12/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222498580 [Redact] [Redact]   32294609     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. Provided the original appraisal for [Redact] Appraisal. The delivery date in file is dated [Redact] and the appraisal is dated [Redact].       Reviewer Comment (2024-11-07): Received Original Appraisal for [Redact]. Exception Cleared


Buyer Comment (2024-11-05): Appraisal report
 11/07/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222498581 [Redact] [Redact]   32294610     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.           Reviewer Comment (2024-11-11): PDI Inspection date [Redact], no damage. Hurricane [Redact] disaster end date is [Redact].


Buyer Comment (2024-11-08): PDI
 11/11/2024     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
222498583 [Redact] [Redact]   32294618     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Tax verification is missing for property "[Redact]" and "[Redact]"       Reviewer Comment (2024-11-12): Lender confirmed these parcels of and are held under entity and paid through entity.


Buyer Comment (2024-11-08): Per Lender : [Redact] and [Redact] are both part of the [Redact] business however, the taxes were paid by the [Redact]X so are reflected on those returns. See email from CPA. Note that Lot 7 is [Redact].
 11/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222498583 [Redact] [Redact]   32294619     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Schedule G for 1120 Business "[Redact]" is missing in file       Reviewer Comment (2024-11-12): LOX and CPA confirmed borrower is 100% for this entity.


Buyer Comment (2024-11-08): Per Lender : see Schedule K #4 a and b both answered NO so there is no Schedule G for [Redact]


Buyer Comment (2024-11-08): both years have the Schedule G included? Pages 7 and 31 of the returns
 11/12/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222498583 [Redact] [Redact]   32294620     Compliance Compliance State Compliance State Late Charge [Redact] Late Charge Percent and Amount Testing [Redact] Late Charge: Note late charge amount of [Redact] exceeds the state maximum of [Redact]. Note late charge amount of [Redact] exceeds the state maximum of [Redact].       Buyer Comment (2024-11-06): Acknowledge as non-material.
     11/06/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222498583 [Redact] [Redact]   32294622     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. Zero Percent Tolerance Violation for Credit report fee With Sufficient Cure Provided At Closing       Reviewer Comment (2024-11-04): Sufficient Cure Provided At Closing
   11/04/2024   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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222500670 [Redact] [Redact]   32294745     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreements are missing.       Reviewer Comment (2024-11-14): Received Guarantor Agreement. Exception cleared


Buyer Comment (2024-11-12): updated GA


Reviewer Comment (2024-11-11): Received a copy of Guarantor Agreement, but the same is incomplete without date and business entity name on first page. Exception Remains.


Buyer Comment (2024-11-07): GA
 11/14/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A A A D A   N/A No
222500670 [Redact] [Redact]   32294746     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   1-4 Family rider is missing.       Reviewer Comment (2024-11-11): Received Rider-1-4 Family and Rider- Prepayment. Exception Cleared.


Buyer Comment (2024-11-07): mtg with riders
 11/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A A A D A   N/A No
222500670 [Redact] [Redact]   32294747     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 (2024-11-15): CDA Received Exception Cleared


Buyer Comment (2024-11-14): CDA
 11/15/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A A A D A   N/A No
222500670 [Redact] [Redact]   32294749     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Business Purpose Certificate is missing.       Reviewer Comment (2024-11-11): Received Business Purpose Certificate. Exception Cleared.


Buyer Comment (2024-11-07): BPC
 11/11/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A A A D A   N/A No
222500671 [Redact] [Redact]   32294756     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower [Redact] current address is [Redact] (Primary) no primary housing expense-missing rent free letter       Reviewer Comment (2024-11-11): Received rent free letter. Exception Cleared


Buyer Comment (2024-11-07): LOX
 11/11/2024     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
222500672 [Redact] [Redact]   32294757     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax Certificate missing       Reviewer Comment (2024-11-13): Tax cert provided


Buyer Comment (2024-11-12): Per lender : Hello, This is a new build property, so taxes are being estimated higher. This should not be an issue. Please take less in taxes, it is a non escrow account.


Reviewer Comment (2024-11-11): Provided tax document does not support monthly Tax amount [Redact]/monthly. Provided tax calculation worksheet along with document to support monthly tax amount [Redact]/monthly (If not provided). Exception Remains


Buyer Comment (2024-11-07): tax cert
 11/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A A A A A   N/A No
222500672 [Redact] [Redact]   32294758     Credit Credit Miscellaneous Guideline Credit Exception:   Require DSCR Calculation Worksheet detailing the DSCR calculation       Reviewer Comment (2024-11-11): Received DSCR Calculation Worksheet .Exception Cleared


Buyer Comment (2024-11-07): DSCR calc
 11/11/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A A A A A   N/A No
222500672 [Redact] [Redact]   32294760     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Provide PDI       Reviewer Comment (2024-11-13): PDI provided.


Buyer Comment (2024-11-12): PDI
 11/13/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   C A C A A A A A   N/A No
222500680 [Redact] [Redact]   32294767     Compliance Loan Package Documentation Closing / Title Loan Package Documentation Note Error: Note grace period days less than minimum per state           Buyer Comment (2024-11-07): Acknowledged non material
     11/07/2024 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
222500680 [Redact] [Redact]   32294768     Compliance Compliance State Compliance State Late Charge Note Error: Note late charge percentage exceeds maximum per state           Buyer Comment (2024-11-07): Acknowledged non material
     11/07/2024 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
222500680 [Redact] [Redact]   32294769     Credit Credit Miscellaneous Guideline Credit Exception:   Missing evidence of 2 months rent paid paid by tenant "[Redact]" to support using the higher of the lease for DSCR. Please provide a breakdown of all  the numerous partial payments, unable to ascertain  the monthly amounts per Lease.       Reviewer Comment (2024-11-14): Evidence of 2 payments made has been provided.


Buyer Comment (2024-11-12): comment from lender: please see [Redact] statements [Redact] the payment is [Redact] and [Redact]
 11/14/2024     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
222502955 [Redact] [Redact] [Redact] 32297838     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-19): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-18): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 12/19/2024     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
222502955 [Redact] [Redact] [Redact] 32429602     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation confirming the condo project is warrantable.       Reviewer Comment (2024-12-23): Received project approval. Exception Cleared.


Seller Comment (2024-12-20): project approval letter
 12/23/2024     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
222505693 [Redact] [Redact] [Redact] 32306765     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-23): Collateral delivered [Redact] via [Redact] tracking number [Redact]
 12/25/2024     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
222505693 [Redact] [Redact] [Redact] 32458211     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Prepayment penalty not provided in file       Reviewer Comment (2024-12-25): No Prepayment penalty. Exception Cleared.


Seller Comment (2024-12-23): Loan does not have a Prepayment penalty, therefore there is no note addendum for a prepayment penalty.
 12/25/2024     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 Yes
222505719 [Redact] [Redact] [Redact] 32306866     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-24): Note Tracking - [Redact] #[Redact]  original being delivered [Redact].
 12/25/2024     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
222505719 [Redact] [Redact] [Redact] 32457139     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.             12/20/2024 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
222505719 [Redact] [Redact] [Redact] 32457140     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 5.00000% 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 (2024-12-20): Client elected to waive the condition
     12/20/2024 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
222506271 [Redact] [Redact] [Redact] 32308187     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-19): Tracking [Redact]
 12/20/2024     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
222524068 [Redact] [Redact] [Redact] 32325153     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2024-12-25): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2024-12-24): [Redact], delivered [Redact]
 12/25/2024     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
222524068 [Redact] [Redact] [Redact] 32448369     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 (2024-12-23): [Redact] Received Initial CD dated [Redact].


Seller Comment (2024-12-20): Initial CD
 12/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
222524068 [Redact] [Redact] [Redact] 32448370     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 Re-Issue Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2024-12-19): Sufficient Cure Provided At Closing
   12/19/2024   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
222524068 [Redact] [Redact] [Redact] 32467129     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 [Redact] CD without receipt. Please provide documentation of receipt if available. The mailbox rule is applied therefore receipt date is [Redact]. Consummation date is [Redact]. [Redact] is day 1, [Redact] is day 2. Please provide documentation if the CD was received [Redact]  or earlier for review.       Reviewer Comment (2025-01-06): [Redact] Received Email Confirmation showing borrower received the CD dated [Redact].


Seller Comment (2025-01-03): Automatic email received when borrower viewed initial CD sent


Reviewer Comment (2025-01-02): [Redact] Received Email copy is not acceptable. Provide evidence or confirmation that borrower received the CD 3 days prior to closing.


Seller Comment (2024-12-31): Automatic email confirmation received when initial CD was sent to the borrower


Reviewer Comment (2024-12-30): [Redact] upon review there is no document in order to verify initial CD received to the borrower three days prior to closing date. Kindly provide evidence that the borrower received initial CD dated [Redact] three days prior to closing date.


Seller Comment (2024-12-27): [Redact] summary was provided with prior upload of initial CD beginning on page 8
 01/06/2025     1   A   A   A   A   A   [Redact] Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
222524189 [Redact] [Redact] [Redact] 32325883     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-20): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-16): collateral delivered [Redact] via [Redact] tracking [Redact]
 01/20/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222524457 [Redact] [Redact] [Redact] 32326065     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-09): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-08): collateral delivered [Redact] via [Redact] tracking [Redact]
 01/09/2025     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   B B B B     A A   N/A No
222524457 [Redact] [Redact] [Redact] 32521031     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.             12/31/2024 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
222550241 [Redact] [Redact] [Redact] 32345762     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-09): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 01/10/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222550524 [Redact] [Redact] [Redact] 32346758     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   A A A A A A A A Exempt from ATR Exempt from ATR No
222558083 [Redact] [Redact]   32355319     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 Higher Priced QM (APOR). Loan testing as Higher Priced QM (APOR). This may be re-designated upon request. Guides all HPQM.       Reviewer Comment (2024-11-04): HPQM is allowed.


Buyer Comment (2024-10-31): Please re-designate to HPQM
 11/04/2024     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 A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
222558083 [Redact] [Redact]   32355322     Credit Credit Miscellaneous Guideline Credit Exception:   Primary Residence [Redact] is missing the [Redact] payment       Reviewer Comment (2024-11-19): Received [Redact] payment verification for 1st mortgage and 2nd mortgage for [Redact] is missing the [Redact] payment. Exception cleared


Buyer Comment (2024-11-18): Per Lender : Page 5 shows primary residence loan payment withdrawn from statemen
 11/19/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222558083 [Redact] [Redact]   32355323     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). HPQM allowed.       Buyer Comment (2024-11-04): HPQM allowed.
     11/04/2024 2   A   B   B   B   A   [Redact] Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222558084 [Redact] [Redact]   32355328     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Require Mortgage Statement for REO "[Redact]" to verify escrow. If non-escrow require Tax, Insurance and HOA doc.       Reviewer Comment (2024-11-21): Received Con-Current file CD confirm payment is escrowed.. Exception cleared


Buyer Comment (2024-11-19): [Redact] was a concurrent purchase- no mortgage stmt provided - see final CD for PITI-[Redact]
 11/21/2024     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 N/A No
222558093 [Redact] [Redact]   32355342     Credit Credit Miscellaneous Guideline Credit Exception:   Require Updated Appraisal, CDA, Flood Cert and Hazard Policy with correction in  Property address to "[Redact]" as these document noted address as "[Redact]". P.S. Note/Security instrument/Title Report shows address as "[Redact]"       Reviewer Comment (2024-11-21): Received updated Flood cert. exception Cleared


Buyer Comment (2024-11-19): Flood Cert


Reviewer Comment (2024-11-18): Received updated CDA. Flood Cert required with updated address. exception remains.


Buyer Comment (2024-11-15): CDA


Reviewer Comment (2024-11-14): Received HOI and Appraisal with change in property Address, however still missing CDA and Flood Cert. Provided CDA still shows address "[Redact]" Exception Remains


Buyer Comment (2024-11-12): Appraisal, CDA, and HOI
 11/21/2024     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
222558093 [Redact] [Redact]   32355343     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower current address is 4980 S 5050 W (Primary) and is missing the Current payment.       Reviewer Comment (2024-11-14): Received Credit report confirm payment as of [Redact] and 2nd lien new HELOC still show Payment as of [Redact]. Exception Cleared


Buyer Comment (2024-11-12): Credit Report
 11/14/2024     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
222558094 [Redact] [Redact]   32355344     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing.       Reviewer Comment (2024-11-14): Received Fraud Report Exception Cleared


Buyer Comment (2024-11-12): fraud
 11/14/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558094 [Redact] [Redact]   32355345     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Loan is to be securitized. Secondary valuation is missing. Sec ID: 2       Reviewer Comment (2024-11-14): Received CDA Exception Cleared


Buyer Comment (2024-11-12): CDA
 11/14/2024     1 D A D A D A D A D A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558094 [Redact] [Redact]   32355347     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. Need an updated Hazard Insurance Policy Document.       Reviewer Comment (2024-11-14): Received updated Hazard insurance policy with effective date of [Redact]. exception cleared


Buyer Comment (2024-11-12): HOI effective [Redact]
 11/14/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558094 [Redact] [Redact]   32355348     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement is missing for the business [Redact].       Reviewer Comment (2024-11-19): Received Operating agreement for the business [Redact]. Exception cleared


Buyer Comment (2024-11-19): Operating agreement
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558094 [Redact] [Redact]   32355350     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing is missing for the business [Redact].       Reviewer Comment (2024-11-19): Received Certificate of Good Standing for the business [Redact]. Exception cleared


Buyer Comment (2024-11-19): COGS
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558094 [Redact] [Redact]   32355351     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation is missing for the business [Redact].       Reviewer Comment (2024-11-19): Received Articles of Organization along with name change Articles of Organization for [Redact]. Exception cleared


Buyer Comment (2024-11-18): AO
 11/19/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A C A A A D A   N/A No
222558958 [Redact] [Redact] [Redact] 32358066     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-09): Collateral was delivered on [Redact] via [Redact] tracking [Redact]
 01/10/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222558958 [Redact] [Redact] [Redact] 32599162     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   The DSCR was less than the guideline minimum.  The difference is due to the lender did not include the premium for the HO6 coverage for the subject in the PITIA.  Note: the premium was included on the final CD and escrowed.       Reviewer Comment (2025-01-27): Received confirmation mail that policy contains walls in coverage. Hence premium excluded. Exception Cleared.


Seller Comment (2025-01-27): Please see attached confirmation from agent stating coverage is walls in, policy is attached as well.


Reviewer Comment (2025-01-21): Removing the HO6 insurance from the escrows does not allow the HO6 insurance to be removed from the PITIA.  The master condo insurance does not include "walls in" coverage and the HO-6 coverage is required.  Condition remains


Seller Comment (2025-01-17): Please see attached revised documents and audit trail. HO6 was removed and borrower was notified they were be responsible for the premiums.
 01/27/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222558958 [Redact] [Redact] [Redact] 32605382     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: ___		 Updated condition:  Subject is located in a FEMA disaster area with a declaration date of [Redact].  A disaster declaration end date has not been identified yet. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster:[Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-27): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2025-01-23): Please see attached inspection.
     01/27/2025 2   B   B   B   B   B   [Redact] Investment Purchase   C B C B     A A   N/A No
222559432 [Redact] [Redact] [Redact] 32361592     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-06): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-03): (Rate Lock) [Redact]
 01/06/2025     1 A A A A A A A A A A   [Redact] Investment Refinance - Rate/Term   B B A A B B A A Exempt from ATR Exempt from ATR No
222559432 [Redact] [Redact] [Redact] 32520516     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.               12/31/2024 2 B B B B B B B B B B   [Redact] Investment Refinance - Rate/Term   B B A A B B A A Exempt from ATR Exempt from ATR No
222563743 [Redact] [Redact] [Redact] 32369552     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-29): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-28): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 01/29/2025     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
222563743 [Redact] [Redact] [Redact] 32711516     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business Purpose Certificate not provided       Reviewer Comment (2025-01-28): Business purpose cert provided


Seller Comment (2025-01-28): Business Purpose Certificate
 01/28/2025     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
222573584 [Redact] [Redact] [Redact] 32376515     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-30): (Rate Lock) [Redact]
 01/31/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222573690 [Redact] [Redact] [Redact] 32376625     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-23): (Rate Lock) [Redact]
 01/24/2025     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
222573690 [Redact] [Redact] [Redact] 32638440     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 5.00000% of the Original Loan Amount and [Redact] (2025). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2025) (an overage of [Redact] or [Redact]).         Reviewer Comment (2025-01-14): Client elected to waive the condition
     01/14/2025 2 B B B B B B B B B B   [Redact] Investment Refinance - Cash-out - Other 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
222573690 [Redact] [Redact] [Redact] 32642238     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 (2025-01-21): Received Project Approval. Exception Cleared.


Seller Comment (2025-01-21): Attached the Condo Review.
 01/21/2025     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
222610136 [Redact] [Redact] [Redact] 32424290     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-13): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-08): (Rate Lock) [Redact]
 01/13/2025     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
222610136 [Redact] [Redact] [Redact] 32518740     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.               12/31/2024 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
222610136 [Redact] [Redact] [Redact] 32518744     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 (2024-12-31): Sufficient Cure Provided At Closing
   12/31/2024   1 A A A A A A A A A A   [Redact] Investment Purchase Final CD evidences Cure B B A A B B A A Exempt from ATR Exempt from ATR Yes
222613999 [Redact] [Redact] [Redact] 32432398     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-10): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-09): collateral delivered [Redact] via [Redact] tracking [Redact]
 01/10/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   D A D A     A A   N/A No
222613999 [Redact] [Redact] [Redact] 32596256     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 (2025-01-13): Received Business Purpose Certificate. Exception Cleared.


Seller Comment (2025-01-09): business purpose
 01/13/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222613999 [Redact] [Redact] [Redact] 32596273     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The file was missing Operating Agreement       Reviewer Comment (2025-01-15): CPA letter documenting the borrower's percentage of ownership in the business is acceptable per guidelines.  Exception cleared.


Seller Comment (2025-01-14): the borrower is 100% owner of the LLC. This is an allowable alternative in the product underwriting guide to verify ownership of an LLC for title vesting in lieu of an operating agreement.


Reviewer Comment (2025-01-13): Required Operating Agreement to clear this exception. Exception Remains.


Seller Comment (2025-01-09): operating agreement
 01/15/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222613999 [Redact] [Redact] [Redact] 32596276     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   The file was missing Guarantor Agreement       Reviewer Comment (2025-01-13): Received Guarantor Agreement. Exception Cleared.


Seller Comment (2025-01-09): guaranty
 01/13/2025     1 D A D A D A D A D A   [Redact] Investment Purchase   D A D A     A A   N/A No
222613999 [Redact] [Redact] [Redact] 32596850     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 DSCR.       Reviewer Comment (2025-01-13): Received Tax Certificate. Exception Cleared.


Seller Comment (2025-01-09): tax info
 01/13/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A     A A   N/A No
222614818 [Redact] [Redact] [Redact] 32432627     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-09): (Rate Lock) [Redact]
 01/14/2025     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
222614818 [Redact] [Redact] [Redact] 32540776     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 5.00000% 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 (2025-01-03): Client elected to waive the condition
     01/03/2025 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
222614818 [Redact] [Redact] [Redact] 32567069     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - Project approval from FNMA provided is not acceptable as the Fannie Mae Review Status is "No Fannie Mae Review" and unable to determine if the project is warrantable.       Reviewer Comment (2025-01-14): Documentation from the lender received verifying project is warrantable


Seller Comment (2025-01-14): Attached the Condo Review by the Lender.


Reviewer Comment (2025-01-13): HOA questionnaire from the HOA is not acceptable. Please provide a processor's cert from the lender or the Condo warrant form signed by the lender or the project approval from Fannie Mae or Freddie Mac. Exception Remains.


Seller Comment (2025-01-10): The Look up for the Condo with FNMA is found on page 1429 of [Redact] and the Condo questionnaire can be found on page 1099 of [Redact].  Please Cancel.
 01/14/2025     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
222623603 [Redact] [Redact] [Redact] 32442386     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-24): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-23): The collateral was delivered [Redact] via [Redact] trk#[Redact].
 01/24/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   A A A A     A A   N/A No
222626979 [Redact] [Redact] [Redact] 32448460     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-31): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-30): Collateral delivered on [Redact] via [Redact] tracking number [Redact].
 01/31/2025     1 A A A A A A A A A A   [Redact] Investment Purchase   C B C B     A A   N/A No
222626979 [Redact] [Redact] [Redact] 32718734     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   The file is missing a copy of the current lease for unit 1.  The higher rent amount verified on the appraisal was used to qualify and the file did not contain a copy of the lease agreement to confirm the [Redact] per month rent.       Reviewer Comment (2025-02-03): Lower market rent used; lease not required
 02/03/2025     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B     A A   N/A No
222626979 [Redact] [Redact] [Redact] 32774103     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 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 of 746 where 680 is minimum (66 points)

Cash reserves: [Redact] 17 months where 6 months is required (2X)		 SitusAMC,Aggregator

Aggregator,SitusAMC

SitusAMC		 Reviewer Comment (2025-02-03): Client elected to waive the condition with the following compensating factors:
LTV of 75% where 80% is maximum
FICO of 746 where 680 is minimum (66 points)
Cash reserves: [Redact] 17 months where 6 months is required (2X)
     02/03/2025 2   B   B   B   B   B   [Redact] Investment Purchase   C B C B     A A   N/A No
222631225 [Redact] [Redact]   32459475     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Third Party verification (Business License / CPA Letter) is missing in file for the business " [Redact]". Also missing YTD signed P&L and signed Balance Sheet.       Reviewer Comment (2024-11-01): P&L was recently provided, It reflects declining "net" income. The 2022 returns reflect borrower was paid W2 of [Redact] and other staff was paid [Redact] and 2023 corporate returns reflect borrower was paid [Redact] and other staff was paid [Redact] . YTD P&L provided reflects a generic line item of [Redact] for salaries. There is no break out for what  owner salary is nor was a YTD paystub provided. Therefore, using YTD P&L DTI is being calculated at 49.23758 versus lender approved at 21%. See new exception


Reviewer Comment (2024-11-01): P&L was recently provided, It reflects declining "net" income. The 2022 returns reflect borrower was paid W2 of [Redact] and other staff was paid [Redact] and 2023 corporate returns reflect borrower was paid [Redact] and other staff was paid [Redact] . YTD P&L provided reflects a generic line item of [Redact] for salaries. There is no break out for what  owner salary is nor was a YTD paystub provided. Therefore, using YTD P&L DTI is being calculated at 49.23758 versus lender approved at 21%


Reviewer Comment (2024-10-29): Received Third party verification of employment within 10 business days. updated 1008 not received. YTD P&L income decline after taxes. exception remains.


Buyer Comment (2024-10-28): Per Lender : rebuttal from UW on declining income


Reviewer Comment (2024-10-24): Revised comments. 1003 is not required. Received YTD Balance sheet and P&L. Also received third party verification dated [Redact] which is not within 10 days business days of closing as require by Guideline. Additionally Require 1008 with revised income of [Redact] as YTD P&L considered as showing declining income or provide YTD W-2 earning document to increase the YTD income. Exception Remains


Reviewer Comment (2024-10-09): Received YTD Balance sheet and P&L. Also received third party verification dated [Redact] which is not within 10 days business days of closing as require by Guideline. Additionally Require updated 1003 and 1008 with revised income of [Redact] as YTD P&L considered as showing declining income or provide YTD W-2 earning document to increase the YTD income. Exception Remains


Buyer Comment (2024-10-08): signed
 11/01/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631225 [Redact] [Redact]   32459476     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Supporting documents to confirm the Properties ("[Redact]" "[Redact]" "[Redact]" are free and clear is missing in file.       Reviewer Comment (2024-11-19): Received HOI policy for REO [Redact] with no mortgagee clause. exception cleared.


Buyer Comment (2024-11-18): [Redact] HOI with mtgee deleted


Reviewer Comment (2024-10-09): Received Insurance without Mortgagee clause for REO [Redact] and [Redact], however for [Redact] insurance policy does not confirm Mortgagee clause. Exception Remains


Buyer Comment (2024-10-08): REO
 11/19/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631225 [Redact] [Redact]   32459477     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 ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2024-11-01): Provided.
 11/01/2024     1 B A C A B A C A B A   [Redact] Second Home Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222631225 [Redact] [Redact]   32459478     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Employment - S-Corp General QM: Unable to verify current S-Corp status using reasonably reliable third-party records. Third Party Verification (CPA Letter / Business License) for the business is missing in file. Exception raised.       Reviewer Comment (2024-10-29): Received Third party verification of employment. exception cleared


Buyer Comment (2024-10-28): VOB


Reviewer Comment (2024-10-09): received third party verification dated [Redact] which is not within 10 days business days of closing as require by Guideline. Exception Remains


Buyer Comment (2024-10-08): VOB
 10/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631225 [Redact] [Redact]   32459480     Credit Credit Miscellaneous Credit Miscellaneous Credit (Non-Material):   Revised  1008 to be provided once income aligned. P&L was recently provided, It reflects declining "net" income. The 2022 returns reflect borrower was paid W2 of [Redact] and other staff was paid [Redact] and 2023 corporate returns reflect borrower was paid 160k and other staff was paid [Redact] . YTD P&L provided reflects a generic line item of [Redact] for salaries. There is no break out for what  owner salary is nor was a YTD paystub provided. Therefore, using YTD P&L DTI is being calculated at 49.23758 versus lender approved at 21%. Provide revised P&L with owner salary broken out or YTD paystubs for further consideration.       Reviewer Comment (2024-11-22): YTD stub provided. Used YTD P&L as most conservative approach. Gross YTD income from business when amortized over 12 months is within 95% of 2023 business gross earnings. The 2023 from 2022 is within 99.9%. Guide require earnings must not have decreased by more than 20%. Exception cleared,


Reviewer Comment (2024-11-20): Received Paystub however paystub not clearly scanned. require clear paystub. still the DTI varies YTD earning arrived lower. DTI at 24.99%. Exception remains. require letter of explanation for the decline in YTD 2024 income over previous year 2023 average income. exception remains.


Buyer Comment (2024-11-18): paystub
 11/22/2024     1   A   A   A   A   A   [Redact] Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631227 [Redact] [Redact]   32459493     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - VVOE within 10 Business days is missing for Borrower.       Reviewer Comment (2024-11-06): Received Third Party Verification for Employment.  Exception Cleared


Buyer Comment (2024-11-04): Verification of Employment for BORR 2
 11/06/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222631227 [Redact] [Redact]   32459496     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. Final LE was disclosed Lender Credit [Redact] where as Final CD was disclosed [Redact]. No Valid COC or cure provided in the file.       Reviewer Comment (2024-11-05): [Redact] received rebuttal suffice.


Buyer Comment (2024-11-04): Comment from Lender:There are lender credits on the Fina1 CD ([Redact] for the appraisal fee and [Redact] for the final inspection fee) totaling [Redact]
 11/05/2024     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 C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
222631227 [Redact] [Redact]   32459497     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 (2024-12-03): Subject loan is a refinance of a construction only loan.  Exempt from rescission.


Buyer Comment (2024-12-03): D0435 states "Construction Loan" on the first page under Promissory Note.


Reviewer Comment (2024-12-03): Re-open: the subject transaction was a rate/term permanent lien refinance of a construction-only lien that did not include permanent financing


Reviewer Comment (2024-11-06): Construction to perm. Cleared.


Buyer Comment (2024-11-04): Comment from Lender: This is a const to perm refinance. There is no NRTC.
 12/03/2024     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 Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
222631227 [Redact] [Redact]   32459498     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). Request to re-designate to HPQM.       Reviewer Comment (2024-11-06): Request to re-designate to HPQM.
     11/06/2024 2   A   B   B   B   A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222631227 [Redact] [Redact]   32459499     Compliance Compliance Federal Compliance Compliance Construction Addendum/Allonge Incomplete - Separate Disclosure Type Construction Addendum/Allonge Incomplete Test: Separate Disclosures - Construction Phase Addendum/Rider or Construction Loan Agreement or other source documentation containing construction phase loan terms not in file.  Compliance testing performed based on terms of permanent financing only. Construction loan terms not provided. Payment, rate maturity date , amortization type, first payment date etc. This is an EV2 informational exception and may be waived.       Reviewer Comment (2024-12-03): the subject transaction was a rate/term permanent lien refinance of a construction-only lien that did not include permanent financing


Buyer Comment (2024-12-03): Thank you


Reviewer Comment (2024-12-02): Under review.


Buyer Comment (2024-11-27): Note and DOT
 12/03/2024     1   A   A   A   A   A   [Redact] Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222631228 [Redact] [Redact]   32459500     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. Primary appraisal       Buyer Comment (2024-11-15): Lender acknowledged non material EV2


Buyer Comment (2024-11-15): Cert from processor - delivery evidence not provided
     11/15/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631228 [Redact] [Redact]   32459501     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. Secondary appraisal       Reviewer Comment (2024-11-14): Received 2nd appraisal delivery evidence. Exception cleared


Buyer Comment (2024-11-12): Please see uploaded Appraisal delivery and Acknowledgment


Buyer Comment (2024-11-12): Appraisal
 11/14/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631228 [Redact] [Redact]   32459503     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy Document does not reflects Hazard Insurance Premium amount.       Reviewer Comment (2024-11-26): Received updated 1003/1008/AUS and Escrow disclosure with change in HOI amount. Exception Cleared


Buyer Comment (2024-11-25): IEADS, 1003, AUS & 1008


Reviewer Comment (2024-11-22): Received PCCD with corrected escrow amount for Hazard Insurance Premium. required Initial Escrow Account Disclosure Statement, Final 1003, Final 1008 & AUS to be updated the annual hazard premium. exception remains.


Buyer Comment (2024-11-20): PCCD


Reviewer Comment (2024-11-14): Received HOI policy with Annual premium of [Redact]/Annual or  [Redact]/monthly which does not match with Lender used amount of [Redact]/Annual or [Redact]/monthly for qualification. Exception Remains


Buyer Comment (2024-11-12): HOI with premium
 11/26/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631229 [Redact] [Redact]   32459505     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Supporting document to confirm the property located at "[Redact]" is free and clear is missing in file. Missing evidence of insurance for Insurance verification for property located at "[Redact]" is missing in file.       Reviewer Comment (2024-11-22): [Redact] - Insurance verification shows Mortgagee clause as None confirm no mortgage on the property. additionally [Redact] is vacant land no insurance require. Exception cleared


Buyer Comment (2024-11-20): [Redact] is Land Only


Buyer Comment (2024-11-20): Hazard insurance  D0248 pg 369 also reflects None for Mortgagee for [Redact]
 11/22/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   D A D A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631229 [Redact] [Redact]   32459507     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Updated Loan Underwriting and Transmittal Summary (1008) reflecting correct Insurance amount is required       Reviewer Comment (2024-11-14): Insurance amount is correct. DTI difference is within tolerance. 1008 29.451% vs audit 28.226%


Buyer Comment (2024-11-13): Per Lender: The insurance reflected on the 1008 is correct - it is for the primary residence located at [Redact] - annual amount is [Redact]. The subject property is a 2nd home so the full payment and all other debt is listed on the "all other monthly payments" line of the 1008. the insurance amount is correct for the subject property.
 11/14/2024     1 C A C A C A C A D A   [Redact] Second Home Purchase   D A D A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631229 [Redact] [Redact]   32459508     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. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2024-11-14): Original appraisal provided.


Buyer Comment (2024-11-13): Appraisal report
 11/14/2024     1 B A B A B A B A B A   [Redact] Second Home Purchase   D A D A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631230 [Redact] [Redact]   32459510     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 Verification appraisal was delivered to borrower was not provided. not provided.       Reviewer Comment (2024-11-21): Received Original appraisal and acknowledgement of Appraisal receipt signed after original report date confirm as Appraisal delivery. Exception Cleared


Buyer Comment (2024-11-19): Appraisal


Buyer Comment (2024-11-19): Appraisal delivery
 11/21/2024     1 B A B A B A B A B A   [Redact] Investment Refinance - Rate/Term   B A A A B A A A   N/A No
222631231 [Redact] [Redact]   32459512     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Verbal Verification of Employment for Coborrower within 10 business days of Note date is missing in file.       Reviewer Comment (2024-11-22): Received VVOE for Borrower [Redact]. Exception cleared


Buyer Comment (2024-11-20): VOE
 11/22/2024     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
222631233 [Redact] [Redact]   32459515     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. -         Reviewer Comment (2024-11-25): Received Lender certification and attestation confirm Condo is warrantable. Exception Cleared


Buyer Comment (2024-11-21): Cert
 11/25/2024     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
222631234 [Redact] [Redact]   32459518     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Post Disaster Inspection report D0437 provided in the file; however, Inspection date [Redact] is prior to Disaster end date [Redact].       Reviewer Comment (2024-11-29): Received updated inspection report dated [Redact] confirm no property damages. Exception Cleared


Buyer Comment (2024-11-27): Disaster Inspection
 11/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222631236 [Redact] [Redact]   32459525     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - A VVOE within 10 days of note not found at time of review.       Reviewer Comment (2024-11-18): VOEs provided.


Buyer Comment (2024-11-17): VOE dated [Redact] in file D0347 and D0345 is within 10 business days of the Note Date [Redact]. Please clear.
 11/18/2024     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
222631238 [Redact] [Redact]   32459530     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 disclosed as [Redact] on Final LE and [Redact] on Final CD. File does not contain a valid COC for this fee.       Reviewer Comment (2024-12-03): [Redact] Received Corrected PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2024-12-02): LOE, PCCD, refund check and tracking
   12/03/2024   2 C B C B C B C B C B   [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 C A Non QM Non QM Yes
222631238 [Redact] [Redact]   32459531     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal states under construction, subject to completion, form 442 not found at time of review.       Reviewer Comment (2024-11-29): Received 442 with photo. exception cleared.


Buyer Comment (2024-11-27): Final Inspection
 11/29/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C B A A C B C A Non QM Non QM No
222631239 [Redact] [Redact]   32459533     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		   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 Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

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

The 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 is above 680.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-11-21): Inspection after disaster confirms no damage, done prior to end date.
     11/21/2024 2 B B B B B B B B B B   [Redact] Second Home Purchase   B B B B A A A A Non QM Non QM No
222631241 [Redact] [Redact]   32459542     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 Higher Priced QM (APOR). Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). Loan may be re-designated to HPQM upon request.       Reviewer Comment (2024-12-05): HPQM allowed.


Buyer Comment (2024-12-03): Please re-designate to HPQM
 12/05/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
222631241 [Redact] [Redact]   32459544     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). HPQM allowed       Buyer Comment (2024-12-06): Acknowledged non material
     12/06/2024 2   A   B   B   B   A   [Redact] Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
222631242 [Redact] [Redact]   32459545     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Provide verification that [Redact] payment on primary residence to [Redact] was paid within month due.       Reviewer Comment (2024-12-05): Received pay history of [Redact]#[Redact] reflecting payment cleared till [Redact]. exception cleared.


Buyer Comment (2024-12-04): pay history
 12/05/2024     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
222631247 [Redact] [Redact]   32459609     Credit Credit Miscellaneous Guideline Credit Exception:   Require DSCR Calculation Worksheet detailing the DSCR calculation as per guidelines       Reviewer Comment (2024-10-28): Lender confirmed there DSCR was 1.44 per 1008 even though rate locked DSCR was 1.25 and review DSCR is 1.14 and investor expected DSCR is 1.13.


Reviewer Comment (2024-10-24): UW comment do reflects only 1.44 but not the calculation. please provide DSCR calculation worksheet. Exception remains.


Buyer Comment (2024-10-23): comment from lender: UW put DSCR calculations under UW Comments on 1008
 10/28/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C B C B A A A A   N/A No
222631247 [Redact] [Redact]   32459610     Credit Credit Miscellaneous Guideline Credit Exception:   The subject is a Rural zoned property is ineligible per the guidelines. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. 30 vs 3 SitusAMC,Aggregator Reviewer Comment (2024-10-28): Investor accepts and agrees to waive with compensating factors.


Buyer Comment (2024-10-28): Please see attached exception.
     10/28/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B A A A A   N/A No
222631247 [Redact] [Redact]   32459611     Credit Credit Miscellaneous Guideline Credit Exception:   Provide an updated final 1003 showing question A as No. The borrower will not occupy the subject property.       Reviewer Comment (2024-10-24): Received updated 1003. exception cleared


Buyer Comment (2024-10-22): 1003
 10/24/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C B C B A A A A   N/A No
222631249 [Redact] [Redact]   32459616     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   DSCR Calculation Worksheet is required and was not provided.       Reviewer Comment (2024-11-25): Received 1008 with DSCR calculation. exception cleared


Buyer Comment (2024-11-22): 1008 in lieu of DSCR Worksheet
 11/25/2024     1 C A C A C A C A D A   [Redact] Investment Purchase   D A D A A A A A   N/A No
222631249 [Redact] [Redact]   32459617     Credit Credit Miscellaneous Guideline Credit Exception:   Missing evidence of the [Redact] payment for the borrower's primary residence [Redact] #[Redact].       Reviewer Comment (2024-12-02): Received Updated Credit report confirm [Redact] payment made by borrower. Exception cleared


Buyer Comment (2024-11-29): Credit supplement
 12/02/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D A D A A A A A   N/A No
222631250 [Redact] [Redact]   32459620     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation is missing in file for [Redact]       Reviewer Comment (2024-11-26): Received Articles of Organization and amendment of Organization with change Business name from [Redact] to [Redact]. Exception Cleared


Buyer Comment (2024-11-23): Articles of organization
 11/26/2024     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
222631250 [Redact] [Redact]   32459622     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement is missing in file for Insurance [Redact]       Reviewer Comment (2024-11-26): Received Operating agreement for [Redact]. Exception Cleared


Buyer Comment (2024-11-23): Operating Agreement
 11/26/2024     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
222631250 [Redact] [Redact]   32459623     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   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 (2024-12-06): CPA letter received exception cleared


Buyer Comment (2024-12-05): CPA letter
 12/06/2024     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
222631250 [Redact] [Redact]   32459624     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 (2024-11-21): Acknowledged as non-material.
     11/21/2024 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
222631251 [Redact] [Redact]   32459626     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Provide the two most recent bank statements showing consecutive rental payments.       Reviewer Comment (2024-12-09): Received two months proof of rental payment. Exception Cleared.


Buyer Comment (2024-12-07): proof of rental payment received
 12/09/2024     1 C A C A C A C A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A A A A A   N/A No
222631251 [Redact] [Redact]   32459627     Credit Credit Miscellaneous Guideline Credit Exception:   Provide proof of payment for the [Redact] payment for the primary residence at [Redact].       Reviewer Comment (2024-12-05): Received [Redact] payment verification, Servicer transfer from [Redact] to [Redact].  Exception Cleared


Buyer Comment (2024-12-03): borrower refinance this loan
 12/05/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   D A D A A A A A   N/A No
222631253 [Redact] [Redact]   32459630     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 (2024-11-27): Received appraisal Delivery Evidence Exception Cleared


Buyer Comment (2024-11-26): Appraisal delivery
 11/27/2024     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
222631254 [Redact] [Redact]   32459633     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 (2024-12-05): Documentation to clear not provided. Acknowledged as non-material based on info provided in LOE.
     12/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D A B B A A   N/A No
222631254 [Redact] [Redact]   32459634     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. The file was missing evidence the Right to Receive Copy of Appraisal Disclosure was provided to borrower within 3 days of initial application.       Buyer Comment (2024-12-05): Loan agreement dated [Redact] applciation [Redact], acknowledged as non-material.


Buyer Comment (2024-12-05): LOE
     12/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D A B B A A   N/A No
222631254 [Redact] [Redact]   32459635     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Missing DSCR Calculation Worksheet detailing the DSCR calculation.       Reviewer Comment (2024-12-02): Received DSCR worksheet. exception cleared


Buyer Comment (2024-11-29): DSCR Calc
 12/02/2024     1 C A C A C A C A D A   [Redact] Investment Purchase   D B D A B B A A   N/A No
222632241 [Redact] [Redact]   32463526     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 (2024-10-30): Lender acknowledged non material EV2


Buyer Comment (2024-10-30): Lender response
     10/30/2024 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
222662302 [Redact] [Redact]   32493649     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 disclosure signed at closing states they either waived or chose to receive the appraisal 3 days prior to closing. There is no waiver signed  by the borrower is in the file. Missing confirmation of the borrower receipt for the appraisal sent on [Redact].       Buyer Comment (2024-12-05): B grade is acceptable
     12/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A N/A N/A No
222662302 [Redact] [Redact]   32493650     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 disclosure signed at closing states they either waived or chose to receive the appraisal 3 days prior to closing. There is no waiver signed  by the borrower is in the file. Missing confirmation of the borrower receipt for the appraisal sent on [Redact].       Buyer Comment (2024-12-05): B grade is acceptable
     12/05/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   B B A A B B A A N/A N/A No
222662304 [Redact] [Redact]   32493654     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]). Loan file is missing the information regarding the undiscounted rate and associated price to determine if any of the discount points can be considered bonafide.       Reviewer Comment (2024-12-05): Non QM loan
 12/05/2024     1 B A B A B A B A B A   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B B B B A A A Non QM Non QM Yes
222662304 [Redact] [Redact]   32493657     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Approval in file approving the use of Borrowers EAD document with less than 12 Months to Expire date. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Reserves: 41.02
Guideline Requirement: 6.00		 Originator,SitusAMC Reviewer Comment (2024-12-05): Client elects to downgrade and waive based on the following compensating factors:

Borrower is a long term homeowner

Borrrower FICO is 709
Guideline FICO requirement is 700
     12/05/2024 2 B B B B B B B B B B   [Redact] Primary Purchase   B B B B B A A A Non QM Non QM No
222662305 [Redact] [Redact]   32493660     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2024-11-22): Final title provided
 11/22/2024     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
222662305 [Redact] [Redact]   32493661     Credit Loan Package Documentation Closing / Title Loan Package Documentation Title Error: Title vesting does not concur with deed   The loan is a refinance, and the current vested is, [Redact]., which does not match the borrower on this loan. There is nothing in the file to confirm ownership between the borrower and the vested entity.       Reviewer Comment (2024-11-27): Bylaws. Guarantor owns 90%


Buyer Comment (2024-11-25): Bylaws uploaded


Reviewer Comment (2024-11-22): Bylaws not provided


Buyer Comment (2024-11-20): Revised Title commitment uploaded reflecting vesting in the borrowers name
 11/27/2024     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
222662305 [Redact] [Redact]   32493662     Credit Credit Miscellaneous Guideline Credit Exception:   The loan is a refinance, and the lease agreement is in the name of [Redact]., which does not match the borrower on this loan. There is nothing in the file to confirm ownership between the borrower and the vested entity.       Reviewer Comment (2024-11-27): Bylaws provided to confirm ownership


Buyer Comment (2024-11-25): [Redact] Bylaws were provided on page 236-241 of original loan file. Bylaws provided again.


Reviewer Comment (2024-11-22): Bylaws not provided


Buyer Comment (2024-11-20): [Redact] is the borrowers LLC that vesting was previously in. Bylaws were provided in original loan submission file


Buyer Comment (2024-11-20): Uploaded revised title commitment
 11/27/2024     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
222662309 [Redact] [Redact]   32493672     Credit Credit Miscellaneous Guideline Credit Exception:   Missing a 24-month chain of title to confirm the cash out seasoning requirements.       Reviewer Comment (2024-11-27): 24 month title chain provided, transferred ownership on [Redact], exception cleared.
 11/27/2024     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
222662311 [Redact] [Redact]   32493675     Credit Business Purpose General Business Purpose Missing Document: Spousal Consent not provided. - Borrower's marital status is married, but Spousal Consent form is missing and is required by statute.       Reviewer Comment (2024-11-29): Non Permanent resident. Exception cleared


Buyer Comment (2024-11-26): Spousal consent is not applicable.


Buyer Comment (2024-11-26): This is a business purpose loan and not a homestead property loan. Spousal is not applicable.
 11/29/2024     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
222662312 [Redact] [Redact]   32493677     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Corporate Resolution is missing.       Reviewer Comment (2024-12-03): Confirmed, OA shows evidence the member has binding authority to conduct business, exception cleared.


Buyer Comment (2024-11-27): the guidelines do not required corporate resolutions.  Corporate resolutions are use for Corporations (s-corp etc)  these companies will have a board of directors which this document comes from.  An LLC uses an Operating agreement which we have.
 12/03/2024     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
222662312 [Redact] [Redact]   32493678     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Missing OFAC for business entity.       Reviewer Comment (2024-12-03): OFAC search provided, original date [Redact], exception cleared.


Buyer Comment (2024-11-27): Uploaded OFAC.
 12/03/2024     1 C A C A C A C A D A   [Redact] Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
222662314 [Redact] [Redact]   32493680     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		 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 (2024-11-26): Appraisal in file was completed on [Redact]. The appraiser inspected interior and exterior on [Redact]. FEMA disaster occurred on [Redact]. Exception cleared.
 11/26/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   D B D B     A A   N/A No
222662314 [Redact] [Redact]   32493682     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   File is missing housing history for primary residence.   Payment history in file for primary residence is not in the borrower's name.       Reviewer Comment (2024-12-02): Exception cleared per lender exception notes stating borrower spouse owns residence.


Buyer Comment (2024-11-26): There is a LOE in file explaining why it is not in the borrower's name.
 12/02/2024     1 C A C A C A C A D A   [Redact] Investment Purchase   D B D B     A A   N/A No
222662314 [Redact] [Redact]   32493683     Credit Credit Credit Eligibility Credit Borrower has open Tradelines which are less than the minimum required by guidelines. - Open Tradelines: ___ Borrower has one 1 open active tradeline less than 12 months. and borrower only has 2 credit scores. Approved lender exception in file with compensating factors Post-closing reserves >12 months and FICO > 10pts above requirement. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DSCR on the loan is greater than the guideline minimum.		 Borrower's Own Funds Percent: 45.57%
Borrower's Own Funds Amount: [Redact]

The DSCR of 1.12% is greater than the minimum required DSCR of 1.00%		 Originator,SitusAMC

SitusAMC,Originator		 Reviewer Comment (2024-11-26): Client elects to waive and downgrade with the following compensating factors:

Borrowers Post closing reserves are greater than 12 months required.
FICO > 10 pts above requirements.
     11/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
222662314 [Redact] [Redact]   32493684     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception: The borrower spouse owns primary residence but borrower is not on title and considered a 1st time homebuyer. Approved with no additional hit. OK for spouse owned primary to satisfy FTHB requirement. Compensatiig factors: Post- closing reserves >12 months, FICO >10pts above requirement. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and [Redact].

The qualifying DSCR on the loan is greater than the guideline minimum.		 Borrower's Own Funds Percent: 45.57%
Borrower's Own Funds Amount: [Redact]

The DSCR of 1.12% is greater than the minimum required DSCR of 1.00%		 Originator,SitusAMC

SitusAMC,Originator		 Reviewer Comment (2024-11-26): Client elects to waive and downgrade with the following compensating factors:

Borrowers Post closing reserves are greater than 12 months required.
FICO > 10 pts above requirements.
     11/26/2024 2 B B B B B B B B B B   [Redact] Investment Purchase   D B D B     A A   N/A No
222662315 [Redact] [Redact]   32493690     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 consummation date of [Redact].       Reviewer Comment (2024-12-06): Updated HOI provided


Buyer Comment (2024-12-03): Uploaded Dec Page.
 12/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222662317 [Redact] [Redact]   32493692     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		 The subject property is located in a FEMA Disaster area. A post-disaster inspection verifying there was no damage to the subject property is required. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster [Redact]. SitusAMC Reviewer Comment (2024-12-02): The subject property is located in a FEMA Disaster area. A post-disaster inspection verifying there was no damage to the subject property is required.
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster [Redact]. Exception waived.


Reviewer Comment (2024-12-02): Catastrophic Disaster Area Property Inspection report dated [Redact] in located in the file.
     12/02/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222662319 [Redact] [Redact]   32493695     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   1007 Rent Comparison Schedule is missing in file.       Reviewer Comment (2024-12-06): Received [Redact] rent comparison, exception cleared.


Buyer Comment (2024-12-03): Uploaded [Redact].
 12/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222662319 [Redact] [Redact]   32493698     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   Missing the comparable rent schedule to confirm the DSCR calculation.       Reviewer Comment (2024-12-06): [Redact] provided


Buyer Comment (2024-12-03): Uploaded [Redact].
 12/06/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222662322 [Redact] [Redact]   32493703     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%. Lender exception approved at origination for 80% LTV on a short-term rental. Compensating factors were cited as long term homeowner and FICO > 10 points above requirement. The appraisal in the file reflects the appraised value to be [Redact], not [Redact], per lender exception approval. Per matrix, the LTV can go up to 80%. Borrower's Experience/Track Record FICO 728 SitusAMC,Originator Reviewer Comment (2024-12-03): FICO 728, client elects to downgrade and waive.
     12/03/2024 2 C B C B C B C B C B   [Redact] Investment Purchase   C B C B     A A   N/A No
222662323 [Redact] [Redact]   32493707     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   The rider in file is not for this transaction.       Reviewer Comment (2024-12-09): Rider provided


Buyer Comment (2024-12-04): Complete Mortgage with PUD rider uploaded
 12/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222662326 [Redact] [Redact]   32493715     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception approved at origination for Borrower eligibility. Broker is doing her own loan with another originator from her office. Compensating factor of Non-arm's length transaction on NONI was cited. The representative FICO score exceeds the guideline minimum by at least 40 points. Non-arms length transaction on NONI Originator Pre-Close,SitusAMC Reviewer Comment (2024-12-03): Client elects to down grade and waive using compensating factors
Non-arms length transaction on NONI
     12/03/2024 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
222662326 [Redact] [Redact]   32493716     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The certificate in file is not dated to confirm the pull/expiration date.       Reviewer Comment (2024-12-09): COGs provided


Buyer Comment (2024-12-04): Certificate of Fact uploaded
 12/09/2024     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
222662328 [Redact] [Redact]   32493717     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Signed application is missing for Guarantor [Redact].       Reviewer Comment (2024-12-09): Per guide co-borrower not required, exception cleared.


Buyer Comment (2024-12-09): Push back sent 3 days ago, please provide an clearance or update to condition


Buyer Comment (2024-12-04): Per management, co-borrower not required to sign being that it's being signed as an entity. Please clear
 12/09/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222686308 [Redact] [Redact] [Redact] 32546134     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-02-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-02-06): (Rate Lock) [Redact]
 02/07/2025     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
222686308 [Redact] [Redact] [Redact] 32777424     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             02/04/2025 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
222686308 [Redact] [Redact] [Redact] 32777426     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 5.00000% of the Original Loan Amount and [Redact] (2025). FNMA Finance Charge total [Redact] on a Original Loan Amount of [Redact] vs. an allowable total of [Redact] and [Redact] (2025) (an overage of [Redact] or [Redact]).         Reviewer Comment (2025-02-04): Client elected to waive the condition
     02/04/2025 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
222686583 [Redact] [Redact] [Redact] 32546230     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-08): (Rate Lock) [Redact]
 01/14/2025     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
222686585 [Redact] [Redact] [Redact] 32546234     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
222686585 [Redact] [Redact] [Redact] 32586291     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.               01/07/2025 2 B B B B B B B B B B   [Redact] Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
222686585 [Redact] [Redact] [Redact] 32586293     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 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 (2025-01-07): Sufficient Cure Provided At Closing
   01/07/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222686585 [Redact] [Redact] [Redact] 32586294     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. Second Appraisal Fee was last disclosed as [Redact] on Loan Estimate but disclosed as [Redact] on Final Closing Disclosure dated [Redact]. File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2025-01-07): Sufficient Cure Provided At Closing
   01/07/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222686585 [Redact] [Redact] [Redact] 32586295     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. Transfer Tax Fee was last disclosed as [Redact] on Loan Estimate but disclosed as [Redact] on Final Closing Disclosure dated [Redact]. File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2025-01-07): Sufficient Cure Provided At Closing
   01/07/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222686590 [Redact] [Redact] [Redact] 32546240     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-08): (Rate Lock) [Redact]
 01/14/2025     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
222686591 [Redact] [Redact] [Redact] 32546241     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32604966     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -         Reviewer Comment (2025-01-14): Received 1004D. Exception Cleared.


Seller Comment (2025-01-13): Attached the completed 1004D.
 01/14/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32605115     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.               01/09/2025 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32605128     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redact] disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [Redact]).  The disclosed Total of Payments in the amount of [Redact] is under disclosed by [Redact] compared to the calculated total of payments of [Redact] which exceeds the [Redact] threshold. Final Closing Disclosure provided on [Redact] disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [Redact]). The disclosed Total of Payments in the amount of [Redact] is under disclosed by [Redact] compared to the calculated total of payments of [Redact] which exceeds the [Redact] threshold       Reviewer Comment (2025-01-27): [Redact] received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD.


Seller Comment (2025-01-24): Missing cure docs


Seller Comment (2025-01-24): (Rate Lock) Missing trailing docs


Seller Comment (2025-01-24): [Redact] - This exception was cured per exception [Redact] - all documentation was uploaded to [Redact] and [Redact] for [Redact] refund to the borrower.  Reviewer Comment ([Redact]): [Redact] received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD.  [Redact] - Uploaded LOX, Copy of Refund Check, PCCD & Copy of [Redact] Tracking Label # [Redact] to the borrower.  Proof of Receipt will be uploaded once delivered to borrowers.
   01/27/2025   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, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
222686591 [Redact] [Redact] [Redact] 32607683     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 (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure C B C A C B C A Non QM Non QM Yes
222686591 [Redact] [Redact] [Redact] 32608309     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2025-01-23): Received Tax Cert & Vacation Rental Income Statement. Exception Cleared.


Seller Comment (2025-01-22): Attached the Taxes and 12 Months Remittance Statements for [Redact], the UW took the average for the monthly income per guidelines.   LOE for [Redact] income for [Redact] and [Redact]. [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact][Redact] [Redact] [Redact] [Redact] [Redact] Average [Redact].


Seller Comment (2025-01-22): DOCS


Reviewer Comment (2025-01-14): Rent amount not able to verify from short term listing proof present in file and also tax verification required. Exception Remains.


Seller Comment (2025-01-13): For the property located at [Redact], The No HOA Letter is found on page 527 of [Redact], Short Term Listing proof is on page 1656 of [Redact], the HOI is on page 1441 of [Redact] and the Tax Please Cancel.
 01/23/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32608385     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2025-01-31): Upon further review, the stock account balance was > 20% more than the amount of funds needed to close and proof of liquidation is not required.  Guidelines refer to the FNMA selling guide for asset requirements.


Seller Comment (2025-01-30): Per our guidelines and [Redact] Training Team - For Assets Utilization IF we use the assets as income, then we need to reduce them for assets but  the selling guide and matrix doesn't say that assets have to be reduced if they are only being used as cash to close/reserves so we would default to Fannie Guide on these assets witch states "When used for the down payment or closing costs, if the value of the asset (as determined above) is at least 20% more than the amount of funds needed for the down payment and closing costs, no documentation of the borrower's actual receipt of funds realized from the sale or liquidation is required. Otherwise, evidence of the borrower's actual receipt of funds realized from the sale or liquidation must be documented."  We need [Redact] dollars from that account to close.  After taking out the reserves they still have over 120% of needed cash to close in that account so by Fannie definition we don't need to liquidate.  Please Cancel.


Reviewer Comment (2025-01-23): [Redact] account cannot be used 100% for reserves only as Cash to Close required is [Redact]. With Using 100% for reserves only there is a shortage of assets of [Redact]. Hence, 70% value considered for qualification as liquidation proof is missing. Required additional assets to met the reserves requirement. Exception Remains.


Seller Comment (2025-01-22): Per the guidelines, "When used for reserves, 100% of the value of the assets (as determined above) may be considered, and liquidation is not required."  Please Cancel.


Reviewer Comment (2025-01-14): As per guideline, stocks considered as 70%. Exception Remains.


Seller Comment (2025-01-13): On Page 998 of [Redact] it shows that they have 100% Equity in the account with [Redact].  Please Cancel.
 01/31/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32608607     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. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2025-01-27): Verification of rental income for the REO provided
 01/27/2025     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM status C B C A C B C A Non QM Non QM Yes
222686591 [Redact] [Redact] [Redact] 32608608     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. The file is missing the lease agreement to verify the rental income used to qualify.       Reviewer Comment (2025-01-27): Verification of rental income for the REO provided
 01/27/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32608609     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. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2025-01-31): Upon further review, the stock account balance was > 20% more than the amount of funds needed to close and proof of liquidation is not required.  Guidelines refer to the FNMA selling guide for asset requirements.
 01/31/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32608610     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2025-01-27): Verification of rental income for the REO provided
 01/27/2025     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C A C B C A Non QM Non QM No
222686591 [Redact] [Redact] [Redact] 32714830     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.         Reviewer Comment (2025-01-31): Upon further review, the stock account balance was > 20% more than the amount of funds needed to close and proof of liquidation is not required.  Guidelines refer to the FNMA selling guide for asset requirements.
 01/31/2025     1   A   A   A   A   A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B C A Non QM Non QM Yes
222697152 [Redact] [Redact] [Redact] 32565396     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697152 [Redact] [Redact] [Redact] 32606547     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.         Reviewer Comment (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   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
222697181 [Redact] [Redact] [Redact] 32565533     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697181 [Redact] [Redact] [Redact] 32605087     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.             01/09/2025 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
222697181 [Redact] [Redact] [Redact] 32605139     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 is located in a FEMA disaster area with a declaration date of [Redact].  A disaster declaration end date has not been identified yet. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-02-06): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2025-02-05): Attached the PDI
     02/06/2025 2 C B C B C B C B C B   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
222697181 [Redact] [Redact] [Redact] 32673449     Credit Credit Miscellaneous Guideline Credit Exception:   Assets from non-borrowing spouse used to meet reserve requirements.  Client exception approval is missing from the 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%.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 **DTI 39.76 is 10 below program maximum (50).

**Job stability 10+ years.

**Borrower is reducing subject housing payment obligation from [Redact] to [Redact] monthly ([Redact]).		 SitusAMC,Originator Pre-Close,Aggregator

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC

Originator Pre-Close,Aggregator,SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2025-01-21): Client elected to waive the condition with the following Compensating Factors:
**Borrower is reducing subject housing payment obligation from [Redact] to [Redact] monthly ([Redact]; 25).
**DTI 39.76 is 10 below program maximum (50).
**Job stability 10+ years.


Seller Comment (2025-01-21): Attached the Client Approved exception.
     01/21/2025 2   B   B   B   B   B   [Redact] Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
222697468 [Redact] [Redact] [Redact] 32565608     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222697468 [Redact] [Redact] [Redact] 32596372     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.                 01/08/2025 2 B B B B B B B B B B   [Redact] Primary Purchase   C B C B A A A A Non QM Non QM No
222697468 [Redact] [Redact] [Redact] 32596377     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of Insurance Verification and Tax Verification.       Reviewer Comment (2025-01-14): Tax and Insurance escrowed with mortgage. Exception Cleared.


Seller Comment (2025-01-13): The Insurance Verification and Tax Verification for the property at [Redact] is on page 1126, the taxes and Insurance are escrowed.  Please Cancel.
 01/14/2025     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
222697566 [Redact] [Redact] [Redact] 32565814     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697566 [Redact] [Redact] [Redact] 32595459     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 that does not have a declared end date.  The appraisal was performed after the FEMA declaration start date but prior to the declared end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-08): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     01/08/2025 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
222697575 [Redact] [Redact] [Redact] 32565839     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222697575 [Redact] [Redact] [Redact] 32614764     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-10): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     01/10/2025 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
222697589 [Redact] [Redact] [Redact] 32565862     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697589 [Redact] [Redact] [Redact] 32592714     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. The  Credit Report Fee Amount was disclosed to the borrower on the LE as [Redact],however the final CD shows the fee as [Redact]. There was a lender credit of [Redact] to cover the cost to cure.       Reviewer Comment (2025-01-08): Sufficient Cure Provided At Closing
   01/08/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
222697624 [Redact] [Redact] [Redact] 32566143     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697639 [Redact] [Redact] [Redact] 32566216     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222697639 [Redact] [Redact] [Redact] 32614842     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.             01/10/2025 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
222697639 [Redact] [Redact] [Redact] 32614843     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.             01/10/2025 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
222697683 [Redact] [Redact] [Redact] 32566250     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697683 [Redact] [Redact] [Redact] 32602264     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 Desk Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess 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 (2025-01-09): Sufficient Cure Provided within 60 Days of Closing
   01/09/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term 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) A A A A A A A A Non QM Non QM Yes
222697693 [Redact] [Redact] [Redact] 32566295     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697697 [Redact] [Redact] [Redact] 32566331     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697697 [Redact] [Redact] [Redact] 32607762     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 (2025-01-13): Received RCE. Exception Cleared.


Seller Comment (2025-01-13): Please see email from [Redact] insurance on page 297 of [Redact] that states we are at 100% of the dwellings RCE Value and please refer to the binder for the RCE Value.  Please Cancel.
 01/13/2025     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
222697698 [Redact] [Redact] [Redact] 32566355     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222697698 [Redact] [Redact] [Redact] 32616672     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   The PUD rider in file was not executed.       Reviewer Comment (2025-01-15): Received PUD rider. Exception Cleared.


Seller Comment (2025-01-14): Attached the signed PUD Rider.
 01/15/2025     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
222697699 [Redact] [Redact] [Redact] 32566394     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697699 [Redact] [Redact] [Redact] 32595202     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.               01/08/2025 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
222697700 [Redact] [Redact] [Redact] 32566405     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222697700 [Redact] [Redact] [Redact] 32615358     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Loan Underwriting and Transmittal Summary (1008) / MCAW is missing in file.       Reviewer Comment (2025-01-15): Received 1008. Exception Cleared.


Seller Comment (2025-01-14): Attached the Final 1008
 01/15/2025     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
222697700 [Redact] [Redact] [Redact] 32615389     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 (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   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
222697700 [Redact] [Redact] [Redact] 32616743     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.             01/10/2025 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
222697700 [Redact] [Redact] [Redact] 32616744     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.             01/10/2025 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
222697700 [Redact] [Redact] [Redact] 32618688     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 (2025-01-15): Received Project Approval. Exception Cleared.


Seller Comment (2025-01-14): Attached the Condo Review Form.
 01/15/2025     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
222697701 [Redact] [Redact] [Redact] 32566417     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
222697701 [Redact] [Redact] [Redact] 32604642     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: ___		 Updated condition:  Subject is located in a FEMA disaster area with a declaration date of [Redact].  A disaster declaration end date has not been identified yet. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-22): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.


Seller Comment (2025-01-22): Attached the Disaster Inspection.
     01/22/2025 2 C B C B C B C B C B   [Redact] Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
222697701 [Redact] [Redact] [Redact] 32604668     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 (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Rate/Term Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
222697702 [Redact] [Redact] [Redact] 32566432     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Purchase   C B B B C A A A Non QM Non QM No
222697702 [Redact] [Redact] [Redact] 32605148     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]             01/09/2025 2 B B B B B B B B B B   [Redact] Primary Purchase   C B B B C A A A Non QM Non QM No
222697702 [Redact] [Redact] [Redact] 32605435     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. List of Homeownership Counseling Organizations not provided to applicant within three business days of application.       Reviewer Comment (2025-01-16): Documentation in file and rebuttal confirmed a later application date


Seller Comment (2025-01-15): [Redact] - Uploaded LOX to [Redact] with response from[Redact].  "They are using an application date for a pre-approval dated [Redact] which we called out as well. That application did not have a property address yet and once the property was chosen we used that date of [Redact] for an application with the property address on it and cleared the exception."  There is no timing violation.  Please review and clear exception.
 01/16/2025     1 B A B A B A B A B A   [Redact] Primary Purchase   C B B B C A A A Non QM Non QM No
222697702 [Redact] [Redact] [Redact] 32605436     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. Loan Estimate not delivered or placed in the mail to Borrower within three business days of application       Reviewer Comment (2025-01-16): [Redact] received detailed rebuttal comment and supporting [Redact] application present in the loan file with 6 pieces of information.


Seller Comment (2025-01-15): [Redact] - Uploaded LOX to [Redact] with response from [Redact].  "They are using an application date for a pre-approval dated [Redact] which we called out as well. That application did not have a property address yet and once the property was chosen we used that date of [Redact] for an application with the property address on it and cleared the exception."  There is no timing violation.  Please review and clear exception.
 01/16/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B B B C A A A Non QM Non QM No
222697738 [Redact] [Redact] [Redact] 32566546     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697741 [Redact] [Redact] [Redact] 32566579     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     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
222697741 [Redact] [Redact] [Redact] 32607571     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 Attorney Review Fee.  Fee Amount of [Redact] exceeds tolerance of [Redact].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   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 Non QM Non QM Yes
222697741 [Redact] [Redact] [Redact] 32608270     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             01/09/2025 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
222697741 [Redact] [Redact] [Redact] 32608271     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             01/09/2025 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
222697797 [Redact] [Redact] [Redact] 32566615     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697815 [Redact] [Redact] [Redact] 32566657     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697815 [Redact] [Redact] [Redact] 32596141     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.               01/08/2025 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
222697821 [Redact] [Redact] [Redact] 32566674     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222697821 [Redact] [Redact] [Redact] 32615142     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.             01/10/2025 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
222697821 [Redact] [Redact] [Redact] 32615144     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. Final Closing Disclosure [Redact] on a first lien purchase transaction did not disclose any Seller paid fees/charges       Reviewer Comment (2025-01-16): [Redact] received Seller CD.


Seller Comment (2025-01-15): Exception is invalid - HUD-1 in file at time of review, executed by both parties. doc# D0511
 01/16/2025     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
222698056 [Redact] [Redact] [Redact] 32567084     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-09): (Rate Lock) [Redact]
 01/14/2025     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
222698056 [Redact] [Redact] [Redact] 32594831     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable       Reviewer Comment (2025-01-13): Received Project Approval. Exception Cleared.


Seller Comment (2025-01-10): The Condo Questionnaire is found on page 840 of [Redact].  Please Cancel.
 01/13/2025     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
222698057 [Redact] [Redact] [Redact] 32567089     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     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
222698057 [Redact] [Redact] [Redact] 32598721     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. No documentation in the loan file to evidence borrower was provided with a copy of the appraisal at least 3 business days prior to closing.             01/09/2025 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
222698057 [Redact] [Redact] [Redact] 32598722     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. No documentation in the loan file to evidence borrower was provided with a copy of the appraisal at least 3 business days prior to closing.             01/09/2025 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
222698057 [Redact] [Redact] [Redact] 32598723     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 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 (2025-01-09): Client elected to waive the condition
     01/09/2025 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
222698059 [Redact] [Redact] [Redact] 32567092     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Purchase   C B A A B B C A Non QM Non QM No
222698059 [Redact] [Redact] [Redact] 32608552     Property Property - Appraisal Appraisal Data Integrity Property - Appraisal Appraiser's license or certification was not active at the time of the appraisal. - Valuation Report Date: [Redact]: Appraiser's license or certification was not active at the time of the appraisal.       Reviewer Comment (2025-01-27): Copy of the appraisers license in effect at the time of the inspection was provided


Seller Comment (2025-01-24): Attached the Print out showing the Original Issue Date of [Redact] and the Status has been active since [Redact].


Reviewer Comment (2025-01-15): The condition is valid, the effective date of the appraisal was [Redact] and the appraiser's license was not in effect until [Redact].  If the appraiser was licensed at or prior to the effective date, provide a copy of that license.  [Redact] shows an issue date and effective date of the license as [Redact].  Condition remains


Seller Comment (2025-01-15): The singed date on the appraisal is [Redact] and the Lic Exp date is [Redact] on page 1241 of [Redact].  On the 1004D the signed date of the Inspection is [Redact] and the Lic Exp date is [Redact] on page 1415 of [Redact].  Please Cancel.
 01/27/2025     1 C A C A C A C A C A   [Redact] Primary Purchase   C B A A B B C A Non QM Non QM No
222698059 [Redact] [Redact] [Redact] 32614473     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.               01/10/2025 2 B B B B B B B B B B   [Redact] Primary Purchase   C B A A B B C A Non QM Non QM No
222698060 [Redact] [Redact] [Redact] 32567098     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222698060 [Redact] [Redact] [Redact] 32604983     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 (2025-01-09): Client elected to waive the condition on the Non-QM 1st lien
     01/09/2025 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
222698060 [Redact] [Redact] [Redact] 32604986     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 (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   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 Non QM Non QM Yes
222698066 [Redact] [Redact] [Redact] 32567108     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     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
222698066 [Redact] [Redact] [Redact] 32604858     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 (2025-01-09): Client elected to waive the condition on the Non-QM 1st lien
     01/09/2025 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
222698066 [Redact] [Redact] [Redact] 32604860     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 (2025-01-09): Sufficient Cure Provided At Closing
   01/09/2025   1 A A A A A A A A A A   [Redact] Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
222703659 [Redact] [Redact] [Redact] 32578977     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222703659 [Redact] [Redact] [Redact] 32614219     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 (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
222703659 [Redact] [Redact] [Redact] 32614220     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 (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
222703665 [Redact] [Redact] [Redact] 32579010     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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 Exempt from ATR Exempt from ATR No
222703665 [Redact] [Redact] [Redact] 32614395     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.               01/10/2025 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 Exempt from ATR Exempt from ATR No
222710122 [Redact] [Redact]   32587837     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Require mortgage statement for REO "[Redact]" to verify mortgage payment includes tax and insurance escrows.       Reviewer Comment (2024-11-07): Received mortgage statement. exception cleared.


Buyer Comment (2024-11-05): mtg statement
 11/07/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
222710122 [Redact] [Redact]   32587838     Credit Income / Employment Income Documentation Income / Employment Large deposits were not sourced and/or letter of explanation was not provided.   Require LOE with source of funds for the large deposit made into [Redact]#[Redact] in the amount of [Redact] dated [Redact] & [Redact] dated [Redact].       Reviewer Comment (2024-11-07): Received source of large deposit funds. exception cleared.


Buyer Comment (2024-11-05): large deposit source
 11/07/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
222710122 [Redact] [Redact]   32587839     Credit Credit Miscellaneous Guideline Credit Exception:   Require letter from the accountant of the business where Business funds used from #[Redact], #[Redact] to confirm that the withdrawal will not negatively impact the business.       Reviewer Comment (2024-12-10): CPA letter provided.


Buyer Comment (2024-12-10): CPA letter


Reviewer Comment (2024-11-29): Received income calculation Worksheet. Require letter from the accountant of the business where Business funds used from #[Redact], #[Redact] to confirm that the withdrawal will not negatively impact the business. Exception Remains


Buyer Comment (2024-11-27): CFA
 12/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
222710122 [Redact] [Redact]   32587840     Credit Credit Miscellaneous Guideline Credit Exception:   Require Third Party Verification search with date stamp on document for "[Redact]", "[Redact]" and "[Redact]".       Reviewer Comment (2024-12-10): Received Verification for [Redact]. Exception Cleared


Buyer Comment (2024-12-07): verification "[Redact]",


Reviewer Comment (2024-11-29): Received Third party verification with date for [Redact], however still missing for "[Redact]" as provided Business verification name shows [Redact]. Exception remains


Buyer Comment (2024-11-27): TPV


Reviewer Comment (2024-11-21): Received Third party for "[Redact]" still require Third party verification with date stamp for "[Redact]" and "[Redact]" Exception remains.


Buyer Comment (2024-11-19): Disregard [Redact] doc 1 (duplicate [Redact] verification ). Other 2 docs are LARA for both corporations. You will see that I highlighted the date they were pulled.


Buyer Comment (2024-11-19): See attached


Reviewer Comment (2024-11-07): Received Third party verification for "[Redact]" within 10 calendar days of closing date but missing for "[Redact]" & "[Redact]" Exception remains.


Buyer Comment (2024-11-05): VOB and bus narrative
 12/10/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
222710122 [Redact] [Redact]   32587841     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 Exempt from ATR. Waterfall       Reviewer Comment (2024-12-10): CDFI lender
 12/10/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Exempt from ATR Yes
222710122 [Redact] [Redact]   32587842     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. Seller Closing Disclosure missing       Reviewer Comment (2024-11-19): [Redact] received Seller CD


Buyer Comment (2024-11-19): Seller CD
 11/19/2024     1 C A C A C A C A C A   [Redact] Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Exempt from ATR Yes
222710122 [Redact] [Redact]   32587843     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Evidence of receipt of bridge loan net funds.       Reviewer Comment (2024-11-21): Received wire transfer of funds. exception cleared.


Buyer Comment (2024-11-19): See attached


Buyer Comment (2024-11-19): Per lender Here is the outgoing wire for [Redact] [Redact]


Reviewer Comment (2024-11-07): Received HUD-1 for Bridge Loan from REO refinance. require evidence of deposit of funds of [Redact]. exception remains.


Buyer Comment (2024-11-05): bridge
 11/21/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
222710124 [Redact] [Redact]   32587846     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. The file was missing evidence the Right to Receive Copy of Appraisal Disclosure was provided to borrower within 3 days of initial application. Disclosure is dated [Redact] and the Application date is [Redact].       Reviewer Comment (2024-12-10): App date when all 6 pieces of information as present is [Redact].


Buyer Comment (2024-12-10): LOE - please re-review - the app date is [Redact], tbd until that date
 12/10/2024     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
222710133 [Redact] [Redact]   32587896     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report document is missing.       Reviewer Comment (2024-10-10): Fraud Report received. Exception cleared


Buyer Comment (2024-10-08): fraud
 10/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587899     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower current address is [Redact] (Primary) free & clear verification missing       Reviewer Comment (2024-10-15): HOI for Primary property does not listed Mortgagee clause confirmed  Property Free and cleared. Exception Cleared


Buyer Comment (2024-10-11): Per Lender: Hello There is no mortgage company listed om the HOI it is the name of the COOP Corp this shows proof owned Free and clear Can this condition be cleared? thank you


Buyer Comment (2024-10-11): comment from lender: Hello There is no mortgage company listed om the HOI it is the name of the COOP Corp this shows proof owned Free and clear Can this condition be cleared? thank you
 10/15/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587900     Credit Credit Miscellaneous Guideline Credit Exception:   Mortgage Loan Payoff Statement is missing for [Redact] [Redact].       Reviewer Comment (2024-10-10): Payoff Statement received. Exception Cleared


Buyer Comment (2024-10-08): [Redact] Payoff
 10/10/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587901     Credit Credit Miscellaneous Guideline Credit Exception:   Provide a current lease supported with two most recent bank statements showing consecutive rental payments.       Reviewer Comment (2024-10-22): Short term rental.


Buyer Comment (2024-10-22): This is STR income,  Please see transaction history provided.


Reviewer Comment (2024-10-10): Received rental pay history from [Redact] till [Redact].Require lease agreement and most recent rental payment evidence. Exception Remains


Buyer Comment (2024-10-08): statements
 10/22/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587902     Credit Credit Miscellaneous Guideline Credit Exception:   Provide a DSCR calculation worksheet detailing the DSCR calculation.       Reviewer Comment (2024-11-27): Received UW worksheet. Exception cleared.


Buyer Comment (2024-11-25): Per lender : 1003 to match 1008 to match & calc


Buyer Comment (2024-11-25): 1008


Buyer Comment (2024-11-25): 1003


Reviewer Comment (2024-11-19): Require most recent 12 months vacation rental history. and DSCR worksheet calculates 0.8798 DSCR. PITIA [Redact] and Rental Income [Redact] however unable to verify the underwriter calculation of average rental income of [Redact]. require supporting document to use correct DSCR on loan. exception remains.


Buyer Comment (2024-11-18): Rental breakdown for 12 months


Reviewer Comment (2024-11-12): We were only provided the [Redact] booking income and expenses for 2023. The monthly gross income is the average monthly rental income for the most recent 12 months.


Buyer Comment (2024-11-08): Rental income Calc  LOX


Reviewer Comment (2024-11-06): Provide the full 24 months of income the lender used and if it's not clear what they used, we need the breakdown of their calculations.


Buyer Comment (2024-11-06): Please explain what we are looking for? Rental calc shows they used the lessor  [Redact].


Reviewer Comment (2024-11-05): Received DSCR Calculation, but the rent amount mention on the underwriting worksheet is [Redact] and Comparable Rent Schedule is [Redact]. Exception Remains


Buyer Comment (2024-11-04): Calc


Reviewer Comment (2024-10-28): DSCR calculation worksheet provided. However, it does not show how the short term rental was calculated. The rental income document received are for [Redact] thru [Redact]. We need short term income for 2024 and the calculation the lender used.


Buyer Comment (2024-10-26): DSCR Income Calculator
 11/27/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587904     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.     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%.

Property inspected post disaster but pre-FEMA declaration of disaster end date.		 Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2024-12-03): PDI Inspection date [Redact], no damage. The disaster end date has not been declared.


Reviewer Comment (2024-10-28): PDI Inspection date [Redact], no damage. The disaster end date has not been declared.


Buyer Comment (2024-10-26): PDI
     12/03/2024 2   B   B   B   B   B   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710133 [Redact] [Redact]   32587906     Credit Missing Document General Missing Document Missing Document: Vacation Rental Income Statement ([Redact], [Redact], etc.) not provided   [ New exception arise due to document received ] Require most recent 12 months statements from the on-line service such as [Redact] or [Redact].       Reviewer Comment (2024-12-03): Statements provided.


Buyer Comment (2024-12-03): Online STR statements
 12/03/2024     1   A   A   A   A   A   [Redact] Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
222710134 [Redact] [Redact]   32587907     Credit Credit Miscellaneous Guideline Credit Exception:   Business Purpose Certificate is in file but not signed and dated by borrower.       Reviewer Comment (2024-12-13): Affidavit provided with signature.


Buyer Comment (2024-12-13): affidavit
 12/13/2024     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
222710134 [Redact] [Redact]   32587909     Credit Credit Miscellaneous Credit Borrower was not employed at the time of transaction   Require DSCR Calculation Worksheet detailing the DSCR calculation.       Reviewer Comment (2024-11-27): Received 1008 with DSCR ration matching. exception cleared.


Buyer Comment (2024-11-26): 1008


Reviewer Comment (2024-11-07): The same 1008 was uploaded showing the PITIA as [Redact]. The PITIA is [Redact] with a DSCR of 0.86


Buyer Comment (2024-11-06): Updated 1008 to reflect calculation/PITI


Reviewer Comment (2024-11-05): PITIA used in DSCR Calculation is incorrect. Subject PITIA is [Redact] where as 1008 noted [Redact]. which leads incorrect DSCR Calculation. Exception Remains


Buyer Comment (2024-11-01): This is a non income based loan. It is strictly based upon the rent vs PITI> I Have uploaded the 1008


Reviewer Comment (2024-10-30): Received 1008. On 1008 PITIA is [Redact], but as per the final 1003 PITIA is [Redact]. Exception Remains.


Buyer Comment (2024-10-26): see 1008 for calculations
 11/27/2024     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
222710134 [Redact] [Redact]   32587910     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2024-10-30): Received Tax Certificate. Exception Cleared


Buyer Comment (2024-10-26): Tax Cert
 10/30/2024     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
222710134 [Redact] [Redact]   32587911     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 that does not have a declared end date. Need a copy of post disaster inspection report.       Reviewer Comment (2024-11-07): Cleared. PDI Inspection date [Redact], no damage. Hurricane [Redact] disaster end date is [Redact].


Buyer Comment (2024-11-06): PDI
 11/07/2024     1   A   A   A   A   A   [Redact] Investment Purchase   C A C A A A A A   N/A No
222713894 [Redact] [Redact] [Redact] 32589373     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     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
222713894 [Redact] [Redact] [Redact] 32615140     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.         Reviewer Comment (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   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
222713894 [Redact] [Redact] [Redact] 32615153     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-10): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     01/10/2025 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
222713932 [Redact] [Redact] [Redact] 32589383     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): (Rate Lock) [Redact]
 01/14/2025     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
222713932 [Redact] [Redact] [Redact] 32615047     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. The Appraisal Fee was last disclosed as [Redact] on LE, however  the Final Closing Disclosure shows the fee as [Redact]. There is a lender credit of [Redact] to cover the cost to cure       Reviewer Comment (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   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
222715502 [Redact] [Redact]   32590498     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing verification of HOA monthly dues       Reviewer Comment (2024-12-13): Recevied HOA in trailing docs, exception cleared.


Buyer Comment (2024-12-11): HOA docs
 12/13/2024     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
222715502 [Redact] [Redact]   32590500     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 exceed maximum threshold of 3.00%. Allowable total amount is [Redact] and Final Closing Disclosure shows [Redact].       Reviewer Comment (2024-12-02): N/A for this loan
 12/02/2024     1 B A B A B A B A B A   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B C B C B A A Non QM Non QM Yes
222715502 [Redact] [Redact]   32590504     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. The application date is [Redact]. The date the disclosure was signed is [Redact].       Buyer Comment (2024-12-03): B grade acceptable
     12/03/2024 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
222715502 [Redact] [Redact]   32590505     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 ___. 1. Gift funds of [Redact] are not allowed when LTV exceeds 75% for 24-montb bank statement income. Subject loan LTV is 90.00%. Missing additional asset documentation to support 3 months PITIA reserves. Calculated PITIA months reserves of 3.46 is less than Guideline PITIA months reserves of 6.00. 2. Missing the [Redact] gift receipt. Borrower has been employed in the same industry for more than 5 years.

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.

DTI: 8.73518%
Guideline Maximum DTI: 43.00000%		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2024-12-06): Client elects to downgrade and waive based on the following compensating factors:
Borrower has been employed in the same industry for more than 5 years.
Representative DTI: 8.73518%
Guideline Maximum DTI: 43.00000%


Buyer Comment (2024-12-03): uploaded


Buyer Comment (2024-12-03): Approved exception uploaded


Buyer Comment (2024-12-03): for part #2 of missing gift receipt, wire already included in original upload, document 2144 D0751
     12/06/2024 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
222715502 [Redact] [Redact]   32590506     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. 1. Gift funds of [Redact] are not allowed when LTV exceeds 75% for 24-montb bank statement income. Subject loan LTV is 90.00%. Missing additional asset documentation to support 3 months PITIA reserves. Calculated PITIA months reserves of 3.46 is less than Guideline PITIA months reserves of 6.00. 2. Missing the [Redact] gift receipt.       Reviewer Comment (2024-12-06): Client elects to downgrade and waive based on the following compensating factors:
Borrower has been employed in the same industry for more than 5 years.
Representative DTI: 8.73518%
Guideline Maximum DTI: 43.00000%


Buyer Comment (2024-12-03): Approved exception uploaded. For part #2 of missing gift receipt, wire already included in original upload, document 2144 D0751
 12/06/2024     1 B A C A B A C A B A   [Redact] Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
222715502 [Redact] [Redact]   32590507     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. 1. Gift funds of [Redact] are not allowed when LTV exceeds 75% for 24-montb bank statement income. Subject loan LTV is 90.00%. Missing additional asset documentation to support 3 months PITIA reserves. Calculated PITIA months reserves of 3.46 is less than Guideline PITIA months reserves of 6.00. 2. Missing the [Redact] gift receipt.       Reviewer Comment (2024-12-06): Client elects to downgrade and waive based on the following compensating factors:
Borrower has been employed in the same industry for more than 5 years.
Representative DTI: 8.73518%
Guideline Maximum DTI: 43.00000%


Buyer Comment (2024-12-03): Approved exception uploaded. For part #2 of missing gift receipt, wire already included in original upload, document 2144 D0751
 12/06/2024     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
222715502 [Redact] [Redact]   32590508     Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) 1. Gift funds of [Redact] are not allowed when LTV exceeds 75% for 24-montb bank statement income. Subject loan LTV is 90.00%. Missing additional asset documentation to support 3 months PITIA reserves. Calculated PITIA months reserves of 3.46 is less than Guideline PITIA months reserves of 6.00. 2. Missing the [Redact] gift receipt.       Reviewer Comment (2024-12-06): Source of funds provided for Gift Funds, exception cleared.


Buyer Comment (2024-12-03): Approved exception uploaded. For part #2 of missing gift receipt, wire already included in original upload, document 2144 D0751
 12/06/2024     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
222715502 [Redact] [Redact]   32590509     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   1. Gift funds of [Redact] are not allowed when LTV exceeds 75% for 24-montb bank statement income. Subject loan LTV is 90.00%. Missing additional asset documentation to support 3 months PITIA reserves. Calculated PITIA months reserves of 3.46 is less than Guideline PITIA months reserves of 6.00. 2. Missing the [Redact] gift receipt.       Reviewer Comment (2024-12-06): Gift fund source provided, cleared.


Buyer Comment (2024-12-03): Approved exception uploaded. For part #2 of missing gift receipt, wire already included in original upload, document 2144 D0751
 12/06/2024     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
222715503 [Redact] [Redact]   32590511     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 total [Redact] on a Federal Total Loan Amount of [Redact] vs. an investor allowable total of [Redact]       Reviewer Comment (2024-12-04): Non-QM loan
 12/04/2024     1 B A B A B A B A B A   [Redact] Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B B A B B A A A Non QM Non QM Yes
222715503 [Redact] [Redact]   32590516     Credit Guideline Guideline Issue Guideline More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   There are 2 NSFs in [Redact] ([Redact] & [Redact] which counts as 1 occurrence per guideline), 1 in December ([Redact]), 1 in January ([Redact]), and 1 in February ([Redact]). The overdraft fees were applied the next day. Borrower has worked in the same position for more than 3 years. Ratios >43% and FICO>10 points above requirements. SitusAMC,Originator Reviewer Comment (2024-12-16): Ratios >43% and FICO>10 points above requirements. Lender elected to downgrade and waive.


Buyer Comment (2024-12-16): Corrected exception form to show 4 NSFs
     12/16/2024 2   B   B   B   B   B   [Redact] Primary Purchase   B B A B B A A A Non QM Non QM No
222715505 [Redact] [Redact]   32590526     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing in file.       Reviewer Comment (2024-12-12): [Redact] received E-sign consent agreement.


Buyer Comment (2024-12-11): eConsent uploaded
 12/12/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
222715505 [Redact] [Redact]   32590529     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 at least 3 business days prior to closing.       Reviewer Comment (2024-12-12): [Redact] received initial CD.


Buyer Comment (2024-12-11): [Redact] CD esigned
 12/12/2024     1 C A C A C A C A C A   [Redact] Primary Refinance - Cash-out - Other No Defined Cure C A C A C A A A Non QM Non QM No
222715565 [Redact] [Redact]   32590626     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		         Reviewer Comment (2024-12-23): File contains a full interior and exterior appraisal inspection on [Redact] and FEMA disaster occurred on [Redact]. Exception cleared.
 12/23/2024     1 C A C A C A C A C A   [Redact] Investment Purchase   C A C A     A A   N/A No
222718839 [Redact] [Redact] [Redact] 32597003     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-10): (Rate Lock) [Redact]
 01/14/2025     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
222718839 [Redact] [Redact] [Redact] 32616031     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ The 1008 in file verified a P&I of [Redact] for the primary residence and a DTI of 25.843%.  The final 1003 did not include the P&I on the primary and there is no proof that the mortgages disclosed on the property history report are not in the borrower's name.  Provide documentation verifying the borrower is not responsible for the P&I payments on the primary and a revised 1008 removing the P&I OR proof of the P&I payments to be included in the DTI calculation.       Reviewer Comment (2025-01-23): Received Final 1008. Exception Cleared.


Seller Comment (2025-01-22): Attached the Final 1008


Reviewer Comment (2025-01-22): Revised 1008 required with removing the P&I for primary property Exception Remain


Seller Comment (2025-01-21): Attached the property report showing owned by family Trust. No one to write letter so we hit the borrower for taxes and insurance.  We also had the lender give us an updated 1003 stating "own" Mortgage is also in family trust and does not report on credit. We followed [Redact].
 01/23/2025     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
222720679 [Redact] [Redact] [Redact] 32598082     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
222720679 [Redact] [Redact] [Redact] 32613488     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-10): Client elects to waive the condition based on the effective date of the appraisal being post-disaster but prior to the declared end date.
     01/10/2025 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
222720684 [Redact] [Redact] [Redact] 32598127     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-01-14): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-01-13): [Redact]
 01/14/2025     1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE   B B B B A A A A Non QM Non QM No
222720684 [Redact] [Redact] [Redact] 32616051     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. Property inspected post disaster but pre-FEMA declaration of disaster end date. Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [Redact] SitusAMC,Aggregator Reviewer Comment (2025-01-10): Client elects to waive the condition based on the post-disaster inspection obtained prior to the declared end date.
     01/10/2025 2 B B B B B B B B B B   [Redact] Primary Refinance - Limited Cash-out GSE   B B B B A A A A Non QM Non QM No
222720684 [Redact] [Redact] [Redact] 32616085     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 (2025-01-10): Sufficient Cure Provided At Closing
   01/10/2025   1 A A A A A A A A A A   [Redact] Primary Refinance - Limited Cash-out GSE Final CD evidences Cure B B B B A A A A Non QM Non QM Yes
222723042 [Redact] [Redact] [Redact] 32599526     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-02-07): Waived on Rate Lock: Collateral cleared by Custodian


Seller Comment (2025-02-06): (Rate Lock) [Redact]
 02/07/2025     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
222723042 [Redact] [Redact] [Redact] 32771610     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 after Waiver             02/03/2025 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
222726623 [Redact] [Redact]   32608558     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by [Redact]. Provide updated policy reflecting minimum 80% coverage of [Redact] OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2024-12-13): PCCD provided matching insurance


Buyer Comment (2024-12-13): Attached is PC CD with the initial starting balance matching the revised IEAD previously uploaded.


Reviewer Comment (2024-12-09): Received an updated hazard insurance policy document, 1003 and 1003 with an updated hazard insurance premium amount. Still need a copy of PCCD with estimated escrow amount as [Redact]. Exception Remains.


Buyer Comment (2024-12-07): Updated 1003, 1008, PC CD, IEAD


Reviewer Comment (2024-11-22): Received revised HOI policy with change in annual premium amount required updated 1003,1008,PCCD and Escrow disclosure. exception remains.


Buyer Comment (2024-11-21): HOI
 12/13/2024     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
222726623 [Redact] [Redact]   32608559     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - VVOE within 10 days of closing not found at time of review.       Reviewer Comment (2024-11-22): Received VOE exception cleared.


Buyer Comment (2024-11-21): VVOE
 11/22/2024     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
222726624 [Redact] [Redact]   32608562     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - VVOE provided is dated [Redact] but is not within 10 business days of the Note.       Reviewer Comment (2024-12-19): Received VOE in file. exception cleared.


Buyer Comment (2024-12-19): VOE
 12/19/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222726624 [Redact] [Redact]   32608564     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Missing evidence of additional expenses of [Redact] reflected on the Final 1003 for [Redact].       Reviewer Comment (2024-12-19): Received updated 1003 in file. exception cleared.


Buyer Comment (2024-12-19): URLA clarification
 12/19/2024     1 C A C A C A C A C A   [Redact] Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
222726626 [Redact] [Redact]   32608570     Compliance Compliance Federal Compliance Missing Disclosure Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing       Reviewer Comment (2024-12-10): Received signed copy of Federal Flood Disclosure at the time of initial application. Exception Cleared


Buyer Comment (2024-12-09): Early disclosure
 12/10/2024     1 B A B A B A B A B A   [Redact] Primary Purchase   D A D A B A D A Non QM Non QM No
222726626 [Redact] [Redact]   32608573     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   CDA is required and was not provided.       Reviewer Comment (2024-12-10): Received a copy of CDA. Exception Cleared.


Buyer Comment (2024-12-10): CDA
 12/10/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A B A D A Non QM Non QM No
222726626 [Redact] [Redact]   32608575     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Purchase Agreement / Sales Contract is not signed by the borrower [Redact].       Reviewer Comment (2024-12-23): Received a copy of purchase contract with borrower signature. Exception Cleared


Buyer Comment (2024-12-23): PA


Reviewer Comment (2024-12-10): Received a copy of purchase contract, but the same is still not signed by the borrower on note i.e. [Redact] it is signed by the non borrowing spouse i.e. [Redact]. Exception Remains


Buyer Comment (2024-12-10): Purchase contract
 12/23/2024     1 D A D A D A D A D A   [Redact] Primary Purchase   D A D A B A D A Non QM Non QM No
222726626 [Redact] [Redact]   32608576     Credit Credit Miscellaneous Guideline Credit Exception:   First Payment Letter and the Final CD reflects PITI [Redact] excluding HOA [Redact]. Total [Redact]. Final 1003 reflects [Redact]. Need an updated and corrected final 1003.       Reviewer Comment (2024-12-23): Received an updated 1003 with the correct tax amount for the subject property. Exception Cleared


Buyer Comment (2024-12-23): 1003
 12/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A B A D A Non QM Non QM No
222726626 [Redact] [Redact]   32608577     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing evidence of additional expenses reflected on Final 1003 for [Redact].       Reviewer Comment (2024-12-23): Received an updated 1003 with corrected TIA figures.  Exception Cleared.


Buyer Comment (2024-12-23): Per Lender: Calculation - [Redact] x 80% =[Redact] / 1000 = [Redact] x 15.39320 = [Redact] [Redact] non-ad Valorem = [Redact] total tax estimate/12 = [Redact]/mo estimate. [Redact] taxes [Redact] hazard = [Redact] (This matches the 1003)


Buyer Comment (2024-12-23): Tax Cert with calculation


Reviewer Comment (2024-12-19): Require verification of supporting document for additional payment of [Redact] on application ( Taxes - [Redact]/month : Annual [Redact]; Insurance [Redact]/months : Annual [Redact] ); Please provide tax calculation worksheet used by lender. Exception remains.


Buyer Comment (2024-12-19): Tax Bill


Reviewer Comment (2024-12-17): Require Tax calculation sheet for the taxes used in DTI. Exception remains.


Buyer Comment (2024-12-17): Per Lender : UW used estimated taxes for [Redact] to qualify because based on the mill rate on the tax cert provided (and attached), as the value had not been assessed for the property. My estimate utilizes 80% of the estimated value of [Redact] (estimate attached). Calculation -[Redact] x 80% = [Redact] / 1000 = [Redact] x 15.39320 = [Redact] [Redact] non-ad Valorem = [Redact] total tax estimate/12 = [Redact]/mo estimate. [Redact] taxes[Redact] hazard =[Redact] I have updated the 1008 to reflect the updated DTI at 1.461/2.139% (attached).


Reviewer Comment (2024-12-13): yes


Buyer Comment (2024-12-13): Please advise if the 1003 can be docusign?


Buyer Comment (2024-12-13): Per Lender : UW used estimated taxes for [Redact] to qualify because based on the mill rate on the tax cert provided (and attached), as the value had not been assessed for the property. My estimate utilizes 80% of the estimated value of [Redact] (estimate attached). Calculation - [Redact] x 80% = [Redact] / 1000 = [Redact] x 15.39320 = [Redact] [Redact] non-ad Valorem = [Redact] total tax estimate/12 = [Redact]/mo estimate. [Redact] taxes [Redact] hazard = [Redact] I have updated the 1008 to reflect the updated DTI at 1.461/2.139% (attached).


Reviewer Comment (2024-12-10): For the REO property [Redact]. Total Monthly Insurance, Taxes, Association Dues, etc is [Redact]. Verified Tax [Redact] per month i.e. [Redact] per year. Verified Insurance [Redact]1 per month i.e. [Redact] per year. No HOA as per D0306 Total- [Redact]. Not verified [Redact]. Need details of [Redact]. Exception Remains.


Buyer Comment (2024-12-10): Property [Redact]
 12/23/2024     1 C A C A C A C A C A   [Redact] Primary Purchase   D A D A B A D A Non QM Non QM No
222726629 [Redact] [Redact]   32608589     Property Valuation Valuation Issue Valuation [Redact] program guidelines require a CDA (Desk Review)   2 appraisals not provided therefore CDA required       Reviewer Comment (2024-12-31): Received CDA. Exception cleared


Buyer Comment (2024-12-30): CDA
 12/31/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Cash-out - Other   C A A A A A C A Non QM N/A No
222726630 [Redact] [Redact]   32608591     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report document is missing.       Reviewer Comment (2024-12-23): Received fraud report. exception cleared.


Buyer Comment (2024-12-23): fraud
 12/23/2024     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
222726630 [Redact] [Redact]   32608594     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Loan Underwriting and Transmittal Summary (1008) / MCAW document is missing.       Reviewer Comment (2024-12-23): Received 1008. exception cleared.


Buyer Comment (2024-12-23): final 1008


Buyer Comment (2024-12-23): 1008
 12/23/2024     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
222726630 [Redact] [Redact]   32608595     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval document is missing.       Reviewer Comment (2024-12-23): Received a copy of Approval. Exception Cleared.


Buyer Comment (2024-12-23): 1008 and Approval


Buyer Comment (2024-12-23): final 1008
 12/23/2024     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
222726631 [Redact] [Redact]   32608603     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Missing Blanket Condo Policy for [Redact].       Reviewer Comment (2024-12-24): Received Master Policy from [Redact]. Exception cleared.


Buyer Comment (2024-12-24): See attached
 12/24/2024     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
222726631 [Redact] [Redact]   32608604     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.   Insufficient or no cure was provided to the borrower.       Reviewer Comment (2024-12-27): [Redact] received Post CD and LOX.


Buyer Comment (2024-12-26): LOE


Reviewer Comment (2024-12-25): [Redact] received Post CD and Final Alta statement.However, we would also require LOX for the same.


Buyer Comment (2024-12-23): PCCD, Final Settlement Statement and [Redact]
 12/27/2024     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
222726635 [Redact] [Redact]   32608612     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement is missing       Reviewer Comment (2024-11-13): Received Guarantor Agreement. Exception Cleared


Buyer Comment (2024-11-11): Guaranty Agreement
 11/13/2024     1 D A D A D A D A D A   [Redact] Investment Refinance - Rate/Term   D A D A A A A A   N/A No
222726635 [Redact] [Redact]   32608613     Credit Credit Miscellaneous Credit A copy of Asset Verification Report is not on file.   Missing 2 months recent rent payment evidence of [Redact] per lease.       Reviewer Comment (2024-12-19): LOX provided along with 2 months bank statements showing net rents, albeit lower but within DSCR guide limits.


Reviewer Comment (2024-12-09): The guidelines require statements showing [Redact]/mo is deposited for rent.


Buyer Comment (2024-12-07): Per lender : I believe they are misinterpreting the letter. He implies he doesn't always get [Redact] as they take that figure and then deduct the expenses, etc. that the owner would owe the tenant each month and then the tenant gives the difference. The rent is [Redact] per lease and the appraiser confirms this on the rental analysis as well. The market rent verified by the appraiser is even higher than [Redact]. I know we can't use the market rent, but I think this needs to be revisited


Reviewer Comment (2024-12-05): The LOX provided states the rent is not always [Redact] a month. The statements provided are for [Redact] which bring the DSCR to 0.83 which is less than the minimum 1.00.


Buyer Comment (2024-12-03): highlighted deposits to match the lox.


Reviewer Comment (2024-11-27): Received two months rental deposit into [Redact] and [Redact] Bank Statement however there are lower rent deposit [Redact] of [Redact] and [Redact] [Redact] deposit into borrower account than the lease agreement signed by borrower and tenant of [Redact]. Require letter of explanation from borrower for lower rental receipt to use into DSCR calculation. exception remains.


Buyer Comment (2024-11-26): Per Lender: Looking back at the statements it appears that the [Redact] and [Redact] deposits ([Redact] and [Redact] respectively) were made by [Redact] for net rent; the [Redact] deposit of [Redact] was also made by [Redact] for net rent. With Kind Regards, J[Redact] Attorney D: [Redact] | F: [Redact] | [Redact]| Main: [Redact]| [Redact] | [Redact]


Reviewer Comment (2024-11-15): Email Noted Borrower did not get exact rent amount Deposit in Bank statement by tenant as Tenant is property manager, however, please highlight Rent Received from the tenant in provided bank statement to verify [Redact] rent payment. Exception Remains.


Buyer Comment (2024-11-14): Attached please find two months bank statements, source of funds for large deposit and email regarding rental payments.
 12/19/2024     1 C A C A C A C A C A   [Redact] Investment Refinance - Rate/Term   D A D A A A A A   N/A No
222735603 [Redact] [Redact] [Redact] 32642226     Credit Collateral Missing/Incorrect Collateral Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file.           Buyer Comment (2025-02-05): Waived on Rate Lock: Collateral cleared by Custodian
 02/05/2025     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
222916950 [Redact] [Redact]   32873830     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. Right to receive copy of appraisal is not provided in file within 3 days of application       Buyer Comment (2025-01-30): Acknowledged as non-material due to buyer request.
     01/30/2025 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