EX-99.3 12 ex99-3s3.htm SCHEDULE 3 - DATA COMPARE REPORT

 

MORGAN STANLEY CAPITAL I INC. ABS-15G

Exhibit 99.3 - Schedule 3

 

 

Loan ID Redaction ID Investor Loan ID Transaction ID Field Name Source Verified Value Bid Tape Value Comment
XXXXX 279233 XXXXX XXXXX Borrower 1 SSN the1003Page XXXXX XXXXX Per 1003, social security card and credit report.
XXXXX 279233 XXXXX XXXXX Qualifying Total Housing Expense PITIA diligenceFinalLookPage 4342.59 4289.76 Includes HOA
XXXXX 336491 XXXXX XXXXX Cash Disbursement Date closingDetailsNonCompliancePage XXXXX XXXXX See Settlement Stmnt
XXXXX 336491 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 14.02 104.00 Used 50% of balances as borr's portion of assets
XXXXX 379027 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 114.47 6.00 Per Bank Statements
XXXXX 379028 XXXXX XXXXX Cash Disbursement Date closingDetailsNonCompliancePage XXXXX XXXXX Per Settlement Statement
XXXXX 379028 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 234984.48 240149.48 Per Bank Statements
XXXXX 384862 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 24.23 6.00 per asset docs
XXXXX 409001 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 15657.28 15704.56 Audit calculated lower income.
XXXXX 409001 XXXXX XXXXX B1 Credit Report Date creditLiabilitiesPage 09-11-2024 07/30/2024 Per credit report 
XXXXX 409001 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 26.42 5.00 Cash out proceeds used.
XXXXX 412053   XXXXX Qualifying Total Reserves Number of Months assetPage 53.76 44.00 Audit includes all assets including departing residence cash back to seller.  
XXXXX 413400   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 49.21 37.22 Per Net Rental Loss on REO's.
XXXXX 413409   XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX Per Final Closing Disclosure
XXXXX 414074   XXXXX Cash out Include Debt Paid at Close finalCdDetailPage 310001.19 203981.49 Per final CD in file.
XXXXX 414074   XXXXX Qualifying Total Reserves Number of Months assetPage 109.58 112.00 Per assets docs in file.
XXXXX 414074   XXXXX Qualifying Total Housing Expense PITIA diligenceFinalLookPage 12125.59 12097.59 Tape does not show HOA fee
XXXXX 414080   XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX per PCCD
XXXXX 414080   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 26.12 23.22 Lender did not include loss on REO
XXXXX 416223   XXXXX Borrower 1 First Name notePage XXXXX XXXXX Per Note.
XXXXX 416223   XXXXX Cash Disbursement Date closingDetailsNonCompliancePage XXXXX XXXXX date confirmed on ALTA statement
XXXXX 416223   XXXXX Cash out Include Debt Paid at Close closingDetailsCreditOnlyPage 41398.6 41298.60 cash out confirmed on ALTA statement
XXXXX 416862   XXXXX Qualifying Total Reserves Number of Months assetPage 8.15 6.00 Per BOA account provided
XXXXX 416862   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 49.23 40.85 Audit calculated higher REO losses
XXXXX 416862   XXXXX Qualifying Housing Debt Income Ratio diligenceFinalLookPage 37.64 32.61 Audit calculated higher REO losses
XXXXX 416863   XXXXX Property City notePage XXXXX XXXXX Per Legal Description. 
XXXXX 416863   XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX Per final Closing Disclosure in file.
XXXXX 416863   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 31.61 37.67 Lender counted liabilities twice per approval
XXXXX 417490   XXXXX Qualifying Total Housing Expense PITIA diligenceFinalLookPage 6005.29 4827.29 audit matches closing docs.
XXXXX 418289   XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX Per Final Closing Disclosure.
XXXXX 418289   XXXXX Primary Appraised Property Value propertyValuationPage XXXXX XXXXX Per appraisal. 
XXXXX 418289   XXXXX Qualifying Total Housing Expense PITIA diligenceFinalLookPage 8867.77 8611.77 Per Appraisal, HOA. 
XXXXX 421587   XXXXX Cash out Include Debt Paid at Close finalCdDetailPage 118818.22 24182.78 per CD
XXXXX 421587   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 37.84 34.61 Lender used a previous 3rd position for income. Per LOE, he has 2 jobs. 
XXXXX 421587   XXXXX Qualifying Housing Debt Income Ratio diligenceFinalLookPage 33.81 30.53 Lender used a previous 3rd job to qualify, LOE indicates only 2 jobs.  
XXXXX 422380   XXXXX Qualifying Total Housing Expense PITIA diligenceFinalLookPage 7429.44 7360.37 Audit included HOA fee
XXXXX 422380   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 26.93 23.08 Audit used lower income excluding transfers not excluded by lender.
XXXXX 424688   XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX Per Final CD
XXXXX 424689   XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 37.07 39.21 Tape Data used Self-Reported Utilities against DTI 
XXXXX 424691   XXXXX Originator Doc Type employmentIncomePage 1YR Full Doc 2YR Full Doc B1 only provided 2023 W2 and 1099 form, would need 2022 to consider a two year full doc
XXXXX 424691   XXXXX Qualifying FICO creditLiabilitiesPage 727 687 Primary wage earner mid score
XXXXX 426309   XXXXX Cash out Include Debt Paid at Close postConsummationCdDetailPage 33874.25 20874.25 Per final CD
XXXXX 440367 XXXXX XXXXX ARM Subsequent Interest Rate Cap notePage 1 2.0000 Per Note
XXXXX 440367 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 15.64 11.00 Per documented assets
XXXXX 440367 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 388739.52 272117.66 Per documented assets
XXXXX 445393 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 12621.23 13028.68 Per audit calc based on bank statements.
XXXXX 445393 XXXXX XXXXX Total Qualifying Income employmentIncomePage 12621.23 13028.68 Per audit calc based on bank statements.
XXXXX 449705 XXXXX XXXXX Originator QM Status diligenceFinalLookPage Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt Per ATR/QM calculation..
XXXXX 449705 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 61202.18 44293.76 Per checking/savings
XXXXX 449705 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 10.41 6.00 Per checking/savings
XXXXX 454504 XXXXX XXXXX ARM Subsequent Interest Rate Cap notePage 1.0 5.0000 Per Note
XXXXX 454504 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 20.95 23.00 Per Assets.
XXXXX 454504 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 44.94 53.42 Per P&I payment on Note and 1008.
XXXXX 457828 XXXXX XXXXX Borrower 1 FTHB the1003Page true N per final 1003 & CBR
XXXXX 457828 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 177384.55 354769.11 Income for borrowers counted twice on 1003
XXXXX 457828 XXXXX XXXXX Total Qualifying Income employmentIncomePage 354769.1 709538.22 Income for borrowers counted twice on 1003
XXXXX 457828 XXXXX XXXXX Borrower 2 Qualifying Income employmentIncomePage 177384.55 354769.11 Income for borrowers counted twice on 1003
XXXXX 457828 XXXXX XXXXX Qualifying FICO creditLiabilitiesPage 717 659 Equal wage earners, per guides can use highest mid score of primary wage earner. 
XXXXX 457828 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 4.27 2.14 Income for borrowers counted twice on 1003
XXXXX 458807 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 10.78 22.00 Per checking accounts
XXXXX 458809 XXXXX XXXXX Property Type propertyValuationPage PUD Single Family Detached Per title & appraisal.
XXXXX 459731 XXXXX XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX per final cd
XXXXX 459731 XXXXX XXXXX Total Qualifying Income employmentIncomePage 9390.82 10312.08 Audit used higer exepense factor and accounted for all large deposits. 
XXXXX 459731 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 9390.82 10312.08 Audit used higer exepense factor and accounted for all large deposits. 
XXXXX 459732 XXXXX XXXXX B1 Credit Report Date creditLiabilitiesPage 09-26-2024 09/24/2024 per credit report
XXXXX 459732 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 27.56 19.36 Per final expense payment. Lender did not include the P/I for the subject in their DTI. Post close insurance policy increase
XXXXX 459732 XXXXX XXXXX Originator QM Status diligenceFinalLookPage QM: Safe Harbor APOR (APOR SH) Non-QM: Lender documented all ATR UW factors Per ATR/QM calculation.
XXXXX 460698 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 27.24 -45.00 Per assets provided and cash out.
XXXXX 466810 XXXXX XXXXX Prepayment Penalty Total Term notePage 60 NA Per Note
XXXXX 466810 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 44.8 0.00 Per cash back. 
XXXXX 466811 XXXXX XXXXX Total Qualifying Income employmentIncomePage 11708.71 12508.71 Audit did not use other income stated on lender's 1003 for B2 as it was not verified
XXXXX 466812 XXXXX XXXXX Total Qualifying Income employmentIncomePage 10745.38 13659.13 Based on bank statements provided
XXXXX 466812 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 10745.38 13659.13 Based on bank statements provided
XXXXX 466812 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 40.41 31.79 Audit calculated less income negated large deposits
XXXXX 470340 XXXXX XXXXX Borrower 1 FTHB the1003Page true N Per final 1003 & CBR
XXXXX 470340 XXXXX XXXXX Property Type propertyValuationPage Townhouse PUD Per appraisal
XXXXX 470340 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 7.48 4.00 Per verified bank statements and cash from borrower.
XXXXX 470340 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 62628.7 52814.79 Per bank statements.
XXXXX 470341 XXXXX XXXXX Borrower 1 FTHB the1003Page false Y B1 is not a FTHB per final 1003 and CBR, w/ additional REO.
XXXXX 470341 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 238646.28 188383.25 Per bank statements. 
XXXXX 470343 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 34.29 22.20 Per debts on final 1003 and income used by lender on final approval. 
XXXXX 471185 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 41.3 10.41 the lender did not include the subject payment in the DTI ratio.
XXXXX 471186 XXXXX XXXXX Borrower 1 Qualifying Income employmentIncomePage 0 960.00 Borrower 1 income is not being used per client- stips
XXXXX 472551 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 8.2 11.00 Per bank statements.
XXXXX 472551 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 145320.5 162736.37 Per bank statements.
XXXXX 472552 XXXXX XXXXX Borrower 1 FTHB the1003Page false Y Per 1003. & CBR showing additional REOs
XXXXX 472552 XXXXX XXXXX Qualifying LTV propertyValuationPage 81.75 80.00 Lender used sales price orginal sales price.  Audit used amended contract price. 
XXXXX 472552 XXXXX XXXXX Sales Price propertyValuationPage XXXXX XXXXX Amended contract price was provided. 
XXXXX 472552 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 485742.31 420560.38 Audit used all available reserves. 
XXXXX 472552 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 20.86 14.00 Audit used all available reserves. 
XXXXX 473964 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 16.56 15.00 cash out to borrower per CD
XXXXX 475766 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 47.79 39.63 Diff in REO amnts 
XXXXX 475770 XXXXX XXXXX Cash Disbursement Date closingDetailsNonCompliancePage XXXXX XXXXX Per Note/DOT/Final CD
XXXXX 475770 XXXXX XXXXX Total Qualified Assets Available For Reserves assetPage 1593771.18 841311.80 Per asset docs.
XXXXX 475770 XXXXX XXXXX Qualifying Total Reserves Number of Months assetPage 91.24 69.00 Per asset docs.
XXXXX 476969 XXXXX XXXXX Qualifying Total Debt Income Ratio diligenceFinalLookPage 39.09 42.70 Lender used full balance with $0 payment listed for liability ending XXXXX. Per guidelines, 5% payment is to be applied. 
XXXXX 476971 XXXXX XXXXX Cash Disbursement Date finalCdDetailPage XXXXX XXXXX Per Final Cd 
XXXXX 476971 XXXXX XXXXX Originator QM Status diligenceFinalLookPage QM: Safe Harbor APOR (APOR SH) Non-QM: Lender documented all ATR UW factors Per ATR/QM Calc.
XXXXX 479591 XXXXX XXXXX Property Type propertyValuationPage Two to Four Unit Single Family Detached Per appraisal
XXXXX 479591 XXXXX XXXXX Calculated DSCR diligenceFinalLookPage 0 0.4968 Not DSCR