EX-99.19 20 e5823ex99-19.htm AMC EXCEPTION GRADES REPORT

Exhibit 99.19

AMC Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Compensating Factors Applying Party Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Exception Remediation Overall
Initial Loan Grade		 Overall
Final Loan Grade		 Credit
Initial Loan Grade		 Credit
Final Loan Grade		 Compliance
Initial Loan Grade		 Compliance
Final Loan Grade		 Property
Initial Loan Grade		 Property
Final Loan Grade		 Originator QM ATR Status TPR QM ATR Status Is Curable
xxxx 6000018135 xxxx 6707014 6000018135-3133 06/01/2018 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx)       Reviewer Comment (2018-06-01): xxxx Submission as NonQM provided.


Reviewer Comment (2018-06-01): Missing xxxx Submission, tested as UTD.
 08/24/2017     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000018135 xxxx 6707015 6000018135-3680 06/01/2018 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM.       Reviewer Comment (2018-06-01): xxxx Submission as NonQM provided.


Reviewer Comment (2018-06-01): Missing xxxx Submission, tested as UTD.
 08/24/2017     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM Yes
xxxx 6000018135 xxxx 6707016 6000018135-6297 06/01/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Disclosure is missing from the loan file.     Reviewer Comment (2018-06-01): Evidence of receipt provided.


Buyer Comment (2018-06-01): e-consent
 08/21/2017     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
xxxx 6000018135 xxxx 6707019 6000018135-6301 06/01/2018 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower.       Reviewer Comment (2018-06-01): ARM disclosure provided.


Buyer Comment (2018-06-01): Arm disclosure has been uploaded
 08/24/2017     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
xxxx 6000018135 xxxx 6707020 6000018135-2811 06/01/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided     35.52% DTI on this Alternative documentation loan < 43% guideline max - 7.48% below program guideline maximum

723 representative FICO score > 640 guideline minimum - 83 points above guideline minimum		   Reviewer Comment (2018-06-01): waived with compensating factors.


Buyer Comment (2018-06-01): Bank Statement doc type is ineligible for GSE delivery. xxxx elects to waive with compensating factors:
35% DTI
$22K residual income
732 FICO
     08/24/2017 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000018135 xxxx 6707021 6000018135-2919 06/01/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   The file is missing the xxxx Submission Form.     Reviewer Comment (2018-06-01): Submission as Non-QM providded.


Buyer Comment (2018-06-01): xxxx submission form uploaded


Reviewer Comment (2018-06-01): xxxx submission provided was not complete due to missing QM status, exception remains.


Buyer Comment (2018-06-01): Loan Submission Form attached
 08/24/2017     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000018135 xxxx 6707022 6000018135-3831 06/01/2018 Credit Credit Miscellaneous Credit Exception:   The borrower was qualified using personal bank statements, however most of the transfers into the personal account were from the borrower's business account. Co-Mingling of personal and business receipts and expenses in personal bank accounts are not permitted. Evidence of co-mingling will require the loan to be submitted and qualified as a business bank statement loan.     Reviewer Comment (2018-06-01): Based on guideline clarification, exception is cleared. There do not appear to be any business expenses paid from account.


Buyer Comment (2018-06-01): please review, xxxx allows for business deposits into personal account. We would not allow gross business receipts and/or business expenses to be deposited into or paid out of personal bank account. Personal bank account deposits should simply be profits from the business. Is borrower paying business expenses out of account?
 08/16/2017     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000018563 xxxx 6708575 6000018563-6569 06/01/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-06-01): Received CDA


Reviewer Comment (2018-06-01): Client will order a secondary valuation at the time of securitization.
 09/18/2017     1 A xx/xx/xxxx GA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000018563 xxxx 6708576 6000018563-6297 06/01/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.       Reviewer Comment (2018-06-01): 04/27/2017 - Received in trailing documents evidence disclosure was provided to borrower. Disclosure is date compliant. Exception cleared.
 04/27/2017     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000018563 xxxx 6708577 6000018563-6298 06/01/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure xx/xx/xxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/xx/xx/xxxx)       Buyer Comment (2018-06-01): DH accepts - Buyer and Seller CD's have been reviewed separately.


Reviewer Comment (2018-06-01): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B
     04/28/2017 2 B xx/xx/xxxx GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000018563 xxxx 6708578 6000018563-6305 06/01/2018 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM Disclosure Provided Date 2/28/2017 > xx/xx/xxxx (xx/xx/xxxx Application Date Plus 3)     Reviewer Comment (2018-06-01): 04/27/2017 - Received in trailing documents evidence disclosure was provided to borrower. Disclosure is date compliant. Exception cleared.
 04/27/2017     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000018563 xxxx 6708579 6000018563-6306 06/01/2018 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower within three (3) days of application. ARM Disclosure Provided Date 2/28/2017 > xx/xx/xxxx (xx/xx/xxxx Application Date Plus 3)     Reviewer Comment (2018-06-01): 04/27/2017 - Received in trailing documents evidence disclosure was provided to borrower. Disclosure is date compliant. Exception cleared.
 04/27/2017     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000018563 xxxx 6708580 6000018563-2919 06/01/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Credit Report Comparison gap credit or credit refresh report within 10 days of xx/xx/xxxx closing     Reviewer Comment (2018-06-01): Received in trailing documents. Exception cleared.
 04/27/2017     1 A xx/xx/xxxx GA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000023339 xxxx 6709116 6000023339-6569 06/01/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Client will order a secondary valuation at the time of securitization     Reviewer Comment (2018-06-01): Received CDA within 10% of appraised value
 03/05/2018     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B C A Non QM Non QM No
xxxx 6000023339 xxxx 6709117 6000023339-6445 06/01/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.13380% or Final Disclosure APR of 6.15700% is in excess of allowable threshold of APOR 4.08% + 1.5%, or 5.58000%. Compliant Higher Priced Mortgage Loan.       Buyer Comment (2018-06-01): DH Accepts
     01/12/2018 1 A xx/xx/xxxx CA Primary Purchase   C B A A C B C A Non QM Non QM No
xxxx 6000023339 xxxx 6709118 6000023339-17176 06/01/2018 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.13380% or Final Disclosure APR of 6.15700% is in excess of allowable threshold of APOR 4.08% + 1.5%, or 5.58000%. Compliant Higher Priced Loan.       Buyer Comment (2018-06-01): DH Accepts
     01/12/2018 1 A xx/xx/xxxx CA Primary Purchase   C B A A C B C A Non QM Non QM No
xxxx 6000023339 xxxx 6709119 6000023339-4826 06/01/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure provided.     Buyer Comment (2018-06-01): DH accepts


Reviewer Comment (2018-06-01): Received LOE and Copy of Check. Missing corrected PCCD and Proof of delivery.
     01/19/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
xxxx 6000023339 xxxx 6709120 6000023339-6542 06/01/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $559.35 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304) No cure provided and COC provided does not reflect a valid change for transfer tax.     Reviewer Comment (2018-06-01): Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD


Reviewer Comment (2018-06-01): Received LOE and Copy of Check. Missing corrected PCCD and Proof of delivery.
   01/19/2018   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B C A Non QM Non QM Yes
xxxx 6000023339 xxxx 6709121 6000023339-17649 06/01/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD Fees total $15,252.00 while closing CD seller’s fees total $0.00.     Buyer Comment (2018-06-01): DH accepts
     01/19/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
xxxx 6000023339 xxxx 6709122 6000023339-4357 06/01/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Note is assumable and Closing Disclosure reflects loan is Not Assumable.     Buyer Comment (2018-06-01): DH accepts
     01/19/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
xxxx 6000018994 xxxx 6822089 6000018994-3862 06/11/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Date:
Inspection Date: 09/18/2017		       Reviewer Comment (2018-06-11): PDI is in file with no apparent damage.
 10/20/2017     1 A xx/xx/xxxx FL Primary Purchase   C B C B A A C A Non QM Non QM No
xxxx 6000018994 xxxx 6822090 6000018994-6569 06/11/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-06-11): AVM was provided
 10/20/2017     1 A xx/xx/xxxx FL Primary Purchase   C B C B A A C A Non QM Non QM No
xxxx 6000018994 xxxx 6822091 6000018994-3841 06/11/2018 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines   Lender Approved Exception. Non-borrowing spouse is buyers agent on the transaction. 732 > 700 minimum requirement.

$157,534.54 reserves is > $58,645.62 minimum requirement.		   Reviewer Comment (2018-06-11): Waived
     10/18/2017 2 B xx/xx/xxxx FL Primary Purchase   C B C B A A C A Non QM Non QM No
xxxx 6000024804 xxxx 7537196 6000024804-22931 08/07/2018 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Required for DTI > 43%     Reviewer Comment (2018-08-07): Seller provided VA Residual Income worksheet.


Buyer Comment (2018-08-07): (xxxx)please see docs
 07/13/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000024804 xxxx 7537197 6000024804-3862 08/07/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   PITIA reserves above minimum by 6 months or greater: 36.93 vs 12

FICO score above minimum by 20 points or greater. 775 vs 700		   Reviewer Comment (2018-08-07): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     07/10/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000024804 xxxx 7537198 6000024804-23086 08/07/2018 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $222,815.81 is less than Cash From Borrower $902,933.69. Missing verification of liquidation for $680,117.88 funds required to close as required by guidelines.Excluding this amount from borrower's Stock account #xxx still leaves 47.49 in total reserves.     Reviewer Comment (2018-08-07): Seller provided documentation all monies were from borrower's E*Trade account.


Buyer Comment (2018-08-07): (xxxx)please see docs
 07/13/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000024804 xxxx 7537199 6000024804-17648 08/07/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) Seller's CD reflects $100,460.95, calculates to be $103,498.95. $3,035 is due to Owner's Title Insurance reflected on borrower's CD while Seller's reflects $3,974. Both were included in calculations.     Buyer Comment (2018-08-07): Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid.
       1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B A A A A Non QM Non QM Yes
xxxx 6000025165 xxxx 7537289 6000025165-18604 08/07/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure xx/xx/xxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/xx/xx/xxxx) Final CD did not reflect any Seller Fees.     Reviewer Comment (2018-08-07): Seller CD provided


Seller Comment (2018-08-07): Missing copy of Seller's CD to confirm no seller fees on the CD is accurate.
 07/19/2018     1 A xx/xx/xxxx CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000025165 xxxx 7537290 6000025165-17649 08/07/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Borrower's Final CD did not reflect any seller paid fees.     Reviewer Comment (2018-08-07): PC CD provided reflecting seller paid fees
   07/19/2018   1 A xx/xx/xxxx CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000028062 xxxx 7830086 6000028062-7038 08/27/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) CD is dated xx/xx/xxxx and loan closed on xx/xx/xxxx.     Reviewer Comment (2018-09-04): Document provided.


Seller Comment (2018-09-04): Provided 4.25.18 CD


Reviewer Comment (2018-09-04): Do not have copy of CD issued 4/25/18


Seller Comment (2018-09-04): Initial CD sent on xx/xx/xxxx, revised CD sent on xx/xx/xxxx/, closing date was xx/xx/xxxx. refer to disclosure tracking and final ALTA
 09/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000028062 xxxx 7830090 6000028062-7037 08/27/2018 Compliance Compliance Federal Compliance Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided.       Reviewer Comment (2018-09-04): Document provided


Seller Comment (2018-09-04): executed on 4.28.18, provided.
 09/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B A A C B A A Non QM Non QM Yes
xxxx 6000028062 xxxx 7831637 6000028062-3988 08/27/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 04/24/2018 not received by borrower at least four (4) business days prior to closing. (Interim/04/24/2018) LE is dated 4/24 and the file contains no indication of when the borrower received it.     Reviewer Comment (2018-09-04): Document provided.


Seller Comment (2018-09-04): refer to disclosure tracking provided satisfying exception TRID
 09/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000028062 xxxx 7831928 6000028062-5322 08/27/2018 Compliance Compliance Federal Compliance TRID Alternate Table Usage TILA-RESPA Integrated Disclosure – Costs at Closing/ Calculating Cash to Close: Alternate tables not used consistently throughout the transaction. Initial LE used with seller form.All other LE's reflect without seller and CD's also reflect without Seller             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000028062 xxxx 7831929 6000028062-24190 08/27/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $32,435.26 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final CD reflects total property costs over 1 year of $32,435.26; however, based on the property costs on page 1, the correct amount should be $35,383.92.     Reviewer Comment (2018-09-24): Property Costs Year 1 $32,435.26, as reflected on Final CD based on the higher HOA of $830. Exception cleared.


Seller Comment (2018-09-24): The amount reflected on page 4 of the Closing Disclosure in the “During the first year” section is reflecting a 12 month period as required per regulation 1026.38(l)(7)(i)(B)(1). Because the payments are made in arrears, the total payments being made during the first year would be a total of 11 months. During the first year (12 month period) beginning with consummation, the borrower is paying 11 months payments in the first 12 month period.


Reviewer Comment (2018-09-04): Need CD accurately disclosing figures.


Seller Comment (2018-09-04): Per VP of funding... CD is only calculating 11 months for total property cost over 11 months.


Reviewer Comment (2018-09-04): Please provide revised CD


Seller Comment (2018-09-04): revised CD will be provided reflecting the correct amount on pg 4 of 5
 09/24/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000028062 xxxx 7833443 6000028062-3126 08/27/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Disclosure not provided     Reviewer Comment (2018-10-03): Received Loan Options Certification, which appears to be the anti-steering disclosure not the LO Comp disclosure. This disclosure does not reflect the compensation method used. Exception remains.


Seller Comment (2018-09-27): see attached LO cert.
       2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 7775138 6000028073-2798 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-09-04): Document provided.


Seller Comment (2018-09-04): Provided final 1003
 09/04/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 7781677 6000028073-4809 08/23/2018 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Evidence of initial disclosure is missing from the file.     Reviewer Comment (2018-09-18): Received CD exception has been cleared.


Seller Comment (2018-09-08): Initial CD delivered and received on xx/xx/xxxx refer to disclosure tracking. CD dates are; xx/xx/xxxx, xx/xx/xxxx, xx/xx/xxxx and xx/xx/xxxx. all have been provided.
 09/18/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 7828346 6000028073-24848 08/27/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-04): Document provided.


Seller Comment (2018-09-04): Appraisal report 1 provided in bundled file starting at page 627 Appraisal report 2 provided in bundled file starting on page 661. Exception must have been triggered in error.
 09/04/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 8010865 6000028073-855 09/08/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-09): PDI received reflecting No Damage
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 8146898 6000028073-6297 09/18/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. New exception added after review of trailing documents.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028073 xxxx 8146900 6000028073-4404 09/18/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) New exception added after review of trailing documents.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028073 xxxx 8146901 6000028073-6468 09/18/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) New exception added after review of trailing documents.     Reviewer Comment (2018-09-18): Received Post Consummation disclosure and LOE exception has been cured.
   09/18/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032193 xxxx 7793342 6000032193-2798 08/24/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 not found in file     Reviewer Comment (2018-09-18): Final 1003 provided.


Seller Comment (2018-09-09): uploaded
 09/18/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   D B D A C B A A Non QM Non QM No
xxxx 6000032193 xxxx 7804797 6000032193-3862 08/24/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-05): Appraisal was performed after disaster exception has been cleared.
 10/05/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   D B D A C B A A Non QM Non QM No
xxxx 6000032193 xxxx 7806115 6000032193-4404 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 110.251% but calculated TIP is 108.153%, which is outside of .003% tolerance. Used Index Value = 2.766% per rate lock and approval document in file.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032193 xxxx 7806117 6000032193-4850 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for Tax Service Fee (Life Of Loan) of $10 was not provided.     Reviewer Comment (2018-10-10): Received COC letter associated with xx/xx/xxxx LE and letter from Tax Service Third Party Provider confirming Tax Service fee charges are based on loan amount. COC for increased loan amount is valid for increased Tax Service Fee. Exception cleared.


Reviewer Comment (2018-09-18): Cure required for 10% tolerance violation and for 0% tolerance violation totals $800.50.
 10/10/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032193 xxxx 7806118 6000032193-7038 08/24/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2018-09-18): Initial CD was provided. Exception cleared.


Seller Comment (2018-09-09): final alta and cd's uploaded with disclosure tracking
 09/18/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032193 xxxx 7806119 6000032193-6543 08/24/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,105.00 exceeds tolerance of $1,195.00 plus 10% or $1,314.50. Insufficient or no cure was provided to the borrower. (0) No cure amount provided.     Reviewer Comment (2019-03-01): Received Post Consummation disclosure, LOE, Refund, and Proof of Delivery correcting the issue exception has been cured.


Seller Comment (2019-02-20): Please see attached Fed Ex receipt to show delivered, COC, check and PCCD.


Reviewer Comment (2018-10-31): LOE, copy of refund, PCCD received. Delivery is scheduled for today however has not been received by FEDEX. Will follow up and cure at the time of borrower receipt.


Seller Comment (2018-10-31): please see attached PCCD ($204.50) and the same fed ex tracking. we were able to pull the file and use the same tracking number.


Reviewer Comment (2018-10-31): PC-CD does not reflect the correct amount for the total amount that exceeded the legal limit. The PC-CD reflects $143 but the total amount should be $204.50, this includes the previous refund of $61.50. Also, per FedEx the package has not been delivered.


Seller Comment (2018-10-30): see attached fed ex, check, pccd and coc.


Reviewer Comment (2018-10-26): LOE Provided. Please update the PC-CD dated xx/xx/xxxx to reflect the total amount that exceeded the legal limit ($204.50). $61:50 sent on 10/17/18 and the remaining $143.00. Pending receipt of refund check and proof of delivery.


Seller Comment (2018-10-26): see attached PCCD and COC. check has been requested as a rush.


Reviewer Comment (2018-10-23): COC is not considered Valid as it did not detail to the borrower which fees were being affected. Please provide a Letter of Explanation, Proof of Delivery, Copy of Refund Check ($143.00), and Corrected CD


Seller Comment (2018-10-23): On 4-23 the COC was generated to add a 1004d and Title fees were updated as well. A new Settlement statement was provided on 4-18 with higher fees from title. The updated fees were disclosed to the borrower within 3 days of becoming aware of changes. “Settlement changes LTC/Service reqmnt” is what we select when we update fees.


Reviewer Comment (2018-10-22): The changed circumstance letter dated 4/23/18 indicates "Settlement Changes LTC/Svc Reqmnt". Additional information regarding the change is required to determine if the change is valid. Updated numbers are not a valid change.


Seller Comment (2018-10-22): A valid COC was completed on xx/xx/xxxx for Title fee changed from $945 to $1230 upon receipt of updated Estimated Settlement Statement on 0xx/xx/xxxx.


Reviewer Comment (2018-10-19): Only a refund of $61.50 was provided. The total amount needed to refund was $204.50. The total amount charged to the borrower was $2,105 the maximum allowed was $1,809.50.
Need an additional refund $143.
Need page #5 of the PC-CD dated 10/5/18
The following is needed to cure: Letter of Explanation, $143 refund check, Corrected CD, and Proof of delivery.


Seller Comment (2018-10-19): see attached PCCD, check and fed ex label.


Seller Comment (2018-10-19): Please see attached check, PCCD, and Fedex label.


Reviewer Comment (2018-10-02): Total amount of $2,014 on PCCD dated 6/28/2018 exceeds tolerance of $1,645 plus 10% or $1809.50. No cure was provided to the borrower. Lender's Title Insurance increased from $945 to $1,230 with xx/xx/xxxx with no valid COC and Recording Fees increased from $225 to $309 with PCCD dated 6/28/2018. Exception remains.


Seller Comment (2018-09-26): Please refer to PCCD issued to balance the settlement charges with the actual funds collected through the transaction. PCCD was generated and issued to the borrower 6/26/2018 once the FSS was received. There was no monetary cure as the fees reflected on the Final CD are not the fees collected at closing. All redisclosures occurred with 3 days of becoming aware that the fees from Escrow had been updated. The PCCD reflects accurate fees charged in the transaction and provides evidence the borrower was not charge fees over the tolerance allowed


Reviewer Comment (2018-09-18): Final CD reflects increase in fees subject to 10% variance: Initial LE dated 3/2/18 discloses the following fees subject to 10% variance: Recording fee $225, Title- Lender’s Title fee $945, Title – Notary fee $25, (total $1,195). Final CD reflects Recording fee $400, Title- Lender’s Title fee $1,230 Title – Notary fee $25, Title – SubEscrow fee $450 (total $2,105). This is $790.50 above 10% threshold). Change of Circumstance disclosures provided in file do not reflect the exact changes or the reason for the change. Cost to cure $790.50.


Seller Comment (2018-09-09): and Le's


Seller Comment (2018-09-09): refer to final Alta and CD's
   03/01/2019   2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032193 xxxx 7806120 6000032193-6542 08/24/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $144.00 exceeds tolerance of $134.00. Insufficient or no cure was provided to the borrower. (7580) Fee disclosed as $134 on initial LE dated 3/2/2018. Fee was re-disclosed in the amount of $144 on LE dated xx/xx/xxxx, but a valid change of circumstance was not issued for the change.     Reviewer Comment (2018-10-10): Received COC letter associated with xx/xx/xxxx LE and letter from Tax Service Third Party Provider confirming Tax Service fee charges are based on loan amount. COC for increased loan amount is valid for increased Tax Service Fee. Exception cleared.


Seller Comment (2018-10-09): escalate and review attached


Reviewer Comment (2018-10-08): Tax Service fee is not based on loan amount. Exception remains.


Seller Comment (2018-10-03): Please revisit - the Tax service fee is based on the loan amount, if the loan amount increases, the tax service fee can increase. that is a valid change of circumstance


Reviewer Comment (2018-10-02): Loan amount increase is not a valid COC for increasing Tax Service Fees. Exception remains.


Seller Comment (2018-09-26): COC for increase was due to Tax Service fee for increased loan amount. This can be validated when comparing loan amount on previous LE to the revised LE referenced in the finding


Reviewer Comment (2018-09-24): Received PCCD issued 6/28/18 and Settlement Statement. Both reflect the Tax Service Fee charged at closing as $144. This allows for a 0% tolerance as this fee was originally disclosed as $134 and change of circumstance not provided. Tax Service Fee was disclosed as a service borrower could not shop for. Exception remains open.


Seller Comment (2018-09-21): Please refer to PCCD issued to balance the settlement charges with the actual funds collected through the transaction. PCCD was generated and issued to the borrower 6/26/2018 once the FSS was received. There was no monetary cure as the fees reflected on the Final CD are not the fees collected at closing. All re-disclosures occurred with 3 days of becoming aware that the fees from Escrow had been updated. The PCCD reflects accurate fees charged in the transaction and provides evidence the borrower was not charge fees over the tolerance allowed.


Reviewer Comment (2018-09-18): Fee increased as of Loan Estimate issued 4/30/18. Change of Circumstance disclosures provided in file do not reflect the exact changes or the reason for the change. Cost to cure $10.


Seller Comment (2018-09-09): refer to LE's and Cd's with final Alta attached to previous exception.
 10/10/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032193 xxxx 7893969 6000032193-2922 08/30/2018 Credit Property - Appraisal Appraisal Documentation Missing Document: Appraisal not provided   Missing second appraisal, required due to loan amount over $1,500,000.     Reviewer Comment (2018-10-10): Received 3/8/2018 guidelines. Second appraisal not required on R&T Refi with loan amount less than $2,000,000. Exception cleared.


Seller Comment (2018-10-09): escalate - this is a R/T refi


Reviewer Comment (2018-10-09): Guidelines provided require a second appraisal when the transaction type is a cash out refi with a loan amount > $1,500,00.00. Subject Loan Amount is $xxx,xxx.


Seller Comment (2018-10-09): see attached appraisal guidelines from 03/08/2018.


Reviewer Comment (2018-10-08): The only guidelines for 2018 are the xx/xx/xxxx. Loan closed xx/xx/xxxx. Please provide 3/8/2018 guidelines referenced in your comments. Exception remains.


Seller Comment (2018-10-04): It appears the reviewer is using the guidelines from 9/19/2017.. The subject was approved 5/2/2018, per BOC guidelines dated 3/8/2018, a second appraisal is not required for loan amounts less than $2,000,000.00. See attached guidelines.


Reviewer Comment (2018-09-18): Loan file contains one appraisal, which has effective date of 4/13/18. Guidelines require two separate appraisals when the loan amount is over $1,500,000. Exception remains open pending receipt of second appraisal.


Seller Comment (2018-09-09): uploaded
 10/10/2018     1 A xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   D B D A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7830219 6000028241-2798 08/27/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 is not in file.     Reviewer Comment (2018-09-29): Final 1003 was provided


Seller Comment (2018-09-19): final 1003 signed uploaded.
 09/29/2018     1 A xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7846195 6000028241-7409 08/28/2018 Compliance Compliance Federal Compliance TILA LO Compensation (Impermissible Compensation Method) Loan Originator Compensation (Dodd-Frank 2014): Unable to determine Compensation method used. There is nothing in file that specifies how compensation was determined.             2 B xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7846196 6000028241-4087 08/28/2018 Compliance Compliance Federal Compliance RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. The Affiliated Business Arrangement Disclosure was not signed.             2 B xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7846197 6000028241-6297 08/28/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. No evidence provided borrower consented to receive electronic disclosures.             2 B xx/xx/xxxx HI Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7846198 6000028241-5180 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) These taxes were paid by the seller, and the # of months was not listed.             2 B xx/xx/xxxx HI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028241 xxxx 7846199 6000028241-7038 08/28/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) The Closing Disclosure is dated xx/xx/xxxx, and the closing was xx/xx/xxxx.     Reviewer Comment (2018-10-09): Tracking Summary confirmed the borrower Received the Closing disclosure on xx/xx/xxxx. Exception is cleared.


Seller Comment (2018-10-09): see attached CD, supports they received and signed on xx/xx/xxxx.


Reviewer Comment (2018-09-29): The 3-day mail rule will apply, the borrower received the CD on the day of closing xx/xx/xxxx
Need evidence the Borrower received a CD at least 3 days prior to closing as required by rule.


Seller Comment (2018-09-20): Attached disclosure tracking summary, via US mail.
 10/09/2018     1 A xx/xx/xxxx HI Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7846200 6000028241-4824 08/28/2018 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Both the appraisal and credit report fees are listed as being paid to the broker, without any invoices or other documentation in file to show the fees were paid for the benefit of a different entity.             2 B xx/xx/xxxx HI Second Home Purchase Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028241 xxxx 7846662 6000028241-4404 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) The total interest percentage disclosed on the final CD was 113.051%, and the calculated percentage is 111.222%             2 B xx/xx/xxxx HI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028241 xxxx 7846684 6000028241-22154 08/28/2018 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: xx/xx/xxxx The hazard insurance effective date is xx/xx/xxxx, whereas the closing date is xx/xx/xxxx.     Reviewer Comment (2018-10-08): Hazard Policy effective xx/xx/xxxx. Final Settlement Statement confirms loan did not disburse until xx/xx/xxxx. Exception cleared.


Seller Comment (2018-10-04): This is a purchase transaction, the funds were disbursed on xx/xx/xxxx, the policy starts on xx/xx/xxxx, the property has sufficient coverage.
 10/08/2018     1 A xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028241 xxxx 7852929 6000028241-6467 08/28/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) There are three Seller CD's in the file two list Seller costs as $110,626.35 and one states Seller costs of $198,010.21. PCD lists Seller fees as $112,894.35. None of the Seller CD's are signed.     Reviewer Comment (2018-10-04): Letter of Explanation and PCCD dated 8/1/2018 indicate seller paid fees of $112,894.35 which matches the seller paid fees on the Final Seller Settlement Statement. Exception cured.


Seller Comment (2018-10-01): see attached PCCD and final seller fees, supports fees for $112,894.35.
   10/04/2018   1 A xx/xx/xxxx HI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028241 xxxx 8422918 6000028241-855 10/05/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 05/26/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-15): PDI with no reported property damage was provided
 10/15/2018     1 A xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028094 xxxx 7767590 6000028094-6569 08/22/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-10): CDA received


Seller Comment (2018-09-07): Investor to request
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7767619 6000028094-2798 08/22/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 appears to be missing from the file.     Reviewer Comment (2018-09-10): Document provided.


Seller Comment (2018-09-07): Final Uploaded
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7778388 6000028094-6572 08/23/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.     Reviewer Comment (2018-09-10): Document provided.


Seller Comment (2018-09-07): appraisal delivered to borrower on 10.13.17 via disclosure and executed by borrower on 10.16.17
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7778393 6000028094-4369 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - At Closing TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees.     Reviewer Comment (2018-10-15): Cured with LOE and PCCD dated xx/xx/xxxx. Refund check and proof of delivery are not required.
   10/15/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778394 6000028094-4376 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (     Reviewer Comment (2018-10-19): Corrected CD, LOE and Final Settlement Statement was provide for evidence this fee was not charged to the Borrower


Seller Comment (2018-10-19): Please see attached Disclosure Tracking for PCCD dated xx/xx/xxxx


Reviewer Comment (2018-10-17): Missing evidence the borrower received the PCCD. Exception remains open.


Seller Comment (2018-10-17): Finance charge $1,030,182.41 is correct on PCCD.
Total interest paid $1,021,167.56 + APR impacted fees $6,763.50 + Prepaid interest $2,251.35 = $1,030,182.41.


Reviewer Comment (2018-10-15): Exception initially cured by mistake. Received LOE and PCCD dated xx/xx/xxxx reflecting correct Finance Charge. However, still missing refund check to borrower and proof of delivery. Exception remains open.


Seller Comment (2018-10-15): see attached CD


Seller Comment (2018-10-15): see attached PCCD, this document was provided in the condition "TRID finance charge"...


Reviewer Comment (2018-10-08): Finance Charge = $1,030,493.91 and Final CD has $1,030,293.91. Additionally PCCD reflects $1,029,982.41. Exception remains.


Seller Comment (2018-10-05): See attached Final CD


Reviewer Comment (2018-09-10): Exception not cured with amount disclosed on PC-CD.


Seller Comment (2018-09-07): refer to PCCD xx/xx/xxxx and final Alta
   10/19/2018   2 B xx/xx/xxxx CA 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 C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778395 6000028094-24190 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $21,209.54 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Amount of Estimated Property Costs over Year 1 of $21,209.54 on Final Closing Disclosure provided on xx/xx/xxxx not accurate.     Reviewer Comment (2018-10-15): LOE and PCCD dated xx/xx/xxxx corrected the Estimated Property Costs over Year 1. Exception cured.


Seller Comment (2018-10-11): please see attached PCCD


Reviewer Comment (2018-10-08): Difference is CD using taxes of $1,739.79 and AMC is using $1,822.92 which is 1.25% for CA purchase transaction.


Seller Comment (2018-10-03): The amount reflected on page 4 of the Closing Disclosure in the “During the first year” section is reflecting a 12 month period as required per regulation 1026.38(l)(7)(i)(B)(1). Because the payments are made in arrears, the total payments being made during the first year would be a total of 11 months. During the first year (12 month period) beginning with consummation, the borrower is paying 11 months payments in the first 12 month period.


Reviewer Comment (2018-09-10): It would appear the difference is with regard to taxes. Using 1.25%, the correct tax amount is $1,822.92. This plus insurance of $188.35 = $2,011.27, not $1,928.14.


Seller Comment (2018-09-07): Invalid Exception. "property costs over year 1" is calculated over 11 months. $21,209.54 is accurate. Payment is remitted 1 month after closing. please clear exception. refer to xx/xx/xxxx CD
   10/15/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778396 6000028094-4826 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778397 6000028094-7038 08/23/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.     Reviewer Comment (2018-10-08): Received document tracking form confirming when CDs were received. Exception cleared.


Seller Comment (2018-10-04): see attached e-disclosure tracking, the borrower viewed email on 10/12/17.


Reviewer Comment (2018-10-01): The eDisclosure Agreement provided does not reflect as to when the initial CD was provided. Need evidence that the initial CD was provided at least 3 days prior to closing.


Seller Comment (2018-09-20): attached e-disclosure consent on 9/28/17.


Reviewer Comment (2018-09-10): PC-CD shows correct closing date of xxxx.


Seller Comment (2018-09-07): closing occurred on xx/xx/xxxx refer to final Alta and PCCD xx/xx/xxxx
 10/08/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7778400 6000028094-6543 08/23/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $7,958.00 exceeds tolerance of $5,776.00 plus 10% or $6,353.60. Insufficient or no cure was provided to the borrower. (0) Ten Percent Fee Tolerance exceeded. Total amount of $7,958.00 exceeds tolerance of $5,776.00 plus 10% or $6,353.60. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2018-10-01): Upon further review, the 10% violation was invalid


Seller Comment (2018-09-24): Please provide additions detail. Due to the lack of detail in the reviewers comments, we are unable to determine what is being compared. Please review LEs and CDs. Baseline LE 9/21, 10/11 Revised LE at time of rate lock and discovery of escrow updated fees, 10/12 initial CD, 10/17 revised CD updating payoffs and settlement fees, and 10/19 PCCD balancing the PCCD with the FSS. Do you have all the referenced LEs and CDs to compare the changes with the settlement statements in the file


Reviewer Comment (2018-09-10): Amounts disclosed on PCCD and Alta are still outside of 10% tolerance.


Seller Comment (2018-09-07): refer to PCCD xx/xx/xxxx and final Alta
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778401 6000028094-6542 08/23/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Rush Fee. Fee Amount of $175.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) Zero Percent Fee Tolerance exceeded for Appraisal Rush Fee. Fee Amount of $175.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2018-10-01): Corrected CD, LOE and Final Settlement Statement was provide for evidence this fee was not charged to the Borrower


Seller Comment (2018-09-24): The Rush Appraisal fee was on the initial and all subsequent LE's. The rush fee was removed when it was discovered that it was not paid or collected by the FSS that can be viewed from the original file. This finding is invalid
   10/01/2018   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778403 6000028094-6542 08/23/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Deed Preparation. Fee Amount of $75.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77121) Zero Percent Fee Tolerance exceeded for Title - Deed Preparation. Fee Amount of $75.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2018-09-10): Updated naming so fees reflected correctly on LE/CD


Seller Comment (2018-09-07): Initial LE quoted $50.00 final CD reflects, $75.00 , Refer to SSPL, Borrower selected provider other than the one listed. Initial LE dated 9.21.2017
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778404 6000028094-6542 08/23/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - SubEscrow Fee. Fee Amount of $62.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77185) Zero Percent Fee Tolerance exceeded for Title - SubEscrow Fee. Fee Amount of $62.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2018-09-10): Updated naming so fees reflected correctly on LE/CD


Seller Comment (2018-09-07): refer to SSPL, Borrower opted to choose provider than the one listed.
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7778405 6000028094-6305 08/23/2018 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM loan program disclosure not provided to the borrower within three (3) days of application.     Reviewer Comment (2018-10-08): Doc tracking form confirms initial disclosures, including ARM Disclosure, were sent on 9/29/2017. However, initial application was taken on xx/xx/xxxx. Exception remains.


Seller Comment (2018-10-04): see attached ARM disclosure and e-disclosure tracking, Home Bridge sent to borrower via email on 9/21/17.


Reviewer Comment (2018-09-10): Initial LE was provided 9/21/17


Seller Comment (2018-09-07): arm disclosure dated 10.2.17 same as initial application. Disclosure provided
       2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7778623 6000028094-6468 08/23/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure.     Reviewer Comment (2018-10-15): LOE and PCCD dated xx/xx/xxxx now match fees on Seller Disclosure. Exception cured.
   10/15/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7782261 6000028094-3126 08/23/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Document in file is not signed, no evidence it was provided to the borrower.             2 B xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 7782263 6000028094-4357 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) The Note indicates that Assumption is allowed.     Reviewer Comment (2018-09-10): Document provided


Seller Comment (2018-09-07): refer to PCCD xx/xx/xxxx assumable is marked
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028094 xxxx 7828277 6000028094-24848 08/27/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-10): CDA received


Seller Comment (2018-09-07): Investor to request
 09/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028094 xxxx 8029832 6000028094-855 09/10/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 09/28/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-09): PDI received reflecting No Damage
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028061 xxxx 7729135 6000028061-3862 08/21/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-06-20): Received a copy of the post disaster inspection dated 06/11/2019 showing no damage.
 06/20/2019     1 A xx/xx/xxxx CA Primary Purchase   B B B A B B A A Non QM Non QM No
xxxx 6000028061 xxxx 7730420 6000028061-4613 08/21/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) Number of months blank             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Non QM Non QM Yes
xxxx 6000028061 xxxx 7730421 6000028061-5180 08/21/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months blank             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Non QM Non QM Yes
xxxx 6000028061 xxxx 7779922 6000028061-24848 08/23/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-06-20): Received copy of a BPO to support the origination value for securitization.
 06/20/2019     1 A xx/xx/xxxx CA Primary Purchase   B B B A B B A A Non QM Non QM No
xxxx 6000028104 xxxx 7762006 6000028104-3214 08/22/2018 Credit Income / Employment Income Documentation Employment Error: Employment start date not provided.   S/E start date not located in CPA letter to verify at least 2 year ownership of business     Reviewer Comment (2018-09-07): Document provided


Seller Comment (2018-09-07): CPA letter and source of funds provided.
 09/07/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7762058 6000028104-18352 08/22/2018 Credit Credit Miscellaneous Income verified is less than qualifying income.   It appears UW only netting "Withdrawals & Debits" but did not include check withdrawals, per Cash Flow Analysis (D175), Per guidelines "Income from business bank statements will be calculated using
deposits net of all withdrawals and debits" therefore causing income to be overstated. Analysis also did not have (21) NSF documented in which these were accrued 6 out of 12 month stmt. (9/2016 stmt missing) .		     Reviewer Comment (2018-10-05): Received final 1003 and recalculated income, exception has been cleared.


Seller Comment (2018-10-02): 10/2 - This file is done on the Option 1 of the Bank statement program which does not utilize or calculate withdrawals or debits.

Option 1:Business Bank Statements - Option One -Borrower must be 100% owner of the company. -Evaluate business gross deposits utilizing a universal 50% expense factor applied to business related deposits.As for the NSF credits/ deposits were backed out of all income calculations to qualify. The missing 09/2016 statement has been placed in the appropriate bucket and an adjustment to the income calculations with a variance of less than .2 % was implemented to the file which still within my signing authority and guideline requirements. Please see Underwriter Decision Bucket, Asset Calculation Worksheet bucket for updates.


Reviewer Comment (2018-09-07): Please see Exception Information. Calculated income is less than indicated on 1003, including final 1003.


Seller Comment (2018-09-06): final 1003 provided
 10/05/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7762515 6000028104-2798 08/22/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-09-07): Document provided


Seller Comment (2018-09-06): final 1003 uploaded
 09/07/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7776159 6000028104-6569 08/23/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Clear Capital Post Close review missing     Reviewer Comment (2018-10-01): CDA was provided.


Reviewer Comment (2018-09-07): CDA ordered


Seller Comment (2018-09-07): Investor to Request
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7776296 6000028104-2883 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Tax cert on file shows 6252.18 total     Reviewer Comment (2018-09-07): Document provided


Seller Comment (2018-09-06): tax cert provided
 09/07/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7776497 6000028104-7038 08/23/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Missing proof of prior receipt     Reviewer Comment (2018-10-01): Initial CD and eDisclosure Tracking was provided.


Seller Comment (2018-09-20): Attached CD 9/22/17.


Reviewer Comment (2018-09-07): Do not have copy of CD issued 9/22/17, please provide.


Seller Comment (2018-09-07): initial CD sent on 9.22.17 closing occurred on xx/xx/xxxx refer to final Alta and disclosure tracking attached.
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7776498 6000028104-3988 08/23/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Missing proof of prior receipt     Reviewer Comment (2018-09-07): Document provided


Seller Comment (2018-09-07): refer to disclosure tracking, LE 9.21.17 received by Borrower same date, closing occurred on xx/xx/xxxx
 09/07/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 7799972 6000028104-6468 08/24/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure. Seller CD fees total $57,305.70, while closing CD seller's fees total $57,429.70     Reviewer Comment (2018-10-01): Letter of Explanation & Corrected Closing Disclosure was provided


Reviewer Comment (2018-09-07): Final Seller CD discloses seller paid fees of $57,305.70. This is not consistent with the final CD or PC-CD (10/2), which reflects seller fees of $74,928.01.


Seller Comment (2018-09-07): refer to final CD xx/xx/xxxx and the revised 9.26.2017 CD reflecting closing costs of 57,429.70, final Alta also provided in another exception
   10/01/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
xxxx 6000028104 xxxx 7828279 6000028104-24848 08/27/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-10-01): CDA was received


Reviewer Comment (2018-09-07): CDA ordered


Seller Comment (2018-09-06): investor to request
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000028104 xxxx 8313852 6000028104-6297 10/01/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. E-Consent missing     Reviewer Comment (2018-10-01): eDisclosure Tracking reflecting eConsent on 09/11/17 was provided.
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
xxxx 6000028142 xxxx 7728589 6000028142-2798 08/21/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 was not provided.     Reviewer Comment (2018-09-06): Document provided


Seller Comment (2018-09-06): final 1003 uploaded
 09/06/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A C A Non QM Non QM No
xxxx 6000028142 xxxx 7731347 6000028142-6569 08/21/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Client to order secondary valuation at time of secuiritization.     Reviewer Comment (2018-10-01): CDA was received


Reviewer Comment (2018-09-06): CDA Ordered


Seller Comment (2018-09-05): invalid exception. refer to UW guidelines pg 63 of 74. 2nd appraisal is not required. loan is a purchase, less than 2,000,000. clear exception
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A C A Non QM Non QM No
xxxx 6000028142 xxxx 7731836 6000028142-6297 08/21/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. E-Sign Consent not provided.     Reviewer Comment (2018-09-06): Document provided


Seller Comment (2018-09-05): e-consent provided by BOC
 09/06/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B B A C A Non QM Non QM No
xxxx 6000028142 xxxx 7731967 6000028142-6468 08/21/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) Consumer CD xx/xx/xxxx reflects $XXXX, Seller CD reflects $XXXX     Reviewer Comment (2018-10-01): Letter of Explanation & Corrected Closing Disclosure were provided.


Seller Comment (2018-09-27): see attached final hud-1 and PCCD, supports seller closing fees for $857,800.94 and cash to borrower of $378.75


Reviewer Comment (2018-09-06): Seller fees reflected on Seller CD do not match Buyer Final CD.
   10/01/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B A C A Non QM Non QM Yes
xxxx 6000028142 xxxx 7759657 6000028142-4256 08/22/2018 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 704 is less than Guideline representative FICO score of 720. Lender exception provided with compensating factors Residual Income $159,522.59

122.91 months reserves > 12 months guideline minimum		   Reviewer Comment (2018-09-06): Already waived


Seller Comment (2018-09-05): UW exception approved refer to Loan approval summary pg 3.


Reviewer Comment (2018-08-23): Lender elected to waive based on compensating factors
     08/23/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B A C A Non QM Non QM No
xxxx 6000028142 xxxx 7828282 6000028142-24848 08/27/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-10-01): CDA was provided.


Reviewer Comment (2018-09-06): CDA Ordered


Seller Comment (2018-09-06): Investor to Request


Seller Comment (2018-09-05): invalid exception. refer to UW guidelines pg 63 of 74. 2nd appraisal is not required. loan is a purchase, less than 2,000,000. clear exception
 10/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A C A Non QM Non QM No
xxxx 6000028142 xxxx 8315990 6000028142-855 10/01/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 05/17/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-09): PDI received reflecting No Damage
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A C A Non QM Non QM No
xxxx 6000028071 xxxx 7789912 6000028071-6569 08/24/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-24): CDA was received


Seller Comment (2018-09-09): Appraisal revised with signature date of 1.20.18 provided. previous appraisal report was signed on 12.15.17


Seller Comment (2018-09-09): 1004D uploaded
 09/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028071 xxxx 7790117 6000028071-2798 08/24/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-09-24): The final 1003 was provided


Seller Comment (2018-09-09): Uploaded
 09/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028071 xxxx 7790355 6000028071-3862 08/24/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-02): Subject property now has FEMA declared end date. Exception cleared.
 10/02/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028071 xxxx 7790451 6000028071-3126 08/24/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028071 xxxx 7790515 6000028071-4371 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final Closing Disclosure reflects a Closing Date of xx/xx/xxxx, but the transaction consummation (mortgage notary) date was xx/xx/xxxx. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028071 xxxx 7790549 6000028071-4404 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 97.419% but calculated TIP is 95.393%, which is outside of .003% tolerance. Used Index Value = 2.069% per lock confirmation document in file. TIP on post closing disclosure issued 02/13/2018 is 97.335%.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028071 xxxx 7790550 6000028071-4826 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Appraisal was completed “AS-IS” on 12/13/2017, but states that the subject does not have the appropriate monoxide detectors. The 442 in file confirms the presence of the detectors. The fee is disclosed on the final LE dated xx/xx/xxxx, but no COC was provided.     Reviewer Comment (2018-10-02): Initial appraisal was "AS IS", but indicated carbon monoxide detectors were not installed. Appraisal was corrected to "Subject To" on 1/2/2018. On 1/2/2018 COC letter and revised LE adding re-inspection fee were sent to the borrower. Final Inspection confirms they have been installed. Exception cleared.
 10/02/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028071 xxxx 7790551 6000028071-6468 08/24/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller's CD shows $72,560.35 in seller paid closing costs; borrower's final CD shows $73,742.21. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028071 xxxx 7790552 6000028071-6542 08/24/2018 Compliance Compliance Federal Compliance 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 $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Appraisal was completed “AS-IS” on 12/13/2017, but states that the subject does not have the appropriate monoxide detectors. The 442 in file confirms the presence of the detectors. The fee is disclosed on the final LE dated xx/xx/xxxx, but not COC was provided.     Reviewer Comment (2018-10-02): Initial appraisal was "AS IS", but indicated carbon monoxide detectors were not installed. Appraisal was corrected to "Subject To" on 1/2/2018. On 1/2/2018 COC letter and revised LE adding re-inspection fee were sent to the borrower. Final Inspection confirms they have been installed. Exception cleared.


Seller Comment (2018-09-26): The appraisal was completed AS-IS however, the appraiser indicated the carbon monoxide detectors were not installed requiring a re-inspection once installed. The COC was the re-inspection as can be verified by the documentation present in the file. COC dated 1/2/18 provided.
 10/02/2018     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028071 xxxx 7872531 6000028071-24848 08/29/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-24): CDA was received


Seller Comment (2018-09-09): 1004D uploaded inspection date 1.15.18. otherwise investor to request
 09/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028235 xxxx 7749691 6000028235-3862 08/22/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 A post disaster inspection was not provided.     Reviewer Comment (2018-10-04): Subject property now has a FEMA declared end date. Exception cleared.
 10/04/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 7758735 6000028235-5404 08/22/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2016) The file was missing a copy of a signed 4506-T.     Reviewer Comment (2018-10-04): 4506-T is only required on bank statement program when additional income other than bank statement income is utilized. Only bank statement income is being utilized on this loan. Exception cleared.


Seller Comment (2018-10-02): Per BOC guidelines - FULL DOC loans require a completed, signed, and dated IRS form 4506t at closing for
all borrowers whose income is used to qualify. Please revisit and clear


Reviewer Comment (2018-09-06): According to guidelines, under Bank Statement program, a 4506_T is required with closing documents.


Seller Comment (2018-09-06): 4506T not applicable, this is an Alt QM Bank Statement program
 10/04/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 7759566 6000028235-3126 08/22/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. The file is missing documentation to verify if the Loan Originator Compensation was not based on a term of the transaction.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 7759569 6000028235-24190 08/22/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $19,406.97 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) File is missing the declarations page supporting a monthly cost of $219.48.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000028235 xxxx 7759575 6000028235-6468 08/22/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) The 07/10/2017 post close CD corrects this and there is a cover letter, however, the file is missing a copy of the $1,576.88 refund check to the borrower.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000028235 xxxx 7759816 6000028235-4376 08/22/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Finance charge reflecting on final CD $683,656.70, system calculating $684,706.70. The 07/10/2017 post close CD corrects this and there is a cover letter, however, the file is missing a copy of the $1,576.88 refund check to the borrower.             2 B xx/xx/xxxx CA Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C B C A B B A A Non QM Non QM Yes
xxxx 6000028235 xxxx 7765966 6000028235-6297 08/22/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Evidence of the date of borrower e-consent was not provided.     Reviewer Comment (2018-09-06): Document provided


Seller Comment (2018-09-06): e-consent on 6/5/2017
 09/06/2018     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 7766211 6000028235-4344 08/22/2018 Credit Insurance Insurance Documentation Missing Document: Hazard Dec Page not provided   Borrower, per the 1003, has insurance coverage at $219.48 month. File is missing a copy of the declarations page supporting this amount.     Reviewer Comment (2018-10-04): Condo blanket policy includes Walls-In coverage so borrower is not required to obtain their own HOI policy. Exception cleared.


Seller Comment (2018-10-02): The monthly insurance premium is covered by the HOA and is not the responsibility of the borrower. Please revisit and clear. SM


Reviewer Comment (2018-09-06): Document already provided. Requesting copy of dec page to support $219.48/month.


Seller Comment (2018-09-06): Condo Insurance Hazard insurance provided
 10/04/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 7828295 6000028235-24848 08/27/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-24): CDA was received


Reviewer Comment (2018-09-06): CDA ordered


Seller Comment (2018-09-06): Investor to request
 09/24/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028235 xxxx 8398395 6000028235-855 10/04/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 05/25/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-16): PDI received reflecting No Damage.
 10/16/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000028059 xxxx 7836637 6000028059-5404 08/28/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2016), 4506 or 4506-T (2017)       Reviewer Comment (2018-10-02): Received signed and dated 4506-T for 2016 and 2017. Exception cleared.


Seller Comment (2018-09-25): see attached 4506t
 10/02/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000028059 xxxx 7839955 6000028059-2798 08/28/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-10-02): Received final signed 1003. Exception cleared.


Seller Comment (2018-09-25): see attached final signed 1003.
 10/02/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000028098 xxxx 7852571 6000028098-6569 08/28/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Second Valuation was not provided.     Reviewer Comment (2018-09-29): Received acceptable secondary valuation - desk review. Exception cleared.


Seller Comment (2018-09-09): investor to request
 09/29/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A C A Non QM Non QM No
xxxx 6000028098 xxxx 7855153 6000028098-3862 08/28/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 FEMA disaster that does not have a declared end date.     Reviewer Comment (2018-09-29): Subject property now has a FEMA declared end date. Exception cleared.
 09/29/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A C A Non QM Non QM No
xxxx 6000028098 xxxx 7895439 6000028098-2798 08/30/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 was not provided.     Reviewer Comment (2018-09-29): Received final signed 1003. Exception cleared.


Seller Comment (2018-09-09): uploaded
 09/29/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A C A Non QM Non QM No
xxxx 6000028132 xxxx 7799755 6000028132-2842 08/24/2018 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided   Please forward a copy of the current Homeowners Hazard Insurance.     Reviewer Comment (2018-10-03): HOI policy was provided.


Seller Comment (2018-10-02): see attached hazard insurance.
 10/03/2018     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7808375 6000028132-2798 08/24/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Missing executed 1003 from closing.     Reviewer Comment (2018-10-03): Final 1003 was provided.


Seller Comment (2018-10-02): see attached final 1003 for xxxx.


Reviewer Comment (2018-09-29): 1003 provided as trailing document is not for the subject loan or the borrower. Exception remains.


Seller Comment (2018-09-21): attached final signed 1003
 10/03/2018     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7824031 6000028132-3126 08/27/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7824037 6000028132-6297 08/27/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Evidence of borrower’s consent prior to delivery of electronic disclosures was not provided.             2 B xx/xx/xxxx AZ Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7824039 6000028132-6305 08/27/2018 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application.       Reviewer Comment (2018-10-08): A Disclosure Tracking Details was provided. Exception cleared.


Seller Comment (2018-10-05): see attached disclosure tracking that list this disclosure was sent to the borrower, the borrower returned them via U.S mail on 2/14/18.


Seller Comment (2018-10-05): see attached disclosure tracking, all disclosures were sent to the borrower via email on 2/2/18 including the ARM disclosure. please revisit and clear.
 10/08/2018     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7824040 6000028132-7037 08/27/2018 Compliance Compliance Federal Compliance Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided.       Reviewer Comment (2018-10-03): Signed NORTC was provided.


Seller Comment (2018-10-02): see NORTC
 10/03/2018     1 A xx/xx/xxxx AZ 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
xxxx 6000028132 xxxx 7880101 6000028132-24848 08/30/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000028132 xxxx 7882776 6000028132-3831 08/30/2018 Credit Credit Miscellaneous Credit Exception:   Lender approved exception to allow FICO of 712. Program required 720. Missing Exception Form. 65% LTV

10 years in field		 Aggregator

Aggregator		 Reviewer Comment (2018-10-08): Client elected to waive


Reviewer Comment (2018-10-08): Lender approve exception based on compensating factor and meeting tier 1 expanded guidelines.


Seller Comment (2018-10-05): According to the Underwriter approval, the credit risk rating meets tier 1 expanded approval guidelines. Qualifying score of 712, program requires 720. The UW made and exception to the borrower's fico due to compensating factors which included reserves, disposable income, employment, DTI and Benefit to the borrower. See UW approval dated 6/21/18 and page 3 for detailed compensating factors for the exception.
     10/08/2018 2 B xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000028244 xxxx 7830545 6000028244-2798 08/27/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-10-08): Final 1003 was provided.


Seller Comment (2018-10-05): see attached final signed 1003 and addendum.
 10/08/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833270 6000028244-3126 08/27/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation disclosure is missing from file.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833278 6000028244-20305 08/27/2018 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) The loan file contains both the 2018 and 2017 year P&L and Balance Sheet. No signed tax return extensions in file.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833279 6000028244-20305 08/27/2018 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) The loan file contains both the 2018 and 2017 year P&L and Balance Sheet. No signed tax return extensions in file.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833280 6000028244-20305 08/27/2018 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) The loan file contains both the 2018 and 2017 year P&L and Balance Sheet. No signed tax return extensions in file.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833290 6000028244-4376 08/27/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) CD discloses finance charge of $692,913.48; calculated finance charge is $693,253.48. Variance is $340 which exceeds the max allowable tolerance of $100 for purchase. The Title-Loan Service Fee ($340) was not included in Finance Charge.     Reviewer Comment (2018-10-25): Evidence of delivery was obtained.


Reviewer Comment (2018-10-24): FEDEX delivery is pending. As soon as delivery confirmation is received we will cure this loan


Seller Comment (2018-10-24): see attached PCCD, check, fed ex and cover letter.


Reviewer Comment (2018-10-17): Pending receipt of PCCD, COC, check and evidence of borrower receipt.


Seller Comment (2018-10-16): see attached PCCD and COC, a check has been requested today as a RUSH. a copy and proof of delivery will be provided ASAP.


Reviewer Comment (2018-10-15): Exception initially cured by mistake. Received LOE and PCCD dated xx/xx/xxxx reflecting correct Finance Charge. However, still missing refund check to borrower and proof of delivery. Exception remains open.


Seller Comment (2018-10-12): please see attached PCCD under compliance condition.


Reviewer Comment (2018-10-01): PCCD dated 8/14/2018 does not cure this exception. Loan is still under-disclosed by $340 which appears to be the Title - Loan Service Fee of $340. Exception remains.


Seller Comment (2018-09-26): see attached lock confirmation in addition to comparing the disclosures where the change of circumstance is indicated by "Rate Lock" Yes 4/19
   10/25/2018   2 B xx/xx/xxxx CA Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7833292 6000028244-4826 08/27/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for (Discount Points) of ($2,315.63) was not provided.     Reviewer Comment (2018-10-24): FEDEX delivery is pending. As soon as delivery confirmation is received we will cure this loan


Reviewer Comment (2018-10-01): Received Rate Lock. Rate was locked on 4/19/2018 with points of 0.375% which is a valid COC for points added to 4/20/2018 revised CD. Exception cleared.
 10/01/2018     1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7833293 6000028244-7038 08/27/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2018-10-01): Received document tracking form verifying the initial CD was sent xx/xx/xxxx and was viewed by the borrower on xx/xx/xxxx. Exception cleared.


Seller Comment (2018-09-21): see attached e-disclosure tracking initial CD sent on 4/23 via email.
 10/01/2018     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833295 6000028244-3988 08/27/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) The transaction Note date is xx/xx/xxxx. The Loan Estimate was issued on xx/xx/xxxx and not signed by borrower, Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2018-10-08): Electronic consent was provided.


Seller Comment (2018-10-05): The loan estimate was sent via email on 4/20/18 and viewed the same day. see attached e-disclosure tracking.
 10/08/2018     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7833298 6000028244-6542 08/27/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,315.63 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee was not disclosed on initial Loan Estimate dated xx/xx/xxxx but disclosed as $2,315.63 on Final CD. A COC was not provided in file.     Reviewer Comment (2018-10-01): Received Rate Lock. Rate was locked on 4/19/2018 with points of 0.375% which is a valid COC for points added to 4/20/2018 revised CD. Exception cleared.


Seller Comment (2018-09-26): the COC letter is a courtesy, not a regulatory requirement. The COC can be validated by the Copy of the Attorney's closing statement.


Seller Comment (2018-09-26): disregard comment below (wrong file)


Seller Comment (2018-09-26): see attached lock confirmation in addition to comparing the disclosures where the change of circumstance is indicated by "Rate Lock" Yes 4/19
 10/01/2018     1 A xx/xx/xxxx CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7838361 6000028244-20305 08/28/2018 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) The loan file contains both the 2018 and 2017 year P&L and Balance Sheet. No signed tax return extensions in file.             2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 7838498 6000028244-24190 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $18,129.43 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final CD reflects $18,129.43 in estimated property costs for year, calculated costs is $20,130.96.     Reviewer Comment (2018-10-25): Riverside county tax rate was located. Exception cleared.


Seller Comment (2018-10-25): please clear this exception, we provided the PCCD, COC and confirmation of delivery. AMC has already cured the other TRID issue on 10/24. please escalate.


Reviewer Comment (2018-10-17): Pending evidence the PCCD, COC, refund and borrower receipt.


Seller Comment (2018-10-16): see attached PCCD and COC, a check has been requested today as a RUSH. a copy and proof of delivery will be provided ASAP.


Reviewer Comment (2018-10-15): PCCD dated xx/xx/xxxx still reflects $18,129.43. See comments on 10/1/2018 regarding AMC calculations. Exception remains.


Seller Comment (2018-10-11): please see attached PCCD


Reviewer Comment (2018-10-01): PCCD did not cure this exception. Closing CD and PCCD indicate monthly taxes/HOI/HOA of $1,648.13. AMC is utilizing $989.58 taxes, $193 HOI and $495 HOA for monthly amount of $1,677.58. Taxes are based on 1.25% for CA purchase. Please provide documentation to support utilizing figures reflected on CDs. Exception remains.


Seller Comment (2018-09-24): Per Compliance:
The amount reflected on page 4 of the Closing Disclosure in the “During the first year” section is reflecting a 12 month period as required per regulation 1026.38(l)(7)(i)(B)(1). Because the payments are made in arrears, the total payments being made during the first year would be a total of 11 months. During the first year (12 month period) beginning with consummation, the borrower is paying 11 months payments in the first 12 month period.
 10/25/2018     1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7900755 6000028244-6468 08/31/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) Seller paid fees on the Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure. Seller CD reflects $317,991.05 in seller paid closing costs, borrower's final CD reflects $340,537.55 in seller paid closing costs.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7902093 6000028244-4371 08/31/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Post Consummation CD reflects accurate date of closing however, a letter of explanation to the borrower regarding the changes made was not provided in file.     Reviewer Comment (2018-10-15): Received LOE and PCCD dated xx/xx/xxxx with correct Closing Date. Exception cured.
   10/15/2018   1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028244 xxxx 7910223 6000028244-6569 08/31/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028244 xxxx 8326328 6000028244-23897 10/01/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Revised LE dated 4/20/2018 is not signed and therefore the mailbox rule is applied which is after the date of the initial CD date of xx/xx/xxxx. If LE was received prior to initial CD please provide LE document tracking form to confirm earlier receipt date.     Reviewer Comment (2018-10-08): Electronic consent was provided.
 10/08/2018     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028100 xxxx 7809736 6000028100-3862 08/25/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 FEMA disaster declared end date was not provided.     Reviewer Comment (2018-09-19): Received CDA exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028100 xxxx 7809746 6000028100-6569 08/25/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028100 xxxx 7809803 6000028100-6572 08/25/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Evidence that borrower received copy of appraisal at least 3 business days prior to closing was not provided.             2 B xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028100 xxxx 7809847 6000028100-4371 08/25/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD disclosed a Closing Date of xx/xx/xxxx, however, actual date of consummation is xx/xx/xx. A post-close CD was issued xx/xx/xxxx reflecting the closing date of xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B A B B C A Non QM Non QM Yes
xxxx 6000028100 xxxx 7809850 6000028100-17648 08/25/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller's CD shows $54,016.00 in seller paid closing costs; borrower's final CD shows $7,170.00. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B A B B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 7770272 6000032159-2798 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-09-26): Received final 1003 signed by borrower on xx/xx/xxxx. Exception cleared.


Seller Comment (2018-09-08): uploaded final
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7772872 6000032159-3862 08/23/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-09-26): Subject property has FEMA declared end date. Exception cleared.
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773053 6000032159-20780 08/23/2018 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing. No final CD in file     Reviewer Comment (2018-09-26): Received xx/xx, xx/xx and xx/xx Borrower CDs and xx/xx Seller CD. Exception cleared.
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773054 6000032159-3126 08/23/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. not in loan file             2 B xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773059 6000032159-4809 08/23/2018 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. no CD in file     Reviewer Comment (2018-09-26): Received xx/xx, xx/xx and xx/xx Borrower CDs and xx/xx Seller CD. Exception cleared.


Seller Comment (2018-09-08): Final Alta uploaded


Seller Comment (2018-09-08): CD Dates uploaded: xx/xx/xxxx, xx/xx/xxxx and Sellers CD xx/xx/xxxx, PCCD xx/xx/xxxx
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773060 6000032159-6297 08/23/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. not in loan file     Reviewer Comment (2018-09-26): Received borrower Consent to do Business electronically form dated xx/xx/xxxx. Exception cleared.


Seller Comment (2018-09-08): uploaded
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773061 6000032159-3879 08/23/2018 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Cover sheet provided. No documentation of Date disclosure provided     Reviewer Comment (2018-09-26): Received Home Loan Toolkit cover sheet with delivery date of xx/xx/xxxx. Exception cleared.


Seller Comment (2018-09-08): uploaded
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7773062 6000032159-6305 08/23/2018 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. signature date taken from document     Reviewer Comment (2018-10-17): Confirmed the initial LE dated xx/xx/xxxx was a fixed rate loan and the program changed on xx/xx/xxxx. Borrower acknowledged the receipt of the disclosure on xx/xx/xxxx. Exception cleared.


Seller Comment (2018-10-17): The application was taken on xx/xx/xxxx. Initial LE dated xx/xx/xxxx was issued by the Broker with fixed loan product. Revised LE was issued on xx/xx/xxxx with ARM product. The Early ARM Disclosure was issued and signed by the borrower on xx/xx/xxxx .


Reviewer Comment (2018-09-26): Initial ARM Disclosure is dated xx/xx/xxxx. ARM Disclosure received in trailing documents is dated xx/xx/xxxx. Both are outside 3 days of the application date. Exception remains.


Seller Comment (2018-09-08): Uploaded
 10/17/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7822769 6000032159-5404 08/27/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2016)       Reviewer Comment (2018-10-08): Bank Statement loan 4506T is not required.


Reviewer Comment (2018-09-26): Section X.2 - Income Verification Requirements/ALT-DOC Income Verification Requirements indicates: ALT-DOC loans require a completed, signed and dated IRS form 4506t at closing for all borrowers whose income is used to qualify. Exception remains.


Seller Comment (2018-09-08): Invalid exception: 4506T not applicable, loan program is an AltQM bank statement qualification.
 10/08/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 7822793 6000032159-6569 08/27/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-26): Received acceptable Desk Review dated 9/3/2018 for secondary valuation required for securitization. Exception cleared.


Seller Comment (2018-09-08): Investor to Request
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 8263864 6000032159-855 09/26/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 10/24/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-09): PDI received reflecting No Damage
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 8265254 6000032159-24186 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $12,071.40 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Escrowed Property Costs Over Year 1 on pg 4 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.


Seller Comment (2018-10-19): They don’t date their COCs, but here is the one they sent to the borrower on 11-9

File was submitted as a fixed product and a new LE was issued on 11-9 for the program change. UW fee will now be an origination fee per program/ product change
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265255 6000032159-4673 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/560055) Projected Payments - stream 1 on pg 1 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265256 6000032159-4673 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/560056) Projected Payments - stream 2 on pg 1 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.


Seller Comment (2018-10-19): They don’t date their COCs, but here is the one they sent to the borrower on 11-9

File was submitted as a fixed product and a new LE was issued on 11-9 for the program change. UW fee will now be an origination fee per program/ product change
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265257 6000032159-4673 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/560057) Projected Payments - stream 3 on pg 1 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.


Seller Comment (2018-10-19): They don’t date their COCs, but here is the one they sent to the borrower on 11-9

File was submitted as a fixed product and a new LE was issued on 11-9 for the program change. UW fee will now be an origination fee per program/ product change
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265258 6000032159-4673 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/560058) Projected Payments - stream 4 on pg 1 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.


Seller Comment (2018-10-19): They don’t date their COCs, but here is the one they sent to the borrower on 11-9

File was submitted as a fixed product and a new LE was issued on 11-9 for the program change. UW fee will now be an origination fee per program/ product change
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265259 6000032159-4675 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/560055) Estimated Total Monthly Payment - stream 1 on pg 1 of xx/xx/xxxx CD is based on monthly property taxes of $934.23. AMC is utilizing 1.25% for CA purchase resulting in $947.92 and PC-CD did not cure.     Reviewer Comment (2018-10-19): Lender documented tax rate was located. Exception Cleared.


Seller Comment (2018-10-19): They don’t date their COCs, but here is the one they sent to the borrower on 11-9

File was submitted as a fixed product and a new LE was issued on 11-9 for the program change. UW fee will now be an origination fee per program/ product change
 10/19/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265353 6000032159-5180 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) # of mo. is blank for Property Taxes in the Other Costs - F. Prepaids section of the xx/xx/xxxx CD.     Reviewer Comment (2018-09-26): PC-CD dated correctly reflected the # of mo. for Property Taxes. Exception cleared.
 09/26/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265403 6000032159-4404 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Total Interest Percentage (TIP) on pg 5 of xx/xx/xxxx CD of 95.306% does not match calculated TIP of 93.571% and PC-CD did not cure.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8265604 6000032159-6295 09/26/2018 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. (Initial/xx/xx/xxxx) LE with Date Issued of xx/xx/xxxx was electronically signed by the borrower on xx/xx/xxxx. However, the Your Consent To Do Business Electronically document, provided as a trailing document, was not accepted by the borrower until xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 8265781 6000032159-23897 09/26/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Revised LE with Date Issued of xx/xx/xxxx is not signed and therefore the mailbox rule applies, which indicates the borrower received the revised LE after the date of the initial CD issued on xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032159 xxxx 8266098 6000032159-6542 09/26/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,250.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) xx/xx/xxxx revised LE added Points of $2,250 with no Change of Circumstance or Rate Lock provided and PC-CD did not cure.     Reviewer Comment (2019-03-01): Received Change of Circumstance exception has been cleared.


Reviewer Comment (2018-10-30): Please provide a COC at the time of change or a copy of the rate lock to cure.


Seller Comment (2018-10-30): xx/xx/xxxx is a locked LE. A valid COC was completed. Cure is not required. see attached LE dated xx/xx/xxxx
 03/01/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8266100 6000032159-6542 09/26/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) xx/xx/xxxx LE indicated $1,695 fee was an Underwriting Fee. xx/xx/xxxx revised LE indicated $1,695 fee was an Origination Fee with no Change of Circumstance provided and PC-CD did not cure.     Reviewer Comment (2019-03-01): COC was not provided exception remains open.


Seller Comment (2019-02-20): Please see attached COC dated xx/xx/xxxx.


Reviewer Comment (2018-10-30): Please provide a copy the COC dated xx/xx/xxxx. It was not located in the file.


Seller Comment (2018-10-30): xx/xx/xxxx was a Floating LE. A valid COC was completed on xx/xx/xxxx. Cure is not required.
       2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8266101 6000032159-6542 09/26/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $64.00 exceeds tolerance of $61.00. Insufficient or no cure was provided to the borrower. (7580) Tax Service Fee was increased from $61 to $64 with no Change of Circumstance provided and PC-CD did not cure.     Reviewer Comment (2019-03-01): Fee increased on LE dated xx/xx/xxxx, COC was not provided exception remains open.


Seller Comment (2019-02-20): Please see attached LE dated xx/xx/xxxx borrower was charged $64, a cure was not required.


Reviewer Comment (2018-10-30): Initial LE dated xx/xx/xxxx disclosed the Tax Service Fee as $61.00 and Final Closing Disclosure disclosed the fee as $64.00. Please provide an LOE, refund, corrected CD and proof of delivery.


Seller Comment (2018-10-30): Tax Service fee was disclosed $64 from the Initial LE. Cure is not required.
       2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032159 xxxx 8266303 6000032159-4826 09/26/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Pg 3 of the xx/xx/xxxx CD did not disclose a tolerance cure and PC-CD did not cure.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028060 xxxx 7760878 6000028060-3862 08/22/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-09-19): Received CDA exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028060 xxxx 7760884 6000028060-6569 08/22/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.


Reviewer Comment (2018-09-07): CDA ordered


Seller Comment (2018-09-06): investor to request
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028060 xxxx 7763532 6000028060-7038 08/22/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Missing initial Closing Disclosure provided to the Borrower at least 3 business days prior to consummation. File only contains the final CD.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B B A B B C A Non QM Non QM No
xxxx 6000028060 xxxx 7772424 6000028060-6297 08/23/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. The images do not contain evidence of E-Consent provided to the Borrower within 3 business days of the initial application date             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B B A B B C A Non QM Non QM No
xxxx 6000028060 xxxx 7773685 6000028060-17648 08/23/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) TRID Non Compliant: Seller paid closing costs disclosed on the Seller's CD totaled $52,638.05. Seller paid closing costs disclosed on the Borrowers CD totaled $46,886.55     Reviewer Comment (2018-10-04): Exception is cured with Letter of Explanation and PCCD dated 9/7/2017 reflecting seller paid fees of $52,548.05 which now match the seller paid fees on the Master Final Settlement Statement.


Seller Comment (2018-10-01): see attached final HUD-1 with seller fees and PCCD, seller fees match.
   10/04/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B A B B C A Non QM Non QM Yes
xxxx 6000028060 xxxx 8380976 6000028060-855 10/04/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 07/15/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-17): PDI received reflecting No Damage.
 10/17/2018     1 A xx/xx/xxxx CA Primary Purchase   C B B A B B C A Non QM Non QM No
xxxx 6000028067 xxxx 7779096 6000028067-2798 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   There is no signed final 1003, signed by the borrower or lender, in file.     Reviewer Comment (2018-09-24): Received final signed 1003 dated xx/xx/xxxx. Exception cleared.


Seller Comment (2018-09-07): Final Provided
 09/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7784259 6000028067-855 08/23/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 10/20/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 The property is located in xxxxx, CA. Provide a post-disaster inspection verifying there was no damage from xxxx. The inspection must include exterior photos and the property must be re-inspected on or after xx/xx/xxxx.     Reviewer Comment (2018-10-12): PDI received reflecting No Damage
 10/12/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7786481 6000028067-4376 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure reflects a finance charge of $345,911.04. Calculated Finance charge of $347,113.54. Variance of $1,202.50.     Reviewer Comment (2018-09-24): Exception for TRID Final Closing Disclosure Finance Charge is cleared with receipt of post consummation CD dated 12/1/2017.


Seller Comment (2018-09-07): refer to CD's as follows; along with final Alta. xx/xx/xxxx, xx/xx/xxxx x 2 & PCCD dated xx/xx/xxxx shows accurate amount financed of $ 345,533.47
 09/24/2018     1 A xx/xx/xxxx CA 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 C B C B A A Non QM Non QM Yes
xxxx 6000028067 xxxx 7786595 6000028067-6468 08/23/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller's CD shows $37,180.80 in seller paid closing costs; borrower's final CD shows $37,620.80. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.     Reviewer Comment (2018-09-24): Post consummation CD dated 12/1/2017 provided. Seller paid fees are consistent. Exception cured.
   09/24/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000028067 xxxx 7787925 6000028067-5366 08/23/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Lender approved exception to allow Condo projects in pending litigation-construction defect; DTI > 45%. Qualifying score is 742 - Program requires 700

Self Employed Borrower is the xxx for xxx and xxx for 15 years		   Reviewer Comment (2018-10-09): Client elects to waive with Comp Factors


Reviewer Comment (2018-09-24): Lender exception already in loan file. Need investor approved exception in order to waive DTI exception. Exception remains.


Seller Comment (2018-09-07): DTI EXCEPTON PROVIDED IN Loan Approval Summary. BOC acknowledges exception and is requesting a waiver
     10/09/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7825902 6000028067-3677 08/27/2018 Compliance Compliance Federal Compliance 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 Risk. Lender approved exception to allow Condo projects in pending litigation-construction defect; DTI > 45%.     Reviewer Comment (2018-10-09): Client elected to waive DTI exception


Reviewer Comment (2018-09-24): This exception remains outstanding until DTI exception is addressed.


Seller Comment (2018-09-07): Final Provided


Seller Comment (2018-09-07): BOC acknowledges exception and is requesting a waiver, refer to Loan Approval Summary w/DTI Exception
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000028067 xxxx 7825903 6000028067-5695 08/27/2018 Compliance Compliance Federal Compliance 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 approved exception to allow Condo projects in pending litigation-construction defect; DTI > 45%.     Reviewer Comment (2018-10-09): Client elected to waive DTI exception


Reviewer Comment (2018-09-24): This exception remains outstanding until DTI exception is addressed.


Seller Comment (2018-09-07): refer to all CD's provided, xx/xx/xxxx 1 & 2.
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7829239 6000028067-5366 08/27/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 45.14787% exceeds Guideline total debt ratio of 45.00000%. Lender approved exception to allow Condo projects in pending litigation-construction defect; DTI > 45%. Qualifying score is 742 - Program requires 700

Self Employed Borrower is the xxx for xxx and xxx for 15 years		   Reviewer Comment (2018-10-09): Client elects to waive with Comp Factors


Reviewer Comment (2018-09-24): Lender exception already in loan file. Need investor approved exception in order to waive DTI exception. Exception remains.


Seller Comment (2018-09-07): exception to DTI referred on Loan approval summary
     10/09/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7837744 6000028067-4197 08/28/2018 Compliance Compliance Miscellaneous Compliance Federal Loan Originator Compensation - Anti-Steering: Unable to determine Safe Harbor due to non-compliant Anti-Steering Disclosure Loan Originator Compensation: Anti-Steering -Unable to determine Safe Harbor due to non-compliant Anti-Steering Disclosure. Missing Loan Options worksheet for Anti-steering disclosure.             2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7838077 6000028067-4264 08/28/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 14.96 is less than Guideline PITIA months reserves of 18.00.   Qualifying score is 742 - Program requires 700

Self Employed Borrower is the xxx for xxx and xxx for 15 years		   Reviewer Comment (2018-10-09): Client elects to waive with Comp Factors


Reviewer Comment (2018-09-24): xxxx acct 3017 is a business checking account. Guidelines indicate business funds may be used for reserves but require CPA/Tax Preparer letter or 6 month Cash Flow Analysis, completed by the Underwriter, to verify the use of the business funds will not have any negative impact on the performance of the business. Loan file did not contain documentation to allow the use of the xxxx business funds. Exception remains.


Seller Comment (2018-09-07): 18 months PITIA reserves validated with an additional months., xxxx acct ending in xxprovided from November 2016 through October 2017. xxxx ending in xx from 9/2017 through 10/2017 from old CS act ending in 2462 also provided 8/2017 through end of 10/2017. refer to Asset Calc. worksheet. If bank statements are missing please specify.
     10/09/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 7845044 6000028067-24848 08/28/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-24): Received secondary valuation dated 8/31/2018 for securitization. Exception cleared.


Seller Comment (2018-09-07): investor to request
 09/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000028067 xxxx 8209234 6000028067-4404 09/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD dated xx/xx/xxxx reflects TIP of 94.771%. which is greater than the calculated TIP of 92.763%. PC-CD does not cure the TIP issue on the Final CD.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7788907 6000028227-4826 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) This exception is due to open 0% or 10% tolerance exceptions and will be cured when all tolerance violations are resolved.     Reviewer Comment (2018-10-02): This exception still remains due to the outstanding 0% tolerance issue.


Seller Comment (2018-09-26): see PCCD and final HUD-1.
       2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7788908 6000028227-7038 08/24/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.     Reviewer Comment (2018-09-24): Disclosure Tracking was provided


Seller Comment (2018-09-21): see attached e-disclosure tracking, borrower viewed initial CD on 1/5/18, final 1/8/18.
 09/24/2018     1 A xx/xx/xxxx WA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028227 xxxx 7788910 6000028227-6543 08/24/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $300.00 exceeds tolerance of $183.00 plus 10% or $201.30. Insufficient or no cure was provided to the borrower. (0) 10% Fee Tolerance exceeded... $300.00 exceeds tolerance of $183.00 plus 10% or $201.30 and no cure was provided to the borrower     Reviewer Comment (2018-09-19): Received Post Consummation disclosure, LOE, and Final Settlement Statement exception has been cured.


Seller Comment (2018-09-08): refer to settlement statement attached to sellers CD xx/xx/xxxx,
   09/19/2018   2 B xx/xx/xxxx WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7788911 6000028227-6542 08/24/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $2,940.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73109) Mortgage Broker Fee Amount of $2,940.00 exceeds 0% tolerance and no cure was provided to the borrower     Reviewer Comment (2018-10-17): Valid COC for rate lock was provided.


Seller Comment (2018-10-16): Loan was initially submitted as lender paid with a cost to the borrower (points) and locked on 12/29/17 as Borrower paid. Switching to borrower paid from lender paid is a valid COC and it was disclosed within 3 days of the lock to the borrower. Borrower paid will now show as a broker fee on the revised LE


Reviewer Comment (2018-10-08): COC dated 1/2/2018 indicates "Locked". Adding Broker fees is not a valid COC when locking the loan.


Seller Comment (2018-10-03): see attached COC dated 1/2/18.


Reviewer Comment (2018-09-19): Initial LE reflects loan discount points of $2947, however LE dated 1/2/18 removed loan discount points and added broker fee for $2940 without a valid COC. Exception remains open.


Seller Comment (2018-09-08): Initial LE xx/xx/xxxx indicates a broker fee of 2947.00. it has been reduced,. exception is invalid.
 10/17/2018     1 A xx/xx/xxxx WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7788922 6000028227-4404 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD Total Interest Percentage (TIP) of 99.115% does match the calculated TIP of 97.082%.     Reviewer Comment (2018-10-02): PCCD with Date Issued of xx/xx/xxxx still does not cure this exception. Exception remains.


Seller Comment (2018-09-26): see PCCD, interest is 5.25.
       2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7794611 6000028227-2798 08/24/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-09-19): Received final 1003 exception has been cleared.


Seller Comment (2018-09-08): uploaded
 09/19/2018     1 A xx/xx/xxxx WA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028227 xxxx 7799615 6000028227-6297 08/24/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. The file was missing a copy of the consent to receive electronic disclosures.     Reviewer Comment (2018-10-02): Received document tracking log for initial CD. Exception is for evidence of the borrowers consenting to receive disclosures electronically. Exception remains.


Seller Comment (2018-09-26): see e-tracking disclosure, borrower accepted consent on 1/5/18.
       2 B xx/xx/xxxx WA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028227 xxxx 7799620 6000028227-6468 08/24/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller's CD shows $32,775.25 in seller paid closing costs, borrower's final CD shows $33,399.12. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.     Reviewer Comment (2018-10-02): PCCD with Date Issued of xx/xx/xxxx does not cure exception. PCCD indicates seller paid costs of $32,775.75 while Seller CD indicates $32,775.25, which is a 50 cent difference. Exception remains.


Seller Comment (2018-09-26): See PCCD, seller paid fees $32,775.25.
       2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028227 xxxx 7846414 6000028227-7409 08/28/2018 Compliance Compliance Federal Compliance TILA LO Compensation (Impermissible Compensation Method) Loan Originator Compensation (Dodd-Frank 2014): Unable to determine Compensation method used.       Reviewer Comment (2018-10-02): Received Loan Options Certification, which appears to be the anti-steering disclosure not the LO Comp disclosure. This disclosure does not reflect the compensation method used. Exception remains.


Seller Comment (2018-09-26): See LO option cert.
       2 B xx/xx/xxxx WA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028227 xxxx 7872544 6000028227-24848 08/29/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.


Seller Comment (2018-09-08): Investor to request
 09/19/2018     1 A xx/xx/xxxx WA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028068 xxxx 7780766 6000028068-2798 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2018-10-08): Received Demographic Information Addendum for final 1003. Exception cleared.


Seller Comment (2018-10-03): see attached 1003 and demographic addendum.


Reviewer Comment (2018-09-19): Final 1003 has not been uploaded, exception remains open.


Seller Comment (2018-09-09): Uploaded
 10/08/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 7793501 6000028068-3862 08/24/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 The subject is located in a FEMA Disaster Area. A post-disaster inspection is required verifying there was no damage to the subject. The inspection must include exterior photos of the subject.     Reviewer Comment (2018-09-19): Exception has been cleared.
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 7793851 6000028068-6569 08/24/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.


Seller Comment (2018-09-09): Investor to request
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 7795043 6000028068-4826 08/24/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for (Recording fee) of ($297.50) was not provided.     Reviewer Comment (2018-09-19): Received Post Consummation disclosure and LOE exception has been cured.
   09/19/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028068 xxxx 7795044 6000028068-7038 08/24/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2018-09-19): Received initial CD exception has been cleared.


Seller Comment (2018-09-09): Initial CD delivered on xx/xx/xxxx and, final on xx/xx/xxxx and PCCD on xx/xx/xxxx. also uploaded Final Alta with closing date of xx/xx/xxxx
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 7795045 6000028068-17648 08/24/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) Seller paid fees on the Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure. Seller CD reflects $12,450.52 in seller paid closing costs, borrower's final CD reflects $13,303.17 in seller paid closing costs and PCCD dated 3/2/18 reflects $12,714.80. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing changes made.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000028068 xxxx 7795299 6000028068-6543 08/24/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $600.00 exceeds tolerance of $275.00 plus 10% or $302.50. Insufficient or no cure was provided to the borrower. (0) Fee was lowered on post close CD dated 3/2/18 but no proof of actual cure to borrower provided in file and figures do not match Final Settlement Statement as loan funded.     Reviewer Comment (2018-09-19): Received Post Consummation disclosure, LOE, and Final Settlement Statement exception has been cured.


Seller Comment (2018-09-09): refer to final alta provided in previous exception. refund to borrower of 730.00
   09/19/2018   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000028068 xxxx 7872546 6000028068-24848 08/29/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-19): Received CDA exception has been cleared.


Seller Comment (2018-09-09): Investor to request
 09/19/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 8153450 6000028068-855 09/19/2018 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 01/09/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2018-10-09): PDI received reflecting No Damage
 10/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000028068 xxxx 8153637 6000028068-7038 09/19/2018 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) New exception added after review of trailing documents. Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2018-10-08): Received xx/xx/xxxx CD signed by borrower on xx/xx/xxxx. Exception cleared.


Seller Comment (2018-10-03): see CD signed by the borrower on xx/xx/xxxx.
 10/08/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000028066 xxxx 7846061 6000028066-3126 08/28/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. LO Comp disclosure missing from the loan file             2 B xx/xx/xxxx OR Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000028066 xxxx 7846064 6000028066-4404 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 113.133% but calculated TIP is 111.304%, which is outside of .003% tolerance. Used Index Value = 2.771% per Loan Approval Summary document in file.             2 B xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000028066 xxxx 7846065 6000028066-17648 08/28/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller's CD shows $21,951.23 in seller paid closing costs, borrower's final CD shows $22,511.23. A corrected post close CD reflecting accurate seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made is needed.             2 B xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000028242 xxxx 7830298 6000028242-2798 08/27/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Missing final signed 1003.     Reviewer Comment (2018-09-24): The final 1003 was provided


Seller Comment (2018-09-21): see attached signed final 1003
 09/24/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7841507 6000028242-23365 08/28/2018 Compliance Compliance Federal Compliance Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.19742% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $5,339.38 on a Federal Total Loan Amount of $166,990.29 vs. an investor allowable total of $5,009.70 (an overage of $329.68 or .19742%). Fees exceed max allowed of 3% by $329.68, or .19742%.             2 B xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM Yes
xxxx 6000028242 xxxx 7841508 6000028242-3126 08/28/2018 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. The required disclosure was not provided to the Borrower within 3 business days of the initial application date.             2 B xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7841509 6000028242-6297 08/28/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. The required disclosure was not provided to the Borrower within 3 business days of the initial application date.             2 B xx/xx/xxxx AZ Second Home Purchase No Defined Cure C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7841510 6000028242-4371 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final CD reflects a closing date of xx/xx/xxxx, Notary date and borrower signature date is xx/xx/xxxx.             2 B xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000028242 xxxx 7841511 6000028242-24186 08/28/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $2,030.50 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The amount of escrowed property disclosed on the CD over 1 year is $2,030.05 the final CD , Taxes and Insurance for 1 year total $2,214.60     Reviewer Comment (2018-09-26): Page #4 is correct


Seller Comment (2018-09-24): Per compliance:
The amount reflected on page 4 of the Closing Disclosure in the “During the first year” section is reflecting a 12 month period as required per regulation 1026.38(l)(7)(i)(B)(1). Because the payments are made in arrears, the total payments being made during the first year would be a total of 11 months. During the first year (12 month period) beginning with consummation, the borrower is paying 11 months payments in the first 12 month period.
 09/26/2018     1 A xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000028242 xxxx 7841517 6000028242-7038 08/28/2018 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) The images do not contain the Initial Closing Disclosure issued at least 3 business days prior to consummation.     Reviewer Comment (2018-09-24): Disclosure Tracking was provided.


Seller Comment (2018-09-21): see attached e-disclosure, borrower viewed the initial CD on 5/31/17.
 09/24/2018     1 A xx/xx/xxxx AZ Second Home Purchase No Defined Cure C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7841519 6000028242-3988 08/28/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Loan estimate dated xx/xx/xxxx was not signed by the borrower. Presumed date received is xx/xx/xxxx. Closing Disclosure dated xx/xx/xxxx     Reviewer Comment (2018-09-24): Disclosure Tracking was provided.
 09/24/2018     1 A xx/xx/xxxx AZ Second Home Purchase No Defined Cure C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7842799 6000028242-4264 08/28/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 23.63 is less than Guideline PITIA months reserves of 24.00. Per guidelines, 24 months reserves required. Insufficient assets to cover reserve requirement Immaterial reserves exception (23.6 vs. 24) Aggregator Reviewer Comment (2018-10-05): Client elects to waive the exception.
     10/05/2018 2 B xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7842847 6000028242-5404 08/28/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2017) The images do not contain a signed 4506T form from the Borrower.     Reviewer Comment (2018-10-05): Bank statement program 4506-T not required exception has been cleared.
 10/05/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000028242 xxxx 7919062 6000028242-6468 09/01/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) Seller paid fees on the Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure. Seller CD reflects $14,853.35 in seller paid closing costs, borrower's final CD reflects $15,166.35 in seller paid closing costs.             2 B xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000028242 xxxx 7919549 6000028242-6569 09/01/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-18): Received CDA exception has been cleared.
 09/18/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000028069 xxxx 7772126 6000028069-2798 08/23/2018 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 was not located in file.     Reviewer Comment (2018-09-18): Received 1003 exception has been cleared.
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7772154 6000028069-2802 08/23/2018 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003         Reviewer Comment (2018-09-18): Received 1003 exception has been cleared.


Seller Comment (2018-09-08): Uploaded
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7778202 6000028069-4087 08/23/2018 Compliance Compliance Federal Compliance RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.             2 B xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7778210 6000028069-7083 08/23/2018 Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing Irregular Transactions TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on xx/xx/xxxx contains a change in APR, loan product or addition of prepayment penalty and was not received by borrower at least three (3) business days prior to consummation Corrected Closing Disclosure provided on xx/xx/xxxx contains a change in APR, loan product or addition of prepayment penalty and was not received by borrower at least three (3) business days prior to consummation     Reviewer Comment (2018-09-18): Received initial CD exception has been cleared.


Seller Comment (2018-09-08): all CD's provided as follows:
LE with COC dated 12.13.17 also uploaded with 11.7.17 LE


Seller Comment (2018-09-08): disbursement of funds also completed on xx/xx/xxxx.


Seller Comment (2018-09-08): Note dated xx/xx/xxxx, closing occurred same day. Loan is a purchase rescission period would not apply. Proof of receipt of xx/xx/xxxx which indicates the correct closing date. Proof of receipt dated xx/xx/xxxx. Settlement statement provided with sellers CD is not final Alta.
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7778281 6000028069-23895 08/23/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/12/13/2017) Verification of received date of final LE was not provided.     Reviewer Comment (2018-09-18): Received disclosure tracking exception has been cleared.


Seller Comment (2018-09-08): LE 12.13.17 with COC and disclosure tracking provided
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7778282 6000028069-3988 08/23/2018 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 12/13/2017 not received by borrower at least four (4) business days prior to closing. (Interim/12/13/2017) Verification of received date of final LE was not provided.     Reviewer Comment (2018-09-18): Received disclosure tracking exception has been cleared.


Seller Comment (2018-09-08): provided COC 12.13.17 and disclosure tracking for proof of receipt.
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000028069 xxxx 7780405 6000028069-4404 08/23/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects total interest percentage of 104.37%; calculated total interest percentage is 102.595%.     Reviewer Comment (2018-09-18): Received CDs, however TIP is still 104.37% on Final CD. Please provide corrected CD and LOE in order to cure exception.


Seller Comment (2018-09-08): see all CD's provided in previous exception
       2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000028069 xxxx 7845065 6000028069-24848 08/28/2018 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2018-09-18): Received CDA exception has been cleared.


Seller Comment (2018-09-08): Investor to request
 09/18/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000025238 xxxx 8045572 6000025238-6297 09/11/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Evidence of the borrowers consent to receive documentation electronically was not provided.     Reviewer Comment (2018-09-11): Consent form provided reflect consent was given on xx/xx/xxxx


Buyer Comment (2018-09-11): (xxxx)please see docs
 08/07/2018     1 A xx/xx/xxxx SC Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000025238 xxxx 8045573 6000025238-4357 09/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) The Note contains language allowing an assumption but the final closing disclosure does not allow for assumption.     Buyer Comment (2018-09-11): non-material: Assumption will be serviced as defined by the note and mortgage recording.
     08/08/2018 2 B xx/xx/xxxx SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000025238 xxxx 8045574 6000025238-4890 09/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/500920) Projected P&L Minimum Payment for payment stream 3 on CD issued 7/27/2018 disclosed a payment of $2,188. The actual minimum payment is $4,350.     Reviewer Comment (2018-09-11): This is not valid, it is due to differing payment stream models. CD is properly disclosed.
 08/07/2018     1 A xx/xx/xxxx SC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000025238 xxxx 8045575 6000025238-4890 09/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/500921) Projected P&L Minimum Payment for payment stream 4 on CD issued 7/27/2018 disclosed a payment of $2,188. The actual minimum payment is $4,350.     Reviewer Comment (2018-09-11): This is not valid, it is due to differing payment stream models. CD is properly disclosed.
 08/07/2018     1 A xx/xx/xxxx SC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000025238 xxxx 8045576 6000025238-3831 09/11/2018 Credit Credit Miscellaneous Credit Exception:   1 x 30 x 12 mortgage late exceeds maximum allowed of 0 x 30 x 12 on EA Plus NCE Program. Credit report reflects late date of 8/2017. Note dated xx/xx/xxxx. DTI below max by 5% or greater. 37.16% vs 43%

Time on Job of 5 years or greater. Borrower self employed xxx for 8 years.

PITIA reserves above minimum by 6 months or greater. 44 vs 12 months

FICO score above minimum by 20 points or greater . 745 vs 680		   Reviewer Comment (2018-09-11): Client waived with comp factors.


Buyer Comment (2018-09-11): (xxxx)xxxx only counts housing lates against primary residence. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater . 745 vs 680
PITIA reserves above minimum by 6 months or greater. 44 vs 12 months
Time on Job of 5 years or greater. Borrower self employed business owner for 8 years.
DTI below max by 5% or greater. 37.16% vs 43%


Reviewer Comment (2018-09-11): Delinquency is a housing event, loan was submitted as NCE however is SCE. Guidelines do not specify primary housing.


Buyer Comment (2018-09-11): (xxxx)borrower has been renting the past 8 yrs so this 1x30 is not on their primary. Housing events are counted regardless of occupancy, however lates are only counted on the primary. Condition is not applicable.
     08/07/2018 2 B xx/xx/xxxx SC Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000025227 xxxx 8045647 6000025227-6445 09/11/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.40330% or Final Disclosure APR of 6.43200% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Mortgage Loan. Loan is a compliant higher priced mortgage.     Reviewer Comment (2018-09-11): Higher Priced Mortgage Loan for CA and FED Compliant
     07/30/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025227 xxxx 8045648 6000025227-17176 09/11/2018 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.40330% or Final Disclosure APR of 6.43200% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Loan. Loan is a compliant higher priced mortgage.     Reviewer Comment (2018-09-11): Higher Priced Mortgage Loan for CA and FED Compliant
     07/30/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025227 xxxx 8045649 6000025227-4371 09/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The date of the final closing disclosure is xx/xx/xxxx but the date of consummation is xx/xx/xxxx.     Reviewer Comment (2018-09-11): Seller provided corrected CD and LOE to borrower.


Seller Comment (2018-09-11): Please see PCCD items provided.
   08/02/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000025227 xxxx 8045650 6000025227-17649 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) No seller fees were reflected on the Borrower's CD.     Buyer Comment (2018-09-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     08/06/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000025227 xxxx 8045651 6000025227-3831 09/11/2018 Credit Credit Miscellaneous Credit Exception:   $45,348.09 bank statement income for xxxx is not within $49,882.80 (10%) tolerance, however it is within $52,150.04 (15%) tolerance. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater: 29.13 vs 6

FICO score above minimum by 20 points or greater: 805 vs 720

Time on Job of 5 years or greater: 6.55 years

DTI below max by 5% or greater. 14.89% vs 43%		   Reviewer Comment (2018-09-11): Per xxxx Matrix - QC Notes.
     07/30/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025227 xxxx 8045652 6000025227-2919 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   xxxx Eligibility Waiver approves exception for subject property with less square footage than departing residence borrower is retaining as an investment property. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater: 29.13 vs 6

FICO score above minimum by 20 points or greater: 805 vs 720

Time on Job of 5 years or greater: 6.55 years

DTI below max by 5% or greater. 14.89% vs 43%		   Reviewer Comment (2018-09-11): Per xxxx Matrix - QC Notes
     07/30/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025227 xxxx 8045653 6000025227-3214 09/11/2018 Credit Income / Employment Income Documentation Employment Error: Employment start date not provided.   Missing verification borrower's business xxx has been in business a minimum of 2 years from a third party entity. CPA letter verifies 50 % ownership but does not address length of business ownership. Application indicates 20 years. File has business entity for xxx which reflects 6.55 years, however the entity name does not match.     Reviewer Comment (2018-09-11): Seller provided documentation indication business has been established for approximately 28 years.


Seller Comment (2018-09-11): Please see items provided.
 08/03/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025290 xxxx 8045668 6000025290-2811 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided. 0 X 30 24 month housing history. 84 months 0 x 30

Time on Job of 5 years or greater. Borrower has job stability of 20 years.		   Reviewer Comment (2018-09-11): Client waived with verified compensating factors.


Buyer Comment (2018-09-11): (xxxx)Expanded DTI > 43% - xxxx elects to waive with comp factors:
Time on Job of 5 years or greater. Borrower has job stability of 20 years.
0 X 30 24 month housing history. 84 months 0 x 30
     08/15/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000025290 xxxx 8045669 6000025290-4264 09/11/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 6.66 is less than Guideline PITIA months reserves of 12.00. xxxx Eligibility waiver granted allowing 6 months reserves vs. 12 months as required by guidelines. 0 X 30 24 month housing history. 84 months 0 x 30

Time on Job of 5 years or greater. Borrower has job stability of 20 years.		   Reviewer Comment (2018-09-11): xxxx Eligibility waiver granted.
     08/14/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000025246 xxxx 8045806 6000025246-4371 09/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD reflects closing date of xx/xx/xxxx. Date Security instrument notarized (consummation) was xx/xx/xxxx. This was corrected on PC CD, but LOE to borrower was not located to complete cure.     Reviewer Comment (2018-09-11): Seller provided LOE to borrower


Seller Comment (2018-09-11): Please provide PC CD, LOE and delivery to borrower
   08/13/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Non QM Yes
xxxx 6000025246 xxxx 8045807 6000025246-3133 09/11/2018 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) xxxx Submission Sheet reflects designation of Safe Harbor QM however bank statement income is Non-QM.     Reviewer Comment (2018-09-11): Updated Submission Form provided with QM status of Non QM
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000025246 xxxx 8045808 6000025246-3867 09/11/2018 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. xxxx Submission Sheet reflects designation of Safe Harbor QM however bank statement income is Non-QM.     Reviewer Comment (2018-09-11): Updated Submission Form provided with QM status of Non QM


Seller Comment (2018-09-11): Please provide Submission form with QM status of NonQM/ATR Compliant
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Non QM Yes
xxxx 6000025246 xxxx 8045809 6000025246-5404 09/11/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet The bank statement analysis worksheet was not provided.     Reviewer Comment (2018-09-11): Worksheet provided.
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000025246 xxxx 8045811 6000025246-6468 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) The Variance is $50 and due to different fees listed for HOA Documents to xxx. The Final Consumer CD reflects fee as $475, and the Sellers CD reflects fee as $425.00. Post Closing CD issued 7/30/2018 reflects cure however the letter of explanation was not provided.     Buyer Comment (2018-09-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     08/14/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Non QM Yes
xxxx 6000025246 xxxx 8045812 6000025246-22655 09/11/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2018-09-11): Updated Submission Form provided with QM status of Non QM
   08/13/2018   2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000025291 xxxx 8045840 6000025291-17649 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) The consumer CD did not list the following seller paid fees: Home Warranty in the amount of $425, xxx Charitable Housing Foundation in the amount of $265, Natural Hazard Report in the amount of $95, Overnight/Handling Fee in the amount of $100, Settlement or Closing Fee in the amount of $1642.50, Wire Fee in the amount of $50, Deed Recording Fee in the amount of $100, and Owner’s Title Fee in the amount of $1,052.     Buyer Comment (2018-09-11): Non-material: Seller paid fees on bwr's CD were the only seller paid fees on behalf of borrower. Additional Fees on the Seller CD were costs to the seller. Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid.
     08/09/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000025291 xxxx 8045841 6000025291-6582 09/11/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $375.00 exceeds tolerance of $216.00 plus 10% or $237.60. Sufficient or excess cure was provided to the borrower at Closing. (0) $375 cure was given to the borrower at closing for exceeding the 10% tolerance fee for recording fees of $216 plus 10% of $237.60.         08/06/2018   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000025291 xxxx 8045842 6000025291-23086 09/11/2018 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $195,251.96 is less than Cash From Borrower $265,415.83. Guidelines state the use of business accounts to meet down payment and/or reserves requires a letter from the businesses accountant OR an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business. A CPA letter or underwriter cash flow analysis was not provided to confirm withdrawal of funds will not negatively impact business was not provided.     Reviewer Comment (2018-09-11): CPA letter was provided.


Buyer Comment (2018-09-11): (xxxx)xxxx accepted the attached during pre-close review to satisfy use of business assets.
 08/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025291 xxxx 8045843 6000025291-4264 09/11/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Guidelines state the use of business accounts to meet down payment and/or reserves requires a letter from the businesses accountant OR an underwriter cash flow analysis of the business balance sheet to confirm that the withdrawal will not negatively impact the business. A CPA letter or underwriter cash flow analysis was not provided to confirm withdrawal of funds will not negatively impact business was not provided.     Reviewer Comment (2018-09-11): CPA letter provided.
 08/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025291 xxxx 8045844 6000025291-3831 09/11/2018 Credit Credit Miscellaneous Credit Exception:   Eligibility waiver granted for use of business funds without 100% ownership. Borrower owns 33% of the business with his two brothers. He uses the account regularly and therefore can't go personal bank statement. The business is sold and has been in business for 15 years. FICO score above minimum by 20 points or greater. 790 vs 680

Time on Job of 5 years or greater. Borrower self employed xxx for 15 years.		   Reviewer Comment (2018-09-11): Waiver provided at origination.
     08/08/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025291 xxxx 8045845 6000025291-5404 09/11/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet The Bank statement analysis worksheet was not provided.     Reviewer Comment (2018-09-11): WS provided.


Buyer Comment (2018-09-11): (xxxx)Please see attached.
 08/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000025292 xxxx 8045919 6000025292-1153 09/11/2018 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date. Rate lock not provided in the loan docs.     Buyer Comment (2018-09-11): non-material. Worst case APOR used for testing
     08/15/2018 2 B xx/xx/xxxx ID Primary Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM Safe Harbor QM No
xxxx 6000025271 xxxx 8045920 6000025271-2811 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2018-09-11): Attestation provided.


Buyer Comment (2018-09-11): (xxxx)please see doc
 08/17/2018     1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025271 xxxx 8045922 6000025271-6677 09/11/2018 Compliance Compliance Federal Compliance QM Employment History Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. (xxxx/1574939) Unable to determine Originator Loan Designation, as the xxxx Submission Sheet was not provided.
Employment gap from 3/2/2016 to 10/9/2016 and no letter of explanation in file.		     Reviewer Comment (2018-09-11): Submission as NonQM was provided.
 08/21/2018     1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025271 xxxx 8045923 6000025271-6445 09/11/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.42810% or Final Disclosure APR of 6.27900% is in excess of allowable threshold of APOR 4.56% + 1.5%, or 6.06000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Loan.     Reviewer Comment (2018-09-11): Compliant Higher Priced Loan.
     08/14/2018 1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025271 xxxx 8045924 6000025271-3680 09/11/2018 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM. xxxx Submission sheet not provided indicating originator loan designation. Due diligence determined a designation of Non QM     Reviewer Comment (2018-09-11): Submission as NonQM was provided.
 08/21/2018     1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM Yes
xxxx 6000025271 xxxx 8045925 6000025271-22931 09/11/2018 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is HPML. Evidence of the Residual Income worksheet was not located in file.     Reviewer Comment (2018-09-11): VA WS provided.


Buyer Comment (2018-09-11): (xxxx)please see worksheet
 08/17/2018     1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025271 xxxx 8045926 6000025271-4957 09/11/2018 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Final Closing Disclosure issued xx/xx/xxxx reflected title fees for Closing Protection Letter, Endorsement Fees, and Lenders Title Insurance in Section B which should have been in Section C. Provider used was not listed on the SSPL.     Buyer Comment (2018-09-11): non-material
     08/22/2018 2 B xx/xx/xxxx PA Primary Refinance - Cash-out - Other Good Faith Redisclosure C B C A C B A A UTD Non QM Yes
xxxx 6000025271 xxxx 8045927 6000025271-2808 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   The xxxx Submission Sheet was not provided.     Reviewer Comment (2018-09-11): xxxx submission was provided.


Buyer Comment (2018-09-11): (xxxx)please see sub form
 08/17/2018     1 A xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025271 xxxx 8045928 6000025271-22655 09/11/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission as NonQM was provided.     Reviewer Comment (2018-09-11): Submission as NonQM was provided.
   08/21/2018   2 B xx/xx/xxxx PA Primary Refinance - Cash-out - Other   C B C A C B A A UTD Non QM No
xxxx 6000025284 xxxx 8045956 6000025284-6583 09/11/2018 Compliance Compliance Federal Compliance 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 $675.00 exceeds tolerance of $400.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Appraisal Fee increased from $400 to $675. Sufficient cure was provided to borrower on the Final Closing Disclosure.         08/20/2018   1 A xx/xx/xxxx LA Primary Purchase Final CD evidences Cure B B B A B B A A Non QM Non QM Yes
xxxx 6000025284 xxxx 8045957 6000025284-6583 09/11/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Management Company Fee. Fee Amount of $100.00 exceeds tolerance of $99.00. Sufficient or excess cure was provided to the borrower at Closing. (7510) Appraisal Management fee increased from $99 to $100. Sufficient cure was provided on the Closing Disclosure.         08/20/2018   1 A xx/xx/xxxx LA Primary Purchase Final CD evidences Cure B B B A B B A A Non QM Non QM Yes
xxxx 6000025284 xxxx 8045958 6000025284-17648 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/08/07/2018) Variance of $1,118,023.57 Final CD reflects Seller paid fees of $10,000. Sellers' CD reflects fees of $1,128,023.57. Seller's Disclosure included fees for Commission of $39,875 to listing agent, Commission of $39,875 to Selling Agent; Division of Proceeds $1,046,848.57; HOA 3rd Quarter to LA Homeowners Assoc $820.00; Pest Inspection $95; Title - Cancellation Service fee $85.00; Title Escrow Fee $175.00; Title Mortgage Cancellation Fee $150; Title - Overnight Delivery Fee $25; and Tax Research Fee $75. Final CD included Title fees for Doc Prep $22, Examination Fee $275, Lenders Coverage Premium $3772 and HOA premium of $5,931 not reflected on Sellers CD.



,		     Buyer Comment (2018-09-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     08/23/2018 2 B xx/xx/xxxx LA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Non QM Non QM Yes
xxxx 6000025284 xxxx 8045959 6000025284-22931 09/11/2018 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is over 43% DTI. Evidence of the Residual Income worksheet was not located in the file.     Reviewer Comment (2018-09-11): Not required for asset utilization.


Buyer Comment (2018-09-11): (xxxx)please review Worksheet not required on Asset Utilization loans.
 08/27/2018     1 A xx/xx/xxxx LA Primary Purchase   B B B A B B A A Non QM Non QM No
xxxx 6000025293 xxxx 8045962 6000025293-2811 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2018-09-11): Seller provided UW attestation verifying loan is not eligible for DU or LP.


Buyer Comment (2018-09-11): (xxxx)please see docs
 08/02/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Safe Harbor QM Safe Harbor QM No
xxxx 6000025293 xxxx 8045964 6000025293-1153 09/11/2018 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Reviewer Comment (2018-09-11): Seller provided Rate lock disclosure.


Seller Comment (2018-09-11): please provide copy of borrowers rate lock confirmation
 08/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Safe Harbor QM Safe Harbor QM No
xxxx 6000025293 xxxx 8045965 6000025293-17649 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Borrower's CD reflects $976.80 transfer fee. All other fees are reflected on the seller's CD.     Buyer Comment (2018-09-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     08/03/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Safe Harbor QM Safe Harbor QM Yes
xxxx 6000025293 xxxx 8045966 6000025293-6569 09/11/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Ordered 7/30/18 internally.     Reviewer Comment (2018-09-11): 2nd value provided.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Safe Harbor QM Safe Harbor QM No
xxxx 6000025293 xxxx 8045967 6000025293-2919 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's ATR Certification. FICO score above minimum by 20 points or greater, 797 vs 680

PITIA reserves above minimum by 6 months or greater: 40.13 vs 9		   Reviewer Comment (2018-09-11): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2018-09-11): (xxxx)Borrower signed final 1003 and received copy of toolkit disclosure. Documents are sufficient to meet xxxx's ATR Certification requirement. xxxx elects to waive with compensating factors:
PITIA reserves above minimum by 6 months or greater: 40.13 vs 9
FICO score above minimum by 20 points or greater, 797 vs 680
     08/02/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B C A Safe Harbor QM Safe Harbor QM No
xxxx 6000027856 xxxx 8045978 6000027856-6445 09/11/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.72310% or Final Disclosure APR of 6.70400% is in excess of allowable threshold of APOR 4.58% + 1.5%, or 6.08000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2018-09-11): Higher Priced Mortgage Loan for CA and FED Compliant
     08/17/2018 1 A xx/xx/xxxx NJ Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000027856 xxxx 8045980 6000027856-17649 09/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/0xx/xx/xxxx) Borrower's CD does not reflect any seller paid fees.     Buyer Comment (2018-09-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     08/23/2018 2 B xx/xx/xxxx NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000027856 xxxx 8045981 6000027856-2811 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided. PITIA reserves above minimum by 6 months or greater. 19.41 vs 3.00

FICO score above minimum by 20 points or greater. 794 vs 720

DTI below max by 5% or greater. 16.14730% vs 43.000%		   Reviewer Comment (2018-09-11): Client elected to waive, doc type is not eligible.


Buyer Comment (2018-09-11): (xxxx)Loan was originated as a 24 mo. bank statement loan. Bank Statement doc type are ineligilbe for GSE Delivery. xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 16.14730% vs 43.000%
FICO score above minimum by 20 points or greater. 794 vs 720
PITIA reserves above minimum by 6 months or greater. 19.41 vs 3.00
     08/23/2018 2 B xx/xx/xxxx NJ Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000027856 xxxx 8045982 6000027856-2924 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2018-09-11): Fraud search provided.


Buyer Comment (2018-09-11): (xxxx)please see docs
 08/23/2018     1 A xx/xx/xxxx NJ Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000027856 xxxx 8045983 6000027856-2919 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's attestation of no new debt. Credit Report dated 6/4/2018. Note date xx/xx/xxxx.     Reviewer Comment (2018-09-11): LOE provided.


Buyer Comment (2018-09-11): (xxxx)please see page 1 and 3.
 08/23/2018     1 A xx/xx/xxxx NJ Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000027856 xxxx 8045984 6000027856-5404 09/11/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Required for business bank statement loans. PITIA reserves above minimum by 6 months or greater. 19.41 vs 3.00

FICO score above minimum by 20 points or greater. 794 vs 720

DTI below max by 5% or greater. 16.14730% vs 43.000%		   Reviewer Comment (2018-09-11): Client waived with compensating factors.


Buyer Comment (2018-09-11): (xxxx)Borrower owns a retail business - Liquor store. Per Earnings Summary, borrowers expenses are approx. 47% of the gross income which is reasonable for type of business with cost of goods, labor and office expenses accounted for. xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 16.14730% vs 43.000%
FICO score above minimum by 20 points or greater. 794 vs 720
PITIA reserves above minimum by 6 months or greater. 19.41 vs 3.00
     08/23/2018 2 B xx/xx/xxxx NJ Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000027838 xxxx 8045987 6000027838-2924 09/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2018-09-11): Fraud report provided.


Buyer Comment (2018-09-11): (xxxx)Fraud Guard uploaded on 08/20 and 8/21 Please advise if needs to be re-uploaded?
 08/23/2018     1 A xx/xx/xxxx NJ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000027838 xxxx 8045988 6000027838-5366 09/11/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 47.06119% exceeds Guideline total debt ratio of 43.00000%. DTI of 47.06% exceeds 43% maximum on EA Plus Bank Statement Investment Program. Lender calculated income at $47,084 from final application. Reviewer calculated it at $45,044.75 from signed initial application per guidelines. xxxx Eligibility Waiver not found in file.     Reviewer Comment (2018-09-11): Recalculated DTI was within parameters.
 08/21/2018     1 A xx/xx/xxxx NJ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000025287 xxxx 8499166 6000025287-2868 10/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   purchase agreement is now in the loan file.     Reviewer Comment (2018-10-11): purchase contract provided.


Buyer Comment (2018-10-11): (xxxx)docs uploaded
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499167 6000025287-4961 10/11/2018 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   The cancelled checks are missing but there is 12 months of bank statements showing the rent of $ 3250.00 coming out per month.     Reviewer Comment (2018-10-11): 12 months bank statements support rent.
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499168 6000025287-5791 10/11/2018 Compliance Compliance Federal Compliance Federal FACTA Disclosure Timing Test FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. FACTA disclosure dated 7/12/18 is now in the loan file.     Reviewer Comment (2018-10-11): Additional documentation provided.


Buyer Comment (2018-10-11): (xxxx)please see docs
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499169 6000025287-6583 10/11/2018 Compliance Compliance Federal Compliance 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 $615.00 exceeds tolerance of $495.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Closing Disclosure issued xx/xx/xxxx reflects sufficient cure to borrower.         08/15/2018   1 A xx/xx/xxxx PA Primary Purchase Final CD evidences Cure D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499170 6000025287-3677 10/11/2018 Compliance Compliance Federal Compliance 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. Income documentation to support income and employment used to qualify was not provided.     Reviewer Comment (2018-10-11): Additional documentation provided.
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499171 6000025287-4944 10/11/2018 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxx/Bank Statements) Income documentation including third party verification of current employment was not provided.     Reviewer Comment (2018-10-11): Additional documentation provided.
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499172 6000025287-4942 10/11/2018 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Bank Statements Ability to Repay (Dodd-Frank 2014): Unable to verify Bank Statement income using reasonably reliable third-party records. (xxxx/Bank Statements) Bank statements used to support bank statement income were not provided.     Reviewer Comment (2018-10-11): Missing credit documentation was provided.
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499173 6000025287-4204 10/11/2018 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. All income documentation is missing from the loan docs.     Reviewer Comment (2018-10-11): Missing credit documentation was provided.
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499174 6000025287-17649 10/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) The Final CD issued xx/xx/xxxx did not disclose any Seller Fees.     Buyer Comment (2018-10-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     09/20/2018 2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499175 6000025287-4376 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) CD issued xx/xx/xxxx disclosed finance charge of $460,656.78 and actual finance charge was $486,714.46. The difference is due to lender using index of 2.42%, however the lowest index available was 2.76281%.     Reviewer Comment (2018-10-11): PC CD, LOE, executed Note and ARM Rider to Mortgage were provided to cure the exception. The Margin on the note was reduced from 3.5% to 3.14% to account for index.


Buyer Comment (2018-10-11): (xxxx)Please see attached.
   09/20/2018   2 B xx/xx/xxxx PA 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 D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499176 6000025287-4404 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) CD issued xx/xx/xxxx disclosed a TIP of 111.78% and the actual TIP was 118.175%. The difference is due to the lender using the index of 2.42% however the lowest index available was 2.76281%.     Reviewer Comment (2018-10-11): PC CD, LOE, executed Note and ARM Rider to Mortgage were provided to cure the exception. The Margin on the note was reduced from 3.5% to 3.14% to account for index.
   09/20/2018   2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499177 6000025287-22522 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total of Payments that does not match the actual total of payments for the loan. (Final/xx/xx/xxxx) CD issued xx/xx/xxxx disclosed Total of Payments of $873,467.38 and actual Total of Payments was $898,505.06. The difference is due to lender using index of 2.42%, however the lowest index available was 2.76281%.     Reviewer Comment (2018-10-11): PC CD, LOE, executed Note and ARM Rider to Mortgage were provided to cure the exception. The Margin on the note was reduced from 3.5% to 3.14% to account for index.
   09/20/2018   2 B xx/xx/xxxx PA 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 D B D A C B A A Non QM Non QM Yes
xxxx 6000025287 xxxx 8499178 6000025287-751 10/11/2018 Credit Credit Credit Documentation Credit Report Error: Credit report is missing FICO scores. Credit Report: Original // Borrower: xxxx The credit report(s) did not reflect credit scores for the Coborrower. Credit report pulled 7/3/2018 did not include co-borrower. The Credit report ordered and completed xx/xx/xxxx and included to page 10 of 17 pages.     Reviewer Comment (2018-10-11): Complete credit report provided.


Buyer Comment (2018-10-11): (xxxx)docs uploaded
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499179 6000025287-3831 10/11/2018 Credit Credit Miscellaneous Credit Exception:   Evidence of Property Tax expense for property located at xxxx was not provided.     Reviewer Comment (2018-10-11): Property tax evidence provided.


Buyer Comment (2018-10-11): (xxxx)docs uploaded
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000025287 xxxx 8499180 6000025287-3831 10/11/2018 Credit Credit Miscellaneous Credit Exception:   Property is vacant land and no property taxes are due. Tax Cert is now in the file.     Reviewer Comment (2018-10-11): Property tax evidence provided.


Buyer Comment (2018-10-11): (xxxx)docs uploaded
 08/23/2018     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000027854 xxxx 8499325 6000027854-2924 10/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2018-10-11): Fraus reports provided.


Buyer Comment (2018-10-11): (xxxx)Please see attached.
 09/19/2018     1 A xx/xx/xxxx HI Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000027854 xxxx 8499327 6000027854-1330 10/11/2018 Compliance Compliance Federal Compliance 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 Homeownership Counseling Organizations not provided.     Reviewer Comment (2018-10-11): Disclosure was provided.


Buyer Comment (2018-10-11): (xxxx)Please see attached.
 09/19/2018     1 A xx/xx/xxxx HI Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000027854 xxxx 8499328 6000027854-6445 10/11/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.32870% or Final Disclosure APR of 6.32400% is in excess of allowable threshold of APOR 4.73% + 1.5%, or 6.23000%. Compliant Higher Priced Mortgage Loan. Compliant HPML loan.     Reviewer Comment (2018-10-11): Compliant Higher Priced Mortgage Loan
     09/10/2018 1 A xx/xx/xxxx HI Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000027854 xxxx 8499329 6000027854-4826 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $549.74.     Reviewer Comment (2018-10-11): PC CD and LOE provided for tolerance exception.
   09/19/2018   2 B xx/xx/xxxx HI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000027854 xxxx 8499330 6000027854-6542 10/11/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $549.74 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7713) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing. Per PC CD, this was changed to seller paid, however missing LOE to borrower regarding changes and evidence of delivery.     Reviewer Comment (2018-10-11): LOE was provided to accompany PC CD


Buyer Comment (2018-10-11): (xxxx)Please see attached.
   09/19/2018   2 B xx/xx/xxxx HI Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000027854 xxxx 8499331 6000027854-17649 10/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Borrower's CD reflects $1,516 transfer fees. All other seller paid fees are reflected on the seller's CD.     Buyer Comment (2018-10-11): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     09/11/2018 2 B xx/xx/xxxx HI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000027854 xxxx 8499332 6000027854-6297 10/11/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Borrower's consent not found in file     Reviewer Comment (2018-10-11): Not required, docs were hand signed.


Buyer Comment (2018-10-11): (xxxx)Borrower did not e-sign. Please see Fulfillment info by Encompass
 09/19/2018     1 A xx/xx/xxxx HI Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000027854 xxxx 8499333 6000027854-2811 10/11/2018 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2018-10-11): Ineligible AUS provided.


Buyer Comment (2018-10-11): (xxxx)Please see attached.
 09/19/2018     1 A xx/xx/xxxx HI Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000028543 xxxx 8499619 6000028543-23698 10/11/2018 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx       Reviewer Comment (2018-10-11): Fraud Report provided


Buyer Comment (2018-10-11): (xxxx)please see fraud reports
 09/20/2018     1 A xx/xx/xxxx CT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000028543 xxxx 8499620 6000028543-4357 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) CD reflects not assumable. Note reflects assumable after fixed rate period.     Reviewer Comment (2018-10-11): Corrected CD with LOE to borrower were provided.


Seller Comment (2018-10-11): please provide PC CD, LOE and delivery to borrower
   09/20/2018   2 B xx/xx/xxxx CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000028543 xxxx 8499621 6000028543-6411 10/11/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Provide Seller Closing Disclosure     Reviewer Comment (2018-10-11): valid association
 09/20/2018     1 A xx/xx/xxxx CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000028543 xxxx 8499622 6000028543-6572 10/11/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/08/15/2018)       Reviewer Comment (2018-10-11): valid association


Seller Comment (2018-10-11): Page 57 of the full 551 page PDF file we uploaded was the Appraiser Independence Requirement Certificate which documents the appraisal was sent to the borrower on 08/15/2018, which was more than 3 business days prior to consummation. Please waive this condition.
 09/20/2018     1 A xx/xx/xxxx CT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000028543 xxxx 8499623 6000028543-3831 10/11/2018 Credit Credit Miscellaneous Credit Exception:   Client Exception Waiver approved an exception for missing 2 months verification of rental payments for departing residence. File has lease and a copy of the security deposit. Borrower indicates the tenant will pay first and last upon move in which is scheduled for 9/15/2018. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater. 19.33 vs 9.00

Time on Job of 5 years or greater. 15 years		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-10-11): Client Matrix - QC Notes.
     09/19/2018 2 B xx/xx/xxxx CT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000028571 xxxx 8499867 6000028571-4357 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Final CD disclosed loan is not assumable, however, Note contains assumption language.     Buyer Comment (2018-10-11): Uploaded revised PCCD and email with correct assumability


Buyer Comment (2018-10-11): See attached email and PC CD
     09/21/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000028571 xxxx 8499868 6000028571-4371 10/11/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD issued xx/xx/xxxx disclosed a closing date of xx/xx/xxxx, however, notary date on security instrument is xx/xx/xxxx.     Buyer Comment (2018-10-11): PC CD and email to borrower reflect correct dates
     09/21/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000028571 xxxx 8499869 6000028571-6583 10/11/2018 Compliance Compliance Federal Compliance 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 $825.00 exceeds tolerance of $735.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Binding LE disclosed an Appraisal Fee of $735.00 however, Final CD disclosed $825.00 and also disclosed a $98.00 credit for increase in Closing Costs above legal limit. Cure for 0% tolerance violation was provided.         09/12/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000028571 xxxx 8499870 6000028571-6583 10/11/2018 Compliance Compliance Federal Compliance 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 $66.50 exceeds tolerance of $59.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) Binding LE disclosed a Credit Report Fee of $59.00 however, Final CD disclosed $66.50 and also disclosed a $98.00 credit for increase in Closing Costs above legal limit. Cure for 0% tolerance violation was provided.         09/12/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000028571 xxxx 8499871 6000028571-5404 10/11/2018 Credit Income / Employment Income Documentation Income Docs Missing:   Co-borrower's 2016 W2 and 2016 1040 not provided.     Reviewer Comment (2018-10-11): 12 month verification loan, 2016 docs are not required.


Buyer Comment (2018-10-11): 2016 income docs not required as this is a 1 Year full doc Income loan - Thanks
 09/18/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A B B A A Non QM Non QM No
xxxx 6000025267 xxxx 8715776 6000025267-22160 10/25/2018 Credit Guideline Guideline Issue Periodic rate cap is ineligible per guidelines.   ERRONEOUS - Periodic rate cap meets guidelines     Reviewer Comment (2018-10-25): Meets EA Plus criteria


Buyer Comment (2018-10-25): (xxxx)please remove. per condition - rate cap meets guidelines
 10/10/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715777 6000025267-5404 10/25/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only Missing verification of employment for borrower     Reviewer Comment (2018-10-25): Verification of employment within 10 days of closing provided


Seller Comment (2018-10-25): Borrower used wages recieved from xxxx and xxxx to qualify. VVOEs are required to use this income for qualification.


Reviewer Comment (2018-10-25): VVOE provided was for borrower's schedule C business.Missing verification of employment for borrower's full time employment and updated verification for seasonal employment. Guidelines require W2 employees to have verification of employment within 10 business days of the closing date. Please provide this verification. Note: File has a letter from borrower's seasonal employer dated xx/xx/xxxx indicating he will be working on the production starting xx/xx/xxxx till xx/xx/xxxx.


Buyer Comment (2018-10-25): (xxxx)please see docs
 10/16/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715778 6000025267-21744 10/25/2018 Credit Credit Miscellaneous Property valuation variance is greater than 10% between the valuation report used for LTV and supporting valuation report. Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx Initial appraisal report received valued at $4,550,000. Second appraisal received valued at $3,750,000     Reviewer Comment (2018-10-25): BK recon reviewed both appraisals and supported lower value appraisal with 0% variance.


Buyer Comment (2018-10-25): (xxxx)please clear BK recon completed.


Reviewer Comment (2018-10-25): Client to Review.


Reviewer Comment (2018-10-25): Unable to locate Recon report. File has an email indicating an additional recon came back and supports the value of the appraisals. Unable to clear this exception. Client to review


Buyer Comment (2018-10-25): (xxxx)please see recon report


Reviewer Comment (2018-10-25): Unable to locate document in the file.


Buyer Comment (2018-10-25): (xxxx)please review, xxxx completed a BK recon on 8/22 which was previously provided.
 10/12/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715779 6000025267-6572 10/25/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/08/02/2018) Proof of borrower appraisal receipt is not in the file     Reviewer Comment (2018-10-25): Verification appraisals were sent to the borrower on 9/5/2018 was provided.


Buyer Comment (2018-10-25): (xxxx)please see docs
 10/11/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715780 6000025267-6572 10/25/2018 Compliance Compliance Federal Compliance 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. (Type:Secondary/xx/xx/xxxx) Proof of borrower appraisal receipt is not in the file     Reviewer Comment (2018-10-25): Verification appraisals were sent to the borrower on 9/5/2018 was provided.


Buyer Comment (2018-10-25): (xxxx)please see docs
 10/11/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715781 6000025267-3677 10/25/2018 Compliance Compliance Federal Compliance 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. Submission sheet indicated designation of Non QM. Diligence determined a designation of ATR fail (missing VOEs)     Reviewer Comment (2018-10-25): Verification of Employment provided
 10/16/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
xxxx 6000025267 xxxx 8715782 6000025267-3313 10/25/2018 Compliance Compliance Federal Compliance 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. (xxxx/Wages) Pay stubs on file are dated over 90 days from the note date. VOE for employer is not in file     Reviewer Comment (2018-10-25): Verification of Employment provided


Reviewer Comment (2018-10-25): Please provide verification of employment within 90 days from closing as required to cure this General Ability to Repay Provision for Non-QM mortgages.


Reviewer Comment (2018-10-25): Please provide verification of employment as required for W2 wage earners.


Seller Comment (2018-10-25): Borrower are in entertainment field. Paystubs show income YTD for 2018. He doesnt get paystubs like a regular w2 employee. Last check is dated 5/30, 120 days from that is 9/27
 10/16/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715783 6000025267-3313 10/25/2018 Compliance Compliance Federal Compliance 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. (xxxx/Wages) Pay stubs on file are dated over 90 days from the note date. VOE for employer is not in file     Reviewer Comment (2018-10-25): Third party verification of employment provided within 90 days of closing as required for Non-Qualified Mortgage General Ability to Repay loans.


Reviewer Comment (2018-10-25): Please provide verification of employment as required for W2 wage earners.


Seller Comment (2018-10-25): Borrower are in entertainment field. Paystubs show income YTD for 2018. He doesnt get paystubs like a regular w2 employee. Last check is dated 5/30, 120 days from that is 9/27
 10/15/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715784 6000025267-4204 10/25/2018 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Ability to repay requirements not met (Verification of employment)     Reviewer Comment (2018-10-25): Verification of Employment provided
 10/16/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000025267 xxxx 8715785 6000025267-6414 10/25/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final/xx/xx/xxxx) Mortgage broker contact information was missing from the Closing disclosure     Reviewer Comment (2018-10-25): Loan is retail.


Buyer Comment (2018-10-25): (xxxx)PCCD was uploaded. Please note there is no Broker . thanks
 10/11/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000025267 xxxx 8715786 6000025267-6583 10/25/2018 Compliance Compliance Federal Compliance 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 $800.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower at Closing. (7507) Sufficient cure of $50 was provided to the borrower for the fee increase from $750 to $800         10/09/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
xxxx 6000028518 xxxx 8716486 6000028518-22931 10/25/2018 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.         Reviewer Comment (2018-10-25): Not applicable on asset depletion income.


Buyer Comment (2018-10-25): (xxxx)not required for Asset Utilization doc type
 10/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM No
xxxx 6000028518 xxxx 8716487 6000028518-3133 10/25/2018 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx (employer unknown)/Asset Depletion)       Reviewer Comment (2018-10-25): Updated Submission Form provided with QM status of Non QM
 10/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM No
xxxx 6000028518 xxxx 8716488 6000028518-1153 10/25/2018 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Reviewer Comment (2018-10-25): Rate Lock provided


Seller Comment (2018-10-25): please provide copy of borrowers rate lock confirmation
 10/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM No
xxxx 6000028518 xxxx 8716489 6000028518-3680 10/25/2018 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM. Provide Submission Sheet.     Reviewer Comment (2018-10-25): Updated Submission Form provided with QM status of Non QM


Seller Comment (2018-10-25): Provide Submission Sheet with QM Status of NonQM/ATR Compliant
 10/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM Yes
xxxx 6000028518 xxxx 8716490 6000028518-20378 10/25/2018 Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date 12/02/2018, Note Date xx/xx/xxxx The Hazard Insurance policy in the loan file expires within 90 days of the note date. The note date is xx/xx/xxxx and the policy expires 12/02/2018.     Reviewer Comment (2018-10-25): Clearing issue


Buyer Comment (2018-10-25): (xxxx)Invalid Condition. Please review xxxxCP's Sellers Guide. Insurance premiums due within 30 days of servicing transfer must be paid by the Seller.
 10/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM No
xxxx 6000028518 xxxx 8716491 6000028518-22655 10/25/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2018-10-25): Updated Submission Form provided with QM status of Non QM
   10/17/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B B A C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392966 6000029802-23912 12/03/2018 Credit Guideline Guideline Issue Aged document: Primary Valuation is older than guidelines permit Valuation Type: Appraisal / Valuation Report Date: 07/18/2018 Appraisal       Reviewer Comment (2018-12-03): Appraisal good for 120 days. Clearing issue.


Buyer Comment (2018-12-03): (xxxx)please review, condition is not applicable. Appraisal is good for 120 days and would not expire until November 15, 2018,
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392967 6000029802-6297 12/03/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. The E-sign consent documentation was not provided.     Reviewer Comment (2018-12-03): Signed E-consent disclosure provided


Buyer Comment (2018-12-03): (xxxx)please see docs
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase No Defined Cure C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392968 6000029802-5366 12/03/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 49.46306% exceeds Guideline total debt ratio of 43.00000%. DTI of 49% exceeds guideline max of 43% for second homes. Per lender, exception received for DTI however it was not in file Residual income greater than 3X the VA (Amount required for family size $1,003 vs. $14,252.87 in residual income)

Ancillary income sources for borrower not being used for qualifying (co-borrower receives bonus income not used in qualifying)

The borrower and co-borrower provided 68 months of reserves, the requirement was 12.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-12-03): Client elected to waive the exception with verified compensating factors


Buyer Comment (2018-12-03): (xxxx)xxxx elects to waive with compensating factors:
The borrower and co-borrower provided 68 months of reserves, the requirement was 12.
Ancillary income sources for borrower not being used for qualifying (co-borrower receives bonus income not used in qualifying)
Residual income greater than 3X the VA (Amount required for family size $1,003 vs. $14,252.87 in residual income)
     11/01/2018 2 B xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392969 6000029802-1153 12/03/2018 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date. Rate lock information not on file     Reviewer Comment (2018-12-03): Rate lock commitment provided


Buyer Comment (2018-12-03): (xxxx)please see docs
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392970 6000029802-5695 12/03/2018 Compliance Compliance Federal Compliance 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. Loan is an ATR risk as the DTi is above guideline limit of 43%     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392971 6000029802-3680 12/03/2018 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is ATR Risk. Missing client submission sheet with QM status. Due diligence determined a designation of ATR risk (DTI)     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM


Buyer Comment (2018-12-03): (xxxx)please see docs
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM Yes
xxxx 6000029802 xxxx 9392972 6000029802-1257 12/03/2018 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. DTI exceeds 43% loan documents do not evidence salability to GSE     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392973 6000029802-2683 12/03/2018 Compliance Compliance Federal Compliance QM Points and Fees Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of 3.06691% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $21,527.50 on a Federal Total Loan Amount of $701,928.18 vs. an allowable total of $21,057.84 (an overage of $469.66 or .06691%). Points and fees of 3.07282 is greater than the maximum allowed of 3% for a QM loan. Total amount of point ans fees are $21,527.50 vs. and allowable amount of $21,017.34. Clear to close summary form from lender submitted and indicated a status of Non QM. Submission sheet required     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase If a creditor or assignee determines after consummation that the total points and fees exceeds the 3% limit, but the loan meets the other requirements to be a QM, the excess amount can be refunded, including interest at the contract rate from consummation to the date of cure, with the following conditions:
1) The refund is made within 210 days of consummation;
2) The consumer has not instituted any actions against the creditor or provided written notice that the loan's fees exceeded the legal limit;
3) The loan is not 60 days delinquent;
4) The creditor or assignee (depending who is curing) has policies in place to identify and cure excessive fees collected from the consumer (the creditor or assignee can only take advantage of this cure provision if they maintain policies and procedures for post-consummation review of points and fees and for providing the cure payments).
The lender will also be required to provide a copy of the refund check and proof of delivery.		 C B C B C B A A UTD Non QM Yes
xxxx 6000029802 xxxx 9392974 6000029802-3879 12/03/2018 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Proof the borrower received the Home Loan toolkit was not in the loan file.     Reviewer Comment (2018-12-03): Disclosure provided


Buyer Comment (2018-12-03): (xxxx)please see docs
 11/01/2018     1 A xx/xx/xxxx FL Second Home Purchase No Defined Cure C B C B C B A A UTD Non QM No
xxxx 6000029802 xxxx 9392975 6000029802-6583 12/03/2018 Compliance Compliance Federal Compliance 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 $800.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Sufficient cure of $50 given to the borrower at closing for increase in appraisal fee from $750 to $800         10/31/2018   1 A xx/xx/xxxx FL Second Home Purchase Final CD evidences Cure C B C B C B A A UTD Non QM Yes
xxxx 6000029802 xxxx 9392976 6000029802-6583 12/03/2018 Compliance Compliance Federal Compliance 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 $11,374.60 exceeds tolerance of $11,374.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) Amount disclosed on the initial LE was $11,374, which is the rounded figure of 11,374.60.         10/31/2018   1 A xx/xx/xxxx FL Second Home Purchase Final CD evidences Cure C B C B C B A A UTD Non QM Yes
xxxx 6000029802 xxxx 9392977 6000029802-22655 12/03/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission Form provided with QM status of Non QM     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
   11/01/2018   2 B xx/xx/xxxx FL Second Home Purchase   C B C B C B A A UTD Non QM No
xxxx 6000028603 xxxx 9393234 6000028603-5404 12/03/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx LOE Chargeback fees Bank statements reflect 4 charge back fees of $17.00 each occurring on 9/14/2017, 8/19/2017, 2/22,2017 and 1/5/2017. Since there was no explanation as to the nature of these fees, they were entered as NSF which requires a letter of explanation per the guidelines.     Reviewer Comment (2018-12-03): Seller provided explanation that fees were service related and were not NSF fees, clearing the exception


Buyer Comment (2018-12-03): (xxxx)xxxx has reviewed. These do not appear to be NSF. Borrower bank statements show borrower had sufficient funds at time of Chargeback fee. Statements show a balance of $73K on 8/19/2017, $98K on 9/14/2018, $37K on xx/xx/xxxx
 10/23/2018     1 A xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000028603 xxxx 9393235 6000028603-6572 12/03/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/09/06/2018)       Reviewer Comment (2018-12-03): verification was provided
 10/25/2018     1 A xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000028603 xxxx 9393236 6000028603-1153 12/03/2018 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Reviewer Comment (2018-12-03): Rate lock provided


Seller Comment (2018-12-03): please provide copy of borrower's rate lock confirmation
 10/23/2018     1 A xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000028603 xxxx 9393237 6000028603-605 12/03/2018 Credit Assets Asset Documentation Assets Error: Usability was not provided   Business funds from account # xxxx and #xxxx are joint accounts held by borrower and his son. CPA letter does not address this business and there is no evidence found in file from the joint account holder for borrower's access to the funds. Please provide verification the use of the funds will not have a negative impact on the business and that borrower has 100% access to the funds. These funds are needed to meet closing costs and the reserve requirement. FICO score above minimum by 20 points or greater: 743 vs 720

0 X 30 24 month housing history

Time on Job of 5 years or greater, borrower has been in the plumbing business for 37 yrs.

DTI below max by 5% or greater, 18.058%% vs 43%		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-12-03): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2018-12-03): (xxxx)Per CPA letter borrower is 100% business owner and the withdrawals of business funds from the business bank account(s) for closing will not negatively impact the business. Borrower also lists Son on one of the accounts. xxxx elects to waive the requirement for access letter for joint account and use the funds for reserves with compensating factors:
DTI below max by 5% or greater, 18.058%% vs 43%
Time on Job of 5 years or greater, borrower has been in the plumbing business for 37 yrs.
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 743 vs 720


Reviewer Comment (2018-12-03): File has 3 CPA letters verifying use of funds for #xxx. However none address the business which is named on account #5854. Please provide verification use of funds will not negatively impact this business and that borrower has access to 100% of the monies in this account. These monies are required to meet the reserve requirement.


Buyer Comment (2018-12-03): (xxxx)please see page 26 of 30 for CPA letter
     10/25/2018 2 B xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000028603 xxxx 9393238 6000028603-2821 12/03/2018 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for 4 x 30 and 2 x 60 late payments on consumer account #xxxx. Late payments occurred in 2014 and 2015. Guidelines require a letter of explanation for all derogatory credit which is less than 7 years old.     Reviewer Comment (2018-12-03): LOE provided


Buyer Comment (2018-12-03): (xxxx)LOE for derog
 10/23/2018     1 A xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000028603 xxxx 9393239 6000028603-4961 12/03/2018 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Borrower indicates he is living rent free at his primary residence. Unable to determine validity as there is no verification from the landlord found in the file. FICO score above minimum by 20 points or greater: 743 vs 720

0 X 30 24 month housing history

Time on Job of 5 years or greater, borrower has been in the xxx for 37 yrs.

DTI below max by 5% or greater, 18.058%% vs 43%		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-12-03): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2018-12-03): (xxxx)Property profile to show this property owned by the borrower's spouse is free & clear. xxxx elects to waive with compensating factors:

DTI below max by 5% or greater, 18.058%% vs 43%
Time on Job of 5 years or greater, borrower has been in the xxxx for 37 yrs.
FICO score above minimum by 20 points or greater: 743 vs 720
     10/23/2018 2 B xx/xx/xxxx NJ Second Home Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000029734 xxxx 9393281 6000029734-3133 12/03/2018 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) Borrower was qualified with business bank statement income which is not allowed under Appendix Q.     Reviewer Comment (2018-12-03): Updated Submission Form provided with QM status of Non QM
 10/23/2018     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000029734 xxxx 9393282 6000029734-3867 12/03/2018 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. Subject loan does not meet the requirements of Higher Priced QM due to borrower was qualified with business bank statement income.     Reviewer Comment (2018-12-03): Updated Submission Form provided with QM status of Non QM


Seller Comment (2018-12-03): please provide updated submission form with QM Status of NonQM/ATR Complialnt
 10/23/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000029734 xxxx 9393283 6000029734-5180 12/03/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure, Section F. Prepaids did not disclose number of months for the seller paid Property Taxes.     Buyer Comment (2018-12-03): Non-material: Applies to portion paid by seller
     10/22/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000029734 xxxx 9393284 6000029734-22655 12/03/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2018-12-03): Updated Submission Form provided with QM status of Non QM
   10/23/2018   2 B xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000029735 xxxx 9393302 6000029735-23086 12/03/2018 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $200,312.43 is less than Cash From Borrower $336,165.61. Unable to verify sufficient liquid funds to close.. Amount available for closing $200,312.43 vs. Required for closing is $336,165.61.     Reviewer Comment (2018-12-03): Received verification $299,000 was deposited into escrow on 10/9/2018 withdrawn from account 1091 on 10/9/2018. Large deposits have been verified. Clearing issue.


Seller Comment (2018-12-03): Funds to Close Receipt.
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393303 6000029735-22154 12/03/2018 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: xx/xx/xxxx The policy is effective xx/xx/xxxx and the loan disbursed xx/xx/xxxx     Reviewer Comment (2018-12-03): PC CD provided reflecting disbursement date of xx/xx/xxxx. Clearing issue.


Seller Comment (2018-12-03): Disbursement Date is xx/xx/xxxx and PCCD will reflect this correction.
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393304 6000029735-5180 12/03/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months missing for prepaid property taxes     Reviewer Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure provided.


Seller Comment (2018-12-03): PCCD, LOE & DTD - Post-Consummation CD
   10/25/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000029735 xxxx 9393305 6000029735-24190 12/03/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $15,731.98 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Issue appears to be hazard insurance, policy in file verified $639.92 premium, however CD shows a 12 month premium of $1037.14 was used.     Reviewer Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure was provided


Seller Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure required to cure. AMC received Underwriting Transnational Summary which does not cure the exception. Estimated taxes and insurance total $1,430.18 on page 1 of CD. Appears to be a discrepancy with the HOI premium. AMC using an annual premium of $639.92 or $53.33 per month based on documents in the loan file. Lender appears to be using $86.43 per month. Corrected CD and Letter of Explanation required to cure.


Reviewer Comment (2018-12-03): No new documents uploaded to review, last document uploaded on xx/xx/xxxx was 1008. Exception remains.


Reviewer Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure required to cure. AMC received Underwriting Transnational Summary which does not cure the exception. Estimated taxes and insurance total $1,430.18 on page 1 of CD. Appears to be a discrepancy with the HOI premium. AMC using an annual premium of $639.92 or $53.33 per month based on documents in the loan file. Lender appears to be using $86.43 per month. Corrected CD and Letter of Explanation required to cure.


Seller Comment (2018-12-03): PC CD reflects estimated property costs over year 1 of $15,731.98 based on 11 months of monthly property costs of $1,430.18. Hazard in file was $53.33 and taxes used were $1,343.75 from tax cert, totaling $1,397.08 x 11 = $15,367.88. Per 1008, difference appears to be in the hazard premiums, qualified at $86.43 monthly by lender. Please provide corrected CD and a LOE to the borrower to cure this exception.

received Post Closing CD dated xx/xx/xxxx. Estimated taxes and insurance total $1,430.18 on page 1. Appears to be a discrepancy with the HOI premium. AMC using an annual premium of $639.92 or $53.33 per month based on documents in the loan file. Lender appears to be using $86.43 per month. Corrected CD and Letter of Explanation required to cure.


Reviewer Comment (2018-12-03): PC CD reflects estimated property costs over year 1 of $15,731.98 based on 11 months of monthly property costs of $1,430.18. Hazard in file was $53.33 and taxes used were $1,343.75 from tax cert, totaling $1,397.08 x 11 = $15,367.88. Per 1008, difference appears to be in the hazard premiums, qualified at $86.43 monthly by lender. Please provide corrected CD and a LOE to the borrower to cure this exception.


Reviewer Comment (2018-12-03): AMC received Post Closing CD dated xx/xx/xxxx. Estimated taxes and insurance total $1,430.18 on page 1. Appears to be a discrepancy with the HOI premium. AMC using an annual premium of $639.92 or $53.33 per month based on documents in the loan file. Lender appears to be using $86.43 per month. Corrected CD and Letter of Explanation required to cure.


Seller Comment (2018-12-03): This Correction can be found in the PCCD.


Reviewer Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure required to cure. AMC received AVM report. Still pending Letter of Explanation & Corrected Closing Disclosure to cure.


Buyer Comment (2018-12-03): (xxxx)please provide PC CD, LOE and proof sent to borrower
   10/30/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000029735 xxxx 9393306 6000029735-3879 12/03/2018 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Missing disclosure of Home Loan Toolkit     Reviewer Comment (2018-12-03): Document provided.


Seller Comment (2018-12-03): DTD - Initial Disclosures
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393307 6000029735-2919 12/03/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing INS form I-94 which must be stamped employment authorized     Reviewer Comment (2018-12-03): I-94 card provided


Seller Comment (2018-12-03): i94 Research and Explanation from Attorney
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393308 6000029735-2919 12/03/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing employment authorization card     Reviewer Comment (2018-12-03): I-94 card provided.


Seller Comment (2018-12-03): VISA and EAD Card Research
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393309 6000029735-4436 12/03/2018 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Appraisal waiver on file however proof borrowers received a copy of the appraisal was not found     Reviewer Comment (2018-12-03): Verification appraisal was provided to the borrower on 9/26/2018 via email was received.


Seller Comment (2018-12-03): Appraisal Delivery Email
 10/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029735 xxxx 9393310 6000029735-17649 12/03/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Transfer taxes, Property taxes and owners title insurance were listed on the consumer CD. All other fees were taken from the seller CD for testing     Reviewer Comment (2018-12-03): Letter of Explanation & Corrected Closing Disclosure provided.
   10/25/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000029735 xxxx 9393311 6000029735-5366 12/03/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 43.46928% exceeds Guideline total debt ratio of 43.00000%. DTI exceeds max of 43% for non-permanent resident alien. PITIA reserves above minimum by 6 months or greater 39>9

FICO score above minimum by 20 points or greater 772>720		 Aggregator

Aggregator		 Reviewer Comment (2018-12-03): Waived by client per email in file.
     10/22/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029759 xxxx 9393530 6000029759-7453 12/03/2018 Compliance Compliance Federal Compliance C-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (C-Corp). (xxxx/C-Corp 1120) Missing QM desination, loan was qualified using express doc which is NonQM     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM No
xxxx 6000029759 xxxx 9393531 6000029759-4275 12/03/2018 Compliance Compliance Federal Compliance Income Method of Calculation Qualified Mortgage (Dodd-Frank 2014): The Method used to calculate the qualifying monthly income is not supported by the earnings history/trend. (xxxx/C-Corp 1120) Missing QM desination, loan was qualified using express doc which is NonQM     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM No
xxxx 6000029759 xxxx 9393532 6000029759-3680 12/03/2018 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM. Client submission sheet with originator designation not in file. Due diligence determined a status of Non QM.     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM Yes
xxxx 6000029759 xxxx 9393533 6000029759-2683 12/03/2018 Compliance Compliance Federal Compliance QM Points and Fees Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of 3.94971% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $14,363.80 on a Federal Total Loan Amount of $363,667.35 vs. an allowable total of $10,910.02 (an overage of $3,453.78 or .94971%). Points and Fees total consists of Loan Discount Points ($12,573.80), Processing Fee ($495.00), and Underwriting Fee ($1,295.00). Based on doc type, loan should be NonQM.     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase If a creditor or assignee determines after consummation that the total points and fees exceeds the 3% limit, but the loan meets the other requirements to be a QM, the excess amount can be refunded, including interest at the contract rate from consummation to the date of cure, with the following conditions:
1) The refund is made within 210 days of consummation;
2) The consumer has not instituted any actions against the creditor or provided written notice that the loan's fees exceeded the legal limit;
3) The loan is not 60 days delinquent;
4) The creditor or assignee (depending who is curing) has policies in place to identify and cure excessive fees collected from the consumer (the creditor or assignee can only take advantage of this cure provision if they maintain policies and procedures for post-consummation review of points and fees and for providing the cure payments).
The lender will also be required to provide a copy of the refund check and proof of delivery.		 C B C A C B A A UTD Non QM Yes
xxxx 6000029759 xxxx 9393534 6000029759-5180 12/03/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months for Property Tax under Prepaids is blank.     Buyer Comment (2018-12-03): non-material: clerical update was made on PC CD.


Reviewer Comment (2018-12-03): Corrected CD provided. Please provide LOE to borrower to cure this exception


Buyer Comment (2018-12-03): (xxxx)please see docs
     xx/xx/xxxx 10:00:34 AM 2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A UTD Non QM Yes
xxxx 6000029759 xxxx 9393535 6000029759-4826 12/03/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. The closing costs exceeded the legal limit by $375     Reviewer Comment (2018-12-03): VCC provided for Re-inspection fee
 11/05/2018     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A UTD Non QM Yes
xxxx 6000029759 xxxx 9393536 6000029759-6542 12/03/2018 Compliance Compliance Federal Compliance 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 $375.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) No cure for additional fee for Appraisal re-inspection of $375 on file. PCCD, check to borrower and letter of explanation required to cure     Reviewer Comment (2018-12-03): VCC provided for Re-inspection fee


Buyer Comment (2018-12-03): (xxxx)please see docs
 11/05/2018     1 A xx/xx/xxxx FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A UTD Non QM Yes
xxxx 6000029759 xxxx 9393537 6000029759-4961 12/03/2018 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   12 month housing history required through cancelled checks or bank statements     Reviewer Comment (2018-12-03): Rent free letter provided


Buyer Comment (2018-12-03): (xxxx)please see rent free letter from fiance
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM No
xxxx 6000029759 xxxx 9393538 6000029759-2919 12/03/2018 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing client submission sheet     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM


Buyer Comment (2018-12-03): (xxxx)please see submission form
 11/02/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM No
xxxx 6000029759 xxxx 9393539 6000029759-22655 12/03/2018 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission Form provided with QM status of Non QM     Reviewer Comment (2018-12-03): Submission Form provided with QM status of Non QM
   11/02/2018   2 B xx/xx/xxxx FL Primary Purchase   C B C A C B A A UTD Non QM No
xxxx 6000029750 xxxx 9393562 6000029750-6411 12/03/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) The seller CD was not provided.     Reviewer Comment (2018-12-03): Seller CD provided


Buyer Comment (2018-12-03): (xxxx)please see docs
 xx/xx/xxxx 1:16:34 PM     1 A xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000029750 xxxx 9393563 6000029750-6445 12/03/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.75520% or Final Disclosure APR of 6.76600% is in excess of allowable threshold of APOR 4.76% + 1.5%, or 6.26000%. Compliant Higher Priced Mortgage Loan. The loan appears to be a higher priced mortgage, the compliance report affirms this.     Reviewer Comment (2018-12-03): Higher Priced Mortgage Loan for CA and FED Compliant
     11/05/2018 1 A xx/xx/xxxx WA Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000029750 xxxx 9393564 6000029750-6468 12/03/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) New Exception xx/xx/xxxx: Seller's CD reflects $812.97 property taxes POC while Borrower's CD reflects $812.97 paid at closing and $812.97 POC.     Buyer Comment (2018-12-03): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     11/07/2018 2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000029760 xxxx 9393571 6000029760-6445 12/03/2018 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.31050% or Final Disclosure APR of 7.34300% is in excess of allowable threshold of APOR 4.74% + 1.5%, or 6.24000%. Compliant Higher Priced Mortgage Loan. acknowledged     Reviewer Comment (2018-12-03): Higher Priced Mortgage Loan for CA and FED Compliant
     10/24/2018 1 A xx/xx/xxxx CA Primary Purchase   B B B A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000029760 xxxx 9393572 6000029760-17176 12/03/2018 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.31050% or Final Disclosure APR of 7.34300% is in excess of allowable threshold of APOR 4.74% + 1.5%, or 6.24000%. Compliant Higher Priced Loan. acknowledged     Reviewer Comment (2018-12-03): Higher Priced Mortgage Loan for CA and FED Compliant
     10/24/2018 1 A xx/xx/xxxx CA Primary Purchase   B B B A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000029760 xxxx 9393573 6000029760-6411 12/03/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller CD was not provided     Reviewer Comment (2018-12-03): Seller's CD provided


Seller Comment (2018-12-03): CD attached


Reviewer Comment (2018-12-03): Combined Closing Statement provided, however Seller's Closing Disclosure is required. P{lease provide Seller's Closing Disclosure to cure this TRID exception.


Seller Comment (2018-12-03): please view attached settlement statement
 10/30/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000029760 xxxx 9393574 6000029760-22931 12/03/2018 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Required for Higher Priced Mortgage Loans     Reviewer Comment (2018-12-03): Residual Income Worksheet provided.


Buyer Comment (2018-12-03): (xxxx)please see worksheet


Reviewer Comment (2018-12-03): Worksheet not found in trailing docs.


Seller Comment (2018-12-03): Please view attached CTC
 10/30/2018     1 A xx/xx/xxxx CA Primary Purchase   B B B A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000029760 xxxx 9393575 6000029760-17648 12/03/2018 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) New Exception 10/30/2018:Seller's CD reflects $19,312.50, calculates to be $19,572.50. Borrower's CD reflects $489 title insurance while seller's CD reflects -$120. Both were included for testing purposes.     Buyer Comment (2018-12-03): Non-material: Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     10/31/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000030268 xxxx 9661767 6000030268-6297 12/20/2018 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.     Reviewer Comment (2018-12-20): Rec'd e-consent
 02/28/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030268 xxxx 9661768 6000030268-4826 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure does not reflect a Lender credit for tolerance.     Reviewer Comment (2018-12-20): Rec’d LOE, corrected CD and evidence of emailing.
   03/12/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030268 xxxx 9661769 6000030268-6543 12/20/2018 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,255.00 exceeds tolerance of $171.00 plus 10% or $188.10. Insufficient or no cure was provided to the borrower. (0) $2,025.00 in fees disclosed in Section C of Loan Estimate but disclosed in Section B of Closing Disclosure. Provider is not on list as a service provider     Reviewer Comment (2018-12-20): Rec’d LOE, corrected CD and evidence of emailing. No violation, fees were disclosed in the wrong section.
   03/12/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation 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
xxxx 6000030268 xxxx 9661770 6000030268-6542 12/20/2018 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of $14.45 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75197) $14.45 Title - Recording Fee disclosed in Section C of Loan Estimate but disclosed in Section B of Closing Disclosure. Provider is not on list as a service provider. Provider for this fee is not same as the provider for other title fees disclosed in Section C on the initial Loan Estimate. Final Closing Disclosure does not reflect a Lender credit for $14.45 Zero Percent tolerance.     Reviewer Comment (2018-12-20): Cleared with compliance re-run. No violation.


Buyer Comment (2018-12-20): please review again 14.45 in sction c...


Reviewer Comment (2018-12-20): Tolerance cure and corrected PCCD not provided.
 03/12/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation 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
xxxx 6000030268 xxxx 9661771 6000030268-4371 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) CD dated 2/22/2015 signed by Borrower on xx/xx/xxxx closing discloses a xx/xx/xxxx closing date and disbursement date. Note and Mortgage dated xx/xx/xxxx acknowledged xx/xx/xxxx. Post closing CD dated xx/xx/xxxx discloses correct xx/xx/xxxx closing date and xx/xx/xxxx disbursement date     Reviewer Comment (2018-12-20): Rec’d LOE, corrected CD and evidence of emailing.


Buyer Comment (2018-12-20): loe uploaded


Reviewer Comment (2018-12-20): Received corrected PCCD, missing LOE to borrower.
   03/12/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030268 xxxx 9661772 6000030268-2647 12/20/2018 Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Unable to test RTC expiration date due to missing information. RTC signed by Borrower does disclose the Right to Cancel Expiration Date     Reviewer Comment (2018-12-20): Rec'd completed RTC
 02/28/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B A A C B A A Non QM Non QM Yes
xxxx 6000030268 xxxx 9661773 6000030268-4824 12/20/2018 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Tax Service Fee paid to Lender in Section B.     Reviewer Comment (2018-12-20): Rec’d LOE, corrected CD and evidence of emailing.
   03/12/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030323 xxxx 9662105 6000030323-6569 12/20/2018 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.           10/18/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B C A Non QM Non QM No
xxxx 6000030323 xxxx 9662106 6000030323-4371 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing Disclosure Closing date is xx/xx/xxxx vs. Actual Closing date on xx/xx/xxxx     Reviewer Comment (2018-12-20): Received Letter of Explanation & Corrected Closing Disclosure.


Reviewer Comment (2018-12-20): Nothing provided for this exception.
   04/27/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
xxxx 6000030323 xxxx 9662107 6000030323-4357 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Note is assumable and Closing Disclosure reflects loan is not assumable.     Buyer Comment (2018-12-20): DH accepts
     04/26/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
xxxx 6000030323 xxxx 9662108 6000030323-5404 12/20/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification Loan file is missing third party verification of business existence for Schedule C Consulting business; verification required within 10 days of closing.     Reviewer Comment (2018-12-20): Receivede third party verification in trailing documents.
 04/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B C A Non QM Non QM No
xxxx 6000030323 xxxx 9662109 6000030323-5404 12/20/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification, VVOE - Employment Only Loan file is missing third party verification of business existence for Schedule C Business Marketing business; verification required within 10 days of closing.     Reviewer Comment (2018-12-20): Receivede third party verification in trailing documents.
 04/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B C A Non QM Non QM No
xxxx 6000030308 xxxx 9664319 6000030308-4371 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing Disclosure Closing Date xx/xx/xxxx vs Actual Closing Date xx/xx/xxxx
Corrected PC CD issued to Borrower on xx/xx/xxxx with LOE in file.		     Reviewer Comment (2018-12-20): Corrected PC CD and LOE to Borrower issued on 08/01/2018.
   08/09/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030308 xxxx 9664320 6000030308-4188 12/20/2018 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Final CD reflects an issue date of xx/xx/xxxx which does not match the print date of xx/xx/xxxx; document was signed on xx/xx/xxxx.     Reviewer Comment (2018-12-20): PCCD was issued with final loan terms. Exception cleared.
 08/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM Yes
xxxx 6000030308 xxxx 9664321 6000030308-5366 12/20/2018 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 44.22639% exceeds Guideline total debt ratio of 43.00000%. DTI > 43% guideline max. Lender exception approval was not provided. Guideline variance approved by lender at time of origination   Reviewer Comment (2018-12-20): Credit exception approval received with compensating factors. DTI allowed to 50%
     08/22/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030308 xxxx 9664322 6000030308-5404 12/20/2018 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification VOE form in file is not supported by business license verified on 0xx/xx/xxxx as indicated on form. Missing third party verification of business existence within 10 calendar days of closing.     Reviewer Comment (2018-12-20): Business license printout provided dated 0xx/xx/xxxx and reflecting active. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030308 xxxx 9664323 6000030308-3677 12/20/2018 Compliance Compliance Federal Compliance 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 Risk. DTI > guideline max     Reviewer Comment (2018-12-20): Credit exception approval received with compensating factors. DTI allowed to 50%
 08/22/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000030308 xxxx 9664324 6000030308-5695 12/20/2018 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI > guideline max     Reviewer Comment (2018-12-20): Credit exception approval received with compensating factors. DTI allowed to 50%
 08/22/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030308 xxxx 9664325 6000030308-4357 12/20/2018 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Note is assumable and Closing Disclosure reflects loan is not assumable.     Buyer Comment (2018-12-20): DH Accepts
     08/13/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030780 xxxx 9911245 6000030780-3862 01/04/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-01-04): No longer applicable. An end date has been declared.
 12/10/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000030780 xxxx 9911247 6000030780-6582 01/04/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $290.00 exceeds tolerance of $240.00 plus 10% or $264.00. Sufficient or excess cure was provided to the borrower at Closing. (0) The Recording Service fee(Affordable Housing Fee) was not disclosed on the initial LE, but included on the final CD at $290 without disclosing a sufficient cure to the Borrower.         11/28/2018   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
xxxx 6000030780 xxxx 9911248 6000030780-855 01/04/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Updated to reflect disaster end date.     Reviewer Comment (2019-01-04): Received Clear Capital Post Disaster Inspection dated xx/xx/xxxx
 12/10/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000030778 xxxx 9911257 6000030778-4264 01/04/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 5.98 is less than Guideline PITIA months reserves of 6.00. Calculated PITIA months reserves of 5.98 is less than Guideline PITIA months reserves of 6.00. The borrowers were utilizing cash-out from the subject transaction to meet reserve requirements. Residual income over $3,500.

Current employment for 10 years.		 Originator

Originator		 Reviewer Comment (2019-01-04): Rec'd exception. PITIA is less than minimum requirement of 6.
     11/13/2018 2 B xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000030778 xxxx 9911258 6000030778-22708 01/04/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $650,000.00 is less than the note amount of $xxx based on the title evidence in file. The Title Policy Amount of $650,000.00 is less than the note amount of $xxx based on the title evidence in file. The final title policy was not provided.     Reviewer Comment (2019-01-04): Final tital policy with correct insured amount has been provided.
 11/27/2018     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000030778 xxxx 9911259 6000030778-23931 01/04/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary Final title policy was not provided.     Reviewer Comment (2019-01-04): Final title policy has been provided.
 11/27/2018     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000030778 xxxx 9911260 6000030778-6582 01/04/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $128.00 exceeds tolerance of $86.00 plus 10% or $94.60. Sufficient or excess cure was provided to the borrower at Closing. (0) Ten Percent Fee Tolerance exceeded. Total amount of $128.00 exceeds tolerance of $86.00 plus 10% or $94.60. Sufficient or excess cure was provided to the borrower at Closing.         11/02/2018   1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000030778 xxxx 9911261 6000030778-5012 01/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Closing Costs Exceeds Limits Amount TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Final/xx/xx/xxxx) The final Closing Disclosure did not indicate a tolerance cure amount in the Calculating Cash to Close table.     Reviewer Comment (2019-01-04): Corrected CD provided on 10/30/2018.
   11/03/2018   2 B xx/xx/xxxx NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030778 xxxx 9911262 6000030778-4850 01/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The final Closing Disclosure did not disclose an amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-01-04): Corrected CD provided 10/30/2018.
   11/03/2018   2 B xx/xx/xxxx NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030778 xxxx 9911263 6000030778-3831 01/04/2019 Credit Credit Miscellaneous Credit Exception:   Per the loan application and credit report, the borrowers owned a second property. The loan file contained 3 months' proof of payments by another party and the Lender excluded the debt from the borrowers' DTI; however, the guidelines did not permit this. The loan file contains a Lender exception, stating compensating factors of LTV being more than 5% below guideline maximum and residual income of greater than $3,500. 53% LTV <75 guideline max - $275,000 more equity than required by program guidelines

Borrower on this full documentation loan has a disposable income of $5,356.94

Residual income over $3,500.

Current employment for 10 years.		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-01-04): Client elects to waive. Exception waiver approval provided. Compensating factors: Residual income; stable employment history; low LTV - borrower has $275,000 more equity than required.
     11/27/2018 2 B xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000029736 xxxx 9987936 6000029736-2919 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing verification of the borrower's psychologist business through a third party such as a CPA, regulatory agency or applicable licensing bureau     Reviewer Comment (2019-01-10): Verification provided
 12/18/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000029740 xxxx 9987982 6000029740-6445 01/10/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.82480% or Final Disclosure APR of 6.85500% is in excess of allowable threshold of APOR 4.86% + 1.5%, or 6.36000%. Compliant Higher Priced Mortgage Loan. ATR analysis, escrow requirements, appraisal requirements and compliance status confirmed     Reviewer Comment (2019-01-10): Higher Priced Mortgage Loan for CA and FED Compliant
     12/06/2018 1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000029740 xxxx 9987983 6000029740-7115 01/10/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. The initial escrow disclosure does not match the amount of escrow charges on the final cd. The Initial escrow account disclosure initial deposit is $1,109.19 compared to the CD figure of $2,124.61     Buyer Comment (2019-01-10): non-material. CD is final disclosure and is accurate.
     12/07/2018 2 B xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000029740 xxxx 9987984 6000029740-22694 01/10/2019 Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.82480% or Final Disclosure APR of 6.85500% is in excess of allowable threshold of APOR 4.86% + 1.5%, or 6.36000%. Compliant Rate Spread Home Loan. North Carolina Rate Spread, Apr on loan of 6.75260% or Final cd apr of 6.85500% is in excess of allowable threshold of APOR 4.86% + 1.5%, or 6.36000%. ATR analysis, escrow requirements, appraisal requirements and compliance status confirmed     Buyer Comment (2019-01-10): non-material: Guidelines allow for compliant HPML state and federal loans. Rate Spread test would fall under this category.
     12/07/2018 2 B xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000029740 xxxx 9987985 6000029740-4826 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The final cd provided on xx/xx/xxxx disclosed an inaccurate amount of the dollar amount by which the total closing cost exceeded the legal limit. The CD indicated an amount of $25. The actual amount is $175 (Appraisal fee increase of $25 and addition of Appraisal rush fee of $150)     Reviewer Comment (2019-01-10): VCC provided for appraisal rush fee
 12/06/2018     1 A xx/xx/xxxx NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000029740 xxxx 9987987 6000029740-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $575.00 exceeds tolerance of $550.00. Insufficient or no cure was provided to the borrower. (7506) Fee Amount of $575.00 exceeds tolerance of $550.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-01-10): VCC provided for appraisal rush fee


Buyer Comment (2019-01-10): (xxxx)please see docs
 12/06/2018     1 A xx/xx/xxxx NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000029740 xxxx 9987988 6000029740-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Rush Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower     Reviewer Comment (2019-01-10): VCC provided for appraisal rush fee
 12/06/2018     1 A xx/xx/xxxx NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000029740 xxxx 9987989 6000029740-18030 01/10/2019 Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Page 4 of CD is incomplete     Reviewer Comment (2019-01-10): Page 4 provided
 12/06/2018     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000029740 xxxx 9987991 6000029740-6295 01/10/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. (Initial/xx/xx/xxxx) E-consent form accepted 10/1/2018. LE was electronically signed xx/xx/xxxx     Reviewer Comment (2019-01-10): E-consent provided with date of 9/12/2018


Buyer Comment (2019-01-10): (xxxx)please see docs
 12/06/2018     1 A xx/xx/xxxx NC Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000029740 xxxx 9987992 6000029740-6583 01/10/2019 Compliance Compliance Federal Compliance 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 $575.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           12/06/2018   1 A xx/xx/xxxx NC Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
xxxx 6000030044 xxxx 9988283 6000030044-4529 01/10/2019 Credit Borrower and Mortgage Eligibility Borrower Eligibility Guideline Issue: Number of properties financed exceeds amount allowed by guidelines.   The borrower has 27 financed properties vs the allowable 10. FICO score above minimum by 20 points or greater. 779 vs 580.

DTI below max by 5% or greater. DTI of 28.15867% vs 50%.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-10): Client elected to waive with compensating factors.


Buyer Comment (2019-01-10): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. DTI of 28.15867% vs 50%.
FICO score above minimum by 20 points or greater. 779 vs 580.


Seller Comment (2019-01-10): Nautical--mortgage statement was in file. Please see attached. Coventry--private party, no mortgage statement but 12 months cancelled checks provided to verify payment.
     12/24/2018 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030044 xxxx 9988284 6000030044-2860 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   The mortgage statements for the properties located at xxxx and xxxx are missing.     Reviewer Comment (2019-01-10): Received mortgage statement for this property along with a payment history and cancelled checks for additional mortgage payment paid to a 3rd party.


Buyer Comment (2019-01-10): (xxxx)xxxx-mortgage statement was in file. Please see attached. xxxx-private party, no mortgage statement but 12 months cancelled checks provided to verify payment.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030044 xxxx 9988285 6000030044-23930 01/10/2019 Credit Assets Asset Calculation / Analysis Asset reverification is less than balance required to be verified.   The borrower refinanced 8 properties. The total reserves required for all properties is $596,492.76 in reserves and $19,450.68 in cash to close totaling $615,947.44 in assets. The borrower provided assets totaling $282,755.81.     Reviewer Comment (2019-01-10): Upon further research, exception has been cleared. Per EA xx/xx/xxxx guidelines, 36 months of reserves are required (12 months for the subject investment and 24 months total for 8 financed rental properties). Borrower has 104.29 months of reserves after closing.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030046 xxxx 9988292 6000030046-4529 01/10/2019 Credit Borrower and Mortgage Eligibility Borrower Eligibility Guideline Issue: Number of properties financed exceeds amount allowed by guidelines.   Borrower has 27 financed properties vs the allowable 10. Unable to locate an exception. FICO score above minimum by 20 points or greater. 779 vs 580.

DTI below max by 5% or greater. 13.885% vs 50%.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-10): Client elected to waive with compensating factors.


Buyer Comment (2019-01-10): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 13.885% vs 50%.
FICO score above minimum by 20 points or greater. 779 vs 580.
     12/24/2018 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030046 xxxx 9988295 6000030046-2860 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Unable to locate the mortgage statements for the properties located at xxxx and xxxx.     Reviewer Comment (2019-01-10): Mortgage statement for 201 Nautical was provided in the original file. Received a payment history and cancelled checks for a 3rd party mortgage on the property at xxxx.


Seller Comment (2019-01-10): Nautical--mortgage statement was in file. Please see attached. Coventry--private party, no mortgage statement but 12 months cancelled checks provided to verify payment.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030046 xxxx 9988296 6000030046-23930 01/10/2019 Credit Assets Asset Calculation / Analysis Asset reverification is less than balance required to be verified.   The borrower refinanced 8 properties. The total reserves required for all properties is $596,492.76 in reserves and $19,450.68 in cash to close totaling $615,947.44 in assets. The borrower provided assets totaling $282,755.81.     Reviewer Comment (2019-01-10): Upon further research, exception has been cleared. Per EA Overlay xx/xx/xxxx, 36 months of reserves are required (12 months for the subject investment and 24 months total for 8 additional financed properties). Borrower has 174.61 months of reserves after closing.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000030057 xxxx 9988339 6000030057-2800 01/10/2019 Credit Credit Credit Documentation Missing Document: Credit Report not provided   Unable to locate the credit report in the loan file.     Reviewer Comment (2019-01-10): Received credit report dated xx/xx/xxxx.


Buyer Comment (2019-01-10): (xxxx)credit report uploaded
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B A A A A N/A N/A No
xxxx 6000030057 xxxx 9988340 6000030057-4529 01/10/2019 Credit Borrower and Mortgage Eligibility Borrower Eligibility Guideline Issue: Number of properties financed exceeds amount allowed by guidelines.   Borrower owns 27 financed properties vs the max allowed of 10 properties. Unable to locate an exception. FICO score above minimum by 20 points or greater. 779 vs 580.

DTI below max by 5% or greater. 13.88% vs 50%.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-10): Client elected to waive with compensating factors.


Buyer Comment (2019-01-10): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 13.88% vs 50%.
FICO score above minimum by 20 points or greater. 779 vs 580.
     12/24/2018 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B A A A A N/A N/A No
xxxx 6000030057 xxxx 9988341 6000030057-20378 01/10/2019 Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date xx/xx/xxxx, Note Date xx/xx/xxxx Unable to locate an updated policy for the subject property.     Reviewer Comment (2019-01-10): There is no 90-day expiration requirement in the EA Overlay (xx/xx/xxxx).
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B A A A A N/A N/A No
xxxx 6000030057 xxxx 9988343 6000030057-2860 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Unable to locate the mortgage statements for the properties located at xxxx and xxxx.     Reviewer Comment (2019-01-10): Mortgage statement for xxx was provided in the original file. Received a payment history and cancelled checks for a 3rd party mortgage on the property at =xxx.


Seller Comment (2019-01-10): xxxxl--mortgage statement was in file. Please see attached. xxx--private party, no mortgage statement but 12 months cancelled checks provided to verify payment.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B A A A A N/A N/A No
xxxx 6000030057 xxxx 9988345 6000030057-23930 01/10/2019 Credit Assets Asset Calculation / Analysis Asset reverification is less than balance required to be verified.   The borrower refinanced 8 properties. The total reserves required for all properties is $596,492.76 in reserves and $19,450.68 in cash to close totaling $615,947.44 in assets. The borrower provided assets totaling $282,755.81.     Reviewer Comment (2019-01-10): Upon further research, exception has been cleared. Per EA Overlay xx/xx/xxxx, 36 months of reserves are required (12 months for the subject investment and 24 months total for 8 additional financed properties). Borrower has 104.49 months of reserves after closing.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B A A A A N/A N/A No
xxxx 6000030095 xxxx 9988522 6000030095-6276 01/10/2019 Credit Assets Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution: xxxx Investments / End Date: 07/31/2018 // Account Type: 401(k)/403(b) Account / Account Number: xxx Asset Account Date: 07/31/2018   Borrower has employment stability for 29 years in the Architect Field.

777 FICO score above minimum by 20 points or greater		 Aggregator

Aggregator		 Reviewer Comment (2019-01-10): Client elects to waive timing requirement and accept statement in file.
     11/29/2018 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030095 xxxx 9988523 6000030095-4529 01/10/2019 Credit Borrower and Mortgage Eligibility Borrower Eligibility Guideline Issue: Number of properties financed exceeds amount allowed by guidelines.   The Exception is located within the loan file: Exceeds number of properties owned (12) Guideline max number of 6. Borrower has employment stability for 29 years in the Architect Field.

777 FICO score above minimum by 20 points or greater		 Aggregator

Aggregator		 Reviewer Comment (2019-01-10): The Lender Did not add Comp Factors; however, noted-Strong borrower and additional REO does no add significance for the experienced and liquid investor.
     11/18/2018 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030096 xxxx 9988525 6000030096-25158 01/10/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. There is no rate lock documentation in file.     Buyer Comment (2019-01-10): Rate set at 5% on 09.13.2018 - No changes to the pricing - Waive
     11/26/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
xxxx 6000030096 xxxx 9988526 6000030096-3126 01/10/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. There is no evidence of a loan originator compensation disclosure in file.     Buyer Comment (2019-01-10): Not required as comp is set at the broker level - Can provide documentation if required -
     11/26/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
xxxx 6000030096 xxxx 9988527 6000030096-4850 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD disclosed a change in total closing costs; however, did not disclose the amount by which the change exceeds legal limit.     Reviewer Comment (2019-01-10): Title endorsement was included in 10% testing with no issues.
 11/26/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030096 xxxx 9988528 6000030096-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7564) Title - Endorsement Fee not disclosed on binding LE, however, disclosed as $25.00 on Final CD and no cure was provided to the borrower.     Reviewer Comment (2019-01-10): Title endorsement was included in 10% testing with no issues.
 11/26/2018     1 A xx/xx/xxxx CA 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 A A C B A A Non QM Non QM Yes
xxxx 6000030097 xxxx 9988537 6000030097-23933 01/10/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.         Reviewer Comment (2019-01-10): Received commitment.


Buyer Comment (2019-01-10): Final title policy is a post purchase condition - Please review and waive - Thank you - Or are you missing the prelim?
 11/27/2018     1 A xx/xx/xxxx UT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030097 xxxx 9988539 6000030097-3126 01/10/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. There is no evidence of LO Compensation Disclosure.     Buyer Comment (2019-01-10): Not required as broker comp is set at the broker level -
     11/23/2018 2 B xx/xx/xxxx UT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030097 xxxx 9988541 6000030097-23944 01/10/2019 Credit Income / Employment Income Documentation Income documentation requirements not met according to the AUS in file. All documentation requirements for None were not met. The Guidelines State Business Bank statement program cannot use Personal Statements. The Investor waived and allowed Personal bank statements as business bank statements, per waiver in file. PITIA reserves above minimum by 6 months or greater

FICO score above minimum by 20 points or greater		 AMC

AMC		 Reviewer Comment (2019-01-10): The Credit Score is more than 20 points required and the Borrower has more than 6 months reserves.
     11/16/2018 2 B xx/xx/xxxx UT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030097 xxxx 9988542 6000030097-25158 01/10/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Missing rate lock.     Buyer Comment (2019-01-10): Rate set at 7.25% - No change to pricing
     11/26/2018 2 B xx/xx/xxxx UT Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030099 xxxx 9988551 6000030099-24190 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $8,489.52 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The Property Costs year 1 is $8,489.52 this is $707.46 per month, then subtract $180.85 for HOI and $188.00 for HOA, leaves $338.61 for monthly tax amount. The Taxes listed on the tax bill is $1,482.32 semi-annually / $247.39. The Correct Property Costs Year 1 should reflect $7,394.88     Reviewer Comment (2019-01-10): Letter of Explanation & Corrected Closing Disclosure provided


Reviewer Comment (2019-01-10): AMC received Post Closing CD dated 11/27/2018. Page 4 reflects $8,489.52 for Estimated Property Costs over Year 1. The Taxes listed on the tax bill reflect $1,482.32 semi-annually which is $247.39 per month. Lender is using $338.61 per month for property taxes. Please provide documentation to confirm how property taxes were calculated or a Corrected CD and Letter of Explanation is required.


Buyer Comment (2019-01-10): See attached
   12/04/2018   2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030099 xxxx 9988552 6000030099-4826 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The Exceeded legal limit was not reflected on the Final CD.     Reviewer Comment (2019-01-10): Letter of Explanation and Corrected CD provided. Confirmed borrower not charged a Pest Inspection. It was mislabeled and should have been title - Inspection. No cure required.


Buyer Comment (2019-01-10): See attached


Reviewer Comment (2019-01-10): AMC received Post Close CD dated 11/27/2018 removing $50 Pest Inspection and advising the borrower it was mislabeled and should have been Title Search. Please provide Final Alta Settlement Statement to conform $50 pest inspection was not charged to the borrower.
   12/04/2018   2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030099 xxxx 9988554 6000030099-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75155) Missing refund of $50 pest inspection fee not previously disclosed.     Reviewer Comment (2019-01-10): Letter of Explanation and Corrected CD provided. Confirmed borrower not charged a Pest Inspection. It was mislabeled and should have been title - Inspection. No cure required.


Reviewer Comment (2019-01-10): AMC received the Final ALTA Settlement Statement on page 1 it shows the borrower paid $50 for an Inspection. There is nothing on the Final Settlement Statement that indicates the fee should be a Title Search Fee.


Buyer Comment (2019-01-10): See attached


Reviewer Comment (2019-01-10): AMC received Post Close CD dated 11/27/2018 removing $50 Pest Inspection and advising the borrower it was mislabeled and should have been Title Search. Please provide Final Alta Settlement Statement to conform $50 pest inspection was not charged to the borrower.
   12/04/2018   2 B xx/xx/xxxx CA Second Home 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
xxxx 6000030099 xxxx 9988555 6000030099-3843 01/10/2019 Credit Property - Appraisal Property Eligibility - Subject and Improvements Guideline Issue: Property type not allowed per credit guidelines   Lender Approval: The Subject Property is a Rural Property that is ineligible. The Lender approved Rural property. FICO score above minimum by 20 points or greater

DTI below max by 5% or greater		 AMC

AMC		 Reviewer Comment (2019-01-10): Attached are the Compensating factors for Exception Approval.
     11/20/2018 2 B xx/xx/xxxx CA Second Home Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030100 xxxx 9988574 6000030100-25158 01/10/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-01-10): Rate set at time of application - No change to pricing
     11/26/2018 2 B xx/xx/xxxx AZ Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000030100 xxxx 9988575 6000030100-3126 01/10/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.       Buyer Comment (2019-01-10): Not required
     11/26/2018 2 B xx/xx/xxxx AZ Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000030354 xxxx 9988674 6000030354-2811 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS or attestation loan does not qualify for delivery to a GSE PITIA reserves above minimum by 6 months or greater: 322.06 vs 12

FICO score above minimum by 20 points or greater,790 vs 720

DTI below max by 5% or greater, 30.08% vs 43%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-01-10): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-01-10): (xxxx)Loan amount exceeds GSE eligibility.xxxx elects to waive with compensating factors:
DTI below max by 5% or greater, 30.08% vs 43%
FICO score above minimum by 20 points or greater,790 vs 720
PITIA reserves above minimum by 6 months or greater: 322.06 vs 12
     12/27/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000030354 xxxx 9988676 6000030354-2924 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-01-10): Fraud Report provided
 12/27/2018     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000030356 xxxx 9988683 6000030356-2924 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   All Loans must include a third party fraud detection report.     Reviewer Comment (2019-01-10): Received fraud report.


Buyer Comment (2019-01-10): (xxxx)see attached fraud report
 12/21/2018     1 A xx/xx/xxxx FL Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000030356 xxxx 9988684 6000030356-3831 01/10/2019 Credit Credit Miscellaneous Credit Exception:   Departing residence obligation excluded from the DTI with no contract in place and missing appraisal confirming equity remaining in the home.     Reviewer Comment (2019-01-10): Appraisal provided reflecting value of $XXXX. Statement dated 11/1/18 reflects balance owing of $206,265.22. Borrower has more than the 20% equity required.


Buyer Comment (2019-01-10): (xxxx)Please see attached mtg stmt and appraisal- departing residence obligation to be excluded.


Reviewer Comment (2019-01-10): Received evidence of PITIA amounts. Please clarify if debt is to be added to DTI calculations or if further documentation will be provided for omission of debt. Please note addition of debt will increase DTI above guideline max of 50%.


Buyer Comment (2019-01-10): (xxxx)see attached
 12/27/2018     1 A xx/xx/xxxx FL Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000030356 xxxx 9988686 6000030356-4826 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No legal limit was set. The total closing costs exceeded the legal limit by $600. A total remaining amount to cure is $600     Reviewer Comment (2019-01-10): AMC received VCC for fee change.
 12/24/2018     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000030356 xxxx 9988687 6000030356-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $475.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507) No cure provided to the borrower for the addition of the second appraisal fee in the amount of $475.     Reviewer Comment (2019-01-10): AMC received VCC for fee change.


Buyer Comment (2019-01-10): (xxxx)please see docs
 12/24/2018     1 A xx/xx/xxxx FL 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
xxxx 6000030356 xxxx 9988688 6000030356-6542 01/10/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for 1007 Comparable Rent Schedule. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) No cure provided to the borrower for the addition of the 1007 Comparable rent schedule fee in the amount of $125.     Reviewer Comment (2019-01-10): AMC received VCC for fee change.


Buyer Comment (2019-01-10): (xxxx)rent sch was added when the program changed LE dated 09-24-18
 12/24/2018     1 A xx/xx/xxxx FL 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
xxxx 6000030690 xxxx 9988779 6000030690-2808 01/10/2019 Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-01-10): approval provided
 12/05/2018     1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other   C A C A B A A A Non QM Non QM No
xxxx 6000030690 xxxx 9988780 6000030690-6582 01/10/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $351.00 exceeds tolerance of $303.00 plus 10% or $333.30. Sufficient or excess cure was provided to the borrower at Closing. (0)           11/28/2018   1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A B A A A Non QM Non QM Yes
xxxx 6000030690 xxxx 9988781 6000030690-4613 01/10/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) The amount of $313 under the prepaid section is the remaining amount due of the $1642.
** Amount paid on the insurance policy shows $1,329. The total amount is $1642 for the year, at a rate of 136.83 per month.		     Reviewer Comment (2019-01-10): Number of months is rounded to nearest whole number.


Reviewer Comment (2019-01-10): Unable to Waive this exception. Calculations in section F must match the data in section G which would be 2 x $136.83 for total of$273.66. Please provide a corrected CD reflecting the $313.00 balance due in section H instead of section F along with an LOE to the borrower to cure this exception.


Buyer Comment (2019-01-10): The Remaining balance on the HOI was $313 and this is what is paid on the CD. We escrowed for the correct amount $1642 yearly which is $136.83 per month. Please have this condition waived.
 12/06/2018     1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000028556 xxxx 10027663 6000028556-4245 01/11/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 69.71429% exceeds Guideline loan to value percentage of 65.00000%. Subject loan is a cash-out refinance of a primary residence with a loan amount of $XXXX and an LTV/CLTV of 69.71%, which exceeds the maximum LTV/CLTV of 65% as required by Expanded Access Plus guidelines for a loan amount above $XXXX. File is missing the Investor exception to allow the higher LTV/CLTV.     Reviewer Comment (2019-01-11): Loan was switched to $1mm loan amount which decreased max LTV. Exception for loan amount was issued in place of this exception.
 10/30/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027664 6000028556-4264 01/11/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 7.94 is less than Guideline PITIA months reserves of 12.00. Borrower's business checking and savings accounts were included in qualifying assets however, the CPA Letter provided does not verify that withdrawals will not negatively affect the business, and file is missing the lender's cash flow analysis as required by Expanded Access guidelines. Without these business funds, the remaining reserves of 7.94 months are insufficient to cover 12 months of required reserves for a cash-out refinance with a loan amount above $1,000,000.00. FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789

Borrower has job stability for 22.1 years as a xxx.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-11): Client elected to waive the exception with verified compensating factors


Buyer Comment (2019-01-11): (xxxx)xxxx approved the use of cash-out in the amount of $408K to be used towards reserve requirement. Noted compensating factors:
Borrower has job stability for 22.1 years as a xxx.
FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789
     11/01/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027665 6000028556-4397 01/11/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/xx/xx/xxxx) Final Closing Disclosure, Calculating Cash to Close Table disclosed Cash to Close of -$416,331.37 however, the Summaries of Transactions Cash to Close to Borrower was disclosed as $411,084.15. Post-closing CD dated xx/xx/xxxx disclosed matching amounts of $416,659.90 however, file is missing the Letter of Explanation required to cure.     Reviewer Comment (2019-01-11): Client elects to waive.
     12/06/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000028556 xxxx 10027666 6000028556-20305 01/11/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. (xxxx/Schedule C) Schedule C income was verified with signed 2017 and 2016 personal tax returns, 2017 and 2016 IRS tax transcripts and a CPA letter.     Reviewer Comment (2019-01-11): Required tax returns included in file.
 10/31/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027667 6000028556-5366 01/11/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 43.60597% exceeds Guideline total debt ratio of 43.00000%. Borrower was qualified with a DTI of 43.548%. LTV/CLTV of 69.71% exceeds the maximum LTV/CLTV of 65% for a cash-out refinance with a loan amount above $1,000,000.00. Therefore, the subject loan is not eligible for the Expanded DTI program.     Reviewer Comment (2019-01-11): Recalculated income including 17,425 business miles for 2017 and $17,350 for 2016 x .54 cents per 1084 and internet resulting in additional $9,322.38 depreciation for 2017 and $9,369 for 2016 and lowered DTI to 42.153%


Reviewer Comment (2019-01-11): Loan amount and LTV were switched, however loan remains ineligible for 43+ financing due to guideline violation.
 11/02/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027668 6000028556-3861 01/11/2019 Property Property - Appraisal General Appraisal Requirements Valuation Exception:   Per appraisal, the subject property is located on xxxx acres which exceeds the Expanded Access guideline maximum of 20 acres. File is missing the Investor exception to allow the excessive acreage.     Reviewer Comment (2019-01-11): Added as a credit exception.


Reviewer Comment (2019-01-11): Waived with verified compensating factors.


Reviewer Comment (2019-01-11): Client elected to waive the exception with verified compensating factors


Buyer Comment (2019-01-11): (xxxx)Third-party appraisal review supports value with 0.0% difference. 3 out of the 4 appraisal comparables have like acreage ranging from 19.26 - 20.60. xxxx elects to waive .37 overage with compensating factors:
Borrower has job stability for 22.1 years as xxx.
FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789
 11/05/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027669 6000028556-5695 01/11/2019 Compliance Compliance Federal Compliance 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. Borrower was qualified with a DTI of 43.548%. LTV/CLTV of 69.71% exceeds the maximum LTV/CLTV of 65% for a cash-out refinance with a loan amount above $1,000,000.00. Therefore, the subject loan is not eligible for the Expanded DTI program and is at ATR Risk.     Reviewer Comment (2019-01-11): Recalculated income including 17,425 business miles for 2017 and $17,350 for 2016 x .54 cents per 1084 and internet resulting in additional $9,322.38 depreciation for 2017 and $9,369 for 2016 and lowered DTI to 42.153%


Seller Comment (2019-01-11): Per u/w: Found more income on the 1040 regarding auto depr.
 11/02/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027670 6000028556-3677 01/11/2019 Compliance Compliance Federal Compliance 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 Risk. Subject loan does not meet the requirements of Non-QM due to the DTI exceeding the Appendix Q maximum of 43%.     Reviewer Comment (2019-01-11): Recalculated income including 17,425 business miles for 2017 and $17,350 for 2016 x .54 cents per 1084 and internet resulting in additional $9,322.38 depreciation for 2017 and $9,369 for 2016 and lowered DTI to 42.153%
 11/02/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B C A Non QM Non QM Yes
xxxx 6000028556 xxxx 10027671 6000028556-6241 01/11/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of $xxx is greater than Guideline maximum loan amount of $1,000,000.00. Added 10/30 in place of LTV exception. Loan amount exceeds max for LTV. FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789

Borrower has job stability for 22.1 years as a xxx.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-11): Client elected to waive the exception with verified compensating factors


Buyer Comment (2019-01-11): (xxxx)xxxx approved with compensating factors:
Borrower has job stability for 22.1 years as a xxx.
FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789
     11/01/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000028556 xxxx 10027672 6000028556-3831 01/11/2019 Credit Credit Miscellaneous Credit Exception:   Per appraisal, the subject property is located on xxxx acres which exceeds the Expanded Access guideline maximum of 20 acres. File is missing the Investor exception to allow the excessive acreage. FICO score above minimum by 20 points or greater. Program requirement score 700 borrower FICO score is 789

Borrower has job stability for 22.1 years as a xxx.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-11): Waived with verified compensating factors.
     11/05/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
xxxx 6000029814 xxxx 10028363 6000029814-6569 01/11/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Missing desk review, ordered internally.     Reviewer Comment (2019-01-11): Desk review received.
 11/20/2018     1 A xx/xx/xxxx CA Investment Purchase   C A A A A A C A N/A N/A No
xxxx 6000030000 xxxx 10029688 6000030000-22154 01/11/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date 11/05/2018, Transaction Date: xx/xx/xxxx Final CD indicates the closing date to be xx/xx/xxxx and the funding date to be xx/xx/xxxx. Hazard insurance effective date is 11/5, which is acceptable     Reviewer Comment (2019-01-11): Effective date of xx/xx/xxxx is before disbursement date of xx/xx/xxxx. Clearing issue.,


Buyer Comment (2019-01-11): (xxxx)please review. erroneous condition. The funding date is xxxx - loan signed on xxxx. The insurance is effective as of xxxx . Hazard insurance effective date is xxxx, which is acceptable


Seller Comment (2019-01-11): Please Waive exception. The funding date is xxxx - loan signed on xxxx. The insurance is effective as of xxxx . Hazard insurance effective date is xxxx, which is acceptable
 11/19/2018     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000030000 xxxx 10029689 6000030000-23923 01/11/2019 Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Loan file did not consist of the correction of the Loss Payee Clause to the final Investor.     Reviewer Comment (2019-01-11): Payee Clause reflects Servicer. Clearing issue.
 11/19/2018     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000030000 xxxx 10029691 6000030000-5404 01/11/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Investor Guidelines state for Business Bank Statements states if a P&L or Earnings Statement is not provided than a narrative needs to be provided by the CPA.The loan was qualified using an 80% expense ration of the bank statement deposits. Unable to locate a P&L, Earnings Statement or a Business Narrative from the CPA.     Reviewer Comment (2019-01-11): Per 10/2018 Guides, borrower has 2 options; The fixed expense or the P& L method for qualifying. Borrower used the fixed expense method which does not require a P&L ore ES. Clearing issue.


Buyer Comment (2019-01-11): (xxxx)Guideline requirement does not apply to Fixed Expense Ratio.

A Business Narrative is not required from a CPA per guidelines. Most conservative fixed expense ratio was used to qualify. Have proof in file that the borrower owns the business - used 50% for ownership of both as borrower owns with his wife.


Seller Comment (2019-01-11): A Business Narrative is not required from a CPA per guidelines. Most conservative fixed expense ratio was used to qualify. Have proof in file that the borrower owns the business - used 50% for ownership of both as borrower owns with his wife.
 11/19/2018     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000030068 xxxx 10030320 6000030068-6542 01/11/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,704.08 exceeds tolerance of $3,678.00. Insufficient or no cure was provided to the borrower. (7200) Loan Discount Points were disclosed as $3,678.00 on the Initial Loan Estimate dated xx/xx/xxxx, but disclosed as $4,704.08 on the Final Closing Disclosure without a valid change of circumstance. Post-Closing CD dated 11/19/2018 did not disclose a cure for the increase of $1,026.08. Missing the Letter of Explanation, Proof of Delivery, Copy of Refund Check for $1,026.08, and Corrected CD required to cure.     Reviewer Comment (2019-01-11): VCC provided
 11/28/2018     1 A xx/xx/xxxx WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
xxxx 6000030068 xxxx 10030321 6000030068-4826 01/11/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for 0% tolerance violation of $1,026.08 was not provided.     Reviewer Comment (2019-01-11): VCC provided
 11/28/2018     1 A xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000030063 xxxx 10030490 6000030063-3867 01/11/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. Testing loan as Safe Harbor QM. Confirm if this is correct or should loan be tested as Non-QM.     Reviewer Comment (2019-01-11): File re-designated as Non QM.


Buyer Comment (2019-01-11): Please test as Non QM. (DTI exceeds QM Threshold).
 10/15/2018     1 A xx/xx/xxxx TX Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM Non QM Yes
xxxx 6000030063 xxxx 10030491 6000030063-1257 01/11/2019 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. Lender portfolio guidelines allows for up to 50% back-end ratio but QM max DTI is 43%.     Reviewer Comment (2019-01-11): File re-designated as Non QM.


Reviewer Comment (2019-01-11): NA is not an allowable designation for a primary residence transaction. Options are Safe Harbor or Non QM. Safe Harbor requires a DR of 43% or less. Non QM would allow up to guideline max of 50%.


Buyer Comment (2019-01-11): MAVENT reflects "NA" under "QM Eligible" - can this be cleared as a grade 2?


Buyer Comment (2019-01-11): Flex guidelines allow the DTI to go up to 50%
 10/15/2018     1 A xx/xx/xxxx TX Primary Purchase   C B A A C B A A Safe Harbor QM Non QM No
xxxx 6000030063 xxxx 10030492 6000030063-17649 01/11/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) There are 2 additional fees on the Seller CD that are not on the Consumers CD.
1) Doc Prep fee-$100, and 2) Release Recording Fee-$34.		     Reviewer Comment (2019-01-11): Received PCCD with fees included.
 10/12/2018     1 A xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM Non QM Yes
xxxx 6000030063 xxxx 10030493 6000030063-6583 01/11/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7535) The Lender has a $184.95 credit listed on the Final CD which is sufficient to cure.         10/05/2018   1 A xx/xx/xxxx TX Primary Purchase Final CD evidences Cure C B A A C B A A Safe Harbor QM Non QM Yes
xxxx 6000030063 xxxx 10030494 6000030063-6583 01/11/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $34.95 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7571) The Lender has a $184.95 credit listed on the Final CD which is sufficient to cure.         10/05/2018   1 A xx/xx/xxxx TX Primary Purchase Final CD evidences Cure C B A A C B A A Safe Harbor QM Non QM Yes
xxxx 6000030063 xxxx 10030495 6000030063-22655 01/11/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. File re-designated as Non QM.     Reviewer Comment (2019-01-11): File re-designated as Non QM.
   10/15/2018   2 B xx/xx/xxxx TX Primary Purchase   C B A A C B A A Safe Harbor QM Non QM No
xxxx 6000030091 xxxx 10030582 6000030091-1153 01/11/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Reviewer Comment (2019-01-11): Received Rate Lock


Buyer Comment (2019-01-11): See attached lock certs


Reviewer Comment (2019-01-11): We are missing date rate was locked or when interest rate was set. Needed in order to accurately determine APOR.


Buyer Comment (2019-01-11): Please provide clarification on this exception...Thanks
 11/13/2018     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000030091 xxxx 10030583 6000030091-3126 01/11/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.       Buyer Comment (2019-01-11): LO Comp is set at the broker level - All LOs and all programs have same comp -
     11/01/2018 2 B xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000030091 xxxx 10030584 6000030091-4826 01/11/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Binding LE disclosed a Credit Report Fee of $40.00, however, Final CD disclosed $54.50 and also disclosed a $14.50 credit for increase in Closing Costs above legal limit. Cure for 0% tolerance violation was provided.     Reviewer Comment (2019-01-11): cured at closing
   10/31/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030091 xxxx 10030587 6000030091-6542 01/11/2019 Compliance Compliance Federal Compliance 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 $54.50 exceeds tolerance of $40.00. Insufficient or no cure was provided to the borrower. (7520) Binding LE disclosed a Credit Report Fee of $40.00, however, Final CD disclosed $54.50 and also disclosed a $14.50 credit for increase in Closing Costs above legal limit. Cure for 0% tolerance violation was provided.     Reviewer Comment (2019-01-11): cured at closing
   10/31/2018   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000030091 xxxx 10030588 6000030091-3862 01/11/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Disaster just declared in this county.     Reviewer Comment (2019-01-11): Seller reps and warrants that the property is not damaged by fire, wind, or other cause of loss and that there are no proceedings pending for the partial or total condemnation of the property.
 11/16/2018     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000030088 xxxx 10030677 6000030088-5366 01/11/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 65.91740% exceeds Guideline total debt ratio of 50.00000%. Investor qualifying debt ratio discrepancy is due to verified income less than reported by the lender.     Reviewer Comment (2019-01-11): Additional interest added back. DTI within allowance.


Buyer Comment (2019-01-11): See attached - xxx paid in full
 11/12/2018     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A B A A A N/A N/A No
xxxx 6000030088 xxxx 10030678 6000030088-1153 01/11/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Reviewer Comment (2019-01-11): This is for a missing rate lock, however not valid for investment.


Buyer Comment (2019-01-11): Please provide additional information on this exception - What documentation is required to satisfy this? Thanks
 11/09/2018     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A B A A A N/A N/A No
xxxx 6000030098 xxxx 10030809 6000030098-6583 01/11/2019 Compliance Compliance Federal Compliance 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 $78.41 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) Cure was provided on Post Closing Disclosure.         11/13/2018   1 A xx/xx/xxxx OR Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
xxxx 6000030047 xxxx 10631785 6000030047-4529 02/13/2019 Credit Borrower and Mortgage Eligibility Borrower Eligibility Guideline Issue: Number of properties financed exceeds amount allowed by guidelines.   The borrower has 27 financed properties, which is greater than the allowable 10 properties. Unable to locate a lender exception. FICO score above minimum by 20 points or greater. 779 vs. 580.

DTI below max by 5% or greater. 13.85725% vs 50%.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-13): Client elected to waive with compensating factors.


Buyer Comment (2019-02-13): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 13.885% vs 50%.
FICO score above minimum by 20 points or greater. 779 vs 580.
     12/24/2018 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B C A A A N/A N/A No
xxxx 6000030047 xxxx 10631786 6000030047-2860 02/13/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   The mortgage statements for the properties located at xxxx and xxxx are missing from the loan file.     Reviewer Comment (2019-02-13): Mortgage statement for xxxx was provided in the original file. Received a payment history and cancelled checks for a 3rd party mortgage on the property at xxxx.


Seller Comment (2019-02-13): Nautical--mortgage statement was in file. Please see attached. Coventry--private party, no mortgage statement but 12 months cancelled checks provided to verify payment.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B C A A A N/A N/A No
xxxx 6000030047 xxxx 10631787 6000030047-2918 02/13/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided   Unable to determine if the loan contains a Prepayment Penalty. There is a Prepayment Addendum attached to the Note and a Prepayment Rider and the final CD reflects a Prepayment Penalty, however, the Prepayment Penalty amount on the Addendum/Rider reflects all fields as N/A. Please provide explanation regarding the Prepayment Penalty. FICO score above minimum by 20 points or greater. 779 vs. 580.

DTI below max by 5% or greater. 13.85725% vs 50%.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-13): Client elects to waive exception with compensation factors.


Seller Comment (2019-02-13): The non-QM Prepay form that DocMagic uses has a different structure than the normal Prepay form. The non-QM form is set up for tiers (3% in year 1, 2% in year 2, 1% in year 3) while the normal prepay form in California is set for 6 months interest on the amount prepaid in excess of 20% of the original loan balance.

I dont know why they have a separate non-QM version with tiers. The form itself cites a code section that has to do with natural disasters and states of emergency

Cal Business & Professions Code 10242.6(b):
Notwithstanding subdivision (a), there shall be no prepayment penalty charged to a borrower under a loan subject to this section if the dwelling securing the loan has been damaged to such an extent by a natural disaster for which a state of emergency is declared by the Governor, pursuant to Chapter 7 (commencing with Section 8550) of Division 1 of Title 2 of the Government Code, that the dwelling cannot be occupied and the prepayment is causally related thereto.

The only guess I have is that the typical CA form we use is specifically for owner-occupied properties, but everyone in the industry applies it to all property types. We will just need to make sure that the prepayment form we intend to use is hardcoded into the system to pull regardless of QM status.

In this instance we have waived the prepayment penalty on this loan because the rider shows N/A.


Reviewer Comment (2019-02-13): Pre-Payment Addendum to the Note is incomplete. All fields were disclosed as N/A. Unable to determine the terms of the pre-payment. Upon receipt of the completed document, additional conditions may apply.
     01/02/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B C A A A N/A N/A No
xxxx 6000030047 xxxx 10631788 6000030047-4188 02/13/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Unable to determine if the loan contains a Prepayment Penalty. There is a Prepayment Addendum attached to the Note and a Prepayment Rider and the final CD reflects a Prepayment Penalty, however, the Prepayment Penalty amount on the Addendum/Rider reflects all fields as N/A. Please provide explanation regarding the Prepayment Penalty.     Reviewer Comment (2019-02-13): Duplicate exception.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B C A A A N/A N/A Yes
xxxx 6000030047 xxxx 10631789 6000030047-23930 02/13/2019 Credit Assets Asset Calculation / Analysis Asset reverification is less than balance required to be verified.   The borrower refinanced 8 properties. The total reserves required for all properties is $596,492.76 in reserves and $19,450.68 in cash to close totaling $615,947.44 in assets. The borrower provided assets totaling $282,755.81.     Reviewer Comment (2019-02-13): Upon further research, exception has been cleared. Per EA Overlay xx/xx/xxxx, 36 months of reserves are required (12 months for the subject investment and 24 months total for 8 additional financed properties). Borrower has 66.23 months of reserves after closing.
 12/24/2018     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B C A A A N/A N/A No
xxxx 6000030819 xxxx 10631888 6000030819-6445 02/13/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.61920% or Final Disclosure APR of 6.63000% is in excess of allowable threshold of APOR 4.65% + 1.5%, or 6.15000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-02-13): Higher Priced Mortgage Loan for CA and FED Compliant
     01/22/2019 1 A xx/xx/xxxx NV Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000030819 xxxx 10631890 6000030819-6583 02/13/2019 Compliance Compliance Federal Compliance 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 $46.00 exceeds tolerance of $45.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) A cure of $1.00 was given for this increase.         01/16/2019   1 A xx/xx/xxxx NV Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
xxxx 6000030819 xxxx 10631891 6000030819-2811 02/13/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided. PITIA reserves above minimum by 6 months or greater. 31.90 months vs 6 months required.

FICO score above minimum by 20 points or greater. 802 vs 720		 Aggregator

Aggregator		 Reviewer Comment (2019-02-13): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-13): (xxxx)Borrower was qualified using 24 months business bank statements. Bank statements doc type are ineligible for GSE delivery. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. 802 vs 720
PITIA reserves above minimum by 6 months or greater. 31 months vs 6 required.
     01/24/2019 2 B xx/xx/xxxx NV Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000030826 xxxx 10632025 6000030826-25454 02/13/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Desk review ordered 1/4     Reviewer Comment (2019-02-13): Received CDA. Value supported.


Buyer Comment (2019-02-13): (xxxx)Value review completed 11/9 - value is supported. Please clear.
 01/14/2019     1 A xx/xx/xxxx WA Primary Purchase   C B A A B B C A Non QM Non QM No
xxxx 6000030826 xxxx 10632027 6000030826-3495 02/13/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Appraisal provided date per receipt document is 12/5/2018. The date of the report is xx/xx/xxxx.     Buyer Comment (2019-02-13): Non-material: Appraiser made a clerical update on 12/19/18 that did not impact value. Copy of Appraisal dated xx/xx/xxxx was delivered to borrower on 12/5.
     01/15/2019 2 B xx/xx/xxxx WA Primary Purchase   C B A A B B C A Non QM Non QM No
xxxx 6000030826 xxxx 10632028 6000030826-25158 02/13/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock information was not provided     Reviewer Comment (2019-02-13): Received Rate Lock Confirm.
 01/14/2019     1 A xx/xx/xxxx WA Primary Purchase   C B A A B B C A Non QM Non QM No
xxxx 6000030826 xxxx 10632029 6000030826-23897 02/13/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) The revised LE was received by the borrower on xx/xx/xxxx which is after the initial CD was received (xx/xx/xxxx)     Buyer Comment (2019-02-13): non-material: Revised LE sent by client in timely fashion, borrower did not acknowledge receiving until a later date.
     01/15/2019 2 B xx/xx/xxxx WA Primary Purchase No Defined Cure C B A A B B C A Non QM Non QM No
xxxx 6000030826 xxxx 10632030 6000030826-6583 02/13/2019 Compliance Compliance Federal Compliance 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 $860.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Cure of $160 given to the borrower at closing for increase in appraisal fee from $700 to $860         01/08/2019   1 A xx/xx/xxxx WA Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
xxxx 6000030826 xxxx 10632031 6000030826-4371 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD was dated xx/xx/xxxx but was executed on the following day xx/xx/xxxx. The PCCD and letter of explanation is on file     Buyer Comment (2019-02-13): non-material: WA is a dry state, the date on the CD does not have to match the signing date on the consummation CD.
     01/15/2019 2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632125 6000030794-2811 02/13/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS or attestation loan does not qualify for conventional financing     Reviewer Comment (2019-02-13): Upon further research, exception has been cleared.
 01/16/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632128 6000030794-4826 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632129 6000030794-25371 02/13/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Homeowners Insurance Premium. Fee Amount of $694.16 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8500) Good Faith Tolerance exceeded for Homeowners Insurance Premium. Fee Amount of $694.16 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-02-13): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/14/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632130 6000030794-4866 02/13/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Home Loan Toolkit Disclosure was provided to borrower on 10/31/18 which is not within 3 business days of application date of xx/xx/xxxx.     Reviewer Comment (2019-02-13): Received evidence the Home Loan Toolkit was provided at application.
 01/16/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632131 6000030794-6295 02/13/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act – Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. Disclosure will not be used to rebaseline for tolerance purposes and may result in disclosure timing violations. Initial LE sent electronically prior to esign consent may result in a fee tolerance violation of up to $18,865.37. (Initial/xx/xx/xxxx) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Initial Loan Estimate sent prior to e-sign consent may result in a fee tolerance violation of up to $18,865.37.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632133 6000030794-4916 02/13/2019 Compliance Compliance Federal Compliance TRID Service Provider Timing TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application. SSPL was provided to borrower on 10/31/18 which is not within 3 business days of application date of xx/xx/xxxx.     Reviewer Comment (2019-02-13): Received evidence the Settlement Service Provider List was provided at application.


Buyer Comment (2019-02-13): (xxxx)Regarding the conditions below, the loan was originally disclosed with only one borrower, xxx. I have attached the email consent disclosure and all the initial disclosures within compliance, as being requested. The loan was then redisclosed adding xxx on 10/31. Please review and advise what additional docs will be needed.
 01/16/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632134 6000030794-6543 02/13/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,948.60 exceeds tolerance of $1,928.00 plus 10% or $2,120.80. Insufficient or no cure was provided to the borrower. (0) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632135 6000030794-6542 02/13/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,127.77 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632136 6000030794-6542 02/13/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $475.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632137 6000030794-6542 02/13/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632138 6000030794-6542 02/13/2019 Compliance Compliance Federal Compliance 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 $45.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632139 6000030794-6542 02/13/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $76.95 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75215) Initial Loan Estimate was provided to the borrower on xx/xx/xxxx however, the electronic consent disclosure and the Initial Loan Estimate were signed by the borrower on xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-02-13): AMC received evidence of earlier receipt.


Buyer Comment (2019-02-13): (xxxx)please see additional docs and client email regarding initial disclosures and eConsent


Reviewer Comment (2019-02-13): Loan Estimate was provided to the borrower on xx/xx/xxxx and E-signed on xx/xx/xxxx at 5:57 pm. Consent to receive electronic was e-signed on xx/xx/xxxx at 5:58 pm (after viewing the disclosures) Since consent to receive disclosure was obtained after documents were delivered to the borrower it is the equivalent of the disclosures never being sent. Thus 0% and 10% exceptions for fees have been indicated accordingly. Required cure includes Corrected CD, LOE to borrower, Cure check and proof of delivery.


Buyer Comment (2019-02-13): (xxxx)Regarding the conditions below, the loan was originally disclosed with only one borrower, xxxx. I have attached the email consent disclosure and all the initial disclosures within compliance, as being requested. The loan was then redisclosed adding xxxx on 10/31. Please review and advise what additional docs will be needed.
 01/22/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030794 xxxx 10632140 6000030794-3136 02/13/2019 Compliance Compliance Federal Compliance 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 was provided to borrowers on 10/31/18 which is not within 3 business days of application date of xx/xx/xxxx.     Reviewer Comment (2019-02-13): Received evidence the Homeownership Counseling List was provided at application.
 01/16/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632141 6000030794-23698 02/13/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx Missing fraud report for both borrowers.     Reviewer Comment (2019-02-13): Received the Fraud Report for both borrowers.


Buyer Comment (2019-02-13): (xxxx)fraud report uploaded
 01/16/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030794 xxxx 10632142 6000030794-18823 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx did not use the same fee terminology as the Loan Estimate. (Final/xx/xx/xxxx) Fee name changes from LE to CD were Notary, Loan-Tie and Settlement Fee without "title". These fee names were changed on CD. Need an attestation from Lender they are the same fee or additional cure may be needed.     Buyer Comment (2019-02-13): Non-material: Fee descriptions correct on CD and reflect Title. All fees are associated title fees and paid to third party closing agents.
     01/23/2019 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030650 xxxx 10632196 6000030650-18030 02/13/2019 Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   The Final Closing CD is missing the 4th page.     Reviewer Comment (2019-02-13): Received complete CD dated 1xx/xx/xxxx.


Buyer Comment (2019-02-13): (xxxx)please see 12/21 CD


Reviewer Comment (2019-02-13): CD dated 12/28/18 was provided however CD dated xx/xx/xxxx is missing page 4, please provide complete CD dated xx/xx/xxxx. Exception remains.


Seller Comment (2019-02-13): please provide complete copy of CD


Buyer Comment (2019-02-13): (xxxx)please provide complete copy of CD
 01/11/2019     1 A xx/xx/xxxx OR Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000030650 xxxx 10632197 6000030650-3831 02/13/2019 Credit Credit Miscellaneous Credit Exception:   Asset Utilization was used and requires 120 days seasoned statements. Received statements for June, July, September and October, however the August statement was not provided.     Reviewer Comment (2019-02-13): Clearing issue. Bank statements provided meet seasoning requirements of 4 months., Guides do not specify they are required to be consecutive.


Buyer Comment (2019-02-13): (xxxx)please review... does not appear to be valid condition. xxxx does not require 6 months of statements, only that funds were seasoned 120 days. If funds available in June statement, no additional statements required. June/July documents seasoning requirement
 01/09/2019     1 A xx/xx/xxxx OR Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000030650 xxxx 10632198 6000030650-4957 02/13/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Title Endorsement and Lender's Title Insurance fees reflected in section B, should be in section C. Provider used is not listed on SSPL. Data is still not accurate on subsequent disclosure. Please provide corrected CD to cure this exception.     Buyer Comment (2019-02-13): Non-material: Fees tested in section B and pass tolerance testing
     01/07/2019 2 B xx/xx/xxxx OR Primary Refinance - Rate/Term Good Faith Redisclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000030677 xxxx 10632232 6000030677-4826 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure amount of $48.00 disclosed on the final CD was insufficient; evidence of adequate cure or valid Changed Circumstance not provided; however, a cure of $48.00 was disclosed for the credit report that was not disclosed on the LE.     Reviewer Comment (2019-02-13): Sufficient or excess cure was provided to the borrower at Closing.


Seller Comment (2019-02-13): 60.95 is reflected as a credit to the borrower. This includes 48 dollars under disclosure and 12.95 credit for the interest rate. All credits went to borrower per funding worksheet attached.
 12/31/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000030677 xxxx 10632233 6000030677-7038 02/13/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Evidence that the borrower received the preliminary CD at least 3 days prior to closing was not provided.     Reviewer Comment (2019-02-13): Initial CD provided e-signed


Seller Comment (2019-02-13): Borrower signed initial CD and consummate CD on the 7th. Borrower reviewed CD for three days. See attached CD initial and CD consummate
 12/31/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000030677 xxxx 10632234 6000030677-6331 02/13/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-12.95 is less than amount of binding Lender Credit previously disclosed in the amount of $-1,334.00. (9300) Evidence of sufficient cure was not provided.     Reviewer Comment (2019-02-13): Rate lock used as change of circumstance rate was locked same day as revised LE sent to the borrower


Seller Comment (2019-02-13): Initial un locked LE reflects credit of $1334 and rate of 5.375 % Locked LE sent 12/3 reflects credit of $13.00 ( dueto rounding) and a lower rate of 5.25%
It is acceptable to lower credit to borrower on locked LE with rate change.
 12/31/2018     1 A xx/xx/xxxx CA 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
xxxx 6000030677 xxxx 10632235 6000030677-6542 02/13/2019 Compliance Compliance Federal Compliance 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 $48.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) The final CD provided a sufficient cure of $48.00 for this previously undisclosed fee.     Reviewer Comment (2019-02-13): Sufficient or excess cure was provided to the borrower at Closing.
 12/31/2018     1 A xx/xx/xxxx CA 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
xxxx 6000030677 xxxx 10632237 6000030677-5404 02/13/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Borrower-prepared P&L P&L not provided.     Reviewer Comment (2019-02-13): Lender used Expense Ration which does not require a P&L


Buyer Comment (2019-02-13): (xxxx)P&L not required - see guidelines - used appropriate expense factor of 60% per grid.


Seller Comment (2019-02-13): P&L not required - see guidelines - used appropriate expense factor of 60% per grid.
 12/28/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000030677 xxxx 10632239 6000030677-6583 02/13/2019 Compliance Compliance Federal Compliance 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 $48.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) Sufficient or excess cure was provided to the borrower at Closing.         12/31/2018   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
xxxx 6000030668 xxxx 10632248 6000030668-4371 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 1xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/1xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Please provide a corrected CD and LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-13): Letter of Explanation & Corrected Closing Disclosure received


Seller Comment (2019-02-13): PCCD, LOE and tracking uploaded.
   01/17/2019   1 A xx/xx/xxxx HI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000030668 xxxx 10632251 6000030668-2924 02/13/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-02-13): Received Fraud Report.


Buyer Comment (2019-02-13): (xxxx)please see docs
 01/16/2019     1 A xx/xx/xxxx HI Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000030668 xxxx 10632252 6000030668-25350 02/13/2019 Credit Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.         Reviewer Comment (2019-02-13): Desk review was provided supporting value.
 01/07/2019     1 A xx/xx/xxxx HI Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000030668 xxxx 10632253 6000030668-24220 02/13/2019 Compliance Compliance Federal Compliance TRID Post Close Closing Disclosure Total Of Payments Test Non-Rescindable Transactions TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Total of Payments of $2,046,555.25 disclosed on the Final Closing Disclosure dated 1xx/xx/xxxx is inaccurate by more than $100 compared to the Total of Payments calculated based on fees disclosed on the Post Closing Disclosure of $2,047,455.25 provided on xx/xx/xxxx, a difference of $900.00000. (Post-Close/xx/xx/xxxx) $900 appraisal fee changed from lender paid to Borrower paid prior to closing causing exception for Total of Payments by the same amount. Letter of Explanation, Proof of Delivery, Refund check for under-disclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable is needed to cure.     Reviewer Comment (2019-02-13): AMC received required documents, exception is cleared.


Seller Comment (2019-02-13): The Final CD disclosed the appraisal fee as paid by other not paid by lender as it does not have an L next to the fee. Attached is a copy of a new PCCD, cover letter and shipping label showing this fee has been corrected. In addition I have attached a copy of the appraisal invoice to support that it was paid by other.

The Total of Payments amount is now accurate and matches Final CD.
 01/18/2019     1 A xx/xx/xxxx HI 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 A C A B A A A Non QM Non QM Yes
xxxx 6000030795 xxxx 10632276 6000030795-4850 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The CD didn't disclose a dollar amount by which the closing costs exceeded the legal limit. The actual amount is $2.67 which is the difference between the initial lender credit disclosed of $703.75 and the final lender credit of $701.08     Reviewer Comment (2019-02-13): Upon further research, exception has been cleared. Original COC reason was captured as borrower requested change. However, COC was issued for a loan amount decrease, which is a valid reason for the decrease in the lender credit.
 01/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030795 xxxx 10632277 6000030795-6331 02/13/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-701.08 is less than amount of binding Lender Credit previously disclosed in the amount of $-704.00. (9300) 12/19 LE issued a lender credit of -703.75, then it was lowered to -701.08 on the 12/21 LE. Total remaining to cure is $2.67. Refund check, proof of delivery, letter of explanation and post closing CD required to cure.     Reviewer Comment (2019-02-13): Upon further research, exception has been cleared. Original COC reason was captured as borrower requested change. However, COC was issued for a loan amount decrease, which is a valid reason for the decrease in the lender credit.


Buyer Comment (2019-02-13): (xxxx)This is the loan discount fee of ($701.80). This changed occurred on the LE dated 1xx/xx/xxxx - discount fee increased from ($703.75) to ($701.08) due to the loan amount change. No additional action is needed to correct this.


Seller Comment (2019-02-13): This is the loan discount fee of ($701.80). This changed occurred on the LE dated 1xx/xx/xxxx - discount fee increased from ($703.75) to ($701.08) due to the loan amount change. No additional action is needed to correct this.
 01/22/2019     1 A xx/xx/xxxx CA 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 A A C B A A Non QM Non QM Yes
xxxx 6000030795 xxxx 10632278 6000030795-23897 02/13/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate 1xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/1xx/xx/xxxx) Final LE dated 1xx/xx/xxxx was not E-signed, therefore 3 business days from the issue date is used for the received date (mail rule). 3 business days from xx/xx/xxxx is xx/xx/xxxx and the same date as the date the initial CD was received     Buyer Comment (2019-02-13): non-material: The waiting period between the LE date xxxx & the initial CD dated xxxx accounted for the 7 day waiting period - borrower did not sign until xx/xx/xxxx. No additional action is needed.


Seller Comment (2019-02-13): The waiting period between the LE date xxxx & the initial CD dated xxxx accounted for the 7 day waiting period - borrower did not sign until xx/xx/xxxx. No additional action is needed.
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030709 xxxx 10632298 6000030709-2839 02/13/2019 Credit Assets Asset Documentation Missing Document: Gift Letter not provided         Reviewer Comment (2019-02-13): Received cash flow analysis to verify business liquidity.


Buyer Comment (2019-02-13): (xxxx)Please see attached UW analysis.


Reviewer Comment (2019-02-13): Received lender attestation that the $10,000.00 EMD was mislabeled as a Gift and a copy of the EMD check verifies the funds came from the borrower's business account. Letter from the business accountant does not verify withdrawals will not negatively impact the business and file is missing a cash flow analysis of the balance sheet as required by EA Plus Overlay (xx/xx/xxxx).


Buyer Comment (2019-02-13): (xxxx)Please see attached.
 01/16/2019     1 A xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030709 xxxx 10632299 6000030709-4371 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Actual closing/consummation occurred xx/xx/xxxx.     Reviewer Comment (2019-02-13): Received Letter of Explanation and Corrected CD required to cure.


Seller Comment (2019-02-13): This was provided on 1/9.
   01/16/2019   1 A xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030709 xxxx 10632301 6000030709-23897 02/13/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) This LE was electronically signed on xx/xx/xxxx.     Buyer Comment (2019-02-13): Non-material
     01/09/2019 2 B xx/xx/xxxx OR Primary Purchase No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000030709 xxxx 10632302 6000030709-4824 02/13/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) the final CD disclosed the appraisal review fee of $155 was paid to lender; a third-party invoice for this fee was not provided.     Reviewer Comment (2019-02-13): Received Letter of Explanation, Proof of USPS Delivery (per FedEx, Copy of Refund Check for $155.00 (for the Appraisal Review Fee paid to the lender in Section B) and Corrected CD required to cure
   01/16/2019   2 B xx/xx/xxxx OR Primary Purchase Good Faith Redisclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030709 xxxx 10632303 6000030709-25319 02/13/2019 Compliance Compliance Federal Compliance TRID Closing Disclosure Lump Sum Allocation Lump sum lender/seller credit disclosed on Closing Disclosure applied to offset non-finance charges first, then finance charges pursuant to client's election as permitted under xxxx RMBS 3.0 TRID Compliance Review Scope Version 2.0 (updated October 2018). Anti-predatory lending points and fees testing are not impacted. Seller credit of $19,656.04 disclosed on page 3 of the final CD.     Buyer Comment (2019-02-13): Non-material
     01/09/2019 2 B xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030709 xxxx 10632305 6000030709-6239 02/13/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.   Housing payment shock is 336.58689%; this exception has been waived per the client pre-approval waiver list. Residual income greater than 3X the VA

801 representative FICO score > 720 guideline minimum - 89 points above guideline minimum.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-13): Waiver per clients pre-approved waiver list.
     01/08/2019 2 B xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030823 xxxx 10632371 6000030823-25158 02/13/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock documentation was not provided in the loan file.     Buyer Comment (2019-02-13): non-material: worst-case APOR used to complete compliance testing
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000030823 xxxx 10632372 6000030823-4366 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Costs Subtotals Borrower Paid - At Closing TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed Total Closing Costs (Paid by Borrower at Closing) that does not match sum of fees. (Final/xx/xx/xxxx) This was corrected on the post closing CD issued xx/xx/xxxx.     Buyer Comment (2019-02-13): non-material: missing LOE for clerical update only. PC CD was corrected.
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030823 xxxx 10632373 6000030823-4613 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) The amount disclosed was the balance due on the policy, $ 129.65 and not the actual monthly amount $161.28.     Buyer Comment (2019-02-13): non-material: refinance transaction, borrower had to pay previous balance due on prior HOI policy
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030823 xxxx 10632375 6000030823-6583 02/13/2019 Compliance Compliance Federal Compliance 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 $675.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) The appraisal fee increased by $75.00 with no valid COC but a cure was provided at closing.         01/16/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000030823 xxxx 10632376 6000030823-2821 02/13/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Could not locate a letter of explanation for the recent credit inquires listed on the borrower's credit report. PITIA reserves above minimum by 6 months or greater. 22 vs 9

FICO score above minimum by 20 points or greater. 735 vs 700		 Aggregator

Aggregator		 Reviewer Comment (2019-02-13): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-13): (xxxx)Credit report shows 1 inquiry in the last 90 days. It appears borrower shopped at another mortgage company prior to application. Borrower signed the Borrower Application Cert at closing attesting that all financial obligations were accurately disclosed. xxxx elect to waive with compensating factors:
FICO score above minimum by 20 points or greater. 735 vs 700
PITIA reserves above minimum by 6 months or greater. 22 vs 9
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000030726 xxxx 10632397 6000030726-3831 02/13/2019 Credit Credit Miscellaneous Credit Exception:   Missing additional 3rd party appraisal desk review required for client scope. Ordered 1/2/19 and will clear upon receipt.     Reviewer Comment (2019-02-13): Desk review provided.
 01/04/2019     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000030790 xxxx 10632403 6000030790-25158 02/13/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. The rate lock documentation was not provided.     Reviewer Comment (2019-02-13): AMC received rate lock agreement.
 01/15/2019     1 A xx/xx/xxxx AZ Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030790 xxxx 10632404 6000030790-4371 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final xx/xx/xxxx CD shows the closing date of xx/xx/xxxx, the notary date is xx/xx/xxxx, the post Close CD has a corrected xx/xx/xxxx closing date but is missing LOE to borrower regarding changes.     Buyer Comment (2019-02-13): non-material: closing date corrected on PC CD. Missing LOE for clerical update only.
     01/16/2019 2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030790 xxxx 10632405 6000030790-24188 02/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $1,815.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The 1004 provided shows the HOA fees at $153 per month, the 1008/final application/final CD are showing $165 a month.     Reviewer Comment (2019-02-13): AMC received evidence of updated HOA dues different than on appraisal.


Seller Comment (2019-02-13): please provide PC CD, LOE and delivery information
 01/15/2019     1 A xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030790 xxxx 10632408 6000030790-2924 02/13/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   The loan file does not contain a Fraud Report.     Reviewer Comment (2019-02-13): Received Fraud Report.


Buyer Comment (2019-02-13): (xxxx)please see drive report
 01/17/2019     1 A xx/xx/xxxx AZ Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000031750 xxxx 10632459 6000031750-6583 02/13/2019 Compliance Compliance Federal Compliance 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 $175.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103) A Cure in the amount of $175.00 was provided at closing.         12/28/2018   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
xxxx 6000032229 xxxx 10746384 6000032229-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 03/16/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Disaster occurred after loan closing.     Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10754364 6000032229-25454 02/21/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Secondary appraisal not provided.     Reviewer Comment (2019-06-21): Received copy of the valid change of circumstance.
 06/21/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10755728 6000032229-3677 02/21/2019 Compliance Compliance Federal Compliance 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. Due Diligence Loan Designation is ATR Fail.     Reviewer Comment (2019-03-04): Received copy of the YTD P&L and balance sheet for the Schedule C income.
 03/04/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10755730 6000032229-25520 02/21/2019 Compliance Compliance Federal Compliance 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. (Tooker,Luke Acting, Directing, entertainment production/Schedule C) Two years tax returns, P&L statement and third party verification of employment not provided.     Reviewer Comment (2019-03-04): Received copy of the YTD P&L and balance sheet for the Schedule C income.


Seller Comment (2019-02-27): P&L and Tax return
 03/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10755732 6000032229-25040 02/21/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). Income documentation requirements not met.     Reviewer Comment (2019-03-13): Used the higher of sart rate or fully indexed rate as required by the guidelines. Exception has been cleared.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10755734 6000032229-4204 02/21/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Income documentation requirements not met.     Reviewer Comment (2019-03-04): Received copy of the YTD P&L and balance sheet for the Schedule C income.
 03/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10755735 6000032229-20305 02/21/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/Partnership) Two years tax returns, P&L statement and third party verification of employment not provided.             2 B xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10756082 6000032229-4404 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) TIP on final CD is 86.196%             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10756084 6000032229-6411 02/21/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure was not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10756916 6000032229-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-04): Received copy of the final 1003.


Seller Comment (2019-02-27): updated final signed 1003
 03/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10763082 6000032229-25045 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Non QM DTI moderately exceeds Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the 1026.43(c)(5) of 45.66% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.)       Reviewer Comment (2019-03-13): Please refer to the new generated exception.


Seller Comment (2019-03-13): DTI calculations can be verified by reviewing the loan application and income in file. Please provide your calculations to review your discrepancy, as our figures reflect how it was approved at 38.537, as listed on the final LAS.


Reviewer Comment (2019-03-05): LAS did not provided the lender's DTI calculation; unable to verify the discrepancy.


Seller Comment (2019-03-05): see attached LAS, our DTI is <45%.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10763166 6000032229-6297 02/22/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $2,567.84 and disclosure timing violations. ESign was not provided.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10763167 6000032229-4826 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose a dollar amount by which the Total Closing Costs exceeded the legal limit.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763168 6000032229-6543 02/22/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $150.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Missing esign consent.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763170 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) Cure for loan origination fee of $1695 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763171 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Cure for appraisal fee of $600 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763172 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance 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 $19.84 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Cure for credit report fee of $19.84 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763173 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $32.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7575) Cure for verification of tax return fee of $32 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763174 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Cure for flood certification life of loan of $10 was not provided             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763175 6000032229-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $61.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) Cure for tax service fee life of loan of $61 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 10763470 6000032229-2802 02/22/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032229 xxxx 10910601 6000032229-25029 03/04/2019 Compliance Compliance Federal Compliance 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 (2019-04-02): Based on the lender's guideline rental income calculation, DTI is 40.05%.
 04/02/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B C A Non QM Non QM Yes
xxxx 6000032229 xxxx 11052690 6000032229-25034 03/13/2019 Compliance Compliance Federal Compliance 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 45.66346% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) New exception: It appears the variance according to the 1003 is rental income disclosed as $660.00 vs the calculated amount of -$403.42 and Income from June Star disclosed as -$43 but calculate amount is -$172.33. Qualifying rate used is 4.7718%.     Reviewer Comment (2019-04-02): Based on the lender's guideline rental income calculation, DTI is 40.05%.
 04/02/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000032245 xxxx 10750137 6000032245-17814 02/21/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final 1003 is not signed by borrower.     Reviewer Comment (2019-03-05): Signed final 1003 provided in trailing documents


Seller Comment (2019-03-05): see attached final signed 1003
 03/05/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10750206 6000032245-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 05/17/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Disaster inspection not provided.     Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10750271 6000032245-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1065 (2015), 4506 or 4506-T (for Business) (2015), 4506 or 4506-T (for Business) (2016), K-1 (2015), Telephone Listing / Internet Search / Directory Assistance Documents are not provided for xxxx: 1065 (2015), 4506 or 4506-T (for Business) (2015), 4506 or 4506-T (for Business) (2016), K-1 (2015), Telephone Listing / Internet Search / Directory Assistance. Borrower has made 19 consecutive payments.

61% LTV		 Aggregator

Aggregator		 Reviewer Comment (2019-03-14): Client waived the missing 4506-T for the business based on LTV and payment history.


Reviewer Comment (2019-03-13): We are still missing 4506-T for xxxx. Exception remains.


Seller Comment (2019-03-13): see attached income documents including xxxx.


Reviewer Comment (2019-03-05): Exception remains for the income documentation for xxxx


Seller Comment (2019-03-05): see attached 4506t for 2016-2014.
     03/14/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10751543 6000032245-3126 02/21/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Compensation Disclosure not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10751575 6000032245-20305 02/21/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/S-Corp) 2016 tax return not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10751578 6000032245-20305 02/21/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/Partnership) 2016 tax return not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10751581 6000032245-20305 02/21/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/S-Corp) 2016 tax return not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10751583 6000032245-20305 02/21/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2014, Tax Return Due Date 03/15/2016. (xxxx/Partnership) 2015 and 2016 tax returns not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032245 xxxx 10752157 6000032245-4371 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 06/05/2017 disclosed a Closing Date that did not match the actual date of consummation. (Final/06/05/2017) Final CD reflects closing date as xx/xx/xxxx but notary date is xx/xx/xxxx. Post closing CD issued xx/xx/xxxx updates the closing date, however, a letter of explanation has not been provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032225 xxxx 10767273 6000032225-4371 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing Date reflected as xx/xx/xxxx on Final CD but notary date is xx/xx/xxxx.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032225 xxxx 10767274 6000032225-4824 02/22/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Section B Appraisal Fee captured as payable to Lender. Appraisal invoice was not provided.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other Good Faith Redisclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032225 xxxx 10767317 6000032225-25040 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5).               2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000032225 xxxx 10767371 6000032225-20305 02/22/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/Partnership) 2016 Tax Return not provided.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000032225 xxxx 10767372 6000032225-20305 02/22/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/Partnership) 2016 Tax Return not provided.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000032225 xxxx 10767373 6000032225-20305 02/22/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. (xxxx/Partnership) 2016 Tax Return not provided.             2 B xx/xx/xxxx CA Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000032107 xxxx 10740229 6000032107-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-05): Final 1003 provided in trailing documents


Seller Comment (2019-03-05): see attached final signed 1003
 03/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032107 xxxx 10740453 6000032107-855 02/20/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 07/15/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-08): Received duplicate copy of Desk Review. Post Disaster Inspection is required to clear exception.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032107 xxxx 10745729 6000032107-7038 02/21/2019 Compliance Compliance Federal Compliance 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. (Initial/08/08/2017) Evidence of earlier borrower receipt was not found in file.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10736211 6000032242-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-15): Received copy of the final 1003.


Seller Comment (2019-03-15): see attached final signed 1003 for both borrowers.
 03/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10755126 6000032242-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 09/02/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-08): Received a copy of BPO with a property inspection date of xx/xx/xxxx. Appraiser comments subject property exterior appears adequately maintained and is consistent with the neighborhood. There were no obvious defects or repairs required based on observation at time of inspection.


Reviewer Comment (2019-03-08): Received a copy of a Desk Review Appraisal Report. Does not include a recent property inspection. Unable to clear exception.
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10756075 6000032242-3126 02/21/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10756116 6000032242-19965 02/21/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Missing disclosure.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Good faith redisclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032242 xxxx 10756117 6000032242-20000 02/21/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Missing disclosure.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Good faith redisclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032242 xxxx 10756124 6000032242-3880 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $5,030.00 may be required. Missing Loan Estimate.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10805551 6000032242-3831 02/25/2019 Credit Credit Miscellaneous Credit Exception:   Missing 2nd appraisal required for cash out loans > $1,000,000. 64% LTV

784 qualifying FICO score.		 Aggregator

Aggregator		 Reviewer Comment (2019-03-11): Client acknowledged exception based on FICO score and LTV ratio.
     03/11/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032242 xxxx 10805552 6000032242-5404 02/25/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx VVOE - Employment Only
VVOE - Employment Only		   64% LTV

784 qualifying FICO score.		 Aggregator

Aggregator		 Reviewer Comment (2019-03-11): Client acknowledged exception based on FICO score and LTV ratio.
     03/11/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032228 xxxx 10741040 6000032228-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-05): Provided in trailing documents


Seller Comment (2019-03-05): see attached purchase contract
 03/05/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032244 xxxx 10739087 6000032244-2868 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-04): Received copy of the purchase agreement.


Seller Comment (2019-02-27): purchase contract
 03/04/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032244 xxxx 10775455 6000032244-4357 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Disclosure reflects loan will not allow for assumption, however Note reflects assumption language.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032244 xxxx 10775741 6000032244-4826 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for 10% tolerance violation $10.00 was not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032244 xxxx 10775743 6000032244-6543 02/22/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $175.00 exceeds tolerance of $150.00 plus 10% or $165.00. Insufficient or no cure was provided to the borrower. (0) $10.00 violation due to increase in Recording fee(s)).             2 B xx/xx/xxxx CA 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 A A Non QM Non QM Yes
xxxx 6000032244 xxxx 10805331 6000032244-5366 02/25/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 46.84420% exceeds Guideline total debt ratio of 45.00000%. Lender approved exception to allow DTI up to 47%. Guideline variance approved by lender at time of origination

770 representative FICO score > 680 guideline minimum		 Originator

Originator		 Reviewer Comment (2019-03-05): Lender exception approval in file based on borrower's credit history.


Seller Comment (2019-02-27): UW approval exception up to 47%
     03/05/2019 2 B xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032244 xxxx 10805412 6000032244-25029 02/25/2019 Compliance Compliance Federal Compliance 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 (2019-04-22): The expanded guidelines allow DTI up to 47%.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D B C B A A Non QM Non QM Yes
xxxx 6000032244 xxxx 10805413 6000032244-25034 02/25/2019 Compliance Compliance Federal Compliance 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 46.84420% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.)       Reviewer Comment (2019-04-22): The expanded guidelines allow DTI up to 47%.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032244 xxxx 10805414 6000032244-5695 02/25/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI exceeds guidelines maximum of 45%.     Reviewer Comment (2019-04-22): The expanded guidelines allow DTI up to 47%.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10761951 6000032106-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-05): Received sales contract.
 03/05/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10763620 6000032106-4436 02/22/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/11/27/2017)               2 B xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10763687 6000032106-3677 02/22/2019 Compliance Compliance Federal Compliance 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. Failure due to missing credit report.     Reviewer Comment (2019-03-06): Designation switched to ATR Risk
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status D B D B C B A A Non QM Non QM Yes
xxxx 6000032106 xxxx 10763688 6000032106-3309 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Credit History Ability to Repay (Dodd-Frank 2014): Unable to verify debt obligations using reasonably reliable third-party records. Failure due to missing credit report.     Reviewer Comment (2019-03-06): Credit report provided in trailing documents
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10763689 6000032106-4204 02/22/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Failure due to missing credit report.     Reviewer Comment (2019-03-06): Credit report provided in trailing documents
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10763692 6000032106-6411 02/22/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032106 xxxx 10883222 6000032106-2800 03/01/2019 Credit Credit Credit Documentation Missing Document: Credit Report not provided         Reviewer Comment (2019-03-06): Credit report dated 10/24/2017 provided in trailing documents


Seller Comment (2019-03-06): see attached credit report dated 10.24.17


Reviewer Comment (2019-03-05): Credit report provided is post close. Credit report is dated 1/23/18; note date is xx/xx/xxxx.


Seller Comment (2019-03-05): see attached credit report
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10883661 6000032106-5366 03/01/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 45.21379% exceeds Guideline total debt ratio of 45.00000%. Lender approved exception for DTI up to 47% which exceeds maximum allowed of 45%. Missing credit report so all debts may not have been included in calculation and DTI is subject to change. 782 representative FICO score > 700 guideline minimum

LTV ratio of 70% vs. guideline maximum of 75%.		 AMC

AMC		 Reviewer Comment (2019-03-11): Client acknowledged exception based on LTV ratio and FICO score.


Seller Comment (2019-03-08): The credit report was provided, did this clear the alleged DTI issue?
     03/11/2019 2 B xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10884347 6000032106-25034 03/01/2019 Compliance Compliance Federal Compliance 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 45.21379% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.)       Reviewer Comment (2019-03-06): Exception approved by lender
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10884354 6000032106-5695 03/01/2019 Compliance Compliance Federal Compliance 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 approved exception for DTI up to 47% which exceeds maximum allowed of 45%. Missing credit report so all debts may not have been included in calculation and DTI is subject to change.     Reviewer Comment (2019-03-13): Exception approved by Lender.


Seller Comment (2019-03-13): We provided credit report. Please review this condition and advise.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032106 xxxx 10961195 6000032106-25029 03/06/2019 Compliance Compliance Federal Compliance 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. Loan is designated ATR risk     Reviewer Comment (2019-04-22): The expanded guidelines allow DTI up to 47%.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D B C B A A Non QM Non QM Yes
xxxx 6000032219 xxxx 10735752 6000032219-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-05): Provided in trailing documents


Seller Comment (2019-03-05): see attached final signed 1003.
 03/05/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032219 xxxx 10757086 6000032219-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx Balance Sheet, P&L Statement
Balance Sheet, P&L Statement		 Missing 2017 YTD P&L and Balance sheets for all businesses.     Reviewer Comment (2019-03-05): Provided in trailing documents


Seller Comment (2019-03-05): see attached P&L and balance sheets for 2017.
 03/05/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032095 xxxx 10746839 6000032095-23385 02/21/2019 Credit System General Valuation address does not match Note address. Valuation Type: Desk Review / Valuation Report Date: 01/04/2018 Zip code on note: xxxx
Zip code on CDA: xxxx		     Reviewer Comment (2019-03-25): Received copy of the corrected desk review.


Seller Comment (2019-03-25): see attached desk review with zip code corrected to xxxx.
 03/25/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747766 6000032095-19966 02/21/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Application date: xx/xx/xxxx; Initial LE and Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM Yes
xxxx 6000032095 xxxx 10747767 6000032095-3126 02/21/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. LO Compensation disclosure not provided.             2 B xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747768 6000032095-19967 02/21/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Timing File does not evidence the consumer was provided with the Servicing Disclosure within 3 days of the loan application date. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM Yes
xxxx 6000032095 xxxx 10747770 6000032095-3136 02/21/2019 Compliance Compliance Federal Compliance 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. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747772 6000032095-3484 02/21/2019 Compliance Compliance State Compliance Colorado Home Loan (Tangible Net Benefit Disclosure Not Signed) Colorado Home Loan (HB1322): Tangible Net Benefit Disclosure (or similar document) not signed by borrower(s). CO- Tangible Net Benefit Disclosure was not signed by borrower.             2 B xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747773 6000032095-4357 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Note contains assumption language, however, the final closing disclosures states loan cannot be assumed.     Reviewer Comment (2019-02-27): Received Post Consummation disclosure and LOE exception has been cured.
   02/27/2019   2 B xx/xx/xxxx CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032095 xxxx 10747774 6000032095-4866 02/21/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747776 6000032095-3907 02/21/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Timing TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/xx/xx/xxxx) Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747778 6000032095-4916 02/21/2019 Compliance Compliance Federal Compliance TRID Service Provider Timing TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747782 6000032095-6305 02/21/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032095 xxxx 10747784 6000032095-6306 02/21/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower within three (3) days of application. Application date: xx/xx/xxxx; Initial Disclosure Date: xx/xx/xxxx             2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032195 xxxx 10747062 6000032195-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-22): Received a copy of the post disaster inspection dated xx/xx/xxxx showing no damage.
 03/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000032195 xxxx 10747345 6000032195-6297 02/21/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $10,123.57 and disclosure timing violations. E-signed disclosure not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032195 xxxx 10747352 6000032195-4613 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) Monthly amount reflects $83.88, however prepaid homeowner's insurance reflects $1000.00, should be $83.33.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032195 xxxx 10747353 6000032195-6582 02/21/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $375.00 exceeds tolerance of $175.00 plus 10% or $192.50. Sufficient or excess cure was provided to the borrower at Closing. (0)           02/21/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000032195 xxxx 10747354 6000032195-6305 02/21/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application.               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032195 xxxx 10803503 6000032195-23688 02/25/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI Coverage of $551,250 is insufficient to cover 80% of estimated cost to rebuild per the Appraisal of $747,545 resulting in a Coverage Shortfall of $47,786. Replacement cost from the insurer to determine Coverage amount of $551,250 is sufficient was not provided.     Reviewer Comment (2019-03-14): Replacement cost estimator provided.
 03/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000032195 xxxx 10803587 6000032195-6306 02/25/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower within three (3) days of application.               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032283 xxxx 10751559 6000032283-2788 02/21/2019 Compliance Compliance State Compliance Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice.               2 B xx/xx/xxxx CO Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
xxxx 6000032283 xxxx 10771810 6000032283-2798 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-05): Provided in trailing documents


Seller Comment (2019-03-05): see attached final signed 1003
 03/05/2019     1 A xx/xx/xxxx CO Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
xxxx 6000032283 xxxx 10774184 6000032283-2904 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Guarantor Agreement not provided         Reviewer Comment (2019-03-11): Guarantors on the loan also signed as individual borrowers.


Reviewer Comment (2019-03-05): Exception is for the guarantor agreement; grant deed provided.


Seller Comment (2019-03-05): see attached grant deed.
 03/11/2019     1 A xx/xx/xxxx CO Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
xxxx 6000032223 xxxx 10735913 6000032223-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-12): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-12): see attached final signed 1003.
 03/12/2019     1 A xx/xx/xxxx AZ Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032223 xxxx 10749351 6000032223-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only       Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): see attached VVOE
 03/08/2019     1 A xx/xx/xxxx AZ Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032223 xxxx 10749654 6000032223-6276 02/21/2019 Credit Assets Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution: xxxx Retirement Services / End Date: 09/30/2017 // Account Type: 401(k)/403(b) Account / Account Number: xxx Asset Account Date: 09/30/2017   50% LTV < 65 guideline max

776 representative FICO score > 680 guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-11): Client acknowledged exception based on LTV ratio and FICO score.
     03/11/2019 2 B xx/xx/xxxx AZ Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032223 xxxx 10750128 6000032223-1057 02/21/2019 Compliance Compliance Federal Compliance 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 appraisal disclosure provided 12/20/2017. Initial application date xx/xx/xxxx.             2 B xx/xx/xxxx AZ Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032194 xxxx 10736961 6000032194-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-06): Final 1003 provided in trailing documents


Seller Comment (2019-03-06): see attached final signed 1003
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10738245 6000032194-2868 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-06): purchase contract provided in trailing documents


Seller Comment (2019-03-06): see below condition, we provided the purchase contract.
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745064 6000032194-883 02/21/2019 Credit Credit Credit Documentation Purchase contract date not provided.   purchase/Sales Contract missing.     Reviewer Comment (2019-03-06): purchase contract provided in trailing documents


Seller Comment (2019-03-06): see attached purchase contract
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745069 6000032194-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 01/03/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745095 6000032194-22154 02/21/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date 01/24/2018, Transaction Date: xx/xx/xxxx Homeowner's Insurance effective eight (8) days after closing.     Reviewer Comment (2019-03-06): Effective date same as disbursement date


Seller Comment (2019-03-06): see attached PCCD, we funded 1.24.18
 03/06/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745890 6000032194-20780 02/21/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing. Final CD not provided.             2 B xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745891 6000032194-4809 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Initial/Final CD(s) not provided.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A B B A A Non QM Non QM No
xxxx 6000032194 xxxx 10745892 6000032194-3880 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. LE(s) not provided.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A B B A A Non QM Non QM No
xxxx 6000032282 xxxx 10751049 6000032282-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-06): purchase Agreement provided in trailing docs. Exception is clear.


Seller Comment (2019-03-06): see attached purchase contract
 03/06/2019     1 A xx/xx/xxxx CO Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032282 xxxx 10751055 6000032282-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached purchase contract
 03/07/2019     1 A xx/xx/xxxx CO Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032307 xxxx 10751290 6000032307-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-04): Received copy of the purchase contract.


Seller Comment (2019-02-27): purchase Agreement
 03/04/2019     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10753620 6000032307-20780 02/21/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing.       Reviewer Comment (2019-03-04): CD provided in trailing docs
 03/04/2019     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10753684 6000032307-20000 02/21/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Missing disclosure.     Reviewer Comment (2019-03-04): CD provided in trailing docs
 03/04/2019     1 A xx/xx/xxxx PA Primary Purchase Good faith redisclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032307 xxxx 10753685 6000032307-4809 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Missing CD.     Reviewer Comment (2019-03-04): CD provided in trailing docs


Seller Comment (2019-02-27): CD
 03/04/2019     1 A xx/xx/xxxx PA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10753686 6000032307-3880 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. Missing LE.     Reviewer Comment (2019-03-04): CD provided in trailing docs


Seller Comment (2019-02-27): LE
 03/04/2019     1 A xx/xx/xxxx PA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10793155 6000032307-4436 02/25/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)               2 B xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10793428 6000032307-23928 02/25/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-03-06): Visa provided in trailing docs. Exception is clear.


Seller Comment (2019-03-06): see attached visa and passport


Reviewer Comment (2019-03-04): A copy of the VISA was not provided.


Seller Comment (2019-02-27): Certificate of Alien
 03/06/2019     1 A xx/xx/xxxx PA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032307 xxxx 10920692 6000032307-4826 03/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Insufficient cure for tolerance violations     Reviewer Comment (2019-03-13): Cure was sufficient due to rounding
 03/13/2019     1 A xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032307 xxxx 10920693 6000032307-6411 03/04/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller's CD             2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032307 xxxx 10920695 6000032307-6542 03/04/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $5,380.07 exceeds tolerance of $1,874.00. Insufficient or no cure was provided to the borrower. (7200) Missing change of circumstance for increase in fee. No cure provided.     Reviewer Comment (2019-03-13): Cure was sufficient due to rounding


Seller Comment (2019-03-13): see attached COC for the changes on 3/12.


Reviewer Comment (2019-03-08): No documents or comments have been received. Exception remains open.
 03/13/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032307 xxxx 10920696 6000032307-6542 03/04/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $9,340.46 exceeds tolerance of $7,807.00. Insufficient or no cure was provided to the borrower. (8304) Lender provided cure of $1,533.10, however, $1,533.46 is required     Reviewer Comment (2019-03-13): Cure was sufficient due to rounding


Seller Comment (2019-03-13): We respectfully disagree. The lender cure of $1,533.10 at closing is correct. The LE dated 1/17 disclosed transfer taxes of $7,807 was due to rounding of $.36.


Reviewer Comment (2019-03-08): No documents or comments have been received. Exception remains open.
 03/13/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032307 xxxx 11050994 6000032307-6583 03/13/2019 Compliance Compliance Federal Compliance 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 $9,340.46 exceeds tolerance of $7,807.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) Sufficient cure provided by lender         03/13/2019   1 A xx/xx/xxxx PA Primary Purchase Final CD evidences Cure D B D A C B A A Non QM Non QM Yes
xxxx 6000032241 xxxx 10739542 6000032241-2798 02/20/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-06): Final 1003 provided in trailing documents


Seller Comment (2019-03-06): see attached final signed 1003
 03/06/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A C A N/A N/A No
xxxx 6000032241 xxxx 10745516 6000032241-3831 02/21/2019 Credit Credit Miscellaneous Credit Exception:   Approval indicates the borrower is to withdraw funds from xxxx ($410,000) Heloc and xxxx Heloc #XXXX ($500,000) Heloc's for down payment and funds to close. (LOE in file) Proof of receipt and new statement with new I/O payments and balances was not provided.     Reviewer Comment (2019-03-06): HELOC letter with payment provided


Seller Comment (2019-03-06): see attached heloc support documents
 03/06/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A C A N/A N/A No
xxxx 6000032241 xxxx 10748373 6000032241-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-04-17): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage.
 04/17/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A C A N/A N/A No
xxxx 6000032241 xxxx 10748759 6000032241-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Approval refers to a YTD P&L for the SCorp business (supported by the Business Bank Statements for 2017) and the Schedule C business.     Reviewer Comment (2019-03-06): P&L provided in trailing documents


Seller Comment (2019-03-06): see attached P&L statements
 03/06/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A C A N/A N/A No
xxxx 6000032241 xxxx 10795505 6000032241-25454 02/25/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-03-15): Received a Clear Capital desk review dated xx/xx/xxxx which provided a value of $XXXX, a 0.00% variance from the appraised value of $XXXX, value supported
 03/15/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A C A N/A N/A No
xxxx 6000032252 xxxx 10743957 6000032252-23928 02/21/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Verification is missing from file.     Reviewer Comment (2019-03-18): Fraud report dated xx/xx/xxxx states the borrower is a US Citizen. Exception has been cleared.


Seller Comment (2019-03-18): The borrower is a US citizen. Attached is fraud guard to match the final 1003.


Reviewer Comment (2019-03-14): Fraud report indicates the borrower is a permanent resident alien.


Seller Comment (2019-03-14): Per the final 1003 dated 2/3/18 borrower indicates he is a US citizen. Therefore resident alien card is not required.


Reviewer Comment (2019-03-06): SSA-89 Verification Summary provided. Borrower stated on the initial 1003 application he is a permanent resident alien and a US citizen on the Final 1003 application. Fraud report indicates the borrower is a permanent resident alien. Missing resident alien card. Exception remains.


Seller Comment (2019-03-06): see attached non-US citizenship status
 03/18/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B C B D B A A N/A N/A No
xxxx 6000032252 xxxx 10789956 6000032252-3222 02/25/2019 Credit Income / Employment Income Eligibility Employment/Income Error: Employment or Income source is unlikely to continue.   Missing Lease agreement for xxxx it's on the 2015 Schedule E but not on 2016 Schedule E used gross income amount listed on application REO Section of $235.51 @ 75%. 745 FICO vs. 740 guideline minimum Aggregator Reviewer Comment (2019-03-11): Client acknowledged exception based on FICO score.
     03/11/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B C B D B A A N/A N/A No
xxxx 6000032252 xxxx 10815922 6000032252-3495 02/26/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/03/21/2018) Appraisal provided 2/28/18, however, appraisal dated 3/21/18.             2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B C B D B A A N/A N/A No
xxxx 6000032252 xxxx 10815924 6000032252-20780 02/26/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing. Closing Disclosure not provided.     Reviewer Comment (2019-03-04): CD provided in trailing docs
 03/04/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B C B D B A A N/A N/A No
xxxx 6000032252 xxxx 10815927 6000032252-23860 02/26/2019 Compliance Compliance Federal Compliance Missing Closing Disclosure: No Document Used For Fee Testing Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable.       Reviewer Comment (2019-03-04): CD provided in trailing docs


Seller Comment (2019-02-27): CD
 03/04/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B C B D B A A N/A N/A No
xxxx 6000032272 xxxx 10742833 6000032272-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   No evidence of the Final 1003 provided.     Reviewer Comment (2019-03-06): Final 1003 provided in trailing documents


Seller Comment (2019-03-06): see attached final signed 1003.
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032272 xxxx 10750949 6000032272-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 12/27/2017
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared
 03/21/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032272 xxxx 10751020 6000032272-4245 02/21/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 65.00000% exceeds Guideline loan to value percentage of 60.00000%. Lender's UW allowed the 5% LTV exception based on criteria in the file. However, per the guidelines provided for Jumbo Prime Non-QM, this exception is not allowed for Cash Out, therefore, this loan exceeds the Max allowed of 60%. Guideline variance approved by lender at time of origination.

41 months reserves.		 Originator

Aggregator		 Reviewer Comment (2019-04-08): Lender approved exception at origination based on the borrower's reserve profile.
     04/08/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032272 xxxx 10751399 6000032272-5366 02/21/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 99.70189% exceeds Guideline total debt ratio of 45.00000%. The Lender used leases that are not for the borrower's other Investment Property located on xxxx. Two of the leases provided are for xxxx. No information provided that would justify using those leases. Omitting this income caused the DTI to exceed the max allowed.     Reviewer Comment (2019-04-15): Received verification of the property configuration; DTI re-calculated 44.53%.
 04/15/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032272 xxxx 10751657 6000032272-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement No evidence of a P&L provided and is required per guidelines.     Reviewer Comment (2019-03-06): P&L provided in trailing documents


Seller Comment (2019-03-06): see attached P&L
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032227 xxxx 10754854 6000032227-4809 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Only post close CD dated 06/06/18 was provided.     Reviewer Comment (2019-03-04): CD provided in trailing docs


Seller Comment (2019-02-27): CD
 03/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000032227 xxxx 10754856 6000032227-22050 02/21/2019 Compliance Compliance Federal Compliance Right of Rescission Timing - Receipt Date Missing Missing Final Closing Disclosure Received Date. Unable to determine compliance with rescission timing requirements. Missing final CD.     Reviewer Comment (2019-03-04): CD provided in trailing docs


Seller Comment (2019-02-27): CD
 03/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission C B A A C B A A Non QM Non QM Yes
xxxx 6000032227 xxxx 10918201 6000032227-4371 03/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD with closing date of xx/xx/xxxx was signed on xx/xx/xxxx             2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032227 xxxx 10918202 6000032227-24188 03/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $3,600.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Hazard insurance is not escrowed, but not included in the calculation for non-escrowed property costs     Reviewer Comment (2019-04-11): Lender cured on the PCCD dated xx/xx/xxxx.
   04/11/2019   2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032227 xxxx 10918260 6000032227-4404 03/04/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Total Interest Percentage calculation does not match final CD             2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032299 xxxx 10746529 6000032299-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-06): purchase agreement provided in closing documents


Seller Comment (2019-03-06): see attached purchase contract
 03/06/2019     1 A xx/xx/xxxx NV Second Home Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032299 xxxx 10755514 6000032299-25454 02/21/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-03-15): Received a Clear Capital desk review dated xx/xx/xxxx which provided a value of $125,000, a 0.00% variance from the appraised value of $125,000, value supported
 03/15/2019     1 A xx/xx/xxxx NV Second Home Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032299 xxxx 10755613 6000032299-6276 02/21/2019 Credit Assets Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution: The xxxx Group / End Date: 12/31/2017 // Account Type: Individual Retirement Account (IRA) / Account Number: xxx Asset Account Date: 12/31/2017       Reviewer Comment (2019-03-06): Assets not required for sufficient reserves
 03/06/2019     1 A xx/xx/xxxx NV Second Home Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032299 xxxx 10756371 6000032299-4371 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Notary Date of the Security Instrument is 4.13.18.     Reviewer Comment (2019-03-08): Received PCCD issued 6/04/2018 reflecting corrected Closing Date. Missing copy of Letter of Explanation sent to Borrower.
       2 B xx/xx/xxxx NV Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10757532 6000032299-4674 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Maximum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment (Maximum) for payment stream 4 that does not match the actual total payment for the loan. (ProjSeq:4/703578) Lender used a monthly tax payment of $40.51. Post CD shows property taxes at $114.58 per month.             2 B xx/xx/xxxx NV Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10757849 6000032299-4376 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Lender calculated finance charge is $101,108.33. Audit calculated finance charge is $101,258.33. Difference is -$150.00. Cure of $100.00 reflected on Final and Post CD     Reviewer Comment (2019-04-15): Received copy of the final CD.
 04/15/2019     1 A xx/xx/xxxx NV Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10757850 6000032299-4679 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected Principal And Interest Payment Max Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a maximum periodic principal and interest payment for payment stream 4 that does not match the actual maximum payment for the loan. (ProjSeq:4/703578) Lender used a monthly tax payment of $40.51. Post CD shows property taxes at $114.58 per month.             2 B xx/xx/xxxx NV Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10757861 6000032299-6411 02/21/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Lender did not provide a copy of the Seller's Closing Disclosure.             2 B xx/xx/xxxx NV Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10807743 6000032299-7115 02/26/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial escrow account deposit of $229.16 based on Post CD at $114.58 per month for real estate taxes.             2 B xx/xx/xxxx NV Second Home Purchase   D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10839451 6000032299-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 104.63% but calculated TIP is 108.80%. Used Index Value=2.708 per approval in file.     Reviewer Comment (2019-04-15): Received copy of the final CD.
 04/15/2019     1 A xx/xx/xxxx NV Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032299 xxxx 10839650 6000032299-22522 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total of Payments that does not match the actual total of payments for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure reflects Total of Payments of $XXXX and the actual total of payments for the loan are $XXXX.     Reviewer Comment (2019-04-15): Received copy of the final CD.
 04/15/2019     1 A xx/xx/xxxx NV Second Home 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 D B D A C B C A Non QM Non QM Yes
xxxx 6000032162 xxxx 10749605 6000032162-25454 02/21/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-03-15): Received a Clear Capital desk review dated xx/xx/xxxx which provided a value of $XXXX, a 0.00% variance from the appraised value of $XXXX, value supported
 03/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
xxxx 6000032162 xxxx 10752659 6000032162-4404 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD disclosed TIP of 111.481% and calculated TIP is 109.376%.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032162 xxxx 10752660 6000032162-4850 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD disclosed a change in Total Closing Costs, however, did not disclose the amount by which the change exceeded the legal limit.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032162 xxxx 10752661 6000032162-7038 02/21/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Closing Disclosed provided on xx/xx/xxxx was received on xx/xx/xxxx which is not at least 3 business days prior to closing date of xx/xx/xxxx.     Reviewer Comment (2019-03-12): Initial CD provided in trailing documents


Seller Comment (2019-03-12): Initial CD was dated 05/18/18. Borrower signed on 05/21/18 (see attached signed CD). Loan docs are dated xx/xx/xxx.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032162 xxxx 10752663 6000032162-6542 02/21/2019 Compliance Compliance Federal Compliance 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 $100.19 exceeds tolerance of $27.00. Insufficient or no cure was provided to the borrower. (7520) Binding LE disclosed a Credit Report Fee of $27 and Final CD disclosed $100.19. Cure for 0% tolerance violation was not provided.     Reviewer Comment (2019-03-25): Lender cured on xx/xx/xxxx by refunding the borrower $73.19. Received cop of the check, LOE, corrected CD, and proof of delivery.


Seller Comment (2019-03-25): see attached PCCD, COC, fed ex and delivery.
   03/25/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
xxxx 6000032162 xxxx 10808312 6000032162-5404 02/26/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Transcripts (2016), Transcripts (2017) 2016 and 2017 Tax Transcripts not provided. Guidelines requires if additional income from other sources is being fully documented for qualifying, in addition to Bank Statements Income, IRS Transcripts for the most recent two years individual tax returns must be provided at time of loan submission.     Seller Comment (2019-02-27): 2016 2017 Transcripts
 03/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
xxxx 6000032162 xxxx 10808364 6000032162-6516 02/26/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy AUS Findings: All conditions were not met   2016 and 2017 Tax Transcripts were not provided as required per guidelines.     Reviewer Comment (2019-03-04): transcripts in file


Seller Comment (2019-02-27): Please see previous conditions Transcripts uploaded.
 03/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
xxxx 6000032162 xxxx 10826092 6000032162-3831 02/26/2019 Credit Credit Miscellaneous Credit Exception:   Per guidelines for cash-out loans, two appraisals are required for loan amounts greater than $1,000,000. Subject transaction loan amount is $xxx and secondary valuation was not provided.     Reviewer Comment (2019-03-07): Confirmed with guidelines two Appraisals are required for Cash Out loan amount > $1,500,000. Exception has been cleared.


Seller Comment (2019-03-07): See attached guidelines dated 3/19/18, a second appraisal is not required on cash out for loan amounts > than $1,500,000.
 03/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
xxxx 6000032141 xxxx 10749093 6000032141-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached signed final 1003.
 03/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756878 6000032141-2651 02/21/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company Not Licensed at time of Application Unable to test LO company NMLS license due to missing information. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents


Seller Comment (2019-03-13): see attached initial signed and dated xx/xx/xxx. Please advise if this clears all 6 conditions.


Reviewer Comment (2019-03-07): Broker's application date has been been confirmed as xx/xx/xxx, however we are not able to determine the Lender's application date. Exception remains.


Seller Comment (2019-03-07): see attached disclosure tracking.
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756879 6000032141-2653 02/21/2019 Compliance Compliance Federal Compliance Federal Loan Originator Compensation - Individual LO Not NMLS Licensed at Time of Application Unable to test Loan Originator license due to missing information. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756880 6000032141-6507 02/21/2019 Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator License Status Not Approved Unable to test Individual Loan Originator license status due to missing information. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756881 6000032141-6508 02/21/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company License Status Not Approved Unable to test LO company status due to missing information. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756882 6000032141-6305 02/21/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents


Seller Comment (2019-03-13): The arm disclosure signed on 3/8/18, please advise what condition you are looking for.
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756883 6000032141-6306 02/21/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Evidence of Lender's application date not provided.     Reviewer Comment (2019-03-13): Application date provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756912 6000032141-3136 02/21/2019 Compliance Compliance Federal Compliance RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Creditor application and date are missing.     Reviewer Comment (2019-03-13): Application date provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032141 xxxx 10756913 6000032141-4371 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD reflects closing date as xx/xx/xxxx but notary date is xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032141 xxxx 10756915 6000032141-4824 02/21/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Paid to broker fees referenced on CD; no invoices provided to show pass through fees.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032246 xxxx 10820794 6000032246-5404 02/26/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement       Reviewer Comment (2019-03-07): Income docs received in trailing docs. Exception is clear.


Seller Comment (2019-03-07): see attached 2017 and 2018 P&L statements.
 03/07/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000032235 xxxx 10747032 6000032235-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): Contract was provided. Exception is clear.


Seller Comment (2019-03-07): see attached purchase contract.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032235 xxxx 10753515 6000032235-19965 02/21/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Disclosure is missing.     Reviewer Comment (2019-03-08): Disclosure provided. Exception is clear.


Seller Comment (2019-03-07): see attached right to receive appraisal.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase Good faith redisclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032235 xxxx 10753516 6000032235-20000 02/21/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Disclosure is missing.     Reviewer Comment (2019-03-08): Disclosure provided. Exception is clear.


Seller Comment (2019-03-07): see attached disclosure tracking.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase Good faith redisclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032235 xxxx 10753517 6000032235-4809 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Only post close CD dated 4/30/18 was provided.     Reviewer Comment (2019-03-08): Disclosure provided. Exception is clear.


Seller Comment (2019-03-07): see attached CD's.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032235 xxxx 10753518 6000032235-3880 02/21/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. Missing Loan Estimate.     Reviewer Comment (2019-03-08): Disclosure provided. Exception is clear.


Seller Comment (2019-03-07): see attached LE's.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032235 xxxx 10984178 6000032235-4371 03/08/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure reflects a closing date of xx/xx/xxxx; actual date of consummation is xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032235 xxxx 10984179 6000032235-6411 03/08/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure was not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032238 xxxx 10748703 6000032238-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): Contract was provided. Exception is clear.


Seller Comment (2019-03-07): see attached purchase contract.
 03/08/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032238 xxxx 10815037 6000032238-5404 02/26/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx P&L Statement
P&L Statement		       Reviewer Comment (2019-03-08): Income not used for qualification. Exception is clear.


Seller Comment (2019-03-07): See attached 1008 as this income was not considered in their income calculations per UW transmittal notes.
 03/08/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032296 xxxx 10762740 6000032296-3126 02/22/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. LO Compensation disclosure not evidenced in the loan file.             2 B xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10762873 6000032296-3677 02/22/2019 Compliance Compliance Federal Compliance 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. Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-12): K-1 and third party verification provided. Exception has been cleared.


Reviewer Comment (2019-03-12): Missing third party verification of employment for xxxx and xxxx. Also missing 2017 K-1 for xxxx


Seller Comment (2019-03-12): We provided both K1's in the condition noted below.
 03/12/2019     1 A xx/xx/xxxx NC Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
xxxx 6000032296 xxxx 10762874 6000032296-4204 02/22/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-12): K-1 and third party verification provided. Exception has been cleared.
 03/12/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10762888 6000032296-2798 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Received Final 1003.


Seller Comment (2019-03-07): duplicate condition.


Seller Comment (2019-03-07): see attached final signed 1003
 03/08/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10763486 6000032296-1223 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - K-1 Less 25% Ability-to-Repay (Dodd-Frank 2014): Unable to verify current K-1 (Less than 25% Ownership) status using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-08): KIs provided. Exception is clear.


Seller Comment (2019-03-07): see attached K1st for xxxx.


Seller Comment (2019-03-07): see attached K1st for xxxx.
 03/08/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10763487 6000032296-1223 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - K-1 Less 25% Ability-to-Repay (Dodd-Frank 2014): Unable to verify current K-1 (Less than 25% Ownership) status using reasonably reliable third-party records. (xxxx./Schedule K-1 less than 25 Percent) Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-12): K-1 and third party verification provided. Exception has been cleared.


Seller Comment (2019-03-12): We respectfully disagree. The K1's for both entities are in file showing <25% ownership. See attached.
 03/12/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10763488 6000032296-1231 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - K-1 Less 25% Ability to Repay (Dodd-Frank 2014): Unable to verify K-1 (Less than 25% Ownership) income using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-12): K-1 and third party verification provided. Exception has been cleared.


Seller Comment (2019-03-12): We provided both K1's for xxxx and xxxx.
 03/12/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10763489 6000032296-1231 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - K-1 Less 25% Ability to Repay (Dodd-Frank 2014): Unable to verify K-1 (Less than 25% Ownership) income using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Insufficient employment and income verification evidenced in the loan file for xxxx and xxxx.     Reviewer Comment (2019-03-12): K-1 and third party verification provided. Exception has been cleared.


Seller Comment (2019-03-12): duplicate condition.
 03/12/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10812307 6000032296-3495 02/26/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/04/24/2018) Valuation reflects an Effective Date of xx/xx/xxxx was signed on xx/xx/xxx and was provided to borrower on 04/09/18, which is prior to Effective Date of Valuation.             2 B xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032296 xxxx 10812731 6000032296-7083 02/26/2019 Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing Irregular Transactions TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on 04/27/2018 contains a change in APR, loan product or addition of prepayment penalty and was not received by borrower at least three (3) business days prior to consummation CD provided on xx/xx/xxxx, and was received by borrower on xx/xx/xxxx, which is not at least 3 business days prior to the consummation date of xx/xx/xxxx.     Reviewer Comment (2019-03-08): Input error. Corrected product type for CD issued xx/xx/xxxx. Exception Cleared.


Seller Comment (2019-03-07): see attached disclosure initial CD's sent and reviewed by xx/xx/xxxx.
.
 03/08/2019     1 A xx/xx/xxxx NC Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032305 xxxx 10758171 6000032305-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): Received purchase Agreement. Exception Cleared.


Seller Comment (2019-03-07): see attached purchase contract
 03/08/2019     1 A xx/xx/xxxx PA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032115 xxxx 10747643 6000032115-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Received copy of the final 1003.


Seller Comment (2019-03-07): see attached final signed 1003.
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 10756804 6000032115-2808 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-03-08): Received copy of the approval.


Seller Comment (2019-03-07): see attached LAS.
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 10758456 6000032115-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 10769820 6000032115-25158 02/22/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-03-08): Received copy of the rate lock.


Seller Comment (2019-03-07): see attached rate lock.
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 10769821 6000032115-3126 02/22/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 10769822 6000032115-4371 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date of xx/xx/xxxx that does not match the actual date of consummation of xx/xx/xxxx. (Security Instrument Notary Date).             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032115 xxxx 10770122 6000032115-4404 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 110.839% but calculated TIP is 108.738%. Unable to determine index value used by lender. Used Index Value = 2.780% for testing.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032115 xxxx 10814425 6000032115-4850 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for various 0% and 10% tolerance violations $356.10 was not provided.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032115 xxxx 10814426 6000032115-6542 02/26/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-03-12): Received copy of the valid change of circumstance.


Seller Comment (2019-03-12): See attached COC dated 05/09/18 which is within three days of becoming aware.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032115 xxxx 10814431 6000032115-6543 02/26/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,009.00 exceeds tolerance of $1,639.00 plus 10% or $1,802.90. Insufficient or no cure was provided to the borrower. (0) $206.10 violation due to increase in (Title fee(s)).     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated xx/xx/xxxx by disclosing the actual recording fee of $156 as documented by the settlement statement.
   04/08/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032115 xxxx 11035488 6000032115-23897 03/12/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Missing evidence of electronic receipt of the final LE.     Reviewer Comment (2019-03-18): Received evidence of earlier delivery.
 03/18/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032115 xxxx 11035490 6000032115-3988 03/12/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Missing evidence of electronic receipt of the final LE.     Reviewer Comment (2019-03-18): Received evidence of earlier delivery.


Seller Comment (2019-03-18): see attached LE and disclosure tracking ,supports timing before close.
 03/18/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032267 xxxx 10812123 6000032267-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached final signed 1003.
 03/07/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000032267 xxxx 10825104 6000032267-4245 02/26/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. Lender approved exception for 75% LTV. Borrower has employment stability for 20 years in the field.

767 vs. guideline of 740		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and employment history.


Reviewer Comment (2019-03-07): Lender approved Tier 1 exception. Exception is referred to client for review and disposition.


Seller Comment (2019-03-07): see attached LAS with exception for LTV signed by approved VP UW manager.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000032267 xxxx 10825107 6000032267-4246 02/26/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. Lender approved exception for 75% CLTV. Borrower has employment stability for 20 years in the field.

767 vs. guideline of 740		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and employment history.


Reviewer Comment (2019-03-07): Lender approved Tier 1 exception. Exception is referred to client for review and disposition.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
xxxx 6000032191 xxxx 10754779 6000032191-4371 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD reflects Closing date of xx/xx/xxxx however, Consummation date is xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755303 6000032191-25507 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 38,685.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final CD reflects Escrowed Costs over Year 1 of $38,685.00 however, Calculated Amount is $30,033.12 due to incorrect Hazard Insurance escrow payment. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): hello, we provided the PCCD, would you review and advise if this cleared.


Reviewer Comment (2019-03-19): LOE sent with the PCCD was not provided.


Seller Comment (2019-03-19): see PCCD dated 6/29 amount escrowed over one year is $34,113.12. Hazard is $340.00
   03/21/2019   2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755304 6000032191-4673 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/703633) Final CD reflects Escrow Payment amount of $3223.75 however, calculated amount is $2842.76. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see attached fed ex, PCCD and COC.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755305 6000032191-4673 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/703634) Final CD reflects Escrow Payment amount of $3223.75 however, calculated amount is $2842.76. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): we provided the PCCD and COC, with fed ex, would you review and advise if this also cleared.


Reviewer Comment (2019-03-19): Missing the LOE and proof of delivery for the PCCD.


Seller Comment (2019-03-19): see attached PCCD dated 6/29, stream 2 reads $2842.76 and hazard is $340.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755307 6000032191-4673 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/703635) Final CD reflects Escrow Payment amount of $3223.75 however, calculated amount is $2842.76. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label.


Reviewer Comment (2019-03-19): Missing the LOE and proof of delivery for the PCCD.


Seller Comment (2019-03-19): see previous condition, we provided the PCCD.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755308 6000032191-4673 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/703636) Final CD reflects Escrow Payment amount of $3223.75 however, calculated amount is $2842.76. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label.


Reviewer Comment (2019-03-19): Missing the LOE and proof of delivery for the PCCD.


Seller Comment (2019-03-19): duplicate condition, please clear.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755309 6000032191-4675 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/703633) Final CD reflects Total Payment amount of $13429.23 however, calculated amount is $13,048.24. Post Closing CD dated xx/xx/xxxx corrects Hazard Insurance escrow amount from $720.99 to verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label.


Reviewer Comment (2019-03-19): Missing the LOE and proof of delivery for the PCCD.


Seller Comment (2019-03-19): see PCCD dated 6/29, the payment reads 13,048.24. thanks.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755310 6000032191-4890 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/703634) Final CD reflects incorrect Total Payment for Payment Stream 2 due to Hazard Insurance escrow payment of $720.99 not matching verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label.


Reviewer Comment (2019-03-19): Missing the LOE and proof of delivery for the PCCD.


Seller Comment (2019-03-19): duplicate condition.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755311 6000032191-4890 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/703635) Final CD reflects incorrect Total Payment for Payment Stream 3 due to Hazard Insurance escrow payment of $720.99 not matching verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label, PCCD and COC.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10755312 6000032191-4890 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/703636) Final CD reflects incorrect Total Payment for Payment Stream 4 due to Hazard Insurance escrow payment of $720.99 not matching verified amount of $340.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD.


Seller Comment (2019-03-21): see previous condition, provided fed ex label, PCCD and COC.
   03/21/2019   2 B xx/xx/xxxx CA Primary 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 B C B A A Non QM Non QM Yes
xxxx 6000032191 xxxx 10818029 6000032191-4245 02/26/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 74.38776% exceeds Guideline loan to value percentage of 70.00000%. Per Alt Guidelines max LTV for loan amounts from $1,500,001 to $2,500,000 is 70%. Subject loan amount was xxx with a 75% LTV. 3.36% DTI Originator Reviewer Comment (2019-03-08): Lender approved at origination based on a 3% DTI.


Seller Comment (2019-03-07): See attached LAS with approval for exception of LTV (pg 3-4).
     03/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10754137 6000032093-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The Broker's Final 1003 was not provided in file.     Reviewer Comment (2019-03-07): Final signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached final signed 1003
 03/07/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10756340 6000032093-5791 02/21/2019 Compliance Compliance Federal Compliance Federal FACTA Disclosure Timing Test FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. There was no confirmation in file confirming the FACTA disclosure was provided within 3 days of the loan application.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10756341 6000032093-6305 02/21/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. There is no evidence in file confirming the ARM disclosure was provided within 3 days of loan application.     Reviewer Comment (2019-03-13): Documentation provided. Exception has been cleared.


Seller Comment (2019-03-13): see attached arm disclosure dated 4/17.


Reviewer Comment (2019-03-07): Disclosure tracking provided which indication the borrower was provided a copy of the ARM disclosure on 4/25/18, however the application date is 4/13/18. Exception remains.


Seller Comment (2019-03-07): see disclosure tracking to support.
 03/13/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10756400 6000032093-4404 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD reflects TIP as 111.449% but calculated is 109.345%. Indexed used at 2.765%, per approval.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032093 xxxx 10756401 6000032093-4850 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) There were several violations to fee tolerances and the final CD did not disclose a dollar amount by which the total closing costs exceeded the legal limit.     Reviewer Comment (2019-03-13): Received copy of the SSPL.
 03/13/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032093 xxxx 10756403 6000032093-6340 02/21/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. There was no evidence found in file that the SSPL was provided to the Borrower.     Reviewer Comment (2019-03-13): Received copy of the SSPL.
 03/13/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10756404 6000032093-6542 02/21/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $80.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77163) The Title - Abstract/Title Search fee increased with no valid changed circumstance or cure provided to Borrower. SSPL not provided to verify if borrower picked service provider.     Reviewer Comment (2019-03-13): Received copy of the SSPL.


Seller Comment (2019-03-13): See attached SSPL. Fees are in block “C” Services you can shop for – fees can change unlimited
 03/13/2019     1 A xx/xx/xxxx NY 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 A C B A A Non QM Non QM Yes
xxxx 6000032093 xxxx 10816225 6000032093-2802 02/26/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003   The Lender's Initial 1003 was missing from file but the Creditor Application Date was confirmed through alternate documentation in file.     Reviewer Comment (2019-03-07): Exception has been cleared.
 03/07/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10825501 6000032093-3126 02/26/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Unable to determine what the Broker's compensation was based upon due to missing disclosure.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10825502 6000032093-1330 02/26/2019 Compliance Compliance Federal Compliance 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. Documentation was provided in file where Borrower confirmed they received the disclosure, however, a copy of the disclosure was not provided to confirm compliance listing at least 10 agencies.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10825503 6000032093-6302 02/26/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. Copies of the CHARM Booklet were provided in file, however, there was no confirmation found as to when or if the disclosure was provided to the Borrower.     Reviewer Comment (2019-03-07): Date received provided. Exception has been cleared.


Seller Comment (2019-03-07): see ARM and charm booklet received e-signed by borrower. page 4 indicates the Charm and e-signatures. we also provided the disclosure tracking in the previous condition.
 03/07/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 10826698 6000032093-25507 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 8,200.72 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The estimated escrow payment of $745.52 calculated over a 1 year period is a total of $8946.24 versus the figure disclosed on the final CD.     Reviewer Comment (2019-03-13): PCCD corrected insurance amount to $216.08/month


Seller Comment (2019-03-13): We respectfully disagree with this condition.
The calculations are as follows:
$745.52 x 11months = $8,200.72, this is calculated from the 1st payment date.

Therefore the correct actual amount of estimated property costs is $8,200.72
   03/13/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032093 xxxx 10826699 6000032093-4673 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/703851) The evidence of insurance in file discloses an annual premium of $2593 which calculates to a monthly expense of $216.08 versus the figure disclosed on the final CD of $216.     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated 03/13/2019 by correcting the payment stream.
   04/08/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other 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
xxxx 6000032093 xxxx 10826700 6000032093-4673 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/703852) The evidence of insurance in file discloses an annual premium of $2593 which calculates to a monthly expense of $216.08 versus the figure disclosed on the final CD of $216.     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated 03/13/2019 by correcting the payment stream.
   04/08/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other 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
xxxx 6000032093 xxxx 10826701 6000032093-4673 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/703853) The evidence of insurance in file discloses an annual premium of $2593 which calculates to a monthly expense of $216.08 versus the figure disclosed on the final CD of $216.     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated 03/13/2019 by correcting the payment stream.
   04/08/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other 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
xxxx 6000032093 xxxx 10826702 6000032093-4673 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/703854) The evidence of insurance in file discloses an annual premium of $2593 which calculates to a monthly expense of $216.08 versus the figure disclosed on the final CD of $216.     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated 03/13/2019 by correcting the payment stream.
   04/08/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other 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
xxxx 6000032093 xxxx 10826703 6000032093-4675 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/703851) The evidence of insurance in file discloses an annual premium of $2593 which calculates to a monthly expense of $216.08 versus the figure disclosed on the final CD of $216.     Reviewer Comment (2019-04-08): Lender cured on the PCCD dated 03/13/2019 by correcting the payment stream.
   04/08/2019   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other 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
xxxx 6000032093 xxxx 10826704 6000032093-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - SubEscrow Fee. Fee Amount of $100.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77185) The $100 escrow fee disclosed on the final CD was not originally disclosed on the Loan Estimate issued to the Borrower. There was no valid changed circumstance in file or cure provided to the Borrower. SSPL not provided to verify if borrower picked service provider.     Reviewer Comment (2019-03-13): Received copy of the SSPL.


Seller Comment (2019-03-13): we provided the SSPL, fees are in block C, these are services you can shop for, fees can change unlimitedly.
 03/13/2019     1 A xx/xx/xxxx NY 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 A C B A A Non QM Non QM Yes
xxxx 6000032093 xxxx 10979968 6000032093-6306 03/07/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower within three (3) days of application. New Exception. Borrower was provided the CHARM booklet on 4/25/18 however the application date is 4/13/18.     Reviewer Comment (2019-03-13): Documentation provided. Exception has been cleared.


Seller Comment (2019-03-13): see attached arm disclosure, charm is noted on page 2.
 03/13/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032093 xxxx 11056931 6000032093-1048 03/13/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - Anti-Steering Disclosure Not Provided: Unable to determine Anti-Steering compliance/Safe Harbor Loan Originator Compensation: Anti-Steering - Unable to determine Safe Harbor due to Anti-Steering Disclosure not provided to borrower. New Exception. Missing Anti-Steering Disclosure.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032182 xxxx 10773816 6000032182-3495 02/22/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Date valuation provided to applicant is prior to the date when valuation was performed. Lender correspondence confirmed the valuation was mailed on 2/28/2018             2 B xx/xx/xxxx NV Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000032182 xxxx 10773817 6000032182-25579 02/22/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Only 1 Valuation report in the file. However it appears there were multiple completed.             2 B xx/xx/xxxx NV Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000032182 xxxx 10773818 6000032182-25158 02/22/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock disclosure form not provided             2 B xx/xx/xxxx NV Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000032182 xxxx 10773819 6000032182-4371 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing date is xx/xx/xxxx.             2 B xx/xx/xxxx NV Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
xxxx 6000032182 xxxx 10818625 6000032182-22166 02/26/2019 Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx Appraisal Effective date 2/20/2018-Date of Signature xx/xxx/xxx - Appraisers Effective date xx/xx/xxxx     Reviewer Comment (2019-03-14): Documentation provided. Exception has been cleared.


Seller Comment (2019-03-14): see attached RE appraiser license search, it was issued in 2008.


Reviewer Comment (2019-03-13): Appraiser license was not effective until 05/01/2018, however appraisal effective date is xx/xx/xxxx


Seller Comment (2019-03-13): see attached appraisal last page shows license expires 4/30/2020.
 03/14/2019     1 A xx/xx/xxxx NV Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000032182 xxxx 10820340 6000032182-4245 02/26/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. The loan approval disclosed a Lender Exception for LTV from program Max of 75% Guideline variance approved by lender at time of origination

12.39% DTI		 Originator

Originator		 Reviewer Comment (2019-03-08): Lender approved exception based on 12% DTI.


Seller Comment (2019-03-07): see attached LAS with LTV exception approval.
     03/08/2019 2 B xx/xx/xxxx NV Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000032257 xxxx 10751441 6000032257-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): Received copy of the purchase contract.
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032257 xxxx 10758479 6000032257-4371 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of 02/25/18, but transaction consummation (mortgage notary) date was xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B A A Non QM Non QM Yes
xxxx 6000032257 xxxx 10758480 6000032257-4404 02/21/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 103.826% but calculated TIP is 101.758%. Used Index Value = 2.77% per Rate Lock document in file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B A A Non QM Non QM Yes
xxxx 6000032269 xxxx 10750162 6000032269-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Received copy of the final 1003.
 03/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032269 xxxx 10767964 6000032269-20780 02/22/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing. Missing CD.     Reviewer Comment (2019-03-13): CDs provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032269 xxxx 10767966 6000032269-22050 02/22/2019 Compliance Compliance Federal Compliance Right of Rescission Timing - Receipt Date Missing Missing Final Closing Disclosure Received Date. Unable to determine compliance with rescission timing requirements. Missing CD.     Reviewer Comment (2019-03-13): CDs provided in trailing documents


Seller Comment (2019-03-13): Receipt of initial CD is required, not final CD although the CDs can be validated with the disclosure tracking
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission C B C A C B A A Non QM Non QM Yes
xxxx 6000032269 xxxx 10767995 6000032269-4809 02/22/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Missing CD.     Reviewer Comment (2019-03-13): CDs provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032269 xxxx 10767996 6000032269-3880 02/22/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. Missing LE.     Reviewer Comment (2019-03-08): Received copy of the LE.


Seller Comment (2019-03-07): see attached LE's. .
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032269 xxxx 11057234 6000032269-4404 03/13/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Total Interest Percentage is over disclosed on final CD. Maximum index rate was used             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032222 xxxx 10755884 6000032222-5366 02/21/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 51.25539% exceeds Guideline total debt ratio of 45.00000%. DTI increased to 53.31% due to incorrect REO/Negative cash flow calculations used at origination. Audit utilized 2016/2017 Schedule E/Tax returns.     Reviewer Comment (2019-03-08): Adjusted rental calculation to reflect guidelines


Seller Comment (2019-03-08): We respectfully disagree. The rental income was calculated based on xxxx guidelines. Per guidelines: For properties listed on the borrowers 1040 Schedule E, rental income should calculated as the sum of the net income or loss + Depreciation. see attached guidelines.
 03/08/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032222 xxxx 10756028 6000032222-17814 02/21/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   The file is missing a final 1003 executed by the borrower; final 1003 provided in file is not signed.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): see attached final signed 1003.
 03/07/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032222 xxxx 10756166 6000032222-5404 02/21/2019 Credit Income / Employment Income Documentation Income Docs Missing:   The file is missing evidence of escrow (mortgage statement), taxes and insurance, and lease agreements for all REO reflected on schedule E, as required to calculate an accurate REO cash flow.     Reviewer Comment (2019-03-08): Not required for calculation


Seller Comment (2019-03-08): We respectfully disagree. The rental income was calculated based on BOC guidelines. Based on guides “For properties listed on the borrowers 1040 Schedule E, rental income should calculated as the sum of the net income or loss + Depreciation”. The 1040s were used; therefore, additional documentation is not needed. guidelines were attached in previous condition.
 03/08/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032171 xxxx 10752567 6000032171-2883 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided         Reviewer Comment (2019-03-08): Taxes verified. Exception has been cleared.


Seller Comment (2019-03-07): see attached prelim and final title policy, taxes were paid and final title shows no taxes due.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032171 xxxx 10752951 6000032171-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): purchase contract provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached purchase contract
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032171 xxxx 10765293 6000032171-3126 02/22/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. The file is missing documentation to verify the Loan Originator Compensation was not based on a term of the transaction.             2 B xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032171 xxxx 10765298 6000032171-4404 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 111.083% but calculated TIP is (108.983%), which is outside of .003% tolerance. Indexed used 2.765%.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B A A Non QM Non QM Yes
xxxx 6000032171 xxxx 10765299 6000032171-3879 02/22/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. The file is missing evidence of when disclosure was provided.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A B B A A Non QM Non QM No
xxxx 6000032171 xxxx 10830351 6000032171-1330 02/27/2019 Compliance Compliance Federal Compliance 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. The file is missing a copy of the List of Homeownership Counseling Organizations Disclosure with 10 Agencies listed.             2 B xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032226 xxxx 10759115 6000032226-2842 02/21/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided   Missing the Hazard Insurance Policy.     Reviewer Comment (2019-03-08): Received copy of the hazard dec page.


Seller Comment (2019-03-08): see attached hazard insurance policy.
 03/08/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032226 xxxx 10759156 6000032226-855 02/21/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Missing the FEMA Disaster Inspection for xxxx after declared end date of xx/xx/xxxx.     Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032226 xxxx 10826332 6000032226-4702 02/26/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation. Financial Institution: xxxx / End Date: 0xx/xx/xxxx // Account Type: Checking / Account Number: xxx Missing 1 month's statement for account identified as $282,615.75. Borrower has employment stability for 38 years in the field.

108 months reserves > 24 months guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves and employment history.


Reviewer Comment (2019-03-08): Only 1 month statement provided; statement in trailing is the statement already in file.


Seller Comment (2019-03-08): see attached bank statement with First Bank $282,615.75.
     03/12/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032308 xxxx 10763820 6000032308-4826 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Missing dollar amount by which total closing costs exceeded legal limit. Post closing CD reflects cure of $18.82.     Reviewer Comment (2019-02-27): Cure was reflected on PCCD issued xx/xx/xxxx. Exception cured.
   02/27/2019   2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032308 xxxx 10763821 6000032308-6545 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $63.82 exceeds tolerance of $45.00. Sufficient or excess cure was provided to the borrower. (7520) Credit report fee increased from $45.00 to $65.82. Post closing CD reflects cure of $18.82. Letter of explanation and copy of refund check also provided. However, missing verification of borrower receipt.             2 B xx/xx/xxxx PA Primary Purchase   C B C A B B A A Non QM Non QM Yes
xxxx 6000032308 xxxx 10763921 6000032308-20305 02/22/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule C) 2017 Tax Return extension in file.             2 B xx/xx/xxxx PA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032308 xxxx 10763922 6000032308-20305 02/22/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule C) 2017 Tax Return extension in file.             2 B xx/xx/xxxx PA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032308 xxxx 10764983 6000032308-6411 02/22/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller CD not provided.             2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032308 xxxx 10765028 6000032308-3831 02/22/2019 Credit Credit Miscellaneous Credit Exception:   Missing documentation of homeowners insurance for property at xxxx.     Reviewer Comment (2019-03-11): Documentation provided. Exception is clear.


Seller Comment (2019-03-08): Property at xxxx mortgage statement shows escrows are included. See attached mortgage statement.
 03/11/2019     1 A xx/xx/xxxx PA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032308 xxxx 10765212 6000032308-5404 02/22/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Missing P&L statements for both businesses for 2017 and 2018.     Reviewer Comment (2019-03-11): Documentation was provided. Exception is clear.


Seller Comment (2019-03-08): see attached P&L statements.
 03/11/2019     1 A xx/xx/xxxx PA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032125 xxxx 10758711 6000032125-2868 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): Received copy of the purchase contract.


Seller Comment (2019-03-08): see attached purchase contract
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032125 xxxx 10766444 6000032125-855 02/22/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): PDI provided, no damages. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032125 xxxx 10767328 6000032125-4890 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 06/08/2018 disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/704873) The final CD payment stream 2 reflects a minimum payment of $4,019.00; however, the re-calculated minimum payment is $4,130.00.     Reviewer Comment (2019-04-15): Lender cured by corrected the CD on xx/xx/xxxx; received evidence of delivery.


Reviewer Comment (2019-03-18): Received PCCD issued xx/xx/xxxx correcting the P&I payment stream along with a LOX. Missing evidence of delivery.
   04/15/2019   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D A C B A A Non QM Non QM Yes
xxxx 6000032125 xxxx 10767329 6000032125-4890 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 06/08/2018 disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/704874) The final CD payment stream 3 reflects a minimum payment of $4,019.00; however, the re-calculated minimum payment is $4,023.00.     Reviewer Comment (2019-04-16): Lender cured by corrected the CD on xx/xx/xxxx; received evidence of delivery.


Reviewer Comment (2019-03-18): Received PCCD issued xx/xx/xxxx correcting the P&I payment stream along with a LOX. Missing evidence of delivery.
   04/16/2019   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D A C B A A Non QM Non QM Yes
xxxx 6000032125 xxxx 10767330 6000032125-4890 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 06/08/2018 disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/704875) The final CD payment stream 4 reflects a minimum payment of $4,019.00; however, the re-calculated minimum payment is $4,023.00.     Reviewer Comment (2019-04-16): Lender cured by corrected the CD on xx/xx/xxxx; received evidence of delivery.


Reviewer Comment (2019-03-18): Received PCCD issued xx/xx/xxxx correcting the P&I payment stream along with a LOX. Missing evidence of delivery.
   04/16/2019   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D A C B A A Non QM Non QM Yes
xxxx 6000032125 xxxx 10767331 6000032125-4399 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Deposit TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on 06/08/2018 disclosed a Deposit that does not match the Deposit from the Calculating Cash to Close table. (Final/06/08/2018) The deposit was not listed on the CD correctly.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032125 xxxx 10767332 6000032125-6411 02/22/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/06/08/2018) The seller's CD was not included in the file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032125 xxxx 10835649 6000032125-883 02/27/2019 Credit Credit Credit Documentation Purchase contract date not provided.   purchase/Sales Contract missing.     Reviewer Comment (2019-03-08): Received copy of the purchase contract.


Seller Comment (2019-03-08): provided in previous condition.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032125 xxxx 10836248 6000032125-25580 02/27/2019 Compliance Compliance Federal Compliance ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/06/11/2018) Missing evidence of the date on which the updated appraisal was provided to the Borrower.             2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10756708 6000032251-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.


Seller Comment (2019-03-08): see attached final signed 1003
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10764612 6000032251-22154 02/22/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date 06/07/2018, Transaction Date: xx/xx/xxxx Consummation date xx/xx/xxxx, HOI issued two days after consummation.     Reviewer Comment (2019-03-11): PCCD provided with a disbursement date of 6/07/18. Exception has been cleared.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10764951 6000032251-855 02/22/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Loan closed on xx/xx/xxxx. Disaster declaration from 11/12/18 to 11/26/18. There is no post-disaster inspection evidenced in the loan file.     Reviewer Comment (2019-03-25): Received a copy of the post disaster inspection dated 0xx/xx/xxxx showing no damage.
 03/25/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10766009 6000032251-6297 02/22/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $8,972.50 and disclosure timing violations. E-sign disclosure was not evidenced in the loan file. The earliest dated LE, dated 5/14/18, was electronically signed. All fees will have a baseline of $0.00.     Reviewer Comment (2019-03-11): Received copy of the e-consent disclosure.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10766010 6000032251-25503 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 40,084.88 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Monthly taxes used at approval were $3,472.75; Monthly taxes used in audit $3,776.04, as annually, this is 1.25% of the purchase price.     Reviewer Comment (2019-03-26): Lender cured on the PCCD dated 0xx/xx/xxxx.


Seller Comment (2019-03-25): see attached PCCD with taxes as $3,644.34.


Reviewer Comment (2019-03-19): Final CD disclosed costs of $3,644.08; calculated costs are $3,644.34


Seller Comment (2019-03-19): The tax rate is 1.149687 - see tax roll
   03/26/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032251 xxxx 10766011 6000032251-7038 02/22/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Earliest CD dated xx/xx/xxxx, with no evidence of electronic delivery. Therefore, assumed to be received by the borrowers on xx/xx/xxxx via the mail. The loan closed on xx/xx/xxxx.     Reviewer Comment (2019-03-11): Received evidence of electronic receipt of the initial CD.


Seller Comment (2019-03-08): provided disclosure tracking in the e-sign condition.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10766012 6000032251-3988 02/22/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) LE issued on 5/30/18, with no evidence of electronic delivery. Therefore, it was assumed to be received by the borrowers on 6/2/18 via the mail. The loan closed on xx/xx/xxxx.     Reviewer Comment (2019-03-19): Received evidence of electronic delivery of the final LE.


Seller Comment (2019-03-19): please see econsent sent in other conditions to clear this finding
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10766014 6000032251-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) This fee was listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for this fee is $0.00.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10766015 6000032251-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) This fee was listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for this fee is $0.00.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10766016 6000032251-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507) This fee was listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for this fee is $0.00.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10766017 6000032251-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) This fee was listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for this fee is $0.00.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10766018 6000032251-6542 02/22/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $185.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) This fee was listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for this fee is $0.00.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10766653 6000032251-4826 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD indicated the loan did not exceed the limit by any amount. Multiple fees were listed on the 5/14/18 LE. The LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for these fees is $0.00.     Reviewer Comment (2019-03-26): Received copy of the valid change of circumstance.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032251 xxxx 10766654 6000032251-6543 02/22/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $5,582.50 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) These fees were listed on the 5/14/18 LE. This LE was received electronically. There is no e-sign disclosure evidenced in the loan file. Therefore, the baseline for these fees is $0.00.     Reviewer Comment (2019-03-26): Received copy of the valid change of circumstance.


Seller Comment (2019-03-25): We respectfully disagree. The Title and Escrow fees were reduced on the initial CD dated 5/31/18. (attached CD and PCCD). Therefore, a cure is not required.


Reviewer Comment (2019-03-19): Valid COC for the increase in title fees or a refund to the borrower of $5,115.


Seller Comment (2019-03-19): Please clarify what exactly the issue is and how to cure. thank you


Reviewer Comment (2019-03-18): Base line was set to $467.50 based on receipt of e-consent.


Seller Comment (2019-03-18): econsent attached
 03/26/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032251 xxxx 10834037 6000032251-23688 02/27/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The appraisal used as the basis for LTV states the total estimate of cost - new is $1,231,300. The second appraisal states the total estimate of cost - new is $961,064, which is the cost lender used to determine insurance coverage as sufficient. HOI coverage is $900,000 plus 20% extended coverage, for a total of $1,180,000.     Reviewer Comment (2019-04-15): Evidence of sufficient coverage was provided.
 04/15/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 10834379 6000032251-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx VVOE - Employment Only
VVOE - Employment Only		 Evidence of previous employment verification not located in the loan file. Borrower on current job less than two years. Borrower has employment stability for 11 years in the industry.

63 months reserves > 15 months guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on employment history and reserves.


Reviewer Comment (2019-03-11): Portfolio guidelines states a two year history of employment must be verified. Exception remains.


Seller Comment (2019-03-08): Portfolio guidelines requires verification of current employment only.
     03/12/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 11007818 6000032251-6295 03/11/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act – Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. Disclosure will not be used to rebaseline for tolerance purposes and may result in disclosure timing violations. Initial LE sent electronically prior to esign consent may result in a fee tolerance violation of up to $8,972.50. (Initial/xx/xx/xxxx) E-consent dated xx/xx was after the initial disclosure was received electronically on 05/14.     Reviewer Comment (2019-03-18): Received evidence of an earlier E-consent.
 03/18/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032251 xxxx 11007819 6000032251-23897 03/11/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure 5/31/2018 12:00:00 AM was received. (Interim/xx/xx/xxxx)       Reviewer Comment (2019-03-19): Received evidence of electronic delivery of the final LE.
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10768515 6000032126-3126 02/22/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10768516 6000032126-3677 02/22/2019 Compliance Compliance Federal Compliance 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 file is missing CPA Letter And Business license     Reviewer Comment (2019-03-08): provided in trailing documents
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000032126 xxxx 10768517 6000032126-4944 02/22/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxx/Bank Statements) The loan file is missing CPA Letter And Business license     Reviewer Comment (2019-03-08): provided in trailing documents


Seller Comment (2019-03-08): CPA Letter & Business License
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10768519 6000032126-4204 02/22/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. The loan file is missing CPA Letter And Business license     Reviewer Comment (2019-03-08): provided in trailing documents
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10768522 6000032126-7038 02/22/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-11): Trailing documents shows receipt of initial CD


Seller Comment (2019-03-11): see attached disclosure tracking and initial CD dated 7/10/18.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10768729 6000032126-4404 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 110.037% but calculated TIP is 108.220%. Used Index Value = 2.766% per approval document in file.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032126 xxxx 10768730 6000032126-4846 02/22/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/xx/xx/xxxx) Disclosure reflects Closing Costs Financed of $8,296.29 but calculated Closing Costs Financed is $8,017.23.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032126 xxxx 10832611 6000032126-4264 02/27/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 8.99 is less than Guideline PITIA months reserves of 12.00. Lender approved exception for reserves less than 12 months. Borrower has employment stability for 31 years in the tile industry.

798 representative FICO score > 720 guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and employment history.


Reviewer Comment (2019-03-11): Lender approved Tier 1 exception. Exception is referred to client for review and disposition.


Seller Comment (2019-03-11): see attached LAS with second approval signature on page 2 for shortage of reserves.
     03/12/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10832753 6000032126-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx CPA Letter, Third Party Verification       Reviewer Comment (2019-03-08): provided in trailing documents


Seller Comment (2019-03-08): Duplicate- please see uploaded CPA Letter
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10832986 6000032126-6297 02/27/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $5,325.83 and disclosure timing violations. Missing esign consent.             2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032126 xxxx 10833052 6000032126-6305 02/27/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Arm Disclosure Signed 5/9/2018     Reviewer Comment (2019-04-01): Cross referencing the date of the other documents within the initial disclosure package to the ARM Disclosure with the same Docusign package ID, identified initial disclosure date as 4/17
 04/01/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032256 xxxx 10758659 6000032256-2798 02/21/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-06): Final 1003 provided in trailing documents


Seller Comment (2019-03-06): See attached Final 1003
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032256 xxxx 10775259 6000032256-855 02/22/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-04-23): Received a copy of the post disaster inspection dated 04/22/2019 showing no damage.
 04/23/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032256 xxxx 10775433 6000032256-5404 02/22/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1065 (2016), 1065 (2017), Balance Sheet, CPA Letter, K-1 (2016), P&L Statement, Third Party Verification   774 representative FICO score > 720 guideline minimum

415 months reserves > 33 months guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves and FICO score.


Reviewer Comment (2019-03-11): Income documents provided, however we are missing 2016,2017 1065's, P&L, Balance Sheet and Third party verification for PB Hospitality. We are missing 2016 1065 and Third party verification for YY Investment & Development, Tax Verification for 832 N Orange Grve, and PITIA verification for 9814 Curwood Pl


Seller Comment (2019-03-11): Pl Statements


Seller Comment (2019-03-11): K1s
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032256 xxxx 10870761 6000032256-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Use of Business Funds - Business Funds may be used for down payment, closing costs, and reserves. Must be adjusted based on the borrower’s percentage of ownership. A CPA/Tax Preparer letter or 6 month Cash Flow Analysis, completed by the Underwriter, is required to verify that the use of the business funds will not have any negative impact on the performance of the business.     Reviewer Comment (2019-03-11): CPA letter provided. Exception has been cleared.


Seller Comment (2019-03-11): Disagree with finding: CPA LOE attached Uploaded


Seller Comment (2019-03-11): LOE and CPA letter
 03/11/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032256 xxxx 10870849 6000032256-5366 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 60.43639% exceeds Guideline total debt ratio of 45.00000%. DTI exceeds maximum permitted by approval/guidelines - Total Income - $68,314.17 / Proposed Expense Value - $40,754.83
Borrower - $14,476.59
*Primary Residence: $7,817.55 + Investment/Second Home REO Income/Negative Cash: $28,835.28
Credit Debt: $4,102.00
Subject Total PITIA: $7,929.82 ~ Qualifying Housing Ratio: 11.44353% / Qualifying Total Debt Ratio: 60.43639%		     Reviewer Comment (2019-03-13): Property on xxxx is paid by business
 03/13/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032249 xxxx 10831623 6000032249-2876 02/27/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   Security Instrument not evidenced in the loan file.     Reviewer Comment (2019-03-06): DOT was provided in trailing docs.


Seller Comment (2019-03-06): DOT
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10831628 6000032249-2799 02/27/2019 Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided   Subject Note not evidenced in the loan file.     Reviewer Comment (2019-03-06): Note provided in trailing docs.


Seller Comment (2019-03-06): Note
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10850753 6000032249-23933 02/27/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   No evidence of the Final Title Policy evidenced in the loan file.     Reviewer Comment (2019-03-06): Final Title Policy was provided in trailing docs


Seller Comment (2019-03-06): Final Title Policy
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10854448 6000032249-2913 02/28/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - 1-4 Family not provided   1-4 Family Rider was not evidenced in the loan file.     Reviewer Comment (2019-03-06): Rider provided in trailing docs.


Seller Comment (2019-03-06): 1-4 Family Rider
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10854451 6000032249-2809 02/28/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - ARM not provided   ARM Rider not evidenced in the loan file.     Reviewer Comment (2019-03-06): Rider provided in trailing docs.


Seller Comment (2019-03-06): ARM Rider
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10854669 6000032249-17814 02/28/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   File contains only page 1 of final 1003 for primary borrower; missing remaining pages and entire application for co-borrower.     Reviewer Comment (2019-03-06): Final 1003 provided in trailing docs


Seller Comment (2019-03-06): Final 1003
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10860727 6000032249-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   File does not contain current lease agreements for all rental properties in which income is being used to offset obligations as required by lender guidelines.     Reviewer Comment (2019-03-11): 1007's were located in the file. Exception has been cleared.


Seller Comment (2019-03-11): Disagree with finding: No rental lease is required for rental properties. Subject transaction is part of a two pack that closed concurrently with this one other loan #xxxx. Both are refinances and we got appraisals with 1007/216 to support the rental income per guidelines.
 03/11/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10864427 6000032249-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx, Borrower: xxxx, Borrower: xxxx 4506 or 4506-T (2015), 4506 or 4506-T (2016), 4506 or 4506-T (2017), Balance Sheet, Third Party Verification
4506 or 4506-T (2015), 4506 or 4506-T (2016), 4506 or 4506-T (2017), Balance Sheet, P&L Statement, Third Party Verification
4506 or 4506-T (2015), 4506 or 4506-T (2016), 4506 or 4506-T (2017), Business License, P&L Statement, Third Party Verification
4506 or 4506-T (2016), 4506 or 4506-T (2017), P&L Statement, Third Party Verification		 File does not contain 4506-t forms for borrowers, P&L statement for xxxx and xxxx, Balance Sheet for xxxx, and third party verification of businesses for xxxx, xxxx, xxxx, and xxxx.     Reviewer Comment (2019-03-06): 4506, Business License and balance sheet received in trailing docs.


Seller Comment (2019-03-06): 4506, PL and Balance Sheets, Business Licenses
 03/06/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032249 xxxx 10864624 6000032249-1057 02/28/2019 Compliance Compliance Federal Compliance 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. Initial Loan Application dated xx/xx/xxxx. Borrower signed acknowledgement disclosure on 9/28/18, and the document was dated 9/13/18.     Reviewer Comment (2019-03-11): Exception has been cleared.
 03/11/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   D A D A D A A A N/A N/A No
xxxx 6000032268 xxxx 10769585 6000032268-2798 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-06): Final 1003 provided in trailing documents


Seller Comment (2019-03-06): Final 1003
 03/06/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032268 xxxx 10769608 6000032268-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-13): Verified FSBO. Exception has been cleared.


Seller Comment (2019-03-13): the document provided was the Sales Escrow Agreement. this is a for sale by owner sale and escrow is able to do the purchase contract when a seller doesn't use an agent. escrow instructions superseded a purchase contract. Escalation needed


Reviewer Comment (2019-03-11): Escrow Instructions provided which is a different document from purchase contract. Please provided the contract. Exception remains open.


Seller Comment (2019-03-08): purchase Contract


Reviewer Comment (2019-03-07): Escrow Instruction provided. Please provide a copy of the purchase Agreement/Sales Contract. Exception remains.


Seller Comment (2019-03-07): purchase Contract
 03/13/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032268 xxxx 10801677 6000032268-855 02/25/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032248 xxxx 10804580 6000032248-5404 02/25/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx, Borrower: xxxx, Borrower: xxxx P&L Statement
P&L Statement
1120S (2017), K-1 (2017), P&L Statement
P&L Statement		 Missing Year-to-date Profit and Loss statements for self-employed applicants within 60 days of the most recent quarter end. Missing 2017 1120S and K-1 from xxxx.     Reviewer Comment (2019-03-15): Received copies of the missing income documentation.


Seller Comment (2019-03-15): Attached P&L for xxxx, was in original file


Reviewer Comment (2019-03-14): Please provide P&L statements for xxxx.


Seller Comment (2019-03-14): Minimum Length of Self-Employment: Income from self-employment is considered stable and effective if the borrower has been self-employed for two or more years. If a history of self-employment ≤ 2 years is being considered the following requirement must be met:
a. Between one and two years: The borrower must have at least two previous years of documented & successful employment in the same line of work or a related occupation.


Seller Comment (2019-03-14): UW used the Avg of 2017/2018 P&L in qualification since 2016 was higher.

Escalate to investor - Our guides allow us to include income <2 years if there is history of at least two previous years of documented & successful employment in the same line of work. Which borrower does have history of related occupation.


Reviewer Comment (2019-03-13): Only 1 year of income documentation provided for xxxx, issue cleared for the other documents.


Seller Comment (2019-03-13): We don’t have 2017 K1s since the borrower was on extension at time of Underwriting. See attached 2017 Business extension
 03/15/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032248 xxxx 10838809 6000032248-4245 02/27/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 65.00000% exceeds Guideline loan to value percentage of 60.00000%. Lender approved exception for LTV of 65% which exceeds maximum allowed of 60%. 198 months reserves > 18 months guideline minimum - borrowers have verified reserves of $x,xxx.xx Aggregator Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032248 xxxx 10838818 6000032248-4246 02/27/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of 65.00000% exceeds Guideline combined loan to value percentage of 60.00000%. Lender approved exception for CLTV of 65% which exceeds maximum allowed of 60%. 198 months reserves > 18 months guideline minimum - borrowers have verified reserves of $x,xxx.xx Aggregator Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032260 xxxx 10789375 6000032260-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-11): purchase agreement provided. Exception has been cleared.


Seller Comment (2019-03-11): purchase Contract
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032260 xxxx 10789448 6000032260-25454 02/25/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-03-15): Received a Clear Capital desk review dated xx/xx/xxxx which provided a value of $1,550,000, a 0.00% variance from the appraised value of $1,550,000, value supported
 03/15/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032260 xxxx 10790141 6000032260-883 02/25/2019 Credit Credit Credit Documentation Purchase contract date not provided.         Reviewer Comment (2019-03-11): purchase agreement provided. Exception has been cleared.


Seller Comment (2019-03-11): Uploaded purchase Contract
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032260 xxxx 10835525 6000032260-3677 02/27/2019 Compliance Compliance Federal Compliance 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 fail due to missing lease agreement and Form 1007.     Reviewer Comment (2019-03-13): 1007 provided in trailing documents


Seller Comment (2019-03-13): see 1007 attached to 1007 condition
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status D B D A C B C A Non QM Non QM Yes
xxxx 6000032260 xxxx 10835526 6000032260-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Loan Calculations: Final Closing Disclosure disclosed a Total Interest Percentage of 103.082 actual calculated is 101.00600.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032260 xxxx 10835541 6000032260-1234 02/27/2019 Compliance Compliance Federal Compliance 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. (Non-Subject Investment/25% Vacancy Method) Missing lease agreement and Form 1007.     Reviewer Comment (2019-03-13): 1007 provided in trailing documents


Seller Comment (2019-03-13): see attached 1007
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032260 xxxx 10835542 6000032260-4204 02/27/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Insufficient income documentation for investment property xxxx.     Reviewer Comment (2019-03-13): 1007 provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032260 xxxx 10835839 6000032260-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed no dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 06/28/2018 by disclosing the recording fee as $178 as documented on the ALTA statement and refunding the borrower $178.
   04/09/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032260 xxxx 10835840 6000032260-6543 02/27/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $186.60 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Ten Percent Fee Tolerance exceeded. Total amount of $186.60 exceeds tolerance of $0.00 plus 10% or $0.00. No cure was provided to the borrower. Post closing disclosure reflects a cure of $178.00     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 06/28/2018 by disclosing the recording fee as $178 as documented on the ALTA statement and refunding the borrower $178.
   04/09/2019   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B C A Non QM Non QM Yes
xxxx 6000032192 xxxx 10832467 6000032192-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Received borrowers Final 1003.


Seller Comment (2019-03-07): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032192 xxxx 10837748 6000032192-4245 02/27/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 61.85217% exceeds Guideline loan to value percentage of 60.00000%. Lender approved exception for LTV of 61.85% which exceeds maximum allowed of 60%. 3.03% DTI on this (Documentation Type) documentation loan < 45% guideline max

754 representative FICO score > 740 guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and DTI ratio.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032192 xxxx 10837753 6000032192-4246 02/27/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of 61.85217% exceeds Guideline combined loan to value percentage of 60.00000%. Lender approved exception for CLTV of 61.85% which exceeds maximum allowed of 60%. 3.03% DTI on this (Documentation Type) documentation loan < 45% guideline max

754 representative FICO score > 740 guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and DTI ratio.
     03/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000032271 xxxx 10771955 6000032271-2798 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Evidence of Final 1003 not found in file.     Reviewer Comment (2019-03-08): The Final 1003 has been provided.


Seller Comment (2019-03-07): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10773744 6000032271-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Missing purchase contract.     Reviewer Comment (2019-03-08): purchase Contract has been provided.


Seller Comment (2019-03-07): purchase Agreement
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10791567 6000032271-23928 02/25/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Loan file does not contain evidence of Non-US Citizen Status for Jonghooon Jin.     Reviewer Comment (2019-03-08): The borrowers Visa has been provided.


Seller Comment (2019-03-07): Citizen Information
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10792515 6000032271-4371 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) A PCCD dated 08/01/2018 reflects the corrected closing date of xx/xx/xxxx; however a letter to the borrower explaining the error was not provided which is required to cure tolerance violation.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B A A Non QM Non QM Yes
xxxx 6000032271 xxxx 10794144 6000032271-23933 02/25/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   Final title policy not provided.     Reviewer Comment (2019-03-08): The Final Title has been provided.


Seller Comment (2019-03-07): Final Title
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10794533 6000032271-565 02/25/2019 Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation was not provided Borrower: xxxx Missing evidence of Co-borrower's citizenship. Lender to provide evidence of Non-permanent resident alien status.     Reviewer Comment (2019-03-08): The borrowers Visa has been provided.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10795224 6000032271-20395 02/25/2019 Credit Loan Package Documentation Closing / Title Copy of Title is missing.   Title policy evidencing number of people on title, vesting information, and policy amount not provided.     Reviewer Comment (2019-03-11): Final Title provided. Exception has been cleared.


Seller Comment (2019-03-11): Title Policy
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032271 xxxx 10802353 6000032271-3126 02/25/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation Disclosure not provided.             2 B xx/xx/xxxx CA Primary Purchase   D B D A B B A A Non QM Non QM No
xxxx 6000032270 xxxx 10777044 6000032270-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Provide a copy of the sales contract including all addenda.     Reviewer Comment (2019-03-07): purchase contract provided. Exception has been cleared.
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032270 xxxx 10777464 6000032270-855 02/22/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 06/13/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Provide a property inspection dated after the declared end date of xx/xx/xxxx.     Reviewer Comment (2019-03-21): PDI provided, no damage. Exception has been cleared.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032270 xxxx 10777751 6000032270-17814 02/22/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   The final 1003 in file is not executed by either the borrower or loan originator. Provide a complete final 1003 signed by the borrower and loan originator.     Reviewer Comment (2019-03-07): Final Signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): Final Signed 1003


Seller Comment (2019-03-07): LO Signed 1003
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032270 xxxx 10835925 6000032270-4188 02/27/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   The file contained a copy of the final settlement statement that disclosed different buyer and seller closing costs. Provide a post-close CD matching the final settlement statement and a copy of the letter of explanation sent to the borrowers disclosing the changes made.     Reviewer Comment (2019-03-11): LOE and PCCD provided. Exception has been cleared.


Seller Comment (2019-03-08): PCCD
   03/11/2019   2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM Yes
xxxx 6000032270 xxxx 10836923 6000032270-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Provide a copy of the Loan Originator Compensation Disclosure evidencing that the term of the loan is not a compensation factor.     Reviewer Comment (2019-03-07): Initial LO 1003 provided. Please provide a copy of the Federal LO Compensation Disclosure.
       2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032148 xxxx 10788087 6000032148-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 is not on file.     Reviewer Comment (2019-03-07): Final signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032148 xxxx 10788130 6000032148-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   purchase contract is missing.     Reviewer Comment (2019-03-07): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-07): purchase Contract
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032148 xxxx 10788969 6000032148-25454 02/25/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-03-12): CDA provided. Exception is clear.
 03/12/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032148 xxxx 10790865 6000032148-4826 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed no dollar amount by which the Total Closing Cost exceeded the legal limit.     Reviewer Comment (2019-03-12): COC provided. Exception is clear.
 03/12/2019     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032148 xxxx 10790866 6000032148-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Initial CD issued 07/13/18, Initial loan application dated xx/xx/xxxx.     Reviewer Comment (2019-03-14): Received evidence of electronic receipt of the initial CD.


Seller Comment (2019-03-14): disclosure tracking to initial CD dated 7/13/18 on page 7.


Reviewer Comment (2019-03-13): Missing proof of CD dated xx/xx/xxxx 3 business days prior to closing


Seller Comment (2019-03-13): Please see LE's dated 6/8 and 6/15
 03/14/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure D B D A C B C A Non QM Non QM No
xxxx 6000032148 xxxx 10790869 6000032148-6542 02/25/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $4,509.50 exceeds tolerance of $1,600.00. Insufficient or no cure was provided to the borrower. (8304) No cure provided for Transfer Tax exceeding tolerance.     Reviewer Comment (2019-03-12): COC provided. Exception is clear.


Seller Comment (2019-03-11): Settlement charges changed at closing we received revised SS 7-15 and disclosed within 3 days of discovery.
 03/12/2019     1 A xx/xx/xxxx FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B C A Non QM Non QM Yes
xxxx 6000032148 xxxx 10791384 6000032148-25040 02/25/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). Lender qualified at Note Rate per Approval in file.             2 B xx/xx/xxxx FL Primary Purchase   D B D A C B C A Non QM Non QM No
xxxx 6000032148 xxxx 10791385 6000032148-4404 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure Total Interest Percentage of 114.228, actual calculated is 112.39400.             2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
xxxx 6000032287 xxxx 10770984 6000032287-2802 02/22/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B xx/xx/xxxx FL Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032287 xxxx 10773045 6000032287-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Missing Sales Contract for the subject property.     Reviewer Comment (2019-03-11): Provided in trailing documents


Seller Comment (2019-03-11): see attached purchase contract
 03/11/2019     1 A xx/xx/xxxx FL Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032287 xxxx 10788201 6000032287-5404 02/25/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Tax returns provided are missing the borrower's signature, as required by the guidelines. 48 months reserves > 6 months guideline minimum AMC Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves.
     03/12/2019 2 B xx/xx/xxxx FL Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032287 xxxx 10790961 6000032287-25507 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 6,300.25 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file, vs. Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-17): Lender cured on the PCCD dated 03/13/2019.
   04/17/2019   2 B xx/xx/xxxx FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791260 6000032287-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date 06/13/2018, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) The 2017 1040(s) or a IRS Extension was not evidenced in the loan file.             2 B xx/xx/xxxx FL Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032287 xxxx 10791261 6000032287-4673 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/706137) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791262 6000032287-4673 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/706138) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791263 6000032287-4673 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/706139) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791264 6000032287-4673 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/706140) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791266 6000032287-4675 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/706137) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791267 6000032287-4889 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 4 that does not match the actual total payment for the loan. (ProjSeq:4/706140) Pay stream variance due to monthly amount of taxes paid per Tax Cert. ($419.91 monthly) in file vs Lender's monthly rate of $476.17.     Reviewer Comment (2019-04-09): Lender cured on the PCCD dated 03/13/2019.
   04/09/2019   2 B xx/xx/xxxx FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B C B A A Non QM Non QM Yes
xxxx 6000032287 xxxx 10791271 6000032287-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Earliest dated CD was xx/xx/xxxx vs. a closing date of xx/xx/xxxx. Electronic receipt of the CD issued on xx/xx/xxxx was not provided. Therefore, it is assumed to be received by the borrower on xx/xx/xxxx.     Reviewer Comment (2019-03-12): Received Disclosure Tracking.


Seller Comment (2019-03-12): see attached disclosure tracking.
 03/12/2019     1 A xx/xx/xxxx FL Second Home Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032287 xxxx 10792311 6000032287-4404 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (112.246% vs. actual 114.3367%).             2 B xx/xx/xxxx FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10791994 6000032293-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx MA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032293 xxxx 10792764 6000032293-3126 02/25/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx MA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032293 xxxx 10792772 6000032293-25503 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 8,010.75 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx)       Reviewer Comment (2019-03-14): Received verification of the tax amount; final CD was accurate.


Seller Comment (2019-03-14): disclosure tracking will validate that the 7/10 CD was the final CD


Seller Comment (2019-03-14): see final CD and review the taxes over 11 months rather than 12


Reviewer Comment (2019-03-12): The 06/01 CD was provided which would not be the final CD.


Seller Comment (2019-03-11): Final CD


Seller Comment (2019-03-11): We Disagree this is based on 11 months on BOC PCCD
 03/14/2019     1 A xx/xx/xxxx MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10793179 6000032293-5145 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for City Property Tax under Prepaids. (Final/xx/xx/xxxx) The final CD does not disclose number of months for taxes.             2 B xx/xx/xxxx MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10793180 6000032293-5180 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) The final CD does not disclose number of months for taxes.             2 B xx/xx/xxxx MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10793181 6000032293-4404 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 107.107% but calculated TIP is 105.023%. Used Index Value = 2.777% per approval document in file.             2 B xx/xx/xxxx MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10793182 6000032293-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032293 xxxx 10837363 6000032293-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Income Verification Requirements - Year-to-date Profit and Loss statements for self-employed applicants within 60 days of the most recent quarter end.     Reviewer Comment (2019-03-07): P&L provided. Exception has been cleared.


Seller Comment (2019-03-07): Pl Statement
 03/07/2019     1 A xx/xx/xxxx MA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032293 xxxx 10837964 6000032293-24752 02/27/2019 Credit 1003 Document Error Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. Borrower: xxxx A fully executed Banc of California Certification of Resident Alien Status Form must be provided at the time of submission. Resident-Alien Card (Green Card)     Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Permanent Resident information
 03/08/2019     1 A xx/xx/xxxx MA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032158 xxxx 10792729 6000032158-17814 02/25/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final loan application was not signed.     Reviewer Comment (2019-03-07): Final signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032158 xxxx 10793592 6000032158-4371 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD reflects Closing Date of xx/xx/xxxx, but transaction consummation (mortgage notary) date was xx/xx/xx..File contains a PCCD dated 08/30/18 that reflects the corrected closing date of xx/xx/xxxx.     Reviewer Comment (2019-02-28): PCCD and LOE issued 8/30/18 to update. Exception cured.
   02/28/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032158 xxxx 10793595 6000032158-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) File is missing Sellers Closing Disclosure.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032158 xxxx 10839950 6000032158-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP as 109.01600% but calculated TIP is 107.20400% which is outside the .003% tolerance. Difference amount is 1.8120%. Used the maximum index value available of 2.78775%..             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032177 xxxx 10793570 6000032177-2799 02/25/2019 Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided         Reviewer Comment (2019-03-12): Note provided. Exception has been cleared.


Seller Comment (2019-03-12): attached note.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10793574 6000032177-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-12): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-12): see attached purchase contract.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10793581 6000032177-2876 02/25/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   Deed was not located in loan package     Reviewer Comment (2019-03-12): Provided in trailing docs. Exception has been cleared.


Seller Comment (2019-03-12): see attached recorded deed.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10794697 6000032177-24215 02/25/2019 Credit Property - Appraisal Appraisal Adjustments Excessive site value noted on appraisal without appraiser comments to justify Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx Did not find any appraiser comments for excessive site value. Site comments indicated that "The subject site is typical of the market area in terms of size, topography, view and appeal. The site provides a suitable setting for the improvements and is consistent with market expectations in this price range." 22% DTI on this (Documentation Type) documentation loan < 45% guideline max

32 months reserves > 12 months guideline minimum

794 representative FICO score > 700 guideline minimum		 AMC

AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on DTI ratio, reserves, and FICO score.
     03/12/2019 2 B xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817600 6000032177-23933 02/26/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   Missing both prelim and final title policy     Reviewer Comment (2019-03-12): Final Title provided. Exception has been cleared.


Seller Comment (2019-03-12): see attached final title policy
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817919 6000032177-7087 02/26/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Did not locate the initial escrow disclosure in loan file             2 B xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM Yes
xxxx 6000032177 xxxx 10817920 6000032177-1330 02/26/2019 Compliance Compliance Federal Compliance 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. Did not locate the counseling list in loan file             2 B xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817922 6000032177-6301 02/26/2019 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. ARM Disclosure not found in loan file     Reviewer Comment (2019-03-12): Missing documentation provided, Exception has been cleared.


Seller Comment (2019-03-12): see attached arm disclosure and tracking.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817923 6000032177-6302 02/26/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. CHARM Disclosure not found in loan file     Reviewer Comment (2019-03-12): Missing documentation provided, Exception has been cleared.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817985 6000032177-6340 02/26/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. File missing SSPL.             2 B xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10817986 6000032177-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $416.76 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7723) Survey added to final CD without a valid change of circumstance     Reviewer Comment (2019-03-18): Received PCCD issued 3/15/19 reflecting a tolerance cure of $416.76, a LOX, copy of refund check and evidence of delivery.
   03/18/2019   2 B xx/xx/xxxx TX 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 D B A A Non QM Non QM Yes
xxxx 6000032177 xxxx 10817997 6000032177-4826 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No amount shown on closing disclosure     Reviewer Comment (2019-03-18): Received PCCD issued 3/15/19 reflecting a tolerance cure of $416.76, a LOX, copy of refund check and evidence of delivery.
   03/18/2019   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032177 xxxx 10817998 6000032177-3879 02/26/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. No evidence of toolkit being provided to borrower was located in the loan file     Reviewer Comment (2019-03-12): Missing documentation provided, Exception has been cleared.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10819060 6000032177-4404 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) TIP listed at 109.558, final TIP is 111.665             2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032177 xxxx 10838405 6000032177-3988 02/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) LE was not signed to prove an earlier receipt     Reviewer Comment (2019-03-12): E-sign tracking provided. Exception has been cleared


Seller Comment (2019-03-12): see attached LE's and disclosure tracking. borrower received prior to close.
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10930877 6000032177-2883 03/05/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Tax Certificate not provided; taxes obtained from Final CD and are not verified.     Reviewer Comment (2019-03-12): Tax Cert provided. Exception has been cleared.


Seller Comment (2019-03-12): see attached tax cert
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10934348 6000032177-3126 03/05/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Document not provided.             2 B xx/xx/xxxx TX Primary Purchase   D B D B D B A A Non QM Non QM No
xxxx 6000032177 xxxx 10934479 6000032177-23897 03/05/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Missing proof of delivery of the LE dated 6/26/18, prior to the initial CD provided on 6/29/18.     Reviewer Comment (2019-03-12): E-sign tracking provided. Exception has been cleared
 03/12/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032289 xxxx 10793166 6000032289-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): purchase Contract
 03/07/2019     1 A xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032289 xxxx 10799365 6000032289-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Received copy of the final 1003.
 03/07/2019     1 A xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032289 xxxx 10801435 6000032289-25503 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 24,192.19 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Amount of Estimated Property Costs over Year 1 of $24,192.19 on Final Closing Disclosure provided on xx/xx/xxxx do not match the $30,573.36 reflected in the file. (Monthly Insurance $304.50, Taxes $2,090.95 and HOA $152.33).     Reviewer Comment (2019-03-18): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-18): See attached revised PCCD dated 3/11/19 corrected the estimated property cost.


Seller Comment (2019-03-18): see update attached


Reviewer Comment (2019-03-18): No evidence of a PCCD.


Seller Comment (2019-03-18): Estimated closing cost over a year are calculated by the sum of taxes, hazard, and HOA multiplied by 11 months (excludes month of funding) which equals $28,025.58 and matches PCCD


Reviewer Comment (2019-03-14): Disclosure tracking does not address the Costs over 1 year issue.


Seller Comment (2019-03-14): see tracking
   03/18/2019   2 B xx/xx/xxxx GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032289 xxxx 10802968 6000032289-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/0xx/xx/xxxx) Initial CD was issued 3 days prior to closing however, there is no evidence in the file that the borrower received it 3 business days prior to closing.     Reviewer Comment (2019-03-14): Received evidence of electronic receipt of the initial CD.


Seller Comment (2019-03-14): see tracking uploaded
 03/14/2019     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032289 xxxx 10803836 6000032289-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) Most recent tax return for xxxx is missing             2 B xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032289 xxxx 10844636 6000032289-2802 02/27/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10788043 6000032098-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): purchase Contract
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10788760 6000032098-855 02/25/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-22): Received a copy of the post disaster inspection dated 0xx/xx/xxxx showing no damage.
 03/22/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10789288 6000032098-17814 02/25/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final executed copy of the 1003 was not located in the loan file.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): Please disregard first upload of incorrect 1003


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10791754 6000032098-25158 02/25/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.               2 B xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10791756 6000032098-25503 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 15,826.25 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx)       Reviewer Comment (2019-04-12): Lender cured on the PCCD dated xx/xx/xxxx.
   04/12/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032098 xxxx 10791857 6000032098-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) The Seller's Closing Disclosure was not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032098 xxxx 10838450 6000032098-4961 02/27/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided     733 representative FICO score > 700 guideline minimum

68.57% LTV ratio > 75% guideline maximum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on LTV ratio and FICO score.
     03/12/2019 2 B xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10838810 6000032098-7038 02/27/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Verification initial CD sent and reviewed by borrower three (3) business days prior to closing not provided.     Reviewer Comment (2019-03-11): CD received on xx/xx/xxxx


Seller Comment (2019-03-11): CD
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032098 xxxx 10871298 6000032098-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T 4506-T has not been provided.     Reviewer Comment (2019-03-08): The 4506-T has been provided.


Seller Comment (2019-03-07): 4506T
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032306 xxxx 10778260 6000032306-2868 02/22/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-14): Received copy of purchase contract for the subject transaction.


Seller Comment (2019-03-14): the attached purchase contract is for the subject at xxxx.


Reviewer Comment (2019-03-11): purchase Agreement provided, however it is for xxxx. Please provided the purchase Agreement for subject property located at xxxx.


Seller Comment (2019-03-11): attached contract again


Reviewer Comment (2019-03-07): purchase contract was not attached. Exception Remains.


Seller Comment (2019-03-07): purchase contract attached
 03/14/2019     1 A xx/xx/xxxx PA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032306 xxxx 10778429 6000032306-24197 02/22/2019 Credit Missing Document General Missing Document: Rent Comparison Schedule not provided         Reviewer Comment (2019-03-07): Confirmed no income for the subject property was used. Exception has been cleared.


Seller Comment (2019-03-07): disagree. No rental income was utilized for the subject property, therefore, a rent comparison schedule was not required.
 03/07/2019     1 A xx/xx/xxxx PA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032138 xxxx 10806791 6000032138-4371 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of xx/xx/xxxx, but transaction consummation (mortgage notary) date was xx/xx/xxxx.             2 B xx/xx/xxxx CA Second Home Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032288 xxxx 10790497 6000032288-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Received copy of the final 1003.


Seller Comment (2019-03-07): attached final 1003
 03/08/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032288 xxxx 10792339 6000032288-3495 02/25/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) The file contained documentation verifying the borrower received a copy of the appraisal on 8/6/2018 which is prior to the appraisal date of 8/16/2018.             2 B xx/xx/xxxx FL Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032288 xxxx 10792340 6000032288-3126 02/25/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx FL Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032288 xxxx 10792342 6000032288-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller's CD             2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032288 xxxx 10792343 6000032288-4916 02/25/2019 Compliance Compliance Federal Compliance TRID Service Provider Timing TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application. Application date is xx/xx/xxxx. List of service providers was provided on 7/18/18, not within 3 business days of application.             2 B xx/xx/xxxx FL Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032175 xxxx 10785865 6000032175-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   No evidence of the purchase Contract was provided.     Reviewer Comment (2019-03-07): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached purchase contract
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032175 xxxx 10793503 6000032175-4087 02/25/2019 Compliance Compliance Federal Compliance RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. The Affiliated Business Disclosure provided was not signed by the borrower.             2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032175 xxxx 10793996 6000032175-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/08/02/2018) The date of the initial CD is xx/xx/xxxx and the Final CD is dated xx/xx/xxxx.     Reviewer Comment (2019-03-08): Received evidence of electronic receipt of the initial CD.


Seller Comment (2019-03-07): disagree - initial was received via edisclosure 8/2 and authenticated - see attached disclosure tracking
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032175 xxxx 10793997 6000032175-3988 02/25/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 07/31/2018 not received by borrower at least four (4) business days prior to closing. (Interim/07/31/2018) Loan Estimated provided for 7/31/18 was not signed by the borrower, therefore, we can only estimate received date was after that date. Closing took place on xx/xx/xxxx.     Reviewer Comment (2019-03-08): Received evidence of electronic receipt of the final LE.


Seller Comment (2019-03-07): disagree - LE was sent and received via edisclosure - see attached tracking
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032175 xxxx 10793999 6000032175-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) There was no evidence of the Seller Disclosure provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032175 xxxx 10842555 6000032175-1048 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - Anti-Steering Disclosure Not Provided: Unable to determine Anti-Steering compliance/Safe Harbor Loan Originator Compensation: Anti-Steering - Unable to determine Safe Harbor due to Anti-Steering Disclosure not provided to borrower. Anti steering disclosure was not included in the loan file.             2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10785685 6000032119-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Final Signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached 1003
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10792563 6000032119-2835 02/25/2019 Credit Insurance Insurance Documentation Missing Document: Flood Insurance Policy not provided         Reviewer Comment (2019-03-07): Flood Insurance Policy provided. Exception has been cleared.


Seller Comment (2019-03-07): Flood insurance attached
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10801389 6000032119-855 02/25/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 07/25/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-04-17): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10802379 6000032119-25521 02/25/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - S-Corp Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current S-Corp status using reasonably reliable third-party records. (xxxx/S-Corp)       Reviewer Comment (2019-03-08): Upon further research, exception has been cleared.


Seller Comment (2019-03-08): Disagree with finding: California state business search was done and we have document showing buss is active. See attached.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10802381 6000032119-24188 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $14,515.93 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Actual amount of non escrowed property costs over year 1 is $16,482.48.     Reviewer Comment (2019-03-12): Post-close CD corrected the non-escrowed property costs


Seller Comment (2019-03-12): Agree. Please see attached PCCD with correct insurance premium. Actual amount of non-escrowed property cost is correct $15,108.94. property tax per month $1,213.54 + insurance $160 = $1,373.54 x 11 months = $15,108.94
This calculation is for the 11 months because it starts from the 1st payment date.


Reviewer Comment (2019-03-08): Hazard insurance policy in the file reflects a premium of $1,920.00 or $160 monthly. Please provide a corrected CD and LOE to cure.


Seller Comment (2019-03-07): disagree to the below finding. Actual amount of non-escrowed property cost is correct $14,515.93. property tax per month $1,213.54 + insurance $106.09 = $1,319.54 x 11 months = $14,515.93. This calculation is for the 11 months because it starts from the 1st payment date.
   03/12/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032119 xxxx 10802432 6000032119-3677 02/25/2019 Compliance Compliance Federal Compliance 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. Non-QM     Reviewer Comment (2019-03-08): Third party verification has been provided.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
xxxx 6000032119 xxxx 10802435 6000032119-4204 02/25/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Non-QM     Reviewer Comment (2019-03-08): Third party verification has been provided.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10802436 6000032119-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) Missing documentation of 2017 business returns or tax extension.     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10802438 6000032119-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) Missing documentation of 2017 business returns or tax extension.     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10802443 6000032119-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Unable to locate seller CD             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032119 xxxx 10844103 6000032119-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement, Tax Return Extension (for Business) Missing P&L statement for Coborrower's self employed income.     Reviewer Comment (2019-03-08): P&L provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10844517 6000032119-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Tax Return Extension (for Business)       Reviewer Comment (2019-03-08): Extension provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10844626 6000032119-2868 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-07): purchase contract attached
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032119 xxxx 10844762 6000032119-3495 02/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/08/15/2018)               2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799067 6000032157-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The final 1003 was not provided.     Reviewer Comment (2019-03-07): Final signed 1003 Loan Application Provided. Exception has been cleared.


Seller Comment (2019-03-07): 1003 attached
 03/07/2019     1 A xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799255 6000032157-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-07): see attached purchase
 03/07/2019     1 A xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799371 6000032157-4256 02/25/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 694 is less than Guideline representative FICO score of 700. A exception for a FICO under 700 is listed on the Loan Approval Summary. 29.8% DTI on this Full documentation loan < 45% guideline max

60% LTV < 70 guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on LTV ratio and DTI ratio.


Reviewer Comment (2019-03-07): Lender approved Tier 1 Exception with 5% reduction in DTI & 1% disposable income. Exception is referred to client for review and disposition.


Seller Comment (2019-03-07): See guidelines
     03/12/2019 2 B xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799491 6000032157-25579 02/25/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Effective date for appraisal used for LTV is two days prior to closing.             2 B xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799493 6000032157-3126 02/25/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032157 xxxx 10799494 6000032157-7087 02/25/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.               2 B xx/xx/xxxx CA Second Home Purchase   D B D B B B A A Non QM Non QM Yes
xxxx 6000032157 xxxx 10799532 6000032157-4371 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD with closing date of xx/xx/xxxx was signed on 08/15/2018.     Reviewer Comment (2019-02-28): PCCD and LOE issued 9/4/18 to update. Exception cured.
   02/28/2019   1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032303 xxxx 10803032 6000032303-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) An extension was filed for all 2017 tax returns             2 B xx/xx/xxxx OR Primary Refinance - Limited Cash-out GSE   B B A A B B A A Non QM Non QM No
xxxx 6000032303 xxxx 10803033 6000032303-20305 02/25/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) An extension was filed for all 2017 tax returns             2 B xx/xx/xxxx OR Primary Refinance - Limited Cash-out GSE   B B A A B B A A Non QM Non QM No
xxxx 6000032236 xxxx 10799187 6000032236-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Evidence of a purchase/sales contract was not located in the loan file.     Reviewer Comment (2019-03-12): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-12): purchase contract
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032236 xxxx 10800297 6000032236-855 02/25/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 08/07/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Loan closed on x/x/xx FEMA disaster declaration from xx/xx/xx to xx/xx/xx for xxxx. No evidence in the loan file of a post-disaster inspection.     Reviewer Comment (2019-03-25): Received a copy of the post disaster inspection dated xx/xx/xxxx showing no damage.
 03/25/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032236 xxxx 10801827 6000032236-4371 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Corrected with Post Closing CD. Consummation date xx/xx/xxxx             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032236 xxxx 10801828 6000032236-4826 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD indicated the loan did not exceed the legal limit by any amount. There is a post-closing cure of $25.00 on the post-closing CD. The calculated amount by which the loan exceeded the legal limit by is $200.00, for the Title - Endorsement Fee. Therefore, there is still $175.00 remaining to be cured.     Reviewer Comment (2019-04-17): Title Endorsement fee was paid to borrower selected provider.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032236 xxxx 10801830 6000032236-6542 02/25/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7726) Title - Endorsement fee not listed on LE, but is listed on Final CD for $200.00. No change of circumstance was evidenced, and the post-closing CD provided a $25.00 cure.     Reviewer Comment (2019-04-17): Title Endorsement fee was paid to borrower selected provider.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032236 xxxx 10801921 6000032236-25503 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 46,920.52 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Verified costs over 1 year; HOA dues of $7,250, HOI premium of $2,045, and property taxes of $35,625 (1.25% of purchase price) for a total of $44,920.00.     Reviewer Comment (2019-03-21): Lender cured on the PCCD dated xx/xx/xxxx


Seller Comment (2019-03-21): the borrower requested two hazard policies for the subject and the total estimated property costs over year 1 included $35,625(tax)+ $2,045 (Hazard)+$2,025.48(Hazard #2)+$7,250.04(HOA)= $46,945.48 as stated on the PCCD.
   03/21/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032236 xxxx 10844040 6000032236-25521 02/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - S-Corp Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current S-Corp status using reasonably reliable third-party records. (xxxx/S-Corp)       Reviewer Comment (2019-03-14): Received third party verification of the business.


Seller Comment (2019-03-14): see attached verification from the state of CA for xxxx


Reviewer Comment (2019-03-12): Exception is for S-Corp xxxx. No VOE provided. Exception remains.


Seller Comment (2019-03-12): see attached articles of incorporation from xxxx.
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032236 xxxx 10844042 6000032236-23897 02/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) The LE dated xx/xx/xxxx was not electronically signed, and assumed to be received by borrower on xx/xx/xxxx. The initial CD, dated xx/xx/xxxx8 was signed electronically on the same day.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032236 xxxx 10844125 6000032236-3677 02/27/2019 Compliance Compliance Federal Compliance 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. Missing third part verification of the business.     Reviewer Comment (2019-03-14): Received third party verification of the business.


Reviewer Comment (2019-03-12): Missing VOE for Ultra Professional Management. Exception remains


Seller Comment (2019-03-12): LLC documentation has been provided.
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
xxxx 6000032236 xxxx 10844126 6000032236-4204 02/27/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to K1 Income using only for the negative income.     Reviewer Comment (2019-03-14): Received third party verification of the business.
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032236 xxxx 10844127 6000032236-20305 02/27/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) 2017 tax return extension in loan file.             2 B xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032163 xxxx 10793477 6000032163-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-08): Received copy of the purchase agreement.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032163 xxxx 10798808 6000032163-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Final/0xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-08): Received evidence of electronic receipt of the initial CD.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032163 xxxx 10798809 6000032163-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/0xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032275 xxxx 10801860 6000032275-23928 02/25/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-03-11): Provided in trailing documents


Reviewer Comment (2019-03-08): Permanent resident card was not provided.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032275 xxxx 10804824 6000032275-565 02/25/2019 Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation was not provided Borrower: xxxx, Borrower: xxxx Non-permanent alien documentation was not provided.     Reviewer Comment (2019-03-11): Provided in trailing documents


Reviewer Comment (2019-03-08): Permanent resident card was not provided.


Seller Comment (2019-03-07): Disagree with finding: Borrower’s current employment was verified with VVOE. Guidelines do not require prior employment being verified with a VOE. UW used the initial 1003s, W2s, offer letters, and the LOEs from borrower to support the prior employment histories.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032275 xxxx 10804952 6000032275-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/0xx/xx/xxxx) Evidence of earlier receipt not provided.     Reviewer Comment (2019-03-08): Received evidence of electronic receipt of the initial CD.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032275 xxxx 10804953 6000032275-6411 02/25/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) CD missing.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032275 xxxx 10804955 6000032275-20076 02/25/2019 Credit Assets Asset Documentation Earnest Money Deposit is unsourced. Per guidelines EMD source is required.   Missing the check for the EMD withdraw. The xxxx bank statement appears to have the EMD taken out of this acct.     Reviewer Comment (2019-03-08): Received copy of the wire for the EMD.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032275 xxxx 10843135 6000032275-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only Borrower employed less than 2 years at current. Missing Verification of Employment from Borrowers previous employer verifying start and end dates.     Reviewer Comment (2019-03-08): Prior employer VVOE not required per guidelines.


Seller Comment (2019-03-07): Disagree with finding: Borrower’s current employment was verified with VVOE. Guidelines do not require prior employment being verified with a VOE. UW used the initial 1003s, W2s, offer letters, and the LOEs from borrower to support the prior employment histories.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032275 xxxx 10843214 6000032275-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only Co-Borrower employed less than 2 years at current. Missing Verification of Employment from Co-Borrowers previous employers verifying start and end dates.     Reviewer Comment (2019-03-08): Prior employer VVOE not required per guidelines.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032266 xxxx 10794215 6000032266-2883 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided         Reviewer Comment (2019-04-17): Tax Figures have been confirmed with Preliminary Title.
 04/17/2019     1 A xx/xx/xxxx CA Investment Purchase   D A C A D A A A N/A N/A No
xxxx 6000032266 xxxx 10813486 6000032266-855 02/26/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 08/07/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage.
 03/21/2019     1 A xx/xx/xxxx CA Investment Purchase   D A C A D A A A N/A N/A No
xxxx 6000032266 xxxx 10814599 6000032266-23860 02/26/2019 Compliance Compliance Federal Compliance Missing Closing Disclosure: No Document Used For Fee Testing Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable.       Reviewer Comment (2019-03-07): Final Closing Disclosure provided. Exception has been cleared.
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   D A C A D A A A N/A N/A No
xxxx 6000032266 xxxx 10843597 6000032266-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1065, CPA Letter, P&L Statement, Third Party Verification Full Doc loans require the following: Signed federal income tax returns (individual & business), with all applicable schedules from the past two years for all borrowers as well as income derived from rental properties. Year-to-date Profit and Loss statements for self-employed applicants within 60 days of the most recent quarter end.

Third Party Verification - For self-employed income, verification of self-employed businesses by third-party sources must be obtained within 30 calendar days prior to the funding date.		     Reviewer Comment (2019-03-11): Not required. Final K-1 in file


Seller Comment (2019-03-11): Disagree with finding: Signed 1040s and buss returns are complete and signed. See attached. P&L for schedule C is not needed since it belongs to non-borrowing spouse. P&L for xxxx. was provided see attached.

P&L for xxxx is not needed since 2017 K1 is a Final. See attached Final K1 .

P&L for xxxx is not needed since 2017 K1 is a Final. See attached Final K1 .


Reviewer Comment (2019-03-07): Income Documents provided, however we are missing a copy of the P&L and Third Party Verification for xxxx and xxxx. Exception remains.
 03/11/2019     1 A xx/xx/xxxx CA Investment Purchase   D A C A D A A A N/A N/A No
xxxx 6000032230 xxxx 10800770 6000032230-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): Received copy of the purchase contract.
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032230 xxxx 10801624 6000032230-5404 02/25/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower:xxxx Balance Sheet, P&L Statement       Reviewer Comment (2019-03-08): Received copy of the YTD P&L and balance sheet.
 03/08/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032144 xxxx 10802364 6000032144-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Missing purchase contract.     Reviewer Comment (2019-03-08): Received copy of the purchase contract.
 03/08/2019     1 A xx/xx/xxxx NJ Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032144 xxxx 10846415 6000032144-4432 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed Estimated Property Costs over Year 1 for loan with an escrow account established. (Final/xx/xx/xxxx) Final CD page 1 reflects monthly estimated escrow and including assessments to be $1,364.42 x = $16,373.04 annually; however, page 4 reflects escrowed property costs over 1 year $15,008.62. Insurance is reflected as $145.67 monthly but lender used $152.67.     Reviewer Comment (2019-03-12): Upon further research, exception has been cleared.


Seller Comment (2019-03-11): LAS and Commentary were reviewed to reflect the accurate figures


Seller Comment (2019-03-11): • Monthly estimated assessments /escrow is correct; BOC calculates 11 months which will give us $15,008.62
• Insurance is reflected as $145.67 monthly but lender used $152.67.


Reviewer Comment (2019-03-08): Figures captured from the dec page; supporting documentation of the lenders figures were not provided.


Seller Comment (2019-03-07): See UW updates attached reflecting updated insurance figures
 03/12/2019     1 A xx/xx/xxxx NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure D A D A C A A A Non QM Non QM Yes
xxxx 6000032286 xxxx 10791961 6000032286-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Provided in trailing documents
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10802475 6000032286-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10802739 6000032286-5404 02/25/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Balance Sheet, P&L Statement Income used to qualify from xxxx is not supported by YTD P&L and Balance Sheet as required. 787 representative FICO score > 680 guideline minimum

29 months reserves > 6 months guideline minimum		 AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and reserves.
     03/12/2019 2 B xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10803208 6000032286-7038 02/25/2019 Compliance Compliance Federal Compliance 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. (Initial/09/13/2018) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-08): Received evidence of electronic receipt of the initial CD.
 03/08/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842591 6000032286-2651 02/27/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company Not Licensed at time of Application Unable to test LO company NMLS license due to missing information.       Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842592 6000032286-2653 02/27/2019 Compliance Compliance Federal Compliance Federal Loan Originator Compensation - Individual LO Not NMLS Licensed at Time of Application Unable to test Loan Originator license due to missing information.       Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842593 6000032286-6507 02/27/2019 Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator License Status Not Approved Unable to test Individual Loan Originator license status due to missing information.       Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842594 6000032286-6508 02/27/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company License Status Not Approved Unable to test LO company status due to missing information.       Reviewer Comment (2019-03-07): Initial application date provided


Seller Comment (2019-03-07): see duplicate conditions
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842596 6000032286-4088 02/27/2019 Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.       Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842597 6000032286-6305 02/27/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.       Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10842603 6000032286-3136 02/27/2019 Compliance Compliance Federal Compliance RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.     Reviewer Comment (2019-03-07): Initial application date provided
 03/07/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032286 xxxx 10851941 6000032286-23945 02/28/2019 Credit Assets Asset Documentation Asset documentation requirements not met according to Decision System Input. All documentation requirements for None were not met. Use of funds from business account ending in #xxx with xxx under xxx LLC was not provided as required. 787 representative FICO score > 680 guideline minimum

29 months reserves > 6 months guideline minimum		 AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves and FICO score.


Reviewer Comment (2019-03-08): Response was not provided.
     03/12/2019 2 B xx/xx/xxxx FL Primary Purchase   D B D B C A A A Non QM Non QM No
xxxx 6000032301 xxxx 10804408 6000032301-4436 02/25/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/0xx/xx/xxxx)               2 B xx/xx/xxxx NY Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032301 xxxx 10844734 6000032301-4256 02/27/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 737 is less than Guideline representative FICO score of 740. Lender approved exception for FICO of 737 which exceeds minimum required of 740. 124 months reserves Originator Reviewer Comment (2019-03-08): Lender approved exception at origination based on the reserve profile.


Seller Comment (2019-03-07): 10 point variance allowed (670 Min) with 10% reduction in LTV OR 5% reduction in DTI & 1% of loan amount in monthly disposable income - see attached
     03/08/2019 2 B xx/xx/xxxx NY Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032301 xxxx 10844790 6000032301-6278 02/27/2019 Credit Credit Credit Documentation Aged document: Credit Report is more than 90 days prior to the note date. Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx       Reviewer Comment (2019-03-08): Received copy of the updated credit report dated xx/xx/xxxx


Seller Comment (2019-03-07): Credit report dated XXXX. Note date xx/xx/xxxx
 03/08/2019     1 A xx/xx/xxxx NY Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032140 xxxx 10807668 6000032140-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Missing copy of executed sales contract for xxxx, evidencing purchase price of $xxx.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): duplicate - please clear
 03/07/2019     1 A xx/xx/xxxx NV Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032140 xxxx 10826015 6000032140-3495 02/26/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/09/25/2018) Valuation provided to borrower on xx/xx/xxxx. Final valuation report not completed until 9/25/2018. No evidence revised report provided to customer.             2 B xx/xx/xxxx NV Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032140 xxxx 10826016 6000032140-6411 02/26/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure not provided.             2 B xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032140 xxxx 10830033 6000032140-4371 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure issued xx/xx/xxxx disclosed a closing date of xx/xx/xxxx. Actual date of consummation is xx/xx/xxxx.             2 B xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032140 xxxx 10830458 6000032140-17814 02/27/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final 1003 not signed by all borrowers.     Reviewer Comment (2019-03-07): Provided in trailing documents
 03/07/2019     1 A xx/xx/xxxx NV Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032140 xxxx 10860133 6000032140-20553 02/28/2019 Credit Missing Document General One or more of your documents was not signed and dated by the borrower(s).   The Initial Loan Estimate is incomplete there are only 2 pages in the images vs. 3.     Reviewer Comment (2019-03-07): Provided in trailing documents
 03/07/2019     1 A xx/xx/xxxx NV Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032140 xxxx 10861822 6000032140-4264 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 16.83 is less than Guideline PITIA months reserves of 24.00.   756 representative FICO score > 740 guideline minimum

Borrower has employment stability for 10 years in the xxx industry.		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on employment history and FICO score.


Reviewer Comment (2019-03-07): Retirement and stock accounts discounted at 70%


Seller Comment (2019-03-07): Disagree – UW used Est Settlement Statement with a disbursement date of 0xx/xx/xxxx .
Verified Assets of $418,442.72
Less Cash to close $-254,458.82
Remaining reserves of $163,983.90
Qual PITIA is $6,015.46 x 24 mos = $144,371.04 in reserves
     03/12/2019 2 B xx/xx/xxxx NV Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032183 xxxx 10813916 6000032183-855 02/26/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 09/21/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-22): Received a copy of the post disaster inspection dated 0xx/xx/xxxx showing no damage.
 03/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032183 xxxx 10814150 6000032183-3126 02/26/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032183 xxxx 10814152 6000032183-6302 02/26/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower.       Reviewer Comment (2019-03-08): Received acknowledgement of receipt of the CHARM booklet.
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032183 xxxx 10814204 6000032183-4371 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The Closing Disclosure is dated xx/xx/xxxx while the notary executed the Security Instrument on xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032145 xxxx 10802970 6000032145-2868 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   purchase Agreement/Sales Contract not provided.     Reviewer Comment (2019-03-08): purchase Agreement provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B C A Non QM Non QM No
xxxx 6000032145 xxxx 10814840 6000032145-25454 02/26/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Desk review not provided.     Reviewer Comment (2019-03-13): Received copy of the lender's desk review.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A B B C A Non QM Non QM No
xxxx 6000032145 xxxx 10816009 6000032145-4371 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation of 0xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B C A Non QM Non QM Yes
xxxx 6000032145 xxxx 10816019 6000032145-4404 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 129.381% but calculated TIP is 127.28%             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B C A Non QM Non QM Yes
xxxx 6000032297 xxxx 10843800 6000032297-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Final signed 1003 Loan Applications provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx NJ Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000032186 xxxx 10803540 6000032186-19966 02/25/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Earliest disclosure found was on LE dated 6 weeks after application     Reviewer Comment (2019-03-13): LE dated xx/xx/xxxx provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A A A C A A A Non QM Non QM Yes
xxxx 6000032186 xxxx 10803542 6000032186-4371 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD reflects closing date as xx/xx/xx but notary date is xx/xx/xx     Reviewer Comment (2019-03-11): LOE and Corrected Closing Disclosure provided. Exception has been cleared.
   03/11/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000032186 xxxx 10803543 6000032186-4404 02/25/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Clarity calculated at 113%, CD shows 114%     Reviewer Comment (2019-03-13): Adjusted index
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000032186 xxxx 10803545 6000032186-3907 02/25/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Timing TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/xx/xx/xxxx) Evidence of earlier receipt not provided.     Reviewer Comment (2019-03-13): LE dated xx/xx/xxxx provided in trailing documents


Seller Comment (2019-03-13): LE 09.12.18


Reviewer Comment (2019-03-12): Disclosure tracking summary provided in trailing documents Indicates a loan estimate was provided on xx/xx/xxxx. However, that loan estimate is not in file


Reviewer Comment (2019-03-08): Only CD in file dated 10/05 not within 3 days of app date of 09/07.
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C A A A C A A A Non QM Non QM No
xxxx 6000032186 xxxx 10803547 6000032186-2666 02/25/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Final CD Loan reflects loan dispersed on xx/xx/xxxx .     Reviewer Comment (2019-03-11): Updated disbursement date per the PCCD. Exception has been cleared.


Seller Comment (2019-03-11): I disagree. This loan funded after the rescission was up 11/21/18. See attached PCCD.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A A A C A A A Non QM Non QM Yes
xxxx 6000032186 xxxx 10803575 6000032186-19967 02/25/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Timing File does not evidence the consumer was provided with the Servicing Disclosure within 3 days of the loan application date. Earliest disclosure found was on LE dated 10/15, almost 6 weeks after initial application     Reviewer Comment (2019-03-13): LE dated xx/xx/xxxx provided in trailing documents
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A A A C A A A Non QM Non QM Yes
xxxx 6000032204 xxxx 10812411 6000032204-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The final 1003 provided is not signed by the borrower or the loan originator. Provide a final 1003 signed by the borrowers and the loan originator.     Reviewer Comment (2019-03-07): Provided in trailing documents
 03/07/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10821918 6000032204-23928 02/26/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   File is lacking documentation to verify immigration status. VISA, permanent resident alien card and/or passport are required.     Reviewer Comment (2019-03-08): Certification of Alien Status provided and Permanent Resident Card location in the file. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10822514 6000032204-17814 02/26/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final 1003 is not signed by the borrowers as required.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): see attached
 03/07/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10824195 6000032204-4826 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Legal limit exceeded due to undisclosed fee.             2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032204 xxxx 10824198 6000032204-6411 02/26/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) The file is missing a copy of the seller's CD. Provide a copy of the seller's CD.             2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032204 xxxx 10824199 6000032204-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7522) The Texas Doc Prep Checklist Review fee was not disclosed until the final LE and there is no VCC documented.     Reviewer Comment (2019-03-19): Lender cured on xx/xx/xxxx by refunding the borrower $150. Received copy of the check, LOE, corrected CD, and proof of delivery.


Seller Comment (2019-03-19): Please see attached copy of check and fedex label to Borrower


Seller Comment (2019-03-19): Please see attached PCCD
   03/19/2019   2 B xx/xx/xxxx TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032204 xxxx 10824756 6000032204-3495 02/26/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/11/09/2018) The file contains the final appraisal issued 11/09/2018. The proof of delivery in file is dated xx/xx/xxxx. There are 2 additional issues of the appraisal identified on the desk review that were not provided. An exception has been set to provide all the required documentation.             2 B xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10845952 6000032204-2922 02/27/2019 Credit Property - Appraisal Appraisal Documentation Missing Document: Appraisal not provided   Missing the initial and 1st revised appraisal's. The desk review refer's to an initial appraisal dated xx/xx/xxxx and a revised appraisal dated 10/30/2018. Provide copies of all appraisals issued and evidence of each of their delivery dates to the borrower's.     Reviewer Comment (2019-03-07): Appraisal in file is valid
 03/07/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10848483 6000032204-25579 02/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/11/09/2018) The file contains the final appraisal issued 11/09/2018. The proof of delivery in file is dated xx/xx/xxxx. There are 2 additional issues of the appraisal identified on the desk review that were not provided. An exception has been set to provide all the required documentation.             2 B xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10848484 6000032204-3314 02/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Net Proceeds from Sale of property/Equity On Sold Property) The file is missing the final CD or final settlement statement for the sale of borrower's departing residence. Provide either the final CD or final settlement statement for the sale of the borrower's departing residence.     Reviewer Comment (2019-03-08): CD from departing residence provided. Exception has been cleared.


Seller Comment (2019-03-07): see departing res CD attached to duplicate condition
 03/08/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10848532 6000032204-3677 02/27/2019 Compliance Compliance Federal Compliance 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. This is due to the missing appraisal's and the required delivery documentation for each and missing the final CD or final settlement statement for borrower's departing residence.     Reviewer Comment (2019-03-08): CD from departing residence provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx TX Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
xxxx 6000032204 xxxx 10848533 6000032204-4204 02/27/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. This is due to the missing appraisal's and the required delivery documentation for each and missing the final CD or final settlement statement for borrower's departing residence.     Reviewer Comment (2019-03-22): Received statement for the departing residence.
 03/22/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032204 xxxx 10917150 6000032204-4264 03/04/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 10.30 is less than Guideline PITIA months reserves of 12.00.       Reviewer Comment (2019-03-08): CD from departing residence provided. Exception has been cleared.


Seller Comment (2019-03-07): Total post close reserves - 31 months or $55,701. See final LAS attached
 03/08/2019     1 A xx/xx/xxxx TX Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032284 xxxx 10804967 6000032284-2798 02/25/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Received copy of the final 1003.
 03/08/2019     1 A xx/xx/xxxx CO Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032284 xxxx 10825823 6000032284-4850 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD does not reflect an amount by which total closing costs exceeded the legal limit.     Reviewer Comment (2019-03-08): Received copy of the valid change of circumstance.
 03/08/2019     1 A xx/xx/xxxx CO Second Home Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032284 xxxx 10825831 6000032284-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Subordination Fee. Fee Amount of $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7559) Fee was not disclosed on LE. No valid changed circumstance provided. No cure provided. There is a changed circumstance document issued on xx/xx/xxxx, however the subordination fee was handwritten on and was not disclosed on the corresponding LE.     Reviewer Comment (2019-03-08): Received copy of the valid change of circumstance.
 03/08/2019     1 A xx/xx/xxxx CO Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032284 xxxx 10826049 6000032284-3126 02/26/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CO Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032284 xxxx 10847759 6000032284-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD reflects TIP of 129.443%. Calculated TIP is 127.08200%. ARM Disclosure reflects index value of 2.88%, however that was not an option. Used 2.95688% as it was the lowest index available.             2 B xx/xx/xxxx CO Second Home Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032284 xxxx 10848092 6000032284-6276 02/27/2019 Credit Assets Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution: xxxx Retirement Services / End Date: 06/30/2018 // Account Type: Individual Retirement Account (IRA) / Account Number: 401k, Financial Institution: xxxx / End Date: 08/15/2018 // Account Type: Savings / Account Number: xxx Asset Account Date: 06/30/2018
Asset Account Date: 08/15/2018		   49.86% LTV < 75 guideline max

82 months reserves > 9 months guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on LTV ratio and reserves.


Reviewer Comment (2019-03-08): Assets for xxxx (08/15) and xxxx (06/30) are outside of 90 from close.


Seller Comment (2019-03-08): "disagree with the findings.
Based on the date of the loan’s note, all assets used were within the allowable date. I attached the note, my asset worksheet, the Final LAS (with UW Comm that notes the Wells retirement being partially transferred to the xxxx IRA), and the final 1003. They show the assets used. - see attached documents

"
     03/12/2019 2 B xx/xx/xxxx CO Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032172 xxxx 10809359 6000032172-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   purchase agreement not found in file     Reviewer Comment (2019-03-11): Contract provided. Exception is clear.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D A D A A A A A Non QM Non QM No
xxxx 6000032172 xxxx 10819315 6000032172-17814 02/26/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final 1003 not signed in file     Reviewer Comment (2019-03-11): Final 1003 provided. Exception is clear.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D A D A A A A A Non QM Non QM No
xxxx 6000032302 xxxx 10812369 6000032302-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-12): Provided in trailing documents
 03/12/2019     1 A xx/xx/xxxx NY Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 10812371 6000032302-2904 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Guarantor Agreement not provided         Reviewer Comment (2019-03-11): Guarantors on the loan also signed as individual borrowers.
 03/11/2019     1 A xx/xx/xxxx NY Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 10812711 6000032302-20780 02/26/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing.       Reviewer Comment (2019-03-12): Provided in trailing documents
 03/12/2019     1 A xx/xx/xxxx NY Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 10812727 6000032302-4809 02/26/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Closing Disclosure not found in file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Closing Disclosures
 03/12/2019     1 A xx/xx/xxxx NY Second Home Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 10812728 6000032302-3880 02/26/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. No LE found in file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): LE's and COC's
 03/12/2019     1 A xx/xx/xxxx NY Second Home Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 10813066 6000032302-23698 02/26/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx   184 months reserves > 6 months guideline minimum Aggregator Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves.
     03/12/2019 2 B xx/xx/xxxx NY Second Home Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032302 xxxx 11030830 6000032302-6411 03/12/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller's CD             2 B xx/xx/xxxx NY Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032187 xxxx 10819278 6000032187-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-11): Received copy of the purchase agreement.
 03/11/2019     1 A xx/xx/xxxx CA Investment Purchase   D A D A A A A A N/A N/A No
xxxx 6000032121 xxxx 10831382 6000032121-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-22): Received a copy of the post disaster inspection dated 0xx/xx/xxxx showing no damage.
 03/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032121 xxxx 10834633 6000032121-25513 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 30,205.89 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The final CD disclosed the Amount of estimated Property Costs over Year 1 as $30,205.89 on page 4; however the estimated Property Costs are $35,336.88 per year.     Reviewer Comment (2019-04-16): Lender cured on the PCCD dated 04/15/2019.
   04/16/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10837899 6000032121-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032121 xxxx 10841053 6000032121-4371 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing date of xx/xx/xxxx was corrected on post close CD issued xx/xx/xxxx. Letter of explanation to the borrower of the changes provided.     Reviewer Comment (2019-03-04): Received Post Consummation disclosure and LOE exception has been cured.
   03/04/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10841055 6000032121-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 131.819% but calculated TIP is 129.709%. Used Index Value = 3.052% per Rate Lock document in file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10841056 6000032121-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for various 0% tolerance violations of $1,595 was not provided.     Reviewer Comment (2019-03-20): Received evidence of valid change of circumstance.
 03/20/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10841058 6000032121-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Sellers closing disclosure             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10841064 6000032121-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal operating income statement. Fee Amount of $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75143) Fee was not disclosed on initial Loan Estimate. Fee was disclosed to $200 on LE dated 10/17/2018, but the file is missing a valid change of circumstance for the increase in fee. No evidence of cure provided.     Reviewer Comment (2019-03-20): Received evidence of valid change of circumstance.


Seller Comment (2019-03-20): Please refer to the uploaded COC/Disclosure tracking 10.17.18 (see comments) that reflects change- add departure appraisal fee need a 1007 and 216. Please review and clear suspense


Reviewer Comment (2019-03-19): See exception comment, exception is not for the e-consent.


Seller Comment (2019-03-19): Please see attached esign consent


Reviewer Comment (2019-03-13): E-consent date is blank.


Seller Comment (2019-03-13): Disclosure Tracking


Reviewer Comment (2019-03-11): E-consent date is blank.
 03/20/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10841067 6000032121-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $104.00 exceeds tolerance of $84.00. Insufficient or no cure was provided to the borrower. (7580) Fee disclosed as $84.00 on LE dated xx/xx/xxxx but disclosed as $104.00 on Final Closing Disclosure. Fee was re-disclosed to $104 on LE dated 10/30/2018, but the file does not have a valid change of circumstance for the increase in fee.     Reviewer Comment (2019-03-14): Received copy of the valid COC.


Seller Comment (2019-03-14): COC 10.30.18


Reviewer Comment (2019-03-11): E-consent date is blank.


Seller Comment (2019-03-08): see tracking for all COC conditions
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10848937 6000032121-6542 02/27/2019 Compliance Compliance Federal Compliance 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 $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Fee was not disclosed on initial Loan Estimate. Fee was disclosed to $275 on LE dated 10/17/2018, but the file is missing a valid change of circumstance for the increase in fee. No evidence of cure provided.     Reviewer Comment (2019-03-13): COC provided in trailing documents


Seller Comment (2019-03-13): COC 10.17.18
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032121 xxxx 10848938 6000032121-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal departing residence. Fee Amount of $1,250.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) Fee was not disclosed on initial Loan Estimate. Fee was disclosed to $1,250 on LE dated 10/17/2018, but the file is missing a valid change of circumstance for the increase in fee. No evidence of cure provided.     Reviewer Comment (2019-03-13): COC provided in trailing documents


Seller Comment (2019-03-13): COC 10.17.18
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032276 xxxx 10863411 6000032276-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement       Reviewer Comment (2019-03-11): P&L provided. Exception has been cleared.
 03/11/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032189 xxxx 10812852 6000032189-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-13): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-12): purchase contract
 03/13/2019     1 A xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032189 xxxx 10821134 6000032189-3126 02/26/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx GA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032189 xxxx 10821152 6000032189-6411 02/26/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821265 6000032189-6297 02/26/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $3,829.25 and disclosure timing violations. Missing esign consent.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032189 xxxx 10821266 6000032189-5180 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Line 4 of Section F, number of months is blank.             2 B xx/xx/xxxx GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821267 6000032189-4826 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821268 6000032189-6543 02/26/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $58.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.


Seller Comment (2019-03-15): see attached tracking, e-consent on page 5.


Reviewer Comment (2019-03-13): E-consent was not provided.


Seller Comment (2019-03-12): see attached acknowledgement receipt of LE.


Seller Comment (2019-03-12): purchase contract
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821269 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.


Seller Comment (2019-03-15): provided the tracking confirming the e-consent, please advise if this clears all 7 conditions.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821270 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $435.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821271 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance 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 $22.75 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821272 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821273 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $64.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032189 xxxx 10821276 6000032189-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,544.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304) Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. LE was provided electronically.     Reviewer Comment (2019-03-15): Received evidence of e-consent.
 03/15/2019     1 A xx/xx/xxxx GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032174 xxxx 10852878 6000032174-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2016), 4506 or 4506-T (2017) Missing 4506 form 47.36% LTV < 65 guideline max

831 months reserves > 24 months guideline minimum		 AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on LTV ratio and reserves.
     03/12/2019 2 B xx/xx/xxxx CA Second Home Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032174 xxxx 10853294 6000032174-3126 02/28/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Did not locate a broker fee agreement in file             2 B xx/xx/xxxx CA Second Home Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032174 xxxx 10853495 6000032174-5180 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months were not disclosed on CD dated xx/xx/xxxx             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032174 xxxx 10853497 6000032174-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No dollar amount provided by which the total closing cost exceeded the legal limit.     Reviewer Comment (2019-03-14): Received copy of the valid change of circumstance.
 03/14/2019     1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032174 xxxx 10856027 6000032174-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Did not locate a final 1003 in file     Reviewer Comment (2019-03-12): Received the Final 1003.
 03/12/2019     1 A xx/xx/xxxx CA Second Home Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032174 xxxx 10856520 6000032174-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure dated xx/xx/xxxx was signed xx/xx/xxxx.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032174 xxxx 10856727 6000032174-6542 02/28/2019 Compliance Compliance Federal Compliance 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 $295.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Fee was added to initial CD without a valid change of circumstance, no cure was provided to the borrower.     Reviewer Comment (2019-03-14): Received copy of the valid change of circumstance.


Seller Comment (2019-03-14): Please see attached Disclosure Tracking which reflects the change


Reviewer Comment (2019-03-13): The COC provided did not document the change that occurred.


Seller Comment (2019-03-13): Please see attached LE and valid COC


Reviewer Comment (2019-03-12): The COC provided did not document the change that occurred.


Seller Comment (2019-03-12): Initial CD and COC. Re inspection Fee is already reflected on the initial CD
 03/14/2019     1 A xx/xx/xxxx CA Second Home 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
xxxx 6000032209 xxxx 10829839 6000032209-7115 02/27/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Final Closing Disclosure disclosure disclosed $534.80 initial escrow payment. Post close CD dated 1/2/19 provided to borrower reflects correct initial escrow payment of $549.20.             2 B xx/xx/xxxx VA Primary Purchase   C B A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10862875 6000032209-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $550.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Cure for Appraisal fee for $25.00 was provided.         02/28/2019   1 A xx/xx/xxxx VA Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863211 6000032209-25506 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 2,139.60 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Post close CD dated 1/2/19 provided to borrower reflects correct initial escrow payment of $549.20.     Reviewer Comment (2019-03-11): PCCD corrected the escrow amount


Seller Comment (2019-03-11): Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $549.20 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/11/2019   2 B xx/xx/xxxx VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863212 6000032209-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/710180) Final Closing Disclosure estimated total monthly payment for payment stream 1 did not include water storm tax of $4.80 per month.     Reviewer Comment (2019-03-14): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-14): Please see page 1 of the uploaded PCCD (letter with PCCD). also, PCCD was signed by the Borrower xx/xx/xxxx which acknowledges changes and receipt of doc.


Reviewer Comment (2019-03-12): Lender cured on the PCCD dated xx/xx/xxxx; however, as the payment stream was incorrect, LOE, and proof of delivery is required.


Reviewer Comment (2019-03-11): PCCD corrected the escrow amount


Seller Comment (2019-03-11): Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $183.10 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/14/2019   2 B xx/xx/xxxx VA 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 A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863214 6000032209-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/710181) Final Closing Disclosure estimated total monthly payment for payment stream 2 did not include water storm tax of $4.80 per month.     Reviewer Comment (2019-03-14): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-14): Please see page 1 of the uploaded PCCD (letter with PCCD). also, PCCD was signed by the Borrower xx/xx/xxxx which acknowledges changes and receipt of doc.


Reviewer Comment (2019-03-12): Lender cured on the PCCD dated xx/xx/xxxx; however, as the payment stream was incorrect, LOE, and proof of delivery is required.


Seller Comment (2019-03-11): Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $183.10 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/14/2019   2 B xx/xx/xxxx VA 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 A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863215 6000032209-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/710182) Final Closing Disclosure estimated total monthly payment for payment stream 3 did not include water storm tax of $4.80 per month.     Reviewer Comment (2019-03-14): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-14): Please see page 1 of the uploaded PCCD (letter with PCCD). also, PCCD was signed by the Borrower xx/xx/xxxx which acknowledges changes and receipt of doc.


Reviewer Comment (2019-03-13): As the payment was incorrect, the cure provided was not sufficient. The LOE sent with the corrected PCCD and proof of delivery was not provided.


Seller Comment (2019-03-12): Revised PCCD dated xx/xx/xxxx does reflects the $4.80. Here is the breakdown for Estimated Total Monthly Payment for stream 1-4. See attached for revised PCCD xx/xx/xxxx

Hazard ins $57.17
Taxes $121.13
Storm Water Reserves $4.80
Estimated Total Monthly Payment $183.10


Reviewer Comment (2019-03-12): Lender cured on the PCCD dated xx/xx/xxxx; however, as the payment stream was incorrect, LOE, and proof of delivery is required.


Reviewer Comment (2019-03-11): PCCD corrected the escrow amount


Seller Comment (2019-03-11): Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $183.10 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/14/2019   2 B xx/xx/xxxx VA 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 A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863216 6000032209-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/710183) Final Closing Disclosure estimated total monthly payment for payment stream 4 did not include water storm tax of $4.80 per month.     Reviewer Comment (2019-03-14): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-14): Please see page 1 of the uploaded PCCD (letter with PCCD). also, PCCD was signed by the Borrower xx/xx/xxxx which acknowledges changes and receipt of doc.


Reviewer Comment (2019-03-12): Lender cured on the PCCD dated xx/xx/xxxx; however, as the payment stream was incorrect, LOE, and proof of delivery is required.


Seller Comment (2019-03-11): . Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $183.10 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/14/2019   2 B xx/xx/xxxx VA 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 A A C B A A Non QM Non QM Yes
xxxx 6000032209 xxxx 10863217 6000032209-4675 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/710180) Final Closing Disclosure estimated total monthly payment for payment stream 1 did not include water storm tax of $4.80 per month.     Reviewer Comment (2019-03-14): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-14): Please see page 1 of the uploaded PCCD (letter with PCCD). also, PCCD was signed by the Borrower xx/xx/xxxx which acknowledges changes and receipt of doc.


Reviewer Comment (2019-03-12): Lender cured on the PCCD dated xx/xx/xxxx; however, as the payment stream was incorrect, LOE, and proof of delivery is required.


Seller Comment (2019-03-12): can you provide additional details of the comment?


Reviewer Comment (2019-03-11): PCCD corrected the escrow amount


Seller Comment (2019-03-11): Agree with findings. Revised PCCD dated xx/xx/xxxx was provided reflecting the corrected $183.10 due to Storm Water tax was required. See attachment for PCCD xx/xx/xxxx.
   03/14/2019   2 B xx/xx/xxxx VA 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 A A C B A A Non QM Non QM Yes
xxxx 6000032139 xxxx 10826662 6000032139-5404 02/26/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T (2016), 4506 or 4506-T (2017) 4506-T disclosures have not been provided.     Reviewer Comment (2019-03-11): 4506-T provided. Exception has been cleared.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032139 xxxx 10827387 6000032139-4433 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow - Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan will have an escrow account. (Final/xx/xx/xxxx) Final CD.     Reviewer Comment (2019-02-27): PCCD and LOE issued xx/xx/xxxx.
   02/27/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032207 xxxx 10830365 6000032207-19966 02/27/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. A Loan Estimate was not found in the loan file.     Reviewer Comment (2019-03-11): LE provided in trailing documents
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C A C A C A A A Non QM Non QM Yes
xxxx 6000032207 xxxx 10830367 6000032207-20000 02/27/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. A Loan Estimate was not found in the loan file.     Reviewer Comment (2019-03-11): LE provided in trailing documents
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Good faith redisclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000032207 xxxx 10830369 6000032207-3880 02/27/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $9,905.50 may be required. Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).     Reviewer Comment (2019-03-11): LE provided in trailing documents


Seller Comment (2019-03-11): see attached loan estimates and disclosure tracking.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032207 xxxx 10850891 6000032207-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Not found in the file.     Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C A C A C A A A Non QM Non QM No
xxxx 6000032207 xxxx 11012568 6000032207-4850 03/11/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure for tolerance violations     Reviewer Comment (2019-03-15): Received copy of the valid change of circumstance.
 03/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000032207 xxxx 11012569 6000032207-23897 03/11/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Missing proof of receipt of final loan estimate     Reviewer Comment (2019-03-12): Received evidence of electronic receipt of the Final LE.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032207 xxxx 11012570 6000032207-3988 03/11/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Missing proof of receipt of final loan estimate     Reviewer Comment (2019-03-12): Received evidence of electronic receipt of the Final LE.


Seller Comment (2019-03-12): disclosure tracking provides details of this request along with COC for all changes
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032207 xxxx 11012571 6000032207-6542 03/11/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $872.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Missing change of circumstance to explain addition of fee     Reviewer Comment (2019-03-15): Received copy of the valid change of circumstance.


Seller Comment (2019-03-15): Please see attached COC-LE 12.24.18


Reviewer Comment (2019-03-14): Fee appeared on the 12/24 LE; COC provided stated the change occurred on 12/26


Seller Comment (2019-03-14): Please see attached COC
 03/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE 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
xxxx 6000032220 xxxx 10831309 6000032220-4850 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) A LOE and post close Final CD dated 12/17/18 was provided which reflects the $1.50 of the Recording fee in the lender paid column. However, this amount should be reflected as a lender credit at the bottom of the disclosure. In addition, copy of the refund check to the borrower and evidence of delivery is required.             2 B xx/xx/xxxx AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032220 xxxx 10831319 6000032220-6543 02/27/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $40.00 exceeds tolerance of $35.00 plus 10% or $38.50. Insufficient or no cure was provided to the borrower. (0) A LOE and post close Final CD dated 12/17/18 was provided which reflects the $1.50 of the Recording fee in the lender paid column. However, this amount should be reflected as a lender credit at the bottom of the disclosure. In addition, copy of the refund check to the borrower and evidence of delivery is required.     Reviewer Comment (2019-04-11): Lender cured on the PCCD dated xx/xx/xxxx by refunding the borrower $1.50.
   04/11/2019   2 B xx/xx/xxxx AZ 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 A C B A A Non QM Non QM Yes
xxxx 6000032220 xxxx 10831351 6000032220-4371 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The Final CD shows the closing date of xx/xx/xx and the borrower closed on xx/xx/xx.     Reviewer Comment (2019-03-01): PCCD and LOE issued xx/xx/xxxx to update. Exception cured.
   03/01/2019   1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032220 xxxx 10831468 6000032220-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of (135.84%) but calculated TIP is (134.095%). Used Index Value = (3.128%) per Approval document in file.             2 B xx/xx/xxxx AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032220 xxxx 10856625 6000032220-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Missing signed Final 1003 loan application.     Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10817415 6000032190-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-11): Received copy of the purchase contract.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10822697 6000032190-855 02/26/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-22): Received a copy of the post disaster inspection dated 0xx/xx/xxxx showing no damage.
 03/22/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10822842 6000032190-23923 02/26/2019 Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Lender only     Reviewer Comment (2019-03-27): Received updated policy with correct mortgagee requirement.


Seller Comment (2019-03-27): see attached HOI with corrections to the loss payee including the spelling of our name.


Seller Comment (2019-03-27): see attached HOI with correction to the loss payee "its successors and assigns". thank you.
 03/27/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10823998 6000032190-7038 02/26/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-11): Received Disclosure Tracking.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10823999 6000032190-3988 02/26/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 11/14/2018 not received by borrower at least four (4) business days prior to closing. (Interim/11/14/2018) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-11): Received Disclosure Tracking.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10824708 6000032190-4371 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of xx/xx/xx, but transaction consummation (mortgage notary) date was xx/xx/xxxx.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032190 xxxx 10824709 6000032190-5180 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Line 4 of Section F, number of months is blank.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032190 xxxx 10824710 6000032190-4404 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 117.608% but calculated TIP is 115.752%. Used Index Value = 3.132% per Approval and Mavent document in file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032190 xxxx 10824711 6000032190-4826 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for Appraisal Re-Inspection Fee of $225 was not provided.     Reviewer Comment (2019-03-11): Received Valid COC for added Final Inspection Fee.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032190 xxxx 10850590 6000032190-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032190 xxxx 10856623 6000032190-6542 02/28/2019 Compliance Compliance Federal Compliance 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 $225.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Fee was not disclosed on initial Loan Estimate. Fee was re-disclosed to $225 on LE dated 11/14/2018, but the file does not have a valid change of circumstance for the increase in fee.     Reviewer Comment (2019-03-11): Received Valid COC for added Final Inspection Fee.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000032153 xxxx 10814694 6000032153-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-12): Received copy of the final 1003.


Reviewer Comment (2019-03-12): 1003 provided is for a different loan. Please provide the Final 1003 for 1245 Stuart Ridge.
 03/12/2019     1 A xx/xx/xxxx GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032153 xxxx 10829587 6000032153-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032153 xxxx 10851809 6000032153-4256 02/28/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 714 is less than Guideline representative FICO score of 720. Lender approval reflects exception granted for six point FICO variation with compensating factors. 296 months reserves > 24 months guideline minimum

51.72% LTV < 65 guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves and LTV ratio.
     03/12/2019 2 B xx/xx/xxxx GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000032221 xxxx 10815086 6000032221-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   No evidence of Final 1003 in file     Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx AZ Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
xxxx 6000032221 xxxx 10818388 6000032221-3831 02/26/2019 Credit Credit Miscellaneous Credit Exception:   Note, Mortgage and Initial Escrow Disclosure all reflect a date of xx/xx/xxxx. Entered 2018 in the system due to the date being invalid. 329 months reserves Aggregator Reviewer Comment (2019-03-13): Client acknowledged the incorrect date.


Seller Comment (2019-03-08): please clarify what is needed to clear
     03/13/2019 2 B xx/xx/xxxx AZ Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
xxxx 6000032221 xxxx 10829384 6000032221-23688 02/27/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Missing Lender Documented Value     Reviewer Comment (2019-03-11): Coverage is sufficient
 03/11/2019     1 A xx/xx/xxxx AZ Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
xxxx 6000032221 xxxx 10829503 6000032221-3495 02/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Property was inspected 11/06/2018, report was signed xx/xx/xxxx and the borrower was sent a copy on xx/xx/xxxx.             2 B xx/xx/xxxx AZ Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
xxxx 6000032278 xxxx 10833095 6000032278-24188 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $180.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The appraisal in the loan file disclosed Homeowner Association Dues of $150.00 annually.However, the Final Closing Disclosure issued on xx/xx/xxxx disclosed the Non-Escrowed Property Costs over Year 1 of $180.00. The Approval in the loan file also reflects $180.00 annually. However, there is no other documentation in the loan file verifying the HOA Dues.     Reviewer Comment (2019-03-12): Received verification dues are $180 annually.


Seller Comment (2019-03-11): Please view appraisal page 10 (attached).
 03/12/2019     1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032278 xxxx 10833100 6000032278-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032278 xxxx 10833103 6000032278-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032278 xxxx 10872243 6000032278-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of xx/xx/xxxx, but transaction consummation (mortgage notary) date was xx/xx/xxxx.             2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032278 xxxx 10872244 6000032278-6545 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $205.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (8304)               2 B xx/xx/xxxx CA Second Home Purchase   C B A A C B A A Non QM Non QM Yes
xxxx 6000032170 xxxx 10826309 6000032170-4371 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date of xx/xx/xxxx, however the borrower signed all closing documentation on xx/xx/xxxx. However a Post-Close Closing Disclosure was issued on xx/xx/xxxx with the correct closing date of xx/xx/xxxx.     Reviewer Comment (2019-02-28): The loan file contains a Post-Close Closing Disclosure issued on xx/xx/xxxx reflecting the correct closing date of xx/xx/xxxx along with a Letter of Explanation provided to the borrower the reason for the Post-Close Closing Disclosure.
   02/28/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032170 xxxx 10826310 6000032170-5180 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed Property Taxes of $2,410.12 in section F under Prepaid fees that was paid by seller, however the number of months that the property tax fee covered was not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032170 xxxx 10826337 6000032170-855 02/26/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 11/05/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 There was a FEMA Disaster declared on xx/xx/xxxx, which ended on xx/xx/xxxx, which was after the appraisal was completed. Therefore, a Post-Close Property Inspection is required to verify the property did not incur any damages from the FEMA Disaster.     Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage


Reviewer Comment (2019-03-11): Received a copy of a Desk Review Appraisal Report. Does not include a recent property inspection. Unable to clear exception.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032170 xxxx 10854033 6000032170-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   There is no evidence in loan file of a final 1003 Loan Application in file signed by the borrowers on the closing date.     Reviewer Comment (2019-03-08): Final signed 1003 Loan Application provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032170 xxxx 10862901 6000032170-4256 02/28/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 732 is less than Guideline representative FICO score of 740. According to lender guidelines, the minimum FICO score for a purchase transaction is 740 and borrower's middle FICO is 732. However, according to the approval in the loan file, the lender made an exception using underwriter variance to proceed with the loan. The compensating factors were; (1) borrower has 33.2 months of PITIA in reserves and 24 months is the requirements; (2) disposable income is 3.82% of the loan amount which is $XXXX and 1% was required and, (3) DTI was approved at 20.730%, which was 24.27% less than the maximum of 45%. There was no evidence of an actual lender exception documentation in the loan file, obtained the information from the approval. 20.730% DTI on this (Bank statements) documentation loan <24.27% guideline max - 45% below program guideline maximum

Borrower has employment stability for 22 years in the xxx industry.		 Originator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on DTI ratio and employment history.


Reviewer Comment (2019-03-08): Lender approved a Tier 1 exception. Exception is referred to client for review and disposition.
     03/12/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032170 xxxx 10863639 6000032170-3126 02/28/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. There was no evidence of a Loan Originator Compensation Disclosure to provided borrower information regarding the type of compensation for Broker involved.             2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032170 xxxx 10863640 6000032170-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The final Closing Disclosure issued on xx/xx/xxxx disclosed fees that exceeded the legal limit by either zero or 10% tolerance and no valid change of circumstance was provided along with a cure on the closing disclosure.     Reviewer Comment (2019-03-13): Received copy of the valid change of circumstance.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032170 xxxx 10863642 6000032170-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Certification Fee. Fee Amount of $335.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7517) No valid change of circumstance provided for the add Certification Fee of $335.00. Further, a cure was not provided on the final Closing Disclosure or the Post-Close Closing Disclosure issued xx/xx/xxxx.     Reviewer Comment (2019-03-13): Received copy of the valid change of circumstance.


Seller Comment (2019-03-12): Disagree to the below finding. A valid COC was completed on 11/14/18 within three days of becoming aware.
 03/13/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032217 xxxx 10834058 6000032217-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final signed and dated 1003 missing     Reviewer Comment (2019-03-12): Final 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-12): see corrected 1003


Reviewer Comment (2019-03-08): 1003 provided for xxxx. Please provided a Final singed 1003 for subject property (xxxx).
 03/12/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032217 xxxx 10834080 6000032217-2918 02/27/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided   Suretyship Rider missing     Reviewer Comment (2019-03-12): Suretyship Rider located. Exception has been cleared.
 03/12/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032217 xxxx 10834844 6000032217-25454 02/27/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Loan is to go in a securitization and reflects only one valuation product when two are required.     Reviewer Comment (2019-03-12): CDA provided. Exception has been cleared.
 03/12/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032217 xxxx 10836080 6000032217-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.             2 B xx/xx/xxxx FL Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032217 xxxx 10836084 6000032217-7038 02/27/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.     Reviewer Comment (2019-03-11): Received Disclosure Tracking.
 03/11/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032291 xxxx 10837271 6000032291-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.
 03/11/2019     1 A xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032291 xxxx 10837410 6000032291-22154 02/27/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: 1xx/xx/xxxx Declarations page lists statement: Coverage is effective upon receipt of premium payment. However, coverage dates are noted as xx/xx/xxxx - 01/03/2020.     Reviewer Comment (2019-03-11): Loan disbursed on 01/03; exception cleared.
 03/11/2019     1 A xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032291 xxxx 10838335 6000032291-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx HI Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032291 xxxx 10838338 6000032291-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The Final CD does not reflect closing cost exceeding the limit.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838787 6000032291-6297 02/27/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $2,601.00 and disclosure timing violations. Loan file is missing a copy of the E-sign for the Borrower. Unable to determine if Borrower agreed to electronic emails prior to LE being provided.     Reviewer Comment (2019-03-19): Received evidence of e-consent on 10/25.
 03/19/2019     1 A xx/xx/xxxx HI Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032291 xxxx 10838789 6000032291-6543 02/27/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $122.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Due to loan file is missing a copy of the E-sign for the Borrower ten Percent Fee Tolerance exceeded $122.00.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see attached esign consent


Reviewer Comment (2019-03-11): E-consent date of 11/13 was after initial LE was received electronically.
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838790 6000032291-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) Due to loan file is missing a copy of the E-sign for the Borrower Loan Origination Fee in the amount of $1,695.00 exceeds 0% tolerance     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see uploaded esign consent
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838791 6000032291-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Due to loan file is missing a copy of the E-sign for the Borrower Appraisal fee of $625 exceeds 0% tolerance.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see uploaded esign consent
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838792 6000032291-6542 02/27/2019 Compliance Compliance Federal Compliance 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 $85.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Due to loan file is missing a copy of the E-sign for the Borrower Credit Report Fee of $85 exceeds 0% tolerance.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see uploaded esign consent
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838793 6000032291-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Due to loan file is missing a copy of the E-sign for the Borrower Flood Certification of $10 exceeds 0% tolerance.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see uploaded esign consent
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 10838794 6000032291-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $64.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) Due to loan file is missing a copy of the E-sign for the Borrower Tax Service Fee of $64 exceeds 0% tolerance.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.


Seller Comment (2019-03-20): Please refer to LE xx/xx/xxxx. Document signed xx/xx/xxxx which is the same date as the e consent date. Please review and clear suspense


Reviewer Comment (2019-03-19): Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.


Seller Comment (2019-03-19): Please see uploaded esign consent
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032291 xxxx 11194554 6000032291-6295 03/19/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act – Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. Disclosure will not be used to rebaseline for tolerance purposes and may result in disclosure timing violations. Initial LE sent electronically prior to esign consent may result in a fee tolerance violation of up to $2,601.00. (Initial/xx/xx/xxxx) Initial LE dated xx/xx/xxxx was received electronically; the e-consent date was 10/25.     Reviewer Comment (2019-03-20): Received copy of the initial e-consent.
 03/20/2019     1 A xx/xx/xxxx HI Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10824712 6000032216-2868 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-03-11): Received copy of the purchase agreement.


Seller Comment (2019-03-08): purchase Contract
 03/11/2019     1 A xx/xx/xxxx FL Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10827561 6000032216-3495 02/26/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) No evidence was provided indicating when the borrower received the corrected appraisal.             2 B xx/xx/xxxx FL Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10827562 6000032216-25158 02/26/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock was not provided.             2 B xx/xx/xxxx FL Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10827571 6000032216-6411 02/26/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) seller cd not provided             2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
xxxx 6000032216 xxxx 10854011 6000032216-7038 02/28/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) No evidence was provided verifying when borrower's received the Closing Disclosure.     Reviewer Comment (2019-03-11): Initial CD received xx/xx/xxxx


Seller Comment (2019-03-11): Closing Disclosure
 03/11/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10854096 6000032216-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Lender approved exception of 75% LTV with 70% being the maximum for the product. Compensating factors added. 781 representative FICO score >740 guideline minimum

18.387% DTI on this Bank Statement documentation loan < 43% guideline max		 Originator

Originator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and DTI ratio.
     03/12/2019 2 B xx/xx/xxxx FL Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 10861059 6000032216-583 02/28/2019 Compliance Loan Package Documentation Closing / Title (Doc Error) Security Instrument Error: Notary Date was not provided   Notary date was not provided on the security instrument.             2 B xx/xx/xxxx FL Primary Purchase   D B D B C B A A Non QM Non QM No
xxxx 6000032216 xxxx 11015550 6000032216-23897 03/11/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Missing proof of receipt of final loan estimate prior to receipt of initial CD             2 B xx/xx/xxxx FL Primary Purchase No Defined Cure D B D B C B A A Non QM Non QM No
xxxx 6000032214 xxxx 10820428 6000032214-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Please provide fully executed Final 1003.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10832710 6000032214-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10832735 6000032214-22154 02/27/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: xx/xx/xxxx Hazard policy reflects as effective date of xx/xx/xxxx, however the Note reflects a date of xx/xx/xxxx and the Final CD reflects a disbursement date of xx/xx/xxxx. The property currently has sufficient insurance coverage in place. Aggregator Reviewer Comment (2019-03-12): Client acknowledged based on the property having sufficient coverage in place.
     03/12/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10832880 6000032214-6278 02/27/2019 Credit Credit Credit Documentation Aged document: Credit Report is more than 90 days prior to the note date. Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx Credit report reflects a date of xx/xx/xxxx, however the Note reflects a date of xx/xx/xxxx.     Reviewer Comment (2019-03-12): Only 87 days between credit report and note date.


Reviewer Comment (2019-03-07): Credit report is 91 days prior to notary date of xx/xx/xxxx


Seller Comment (2019-03-07): Disagree with finding: Credit report I still valid. Credit report is dated xx/xx/xxxx and note date is xx/xx/xxxx. 87 total days. see attached days between calc.
 03/12/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10833036 6000032214-3495 02/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/01/16/2019) Appraisal reflect a report date of 01/16/2019, however the Electronic Delivery of Appraisal reflects a date of xx/xx/xxxx.             2 B xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10833305 6000032214-6276 02/27/2019 Credit Assets Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution: xxxx / End Date: xx/xx/xxxx // Account Type: Stocks/Bonds / Account Number: 2260 Asset Account Date: xx/xx/xxxx Most recent account statements reflect a date of xx/xx/xxxx, however the Note reflects a date of xx/xx/xxxx.     Reviewer Comment (2019-03-07): Assets within 90 days. Asset outside 90 days not needed


Seller Comment (2019-03-07): Disagree with finding: Asset statement from xxxx period ending is 10/31/2019. See statement attached. Statement is still valid. 79 total days. see attached days between calc.
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10833392 6000032214-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Please provide additional 8 months statements for #1927, #9031 & #1828 for accounts used to qualify per approval. Per guidelines, most recent 12 months statements for all accounts being considered are required. Bank statements in file are for 07/2018 thru 10/2018. 815 representative FICO score > 740 guideline minimum

50.69% LTV < 60 guideline max		 AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score and LTV ratio.


Reviewer Comment (2019-03-08): A full 12 months statements were not provided.


Seller Comment (2019-03-07): xxxx Statements
     03/12/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032214 xxxx 10833529 6000032214-3831 02/27/2019 Credit Credit Miscellaneous Credit Exception:   Please provide mortgage statement and/or verification that owner occupied property at xxxx is Free & Clear. Property Details in file reflect a mortgage record with a loan amount of $1,000,962 dated 10/19/2012. Subject to re-qualification. 22.8% DTI Aggregator Reviewer Comment (2019-03-22): Client acknowledged as the mortgage is to the borrower's trust.
     03/22/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B B B A A N/A N/A No
xxxx 6000032281 xxxx 10829865 6000032281-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 1xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/1xx/xx/xxxx) Closing Disclosure provided on 1xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan             2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032198 xxxx 10827647 6000032198-2802 02/26/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032198 xxxx 10827749 6000032198-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   There is no final 1003 signed by the borrower or loan officer.     Reviewer Comment (2019-03-08): The Final 1003 has been provided.


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032198 xxxx 10827837 6000032198-6425 02/26/2019 Compliance Compliance Miscellaneous Compliance Alternate source used for application date   There is not a signed or dated 1003 for either the initial 1003 or the final 1003. One of the unsigned 1003's does reflect an application date which is consistent with the date reflected on other documentation.             2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032198 xxxx 10837890 6000032198-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. A Loan Originator Compensation disclosure was not provided.             2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032198 xxxx 10837946 6000032198-4944 02/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxx/Bank Statements) There is no 3rd party documentation provided to verify borrower has been self employed with same business for at least 2 years.     Reviewer Comment (2019-03-14): Received copy of the third party verification of the business.


Seller Comment (2019-03-14): Please see attached Business License and Articles of incorporation
 03/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032198 xxxx 10837971 6000032198-3677 02/27/2019 Compliance Compliance Federal Compliance 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. Due Diligence designation of ATR fail is due to no 3rd party verification of self employment.     Reviewer Comment (2019-03-14): Received copy of the third party verification of the business.


Seller Comment (2019-03-14): Please see uploaded Business license and articles of incorporation
 03/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
xxxx 6000032198 xxxx 10838001 6000032198-4204 02/27/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Loan is not meeting ATR requirements due to no 3rd party verification of self employment for at least 24 months.     Reviewer Comment (2019-03-14): Received copy of the third party verification of the business.
 03/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032178 xxxx 10848515 6000032178-23928 02/27/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-03-11): Documentation provided. Exception has been cleared.


Seller Comment (2019-03-11): Non Citizens Documentation
 03/11/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032178 xxxx 10849576 6000032178-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 115.655% but calculated TIP is 131.807%. Used Index Value = 3.134% per approval document in file.             2 B xx/xx/xxxx CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032178 xxxx 10849577 6000032178-7038 02/27/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-11): Signed CD provided. Exception has been cleared.


Seller Comment (2019-03-11): Closing Disclosure
 03/11/2019     1 A xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032178 xxxx 10853246 6000032178-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.


Seller Comment (2019-03-08): Final 1003
 03/11/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032178 xxxx 10853378 6000032178-3484 02/28/2019 Compliance Compliance State Compliance Colorado Home Loan (Tangible Net Benefit Disclosure Not Signed) Colorado Home Loan (HB1322): Tangible Net Benefit Disclosure (or similar document) not signed by borrower(s).               2 B xx/xx/xxxx CO Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032149 xxxx 10842574 6000032149-5180 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Line 4 of Section F, number of months is blank.             2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032149 xxxx 10842700 6000032149-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx AZ Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032149 xxxx 10854902 6000032149-7038 02/28/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-03-12): Proof of receipt provided in trailing documents


Seller Comment (2019-03-12): see attached disclosure tracking.
 03/12/2019     1 A xx/xx/xxxx AZ Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000032205 xxxx 10837014 6000032205-3880 02/27/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $7,205.59 may be required. Missing Loan Estimate.     Reviewer Comment (2019-03-11): Received initial LE dated 11/19/18.


Seller Comment (2019-03-08): Loan Estimate
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032205 xxxx 10837445 6000032205-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000032205 xxxx 10854524 6000032205-20000 02/28/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Missing Servicing disclosure.     Reviewer Comment (2019-03-11): Received initial LE dated 11/19/18.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Good faith redisclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000032208 xxxx 10827652 6000032208-4961 02/26/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing VOR for primary residence to confirm rental history. 753 representative FICO score > 740 guideline minimum

33.78% DTI on this Full documentation loan < 45% guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on DTI ratio and FICO score.
     03/12/2019 2 B xx/xx/xxxx CT Investment Refinance - Limited Cash-out GSE   C B C B A A A A N/A N/A No
xxxx 6000032208 xxxx 10853983 6000032208-4245 02/28/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 62.11485% exceeds Guideline loan to value percentage of 60.00000%. Lender approved exception for LTV of 62.115% which exceeds maximum allowed of 60%. 753 representative FICO score > 740 guideline minimum

33.78% DTI on this Full documentation loan < 45% guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on DTI ratio and FICO score.
     03/12/2019 2 B xx/xx/xxxx CT Investment Refinance - Limited Cash-out GSE   C B C B A A A A N/A N/A No
xxxx 6000032200 xxxx 10838775 6000032200-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Missing Seller CD.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032200 xxxx 10855679 6000032200-1223 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - K-1 Less 25% Ability-to-Repay (Dodd-Frank 2014): Unable to verify current K-1 (Less than 25% Ownership) status using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Missing YTD P&L.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10855680 6000032200-1231 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - K-1 Less 25% Ability to Repay (Dodd-Frank 2014): Unable to verify K-1 (Less than 25% Ownership) income using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Missing YTD P&L.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided


Seller Comment (2019-03-12): Please see uploaded P&L Balance Sheets
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10855681 6000032200-20305 02/28/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/C-Corp 1120) Missing most recent tax return.     Reviewer Comment (2019-03-12): Provided in trailing documents
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10855682 6000032200-20305 02/28/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule K-1 less than 25 Percent) Missing most recent tax return.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10855683 6000032200-20305 02/28/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule K-1 less than 25 Percent) Missing most recent tax return.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10855685 6000032200-20305 02/28/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule K-1 less than 25 Percent) Missing most recent tax return.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032200 xxxx 10856182 6000032200-3677 02/28/2019 Compliance Compliance Federal Compliance 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. Missing YTD P&L.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided


Seller Comment (2019-03-12): Please see uploaded P&L Balance Sheets
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
xxxx 6000032200 xxxx 10856183 6000032200-4204 02/28/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing YTD P&L.     Reviewer Comment (2019-03-12): 2016-2017 tax returns provided
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000032212 xxxx 10847059 6000032212-6572 02/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)               2 B xx/xx/xxxx WA Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000032212 xxxx 10847060 6000032212-4371 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of xx/xx/xxxx, but transaction consummation (mortgage notary) date was xx/xx/xxxx.             2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032212 xxxx 10847061 6000032212-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure was not provided.             2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032213 xxxx 10831171 6000032213-25454 02/27/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Loan file has one full appraisal, two valuation products are required for securitization.     Reviewer Comment (2019-03-11): Received a Clear Capital desk review dated xx/xx/xxxx which provided a value of $3,650,000, a 0.00% variance from the appraised value of $3,650,000, value supported


Seller Comment (2019-03-11): Disagree with finding. Loan amount is xxx and we require 2 appraisals on loan amounts of 2M or more or cash out of 1.5M or more.
 03/11/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832417 6000032213-20780 02/27/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing.       Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832418 6000032213-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832420 6000032213-20804 02/27/2019 Compliance Compliance State Compliance Massachusetts Mortgage Lender and Broker Regulation (Ability to Repay not Verified) Massachusetts Mortgage Lender and Broker Regulation: File does not contain evidence that analysis of borrower’s ability to repay was performed based on verified income, obligations, assets, and/or employment using PITI payment based on fully indexed rate and fully amortizing payment, if applicable               2 B xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832421 6000032213-4809 02/27/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. File contains no closing disclosures     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.


Seller Comment (2019-03-08): Closing Disclosures
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832422 6000032213-3880 02/27/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. File contains no Loan Estimate.     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.


Seller Comment (2019-03-08): Loan Estimates
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10832633 6000032213-19965 02/27/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure.     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term Good faith redisclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032213 xxxx 10832634 6000032213-20000 02/27/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Unable to locate servicing disclosure in the loan file.     Reviewer Comment (2019-03-08): Missing documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term Good faith redisclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032213 xxxx 10853283 6000032213-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Final signed 1003 Loan Application provided. Exception has been cleared.


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10853291 6000032213-2802 02/28/2019 Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B xx/xx/xxxx MA Second Home Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10993344 6000032213-7038 03/08/2019 Compliance Compliance Federal Compliance 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. (Initial/1xx/xx/xxxx) New Exception after trailing docs received. CD dated xx/xx/xxxx earliest calculated date received is xx/xx/xxxx and the Closing date was xx/xx/xx     Reviewer Comment (2019-03-11): Electronic receipt on xx/xx/xxxx


Seller Comment (2019-03-11): CD
 03/11/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 10993346 6000032213-3988 03/08/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) New Exception after trailing docs received. LE dated xx/xx/xxxx earliest calculated date received is xx/xx/xxxx and the Closing date was xx/xx/xx     Reviewer Comment (2019-03-14): Received evidence of electronic receipt of the final LE.


Seller Comment (2019-03-14): Please see attached disclosure tracking for LE dated 12.20.18 which reflects Borrower viewed message 12.20.18
 03/14/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032213 xxxx 11016888 6000032213-23897 03/11/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure 1xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Missing proof of receipt of final loan estimate prior to receipt of initial CD     Reviewer Comment (2019-03-14): Received evidence of electronic receipt of the final LE.
 03/14/2019     1 A xx/xx/xxxx MA Second Home Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000032202 xxxx 10823592 6000032202-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032202 xxxx 10839764 6000032202-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.             2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032202 xxxx 10839779 6000032202-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx did not disclosed an amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-03-18): Received copy of the valid change of circumstance.
 03/18/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032202 xxxx 10839780 6000032202-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure not located in the file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032202 xxxx 10839782 6000032202-6542 02/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $1,110.00 exceeds tolerance of $895.00. Insufficient or no cure was provided to the borrower. (7507) Tolerance exceeded for Second Appraisal Fee Amount of $1,110.00 exceeds tolerance of $895.00. No cure or valid Change of Circumstance was provided to the borrower.     Reviewer Comment (2019-03-18): Received copy of the valid change of circumstance.


Seller Comment (2019-03-18): Please refer to comments on the COC: departing residence appraisal was upgraded to a full review to support the correct value.


Reviewer Comment (2019-03-14): The COC does not indicate anything that would cause the increase of the appraisal fee.


Seller Comment (2019-03-14): Please see attached COC
 03/18/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032202 xxxx 10861200 6000032202-4702 02/28/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation. Financial Institution: Principal Bank / End Date: xx/xx/xxxx // Account Type: Individual Retirement Account (IRA) / Account Number: xxx All funds for closing and reserves must be sourced and seasoned in account(s) held by the borrower for a minimum of 60 days and must meet all current Portfolio Underwriting Guidelines for acceptability of funds.     Reviewer Comment (2019-03-11): Provided in trailing documents


Seller Comment (2019-03-11): Email and Statement
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032201 xxxx 10854703 6000032201-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000032201 xxxx 10854886 6000032201-4404 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) The disclosed Total Interest Percentage of 113.512% does not match the calculated Interest Percentage of 111.394%.             2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032201 xxxx 10855306 6000032201-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx CPA Letter       Reviewer Comment (2019-03-08): CPA letter for this business not required. Final K-1 in file


Seller Comment (2019-03-08): CPA Letters
 03/08/2019     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000032203 xxxx 10825105 6000032203-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032203 xxxx 10844617 6000032203-3831 02/27/2019 Credit Credit Miscellaneous Credit Exception:   Missing documentation reflecting current terms of Home Equity Line of Credit with xxxx acct # xxx (per Credit Report effective 11/14/218) with a max line amount of $250,000.     Reviewer Comment (2019-03-08): Guidelines state the actual payment should be used. Exception has been cleared.


Seller Comment (2019-03-07): Disagree with finding: Guidelines do not require documentation. Credit report is showing $0 balance.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032203 xxxx 10846279 6000032203-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. 122.793% vs. actual 120.494%             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032203 xxxx 10846280 6000032203-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $0.00             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032203 xxxx 10846283 6000032203-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure not provided.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032203 xxxx 10846285 6000032203-6543 02/27/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $110.00 exceeds tolerance of $38.00 plus 10% or $41.80. Insufficient or no cure was provided to the borrower. (0) Insufficient or no cure provided to the borrower.     Reviewer Comment (2019-04-10): Lender cured on xx/xx/xxxx by disclosing the actual recording fee of $90 and refunding the borrower $48.20. Received copy of the check, LOE, corrected CD, and proof of delivery.
   04/10/2019   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032203 xxxx 10858989 6000032203-4436 02/28/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Missing evidence of date on which the updated appraisal was provided to the Borrowers.             2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10845672 6000032199-5180 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) The number of months of prepaid property taxes disclosed in section F of the final CD was blank. Provide a post-close CD correcting the number of months and a copy of the letter of explanation sent to the borrower disclosing the changes made.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032199 xxxx 10845675 6000032199-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) The Seller Closing Disclosure is missing from the loan file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032199 xxxx 10845989 6000032199-4826 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Closing Cost in Section B or Zero Tolerance were exceeded by $200.00.     Reviewer Comment (2019-03-15): Received copy of the valid change of circumstance.
 03/15/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032199 xxxx 10845990 6000032199-6542 02/27/2019 Compliance Compliance Federal Compliance 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 $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Section B fee of $200.00 for Zero tolerance; Lender credit due to Borrower.     Reviewer Comment (2019-03-15): Received copy of the valid change of circumstance.


Seller Comment (2019-03-15): Please see attached COC 12.27.18


Reviewer Comment (2019-03-11): COCs in file did not document the change that occurred.


Seller Comment (2019-03-08): We disagree to this finding. A valid COC was completed on 12/27/18. 1004D was required due to property located in a FEMA disaster zone.
 03/15/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032199 xxxx 10846377 6000032199-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 The property is located in CA. Provide a post-disaster inspection verifying there was no damage from xxxx. The inspection must include exterior photos and the property must be re-inspected on or after xx/xx/xxxx.     Reviewer Comment (2019-03-11): Subject was inspected 12/27/18 and appraiser notes no apparent damage.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10846406 6000032199-22708 02/27/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $489,000.00 is less than the note amount of $xxx,xxx based on the title evidence in file. Preliminary Title Policy in the amount of $489,000 is less than note amount of $xxx,xxx.     Reviewer Comment (2019-03-11): Received copy of the final title reflecting coverage of $xxx,xxx


Seller Comment (2019-03-08): Final Title Policy
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10846586 6000032199-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The final application is missing from the loan file.     Reviewer Comment (2019-03-11): Received copy of the final 1003.


Seller Comment (2019-03-08): Final 1003
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10846602 6000032199-23931 02/27/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary The file was missing a copy of the final title policy.     Reviewer Comment (2019-03-11): Received copy of the final title reflecting coverage of $550,000.
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10858015 6000032199-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification Missing verification borrower is self employed at least 2 years.     Reviewer Comment (2019-03-12): 2 years verification was located. Exception has been cleared.


Seller Comment (2019-03-12): see attached LOE Manser is 100% owner.
 03/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10858539 6000032199-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Missing 12 month VOR. 55.05% LTV < 70 guideline max

137 months reserves > 12 months guideline minimum		 Aggregator

Aggregator		 Reviewer Comment (2019-03-12): Client acknowledged exception based on LTV ratio and reserves.
     03/12/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032199 xxxx 10879132 6000032199-4404 03/01/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 110.375% but calculated TIP is 108.552. Used Index Value = 3.053% per approval in file.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828331 6000032197-17814 02/26/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   1003 was not signed at closing.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Final 1003
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828333 6000032197-2876 02/26/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   The required document was not found in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Deed of Trust and Riders
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828334 6000032197-2799 02/26/2019 Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided   The required document was not found in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Note & Addendum
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828378 6000032197-23933 02/26/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   The Title Policy was not found in the loan file.     Reviewer Comment (2019-03-12): Received Final Title report.
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828445 6000032197-24490 02/26/2019 Compliance Compliance Federal Compliance Payoff Statement Missing Missing Payoff Statement: Unable to determine if a prepayment penalty was included in the pay-off which may impact high cost findings. Payoff statment was not provided in the loan file.     Reviewer Comment (2019-03-19): Received copy of the title commitment.
 03/19/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828446 6000032197-3126 02/26/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. The required document was not found in the loan file.             2 B xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828448 6000032197-6297 02/26/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $2,806.50 and disclosure timing violations. The required document was not found in the loan file.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828451 6000032197-4607 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table First Change TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on xx/xx/xxxx disclosed a First Change minimum, maximum, and payment period that does not match the actual terms for the loan. (Final/xx/xx/xxxx) Note is missing from the file to verify and confirm dates.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828452 6000032197-4355 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table Maximum Payment TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Maximum Payment amount and period that does not match the actual terms for the loan. (Final/xx/xx/xxxx) Note is missing from the file to verify and confirm dates.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828588 6000032197-1330 02/26/2019 Compliance Compliance Federal Compliance 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. The required document was not found in the loan file.             2 B xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828603 6000032197-6340 02/26/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. The required document was not found in the loan file.             2 B xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828604 6000032197-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828605 6000032197-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $400.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828606 6000032197-6542 02/26/2019 Compliance Compliance Federal Compliance 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 $22.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828608 6000032197-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828609 6000032197-6542 02/26/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $94.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828610 6000032197-6301 02/26/2019 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. Not provided in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): ARM Disclosure
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828611 6000032197-6302 02/26/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. Not provided in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): CHARM Booklet
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828612 6000032197-22137 02/26/2019 Compliance Compliance Federal Compliance Right of Rescission Timing - Note Date used as Transaction Date Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements Security Instrument is missing from the loan file     Reviewer Comment (2019-03-12): Provided in trailing documents
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828613 6000032197-7037 02/26/2019 Compliance Compliance Federal Compliance Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. Not provided in the loan file.     Reviewer Comment (2019-03-12): Received RTC.
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828655 6000032197-4677 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Payment Max Amount TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on xx/xx/xxxx with an increasing payment disclosed the maximum possible amount of principal and interest that does not match the actual maximum amount for the loan. (Final/xx/xx/xxxx) Note was not provided in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828697 6000032197-25513 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 33,373.12 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Verification of property taxes and HOA fees not provided. Taxes reflected on the appraisal as $2,666.50 and HOA documents reflect payment of $100. Lender used taxes of $2,646.66 and HOA of $110.     Reviewer Comment (2019-04-17): Lender cured on the PCCD dated 04/16/2019.
   04/17/2019   2 B xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828698 6000032197-4850 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure provided.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828699 6000032197-7038 02/26/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Evidence of earlier receipt not provided.     Reviewer Comment (2019-03-13): Received evidence of electronic receipt of the initial CD.


Seller Comment (2019-03-12): Disclosure Tracking to reflect receipt of Closing disclosure
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828700 6000032197-7083 02/26/2019 Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing Irregular Transactions TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on xx/xx/xxxx contains a change in APR, loan product or addition of prepayment penalty and was not received by borrower at least three (3) business days prior to consummation Evidence of earlier receipt not provided.     Reviewer Comment (2019-04-03): Received copy of the complete CD.
 04/03/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828701 6000032197-3988 02/26/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Evidence of earlier receipt not provided.     Reviewer Comment (2019-03-12): Provided in trailing documents


Reviewer Comment (2019-03-12): Loan Estimate dated xx/xx/xxxx does not have a proof of receipt prior to 4 days of closing


Seller Comment (2019-03-12): LE's and COC's
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term No Defined Cure D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10828702 6000032197-6543 02/26/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $585.00 exceeds tolerance of $345.00 plus 10% or $379.50. Insufficient or no cure was provided to the borrower. (0) A valid Change of Circumstance or cure not provided for the violation. The initial LE is e-signed but the e-sign consent form was not found in the loan file which is causing the exception.     Reviewer Comment (2019-03-13): Received copy of the initial e-consent.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828711 6000032197-4890 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/711220) Note not provided in the loan file to confirm dates and payment.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828712 6000032197-4890 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/711221) Note not provided in the loan file to confirm dates and payment.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10828713 6000032197-4890 02/26/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/711222) Note not provided in the loan file to confirm dates and payment.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded Note
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10855284 6000032197-4388 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Partial Payments. (Final/xx/xx/xxxx) The question is not answered on the final CD.     Reviewer Comment (2019-03-20): Lender cured on the PCCD dated xx/xx/xxxx.


Seller Comment (2019-03-20): Please see attached Letter to the Borrower 01.14.19


Reviewer Comment (2019-03-19): LOE sent with the PCCD was not provided.


Seller Comment (2019-03-19): Please see attached CD 01.14.19
   03/20/2019   2 B xx/xx/xxxx IL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B D B A A Non QM Non QM Yes
xxxx 6000032197 xxxx 10857312 6000032197-2809 02/28/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - ARM not provided   The ARM rider was not found in the loan file.     Reviewer Comment (2019-03-12): Provided in trailing documents


Seller Comment (2019-03-12): Please see uploaded DOT and Riders
 03/12/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10937926 6000032197-2883 03/05/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Verification of property taxes and homeowner's association fees used by lender not provided in file.     Reviewer Comment (2019-03-13): Received Tax Certificate for tax year 2017.
 03/13/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 10937997 6000032197-5404 03/05/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 4506 or 4506-T   802 representative FICO score > 700 guideline minimum

107 months reserves > 12 months guideline minimum		 AMC

AMC		 Reviewer Comment (2019-03-12): Client acknowledged exception based on reserves and FICO score.
     03/12/2019 2 B xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032197 xxxx 11034506 6000032197-22866 03/12/2019 Compliance Compliance Federal Compliance (Missing Data) Unable to determine if loan is a same lender refi Original Lender was not able to be determined. Unable to determine if correct TILA rescission form was used. Missing Preliminary Title and Payoff Letters. Unable to determine previous Lender.     Reviewer Comment (2019-03-19): Received copy of the title commitment.
 03/19/2019     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   D B D B D B A A Non QM Non QM No
xxxx 6000032285 xxxx 10846129 6000032285-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CO Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032285 xxxx 10846130 6000032285-3082 02/27/2019 Compliance Compliance State Compliance Colorado Home Loan (Tangible Net Benefit Disclosure Not Provided) Colorado Home Loan (HB1322): Loan file does not contain a Tangible Net Benefit Disclosure (or similar document).               2 B xx/xx/xxxx CO Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032285 xxxx 10846433 6000032285-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 110.484% but calculated TIP is 108.381%. Used Index Value = 3.016% per Approval document in file.             2 B xx/xx/xxxx CO Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032285 xxxx 10846980 6000032285-22708 02/27/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $353,500.00 is less than the note amount of $xxx,xxx based on the title evidence in file.       Reviewer Comment (2019-03-11): Received copy of the final title policy with $xxx,xxx in coverage.


Seller Comment (2019-03-08): Final Title Policy
 03/11/2019     1 A xx/xx/xxxx CO Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032285 xxxx 10847077 6000032285-23931 02/27/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment       Reviewer Comment (2019-03-11): Received copy of the final title policy with $359,400 in coverage.
 03/11/2019     1 A xx/xx/xxxx CO Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032285 xxxx 10847119 6000032285-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.


Seller Comment (2019-03-08): Final 1003
 03/11/2019     1 A xx/xx/xxxx CO Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032279 xxxx 10841640 6000032279-5404 02/27/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement       Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): PL Statements
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032279 xxxx 10854095 6000032279-2798 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): Final 1003
 03/07/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000032215 xxxx 10827747 6000032215-2798 02/26/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-11): Received copy of the final 1003.


Seller Comment (2019-03-08): Final 1003
 03/11/2019     1 A xx/xx/xxxx CA Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10850003 6000032215-24789 02/27/2019 Compliance Compliance Federal Compliance Federal LO Compensation Dual Compensation Dodd Frank Loan Originator Compensation: Dual compensation received from both a consumer and person other than consumer.       Reviewer Comment (2019-03-18): Received copy of the LO Compensation disclosure.


Seller Comment (2019-03-18): Please see attached Loan options disclosure
 03/18/2019     1 A xx/xx/xxxx CA Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10850009 6000032215-23897 02/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) No documentation provided to show actual receipt date of interim LE. Presumed receipt date is xx/xx/xxxx. Initial CD issued on xx/xx/xxxx.     Reviewer Comment (2019-03-15): Proof of receipt provided in trailing documents
 03/15/2019     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10850066 6000032215-3988 02/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) No documentation provided to show actual receipt date of interim LE. Presumed receipt date is xx/xx/xxxx. Closing Date on consumer's final CD is xx/xx/xxxx. Actual closing date is xx/xx/xxxx.     Reviewer Comment (2019-03-15): Proof of receipt provided in trailing documents


Seller Comment (2019-03-15): Please see attached Disclosure tracking. LE received 01/08/19
 03/15/2019     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10850115 6000032215-3126 02/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10859928 6000032215-3495 02/28/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)               2 B xx/xx/xxxx CA Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032215 xxxx 10859929 6000032215-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final Closing Disclosure reflects a Closing Date of xx/xx/xxxx, but the transaction consummation mortgage notary date was xx/xx/xxxx. This issue is corrected on the post-closing CD issued on 0xx/xx/xxxx/     Reviewer Comment (2019-03-01): PCCD and LOE issued 1/28/19 to update. Exception cured.
   03/01/2019   1 A xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032211 xxxx 10829123 6000032211-17814 02/27/2019 Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Final 1003 not signed by borrower.     Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032211 xxxx 10829137 6000032211-5180 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Prepaid Tax says (0) months             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032211 xxxx 10829138 6000032211-4404 02/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 111.419% but calculated TIP is (109.592%), which is outside of .003% tolerance. Lender used index of 3.030%.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032211 xxxx 10829139 6000032211-7038 02/27/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Initial Closing Disclosure provided xx/xx/xxxx which is less than 3 business days prior to closing date xx/xx/xxxx.     Reviewer Comment (2019-03-11): Disclosure tracking received. Exception is clear.


Seller Comment (2019-03-08): Disclosure Tracking
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032211 xxxx 10829140 6000032211-3988 02/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Loan Estimate provided xx/xx/xxxx which is less than 4 business days to closing date xx/xx/xxxx.     Reviewer Comment (2019-03-11): Disclosure tracking received. Exception is clear.


Seller Comment (2019-03-08): Disclosure Tracking
 03/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032211 xxxx 10829141 6000032211-6411 02/27/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) The file is missing a copy of the sellers Closing Disclosure.             2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032211 xxxx 10858036 6000032211-2883 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   The file is missing a copy of the tax certificate.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): Tax Cert
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032211 xxxx 10858461 6000032211-2868 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   The file is missing a copy of the full purchase agreement.     Reviewer Comment (2019-03-07): Provided in trailing documents


Seller Comment (2019-03-07): purchase Contract
 03/07/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10831813 6000032240-2868 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   purchase contract not evidenced in loan file. Used data from appraisal.     Reviewer Comment (2019-03-08): purchase Agreement provided. Exception has been cleared.


Seller Comment (2019-03-08): purchase Contract
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10835702 6000032240-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 04/11/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837532 6000032240-20780 02/27/2019 Compliance Compliance Federal Compliance Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xx/xx/xxxx used as disbursement date for compliance testing. Final CD not evidenced in file.     Reviewer Comment (2019-03-08): Missing Documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase   D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837533 6000032240-4809 02/27/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Closing Disclosures in the Loan File TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. There are no CDs evidenced in loan file.     Reviewer Comment (2019-03-08): Missing Documentation provided. Exception has been cleared.


Seller Comment (2019-03-08): Closing Disclosures
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837534 6000032240-6297 02/27/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $0.00 and disclosure timing violations. E-sign consent not evidenced in loan file.     Reviewer Comment (2019-03-08): Missing Documentation provided. Exception has been cleared.
 03/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837535 6000032240-3879 02/27/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Disclosure not evidenced in loan file.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837536 6000032240-6340 02/27/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Disclosure not evidenced in loan file.             2 B xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10837537 6000032240-6302 02/27/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. Disclosure not evidenced in loan file.     Reviewer Comment (2019-03-14): Received evidence of e-consent.


Seller Comment (2019-03-14): see attached disclosure tracking and e-consent.
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000032240 xxxx 10996546 6000032240-6467 03/08/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) New Exception after trailing docs. Seller's Closing Disclosure seller paid fees are $43,724.70 and the Consumer's Final Closing Disclosure seller paid fees are $12,411.30.     Reviewer Comment (2019-03-14): Not material
 03/14/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000032165 xxxx 10833572 6000032165-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: xx/xx/xxxx
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C A B B A A N/A N/A No
xxxx 6000032165 xxxx 10841970 6000032165-24752 02/27/2019 Credit 1003 Document Error Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. Borrower: xxxx       Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Citizen Card
 03/08/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C A B B A A N/A N/A No
xxxx 6000032165 xxxx 10842255 6000032165-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C A B B A A N/A N/A No
xxxx 6000032165 xxxx 10845148 6000032165-1057 02/27/2019 Compliance Compliance Federal Compliance 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. Provided on 7/30/18             2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C A B B A A N/A N/A No
xxxx 6000032232 xxxx 10829804 6000032232-2798 02/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-03-08): Provided in trailing documents


Seller Comment (2019-03-08): Final 1003
 03/08/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10834937 6000032232-6340 02/27/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Service provider list was not provided in the file.             2 B xx/xx/xxxx CA Second Home Refinance - Rate/Term No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10857379 6000032232-2860 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Property located at xxxx reflects mortgage interest expense on the most recent tax returns. Please provide a current mortgage statement for this property and the most recent 12 month pay history.     Reviewer Comment (2019-03-08): 1098 and CPA letter provided. Exception has been cleared.


Seller Comment (2019-03-08): CPA Letter and 1098


Seller Comment (2019-03-08): Disagree with finding: Interest paid is for HOA interest paid. See attached LOE from CPA and 1098 form.
 03/08/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10859783 6000032232-2863 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Pay History not provided   Most recent mortgage history for 212 Loan Servicing was not provided. Please provide satisfactory pay history for the last 12 months.     Reviewer Comment (2019-03-08): Received copy of the payment history showing 0 late payments.


Seller Comment (2019-03-08): VOM
 03/08/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10860399 6000032232-6297 02/28/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $4,192.91 and disclosure timing violations. E-signature agreement was not provided.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.
 03/08/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10860400 6000032232-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.
 03/08/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860401 6000032232-6543 02/28/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,990.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.


Seller Comment (2019-03-08): Disclosure Tracking
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860402 6000032232-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $1,695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7325) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.


Seller Comment (2019-03-08): Disclosure Tracking
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860403 6000032232-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $390.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.


Seller Comment (2019-03-08): Disclosure Tracking
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860404 6000032232-6542 02/28/2019 Compliance Compliance Federal Compliance 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 $43.91 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860405 6000032232-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.


Seller Comment (2019-03-08): Loan Estimate
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860406 6000032232-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $64.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) E-signature agreement was not provided. Once received, testing will be re-ran to determine compliance.     Reviewer Comment (2019-03-08): Received verification of e-consent prior to the initial LE.
 03/08/2019     1 A xx/xx/xxxx CA Second Home 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 B C B A A Non QM Non QM Yes
xxxx 6000032232 xxxx 10860499 6000032232-25367 02/28/2019 Compliance Compliance Federal Compliance Disparity in Occupancy - High Cost 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) Initial 1003 and Lender write up indicates borrower will be occupying the subject as his primary residence.     Reviewer Comment (2019-04-11): Received the final 1003 and the LOE.
 04/11/2019     1 A xx/xx/xxxx CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032232 xxxx 10860643 6000032232-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Expenses for the property located at xxxx was not provided. Please provide evidence of taxes, insurance and HOA (if applicable) to determine correct debt ratio. 804 representative FICO score > 680 guideline minimum Aggregator Reviewer Comment (2019-03-12): Client acknowledged exception based on FICO score.


Reviewer Comment (2019-03-11): Tax and Insurance verification provided, however we are still missing HOA verification. Exception remains.


Seller Comment (2019-03-11): Property Profile
     03/12/2019 2 B xx/xx/xxxx CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032280 xxxx 10841951 6000032280-7087 02/27/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.               2 B xx/xx/xxxx CA Second Home Refinance - Rate/Term   B B A A B B A A Non QM Non QM Yes
xxxx 6000032280 xxxx 10841966 6000032280-6297 02/27/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $4,474.75 and disclosure timing violations. Missing Esign Consent Agreement.             2 B xx/xx/xxxx CA Second Home Refinance - Rate/Term No Defined Cure B B A A B B A A Non QM Non QM No
xxxx 6000032280 xxxx 10869430 6000032280-4404 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Disclosure reflects TIP of 107.162% but calculated TIP is 105.074%. Used Index Value = 3.012% per approval document in file.             2 B xx/xx/xxxx CA Second Home Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032265 xxxx 10849731 6000032265-855 02/27/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 09/04/2016
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-03-21): Received a copy of the post disaster inspection dated 03/19/2019 showing no damage
 03/21/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Home Improvement   C A C A A A A A N/A N/A No
xxxx 6000032371 xxxx 10863094 6000032371-966 02/28/2019 Property Property - Appraisal General Appraisal Requirements Valuation Error: Desk review value not provided. Valuation Type: Desk Review / Valuation Report Date: xx/xx/xxxx Desk review value is insufficent due to lack of comps in the area.     Reviewer Comment (2019-02-28): This was supported by a 2nd full appraisal.
 11/09/2018     1 A xx/xx/xxxx MS Primary Purchase   C A A A A A C A Non QM Non QM No
xxxx 6000032371 xxxx 10863098 6000032371-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $451.00 exceeds tolerance of $400.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) A cure for $51.00 was given at closing to cure the increase in the appraisal fee         11/08/2018   1 A xx/xx/xxxx MS Primary Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863115 6000030708-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure amount of $150 disclosed on the final CD was insufficient; evidence of adequate cure or valid Changed Circumstance not provided. Letter of Explanation & Corrected Closing Disclosure required to cure     Reviewer Comment (2019-02-28): AMC received a valid COC for fee changes or a cure was completed at closing.
 01/22/2019     1 A xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863117 6000030708-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $12,587.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) There was no COC to explain the addition on Discount Points of $12,587 found in file. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD required to cure     Reviewer Comment (2019-02-28): AMC received a VCC for Loan Discount Fee change.


Buyer Comment (2019-02-28): (xxxx)please see revised COC


Reviewer Comment (2019-02-28): AMC received a COC dated 11/29/18 for a loan amount decrease and rate change from 4.25% to 4.375%. COC does not indicate the addition or change of Loan Discount fee from $1,421.00 to $14,818.00. If a valid COC cannot be provided, a refund is due. Corrected CD, LOE, Copy of Refund Check and POD required.


Buyer Comment (2019-02-28): (xxxx)Uploaded COC.
 01/22/2019     1 A xx/xx/xxxx TX 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 C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863118 6000030708-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7522) Sufficient cure for this was provided on the final CD in the amount of $150.     Reviewer Comment (2019-02-28): Cured at closing
 01/22/2019     1 A xx/xx/xxxx TX 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 C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863119 6000030708-6569 02/28/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Desk review has been ordered.     Reviewer Comment (2019-02-28): Desk review received.
 01/04/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863120 6000030708-3677 02/28/2019 Compliance Compliance Federal Compliance 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. Reliable third party verification of co-borrower's three self-employment entities was not provided.     Reviewer Comment (2019-02-28): Received required self-employment verifications.
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase Lender to provide updated ATR/QM status C B C B C B C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863121 6000030708-1223 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - K-1 Less 25% Ability-to-Repay (Dodd-Frank 2014): Unable to verify current K-1 (Less than 25% Ownership) status using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Reliable third party verification of co-borrower's three self-employment entities was not provided.     Reviewer Comment (2019-02-28): Received required self-employment verifications.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863122 6000030708-1231 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - K-1 Less 25% Ability to Repay (Dodd-Frank 2014): Unable to verify K-1 (Less than 25% Ownership) income using reasonably reliable third-party records. (xxxx/Schedule K-1 less than 25 Percent) Reliable third party verification of co-borrower's three self-employment entities was not provided.     Reviewer Comment (2019-02-28): Received required self-employment verifications.
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863123 6000030708-4204 02/28/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Reliable third party verification of co-borrower's three self-employment entities was not provided.     Reviewer Comment (2019-02-28): Received required self-employment verifications.
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863124 6000030708-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Assets used for qualifying must be seasoned 120 days unless pre-approved by client.     Reviewer Comment (2019-02-28): Upon further research, exception has been cleared.
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863125 6000030708-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   A borrower using AU cannot have any employment related component sources of income. Eligibility waiver in file waiving exception 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 767 vs 700

DTI below max by 5% or greater.
26.45759% vs 50.00%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 26.45759% vs 50.00%
FICO score above minimum by 20 points or greater. 767 vs 700
0 X 30 24 month housing history
     01/03/2019 2 B xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863126 6000030708-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing hazard and tax expense for REO properties listed on 1003     Reviewer Comment (2019-02-28): Received Hazard with premium amount. DTI remained within guidelines.


Buyer Comment (2019-02-28): (xxxx)please see docs


Reviewer Comment (2019-02-28): As of xx/xx/xxxx, still have not received verification of the annual hazard insurance premiums for the borrowers rental properties. Upon receipt of the verified premiums, additional conditions may apply.


Reviewer Comment (2019-02-28): Tax information was provided and evidence of insurance however the hazard insurance provided does not reflect the premium amounts for each property to verify expense.


Buyer Comment (2019-02-28): (xxxx)HOI uploaded; Property Data Profile uploaded for REO - Tax
 01/30/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863127 6000030708-25158 02/28/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Consumer rate lock agreement not on file     Reviewer Comment (2019-02-28): Rate lock agreement provided.


Buyer Comment (2019-02-28): (xxxx)Rate Lock Agreement uploaded
 01/08/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000030708 xxxx 10863128 6000030708-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) CD date issued 12/7/2018, date of consummation was xx/xx/xxxx     Buyer Comment (2019-02-28): non-material: Borrowers signed closing documents on different dates.
     01/18/2019 2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000030708 xxxx 10863129 6000030708-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7522) Cured at closing         01/22/2019   1 A xx/xx/xxxx TX Primary Purchase Final CD evidences Cure C B C B C B C A Non QM Non QM Yes
xxxx 6000030643 xxxx 10863131 6000030643-22138 02/28/2019 Credit Income / Employment Income Eligibility The loan was qualified using Bank Statement to verify income, however the borrower is not Self-Employed. Bank Statement program is for self-employed borrowers otherwise ineligible.   Per the EA Plus Guidelines, self-employed Borrowers must have at least 25% ownership in the business to qualify. Per the CPA letter in the file Borrowers 3 and 4 each have 10% ownership or a total of 20% ownership, which is less than what is required by the guidelines for qualifying. Please note that all 4 borrowers own combined 100% of business. Time on Job of 5 years or greater. 18 > 5.

FICO score above minimum by 20 points or greater. 758 > 720.

DTI below max by 5% or greater. 30.39255% < 43%.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elects to waive with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive w/comp factors - ownership aggregates to 100%:
DTI below max by 5% or greater. 30.39255% < 43%.
FICO score above minimum by 20 points or greater. 758 > 720.
Time on Job of 5 years or greater. 18 > 5
     01/09/2019 2 B xx/xx/xxxx MD Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030643 xxxx 10863132 6000030643-4506 02/28/2019 Credit Assets Asset Documentation Missing Document: Asset Documentation not provided   Per the EA Plus 10/18 guidelines Borrowers must provide the most recent 2 months statements to verify the account balances; however, the Borrowers' only provided the November and September 2018 asset statements account ending #4978. The October 2018 statement is required to meet the guideline requirement.     Reviewer Comment (2019-02-28): October bank statement has been provided. Exception cleared.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 01/09/2019     1 A xx/xx/xxxx MD Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030643 xxxx 10863134 6000030643-5180 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) The Final Closing Disclosure does not disclose the number of months of property taxes were collected from the seller in the Prepaids section.     Reviewer Comment (2019-02-28): AMC received PCCD correcting number of months collected of property tax prepaids and LOE. Exception Cured.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
   01/07/2019   2 B xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030643 xxxx 10863135 6000030643-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure amount disclosed on the final CD; evidence of sufficient cure or valid Changed Circumstance not provided.     Reviewer Comment (2019-02-28): VCC provided verifying due to overall cost of transaction borrower requested to re-negotiate and restructure the compensation from lender paid to borrower paid in order to decrease the overall cost of the loan.


Reviewer Comment (2019-02-28): COC dated xx/xx/xxxx was for a loan amount change and a pricing adjustment. On initial CD dated 12/17/18 the Mortgage Broker Fee was added of $26,100 without a valid COC, the on final CD dated xx/xx/xxxx, the Mortgage Broker Fee was reduced to $18,270.00 again without a valid COC. Without a valid COC a refund is due. A Corrected CD, Copy of Refund Check, Letter of Explanation and Proof of Delivery is required to cure.


Reviewer Comment (2019-02-28): A COC dated xx/xx/xxxx, the same date of as Final CD signed by borrower was provided however, change was not at least 3 days before close therefore invalid. Exception remains, please provide a corrected CD, LOX, refund check and proof of delivery.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 01/24/2019     1 A xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030643 xxxx 10863136 6000030643-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $18,270.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73109) Broker fee was disclosed on closing CD issued xx/xx/xxxx, it was not previously disclosed although broker compensation was listed on initial CD. Missing COC for increase.     Reviewer Comment (2019-02-28): VCC provided verifying due to overall cost of transaction borrower requested to re-negotiate and restructure the compensation from lender paid to borrower paid in order to decrease the overall cost of the loan.


Reviewer Comment (2019-02-28): COC dated xx/xx/xxxx was for a loan amount change and a pricing adjustment. On initial CD dated 12/17/18 the Mortgage Broker Fee was added of $26,100 without a valid COC, the on final CD dated xx/xx/xxxx, the Mortgage Broker Fee was reduced to $18,270.00 again without a valid COC. Without a valid COC a refund is due. A Corrected CD, Copy of Refund Check, Letter of Explanation and Proof of Delivery is required to cure.


Buyer Comment (2019-02-28): (xxxx)xxxx - xxxx - 1/10/2019 2:06:11 PM ESTVendor
Seller response:

Please refer to 1026.19 (f)(2)(i) &(ii). The changes must be provided at or before consummation when there is no required waiting period. In this case they were provided at consummation. Refer to (ii) to determine whether a waiting period was needed. In this case there was no product change, addition of a prepayment or an increase of APR by more than .125%. Again, there was no increase in cost to the consumer. There was actually a decrease in cost of over 14k. This should not be an issue. Please have this escalated.



(2) Subsequent changes

Official interpretation of 19(f)(2) Subsequent changes.Show

(i) Changes before consummation not requiring a new waiting period. Except as provided in paragraph (f)(2)(ii), if the disclosures provided under paragraph (f)(1)(i) of this section become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation.



(ii) Changes before consummation requiring a new waiting period. If one of the following disclosures provided under paragraph (f)(1)(i) of this section becomes inaccurate in the following manner before consummation, the creditor shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of paragraph (f)(1)(ii)(A) of this section:

Official interpretation of 19(f)(2)(ii) Changes before consummation requiring a new waiting period.Show

(A) The annual percentage rate disclosed under 1026.38(o)(4) becomes inaccurate, as defined in 1026.22.

(B) The loan product is changed, causing the information disclosed under 1026.38(a)(5)(iii) to become inaccurate.

(C) A prepayment penalty is added, causing the statement regarding a prepayment penalty required under 1026.38(b) to become inaccurate.


Buyer Comment (2019-02-28): (xxxx)Seller response:
Please refer to 1026.19 (f)(2)(i) &(ii). The changes must be provided at or before consummation when there is no required waiting period. In this case they were provided at consummation. Refer to (ii) to determine whether a waiting period was needed. In this case there was no product change, addition of a prepayment or an increase of APR by more than .125%. Again, there was no increase in cost to the consumer. There was actually a decrease in cost of over 14k. This should not be an issue. Please have this escalated.

(2) Subsequent changes
Official interpretation of 19(f)(2) Subsequent changes.Show
(i) Changes before consummation not requiring a new waiting period. Except as provided in paragraph (f)(2)(ii), if the disclosures provided under paragraph (f)(1)(i) of this section become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation.

(ii) Changes before consummation requiring a new waiting period. If one of the following disclosures provided under paragraph (f)(1)(i) of this section becomes inaccurate in the following manner before consummation, the creditor shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of paragraph (f)(1)(ii)(A) of this section:
Official interpretation of 19(f)(2)(ii) Changes before consummation requiring a new waiting period.Show
(A) The annual percentage rate disclosed under 1026.38(o)(4) becomes inaccurate, as defined in 1026.22.
(B) The loan product is changed, causing the information disclosed under 1026.38(a)(5)(iii) to become inaccurate.
(C) A prepayment penalty is added, causing the statement regarding a prepayment penalty required under 1026.38(b) to become inaccurate.


Reviewer Comment (2019-02-28): A COC dated xx/xx/xxxx, the same date of as Final CD signed by borrower was provided however, change was not at least 3 days before close therefore invalid. Exception remains, please provide a corrected CD, LOX, refund check and proof of delivery.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 01/24/2019     1 A xx/xx/xxxx MD 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
xxxx 6000030643 xxxx 10863137 6000030643-6297 02/28/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Missing e-consent.     Reviewer Comment (2019-02-28): AMC received E Consent dated xx/xx/xxxx. Exception Cleared.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 01/07/2019     1 A xx/xx/xxxx MD Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863152 6000030014-6297 02/28/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Evidence of E-Sign Consent disclosure not found in loan file.     Reviewer Comment (2019-02-28): E-sign document provided


Reviewer Comment (2019-02-28): AMC received E Consent for coborrower dated xx/xx/xxxx. Please provide E Consent for borrower to determine if exception can be cleared.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863153 6000030014-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC previously received xx/xx/xxxx CD correcting close date and LOE. Exception Cured.


Buyer Comment (2019-02-28): (xxxx)please see docs
   01/14/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030014 xxxx 10863154 6000030014-4613 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) The number of months are not listed on the CD. Data is still not accurate on subsequent CD. Please provide a corrected CD and an LOE to the borrower to cure this exception.     Buyer Comment (2019-02-28): non-material: prepaid item was balance on previous policy and does not breakdown to months.
     01/17/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030014 xxxx 10863155 6000030014-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $7,984.25 exceeds tolerance of $5,919.00. Insufficient or no cure was provided to the borrower. (7200) Fee disclosed as $5,919 on LE dated 11/2/18 and as $7,984.25 on Final CD. File as a COC issued xx/xx/xxxx which reflects an increase in the origination fees due to new information particular to this borrower, however there is no explanation of what the new information is or how it affects the fee. Please provide a either a VCC reflecting information received causing the discount points to increase in order o cure this exception or a corrected CD, LOE to borrower, copy of the refund check, proof of delivery to cure this exception.     Reviewer Comment (2019-02-28): AMC received VCC for fee change.


Seller Comment (2019-02-28): The loan estimate has an issue date of 11/27/2018 and the Change of circumstance states the lender was made aware of the change on 11/28/20118 and re-issued the Revised LE on xx/xx/xxxx. Based on the documents provided unable to re-baseline since the LE was issued prior to the lender being made aware of the change.


Reviewer Comment (2019-02-28): The exception is not related to the issue date of the 11/14/2018 CD we have addressed and updated that CD to reflect xx/xx/xxxx. This exception is related to the 11/27/2018 Loan Estimate and the points increasing to $7,984. The loan estimate has an issue date of 11/27/2018 and the Change of circumstance states the lender was made aware of the change on 11/28/20118 and re-issued the Revised LE on xx/xx/xxxx. Based on the documents provided unable to re-baseline since the LE was issued prior to the lender being made aware of the change.


Buyer Comment (2019-02-28): (xxxx)please review in conjunction with exception 9897557. The issue date of 11/14 CD and incorrect and was actually issued on 12/14. The fees changed on the 11/29 LE with a corresponding VCC.


Reviewer Comment (2019-02-28): No changed circumstance was located in the loan file. Loan discount points increased on the 11/27 LE from the 11/2 CD. In order to address the exception please forward documentation of the changes, or LOE, PCCD, copy of refund check and proof of delivery..


Seller Comment (2019-02-28): CD was actually disclosed on xx/xx/xxxx, the fees changed on the xx/xx/xxxx LE, not on the intital CD.


Reviewer Comment (2019-02-28): AMC re reviewed exception. The fee increased on the 11/27/2018 LE however the COC was issued after the increase on xx/xx/xxxx. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Reviewer Comment (2019-02-28): Changed circumstance is dated xx/xx/xxxx, however the fees changed on the 11/14/2018 CD. Refund check, PCCD, LOE and proof of delivery is required in order to address the exception.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/30/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030014 xxxx 10863156 6000030014-4846 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $15,890.78. Data is still not accurate on subsequent CD. Please provided a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC received PCCD correcting closing costs financed and LOE. Exception Cured.


Reviewer Comment (2019-02-28): Unable to clear exception; document was not located in the loan file. Unable to address the exception at this time.


Buyer Comment (2019-02-28): (xxxx)please see docs
   01/25/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030014 xxxx 10863157 6000030014-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $2,065.25 due to increase in discount points. Please provide either a VCC to justify this increase or a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC received VCC for fee change.
 01/30/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030014 xxxx 10863158 6000030014-23895 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/11/27/2018) The CD is dated xx/xx/xx. The LE is dated 11/27/18 which is after the CD date.     Reviewer Comment (2019-02-28): AMC received required documents, exception is cleared.


Seller Comment (2019-02-28): CD was issued on xx/xx/xxxx.


Reviewer Comment (2019-02-28): Unable to clear exception, attestation refrences a CD dated xx/xx/xxxx, and that document was not located in the loan file. Unable to address the exception at this time.


Buyer Comment (2019-02-28): (xxxx)please see docs


Reviewer Comment (2019-02-28): The exception is due to a CD issued 11/14/2018 which was issued prior to LEs issued 11/28/18 and 11/29/18.


Buyer Comment (2019-02-28): (xxxx)Please refer to date/time stamp on Initial CD stating xx/xx/xxxx
 01/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863159 6000030014-23895 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/xx/xx/xxxx) The CD is dated xx/xx/xx. The LE is dated 11/29/18 which is after the CD date.     Reviewer Comment (2019-02-28): AMC received required documents, exception is cleared.


Seller Comment (2019-02-28): CD was issued on xx/xx/xxxx


Reviewer Comment (2019-02-28): AMC received comment. Please provide a corrected xx/xx/xxxx CD to cure.


Buyer Comment (2019-02-28): (xxxx)Please review the CD with an issue date of 11/14/18. The time stamp on the bottom of the document shows the CD was generated on xx/xx/xxxx. The attestation is stating the 11/14/18 was an input error.


Reviewer Comment (2019-02-28): Unable to clear exception, attestation references a CD dated xx/xx/xxxx, and that document was not located in the loan file. Unable to address the exception at this time.


Buyer Comment (2019-02-28): (xxxx)Please refer to date/time stamp on initial cd stating xx/xx/xxxx
 01/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863160 6000030014-2811 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-02-28): Received lender attestation explaining why AUS was not obtained.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863161 6000030014-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing a letter of explanation for the decline in income from $20,159.18 in the last 12 months to $15,239.01 in the last 6 months.     Reviewer Comment (2019-02-28): Received LOE from borrower.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/16/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030014 xxxx 10863162 6000030014-4824 02/28/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Tax Service fee is paid to the Lender. Data is still not accurate on subsequent CD. Please provide a corrected CD to cure this exception.     Reviewer Comment (2019-02-28): AMC received Corrected CD


Reviewer Comment (2019-02-28): AMC received PCCD for incorrect file.


Buyer Comment (2019-02-28): (xxxx)please see docs
   01/15/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030701 xxxx 10863167 6000030701-7036 02/28/2019 Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal provided was prepared for xxxx xxxx not the lender     Buyer Comment (2019-02-28): Non-material


Reviewer Comment (2019-02-28): Appraisal disclosed the Lender/Client as xxxx xxxx. As of xx/xx/xxxx, still have not received an appraisal transfer letter from xxxx xxxx to the subject loan lender of xxxx.
     01/17/2019 2 B xx/xx/xxxx TX Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030701 xxxx 10863169 6000030701-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) LE provided on 12/10 indicated real estate tax estimate of $2,535, initial CD dated 12/18 reflected the real estate taxes as $3,055.40. Loan file did not contain a change circumstance regarding the increase in this fee     Reviewer Comment (2019-02-28): Exception cleared pending xxxx workgroup clarification on Good Faith threshold testing


Buyer Comment (2019-02-28): (xxxx)Seller response:

Certainty Home Loans - xxxx - 2h agoPortal
There is an unlimited tolerance for the escrow account in section G. We shouldnt need to re-disclose (or cure) for changes to the escrow amounts.


Seller Comment (2019-02-28): There is an unlimited tolerance for the escrow account in section G. We shouldnt need to re-disclose (or cure) for changes to the escrow amounts.
 01/14/2019     1 A xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030701 xxxx 10863170 6000030701-25371 02/28/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Property Taxes. Fee Amount of $3,055.40 exceeds tolerance of $2,535.00. Insufficient or no cure was provided to the borrower. (8807) LE provided on 1210 indicated real estate tax estimate of $2,535, initial CD dated 12/18 reflected the real estate taxes as $3,055.40. Loan file did not contain a change circumstance regarding the increase in this fee     Reviewer Comment (2019-02-28): Exception cleared pending xxxx clarification on Good Faith threshold testing


Buyer Comment (2019-02-28): (xxxx)Seller response:

Certainty Home Loans - xxxx - 2h agoPortal
There is an unlimited tolerance for the escrow account in section G. We shouldnt need to re-disclose (or cure) for changes to the escrow amounts.


Seller Comment (2019-02-28): There is an unlimited tolerance for the escrow account in section G. We shouldnt need to re-disclose (or cure) for changes to the escrow amounts.
 01/14/2019     1 A xx/xx/xxxx TX 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
xxxx 6000030701 xxxx 10863172 6000030701-2924 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   The loan file does not contain a fraud report.     Reviewer Comment (2019-02-28): Received the Fraud Report along with GSA and LDP searches to address the possible SAM.gov matches for the realtor, appraiser, title company and seller.


Buyer Comment (2019-02-28): (xxxx)Doc uploaded 1/11 and 1/14
 01/17/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030701 xxxx 10863173 6000030701-25207 02/28/2019 Credit Guideline Guideline Issue Guideline Requirement: Documented income duration did not support the minimum guideline required duration.   Borrower 2 has less than 1 year of business returns and using the 1 year tax return program. His business just incorporated xx/xx/xxxx. DTI below max by 5% or greater. 28.2% vs 43%

PITIA reserves above minimum by 6 months or greater. Investor requires 6 months, borrower's has 31 months reserves		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Waived with compensating factors per clients pre-approved waiver list.
     01/09/2019 2 B xx/xx/xxxx TX Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000029998 xxxx 10863176 6000029998-7037 02/28/2019 Compliance Compliance Federal Compliance Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. The loan file does not contain a Notice of Right to Cancel; however, the the subject transaction is a rate and term refinance of property that is under construction.     Reviewer Comment (2019-02-28): Construction to Perm does not require RTC.


Buyer Comment (2019-02-28): (xxxx)This property was new construction. The borrower did not occupy the property prior to closing so a Notice of Right to Cancel was not provided.


Seller Comment (2019-02-28): This property was new construction. The borrower did not occupy the property prior to closing so a Notice of Right to Cancel was not provided.
 01/22/2019     1 A xx/xx/xxxx LA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A C A C A A A Non QM Non QM Yes
xxxx 6000029998 xxxx 10863177 6000029998-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Missing verification of PITI for property located at xxxx.     Reviewer Comment (2019-02-28): Received credit supplement which verifies the full PITI payment.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/22/2019     1 A xx/xx/xxxx LA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000029998 xxxx 10863178 6000029998-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $2,125 due to increase in discount points. This exception will be cleared upon the receipt of an explanation regarding changes made to the loan amount and loan term as indicated on the COC.     Reviewer Comment (2019-02-28): Upon further review, the exception is cleared.
 01/23/2019     1 A xx/xx/xxxx LA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000029998 xxxx 10863179 6000029998-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee not disclosed on LE dated 11/8/2018 and as $2,125 on Final CD. File has a COC dated 11/27/2018 which indicates a Loan a amount and loan term change resulting in an increase in discount points, however the COC does not give a reason for the loan amount or loan term changes. Please provide an explanation justifying these changes to cure this exception.     Reviewer Comment (2019-02-28): Upon further review, the exception is cleared.


Buyer Comment (2019-02-28): (xxxx)per seller, the increase is the discount fee was for an escrow waiver fee. The loan was initially disclosed with escrows.
 01/23/2019     1 A xx/xx/xxxx LA Primary Refinance - Rate/Term 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
xxxx 6000030707 xxxx 10863181 6000030707-23688 02/28/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage of $600,000 is insufficient to cover estimated cost new $695,850 (per appraisal report) or loan amount of $xxx,xxx     Reviewer Comment (2019-02-28): Received copy of e-mail from insurance agent with the price per square footage to estimate the insurance estimated replacement cost.


Buyer Comment (2019-02-28): (xxxx)Email from Insurance company was delivered with the file regarding the calculation for replacement cost per NY law.
 01/16/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030707 xxxx 10863182 6000030707-25293 02/28/2019 Credit Guideline Guideline Issue Margin is ineligible per guidelines. Product: 5/1 ARM; Margin: 5.00000% Per guidelines, margin max is 3.50%; note reflects 5%. FICO score above minimum by 20 points or greater (781 vs 740 minimum)

Residual income above the minimum required ($7,955.23 vs $2,650.00 required)		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive based on compensating factors:
Residual income $1000 above the minimum required (7955.23 vs $2650 required)
FICO score above minimum by 20 points or greater (781 vs 740 minimum)


Reviewer Comment (2019-02-28): Per EA Plus Overlay (xx/xx/xxxx), the max allowable margin for the subject ARM loan is 3.50%. Note verifies the margin is 5%. A client waiver or exception approval with compensating factors is required to waive or clear this exception.
     01/31/2019 2 B xx/xx/xxxx NY Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030707 xxxx 10863183 6000030707-6411 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Evidence of Seller's closing disclosure is missing from the file.     Reviewer Comment (2019-02-28): Seller CD provided


Seller Comment (2019-02-28): hello
The Seller CD was sent with the file. Please see page 480 & 481 of the file upload.
Please clear


Reviewer Comment (2019-02-28): Seller CD received is not the Seller CD for the subject property. Please provide Seller CD for subject property.


Buyer Comment (2019-02-28): (xxxx)please see seller cd
 01/24/2019     1 A xx/xx/xxxx NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030707 xxxx 10863184 6000030707-6305 02/28/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Evidence of ARM disclosure is missing from the file.     Reviewer Comment (2019-02-28): Subject loan was originated as a fixed rate loan and then changed to an ARM loan on xx/xx/xxxx. ARM disclosure was provided on the day of the loan program change.
 01/16/2019     1 A xx/xx/xxxx NY Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000030707 xxxx 10863185 6000030707-25258 02/28/2019 Compliance Compliance Federal Compliance CHARM Booklet Provided Through Home Loan Toolkit TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet provided to the borrower through Home Loan Toolkit.       Buyer Comment (2019-02-28): non-material. Borrower received CHARM booklet.
     01/14/2019 2 B xx/xx/xxxx NY Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030707 xxxx 10863186 6000030707-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower percentage of ownership of business. 1003 states co-owner however UTD if at least 50%     Reviewer Comment (2019-02-28): Received updated and signed CPA letter dated xx/xx/xxxx that verifies the borrower has 50% ownership in the business.


Buyer Comment (2019-02-28): (xxxx)please see docs


Reviewer Comment (2019-02-28): As of 01/16/2019, still have not received documentation to verify borrower's percentage of ownership via a CPA letter, Operating Agreement, or equivalent as required by EA Plus Overlay (xx/xx/xxxx). File contains a NY entity status however, the document does not verify percent of ownership.
 01/31/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030707 xxxx 10863187 6000030707-17648 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) $23.85 Water Bill not listed on the Buyer's CD as a Seller paid fee.     Reviewer Comment (2019-02-28): cleared
 01/24/2019     1 A xx/xx/xxxx NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030808 xxxx 10863191 6000030808-22708 02/28/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $310,000.00 is less than the note amount of $xxx,xxx based on the title evidence in file. Title Commitment reflects proposed Policy Amount of $310,000 which is insufficient to cover the loan amount of $xxx,xxx.     Reviewer Comment (2019-02-28): Received Short Form Final Title which verifies the Policy Amount is $xxx,xxx
 01/31/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000030808 xxxx 10863192 6000030808-23931 02/28/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment       Reviewer Comment (2019-02-28): Received Short Form Final Title.
 01/31/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000030808 xxxx 10863193 6000030808-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD disclosed a Closing Date of xx/xx/xxxx and actual date of consummation is xx/xx/xxxx per Security Instrument. Corrected closing disclosure and letter of explanation to borrower required to cure.     Reviewer Comment (2019-02-28): Received Letter of Explanation and Corrected CD required to cure.
   01/31/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000030808 xxxx 10863194 6000030808-25371 02/28/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Property Taxes. Fee Amount of $2,037.54 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8807) Binding LE did not disclose Property Taxes of $2,037.54 disclosed on the Consumer's Final CD. Cure for tolerance violation was not provided.     Reviewer Comment (2019-02-28): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/14/2019     1 A xx/xx/xxxx CA 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
xxxx 6000030808 xxxx 10863195 6000030808-2666 02/28/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Final CD disclosed a Disbursement Date of 01/02/19, however, Notice of Right to Cancel disclosed cancellation date of 01/02/18 which would make the disbursement date on 01/03/18. Letter of explanation, proof of delivery, and re-open rescission using the correct model form required to cure     Reviewer Comment (2019-02-28): Received post-closing CD dated xx/xx/xxxx which disclosed the correct closing and disbursement dates.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/31/2019     1 A xx/xx/xxxx CA 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 A A A Non QM Non QM Yes
xxxx 6000030808 xxxx 10863196 6000030808-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing explanation for large deposits exceeding 50% of the borrower's income. Business bank statements - xx/xx/xxxx - $12,500, 5/23/18 - $13,200, 9/6/17 - $5582.54, 6/22/17 - $31,250, 5/1/17- $23,250 77.57 months reserves > 6 months guideline minimum

0 X 30 24 month housing history		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elected to waive with compensating factors.


Buyer Comment (2019-02-28): (xxxx)Borrower is a realtor and his business model does call for large deposits intermittently. 3 of the deposits on 5/7, 5/23 and 6/22 came directly from escrow. xxxx elects to waive with compensating factors:
5 years minimum in subject property. Borrower has owned the subject property since 12/13/04 (14 years).
0 X 30 24 month housing history
77 months reserves
     01/16/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000030808 xxxx 10863198 6000030808-2811 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS or attestation as to why loan does not meet conventional financing     Reviewer Comment (2019-02-28): Received 1008 with lender attestation why no AUS was obtained.


Seller Comment (2019-02-28): 1008 attached with attestation.
 01/16/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000030712 xxxx 10863201 6000030712-2916 02/28/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided   Valuation reflects property is located in PUD development; however, PUD rider is missing from the file.     Reviewer Comment (2019-02-28): Title report and property tax record both indicate subject property is designated a single family dwelling.


Seller Comment (2019-02-28): Page 9 of the title report states that the property is a single family dwelling home.
 01/18/2019     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
xxxx 6000030712 xxxx 10863203 6000030712-25158 02/28/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Evidence of rate lock is missing from the file.     Reviewer Comment (2019-02-28): Received the rate lock confirmation.


Reviewer Comment (2019-02-28): Did not locate and document that reflects the date the rate was locked.


Seller Comment (2019-02-28): Please see attached rate lock confirmation.
 01/22/2019     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
xxxx 6000030712 xxxx 10863204 6000030712-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final disclosure reflects closing date of xx/xx/xxxx; however, notary date reflects xx/xx/xxxx. Post closing CD on file however still need letter of explanation to borrower to cure exception     Buyer Comment (2019-02-28): non-material: Closing date was corrected on PC CD, missing LOE for clerical update only.


Reviewer Comment (2019-02-28): Closing date was not corrected until 1/2/19 on a Post Close CD. A Letter of Explanation provided to Borrower with PC CD is needed to cure.


Seller Comment (2019-02-28): It appears you are reviewing our docs CD the docs CD is dated xx/xx/xxxx for a xx/xx/xxxx signing date. Unfortunately, signing was delayed and the borrowers signed on xxxx. This is ok as our docs CD is not our lender final CD. Attached is the final CD.
     01/28/2019 2 B xx/xx/xxxx NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000030712 xxxx 10863205 6000030712-25371 02/28/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Homeowners Insurance Premium. Fee Amount of $932.50 exceeds tolerance of $100.00. Insufficient or no cure was provided to the borrower. (8500) HOI premium of $932.50 was disclosed as $100 on binding LE; no cure provided at closing.     Reviewer Comment (2019-02-28): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/14/2019     1 A xx/xx/xxxx NV 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 A C B C A Non QM Non QM Yes
xxxx 6000030712 xxxx 10863206 6000030712-25371 02/28/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Property Taxes. Fee Amount of $1,889.54 exceeds tolerance of $583.00. Insufficient or no cure was provided to the borrower. (8807) Property taxes of $1,889.54 was disclosed as $583 on binding LE; no cure provided at closing.     Reviewer Comment (2019-02-28): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/14/2019     1 A xx/xx/xxxx NV 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 A C B C A Non QM Non QM Yes
xxxx 6000030712 xxxx 10863207 6000030712-6346 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether property taxes are included in escrow. (Final/xx/xx/xxxx) Final closing disclosure pages one and four reflect taxes are being included in the escrows; however, page two does not reflect pre-paids for taxes in section G.     Reviewer Comment (2019-02-28): Upon further review, the exception is cleared.


Buyer Comment (2019-02-28): (xxxx)the amount of taxes paid at closing was $1889.54 which covered 12/1 & 2/1 installments. We are impounding for the 8/1/19 installment but we, xxxx, remove the 2 months cushion to reflect 0 (this is standard for all NV properties). The property taxes are being properly impounded but there is no cushion.


Reviewer Comment (2019-02-28): Taxes are paid quarterly and according to the tax bill from the County, the next tax payment is due on 1/7/19 of $944.77 with $1,889.54 due at closing. Loan closed on xx/xx/xxxx. The escrow amount for taxes should have been 3 mos to cover the next amount due since the first payment is not until 2/1/19. A Corrected CD, copy of refund check, if applicable, Right to Cancel reopened and expired, Letter of Explanation, along with Proof of Delivery is required to cure.


Seller Comment (2019-02-28): The borrowers are impounding for property taxes. For NV, we have to update the escrow supplement months to 0. Please see attached confirmation screenshot.
 01/25/2019     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other 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 C A Non QM Non QM Yes
xxxx 6000030712 xxxx 10863208 6000030712-4607 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table First Change TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on xx/xx/xxxx disclosed a First Change minimum, maximum, and payment period that does not match the actual terms for the loan. (Final/xx/xx/xxxx) Minimum first change payment on page four reflects $2,227; however, page one reflects minimum first change payment of $2,280.     Reviewer Comment (2019-02-28): per escalated review, ok to clear based on I/O period.


Reviewer Comment (2019-02-28): First change amount on page 4 for Adjustable Payment (AP) Table does not match page 1 for the minimum payment amount for the first change period. A Corrected CD and Letter of Explanation is required to cure.


Seller Comment (2019-02-28): In reviewing the CD dated xx/xx/xxxx These are two items that do not go together. If you review page 1, the projected payments section shows that at year 6 the max payment would be $2280. If you review page 4, in the AP table, the first change / amount reads $2227 - $3738 at 121st payment which would equal roughly 10 years.
 01/24/2019     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000030712 xxxx 10863209 6000030712-22166 02/28/2019 Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx Per ASC.gov, the appraiser did not have an active certification at the time of the appraisal. Certification active from 2/5/208-9/30/2009, then again from 12/7/2012 to 12/6/2016 and then re-certified after the appraisal was completed on 1/1/2019     Reviewer Comment (2019-02-28): Copy of Appraiser License included in file. Licensed from 12/29/2016 to xx/xx/xxxx.


Seller Comment (2019-02-28): Please see attached email confirming valid Appraiser license at the time of appraisal.
 01/18/2019     1 A xx/xx/xxxx NV Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
xxxx 6000030043 xxxx 10863231 6000030043-7038 02/28/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) The initial CD was issued 1/3/2019 and the closing date is xx/xx/xxxx, this is only 2 business days.     Reviewer Comment (2019-02-28): AMC received xx/xx/xxxx CD indicating receipt the same day. Exception Cleared.


Buyer Comment (2019-02-28): (xxxx)please review... borrower rec'd CD on the 3rd and Saturday is included in the 3 day waiting period from CD to consummation:
Signed/Dated CD Received Thursday xx/xx - Day 1
Friday xx/xx - Day 2
Saturday xx/xx - Day 3
Borrower's closed on Monday xx/xx - Day 4


Reviewer Comment (2019-02-28): Unable to clear this exception at this time. No CD in file issued earlier than xx/xx/xxxx.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/30/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
xxxx 6000030789 xxxx 10863237 6000030789-4961 02/28/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing VOM of xxxx. Per final 1003 it was owned free and clear but per initial 1003 there is a mortgage payment of $1,000. Per property history there was a seller carried $240,000 trust deed in 2015, no evidence of release was located.     Reviewer Comment (2019-02-28): Received 12 months bank statements reflecting $1,000.00 paid to xxxx. Copy of Private Note to xxxx also provided.


Buyer Comment (2019-02-28): (xxxx)please see 24 months showing $1000 being paid to private party
 01/23/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000030698 xxxx 10863243 6000030698-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $900 due ti increase in Investor Review Fee. Please provide either a VCC to justify this increase or a corrected CD and a LOE to the borrower.     Reviewer Comment (2019-02-28): AMC received VCC for fee change.
 01/25/2019     1 A xx/xx/xxxx OK Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030698 xxxx 10863244 6000030698-4824 02/28/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Investor Review fee paid to Lender. Data still not accurate on subsequent CD. Please provide a corrected CD to cure this exception.     Reviewer Comment (2019-02-28): Post Close CD and LOE to borrower provided


Buyer Comment (2019-02-28): (xxxx)please see docs
   01/29/2019   2 B xx/xx/xxxx OK Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030698 xxxx 10863245 6000030698-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $900.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104) Fee not disclosed on 8/30/18 LE and as $900 on Final CD. Evidence of VCC not found in file. Please provide either a VCC justifying this increase or a corrected CD, LOE to borrower, copy of refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-02-28): AMC received an attestation that the Appraisal Review Fee was mislabeled at initial review and should have been Investor Review Fee. Fee name is not available.


Buyer Comment (2019-02-28): (xxxx)uploaded the 12/20 LE that discloses the $900 Investor Review Fee; there isnt an Appraisal Review Fee on this loan.
 01/25/2019     1 A xx/xx/xxxx OK 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
xxxx 6000030698 xxxx 10863246 6000030698-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Inspection Fee. Fee Amount of $900.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75130) AMC received an attestation that the Appraisal Review Fee was mislabeled at initial review and should have been Investor Review Fee. Fee name is not available. Closes fee name is Lender Inspection Fee (used for testing purposes).     Reviewer Comment (2019-02-28): AMC received VCC for fee change.
 01/25/2019     1 A xx/xx/xxxx OK 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
xxxx 6000030827 xxxx 10863250 6000030827-24197 02/28/2019 Credit Missing Document General Missing Document: Rent Comparison Schedule not provided   Comparable rent schedule not provided     Reviewer Comment (2019-02-28): Upon further research, exception has been cleared. Borrower was qualified using Schedule E for the subject investment property. EA Plus (xx/xx/xxxx) Overlay for rental income does not specify that Form 1007 is required.
 01/24/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
xxxx 6000030827 xxxx 10863252 6000030827-24214 02/28/2019 Property Property - Appraisal Appraisal Reconciliation Property valuation variance is lower than 10% between the valuation report used for LTV and supporting valuation report. Valuation Type: Desk Review / Valuation Report Date: xx/xx/xxxx The Vendor Appraisal Review final opinion of value must be within 10% (i.e. above or below) the lowest origination appraisal(s) or sales price per guidelines. Desk review value of $xxx s 11.5% less than origination value of $xxx     Reviewer Comment (2019-02-28): Additional review of $1,300,000 provided.
 01/23/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
xxxx 6000030827 xxxx 10863253 6000030827-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing co-borrower P&L for schedule C business with xxxx 0 X 30 housing history over 56 months vs guideline requirement of 24 months.

Job stability of 5 years or more: borrower has been employed in xxx for 27.98 years and co-borrower has been a xxx for 16.44 years.

FICO score above minimum by 20 points or greater. 727 vs 700.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)Co-borrower is a xxxx who reports sales commissions on Sch. C. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 727 vs 700.
Job stability of 5 years or more (27 years in xxx)
0x30 mortgage history for 60 months
     01/24/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
xxxx 6000030827 xxxx 10863254 6000030827-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing verification of the business through a third party such as a CPA, regulatory agency or applicable licensing bureau for co-borrower     Reviewer Comment (2019-02-28): Received co-borrower's xxxx.


Buyer Comment (2019-02-28): (xxxx)please see co-borrowers RE business license from the state of CA
 01/24/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
xxxx 6000030713 xxxx 10863261 6000030713-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx. 1065 (2017) Unable to locate the 2017 1065 in the loan file.     Reviewer Comment (2019-02-28): Received 2017 1065.


Buyer Comment (2019-02-28): (xxxx)1065s uploaded
 01/30/2019     1 A xx/xx/xxxx LA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000030713 xxxx 10863262 6000030713-22166 02/28/2019 Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. Valuation Type: Appraisal / Valuation Report Date: 1xx/xx/xxxx The National Registry Appraiser website reflects the appraiser's effective date as 01/01/2019, which is after the appraisal report. Unable to locate a date at the time of the appraisal.     Reviewer Comment (2019-02-28): Received copy of appraiser license from 1/01/2017 to xx/xx/xxxx.
 01/30/2019     1 A xx/xx/xxxx LA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000030713 xxxx 10863263 6000030713-24956 02/28/2019 Credit Guideline Guideline Issue Borrower does not have the minimum open tradelines per guidelines.   Guidelines require two trade lines within 24 months. The borrower only has one trade line. The client waived the exception for the minimum tradelines. PITIA reserves above minimum by 6 months or greater (218 vs 12 months minimum)

DTI below max by 5% or greater. 10% vs. 43%.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx waives with compensating factors:
DTI below max by 5% or greater. 10% vs. 43%.
PITIA reserves above minimum by 6 months or greater (218 vs 12 months minimum)
     01/30/2019 2 B xx/xx/xxxx LA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000030713 xxxx 10863265 6000030713-24186 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $12,241.80 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The final CD reflects Escrowed property costs of $12,241.80 vs $12,193.25, which is a $48.55 difference. The difference is due to the variance in verified property taxes from the tax certificate from the title company of $589.81 monthly vs. the amount the lender used of $593.85     Reviewer Comment (2019-02-28): AMC received tax cert indicating tax amount of $7077.73 that is consistent with IEADS. Exception Cleared.
 01/30/2019     1 A xx/xx/xxxx LA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
xxxx 6000030713 xxxx 10863266 6000030713-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/673032) The final CD reflects Escrowed property costs of $12,241.80 vs $12,193.25, which is a $48.55 difference. The difference is due to the variance in verified property taxes from the tax certificate from the title company of $589.81 monthly vs. the amount the lender used of $593.85     Reviewer Comment (2019-02-28): AMC received tax cert indicating tax amount of $7077.73. Exception Cleared.


Buyer Comment (2019-02-28): (xxxx)please see docs
 01/30/2019     1 A xx/xx/xxxx LA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C A C A Non QM Non QM Yes
xxxx 6000030713 xxxx 10863267 6000030713-4612 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/673032) The final CD reflects Escrowed property costs of $12,241.80 vs the actual payment of $12,193.25, which is a $48.55 difference. The difference is due to the variance in verified property taxes from the tax certificate from the title company of $589.81 monthly vs. the amount the lender used of $593.85     Reviewer Comment (2019-02-28): AMC received tax cert indicating tax amount of $7077.73. Exception Cleared.
 01/30/2019     1 A xx/xx/xxxx LA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C A C A Non QM Non QM Yes
xxxx 6000030648 xxxx 10863271 6000030648-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure amount of $1.70 disclosed on the final CD is inadequate; evidence of sufficient cure or valid Changed Circumstance not provided. Letter of explanation and updated closing disclosure required to cure exception     Reviewer Comment (2019-02-28): Received Valid COC.
 02/01/2019     1 A xx/xx/xxxx KY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000030648 xxxx 10863273 6000030648-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,530.00 exceeds tolerance of $1,000.00. Insufficient or no cure was provided to the borrower. (7200) Cure amount of $1.70 disclosed on the final CD is inadequate; evidence of sufficient cure or valid Changed Circumstance not provided. Refund check, proof of delivery, letter of explanation and closing disclosure to borrower required to cure exception     Reviewer Comment (2019-02-28): Received Valid COC.
 02/01/2019     1 A xx/xx/xxxx KY Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000030648 xxxx 10863274 6000030648-3841 02/28/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines   The transaction is not an arms length transaction. Borrower is buying a property that was owned by his mother. Eligibility waiver from client on file approving exception FICO score above minimum by 20 points or greater

PITIA reserves above minimum by 6 months or higher (59.43 vs 6 months required)

DTI below max by 5% or greater. 14.33% vs 43%		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-02-28): Lender provided Exception based on compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 14.33% vs 43%
PITIA reserves above minimum by 6 months or higher (59.43 vs 6 months required)
     02/01/2019 2 B xx/xx/xxxx KY Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000030648 xxxx 10863275 6000030648-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Business bank statement program requires a business narrative if the loan does not contain a CPA prepared P&L FICO score above minimum by 20 points or greater

PITIA reserves above minimum by 6 months or higher (59.43 vs 6 months required)

DTI below max by 5% or greater. 14.33% vs 43%		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-02-28): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-02-28): (xxxx)please see bank statement worksheet. Borrower is a sole proprietor and services security systems. Business has no employees/contractor and works out of his home. xxxx elects to waive based on compensating factors:
DTI below max by 5% or greater. 14.33% vs 43%
PITIA reserves above minimum by 6 months or higher (59.43 vs 6 months required)
     02/04/2019 2 B xx/xx/xxxx KY Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000030797 xxxx 10863283 6000030797-4188 02/28/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   TRID Non-Compliant: Missing payee for Appraisal Review Fee. CD reflects TBD. Data was corrected on subsequent disclosure. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-02-28): Received Letter of Explanation to Borrower, Corrected CD, copy of refund to Borrower.


Seller Comment (2019-02-28): attached PCCD reflects refund
   01/30/2019   2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000030797 xxxx 10863284 6000030797-23086 02/28/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $76,549.42 is less than Cash From Borrower $82,542.14. Missing xx/xx/xxxx statements for accounts 10122 and 5023 to verify sourcing of $79,000 Earnest Money Deposits on 12/12/18 and xx/xx/xxxx and deposit of $29,950 on 12/1/2018 from borrower's IRA account into account 5023.     Reviewer Comment (2019-02-28): EMD for $79,000.00 was not sourced, backed out of available for closing. However, received copy of email from xxxx, stating funds form TSP loan in the amount of $29,950.00 were deposited and available.


Buyer Comment (2019-02-28): (xxxx)please see uw asset worksheet as of 11/30 which is within 90 days in closing. Borrower had sufficient liquid assets to cover EMD which includes $30K TSP loan.


Reviewer Comment (2019-02-28): Missing updated statements to reflected sufficient liquid assets.


Buyer Comment (2019-02-28): (xxxx)please review, borrower had sufficient liquid reserves to cover EMD. Borrower took a $30000 loan from his TSP plus an additional $70511 in Savings/Checking accounts.
 02/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030801 xxxx 10863329 6000030801-6572 02/28/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Evidence borrower was provided a copy of the appraisal not found in file.     Buyer Comment (2019-02-28): non-material: client made reasonable effort to delivery a copy of appraisal and evidence of delivery provided.


Reviewer Comment (2019-02-28): Received Cover Letter for Appraisal Delivery, dated 1/3/2019. Presumed date received is xx/xx/xxxx. Unable to clear. Missing evidence Borrower received 3 days prior to closing.


Buyer Comment (2019-02-28): (xxxx)please see docs
     02/04/2019 2 B xx/xx/xxxx MD Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000030702 xxxx 10863344 6000030702-855 02/28/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 08/06/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Unable to locate a post close inspection report in the loan file.     Reviewer Comment (2019-02-28): File contained a re certification of value with an exterior inspection of the subject property dated xx/xx/xxxx.


Buyer Comment (2019-02-28): (xxxx)please see docs
 02/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000030702 xxxx 10863346 6000030702-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The closing Date reflects xx/xx/xxxx and the actual date of the Note and CD is xx/xx/xxxx.     Reviewer Comment (2019-02-28): PC CD and LOE email included in file to cure this exception.
   01/29/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000030702 xxxx 10863347 6000030702-7038 02/28/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Unable to locate a pre-closing disclosure in the loan file.     Reviewer Comment (2019-02-28): AMC received initial CD dated xx/xx/xxxx.


Buyer Comment (2019-02-28): (xxxx)please see docs
 02/01/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000030702 xxxx 10863348 6000030702-24186 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $4,552.32 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Difference due to property tax amount of $281.19 monthly used for lender's qualification. Tax cert appears to support slightly higher taxes of $283.31.     Reviewer Comment (2019-02-28): Taxes are updated. Exception Cleared.


Buyer Comment (2019-02-28): (xxxx)please see docs
 02/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000030702 xxxx 10863349 6000030702-4673 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/676523) Difference due to property tax amount used for lender's qualification. Tax cert support slightly higher taxes.     Reviewer Comment (2019-02-28): Taxes are updated. Exception Cleared.
 02/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C A C A C A A A Non QM Non QM Yes
xxxx 6000030702 xxxx 10863350 6000030702-4612 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/676523) Difference due to property tax amount used for lender's qualification. Tax cert support slightly higher taxes.     Reviewer Comment (2019-02-28): Taxes are updated. Exception Cleared.
 02/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C A C A C A A A Non QM Non QM Yes
xxxx 6000030658 xxxx 10863379 6000030658-5366 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 48.29618% exceeds Guideline total debt ratio of 43.00000%. Approval certificate states that an exception was granted for over 43% DTI. Borrower has job stability for 33 years as self-employed

Borrower on this Bank Statement documentation loan has a disposable income of $12,989.26		 Originator

Originator		 Reviewer Comment (2019-02-28): Received Lender Exception approval. DTI. Compensating Factors: 1) Employment History. 2) Residual Income.
     01/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030658 xxxx 10863381 6000030658-25029 02/28/2019 Compliance Compliance Federal Compliance 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. ATR risk due to DTI above 43%.     Reviewer Comment (2019-02-28): Based on Compensating factors, loan is considered Non-QM
 01/10/2019     1 A xx/xx/xxxx CA 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
xxxx 6000030658 xxxx 10863382 6000030658-5695 02/28/2019 Compliance Compliance Federal Compliance 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 risk due to DTI above 43%.     Reviewer Comment (2019-02-28): Received Lender Exception approval for DTI
 01/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030658 xxxx 10863383 6000030658-25035 02/28/2019 Compliance Compliance Federal Compliance General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.29618% significantly exceeds the guideline maximum of 43.00%. (DTI Exception cannot be compensated to a lower grade.) ATR risk due to DTI above 43%.     Buyer Comment (2019-02-28): Made an exception for debt ratio


Reviewer Comment (2019-02-28): Although the DTI exceeds the guideline maximum by just over 5%, the compensating factors on the loan identified by the lender prior to closing to approve the exception included a FICO of 771, CLTV under 60, reserves of 19 months, and residual income of $12,989 per month. Exception regraded to EV2-B and loan considered Non-QM


Reviewer Comment (2019-02-28): Unable to clear due to significantly exceeds the guideline maximum of 43%
     01/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030658 xxxx 10863384 6000030658-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 1xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/1xx/xx/xxxx) Insufficient cure provided to the borrower.     Reviewer Comment (2019-02-28): Des Review Fee violation cured on CD signed at closing.
 01/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030658 xxxx 10863385 6000030658-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $225.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505) Appraisal 1004-D fee increased without a valid change of circumstance.     Reviewer Comment (2019-02-28): Cure in the amount of $225 was provided via CD signed at close.
   01/08/2019   2 B xx/xx/xxxx CA 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
xxxx 6000030658 xxxx 10863386 6000030658-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7548) Processing Fee increased without a valid change of circumstance. Insufficient cure provided to the borrower at closing.     Reviewer Comment (2019-02-28): Processing fee initially disclosed in Section A, then moved to Section B. No tolerance violation.
 01/08/2019     1 A xx/xx/xxxx CA 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
xxxx 6000030658 xxxx 10863387 6000030658-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $225.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7505) Cure provided on CD signed at closing.         01/08/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000030806 xxxx 10863390 6000030806-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $820.00 exceeds tolerance of $695.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Cure for 125.00 was given at closing for the increase in the appraisal fee         01/26/2019   1 A xx/xx/xxxx CO Primary Refinance - Rate/Term Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
xxxx 6000030101 xxxx 10863393 6000030101-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only       Reviewer Comment (2019-02-28): Not required. Exception cleared.


Reviewer Comment (2019-02-28): Nothing received regarding this
 01/16/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030101 xxxx 10863394 6000030101-5366 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 61.32125% exceeds Guideline total debt ratio of 50.00000%. Per the final loan application, the Borrower had income from a partnership in the amount of $14,346 per month. The loan file contained a cash flow analysis for this partnership, which reflected total income from line 22 of the individual tax return of $30,150, ordinary income from the Schedule K-1 of $131,698, Depreciation from the 1065 in the amount of $15,459 and amortization/casualty loss from the 1065 in the amount of $5,154, for a total of $172.155, or $14,346 per month. Per the 1040 in the loan file, the line 22 income was $178,987, with no documentation reflecting that $30,150 came from the partnership. Removing the $30,150 from the calculations resulted in a monthly income of $11,618.96 , which equals a debt ratio of 61.32125%, which exceeds the guideline total debt ratio of 50%.     Reviewer Comment (2019-02-28): Reworked income. No longer applicable. Exception cleared.


Reviewer Comment (2019-02-28): Reworked income, DTI now 54.11439%.
 01/16/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030101 xxxx 10863395 6000030101-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing 2017 K1 for Co-borrower for xxxx     Reviewer Comment (2019-02-28): Co-borrower has no interest in Dan Scott Investments LLC per 2017 K-1s.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030101 xxxx 10863396 6000030101-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   xxx $1061/month andxxxx $957/month were excluded from ratios however supporting documentation for omission was not provided.     Reviewer Comment (2019-02-28): Per guidelines, 6 months pay history is sufficient documentation to support business payment of the debt.


Reviewer Comment (2019-02-28): Rec'd 6 months statements reflecting debts paid by business. Guidelines require 12 months.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030101 xxxx 10863397 6000030101-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing:   xxxx is reflected on 2017 tax returns for xxxx however property is not reflected on final 1003 and no supporting documentation verifying PITIA or omission was provided.     Reviewer Comment (2019-02-28): Rec'd deed. Property was sold in xx/xx/xxxx
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030101 xxxx 10863398 6000030101-4266 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of $144,743.13 is greater than Guideline total cash-out of $63,600.00. Cash out amount exceeds guideline maximum of 40% of the loan amount, or $XXXX. (Elite program) $16K residual income.

339 months reserves.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Rec'd exception for cash out exceeds guideline maximum.
     01/24/2019 2 B xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863401 6000030102-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx 1065 (2016), 2016 W2, K-1 (2016)
W-2 (2016)		 Per Lender guidelines, 2 years Schedule 1065, Schedule K-1 and W-2's are required. Only 2017 was provided.     Reviewer Comment (2019-02-28): 1 year verification for Alt doc acceptable. Exception cleared.


Reviewer Comment (2019-02-28): Please provide guideline reference. Per guidelines, Elite Program requires two years tax returns (Section 8.4.24).
 01/16/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863402 6000030102-4266 02/28/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of $134,732.82 is greater than Guideline total cash-out of $45,180.00. Cash out amount exceeds guideline maximum of 40% of the loan amount, or $XXXX. (Elite program) $16K residual income.

375 months reserves		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Rec'd exception for cash out exceeds guidelines.
     01/24/2019 2 B xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863403 6000030102-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   xxxx $1061/month and xxxx $957/month were excluded from ratios however supporting documentation for omission was not provided.     Reviewer Comment (2019-02-28): Per guidelines, 6 month pay history is sufficient to allow exclusion of business paid debts.


Reviewer Comment (2019-02-28): Rec'd 6 mos. bank statements showing the debts paid by the business. Guidelines require 12 months.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863404 6000030102-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing 2017 K1 for Co-borrower for xxxx     Reviewer Comment (2019-02-28): Co-borrower has no interest in xxxx per K-1s.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863405 6000030102-4961 02/28/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   xxxx is reflected on 2017 tax returns for xxxx however property is not reflected on final 1003 and no supporting documentation verifying PITIA or omission was provided.     Reviewer Comment (2019-02-28): Rec'd warranty deed; property was sold xx/xx/xxxx.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030102 xxxx 10863406 6000030102-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Rental income for: 1) xxxx, 2) 3xxxx, 3) xxxx, 4) xxxx was calculated using 75% of the lease however rental properties are listed on 2017 Schedule E. Letter of explanation reflects properties were acquired mid 2017 however proof was not provided. Lender exception was not provided for use of vacancy factor vs Schedule E as per guidelines.     Reviewer Comment (2019-02-28): Rec'd deeds and lender exception for use of vacancy factor vs. Schedule E.
 01/24/2019     1 A xx/xx/xxxx FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000031748 xxxx 10863416 6000031748-6301 02/28/2019 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. ARM disclosure was not provided in loan file nor proof it was sent to the borrower     Reviewer Comment (2019-02-28): Received ARM Disclosure. Disclosure does not reflect the date sent, reflects Borrower signature date of xx/xx/xxxx.
 02/06/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000031748 xxxx 10863417 6000031748-25158 02/28/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock agreement was not in the loan package     Buyer Comment (2019-02-28): non-material: worst-case APOR used to complete compliance testing
     02/05/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031748 xxxx 10863418 6000031748-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Borrowers paid 1099 paid by a single company are not eligible for the bank statement program, borrower is a truck driver working for xxxx and is paid 1099. PITIA reserves above minimum by 6 months or higher. Investor requires 6 months reserves, borrower has 16 months reserves

FICO score above minimum by 20 points or greater. Investor required fico score 740 borrower fico score 768		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elects to waive the exception with verified compensating factors


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. Investor required fico score 740 borrower fico score 768
PITIA reserves above minimum by 6 months or higher. Investor requires 6 months reserves, borrower has 16 months reserves
     02/06/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031748 xxxx 10863419 6000031748-23698 02/28/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx Fraud report missing from loan package     Reviewer Comment (2019-02-28): Received Fraud Report.


Buyer Comment (2019-02-28): (xxxx)please see fraud report
 02/06/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031748 xxxx 10863420 6000031748-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Borrower's ATR Certification     Reviewer Comment (2019-02-28): Not required.


Buyer Comment (2019-02-28): (xxxx)please review. loan was locked on xx/xx/xxxx. ATR Certification is longer required per 11/1/18 guidelines.
 02/06/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031748 xxxx 10863421 6000031748-6305 02/28/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Received ARM Disclosure. Disclosure does not reflect the date sent, reflects Borrower signature date of xx/xx/xxxx.     Reviewer Comment (2019-02-28): Seller provided evidence disclosure was provided to borrower within 3 days of application.


Buyer Comment (2019-02-28): (xxxx)please see docs
 02/12/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000031785 xxxx 10863429 6000031785-2811 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation as to why loan does not meet conventional financing missing from the loan package     Reviewer Comment (2019-02-28): Attestation provided


Buyer Comment (2019-02-28): (xxxx)please clear condition previously provided and reviewed by AMC


Reviewer Comment (2019-02-28): Seller has provided an attestation as to why loan is not GSE eligible.


Seller Comment (2019-02-28): UW Attestation
 02/12/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000031785 xxxx 10863431 6000031785-6411 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Please provide Seller's CD to cure this exception     Reviewer Comment (2019-02-28): AMC received Seller's CD. Exception Cleared.


Seller Comment (2019-02-28): XXXX Seller CD
 02/11/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000031785 xxxx 10863432 6000031785-23897 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Initial/xx/xx/xxxx) The LE was received by the borrower xx/xx/xxxx, which is after the CD dated 12/19/18.     Reviewer Comment (2019-02-28): AMC received Disclosure Tracking indicating disclosure was received xx/xx/xxxx. Exception Cleared.


Seller Comment (2019-02-28): THE Borrower was sent the Initial LE xx/xx/xxxx with the initial disclosures and Viewed at 12/19/2019 9:19AM. the initial CD was sent 12/19 and Viewed & Authenticated 9:55AM. there is now violation.
 02/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A B A A A Non QM Non QM No
xxxx 6000031785 xxxx 10863433 6000031785-6340 02/28/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Fees are disclosed in section C of LE which requires a list of settlement providers to insure if borrower used one from the list or elected to choose another. Please provide a Settlement Provider's List within 3 days of the application of xx/xx/xxxx to cure this exception.     Reviewer Comment (2019-02-28): AMC received SSPL dated xx/xx/xxxx. Exception Cleared.


Seller Comment (2019-02-28): SSPL
 02/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A B A A A Non QM Non QM No
xxxx 6000031785 xxxx 10863434 6000031785-6467 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) AMC received Seller's CD and PCCD indicating seller paid fees. Exception Cured.     Reviewer Comment (2019-02-28): AMC received Seller's CD and PCCD indicating seller paid fees. Exception Cured.
   02/11/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000030844 xxxx 10863444 6000030844-2811 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation why loan did not qualify for agency financing missing from the loan file     Reviewer Comment (2019-02-28): UW Transmittal indicates loan was a manual UW. Client states loan amount exceeds Agency loan limit.


Buyer Comment (2019-02-28): (xxxx)xxxx - xxxx accepted comment of manual UW on signed 1008 due to loan amount during pre-close. Please satisfy.

FICO score above minimum by 20 points or greater. 811 vs 720
PITIA reserves above minimum by 6 months or higher. 23 vs 12
 02/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
xxxx 6000030720 xxxx 10863448 6000030720-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Client approved an exception for use of bank statement income for single source 1099 borrower. DTI below max by 5% or greater: 33.52% vs 43%

0 X 30 24 month housing history - 0 lates entire 99 payments reporting

FICO score above minimum by 20 points or greater - mid fico 786, min required 680		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client's Eligibility Waiver in file approving exception
     02/01/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000030720 xxxx 10863449 6000030720-23688 02/28/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage = $325,000. Estimated Cost New = $471,200. Loan amount = $xxx,xxx. HOI indicates policy includes and extended replacement value, however no percentage or amount is reflected. Please provide verification HOI has sufficient coverage or an estimated replacement cost calculator reflecting the cost to replace is equal to or lower than the coverage amount.     Reviewer Comment (2019-02-28): Received Insurer cost to rebuild estimate.


Seller Comment (2019-02-28): Cost Estimate
 02/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000030836 xxxx 10863455 6000030836-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-02-28): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2019-02-28): (xxxx)please see docs
   02/08/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B A A A Non QM Non QM Yes
xxxx 6000030836 xxxx 10863456 6000030836-3843 02/28/2019 Credit Property - Appraisal Property Eligibility - Subject and Improvements Guideline Issue: Property type not allowed per credit guidelines   Subject property is rural, on xxxx acres; guidelines allow only up to 20 acres. Residual income $1,000 greater than minimum required. $9,527.79 vs $2,500

PITIA reserves above minimum by 6 months or greater: 96 vs 9

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater 772 vs 680		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Excess acreage exception waived per client's pre-approved waiver list.
     02/01/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B A A A Non QM Non QM No
xxxx 6000031768 xxxx 10863459 6000031768-23897 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) The LE dated 1/14 was not signed and is assumed to have been received on 1/17. The initial CD was provided on 1/17 and e-signed the same day. Please provide verification the LE issued on 1/14/2019 was received prior to xx/xx/xxxx to cure this issue.     Buyer Comment (2019-02-28): non-material: There was another LE sent out and signed on 1/16 which is prior to the CD issued on 1/17. There isnt a rule that states that all LEs must be signed just that the last disclosed is issued and signed. All LEs were disclosed in accordance to TRID rules so no cure applies.
     02/07/2019 2 B xx/xx/xxxx CA Primary Purchase No Defined Cure B B A A B B A A Non QM Non QM No
xxxx 6000031768 xxxx 10863460 6000031768-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD disclosed a closing date of xx/xx/xxxx, and the loan closed on xx/xx/xxxx. Data was corrected on subsequent disclosure, however required letter of explanation not found in file. Please provide an LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-28): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-02-28): (xxxx)please see docs
   02/07/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000031768 xxxx 10863461 6000031768-17649 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) The buyer's final CD only disclosed the seller's paying the transfer tax of $621.50.     Reviewer Comment (2019-02-28): Letter of Explanation & Corrected Closing Disclosure provided
   02/07/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000030849 xxxx 10863466 6000030849-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The closing disclosure was dated xx/xx/xxxx but the actual closing/consummation occurred xx/xx/xxxx. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC received PCCD correcting close date and LOE. Exception Cured.


Buyer Comment (2019-02-28): (xxxx)
xxxx - xx/xx/xxxx 4:21:44 PM ESTPortal
The COC for the Closing date was already provided


Seller Comment (2019-02-28): The COC for the Closing date was already provided
   02/11/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030849 xxxx 10863467 6000030849-24190 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $26,739.12 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of $26,739.12 disclosed on CD based on 12 months of $2,228.26 monthly property costs . Hazard in file was $295.07 monthly, taxes used were $1,749.89 from tax cert and HOA dues of $183.33 from the appraisal totaling $2,228.29 x 12 = $26,739.48. Based on 1008, difference appears to be in HOA dues, qualified at $183.30 monthly by lender. Please provide either verification of the $183.30 HOA dues used by lender or a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC received PCCD correcting total property costs over 1 year and LOE. Exception Cured.


Buyer Comment (2019-02-28): (xxxx)Doc uploaded 2/8


Seller Comment (2019-02-28): Unable to clear: $2,200 divided by 12 months is $183.33 per month, the total on the final CD is off by $.03 per month, should be $2,228.29 on page 1 x 12 = $26,739.48 on page 4. A Corrected CD and Letter of Explanation provided to Borrower is needed to cure.


Reviewer Comment (2019-02-28): $2,200 divided by 12 months is $183.33 per month, the total on the final CD is off by $.03 per month, should be $2,228.29 on page 1 x 12 = $26,739.48 on page 4. A Corrected CD and Letter of Explanation provided to Borrower is needed to cure.


Seller Comment (2019-02-28): Per the appraisal the HOA dues are 2200.00 for the year so we divided it by 12 and used 183.30 we rounded down to qualify the borrower. Estimated property cost for a year is correct.
   02/11/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030849 xxxx 10863469 6000030849-2811 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS or attestation as to why loan was not approved for conventional financing     Reviewer Comment (2019-02-28): Seller has provided AUS reflecting Approve/Ineligible.


Seller Comment (2019-02-28): Uploaded AUS
 02/07/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030632 xxxx 10863471 6000030632-4613 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $936.42 for 12 months, calculates to be $2,838.08. (236.51 x 12) Please provide a corrected CD and an LOE to the borrower to cure this exception.     Buyer Comment (2019-02-28): non-material: refinance transaction. Prepaid includes amount needed to pay prior balance in full.
     02/06/2019 2 B xx/xx/xxxx LA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000030632 xxxx 10863472 6000030632-20623 02/28/2019 Credit Guideline Guideline Issue Ineligible property type. Single Family Detached Continuity of obligation. Borrower's spouse inherited subject property in 1994. A construction loan was taken out in the borrower's and spouse's name on xx/xx/xxx and is recorded on title. VOM in file indicates timely payments since inception of the loan. Guidelines require at least one of the borrowers in a refinance transaction to have held title for a minimum of 6 months or have inherited the property. Commitment reflects borrower's spouse only with an Act of Donation Inter Vivos dated 1/21/2019 adding borrower on Title. Evidence of Client's Eligibility Waiver not found in file approving this exception. FICO score above minimum by 20 points or greater: 689 vs 661

Residual income $1,000 greater than minimum requirement: $13,400.82 vs $2,500

Time on Job of 5 years or greater: 38 years		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elects to waived based on compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive based on compensating factors:
Time on Job of 5 years or greater: 38 years
Residual income $1,000 greater than minimum requirement: $13,400.82 vs $2,500
FICO score above minimum by 20 points or greater: 689 vs 661
     02/07/2019 2 B xx/xx/xxxx LA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
xxxx 6000030793 xxxx 10863473 6000030793-2924 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-02-28): Seller has provided the fraud report.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 02/11/2019     1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000030793 xxxx 10863475 6000030793-6445 02/28/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.34010% or Final Disclosure APR of 6.34700% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-02-28): Higher Priced Mortgage Loan for CA and FED Compliant
     02/05/2019 1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000030793 xxxx 10863476 6000030793-4826 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $152. Please provide a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-02-28): AMC received VCC for fee change.


Buyer Comment (2019-02-28): (xxxx)
xxxx - xx/xx/xxxx 11:38:57 AM ESTPortal
Please review consummation CD and letter and advise
 02/11/2019     1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000030793 xxxx 10863477 6000030793-25158 02/28/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-02-28): Rate lock received.


Buyer Comment (2019-02-28): (xxxx)Please see attached.
 02/08/2019     1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000030793 xxxx 10863478 6000030793-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $152.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304) Fee not disclosed on LE and as $152 on Final CD. COC issued 1/23/19 indicates a Post Close review was conducted reflecting a refund was due to the borrower in the amount of $268.17. Although this amount is listed under Summaries of Transaction, it is not reflected as a principal reduction on the CD or on the COC. The tolerance cure fee should be on page 3 under lender Credits and also on page 3 in calculating cash to close under did this change section. Please provide a corrected CD, LOE to borrower, copy of the refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-02-28): AMC received VCC for fee change.


Buyer Comment (2019-02-28): (xxxx)Please see attached:

xxx - xxxx - 21h agoPortal
it will not reflect as a PR because the borrower was not charged that amount

xxx - xxxx - 21h agoPortal
Please see consummation CD signed at closing xx/xx with $268.17 cure
 02/08/2019     1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
xxxx 6000030793 xxxx 10863479 6000030793-6331 02/28/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-959.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-1,127.00. (9300) .     Reviewer Comment (2019-02-28): AMC received VCC for fee change.
 02/11/2019     1 A xx/xx/xxxx NJ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
xxxx 6000030728 xxxx 10863480 6000030728-5404 02/28/2019 Credit Income / Employment Income Documentation Income Docs Missing:   The xxxx 12/2018 guidelines section 7.2.2.2 require borrowers using bank statements for income qualification to provide verification that the Borrower is at least 50% owner of the business via CPA letter, Operating Agreement or equivalent. File has Business Search - Entity Detail which does not address ownership percentage. Please provide valid documentation reflecting ownership percentage to cure this exception.     Reviewer Comment (2019-02-28): Seller has provided CPA letter reflecting 100% ownership.


Buyer Comment (2019-02-28): (xxxx)please see page 2
 02/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030728 xxxx 10863481 6000030728-25081 02/28/2019 Credit Guideline Guideline Issue Payment Shock exceeds credit guidelines. Payment Shock: 72.02068% Per the Movement Mortgage EA Plus 12/18 guides Section 10.1.3 payment shock cannot exceed 150% due to the DTI exceeding 36%; however, client allowed a one time exception as long as the LTV does not exceed 77.23%. No evidence of a exception approval found in file. DTI below max by 5% or greater: 37.83195% vs 43%

0 X 30 24 month housing history (24 months reporting on credit report)

FICO score above minimum by 20 points or greater. 811 > 720.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-02-28): Client elects to waive based on compensating factors.


Buyer Comment (2019-02-28): (xxxx)xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. 811 > 720.
0 X 30 24 month housing history (24 months reporting on credit report)
DTI below max by 5% or greater: 37.83195% vs 43%
     02/07/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030728 xxxx 10863483 6000030728-25040 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). Per the MM EA Plus guidelines, the 5/1 ARM IO is to be qualified at the Greater of Note Rate or the Fully Indexed.     Buyer Comment (2019-02-28): non-material: Lender used note rate per 1008. Review based qualification off of required g/l.
     02/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030728 xxxx 10863484 6000030728-25045 02/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Non QM DTI moderately exceeds Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the 1026.43(c)(5) of 43.16% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI of 43.16% exceeds maximum for 12 months business bank statement program limit of 43% 0 X 30 24 month housing history (24 months reporting on credit report)

FICO score above minimum by 20 points or greater. 811 > 720.		 Aggregator

Aggregator		 Reviewer Comment (2019-02-28): DTI of 43.16% exceeds maximum DTI of 43.16% exceeds maximum for 12 months business bank statement program. Exception waived with compensating factors of 0 x 30 x 24 housing history (24 months reported on the credit report) and FICO score above minimum by 20 points or greater (811 vs. 720 minimum)
     02/05/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000030728 xxxx 10863485 6000030728-3831 02/28/2019 Credit Credit Miscellaneous Credit Exception:   Missing Third party verification of business within 10 business days of xx/xx/xxxx closing date as required per Movement Mortgage Expanded product Guide Section 7.2.2.2. File has third party verification dated xx/xx/xxxx.     Reviewer Comment (2019-02-28): Seller has provided CPA letter dated xx/xx/xxxx.
 02/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000031811 xxxx 10863488 6000031811-4824 02/28/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) HOA fee paid to Lender. Should be FBO.     Reviewer Comment (2019-02-28): AMC received a PCCD and LOE for corrections made for the HOA cert.


Buyer Comment (2019-02-28): Condo questionnaire fee was POC. $200 refunded to borrower.
   01/22/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Good Faith Redisclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000031810 xxxx 10863490 6000031810-2800 02/28/2019 Credit Credit Credit Documentation Missing Document: Credit Report not provided         Reviewer Comment (2019-02-28): Credit report provided.


Buyer Comment (2019-02-28): Credit report attached
 01/09/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
xxxx 6000031810 xxxx 10863492 6000031810-6297 02/28/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.     Reviewer Comment (2019-02-28): AMC received E Consent dated xx/xx/xxxx. Exception Cleared.


Buyer Comment (2019-02-28): Esign attahced
 01/07/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term No Defined Cure D B D A C B A A Non QM Non QM No
xxxx 6000031810 xxxx 10863493 6000031810-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $11,462.50 exceeds tolerance of $11,375.00. Insufficient or no cure was provided to the borrower. (73109) TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $11,462.50 exceeds tolerance of $11,375.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-02-28): AMC received xx/xx/xxxx COC. Exception Cleared.


Buyer Comment (2019-02-28): COC attached. Loan amount increased. Origination is based on percentage of loan amount
 01/10/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000031810 xxxx 10863494 6000031810-6542 02/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $5,043.50 exceeds tolerance of $5,005.00. Insufficient or no cure was provided to the borrower. (8304) Transfer Taxes were disclosed on the Loan Estimate at $5,005, increased to $5043.50 on final Closing Disclosure. However, $38.50 was disclosed as a cure.     Reviewer Comment (2019-02-28): Cure provided on Final CD. Due to multiple violations, the system does not know where to apply this cure.
   01/04/2019   2 B xx/xx/xxxx FL Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B A A Non QM Non QM Yes
xxxx 6000031810 xxxx 10863495 6000031810-4850 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-02-28): AMC received xx/xx/xxxx COC. Exception Cleared.


Buyer Comment (2019-02-28): COC attached. Loan amount increased. Origination is based on percentage of loan amount
 01/10/2019     1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
xxxx 6000031810 xxxx 10863496 6000031810-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $5,043.50 exceeds tolerance of $5,005.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)           01/10/2019   1 A xx/xx/xxxx FL Second Home Refinance - Rate/Term Final CD evidences Cure D B D A C B A A Non QM Non QM Yes
xxxx 6000030727 xxxx 10863508 6000030727-23897 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Revised Loan Estimate dated xx/xx/xxxx was not signed and dated by the borrower and has an expected received date of xx/xx/xxxx, which is the same day as the Interim Closing Disclosure dated xx/xx/xxxx. Evidence of earlier borrower receipt was not found in file. Please provide verification borrower received prior to xx/xx/xxxx to cure this exception.     Reviewer Comment (2019-02-28): Document tracking details provided


Buyer Comment (2019-02-28): (xxxx)Doc uploaded 2/8
 02/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000030727 xxxx 10863509 6000030727-3988 02/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Revised Loan Estimate dated xx/xx/xxxx was not signed and dated by the borrower and has an expected received date of xx/xx/xxxx, which is less than 4 business days from closing date of xx/xx/xxxx. Please provide verification borrower received LE on or before 1/21/2019 to cure this exception     Reviewer Comment (2019-02-28): Document tracking details provided


Buyer Comment (2019-02-28): (xxxx)Doc uploaded 2/8
 02/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000030727 xxxx 10863510 6000030727-6445 02/28/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.60510% or Final Disclosure APR of 6.60900% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-02-28): Higher Priced Mortgage Loan for CA and FED Compliant
     02/07/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000030727 xxxx 10863511 6000030727-17176 02/28/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.60510% or Final Disclosure APR of 6.60900% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-02-28): Higher Priced Mortgage Loan for CA and FED Compliant
     02/07/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000030727 xxxx 10863512 6000030727-2919 02/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing rate lock disclosure verifying lock date of xx/xx/xxxx as indicated on COC issued xx/xx/xxxx. Rate lock in file reflects an expiration date of 1/14/2019 with a loan amount of $xxx,xxx @ 6.125%.COC reflects description of changed circumstance: (Lock) with no other description given. LE issued 1/17/19 reflects $xxx,xxx loan amount @ 6.5%. Please provide rate lock disclosure verifying these changes.     Reviewer Comment (2019-02-28): Seller has provided the corresponding lock confirmation.


Buyer Comment (2019-02-28): (xxxx)Doc uploaded 2/8
 02/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
xxxx 6000031753 xxxx 10863515 6000031753-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The CD was dated xx/xx/xxxx and the signature date was xx/xx/xxxx. Please provide a corrected CD and LOE to borrower to cure this exception.     Buyer Comment (2019-02-28): non-material: CD was drawn on 1/3/19 and borrowers consummated transaction on xx/xx/xxxx.
     02/12/2019 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000030847 xxxx 10863518 6000030847-4371 02/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Note date is xx/xx/xxxx, mortgage signed xx/xx/xxxx, revised CD post closing indicated loan closed on xx/xx/xxxx     Reviewer Comment (2019-02-28): Letter of explanation and post closing CD sent to the borrower. Items received are sufficient to cure exception
   02/12/2019   1 A xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000030847 xxxx 10863519 6000030847-6468 02/28/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller's Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer's Final Closing Disclosure. (Final/xx/xx/xxxx) Borrower's final CD reflected the listing agent was to be paid $33,270, seller's Closing disclosure reflected $250. Lender provided a corrected CD to reflect the correct fee of $250     Reviewer Comment (2019-02-28): Borrower's final CD reflected the listing agent was to be paid $33,270, seller's Closing disclosure reflected $250. Lender provided a corrected CD to reflect the correct fee of $250 and letter of explanation to the borrower. Sufficient to cure exception
   02/12/2019   1 A xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000030847 xxxx 10863520 6000030847-6583 02/28/2019 Compliance Compliance Federal Compliance 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 $17.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7522) A cure of $17.00 was provided for this undisclosed fee.         02/09/2019   1 A xx/xx/xxxx AZ Primary Purchase Final CD evidences Cure B A A A B A A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11305777 6000035354-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311491 6000035354-25519 03/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership)       Reviewer Comment (2019-04-02): The borrower qualifies with a DTI of 44.3% without income from this business.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311492 6000035354-25519 03/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership)       Reviewer Comment (2019-04-02): The borrower qualifies with a DTI of 44.3% without income from this business.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311493 6000035354-25519 03/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership)       Reviewer Comment (2019-04-02): Business only documented to include the loss in the DTI.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311722 6000035354-3677 03/27/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan does not pass all appendix Q rules. No reliable third party verification of several of borrower businesses.     Reviewer Comment (2019-04-02): Guidelines allow 120 days for asset depletion asset statements.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11311723 6000035354-5949 03/27/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Asset Depletion Income Ability to Repay (Dodd-Frank 2014): Unable to verify Asset Depletion income using reasonably reliable third-party records. (Lucchese,Salvatore (employer unknown)/Asset Depletion) Asset Depletion statements were greater than 90 days old at the time of closing.     Reviewer Comment (2019-04-02): Guidelines allow 120 days for asset depletion asset statements.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311724 6000035354-4204 03/27/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Third Party Verification by a reliable third party not evidenced in file for self- employed businesses.     Reviewer Comment (2019-04-02): Guidelines allow 120 days for asset depletion asset statements.
 04/02/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11311726 6000035354-4826 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided disclosed no value of the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-04-01): Per deal setting it appears client has opted to exclude seller paid fees. Exception Cleared.
 04/01/2019     1 A xx/xx/xxxx NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11311730 6000035354-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $35,989.68 exceeds tolerance of $26,907.00. Insufficient or no cure was provided to the borrower. (8304) Total cure required $9525.84, no cure provided     Reviewer Comment (2019-04-01): Per deal setting it appears client has opted to exclude seller paid fees. Exception Cleared.


Reviewer Comment (2019-04-01): AMC reviewed exception. The client has elected to include seller paid fees in testing. A review of the purchase agreement does not indicate seller to pay a portion of the transfer tax. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Seller Comment (2019-04-01): 4/1: It appears that this condition is adding two different transfer taxes,
one paid to the county and one paid to the state together. It also appears
that this conditions is including seller paid transfer taxes with buyer
paid transfer taxes. Seller paid fees are not shown on any loan estimate,
and are not included in any tolerance testing unless they only being paid
in the course of applying seller credits. The case here is that state
custom requires the seller to pay a transfer tax and we are not to add this
amount to the buyer's cost nor are we bound to tolerance regulations.
Please exclude the sellers transfer tax from this calculation.
 04/01/2019     1 A xx/xx/xxxx NY Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11311865 6000035354-4361 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Borrower Other Costs TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on xx/xx/xxxx disclosed Other Costs that does not match Total Other Costs (Borrower-Paid) on page 2. (Final/xx/xx/xxxx) .Final Closing Disclosure shows $9.533.32, actual calculated is $6,600.00.             2 B xx/xx/xxxx NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11311866 6000035354-4368 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Costs Subtotals Paid By Others TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed Total Closing Costs (Paid by Others) that does not match sum of fees. (Final/xx/xx/xxxx) .             2 B xx/xx/xxxx NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035354 xxxx 11319489 6000035354-25521 03/28/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - S-Corp Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current S-Corp status using reasonably reliable third-party records. (xxxx/S-Corp)       Reviewer Comment (2019-03-29): Business only documented to include the loss in the DTI.
 03/29/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035354 xxxx 11324689 6000035354-5404 03/28/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1065 (2017)       Reviewer Comment (2019-03-29): Received copy of the 1065.
 03/29/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035355 xxxx 11308217 6000035355-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   A copy of a fraud report was not included in the imaged documents provided.     Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C A B B C A Non QM Non QM No
xxxx 6000035355 xxxx 11316524 6000035355-23897 03/28/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx)               2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE No Defined Cure C B C A B B C A Non QM Non QM No
xxxx 6000035355 xxxx 11316525 6000035355-7042 03/28/2019 Compliance Compliance Federal Compliance TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.               2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A B B C A Non QM Non QM Yes
xxxx 6000035355 xxxx 11318496 6000035355-24848 03/28/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-03-28): Received copy of the CDA which supported the appraised value.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C A B B C A Non QM Non QM No
xxxx 6000035356 xxxx 11314456 6000035356-18030 03/28/2019 Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Missing Addendum     Reviewer Comment (2019-03-29): Received copy of the CD addendum.
 03/29/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035356 xxxx 11314459 6000035356-2924 03/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035356 xxxx 11314466 6000035356-2918 03/28/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided         Reviewer Comment (2019-03-29): Received copy of the legal description.
 03/29/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035356 xxxx 11314680 6000035356-23365 03/28/2019 Compliance Compliance Federal Compliance Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.34911% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $19,211.08 on a Federal Total Loan Amount of $573,617.67 vs. an investor allowable total of $17,208.53 (an overage of $2,002.55 or .34911%).               2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000035356 xxxx 11314681 6000035356-3126 03/28/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.               2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035356 xxxx 11314698 6000035356-6543 03/28/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $246.80 exceeds tolerance of $88.00 plus 10% or $96.80. Insufficient or no cure was provided to the borrower. (0) Seller CD reflects $150 Release fee paid. COC was not provided. No cure provided to borrower.     Reviewer Comment (2019-03-29): 10% fees were within tolerance on the final CD.
 03/29/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035356 xxxx 11314699 6000035356-6542 03/28/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $13,650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73109) Fee on LE as loan origination fee. Changed to Broker on CD. There is a form in file that states change but no date or proof COC was sent to borrower. No cure provided.     Reviewer Comment (2019-04-01): AMC received 01/25 COC. Exception Cleared.


Seller Comment (2019-04-01): see attached as verification it was from 1.25.19


Reviewer Comment (2019-03-29): The COC was not dated.


Seller Comment (2019-03-29): 1/22- Lender Paid Broker Compensation
1/25- Borrower Paid Broker Compensation

The LO Comp type switched from lender paid to borrower paid to facilitate passing of the QM points and Fees test. This was disclosed to the client on 1/25 via the initial CD.
 04/01/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035356 xxxx 11314741 6000035356-4826 03/28/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No change in circumstance provided     Reviewer Comment (2019-04-01): AMC received 01/25 COC. Exception Cleared.
 04/01/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035357 xxxx 11308570 6000035357-23688 03/27/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Insurance coverage is shortfall of $49,0000.     Reviewer Comment (2019-04-04): Received replacement cost estimator. Coverage is sufficient.
 04/04/2019     1 A xx/xx/xxxx FL Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000035357 xxxx 11314954 6000035357-2924 03/28/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx FL Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000035358 xxxx 11309640 6000035358-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   No evidence of a Fraud Report was provided.     Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx GA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000035358 xxxx 11310594 6000035358-3988 03/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) The revised LE issued xx/xx/xxxx was not signed or acknowledged received by the Borrower therefore the assumed receipt date of xx/xx/xxxx is less than the required 4 business days prior to close.     Reviewer Comment (2019-03-28): Received evidence of E-delivery.
 03/28/2019     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
xxxx 6000035358 xxxx 11312632 6000035358-23897 03/27/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) The revised LE issued xx/xx/xxxx was not signed or acknowledged received therefore the assumed receipt date of xx/xx/xxxx was after the initial CD was issued on xx/xx/xxxx.     Reviewer Comment (2019-03-28): Received evidence of E-delivery.
 03/28/2019     1 A xx/xx/xxxx GA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
xxxx 6000035358 xxxx 11313511 6000035358-24848 03/27/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-03-28): Received copy of the CDA which supported the appraised value.
 03/28/2019     1 A xx/xx/xxxx GA Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000035360 xxxx 11309633 6000035360-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000035360 xxxx 11311000 6000035360-6572 03/27/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/0xx/xx/xxxx)               2 B xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000035360 xxxx 11311879 6000035360-3126 03/27/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Document not provided for this review.             2 B xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000035360 xxxx 11321326 6000035360-4812 03/28/2019 Compliance Compliance Federal Compliance ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank 2014): Borrower provided appraisal waiver less than three (3) business days prior to consummation. (Type:Primary/xx/xx/xxxx) Waiver signed at closing.             2 B xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000035361 xxxx 11306512 6000035361-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
xxxx 6000035361 xxxx 11308648 6000035361-23688 03/27/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-04-03): Received email from xxxx states the property has 100% replacement cost coverage.
 04/03/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
xxxx 6000035361 xxxx 11308789 6000035361-23365 03/27/2019 Compliance Compliance Federal Compliance Fannie Mae 2014 - 3% Points and Fees Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.39612% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $23,877.59 on a Federal Total Loan Amount of $703,085.41 vs. an investor allowable total of $21,092.56 (an overage of $2,785.03 or .39612%).               2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM Yes
xxxx 6000035361 xxxx 11310309 6000035361-7042 03/27/2019 Compliance Compliance Federal Compliance TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. The loan is a cash-out refinance with the same lender. RTC should be H-9             2 B xx/xx/xxxx CA 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 A B B C A Non QM Non QM Yes
xxxx 6000035361 xxxx 11313921 6000035361-24848 03/27/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-03-28): Received copy of the CDA which supported the appraised value.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
xxxx 6000035362 xxxx 11306025 6000035362-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx MN Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000035362 xxxx 11308630 6000035362-4826 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No amount listed on CD.     Reviewer Comment (2019-04-01): Deal settings indicate seller fees are excluding from testing. Exception Cleared.
 04/01/2019     1 A xx/xx/xxxx MN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
xxxx 6000035362 xxxx 11308651 6000035362-6543 03/27/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $235.00 exceeds tolerance of $102.00 plus 10% or $112.20. Insufficient or no cure was provided to the borrower. (0) No cure provided.     Reviewer Comment (2019-04-01): Deal settings indicate seller fees are excluding from testing. Exception Cleared.


Seller Comment (2019-04-01): 4/1: We did not exceed 10% tolerance fees, because sellers paid recording
fees are not to be included in this testing. In the state the mortgage
exists in, both the buyer and seller have to pay recording fees and that is
what happened here. These fees were not covered by seller paid credits, but
were the responsibilty of the seller.
 04/01/2019     1 A xx/xx/xxxx MN 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 C A Non QM Non QM Yes
xxxx 6000035362 xxxx 11308655 6000035362-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $4,145.41 exceeds tolerance of $1,607.00. Insufficient or no cure was provided to the borrower. (8304) No cure provided     Reviewer Comment (2019-04-01): Deal settings indicate seller fees are excluding from testing. Exception Cleared.


Seller Comment (2019-04-01): 3/28: In the state of minnesota the seller is responsible for paying the
deed transfer tax, and that tax was paid by the seller and is excluded from
tolerance testing. The amount of tax paid by the client was the same as
reported on the Loan Estimate, and the loan estimate does not include fees
that are paid by the seller by custom. Please clear this condition as it is
invalid.
 04/01/2019     1 A xx/xx/xxxx MN 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 C A Non QM Non QM Yes
xxxx 6000035362 xxxx 11308861 6000035362-4376 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Under disclosed by $2351.80     Reviewer Comment (2019-04-02): Received documentation that $2,349.62 of the $5,200 seller credit was applied to finance charges, fees are within tolerance.
 04/02/2019     1 A xx/xx/xxxx MN Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C A C A C A C A Non QM Non QM Yes
xxxx 6000035362 xxxx 11313800 6000035362-24848 03/27/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-03-28): Received copy of the CDA which supported the appraised value.
 03/28/2019     1 A xx/xx/xxxx MN Primary Purchase   C A C A C A C A Non QM Non QM No
xxxx 6000035363 xxxx 11309612 6000035363-2924 03/27/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-03-28): Client accepted the lender's internal data verify system to identify fraud.
 03/28/2019     1 A xx/xx/xxxx PA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035363 xxxx 11310120 6000035363-4264 03/27/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 1.12 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2019-04-02): Received additional asset documentation to verify 9 months reserves.
 04/02/2019     1 A xx/xx/xxxx PA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035363 xxxx 11310238 6000035363-6572 03/27/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Unable to locate documentation confirming when appraisal was sent to borrowers             2 B xx/xx/xxxx PA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035363 xxxx 11310239 6000035363-4826 03/27/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No amount listed in the exceeds legal limit box     Reviewer Comment (2019-03-29): The fee(s) were paid by the seller .
 03/29/2019     1 A xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035363 xxxx 11310242 6000035363-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Gas Escrow Holdback. Fee Amount of $300.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7712) No cure noted in file.     Reviewer Comment (2019-03-29): The fee(s) were paid by the seller .
 03/29/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035363 xxxx 11310243 6000035363-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Property Taxes Due. Fee Amount of $8,625.57 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77121) No cure noted in file.     Reviewer Comment (2019-03-29): The fee(s) were paid by the seller .
 03/29/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035363 xxxx 11310244 6000035363-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Water/Sewer Balance Due. Fee Amount of $231.92 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77122) No cure noted in file.     Reviewer Comment (2019-03-29): The fee(s) were paid by the seller .
 03/29/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035363 xxxx 11310247 6000035363-6542 03/27/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $25,668.00 exceeds tolerance of $12,834.00. Insufficient or no cure was provided to the borrower. (8304) No cure noted in file.     Reviewer Comment (2019-03-29): The fee(s) were paid by the seller .
 03/29/2019     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034512 xxxx 11668518 6000034512-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Desk review is required per the review scope and can't be located in the original file.     Reviewer Comment (2019-05-01): Desk Review was ordered and received supporting the Original Appraisal Value.
 03/15/2018     1 A xx/xx/xxxx NY Investment Purchase   C A A A     C A     No
xxxx 6000034514 xxxx 11668516 6000034514-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): Desk Review was ordered and received supporting the Original Appraisal Value.
 03/15/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     C A     No
xxxx 6000034514 xxxx 11668517 6000034514-3831 05/01/2019 Credit Credit Miscellaneous Credit Exception:   Missing copy of cancelled check for $93,000 earnest deposit.     Reviewer Comment (2019-05-01): Copy of the Cashiers check for $93,000 was provided.
 03/15/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     C A     No
xxxx 6000034513 xxxx 11668526 6000034513-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): Desk Review was ordered and received supporting the Original Appraisal Value.
 03/15/2018     1 A xx/xx/xxxx NY Investment Purchase   C A A A     C A     No
xxxx 6000034515 xxxx 11668522 6000034515-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Desk review is required per review and is not in file.     Reviewer Comment (2019-05-01): Desk Review was ordered and received supporting the Original Appraisal value.
 03/15/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A A A     C A     No
xxxx 6000034543 xxxx 11668520 6000034543-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): CDA provided with 0% variance. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A A A     C A     No
xxxx 6000034539 xxxx 11668519 6000034539-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): CDA provided with 0% variance. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     C A     No
xxxx 6000034539 xxxx 11668521 6000034539-4510 05/01/2019 Credit Income / Employment Income Documentation Missing Document: Employment Income Documentation not provided   employment letter on company letterhead required.     Reviewer Comment (2019-05-01): Employer letterhead confirming employment in file along with VVOE performed confirming details of letter. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     C A     No
xxxx 6000034539 xxxx 11668523 6000034539-23385 05/01/2019 Credit System General Valuation address does not match Note address. Valuation Type: Desk Review / Valuation Report Date: 08/11/2018 CDA address shows xxxx. Appraisal and Note reflect address as xxxx.     Reviewer Comment (2019-05-01): Schedule A Legal Description confirms address is one in the same.
 08/14/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     C A     No
xxxx 6000034540 xxxx 11668538 6000034540-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): CDA provided with 0% variance. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Purchase   C A A A     C A     No
xxxx 6000034542 xxxx 11668551 6000034542-23908 05/01/2019 Credit Missing Document General Missing Document: Evidence Lease Payments have cleared not provided         Reviewer Comment (2019-05-01): Guidelines effective 05/2018 applied. Exception cleared.
 08/14/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     C A     No
xxxx 6000034542 xxxx 11668554 6000034542-6569 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-01): CDA provided with 0% variance. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     C A     No
xxxx 6000034542 xxxx 11668556 6000034542-3831 05/01/2019 Credit Credit Miscellaneous Credit Exception:   The loan was approved with the DSLR < 1.20.     Reviewer Comment (2019-05-01): DSCR of 1.02 is greater than guideline minimum of .70. Exception cleared.
 08/13/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     C A     No
xxxx 6000034559 xxxx 11668583 6000034559-22773 05/01/2019 Credit Missing Document General Missing Document: Evidence Earnest Money Deposit (EMD) has cleared not provided         Reviewer Comment (2019-05-01): Transaction is a cash out refinance. Exception cleared.
 10/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034562 xxxx 11668594 6000034562-22773 05/01/2019 Credit Missing Document General Missing Document: Evidence Earnest Money Deposit (EMD) has cleared not provided   Missing Cancelled EMD check , borrower provided a copy of front and back of check with a signature.     Reviewer Comment (2019-05-01): Documentation in file is an online printout from bank reflecting check has cleared. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034562 xxxx 11668595 6000034562-23928 05/01/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Missing proof of citizenship.     Reviewer Comment (2019-05-01): Not required per guidelines.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034564 xxxx 11668597 6000034564-3831 05/01/2019 Credit Credit Miscellaneous Credit Exception:   File contains 442 Completion Report reflecting escrow holdback repairs were completed, however file is missing evidence of the funds release in the amount $2900.     Reviewer Comment (2019-05-01): Evidence of release provided. Exception cleared.
 11/20/2018     1 A xx/xx/xxxx NY Investment Purchase   A A A A     A A     No
xxxx 6000034576 xxxx 11668614 6000034576-23928 05/01/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-05-01): Not required per guidelines. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034577 xxxx 11668619 6000034577-2905 05/01/2019 Credit Loan Package Documentation Application / Processing Missing Document: Verification of Identification not provided         Reviewer Comment (2019-05-01): Identification provided. Exception cleared.
 11/20/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034577 xxxx 11668620 6000034577-23928 05/01/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-05-01): Not required per guidelines. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034578 xxxx 11668624 6000034578-2905 05/01/2019 Credit Loan Package Documentation Application / Processing Missing Document: Verification of Identification not provided         Reviewer Comment (2019-05-01): Identification provided. Exception cleared.
 11/20/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034578 xxxx 11668626 6000034578-5397 05/01/2019 Credit Fix and Flip General Verification of Borrower's identity is missing. Borrower: xxxx       Reviewer Comment (2019-05-01): Identification provided. Exception cleared.
 11/20/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034588 xxxx 11668651 6000034588-23928 05/01/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   The 1003 reports the borrower was a permanent resident alien, yet the documentation was not provided.     Reviewer Comment (2019-05-01): Not required per guidelines. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034590 xxxx 11668661 6000034590-4510 05/01/2019 Credit Income / Employment Income Documentation Missing Document: Employment Income Documentation not provided   Missing an employment letter on company letterhead with date, address, position, and amount of time employed.     Reviewer Comment (2019-05-01): Employment verification located in loan file. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034592 xxxx 11668664 6000034592-3831 05/01/2019 Credit Credit Miscellaneous Credit Exception:   File contains 442 Completion Report reflecting escrow holdback repairs were completed, however file is missing evidence of the funds release int he amount $4100.     Reviewer Comment (2019-05-01): Evidence of escrow release provided. Exception cleared.
 11/20/2018     1 A xx/xx/xxxx NY Investment Purchase   A A A A     A A     No
xxxx 6000034593 xxxx 11668666 6000034593-22773 05/01/2019 Credit Missing Document General Missing Document: Evidence Earnest Money Deposit (EMD) has cleared not provided   Borrower provided proof of deposit but not a copy of the canceled check,     Reviewer Comment (2019-05-01): Copy of cancelled check locate din file. Exception cleared.
 11/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034622 xxxx 11668678 6000034622-23915 05/01/2019 Credit Guideline Guideline Issue Guidelines require the borrower has been in business for a minimum of 2 years. Borrower: xxxx Per the CPA letter the borrower self employment began 1/11/2018. From the note date xx/xxxx the borrower has only been self employed for 22 months. Per guidelines a two year history is required. The file is missing evidence of prior employment with Max Tile to show a two year history.     Reviewer Comment (2019-05-01): VOE provided confirming prior employment. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034600 xxxx 11668680 6000034600-23928 05/01/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-05-01): Guidelines do not require ID's, however lender provided NY Driver license ID again and it was in the original file.
 12/12/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034626 xxxx 11668685 6000034626-23086 05/01/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $407,584.09 is less than Cash From Borrower $408,528.45. Borrower verified assets, checking $360,684.09 plus EMD $46900 is a total funds available of $407,584.09 which is insufficient to close of $408,528.45 per the HUD     Reviewer Comment (2019-05-01): Additional asset verification provided. Borrower has sufficient assets to close. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034615 xxxx 11668689 6000034615-2913 05/01/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - 1-4 Family not provided         Reviewer Comment (2019-05-01): 1-4 Family Rider provided. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034615 xxxx 11668690 6000034615-7894 05/01/2019 Credit Investment Product General Exception Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines Document: Assignment of Leases/Rents       Reviewer Comment (2019-05-01): Not required per guidelines. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034615 xxxx 11668691 6000034615-5380 05/01/2019 Credit Loan Package Documentation Application / Processing Missing Document: Operating Agreement not provided   Operating Agreement for xxxx. who is 100% owner ofxxxx is missing from file.     Reviewer Comment (2019-05-01): Not required per guidelines. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034613 xxxx 11668697 6000034613-23916 05/01/2019 Credit Guideline Guideline Issue Guidelines require CPA letter be present and have name of tax preparer and license number or EA number.   Per guidelines self employed borrowers require a letter from their accountant certifying the borrower has been in business for a minimum of two years, how long they have prepared the returns, percentage of the ownership, any DBA's and state the business is still active.     Reviewer Comment (2019-05-01): CPA letter provided. Exception cleared.
 12/14/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034608 xxxx 11668700 6000034608-23917 05/01/2019 Credit Guideline Guideline Issue Guidelines require employment letter be present in file for employment verification.   Missing an employment letter on company letterhead with date, address, position, and amount of time employed and verbal verification of employment.     Reviewer Comment (2019-05-01): Employment letter and VOE provided. Exception cleared.
 12/14/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034633 xxxx 11668701 6000034633-2876 05/01/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   The subject file was missing the first two pages of the security instrument     Reviewer Comment (2019-05-01): Complete Security Instrument provided. Exception cleared.
 12/17/2018     1 A xx/xx/xxxx NY Investment Purchase   D A D A     A A     No
xxxx 6000034604 xxxx 11668730 6000034604-3831 05/01/2019 Credit Credit Miscellaneous Credit Exception:   No evidence of release of escrow holdback of $3500 provided     Reviewer Comment (2019-05-01): LOX for escrow hold back release and final 442 are in file
 12/12/2018     1 A xx/xx/xxxx NY Investment Purchase   C A C A     A A     No
xxxx 6000034653 xxxx 11668703 6000034653-23916 05/01/2019 Credit Guideline Guideline Issue Guidelines require CPA letter be present and have name of tax preparer and license number or EA number.   Per guidelines a CPA letter is required for self employed borrower's verifying the name, DBA, and length of the borrower self employment.     Reviewer Comment (2019-05-01): CPA letter provided. Exception cleared.
 12/17/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034641 xxxx 11668719 6000034641-5351 05/01/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility There is no evidence of landlord insurance (hazard insurance plus liability) and thus casts doubt on the business purpose of the loan.   Rent loss not provided on the blanket or HO6 policy. Rental Loss coverage must be equal to or greater than 6 months PITI.     Reviewer Comment (2019-05-01): Guidelines do not list rental loss coverage as required under the condo requirements. Clarification has been vetted out with lender and client. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034641 xxxx 11668721 6000034641-5731 05/01/2019 Property Property - Appraisal Appraisal Reconciliation Desk Review value is less than Appraised value by at least 10%.   Appraised value is $705,000. Desk Review dated xx/xx/xxxx reflects a value of $600,000, a -11.7647% variance.     Reviewer Comment (2019-05-01): Field Review provided with a value of $705,000, a 0% variance. Exception cleared.
 12/20/2018     1 A xx/xx/xxxx NY Investment Refinance - Cash-out - Other   C A C A     A A     No
xxxx 6000034648 xxxx 11668733 6000034648-2876 05/01/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   The file is missing an executed notarized security instrument with all associated Riders listed.     Reviewer Comment (2019-05-01): Security Instrument and all Riders provided. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Purchase   D A D A     A A     No
xxxx 6000034648 xxxx 11668734 6000034648-4747 05/01/2019 Credit Loan Package Documentation Closing / Title Missing Final HUD-1         Reviewer Comment (2019-05-01): Final HUD-1 provided. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Purchase   D A D A     A A     No
xxxx 6000034648 xxxx 11668735 6000034648-2798 05/01/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The loan images are missing a signed final 1003     Reviewer Comment (2019-05-01): Final 1003 provided. Exception cleared.
 12/19/2018     1 A xx/xx/xxxx NY Investment Purchase   D A D A     A A     No
xxxx 6000032441 xxxx 12101428 6000032441-2859 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Loan Payoff Statement not provided   Missing payoff for private mortgage     Reviewer Comment (2019-05-31): payoff provided.
 04/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101432 6000032441-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) Loan qualified with bank statement income. xxxx submission sheet reflects HPQM.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
 04/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101435 6000032441-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.18010% or Final Disclosure APR of 7.22500% is in excess of allowable threshold of APOR 4.50% + 2.5%, or 7.00000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/27/2018 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101437 6000032441-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. QM status submitted as Rebuttable Presumption/Higher Priced QM.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
 04/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Higher Priced QM Non QM Yes
xxxx 6000032441 xxxx 12101440 6000032441-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.18010% or Final Disclosure APR of 7.22500% is in excess of allowable threshold of APOR 4.50% + 2.5%, or 7.00000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/27/2018 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101442 6000032441-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $.60.     Reviewer Comment (2019-05-31): Received copy of check, corrected CD, proof of delivery and LOE to borrower.
   05/29/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Higher Priced QM Non QM Yes
xxxx 6000032441 xxxx 12101444 6000032441-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $35.60 exceeds tolerance of $35.00. Insufficient or no cure was provided to the borrower. (7520) Fee disclosed as $35 on LE dated xx/xx/xxxx and as $35.60 on final CD.     Reviewer Comment (2019-05-31): f


Reviewer Comment (2019-05-31): Received copy of check, corrected CD, proof of delivery and LOE to borrower.


Reviewer Comment (2019-05-31): The $.60 tolerance violation was not reflected as a cure on the PCCD. Principal reduction is noted in the documents, but correct PCCD is required.


Reviewer Comment (2019-05-31): PC CD issued 5/8/18, 3/16/18 COC and LE issued 3/21/18 were provided to clear the exception. Credit report increased from $35 to $36 with no explanation on COC so fee was not rebaselined. $0.60 refund is still required.


Seller Comment (2019-05-31): LE and COC were provided, however COC did not address credit report fee increase.


Reviewer Comment (2019-05-31): LE and COC were provided, however COC did not address credit report fee increase.
 05/29/2018     1 A xx/xx/xxxx CA 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 A C B A A Higher Priced QM Non QM Yes
xxxx 6000032441 xxxx 12101446 6000032441-1257 05/31/2019 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. Bank statement income, should be NOn-QM. xxxx Submission sheets reflects HPQM.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Seller Comment (2019-05-31): please provide updated xxxx submission form with QM status of NonQM/ATR Compliant
 04/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101447 6000032441-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing letter of explanation for decrease in income. 24 months = $44,933.58. 12 months = $42,883.06. 6 months = $44,702.15. While 6 month average shows an increase from the prior 12 months, there is still a slight decrease from the prior 24 months. Guidelines require a letter of explanatiion.     Reviewer Comment (2019-05-31): Per client analysis, decline is small enough that it does not warrant LOE.


Buyer Comment (2019-05-31): (xxxx)please review. Income has stabilized and decline was less than 5%. Borrower is a dentist and cashflow is contingent on insurance and patient payments which are paid later and not at time service was provided Guidelines 'may' require an LOE. LOE does not appear to be warranted
 04/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101448 6000032441-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.     Buyer Comment (2019-05-31): non-material - bank statement doc type is a NonQM product.
     04/30/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM No
xxxx 6000032441 xxxx 12101449 6000032441-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $35.60 exceeds tolerance of $35.00. Sufficient or excess cure was provided to the borrower. (7520) Received copy of check, corrected CD, proof of delivery and LOE to borrower.     Reviewer Comment (2019-05-31): Received copy of check, corrected CD, proof of delivery and LOE to borrower.
   05/29/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM Non QM Yes
xxxx 6000032431 xxxx 12101635 6000032431-5731 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Desk Review value is less than Appraised value by at least 10%.     0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 746 vs 660

DTI below max by 5% or greater. 34% vs 43.000%		   Reviewer Comment (2019-05-31): 2 desk reviews were provided that supported the final sales price used for value, exception can be cleared.


Buyer Comment (2019-05-31): (xxxx)Attached, is BK recon report. xxxx allowed client to proceed as sales price of $950,000 at time of review was supported by third party review products. Final Sales Price$787,250. xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 34% vs 43.000%
FICO score above minimum by 20 points or greater. 746 vs 660
0 X 30 24 month housing history
     04/19/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A C B N/A N/A No
xxxx 6000032431 xxxx 12101636 6000032431-912 05/31/2019 Property Property - Appraisal Property Eligibility - Zoning and Usage Valuation Issue: Subject use is illegal for zoning. Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx Subject has been divided up into three units, each with a kitchen. Zoning is for SFR only. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 746 vs 660

DTI below max by 5% or greater. 34% vs 43.000%		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx pre-approved with the bwr's intent to return to a SFR. xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 34% vs 43.000%
FICO score above minimum by 20 points or greater. 746 vs 660
0 X 30 24 month housing history
     04/19/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A C B N/A N/A No
xxxx 6000032431 xxxx 12101638 6000032431-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Gross P&L Income of $31,967.82 is not within 10% variance of Average Monthly bank statement income of $24,576.50 (23%). LOE in file states borrower includes all income received to the P&L however does not always deposit the checks until jobs are complete and traveling causes untimely deposits of income. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 746 vs 660

DTI below max by 5% or greater. 34% vs 43.000%		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 34% vs 43.000%
FICO score above minimum by 20 points or greater. 746 vs 660
0 X 30 24 month housing history
     04/23/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A C B N/A N/A No
xxxx 6000032431 xxxx 12101639 6000032431-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Most recent 2 months bank statements not stamped The two most recent months must be pulled by the originator directly from the financial institution, certified true by a bank officer, validated by a written VOD, or confirmed by a third part direct pull service was not provided. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 746 vs 660

DTI below max by 5% or greater. 34% vs 43.000%		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater. 34% vs 43.000%
FICO score above minimum by 20 points or greater. 746 vs 660
0 X 30 24 month housing history
     04/19/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A C B N/A N/A No
xxxx 6000032389 xxxx 12101401 6000032389-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   VA Residual Income Worksheet does not reflect breakdown of Federal, State, Social Security and Medicare taxes.     Reviewer Comment (2019-05-31): VA WS provided.


Buyer Comment (2019-05-31): (xxxx)please see updated VA worksheet
 04/27/2018     1 A xx/xx/xxxx NY Primary Purchase   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032389 xxxx 12101403 6000032389-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's ATR Cert. PITIA reserves above minimum by 6 months or greater: 35.21 vs 12

FICO score above minimum by 20 points or greater: 722 vs 640

DTI below max by 5% or greater: 36.44% vs 43%		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes
     04/20/2018 2 B xx/xx/xxxx NY Primary Purchase   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032389 xxxx 12101405 6000032389-7457 05/31/2019 Compliance Compliance Federal Compliance Sole Proprietorship Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). (xxxx/Schedule C) Missing borrower's signature on 2015/2016 returns. File has incomplete 2017 P&L with completed 2018 YTD P&L.     Reviewer Comment (2019-05-31): Income docs provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/26/2018     1 A xx/xx/xxxx NY Primary Purchase   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032389 xxxx 12101406 6000032389-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.00580% or Final Disclosure APR of 7.00600% is in excess of allowable threshold of APOR 4.44% + 2.5%, or 6.94000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/20/2018 1 A xx/xx/xxxx NY Primary Purchase   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032389 xxxx 12101407 6000032389-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. xxxx Submission sheet showed QM Safe Harbor. Due Diligence review determined loan designation of Non QM     Reviewer Comment (2019-05-31): Submission as QM rebuttable presumption or higher priced QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Buyer Comment (2019-05-31): (xxxx)please see updated xxxx sub. form


Reviewer Comment (2019-05-31): As of xx/xx/xxxx/18, loan is higher priced QM so updated xxxx submission is required.
 04/27/2018     1 A xx/xx/xxxx NY Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032389 xxxx 12101409 6000032389-6642 05/31/2019 Compliance Compliance Federal Compliance 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 matches the Due Diligence Loan Designation of Higher Priced QM. Submission as QM rebuttable presumption or higher priced QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.     Reviewer Comment (2019-05-31): Submission as QM rebuttable presumption or higher priced QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
   04/27/2018   2 B xx/xx/xxxx NY Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032388 xxxx 12101451 6000032388-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   Time on Job of 5 years or greater

FICO score above minimum by 20 points or greater, 721 VS 620

DTI below max by 5% or greater		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     04/16/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032388 xxxx 12101455 6000032388-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.94440% or Final Disclosure APR of 7.13700% is in excess of allowable threshold of APOR 4.41% + 2.5%, or 6.91000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/16/2018 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032388 xxxx 12101458 6000032388-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.94440% or Final Disclosure APR of 7.13700% is in excess of allowable threshold of APOR 4.41% + 2.5%, or 6.91000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/16/2018 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032388 xxxx 12101463 6000032388-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Rescission document reflects transaction date of xx/xx/xxxx. Loan disbursed xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue, loan funded xx/xx/xxxx. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): Please provide borrower with new ROR, LOE and proof of delivery
   04/19/2018   2 B xx/xx/xxxx CA 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 B C B A A Non QM Non QM Yes
xxxx 6000032388 xxxx 12101465 6000032388-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) CD closing date is xx/xx/xxxx, notary date on mortgage was xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide a PC CD, with the correct closing date and LOE to borrower
   04/19/2018   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032388 xxxx 12101466 6000032388-4404 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final CD reflects Total Interest Percentage as 146.585, actual TIP is 142.032. Unable to determine indexed used at origination. Index used for testing was 2.381     Reviewer Comment (2019-05-31): Lenders index provided.


Seller Comment (2019-05-31): Index Used by PFN is 2.671%
 04/19/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032388 xxxx 12101469 6000032388-4846 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/xx/xx/xxxx) Financing box is not completed on any of the CD's provided to the borrower.     Buyer Comment (2019-05-31): Non-material.


Reviewer Comment (2019-05-31): PC CD reflected $4318.36 closing costs financed, calculated is $8,075.16.


Seller Comment (2019-05-31): Revised PCCD reflecting Amount Financed
     04/23/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032445 xxxx 12101402 6000032445-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date
Security Instrument notarized on xx/xx/xxxx		     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   04/30/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000032434 xxxx 12101456 6000032434-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.         Reviewer Comment (2019-05-31): VA WS provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/30/2018     1 A xx/xx/xxxx AZ Primary Purchase   B B B A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000032434 xxxx 12101462 6000032434-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.42470% or Final Disclosure APR of 7.43400% is in excess of allowable threshold of APOR 4.43% + 1.5%, or 5.93000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/11/2018 1 A xx/xx/xxxx AZ Primary Purchase   B B B A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000032434 xxxx 12101464 6000032434-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $575.00 exceeds tolerance of $475.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           04/10/2018   1 A xx/xx/xxxx AZ Primary Purchase Final CD evidences Cure B B B A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000032434 xxxx 12101468 6000032434-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date of xx/xx/xxxx. Closing date was xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery
   04/30/2018   1 A xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000032434 xxxx 12101471 6000032434-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) Homeowner's insurance of $65.42/mth for 12 mths does not match insurance premium of $810.01.     Buyer Comment (2019-05-31): Non-material: Bwr's yearly premium is $785.04. Prior payment was paid in full $24.97.
     04/12/2018 2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000032394 xxxx 12101413 6000032394-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Borrower ATR Certification PITIA reserves above minimum by 6 months or greater: 35.68 vs 6

DTI below max by 5% or greater: 36.16% vs 43%

Time on Job of 5 years or greater: 17.13 years

FICO score above minimum by 20 points or greater: 714 vs 680		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes
     05/08/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Higher Priced QM Higher Priced QM No
xxxx 6000032394 xxxx 12101414 6000032394-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Missing Residual income calculation which is required on Higher Priced Mortgage Loans.     Reviewer Comment (2019-05-31): VA WS provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Seller provided FHA WS rather than VA worksheet.
 05/18/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Higher Priced QM Higher Priced QM No
xxxx 6000032394 xxxx 12101415 6000032394-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.93250% or Final Disclosure APR of 6.93700% is in excess of allowable threshold of APOR 4.49% + 1.5%, or 5.99000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/08/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Higher Priced QM Higher Priced QM No
xxxx 6000032394 xxxx 12101416 6000032394-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.93250% or Final Disclosure APR of 6.93700% is in excess of allowable threshold of APOR 4.49% + 1.5%, or 5.99000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/08/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Higher Priced QM Higher Priced QM No
xxxx 6000032394 xxxx 12101420 6000032394-23698 05/31/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx File has Credco Pro-Scan Alert and Red Flag Summary.     Reviewer Comment (2019-05-31): Fraud report provided.
 05/17/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Higher Priced QM Higher Priced QM No
xxxx 6000032435 xxxx 12101506 6000032435-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/04/27/2018) Please provide evidence Report dated 4/27/2018 was provided. Receipt in file showed provided date of xx/xx/xxxx, which was for a prior report.     Buyer Comment (2019-05-31): Non-material: Appraiser updated owner of record at UW request. Clerical update did not impact value.


Reviewer Comment (2019-05-31): Earlier report was provided. Please provide evidence that 4/27/18 report was provided to borrower to clear this exception.
     05/17/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032435 xxxx 12101512 6000032435-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.08600% or Final Disclosure APR of 8.15600% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/14/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032435 xxxx 12101515 6000032435-4087 05/31/2019 Compliance Compliance Federal Compliance RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.       Reviewer Comment (2019-05-31): Signed disclosure provided.
 05/17/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032435 xxxx 12101516 6000032435-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 8.08600% or Final Disclosure APR of 8.15600% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/14/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032435 xxxx 12101521 6000032435-24186 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $3,453.50 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) CD reflects $3,798.85, calculates to be $4,144.20. ($345.35 x 12)     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower, as well as evidence of refund and shipping. This is the appropriate documentation required to cure the exception.
   05/18/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032435 xxxx 12101528 6000032435-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): hi,
please see attached pcd, loe to borrower and certification of delivery method.
thank you,
   05/17/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032435 xxxx 12101530 6000032435-4957 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Endorsement and Title Insurance fees reflected in section B, should be in section C. Provider used is not listed on SSPL.     Buyer Comment (2019-05-31): Non-material: Fees passed tolerance testing
     05/17/2018 2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032435 xxxx 12101532 6000032435-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Disclosure in file is incomplete. Only reflects sales price, property taxes and HOA dues paid.     Reviewer Comment (2019-05-31): CD was provided for builder sale with no costs associated.
 05/17/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032435 xxxx 12101534 6000032435-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx LOE Declining Income Missing explanation for income declining from $38,341.98 (24 months) to $37,643.90 (12 months) to $37,282.44 (6 months). Residual income greater than 3X the VA: $3,222.37 vs $491 per VA Residual Income Worksheet

Time on Job of 5 years or greater: 10.22 years

PITIA reserves above minimum by 6 months or greater:22.84 vs 3		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Cash Flow decline is -2.76, less than 5% and is not a material decline. As noted P&L show an increase. xxxx elects to waive with compensating factors:

PITIA reserves above minimum by 6 months or greater:22.84 vs 3

Time on Job of 5 years or greater: 10.22 years

Residual income greater than 3X the VA: $3,222.37 vs $491 per VA Residual Income Worksheet


Buyer Comment (2019-05-31): (xxxx)Cash Flow decline is -2.76, less than 5% and is not a material decline. As noted P&L show an increase. xxxx elects to waive with compensating factors:
PITIA reserves above minimum by 6 months or greater:22.84 vs 3
Time on Job of 5 years or greater: 10.22 years
Residual income greater than 3X the VA: $3,222.37 vs $491 per VA Residual Income Worksheet


Reviewer Comment (2019-05-31): Per deposit analysis, income is declining as noted in exception. LOE is required.


Buyer Comment (2019-05-31): (xxxx)please see comments from underwriter:
The P&L we have through year end 2017 shows gross income of $496540 and net profit of $134955 and the P&L we have for year end 2016 shows gross income $489,000 and net profit of $131895 so the income is increasing from 2016 to 2017. In addition, the total qualifying deposits for 2017 asset statements is $575409.27 and for 2016 it is $540457 so the net deposits from the business for 2016 and 2017 is also increasing
     05/21/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032379 xxxx 12101410 6000032379-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.19490% or Final Disclosure APR of 7.19500% is in excess of allowable threshold of APOR 4.42% + 2.5%, or 6.92000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/15/2018 1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032379 xxxx 12101412 6000032379-24190 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $53,732.64 on Final Closing Disclosure provided on 05/01/2018 not accurate. (Final/05/01/2018) CD reflects $53,732.64, calculates to be $53.050.92. ($4,420.91 x 12).     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Buyer Comment (2019-05-31): (xxxx)please see docs
   05/17/2018   2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032379 xxxx 12101417 6000032379-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's ATR Cert. PITIA reserves above minimum by 6 months or greater 73.16 vs 12.00

FICO score above minimum by 20 points or greater. 759 vs 640

DTI below max by 5% or greater. 29.33% vs 43.00%		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes.
     05/15/2018 2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032379 xxxx 12101419 6000032379-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Bank Statements - Business Missing 12 months business bank statements to meet minimum requirement of 24. Lender requested an exception, however the xxxx Exception Waiver Approval form not found in file. Note: AES is for a 24 month period. Guidelines indicate P&L should generally cover the same period as bank statements provided.     Reviewer Comment (2019-05-31): Additional assets and LOE for income decline provided.


Buyer Comment (2019-05-31): (xxxx)please see complete set of 24 month bank statements
 05/21/2018     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032379 xxxx 12101421 6000032379-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $750.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)           05/15/2018   1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000032379 xxxx 12101422 6000032379-4266 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of $1,987,279.83 is greater than Guideline total cash-out of $800,000.00. Maximum cash out for LTV that is 50% up to 70% is 40% of the loan amount which calculates to be $xxx. PITIA reserves above minimum by 6 months or greater 73.16 vs 12.00

FICO score above minimum by 20 points or greater. 759 vs 640

DTI below max by 5% or greater. 29.33% vs 43.00%		   Reviewer Comment (2019-05-31): xxxx Matrix - QC Notes.
     05/15/2018 2 B xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032379 xxxx 12101423 6000032379-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): AUS provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 05/17/2018     1 A xx/xx/xxxx NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032393 xxxx 12101450 6000032393-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing xxxx Submission sheet     Reviewer Comment (2019-05-31): xxxx submission provided.


Buyer Comment (2019-05-31): (xxxx)Please see docs
 05/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Safe Harbor QM No
xxxx 6000032393 xxxx 12101452 6000032393-1153 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date. Rate lock agreement was not provided     Reviewer Comment (2019-05-31): Lock provided.
 05/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Safe Harbor QM No
xxxx 6000032393 xxxx 12101454 6000032393-4205 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) QM Test Data Missing - Last Rate Set Date Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date. Rate lock agreement was not provided     Reviewer Comment (2019-05-31): Lock provided.


Buyer Comment (2019-05-31): (xxxx)please see rate lock
 05/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Safe Harbor QM No
xxxx 6000032393 xxxx 12101457 6000032393-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM. xxxx Submission sheet with originator designation not provided.     Reviewer Comment (2019-05-31): xxxx submission provided.
 05/10/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Safe Harbor QM Yes
xxxx 6000032393 xxxx 12101461 6000032393-6642 05/31/2019 Compliance Compliance Federal Compliance 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 Safe Harbor QM matches the Due Diligence Loan Designation of Safe Harbor QM. xxxx submission provided.     Reviewer Comment (2019-05-31): xxxx submission provided.
   05/10/2018   2 B xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A UTD Safe Harbor QM No
xxxx 6000032439 xxxx 12101525 6000032439-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.48850% or Final Disclosure APR of 7.48600% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/27/2018 1 A xx/xx/xxxx IL Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032439 xxxx 12101531 6000032439-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $125.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Buyer Comment (2019-05-31): (xxxx)please see docs
   05/11/2018   2 B xx/xx/xxxx IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032439 xxxx 12101536 6000032439-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $525.00 exceeds tolerance of $425.00. Insufficient or no cure was provided to the borrower. (7506) A COC was completed on 03/19/18 but it does not state why a $100 rush appraisal fee was added and also indicates fee was lender paid. CD reflects a $100 credit, however the lander paid fee is not designated on the disclosure.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Reviewer Comment (2019-05-31): A valid cure was provided, however there is still an outstanding 0% tolerance exception. This exception will be cured when the additional tolerance exception is resolved.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): This would be a violation in should also be included on bottom of page 2 and top of page 3 as amount exceeding legal limit. Exception remains.


Buyer Comment (2019-05-31): (xxxx) the fee was charged to the borrower in section B line 01 as $100.00. We then credited them back the $100.00 in section J as promised per the Loan Estimate.
   05/11/2018   2 B xx/xx/xxxx IL 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 B B A A Non QM Non QM Yes
xxxx 6000032439 xxxx 12101538 6000032439-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77173) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing.     Reviewer Comment (2019-05-31): Evidence was provided that the courier fee was charged in connection with other title fees, subsequently it was included in 10% tolerance and it was sufficiently disclosed.


Reviewer Comment (2019-05-31): Fee is paid to a 3rd party not listed on SSPL, subsequently is is part of 0% testing. If the fee was paid to title agent FBO closer, this would make the fee a title fee and include in 10% testing. An attestation that the fee was paid in association with closing fees would also be sufficient. Exception remains.


Buyer Comment (2019-05-31): (xxxx)No tolerance cure is needed for the fees listed above. The provider was borrower chosen and the payee for the courier fee is associated with the title co. as she is the individual who closed the loan and is listed as the contact on page 5 of the CD.
 05/11/2018     1 A xx/xx/xxxx IL 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 B B A A Non QM Non QM Yes
xxxx 6000032439 xxxx 12101540 6000032439-18826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Final/xx/xx/xxxx) CPL fee reflected in section C and TI fee reflected in section H.     Buyer Comment (2019-05-31): non-material: Description characters are restricted / clerical only
     04/30/2018 2 B xx/xx/xxxx IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032439 xxxx 12101544 6000032439-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Borrower's ATR Cert. DTI below max by 5% or greater: 37.96% vs 43%

FICO score above minimum by 20 points or greater: 713 vs 580

PITIA reserves above minimum by 6 months or greater: 18.44 vs 6

Time on Job of 5 years or greater: 10.10 years		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes.
     04/26/2018 2 B xx/xx/xxxx IL Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101588 6000032447-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/04/11/2018)       Reviewer Comment (2019-05-31): Lender provided Appraisal/Valuation Acknowledgment signed by borrower on xx/xx/xxxx verifying receipt of report three or more business days prior to closing.
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101592 6000032447-6446 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.79850% or Final Disclosure APR of 6.84500% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Non-Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Lender provided Appraisal/Valuation Acknowledgment signed by borrower on xx/xx/xxxx verifying receipt of report three or more business days prior to closing.


Seller Comment (2019-05-31): Please provide more information - what is needed? Thank you!
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101599 6000032447-7013 05/31/2019 Compliance Compliance Federal Compliance (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. (Type:Primary/04/11/2018)       Reviewer Comment (2019-05-31): Lender provided Appraisal/Valuation Acknowledgment signed by borrower on xx/xx/xxxx verifying receipt of report three or more business days prior to closing.
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101607 6000032447-4959 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: There is a partially completed TRID disclosure in file, which is insufficient to complete testing.   CD issued 4/5/2018 does not indicate that it is either an estimate or draft copy.     Reviewer Comment (2019-05-31): Attestation was provided that CD was never provided to borrower and was for internal use only.


Seller Comment (2019-05-31): CD in file does not say draft or estimate, subsequently lender needs to provide an affidavit that the CD was never provided to borrower. Doc upload history does not suffice, affidavit is required.
 06/04/2018     1 A xx/xx/xxxx MO Primary Purchase Letter of Explanation & Corrected Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032447 xxxx 12101611 6000032447-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Missing documentation verifying Tax Service fee reflected as paid to Lender on the Final CD is a pass through fee.     Buyer Comment (2019-05-31): Non-material, client response: At the time of closing we are not always sure who the ultimate payee will be, which is why we use Flat Branch and include it in our points and fees count.


Reviewer Comment (2019-05-31): No new information provided. Please provide an invoice or other documentation verifying the ultimate payee. Exception remains open.


Seller Comment (2019-05-31): Since we do not know who the ultimate payee will be at the time of closing, we put down xxx and include it in our points and fees.
     05/30/2018 2 B xx/xx/xxxx MO Primary Purchase Good Faith Redisclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032447 xxxx 12101617 6000032447-2883 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Documentation in file reflects appraised value and assessed value only.     Reviewer Comment (2019-05-31): Lender provided tax cert verifying taxes of $1,615.92 annually.
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101619 6000032447-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Evidence of earlier receipt not found in file.     Buyer Comment (2019-05-31): Non-material: LE dated 3/26, signed Toolkit dated 3/30.


Reviewer Comment (2019-05-31): Lender provided Home Loan Toolkit disclosure signed on 3/30/2018, however this is not within 3 business days of the application date of xx/xx/xxxx. There is no other date than the signature date reflected on the disclosure. Please provide documentation borrower was provided with this disclosure within the 3 day limit. Exception remains open.


Reviewer Comment (2019-05-31): No trailing docs provided since 5/29. Please re-upload.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Lender provided the same disclosure that was in the original file. This disclosure reflects the borrower's signature dated 3/30/2018 which was used for data input. There is no evidence of an earlier date that the lender provided the disclosure to the borrower. Exception remains open.
     06/01/2018 2 B xx/xx/xxxx MO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101621 6000032447-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,409.38 exceeds tolerance of $1,228.00 plus 10% or $1,350.80. Sufficient or excess cure was provided to the borrower at Closing. (0)           05/24/2018   1 A xx/xx/xxxx MO Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000032447 xxxx 12101624 6000032447-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's attestation of no new debt. Credit Report dated 3/2/2018. Note date xx/xx/xxxx.     Reviewer Comment (2019-05-31): Lender provided signed attestation from borrower of no new debt.
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101626 6000032447-767 05/31/2019 Credit Credit Credit Eligibility Public Record Issue: Credit Report: Original // Public Record Type: Tax Liens / Balance: 18580.00 Missing verification tax lien has been paid.     Reviewer Comment (2019-05-31): Lender provided a copy of a cancelled check for the payoff of 2008 tax lien along with a Certificate of Release dated xx/xx/xxxx.


Seller Comment (2019-05-31): Will the lien release provided not suffice?
 05/30/2018     1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032447 xxxx 12101629 6000032447-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.79850% or Final Disclosure APR of 6.84500% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly. Exception went from Non-Compliant to Compliant with documentation provided verifying receipt of appraisal three or more business days prior to closing.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan
     06/01/2018 1 A xx/xx/xxxx MO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101487 6000032390-4506 05/31/2019 Credit Assets Asset Documentation Missing Document: Asset Documentation not provided   Missing Business Bank statements used for qualifying. Only have January 2017 - March 2017 and first page of April 2017. Missing May 2017 through Dec 2017 and all of 2016 statements     Reviewer Comment (2019-05-31): Remaining statements provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/12/2018     1 A xx/xx/xxxx TX Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101489 6000032390-2800 05/31/2019 Credit Credit Credit Documentation Missing Document: Credit Report not provided   Credit report dated 2/19/18 missing from loan package     Reviewer Comment (2019-05-31): Report provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/12/2018     1 A xx/xx/xxxx TX Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101492 6000032390-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing cancelled checks or bank statements for verification of rent FICO score above minimum by 20 points or greater: 719 vs 680

PITIA reserves above minimum by 6 months or greater: 13.23 vs 3		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
PITIA reserves above minimum by 6 months or greater: 13.23 vs 3
FICO score above minimum by 20 points or greater: 719 vs 680


Reviewer Comment (2019-05-31): LOE was provided stating the borrower paid father in law in cash who held lease for the borrower. Exception remains.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/13/2018 2 B xx/xx/xxxx TX Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101494 6000032390-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.50780% or Final Disclosure APR of 7.53800% is in excess of allowable threshold of APOR 4.42% + 1.5%, or 5.92000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/03/2018 1 A xx/xx/xxxx TX Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101499 6000032390-4665 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure AIR Table Minimum Interest Rate TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Minimum Interest Rate that does not match the actual minimum interest rate for the loan. (Final/xx/xx/xxxx) CD reflects 5%, calculates to be 6.50%.     Reviewer Comment (2019-05-31): A letter of explanation to the borrower that accompanied a previously supplied PC CD was provided. This is the appropriate documentation required to cure the exception.


Buyer Comment (2019-05-31): (xxxx)please see LOE


Reviewer Comment (2019-05-31): PC CD was provided along with letter from letter attesting to hand delivery, however the LOE regarding changes was not included with the corrected PC CD and lender letter. Unable to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/13/2018   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101500 6000032390-4357 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) CD reflects not assumable. Note reflects asumable after fixed rate period.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.
   04/13/2018   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101504 6000032390-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $850, calculates to be $840. ($70 x 12)     Buyer Comment (2019-05-31): Non-material: yearly premium is $840, borrower paid an additional $10 processing fee to insurance agent
     04/05/2018 2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101507 6000032390-4890 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/397656) CD reflects 1,065.00, calculates to be $1,230.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.
   04/13/2018   2 B xx/xx/xxxx TX Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101510 6000032390-4890 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/397657) CD reflects 1,065.00, calculates to be $1,230.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.
   04/13/2018   2 B xx/xx/xxxx TX Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101513 6000032390-4890 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/397658) CD reflects 1,065.00, calculates to be $1,230.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.
   04/13/2018   2 B xx/xx/xxxx TX Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B D B B B A A Non QM Non QM Yes
xxxx 6000032390 xxxx 12101517 6000032390-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-05-31): Evidence of earlier receipt was provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/12/2018     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure D B D B B B A A Non QM Non QM No
xxxx 6000032390 xxxx 12101520 6000032390-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date 3/16/2018. Provided date 3/9/2018. Effective date 3/8/2018.     Reviewer Comment (2019-05-31): Disclosure provided showing received prior to c lose.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/12/2018     1 A xx/xx/xxxx TX Primary Purchase   D B D B B B A A Non QM Non QM No
xxxx 6000032402 xxxx 12101659 6000032402-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   PITIA reserves above minimum by 6 months or greater. 50 vs 18 months

0 X 30 24 month housing history. Current residence 52 months 0x30

Time on Job of 5 years or greater. Borrower has been a Self Employed xxx in the xxx industry for 32 years.

DTI below max by 5% or greater		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     05/16/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032402 xxxx 12101661 6000032402-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.20300% or Final Disclosure APR of 7.24600% is in excess of allowable threshold of APOR 4.42% + 2.5%, or 6.92000%. Compliant Higher Priced Loan. Compliant Higher Priced Loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Loan.
     05/16/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032402 xxxx 12101662 6000032402-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $880.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507) Sufficient cure was provided.         05/15/2018   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
xxxx 6000032402 xxxx 12101664 6000032402-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.20300% or Final Disclosure APR of 7.24600% is in excess of allowable threshold of APOR 4.42% + 2.5%, or 6.92000%. Compliant Higher Priced Mortgage Loan. Compliant higher priced loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Loan.
     05/16/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032402 xxxx 12101665 6000032402-6241 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of $xxx is greater than Guideline maximum loan amount of $2,000,000.00. Loan amount of xxx exceeds guideline maximum of $2,000,000.
A xxxx Eligibility Waiver was not provided.		 PITIA reserves above minimum by 6 months or greater. 50 vs 18 months

0 X 30 24 month housing history. Current residence 52 months 0x30

Time on Job of 5 years or greater. Borrower has been a Self Employed xxx in the xxx industry for 32 years.

DTI below max by 5% or greater		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater - 37% vs. 43%
Time on Job of 5 years or greater. Borrower has been a Self Employed xxx in the xxx industry for 32 years.
0 X 30 24 month housing history. Current residence 52 months 0x30
PITIA reserves above minimum by 6 months or greater. 50 vs 18 months
     05/17/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032398 xxxx 12101593 6000032398-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Missing Residual income calculation required. DTI is above 43%     Reviewer Comment (2019-05-31): VA WS provided.


Buyer Comment (2019-05-31): (xxxx)please see worksheet
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101597 6000032398-6565 05/31/2019 Property Property - Appraisal General Appraisal Requirements HOA Information must be Yes on a Condo or PUD.   HOA fee missing from appraisal. HOA document in file reflects the fee as maintenance funds and not monthly dues.     Reviewer Comment (2019-05-31): Property not in a PUD


Buyer Comment (2019-05-31): (xxxx)The property is not in a PUD. Page 2 of the addendum of the appraisal states specifically not in a PUD but the tax cert does indicate maintenance and security fees for the subject property so we included those fees in the DTI. We verified with Maintenance Information Services that there are NO HOA dues. The only dues that are required are the ones that are listed on the attachment to the tax cert.


Seller Comment (2019-05-31): The property is not in a PUD. Page 2 of the addendum of the appraisal states specifically not in a PUD but the tax cert does indicate maintenance and security fees for the subject property so we included those fees in the DTI. We verified with Maintenance Information Services that there are NO HOA dues. The only dues that are required are the ones that are listed on the attachment to the tax cert.


Reviewer Comment (2019-05-31): Appraisal correction is required to clear this exception.


Seller Comment (2019-05-31): please provide documentation to verify HOA dues
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101600 6000032398-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing cancelled checks or bank debits for verification of rent FICO score above minimum by 20 points or greater. 706 vs 680

PITIA reserves above minimum by 6 months or greater. 23.77 vs 12 months		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)File contains an institutional VOR. xxxx elects to waive with compensating factors:
PITIA reserves above minimum by 6 months or greater. 23.77 vs 12 months
FICO score above minimum by 20 points or greater. 706 vs 680
     05/22/2018 2 B xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101606 6000032398-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Borrower's ATR Certification     Reviewer Comment (2019-05-31): Used alt docs per client.


Buyer Comment (2019-05-31): (xxxx)please utilize final signed 1003 and toolkit delivery to meet xxxx Requirement.
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101608 6000032398-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. Submission Sheet submitted as QM: Safe Harbor however loan does not meet Appendix Q requirements.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase Lender to provide updated ATR/QM status C B C B C B C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101612 6000032398-1257 05/31/2019 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. Loan originator designation submitted as Safe Harbor however DTI exceeds 43%. Transmittal Summary reflects the loan as Non-QM.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Seller Comment (2019-05-31): Submission as QM was provided, this does not clear exceptions.Please provide updated submission form with QM Status of NonQM/ATR Compliant


Reviewer Comment (2019-05-31): Submission as QM was provided, this does not clear exceptions.


Seller Comment (2019-05-31): No submission provided.


Reviewer Comment (2019-05-31): No submission provided.


Seller Comment (2019-05-31): Loan designated as QM: Safe Harbor on xxxx Submission Form. Please provide updated submission form with QM Status of NonQM/ATR Compliant
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101616 6000032398-2683 05/31/2019 Compliance Compliance Federal Compliance QM Points and Fees Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of 4.27267% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $43,570.00 on a Federal Total Loan Amount of $1,019,738.14 vs. an allowable total of $30,592.14 (an overage of $12,977.86 or 1.27267%). Points and fees are excessive.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Seller Comment (2019-05-31): Submission as Safe Harbor was provided, exception remains.


Reviewer Comment (2019-05-31): Submission as Safe Harbor was provided, exception remains.


Seller Comment (2019-05-31): Loan designated as QM: Safe Harbor on xxxx Submission Form. Please provide updated submission form with QM Status of NonQM/ATR Compliant
 05/22/2018     1 A xx/xx/xxxx TX Primary Purchase If a creditor or assignee determines after consummation that the total points and fees exceeds the 3% limit, but the loan meets the other requirements to be a QM, the excess amount can be refunded, including interest at the contract rate from consummation to the date of cure, with the following conditions:
1) The refund is made within 210 days of consummation;
2) The consumer has not instituted any actions against the creditor or provided written notice that the loan's fees exceeded the legal limit;
3) The loan is not 60 days delinquent;
4) The creditor or assignee (depending who is curing) has policies in place to identify and cure excessive fees collected from the consumer (the creditor or assignee can only take advantage of this cure provision if they maintain policies and procedures for post-consummation review of points and fees and for providing the cure payments).
The lender will also be required to provide a copy of the refund check and proof of delivery.		 C B C B C B C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101620 6000032398-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) $3608 Prepaid amount for Homeowners insurance / 12 months = $300.67
Monthly amount listed on CD = $361.09		     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): No PC CD provided.


Reviewer Comment (2019-05-31): No PC CD provided.


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery
   05/22/2018   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101623 6000032398-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $799.92 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Non Escrow property costs for 1 year on CD = $799.92
Amount listed on HOA document = $448.20		     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery
   05/22/2018   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101625 6000032398-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure was provided.     Reviewer Comment (2019-05-31): No tolerance violation.
 06/04/2018     1 A xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101628 6000032398-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Initial CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.     Reviewer Comment (2019-05-31): Earlier CD provided.
 05/11/2018     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032398 xxxx 12101630 6000032398-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $17,720.00 exceeds tolerance of $6,800.00. Insufficient or no cure was provided to the borrower. (7200) No proof of cure provided to the borrower found     Reviewer Comment (2019-05-31): Received VCC for increase in fee.


Reviewer Comment (2019-05-31): The same CoC was provided for both LEs which isn’t allowed. What we would need is documented proof that the fee was locked at $6800; and then another CoC, showing why the fee was increased again, on the same day, to $17,720. Supporting documentation will be required for validity of second increase.


Seller Comment (2019-05-31): A new copy of a 4/6/18 LE was provided with increased points, however no COC was provided regarding the change. An existing copy of LE issued in file with lower discount points appears to be identical except for fee increase, the COC for that LE noted rate lock at increased rate. Please provide COC for discount increase on 2nd 4/6/18 LE. LOE for issue of 2nd LE on same day may also be required if COC is unclear.


Reviewer Comment (2019-05-31): A new copy of a 4/6/18 LE was provided with increased points, however no COC was provided regarding the change. An existing copy of LE issued in file with lower discount points appears to be identical except for fee increase, the COC for that LE noted rate lock at increased rate. Please provide COC for discount increase on 2nd 4/6/18 LE. LOE for issue of 2nd LE on same day may also be required if COC is unclear.


Seller Comment (2019-05-31): LE provided, please provide a valid change of circumstance to be reviewed.
 06/04/2018     1 A xx/xx/xxxx TX 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 C A Safe Harbor QM Non QM Yes
xxxx 6000032398 xxxx 12101634 6000032398-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. NonQM submission provided.     Reviewer Comment (2019-05-31): NonQM submission provided.
   05/22/2018   2 B xx/xx/xxxx TX Primary Purchase   C B C B C B C A Safe Harbor QM Non QM No
xxxx 6000032397 xxxx 12101674 6000032397-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 8.93 is less than Guideline PITIA months reserves of 9.00.   FICO score above minimum by 20 points or greater: 701 vs 620

DTI below max by 5% or greater: 36.53% vs 43%

Time on Job of 5 years or greater: 11.70 years.

0 X 30 24 month housing history		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
0 X 30 24 month housing history
Time on Job of 5 years or greater: 11.70 years.
DTI below max by 5% or greater: 36.53% vs 43%
FICO score above minimum by 20 points or greater: 701 vs 620
     05/21/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101675 6000032397-22154 05/31/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Although CD reflects1 year insurance premium paid at close and 2 months escrowed. CD reflects disbursement date of xx/xx/xxxx and insurance policy does not go into effect until xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC CD with 5/3/18 funding date provided.


Seller Comment (2019-05-31): Please see PCCD, LOE and Tracking provided. PCCD displays accurate dates.
 05/14/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101677 6000032397-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.20940% or Final Disclosure APR of 7.21200% is in excess of allowable threshold of APOR 4.45% + 2.5%, or 6.95000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/10/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101678 6000032397-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.20940% or Final Disclosure APR of 7.21200% is in excess of allowable threshold of APOR 4.45% + 2.5%, or 6.95000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     05/10/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101679 6000032397-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Evidence disclosure was provided not found in file.     Reviewer Comment (2019-05-31): Evidence of receipt provided.


Seller Comment (2019-05-31): Please see tracking provided.
 05/14/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101680 6000032397-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   $42,378.64 monthly bank statement income is not within 10% of $47,037.45 Gross P&L income. ($42,378.64 x 110% = $46,616.50) Income is within 15%. ($42,378.64 x 115% = $48,735.44) FICO score above minimum by 20 points or greater: 701 vs 620

DTI below max by 5% or greater: 36.53% vs 43%

Time on Job of 5 years or greater: 11.70 years.

0 X 30 24 month housing history		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes
     05/09/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101681 6000032397-4188 05/31/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   TRID Non-Compliant: Missing payee for Credit Report fee.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): Please see items provided for 6422044 condition.
   05/14/2018   2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM Yes
xxxx 6000032397 xxxx 12101682 6000032397-5444 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Values TIL-RESPA Integrated Disclosure – Final Closing Disclosure provided on xx/xx/xxxx contains estimated values that do not represent final terms or closing costs to the borrower. (Final/xx/xx/xxxx) $900 Escrow pad reflected on disclosure.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): Please see items provided for 6422044 condition.
   05/14/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032397 xxxx 12101683 6000032397-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx).     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.
   05/14/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032397 xxxx 12101684 6000032397-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $69.     Reviewer Comment (2019-05-31): Final settlement statement was provided to verify fee was charged matching PC CD.


Seller Comment (2019-05-31): PC CD showed a reduced fee without proof of refund or actual charge. Additionally, refund would still be required to cure.


Reviewer Comment (2019-05-31): PC CD showed a reduced fee without proof of refund or actual charge. Additionally, refund would still be required to cure.


Seller Comment (2019-05-31): Please see PCCD provided.


Reviewer Comment (2019-05-31): No cure was provided. If LE with additional fees was meant to cure, please provide itemization of additional fees for review.


Seller Comment (2019-05-31): Please see items provided for 6422044 condition.
   05/18/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032397 xxxx 12101685 6000032397-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee. Fee Amount of $69.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77204) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing.
Note: There are two wire fees reflected on the CD. One is paid to a provider used by other title charges and one is not.		     Reviewer Comment (2019-05-31): Final settlement statement was provided to verify fee was charged matching PC CD.


Reviewer Comment (2019-05-31): Wire fee was reduced from $69 to $28, evidence of actual $28 charge is required such as final settlement statement, and $28 refund is still required. This was disclosed as $0.
   05/18/2018   2 B xx/xx/xxxx CA 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
xxxx 6000032397 xxxx 12101686 6000032397-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing borrower's signature on P&L/ES statement.     Reviewer Comment (2019-05-31): Signed P&L provided.
 05/17/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032397 xxxx 12101687 6000032397-605 05/31/2019 Credit Assets Asset Documentation Assets Error: Usability was not provided   Missing letter from CPA and/or an underwriter's cash flow analysis of the business balance sheet to confirm withdrawal of funds will not have a negative impact on the business. Letter from CPA is in the file, however the CPA is the borrower and not an independent 3rd party.     Reviewer Comment (2019-05-31): UW letter provided.


Seller Comment (2019-05-31): Please see UW explanation
 05/17/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032449 xxxx 12101584 6000032449-23931 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment       Reviewer Comment (2019-05-31): Not required.
 05/09/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032449 xxxx 12101587 6000032449-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Bank Statements - Business Missing all 24 months of borrower's business bank statements used in income qualification.     Reviewer Comment (2019-05-31): Remaining statements were provided.


Reviewer Comment (2019-05-31): 12 months of business statements were provided, however 24 are required.
 05/10/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032449 xxxx 12101590 6000032449-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD disclosed the Closing Date of xx/xx/xxxx. Consummation date is xx/xx/xxxx. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): A letter of explanation to the borrower that accompanied a previously supplied PC CD was provided. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide LOE and delivery to borrower
   05/08/2018   1 A xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032449 xxxx 12101596 6000032449-4188 05/31/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   TRID Non-Compliant: Missing payee for Appraisal Review fee.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery to borrower
   05/08/2018   2 B xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000032449 xxxx 12101602 6000032449-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx did not disclose Non-Escrowed Property Costs over Year 1. (Final/xx/xx/xxxx) Data field is blank.     Reviewer Comment (2019-05-31): $0 or blank is acceptable if none is required.


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery to borrower
 05/09/2018     1 A xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032449 xxxx 12101604 6000032449-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing verification of PITI for borrower's primary residence.     Reviewer Comment (2019-05-31): Verification of PITI provided.


Seller Comment (2019-05-31): Hi,
please see attached.
thank you,
 05/08/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032449 xxxx 12101610 6000032449-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $93,357.94 is less than Cash From Borrower $122,552.99.       Reviewer Comment (2019-05-31): Additional business assets provided.
 05/10/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032449 xxxx 12101614 6000032449-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of Mortgage from 8/17/2017 to close for borrower's primary residence.     Reviewer Comment (2019-05-31): Credit supplement provided.
 05/08/2018     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101585 6000032392-4252 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Amortization term discrepancy. Note amortization term of 480 does not match Guideline amortization term of 360. Max term on EA Core is 360 months. Note reflects 480 months. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101589 6000032392-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 3.96 is less than Guideline PITIA months reserves of 9.00. xxxx Exception Waiver approved shortgage of reserves. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Per xxxx Matrix - QC Notes
     04/06/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101591 6000032392-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Bank Statement Income Doc Type ineligible for GSE delivery. xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101595 6000032392-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter of explanation for Bankruptcy and 1x30 in 2011 reflected on the credit report. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Aged BK -- 7 years old. xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101598 6000032392-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.38600% or Final Disclosure APR of 6.39600% is in excess of allowable threshold of APOR 4.36% + 1.5%, or 5.86000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/06/2018 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101601 6000032392-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.38600% or Final Disclosure APR of 6.39600% is in excess of allowable threshold of APOR 4.36% + 1.5%, or 5.86000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     04/06/2018 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101603 6000032392-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $362.10, calculates to be $1,212. ($101 x 12).     Buyer Comment (2019-05-31): non-material: refinance transaction - borrower had to pay previous premium in full.
     04/11/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032392 xxxx 12101609 6000032392-4607 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table First Change TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on xx/xx/xxxx disclosed a First Change minimum, maximum, and payment period that does not match the actual terms for the loan. (Final/xx/xx/xxxx) CD reflects first change max payment of $5,950 which calculates to be $5,740 and first change minimum of $2,848 which calvculates to be $1,922.     Reviewer Comment (2019-05-31): The AP table is correct.


Reviewer Comment (2019-05-31): AP table was not corrected. First change amount refers to 1st change of any kind, not just adding principal, so should reflect 1st ARM change terms.


Seller Comment (2019-05-31): please provide a PC CD, LOE and delivery to borrower
 04/13/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032392 xxxx 12101613 6000032392-22155 05/31/2019 Credit Guideline Guideline Issue Loan product type is ineligible per guidelines.   40 year I/O program not available under EA Core guidelines FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101615 6000032392-22157 05/31/2019 Credit Guideline Guideline Issue Margin is ineligible per guidelines.   Note reflects 3.75%. EA Core guides reflect 5%. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032392 xxxx 12101622 6000032392-4188 05/31/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   TRID Non-Compliant: Missing payee for Appraidal Review Fee.     Reviewer Comment (2019-05-31): PC CD provided with corrected fee
   04/13/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM Yes
xxxx 6000032392 xxxx 12101627 6000032392-4957 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Endorsement, Recording Service, Lender's Title Insurance, Notary and Settlment fees reflected in section B, should be in section C. Provider used is not listed on SSPL.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide a PC CD, LOE and delivery to borrower
   04/12/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032392 xxxx 12101631 6000032392-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing explanation of NSF fee reflect on April 2016 bank statement as required per guidelines. FICO score above minimum by 20 points or greater: 697 vs 620

0 X 30 24 month housing history

Ownership of subject property of 5 years or greater: 13 years		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)1 time occurrence - isolated incident. xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater: 13 years
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater: 697 vs 620
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032430 xxxx 12101558 6000032430-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 54.42179% exceeds Guideline total debt ratio of 50.00000%. Lender calculated income at $8,145 per month. Reviewer calculated $5,106.98 using net income from 2 year P&L statement for bank statement income program. $61,406.56 (2016) net income + $61,060.92 (2017) net income / 24 = $5,106.98. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater: 50.25 vs 12

FICO score above minimum by 20 points or greater. 787 vs 700		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 787 vs 700
PITIA reserves above minimum by 6 months or greater: 50.25 vs 12
0 X 30 24 month housing history
     03/28/2018 2 B xx/xx/xxxx PA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000032430 xxxx 12101560 6000032430-6569 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-31): Desk review obtained


Buyer Comment (2019-05-31): (xxxx)please review. AMC completed valuations review on 2/28 with a 0% variance.
 03/28/2018     1 A xx/xx/xxxx PA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000032430 xxxx 12101562 6000032430-22721 05/31/2019 Credit Guideline Guideline Issue residual income requirement not met.   $504.04 does not meet minimum requirement of $2,050 for a family of 4 with $xxx loan amount in the state of PA. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater: 50.25 vs 12

FICO score above minimum by 20 points or greater. 787 vs 700		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 787 vs 700
PITIA reserves above minimum by 6 months or greater: 50.25 vs 12
0 X 30 24 month housing history
     03/28/2018 2 B xx/xx/xxxx PA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000032430 xxxx 12101565 6000032430-3677 05/31/2019 Compliance Compliance Federal Compliance 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 Risk. DTI over 50% Guidelie max     Reviewer Comment (2019-05-31): Cleared based on waived DTI exception.
 04/02/2018     1 A xx/xx/xxxx PA Primary Purchase Lender to provide updated ATR/QM status C B C B C A C A Non QM Non QM Yes
xxxx 6000032430 xxxx 12101568 6000032430-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI over 50% Guideline max     Reviewer Comment (2019-05-31): Cleared based on waived DTI exception.
 04/02/2018     1 A xx/xx/xxxx PA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000032430 xxxx 12101571 6000032430-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $29.     Reviewer Comment (2019-05-31): Title provided attestation these were fees seller was obligated for, clearing the exception as borrower was never contractually obligated.
 03/16/2018     1 A xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
xxxx 6000032430 xxxx 12101572 6000032430-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $61.00 exceeds tolerance of $46.00. Insufficient or no cure was provided to the borrower. (75206) Although $15 of this fee was seller paid, it is still included in tolerance testing as purchase contract does not designate as seller's obligation.     Reviewer Comment (2019-05-31): Title provided attestation these were fees seller was obligated for, clearing the exception as borrower was never contractually obligated.
 03/16/2018     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A C A Non QM Non QM Yes
xxxx 6000032430 xxxx 12101573 6000032430-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $56.00 exceeds tolerance of $42.00. Insufficient or no cure was provided to the borrower. (7568) Although $14 of this fee was seller paid, it is still included in tolerance testing as purchase contract does not designate as seller's obligation.     Reviewer Comment (2019-05-31): Title provided attestation these were fees seller was obligated for, clearing the exception as borrower was never contractually obligated.


Buyer Comment (2019-05-31): (xxxx)please see attestation
 03/16/2018     1 A xx/xx/xxxx PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A C A Non QM Non QM Yes
xxxx 6000032430 xxxx 12101579 6000032430-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's ATR Cert. 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater: 50.25 vs 12

FICO score above minimum by 20 points or greater. 787 vs 700		   Reviewer Comment (2019-05-31): Waive per xxxx Matrix - QC Notes.
     02/27/2018 2 B xx/xx/xxxx PA Primary Purchase   C B C B C A C A Non QM Non QM No
xxxx 6000032433 xxxx 12101667 6000032433-2834 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided   Flood certificate is not in file     Reviewer Comment (2019-05-31): Flood cert provided.


Buyer Comment (2019-05-31): (xxxx)please see flood cert
 04/13/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032433 xxxx 12101668 6000032433-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation not in file Ownership of subject property for 20 years

Borrower has employment stability for 45 years self employed xxx of a xxx.		   Reviewer Comment (2019-05-31): Client waived with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Bank statement doc type and loan amount exceed GSE eligibility. xxxx elects to waive with compensating factors:
Borrower has employment stability for 45 years self employed xxx of a xxxx.
Ownership of subject property for 20 years
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032433 xxxx 12101669 6000032433-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Credit Inquiries LOE, Derogatory Credit LOE, Confirmation of no new debt     Reviewer Comment (2019-05-31): LOE provided.
 04/13/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032433 xxxx 12101670 6000032433-1153 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date. Rate lock was not provided in loan package     Reviewer Comment (2019-05-31): Lock provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached
 04/11/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032433 xxxx 12101671 6000032433-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing Satisfactory evidence of second mortgage lien status and charge off date for Ditech Financial to confirm credit grade. The second lien is reflected on credit report for $115,099 as a charged off account with conflicting status dates. A letter of explanation was not found.     Reviewer Comment (2019-05-31): LOE was provided.
 04/17/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032433 xxxx 12101672 6000032433-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx CPA Letter, P&L Statement A CPA letter or equivalent confirming each borrower owns 50% of business was not located in file.
A Signed P&L by both borrowers also was not located in file.		 Ownership of subject property for 20 years

Borrower has employment stability for 45 years self employed business owners of a Towing Service.		   Reviewer Comment (2019-05-31): Client waived missing P&L using verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Please separate conditions. Evidence of ownership was provided. xxxx elects to waive signed P&L:
Borrower has employment stability for 45 years self employed xxx of a xxx
Ownership of subject property for 20 years


Reviewer Comment (2019-05-31): Evidence of ownership was provided, signed P&L was not.
     04/17/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032391 xxxx 12101703 6000032391-7037 05/31/2019 Compliance Compliance Federal Compliance Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. The right to cancel documentation was not provided.     Reviewer Comment (2019-05-31): ROR was provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/01/2018     1 A xx/xx/xxxx CA 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 B C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032391 xxxx 12101704 6000032391-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM. Loan Submission Sheet reflects Originator Loan Designation as Safe Harbor.     Reviewer Comment (2019-05-31): Corrected submission provided.


Seller Comment (2019-05-31): please provide xxxx submission form with QM Status of QM: Rebuttable Presumption
 06/01/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032391 xxxx 12101705 6000032391-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is HPML. The VA Residual income worksheet was not provided.     Reviewer Comment (2019-05-31): ROR provided.


Buyer Comment (2019-05-31): (xxxx)please see VA worksheet
 06/01/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032391 xxxx 12101706 6000032391-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 6.90 is less than Guideline PITIA months reserves of 9.00. Per 1008, Lender indicates borrower qualified with 6 months reserves, however xxxx Guidelines require 9 months for $xxx,xxx loan amount. Time on Job of 5 years or greater. The Co-borrower has been on same job for 10 years.

FICO score above minimum by 20 points or greater 622 vs 580		   Reviewer Comment (2019-05-31): Client waived with compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater 622 vs 580
Time on Job of 5 years or greater. The Co-borrower has been on same job for 10 years.
     06/01/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032391 xxxx 12101707 6000032391-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   xxxx Eligibility waiver allowing transaction as a Rate/Term of a non purchase money 2nd loan for solar improvement. Time on Job of 5 years or greater. The Co-borrower has been on same job for 10 years.

FICO score above minimum by 20 points or greater 622 vs 580		   Reviewer Comment (2019-05-31): Waived at origination.
     05/23/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032391 xxxx 12101708 6000032391-6642 05/31/2019 Compliance Compliance Federal Compliance 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 matches the Due Diligence Loan Designation of Higher Priced QM. Corrected submission provided.     Reviewer Comment (2019-05-31): Corrected submission provided.
   06/01/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032405 xxxx 12101709 6000032405-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud Report appears to be incomplete. Report reflects drive report, submitted loan information and borrower's profile report for primary borrower. For co-borrower it only reflects the fraud alerts and SSN issuance information.     Reviewer Comment (2019-05-31): Fraud Report provided
 05/30/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101710 6000032405-23931 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary       Reviewer Comment (2019-05-31): Not required
 06/01/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101711 6000032405-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.60430% or Final Disclosure APR of 7.65200% is in excess of allowable threshold of APOR 4.48% + 2.5%, or 6.98000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     06/01/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101712 6000032405-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.60430% or Final Disclosure APR of 7.65200% is in excess of allowable threshold of APOR 4.48% + 2.5%, or 6.98000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     06/01/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101713 6000032405-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. E-sign consent disclosure not on file     Reviewer Comment (2019-05-31): Lender provided disclosure indicating borrowers consent for e-sign
 05/30/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101714 6000032405-24186 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $7,073.77 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) CD reflects $7,073.77, calculates to be $8,205.84. ($682.82 x 12)     Reviewer Comment (2019-05-31): Error corrected on Final CD cleared exception.


Buyer Comment (2019-05-31): (xxxx)Per Funding manager: They need to be looking at the CD issued 5/11 that was signed with docs and the final CD issued 5/14 both these CD have a figure of $7,522.02 which is calculating $683.82 a month which matched the docs. This section only calculates 11 months not 12 month.


Seller Comment (2019-05-31): Per Funding manager: They need to be looking at the CD issued 5/11 that was signed with docs and the final CD issued 5/14 both these CD have a figure of $7,522.02 which is calculating $683.82 a month which matched the docs. This section only calculates 11 months not 12 month.
 06/01/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032405 xxxx 12101715 6000032405-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Evidence of receipt of Home Loan Toolkit not on file     Reviewer Comment (2019-05-31): Lender provided disclosure with stamped date of xx/xx/xxxx
 05/30/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101717 6000032405-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Missing VA Residual Income worksheet, required on Higher Priced Mortgage Loans.     Reviewer Comment (2019-05-31): Lender provided VA REsidual Income Worksheet
 05/30/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101718 6000032405-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing letter from CPA and/or an underwriter's cash flow analysis of the business balance sheet to confirm withdrawal of funds will not have a negative impact on the business.     Reviewer Comment (2019-05-31): UWs cash flow analysis was provided.


Seller Comment (2019-05-31): Balance Sheet and Letter from borrower provided. Please provide UW cert stating documents have been reviewed and determined no negative impact on the business
 07/06/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101719 6000032405-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower:xxxx, Borrower: xxxx P&L Statement
P&L Statement		 Missing P&L for Schedule C business from both borrowers as required per guidelines for self employed borrowers. FICO score above minimum by 20 points or greater: 703 vs 620   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors


Buyer Comment (2019-05-31): (xxxx)Sch. C income received is for sales commission received from LLC which a P&L was already provided for.B1 has K1 income, W2 income as well as sch. C and bwr2 recieves wages in addition to 1099 income. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater: 703 vs 620
PITIA reserves above minium by 6 months or greater (3 mo. required. - 10 months verified)


Reviewer Comment (2019-05-31): Documentation provided was for LLC which was also provided in the original file. Please provide YTD P&L for both of the borrower's Schedule C businesses. Exception remains open.
     07/09/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101720 6000032405-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing 4 months verification of rental payments. File has letter from borrower, verified payments for 8 months. Guidelines require 12 month verifications. Per application borrowers have been renting for 1.6 years.     Reviewer Comment (2019-05-31): File has documentation of arrival of relocation services on 7/6/2017 with a wire sent 7/17/17 for deposit and rental payments. Plus LOE regarding rental.


Buyer Comment (2019-05-31): (xxxx)please see rental LOEs and rental ledger. 12 months payments accounted for. Amount difference at beginning of residency explained by LOE.
 07/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032405 xxxx 12101721 6000032405-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Missing verification Flood Cert fee paid to lender is a pass through fee.     Buyer Comment (2019-05-31): Lender must complete the CD based on the best information reasonably available. If the lender will not know the name of the ultimate payee (chosen by the servicer), then an acceptable disclosure could be: FBO


Reviewer Comment (2019-05-31): Fee says FBO but does not indicate who it was paid to, exception remains.


Buyer Comment (2019-05-31): (xxxx)please see docs
     06/07/2018 2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032448 xxxx 12101723 6000032448-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $12.00 exceeds tolerance of $11.00. Insufficient or no cure was provided to the borrower. (7579) No cure provided.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower, as well as evidence of refund and shipping. This is the appropriate documentation required to cure the exception.


Buyer Comment (2019-05-31): (xxxx)please see docs
   06/04/2018   2 B xx/xx/xxxx CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B B B A A Non QM Non QM Yes
xxxx 6000032448 xxxx 12101724 6000032448-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Subject loan is a second home purchase with a recent credit event.
Borrower had a short sale for property located at xxxx Transfer ownership date of xx/xx/xxxx		 FICO score above minimum by 20 points or greater. 715 vs 680

PITIA reserves above minimum by 6 months or greater. 50 vs 12

DTI below max by 5% or greater. 29.09% vs 43%

Time on Job of 5 years or greater. Borrower has 11 years at same job, Co-borrower has 18 years at same job.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Time on Job of 5 years or greater. Borrower has 11 years at same job, Co-borrower has 18 years at same job.
DTI below max by 5% or greater. 29.09% vs 43%
PITIA reserves above minimum by 6 months or greater. 50 vs 12
FICO score above minimum by 20 points or greater. 715 vs 680
     06/01/2018 2 B xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032448 xxxx 12101725 6000032448-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 05/08/2018 disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/05/08/2018) No cure was provided.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower, as well as evidence of refund and shipping. This is the appropriate documentation required to cure the exception.
   06/04/2018   2 B xx/xx/xxxx CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032440 xxxx 12101727 6000032440-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   0 X 30 24 month housing history

Time on Job of 5 years or greater: 14.42 years

FICO score above minimum by 20 points or greater. 741 vs 660.		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     06/04/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101728 6000032440-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 1.58 is less than Guideline PITIA months reserves of 9.00.   0 X 30 24 month housing history

Time on Job of 5 years or greater: 14.42 years

FICO score above minimum by 20 points or greater. 741 vs 660.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to use cash out of 169,811.86 towards reserve requirement. Noted compensating factors:
FICO score above minimum by 20 points or greater. 741 vs 660.
Time on Job of 5 years or greater: 14.42 years
0 X 30 24 month housing history


Reviewer Comment (2019-05-31): EA Core Bank Statement Cash Out Program reflects 75% maximum LTV. Borrower's LTV is 74.117%. Borrower is receiving $34,246.41 cash in hand which disqualifies loan from being approved on the Consolidated Debt Program which has an 80% maximum LTV. Please provide verification of required reserves or xxxx Exception Wiaver allowing the use of cash out funds with less than 5% LTV variance.


Buyer Comment (2019-05-31): (xxxx)loan fits within the parameters to use cash out in lieu of assets for reserves. It is 5% below max ltv and has a score over 680 - please escalate for further review
     06/22/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101729 6000032440-23931 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment       Reviewer Comment (2019-05-31): Not required.
 06/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101730 6000032440-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.02570% or Final Disclosure APR of 6.06700% is in excess of allowable threshold of APOR 4.51% + 1.5%, or 6.01000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan for CA and FED
     06/21/2018 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101731 6000032440-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.02570% or Final Disclosure APR of 6.06700% is in excess of allowable threshold of APOR 4.51% + 1.5%, or 6.01000%. Compliant Higher Priced Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Loan.
     06/04/2018 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101732 6000032440-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 05/01/2018 disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/05/01/2018) CD data field is blank, calculates to be $225.     Reviewer Comment (2019-05-31): Valid coc for increase was provided.
 06/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000032440 xxxx 12101733 6000032440-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $225.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304) Fee not disclosed on LE. COC issued xx/xx/xxxx indicates an SB recording fee was added, however no reason was given for the addition of this fee.     Reviewer Comment (2019-05-31): Valid coc for increase was provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/04/2018     1 A xx/xx/xxxx CA 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
xxxx 6000032440 xxxx 12101734 6000032440-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   $17,991.08 Gross P&L income is not within 10% of $15,545.97 bank statement income. $15,545.97 x 110% = $17100.57 x 115% = $17,877.86
Reviewer did not include $29,772 deposit on 5/19/2016. No evidence of explanation found in file.		     Reviewer Comment (2019-05-31): Seller provided verification $29,772 funds were business. Recalculated bank statement income resulting in calculations of $16,784.39 average monthly income x 110% = $18,462.83. (within 10%)
 06/21/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101735 6000032440-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx LOE NSF Missing letter of explanation for NSF fees, two in August of 2017 and one in December of 2017.     Reviewer Comment (2019-05-31): Seller provided explanation that fees were refunded/reversed, clearing the exception.


Buyer Comment (2019-05-31): (xxxx)There was only one NSF fee on 12/8/17. There was 2 NSF fees in 8/21/17 but those August NSF fees were refunded/reversed. Only 1 NSF fee for December which was addressed.


Reviewer Comment (2019-05-31): LOE for 12/17 NSF was provided, still missing LOE for 2 NSF fees in 8/2017.
 06/22/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032440 xxxx 12101736 6000032440-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/04/17/2018) Report date 4/17/2018. Provided date xx/xx/xxxx. Effective date 3/22/2018.     Reviewer Comment (2019-05-31): Evidence of later report receipt was provided.


Seller Comment (2019-05-31): We have proof appraisal was sent and delivered to the borrower as of April 17 which is in line with appraisal dates
 06/04/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
xxxx 6000032453 xxxx 12101738 6000032453-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 50.40278% exceeds Guideline total debt ratio of 50.00000%. Payment for I/O’s- calculate the Non QM Rate, based on the original balance and remaining amortizing term at the end of the I/O period. The Lender used the note rate as the qualifying rate amortized over 40 years FICO score above minimum by 20 points or greater. 756 vs 700

Time on Job of 5 years or greater. Borrower employed 12 years as a xxx.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
Time on Job of 5 years or greater. Borrower employed 12 years as a xxxx
FICO score above minimum by 20 points or greater. 756 vs 700
     06/25/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032453 xxxx 12101739 6000032453-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) There is a $13 tolerance cure that is sufficiently cured, $45 tolerance cure requires LOE and evidence of refund or final settlement statement. Both tolerance exceptions must be cured to cure this exception.     Reviewer Comment (2019-05-31): Seller provided copy of Final Settlement Statement verifying $45 administration fee was not charged and a letter of explanation to the borrower.


Seller Comment (2019-05-31): Here is the response I received in regards to the $45 Fee.

This is not a cost to cure, it appears that the $45.00 charge was disclosed to the borrower under the wrong service, at funding the funder removed this fee and corrected the service name. This is a section where the borrowers can shop for so we should all be good to go. The fee was labeled under admin fee and it should have been disclosed as a NHD fee.
This is an acceptable fee to add, to the 1300 lines at CD/DOC or funding stage. This was a clerical error and not a cost to cure.
   06/22/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032453 xxxx 12101740 6000032453-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller CD not in file     Reviewer Comment (2019-05-31): Seller CD provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 06/05/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032453 xxxx 12101741 6000032453-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of $45.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7599) Admin fee of $45.00 was disclosed on initial CD with no COC. There is a PC CD and estimate settlement statement with no admin fee on it, however no final settlement statement or LOE to borrower regarding changes on PC CD was provided.settlement     Reviewer Comment (2019-05-31): Seller provided a Final Settlement statement verifying the $45 Administrion fee was not charged and a letter of explanation to the borrower.


Seller Comment (2019-05-31): Reviewer Comment: Seller provided the initial CD which reflects the $45 Administration fee. PC CD and an estimated Settlement Statement are in the file with no administration fee reflected. In order to cure this exception, please provide a letter of explanation to the borrower and the Final Settlement Statement verifying the borrower was not charged this fee


Reviewer Comment (2019-05-31): Seller provided the initial CD which reflects the $45 Administration fee. PC CD and an estimated Settlement Statement are in the file with no administration fee reflected.In order to cure this exception, please provide a letter of explanation to the borrower and the Final Settlement Statement verifying the borrower was not charged this fee.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   06/22/2018   2 B xx/xx/xxxx CA 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
xxxx 6000032453 xxxx 12101742 6000032453-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   DTI is over 43%. VA Residual income worksheet was not provided.     Reviewer Comment (2019-05-31): VA residual income WS provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 06/26/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032453 xxxx 12101743 6000032453-3677 05/31/2019 Compliance Compliance Federal Compliance 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 Risk. DTI over 43%.     Reviewer Comment (2019-05-31): Client elected to waive the DTI exception with verified compensating factors. Subsequently related ATR exceptions are also cleared.
 06/25/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000032453 xxxx 12101744 6000032453-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI over 43%     Reviewer Comment (2019-05-31): Client elected to waive the DTI exception with verified compensating factors. Subsequently related ATR exceptions are also cleared.
 06/25/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032453 xxxx 12101745 6000032453-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   xxxx Eligibility Waiver granted for Co-borrower's departing residence value exceeds subject. Subject property larger than departing residence, however location of departing residence in xxxx is a high value area in xxxx. FICO score above minimum by 20 points or greater. 756 vs 700

Time on Job of 5 years or greater. Borrower employed 12 years as a xxx.		   Reviewer Comment (2019-05-31): Eligibility Waiver granted for Co-borrower's departing residence value exceeds subject. Subject property larger than departing residence, however location of departing residence in Cupertino is a high value area in South San Francisco Bay Area.
     05/31/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032453 xxxx 12101746 6000032453-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $13.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7345) Cure of $13.00 provided on Final Closing Disclosure, however $45 admin fee must also be resolved to cure all tolerance exceptions.     Reviewer Comment (2019-05-31): $13 tolerance cure reflected on final CD plus seller provided final Settlement statement verifying $45 Administration fee was not charged and a letter of explanation.
   06/22/2018   2 B xx/xx/xxxx CA 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
xxxx 6000032453 xxxx 12101747 6000032453-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing W2 transcripts for both borrowers, only 1040 transcripts were provided. FICO score above minimum by 20 points or greater. 756 vs 700

Time on Job of 5 years or greater. Borrower employed 12 years as a xxx.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)1040 transcripts are valid verification - xxxx waive with the following comp factors:
Time on Job of 5 years or greater. Borrower employed 12 years as a xxx
FICO score above minimum by 20 points or greater. 756 vs 700
     06/05/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032453 xxxx 12101749 6000032453-22721 05/31/2019 Credit Guideline Guideline Issue residual income requirement not met.   Added 6/26/18 upon receipt of VA WS. Residual income of $1211 not sufficient for $1,980 for family of 3 in CA with loan amount over $80,000. FICO score above minimum by 20 points or greater. 756 vs 700

Time on Job of 5 years or greater. Borrower employed 12 years as a xxx.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:

Time on Job of 5 years or greater. Borrower employed 12 years as a xxxx

FICO score above minimum by 20 points or greater. 756 vs 700
     06/27/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032407 xxxx 12101750 6000032407-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   Time on Job of 5 years or greater. Borrower self employed xxx for 5 years.

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 719 vs 680		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     06/05/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101751 6000032407-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 8.68 is less than Guideline PITIA months reserves of 9.00. CPA letter detailing withdrawal of funds will not negatively affect business was not provided. Business funds excluded from available assets.     Reviewer Comment (2019-05-31): CPA letter provided
 07/03/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101752 6000032407-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx xxxx Missing:

Business Narrative		     Reviewer Comment (2019-05-31): Narrative provided
 07/03/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101753 6000032407-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing:

- NSF LOE
- Derogatory Credit LOE		     Reviewer Comment (2019-05-31): NSF LOE and Derogatory LOE both provided
 07/03/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101754 6000032407-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) Loan submitted as Safe Harbor QM however bank statement income is Non-QM.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
 06/15/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101755 6000032407-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.20110% or Final Disclosure APR of 6.20400% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): . Compliant Higher Priced Mortgage Loan.
     06/05/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101756 6000032407-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. xxxx Submission sheet disclosed originator loan designation of Safe Harbor QM. Bank Statement income is Non QM     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Seller Comment (2019-05-31): please provide updated xxxx submission form with QM status of NonQM/ATR Compliant
 06/15/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101757 6000032407-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.20110% or Final Disclosure APR of 6.20400% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Loan. Compliant Higher Priced Mortgage Loan     Reviewer Comment (2019-05-31): . Compliant Higher Priced Mortgage Loan.
     06/05/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101758 6000032407-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing Date:xx/xx/xxxx
Consummation Date/Notary date: xx/xx/xxxx		     Reviewer Comment (2019-05-31): Seller provided corrected CD and LOE
   07/03/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101759 6000032407-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) HOI - Lender used 86.11 monthly which is annual premium of 1033.37 before fee of $25. Total annual fee is $1058.37 / 12 = 88.20     Buyer Comment (2019-05-31): non-material: $25 was a one-time fee that was not included in the annual premium


Reviewer Comment (2019-05-31): data is still not accurate on PC CD. Section F reflects $4,058.37 for 12 months. Section G reflects $86.11 per month which calculates to be $1,033.32 for 12 months. Issue remains open.
     07/23/2018 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101760 6000032407-18604 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure xx/xx/xxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/xx/xx/xxxx) Seller closing Disclosure not provided and No Seller fees listed on consumer CD     Reviewer Comment (2019-05-31): Seller's CD provided.


Buyer Comment (2019-05-31): (xxxx)please see seller CD
 07/20/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101761 6000032407-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure provided.     Reviewer Comment (2019-05-31): Attestation was provided that provided was chosen by title company. Subsequently it was included in fees that can change.
 07/10/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101762 6000032407-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of $20.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75197) No cure provided to borrower for Recording service fee     Reviewer Comment (2019-05-31): Attestation was provided that provided was chosen by title company. Subsequently it was included in fees that can change.


Seller Comment (2019-05-31): Since Recording Service fee did not use the provider reflected on the SSPL, it is included in the zero percent tolerance testing. Issue remains open


Reviewer Comment (2019-05-31): Since Recording Service fee did not use the provider reflected on the SSPL, it is included in the zero percent tolerance testing. Issue remains open


Reviewer Comment (2019-05-31): Ttitle-recording service fee was not disclosed on LEs and was not paid to closing agent from SSPL that borrower used to close. Subsequently the fee is tested as 0%. To include in 10% testing, evidence is required to verify fee payee is affiliated with or selected by closing agent. Otherwise, refund is required.


Seller Comment (2019-05-31): The Recording Service Fee is not bound to the Zero Tolerance, it is a 10% tolerance fee.
 07/10/2018     1 A xx/xx/xxxx CA 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 Safe Harbor QM Non QM Yes
xxxx 6000032407 xxxx 12101763 6000032407-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Missing Residual Income Analysis Worksheet required for HPML     Reviewer Comment (2019-05-31): Seller provided Residual Income Worksheet.
 07/03/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032407 xxxx 12101764 6000032407-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
   06/15/2018   2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Safe Harbor QM Non QM No
xxxx 6000032411 xxxx 12101790 6000032411-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.67730% or Final Disclosure APR of 7.68200% is in excess of allowable threshold of APOR 4.64% + 1.5%, or 6.14000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     06/11/2018 1 A xx/xx/xxxx FL Primary Purchase   A A A A A A A A Non QM Non QM No
xxxx 6000032456 xxxx 12101801 6000032456-3835 05/31/2019 Credit Credit Credit Eligibility Guideline Issue: Derogatory mortgage payments outside of credit guidelines   xxxx Expanded Access Guidelines require 0 x 30 mortgage history however, the credit report verifies a 1 x 30 late payment on 01/2018 for the borrower's departure residence. In addition, Tape Data reflects the subject credit grade as NCE however, based on the recent late payment the credit grade is SCE.     Reviewer Comment (2019-05-31): xxxx submission provided showing SCE.


Buyer Comment (2019-05-31): (xxxx)Please see attached - loan was locked as SCE.
 06/13/2018     1 A xx/xx/xxxx NV Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032456 xxxx 12101802 6000032456-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Subject loan was approved with a DTI of 49.671% which exceeds the guideline max of 43%. Residual income worksheet is missing from the imaged file.     Reviewer Comment (2019-05-31): VA WS provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 06/13/2018     1 A xx/xx/xxxx NV Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032456 xxxx 12101803 6000032456-5145 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for City Property Tax under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure, Section F. Prepaids did not disclose number of months for City Property Taxes.     Reviewer Comment (2019-05-31): Seller provided corrected CD with an LOE to borrower.


Seller Comment (2019-05-31): PC CD correcting City Taxes


Reviewer Comment (2019-05-31): PC CD was provided showing payment was for 12 months. Per tax cert, this appears to be for 6 months.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Missing LOE to accompany PC CD. Also, please clarify what taxes are being used on PC CD. The PC CD provided included different tax amount and review was unable to match up.


Seller Comment (2019-05-31): PC CD to clear Trid Exceptions.
   07/10/2018   2 B xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032456 xxxx 12101804 6000032456-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $1,331.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed Non-Estimated Property Costs over Year 1 of $1,331.00. Non-escrowed property costs are $253.12 per month, which equates to calculated Estimated Property Costs over Year 1 of $3,037.44.     Reviewer Comment (2019-05-31): Seller provided corrected CD and LOE to borrower.


Seller Comment (2019-05-31): LOX for PC CD


Reviewer Comment (2019-05-31): Seller provided corrected CD, however LOE provided addressed the correcting of the appraisal amount to $575 with a $50 credit given to the borrower. Please provide LOE addressing the non-escrowed property costs.


Seller Comment (2019-05-31): PC CD and Comments on other exceptions
   07/20/2018   2 B xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032456 xxxx 12101806 6000032456-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $15.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77174) Title - Electronic Document Delivery Fee was not disclosed on the LE dated xx/xx/xxxx, but disclosed as $15.00 on the Final Closing Disclosure and fee was not paid to the same title provider. Evidence of cure was not provided.     Reviewer Comment (2019-05-31): AMC received attestation that e-delivery fee was outsourced by borrower's chosen provider.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Because this fee was never previously disclosed and paid to a 3rd party other than selected title agent, this is tested as a 0% fee. To include with title charges, please provide attestation that provider selected is either affiliated with or selected by the title agent.


Seller Comment (2019-05-31): this is a borrower shopped for service, falls in
the can change section
 08/07/2018     1 A xx/xx/xxxx NV Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A B B A A Non QM Non QM Yes
xxxx 6000032456 xxxx 12101807 6000032456-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7724) Title - Closing Protection Letter Fee was not disclosed on the LE dated xx/xx/xxxx, but disclosed as $25.00 on the Final Closing Disclosure and fee was not paid to the same title provider. Evidence of cure was not provided.     Reviewer Comment (2019-05-31): Seller provided verification the provider used for the CPL fee was an authorized agent of the Title Companyused as the provider for the other title fees reflected.
 07/17/2018     1 A xx/xx/xxxx NV Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A B B A A Non QM Non QM Yes
xxxx 6000032456 xxxx 12101808 6000032456-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for various 0% tolerance violations totaling $40.00 was not provided.     Reviewer Comment (2019-05-31): Zero Percent Tolerances have been cleared
 08/07/2018     1 A xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032462 xxxx 12101792 6000032462-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Loan submitted as No Credit Event / EA Plus loan however the borrower had a short sale on 6/16/2015, the note date is xx/xx/xxxx which makes the credit grade Seasoned Credit Event.     Reviewer Comment (2019-05-31): Updated pipeline report xx/xx/xxxx verified loan was relocked as core and meets requirements.


Buyer Comment (2019-05-31): (xxxx)xxxx will be updating lock program to EA Core. Exception will no longer be applicable.
 06/20/2018     1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032462 xxxx 12101793 6000032462-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.75520% or Final Disclosure APR of 6.75000% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     06/12/2018 1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032462 xxxx 12101794 6000032462-4376 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) CD finance charge underdisclosed by $178. CD finance charge = $432,703.52 vs Calculated Finance charge of $432,881.52. Fee added in other section of Title - Misc Title Fees     Reviewer Comment (2019-05-31): Seller provided Corrected CD, copy of refund check, LOE and proof of delivery.


Buyer Comment (2019-05-31): (xxxx)please see docs
   06/19/2018   2 B xx/xx/xxxx IL 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 C A C B A A Non QM Non QM Yes
xxxx 6000032462 xxxx 12101795 6000032462-4712 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx disclosed the Initial Escrow Payment that does not match the escrow payment disclosed on page 2. (Final/xx/xx/xxxx) Initial Escrow payment of $5722.20 does not match section G subtotal of $5547.20 as seller is paying $175 towards property taxes     Reviewer Comment (2019-05-31): Seller portion was not excluded, clearing exception.
 06/20/2018     1 A xx/xx/xxxx IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032462 xxxx 12101797 6000032462-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   The VA Residual Income worksheet was not provided.
Lender used another worksheet.		     Reviewer Comment (2019-05-31): Documentation provided


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/19/2018     1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032462 xxxx 12101798 6000032462-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1040 (2016), 1040 (2017), Transcripts (2016), Transcripts (2017) xxxx Submission Sheet reflects loan submission as QM only. Two years tax returns and transcripts were not provided as required for Appendix Q.     Reviewer Comment (2019-05-31): Seller provided documentation clearing the exception.


Buyer Comment (2019-05-31): (xxxx)please see updated submission form loan is nonQM. W2s, W2 transcripts and WVOE meet xxxx guideline requirements.
 06/21/2018     1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032462 xxxx 12101799 6000032462-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Higher Priced QM. Loan Submission Sheet indicated only QM.     Reviewer Comment (2019-05-31): Seller provided Loan Submission Sheet with loan designation of Non-QM


Reviewer Comment (2019-05-31): New xxxx submission indicates ATR compliant, should be higher priced QM.


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/21/2018     1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000032399 xxxx 12101810 6000032399-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) xxxx Loan Submission Sheet submitted at "QM".
Bank statement income is Non-QM.		     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.


Buyer Comment (2019-05-31): (xxxx)please see updated submission form
 06/14/2018     1 A xx/xx/xxxx IL Primary Purchase   C B A A C B A A UTD Non QM No
xxxx 6000032399 xxxx 12101811 6000032399-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM. xxxx Loan Submission Sheet submitted at "QM"     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
 06/14/2018     1 A xx/xx/xxxx IL Primary Purchase   C B A A C B A A UTD Non QM Yes
xxxx 6000032399 xxxx 12101812 6000032399-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.66440% or Final Disclosure APR of 8.74300% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): . Compliant Higher Priced Mortgage Loan.
     06/12/2018 1 A xx/xx/xxxx IL Primary Purchase   C B A A C B A A UTD Non QM No
xxxx 6000032399 xxxx 12101814 6000032399-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.     Reviewer Comment (2019-05-31): Submission as Non-QM was provided. Based on adjusted lender's QM designation, the loan meets requirements.
   06/14/2018   2 B xx/xx/xxxx IL Primary Purchase   C B A A C B A A UTD Non QM No
xxxx 6000032400 xxxx 12101828 6000032400-2834 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided   Flood certificate provided however it is illegible     Reviewer Comment (2019-05-31): Seller provided Flood Cert


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/19/2018     1 A xx/xx/xxxx FL Primary Purchase   C A C A B A A A Safe Harbor QM Safe Harbor QM No
xxxx 6000032400 xxxx 12101829 6000032400-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing date xx/xx/xxxx
Consummation date / Notary date: xx/xx/xxxx		     Reviewer Comment (2019-05-31): Seller provided LOE, corrected CD and proof of delivery


Buyer Comment (2019-05-31): (xxxx)please see docs


Seller Comment (2019-05-31): Please provide PC CD, LOE and delivery
   06/19/2018   1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Safe Harbor QM Safe Harbor QM Yes
xxxx 6000032414 xxxx 12101831 6000032414-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud report missing.     Reviewer Comment (2019-05-31): Fraud Report provided


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/19/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101833 6000032414-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Evidence of when the disclosure was provided was not documented in file.     Reviewer Comment (2019-05-31): Documentation provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 06/19/2018     1 A xx/xx/xxxx CA Second Home Purchase No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101834 6000032414-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 2.55 is less than Guideline PITIA months reserves of 12.00. CPA letter or Underwriter cash flow analysis of the business balance sheet to confirm use of any business funds will not negatively impact the business was not provided and borrower is not 100% owner of business.     Reviewer Comment (2019-05-31): Recalculated assests using 50% of Funds for business from xxxx which borrower owns 50% of the business and CPA letter indicates financial ability is strong


Seller Comment (2019-05-31): 12 months is : 145,722.36

o Borrower has 201,722.91 in a Personal xxxx #xxx (page 201 of the Credit Package)
o Also, he has 358,013.00 in his Personal xx #8298 (page 178 of the Credit Package)
o Both these account were not used for closing funds, so we should be okay in reserves
 06/19/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101835 6000032414-4256 05/31/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 664 is less than Guideline representative FICO score of 680. Transaction is a 2nd home purchase with loan amount of $xxx requiring a credit score of 680
Lender approval reflects a waiver was requested and approved from xxxx, however it was not provided in file.		 DTI below max by 5% or greater. 30.52% vs 43%

Time on Job of 5 years or greater. Self Employed xxx for 30 years.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Time on Job of 5 years or greater. Self Employed xxx for 30 years.
DTI below max by 5% or greater. 30.52% vs 43%
     06/19/2018 2 B xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101836 6000032414-20305 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) Borrower filed extension for 2017     Buyer Comment (2019-05-31): non-material. File contained 2015, 2016 tax returns P&L. proof of extension provided.
     06/21/2018 2 B xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101837 6000032414-20305 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp) Borrower filed extension for 2017     Buyer Comment (2019-05-31): non-material. File contained 2015, 2016 tax returns and P&L. proof of extension provided.
     06/21/2018 2 B xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032414 xxxx 12101839 6000032414-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Borrower's ATR Certification was not provided.     Reviewer Comment (2019-05-31): ATR cert provided.
 06/20/2018     1 A xx/xx/xxxx CA Second Home Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032396 xxxx 12101841 6000032396-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.46370% or Final Disclosure APR of 7.50700% is in excess of allowable threshold of APOR 4.64% + 2.5%, or 7.14000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan for CA and FED
     06/20/2018 1 A xx/xx/xxxx NC Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032396 xxxx 12101842 6000032396-22694 05/31/2019 Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.46370% or Final Disclosure APR of 7.50700% is in excess of allowable threshold of APOR 4.64% + 2.5%, or 7.14000%. Compliant Rate Spread Home Loan. Compliant Rate Spread Home Loan     Buyer Comment (2019-05-31): non-material: xxxx accepts state and federal compliant HPML loans
     06/28/2018 2 B xx/xx/xxxx NC Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032396 xxxx 12101843 6000032396-4376 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Underdisclosed $800. It appears Lender did not include $800 Attorney fees in TIL calculations.     Reviewer Comment (2019-05-31): Seller provided corrected CD, copy of refund check, LOE and proof of delivery
   06/27/2018   2 B xx/xx/xxxx NC 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 C B B B A A Non QM Non QM Yes
xxxx 6000032396 xxxx 12101845 6000032396-3826 05/31/2019 Credit Assets Asset Documentation Asset Issue: Gift funds are missing evidence of receipt         Reviewer Comment (2019-05-31): Seller provided wire confirmation verifying gift funds were recieved by title.
 06/27/2018     1 A xx/xx/xxxx NC Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032396 xxxx 12101846 6000032396-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   xxxx Exception Waiver approved exception for the use of business bank statements with less than 50% ownership. Borrower owns 20%. DTI below max by 5% or greater: 34.16% vs 43%

FICO score above minimum by 20 points or greater. 740 vs 680		   Reviewer Comment (2019-05-31): Client elects to waive with compensation factors.
     06/21/2018 2 B xx/xx/xxxx NC Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032396 xxxx 12101847 6000032396-3214 05/31/2019 Credit Income / Employment Income Documentation Employment Error: Employment start date not provided.   File has a letter from the CPA verifying borrower's percentage of ownership, however it does not verify length of self-employment. Note: No other documentation found in file to verify start date. DTI below max by 5% or greater: 34.16% vs 43%

FICO score above minimum by 20 points or greater. 740 vs 680		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 740 vs 680
DTI below max by 5% or greater: 34.16% vs 43%
     06/28/2018 2 B xx/xx/xxxx NC Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032444 xxxx 12101852 6000032444-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Borrower's Settlement statement for the purchase of subject property on 9/29/2017 indicates an $xxxx Loan from a private entity. Payoff demand reflects $xxx owing. No evidence of Note verifying terms of the contract found in file. Unable to determine if any monthly payments were due.     Reviewer Comment (2019-05-31): Copy of Note provided verifying it was a secured straight note with no installment payments.
 07/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101854 6000032444-3325 05/31/2019 Compliance Compliance Miscellaneous Compliance Rental Income Documentation - Schedule E Method Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for xxxx. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E) Missing lease.     Reviewer Comment (2019-05-31): Seller provided xxxx Submission For with loan designation of Non QM
 07/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101855 6000032444-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. xxxx Capital loan submission has loan designation as QM Rebuttable Presumption.     Reviewer Comment (2019-05-31): Seller provided xxxx Submission For with loan designation of Non QM
 07/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032444 xxxx 12101856 6000032444-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however required letter of explanation not found in file.     Reviewer Comment (2019-05-31): seller provided corrected CD and LOE


Seller Comment (2019-05-31): please provide PC CD, LOE and delivery to borrower
   07/09/2018   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032444 xxxx 12101857 6000032444-1153 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Buyer Comment (2019-05-31): non-material - worst case APOR used for compliance testing
     07/11/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101858 6000032444-4205 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) QM Test Data Missing - Last Rate Set Date Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date.       Reviewer Comment (2019-05-31): xxxx Submission form provided with loan designation of Non-QM
 07/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101859 6000032444-1257 05/31/2019 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. xxxx Submission Form reflects loan designation of HPQM with DTI approved at 49.58%.     Reviewer Comment (2019-05-31): Seller provided xxxx Submission For with loan designation of Non QM


Seller Comment (2019-05-31): please provide updated xxxx submission form with QM status of NonQM/ATR compliant
 07/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101861 6000032444-767 05/31/2019 Credit Credit Credit Eligibility Public Record Issue: Credit Report: Original // Public Record Type: 2nd Mortgage Charge-off / Balance: 67411.00 Although this loan has a status of charge off it is showing a balance of $67,411 with a past due amount of $6,988. Please provide verification of zero balance.     Buyer Comment (2019-05-31): Property was short sale 2012, the second is a charge-off which is seasoned more than 4 years. xxxx elects to waive with compensating factors:
Time on Job of 5 years or greater: 30.36 years
FICO score above minimum by 20 points or greater, 704 vs 640
0 X 30 24 month housing history on 2 mortgages for investment properties.
PITIA reserves above minimum by 6 months or greater: 30.83 vs 24


Reviewer Comment (2019-05-31): VOM provided showing $64,443.24 balance. This is still ongoing FC.


Buyer Comment (2019-05-31): (xxxx)please see docs
     07/11/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032444 xxxx 12101862 6000032444-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Seller provided xxxx Submission For with loan designation of Non QM     Reviewer Comment (2019-05-31): xxxx Loan submission form provided
   07/09/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032422 xxxx 12101875 6000032422-6569 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-31): Desk review was received supporting value.
 07/05/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101876 6000032422-20077 05/31/2019 Credit Income / Employment Income Documentation Bank Statement program requires a P&L Statement AND a minimum of 3 months Business Bank Statements in addition to Personal Bank Statements. Required income documents are missing.   Borrower was qualified with business bank statement income. File is missing a P&L statement prepared by the borrower and a business narrative, or a P&L statement prepared by a CPA. DTI below max by 5% or greater 32.29% vs 43%

FICO score above minimum by 20 points or greater 773 vs 680		   Reviewer Comment (2019-05-31): Client elects to waive requirement with compensating factors:


Reviewer Comment (2019-05-31): Unable to clear this exception. Please provide borrower's signature on the P&L and a business narrative. Otherwise, please provide a copy of the xxxx Eligibility Waiver in order to waive this exception.


Buyer Comment (2019-05-31): (xxxx)Borrower is 100% owner of a concrete pumping company. The file contains 24 most recent consecutive business bank statements from a single account. The loan was qualified with 30% expenses. Large deposits and credit were excluded from income calculation. Lender income worksheet shows a qualifying income of $16035.84 which is 30% of the 24 months deposit average of $22,908.34. xxxx elects to waive requirement with compensating factors:
FICO score above minimum by 20 points or greater 773 vs 680
DTI below max by 5% or greater 32.29% vs 43%
     07/30/2018 2 B xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101877 6000032422-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   File is missing the AUS or lender attestation explaining why AUS was not obtained, as required by xxxx Expanded Access Guidelines. DTI below max by 5% or greater 32.29% vs 43%

FICO score above minimum by 20 points or greater 773 vs 680		   Reviewer Comment (2019-05-31): Client elects to waive requirement with compensating factors.


Reviewer Comment (2019-05-31): Unable to clear this exception. Please provide UW attestation or copy of AUS. Otherwise, please provide a copy of the xxxx Eligibility Waiver in order to waive this exception.


Buyer Comment (2019-05-31): (xxxx)Borrower qualified using bank statement deposits average which is not an eligible GSE program. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater 773 vs 680
DTI below max by 5% or greater 32.29% vs 43%
     07/30/2018 2 B xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101878 6000032422-22708 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $485,800.00 is less than the note amount of $xxx,xxx based on the title evidence in file. Title Commitment reflects an ALTA Loan Policy of $485,800.00, which is insufficient to cover the subject loan amount of $xxx,xxx. Final Title Policy was not provided.     Reviewer Comment (2019-05-31): Seller provided updated Title. Issue cleared.


Buyer Comment (2019-05-31): (xxxx)Uploaded revised title
 07/12/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101880 6000032422-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   File is missing the borrower's ATR Certification as required by xxxx Expanded Access Guidelines for all loans. DTI below max by 5% or greater 32.29% vs 43%

FICO score above minimum by 20 points or greater 773 vs 680		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower signed final 1003 and received a copy of the toolkit disclosure. Documents are sufficient and cover same topics as ATR Certification. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater 773 vs 680
DTI below max by 5% or greater 32.29% vs 43%
     07/27/2018 2 B xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101881 6000032422-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $515.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Excess cure provided to the borrower at closing for exceeding appraisal fee tolerance         06/28/2018   1 A xx/xx/xxxx TN Primary Purchase Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
xxxx 6000032422 xxxx 12101882 6000032422-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $68.40 exceeds tolerance of $55.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) Excess cure provided to the borrower at closing for exceeding credit report fee tolerance         06/28/2018   1 A xx/xx/xxxx TN Primary Purchase Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
xxxx 6000032422 xxxx 12101884 6000032422-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) File is missing evidence borrower received a copy of the appraisal and desk review at least 3 business days prior to closing.     Reviewer Comment (2019-05-31): Seller provided email acknowledging provision of the appraisal


Buyer Comment (2019-05-31): (xxxx)uploaded appraisal delivery
 07/12/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101885 6000032422-7013 05/31/2019 Compliance Compliance Federal Compliance (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. (Type:Primary/xx/xx/xxxx) TILA HPML Appraisal Rule (Dodd-Frank 2014): File is missing evidence borrower received a copy of the appraisal and desk review at least 3 business days prior to closing.     Reviewer Comment (2019-05-31): Seller provided email acknowledging provision of the appraisal
 07/12/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101886 6000032422-5447 05/31/2019 Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained prior to consummation. TILA HPML Appraisal Rule (Dodd-Frank 2014): File is missing evidence borrower received a copy of the appraisal at least 3 business days prior to closing.     Reviewer Comment (2019-05-31): Seller provided copy of appraisal reflecting effective date of 4/27/2018.


Buyer Comment (2019-05-31): (xxxx)uploaded the appraisal


Reviewer Comment (2019-05-31): The current appraisal is dated xx/xx/xxx, same day as closing, evidence of receipt was provided 4/29/18. Please provide appraisal report dated earlier than 4/29/18 and evidence of receipt of xx/xxx/xxxx appraisal update.
 07/23/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101887 6000032422-6295 05/31/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. (Initial/xx/xx/xxxx) Borrower consented to electronic disclosures on 04/10/2018 however, Initial Loan Estimate was electronically provided to the borrower on xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: bwr e-consented upon opening package that contained 4/9/18 LE.
     07/09/2018 2 B xx/xx/xxxx TN Primary Purchase No Defined Cure C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101888 6000032422-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Revised Loan Estimate dated xx/xx/xxxx was not signed and dated by the borrowers and has an expected received date of xx/xx/xxxx, which is after the Interim Closing Disclosure dated xx/xx/xxxx. Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-05-31): Seller provided verification of receipt of LE


Buyer Comment (2019-05-31): (xxxx)Uploaded LE 5/10
 07/12/2018     1 A xx/xx/xxxx TN Primary Purchase No Defined Cure C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101889 6000032422-18826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Final/xx/xx/xxxx) All LE's and CD's reflect an abbreviated fee description. A fee description that uses abbreviations or acronyms that are not reasonably understood by the borrower are considered not in compliance with TRID. The LE's and CD's reflect an abbreviated fee for Title - ICPL. The full fee description should be Title - Insured Closing Protection Letter.     Buyer Comment (2019-05-31): Non-material: Clerical only. Doc prep has character limits for fee description.
     07/27/2018 2 B xx/xx/xxxx TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
xxxx 6000032422 xxxx 12101891 6000032422-6446 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.27940% or Final Disclosure APR of 7.33200% is in excess of allowable threshold of APOR 4.59% + 2.5%, or 7.09000%. Non-Compliant Higher Priced Mortgage Loan. Federal Higher-Priced Mortgage Loan - stated APR (7.332%) and audited APR (7.2794%) exceeds the HPML threshold of 7.09% (2.5% over applicable APOR, 4.59%). Loan does not appear to comply with repayment ability, prepayment penalty, and escrow restrictions and requirements applicable to Federal HPMLs.     Reviewer Comment (2019-05-31): Seller provided copy of appraisal reflecting effective date of 4/27/2018.
 07/23/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101892 6000032422-22721 05/31/2019 Credit Guideline Guideline Issue residual income requirement not met.   File is missing the Residual Income Worksheet. Subject loan is a Non-Compliant HPML, which requires the residual income calculation.     Reviewer Comment (2019-05-31): Seller provided residual income worksheet


Buyer Comment (2019-05-31): (xxxx)please see VA worksheet
 07/27/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101893 6000032422-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date 5/31/2018. Provided date 4/29/2018. Effective date xx/xx/xxxx.     Reviewer Comment (2019-05-31): Seller provided copy of appraisal reflecting effective date of 4/27/2018.
 07/23/2018     1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032422 xxxx 12101894 6000032422-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.27940% or Final Disclosure APR of 7.33200% is in excess of allowable threshold of APOR 4.59% + 2.5%, or 7.09000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/23/2018 1 A xx/xx/xxxx TN Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000032467 xxxx 12101895 6000032467-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Fully executed 4506-T for xxx, LLC was not provided.     Reviewer Comment (2019-05-31): Transcripts are not required for <25%.


Buyer Comment (2019-05-31): (xxxx)please see UW comments: The borrower owns 3.703% of that business. Transcripts should not be required for this business.
 07/09/2018     1 A xx/xx/xxxx OR Primary Purchase   C B C A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000032467 xxxx 12101896 6000032467-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx).     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): please provide PC CD and LOE to borrower
   07/09/2018   1 A xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Higher Priced QM Higher Priced QM Yes
xxxx 6000032467 xxxx 12101898 6000032467-7456 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date 04/15/2018. (xxxx/Schedule K-1 less than 25 Percent)       Buyer Comment (2019-05-31): File contains CPA letter and proof that an efile extension was filed for 2017 tax returns
     07/05/2018 2 B xx/xx/xxxx OR Primary Purchase   C B C A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000032467 xxxx 12101899 6000032467-7456 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/S-Corp)       Buyer Comment (2019-05-31): File contains CPA letter and proof that an efile extension was filed for 2017 tax returns
     07/05/2018 2 B xx/xx/xxxx OR Primary Purchase   C B C A B B A A Higher Priced QM Higher Priced QM No
xxxx 6000032442 xxxx 12101900 6000032442-4702 05/31/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation. Financial Institution: xxxx / End Date: 0xx/xx/xxxx // Account Type: Money Markets / Account Number: xxx Missing additional 1 month asset statements PITIA reserves above minimum by 6 months or greater. 45 vs 12 months.

FICO score above minimum by 20 points or greater. 685 vs 580		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx waive w/comp factors:
FICO score above minimum by 20 points or greater. 685 vs 580
PITIA reserves above minimum by 6 months or greater. 45 vs 12 months.
     07/11/2018 2 B xx/xx/xxxx FL Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032442 xxxx 12101901 6000032442-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.65360% or Final Disclosure APR of 7.66800% is in excess of allowable threshold of APOR 4.58% + 2.5%, or 7.08000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     07/06/2018 1 A xx/xx/xxxx FL Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032442 xxxx 12101902 6000032442-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure of .40c reflected on the Final CD was insufficient.     Reviewer Comment (2019-05-31): VCC provided for increase in CBR fees
 07/13/2018     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000032442 xxxx 12101904 6000032442-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $76.54 exceeds tolerance of $60.00. Insufficient or no cure was provided to the borrower. (7520) Cure of .40c reflected on the Final CD was insufficient.     Reviewer Comment (2019-05-31): VCC provided for increase in CBR fees


Seller Comment (2019-05-31): VCC & Invoice


Reviewer Comment (2019-05-31): Seller provided copy of 6/14/2018 CD reflecting CBR fees of $76.14, however the VCC for the $16.40 increase of the CBR fees reflected on the LEs versus the xx/xx/xxxx CD was not provided. Please provide VCC reflecting reason for the credit report fee to increase from $60.00 to $76.14. Once received the $.40 cure tolerance for CBR fee increase from $76.14 to $76.54 will be accurate.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 07/13/2018     1 A xx/xx/xxxx FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032442 xxxx 12101905 6000032442-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is HPML. The Residual Income worksheet was not provided.
Transmittal summary notes it was completed, however it was not provided.		     Reviewer Comment (2019-05-31): VA Residual Income provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 07/10/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032442 xxxx 12101906 6000032442-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $76.54 exceeds tolerance of $76.14. Sufficient or excess cure was provided to the borrower at Closing. (7520)           07/13/2018   1 A xx/xx/xxxx FL Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
xxxx 6000032417 xxxx 12101908 6000032417-23931 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary       Reviewer Comment (2019-05-31): less than 12 months
 07/09/2018     1 A xx/xx/xxxx OR Primary Purchase   C B B A C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032417 xxxx 12101909 6000032417-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.21940% or Final Disclosure APR of 7.24600% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     07/09/2018 1 A xx/xx/xxxx OR Primary Purchase   C B B A C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032417 xxxx 12101910 6000032417-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM. xxxx Submission Sheet reflects loan designation of QM Safe Harbor, calculates to be HPQM.     Reviewer Comment (2019-05-31): Seller provided xxxx Submission for reflecting Rebuttable Presumption (HPQM)


Seller Comment (2019-05-31): Please provide updated xxxx submission form with QM Status of QM: Rebuttable Presumption
 07/10/2018     1 A xx/xx/xxxx OR Primary Purchase Lender to provide updated ATR/QM status C B B A C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032417 xxxx 12101911 6000032417-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): Seller provided LOE to borrower.
   07/10/2018   1 A xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B A C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032417 xxxx 12101912 6000032417-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $735.75, calculates to be $981. ($81.75 x 12). It appears Lender used total amount due per HOI versus total premium for CD data input. Data is still not accurate on subsequent disclosure.     Buyer Comment (2019-05-31): non-material: Client collected 3 months in the initial escrow payment at closing. That is the difference between the $981 and $735.75
     07/09/2018 2 B xx/xx/xxxx OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B A C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032417 xxxx 12101913 6000032417-4956 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Missing Seller's Closing Disclosure.   Missing page 2 of seller's CD reflecting breakdown of fees paid. File has page 1 and Addendum to CD.     Buyer Comment (2019-05-31): non-material: Seller provided complete copy of sellers CD. Seller Fees did not include any borrower closing costs that increased and were switched to seller-paid
     07/11/2018 2 B xx/xx/xxxx OR Primary Purchase Good Faith Redisclosure C B B A C B A A Safe Harbor QM Higher Priced QM Yes
xxxx 6000032417 xxxx 12101914 6000032417-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is a HPQM which requires a residual income worksheet.     Reviewer Comment (2019-05-31): Seller provided VA Residual Income Worksheet
 07/10/2018     1 A xx/xx/xxxx OR Primary Purchase   C B B A C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032417 xxxx 12101915 6000032417-6642 05/31/2019 Compliance Compliance Federal Compliance 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 matches the Due Diligence Loan Designation of Higher Priced QM. Seller provided xxxx Submission for reflecting Rebuttable Presumption (HPQM)     Reviewer Comment (2019-05-31): Seller provided xxxx Submission for reflecting Rebuttable Presumption (HPQM)
   07/10/2018   2 B xx/xx/xxxx OR Primary Purchase Lender to provide updated ATR/QM status C B B A C B A A Safe Harbor QM Higher Priced QM No
xxxx 6000032466 xxxx 12101917 6000032466-6569 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Ordered 7/5/18, will clear upon receipt.     Reviewer Comment (2019-05-31): Desk review received.
 07/09/2018     1 A xx/xx/xxxx TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
xxxx 6000032466 xxxx 12101918 6000032466-4433 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow - Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan will have an escrow account. (Final/xx/xx/xxxx) Final Closing Disclosure does not reflect the reason borrower does not have an escrow account.     Reviewer Comment (2019-05-31): Seller provided corred CD and LOE


Reviewer Comment (2019-05-31): A corrected PC CD was provided, however there was no LOE to borrower regarding changes, unable to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   07/13/2018   2 B xx/xx/xxxx TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000032466 xxxx 12101919 6000032466-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure provided did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-05-31): SEller provided LOE and corrected CD.
   07/13/2018   2 B xx/xx/xxxx TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000032466 xxxx 12101920 6000032466-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $183.00 exceeds tolerance of $113.00 plus 10% or $124.30. Insufficient or no cure was provided to the borrower. (0) Insufficient cure provided.     Reviewer Comment (2019-05-31): Seller provided corrected CD, LOE, copy of refund check and proof of mailing.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 07/13/2018     1 A xx/xx/xxxx TX 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 B C B C A Non QM Non QM Yes
xxxx 6000032466 xxxx 12101921 6000032466-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of $69.28 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77188) Insufficient cure provided. Fee was never disclosed and paid to a 3rd party that is not the borrower's selected title agent. Subsequently the fee is included in 0% testing. To include in title group that can change, please provide attestation from title agent that the vendor is affiliated with or selected by the title agent. Otherwise, a refund is required.     Reviewer Comment (2019-05-31): Seller provided documentation provider was selected by the same provider used for the other title fees.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 07/13/2018     1 A xx/xx/xxxx TX 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 B C B C A Non QM Non QM Yes
xxxx 6000032466 xxxx 12101922 6000032466-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for GARC Fee. Fee Amount of $4.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77219) Sufficient cure provided however all tolerance exceptions must be cured together. Final CD reflects a cure amount of $27.70. Fee was never disclosed and paid to a 3rd party that is not the borrower's selected title agent. Subsequently the fee is included in 0% testing. To include in title group that can change, please provide attestation from title agent that the vendor is affiliated with or selected by the title agent. Otherwise, a refund is required.     Reviewer Comment (2019-05-31): Seller provided attestation
 07/13/2018     1 A xx/xx/xxxx TX 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 B C B C A Non QM Non QM Yes
xxxx 6000032466 xxxx 12101923 6000032466-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Bank statement analysis reflects decline in income for xxxx.
27 month average: $14,933.85 compared to most recent 24 months $13,578.11		 DTI below max by 5% or greater. 34.30% vs 43%

Time on Job of 5 years or greater. Coborrower self employed xxx for 11 years.

Time on Job of 5 years or greater. 12 years self employed xxx

FICO score above minimum by 20 points or greater. 716 vs 620		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
FICO score above minimum by 20 points or greater. 716 vs 620
Time on Job of 5 years or greater. 12 years self employed xxx.
Time on Job of 5 years or greater. Coborrower self employed xxx for 11 years.
DTI below max by 5% or greater. 34.30% vs 43%
     07/16/2018 2 B xx/xx/xxxx TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
xxxx 6000032466 xxxx 12101924 6000032466-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Bank statement average of $7,665.84 for xxx is not within 10% tolerance of Gross P&L income of $6,819.74 for the borrower. (11.04%)
Bank statement average of $5,110.56 for xxx is not within 10% tolerance of Gross P&L income of $4,546.49 for the coborrower (11.04%)		 DTI below max by 5% or greater. 34.30% vs 43%

Time on Job of 5 years or greater. Coborrower self employed xxx for 11 years.

Time on Job of 5 years or greater. 12 years self employed xxx.

FICO score above minimum by 20 points or greater. 716 vs 620		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
FICO score above minimum by 20 points or greater. 716 vs 620
Time on Job of 5 years or greater. 12 years self employed xxxxx.
Time on Job of 5 years or greater. Coborrower self employed xxx for 11 years.
DTI below max by 5% or greater. 34.30% vs 43%
     07/16/2018 2 B xx/xx/xxxx TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
xxxx 6000032466 xxxx 12101925 6000032466-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Bank statement average of $10,392.62 for xxxx is not within 10% tolerance of Gross P&L income of $9246.9. ( 11.03%) DTI below max by 5% or greater. 34.30% vs 43%

Time on Job of 5 years or greater. Coborrower self employed xxx for 11 years.

Time on Job of 5 years or greater. 12 years self employed xxx.

FICO score above minimum by 20 points or greater. 716 vs 620		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
FICO score above minimum by 20 points or greater. 716 vs 620
Time on Job of 5 years or greater. 12 years self employed xxx.
Time on Job of 5 years or greater. Coborrower self employed xxxfor 11 years.
DTI below max by 5% or greater. 34.30% vs 43%
     07/16/2018 2 B xx/xx/xxxx TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
xxxx 6000032466 xxxx 12101926 6000032466-6544 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $183.00 exceeds tolerance of $113.00 plus 10% or $124.30. Sufficient or excess cure was provided to the borrower. (0)       Buyer Comment (2019-05-31): Non-material: excess cure provided.
     07/16/2018 2 B xx/xx/xxxx TX 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 B C B C A Non QM Non QM Yes
xxxx 6000032463 xxxx 12101930 6000032463-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Loan is HPML.
The Residual income worksheet was not provided.		     Reviewer Comment (2019-05-31): Seller provided residual income worksheet


Buyer Comment (2019-05-31): (xxxx)please see VA worksheet
 08/09/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Higher Priced QM No
xxxx 6000032463 xxxx 12101931 6000032463-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing xxxx Submission Sheet     Reviewer Comment (2019-05-31): Seller provided Submission Form with QM status of Safe Harbor.


Seller Comment (2019-05-31): QM status should be QM: Rebuttable Presumption
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Higher Priced QM No
xxxx 6000032463 xxxx 12101932 6000032463-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Higher Priced QM. xxxx Submission sheet with Originator Loan Designation not provided. Due diligence determined a designation of higher priced QM     Reviewer Comment (2019-05-31): Seller provided Submission Form with QM status of Safe Harbor.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101933 6000032463-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing date = xx/xx/xxxx
Notary/Consummation date - xx/xx/xxxx		     Reviewer Comment (2019-05-31): AMC received corrected Closing Disclosure and Letter of Explanation.


Seller Comment (2019-05-31): Seller provided corrected CD, however required letter of explanation to borrower was not provided.


Reviewer Comment (2019-05-31): Seller provided corrected CD, however required letter of explanation to borrower was not provided.


Seller Comment (2019-05-31): please provide PC CD and LOE to borrower
   08/03/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101934 6000032463-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Deliver of Road base $500, Real estate commission to both buyers and sellers agent ($23,625 and $28,875) repairs fee of $5300, Window Repair of $812.47 and Owner Policy of $1248.50 not on Consumer CD.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation and Corrected Closing Disclosure.
   08/03/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101935 6000032463-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Evidence of the monthly property tax calculation was not provided for the subject property.     Reviewer Comment (2019-05-31): Seller provided Tax cert and tax bill verifying tax calculations.


Seller Comment (2019-05-31): For the taxes, we used 1.0503% Tax Rate from the Tax Bill (attached) and then added the $336.44 in Direct Charges from the Cert.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A UTD Higher Priced QM No
xxxx 6000032463 xxxx 12101936 6000032463-24186 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $13,411.56 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Missing evidence of lender's property tax calculations. Review used 1.25%, however based of prelim title millage was approximately 1.1%. Lender used $xxx, which calculates to be approximately 1.08%. Evidence supporting $xxx will clear exception, otherwise corrected PC CD and LOE are required to cure the exception.     Reviewer Comment (2019-05-31): Seller provided tax cert and tax bill verifying calculations of property taxes.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101937 6000032463-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/482874) Missing evidence of lender's property tax calculations. Review used 1.25%, however based of prelim title millage was approximately 1.1%. Lender used $xxx, which calculates to be approximately 1.08%. Evidence supporting $xxx will clear exception, otherwise corrected PC CD and LOE are required to cure the exception.     Reviewer Comment (2019-05-31): Seller provided tax cert and tax bill verifying calculations of property taxes.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101938 6000032463-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/482874) Missing evidence of lender's property tax calculations. Review used 1.25%, however based of prelim title millage was approximately 1.1%. Lender used $xxx, which calculates to be approximately 1.08%. Evidence supporting $xxx will clear exception, otherwise corrected PC CD and LOE are required to cure the exception.     Reviewer Comment (2019-05-31): Seller provided tax cert and tax bill verifying calculations of property taxes.


Seller Comment (2019-05-31): For the taxes, we used 1.0503% Tax Rate from the Tax Bill (attached) and then added the $336.44 in Direct Charges from the Cert.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101939 6000032463-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM. Seller provided Submission Form with QM status of Safe Harbor.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Rebuttable Presumption


Buyer Comment (2019-05-31): (xxxx)please see submission form
 08/09/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A UTD Higher Priced QM Yes
xxxx 6000032463 xxxx 12101940 6000032463-6642 05/31/2019 Compliance Compliance Federal Compliance 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 matches the Due Diligence Loan Designation of Higher Priced QM. Updated Submission Form provided with QM status of Rebuttable Presumption     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Rebuttable Presumption
   08/09/2018   2 B xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A UTD Higher Priced QM No
xxxx 6000032406 xxxx 12101941 6000032406-22931 05/31/2019 Credit Guideline Guideline Issue The file is missing evidence of the Total Monthly Income taxes used by lender to calculate the VA Residual Income.   Residual income calculation is not required as DTI is less than 43% and the loan is not an HPML     Reviewer Comment (2019-05-31): This was loaded as EV2 but is not required.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101942 6000032406-20305 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) Self-employed income was not documented with the most recent tax return and the creditor application date > tax filing date. The most recent tax return on file is 12/31/2016, the application date is xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: 2 yr tax returns in file and proof borrower filed 2017 tax extension
     08/07/2018 2 B xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101943 6000032406-20305 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) Self-employed income was not documented with the most recent tax return and the creditor application date > tax filing date. The most recent tax return on file is 12/31/2016, the application date is xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: 2 yr tax returns in file and proof borrower filed 2017 tax extension
     08/07/2018 2 B xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101944 6000032406-7087 05/31/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial Escrow Statement is not on file     Reviewer Comment (2019-05-31): Escrow statement provided.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101945 6000032406-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Evidence the borrower received the E-Sign Consent Agreement is not on file     Reviewer Comment (2019-05-31): E-Sign consent verification provided.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101946 6000032406-24186 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $34,775.62 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Homeowners insurance Policy reflects annual premium of $7620 or $635 monthly. Final Closing Disclosure reflects an annual premium of $8667.10 or $722.25 per month. Final CD further reflects the monthly premium of $720.18 in Section G which is inconsistent with annual premium reflected in Section F.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2019-05-31): (xxxx)LOE uploaded


Seller Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.


Buyer Comment (2019-05-31): (xxxx)please see copy of final CD. Should clear multiple conditions
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101947 6000032406-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/496575) Final Closing Disclosure reflects annual premium of $8,667.10 or $722.25 per month. Section G of the Final CD reflects monthly as $720.18     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD provided.


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101948 6000032406-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/496576) Final Closing Disclosure reflects annual premium of $8,667.10 or $722.25 per month. Section G of the Final CD reflects monthly as $720.18     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD provided.


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101949 6000032406-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/496577) Final Closing Disclosure reflects annual premium of $8,667.10 or $722.25 per month. Section G of the Final CD reflects monthly as $720.18     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101950 6000032406-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/496578) Final Closing Disclosure reflects annual premium of $8,667.10 or $722.25 per month. Section G of the Final CD reflects monthly as $720.18     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101951 6000032406-4675 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/496575) CD total minimum payment is $9334.87. The actual calculated minimum payment is $9249.69. This is due to the difference in escrow payment calculation of $85.18     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101952 6000032406-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) Homeowners insurance listed under Prepaids section as $8667.10. Section G. Initial escrow Payment lists the per month amount as $720.18 x 12 months = $8642.16 which does not match     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.


Reviewer Comment (2019-05-31): Seller provided corrected CD and proof of delivery, however the required LOE to the borrower was not provided. Please provide the LOE for this issue.
   08/03/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101953 6000032406-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Transfer Taxes $2640 and Owners Title insurance $3960 listed on Consumer CD. Owners title insurance fee was listed as $2157 on Seller CD, which is a difference of $1803     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.
   08/03/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B C A D B A A Non QM Non QM Yes
xxxx 6000032406 xxxx 12101954 6000032406-6302 05/31/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. No evidence CHARM booklet was provided to the borrower     Reviewer Comment (2019-05-31): Verification Charm Booklet was provided to the borrower was received.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101955 6000032406-6301 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. ARM loan disclosure missing from file.     Reviewer Comment (2019-05-31): ARM disclosure provided
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101956 6000032406-2799 05/31/2019 Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided   The Note was missing from loan file.     Reviewer Comment (2019-05-31): Note was provided.
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101957 6000032406-2798 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   The Final 1003 was missing from loan file.     Reviewer Comment (2019-05-31): 1003 provided.


Buyer Comment (2019-05-31): (xxxx)please see final 1003


Reviewer Comment (2019-05-31): The 1003 provided is not the Final. Application is not signed by the borrower and the only date indicated is xx/xx/xxxx.
 08/06/2018     1 A xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101958 6000032406-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Submission form provided with QM status of Non QM.     Reviewer Comment (2019-05-31): Updated Submission form was provided with QM status of Non QM
   07/31/2018   2 B xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM No
xxxx 6000032406 xxxx 12101959 6000032406-7115 05/31/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.       Buyer Comment (2019-05-31): non-material: RESPA Disclosure, CA Escrow - final CD is accurate.
     08/07/2018 2 B xx/xx/xxxx CA Primary Purchase   D B C A D B A A Non QM Non QM Yes
xxxx 6000032416 xxxx 12101961 6000032416-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 7.69 is less than Guideline PITIA months reserves of 12.00. Verified reserves are insufficient to meet 12 month requirement. FICO score above minimum by 20 points or greater. 685 vs 660

Time on Job of 5 years or greater. Borrower self employed xxx for 10 years.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Time on Job of 5 years or greater. Borrower self employed xxx for 10 years.
FICO score above minimum by 20 points or greater. 685 vs 660
     07/18/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032416 xxxx 12101962 6000032416-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Declining Income LOE Missing explanation of bank statement deposit decline. 12 month average is $9149, most recent 6 months have only averaged $1119. FICO score above minimum by 20 points or greater. 685 vs 660

Time on Job of 5 years or greater. Borrower self employed xxx for 10 years.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower has been involved in the xxx of xxx as full time profession in excess of 20 years. Borrowers work from home, have no employees, no overhead, inventory or rent. Income is commission based and borrower states income has been increasing annually year over year. xxxx elects to waive with compensating factors:
Time on Job of 5 years or greater. Borrower self employed xxxx for 10 years.
FICO score above minimum by 20 points or greater. 685 vs 660
     07/18/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032416 xxxx 12101963 6000032416-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Closing Disclosure indicates closing was xx/xx/xxxx, Notary date was xx/xx/xxxx.     Reviewer Comment (2019-05-31): Seller provided corrected CD with LOE


Buyer Comment (2019-05-31): (xxxx)please see docs
   07/18/2018   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032416 xxxx 12101964 6000032416-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) Number of months for prepaid homeowners insurance was left blank     Reviewer Comment (2019-05-31): Seller provided corrected CD with LOE
   07/18/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032416 xxxx 12101965 6000032416-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. The loan was disbursed prior to the 3 days right of rescission period. (Transaction date of xx/xx/xxxxplus 3 days = 6/26/2018) Disbursement date should be xx/xx/xxxx     Reviewer Comment (2019-05-31): PC CD provided with corrected disbursement date
 07/18/2018     1 A xx/xx/xxxx CA 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 B C B A A Non QM Non QM Yes
xxxx 6000032472 xxxx 12101969 6000032472-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for numerous mortgage lates reflected on 1st and 2nd mortgages for prior residence.     Reviewer Comment (2019-05-31): Seller provided LOE regarding the mortgage lates.


Buyer Comment (2019-05-31): (xxxx)LOE provided- please view page 405 of closing package.
 07/24/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101970 6000032472-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   Time on Job of 5 years or greater: 7.35 years

PITIA reserves above minimum by 6 months or greater: 16.41 vs 6

FICO score above minimum by 20 points or greater: 663 VS 620		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     07/20/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101972 6000032472-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) xxxx Submission Form reflects QM Status of Rebuttable Presumption. Loan approved with Bank Statement Income.     Reviewer Comment (2019-05-31): Seller provided updated xxxx Submission Form with QM status of Non QM


Seller Comment (2019-05-31): submission form attached
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101973 6000032472-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.23260% or Final Disclosure APR of 7.28300% is in excess of allowable threshold of APOR 4.61% + 1.5%, or 6.11000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/20/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101974 6000032472-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.23260% or Final Disclosure APR of 7.28300% is in excess of allowable threshold of APOR 4.61% + 1.5%, or 6.11000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/20/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101975 6000032472-24186 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of $10,139.04 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated property costs of $10,139.04 over year 1 disclosed on CD based on 12 monthly property costs of $844.92. Hazard in file is $73.25 and taxes were $791.67 bases on 1.25% of $xxxx purchase price totaling $xxx monthly x 12 = $10,379.04. Based on 1008, difference appears to be in taxes, qualified at $771.67 monthly by lender.     Reviewer Comment (2019-05-31): Seller provided tax documentation from xxxx tax auditor reflecting a tax rate of 1.218421.


Seller Comment (2019-05-31): Please view the attached tax rate document UW used to get those figures.
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032472 xxxx 12101976 6000032472-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. xxxx Loan Submission Form reflects QM Status of Reubttable Presumption.     Reviewer Comment (2019-05-31): Seller provided updated xxxx Submission Form with QM status of Non QM
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032472 xxxx 12101977 6000032472-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/489745) CD reflects $844.92, calculates to be $864.92. Variance due to property taxes. Lender calculated $771.67. Calculations based on $xxx purchase price x 1.25% = $xxx monthly taxes.     Reviewer Comment (2019-05-31): Seller provided tax documentation from xxx tax auditor reflecting a tax rate of 1.218421.
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032472 xxxx 12101978 6000032472-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/489745) CD reflects $3,209.86, calculates to be $3,229.86.     Reviewer Comment (2019-05-31): Seller provided tax documentation from xxx tax auditor reflecting a tax rate of 1.218421.
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032472 xxxx 12101980 6000032472-21426 05/31/2019 Credit Guideline Guideline Issue Borrower has greater than 1x30 mortgage late and not allowable per guidelines.   Loan was approved on EA Core with a credit grade of NCE. Credit Report reflects 1x30 on 2/18 and 1x60 on 12/17 which exceeds 0x30x12 allowed. No evidence of xxxx Eligibility Waiver found in file.     Reviewer Comment (2019-05-31): Loan was submitted as RCE.
 07/23/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032472 xxxx 12101981 6000032472-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Seller provided updated xxxx Submission Form with QM status of Non QM     Reviewer Comment (2019-05-31): Seller provided updated xxxx Submission Sheet with QM status of Non QM
   07/23/2018   2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032471 xxxx 12101968 6000032471-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Provide letter of explanation for declining income. Profit and Loss statement for year to date 2018 for xxxx reflects a decline in income of 67.1% 0 X 30 24 month housing history. 37 months 0 x 30

PITIA reserves above minimum by 6 months or greater. 38 vs 21 months

FICO score above minimum by 20 points or greater. 695 vs 580		   Reviewer Comment (2019-05-31): Client waived with compensating factors.


Buyer Comment (2019-05-31): (xxxx)Pee UW write-up on 1008, Both borrowers are xxxx of 2 1120s businesses, xxxx. Ownership percentage between the 2 borrowers equals 100%. In 2016, the borrowers filed 1 1120s for both companies and then in 2017 decided to break them out onto 2 forms. Due to this, the borrowers ownership interest also fluctuated between both companies. UW only qualified at 2017 average.
xxxx elects to waive with compensating factors:

FICO score above minimum by 20 points or greater. 695 vs 580
PITIA reserves above minimum by 6 months or greater. 38 vs 21 months
0 X 30 24 month housing history. 37 months 0 x 30
     08/06/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032476 xxxx 12101983 6000032476-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) The file was submitted as a bank statement loan while xxxx Submission Form reflects QM Status of Reuttable Presumption.     Reviewer Comment (2019-05-31): Seller provided updated submission form with QM status of Non QM


Seller Comment (2019-05-31): Please provide xxxx submission form with QM designation of NonQM/ATR compliant.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000032476 xxxx 12101984 6000032476-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.13030% or Final Disclosure APR of 6.18900% is in excess of allowable threshold of APOR 4.61% + 1.5%, or 6.11000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/24/2018 1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000032476 xxxx 12101985 6000032476-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. The file was submitted as a bank statement loan while xxxx Submission Form reflects QM Status of Reuttable Presumption.     Reviewer Comment (2019-05-31): Seller provided updated submission form with QM status of Non QM


Seller Comment (2019-05-31): Please provide xxxx submission form with QM designation of NonQM/ATR compliant.
 07/27/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000032476 xxxx 12101986 6000032476-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.13030% or Final Disclosure APR of 6.18900% is in excess of allowable threshold of APOR 4.61% + 1.5%, or 6.11000%. Compliant Higher Priced Loan. Loan was a compliant higher priced loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/24/2018 1 A xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000032476 xxxx 12101987 6000032476-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx, but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): Seller provided LOE to borrower
   07/27/2018   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000032476 xxxx 12101988 6000032476-4188 05/31/2019 Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   TRID Non-Compliance: Missing payee for Appraisal Review Fee. CD reflects TBD. Data is still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): Seller provided payee on PC CD issued 7/27/2018 with an LOE to the borrower.
   07/27/2018   2 B xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000032476 xxxx 12101990 6000032476-4372 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Demand Feature TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan contains a Demand Feature. (Final/xx/xx/xxxx) CD data field is blank. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): Seller provided LOE to borrower.
   07/27/2018   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Higher Priced QM Non QM Yes
xxxx 6000032476 xxxx 12101994 6000032476-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Seller provided updated submission form with QM status of Non QM     Reviewer Comment (2019-05-31): Seller provided updated submission form with QM status of Non QM
   07/27/2018   2 B xx/xx/xxxx CA Primary Purchase   C B A A C B A A Higher Priced QM Non QM No
xxxx 6000032420 xxxx 12102000 6000032420-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   Time on Job of 5 years or greater. 23.27 years

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 738 vs 580		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     07/23/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032420 xxxx 12102002 6000032420-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx).     Reviewer Comment (2019-05-31): Seller provided corrected CD and LOE to borrower.


Seller Comment (2019-05-31): See attached
   07/27/2018   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032420 xxxx 12102003 6000032420-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $600.     Reviewer Comment (2019-05-31): The PCCD Analyzer does not yet address TRID fee tolerance exceptions. The xx/xx/xxxx PCCD and LOE is sufficient to clear the tolerance exception.
   08/01/2018   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032420 xxxx 12102004 6000032420-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reimbursement to broker for appraisal. Fee Amount of $600.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (81724) Final CD reflects $600 Appraisal Reimbursement fee to broker in section H plus a $600 Appraisal fee paid by borrower before closing in section B.     Reviewer Comment (2019-05-31): The PCCD Analyzer does not yet address TRID fee tolerance exceptions. The xx/xx/xxxx PCCD and LOE is sufficient to clear the tolerance exception.


Seller Comment (2019-05-31): See attached


Reviewer Comment (2019-05-31): Please provide a corrected CD removing the reimbursement fee reflected in section H along with a LOE to the borrower.This will clear the tolerance exception.


Seller Comment (2019-05-31): See final CD - Section B shows appraisal fee paid to Appraisal AMC (AAG) not borrower; Section B shows reimbursement to Broker; Appraisal invoice shows appraisal fee originally paid to Broker
   08/01/2018   2 B xx/xx/xxxx CA 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 B C B A A Non QM Non QM Yes
xxxx 6000032420 xxxx 12102005 6000032420-1330 05/31/2019 Compliance Compliance Federal Compliance 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. Evidence of disclosure not found in file.     Reviewer Comment (2019-05-31): Seller provided list of counseling agencies.


Seller Comment (2019-05-31): see attached list


Reviewer Comment (2019-05-31): Seller provided Acknowledgement of Certification of Counseling. Please provide the List of Homeownership Counseling Agencies. Disclosure should have a total of 10 agencies in the borrower's area.


Seller Comment (2019-05-31): see attached
 07/27/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032420 xxxx 12102006 6000032420-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's attestation of no new debt. Latest Full Credit Report dated 6/12/2018. Note date xx/xx/xxxx.     Reviewer Comment (2019-05-31): No inquiries so no attestation required.


Buyer Comment (2019-05-31): (xxxx)please review - per g/l a written explanation for all inquiries within 90 days of application is required disclosing no new debt. Credit report shows no Inquiries. Attestation of no new debts is an alternative confirmation when there are inquiries with no written explanation.
 08/06/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032420 xxxx 12102007 6000032420-23818 05/31/2019 Compliance Compliance Federal Compliance TRID Post Close Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Finance Charge of $701,982.56 disclosed on the Final Closing Disclosure dated xx/xx/xxxx is under-disclosed by more than $35 compared to the Financed Charge calculated based on fees disclosed on the Post Closing Disclosure of $702,417.38 provided on xx/xx/xxxx, a difference of $434.82000. (Post-Close/xx/xx/xxxx) New Exception (7/25/2018) Under disclosed $434.82 due to transfer taxes. Note: PC CD reflects $381.15 transfer taxes in section C when they should be in section E. Please issue a corrected CD reflecting the transfer taxes in section E along with a LOE to the borrower.     Reviewer Comment (2019-05-31): Seller provided corrected CD and LOE to the borrower.


Seller Comment (2019-05-31): see attached
 07/31/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term 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 B C B A A Non QM Non QM Yes
xxxx 6000032420 xxxx 12102008 6000032420-24221 05/31/2019 Compliance Compliance Federal Compliance TRID Post Close Closing Disclosure Total Of Payments Test Rescindable Transactions TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Total of Payments of $1,397,157.56 disclosed on the Final Closing Disclosure dated xx/xx/xxxx is inaccurate by more than $35 compared to the Total of Payments calculated based on fees disclosed on the Post Closing Disclosure of $1,397,398.53 provided on xx/xx/xxxx, a difference of $240.97000. (Post-Close/xx/xx/xxxx) New Exception (7/25/2018) PC CF reflects total payments of $1,394,156.56 which exceeds $1,397,398.53 disclosed on Final CD. A $240.97 variance which exceeds the maximum allowed of $35. Note: PC CD reflects $381.15 transfer taxes in section C when they should be in section E. Please issue a corrected CD reflecting the transfer taxes in section E along with a LOE to the borrower.     Reviewer Comment (2019-05-31): Seller provided corrected CD and LOE to the borrower.


Seller Comment (2019-05-31): see attached
 07/31/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term 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 B C B A A Non QM Non QM Yes
xxxx 6000032413 xxxx 12101991 6000032413-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) xxxx Submission Form reflects QM status of Safe Harbor QM.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 07/31/2018     1 A xx/xx/xxxx PA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000032413 xxxx 12101993 6000032413-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.91370% or Final Disclosure APR of 6.91400% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/24/2018 1 A xx/xx/xxxx PA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000032413 xxxx 12101995 6000032413-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. xxxx Submission form reflects QM status of Safe Harbor QM. Loan was qualified on bank statement income.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM


Buyer Comment (2019-05-31): (xxxx)please see docs
 07/31/2018     1 A xx/xx/xxxx PA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Non QM Yes
xxxx 6000032413 xxxx 12101996 6000032413-18826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Final/xx/xx/xxxx) CD reflects CPL fee, should be Closing Protection Letter.     Buyer Comment (2019-05-31): Non-material: Clerical only --- Doc Prep has character restrictions for fee description
     08/01/2018 2 B xx/xx/xxxx PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Non QM Yes
xxxx 6000032413 xxxx 12101998 6000032413-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Application indicates borrower is living rent free at xxxx, however property profile reflects this property is currently owned by borrower's spouse. Per Guidelines, rent free from spouse is not permitted. Housing history must be provided.     Reviewer Comment (2019-05-31): Seller provided 12 month housing payment history


Buyer Comment (2019-05-31): (xxxx)Housing History
 07/31/2018     1 A xx/xx/xxxx PA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000032413 xxxx 12101999 6000032413-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
   07/31/2018   2 B xx/xx/xxxx PA Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
xxxx 6000032477 xxxx 12102027 6000032477-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 The subject property is located in a FEMA declared disaster area without an end date. Time on Job of 5 years or greater: Co-borrower has been with the same employer for 13.05 years.

FICO score above minimum by 20 points or greater. 707 vs 680		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     07/25/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032477 xxxx 12102029 6000032477-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.54930% or Final Disclosure APR of 7.58600% is in excess of allowable threshold of APOR 4.59% + 2.5%, or 7.09000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/25/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032477 xxxx 12102030 6000032477-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.54930% or Final Disclosure APR of 7.58600% is in excess of allowable threshold of APOR 4.59% + 2.5%, or 7.09000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     07/25/2018 1 A xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032477 xxxx 12102031 6000032477-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Lender indicates on the 1008 there is an Exception approval to use $25,000 sign on bonus in primary borrower's income calculations. However, no evidence of xxxx Eligibility Waiver found in file. Income would be reduced $2,083.33 without using this income resulting in DTI of 54.18%. Time on Job of 5 years or greater: Co-borrower has been with the same employer for 13.05 years.

FICO score above minimum by 20 points or greater. 707 vs 680		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Reviewer Comment (2019-05-31): Unable to clear this exception without the xxxx Eligibility Waiver verifying approval.


Buyer Comment (2019-05-31): (xxxx)xxxx approved the use of $25K signing bonus with compensating factors:
FICO score above minimum by 20 points or greater. 707 vs 680
Time on Job of 5 years or greater: Co-borrower has been with the same employer for 13.05 years.
     07/31/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032477 xxxx 12102032 6000032477-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 85.00004% exceeds Guideline loan to value percentage of 80.00000%. EA Core Full Doc purchase Program with a Loan Amount of $xxx has a maximum LTV of 80%. No evidence of xxxx Eligibility Waiver found in file. Time on Job of 5 years or greater: Co-borrower has been with the same employer for 13.05 years.

FICO score above minimum by 20 points or greater. 707 vs 680		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors;
FICO score above minimum by 20 points or greater. 707 vs 680
Time on Job of 5 years or greater: Co-borrower has been with the same employer for 13.05 years.
     07/27/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032454 xxxx 12102033 6000032454-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		 Subject property was appraised on 04/27/2018. Last disaster declared on xx/xx/xxxx does not have an end date, and it cannot be determined if the subject property was affected by the same or another FEMA Disaster. FICO score above minimum by 20 points or greater; 699 vs 660 expanded DTI guideline minimum

Time on Job of 5 years or greater		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     07/26/2018 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000032454 xxxx 12102035 6000032454-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $750.00 exceeds tolerance of $675.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Appraisal Fee was disclosed as $675.00 on the LE dated xx/xx/xxxx, but disclosed as $750.00 on the Final Closing Disclosure. Sufficient cure of $75.00 was provided to the borrowers on the Final Closing Disclosure.         07/25/2018   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
xxxx 6000032469 xxxx 12102036 6000032469-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud Report in file is incomplete. File only contains pages 18-20.     Reviewer Comment (2019-05-31): Seller provided Fraud Report


Buyer Comment (2019-05-31): (xxxx)please see fraud report
 08/09/2018     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102037 6000032469-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Provide xxxx Submission Sheet.     Reviewer Comment (2019-05-31): xxxx submission provisded.


Buyer Comment (2019-05-31): (xxxx)please see sub form
 08/15/2018     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102038 6000032469-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 3.15 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2019-05-31): $174,000.00 loan amount requires 3 months reserves. Clearing issue


Buyer Comment (2019-05-31): (xxxx)please review, loan amount is less than < $250K, only 3 months reserves required.
 07/31/2018     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102040 6000032469-23698 05/31/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx       Reviewer Comment (2019-05-31): Seller provided Fraud Report
 08/09/2018     1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102041 6000032469-7036 05/31/2019 Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.       Buyer Comment (2019-05-31): Non-material. Appraiser made clerical update on 7/5/2018 which did not impact value.
     08/16/2018 2 B xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102042 6000032469-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. The Borrower received a copy of the appraisal xx/xx/xxxx, which was prior to the date the appraisal was signed by the Appraiser on xx/xx/xxxx.     Buyer Comment (2019-05-31): Non-material. Appraiser made clerical update on 7/5/2018 which did not impact value.
     08/14/2018 2 B xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032469 xxxx 12102043 6000032469-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.16520% or Final Disclosure APR of 6.18900% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan. The loan was a compliant higher priced mortgage loan     Reviewer Comment (2019-05-31): compliant higher priced mortgage loan
     07/27/2018 1 A xx/xx/xxxx IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032425 xxxx 12102045 6000032425-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. Subject loan closed with an LTV of 80.00% which exceeds the xxxx xxxx Statement guideline maximum of 75.00% for a loan amount of $xxx. File contains a Lender exception request that does not specify the exception parameters and file is missing the xxxx Capital approved exception to allow the excessive LTV. PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties

773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum

24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum		   Reviewer Comment (2019-05-31): Client elects to waive with verified comp factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum
773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum
PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties
     08/06/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102046 6000032425-4246 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. Subject loan closed with a CLTV of 80.00% which exceeds the xxxx xxxx Statement guideline maximum of 75.00% for a loan amount of $xxx. File contains a Lender exception request that does not specify the exception parameters and file is missing the xxxx Capital approved exception to allow the excessive CLTV. PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties

773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum

24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum		   Reviewer Comment (2019-05-31): Client waived with compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum
773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum
PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties
     08/06/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102047 6000032425-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) xxxxCP Loan Submission Form reflects the QM Status as QM Rebuttable Presumption borrower was qualified with Bank Statement income which is not allowed under Appendix Q.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102048 6000032425-3867 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM. xxxxCP Loan Submission Form reflects the QM Status as QM Rebuttable Presumption borrower was qualified with Bank Statement income which is not allowed under Appendix Q.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM


Seller Comment (2019-05-31): Please provide updated loan submission form with QM status of NonQM/ATR Compliant
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032425 xxxx 12102049 6000032425-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Earnings Summary for the borrower's self-employed P&L was signed but not dated by the borrower, and form does not have a document date.     Reviewer Comment (2019-05-31): xxxx does not require dated P&L.


Buyer Comment (2019-05-31): (xxxx)Please review. Guidelines do not require P&L/AES to be dated only signed by the borrower. Non-issue.
 08/06/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102050 6000032425-22286 05/31/2019 Credit Guideline Guideline Issue The P&L Gross Income is greater than 10% of the Total Deposits on the bank statements and exceeds guideline tolerance.   Bank statement income over 24 months is 11.45% which exceeds the guideline bank statement variance of 10.00%. PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties

773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum

24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum		   Reviewer Comment (2019-05-31): Client waived with compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
24.22% DTI on this Bank Statement documentation loan < 43.00% guideline max -18.78% below program guideline maximum
773 representative FICO score > 640 guideline minimum - 133 points above guideline minimum
PITIA reserves above minimum by 6 months or greater; 39.67 months vs 24 months required for the subject and 4 additional financed properties
     08/06/2018 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102051 6000032425-1153 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date. File is missing the Rate Lock Disclosure.     Reviewer Comment (2019-05-31): Rate Lock Disclosure provided.


Seller Comment (2019-05-31): please provide copy of borrower rate lock confirmation
 07/31/2018     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032425 xxxx 12102053 6000032425-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $375.00 exceeds tolerance of $158.00 plus 10% or $173.80. Sufficient or excess cure was provided to the borrower at Closing. (0) Ten Percent Fee Tolerance of $375.00 exceeds tolerance of $158.00 plus 10% or $173.80. Sufficient cure of $201.20 was provided to the borrower on the Final Closing Disclosure.         07/27/2018   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C B C B C B A A Higher Priced QM Non QM Yes
xxxx 6000032425 xxxx 12102054 6000032425-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
   07/31/2018   2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Higher Priced QM Non QM No
xxxx 6000032427 xxxx 12102055 6000032427-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 1.37 is less than Guideline PITIA months reserves of 2.00. Reserves of 1.37 which includes cash proceeds from transaction is short the required 2 months. Lender notes on transmittal summary the need for exception from xxxx Capital for no reserves, however an eligibility waiver from xxxx Capital was not provided. Time on Job of 5 years or greater: 27.97 years self employed

0 X 30 24 month housing history. 0 x 30 since 3/2006

Ownership of subject property of 5 years or greater. 14 years ownership.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater. 14 years ownership.
0 X 30 24 month housing history. 0 x 30 since 3/2006
Time on Job of 5 years or greater: 27.97 years self employed
     08/01/2018 2 B xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
xxxx 6000032427 xxxx 12102057 6000032427-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter of explanation addressing the 14 NSF fees reflected on the bank statements. Time on Job of 5 years or greater: 27.97 years self employed

0 X 30 24 month housing history. 0 x 30 since 3/2006

Ownership of subject property of 5 years or greater. 14 years ownership.		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors


Buyer Comment (2019-05-31): (xxxx)Borrower is a self employed xxx, the nature of the business being cash payments by customers. Borrower is not always available to make cash deposits in to accounts and makes deposits as soon as possible per LOE to cover checks/bills. xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater. 14 years ownership.
0 X 30 24 month housing history. 0 x 30 since 3/2006
Time on Job of 5 years or greater: 27.97 years self employed


Reviewer Comment (2019-05-31): Borrower provided an explanation for 1 overdraft, however there are a total of 14 reflected on the credit report. Please provide an explanation for the remaining 13.


Buyer Comment (2019-05-31): (xxxx)please see docs
     08/02/2018 2 B xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
xxxx 6000032427 xxxx 12102058 6000032427-2859 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Loan Payoff Statement not provided   The payoff statement for Specialized Loan Servicing was not provided.     Reviewer Comment (2019-05-31): Seller provided payoff statement


Buyer Comment (2019-05-31): (xxxx)please see docs
 08/02/2018     1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
xxxx 6000032423 xxxx 12102060 6000032423-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Borrower's ATR Certification     Reviewer Comment (2019-05-31): Seller provided borrower's ATR Cert.


Seller Comment (2019-05-31): ATR Form
 08/03/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000032423 xxxx 12102061 6000032423-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Undisclosed Debt Disclosure or an updated Credit Report.. Credit report dated 5/2/2018. Note date xx/xx/xxxx.     Reviewer Comment (2019-05-31): Per client review, new DTI still meets xxxx standards and is acceptable.


Reviewer Comment (2019-05-31): Seller provided a Post Close Credit Report dated 8/2/2018 which reflects an increase of $166 in monthly consumer debt which results in a DTI of 46.15%. Loan meets Expanded DTI requirements of 50% except for reserves. Borrower has 8.33 months while minimum requirement is 12. Client to review.


Seller Comment (2019-05-31): Credit refresh
 08/08/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000032423 xxxx 12102062 6000032423-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. According to the final CD, the loan was disbursed on xx/xx/xxxx. The right to cancel was signed xx/xx/xxxx and expired xx/xx/xxxx. Earliest disbursement date is xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC CD was provided showing funding did not occur until 7/27/18.


Seller Comment (2019-05-31): See attached
 08/15/2018     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A C A C A A A Non QM Non QM Yes
xxxx 6000032424 xxxx 12102063 6000032424-4256 05/31/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 607 is less than Guideline representative FICO score of 700. Borrower credit score of 607 below the guideline minimum 700. An eligibility waiver granted by xxxx allowing 607 score with DTI over 43% PITIA reserves above minimum by 6 months or greater. 30 vs 12 months.

Time on Job of 5 years or greater. Borrower has 22 years job stability. Co borrower has 12 years job stability.

0 X 30 24 month housing history. 83 months 0x30		   Reviewer Comment (2019-05-31): xxxx Eligibility waiver granted.
     08/02/2018 2 B xx/xx/xxxx FL Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032424 xxxx 12102066 6000032424-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.64090% or Final Disclosure APR of 8.66200% is in excess of allowable threshold of APOR 4.51% + 1.5%, or 6.01000%. Compliant Higher Priced Mortgage Loan. The loan is a compliant higher priced mortgage.     Reviewer Comment (2019-05-31): Compliant higher priced mortgage.
     08/02/2018 1 A xx/xx/xxxx FL Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032424 xxxx 12102067 6000032424-4357 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) The final Closing Disclosure reflected the loan was not assumable; however, the Note has language which allows for assumption.     Reviewer Comment (2019-05-31): PC CD was provided correcting the issue. The PC CD was accompanied by a letter of explanation to the borrower. This is the appropriate documentation required to cure the exception.


Seller Comment (2019-05-31): PC CD
   08/08/2018   2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000032424 xxxx 12102069 6000032424-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Borrower's ATR Certification was not located in file.     Reviewer Comment (2019-05-31): xxxx used alternate ATR documents.


Buyer Comment (2019-05-31): (xxxx)Borrower signed final 1003 and received copy of toolkit delivery disclosure. Documents contain same information as ATR Certification and are sufficient to meet xxxx's requirement. xxxx elects to waive with compensating factors:
0 X 30 24 month housing history. 83 months 0x30
Time on Job of 5 years or greater. Borrower has 22 years job stability. Co borrower has 12 years job stability.
PITIA reserves above minimum by 6 months or greater. 30 vs 12 months.
 08/06/2018     1 A xx/xx/xxxx FL Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032410 xxxx 12102071 6000032410-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   File is missing the ATR Certification for both borrowers as required by xxxx Expanded Access Guidelines for all loans. 674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum

22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum		   Reviewer Comment (2019-05-31): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower signed final 1003 and received copy of toolkit delivery. Documents are sufficient to meet the signed borrower ATR Cert. xxxx elects to waive with compensating factors:
22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum
674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum
     08/09/2018 2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102072 6000032410-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   File is missing the xxxxCP Loan Submission Form as required by xxxx Expanded Access Guidelines for all loans.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM


Buyer Comment (2019-05-31): (xxxx)please see submission form
 08/09/2018     1 A xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102073 6000032410-1153 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.       Buyer Comment (2019-05-31): non-material: The state of Michigan does note require a rate lock agreement. the LE that was disclosed showing the rate lock is sufficient. Worst case APoR used for testing.


Reviewer Comment (2019-05-31): xxxx requires the rate lock disclosure.Issue remains open.


Seller Comment (2019-05-31): The state of Michigan does note require a rate lock agreement. the LE that was disclosed showing the rate lock is sufficient.
     08/09/2018 2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102074 6000032410-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Loan file does not contain evidence of borrower’s consent to receive electronic disclosures. Proof the borrower consented to receiving electronic disclosures was not found in the loan file.     Reviewer Comment (2019-05-31): Seller provided E consent dated xx/xx/xxxx


Seller Comment (2019-05-31): see attached
 08/08/2018     1 A xx/xx/xxxx MI Primary Purchase No Defined Cure C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102076 6000032410-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $101.05 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) Credit Report Fee was disclosed as $75.00 on the Initial LE dated xx/xx/xxxx, but disclosed as $101.05 on the Final Closing Disclosure. Sufficient cure of $26.05 was provided to the borrowers on the Final Closing Disclosure.         08/01/2018   1 A xx/xx/xxxx MI Primary Purchase Final CD evidences Cure C B C B C B A A UTD Non QM Yes
xxxx 6000032410 xxxx 12102077 6000032410-2842 05/31/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided   File only contains an insurance quote for the subject property and is missing the Hazard Insurance Policy. Upon receipt of the missing Policy, additional conditions may apply.     Reviewer Comment (2019-05-31): Hazard Policy provided.


Seller Comment (2019-05-31): Please see attached
 08/07/2018     1 A xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102078 6000032410-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Return Transcripts Missing 2016 and 2017 business transcripts as required per Guidelines dated 02/19/2018. 674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum

22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum		   Reviewer Comment (2019-05-31): Please provide evidence funds were transferred to U.S. domiciled account in the borrowers name at least ten days prior to closing.


Buyer Comment (2019-05-31): (xxxx)Net business income is validated on the borrower's 1040s. xxxx elects to waive with compensating factors:
22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum
674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum
     08/09/2018 2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102079 6000032410-23083 05/31/2019 Compliance Compliance Federal Compliance QM Employment History - Current Employment Documentation lacks Date Info Qualified Mortgage (Dodd-Frank 2014): Missing Employment Dates to verify two years current employment. (xxxx/1541027) Missing verification of employment for co-borrower. Application indicates she is currently working for spouse's business. Business tax returns reflect both her and spouse as 100% owners on form 1125-E and reflecting $81,200 compensation for 2017 and $56,308 for 2016.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 08/09/2018     1 A xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102080 6000032410-3214 05/31/2019 Credit Income / Employment Income Documentation Employment Error: Employment start date not provided.   Missing verification of employment for co-borrower. Application indicates she is currently working for spouse's business. Business tax returns reflect both her and spouse as 100% owners on form 1125-E and reflecting $81,200 compensation for 2017 and $56,308 for 2016. 674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum

22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum		   Reviewer Comment (2019-05-31): Client elected to waive with compensating factors as co-borrower is employed by borrower's fully verified self-employed entity.


Buyer Comment (2019-05-31): (xxxx)Co-borrower is employed by Husband as x. File contains 2 years w2s, tax returns and paystub. xxxx elects to waive with compensating factors:
22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum
674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum
     08/14/2018 2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102081 6000032410-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Higher Priced QM. Missing xxxx Submission Form. If loan is QM, loan will require additional income documents for <25% buisness entity that was not used for qualification.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 08/09/2018     1 A xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM Yes
xxxx 6000032410 xxxx 12102082 6000032410-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing Verification of employment for co-borrower within 10 days of Note date. 674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum

22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum		   Reviewer Comment (2019-05-31): Client elected to waive with compensating factors as co-borrower is employed by borrower's fully verified self-employed entity.


Buyer Comment (2019-05-31): (xxxx)Co-borrower is employed by Husband as xxx. File contains 2 years w2s, tax returns and paystub. xxxx elects to waive with compensating factors:
22.70% DTI on this Full documentation loan < 43.00% guideline max - 20.30% below program guideline maximum
674 representative FICO score > 580 guideline minimum - 94 points above guideline minimum


Reviewer Comment (2019-05-31): The borrower is self-employed 100% owner of the business per docs in file, subsequently the co-borrower is a wage earner employed by family member. A VVOE is required for all wage earners within 10 days of the note.


Seller Comment (2019-05-31): I disagree- the borrower was qualified as self-employed borrower where she is an xxxx of the company as verified by the 1120s. Your underwriter qualified the borrower as being self-employed xxx of the company. Therefore we document the file as a self employed borrower and document the existence of the company. You would not get a standard VOE for this borrower. Also a VOE does not have to validate start or probability of continued employment (employers don't have to answer probability of employment). That is what you underwriter did when she/he was underwriting the loan file. They underwrote the income, tax returns to determine probability of income continuance. A VOE per guidelines only needs to address the following for a self employed borrower- The lender must verify the existence of the borrowers business Via- From a third party such as a CPA, Regulatory Agency, or the applicable licensing bureau, or by phone listing and address for the borrows business using a telephone book, the internet, or directory assistance. That has been provided. A standard VOE for W2 wage earners is not applicable on this loan file.


Reviewer Comment (2019-05-31): Unable to clear this exception.


Seller Comment (2019-05-31): The wife works for the husband. He cannot complete a VVOE. Per her 1040's and CPA are her verification of employment since she works for her husband.


Reviewer Comment (2019-05-31): Documents provided were Telephone Listing, Business License and CPA letter regarding Martin Quiroga P. C. Please provide employment verification of co-borrower.


Seller Comment (2019-05-31): The borrowers employment did not change from when you completed the credit review and issued the clear to close.
     08/14/2018 2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032410 xxxx 12102083 6000032410-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
   08/09/2018   2 B xx/xx/xxxx MI Primary Purchase   C B C B C B A A UTD Non QM No
xxxx 6000032426 xxxx 12102095 6000032426-23928 05/31/2019 Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   The borrower is a permanent resident alien and a legible front and back copy of the borrower's valid Green Card was not provided     Reviewer Comment (2019-05-31): Seller provided documentation
 08/08/2018     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032426 xxxx 12102096 6000032426-24197 05/31/2019 Credit Missing Document General Missing Document: Rent Comparison Schedule not provided   Borrower is not using any rental income for income qualifications, however Form 1007 Schedule of Rents is required for all Non-Owner Occupied loans on Single Family residences.     Reviewer Comment (2019-05-31): Seller provided Form 1007
 08/08/2018     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032426 xxxx 12102097 6000032426-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   PITIA reserves above minimum by 6 months or greater: 21 vs 12

FICO score above minimum by 20 points or greater: 714 vs 660

DTI below max by 5% or greater: 22.05% vs 43%		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     08/03/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032426 xxxx 12102098 6000032426-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. xxxx Eligibility Waiver approved an LTV exception for NOO I/O program. PITIA reserves above minimum by 6 months or greater: 21 vs 12

FICO score above minimum by 20 points or greater: 714 vs 660

DTI below max by 5% or greater: 22.05% vs 43%		   Reviewer Comment (2019-05-31): Seller provided a copy of the Final application. All information is the same as the application in the file. Issue remains open.


Reviewer Comment (2019-05-31): xxxx Eligibility Waiver in file, waiving exception with compensating factors.
     08/03/2018 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032426 xxxx 12102100 6000032426-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Final application indicates borrower plans to occupy subject property as primary residence. Signed Occupancy statement reflect subject is to be an Investment property. No evidence of explanation regarding why there is a variance between the Final Application and the Occupancy statement.     Reviewer Comment (2019-05-31): All parties agreed subject should qualify as investment due to nature of borrower's business.


Buyer Comment (2019-05-31): (xxxx)xxxx approved exception as Investor.
 08/15/2018     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032470 xxxx 12102116 6000032470-3862 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		   Time on Job of 5 years or greater. Borrower self employed business owner for 5.8 years.

FICO score above minimum by 20 points or greater. 680 vs 640

0 X 30 24 month housing history. 0 x 30 29 months		   Reviewer Comment (2019-05-31): Appraisal inspection was after start date of all FEMA disaster declarations; no damage was discovered on the property at the time of appraisal. Several do not yet have defined end dates from FEMA. Waived the exception with verified compensating factors.
     08/07/2018 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102117 6000032470-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) The CD issued 7/27/2018 reflects Homeowner's Insurance Premium of $418.23 for 12 months in Section F. The Same CD Section G reflects monthly Insurance of $139.43 per month.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation and Corrected Closing Disclosure.


Seller Comment (2019-05-31): Please see PCCD items provided.
   08/09/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A UTD Non QM Yes
xxxx 6000032470 xxxx 12102118 6000032470-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The CD issued 7/27/2018 did not provide a cure for the $100 Appraisal Re-inspection fee over tolerance.     Reviewer Comment (2019-05-31): AMC received a valid COC for addition of the Appraisal Inspection Fee on 7/25/18.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A UTD Non QM Yes
xxxx 6000032470 xxxx 12102119 6000032470-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $100.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) The Appraisal Re-Inspection fee was listed in Section B of the Final CD issued 7/27/2018. The fee was not disclosed on the Loan Estimate, and the provider was not listed on the SSPL.     Reviewer Comment (2019-05-31): AMC received a valid COC for addition of the Appraisal Inspection Fee on 7/25/18.


Seller Comment (2019-05-31): Please see CD generated on 7/25 with Tracking and Change of Circumstance.
 08/09/2018     1 A xx/xx/xxxx CA 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 UTD Non QM Yes
xxxx 6000032470 xxxx 12102120 6000032470-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lenders Attestation loan is ineligible for GSE delivery was not provided.     Reviewer Comment (2019-05-31): Seller provided UW attestation indicating loan is not Agency eligible due to bank statement doc type.


Seller Comment (2019-05-31): Please see UW Cert.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102121 6000032470-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   The Borrower's ATR Certification was not located in file.     Reviewer Comment (2019-05-31): Seller provided signed ATR Cert.


Seller Comment (2019-05-31): Please see borrower's ATR cert.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102122 6000032470-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 4.29 is less than Guideline PITIA months reserves of 6.00. Available assets and cash out proceeds total $12,225.91 which is less than the 6 months guidelines require of $17,084.88     Reviewer Comment (2019-05-31): Final Settlement statement plus PC CD reflects additional $5,070.18 cash to borrower which brings the total of reserves to $17,296.09. Total required is $17,084.88.


Seller Comment (2019-05-31): Please see Underwriter's explanation with supporting Final Settlement Statement.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102123 6000032470-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 44.35559% exceeds Guideline total debt ratio of 43.00000%. Payoffs reflected on the Final CD Issued 7/27/2018 were taken from credit report dated 4/09/2018. Credit report was re-pulled 7/25/2018 which reflected numerous changes to payoffs including increases to three accounts which reflected $0 balances on xx/xx/xxxx. XXXX monthly payment increased from $0 to $30, DSRM NT Bank increased from $0 to $25, and Merrick Bank increased from $0 to $35 monthly. Inclusion of the debt increases DTI to 44.35559%     Reviewer Comment (2019-05-31): Loan qualifies under Expanded DTI program which allows up to 50% DTI.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102124 6000032470-3133 05/31/2019 Compliance Compliance Federal Compliance Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. (xxxx/Bank Statements) Originator loan designation unknown. xxxx Submission sheet provided however QM was blank. Bank statement income is Non-QM.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM


Seller Comment (2019-05-31): Please see corrected submission form.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102125 6000032470-5695 05/31/2019 Compliance Compliance Federal Compliance 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. Loan is short required verified reserves of 6 months.     Reviewer Comment (2019-05-31): Seller provided Final Settlement statement along with PC CD which shows additional cash back to borrower which covers the required reserve amount.
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102126 6000032470-3680 05/31/2019 Compliance Compliance Federal Compliance Unknown Loan Designation Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is ATR Risk. xxxx Submission sheet was provided however the QM section was blank.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM Yes
xxxx 6000032470 xxxx 12102127 6000032470-1257 05/31/2019 Compliance Compliance Federal Compliance QM DTI Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency. DTI exceeds 43%. Credit report was re-pulled however liabilities were not updated resulting in additional debt not paid off or included in debt ratio.     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032470 xxxx 12102128 6000032470-3677 05/31/2019 Compliance Compliance Federal Compliance 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 Risk. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2019-05-31): mistake
 08/09/2018     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A UTD Non QM Yes
xxxx 6000032470 xxxx 12102129 6000032470-22655 05/31/2019 Compliance Compliance Federal Compliance Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match. However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Updated Submission Form provided with QM status of Non QM     Reviewer Comment (2019-05-31): Updated Submission Form provided with QM status of Non QM
   08/09/2018   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A UTD Non QM No
xxxx 6000032479 xxxx 12102136 6000032479-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Business Narrative.     Reviewer Comment (2019-05-31): Seller provided Business Narrative


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 08/08/2018     1 A xx/xx/xxxx IL Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000032479 xxxx 12102137 6000032479-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Unable to test disclosure of Home Loan Toolkit due to missing information. Disclosure not dated     Reviewer Comment (2019-05-31): Seller provided tracking disclosure verifying disclosure provided 6/11/2018


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 08/14/2018     1 A xx/xx/xxxx IL Primary Purchase No Defined Cure C A C A B A A A Non QM Non QM No
xxxx 6000032479 xxxx 12102138 6000032479-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. No evidence found in file of date disclosure was provided     Reviewer Comment (2019-05-31): Seller provided tracking disclosure verifying disclosure provided 6/11/2018


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 08/14/2018     1 A xx/xx/xxxx IL Primary Purchase No Defined Cure C A C A B A A A Non QM Non QM No
xxxx 6000032428 xxxx 12102133 6000032428-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing borrower's ATR Cert.     Reviewer Comment (2019-05-31): Borrower's ATR Cert provided.


Reviewer Comment (2019-05-31): No documents provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 08/14/2018     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102140 6000032480-2800 05/31/2019 Credit Credit Credit Documentation Missing Document: Credit Report not provided   Credit report missing from loan package     Reviewer Comment (2019-05-31): Credit report dated 7/10/2018 provided
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102141 6000032480-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Housing history not verified 0x30 due to missing credit report.     Reviewer Comment (2019-05-31): Credit report dated 7/10/2018 provided reflecting 0 x 30 x 36
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102142 6000032480-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender attestation verifying loan is ineligible for GSE delivery was not provided.     Reviewer Comment (2019-05-31): UW attestation provided indicating loan does not qualify for GSE.
 08/13/2018     1 A xx/xx/xxxx CA Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102144 6000032480-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.17130% or Final Disclosure APR of 6.16500% is in excess of allowable threshold of APOR 4.56% + 1.5%, or 6.06000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan
     08/09/2018 1 A xx/xx/xxxx CA Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102145 6000032480-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.17130% or Final Disclosure APR of 6.16500% is in excess of allowable threshold of APOR 4.56% + 1.5%, or 6.06000%. Compliant Higher Priced Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     08/09/2018 1 A xx/xx/xxxx CA Primary Purchase   D A D A C A A A Non QM Non QM No
xxxx 6000032480 xxxx 12102146 6000032480-4376 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 07/30/2018 disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/07/30/2018) Final closing disclosure finance charge = $595,430.50 is less than calculated finance charge of $595,996.50 by $434. The HOA documents fee of $434 was added after the initial LE was issued. Post Closing CD issued 8/2/2018 excluded fee of $434 however letter of explanation and final ALTA statement or evidence of refund was not provided.     Reviewer Comment (2019-05-31): ALTA final settlement statement provided indicates fee was for document prep. not subject to finance charges.


Buyer Comment (2019-05-31): (xxxx)resending docs previously submitted
 08/16/2018     1 A xx/xx/xxxx CA 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 D A D A C A A A Non QM Non QM Yes
xxxx 6000030804 xxxx 12102218 6000030804-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   File is missing the AUS or lender attestation explaining why AUS was not obtained, as required by EA Plus Overlay (11/01/18).     Reviewer Comment (2019-05-31): Seller has provided attestation loan ineligible for GSE.


Buyer Comment (2019-05-31): (xxxx)please see docs
 02/12/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030804 xxxx 12102220 6000030804-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1120S (2016), K-1 (2016), P&L Statement, Third Party Verification 1008 notes reflect the borrower was qualified using W-2 and K-1 income only for the borrower's 1120S business and 2 year average for borrower's Schedule C income. Client's clear to close summary reflects loan was approved as Full Doc. File is missing 2016 1120S & K1 for borrower's Corporate business and YTD P&L and third party verification for borrower's schedule C business. PITIA reserves above minimum by 6 months or greater. 54.22 months vs 12 months required.

FICO score above minimum by 20 points or greater. 791 vs 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)There is a letter for Schedule C. that is in EUROS. Borrower personnel return states income from xxxx on schedule E. Have W22016 and 2017 from xxxx and 2017 K1 from xxxx. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 791 vs 700
PITIA reserves above minimum by 6 months or greater. 54.22 months vs 12 months required
     02/12/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030804 xxxx 12102221 6000030804-25202 05/31/2019 Credit Guideline Guideline Issue Guideline Requirement: ARM Term discrepancy. Fixed ARM period is not permitted by guidelines. Guideline Requirement: ARM Term discrepancy. Fixed ARM period is not permitted by guidelines. Interest only ARM loan on a non-owner occupied property. Not allowed under EA Plus guidelines. Per xxxx. PITIA reserves above minimum by 6 months or greater. 54.22 months vs 12 months required.

FICO score above minimum by 20 points or greater. 791 vs 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.
     02/07/2019 2 B xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000030804 xxxx 12102222 6000030804-6459 05/31/2019 Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx Fraud Report reflects a red flag for number of years in business. Application reflects 32 years and Fraud Report indicates date reported for first use of SS was in 1996 with an application date of 2018, it calculates to be 22 years. No evidence in file found to verify the 32 years of employment.     Reviewer Comment (2019-05-31): xxxx report was provided showing borrower was a credited actor as early as xxxx.


Reviewer Comment (2019-05-31): to clear


Reviewer Comment (2019-05-31): Seller elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)please see xxxx profile. Borrower has acting credits dating as far back as xxxx.


Buyer Comment (2019-05-31): (xxxx)There is a letter for Schedule C. that is in EUROS. Borrower personnel return states income from xxxx on schedule E. Have W22016 and 2017 from xxxx and 2017 K1 from xxxx. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 791 vs 700
PITIA reserves above minimum by 6 months or greater. 54.22 months vs 12 months required.
 02/13/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
xxxx 6000031824 xxxx 12102225 6000031824-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.22530% or Final Disclosure APR of 6.25400% is in excess of allowable threshold of APOR 4.71% + 1.5%, or 6.21000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/21/2019 1 A xx/xx/xxxx FL Primary Purchase   B A A A B A A A Non QM Non QM No
xxxx 6000031824 xxxx 12102226 6000031824-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Please provide seller's CD to cure this exception.     Reviewer Comment (2019-05-31): Seller's CD provided.


Seller Comment (2019-05-31): Uploaded Seller CD
 02/21/2019     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000031802 xxxx 12102246 6000031802-1330 05/31/2019 Compliance Compliance Federal Compliance 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. The List of Homeownership Counseling Organizations was not located in the loan file.     Reviewer Comment (2019-05-31): Received evidence borrower was provided List of Homeownership Counseling Organizations within 3 days of application.
 02/25/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000031802 xxxx 12102247 6000031802-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.     Buyer Comment (2019-05-31): Non-material


Reviewer Comment (2019-05-31): Acknowledgement of receipt of Home loan toolkit was provided however, it was not signed by the borrower.
     02/25/2019 2 B xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000031802 xxxx 12102248 6000031802-6340 05/31/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. The SSPL was not provided in the loan file.     Reviewer Comment (2019-05-31): Received list of service providers provided to borrower.
 02/25/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000031802 xxxx 12102249 6000031802-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing page 5 of Final CD issued xx/xx/xxxx, signed xx/xx/xxxx. File has 2 CDs issued on xx/xx/xxxx and signed on xx/xx/xxxx, one reflects an escrow account and the other one does not. It appears the CD without escrows is the Final CD as the subsequent CD issued on xx/xx/xxxx does not reflect one.Since the closing costs were the same on both CDs, the data input for page 5 was taken from the interim CD. Please provide page 5 of the Final CD to verify data input is correct.     Reviewer Comment (2019-05-31): Received missing page 5 of interim CD dated xx/xx/xxxx.
 02/25/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000030828 xxxx 12102224 6000030828-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/02/03/2019) Please provide verification borrower received copy of appraisal three business days prior to closing.     Buyer Comment (2019-05-31): Non-material.


Reviewer Comment (2019-05-31): Received screenshot of internal system, reflecting appraisal loaded 1/24/19 however this is before report date of 2/3/19 and unclear from documentation provided if borrower received.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/22
     02/25/2019 2 B xx/xx/xxxx DC Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
xxxx 6000030798 xxxx 12102241 6000030798-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-05-31): Fraud Report has been provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 02/14/2019     1 A xx/xx/xxxx OR Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000030798 xxxx 12102244 6000030798-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Buyer Comment (2019-05-31): Non-material
     02/12/2019 2 B xx/xx/xxxx OR Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000030798 xxxx 12102245 6000030798-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,180.00 exceeds tolerance of $1,792.00 plus 10% or $1,971.20. Sufficient or excess cure was provided to the borrower at Closing. (0) The Ten Percent Fee Tolerance was exceeded. Total amount of $2,180.00 exceeds tolerance of $1,792.00 plus 10% or $1,971.20. Sufficient or excess cure in the amount of $210.80 was provided to the borrower at Closing.         02/06/2019   1 A xx/xx/xxxx OR Primary Refinance - Rate/Term Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000030812 xxxx 12102237 6000030812-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing UW cash flow analysis or accountant letter indicating withdrawal of funds will not negatively impact the business     Reviewer Comment (2019-05-31): Received a CPA letter indicating withdrawal of funds will not negatively impact the business.


Buyer Comment (2019-05-31): (xxxx)Please see page 2.
 02/13/2019     1 A xx/xx/xxxx FL Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000030841 xxxx 12102294 6000030841-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a Closing Date of xx/xx/xxxx. Deed of Trust was notarized on xx/xx/xxxx. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2019-05-31): (xxxx)Opes Advisors - xxxx - 17h agoPortal
letter for pccd is attached


Seller Comment (2019-05-31): letter for pccd is attached
   02/14/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000030841 xxxx 12102295 6000030841-5320 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Negative Fees TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on xx/xx/xxxx disclosed a negative fee amount. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a negative amount of -$136.00 for buyer paid Title - Owner's Title Insurance (Optional) in Section H. Data is still not accurate on subsequent disclosure. Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Negative fee is for owner's policy premium credit on Seller's CD and seller paid on the final CD. Title company fee breakdown indicated discount fee matches final CD.


Buyer Comment (2019-05-31): (xxxx) XXXXX
The negative amount for the Owners title insurance is correct, it is the TRID owners/lenders calculations. I have attached the calculations from Escrow.


Seller Comment (2019-05-31): The negative amount for the Owners title insurance is correct, it is the TRID owners/lenders calculations. I have attached the calculations from Escrow.
 02/14/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000030841 xxxx 12102297 6000030841-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.40240% or Final Disclosure APR of 6.40800% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/11/2019 1 A xx/xx/xxxx CA Primary Purchase   B A A A B A A A Non QM Non QM No
xxxx 6000030841 xxxx 12102300 6000030841-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.40240% or Final Disclosure APR of 6.40800% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/11/2019 1 A xx/xx/xxxx CA Primary Purchase   B A A A B A A A Non QM Non QM No
xxxx 6000030841 xxxx 12102304 6000030841-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Rate lock confirmation has been provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/13


Seller Comment (2019-05-31): please provide copy of borrowers rate lock confirmation
 02/14/2019     1 A xx/xx/xxxx CA Primary Purchase   B A A A B A A A Non QM Non QM No
xxxx 6000030691 xxxx 12102273 6000030691-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a Closing Date of xx/xx/xxxx. Deed of Trust was notarized on xx/xx/xxxx. Letter of Explanation and Corrected Closing Disclosure are required to cure.     Buyer Comment (2019-05-31): non-material: PCCD dated 2/4, with correct closing date and proof of delivery was provided. Missing LOE for clerical update only.


Reviewer Comment (2019-05-31): AMC received PCCD correcting close date. Please provide LOE to cur.e


Seller Comment (2019-05-31): PCCD dated 2/4, with correct closing date
     02/22/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030691 xxxx 12102275 6000030691-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) File has multiple illegible Closing Disclosures and a legible Final Closing Disclosure dated xx/xx/xxxx. Please provide legible copies of Closing Disclosures.     Reviewer Comment (2019-05-31): AMC received xx/xx/xxxx CD. Exception Cleared.


Seller Comment (2019-05-31): Initial CD
 02/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030691 xxxx 12102277 6000030691-3880 05/31/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $10,025.89 may be required. File contains 3 Loan Estimates that are illegible. Please provide legible loan Estimates.     Reviewer Comment (2019-05-31): AMC received xx/xx/xxxx LE. Exception Cleared.


Seller Comment (2019-05-31): Initial LE
 02/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030691 xxxx 12102279 6000030691-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. ROR executed by the borrower on xx/xx/xxxx with expiration date of 0xx/xx/xxxx. Final Closing Disclosure disclosed a disbursement date of xx/xx/xxxx, while eligible disbursement date is xx/xx/xxxx. Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form are required to cure.     Reviewer Comment (2019-05-31): AMC received xx/xx/xxxx LE. Exception Cleared.


Seller Comment (2019-05-31): PCCD 2/4 reflecting correct disbursement date
 02/21/2019     1 A xx/xx/xxxx CA 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 A A C B A A Non QM Non QM Yes
xxxx 6000030691 xxxx 12102281 6000030691-20000 05/31/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Servicing Disclosure Statement was not provided in imaged file and file is missing the Initial Loan Estimate.     Reviewer Comment (2019-05-31): AMC received SSPL. Exception Cleared.


Seller Comment (2019-05-31): Written List of Providers included in our upfront disclosures package. Also including e-cert for proof of borrower receipt
 02/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Good faith redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030838 xxxx 12102230 6000030838-20684 05/31/2019 Compliance Compliance State Compliance Colorado Home Loan (Ability to Repay not Verified) Colorado Home Loan (HB1322): Borrower’s ability to repay not verified with reliable documentation. Ability to repay was established, Asset utilization was used. no other document used to verify borrower's employment.     Buyer Comment (2019-05-31): Non- material
     02/19/2019 2 B xx/xx/xxxx CO Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000030838 xxxx 12102232 6000030838-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $590.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) A $40.00 cure was provided by the lender.         02/14/2019   1 A xx/xx/xxxx CO Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
xxxx 6000031745 xxxx 12102236 6000031745-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.54820% or Final Disclosure APR of 7.60200% is in excess of allowable threshold of APOR 4.55% + 1.5%, or 6.05000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/08/2019 1 A xx/xx/xxxx KS Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000031745 xxxx 12102239 6000031745-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $675.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           02/08/2019   1 A xx/xx/xxxx KS Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
xxxx 6000031745 xxxx 12102240 6000031745-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): Non-material: worst case utilized.
     02/11/2019 2 B xx/xx/xxxx KS Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000030814 xxxx 12102254 6000030814-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): Non-material: worst case utilized.
     02/15/2019 2 B xx/xx/xxxx IL Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000031751 xxxx 12102252 6000031751-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.50780% or Final Disclosure APR of 6.54600% is in excess of allowable threshold of APOR 4.77% + 1.5%, or 6.27000%. Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/14/2019 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000031751 xxxx 12102255 6000031751-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.50780% or Final Disclosure APR of 6.54600% is in excess of allowable threshold of APOR 4.77% + 1.5%, or 6.27000%. Compliant Higher Priced Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/14/2019 1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000031751 xxxx 12102257 6000031751-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Loan approved on 24 Month Business Bank Statements. 4 of the bank statements provided were personal which reflect only business deposits. Borrower opened a Business account in April of 2017. Deposit history supports this was merely a restructuring to a dedicated business account. No evidence of Client's Eligibility Waiver found in file approving the use of the 4 months personal to complete 24 month program. Residual income $1,000 above the minimum required: $19,904.49 vs $1,550.00

DTI below max by 5% or greater - Max 43% , actual 20%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
DTI below max by 5% or greater - Max 43% , actual 20%
Residual income $1000 above the minimum required: 19,904.49 vs $1,550
     02/15/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000031744 xxxx 12102268 6000031744-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data is still not accurate on subsequent disclosure. Please provide corrected CD and LOE to borrower to cure this exception     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/15
   02/19/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102269 6000031744-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) CD data field is blank. Data is still not accurate on subsequent disclosure. Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation & Corrected Closing Disclosure.
   02/20/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102270 6000031744-5143 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Additional Property Taxes Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Additional Property Taxes under Prepaids. (Final/xx/xx/xxxx) CD data field is blank. Data is still not accurate on subsequent disclosure. Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation & Corrected Closing Disclosure.
   02/20/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102271 6000031744-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The final closing disclosure documented $0 as the dollar amount the total closing costs exceeded the legal limits. Missing E-Consent for 12/12/18 LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): As of 2/19 document has not been received.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/14
 02/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102272 6000031744-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $421.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Missing E-Consent for 12/12/18 LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/20/2019     1 A xx/xx/xxxx CA 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 A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102274 6000031744-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $630.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Missing E-Consent for 12/12/18 LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/20/2019     1 A xx/xx/xxxx CA 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 A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102276 6000031744-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $66.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Missing E-Consent for 12/12/18 LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/20/2019     1 A xx/xx/xxxx CA 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 A C B A A Non QM Non QM Yes
xxxx 6000031744 xxxx 12102278 6000031744-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud report is missing from loan package     Reviewer Comment (2019-05-31): Fraud Report has been provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000031744 xxxx 12102280 6000031744-6295 05/31/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act – Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. Disclosure will not be used to rebaseline for tolerance purposes and may result in disclosure timing violations. Initial LE sent electronically prior to esign consent may result in a fee tolerance violation of up to $15,204.60. (Initial/xx/xx/xxxx) LE was signed electronically on xx/xx/xxxx. E-Consent signed xx/xx/xxxx by borrower. File has copy of E-Consent signed by broker on xx/xx/xxxx. Please provide E-Consent signed by borrower on or before xx/xx/xxxx to cure this exception.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000031744 xxxx 12102282 6000031744-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Originator Compensation. Fee Amount of $8,200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7326) Missing E-Consent for 12/12/18 LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/20/2019     1 A xx/xx/xxxx CA 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 A C B A A Non QM Non QM Yes
xxxx 6000030717 xxxx 12102259 6000030717-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure, Section F. Prepaids did not disclose number of months for Property Taxes. Letter of Explanation and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation & Corrected Closing Disclosure.


Reviewer Comment (2019-05-31): AMC received PCCD correcting property tax months. Please provide LOE to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   02/13/2019   2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030717 xxxx 12102260 6000030717-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Warehousing Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77201) Warehousing Fee (Title - Digital Storage Fee) was not disclosed on the Initial Loan Estimate dated xx/xx/xxxx, but disclosed as $25.00 on the Final Closing Disclosure and fee was not paid to the same title provider. A COC with a valid reason for the addition of this fee, lender attestation that the title company chose the vendor not listed on the SSPL, or Letter of Explanation, Proof of Delivery, Copy of Refund Check for $25.00, and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): Upon further review, the exception is cleared.


Buyer Comment (2019-05-31): (xxxx)Please see attached - seller chose title co.
 02/13/2019     1 A xx/xx/xxxx FL 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
xxxx 6000030717 xxxx 12102261 6000030717-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Examination Fee. Fee Amount of $215.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7727) Title - Examination Fee (Title - Lien Search) was not disclosed on the Initial Loan Estimate dated xx/xx/xxxx, but disclosed as $215.00 on the Final Closing Disclosure and fee was not paid to the same title provider. A COC with a valid reason for the addition of this fee, lender attestation that the title company chose the vendor not listed on the SSPL, or Letter of Explanation, Proof of Delivery, Copy of Refund Check for $215.00, and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): Upon further review, the exception is cleared.


Buyer Comment (2019-05-31): (xxxx)Please see attached - seller chose title co.
 02/13/2019     1 A xx/xx/xxxx FL 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
xxxx 6000030717 xxxx 12102262 6000030717-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for various 0% tolerance violations totaling $240.00 was not provided. A COC with a valid reason for the addition of the title fees, lender attestation that the title company chose the vendor not listed on the SSPL, or Letter of Explanation, Proof of Delivery, Copy of Refund Check for $240.00, and Corrected CD are required to cure.     Buyer Comment (2019-05-31): Non-material
     02/14/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030717 xxxx 12102264 6000030717-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Digital Storage fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77219) No cure provided.     Reviewer Comment (2019-05-31): Upon further review, the exception is cleared.
 02/13/2019     1 A xx/xx/xxxx FL 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
xxxx 6000030717 xxxx 12102265 6000030717-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $200.00 exceeds tolerance of $175.00. Insufficient or no cure was provided to the borrower. (77163) No cure provided.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/13/2019     1 A xx/xx/xxxx FL 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
xxxx 6000030717 xxxx 12102266 6000030717-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $50.00 exceeds tolerance of $25.00. Insufficient or no cure was provided to the borrower. (77190) No cure provided.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 02/13/2019     1 A xx/xx/xxxx FL 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
xxxx 6000030782 xxxx 12102302 6000030782-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $275.04 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final CD provided on 1/15/19 , the amount of non escrowed property cost over 1 of $275.04 is not accurate. HOA fee is $295 annually per appraisal.     Reviewer Comment (2019-05-31): AMC received updated appraisal indicating HOA Dues of $275/year. Exception Cleared.


Buyer Comment (2019-05-31): (xxxx)HOA annual fees updated on appraisal - $275.010
 02/14/2019     1 A xx/xx/xxxx GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030782 xxxx 12102306 6000030782-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final CD provided on 1/15/19 disclosed an inaccurate value by which the total closing cost exceed the legal limit     Reviewer Comment (2019-05-31): AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Delivery. Exception Cured.
   02/14/2019   2 B xx/xx/xxxx GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030782 xxxx 12102311 6000030782-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $105.25 exceeds tolerance of $100.00. Insufficient or no cure was provided to the borrower. (7520) Credit report fee increased from $100 on all LEs to $105.25 on initial CD issued xx/xx/xxxx. There was no COC provided for this increase and no refund evident on closing CD.     Reviewer Comment (2019-05-31): AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Delivery. Exception Cured.


Buyer Comment (2019-05-31): (xxxx)Please see attached


Reviewer Comment (2019-05-31): AMC recieved xx/xx/xxxx CD and COC however the COC does not identify a valid reason for the Credit Report Fee to increase that was not reasonably known at application. Please provide additional details or corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
   02/14/2019   2 B xx/xx/xxxx GA 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
xxxx 6000030805 xxxx 12102325 6000030805-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.73210% or Final Disclosure APR of 6.77400% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/15/2019 1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000030805 xxxx 12102328 6000030805-3136 05/31/2019 Compliance Compliance Federal Compliance 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. Application date was 8/29/18; this disclosure was provided to borrower on xx/xx/xxxx.     Buyer Comment (2019-05-31): Non-material


Reviewer Comment (2019-05-31): As of 2/25/2019 evidence borrower received List of Homeownership Counseling Organizations within 3 days of application 8/29/2018 was not provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/22
     02/26/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000030805 xxxx 12102330 6000030805-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) This field was left blank on the final CD. Please provide correct CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2019-05-31): (xxxx)doc uploaded 2/20
   02/21/2019   2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000030805 xxxx 12102334 6000030805-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 5.97 is less than Guideline PITIA months reserves of 6.00. Please provide additional assets to satisfy the minimum reserves requirement. Minimum reserve requirement for EA Plus with a loan amount of $xxx is 6 months. The borrower has 5.97 months     Reviewer Comment (2019-05-31): Received Appraisal Invoice reflecting fee paid by credit card. Added available liquid funds of $475.00.


Reviewer Comment (2019-05-31): Please advise if client is requesting to waive exception.


Seller Comment (2019-05-31): An invoice/receipt for the Appraisal fee and Credit report were not provided to verify if charges were paid with alternative funds or cleared account prior to close therefore the $475 and $45 fee have been deducted from available cash for reserves, funds available are $7,510.34 which is 5.97 months, less than the 6 mos required.

Calculation based on $9,937.08 - $1,906.74 funds to close - $475 appraisal fee paid before close - $45 credit report fee paid before close = $7,510.34 which is less than the required $7549.08.


Reviewer Comment (2019-05-31): Unable to clear refer to client.


Reviewer Comment (2019-05-31): An invoice/receipt for the Appraisal fee and Credit report were not provided to verify if charges were paid with alternative funds or cleared account prior to close therefore the $475 and $45 fee have been deducted from available cash for reserves, funds available are $7,510.34 which is 5.97 months, less than the 6 mos required. Exception remains.


Buyer Comment (2019-05-31): (xxxx)
American Financial Network - xxx- 16h agoPortal
6 month reserve met. Please review and advise. thank you.

1/14/19 $ 9937.08 available funds - $ 1906.74 funds to close = $8030.34 available funds after closing/ available reserves.

6 months PITIA $ 7549.08


Reviewer Comment (2019-05-31): Calculation based on $9,937.08 - $1,906.74 funds to close - $475 appraisal fee paid before close - $45 credit report fee paid before close = $7,510.34 which is less than the required $7549.08.


Seller Comment (2019-05-31): 6 month reserve met. Please review and advise. thank you.
1/14/19 $ 9937.08 available funds - $ 1906.74 funds to close = $8030.34 available funds after closing/ available reserves.
6 months PITIA $ 7549.08
 02/22/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000030805 xxxx 12102335 6000030805-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud report is missing from the loan package     Reviewer Comment (2019-05-31): The Fraud Report has been provided.
 02/20/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000030805 xxxx 12102336 6000030805-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $966.50 exceeds tolerance of $931.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) Sufficient cure of $40.81 given to the borrower at closing to cover the increase in transfer tax from $931 to $966.50.         02/15/2019   1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000030805 xxxx 12102337 6000030805-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Verification of Business Percentage Missing validation of 2 years existence from one of the following. Business License, CPA letter, Secretary of State Filing or Equivalent. Required per EA Plus Personal Bank Statement Program. CPA letter in file pertains to use of funds only.     Reviewer Comment (2019-05-31): Received CPA letter verifying percentage of ownership and verification of >2 years existence.
 02/20/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031781 xxxx 12102299 6000031781-2918 05/31/2019 Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided   Waiver of borrower's Rights is missing from the loan docs     Reviewer Comment (2019-05-31): Acknowledgment and Waiver of Borrower's Rights Rider


Seller Comment (2019-05-31): Attached
 02/06/2019     1 A xx/xx/xxxx GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000031781 xxxx 12102307 6000031781-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.80970% or Final Disclosure APR of 6.81000% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     01/30/2019 1 A xx/xx/xxxx GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000031781 xxxx 12102309 6000031781-3357 05/31/2019 Compliance Compliance State Compliance Georgia Home Loan (Fee Charged for Payoff Statement) Georgia Home Loan: Impermissible fee charged for payoff statement.       Reviewer Comment (2019-05-31): Received Letter of Explanation, verified Proof of Delivery (per FedEx, package is scheduled to be delivered on xx/xx/xxxx), Corrected CD, and Copy of Refund Check for $57.00, which is sufficient to rebate to the borrowers the impermissible Georgia payoff fee of $45.00.


Seller Comment (2019-05-31): Borrower was charged as Payoff Handle Fee of $45.00 by closing agent.


Reviewer Comment (2019-05-31): Borrower was charged as Payoff Handle Fee of $45.00 by closing agent.


Seller Comment (2019-05-31): Please provide clarification as to what specific fee is impermissible.
 02/14/2019     1 A xx/xx/xxxx GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000031781 xxxx 12102312 6000031781-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $398.43 due to decrease in Lender Credits and increase in transfer tax.COC issued indicated a loan amount change but does not reflect any reason plus it exceeds the 3 day time limit. Please provide either a VCC issued withing the 3 day time frame or a corrected CD and an LOE to the borrower to cure this issue.     Reviewer Comment (2019-05-31): Received Letter of Explanation, verified Proof of Delivery (per FedEx, package is scheduled to be delivered on xx/xx/xxxx), Corrected CD, and Copy of Refund Check for $57.00, which is sufficient to cover the two 0 tolerance increases totaling of $57.00 required to cure.


Seller Comment (2019-05-31): will be cleared when zero tolerance exception for the transfer tax is cured.


Reviewer Comment (2019-05-31): Cleared it error, will be cleared when zero tolerance exception for the transfer tax is cured.


Reviewer Comment (2019-05-31): AMC received a COC with 2 different dates on it xx/xx/xxxx and 1/17/19 stating a loan amount change and a rate lock extension. It appears there may be another CD issued around xx/xx/xxxx which was not provided. However, the rate lock confirmation shows the last update as 1/17/19 with the lender credit reduced to the same as final CD. No refund is required.


Seller Comment (2019-05-31): Attached is the change of circumstance for the loan amount increase requested and lock extension. This change of circumstance should clear the decrease in lender credit amount. We agree that a cure of $12.00 is due for transfer tax increase. This will be provided with Post Close CD. However, we do not agree that the change of circumstance must be disclosed within 3 days of change as this is only required with the following when the change occurs after disclosure of the initial CD: 1) APR increase over .125%2) Program change or 3) Prepayment Penalty.
   02/14/2019   2 B xx/xx/xxxx GA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031781 xxxx 12102313 6000031781-6331 05/31/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-1,118.57 is less than amount of binding Lender Credit previously disclosed in the amount of $-1,505.00. (9300) LE dated 1/4/2019 reflects $1,505 Lender Credit (Loan was locked) and Final CD reflects $1,118.57. No evidence of valid changed circumstance found in file to justify this decrease in lender credit. COC issued indicated a loan amount change but does not reflect any reason plus it exceeds the 3 day time limit. Please provide either a VCC issued withing the 3 day time frame or a corrected CD and an LOE to the borrower, copy of refund check and proof of delivery to cure this issue.     Reviewer Comment (2019-05-31): AMC received a COC with 2 different dates on it xx/xx/xxxx and 1/17/19 stating a loan amount change and a rate lock extension. It appears there may be another CD issued around xx/xx/xxxx which was not provided. However, the rate lock confirmation shows the last update as 1/17/19 with the lender credit reduced to the same as final CD. No refund is required.


Seller Comment (2019-05-31): Attached is the change of circumstance for the loan amount increase requested and lock extension. This change of circumstance should clear the decrease in lender credit amount. We agree that a cure of $12.00 is due for transfer tax increase. This will be provided with Post Close CD. However, we do not agree that the change of circumstance must be disclosed within 3 days of change as this is only required with the following when the change occurs after disclosure of the initial CD: 1) APR increase over .125%2) Program change or 3) Prepayment Penalty.
 02/06/2019     1 A xx/xx/xxxx GA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000031781 xxxx 12102314 6000031781-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $483.00 exceeds tolerance of $471.00. Insufficient or no cure was provided to the borrower. (8304) Fee disclosed as $471 on 11/28/18 LE and as $483 on Final CD.COC issued indicated a loan amount change but does not reflect any reason plus it exceeds the 3 day time limit. Please provide either a VCC issued withing the 3 day time frame or a corrected CD and an LOE to the borrower, copy of refund check and proof of delivery to cure this issue.     Reviewer Comment (2019-05-31): Received Letter of Explanation, verified Proof of Delivery (per FedEx, package is scheduled to be delivered on xx/xx/xxxx), Corrected CD, and Copy of Refund Check for $57.00, which is sufficient to cover the 0 tolerance increase of $12.00 required to cure.
   02/14/2019   2 B xx/xx/xxxx GA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000031781 xxxx 12102315 6000031781-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $483.00 exceeds tolerance of $471.00. Sufficient or excess cure was provided to the borrower. (8304)       Reviewer Comment (2019-05-31): Received Letter of Explanation, verified Proof of Delivery (per FedEx, package is scheduled to be delivered on xx/xx/xxxx), Corrected CD, and Copy of Refund Check for $57.00, which is sufficient to cover the 0 tolerance increase of $12.00 required to cure.
   02/14/2019   2 B xx/xx/xxxx GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM Yes
xxxx 6000031741 xxxx 12102316 6000031741-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. Client waived with compensating factors per preapproved waiver list. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 752 vs 700

Time on Job of 5 years or greater. 20 vs 5		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensatiing factors per client preappoved waiver report.
     01/29/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102317 6000031741-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 50.19211% exceeds Guideline total debt ratio of 50.00000%. Lender's qualifying income is greater than verified by audit. Lender exception was provided for DTI of 47%, however 1008 and approvals in file are at 44% and appear to exclude some credit debt that was not paid by business or closing. Review ratio of 50.19% includes consumer debt not listed on 1008.     Reviewer Comment (2019-05-31): Seller has provided evidence of remaining to accounts paid by business.


Seller Comment (2019-05-31): Seller provided evidence business pays credit debt for all but two accts xxxx 9388 and xxxx 8755, calculated DTI 48.26877% exceeds lender exception for 47.139%. Please provide evidence these two accounts are paid by the business.


Reviewer Comment (2019-05-31): Seller provided evidence business pays credit debt for all but two accts xxxx 9388 and xxxx 8755, calculated DTI 48.26877% exceeds lender exception for 47.139%. Please provide evidence these two accounts are paid by the business.


Seller Comment (2019-05-31): The business pays all credit debt - as evidenced by banceled checks and the business bank statements - along with the bank statements some credit card statements were obtained to evidence that the ACH payments were one & the same.
 02/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102318 6000031741-23923 05/31/2019 Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Provide revised hazard insurance dec page reflecting lender as payee.     Reviewer Comment (2019-05-31): Received attestation that payee is servicer of lender.


Buyer Comment (2019-05-31): (xxxx)please see attestation


Reviewer Comment (2019-05-31): A desktop review for the incorrect property has been provided. Please provided a secondary valuation for the subject property.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Please provide attestation that payee is servicer of lender.


Seller Comment (2019-05-31): ISAOA is listed under the servicer's name.
 02/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102320 6000031741-25454 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-05-31): Seller has provided secondary valuation.


Buyer Comment (2019-05-31): (xxxx)please see correct report


Reviewer Comment (2019-05-31): Servicelink was provided for xxxx, which is not the subject.


Buyer Comment (2019-05-31): (xxxx)please see third party valuation product


Reviewer Comment (2019-05-31): This is a securitization loan, so a second valuation is needed. A Desk Review is acceptable to clear this exception.


Seller Comment (2019-05-31): Appraisal and Appraisal Review were performed as required for a loan amount below $1.5 Million
 02/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102321 6000031741-25029 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI is greater than 50%     Reviewer Comment (2019-05-31): Seller has provided evidence of remaining to accounts paid by business.


Seller Comment (2019-05-31): condition will clear once DTI is resolved.


Reviewer Comment (2019-05-31): Seller provided evidence business pays credit debt for all but two accts xxxx 9388 and xxxx 8755, calculated DTI 48.26877% exceeds lender exception for 47.139%. Please provide evidence these two accounts are paid by the business.


Seller Comment (2019-05-31): Not applicable 44%
 02/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C A C A Non QM Non QM Yes
xxxx 6000031741 xxxx 12102322 6000031741-5695 05/31/2019 Compliance Compliance Federal Compliance 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. Loan is at risk for high DTI.     Reviewer Comment (2019-05-31): Seller has provided evidence of remaining to accounts paid by business.


Seller Comment (2019-05-31): condition will clear once DTI is resolved.


Reviewer Comment (2019-05-31): Seller provided evidence business pays credit debt for all but two accts xxxx 9388 and xxxx 8755, calculated DTI 48.26877% exceeds lender exception for 47.139%. Please provide evidence these two accounts are paid by the business.


Seller Comment (2019-05-31): Not applicable
 02/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102323 6000031741-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   There was no AUS provided in the loan file.     Reviewer Comment (2019-05-31): Seller has provided attestation loan does not qualify for agency, no AUS required.


Seller Comment (2019-05-31): Bank Statement underwriting - 1008 now reflects ineligible for agency
 02/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000031741 xxxx 12102326 6000031741-25034 05/31/2019 Compliance Compliance Federal Compliance 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 50.19211% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Current DTI is greater than 50%. Lender appears to have excluded consumer debt.     Reviewer Comment (2019-05-31): Seller has provided evidence of remaining to accounts paid by business.


Seller Comment (2019-05-31): The xxxx payment comes out directly on the 22nd of the month. xxx statement was provided which coincides with the xxxx Statement


Reviewer Comment (2019-05-31): Seller provided evidence business pays credit debt for all but two accts xxxx 9388 and xxxx 8755, calculated DTI 48.26877% exceeds lender exception for 47.139%. Please provide evidence these two accounts are paid by the business.


Seller Comment (2019-05-31): Business pays all debt
 02/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A C A Non QM Non QM No
xxxx 6000030831 xxxx 12102284 6000030831-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/xx/xx/xxxx) Please provide verification borrower was provided a copy of the valuation three days prior to closing xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: seller made best efforts to delivered to borrower


Reviewer Comment (2019-05-31): Seller provided evidence desk review was provided to borrower 1/4/19 however, when the borrower received the desk review was not provided and 3 business days was added with a 1/9/19 receipt, which is not at least 3 business days before close xx/xx/xxxx. Exception remains.
     02/11/2019 2 B xx/xx/xxxx MD Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030831 xxxx 12102285 6000030831-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Please provide verification borrower was provided a copy of the valuation three days prior to closing xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: desk review was ordered by xxxx and not provided to borrower


Reviewer Comment (2019-05-31): Seller provided evidence original appraisal received however, evidence of borrowers receipt of updated appraisal dated 12/19/18 or acknowledgement signed at close of borrower receipt of all appraisal was not provided. Exception remains.


Buyer Comment (2019-05-31): (xxxx)please see docs
     02/11/2019 2 B xx/xx/xxxx MD Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030831 xxxx 12102286 6000030831-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud Report not provided     Reviewer Comment (2019-05-31): Fraud Report has been provided.


Reviewer Comment (2019-05-31): Fraud Report was not received.


Buyer Comment (2019-05-31): (xxxx)please see docs
 02/14/2019     1 A xx/xx/xxxx MD Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030831 xxxx 12102288 6000030831-21744 05/31/2019 Credit Credit Miscellaneous Property valuation variance is greater than 10% between the valuation report used for LTV and supporting valuation report.   Loan is at 90% LTV with a value variance of -5.4645% when maximum allowed per EA Core Plus 10/18 guides is 5% for LTV over 85%. Appraised value of $xxx versus Desk Review value of $XXXX. $xxx purchase price used for LTV calculations.     Reviewer Comment (2019-05-31): Seller has provided a desk review with value of $890,000, within the 5% allowed tolerance.


Buyer Comment (2019-05-31): (xxxx)please see final value reconciliation within 5%
 02/12/2019     1 A xx/xx/xxxx MD Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030831 xxxx 12102289 6000030831-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $250 due to Abstract Title fee tested in the zero tolerance category. Please provide attestation that provider selected is either affiliated with or selected by the title agent.     Reviewer Comment (2019-05-31): Borrower shopped for title fees. Confirmed provider not listed on SSPL. Title - Abstract / Title Search further outsourced by borrower chosen provider
 02/20/2019     1 A xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030831 xxxx 12102290 6000030831-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $250.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77163) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing.Please provide attestation that provider selected is either affiliated with or selected by the title agent.     Reviewer Comment (2019-05-31): Borrower shopped for title fees. Confirmed provider not listed on SSPL. Title - Abstract / Title Search further outsourced by borrower chosen provider


Buyer Comment (2019-05-31): (xxxx)please see lender's attestation
 02/20/2019     1 A xx/xx/xxxx MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000031795 xxxx 12102327 6000031795-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The CD did not disclose an amount. The amount that exceeded the legal limit was $157.80. A letter of explanation and corrected closing disclosure to the borrower required to cure     Buyer Comment (2019-05-31): Non-material
     02/19/2019 2 B xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031795 xxxx 12102329 6000031795-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $413.00 exceeds tolerance of $232.00 plus 10% or $255.20. Insufficient or no cure was provided to the borrower. (0) Fee Tolerance exceeded. Total amount of $413.00 exceeds tolerance of $232.00 plus 10% or $255.20. Insufficient or no cure was provided to the borrower.
Title - Notary Fee - $200 - was disclosed in section C of the LE, but was moved to section B on the final CD. Letter of explanation, proof of delivery, refund check and corrected CD required to cure exception.		     Reviewer Comment (2019-05-31): A Letter of Explanation, Proof of Delivery, and Corrected CD were provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Required documents not located in trailing documents.


Seller Comment (2019-05-31): Please see attached PCCD, LOE and Disc. Tracking


Reviewer Comment (2019-05-31): Provide a Corrected CD moving the Title - Notary fee to section C as indicated in the attestation, along with a Letter of Explanation provided to the Consumer to cure.


Seller Comment (2019-05-31): The Title-Notary Fee of $200 appears to have been mistakenly shown in Section B of the Closing Disclosure rather than Section C. Based on facts in the file the borrower did shop for settlement services, as such the $200 notary fee does not get calculated in the 10% bucket. Estimated fees within the 10% bucket are $232.00 (Recording Fees) x 10% = a tolerance threshold of $255.20. Actual 10% fees shown on the final Closing Disclosure lists recording fees of $213.00. Based on this information fees did not increased over the allowable amount and no cure is required to the borrower.
   02/19/2019   2 B xx/xx/xxxx WA 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
xxxx 6000031795 xxxx 12102331 6000031795-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation why loan does not qualify for conventional financing is missing     Seller Comment (2019-05-31): Lendsure Mortgage loans are manually underwritten. Lendsure is a Non-QM lender and does not do any conventional lending. We have no test to conduct on the loan regarding conventional lending requirements. A document is attached to attest that there are no DU or LP Findings. Thanks


Reviewer Comment (2019-05-31): Seller provided lender attestation.


Seller Comment (2019-05-31): LendSure Mortgage loans are manually underwritten. There are no DU or LP Findings.
 02/08/2019     1 A xx/xx/xxxx WA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031795 xxxx 12102333 6000031795-24848 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-31): Desk review received.
 01/30/2019     1 A xx/xx/xxxx WA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031795 xxxx 12102338 6000031795-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing valid HOA and tax expense verification for borrowers' investment property in xxxx. Property was purchased in xxxx and appears property expenses were taken from closing statement PITIA reserves above minimum by 6 months or greater. Borrower's have 397 months reserves

0 X 30 24 month housing history (56 months per credit report)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors - HOA has been included in the DTI calculation as validated with closing statement from acquisition:
0 X 30 24 month housing history (56 months per credit report)
PITIA reserves above minimum by 6 months or greater. Borrower's have 397 months reserves


Reviewer Comment (2019-05-31): Unable to clear refer to client, HOA has been included in payment.


Reviewer Comment (2019-05-31): File is missing documentation for HOA dues. Using an estimate to qualify. Please advise if client would like to waive documentation.


Buyer Comment (2019-05-31): (xxxx)
xxxx - 23h agoPortal
Can we just add a $6.67 per month to the debt. This is not a material change. Thank you


Reviewer Comment (2019-05-31): The HOA payment has been included in the liability for xxxx. Please advise if client would like to waive.


Seller Comment (2019-05-31): Can we just add a $6.67 per month to the debt. This is not a material change. Thank you


Reviewer Comment (2019-05-31): Unable to clear refer to client .


Buyer Comment (2019-05-31): (xxxx)xxxx - xx/xx/xxxx 6:32:18 PM ESTPortal
Property at xxxx is a cabin style property built in 1985. There are no HOA dues. Please see uploaded Zillow data to confirm property type. Property taxes are 2,438.68 per year as verified on county tax records. Please see uploaded tax statement to verify this. Thanks.


Reviewer Comment (2019-05-31): The settlement statement provided in file from purchase for xxxx reflects HOA Prorations/Credit Seller Annually at $80.


Seller Comment (2019-05-31): Property at xxxx is a cabin style property built in 1985. There are no HOA dues. Please see uploaded Zillow data to confirm property type. Property taxes are 2,438.68 per year as verified on county tax records. Please see uploaded tax statement to verify this. Thanks.


Reviewer Comment (2019-05-31): Seller provided evidence of tax expense however, valid verification of HOA expense was not provided.


Seller Comment (2019-05-31): Property at xxxx is a cabin style property built in 1985. Please see uploaded Zillow data. Property taxes are 2,438.68 per year as verified on county tax records. Please see uploaded tax statement.
     02/19/2019 2 B xx/xx/xxxx WA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031795 xxxx 12102339 6000031795-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Assets used for qualifying must be seasoned 120 days unless pre-approved by client. Missing 120 days seasoning for both xxxx accounts, xxxx, and xxxx accounts. PITIA reserves above minimum by 6 months or greater. Borrower's have 397 months reserves

0 X 30 24 month housing history (56 months per credit report)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to allow w/comp factors:
0 X 30 24 month housing history (56 months per credit report)
PITIA reserves above minimum by 6 months or greater. Borrower's have 397 months reserves


Reviewer Comment (2019-05-31): Seller comments Expanded Access Program Guides state assets documents require the most recent 2 months statements however, Section 9.5 Asset Utilization reflects assets used for qualifying must be seasoned 120 days unless pre-approved by xxxxCP.


Seller Comment (2019-05-31): Expanded Access Program Guide states assets documents require the most recent 2 months statements. Thanks
     02/15/2019 2 B xx/xx/xxxx WA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031795 xxxx 12102340 6000031795-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Rate lock agreement not on file     Reviewer Comment (2019-05-31): Seller provided lock confirmation.


Seller Comment (2019-05-31): Lock confirmation is dated 1-23-19. Please see uploaded document.
 02/07/2019     1 A xx/xx/xxxx WA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031795 xxxx 12102341 6000031795-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Settlement/Closing fee was disclosed as $1253 on the consumer CD compared to $1150 on the seller CD, Real Estate commission in the amount of $26,850 on the consumer CD compared to $26,700 on the seller CD, Owner's title insurance was $2206 compared to $2024 on the seller CD and sales tax of $182.16 was listed on the seller CD but not on the consumer CD. A letter of explanation and corrected closing disclosure to the borrower required to cure exception.     Reviewer Comment (2019-05-31): Please see new exception.
 02/19/2019     1 A xx/xx/xxxx WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102357 6000030689-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $2,290.90 due to increases in recording, sub-escrow, discount and appraisal review fees. No evidence of VCC found in file to justify this increase. Please provide either a VCC or a corrected CD, LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/15


Reviewer Comment (2019-05-31): Corrected Closing Disclosure received Letter of Explanation to borrower still required to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   02/19/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102358 6000030689-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. The Toolkit was provided on 12/6/18 - application date was xx/xx/xxxx. Please provide verification borrower was provided the toolkit disclosure with 3 business days of the application date to cure this exception.     Reviewer Comment (2019-05-31): Received Disclosure Tracking.


Buyer Comment (2019-05-31): (xxxx)Page 2 indicates message viewed by borrower.


Reviewer Comment (2019-05-31): Evidence of Home Loan toolkit received by the Consumer was not provided.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 02/01/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030689 xxxx 12102360 6000030689-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) This LE was electronically signed on xx/xx/xxxx and the initial CD was issued and electronically signed on xx/xx/xxxx. Please provide verification revised LE was received prior to the initial CD to cure this exception.     Reviewer Comment (2019-05-31): AMC received revised LE issued 1/4/19 and evidence revised LE dated xx/xx/xxxx was received on xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 01/31/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030689 xxxx 12102361 6000030689-3988 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) This LE was electronically signed by the borrower on xx/xx/xxxx. Closing date xx/xx/xxxx. Please provided verification LE issued on xx/xx/xxxx and signed on xx/xx/xxxx was received by the borrower a minimum of 4 days prior to closing to cure this exception.     Reviewer Comment (2019-05-31): AMC received revised LE issued 1/4/19 and evidence revised LE dated xx/xx/xxxx was received on xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 01/31/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030689 xxxx 12102363 6000030689-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $490.00 exceeds tolerance of $181.00 plus 10% or $199.10. Insufficient or no cure was provided to the borrower. (0) $290.90 tolerance violation due to increase in recording and addition of sub-escrow fee. No evidence found in file of VCC to cure these tolerances. Note: $125 Sub-Escrow fee is being tested in the 10% tolerance category due to being in section B instead of section C. Once a corrected CD is provided reflecting the sub-escrow fee in section C the tolerance violation will be reduced to $165.90. Please provide either a VCC to justify increase in recording and sub-escrow fees or corrected CD, LOE to borrower, refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-05-31): A Letter of Explanation, and Corrected CD were provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/15


Reviewer Comment (2019-05-31): Corrected Closing Disclosure received Letter of Explanation to borrower still required to cure. Sub Escrow Fee of $125 moved to Section C and subject to no tolerance testing also confirmed recording fee was $82 per PC-CD and Final Settlement Statement. 10% fees are below the threshold no cure check required.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   02/19/2019   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102364 6000030689-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,850.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee not disclosed on xx/xx/xxxx LE and as $1,850 on Final CD. No evidence of VCC found in file to justify this increase. Please provide either a VCC or a corrected CD, LOE to borrower, copy of refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-05-31): AMC received VCC for fee change.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 01/31/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102365 6000030689-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Fee not disclosed on xx/xx/xxxx LE and disclosed as $150 on Final CD. No evidence of VCC found in file to justify this increase. Please provide either a VCC or a corrected CD, LOE to borrower, copy of refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-05-31): AMC received VCC for fee change.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 01/31/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102366 6000030689-4957 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   $125 Sub-escrow fee reflected in section B, should be in section C. Provider used is not listed on SSPL. Data is still not accurate on subsequent CD. Please provide corrected CD to cure this exception.     Reviewer Comment (2019-05-31): Post Close CD provided moved fee to Section C as the borrower shopped for services


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   02/13/2019   2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030689 xxxx 12102367 6000030689-23923 05/31/2019 Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.         Reviewer Comment (2019-05-31): Received updated HOI.


Buyer Comment (2019-05-31): (xxxx)Re-uploading as no comment was received back from AMC


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 1/30
 02/01/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030837 xxxx 12102305 6000030837-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst-case APOR used to complete compliance testing


Reviewer Comment (2019-05-31): Seller has provided a COC however the lock confirmation has not been provided.


Seller Comment (2019-05-31): please provide copy of borrower's rate lock confirmation
     02/08/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000030837 xxxx 12102308 6000030837-24190 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $25,285.20 on Final Closing Disclosure provided on 0xx/xx/xxxx not accurate. (Final/0xx/xx/xxxx) Estimated property costs over year 1 of $25,285.20 disclosed on CD based on 12 months of $2,107.10 monthly property costs.Hazard in file was $260.17, taxes used were $1,359.43 based on tax cert and HOA dues were $509.67 based HOA quarterly statement dated 4/1/2018, totaling $2,129.27 x 12 = $2,551.24. Based on 1008, difference appears in the HOA dues , qualified at $487.50 monthly by the Lender. Please provide either verification HOA dues are $487.50 monthly or a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-05-31): Received Letter of Explanation and Corrected CD required to cure.


Seller Comment (2019-05-31): A corrected CD dated 2/19/19 has been provided however, an LOE to the borrower regarding the change made is required and was not provided


Reviewer Comment (2019-05-31): A corrected CD dated 2/19/19 has been provided however, an LOE to the borrower regarding the change made is required and was not provided.


Buyer Comment (2019-05-31): (xxxx)please see docs


Seller Comment (2019-05-31): Received Quarterly HOA statement that confirms HOA of $1,572 per quarter which would be $524 per month. $2,143.60 is the correct monthly amount for Taxes, Insurance and HOA. Lender is using $2,107.10. Corrected CD and LOE to borrower required to cure.


Reviewer Comment (2019-05-31): AMC received Quarterly HOA statement that confirms HOA of $1,572 per quarter which would be $524 per month. $2,143.60 is the correct monthly amount for Taxes, Insurance and HOA. Lender is using $2,107.10. Corrected CD and LOE to borrower required to cure.


Seller Comment (2019-05-31): Received updated 1003 and 1008. Documents do not clear exception. Please provide either verification HOA dues are $487.50 monthly or a corrected CD, LOE and delivery to the borrower to cure this exception.
   02/20/2019   2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030837 xxxx 12102310 6000030837-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   $35,844.36 bank statement income is not within 10% tolerance of $30,468.92 Gross P&L income. Note: calculations are based on the 50% ownership per CPA letter in file. No evidence of client's exception approval waiver found in file for this exception.     Reviewer Comment (2019-05-31): Checks were included in deposits, however were a debt and not included for review. After removing all "check" false deposits, income was within 10%.
 02/06/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000031776 xxxx 12102346 6000031776-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. ROR executed by the borrowers on xx/xx/xxxx with expiration of rescission period noted as xx/xx/xxxx however, Final Closing Disclosure disclosed a closing date of xx/xx/xxxx. Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form is required to cure.     Reviewer Comment (2019-05-31): Received PCCD with correct dates.


Reviewer Comment (2019-05-31): Please provide Final Settlement Statement to confirm disbursement date of xx/xx/xxxx.


Seller Comment (2019-05-31): Please explain why these conditions have not been cleared - CD was provided with the LOE.
 02/22/2019     1 A xx/xx/xxxx CA 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 A A C B A A Non QM Non QM Yes
xxxx 6000031776 xxxx 12102347 6000031776-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a Closing Date of xx/xx/xxxx. Deed of Trust was notarized on xx/xx/xxxx. Letter of Explanation and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   02/22/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000031776 xxxx 12102348 6000031776-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure, Section F. Prepaids disclosed 0 for number of months for the Homeowner's Insurance Premium. Letter of Explanation and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   02/22/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000031776 xxxx 12102349 6000031776-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Initial Closing Disclosure dated xx/xx/xxxx was not received by the borrowers at least 3 business days prior to the closing date of xx/xx/xxxx. File is missing evidence of earlier receipt or a written and signed statement from the borrowers that waives the required waiting period.     Reviewer Comment (2019-05-31): Disclosure tracking details provided
 02/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102443 6000032341-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) The appraisal signature date is xx/xx/xxxx, and the evidence of the delivery of the appraisal is dated 11/26/18.     Reviewer Comment (2019-05-31): Origination Appraisal dated 11/25/2018 was provided.


Buyer Comment (2019-05-31): Appraisal completed 11/25 attached. This appraisal had incorrect HOA monthly fee and was updated 12/14. Delivery is per the original appraisal date.
 01/16/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102444 6000032341-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Provide evidence of HOA dues for the property on Harvard. Subject to DTI recalc.     Reviewer Comment (2019-05-31): Evidence of HOA fee for REO provided. DTI recalculated. New DTI is 43.2322% and exceeds guideline maximum of 43%. New exceptions added.


Buyer Comment (2019-05-31): HOA dues with updated 1003 and 1008 attached


Reviewer Comment (2019-05-31): The condition is requesting verification of Homeowner Association Dues on Harvard.


Buyer Comment (2019-05-31): LOE from borrower. no insurance
 01/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102445 6000032341-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure not provided     Reviewer Comment (2019-05-31): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032341 xxxx 12102446 6000032341-25371 05/31/2019 Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure: Good Faith Tolerance exceeded for Property Taxes. Fee Amount of $4,432.38 exceeds tolerance of $3,479.00. Insufficient or no cure was provided to the borrower. (8807) Effective 10/1/18, TRID amendments provide that certain estimates that were not made in good faith on the LE will be subject to 0% tolerance. No valid COC in loan file to support the increase and no cure provided on final CD.     Reviewer Comment (2019-05-31): Exception cleared pending xxxx clarification on Good Faith threshold testing
 01/17/2019     1 A xx/xx/xxxx CA 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 B C B A A Non QM Non QM Yes
xxxx 6000032341 xxxx 12102447 6000032341-2828 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Divorce Decree / Child Support not provided   Title was acquired as married man, DOT now reflects unmarried.     Reviewer Comment (2019-05-31): Divorce decree in file supports unmarried and no child support obligations


Buyer Comment (2019-05-31): Divorce decree attached


Reviewer Comment (2019-05-31): Provide a copy of the divorce decree/court order to confirm borrower does not have any child support or alimony obligations.
 02/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102448 6000032341-25029 05/31/2019 Compliance Compliance Federal Compliance 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 (2019-05-31): Investor approved exception with comp factors for DTI, exception cleared


Buyer Comment (2019-05-31): Exception for DTI >43% Attached
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
xxxx 6000032341 xxxx 12102449 6000032341-25034 05/31/2019 Compliance Compliance Federal Compliance 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 43.23220% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.)   Reserves 77.54 months

Residual income $4,253.61

LTV 44.529%

FICO 797		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Investor approved exception with comp factors


Buyer Comment (2019-05-31): Exception for DTI >43% Attached
     02/14/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102450 6000032341-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $2,376.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx)       Reviewer Comment (2019-05-31): AMC received HOA payment voucher indicated monthly dues of $198/mo. Exception Cleared.


Buyer Comment (2019-05-31): HOA Cert attached $198/month=$2376
 01/23/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032341 xxxx 12102451 6000032341-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 43.23220% exceeds Guideline total debt ratio of 43.00000%. DTI exceeds guidelines. Reserves 77.54 months

Residual income $4,253.61

LTV 44.529%

FICO 797		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Investor Approved Exception with Compensating Factors


Buyer Comment (2019-05-31): Exception for DTI >43% Attached
     02/13/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000032341 xxxx 12102452 6000032341-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI exceeds guidelines.     Reviewer Comment (2019-05-31): Received lender exception for excessive DTI-exception cleared.


Buyer Comment (2019-05-31): Exception for DTI >43% Attached
 02/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000031806 xxxx 12102520 6000031806-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Granted Asset Utilization - use of joint account as eligible asset. To allow use of an account in the name of the borrower held jointly with his son, who is not on the loan, with over $200k (Borrower is named first on the account and it is sent to his address). Access letter states the borrower has full access to the funds. Asset Utilization was waived. PITIA reserves above minimum by 6 months or greater: 707 vs 12

0 X 30 24 month housing history 39 vs 24

FICO score above minimum by 20 points or greater: 755 vs 700		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Exception waived per client pre-approved waiver list. Joint access was letter was provided and joint bank account between borrower and non-borrowing son was reduced by 50% for asset depletion income.
     02/21/2019 2 B xx/xx/xxxx OH Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000031806 xxxx 12102523 6000031806-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $695.00 exceeds tolerance of $455.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Appraisal Fee was disclosed as $455.00 on the Loan Estimate dated 06/01/2018, but disclosed as $695.00 on the Final Closing Disclosure. Cure of $240.80 was disclosed on the Final Closing Disclosure which covers the increase of $240.00.         02/20/2019   1 A xx/xx/xxxx OH Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
xxxx 6000032322 xxxx 12102570 6000032322-25293 05/31/2019 Credit Guideline Guideline Issue Margin is ineligible per guidelines. Product: 5/1 ARM; Margin: 4.00000% Margin per Note is 4%. Ea Plus 10/2018 guidelines reflect 3.5% on 5/1 ARM. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 741 vs 680

DTI below max by 5% or greater. 33.7% vs 43%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Reviewer Comment (2019-05-31): The CD provided on 2/27/19 reflects a margin of 4%, Ea Plus 10/2018 guidelines reflect 3.5% on 5/1


Seller Comment (2019-05-31): Please refer to the uploaded Final Closing CD to cure


Reviewer Comment (2019-05-31): Per client request, not waiving.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
DTI below max by 5% or greater. 33.7% vs 43%
FICO score above minimum by 20 points or greater. 741 vs 680
0 X 30 24 month housing history
     03/05/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000032322 xxxx 12102572 6000032322-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of 0xx/xx/xxxx. CD reflects disbursement date of xx/xx/xxxx, should be xx/xx/xxxx. Please provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form to cure this exception.     Reviewer Comment (2019-05-31): Received corrected CD and Letter of Explanation to the borrower regarding change made.


Seller Comment (2019-05-31): Please refer to the uploaded Final Closing CD to cure
 02/28/2019     1 A xx/xx/xxxx CA 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 B C A A A Non QM Non QM Yes
xxxx 6000032322 xxxx 12102576 6000032322-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.
   02/28/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000031850 xxxx 12102529 6000031850-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Mortgage payment was excluded: borrower has ownership and a mortgage on another property that her mother lives in. PITIA reserves above minimum by 6 months or greater. Investor required reserves 9 months, borrower verified reserves 79 months

FICO score above minimum by 20 points or greater. Investor required fico score 661, borrower fico score 725		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Evidence mother pays for this property are in file. Exception for excluding mortgage payment waived per the client's pre-approved waiver list.
     02/21/2019 2 B xx/xx/xxxx WA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
xxxx 6000031845 xxxx 12102525 6000031845-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.50670% or Final Disclosure APR of 6.51000% is in excess of allowable threshold of APOR 4.84% + 1.5%, or 6.34000%. Compliant Higher Priced Mortgage Loan. The fees and points charged on this loan made the APR in excess of allowable threshold. Loan is Non-QM, Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/27/2019 1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031845 xxxx 12102527 6000031845-4957 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Title - Notary and Title - Survey fees reflected in section B, should be in section C. Providers used are not listed on SSPL.     Buyer Comment (2019-05-31): Non-material
     03/08/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Good Faith Redisclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000031845 xxxx 12102528 6000031845-18826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Final/xx/xx/xxxx) Section B reflects EOI fee.     Buyer Comment (2019-05-31): Non-material
     03/08/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000031845 xxxx 12102530 6000031845-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing letter of explanation regarding $35,215.25 deposit reflected on 7/2018 bank statement.     Reviewer Comment (2019-05-31): Received letter of explanation for deposit.
 03/08/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031820 xxxx 12102453 6000031820-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received AUS verifying loan ineligible for GSE delivery.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031820 xxxx 12102494 6000031820-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing evidence supplemental taxes are not recurring. CD reflects $4,564.97 supplemental taxes paid for 12 months. Third party search indicates $4,347.60 supplemental taxes for 12 months. DTI and Compliance testing subject to change.     Reviewer Comment (2019-05-31): Received verification supplemental taxes are not recurring.
 03/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031820 xxxx 12102498 6000031820-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Appraisal signature date 2/18/2019, Appraisal effective date 1/10/2019 and appraisal acknowledgment signed xx/xx/xxxx. Unable to confirm timing is within compliance     Buyer Comment (2019-05-31): non-material. Appraiser made clerical update that did not impact value. Original un-revised appraisal delivered to borrower
     03/06/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031756 xxxx 12102552 6000031756-18826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Final/xx/xx/xxxx) CPL fee should read Closing Protection Letter.     Buyer Comment (2019-05-31): non-material: doc prep restricts characters for fee description. clerical update only.
     02/27/2019 2 B xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000031756 xxxx 12102554 6000031756-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Lender indicates client approved the use of Short term/Variable Rental Income for property located at xxxx. File has 2016, 2017 and 2018 rent roll from property management company. Rent roll indicates this is a home used for vacation short term rentals. Per credit report and mortgage statement, this property was purchased around xxxx. Rent roll from 1/1/2018 to xx/xx/xxxx reflects rental income of $77,673.08 with payments to owner of $64,668.93. 1/1/2017 - 12/31/2017 reflects $60,098.72 gross rental income and 1/1/2016-12/31/2016 reflects $65,983.74. It appears lender used $3,900 gross rental income per the application. Unable to determine method used for the $3,900 gross income, however used for rental calculations of -$687.78.DTI would be 59.56% without rental income used for qualifying. No evidence of client's approval for this exception found in file. Time on Job of 5 years or greater: 7.7 years for co-borrower

PITIA reserves above minimum by 6 months or greater: $167,464.80 vs $63,736.83

FICO score above minimum by 20 points or greater, 785 vs 720

0 X 30 24 month housing history		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Rents received for current period covering Dec. and Nov. totals $7651.94 ($3825.97 mo.). YTD rent rolls over a 36 mo. period support $5659.83 in rents received. $3900 mo. rental income appears to be supported by prior history and current rents received. xxxx elects to waive based on compensating factors:
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater, 785 vs 720
PITIA reserves above minimum by 6 months or greater: $167,464.80 vs $63,736.83
Time on Job of 5 years or greater: 7.7 years for co-borrower


Buyer Comment (2019-05-31): (xxxx)Rents received for current period covering Dec. and Nov. totals $7651.94 ($3825.97 mo.). YTD rent rolls over a 36 mo. period support $5659.83 in rents received. xxxx elects to waive based on compensating factors:
0 X 30 24 month housing history
FICO score above minimum by 20 points or greater, 785 vs 720
PITIA reserves above minimum by 6 months or greater: $167,464.80 vs $63,736.83
Time on Job of 5 years or greater: 7.7 years for co-borrower
     02/27/2019 2 B xx/xx/xxxx MD Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000030848 xxxx 12102482 6000030848-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on 02/08/2019 disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/02/08/2019) CD reflects $1210.00,calculates to be $1188.00. ($99.00 x 12)     Buyer Comment (2019-05-31): non-material
     03/04/2019 2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030848 xxxx 12102483 6000030848-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 02/08/2019 disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/02/08/2019) CD reflects $27.50, calculates to be $402.50 due to inclusion of Survey fee in 0% tolerance testing.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 03/01/2019     1 A xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030848 xxxx 12102484 6000030848-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $375.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77187) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.


Seller Comment (2019-05-31): please provide attestation from title that they chose third service provider
 03/01/2019     1 A xx/xx/xxxx FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000030848 xxxx 12102485 6000030848-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,303.50 exceeds tolerance of $1,276.00. Insufficient or no cure was provided to the borrower. (8304) Fee disclosed as $1,276 on LE and as $1,303.50 on Final CD. Final CD reflects a $27.50 cure for tolerance violations.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.
 03/01/2019     1 A xx/xx/xxxx FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000030848 xxxx 12102486 6000030848-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $1,303.50 exceeds tolerance of $1,276.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) No cure provided. PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.         03/01/2019   1 A xx/xx/xxxx FL Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
xxxx 6000030842 xxxx 12102471 6000030842-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $731.00, calculates to be $731.28. (60.94 x 12). Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Seller Comment (2019-05-31): We have uploaded for you to review the following document: updated HOI received after closing and increased in the insurance premium, LOE, PCCD, revised First Payment Letter, Initial Escrow Disclosure copy of the check sent to insurance agent for difference in the premium amount and copy of the UPS Label. Please advise if you need any additional documents in order to clear condition.
   03/04/2019   2 B xx/xx/xxxx WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000030842 xxxx 12102472 6000030842-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.46140% or Final Disclosure APR of 6.49500% is in excess of allowable threshold of APOR 4.59% + 1.5%, or 6.09000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/15/2019 1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000030842 xxxx 12102473 6000030842-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower:xxxx 1084 or income worksheet Missing underwriters worksheet reflecting details of the qualifying income calculations, both considered or not consider and reason for exclusion. 1084 in file reflects P&L only. does not address bank deposits or exclusions.     Reviewer Comment (2019-05-31): Received underwriters income worksheet.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 02/20/2019     1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000031799 xxxx 12102460 6000031799-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Lender attestation loan is ineligible for GSE delivery was provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 02/20/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000031799 xxxx 12102492 6000031799-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Rate lock date has been provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 02/25/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000031799 xxxx 12102497 6000031799-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Please provide a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-05-31): (xxxx)please see LOE and CD


Reviewer Comment (2019-05-31): Still pending the Letter of Explanation & Corrected Closing Disclosure with correct closing date of xx/xx/xxxx


Seller Comment (2019-05-31): Borrower 2 did not sign the documents until xx/xx/xxxx therefore the consummation date is xx/xx/xxxx. A corrected CD and LOE to the borrower is required to clear the exception.


Reviewer Comment (2019-05-31): Although xxx signed and his signature was notarized xx/xx/xxxx, Borrower 2 did not sign the documents until xx/xx/xxxx therefore the consummation date is xx/xx/xxxx. A corrected CD and LOE to the borrower is required to clear the exception.


Seller Comment (2019-05-31): Hello, The CD with the closing date of xx/xx/xxx does not need to be updated. xxxx signed on x/xx/xxxx and that is the print date of the rest of the documents. thanks!


Reviewer Comment (2019-05-31): Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Please provide a corrected CD and LOE to borrower to cure this exception.
   02/28/2019   1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031799 xxxx 12102500 6000031799-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $150 due to addition of Notary fee. Please provide a VCC for this additional fee or a corrected CD and LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   02/28/2019   2 B xx/xx/xxxx CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000031799 xxxx 12102502 6000031799-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7568) Fee not disclosed on LE and disclosed as $150 on Final CD. No evidence of VCC justifying the addition of the fee found in file. Note: This fee was paid to a Lender Affiliate which moves it to zero tolerance testing. Please provide either a VCC for this increase or a corrected CD, LOE to borrower, copy of refund check and proof of delivery to cure this exception.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, and Corrected CD provided. Cure provided at closing but cure not proper disclosed in Section J. PC-CD and LOE provided


Buyer Comment (2019-05-31): (xxxx)The $150 cure was given at closing, it was just not properly broken out on the CD. I provided a PC CD and LOX to the borrowers. Please see Final Alta Settlement statement.


Reviewer Comment (2019-05-31): Still pending the Cure check of $150 and proof of delivery


Seller Comment (2019-05-31): A Corrected CD was provided reflecting $150 cure to borrower however, a letter of explanation to the borrower regarding the change, a copy of the refund check and proof of delivery are required to clear the exception.


Reviewer Comment (2019-05-31): A Corrected CD was provided reflecting $150 cure to borrower however, a letter of explanation to the borrower regarding the change, a copy of the refund check and proof of delivery are required to clear the exception.


Buyer Comment (2019-05-31): (xxxx)please see docs
   02/28/2019   2 B xx/xx/xxxx CO 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 A C B A A Non QM Non QM Yes
xxxx 6000031799 xxxx 12102504 6000031799-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7568)       Reviewer Comment (2019-05-31): Cure received.
   03/04/2019   2 B xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
xxxx 6000032318 xxxx 12102466 6000032318-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.14970% or Final Disclosure APR of 6.17700% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/28/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032318 xxxx 12102467 6000032318-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     03/13/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032318 xxxx 12102468 6000032318-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.14970% or Final Disclosure APR of 6.17700% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/28/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032318 xxxx 12102469 6000032318-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate 02/08/2019 received on or after the date the Closing Disclosure 2/9/2019 12:00:00 AM was received. (Interim/02/08/2019) The revised LE provided on xx/xx/xxxx was e-signed on 2/9/2019. Initial CD was signed 2/9/2019.     Reviewer Comment (2019-05-31): Received duplicate LE dated xx/xx/xxxx signed by borrower xx/xx/xxxx.
 03/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032318 xxxx 12102489 6000032318-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $525.00 exceeds tolerance of $475.00 plus 10% or $522.50. Sufficient or excess cure was provided to the borrower at Closing. (0) The proper cure amount was not given. $2.50 was the cure amount giving at closing.         02/26/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000032318 xxxx 12102490 6000032318-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months was left blank on the closing disclosure     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Reviewer Comment (2019-05-31): AMC did not receive any documents pertaining to exception. Please provide corrected CD and LOE to cure.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower
   03/07/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032318 xxxx 12102493 6000032318-3988 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 02/08/2019 not received by borrower at least four (4) business days prior to closing. (Interim/02/08/2019) LE issued on xx/xx/xxxx and e-signed on 2/9/19 is less than 4 business days from closing date of xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received duplicate LE dated xx/xx/xxxx signed by borrower xx/xx/xxxx.
 03/06/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032318 xxxx 12102495 6000032318-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing verification of borrower's self employment on credit report as required on 12 Month P&L/CPA program which states employment verification documentation must be consistent with the information on the loan application and credit report. Employment listed is for prior employers. Borrower has been a self employed xxx for 7 years per CPA. Fraud report reflects borrower's current business verifying the company name and address as reflected on the application, business license and CPA letter. 0 X 30 24 month housing history (36 months on credit report)

DTI below max by 5% or greater, 35.3% vs 45%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
DTI below max by 5% or greater, 35.3% vs 45%
0 X 30 24 month housing history (36 months on credit report)
     03/12/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000031754 xxxx 12102592 6000031754-2883 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Verification of property taxes used for the transaction is not found in the file.     Reviewer Comment (2019-05-31): Received verification of taxes used for transaction.


Buyer Comment (2019-05-31): (xxxx)Tax Search submitted
 03/11/2019     1 A xx/xx/xxxx GA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000031754 xxxx 12102594 6000031754-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Verification of business existence required within 10 calendar days of closing missing from loan file. Georgia SOS searches on file, however they are not dated     Reviewer Comment (2019-05-31): Received evidence of third party verification xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)VVOE submitted
 03/11/2019     1 A xx/xx/xxxx GA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000031823 xxxx 12102531 6000031823-2799 05/31/2019 Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided         Reviewer Comment (2019-05-31): Received the Note.
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102532 6000031823-2876 05/31/2019 Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-05-31): Received Deed of Trust with 1-4 Rider.
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102534 6000031823-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-05-31): Received the Fraud Report.


Buyer Comment (2019-05-31): (xxxx)please see fraud report
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102535 6000031823-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date 2/15/2019. Provided date 1/19/2019. Effective date 1/14/2019.     Buyer Comment (2019-05-31): non-material. Appraiser made clerical update that did not impact value. Original appraisal delivered to borrowers.
     03/06/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102536 6000031823-2798 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-05-31): Received the Final 1003.
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102537 6000031823-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   P&L is not signed by borrower.     Reviewer Comment (2019-05-31): Received P&L signed by borrower.
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102538 6000031823-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Although the appraisal is done "as is'; photo of subject interior reflects a bedroom in need of completed drywall and paint.     Reviewer Comment (2019-05-31): Lender has reviewed, bedroom being redone is a non-issue. Value is supported and appraisal completed "as-is."


Buyer Comment (2019-05-31): (xxxx)xxxx has reviewed, bedroom being redone is a non-issue. Value is supported and appraisal is completed 'as-is'. Work is in progress per picture.
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102539 6000031823-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Although CPA letter in file indicates the percentage of borrower's ownership and was used in the preparation of tax documents, they do not have any means of verifying the accuracy of ownership percentages beyond what the borrower has told them and have made no attempts to do so.     Reviewer Comment (2019-05-31): Upon rereview, CPA certified that the information was used in preparation of taxes, subsequently the exception was unwaived and cleared.


Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)CPA certifies they are filing taxes and borrower is 99% owner. xxxx elects to waive with compensating factors:
0 X 30 24 month housing history (99 months per credit report)
FICO score above minimum by 20 points or higher. 795 vs 720
 03/07/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102540 6000031823-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Eligible deposits not within 10% of gross income of P&L. Client exception waiver on file. FICO score above minimum by 20 points or higher. 795 vs 720

0 X 30 24 month housing history (99 months per credit report)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Eligible deposits not within 10% of gross income of P&L. Client exception waiver on file. Compensating factors are FICO scores greater than 20 points or higher (795 vs 720) and 0 X 30 24 month housing history (99 months reported on the credit report
     03/04/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102541 6000031823-4263 05/31/2019 Credit Assets Asset Calculation / Analysis Guideline Requirement: Available for Reserves discrepancy. Calculated Available for Reserves of $32,913.41 is less than Guideline Available for Reserves of $143,651.94. Reserves of $32,913.41 is less than requirement of $143,651.94. Borrower has 2 other financed properties. Per guidelines, additional reserves required are based on the PITIA of each additional property.Subject property ($70,101.96) + 3 months additional PITIA for primary and 2nd investment ($73,549.98).Borrower has an additional $432,747.90 held in business funds. Per CPA letter, borrower has 99% ownership for accounts #xxx and #xx with the additional 1% owned by his brother. Borrower has 1% of ownership for account #xxx directly with 99% owned indirectly by the borrower through a trust.No evidence borrower has 100% usability located in the file. FICO score above minimum by 20 points or higher. 795 vs 720

0 X 30 24 month housing history (99 months per credit report)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower is 99% owner per CPA who files business tax returns. xxxx elects to waive based on compensating factors:
G elects to waive with compensating factors:
0 X 30 24 month housing history (99 months per credit report)
FICO score above minimum by 20 points or higher. 795 vs 720


Reviewer Comment (2019-05-31): Per EA Plus 10/18 guides use of business accounts require borrower must have 100% ownership and a letter from business accountant or underwriter cash flow analysis of business balance sheet to confirm that the withdraw will not negatively impact business. The CPA letter provided reflects that they have no means of verifying the accuracy of ownership percentage beyond what the borrower has told them, and have made no attempts to do so.


Buyer Comment (2019-05-31): (xxxx)please see #2 from CPA. Borrower is sole grantor and sole trustee of trust.
     03/06/2019 2 B xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102542 6000031823-930 05/31/2019 Credit Property - Appraisal General Appraisal Requirements Valuation Error: Appraiser's name not provided.   Appraiser's signature, name, company name and address are blacked out on the appraisal. Used appraiser's license to retrieve name. License number on the license matches number on the appraisal.     Reviewer Comment (2019-05-31): Received appraisal with appraisers information visible.


Buyer Comment (2019-05-31): (xxxx)please see appraisal
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031823 xxxx 12102543 6000031823-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing verification of HOA dues for primary property. Reviewer used $1,298.76 reflected on initial application.     Reviewer Comment (2019-05-31): Received evidence of HOA for primary residence.


Buyer Comment (2019-05-31): (xxxx)please see HOA verification
 03/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   D B D B D B A A N/A N/A No
xxxx 6000031758 xxxx 12102475 6000031758-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.55680% or Final Disclosure APR of 6.55700% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Mortgage Loan. The fees and points charged on this loan made the APR in excess of allowable threshold. Loan is Non-QM, Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/13/2019 1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031758 xxxx 12102476 6000031758-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.55680% or Final Disclosure APR of 6.55700% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Loan. The fees and points charged on this loan made the APR in excess of allowable threshold. Loan is Non-QM, Compliant Higher Priced Mortgage Loan. ATR analysis, appraisal requirements, escrow requirements and compliance status confirmed     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/13/2019 1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031758 xxxx 12102477 6000031758-18604 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure 0xx/xx/xxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/0xx/xx/xxxx) Seller CD is missing from the loan docs and fees were not disclosed on the borrower's CD. Please provide either the Seller's CD or a corrected CD and LOE to borrower to cure this exception     Reviewer Comment (2019-05-31): Seller Final Settlement Statement provided


Seller Comment (2019-05-31): PCCD from 2/4
 02/25/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000031758 xxxx 12102478 6000031758-4956 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Missing Seller's Closing Disclosure.   Please provide Seller's CD to cure this exception     Reviewer Comment (2019-05-31): document provided


Seller Comment (2019-05-31): Seller Settlement Stmnt
 02/25/2019     1 A xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000031774 xxxx 12102557 6000031774-2842 05/31/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided         Reviewer Comment (2019-05-31): Received sufficient hazard insurance policy.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/01/2019     1 A xx/xx/xxxx NY Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031774 xxxx 12102559 6000031774-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Exception granted for using funds from each Borrowers non-purchasing spouse in the amount of $68,000. Needed to meet reserves. Both Borrowers wife transferred funds from their individual account into a joint account with husband. Wife's are non-borrowers. The subject property is an investment. OK to use funds from non borrowing spouses for closing / reserves. DTI below max by 5% or greater: 37.60% vs 43%

FICO score above minimum by 20 points or greater. 796 > 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.
     02/20/2019 2 B xx/xx/xxxx NY Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031774 xxxx 12102562 6000031774-605 05/31/2019 Credit Assets Asset Documentation Assets Error: Usability was not provided   Missing letter from CPA and/or an underwriter's cash flow analysis of the business balance sheet to confirm withdrawal of funds will not have a negative impact on the business plus letter from business partner verifying borrower has access to 100% of funds to account xxxx. Funds are needed for both closing and reserves. Per K1, borrower is 50% owner. DTI below max by 5% or greater: 37.60% vs 43%

FICO score above minimum by 20 points or greater. 796 > 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factor.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 796 > 700
DTI below max by 5% or greater: 37.60% vs 43%
     02/22/2019 2 B xx/xx/xxxx NY Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031770 xxxx 12102556 6000031770-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): The lock conformation has been provided.


Seller Comment (2019-05-31): Uploaded latest lock confirmation. Pricing and rate are consistent with terms provided to the borrower.
 02/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A A A C A A A Non QM Non QM No
xxxx 6000031770 xxxx 12102561 6000031770-7039 05/31/2019 Compliance Compliance Federal Compliance Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. Lender reflected on title as the previous lender is not the same as current lender. Please provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form to cure this exception.     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Reviewer Comment (2019-05-31): The original lender reflected on the title commitment is xxxx, therefore a H-8 is required. Per our Compliance department, use of the H-9 rescission form when the H-8 is appropriate is an EV3-C level exception in all circuits. A Letter of Explanation, Proof of Delivery and Re-open Rescission on the correct model form are required to cure this exception.


Seller Comment (2019-05-31): xxxx has a logic in place with DocMagic to evaluate the lender on the subject property. Since the payoff lender is xxxx, this is a 'same lender' refinance resulting in the H9 form. Title is showing the current lender as xxxx which is us but due to the name change back in Oct 2018, this will not show up as xxxx. The correct form populated with the closing documents.
 02/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A A A C A A A Non QM Non QM Yes
xxxx 6000031755 xxxx 12102583 6000031755-24197 05/31/2019 Credit Missing Document General Missing Document: Rent Comparison Schedule not provided   Subject property is a single family investment property which requires a Rent Comparison Schedule per EA Plus 10/2018 Guidelines.     Reviewer Comment (2019-05-31): The Comparable Rent Schedule has been provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/22
 02/25/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031755 xxxx 12102587 6000031755-847 05/31/2019 Credit Insurance Insurance Documentation Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of HO-6 insurance.   Annual premium amount is missing from subject property evidence of insurance.     Reviewer Comment (2019-05-31): Received hazard with annual premium amount.


Buyer Comment (2019-05-31): (xxxx)doc uploaded 2/28
 03/01/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031755 xxxx 12102588 6000031755-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $63,000.00 is less than Cash From Borrower $658,768.92. Portfolio account statements provided however proof of liquidation is required. 0 X 30 24 month housing history (35 months)

FICO score above minimum by 20 points or greater. 783 vs 720.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Eligibility Waiver Status Granted
Manual Price Adj n/a
Waiver Request Description Use of business funds when borrower owns 50%
Waiver Request Details Borrower owns 50% of Trimar Properties. Business model supports they regularly use business funds to acquire properties
Waiver Request Dt xx/xx/xxxx 2:57 PM
Username Request xxxx
Waiver Request Response 3/7/19 - approve use of business funds for 50% owner
Waiver Response Dt xx/xx/xxxx 3:06 PM
Username Response prader


Reviewer Comment (2019-05-31): Received a CPA letter verifying use of business funds will not negatively affect the business, an exception or waiver to the guidelines would also be required due to funds being needed to meet down payment/reserve requirements.


Seller Comment (2019-05-31): Business assets were used for closing. Business accounts may only be used if the borrower(s) are 100% owners of the business and requires: A Letter from the business accountant OR an underwriter cash flow analysis of the business balance sheet. Borrower is not 100% owner of the business. c, along with the aforementioned requirements


Reviewer Comment (2019-05-31): Business assets were used for closing. Business accounts may only be used if the borrower(s) are 100% owners of the business and requires: A Letter from the business accountant OR an underwriter cash flow analysis of the business balance sheet. Borrower is not 100% owner of the business. An exception or waiver to the guilelessness would be required, along with the aforementioned requirements.


Buyer Comment (2019-05-31): (xxxx)doc uploaded 2/28
     03/08/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031755 xxxx 12102591 6000031755-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing CPA letter or cash flow analysis for business account. Earnest money deposit sourced from that account 0 X 30 24 month housing history (35 months)

FICO score above minimum by 20 points or greater. 783 vs 720.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Eligibility Waiver Status Granted
Manual Price Adj n/a
Waiver Request Description Use of business funds when borrower owns 50%
Waiver Request Details Borrower owns 50% of Trimar Properties. Business model supports they regularly use business funds to acquire properties
Waiver Request Dt xx/xx/xxxx 2:57 PM
Username Request xxxx
Waiver Request Response 3/7/19 - approve use of business funds for 50% owner
Waiver Response Dt xx/xx/xxxx 3:06 PM
Username Response xxxx
     03/08/2019 2 B xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031755 xxxx 12102593 6000031755-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing business narrative required for business bank statement program     Reviewer Comment (2019-05-31): A business narrative has been provided.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 2/22
 02/25/2019     1 A xx/xx/xxxx CA Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000031827 xxxx 12102577 6000031827-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.62480% or Final Disclosure APR of 7.64000% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/05/2019 1 A xx/xx/xxxx TX Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000031827 xxxx 12102578 6000031827-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $580.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           03/01/2019   1 A xx/xx/xxxx TX Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
xxxx 6000031827 xxxx 12102580 6000031827-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 2.29 is less than Guideline PITIA months reserves of 6.00. Guideline exception waiver on file to accept 3 months reserves for program that requires 6 months, however only 2.29 months was verified with borrower's business funds and file is missing verification of usability. FICO score above minimum by 20 points or greater, 727 vs 700

Job stability of 5 years or more (8 years)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Job stability of 5 years or more (8 years)
FICO score above minimum by 20 points or greater, 727 vs 700
     03/07/2019 2 B xx/xx/xxxx TX Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000031827 xxxx 12102581 6000031827-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter from CPA and/or an underwriter's cash flow analysis of the business balance sheet to confirm withdrawal of funds will not have a negative impact on the business.     Reviewer Comment (2019-05-31): Received CPA letter verifying withdrawal will not negatively impact the business.


Buyer Comment (2019-05-31): (xxxx)please see CPA letter
 03/07/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000031827 xxxx 12102582 6000031827-2839 05/31/2019 Credit Assets Asset Documentation Missing Document: Gift Letter not provided   Missing Gift Letter verifying $65,000 funds received on 2/6/2019 will not have to be repaid. LOE from borrower regarding this deposit indicates the check was ultimately from his sister who is not a party to this transaction.     Reviewer Comment (2019-05-31): Received evidence and letter of explanation monies received was not gift monies.


Buyer Comment (2019-05-31): (xxxx)please see documentation for sale of equity portion
 03/07/2019     1 A xx/xx/xxxx TX Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000030079 xxxx 12102513 6000030079-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) This LE was not signed/dated by the borrower. Therefore, 3 day mail rule applies, which makes the date of receipt xx/xx/xxxx, the same day as the initial CD     Buyer Comment (2019-05-31): non-material:The final LE was issued on 12/7 (even though considered received on 12/10) and initial CD was issued on 12/10. The waiting periods for both were met with a closing date of xx/xxx


Reviewer Comment (2019-05-31): The xx/xx/xxxx LE is not signed and dated thus the mailbox rule is being applied which would confirm receipt of the LE on xx/xx/xxxx which is after the xx/xx/xxxx Initial CD is issued. Confirmation of receipt by the borrower for the xx/xx/xxxx required.


Seller Comment (2019-05-31): Rcvd clarification: The final LE was issued on 12/7 (even though considered received on 12/10) and initial CD was issued on 12/10. The waiting periods for both were met with a closing date of xx/xxx
     02/13/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030079 xxxx 12102515 6000030079-6345 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowners Insurance Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether Homeowners Insurance is included in escrow. (Final/xx/xx/xxxx) Page 1 of CD shows no homeowners insurance was collected in escrow, and “other” flood insurance was collected. Instead, “other” should be no as this is for HOA and insurance should read “some” in escrow.     Reviewer Comment (2019-05-31): AMC received corrected CD and LOE.


Reviewer Comment (2019-05-31): AMC received corrected CD with insurance marked as "some/partial" and other as "no", letter of explanation and proof of delivery. Right to Cancel must be re-opened and expired. Please provide a new RTC form and proof of delivery to cure.


Buyer Comment (2019-05-31): (xxxx)please see page 2 of doc labeled 3 for LOE and proof of delivery


Reviewer Comment (2019-05-31): AMC requires LOE, and proof of delivery to address exception.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Required cure: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission. Page 1 shows Homeowners Insurance as "No" for included in escrow it should be marked as "Some" to account for flood insurance and the "Other" that is currently marked as "Yes" should be changed to "No"


Seller Comment (2019-05-31): Advised the escrow collected was for flood insurance, therefore page 1 would be correct.
   03/18/2019   2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B A A C B A A Non QM Non QM Yes
xxxx 6000030079 xxxx 12102516 6000030079-5147 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Flood Insurance Premium under Prepaids. (Final/xx/xx/xxxx) Verified - number of months not disclosed for flood insurance.     Buyer Comment (2019-05-31): non-material: informational only


Reviewer Comment (2019-05-31): AMC received PCCD however the number of months collected for Flood Insurance is not indicated. Please provide corrected CD and LOE to cure.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower
     03/19/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030079 xxxx 12102517 6000030079-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Verified - number of months not disclosed for property taxes.     Buyer Comment (2019-05-31): non-material: informational only; clerical update only


Reviewer Comment (2019-05-31): AMC received PCCD however the number of months collected for Property Tax is not indicated. Please provide corrected CD and LOE to cure.


Seller Comment (2019-05-31): please provide PC CD, LOE
     03/19/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030079 xxxx 12102518 6000030079-4846 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/xx/xx/xxxx) Page 3 reflects "0" as Closing Costs Financed (Paid from your Loan Amount).     Buyer Comment (2019-05-31): non-material


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure required to cure. Page 3 needs to reflect closing costs financed in the Calculating Cash to Close Section


Seller Comment (2019-05-31): Requesting exception. System auto prints it this way on the CD.
     02/13/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032333 xxxx 12102571 6000032333-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation as to why the loan did not qualify for conventional financing missing from loan file 0 X 30 24 month housing history

PITIA reserves above minimum by 6 months or greater. 25.61 Mos. > 12 mos.

FICO score above minimum by 20 points or higher (757 vs. 700)		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors - banks statements are agency ineligible:
FICO score above minimum by 20 points or higher (757 vs. 700)
PITIA reserves above minimum by 6 months or greater. 25.61 Mos. > 12 mos.
0 X 30 24 month housing history


Buyer Comment (2019-05-31): (xxxx)xxxx - 21h agoPortal
Uploaded final Uniform Underwriting and Transmittal Summary showing loan type Conventional and Manuel Underwritten


Reviewer Comment (2019-05-31): Received the 1008 which reflects manual underwrite but it does not give the reason as to why the loan was not eligible for GSE delivery. Please provide the reason as to why loan was manual and an AUS was not provided to clear this exception.


Seller Comment (2019-05-31): Uploaded final Uniform Underwriting and Transmittal Summary showing loan type Conventional and Manuel Underwritten
     03/12/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032333 xxxx 12102575 6000032333-4436 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Received evidence appraisal was provided to borrower.


Buyer Comment (2019-05-31): (xxxx)CrossCountry Mortgage - xxxx - 21h agoPortal
Uploaded proof of appraisal provided to borrower


Reviewer Comment (2019-05-31): Evidence of receipt of appraisal was not loaded, please send appraisal receipt.


Seller Comment (2019-05-31): Uploaded proof of appraisal provided to borrower
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032333 xxxx 12102584 6000032333-4436 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Received evidence appraisal was provided to borrower xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)CrossCountry Mortgage - xxx - 21h agoPortal
Uploaded proof of appraisal provided to borrower


Seller Comment (2019-05-31): Uploaded proof of appraisal provided to borrower
 03/08/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000032333 xxxx 12102596 6000032333-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock date.


Seller Comment (2019-05-31): Uploaded Lock Rate Form and Rate Lock Date
 03/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000031830 xxxx 12102611 6000031830-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller Closing Disclosure not located in the file.     Reviewer Comment (2019-05-31): Seller CD provided


Buyer Comment (2019-05-31): (xxxx)please see CD
 03/12/2019     1 A xx/xx/xxxx HI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000031830 xxxx 12102613 6000031830-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Granted Exception 2 - funds not coming directly from employer due to the initial check Borrower is a real estate agent/employee of the real estate company representing both seller side and buyer. The same real estate agent working for this company represents her and the seller. Borrower is not representing herself and not performing services on the transaction, however, is receiving a referral fee from referring the seller side to the agent, and an employee discount from her employer on the representation on the buyer's side. Also, at the time the purchase contract was accepted on 10/26/17, which included an escrow period of 15 months to let buyer improve and sell her current residence and complete a divorce, the seller agreed to let buyer move into the home until transaction closes. Buyer pays $3640 to seller per mo. Buyer became tenant after PC and escrow opened, and not before. 02:28.3 "2/20/19 - Reserves exception - approved////
20190212 -- employer assistance for cash down okay. /// 20190123 -- Not an exception - must conform to section 7.1.8 of guidelines, and any referral fee can be used for closing costs only, not down payment"		 0 X 30 24 month housing history: 0 x 30 44 mortgage history to 4/18 and 0 x 30 x 12 rental payments per cancelled checks.

Residual income $1,000 greater than minimum required $9,067.08

FICO score above minimum by 20 points or greater - 729 > 700 min required		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.
     03/06/2019 2 B xx/xx/xxxx HI Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031830 xxxx 12102614 6000031830-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification Missing third party verification of borrower's schedule C business within 120 days of the Note, as required per FNMA guides as client's guidelines are silent.     Reviewer Comment (2019-05-31): Received third party verification.


Buyer Comment (2019-05-31): (xxxx)please see RE license from the state
 03/08/2019     1 A xx/xx/xxxx HI Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031830 xxxx 12102615 6000031830-25520 05/31/2019 Compliance Compliance Federal Compliance 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. (xxxx/Schedule C) Missing third party verification of borrower's schedule C business within 120 days of Note as required per FNMA guides.     Reviewer Comment (2019-05-31): Received third party verification.
 03/08/2019     1 A xx/xx/xxxx HI Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031830 xxxx 12102616 6000031830-3677 05/31/2019 Compliance Compliance Federal Compliance 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. Missing third party verification of borrower's schedule C business within 120 days of Note as required per FNMA guides.     Reviewer Comment (2019-05-31): Received third party verification.
 03/08/2019     1 A xx/xx/xxxx HI Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
xxxx 6000031830 xxxx 12102617 6000031830-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification of borrower's schedule C business within 120 days of Note as required per FNMA guides.     Reviewer Comment (2019-05-31): Received third party verification.
 03/08/2019     1 A xx/xx/xxxx HI Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031793 xxxx 12102620 6000031793-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.03230% or Final Disclosure APR of 6.04800% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. The fees and points charged on this loan made the APR in excess of allowable threshold. Loan is Non-QM, Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/06/2019 1 A xx/xx/xxxx TX Primary Purchase   B B A A B B A A Non QM Non QM No
xxxx 6000031793 xxxx 12102621 6000031793-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) CD reflects $1,695, calculates to be $1,496.04 ($124.67 x 12). Annual premium per HOI is $1,496.     Buyer Comment (2019-05-31): non-material: Prepaid includes $200 insurance agent fee
     03/07/2019 2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000032488 xxxx 12102628 6000032488-23558 05/31/2019 Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (2013): Mandatory escrow account not established on 1st lien mortgage loan.       Reviewer Comment (2019-05-31): Received Rate Lock documentation. Compliance Testing completed.
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032488 xxxx 12102629 6000032488-6446 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.17490% or Final Disclosure APR of 6.17700% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Received Rate Lock documentation. Compliance Testing completed.
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032488 xxxx 12102630 6000032488-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received Rate Lock documentation. Compliance Testing completed.
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032488 xxxx 12102631 6000032488-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.17490% or Final Disclosure APR of 6.17700% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Received Rate Lock documentation. Compliance Testing completed.
 02/14/2019     1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032488 xxxx 12102632 6000032488-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The note date is xx/xx/xxxx, however the notary date on the security instrument is xx/xx/xxxx.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Reviewer Comment (2019-05-31): Closing date per CD was xx/xx/xxxx, however actual closing date is 1/30. This was not corrected on xx/xx/xxxx PC CD. Exception remains.


Buyer Comment (2019-05-31): docs are drawn in CA prior to signing. Docs dated 01/29 but not signed until 01/30. this is ok
   02/19/2019   1 A xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000032488 xxxx 12102633 6000032488-3837 05/31/2019 Credit Credit Credit Calculation / Analysis Guideline Issue: Insufficient tradelines per credit guidelines   Lender Exception located in the loan file: Borrower lacks sufficient tradelines. Allow use of commingle personal bank statements for qualifying and treat like Business Bank Statement loan. PITIA reserves above minimum by 6 months or greater

56.494% LTV < 75 guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Lender Exception located in Loan File regarding tradelines and bank statements.
     02/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032488 xxxx 12102634 6000032488-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Lender Exception in the loan file. The Borrower does not have Business Bank Statements which is a requirement for loan program; however, Lender accepted the Personal Bank Statements for the Loan Program. PITIA reserves above minimum by 6 months or greater

56.494% LTV < 75 guideline max		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Lender Exception in the loan file. The Borrower does not have Business Bank Statements which is a requirement for loan program; however, Lender accepted the Personal Bank Statements for the Loan Program.
     02/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Limited Cash-out GSE   C B C B C A A A Non QM Non QM No
xxxx 6000032490 xxxx 12102624 6000032490-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provded. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received Rate Lock
 02/21/2019     1 A xx/xx/xxxx CA Primary Purchase   B A A A B A A A Non QM Non QM No
xxxx 6000032490 xxxx 12102625 6000032490-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The Post Closing CD issued on 1/10/2019 reflects the Correct Closing Date of xx/xx/xxxx.     Reviewer Comment (2019-05-31): LOE was provided to accompany PC CD.


Reviewer Comment (2019-05-31): AMC received Rate Lock. The exception pertains to the Final CD matching the Notary Date of xx/xx/xxxx. The PCCD corrects the error. Please provide LOE to cure.


Buyer Comment (2019-05-31): see lock confirmation
   02/26/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Non QM Non QM Yes
xxxx 6000032316 xxxx 12102641 6000032316-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 4.62 is less than Guideline PITIA months reserves of 6.00. Lender exception in file. Compensating factors cited were LTV 5% below program maximum and residual income above $3,500. Borrower on this alt documentation loan has a disposable income of $8,336.92.

57.9% LTV < 90% guideline max - $345,075 more equity than required by program guidelines		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-05-31): Client elects to waive. Exception waiver approval provided. Compensating factors: 57.9% LTV is less than guideline max of 90%,meaning borrower has $345,075 more equity than required; borrower has a disposable income of $8,336.92, in excess of guideline requirement.
     03/06/2019 2 B xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032316 xxxx 12102643 6000032316-25319 05/31/2019 Compliance Compliance Federal Compliance TRID Closing Disclosure Lump Sum Allocation Lump sum lender/seller credit disclosed on Closing Disclosure applied to offset non-finance charges first, then finance charges pursuant to client's election as permitted under xxxx RMBS 3.0 TRID Compliance Review Scope Version 2.0 (updated October 2018). Anti-predatory lending points and fees testing are not impacted.       Buyer Comment (2019-05-31): meets guidelines
     03/06/2019 2 B xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032316 xxxx 12102644 6000032316-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $3,430.00 exceeds tolerance of $3,030.00 plus 10% or $3,333.00. Sufficient or excess cure was provided to the borrower at Closing. (0) Sufficient cure in the amount of $97.00 was credited to borrower on final CD.         03/04/2019   1 A xx/xx/xxxx OR Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000032316 xxxx 12102646 6000032316-6520 05/31/2019 Compliance Compliance Miscellaneous Compliance Miscellaneous Compliance: Non-Material Compliance Exception:   Transfers between family members require a pay history for the seller's mortgage on the subject property. No pattern of delinquencies in the past 12 months allowed.     Reviewer Comment (2019-05-31): Received copies of canceled checks to Ocwen Loan Servicing being paid by borrower. Seller Closing Disclosure reflects Ocwen Loan Servicing being paid off. Preliminary Title did not reflect any default on mortgage or taxes.


Buyer Comment (2019-05-31): The borrower is buying the property from the mom’s estate. The borrower took care of the mom before she passed and had been making the payments.
 03/06/2019     1 A xx/xx/xxxx OR Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000031828 xxxx 12102658 6000031828-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Large Deposits LOE The EA Plus 10/18 guides Section 9.3.2 requires large deposits exceeding 50% of the Borrower's monthly income be explained via an LOE; however, the following large deposits were not explained: $8,843.54 on 6/5/2018, $7,492.62 on 9/25/2018, $8,264.39 on 10/2/2018, $8,297.07 on 11/14/2018, $9,075.79 on xx/xx/xxxx, $7,851.75 on xx/xx/xxxx, $8,172.62 on xx/xx/xxxx, $7,090.77 on xx/xx/xxxx, $7,100 on 2/2/2017, $7,684.18 on 3/13/2017, $8,000 on 7/28/2017, $7,665.50 12/19/2017, $10,856.48 on 12/27/2017, and $11,130.11 on 12/27/2017. PITIA reserves above minimum by 6 months or greater. 22.70 > 6.

DTI below max by 5% or greater. 24.7% < 43%.

Time on Job of 5 years or greater. 12.17 > 5.

FICO score above minimum by 20 points or greater. 749 > 700.		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elected to waive with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors - borrower has been in business for 12 years and deposits are consistent:
FICO score above minimum by 20 points or greater. 749 > 700.
Time on Job of 5 years or greater. 12.17 > 5.
PITIA reserves above minimum by 6 months or greater. 22.70 > 6
     03/19/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031828 xxxx 12102659 6000031828-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.05660% or Final Disclosure APR of 6.10000% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Mortgage Loan. The subject is a compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/15/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031828 xxxx 12102660 6000031828-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.05660% or Final Disclosure APR of 6.10000% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%. Compliant Higher Priced Loan. The subject is a compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/15/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000031828 xxxx 12102661 6000031828-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $645.15 due to increase in discount points. No evidence of VCC found in file justifying this increase.     Reviewer Comment (2019-05-31): VCC and interim CD dated 2/26/19 was provided for fee increase.


Buyer Comment (2019-05-31): (xxxx)American Pacific Mortgage - xxxx - 22h agoPortal
Please see previous upload regarding the increase of discount points


Reviewer Comment (2019-05-31): Received COC for loan discount fee increasing without a valid reason. Original rate lock expiration date was 3/11/19 and loan closed on 3/1/19, please provide the reason for the relock and therefore the increase of the Loan Discount Point fee.


Seller Comment (2019-05-31): Please see previous upload regarding the increase of discount points
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000031828 xxxx 12102662 6000031828-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $8,489.15 exceeds tolerance of $7,844.00. Insufficient or no cure was provided to the borrower. (7200) Fee disclosed as $7,844 on LE and as $8,489.15 on Final CD. No evidence of VCC found in file justifying this increase.     Reviewer Comment (2019-05-31): VCC and interim CD dated 2/26/19 was provided for fee increase.


Reviewer Comment (2019-05-31): Received COC for loan discount fee increasing without a valid reason. Original rate lock expiration date was 3/11/19 and loan closed on 3/1/19, please provide the reason for the relock and therefore the increase of the Loan Discount Point fee.
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032373 xxxx 12102656 6000032373-3136 05/31/2019 Compliance Compliance Federal Compliance 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. Disclosure reflects list date of 2/15/2019, however date stamped on document is xx/xx/xxxx. Application date is xx/xx/xxxx.     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Buyer Comment (2019-05-31): (xxxx)Drop Mortgage/FUNDLOANS - xxx - xx/xx/xxxx 12:21:14 PM EDTPortal
They are in the initial disclosures provided on 2/15/19. This is in compliance of 2/12/19.


Seller Comment (2019-05-31): They are in the initial disclosures provided on 2/15/19. This is in compliance of 2/12/19.
 03/19/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032373 xxxx 12102671 6000032373-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Application date xx/xx/xxxx. Disclosure provided xx/xx/xxxx.     Buyer Comment (2019-05-31): Non-material


Reviewer Comment (2019-05-31): The file does not contain evidence that disclosures were provided on xx/xx/xxxx. File contains one Home Loan Toolkit Disclosure that is time stamped 0xx/xx/xxxx, which is not within 3 business days of application on 0xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)
xxxx - xx/xx/xxxx 12:20:53 PM EDTPortal
They are in the initial disclosures provided on 2/15/19. This is in compliance of 2/12/19.


Reviewer Comment (2019-05-31): AMC received comment. The Home Loan Toolkit is dated 0xx/xx/xxxx. If available please provide documentation of earlier receipt to clear.


Seller Comment (2019-05-31): They are in the initial disclosures provided on 2/15/19. This is in compliance of 2/12/19.
     03/20/2019 2 B xx/xx/xxxx CO Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
xxxx 6000032373 xxxx 12102673 6000032373-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Documentation to support borrower 100% ownership of LLC business not confirmed. Colorado Secretary of State document in file reflects the borrower only as registered agent and does not confirm ownership.     Reviewer Comment (2019-05-31): Received copy of Article of Organization evidencing there are no other members.
 03/19/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032373 xxxx 12102674 6000032373-2906 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: HOA Questionnaire not provided   Missing verification Condo is Warrantable     Reviewer Comment (2019-05-31): Received Lender Condo Project Warranty Certification.
 03/19/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032373 xxxx 12102675 6000032373-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing business narrative which details the size/scope and operating profile of business. Lender used Fixed expense method, however no evidence if business is a service/product business or a combination of both. Nor is there any documentation reflecting the number of employees.     Reviewer Comment (2019-05-31): Received Lender’s response and comments stating the UW reviewed the Borrower business website and determined that there is no overhead expense, it is a service business run out of the home. In addition, there are no other employees, it is a single person owned business. A copy of the web pages was provided.
 03/19/2019     1 A xx/xx/xxxx CO Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102714 6000030835-4702 05/31/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation.   Missing letter from CPA and/or an underwriter's cash flow analysis of the business balance sheet to confirm withdrawal of funds will not have a negative impact on the business. Please provide a letter from borrower's CPA or cash flow analysis from the underwriter verifying use of $38,121.20 business funds for reserves will not negatively impact the business.     Reviewer Comment (2019-05-31): Received lender's liquidity cash flow analysis.


Buyer Comment (2019-05-31): (xxxx)In regards to using funds from business, there was a condition for it, however; it was cancelled as the borrowers personal account covered enough funds for reserves/funds to close. This was a rate/term refi.
 01/31/2019     1 A xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102716 6000030835-25394 05/31/2019 Credit Guideline Guideline Issue Subject property is in an ineligible geographic area. State: PA Per the EA Plus 10/18 guidelines the maximum property area allowable is 20 acres; however, the subject site size is xxxx acres. Client has approved an exception for this issue; however, no evidence found in file of Client's Eligibility Approval Waiver.Please provide verification of client's approval to this exception in order to waive this exception. FICO score above minimum by 20 points or greater: 767 vs 700

Reduction in housing payment by 10% or greater. 36.77% > 10%.

Time on Job of 5 years or greater. 16.32 > 5.

0 X 30 24 month housing history. 99 > 24.

Ownership of subject property of 5 years or greater. 17 > 5.		 Aggregator

Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Exception for xxxx acres exceeding 20 acre guideline max was waived per the client's pre-approved waiver list.
     01/23/2019 2 B xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102717 6000030835-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) The Final Closing Disclosure Section F states the Borrowers prepaid 6 months of homeowner's insurance for $1,710.85; however, the Borrower's monthly insurance premium is $142.57 and 6 months of insurance prepayment would only total $855.42.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure received.


Buyer Comment (2019-05-31): (xxxx)please see docs
   02/05/2019   2 B xx/xx/xxxx PA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030835 xxxx 12102718 6000030835-4846 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/xx/xx/xxxx) CD reflects $14,586.77, calculates to be $12,586.77. It appears Lender did not deduct $2,285.85 costs paid before closing from calculations.     Buyer Comment (2019-05-31): non-material: over-disclosed
     02/20/2019 2 B xx/xx/xxxx PA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030835 xxxx 12102719 6000030835-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 53.15518% exceeds Guideline total debt ratio of 50.00000%. Loan was approved on EA Plus Extended DTI 10/18 guidelines with a maximum DTI of 50%. Variance appears to be in the income calculations for borrower's 1120S business. Lender calculated $4,796.72 while review calculated $3,895.79 Review calculations based on 2016/2017 average of $91,550 (2017 + _$1,051 (2016) for total of $93,499 / 24 = $3,895.79. No evidence in file of lender's calculations to verify $4,796.72 income used in qualifying. FICO score above minimum by 20 points or greater: 767 vs 700

Reduction in housing payment by 10% or greater. 36.77% > 10%.

Time on Job of 5 years or greater. 16.32 > 5.

0 X 30 24 month housing history. 99 > 24.

Ownership of subject property of 5 years or greater. 17 > 5.		 Aggregator

Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
Ownership of subject property of 5 years or greater. 17 > 5.
0 X 30 24 month housing history. 99 > 24.
Time on Job of 5 years or greater. 16.32 > 5.
Reduction in housing payment by 10% or greater. 36.77% > 10%.
FICO score above minimum by 20 points or greater: 767 vs 700


Reviewer Comment (2019-05-31): Received the underwriter worksheet which reflects borrower was qualified with self-employed income of $7,846.42 averaged over 12 months using the incomplete 2017 1120S tax return. However, file also contains the full 2016 1120S return, 2017 and 2016 K-1's, and borrower's 2017 and 2016 personal tax returns and IRS transcripts. This is a full doc loan and 2 year average self-employed income is $3,895.79, which results in a DTI of 53.16%. xxxx waiver with verified compensating factors to allow a DTI above the max of 50% is required to clear this exception.


Buyer Comment (2019-05-31): (xxxx)please see income and 1008
     02/21/2019 2 B xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102720 6000030835-25029 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI over 50% due to variance in business income calculations.     Reviewer Comment (2019-05-31): Client elected to waive DTI violation with compensating factors.


Reviewer Comment (2019-05-31): This is a full doc loan and 2 year average self-employed income is $3,895.79, which results in a DTI of 53.16%. xxxx waiver with verified compensating factors to allow a DTI above the max of 50% is required to clear this exception.
 02/21/2019     1 A xx/xx/xxxx PA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
xxxx 6000030835 xxxx 12102721 6000030835-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI over 50% due to variance in business income calculations.     Reviewer Comment (2019-05-31): Client elected to waive DTI exception based on compensating factors.


Reviewer Comment (2019-05-31): This is a full doc loan and 2 year average self-employed income is $3,895.79, which results in a DTI of 53.16%. xxxx waiver with verified compensating factors to allow a DTI above the max of 50% is required to clear this exception.
 02/21/2019     1 A xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102722 6000030835-25034 05/31/2019 Compliance Compliance Federal Compliance 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 53.15518% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI over 50% due to variance in business income calculations. FICO score above minimum by 20 points or greater: 767 vs 700

Reduction in housing payment by 10% or greater. 36.77% > 10%.

Time on Job of 5 years or greater. 16.32 > 5.

0 X 30 24 month housing history. 99 > 24.

Ownership of subject property of 5 years or greater. 17 > 5.		 Aggregator

Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive with verified compensation factors.


Reviewer Comment (2019-05-31): This is a full doc loan and 2 year average self-employed income is $3,895.79, which results in a DTI of 53.16%. xxxx waiver with verified compensating factors to allow a DTI above the max of 50% is required to clear this exception.
     02/21/2019 2 B xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030835 xxxx 12102723 6000030835-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1120S (2017) It appears 2017 1120S is missing pages. Tax returns has pages 1 thru 5 along with statements 1-8. Cost of goods, form 4562, Domestic Production Activities Deduction Worksheet are not in the file. Please provide complete 2017-1120S tax returns to cure this exception.     Reviewer Comment (2019-05-31): Forms 8903, 4562 and cost of goods were all provided.


Reviewer Comment (2019-05-31): Received a duplicate 2017 1120S tax return with only 7 pages (2016 1120S return contains 30 pages). All pages of the 2017 business return are required to clear this exception.


Buyer Comment (2019-05-31): (xxxx)please see 2017 tax returns
 02/14/2019     1 A xx/xx/xxxx PA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102724 6000030031-1330 05/31/2019 Compliance Compliance Federal Compliance 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 (2019-05-31): Received evidence borrower was provided List of Homeownership Counseling Organizations within 3 days of application.
 02/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102725 6000030031-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of 2/6/2019), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, how letter to borrower did not address the error regarding the closing date. Please provide a LOE to the borrower regarding the closing date to cure this exception.     Buyer Comment (2019-05-31): non-material: Closing Date updated on PC CD. CD is marked Final and proof of delivery provided. Missing LOE for clerical update only.


Reviewer Comment (2019-05-31): LOE in file does not address the closing date as required.


Reviewer Comment (2019-05-31): Corrected CD with closing date updated and letter of explanation provided
     02/22/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030031 xxxx 12102726 6000030031-855 05/31/2019 Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: 11/10/2018
Disaster End Date: xx/xx/xxxx
Disaster Name: xxxx
Disaster Declaration Date: xx/xx/xxxx		       Reviewer Comment (2019-05-31): Lender provided Rep & Warranty that property is not in disaster area and was not damaged.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Please confirm client would like to waive exception, as EV Level will remain a 3. Waive with comp factor is not allowed on FEMA exceptions when an end date has been declared. A post-disaster inspection or Rep and Warranty of no damage is required to clear this exception.


Buyer Comment (2019-05-31): (xxxx)xxxx has reviewed and determined subject property is not located in an area impacted by the recent CA xxxx. xxxx elects to waive based on compensating factors:
PITIA reserves above minimum by 6 months or greater (20.33 vs 9 months required)
FICO score above minimum by 20 points or greater (771 vs. 700 minimum)


Reviewer Comment (2019-05-31): Received map, please provide rep and warranty that property was not damaged in FEMA disaster.
 03/05/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102731 6000030031-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Additional/xx/xx/xxxx)       Buyer Comment (2019-05-31): non-material: copy of original appraisal provided to borrower


Reviewer Comment (2019-05-31): Received evidence of borrowers receipt of appraisal however, evidence of borrower receipt of AVM and CDA were not provided.
     02/26/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102733 6000030031-3677 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan is an ATR Fail as the loan is missing third party verification of the borrower's separate schedule C business used in qualifying     Reviewer Comment (2019-05-31): Received third party verification.
 02/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
xxxx 6000030031 xxxx 12102734 6000030031-4944 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxx/Bank Statements) Missing third party verification of the borrower's separate schedule C business used in qualifying     Reviewer Comment (2019-05-31): Received third party verification.
 02/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102736 6000030031-4942 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Bank Statements Ability to Repay (Dodd-Frank 2014): Unable to verify Bank Statement income using reasonably reliable third-party records. (xxxx/Bank Statements) Missing third party verification of the borrower's separate schedule C business used in qualifying     Reviewer Comment (2019-05-31): Received third party verification.
 02/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102738 6000030031-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification of the borrower's separate schedule C business used in qualifying     Reviewer Comment (2019-05-31): Received third party verification.
 02/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102740 6000030031-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Percentage of Ownership, Third Party Verification Missing third party verification of borrower's schedule C business.     Reviewer Comment (2019-05-31): Third party verification has been provided.


Buyer Comment (2019-05-31): (xxxx)please see business license and fictitious name filing as third party verification
 02/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030031 xxxx 12102742 6000030031-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing verification of percentage of ownership for both businesses. Guidelines require ownership to be documented via a CPA letter, Operating Agreement, Business License or equivalent. File has letter from borrower attesting he is 100% owner of both businesses. No evidence of Client's Eligibility Waiver found in file approving this exception.     Reviewer Comment (2019-05-31): Verification of borrowers percentage of ownership has been provided.


Buyer Comment (2019-05-31): (xxxx)Please see Fictitious Name and SI Filing. Both were filed as individual, borrower is a sole proprietor who owns 100% of both companies
 02/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000031803 xxxx 12102741 6000031803-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a Closing Date of xx/xx/xxxx. Deed of Trust was notarized on xx/xx/xxxx. Post-closing CD dated xx/xx/xxxx disclosed the correct closing date of xx/xx/xxxx however, file is missing the required Letter of Explanation.     Buyer Comment (2019-05-31): non-material. Missing LOE for clerical update only. PC CD delivered to borrower.
     03/13/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000031803 xxxx 12102744 6000031803-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Borrower-prepared P&L Borrower was qualified with 24 months business bank statement income. Borrower-prepared P&L statement and ES worksheet were not signed by the borrower as required by EA Plus Overlay (xx/xx/xxxx).     Reviewer Comment (2019-05-31): Received P&L signed by the borrower.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000031803 xxxx 12102745 6000031803-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   File is missing the hazard insurance verifications for the borrower's investment property at xxxx and a commercial property at xxxx. Without these verifications, the DTI cannot be accurately calculated. Upon receipt of the missing insurance verifications, additional conditions may apply.     Reviewer Comment (2019-05-31): Received evidence of insurance for both properties.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000031803 xxxx 12102746 6000031803-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. Total cash out is $744,419.44 that includes the payoff of 3 non-subject mortgages. Actual cash to borrower is $310,706.44. Because the total cash out exceeds the maximum $500,000.00, EA Plus guidelines require an LTV reduction of 5%. Subject loan closed with an LTV of 70% which exceeds the maximum of 65%. FICO score above minimum by 20 points or greater; 796 vs 700 guideline minimum.

DTI below max by 5% or greater; 20.22% vs 43% guideline maximum.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Exception waived per client pre-approved exception waiver: Granted To allow 70% LTV/CLTV on EA Plus. 5% LTV exception for cash out > $500k. Cash out amount is $573k, but since borrower is paying of a non-subject mortgage, actual cash to borrower at closing will be $311k.
     03/07/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000031803 xxxx 12102747 6000031803-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) File has 2 disclosures E-signed by borrower on 2/14/19. One indicates they acknowledge receipt of the appraisal on 2/14/19( date is typed in) while the other is blank on this line.     Reviewer Comment (2019-05-31): Lender attests blank is a duplicate, borrowers receipt 2/14/19 is at least 3 days before close.


Seller Comment (2019-05-31): There is only one borrower on this file, the second copy missing the date was a duplicate.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
xxxx 6000031804 xxxx 12102702 6000031804-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received lender attestation verifying loan is ineligible for GSE delivery.


Reviewer Comment (2019-05-31): Lender's approval reflects None/Not Submitted for the AUS but the approval or 1008 do not state the reason why an AUS was not obtained as required for all loans. As of xx/xx/xxxx, still have not received an AUS or lender attestation why the AUS was not obtained, which is required to clear this exception.
 03/06/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031804 xxxx 12102704 6000031804-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.32840% or Final Disclosure APR of 6.42900% is in excess of allowable threshold of APOR 4.82% + 1.5%, or 6.32000%. Compliant Higher Priced Mortgage Loan. The APR of 6.42900% exceeds the allowable threshold of 6.32000% for the loan.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     02/25/2019 1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031804 xxxx 12102705 6000031804-25350 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.         Reviewer Comment (2019-05-31): Desk review received.
 02/27/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031804 xxxx 12102706 6000031804-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received lender's rate lock confirmation.


Seller Comment (2019-05-31): please provide copy of borrowers rate lock confirmation
 02/28/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031804 xxxx 12102707 6000031804-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet Underwriter's analysis in file reflects bank statement deposits and exclusions. No evidence of how income was calculated. It appears it was calculated using the fixed income expense method.Borrower is 100% owner, business narrative indicates 40% goods and 60% service, signed initial application reflects $17,320.80 and 1008/final application reflects $12,221. Reviewer used data reflected on the 1008 for DTI calculations.     Reviewer Comment (2019-05-31): Received income calculation worksheet.


Buyer Comment (2019-05-31): (xxxx)please see wrk sheet showing expense factor was used to qualify, 40% used per business narrative. Lender qualified at $12K a month.


Reviewer Comment (2019-05-31): Borrower was qualified with 24 months business bank statements under EA Plus (xx/xx/xxxx). Lender's income worksheet does not verify if the borrower was qualified using a P&L statement or the fixed expense ratio. File contains a business narrative but is missing a signed P&L statement. Upon receipt of the lender's qualification method, additional conditions may apply.
 03/11/2019     1 A xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031804 xxxx 12102708 6000031804-25271 05/31/2019 Credit Guideline Guideline Issue Initial Rate Minimum and/or Maximum is ineligible per guidelines. Product: 5/1 ARM;
Initial Ceiling Cap: 2.00000%;
Initial Floor Cap: 0.00000%;
Margin: 3.50000%		 Minimum interest rate floor is 3.5% per EA Plus 10/2018 guidelines. Note reflects 5.625%. Ownership of subject property of 5 years or greater; borrowers have owned the subject property since xx/xx/xxxx.

0 X 30 24 month housing history: 0 x 30 over 99 months.

DTI below max by 5% or greater: 35.76% vs 43% DTI maximum.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
DTI below max by 5% or greater: 35.76% vs 43% DTI maximum.
0 X 30 24 month housing history: 0 x 30 over 99 months.
Ownership of subject property of 5 years or greater; borrowers have owned the subject property since 03/19/2007.


Reviewer Comment (2019-05-31): Unable to clear refer to client.


Seller Comment (2019-05-31): I have been told this has been waived by secondary


Reviewer Comment (2019-05-31): Borrower was qualified under EA Plus (xx/xx/xxxx) which requires the Margin of 3.50% for the Minimum Interest Rate Floor. Note verifies the Minimum Interest Rate Floor is the subject loan note rate of 5.625%.
     03/11/2019 2 B xx/xx/xxxx CO Primary Refinance - Cash-out - Other   C B C B B A C A Non QM Non QM No
xxxx 6000031762 xxxx 12102749 6000031762-20000 05/31/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Servicing Disclosure Statement was not provided in imaged file and the Initial Loan Estimate is illegible.     Reviewer Comment (2019-05-31): Received initial LE dated 9/25/18.


Seller Comment (2019-05-31): Service Provider List and Initial LE attached.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Good faith redisclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000031762 xxxx 12102750 6000031762-3880 05/31/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $31,291.95 may be required. File contains 3 illegible Loan Estimates and two were signed by the borrower on xx/xx/xxxx and xx/xx/xxxx. The earliest Closing Disclosure is the Final Closing Disclosure dated xx/xx/xxxx, which was used as the estimated baseline for Tolerance Testing. Upon receipt of the legible Initial and revised Loan Estimates and any interim Closing Disclosures if applicable, a fee tolerance cure of up to $31,291.95 may be required.     Reviewer Comment (2019-05-31): Received initial LE dated 9/25/18.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
xxxx 6000031762 xxxx 12102751 6000031762-25503 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - Pre October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 5,688.60 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) CD used the HOI premium from the current policy of $2090.00. The renewal was provided and the new premium is $2306.00     Reviewer Comment (2019-05-31): Confirmed HOI premium of $2,090. Renewal premium was provided after closing.
 03/01/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000031762 xxxx 12102752 6000031762-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Final Closing Disclosure dated xx/xx/xxxx was signed and dated by the borrowers on xx/xx/xxxx. File contains an illegible Closing Disclosure signed by the borrowers on xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received initial CD dated 2/4/19.
 03/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
xxxx 6000031762 xxxx 12102753 6000031762-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Right to Cancel was executed by the borrowers on xx/xx/xxxx with expiration of rescission period ending on xx/xx/xxxx. Final Closing Disclosure disclosed a disbursement date of xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received PCCD dated 2/19/19 with correct disbursement date.


Seller Comment (2019-05-31): PCCD reflected correct dates. Disbursed xxxx
 03/11/2019     1 A xx/xx/xxxx CA 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 A A A C A A A Non QM Non QM Yes
xxxx 6000030856 xxxx 12102728 6000030856-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) LE issued xx/xx/xxxx was not electronically signed. Assumed date of receipt is xx/xx/xxxx which is after the initial CD dated xx/xx/xxxx     Reviewer Comment (2019-05-31): disclosure tracking details provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030856 xxxx 12102730 6000030856-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Months are not listed on the CD     Buyer Comment (2019-05-31): Non-material


Reviewer Comment (2019-05-31): Corrected CD received still need letter of explanation to borrower to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
     03/15/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030856 xxxx 12102732 6000030856-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The actual amount is $150 which is the amount the borrower was charged for the appraisal re-inspection     Reviewer Comment (2019-05-31): Change of circumstance provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030856 xxxx 12102735 6000030856-3988 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) The revised LE was not electronically received. Assumed date of receipt is xx/xx/xxxx which is less than 4 business days from closing     Reviewer Comment (2019-05-31): disclosure tracking details provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000030856 xxxx 12102737 6000030856-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) No change of circumstance was issue or cure was given for the inspection fee that was added to the revised LE in the amount of $150.     Reviewer Comment (2019-05-31): Change of circumstance provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030856 xxxx 12102739 6000030856-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing payoff statement and verification account will be closed for $100,235.48 Home Equity Line of Credit paid at closing.     Reviewer Comment (2019-05-31): Received HELOC payoff statement and signed letter to close the account.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 03/12/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000032320 xxxx 12102813 6000032320-23698 05/31/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx, Credit Report: Original // Borrower: xxxx       Reviewer Comment (2019-05-31): Received Fraud Report with all red flags cleared.


Seller Comment (2019-05-31): Data verify has been uploaded
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000032320 xxxx 12102814 6000032320-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-05-31): Received Fraud Report with all red flags cleared.


Seller Comment (2019-05-31): Fraud Uploaded
 03/19/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000032320 xxxx 12102816 6000032320-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx K-1 (2018) Lender is using borrower's K1 income for qualifying. Latest documentation is for 2017 while the loan is closing xx/xx/xxxx. Unable to determine if K1 income is still viable. DTI increases to 50.8% with the exclusion of this income.     Reviewer Comment (2019-05-31): Received evidence business is still active.


Seller Comment (2019-05-31): Uploaded proof of business is still active, K1's show % of ownership.


Reviewer Comment (2019-05-31): Unable to determine continuance of income. Remove income source and recalculate DTI to 50.80%. Please advise if Client/Lender would consider exception for DTI exceeding 50.00%.


Seller Comment (2019-05-31): K-1s and taxes aren't due to be filed until April 15th, bOth 2016 & 2017 K1's show active and inline for steady income.
 03/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000032319 xxxx 12102874 6000032319-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for homeowner's insurance under Prepaids. (Final/xx/xx/xxxx) Number of months missing on Final CD     Reviewer Comment (2019-05-31): ALetter of Explanation & Corrected Closing Disclosure were provided.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower
   03/22/2019   2 B xx/xx/xxxx NM Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032319 xxxx 12102875 6000032319-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Loan is missing a business narrative, which includes detail related to the size/scope and operating profile of the business     Reviewer Comment (2019-05-31): Business narrative has been provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/22/2019     1 A xx/xx/xxxx NM Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
xxxx 6000032312 xxxx 12102850 6000032312-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 11,845.35 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of $11,845.35 disclosed on CD based on 11 months of $1,076.85 monthly property costs . Hazard in file was $89.75, monthly, flood was $208 and taxes used were $799 from tax cert, totaling $1,076.75 x 11 = $11,844.25. Based on 1008, difference appears to be in hazard premiums, qualified at $89.85 monthly by lender.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Seller Comment (2019-05-31): Received a post-close CD dated xx/xx/xxxx which still disclosed the monthly hazard insurance premium as $89.85 which equates to $1,078.20 per year. Insurance Policy verifies the annual premium is $1,077.04 or $89.75 per month. Final CD disclosed Estimated Property Costs over Year 1 of $11,845.35; calculated Estimated Property Costs over Year 1 are $11,844.25. Revised Letter of Explanation and Corrected CD are required to cure.


Reviewer Comment (2019-05-31): Received a post-close CD dated xx/xx/xxxx which still disclosed the monthly hazard insurance premium as $89.85 which equates to $1,078.20 per year. Insurance Policy verifies the annual premium is $1,077.04 or $89.75 per month. Final CD disclosed Estimated Property Costs over Year 1 of $11,845.35; calculated Estimated Property Costs over Year 1 are $11,844.25. Revised Letter of Explanation and Corrected CD are required to cure.
   03/28/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032312 xxxx 12102851 6000032312-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $650.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) Sufficient cure was provided through closing.         03/14/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000032312 xxxx 12102852 6000032312-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx).     Reviewer Comment (2019-05-31): Received Letter of Explanation and Corrected CD required to cure.


Seller Comment (2019-05-31): Final CD was issued 3/14
   03/21/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032312 xxxx 12102854 6000032312-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/733966) CD reflects $1,076.85, calculates to be $1,076.75. Variance is due to hazard, qualified at $89.85 by lender but calculates to be $89.75. $(1,077.04 annual premium / 12).     Reviewer Comment (2019-05-31): AMC received PCCD correcting escrow amount. The CD prior to Final CD is consistent with amounts on IEADS. Exception Cleared.


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery (email to borrower is acceptable for this exception). Recession not required to be re-opened as IEAD matched the Final CD and minimal adjustment made to escrow amount


Seller Comment (2019-05-31): working on right to cancel. to follow


Reviewer Comment (2019-05-31): Received a post-close CD dated xx/xx/xxxx which still disclosed the monthly hazard insurance premium as $89.85 which equates to $1,078.20 per year. Insurance Policy verifies the annual premium is $1,077.04 or $89.75 per month. A Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable are required to cure.
 03/29/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000032312 xxxx 12102856 6000032312-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/733966) CD reflects $3,348.01, calculates to be $3,347.91. Variance is due to hazard, qualified at $89.85 by lender but calculates to be $89.75. ($1,077.04 / 12).     Reviewer Comment (2019-05-31): AMC received PCCD correcting escrow amount. The CD prior to Final CD is consistent with amounts on IEADS. Exception Cleared.


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery (email to borrower is acceptable for this exception). Recession not required to be re-opened as IEAD matched the Final CD and minimal adjustment made to escrow amount


Seller Comment (2019-05-31): working on right to cancel


Reviewer Comment (2019-05-31): Received a post-close CD dated xx/xx/xxxx which still disclosed the monthly hazard insurance premium as $89.85 which equates to $1,078.20 per year. Insurance Policy verifies the annual premium is $1,077.04 or $89.75 per month. A Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable are required to cure.
 03/29/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000032312 xxxx 12102862 6000032312-25421 05/31/2019 Credit Guideline Guideline Issue Rural property type is not permitted per Guidelines.   Subject property is designated as a rural location per appraisal. Loan approved on EA Plus Cash out Guidelines which does not allow rural locations. No evidence of client's eligibility waiver approving this exception found in file. Time on Job of 5 years or greater: 14.83 years

Ownership of subject property of 5 years or greater: 12 years

0 X 30 24 month housing history: 64 months

FICO score above minimum by 20 points or higher. 819 vs 700		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elected to waive with compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or higher. 819 vs 700
0 X 30 24 month housing history: 64 months
Ownership of subject property of 5 years or greater: 12 years
Time on Job of 5 years or greater: 14.83 years


Reviewer Comment (2019-05-31): Please advise if Client acknowledges and will provide waiver based on compensating factors.


Seller Comment (2019-05-31): From: xxxx
Sent: Friday, March 22, 2019 1:12 PM
To: xxxx <xxxx>; xxxx; xxxx <xxxx@xxxxcp.com>; xxxx; xxxx <xxxx>
Cc: Kelly Groose <kgroose@mutualmortgage.com>
Subject: RE: xxxx 12510001034 Defi @ xxxx Cap - URGENT

Hi I agree with xxxxl. This had CTC review. The uw did not request or condition for this prior to.



From: xxxx <xxxx


Reviewer Comment (2019-05-31): Per EA Plus Overlay (xx/xx/xxxx), rural properties not permitted on a primary cash-out refinance. As of xx/xx/xxxx, still have not received a client approved waiver with detailed compensating factors to allow the subject rural property.
     04/02/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032312 xxxx 12102864 6000032312-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   $164,161.68 eligible deposits for bank account #xxx is not within 10% of borrower's Gross P&L income of $57,452.20.     Reviewer Comment (2019-05-31): Received bank statement worksheet which verifies the borrower was qualified using the 20% expense factor method for a service-based company with 0 employees. After excluding 3 large deposits that were transfers from another checking account on the May, 2018 bank statement, calculated average monthly income x 80% matches the income stated on the initial 1003.


Buyer Comment (2019-05-31): (xxxx)worksheet uploaded. please see exception #11068619
 03/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032312 xxxx 12102866 6000032312-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet Missing lender's worksheet detailing deposits and exclusions for primary borrower's account #xxxx     Reviewer Comment (2019-05-31): Received bank statement worksheet which verifies the borrower was qualified using the 20% expense factor method for a service-based company with 0 employees.


Buyer Comment (2019-05-31): (xxxx)please see worksheet - please qualify at lower of Fixed Expense Ratio or P&L in file.
 03/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032312 xxxx 12102867 6000032312-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for $80,807.03 deposit reflected in account xxx on 5/9/2018. UTD if excluded by the underwriter due to missing worksheet.     Reviewer Comment (2019-05-31): Received bank statement worksheet which verifies the borrower was qualified using the 20% expense factor method for a service-based company with 0 employees. 3 large deposits on the May, 2018 bank statement were excluded as the statement verifies the deposits were transfers from another checking account. Letter of explanation is not required.


Buyer Comment (2019-05-31): (xxxx)worksheet uploaded. please see exception #11068619
 03/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032358 xxxx 12102838 6000032358-25686 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. ARM disclosure was not provided in the loan file     Reviewer Comment (2019-05-31): Received a copy of the ARM Disclosure provided at application.
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032358 xxxx 12102839 6000032358-25258 05/31/2019 Compliance Compliance Federal Compliance CHARM Booklet Provided Through Home Loan Toolkit TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet provided to the borrower through Home Loan Toolkit. CHARM booklet was not provided in the loan file.     Reviewer Comment (2019-05-31): Received evidence the CHARM booklet was provided at application.
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032358 xxxx 12102840 6000032358-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: Worst Case APOR used to complete compliance testing
     03/19/2019 2 B xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032358 xxxx 12102841 6000032358-20305 05/31/2019 Compliance Compliance Federal Compliance Self-Employed Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xx/xx/xxxx, Most Recent Tax Return End Date 12/31/2016, Tax Return Due Date xx/xx/xxxx. (xxxx/Partnership) Missing P&L for 2018. Although P&L provided is date stamped xx/xx/xxxx, the dates read from January through December 2017.     Reviewer Comment (2019-05-31): Received signed P&L statement dated through xx/xx/xxxx.
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032358 xxxx 12102842 6000032358-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 8,320.56 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of $8,3205.60 disclosed on CD based on 12 months of $693.38 monthly property costs . Hazard in file was $84 monthly and taxes used were $489.65 from tax cert, totaling $573.65 x 12 = $6,883.80. Based on 1008, difference appears to be in taxes, qualified at $609.38 monthly by lender.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102843 6000032358-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/733920) CD reflects $693.38, calculates to be $573.65. Variance due to real estate taxes qualified at $609.37 by lender and calculated at $489.65 with tax cert provided.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102844 6000032358-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/733921) CD reflects $693.38, calculates to be $573.65. Variance due to real estate taxes qualified at $609.37 by lender and calculated at $489.65 with tax cert provided.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102845 6000032358-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/733922) CD reflects $693.38, calculates to be $573.65. Variance due to real estate taxes qualified at $609.37 by lender and calculated at $489.65 with tax cert provided.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102846 6000032358-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/733923) CD reflects $693.38, calculates to be $573.65. Variance due to real estate taxes qualified at $609.37 by lender and calculated at $489.65 with tax cert provided.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102847 6000032358-4675 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/733920) CD reflects $2,852.40, calculates to be $2,732.67. Variance due to real estate taxes qualified at $609.37 by lender and calculated at $489.65 with tax cert provided.     Reviewer Comment (2019-05-31): AMC received correspondence tax amount used is 1.25%. Exception Cleared.


Buyer Comment (2019-05-31): (xxxx)Regarding the discrepancy in property tax, we used the property tax as 1.25% x the purchase amount for monthly calculation. purchase price xxxx x 1.25% = 7312.50 / 12 = 609.38
 03/21/2019     1 A xx/xx/xxxx NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032358 xxxx 12102848 6000032358-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Missing 2018 P&L. Although P&L provided is date stamped xx/xx/xxxx, the dates read from January through December 2017.     Reviewer Comment (2019-05-31): Received signed P&L statement dated through xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)2018 P&L
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000031858 xxxx 12102819 6000031858-4916 05/31/2019 Compliance Compliance Federal Compliance TRID Service Provider Timing TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application. The settlement providers list is dated 3/6/19, the initial application date is xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: seller made best efforts to delivery disclosure


Reviewer Comment (2019-05-31): Received a settlement providers list however, the date issued is blank. Please provide evidence of SSPL provided to borrower within 3 days of application date xx/xx/xxxx.
     03/27/2019 2 B xx/xx/xxxx LA Primary Purchase No Defined Cure C B C B B B A A Non QM Non QM No
xxxx 6000031858 xxxx 12102820 6000031858-23688 05/31/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The lender provided a letter from the insurance company stating the coverage amount was at least 80% of the maximum insurable value, however the coverage amount is less than the loan amount.     Reviewer Comment (2019-05-31): Received insurers replacement value, coverage is sufficient.


Seller Comment (2019-05-31): Based on Appraiser's Estimate of Replacement Cost New of $306,975.00, the insured coverage of $250,000.00 is insufficient. Provide evidence of sufficient coverage or an acceptable Replacement Cost Estimator from the Insurer of approximately $250,000.00. Coverage is short by $xxxxx


Reviewer Comment (2019-05-31): Based on Appraiser's Estimate of Replacement Cost New of $306,975.00, the insured coverage of $250,000.00 is insufficient. Provide evidence of sufficient coverage or an acceptable Replacement Cost Estimator from the Insurer of approximately $250,000.00. Coverage is short by $xxxx.


Buyer Comment (2019-05-31): (xxxx)docs uploaded
 04/01/2019     1 A xx/xx/xxxx LA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000031858 xxxx 12102821 6000031858-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Rental history evidenced by 12 months proof of payment via cancelled checks, bank debits or institutional VOR required. VOR on file is from landlord. PITIA reserves above minimum by 6 months or greater: 242.51 provided vs $0.00 required

FICO score above minimum by 20 points or greater (FICO score is 750, the minimum FICO score is 700.)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.


Reviewer Comment (2019-05-31): Exception waiver granted from client to use WVOR. Compensating factors are PITIA reserves above minimum by 6 months (363 months of reserves vs 0 required) and FICO score above minimum by 20 points or higher (750 vs 700)
     03/18/2019 2 B xx/xx/xxxx LA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000031858 xxxx 12102822 6000031858-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Inherited assets used for asset utilization loan. PITIA reserves above minimum by 6 months or greater: 242.51 provided vs $0.00 required

FICO score above minimum by 20 points or greater (FICO score is 750, the minimum FICO score is 700.)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client exception waiver on file to use inherited assets for asset utilization loan with letter from probate attorney (on file).Compensating factors are PITIA reserves above minimum by 6 months or higher (363 months of reserves vs 0 required) and FICO score above minimum by 20 points or higher (750 vs 700)
     03/18/2019 2 B xx/xx/xxxx LA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032364 xxxx 12102849 6000032364-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Paystubs Missing current paystub for borrower's 2nd job.     Reviewer Comment (2019-05-31): Received paystub for borrower's 2nd job.


Seller Comment (2019-05-31): FYI from UW- I used 2018 W2s for both of his employments as it was more conservative than the paystubs for 1/31.
 03/22/2019     1 A xx/xx/xxxx NY Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000031833 xxxx 12102899 6000031833-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/02/25/2019) File contains an appraisal delivery document dated 02/08/2019 which is prior to the the final appraisal dated 02/25/2019. File is missing evidence the borrowers signed a document at closing acknowledging a copy of the appraisal was received at least 3 business days prior to closing.     Reviewer Comment (2019-05-31): Received evidence the final appraisal was e-mailed to the borrowers on xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)CrossCountry Mortgage - Nada Tot - 21h agoPortal
Uploaded proof of appraisal xx/xx/xxxx E-mailed to borrower on 2/26/19.


Seller Comment (2019-05-31): Uploaded proof of appraisal xx/xx/xxxx E-mailed to borrower on 2/26/19.
 03/19/2019     1 A xx/xx/xxxx TN Primary Refinance - Cash-out - Other   C A C A B A A A Non QM Non QM No
xxxx 6000031833 xxxx 12102902 6000031833-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing business narrative detailing size/scope and operating profile of the business. Loan was qualified on Business Bank Statements using Fixed Expense Ratio. Lender indicates business has zero employees and offers both services and products.     Reviewer Comment (2019-05-31): Received the unsigned business narrative.


Buyer Comment (2019-05-31): (xxxx)xxxx - please see attached - expense factor was applied at the higher rate of 40%. Please satisfy.
 03/18/2019     1 A xx/xx/xxxx TN Primary Refinance - Cash-out - Other   C A C A B A A A Non QM Non QM No
xxxx 6000032360 xxxx 12102834 6000032360-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-05-31): Received the LoanSafe fraud report with the loan consultant red flag addressed with a search (no results) from XXXX


Buyer Comment (2019-05-31): (xxxx)please see fraud report
 03/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032363 xxxx 12102857 6000032363-23688 05/31/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Insurance coverage = $347,500. Loan amount = $xxx. Appraised value = $681,000. No estimated Cost New reflected. Fannie Mae requires the greater of 80% of the insured value or unpaid principal balance to be used in calculating sufficient coverage. $xxx loan amount is less than $544,800 (80% of appraised value) causing a shortage of $xxx     Reviewer Comment (2019-05-31): Received replacement cost estimator verifying sufficient coverage.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000031856 xxxx 12102855 6000031856-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing business narrative which details size/scope and operating profile of the business. Lender used Fixed Expense ratio of 60% based on service company with more than 5 employees for qualifying income calculations. Ownership of subject property of 5 years or greater; 13 years

FICO score above minimum by 20 points or greater, 801 vs 700

DTI below max by 5% or greater, 7.46% vs 43%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Per company profile, borrowers business is a productions company which puts on publicity expositions, demonstrations and promotional events. UW used fixed expense ratio for company with more than 5 employees. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater, 801 vs 700
0 X 30 24 month housing history: 99 months
Ownership of subject property of 5 years or greater; 13 years
     03/21/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000031856 xxxx 12102859 6000031856-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received verification of rate lock date.


Seller Comment (2019-05-31): please provide copy of borrowers rate lock confirmation


Reviewer Comment (2019-05-31): As of xx/xx/xxxx, still have not received the rate lock form.
 03/22/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000031856 xxxx 12102860 6000031856-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxx).     Reviewer Comment (2019-05-31): Received Letter of Explanation and Corrected CD required to cure.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower regarding clerical update
   03/21/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
xxxx 6000031856 xxxx 12102869 6000031856-25454 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Missing secondary valuation in a separate PDF file. Desk Review in file was provided with origination documents. Guidelines require a secondary valuation to be provided in trailing docs.     Reviewer Comment (2019-05-31): Received the Summit Valuation Report as a trailing document.


Buyer Comment (2019-05-31): (xxxx)please see SVR
 03/21/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000031856 xxxx 12102871 6000031856-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date 2/26/2019. Provided date 12/20/2017. Effective date xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: appraiser made clerical update that did not impact value. Borrower's received original un-revised appraisal.


Reviewer Comment (2019-05-31): The Lender is required to provided the borrower with the latest revision of valuation within timing requirements. The borrower was not provided the final version dated 2/26/2019.


Reviewer Comment (2019-05-31): As of xx/xx/xxxx, still have not received evidence borrowers were provided and received a copy of the final appraisal at least 3 business days prior to closing.
     03/25/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B B C A Non QM Non QM No
xxxx 6000030840 xxxx 12102938 6000030840-2834 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided         Reviewer Comment (2019-05-31): Received Flood Cert.


Buyer Comment (2019-05-31): (xxxx)Flood cert uploaded
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000030840 xxxx 12102940 6000030840-5731 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Desk Review value is less than Appraised value by at least 10%.   Desk Review value variance was -17.80%, exceeded maximum of 10%. An additional Desktop Reconciliation Report was provided with a variance of -6.52%. Client to advise if additional valuation will be required. purchase price of $xxxx used for LTV calculations.     Reviewer Comment (2019-05-31): Reconciliation report was provided with an acceptable variance.


Buyer Comment (2019-05-31): (xxxx)please clear. Reconciliation report is part of xxxx valuation steps when Desk Review comes out of tolerance.
 03/20/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000030840 xxxx 12102941 6000030840-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $4,800.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) TheNon-Escrowed Property Costs over Year 1 of $4,800.00 Disclosed on CD based on 12 months of $400 monthly HOA fees. HOA fees per appraisal and HOA docs reflect $440 monthly dues which calculate to be $5,280 annually. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): AMC received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-05-31): (xxxx)Please reference page 4 of PCCD and LOE to the borrower
   03/20/2019   2 B xx/xx/xxxx NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000030840 xxxx 12102942 6000030840-4910 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Change - Down Payment TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/xx/xx/xxxx) Closing Disclosure reflects ($350,000) for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes. Data is still not accurate on subsequent disclosure.     Buyer Comment (2019-05-31): non-material: clerical update only.
     03/25/2019 2 B xx/xx/xxxx NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000030840 xxxx 12102943 6000030840-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Additional/0xx/xx/xxxx) Missing evidence a copy of the Desk Review dated xx/xx/xxxx was provided to the borrower 3 business days prior to closing.     Buyer Comment (2019-05-31): non-material. borrower received copy of Appraisal.
     03/25/2019 2 B xx/xx/xxxx NC Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000030840 xxxx 12102944 6000030840-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date 2/22/2019. Provided date xx/xx/xxxx. Effective date xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received evidence appraisal provided to borrower 2/22/19.


Buyer Comment (2019-05-31): (xxxx)2/22 proof of appraisal delivery uploaded
 03/22/2019     1 A xx/xx/xxxx NC Primary Purchase   C B C A C B C A Non QM Non QM No
xxxx 6000030840 xxxx 12102945 6000030840-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Appraisal Review and Investor Review fee paid to Lender.     Reviewer Comment (2019-05-31): data was corrected on subsequent CD
   03/17/2019   2 B xx/xx/xxxx NC Primary Purchase Good Faith Redisclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000032491 xxxx 12102881 6000032491-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-05-31): Received SSN verification and AKA affidavit verifying identity.


Seller Comment (2019-05-31): Please see LOE addressing identity issue. Please also see aka affidavit in closing package.


Reviewer Comment (2019-05-31): Received Fraud Report. Red Flag on Identity Issue was not addressed.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/28/2019     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032491 xxxx 12102886 6000032491-25399 05/31/2019 Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   Missing verification of housing history. Although the final application does not indicate any housing payment, EA Plus guidelines require a rent free letter in lieu of 12 month housing history.     Reviewer Comment (2019-05-31): Received Rent Free Letter.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/27/2019     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032491 xxxx 12102887 6000032491-25367 05/31/2019 Compliance Compliance Federal Compliance Disparity in Occupancy - High Cost The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home) The initial and final 1003 page 4 declarations section both state the Borrower intends to occupy the subject property as their primary residence.     Reviewer Comment (2019-05-31): Updated 1003 reflects second home, and occupancy certification also reflects second home.


Seller Comment (2019-05-31): Please see 1003 uploaded 03/*26
 03/27/2019     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032491 xxxx 12102890 6000032491-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final CD states that closing would occur on xx/xx/xxxx; however, closing actually occurred on xx/xx/xxxx.Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): Client elects to waive.


Seller Comment (2019-05-31): This is pretty standard for a WET state. There was no compliance issue. Please waive condition.
Docs were sent out on 3/7 as that is the first day the borrower could sign. We have no control over when the borrower actually consummates the loan docs.
     03/27/2019 2 B xx/xx/xxxx AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032491 xxxx 12102891 6000032491-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided. 1008 indicates loan was manually underwritten due to non-agency, however no reason given as to why it does not qualify for GSE delivery.     Reviewer Comment (2019-05-31): Loan approved under bank statement program, ineligible for Agency.


Buyer Comment (2019-05-31): (xxxx)Borrower was qualified using business bank statements. Loan is ineligible for GSE delivery due to doc type. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 786 > 720.
178 months verified reserves
$20346 monthly residual income
 03/27/2019     1 A xx/xx/xxxx AZ Second Home Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030850 xxxx 12102971 6000030850-23931 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary       Reviewer Comment (2019-05-31): Final Title Policy has been provided.
 02/14/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030850 xxxx 12102972 6000030850-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The Final CD shows a closing date of xx/xx/xxxx, however, the Note date and the date the borrower signed the CD reflect 0xx/xx/xxxx. Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file. Please provide LOE to borrower to cure this exception.     Reviewer Comment (2019-05-31): AMC received LOE. Exception Cured.


Buyer Comment (2019-05-31): (xxxx)please see docs
   03/11/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030850 xxxx 12102975 6000030850-4925 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Security Interest TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx disclosed the address for which the consumer is granting a security interest that does not match the collateral address for the loan. (Final/xx/xx/xxxx) The Security Instrument, Note and all closing Docs reflect a zip code of xxxx which appears to be the zip code from borrower's previous address in xxxx. Subject property is in xxxx which has a zip code of xxxx which is reflected on the Appraisal, Insurance docs, Tax Certs, Fraud Report and is also indicated on zip code look up. Please provide a corrected CD and an LOE to the borrower to cure this exception.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
   02/14/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030850 xxxx 12102982 6000030850-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $545.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           02/04/2019   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
xxxx 6000030850 xxxx 12102983 6000030850-23386 05/31/2019 Credit System General 1003 Subject Address does not match Note address.   The Security Instrument, Note and all closing Docs reflect a zip code of xxxx which appears to be the zip code from borrower's previous address in xxxx. Subject property is in xxxx which has a zip code of xxxx which is reflected on the Appraisal, Insurance docs, Tax Certs, Fraud Report and is also indicated on zip code look up. Please provide a corrected Note signed by the borrower to cure this exception.     Reviewer Comment (2019-05-31): Received corrected and signed Note with the correct zip code of xxxx.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): As of xx/xx/xxxx, still have not received a corrected and executed Note with the correct zip code of xxxx.
 03/20/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000030850 xxxx 12102985 6000030850-535 05/31/2019 Credit Loan Package Documentation Closing / Title Security Instrument Error: Zip is blank was not provided   The Security Instrument, Note and all closing Docs reflect a zip code of xxxx which appears to be the zip code from borrower's previous address in xxxx. Subject property is in xxxx which has a zip code of xxxx which is reflected on the Appraisal, Insurance docs, Tax Certs, Fraud Report and is also indicated on zip code look up. Please provide a corrected Security Instrument along with an attestation of re-recording to cure this exception.     Reviewer Comment (2019-05-31): Received revised Deed of Trust and title company intent to re-record with the corrected zip code.


Buyer Comment (2019-05-31): (xxxx)please see attached recorded DOT. LOI is not required DOT/mortgage has successfully re-recorded.


Reviewer Comment (2019-05-31): Received the Deed of Trust with the zip code X'D out and typed in a different font. This change was initialed by the borrower. Attached to the revised Deed of Trust are 2 recording documents. Recording page #1 is dated xx/xx/xxxx and belongs to the original Deed of Trust. Recording page #2 does not have a document date and does not state that the mortgage will be re-recorded with the changes made. An attestation of re-recording for the zip code change is required to clear this exception.


Buyer Comment (2019-05-31): (xxxx)please see docs.


Reviewer Comment (2019-05-31): Received a duplicate of Security Instrument previously submitted, please provide a corrected Security Instrument along with an attestation of re-recording


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102917 6000032353-5322 05/31/2019 Compliance Compliance Federal Compliance TRID Alternate Table Usage TILA-RESPA Integrated Disclosure – Costs at Closing/ Calculating Cash to Close: Alternate tables not used consistently throughout the transaction. The Post Closing CD on xx/xx/xxxx showing the $585,961.76 cash to close on page 1, used an alternate Calculating Cash to Close table than the other 2 provided CDs.     Reviewer Comment (2019-05-31): An updated post closing CD was issued with the correct calculating cash to close table
   03/19/2019   2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032353 xxxx 12102918 6000032353-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The Closing date on the final CD is shown as 2/28/19, the post close CD and notary date updated the closing date to 3/4/19.     Reviewer Comment (2019-05-31): Updated CD and letter of explanation provided to the borrower to cure exception
   03/19/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032353 xxxx 12102919 6000032353-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) The seller paid prepaid property taxes in section F on the borrowers final CD did not disclose the amount of months.     Reviewer Comment (2019-05-31): An updated CD reflecting 6 months prepaid property taxes and letter of explanation provided to the borrower. Sufficient documentation to cure
   03/19/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032353 xxxx 12102920 6000032353-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. The Home Loan Toolkit was not provided in the file.     Reviewer Comment (2019-05-31): document tracking summary provided disclose when toolkit sent


Seller Comment (2019-05-31): Please see initial disclosure tracking.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102922 6000032353-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/xx/xx/xxxx) Final CD issued 2/28/2019 was not provided a minimum of 3 business days prior to closing date of xx/xx/xxxx.     Reviewer Comment (2019-05-31): Initial CD provided


Seller Comment (2019-05-31): Please see Initial CD provided with Tracking.
 03/21/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102923 6000032353-25029 05/31/2019 Compliance Compliance Federal Compliance 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. Loan is an ATR risk vs. Non QM as the lender did not include the fully amortized employer assistance program payment in calculations.     Reviewer Comment (2019-05-31): waived with compensating factors per preapproved waiver.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
xxxx 6000032353 xxxx 12102924 6000032353-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 51.20620% exceeds Guideline total debt ratio of 43.00000%. Lender used interest only payment of $291.25 for employer assistance plan payment vs. using the fully amortized payment of $1,320.99. Using the full amortized payment increases the DTI to 45%. DTI exception waiver on file however it is to allow 85% LTV for 43-50% DTI. Job stability of 5 years or more, the borrower has been employed with the same employer for over 22 years.

PITIA reserves above minimum by 6 months or higher, the borrower provided 61 months of reserves, the minimum reserves required is 12 months.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Rewaiving


Reviewer Comment (2019-05-31): final DTI was 45.7, exception waiver was included for 2.7%. Waiver is now acceptable.


Reviewer Comment (2019-05-31): Per Lender's guidelines, employer assistance loan does not need to be qualified on P&I payments. However, DTI still exceeds 43%. A waiver for DTI was not located.


Seller Comment (2019-05-31): Please see rebuttal page provided.
     03/27/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102925 6000032353-5695 05/31/2019 Compliance Compliance Federal Compliance 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. The loan is an ATR risk as the lender used interest only payment of $291.25 for employer assistance plan payment vs. using the fully amortized payment of $1,320.99, which increased the DTI ratio above guidelines.     Reviewer Comment (2019-05-31): DTI difference was within tolerance of clients 2.7 DTI waiver.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102926 6000032353-25035 05/31/2019 Compliance Compliance Federal Compliance General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.20620% significantly exceeds the guideline maximum of 43.00%. (DTI Exception cannot be compensated to a lower grade.) Lender used interest only payment of $291.25 for employer assistance plan payment vs. using the fully amortized payment of $1,320.99. Using the full amortized payment increases the DTI ratio to above the guideline. DTI exception waiver on file however it is to allow 85% LTV for 43-50% DTI.     Reviewer Comment (2019-05-31): Per Lender's guidelines, employer assistance loan does not need to be qualified on P&I payments. However, DTI still exceeds 43%. A waiver for DTI was not located.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102928 6000032353-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Primary residence is listed on the 1003 for both borrower and co-borrower on page 1 and page 4. However, co-borrower is listed as co-mortgagor on the 1008.     Reviewer Comment (2019-05-31): Received corrected 1008.


Seller Comment (2019-05-31): Please see revised 1008.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032353 xxxx 12102929 6000032353-25034 05/31/2019 Compliance Compliance Federal Compliance 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 45.34167% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) Per Lender's guidelines, employer assistance loan does not need to be qualified on P&I payments. However, DTI still exceeds 43%. A waiver for DTI was not located. Job stability of 5 years or more, the borrower has been employed with the same employer for over 22 years.

PITIA reserves above minimum by 6 months or higher, the borrower provided 61 months of reserves, the minimum reserves required is 12 months.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): waived with compensating factors per preapproved waiver.
     03/26/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102946 6000030016-2842 05/31/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided   Loan file did not contain the homeowners insurance for the subject property     Reviewer Comment (2019-05-31): Received the Hazard Insurance Policy.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102947 6000030016-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Loan file did not contain a Fraud Report     Reviewer Comment (2019-05-31): Received Drive fraud report.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102948 6000030016-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Loan file did not contain the AUS or attestation why loan did not qualify for conventional financing     Reviewer Comment (2019-05-31): Received lender attestation for why no AUS was obtained.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102949 6000030016-842 05/31/2019 Credit Insurance Insurance Documentation Hazard Insurance Error: Subject hazard insurance policy effective date is missing from evidence of insurance.   Loan file did not contain a copy of the homeowner's insurance policy for the subject property     Reviewer Comment (2019-05-31): Received the Hazard Insurance Policy.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102950 6000030016-844 05/31/2019 Credit Insurance Insurance Documentation Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance.   Loan file did not contain a copy of the homeowner's insurance policy for the subject property     Reviewer Comment (2019-05-31): Received the Hazard Insurance Policy.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102952 6000030016-23688 05/31/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Loan file did not contain a copy of the homeowner's insurance policy for the subject property. Unable to confirm coverage amount     Reviewer Comment (2019-05-31): Received the Hazard Insurance Policy.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102954 6000030016-25344 05/31/2019 Credit Document Error General Note terms reflect Interest Only. Interest-Only Rider was not checked on the Security Instrument screen. Correct data or set exception.   Loan note provided the details regarding the interest only portion of the loan, CD's in file also indicated the interest only period to be 10 years     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Buyer Comment (2019-05-31): (xxxx)IO rider is no longer a requirement to DOT/Security Instrument.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102955 6000030016-23698 05/31/2019 Credit Credit Credit Documentation No evidence of fraud report in file Credit Report: Original // Borrower: xxxx The loan file did not provide a fraud report     Reviewer Comment (2019-05-31): Received Drive fraud report.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102959 6000030016-843 05/31/2019 Credit Insurance Insurance Documentation Hazard Insurance Error: Subject hazard insurance policy expiration date is missing from evidence of insurance.   Loan file did not contain a copy of the homeowner's insurance policy for the subject property     Reviewer Comment (2019-05-31): Received the Hazard Insurance Policy.
 01/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000030016 xxxx 12102961 6000030016-4433 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow - Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan will have an escrow account. (Final/xx/xx/xxxx) CD's provided indicate there will be no escrows however do not advise if the lender does not provide or if the borrower declined escrows. Letter of explanation and post closing CD required to cure     Reviewer Comment (2019-05-31): Received Corrected PCCD, and Letter to the borrower explaining the error.
   02/01/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030016 xxxx 12102963 6000030016-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) No cure amount disclosed on the LE. LE provided on 12/3 indicated an appraisal cost of $600, LE provided on 12/14 indicated an appraisal cost of $625 without a valid change of circumstance. Letter of explanation and post closing CD required to cure     Reviewer Comment (2019-05-31): Received Correct PCCD, Letter to the borrower explaining the error, copy of the check for $25.00 and FedEx Tracking confirming delivery to Borrower on xx/xx/xxxx.
   02/01/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000030016 xxxx 12102964 6000030016-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506) LE provided on 12/3 indicated an appraisal cost of $600, LE provided on 12/14 indicated an appraisal cost of $625 without a valid change of circumstance. Proof of delivery, refund check, letter of explanation and post closing CD required to cure.     Reviewer Comment (2019-05-31): Received Correct PCCD, Letter to the borrower explaining the error, copy of the check for $25.00 and FedEx Tracking confirming delivery to Borrower on xx/xx/xxxx.
   02/01/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000030016 xxxx 12102965 6000030016-24221 05/31/2019 Compliance Compliance Federal Compliance TRID Post Close Closing Disclosure Total Of Payments Test Rescindable Transactions TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Total of Payments of $2,691,163.53 disclosed on the Final Closing Disclosure dated xx/xx/xxxx is inaccurate by more than $35 compared to the Total of Payments calculated based on fees disclosed on the Post Closing Disclosure of $2,691,211.76 provided on xx/xx/xxxx, a difference of $48.23000. (Post-Close/xx/xx/xxxx) Final Closing Disclosure dated xx/xx/xxxx is inaccurate by more than $35. PCCD issued xx/xx/xxxx disclosed Total of Payments of $2,691,211.76, compared to Final CD which disclosed $2,691,163.53.     Reviewer Comment (2019-05-31): 02/08/2019 PC-CD provided exception cleared will address new PC-CD
 02/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term 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 A A Non QM Non QM Yes
xxxx 6000030016 xxxx 12102966 6000030016-24221 05/31/2019 Compliance Compliance Federal Compliance TRID Post Close Closing Disclosure Total Of Payments Test Rescindable Transactions TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Total of Payments of $2,691,163.53 disclosed on the Final Closing Disclosure dated xx/xx/xxxx is inaccurate by more than $35 compared to the Total of Payments calculated based on fees disclosed on the Post Closing Disclosure of $2,691,211.76 provided on 02/08/2019, a difference of $48.23000. (Post-Close/02/08/2019) AMC received PC-CD dated 02/08/2019, LOE to borrower, Proof of Delivery and Cure Check for $35. The required cure for the Total of Payments exception is $48.23. In addition recession is required to be re-opened. Please provide the following documents: Corrected CD, Additional Cure Check for $13.23 ($35 has already been provided), LOE to borrower, Re-open Recession and Proof of Delivery.     Reviewer Comment (2019-05-31): Final Settlement Statement provided confirms fees.


Buyer Comment (2019-05-31): (xxxx)please see final alta settlement statement


Seller Comment (2019-05-31): The tolerance cure provided on the PCCD dated xx/xx/xxxx was for the zero tolerance cure for the Appraisal Fee and does not include the TOP difference violation. If the fee changes on the PCCD were not known until the time of the closing a refund is not due and may be cleared with a copy of the Final ALTA Settlement Statement to verify the fees charged at closing. However, if the fee changes were due to an error on Lender's part a refund is due. A partial refund is not allow to cure, a full refund of $48.23 is required.


Reviewer Comment (2019-05-31): The tolerance cure provided on the PCCD dated xx/xx/xxxx was for the zero tolerance cure for the Appraisal Fee and does not include the TOP difference violation. If the fee changes on the PCCD were not known until the time of the closing a refund is not due and may be cleared with a copy of the Final ALTA Settlement Statement to verify the fees charged at closing. However, if the fee changes were due to an error on Lender's part a refund is due. A partial refund is not allow to cure, a full refund of $48.23 is required.


Buyer Comment (2019-05-31): (xxxx)Please see attached seller response.
 02/20/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term 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 A A Non QM Non QM Yes
xxxx 6000032349 xxxx 12102989 6000032349-25454 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-05-31): Desk review was received.
 03/13/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12102992 6000032349-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.44270% or Final Disclosure APR of 6.45200% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan.
     03/11/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12102993 6000032349-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.44270% or Final Disclosure APR of 6.45200% is in excess of allowable threshold of APOR 4.67% + 1.5%, or 6.17000%. Compliant Higher Priced Loan. Compliant Higher Priced Loan     Reviewer Comment (2019-05-31): Compliant Higher Priced Loan.
     03/11/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12102994 6000032349-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $2,013.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed Non-Escrowed Property Costs over Year 1 of $2,013.00. Per the appraisal, the monthly HOA dues are $168.00, which equates to calculated Non-Escrowed Non-Escrowed Property Costs over Year 1 of $2,016.00. No evidence found in file verifying lender's calculations of $167.75 monthly dues. Data is still not accurate on subsequent CD.     Reviewer Comment (2019-05-31): Received evidence of HOA dues as used by lender.


Buyer Comment (2019-05-31): (xxxx)please see HOA cert showing monthly dues of $167.75 for unit


Reviewer Comment (2019-05-31): As of 4/1/2019 corrected CD or evidence verifying lenders calculation has not been provided.
 04/02/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000032349 xxxx 12102998 6000032349-25686 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. Subject loan is a 5/1 year ARM.     Reviewer Comment (2019-05-31): ARM Disclosure has been provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/22/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12103001 6000032349-4357 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed the lender will not allow the loan to be Assumed however, the Note contains an Assumption Clause. Data is still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure was provided.
   04/01/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
xxxx 6000032349 xxxx 12103004 6000032349-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst-case APOR used to complete compliance testing


Reviewer Comment (2019-05-31): As of 4/1/2019 rate lock has not been provided.
     04/02/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12103006 6000032349-2906 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: HOA Questionnaire not provided   Subject property is located in a condo project however, file is missing the Condo Questionnaire to verify warrantability as required by EA Plus Overlay (xx/xx/xxxx).     Reviewer Comment (2019-05-31): Received HOA questionnaire.
 04/01/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12103008 6000032349-4702 05/31/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation. Financial Institution: xxxx / End Date: 0xx/xx/xxxx // Account Type: Funds from Business Account / Account Number: xxx Missing 1 month statement for account 8928 File has xx/xx/xxxx statement, however 2 months are required. Without use of funds, borrower would have 4.72 months reserves versus 6 month required on EA Plus Guidelines.     Reviewer Comment (2019-05-31): Assets were recalcaulated without missing account and exception was issued for short reserves. This exception is no longer valid.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032349 xxxx 12103010 6000032349-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 4.71 is less than Guideline PITIA months reserves of 6.00. Missing 1 month statement for account 8928 File has xx/xx/xxxx statement, however 2 months are required. Without use of funds, borrower would have 4.72 months reserves versus 6 month required Borrower has a disposable income of $5,358.60 vs. EA Plus requirement of $1,550.00 for an unmarried borrower with no dependents.

FICO score above minimum by 20 points or greater; 725 vs 700 EA Plus 12 Month P&L Overlay (12/17/18).		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Account 9828 not being used for reserves due to missing statement has an additional $23,317 in account. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater; 725 vs 700 EA Plus 12 Month P&L Overlay (12/17/18).
Borrower has a disposable income of $5,358.60 vs. EA Plus requirement of $1,550.00 for an unmarried borrower with no dependents.


Reviewer Comment (2019-05-31): As of 4/1/2019 second months bank statement has not been provided.
     04/02/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B C A Non QM Non QM No
xxxx 6000032321 xxxx 12102995 6000032321-6295 05/31/2019 Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act – Loan Estimate provided on xx/xx/xxxx was electronically provided prior to borrower's consent to receive electronic disclosures. Disclosure will not be used to rebaseline for tolerance purposes and may result in disclosure timing violations. Initial LE sent electronically prior to esign consent may result in a fee tolerance violation of up to $8,948.00. (Initial/xx/xx/xxxx) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Initial Loan Estimate sent electronically prior to e-sign consent may result in a fee tolerance violation of up to $8,948.00.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-sign consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000032321 xxxx 12102997 6000032321-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $147.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12102999 6000032321-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $895.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103000 6000032321-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $495.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7334) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103002 6000032321-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $725.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received Proof of Delivery. Exception Cured.


Seller Comment (2019-05-31): Uploaded proof of UPS package in transit to borrower


Reviewer Comment (2019-05-31): Letter of Explanation, Shipping Label, Copy of Refund Check, and Corrected CD provided. Please provide confirmation the package has shipped. Per UPS website the label has been created but has not shipped to the borrower.


Seller Comment (2019-05-31): Uploaded PCCD, LOE, copy of the refund check and created UPS Label. Please review uploaded documents and let me know if PCCD is approved or advise of any corrections that needs to be done. I will send you a proof of delivery to borrower when I receive approval from you.


Reviewer Comment (2019-05-31): The Appraisal Fee increased from $700 to $725 on the initial CD without a valid change of circumstance. Please provide COC or corrected CD, Refund Check, LOE, and Proof of Delivery to cure.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
   04/01/2019   2 B xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103003 6000032321-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $78.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103005 6000032321-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $8.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): AMC received screenshot indicating E Consent was accepted when LE was sent. Exception Cleared.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.


Reviewer Comment (2019-05-31): AMC received E Consent dated xx/xx/xxxx. The LE was electronically signed on xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded e-consent
 03/25/2019     1 A xx/xx/xxxx MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103007 6000032321-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Initial Loan Estimate dated xx/xx/xxxx was electronically signed by the borrowers on xx/xx/xxxx however, the borrowers did not sign the consent to electronic disclosures until xx/xx/xxxx. Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Seller Comment (2019-05-31): Uploaded PCCD, Letter of explanation, copy of the refund check and created UPS Label. Please review uploaded docs and let me know if PCCD is approved or advise of any corrections. I will send you a proof of delivery to borrower when approval from you is received.


Reviewer Comment (2019-05-31): The Appraisal Fee increased from $700 to $725 on the initial CD without a valid change of circumstance. Please provide COC or corrected CD, Refund Check, LOE, and Proof of Delivery to cure.


Seller Comment (2019-05-31): According our compliance and attached disclosure tracking, borrower has accepted the econsent at the date when eDisclosures were sent on xx/xx/xxxx.. However, on xx/xx/xxxx Interest rate lock in agreement was sent to borrower electronically and borrower accidently accepted econsent again. Our system automatically changed the date of econsent to xx/xx/xxxx. Per our compliance, borrower would not be able to open and e-sign provided disclosures on the xx/xx/xxxx if they have not accepted the econsent at the same time. If you can please review this again.


Reviewer Comment (2019-05-31): AMC received the Disclosure Tracking supporting the E Consent document the E Consent were completed xx/xx/xxxx. Exception Stands.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing headings of columns


Reviewer Comment (2019-05-31): AMC received trailing document. Please provide whole page for review (showing headings of columns). It appears to indicate E consent was accepted and lists dates regarding updates in loan data. Please provide E Consent with date referenced on trailing document.


Seller Comment (2019-05-31): Uploaded eConsent screen shot showing borrower has accepted e-sign consent prior to initial LE issued and received.
   03/28/2019   2 B xx/xx/xxxx MT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032321 xxxx 12103011 6000032321-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $725.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower. (7506) Letter of Explanation, Shipping Label, Copy of Refund Check, and Corrected CD provided. Please provide confirmation the package has shipped. Per UPS website the label has been created but has not shipped to the borrower.     Reviewer Comment (2019-05-31): AMC received Proof of Delivery. Exception Cured.
   04/01/2019   2 B xx/xx/xxxx MT Primary Purchase   C B A A C B A A Non QM Non QM Yes
xxxx 6000034496 xxxx 12103023 6000034496-25293 05/31/2019 Credit Guideline Guideline Issue Margin is ineligible per guidelines. Product: 5/1 ARM; Margin: 3.75000% Subject 5-year ARM loan was qualified under EA Plus (xx/xx/xxxx) Overlay, which requires a Margin of 3.50%. Note verifies the Margin is 3.75%. Residual income $4,000 greater than minimum requirement: $4,782.54 vs $2,800

0 X 30 24 month housing history: 30 months

FICO score above minimum by 20 points or greater. 732 vs 700		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. 732 vs 700
38.064% DTI
$4782.54 verified residual income
$14932 in verified reserves
     03/20/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034496 xxxx 12103024 6000034496-7087 05/31/2019 Compliance Compliance Federal Compliance RESPA - Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Final Closing Disclosure disclosed escrows for taxes and insurance however, file is missing the Initial Escrow Account Statement. Upon receipt of the Initial Escrow Account Statement. , additional conditions may apply.     Reviewer Comment (2019-05-31): Received the Initial Escrow Account Statement signed by the borrowers at closing.


Buyer Comment (2019-05-31): (xxxx)Signed Initial Escrow Account Disclosure Statement
 03/20/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM Yes
xxxx 6000034496 xxxx 12103026 6000034496-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Per documentation in file, the borrowers received a copy of the appraisal on xx/xx/xxxx, which is prior to the final appraisal report date of xx/xx/xxxx. Evidence borrowers received a copy of the final appraisal was not provided.     Reviewer Comment (2019-05-31): Received Disclosure Tracking. Appraisal was sent to borrower within required timing.


Buyer Comment (2019-05-31): (xxxx)Additional Proof of borrower's receipt of revised appraisal report 2 14 2019


Reviewer Comment (2019-05-31): Proof borrower received revised report on xx/xx/xxxx was not located. Please upload.


Seller Comment (2019-05-31): Additional Proof of borrower's receipt of revised appraisal report 2 14 2019
 03/21/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034496 xxxx 12103029 6000034496-5012 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Closing Costs Exceeds Limits Amount TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a tolerance cure of $104.50 on page 3 in the Calculating Cash to Close Table however, did not disclose the tolerance cure on page 2, Section J. Post-closing CD dated xx/xx/xxxx disclosed the correct tolerance cure in Section J. however, file is missing the required Letter of Explanation.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   03/21/2019   2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034496 xxxx 12103030 6000034496-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $610.00 exceeds tolerance of $485.00. Insufficient or no cure was provided to the borrower. (7506) Fee disclosed as $485 on xx/xx/xxxx LE and as $610 on Final CD. No evidence of VCC found in file to justify this increase.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Seller Comment (2019-05-31): Cost of cure of $125 for appraisal fee (refund check with LOE & fedx tracking). Cost of cure for transfer tax of $104.50 was applied as part of the Lender Credit at funding & disbursed by escrow by applying to closing costs.
   03/21/2019   2 B xx/xx/xxxx FL 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
xxxx 6000034496 xxxx 12103031 6000034496-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,402.50 exceeds tolerance of $1,298.00. Insufficient or no cure was provided to the borrower. (8304) Transfer Taxes were disclosed as $1,298.00 on the Initial Loan Estimate dated xx/xx/xxxx, but disclosed as $1,402.50 on the Final Closing Disclosure. A tolerance cure of $104.50 was disclosed on the Final Closing Disclosure on page 3 but not on page 2. The cure amount is sufficient to cover the increase of $104.50 and was disclosed in the correct sections of the the post-closing CD dated xx/xx/xxxx however, file is missing the required Letter of Explanation, verified Proof of Delivery, and Copy of Refund Check for $104.50.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower


Buyer Comment (2019-05-31): (xxxx)please see docs
   03/21/2019   2 B xx/xx/xxxx FL 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
xxxx 6000034496 xxxx 12103032 6000034496-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $229.50. Due to increase in tolerance and appraisal fees.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower


Seller Comment (2019-05-31): The documents uploaded covers 2 of the TRID zero tolerance violation for the cost of cure of the increase in the appraisal fee for $125. Total cost of cure refunded the borrowers is $229.50 - $104.50 transfer tax refund was applied with the Lender Credit at the loan's closing & disbursed by escrow by applying to the borrowers' closing cost. We are sending the appraisal fee cost of cure for $125 by check via fedx.
   03/21/2019   2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034496 xxxx 12103033 6000034496-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.01860% or Final Disclosure APR of 7.02100% is in excess of allowable threshold of APOR 4.82% + 1.5%, or 6.32000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/17/2019 1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034496 xxxx 12103034 6000034496-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing 12 months cancelled checks verifying $700 rental payments. VOR from private landlord (co-borrower) indicates borrower pays $400 monthly since 8/20/2014. Application indications borrower pays $1.00. guidelines require cancelled checks for private landlord or a rent free letter if borrower is living rent free. Residual income $4,000 greater than minimum requirement: $4,782.54 vs $2,800

0 X 30 24 month housing history: 30 months

FICO score above minimum by 20 points or greater. 732 vs 700		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)B1 is the son of B2/B3 (2nd application). Per the LOE in the file B1 pays rent to his parents in cash. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. 732 vs 700
38.064% DTI
$4782.54 verified residual income
$14932 in verified reserves
     03/20/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034496 xxxx 12103035 6000034496-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $610.00 exceeds tolerance of $485.00. Sufficient or excess cure was provided to the borrower. (7506) Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower
   03/21/2019   2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM Yes
xxxx 6000034496 xxxx 12103036 6000034496-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,402.50 exceeds tolerance of $1,298.00. Sufficient or excess cure was provided to the borrower. (8304) Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided. The transfer tax cure was confirmed from PC-CD dated xx/xx/xxxx and Closing Statement showing cure provided to borrower
   03/21/2019   2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM Yes
xxxx 6000034480 xxxx 12103013 6000034480-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Missing P&L. Per guidelines, Two years personal & business tax returns and YTD P&L are required from any businesses being used for qualification where the borrower has 25% or more ownership interest on full doc program.     Reviewer Comment (2019-05-31): P&L Statement not required, 1040’s are < 90 days at application


Seller Comment (2019-05-31): The earliest a P&L would be required would be 4/30 for 1st quarter. We haven't hit that mark yet so it shouldn't be required in this case. 2017/2018 Personal and Business Returns are in the file.
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000031840 xxxx 12103016 6000031840-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received Rate Locks.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031840 xxxx 12103017 6000031840-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $2,597.60. Due to increase in discounts points with no evidence of VCC found in file.     Reviewer Comment (2019-05-31): Received a VCC for the addition of the discount points.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031840 xxxx 12103019 6000031840-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,597.60 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee not disclosed on LE and disclosed as $2,597.60 on Final CD. No evidence of VCC found in file to justify this increase.     Reviewer Comment (2019-05-31): Received a VCC for the addition of the discount points.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/28/2019     1 A xx/xx/xxxx CA 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
xxxx 6000031840 xxxx 12103020 6000031840-6414 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final/xx/xx/xxxx) Final Closing Disclosure issued xx/xx/xxxx did not include the Broker information. Data is still not accurate on subsequent CD.     Reviewer Comment (2019-05-31): xx/xx/xxxx PC CD included broker information.


Reviewer Comment (2019-05-31): The contact NMLS ID was not provided on the 3/28/2019 PCCD. Unable to address the exception at this time.


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/01/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031840 xxxx 12103021 6000031840-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Desk Review is paid to Lender. Data is still not accurate on subsequent CD.     Buyer Comment (2019-05-31): non-material: pass-through fee
     03/27/2019 2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031840 xxxx 12103027 6000031840-4263 05/31/2019 Credit Assets Asset Calculation / Analysis Guideline Requirement: Available for Reserves discrepancy. Calculated Available for Reserves of $70,666.50 is less than Guideline Available for Reserves of $77,964.15. EA Plus with DTI over 43% require 12 months reserves for subject property plus an additional 3 months PITI for each additional property if borrower when more than 2 properties are financed. Borrower has 3. Residual income $1,000 greater than minimum required. $13,542.37 vs $1,550

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater,753 vs 700		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower has 13.4 months reserves. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater,753 vs 700
0 X 30 24 month housing history
Residual income $1,000 greater than minimum required. $13,542.37 vs $1,550
     03/29/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000031840 xxxx 12103028 6000031840-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only Missing complete VVOE for borrower's 2nd employer. Borrower owns 41% of this business and also draws a salary. Lender used wages only, however the VVOE in file does not indicate a start date or if the borrower is still employed.     Reviewer Comment (2019-05-31): Received complete VVOE.


Buyer Comment (2019-05-31): (xxxx)Please refer to the bottom part self employed field.


Reviewer Comment (2019-05-31): Received verification of existence of business as verified with the Secretary of State. Requiring verbal verification of borrower's salaried position as xxxx with xxxxx. Provide a VVOE reflecting start date and verify borrower was actively employed at time of closing.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/27/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000030807 xxxx 12103050 6000030807-6301 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. The ARM disclosure was not provided in the loan file.     Reviewer Comment (2019-05-31): Received the ARM disclosure.


Buyer Comment (2019-05-31): (xxxx)please see docs
 01/29/2019     1 A xx/xx/xxxx MD Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000030807 xxxx 12103051 6000030807-25258 05/31/2019 Compliance Compliance Federal Compliance CHARM Booklet Provided Through Home Loan Toolkit TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet provided to the borrower through Home Loan Toolkit. Could not locate proof the the borrower was provided with the CHARM booklet.     Reviewer Comment (2019-05-31): Received the ARM disclosure with CHARM booklet verbiage.


Buyer Comment (2019-05-31): (xxxx)please see docs
 01/29/2019     1 A xx/xx/xxxx MD Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000030807 xxxx 12103052 6000030807-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for 0% tolerance violation of $240.00 was not provided. A COC with a valid reason for the addition of the Survey Fee, or a Letter of Explanation, Proof of Delivery, Copy of Refund Check for $240.00, and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): PCCD, LOE, Copy of refund check and proof of delivery provided.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.
   03/21/2019   2 B xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103054 6000030807-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Extension Fee. Fee Amount of $612.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7349) The Extension Fee was not disclosed on the LE's and a valid COC or cure was not provided. Proof of delivery, copy of refund check, letter of explanation and post closing CD required to cure     Reviewer Comment (2019-05-31): Received valid COC for the rate lock extension.
 01/29/2019     1 A xx/xx/xxxx MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103055 6000030807-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $240.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7723) Survey Fee was not disclosed on the Initial Loan Estimate dated xx/xx/xxxx but disclosed as $240.00 on the revised Closing Disclosure dated xx/xx/xxxx and on the Final Closing Disclosure. COC issued on xx/xx/xxxx disclosed the reason for the change as "Settlement Fees Updated" which is not a valid reason for the addition of the Survey Fee. A COC with a valid reason for the addition of this fee, or a Letter of Explanation, Proof of Delivery, Copy of Refund Check for $240.00, and Corrected CD are required to cure.     Reviewer Comment (2019-05-31): PCCD, LOE, Copy of refund check and proof of delivery provided.


Reviewer Comment (2019-05-31): Received Letter of Explanation dated 3/21/19. Still need a copy of the refund check and proof of delivery after 3/21/19 to cure.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.


Reviewer Comment (2019-05-31): AMC received PCCD dated xx/xx/xxxx with tolerance cure of $240.00. Need copy of refund check, letter of explanation and proof of delivery to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
   03/21/2019   2 B xx/xx/xxxx MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103056 6000030807-4354 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed amount financed as $403,695.12; calculated amount financed is $403,895.12, which is a difference of $200.00 for the subject purchase transaction.     Reviewer Comment (2019-05-31): PCCD, LOE, Copy of refund check and proof of delivery provided.


Reviewer Comment (2019-05-31): Cleared in error


Reviewer Comment (2019-05-31): Received a copy of refund check and evidence of delivery along with LOE.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.


Buyer Comment (2019-05-31): (xxxx)abood docs


Reviewer Comment (2019-05-31): AMC received PCCD dated xx/xx/xxxx with tolerance cure of $240.00 and COC indicating the index corrected. Need copy of refund check or loan modification for margin correction, letter of explanation and proof of delivery to cure.
   03/21/2019   2 B xx/xx/xxxx MD 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 A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103057 6000030807-4356 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure APR TILA-RESPA Integrated Disclosure - Loan Calculations: APR of 6.42000% on Final Closing Disclosure provided on xx/xx/xxxx is under-disclosed from the calculated APR of 6.56580% outside of 0.125% tolerance. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed an APR of 6.42%; APR is 6.5658%, which is outside of 0.1250% tolerance. Per ARM Disclosure, Approval and MaVent Compliance Report, borrower was qualified with an ARM index of 2.58% however, this index was not found in the 45-day lookback period from the application date of xx/xx/xxxx. Used the lowest index during this period of 2.96488% for testing.     Reviewer Comment (2019-05-31): PCCD, LOE, Copy of refund check and proof of delivery provided.


Buyer Comment (2019-05-31): (xxxx)please see LOE


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.
   03/21/2019   2 B xx/xx/xxxx MD 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 A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103058 6000030807-4376 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a finance charge of $501,548.49; calculated finance charge is $524,484.39, which is a difference of $22,935.90 for the subject purchase transaction. Final Closing Disclosure AIR Table UST1YW as the index source however, the Note verifies the index is based on the 1-year LIBOR. Per ARM Disclosure, Approval and MaVent Compliance Report, borrower was qualified with an ARM index of 2.58% however, this index was not found in the 45-day lookback period from the application date of xx/xx/xxxx. Used the lowest index during this period of 2.96488% for testing.     Reviewer Comment (2019-05-31): PCCD, LOE, Copy of refund check and proof of delivery provided.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.
   03/21/2019   2 B xx/xx/xxxx MD 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 A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103059 6000030807-4404 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure reflects TIP of 122.194% but calculated TIP is 127.865%, which is outside of .003% tolerance. Per ARM Disclosure, Approval and MaVent Compliance Report, borrower was qualified with an ARM index of 2.58% however, this index was not found in the 45-day lookback period from the application date of xx/xx/xxxx. Used the lowest index during this period of 2.96488% for testing.     Reviewer Comment (2019-05-31): PCCD, LOE, Mod and proof of delivery provided.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.
   03/21/2019   2 B xx/xx/xxxx MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000030807 xxxx 12103060 6000030807-22522 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Total of Payments that does not match the actual total of payments for the loan. (Final/xx/xx/xxxx) Final Closing Disclosure reflects TOP of $911,976.69 but calculated TOP is $935,112.59, which is a variance of $23,135.90. Per ARM Disclosure, Approval and MaVent Compliance Report, borrower was qualified with an ARM index of 2.58% however, this index was not found in the 45-day lookback period from the application date of xx/xx/xxxx. Used the lowest index during this period of 2.96488% for testing.     Reviewer Comment (2019-05-31): PCCD, LOE, Mod and proof of delivery provided.


Reviewer Comment (2019-05-31): AMC received the modification PCCD and proof of mailing. A copy of the LOE is required in order to address the exception.


Reviewer Comment (2019-05-31): AMC received PCCD dated xx/xx/xxxx with tolerance cure of $240.00 and COC indicating the index corrected. Need copy of refund check or loan modification for margin correction, letter of explanation and proof of delivery to cure.
   03/21/2019   2 B xx/xx/xxxx MD 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 A A C B A A Non QM Non QM Yes
xxxx 6000030792 xxxx 12103066 6000030792-1330 05/31/2019 Compliance Compliance Federal Compliance 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. The List of Homeownership Counseling Organizations was not provided to borrower.     Reviewer Comment (2019-05-31): Received List of Homeownership Counseling Organizations


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 3/25
 03/26/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000030792 xxxx 12103067 6000030792-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Borrower recently increased IRA distributions over 125% of prior amount and has 4 years, 11 months continuance. xxxx Exception waiver granted. 0 X 30 24 month housing history. 111 months 0x30

PITIA reserves above minimum by 6 months or greater. 44.25 Mos. > 12 Mos. required

FICO score above minimum by 20 points or greater. 732 > 700		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx Exception waiver in file supported by Compensating Factors
     03/20/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000030792 xxxx 12103068 6000030792-3830 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue: Refinance seasoning requirements not met   Subject loan approved as a rate/term refinance paying off existing first lien which was opened xx/xx/xxxx and seasoned with only 9 months seasoning. Per EA Plus guidelines, rate/term refinance transaction is when the new loan amount is limited to the payoff of a present seasoned (12 months mortgage) or used as purchase money mortgage. Borrower's purchase subject in 1995. No evidence of client's eligibility waiver found in file approving this 3 month seasoning exception.     Reviewer Comment (2019-05-31): Loan approved as a cash out. Meets cash out guidelines.


Buyer Comment (2019-05-31): (xxxx)doc uploaded 3/25


Buyer Comment (2019-05-31): (xxxx)xxxx - Lock confirm and Pre-close review both indicate cash-out refi. Please satisfy.
 03/26/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000030792 xxxx 12103069 6000030792-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $12,141 due to increase in discount points.     Reviewer Comment (2019-05-31): COC was Valid, and described Line A increase from $1,485.00 to $13,626.00.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 3/25
 03/26/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000030792 xxxx 12103070 6000030792-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $12,141.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee not disclosed on xx/xx/xxxx LE and disclosed as $12,141.00 on Final CD. COC issued 2/28/2019 indicates reason for change is Lock and does address the discount points, however no evidence of lock disclosure associated with the LE found in file.     Reviewer Comment (2019-05-31): COC was Valid, and described Line A increase from $1,485.00 to $13,626.00.


Buyer Comment (2019-05-31): (xxxx)Doc uploaded 3/25
 03/26/2019     1 A xx/xx/xxxx CA 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 B C A A A Non QM Non QM Yes
xxxx 6000032311 xxxx 12103072 6000032311-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $984.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) The non-escrowed costs over year 1 of $984 disclosed on CD based on 12 months of $82 monthly property costs. HOA was $81.67 per appraisal x 12 equals $980.14.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Seller Comment (2019-05-31): Received a corrected CD, please provide a LOE to the borrower to clear this exception


Reviewer Comment (2019-05-31): Received a corrected CD, please provide a LOE to the borrower to clear this exception.


Seller Comment (2019-05-31): please provide PC CD, LOE and confirmation sent to borrower
   04/01/2019   2 B xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032311 xxxx 12103073 6000032311-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): rate lock provided


Seller Comment (2019-05-31): Rate lock for incorrect borrower loaded, please provide correct rate lock.


Reviewer Comment (2019-05-31): Rate lock for incorrect borrower loaded, please provide correct rate lock.


Seller Comment (2019-05-31): please provide copy of borrowers rate lock
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000031837 xxxx 12103075 6000031837-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Actual closing/consummation occurred on 3/2/19.     Reviewer Comment (2019-05-31): Updated CD provided and letter of explanation provided to borrower. Sufficient documentation to cure
   03/25/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000031837 xxxx 12103077 6000031837-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   For asset utilization, assets used for qualifying must be seasoned 120 days unless pre-approved by client - Missing 4 months bank statements for account ending 3433. Missing 11/2018 statement.     Reviewer Comment (2019-05-31): Received 11/2018 bank statement.
 03/28/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000032361 xxxx 12103078 6000032361-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received 1008 with attestation why loan is ineligible for GSE delivery


Seller Comment (2019-05-31): Updated 1008 uploaded.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032361 xxxx 12103079 6000032361-23923 05/31/2019 Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Unable to locate an updated Hazard Policy showing Lender as the Successor.     Reviewer Comment (2019-05-31): Select Portfolio Servicing Inc, ISAOA/ATIMA is acceptable. This is the servicing company for the Lender.
 03/25/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032361 xxxx 12103081 6000032361-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.13960% or Final Disclosure APR of 6.16200% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage
     03/21/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032361 xxxx 12103082 6000032361-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.13960% or Final Disclosure APR of 6.16200% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Loan. Compliant Higher Priced Mortgage     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage
     03/21/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032361 xxxx 12103083 6000032361-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing Business Narrative which includes detail related to the size/scope and operating profile of the business.     Reviewer Comment (2019-05-31): Upon further research, exception has been cancelled.


Seller Comment (2019-05-31): Business Narrative not required when utilizing expense factor for income.
       1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
xxxx 6000032359 xxxx 12103092 6000032359-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD reflects $225, calculates to be $228 due to increase in recording fees.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation & Corrected Closing Disclosure.
   04/02/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032359 xxxx 12103093 6000032359-20623 05/31/2019 Credit Guideline Guideline Issue Ineligible property type. Single Family Detached Exception Granted: Loan amount of $876,250 for Unique Property Property has a detached game room with bath, a detached shop with loft & bath, guest apartment and a small vineyard in EA Plus has been approved. 0 X 30 24 month housing history: 99 years

Time on Job of 5 years or greater: 12.72 years

Ownership of subject property of 5 years or greater: 12 years		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.
     03/26/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032359 xxxx 12103094 6000032359-6331 05/31/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-6,352.81 is less than amount of binding Lender Credit previously disclosed in the amount of $-6,715.00. (9300) LE dated 2/20/2019 reflects $6,715 Lender Credit (Loan was locked) and Final CD reflects $6,352.81. No evidence of valid changed circumstance found in file to justify this decrease in lender credit.     Reviewer Comment (2019-05-31): The loan amount and the lender credit reduced by 5%. Exception cleared.


Reviewer Comment (2019-05-31): Comments state loan amount changed however, the change in circumstance was not provided in file, please provide the COC.


Seller Comment (2019-05-31): Valid COC issued 2/25.Changed Event: Loan Amount Changed
 04/02/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032359 xxxx 12103095 6000032359-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $525.00 exceeds tolerance of $270.00 plus 10% or $297.00. Insufficient or no cure was provided to the borrower. (0) $228 tolerance violation due to increase in recording fees. Final CD reflects a tolerance cure of $225.     Reviewer Comment (2019-05-31): AMC received Letter of Explanation, Copy of Refund Check, and Corrected CD.


Seller Comment (2019-05-31): PCCD w/copy of check and LOE to borrower.
   04/02/2019   2 B xx/xx/xxxx CA 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
xxxx 6000032492 xxxx 12103097 6000032492-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.23380% or Final Disclosure APR of 6.26800% is in excess of allowable threshold of APOR 4.66% + 1.5%, or 6.16000%. Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage.
     03/22/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032492 xxxx 12103098 6000032492-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     03/27/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032492 xxxx 12103099 6000032492-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.23380% or Final Disclosure APR of 6.26800% is in excess of allowable threshold of APOR 4.66% + 1.5%, or 6.16000%. Compliant Higher Priced Loan. Compliant Higher Priced Mortgage.     Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage.
     03/22/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032492 xxxx 12103100 6000032492-4357 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) CD reflects not assumable. Note reflects assumable after fixed rate period. Data is still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower regarding change
   03/29/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032492 xxxx 12103101 6000032492-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.
.		     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   03/29/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032492 xxxx 12103102 6000032492-25686 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. No evidence of disclosure found in file.     Reviewer Comment (2019-05-31): Received evidence of borrowers receipt of ARM Disclosure.
 04/02/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032492 xxxx 12103103 6000032492-6302 05/31/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. No evidence of disclosure found in file.     Reviewer Comment (2019-05-31): Received evidence of borrowers receipt of CHARM Booklet.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/02/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032492 xxxx 12103104 6000032492-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received the AUS.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/02/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
xxxx 6000032314 xxxx 12103107 6000032314-22154 05/31/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: xx/xx/xxxx Hazard Insurance Effective Date xx/xx/xxxx, Date of Disbursement per final CD is xx/xx/xxxx     Reviewer Comment (2019-05-31): Received updated CD dated xx/xx/xxxx with payee corrected however, updated hazard insurance policy provided reflects an annual premium of $1,115.67 compared to $1,111.83 from policy previously provided. Total monthly payment on page one does not match calculated value of $4,581.11


Reviewer Comment (2019-05-31): Received updated Hazard Insurance policy.
 03/29/2019     1 A xx/xx/xxxx WA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032314 xxxx 12103109 6000032314-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $350.00 exceeds tolerance of $232.00 plus 10% or $255.20. Sufficient or excess cure was provided to the borrower at Closing. (0) Recording Fees increased from $232 to $350 without valid changed circumstance. Final CD reflected sufficient cure of $94.80         03/22/2019   1 A xx/xx/xxxx WA Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
xxxx 6000032314 xxxx 12103111 6000032314-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Seller Comment (2019-05-31): please provide copy of borrowers rate lock confirmation
 03/28/2019     1 A xx/xx/xxxx WA Primary Purchase   C B C A B B A A Non QM Non QM No
xxxx 6000032314 xxxx 12103112 6000032314-4836 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section C Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Shop For. (Final/xx/xx/xxxx) The payee for the Notary and Courier fees are listed as TBD.     Buyer Comment (2019-05-31): non-material: PC CD is originators Final CD. Figures and payees are correct after close of escrow


Reviewer Comment (2019-05-31): Received a corrected CD dated xx/xx/xxxx with payees corrected however, corrected hazard insurance policy provided reflects an annual premium of $1,115.67 compared to $1,111.83 previously disclosed. Page 1 of PCCD estimated escrow of $847.37 does not match calculated value of $837.69, total monthly payment of $4,580.79 does not match calculated value of $4,581.11 and Page 3 estimated escrow costs over 1 year $9,321.07 (x11) does not match calculated value of $9,214.59. Please provide a corrected CD and LOE to borrower.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower regarding changes
     03/29/2019 2 B xx/xx/xxxx WA Primary Purchase Good Faith Redisclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032494 xxxx 12103113 6000032494-25029 05/31/2019 Compliance Compliance Federal Compliance 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. Loan is an ATR risk as the DTI exceeds guideline max of 50%     Reviewer Comment (2019-05-31): Received evidence borrowers have > 20% equity to exclude from DTI.
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
xxxx 6000032494 xxxx 12103114 6000032494-25035 05/31/2019 Compliance Compliance Federal Compliance General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 57.55860% significantly exceeds the guideline maximum of 50.00%. (DTI Exception cannot be compensated to a lower grade.) Borrower must have at least 20% equity in the departing residence in order to exclude from debt - appraisal and most recent mortgage statement provided: appraised value = $243,000; current mortgage balance = $196,900.95 - unable to exclude from overall debt. Reserves of 12 months are not required since full PITI is included in DTI.     Reviewer Comment (2019-05-31): Received evidence borrowers have > 20% equity to exclude from DTI.
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032494 xxxx 12103116 6000032494-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 57.55860% exceeds Guideline total debt ratio of 50.00000%. Borrower must have at least 20% equity in the departing residence in order to exclude from debt - appraisal and most recent mortgage statement provided: appraised value = $243,000; current mortgage balance = $196,900.95, less than 20% equity. Unable to exclude from overall debt.     Reviewer Comment (2019-05-31): Received evidence borrowers have > 20% equity to exclude from DTI.


Buyer Comment (2019-05-31): (xxxx)Updated mortgage rating showing a balance of $191,469 with a value of $xxxx this results in 21.2% equity.
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032494 xxxx 12103118 6000032494-6498 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx The appraisal shows the lender as XXXX, which is not the lender.     Reviewer Comment (2019-05-31): Received corrected appraisal
 04/04/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032494 xxxx 12103119 6000032494-5695 05/31/2019 Compliance Compliance Federal Compliance 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. The loan is an ATR risk as the DTI exceeds the guideline max of 50% (57.55%)     Reviewer Comment (2019-05-31): Received evidence borrowers have > 20% equity to exclude from DTI.
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032494 xxxx 12103120 6000032494-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Document provided date not located in file. Acknowledgement of receipt is dated xx/xx/xxxx, which is greater than 3 days from the application date     Reviewer Comment (2019-05-31): Received evidence borrower was provided with within 3 days of application.
 04/01/2019     1 A xx/xx/xxxx TX Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103121 6000032485-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing the business narrative which includes detail related to the size/scope and operating profile of the business for both xxxx. And xxxx     Reviewer Comment (2019-05-31): ES worksheet signed by borrower included 1-5 employees in service business. xxxx not required.
 04/04/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103122 6000032485-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet Per guidelines, All loan files should contain underwriter worksheets which detail the qualifying income calculations and debt obligations considered or not considered (and reason for exclusion). Missing bank statement worksheet for both xxxx. and xxxx     Reviewer Comment (2019-05-31): Earning summary/ bank statement worksheet was provided for xxxx showing income calcs and deposits. xxxx not required.


Reviewer Comment (2019-05-31): Reviewer calculated income for xxxx using 60% = $29,460.51 due to multiple checking account transfers in multiple months statements being excluded from qualifying income. With this income source alone calculated DTI is 50.49943% > 43% max. Reviewer included xxxx using the same expense ratio and a calculated income of $5,959.93 with a calculated DTI of 42.00227%. Per EA Plus 10/18 guidelines transfers from other bank accounts into the business accounts will require conclusive evidence that the source of the transfer is business related.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Received analysis for xxxx however, missing analysis for xxxx.
 04/04/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103123 6000032485-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $259,745.04 is less than Cash From Borrower $273,183.38. Business funds were used at origination however neither CPA letter nor UW cash flow analysis provided.     Reviewer Comment (2019-05-31): Received CPA letter verifying withdrawal will not have adverse affect.


Buyer Comment (2019-05-31): (xxxx)please see CPA
 04/03/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103124 6000032485-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Ownership percentage documented via CPA letter, Operating Agreement, or equivalent for xxxx.     Reviewer Comment (2019-05-31): Received CPA letter.
 04/01/2019     1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103125 6000032485-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing Ownership percentage documented via CPA letter, Operating Agreement, or equivalent for xxxx.     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx PC account deposits.


Reviewer Comment (2019-05-31): Reviewer calculated income for xxxx MD PC using 60% = $29,460.51 due to multiple checking account transfers in multiple months statements being excluded from qualifying income. With this income source alone calculated DTI is 50.49943% > 43% max. Reviewer included xxxx using the same expense ratio and a calculated income of $5,959.93 with a calculated DTI of 42.00227%. Per EA Plus 10/18 guidelines transfers from other bank accounts into the business accounts will require conclusive evidence that the source of the transfer is business related.


Buyer Comment (2019-05-31): (xxxx)please see docs
       1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103126 6000032485-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Validation of a minimum of 2 years existence of xxxx from one of the following: Business License, Letter from Tax Preparer, Secretary of State Filing or equivalent     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx PC account deposits.


Reviewer Comment (2019-05-31): Reviewer calculated income for xxxx MD PC using 60% = $29,460.51 due to multiple checking account transfers in multiple months statements being excluded from qualifying income. With this income source alone calculated DTI is 50.49943% > 43% max. Reviewer included xxxx using the same expense ratio and a calculated income of $5,959.93 with a calculated DTI of 42.00227%. Per EA Plus 10/18 guidelines transfers from other bank accounts into the business accounts will require conclusive evidence that the source of the transfer is business related.


Buyer Comment (2019-05-31): (xxxx)please see docs
       1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103127 6000032485-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Explanation for declining income for xxxx from 2017 to 2018     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx account deposits.


Reviewer Comment (2019-05-31): Reviewer calculated income for xxxx using 60% = $29,460.51 due to multiple checking account transfers in multiple months statements being excluded from qualifying income. With this income source alone calculated DTI is 50.49943% > 43% max. Reviewer included xxxx using the same expense ratio and a calculated income of $5,959.93 with a calculated DTI of 42.00227%. Per EA Plus 10/18 guidelines transfers from other bank accounts into the business accounts will require conclusive evidence that the source of the transfer is business related.


Seller Comment (2019-05-31): Not sure what this is referencing. Income used to qualify was 24 months of bank statements for xxxx and income (deposits) were higher in 2018 than 2017?
       1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103128 6000032485-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Per letter from borrower, property will be used as a primary residence and a medical office as well for outpatient and cosmetic procedures. Per guidelines, mixed use properties are ineligible. Job stability of 5 years or more (5 years as a xxx)

FICO score above minimum by 20 points or greater, the borrowers FICO score is 778, the minimum FICO score is 700.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Subject property has had no significant alterations to accommodate the office use. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater, the borrowers FICO score is 778, the minimum FICO score is 700.
Job stability of 5 years or more (5 years as a business xxx)


Reviewer Comment (2019-05-31): Lender correspondence provided reflects subject property is acceptable, please verify if client elects to waive.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/03/2019 2 B xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103129 6000032485-3677 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation is ATR fail as the loan is missing third party verification and verification of ownership percentage for xxxx and verification of ownership percentage of xxxx M.D. PC     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx PC account deposits.
       1 A xx/xx/xxxx NY Primary Purchase Lender to provide updated ATR/QM status C B C B A A A A Non QM Non QM Yes
xxxx 6000032485 xxxx 12103130 6000032485-4944 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxx/Bank Statements) Missing third party verification for xxxx from one of the following - Business License, Letter from Tax Preparer, Secretary of State Filing or equivalent     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx PC account deposits.
       1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032485 xxxx 12103131 6000032485-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification for xxxx     Reviewer Comment (2019-05-31): This income was not used, bank statement was provided to verify business purpose of xxxx PC account deposits.
       1 A xx/xx/xxxx NY Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032367 xxxx 12103134 6000032367-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.15470% or Final Disclosure APR of 7.17500% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/28/2019 1 A xx/xx/xxxx FL Primary Purchase   A A A A A A A A Non QM Non QM No
xxxx 6000032489 xxxx 12103136 6000032489-20080 05/31/2019 Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   Letter of explanation for large deposits into account ending 8400 exceeding 50% of the borrower's income was not provided (12/10/18 - $9,396.9, 12/17/18 - $15,576, xx/xx/xxxx - $13,775.70, 4/24/17 - 11,797.90)     Reviewer Comment (2019-05-31): Received LOE.


Seller Comment (2019-05-31): Please see LOE provided.
 04/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
xxxx 6000032489 xxxx 12103137 6000032489-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   The P&L must be signed by the borrower, unless borrower provided a CPA prepared P&L. Both P&L and bank statement worksheet are unsigned     Reviewer Comment (2019-05-31): Received signed P&L.


Seller Comment (2019-05-31): Please see P&L.
 04/05/2019     1 A xx/xx/xxxx CA Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
xxxx 6000034481 xxxx 12103139 6000034481-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received Rate Lock documentation. Compliance Testing completed.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/02/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000034481 xxxx 12103140 6000034481-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. Data was corrected on subsequent disclosure, however required letter of explanation not found in file.     Buyer Comment (2019-05-31): non-material: informational only. Data corrected on PC CD. Missing LOE for clerical update only.
     04/01/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000034481 xxxx 12103141 6000034481-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing verification HELOC account has been closed. Payoff and Close request indicates the account has been frozen, however borrower did not sign this document authorizing the closure.     Reviewer Comment (2019-05-31): Received executed payoff statement.


Buyer Comment (2019-05-31): (xxxx)Please see attached signed by borrower's
 04/03/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
xxxx 6000034481 xxxx 12103142 6000034481-25688 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Disclosure signed at closing. No evidence of earlier provided date found in file.     Reviewer Comment (2019-05-31): Received Disclosure Tracking. ARM Disclosure was sent to borrower within required timing.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/02/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032497 xxxx 12103144 6000032497-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $118.64 exceeds tolerance of $79.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)           03/27/2019   1 A xx/xx/xxxx AZ Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
xxxx 6000032497 xxxx 12103145 6000032497-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final Closing Disclosure disclosed a Closing Date of xx/xx/xxxx. Closing date was xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: informational only for clerical update. Final CD was signed and notarized on xx/xx/xxxx


Reviewer Comment (2019-05-31): AMC received the Final CD. The consummation date per the security instrument is xx/xx/xxxx. Please provide corrected CD and LOE to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/03/2019 2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000034483 xxxx 12103148 6000034483-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.57750% or Final Disclosure APR of 6.59700% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage and FED Compliant
     03/29/2019 1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034483 xxxx 12103150 6000034483-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 4,414.30 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Verified monthly escrowed property costs as $62.75 for hazard insurance and $338.05 for taxes. The total of $400.80 x 10, 11 or 12 months does not equal $4,414.30. This is due to the hazard insurance amount of $63.25 being used at origination vs the verified amount of $62.75     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided.


Seller Comment (2019-05-31): please provide PC CD, LOE and confirmation disclosure sent to borrower
   04/04/2019   2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034483 xxxx 12103151 6000034483-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/751261) CD disclosed escrow amount $401.30 vs. verified amount of $400.80. This is due to the calculation of hazard insurance. Verified annual premium is $753 / 12 months = $62.75 vs. lender amount of $63.25. No evidence found in file of lender's calculation verifying monthly hazard insurance used.     Reviewer Comment (2019-05-31): AMC received PCCD and LOE. The Final CD is consistent with amounts on IEADS. Exception Cleared.


Seller Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure


Seller Comment (2019-05-31): please provide PC CD, LOE and confirmation disclosure sent to borrower
 04/08/2019     1 A xx/xx/xxxx FL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000034483 xxxx 12103152 6000034483-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/751261) CD disclosed payment of $1905.62 vs. verified payment of $1905.12. This is due to the calculation of hazard insurance. Verified annual premium is $753 / 12 months = $62.75 vs. lender amount of $63.25. No evidence found in file of lender's calculation verifying monthly hazard insurance used.     Reviewer Comment (2019-05-31): AMC received PCCD and LOE. The Final CD is consistent with amounts on IEADS. Exception Cleared.


Seller Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure


Seller Comment (2019-05-31): please provide PC CD, LOE and confirmation disclosure sent to borrower
 04/08/2019     1 A xx/xx/xxxx FL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000034483 xxxx 12103153 6000034483-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $1,870.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Verified HOA dues of $2,280 annually with appraisal. No other documentation on file to indicate a different amount     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   04/04/2019   2 B xx/xx/xxxx FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034483 xxxx 12103154 6000034483-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS or attestation as to why loan does not qualify for conventional financing Job stability of 5 years or more (10 years as a xxx)

FICO score above minimum by 20 points or greater. 779 vs 740.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower was qualified using a bank statements which is not a valid GSE doc type. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 779 vs 740.
Job stability of 5 years or more (10 years as a business xxx)
     04/01/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034483 xxxx 12103155 6000034483-20080 05/31/2019 Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   Missing explanation for large deposits exceeding 50% of the borrower's income - $10,000 on 8/14/2018, $9,312 on 6/11/2018, $7365 on 5/18/2018, $8268 on xx/xx/xxxx, $11,505 on 4/20/2018, $6800 on 3/22/2018, $9525 on 3/23/2018, $7816 on 3/28/2018, $7,000 on 2/20/2018, $6750 on 1/22/2018, $12,700 on 1/30/2018, $8,500 on 12/21/17, $8500 on 11/30/2017, $8100 on 6/1/2017 and $5855 on 4/7/2017.     Reviewer Comment (2019-05-31): Received deposits with invoices to verify large deposits.


Buyer Comment (2019-05-31): (xxxx)please see invoice-deposit slips. Borrower provides roofing and construction services. Large deposits are nature of the business type and are regularly flowing into borrowers account; $10,000 on 8/14/2018, page 119; $9,312 on 6/11/2018, page 110; $7365 on 5/18/2018, page 101 & 102; $8268 on xx/xx/xxxx, page 82 & 83; $11,505 on 4/20/2018, page 88 & 89; $6800 on 3/22/2018, page 78 & 79; $9525 on 3/23/2018, page 75; $7816 on 3/28/2018, page 80; $7,000 on 2/20/2018, page 61 & 62; $12,700 on 1/30/2018, page 57
$8,500 on 12/21/17, - page 55 & 56; $8100 on 6/1/2017 and page 25
 04/01/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032498 xxxx 12103156 6000032498-25688 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. Disclosure signed at closing with no evidence found in file of earlier provided date.     Reviewer Comment (2019-05-31): Original product was fixed rate, borrower provided with ARM Disclosure within 3 days of program change.


Seller Comment (2019-05-31): Please see attached rebuttal letter


Reviewer Comment (2019-05-31): ARM disclosure signed 3/1/19 is not within 3 days of application date xx/xx/xxxx. Please provide evidence disclosure was provided to borrower within 3 days of application.


Seller Comment (2019-05-31): See attached Initial ARM Disclosure signed by the borrower
 04/09/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000032498 xxxx 12103159 6000032498-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing borrower's signature on AES/P&L.     Reviewer Comment (2019-05-31): Received UW analysis, expense ratio used due to declining income, borrower signature not required per guidelines.


Seller Comment (2019-05-31): Signature not required - See Bank Statment Worksheet - Expnse Factor Used in calculations
 04/03/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000034490 xxxx 12103163 6000034490-20080 05/31/2019 Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   Missing letter of explanation for large deposits for co-borrower into account ending 5686 (multiple months and deposits) January 2019, September August, July, May, and April 2018. 0 X 30 24 month housing history (36 months reported on the credit report)

DTI below max by 5% or greater : 28% < 50%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)The borrower's business is xxxx. The deposits are re-occurring and appear to be typical for the business. xxxx elects to waive with compensating factors:
0 X 30 24 month housing history (36 months reported on the credit report)
10 years self employed
$20,500 residual income


Reviewer Comment (2019-05-31): Missing LOE for January 2019, September, August, July, May, and April 2018.


Seller Comment (2019-05-31): Received LOE and deposits for 2/18, 6/18, 10/18 and 12/18 however LOE for large deposits in noted months; January 2019, September August, July, May, and April 2018 was not provided.


Reviewer Comment (2019-05-31): Received LOE and deposits for 2/18, 6/18, 10/18 and 12/18 however LOE for large deposits in noted months; January 2019, September August, July, May, and April 2018 was not provided.


Seller Comment (2019-05-31): Please see attached letter and copies of checks.
     04/05/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000034488 xxxx 12103165 6000034488-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Acknowledgement of borrower's receipt not found in file.     Buyer Comment (2019-05-31): non-material: originator sent appraisal to borrower via email on 3/5/19


Reviewer Comment (2019-05-31): Acknowledgement of borrower's receipt has not been uploaded.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/05/2019 2 B xx/xx/xxxx CA Primary Purchase   C B A A C B A A Non QM Non QM No
xxxx 6000034488 xxxx 12103166 6000034488-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx).     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Reviewer Comment (2019-05-31): AMC received PCCD dated 4/8/19 without a correction to the closing date. It still shows 3/15/19. Notary date is xx/xx/xxxxx. Provide a Corrected CD and Letter of Explanation to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/11/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000034488 xxxx 12103167 6000034488-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) No evidence of seller's CD found in file.     Reviewer Comment (2019-05-31): Received Seller's CD.


Buyer Comment (2019-05-31): (xxxx)seller CD
 04/04/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000034488 xxxx 12103168 6000034488-5444 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Values TIL-RESPA Integrated Disclosure – Final Closing Disclosure provided on xx/xx/xxxx contains estimated values that do not represent final terms or closing costs to the borrower. (Final/xx/xx/xxxx) Section H reflects a Broker's Administration fee of $500 buyer funds held for Final.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.
   04/11/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000031848 xxxx 12103170 6000031848-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.51020% or Final Disclosure APR of 6.53900% is in excess of allowable threshold of APOR 4.45% + 1.5%, or 5.95000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan and FED Compliant
     04/01/2019 1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000031848 xxxx 12103171 6000031848-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) LE provided reflected Total Payoffs and Payments to be $24,777.00, final CD reflected Total Payoffs and Payments as $24,777.28, and answered "Did this change" as Yes     Reviewer Comment (2019-05-31): AMC reviewed exception. Fees were paid to same chosen provider. Exception Cleared.
 04/05/2019     1 A xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031848 xxxx 12103172 6000031848-4855 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller Change - Total Payoffs TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether there was a change in the Total Payoffs and Payments. (Final/xx/xx/xxxx) LE provided reflected Total Payoffs and Payments to be $24,777.00, final CD reflected Total Payoffs and Payments as $24,777.28, and answered "Did this change" as Yes     Buyer Comment (2019-05-31): Non-material
     04/08/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000031848 xxxx 12103173 6000031848-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing verification of annual maintenance fees for xxxx timeshare 5 year minimum in subject property - borrower has owned the subject property 29 years

FICO score above minimum by 20 points or greater Investor required fico score 700, borrower fico score 735		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors - acct paid off with loan proceeds:
FICO score above minimum by 20 points or greater Investor required fico score 700, borrower fico score 735
5 year minimum in subject property - borrower has owned the subject property 29 years
     04/08/2019 2 B xx/xx/xxxx FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000031848 xxxx 12103174 6000031848-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Update Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) The appraisal update fee of $150 was added after the initial LE without a valid change of circumstance and no cure was provided to the borrower     Reviewer Comment (2019-05-31): Received a VCC for the addition of the appraisal update fee.
 04/04/2019     1 A xx/xx/xxxx FL 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
xxxx 6000031848 xxxx 12103175 6000031848-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lien Search Fee. Fee Amount of $185.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77219) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing     Reviewer Comment (2019-05-31): AMC reviewed exception. Fee was paid same chosen provider. Exception Cleared.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/05/2019     1 A xx/xx/xxxx FL 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
xxxx 6000031848 xxxx 12103176 6000031848-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Digital Storage Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77220) Fee not disclosed on LE. Although this fee is in section C, the provider used is not the same as the other title fees reflected on the LE and is therefore included in 0% tolerance testing     Reviewer Comment (2019-05-31): AMC reviewed exception. Fee was paid to same chosen provider. Exception Cleared.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/05/2019     1 A xx/xx/xxxx FL 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
xxxx 6000032481 xxxx 12103177 6000032481-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): 1008 still does not contain correct comments. Will accept clients comments as loan amount does exceed agency high cost area maximum of $726,525.00.


Seller Comment (2019-05-31): Please see comments on 1008 stating in eligible due to high balance loan amount


Reviewer Comment (2019-05-31): Comments on 1008 state borrower is self employed, loan is ineligible for GSE. This is not a reason for loan being ineligible.


Seller Comment (2019-05-31): See updated 1008 for reason not elibile for GSE


Reviewer Comment (2019-05-31): Please provide the reason loan is ineligible for GSE delivery.


Reviewer Comment (2019-05-31): Received 1008 reflecting loan is ineligible for GSE however, the reason it is ineligible for GSE delivery was not provided.


Seller Comment (2019-05-31): See 1008 showing ineligible for GSE
 04/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032481 xxxx 12103179 6000032481-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement, Third Party Verification
P&L Statement, Third Party Verification		 Missing YTD P&L and third party verification for both borrowers on their partnership business. Loan qualified on Full doc program which per guidelines requires third party verification and YTD P&L for all business income included in calculations.     Reviewer Comment (2019-05-31): Received Lender rebuttal. Not required as most recent 2018 tax returns were provided.


Reviewer Comment (2019-05-31): Did not locate rebuttal.


Seller Comment (2019-05-31): See attached rebuttal
 04/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032481 xxxx 12103181 6000032481-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 21,192.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of $21,192 disclosed on CD based on 12 months of $1,766 monthly property costs . Taxes used were $1,765.63 based on 1.25% of purchase price x 12 = $21,187.56. Based on 1008, difference appears to be in taxes, qualified at $1,766 by lender. No evidence of lender's calculations verifying $1,766 taxes found in file.     Reviewer Comment (2019-05-31): AMC received


Seller Comment (2019-05-31): See attached corrected documentation correcting monthly taxes, Post CD, 1003, Payment Letter, Initial Escrow Account Statement, letter to the borrower, copy of refund check and copy of fedex slip - this is a purchase so no rescission is required
   04/05/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032481 xxxx 12103182 6000032481-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/751248) CD reflects $1,766 calculates to be $1,765.63 based on 1.25% of purchase price.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD provided


Seller Comment (2019-05-31): documentation was supplied correcting taxes - please clear
   04/05/2019   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032481 xxxx 12103183 6000032481-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/751248) CD reflects $6,6666.38, calculates to be $6,666.01. Due to variance in taxes, qualified at $1,766 by lender vs calculated at $1,765.63     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Corrected CD provided


Seller Comment (2019-05-31): corrected documentation was supplied correcting taxes - please clear
   04/05/2019   2 B xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032481 xxxx 12103184 6000032481-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Unable to test disclosure of Home Loan Toolkit due to missing information. Disclosure is not dated.     Reviewer Comment (2019-05-31): Received evidence borrower was provided Home Loan Toolkit within 3 days of application.


Seller Comment (2019-05-31): See evidence of initial disclosures sent 2.27.19 and list of disclosures in the set
 04/03/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032481 xxxx 12103185 6000032481-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Evidence of date provided not found in file.     Reviewer Comment (2019-05-31): Received evidence borrower was provided Home Loan Toolkit within 3 days of application.
 04/03/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000034681 xxxx 12103186 6000034681-2906 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: HOA Questionnaire not provided   Loan file did not contain the completed HOA Questionnaire     Reviewer Comment (2019-05-31): Received HOA questionnaire.


Seller Comment (2019-05-31): See attached HOA Questionaire
 04/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034681 xxxx 12103188 6000034681-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Closing disclosure dated xx/xx/xxxx reflects the cost for the Condo Questionnaire as $250 the final closing disclosure dated 3/20/19 reflected an amount of $335. Loan file does not contain a valid change of circumstance or cure to the borrower for increase in fee.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.


Seller Comment (2019-05-31): See attached COC
 04/03/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000034681 xxxx 12103190 6000034681-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $335.00 exceeds tolerance of $250.00. Insufficient or no cure was provided to the borrower. (75215) Closing disclosure dated xx/xx/xxxx reflects the cost for the Condo Questionnaire as $250 the final closing disclosure dated 3/20/19 reflected an amount of $335. Loan file does not contain a valid change of circumstance or cure for the increase in fee     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.


Seller Comment (2019-05-31): See COC uploaded
 04/03/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000034681 xxxx 12103191 6000034681-4506 05/31/2019 Credit Assets Asset Documentation Missing Document: Asset Documentation not provided   Missing copy of cancelled check for $27,900.00 earnest money     Reviewer Comment (2019-05-31): Received deposit receipt from escrow agent.


Reviewer Comment (2019-05-31): Please provide a deposit receipt or copy of the check to verify that the withdrawal was the EMD.


Seller Comment (2019-05-31): xxxx Bank Statement provided showing EMD - Please advise if this was not sufficent and why


Reviewer Comment (2019-05-31): Received bank statement reflecting $27,900 withdrawal however, a copy of the check or deposit receipt to verify EMD was not provided.


Seller Comment (2019-05-31): Please see Page 2 of xxxx Bank Statement showing check issued for EMD clearing account
 04/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034681 xxxx 12103192 6000034681-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 10.95 is less than Guideline PITIA months reserves of 21.00. Client exception for 14 months was approved. FICO score above minimum by 20 points or greater. (767 vs 720)

DTI below max by 5% or greater. (35% vs 43%)		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Seller Comment (2019-05-31): xxxx Bank Statement showing EMD was uploaded - Please advise if this was not sufficient


Reviewer Comment (2019-05-31): Received bank statement reflecting $27,900 withdrawal however, a copy of the check or deposit receipt to verify EMD was not provided.


Seller Comment (2019-05-31): See Bank 2 of xxxx Bank Statement showing EMD amount cleared
     04/05/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034681 xxxx 12103193 6000034681-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $139,564.45 is less than Cash From Borrower $153,650.80. Earnest money check missing in the amount of $27,900.00.     Reviewer Comment (2019-05-31): Received deposit receipt from escrow agent.


Seller Comment (2019-05-31): xxxx Bank statement was provided showing EMD - please advise why this was not sufficient


Reviewer Comment (2019-05-31): Received bank statement reflecting $27,900 withdrawal however, a copy of the check or deposit receipt to verify EMD was not provided.


Seller Comment (2019-05-31): See xxxx Banks Statement showing EMD Cleared
 04/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034681 xxxx 12103194 6000034681-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing signed letter of intent from borrower indicating they intend to list the departure residence for sale within ninety (90) days of closing on subject transaction     Reviewer Comment (2019-05-31): Appraisal report provided reflects the property is currently listed for sale.


Seller Comment (2019-05-31): See 2055 for property showing listed
 04/05/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034681 xxxx 12103195 6000034681-2860 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing mortgage statement for departing residence xxxx     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Seller Comment (2019-05-31): Credit Report was submitted to show loan on property belongs to borrower - please advise why this was not sufficient


Reviewer Comment (2019-05-31): Please provide mortgage statement to verify whether taxes/insurance are escrowed and/or tax/hazard/hoa documentation to verify total liability.


Seller Comment (2019-05-31): Please see credit report showing mortgage with loancare - if this is not sufficient please clarify what you are looking for as we would not need a mortgage statement if the debt is listed on the credit report
 04/04/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032317 xxxx 12103197 6000032317-6340 05/31/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. The SSPL was not provided in the file.     Reviewer Comment (2019-05-31): SSPL provided


Buyer Comment (2019-05-31): (xxxx)docs uploaded
 04/05/2019     1 A xx/xx/xxxx LA Primary Refinance - Cash-out - Other No Defined Cure B A A A B A A A Non QM Non QM No
xxxx 6000032366 xxxx 12103200 6000032366-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $417.59 due to decrease in lender credit.     Reviewer Comment (2019-06-07): COC located in file.
 06/07/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032366 xxxx 12103201 6000032366-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) Tax Service fee is paid to the Lender. Data is still not accurate on subsequent disclosure.     Buyer Comment (2019-05-31): Non-material: Lender must complete the CD based on the best information reasonably available. If the lender will not know the name of the ultimate payee (i.e. a tax service fee that is chosen by the servicer), then an acceptable disclosure could be: Lender
     04/05/2019 2 B xx/xx/xxxx CA Primary Purchase Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032366 xxxx 12103202 6000032366-6331 05/31/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-430.41 is less than amount of binding Lender Credit previously disclosed in the amount of $-848.00. (9300) LE dated 2/26/2019 reflects $848 Lender Credit (Loan was locked) and Final CD reflects $430.41. No evidence of valid changed circumstance found in file to justify this decrease in lender credit. Note:Lock confirmation change issued xx/xx/xxxx reflects lender credit of $430.41, however no reason was given for this change.     Reviewer Comment (2019-05-31): COC located in file.
 04/04/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000034498 xxxx 12103213 6000034498-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst-case APOR used to complete compliance testing
     04/04/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
xxxx 6000034498 xxxx 12103214 6000034498-25686 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. Missing evidence disclosure provided to the borrower     Reviewer Comment (2019-05-31): Received evidence ARM Disclosure was provided to borrower.
 04/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000034498 xxxx 12103215 6000034498-6302 05/31/2019 Compliance Compliance Federal Compliance CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. Missing evidence disclosure provided to the borrower     Reviewer Comment (2019-05-31): Received evidence CHARM Booklet was provided to borrower.
 04/04/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
xxxx 6000032315 xxxx 12103223 6000032315-20598 05/31/2019 Credit Credit Miscellaneous Miscellaneous Credit (Non-Material):   Per the Calculating Cash to Close section of the final CD, the calculated Down Payment/Funds from Borrower was $244,250.00. The calculated cash from the borrower was $244,230.00 ($12,000.00 EMD + $715.00 appraisal fee paid before closing + $231,515.00 cash to close). The seller credit of $35,457.52 exceeded the actual amount of closing costs of $35,437.52.     Reviewer Comment (2019-05-31): Lender provided a post-close CD disclosing an additional tolerance cure of $20.00 to the borrower. Refund check, proof of delivery and LOE provided


Buyer Comment (2019-05-31): Tracking, Check, LOX, PCCD uploaded
 03/27/2019     1 A xx/xx/xxxx DC Primary Purchase   B A B A A A A A Non QM Non QM No
xxxx 6000032375 xxxx 12103225 6000032375-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/03/13/2019) Report date 3/13/2019. Provided date xx/xx/xxxx. Effective date 2/1/2019.     Buyer Comment (2019-05-31): non-material: appraiser made clerical update that did not impact value. Original appraisal delivered to borrowers on xx/xx/xxxx.
     04/04/2019 2 B xx/xx/xxxx NJ Investment Purchase   C B C A B B A A N/A N/A No
xxxx 6000032375 xxxx 12103226 6000032375-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/03/19/2019)       Buyer Comment (2019-05-31): Non-material: desk review not ordered by seller therefore not required to be delivered to borrower.


Reviewer Comment (2019-05-31): Correction; evidence of borrowers receipt of the Desk Review is missing from file.


Buyer Comment (2019-05-31): (xxxx)CrossCountry Mortgage - xxx - 4/5/2019 3:38:22 PM EDTPortal
Uploaded proof of copy of appraisal provided to borrower


Reviewer Comment (2019-05-31): Received evidence of borrowers receipt of appraisal on xx/xx/xxxx however this is before the report date of 3/13/2019. Please provide evidence of borrowers receipt of u[dated appraisal report.


Seller Comment (2019-05-31): Uploaded proof of copy of appraisal provided to borrower
     04/09/2019 2 B xx/xx/xxxx NJ Investment Purchase   C B C A B B A A N/A N/A No
xxxx 6000032375 xxxx 12103227 6000032375-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing verification of PITI for borrower's primary residence. Application indicates $9,459.49. It appears this property was recently purchased as an appraisal for a purchase transaction dated 2/3/19 and a deposit of $100,000 was provided reflecting our borrower as the purchaser.     Reviewer Comment (2019-05-31): Received CD for purchase of borrowers primary to verify PITI used for qualifying.


Seller Comment (2019-05-31): Uploaded verification of PITI for borrower's primary residence
 04/09/2019     1 A xx/xx/xxxx NJ Investment Purchase   C B C A B B A A N/A N/A No
xxxx 6000032355 xxxx 12103229 6000032355-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     04/04/2019 2 B xx/xx/xxxx NV Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000032355 xxxx 12103231 6000032355-6583 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508) The appraisal field review fee and appraisal review fee were added after the initial LE. A lender credit of $600 was given to the borrower to cover both fee violations         04/01/2019   1 A xx/xx/xxxx NV Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000032355 xxxx 12103232 6000032355-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104) The appraisal field review fee and appraisal review fee were added after the initial LE. A lender credit of $600 was given to the borrower to cover both fee violations         04/01/2019   1 A xx/xx/xxxx NV Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000032355 xxxx 12103233 6000032355-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Ownership percentage must not be less 50% and documented via CPA letter, Operating Agreement, or equivalent. Borrowers provided a notarized declaration detailing percentage of ownership of each business however no other documentation to verify ownership on file DTI below max by 5% or greater, the borrowers DTI is 27%, the minimum DTI is 43%.

FICO score above minimum by 20 points or greater, the borrowers FICO score is 740, the minimum FICO score is 680.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater, the borrowers FICO score is 740, the minimum FICO score is 680.
Monthly payment reduced by -35.82 ($1377.60 savings)
50.83 months reserves
     04/05/2019 2 B xx/xx/xxxx NV Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000034680 xxxx 12103234 6000034680-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.
.		     Reviewer Comment (2019-05-31): Received a lender attestation as to why loan is ineligible for GSE delivery.
 04/04/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000034680 xxxx 12103236 6000034680-22497 05/31/2019 Credit Credit Miscellaneous Ownership status does not match ownership status provided in UW file   Borrower's ownership interest for his 1120S business that originated in 2003 is not consistent within 2017 1120 and K-1. The K-1 reflects ownership interest of 99.726% while the 1125-E reflects 100% ownership of common stock.Although the CPA letter indicates use of funds will not impact the business, ownership percentage is not addressed and guidelines require 100% for the use of the $162,103.02 funds used in qualifying.Note: No evidence found in file of the K1 for the remaining ownership.     Reviewer Comment (2019-05-31): K1 verifying remaining ownership interest was from father who transferred 100% ownership and it was shown for taxing purposes.


Buyer Comment (2019-05-31): (xxxx)please see K1s -


Seller Comment (2019-05-31): Please provide an exception to the 100% rule since the K-1 reflects 99.726%. Since the borrower took complete ownership early 2017 the previous owner (xxxx) may have retained a slight percentage for that year only. All other documents provided including the articles of incorporation support 100% ownership.
 04/05/2019     1 A xx/xx/xxxx AZ Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000034663 xxxx 12103243 6000034663-24848 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-05-31): Desk review was obtained.
 04/05/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103246 6000034663-3677 05/31/2019 Compliance Compliance Federal Compliance 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. Missing third party verification of 5 of the 8 businesses used in qualifying.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B C A Non QM Non QM Yes
xxxx 6000034663 xxxx 12103248 6000034663-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Missing third party verification of the business.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103249 6000034663-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Missing third party verification of the business.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103250 6000034663-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Missing third party verification of the business.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103252 6000034663-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Missing third party verification of the business.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103253 6000034663-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Missing third party verification of the business.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103255 6000034663-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification of 5 businesses.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103257 6000034663-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Buyer Comment (2019-05-31): Non-material
     04/10/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000034663 xxxx 12103259 6000034663-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Evidence of earlier receipt not found in file.     Buyer Comment (2019-05-31): Non-material
     04/10/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103261 6000034663-4957 05/31/2019 Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Title fees reflected in section B, should be in section C. Provider used is not listed on SSPL. Data is still not accurate on subsequent disclosure.     Buyer Comment (2019-05-31): Non-material
     04/10/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Good Faith Redisclosure C B C A C B C A Non QM Non QM Yes
xxxx 6000034663 xxxx 12103263 6000034663-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Third Party Verification Missing third party verification for xxxx. Loan approved on 1 year tax return plus YTD P&L. Guidelines require business has been in existence for at least 2 years via CPA, confirmation from regulatory/state agency or applicable licensing bureau.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103265 6000034663-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing third party verification for xxxx. Loan approved on 1 year tax return plus YTD P&L. Guidelines require business has been in existence for at least 2 years via CPA, confirmation from regulatory/state agency or applicable licensing bureau.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103267 6000034663-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing third party verification for xxxx.Loan approved on 1 year tax return plus YTD P&L. Guidelines require business has been in existence for at least 2 years via CPA, confirmation from regulatory/state agency or applicable licensing bureau.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103268 6000034663-23944 05/31/2019 Credit Income / Employment Income Documentation Income documentation requirements not met according to the AUS in file. Decision System: None Missing third party verification for xxxx.Loan approved on 1 year tax return plus YTD P&L. Guidelines require business has been in existence for at least 2 years via CPA, confirmation from regulatory/state agency or applicable licensing bureau.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034663 xxxx 12103269 6000034663-3214 05/31/2019 Credit Income / Employment Income Documentation Employment Error: Employment start date not provided.   Missing third party verification for xxxx.Loan approved on 1 year tax return plus YTD P&L. Guidelines require business has been in existence for at least 2 years via CPA, confirmation from regulatory/state agency or applicable licensing bureau.     Reviewer Comment (2019-05-31): Received Business Entity Details from CA Secretary of State website. Acceptable Third Party Verification.
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
xxxx 6000034482 xxxx 12103245 6000034482-23895 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Disclosure tracking details provided. Mailbox rule applied since via regular mail


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000034482 xxxx 12103247 6000034482-3988 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing. (Interim/xx/xx/xxxx) Revised Loan Estimate provided on xx/xx/xxxx not received by borrower at least four (4) business days prior to closing.     Reviewer Comment (2019-05-31): Disclosure tracking details provided. Mailbox rule applied since via regular mail


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000034482 xxxx 12103251 6000034482-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/0xx/xx/xxxx) Missing from the file. No seller closing costs were listed on the consumer CD     Reviewer Comment (2019-05-31): Seller CD provided


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000034482 xxxx 12103256 6000034482-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     04/11/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034482 xxxx 12103258 6000034482-25513 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 21,857.55 on Final Closing Disclosure provided on 0xx/xx/xxxx not accurate. (Final/0xx/xx/xxxx) Taxes were not escrowed per final CD. HOA dues = $550 x 12 = 6600 and HO6 policy annual premium = 840.85, which match the lender's calculations. Annual property taxes per the tax cert for title agent = $1432.28. Lender used $1366.98 as monthly tax amount per 1008 on file. This is the difference in estimated property costs over 1 year.     Reviewer Comment (2019-05-31): Updated Tax Cert provided


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000034482 xxxx 12103260 6000034482-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of rental through cancelled checks, bank debits or institutional VOR.     Reviewer Comment (2019-05-31): Received evidence of 12 months bank debits.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Reviewed bank statements for acct xxx, 1 rent debit found on 1/4/19. Unable to verify 12 month rental history.


Buyer Comment (2019-05-31): (xxxx)please review, copy of lease in file shows monthly rent was $5900. verification of debits paid out of xxxx account xxxx
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034482 xxxx 12103262 6000034482-23896 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Issue Date > Closing Disclosure Issue Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Initial/xx/xx/xxxx) The revised LE was received xx/xx/xxxx, which is the same day as the initial closing disclosure. No evidence of LE provided date on file     Reviewer Comment (2019-05-31): Confirmed CD issue date


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined cure C B C A C B A A Non QM Non QM No
xxxx 6000034482 xxxx 12103264 6000034482-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/03/13/2019) Initial appraisal was provided to the borrower on xx/xx/xxxx. The appraisal was then updated with a signature date of xx/xx/xxxx however there was no evidence a copy of this appraisal was provided to the borrower     Buyer Comment (2019-05-31): non-material: informational only. Appraiser made clerical update that did not impact value. Original appraisal provided to borrowers.


Reviewer Comment (2019-05-31): Received evidence of borrowers receipt on 2/13/19 however the report date is 3/13/19. Please provide evidence of borrowers receipt of updated appraisal report.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/11/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103271 6000032345-3136 05/31/2019 Compliance Compliance Federal Compliance 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. Application date xx/xx/xxxx. Disclosure provided xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received evidence disclosure was provided to borrower within 3 days of application.


Seller Comment (2019-05-31): Initial disclosures were sent out to borrower via email on 11/15/19- please refer to eSignLive.
 04/11/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103272 6000032345-4866 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Timing Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application. Application date xx/xx/xxxx. Disclosure provided xx/xx/xxxx.     Buyer Comment (2019-05-31): Non-material
     04/11/2019 2 B xx/xx/xxxx FL Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103274 6000032345-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing 8 months verification of $1,325 rental payments. File has 4 bank statements reflecting $1,325 rental payments to private landlord as reflected on the VOR. EA Plus guidelines require cancelled checks or bank statements or institutional VOR.File has bank statements from 9/2018 through 12/2018.     Reviewer Comment (2019-05-31): Received 12+ month evidence of rental payments stamped and signed by bank.


Seller Comment (2019-05-31): bank print out (stamped by institution) reflects payment history from 1/2018-2/2019
 04/11/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103275 6000032345-25029 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI exceeds maximum of 50% on EA Plus program     Reviewer Comment (2019-05-31): removed after income was recalculated.
       1 A xx/xx/xxxx FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
xxxx 6000032345 xxxx 12103276 6000032345-25034 05/31/2019 Compliance Compliance Federal Compliance 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 50.03647% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)   0 X 30 24 month housing history

FICO score above minimum by 20 points or greater 754 vs 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors
     04/05/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103277 6000032345-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 50.03647% exceeds Guideline total debt ratio of 50.00000%. EA Plus Guideline maximum DTI is 50%. Lender calculated $3,721 asset income plus $778 SSI income. Review calculated $3,623.17 asset and $778 SSI. It appears lender included the two $778 SSI deposits in the balance of checking account #1808 while review deducted these from the balance.     Reviewer Comment (2019-05-31): cleared


Reviewer Comment (2019-05-31): to Clear


Reviewer Comment (2019-05-31): Income was recalculated, EMD was excluded from assets but also included in closing cosyts, subsequently double counting as a deduction. When this was corrected, income was back within acceptable levels.


Buyer Comment (2019-05-31): (xxxx)American Financial Network - xxx- 21h agoPortal
Please provide copy of income worksheet.



mrangel@orionlending.com
 04/12/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032345 xxxx 12103278 6000032345-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI over 50%     Reviewer Comment (2019-05-31): Cleared


Reviewer Comment (2019-05-31): to clear


Reviewer Comment (2019-05-31): removed after income was recalculated.
 04/12/2019     1 A xx/xx/xxxx FL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032370 xxxx 12103282 6000032370-6414 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final/xx/xx/xxxx) Contact Information: Final Closing Disclosure provided on xx/xx/xxxx did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID).     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.
   04/11/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032370 xxxx 12103283 6000032370-4394 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Appraised Property Value that did not match the actual Property Value for the loan. (Final/xx/xx/xxxx) Appraised value is $xxx, and the value used on the Final CD was $xxx     Buyer Comment (2019-05-31): Non-material
     04/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000032370 xxxx 12103284 6000032370-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $750.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) A cure of $225.00 was given to the borrower at closing.         04/04/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
xxxx 6000034487 xxxx 12103293 6000034487-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Corrected PC CD was provided but missing LOE to borrower regarding changes.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Seller Comment (2019-05-31): COC uploaded
   04/10/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000034487 xxxx 12103295 6000034487-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Lender attestation not provided - DU is Approve/Eligible, full doc loan - 1008 states loan was manually underwritten, but does not state the reason.     Reviewer Comment (2019-05-31): Received 1008 with reason loan was manually underwritten.


Seller Comment (2019-05-31): 1008 Uploaded
 04/10/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000032328 xxxx 12103298 6000032328-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.74850% or Final Disclosure APR of 6.74900% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Compliant Higher Priced Mortgage Loan
     04/08/2019 1 A xx/xx/xxxx KS Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000032328 xxxx 12103300 6000032328-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 5.23 is less than Guideline PITIA months reserves of 6.00. File contains a Lender Exception. FICO score above minimum by 20 points or greater 763 vs 740

DTI below max by 5% or greater. 27% vs 43%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client granted exception waiver
     04/08/2019 2 B xx/xx/xxxx KS Primary Purchase   C B C B A A A A Non QM Non QM No
xxxx 6000034664 xxxx 12103302 6000034664-3677 05/31/2019 Compliance Compliance Federal Compliance 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 (2019-05-31): Updated property that did not have a lease agreement.
       1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
xxxx 6000034664 xxxx 12103303 6000034664-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Incomplete third party verification provided     Reviewer Comment (2019-05-31): Updated property that did not have a lease agreement.
       1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation   C B A A C B A A Non QM Non QM No
xxxx 6000034664 xxxx 12103304 6000034664-1234 05/31/2019 Compliance Compliance Federal Compliance 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. (Non-Subject Investment/25% Vacancy Method) Investment property lease agreements, 1040's, rent schedules were not provided     Reviewer Comment (2019-05-31): Updated property that did not have a lease agreement.
       1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation   C B A A C B A A Non QM Non QM No
xxxx 6000034664 xxxx 12103305 6000034664-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Cure for 0% tolerance violation of $1,350 was not provided. Provide a post-close CD disclosing the tolerance cure of $1,350, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-05-31): Fee name changed.
 04/01/2019     1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000034664 xxxx 12103306 6000034664-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of $1,350.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7355) Administration Fee of $1,350 was not disclosed on the LE. No valid COC provided, nor evidence of cure in the file.     Reviewer Comment (2019-05-31): Fee name changed.
 04/01/2019     1 A xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation 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
xxxx 6000034664 xxxx 12103307 6000034664-18823 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on xx/xx/xxxx did not use the same fee terminology as the Loan Estimate. (Final/xx/xx/xxxx) Fee name changed from Commitment fee to Administration fee.     Reviewer Comment (2019-05-31): Corrected CD, LOX and proof of delivery provided. Unable to cure exception. Will remain and EV-2.
       2 B xx/xx/xxxx WA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000034684 xxxx 12103308 6000034684-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete required testing.
     04/11/2019 2 B xx/xx/xxxx NV Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
xxxx 6000034466 xxxx 12103361 6000034466-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $600.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           04/05/2019   1 A xx/xx/xxxx GA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
xxxx 6000036736 xxxx 12103377 6000036736-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final Closing Disclosure reflects a Closing Date of xx/xx/xxxx, but the transaction consummation mortgage notary date was xx/xx/xxxx. This issue is corrected on the post-closing CD issued on xx/xx/xxxx.     Reviewer Comment (2019-05-31): Corrected PC CD and LOE were provided.
   03/27/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
xxxx 6000036736 xxxx 12103388 6000036736-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Client acknowledges, EV2 Rating.


Buyer Comment (2019-05-31): please waive as there are two appraisals and neither sure receipt has an identifying number to reference.


Reviewer Comment (2019-05-31): 2 Surereceipts were provided in file dated 3/6/19 and xx/xx/xxxx, but there is no way to tell which appraisal was provided with each receipt.
     03/28/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000036736 xxxx 12103392 6000036736-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Client acknowledges, EV2 Rating.
     03/28/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
xxxx 6000036739 xxxx 12103357 6000036739-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Actual closing/consummation occurred on xx/xx/xxxx.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   04/02/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000036739 xxxx 12103358 6000036739-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Veriifed final CD xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received Final Settlement Statement from closing agent reflecting disbursement date of xx/xx/xxxx.


Buyer Comment (2019-05-31): see final ALTA showing disbursed 03/18


Reviewer Comment (2019-05-31): Final CD reflects an Issue Date of xx/xx/xxxx, Closing Date of xx/xx/xxxx, and a Disbursement Date of xx/xx/xxxx. The earliest Disbursement Date allowed, using the actual Consummation Date of xx/xx/xxxx (date borrower signed closing documents) is xx/xx/xxxx. In order to clear Exception, provide evidence of actual Disbursement Date no earlier than xx/xx/xxxx. Or in order to Cure, provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form of RTC.


Buyer Comment (2019-05-31): see initial appraisal dated 03/01....revised appraisal was dated 03/08
 04/02/2019     1 A xx/xx/xxxx CA 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 B C B A A Non QM Non QM Yes
xxxx 6000036739 xxxx 12103360 6000036739-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Per guidelines for asset depletion, evidence of 6 months seasoned assets required - only two months provided.     Reviewer Comment (2019-05-31): Source of funds were from the proceeds of sale of REO. Closing statement provided reflecting net proceeds to borrower of $965,529.58. Funds were deposited into xxxx


Buyer Comment (2019-05-31): If the borrower recently sold a property and is using those assets for asset depletion, then we would not require 6 months of statements since we have verified the source of the assets
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000036739 xxxx 12103362 6000036739-25421 05/31/2019 Credit Guideline Guideline Issue Rural property type is not permitted per Guidelines.   Lender approved this exception - page 171. 776 representative FICO score > 680 guideline minimum - 94 points above guideline minimum Aggregator Reviewer Comment (2019-05-31): Lender waived prior to origination.
     03/27/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000036739 xxxx 12103363 6000036739-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Appraisal was dated 3/8/19, evidence of receipt was dated 3/5/19.     Reviewer Comment (2019-05-31): Received copy of initial appraisal report dated 3/1/2019. Initial appraisal was received by borrower on xx/xx/xxxx.
 03/28/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000036739 xxxx 12103364 6000036739-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Lender acknowledges findings. EV2 Rating.


Buyer Comment (2019-05-31): please use waiver for this condition.


Reviewer Comment (2019-05-31): Received copy of initial appraisal report dated 3/1/2019. Initial appraisal was received by borrower on xx/xx/xxxx. Missing evidence revised appraisal report dated 3/8/2019 was received by borrower within timing requirements.
     04/02/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000036739 xxxx 12103365 6000036739-20785 05/31/2019 Compliance Compliance Federal Compliance TRID Disbursement Date Closing Information section of CD dated xx/xx/xxxx reflects inaccurate Disbursement Date. Received Final Settlement Statement from closing agent reflecting disbursement date of xx/xx/xxxx.     Reviewer Comment (2019-05-31): PC-CD provided with correct disbursement date
   04/02/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030011 xxxx 12103375 6000030011-23688 05/31/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage = $850,000. Estimated Cost New = $2,129,700. Loan Amount = $xxxx     Reviewer Comment (2019-05-31): Insurer's estimate to rebuild was less than coverage.


Reviewer Comment (2019-05-31): Received evidence of insurance company's Replacement Cost Estimator value.


Buyer Comment (2019-05-31): (xxxx)please see insurer's replacement cost evaluation


Reviewer Comment (2019-05-31): As of xx/xx/xxxx, still have not received proof of sufficient hazard insurance coverage. Hazard policy provided reflects coverage of $850,000.00 which is not enough to cover the loan amount of $xxx,xxx or appraisal replacement cost of $2,129,700.00. A revised insurance policy with coverage sufficient to cover the loan amount, or documentation from the property insurer to establish their opinion of the property's true replacement cost are required to clear this exception.
 04/11/2019     1 A xx/xx/xxxx FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030011 xxxx 12103381 6000030011-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date xx/xx/xxxx. Provided date xx/xx/xxxx. Effective date 11/27/2018.     Buyer Comment (2019-05-31): non-material: there was no change to value. Original appraisal delivered to borrower.


Reviewer Comment (2019-05-31): Missing evidence updated valuation dated xx/xx/xxxx was provided to the borrower within timing requirements.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Per documentation in file, the borrower was provided a copy of the appraisal on xx/xx/xxxx, which is prior to the final appraisal report date of 12/102/2018. As of xx/xx/xxxx, still have not received evidence the final appraisal was provided to and received by the borrower at least 3 business days prior to closing.
     03/27/2019 2 B xx/xx/xxxx FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030011 xxxx 12103385 6000030011-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $59.45 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) The borrower received a credit at closing to cover the difference.         03/14/2019   1 A xx/xx/xxxx FL Primary Refinance - Rate/Term Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000030011 xxxx 12103394 6000030011-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/01/29/2018)       Buyer Comment (2019-05-31): non-material: appraiser made clerical update that did not impact value. No new valuation occurred, original appraisal delivered to borrower.


Reviewer Comment (2019-05-31): As of xx/xx/xxxx, still have not received evidence the desk review was provided to and received by the borrower at least 3 business days prior to closing.
     04/03/2019 2 B xx/xx/xxxx FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000030011 xxxx 12103396 6000030011-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 02/08/2019 disclosed a Closing Date that did not match the actual date of consummation. (Final/02/08/2019) Disclosure reflects Closing Date of ( xx/xx/xxxx), but transaction consummation (mortgage notary) date was ( xx/xx/xxxx).     Reviewer Comment (2019-05-31): Received Final Cd issued 2/21/2019.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/26/2019     1 A xx/xx/xxxx FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000030011 xxxx 12103398 6000030011-2666 05/31/2019 Compliance Compliance Federal Compliance TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (3) business days from transaction date of xx/xx/xxxx. Expiration date of 2/25/2019 is after disbursement date of 2/21/2019. .     Reviewer Comment (2019-05-31): Received Final Cd issued 2/21/2019.


Buyer Comment (2019-05-31): (xxxx)please see docs
 03/26/2019     1 A xx/xx/xxxx FL 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 B C B A A Non QM Non QM Yes
xxxx 6000030011 xxxx 12103401 6000030011-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing business narrative which includes detail related to size/scope and operating profile of the business. PITIA reserves above minimum by 6 months or greater: $662,899.11 vs $146,745.18

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 772 vs 700.

DTI below max by 5% or greater. 28.1632% vs 43%.		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): xxxx elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Internet site page showing company profile included in loan file. CPA letter confirmed business has no W2 or contractors on payroll. xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 772 vs 700.
0 X 30 24 month housing history
PITIA reserves above minimum by 6 months or greater: $662,899.11 vs $146,745.18
     03/21/2019 2 B xx/xx/xxxx FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
xxxx 6000034464 xxxx 12103397 6000034464-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or lender attestation why loan does not qualify for agency financing is missing from loan package     Reviewer Comment (2019-05-31): Received lender attestation as to why loan is ineligible for GSE delivery.
 03/29/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000034464 xxxx 12103404 6000034464-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Seller Comment (2019-05-31): please provide copy of borrower's rate lock confirmation
 03/29/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000034464 xxxx 12103405 6000034464-4246 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of 69.16996% exceeds Guideline combined loan to value percentage of 65.00000%. Max LTV/CLTV is 65% for an EA Plus $1,750,000 loan amount Cash-out Primary with 747 FICO PITIA reserves above minimum by 6 months or greater. 22.5 mos. > 12 mos. required

FICO score above minimum by 20 points or higher. 747 > 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Exception for 4% was waived per client's pre-approved waiver list.
     03/22/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000034464 xxxx 12103409 6000034464-22155 05/31/2019 Credit Guideline Guideline Issue Loan product type is ineligible per guidelines.   5/1 40 year I/O adjustable rate mortgages are not an eligible product per guidelines     Reviewer Comment (2019-06-07): This is an eligible product.
 06/07/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000034464 xxxx 12103410 6000034464-25271 05/31/2019 Credit Guideline Guideline Issue Initial Rate Minimum and/or Maximum is ineligible per guidelines. Product: 5/1 ARM (I/O);
Initial Ceiling Cap: 2.00000%;
Initial Floor Cap: 0.00000%;
Margin: 3.50000%		 Initial rate floor should be 2% or 3.875% and Life rate ceiling should be set at the margin of 3.5% PITIA reserves above minimum by 6 months or greater. 22.5 mos. > 12 mos. required

FICO score above minimum by 20 points or higher. 747 > 700		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or higher. 747 > 700
PITIA reserves above minimum by 6 months or greater. 22.5 mos. > 12 mos. required
     03/29/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000034464 xxxx 12103411 6000034464-22708 05/31/2019 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $1,610,000.00 is less than the note amount of $xxx based on the title evidence in file. Proposed insured loan amount per supplemental title report is $1,610,000     Reviewer Comment (2019-05-31): Received attestation from title company stating policy to be issued in amount of $1,750,000.
 03/29/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
xxxx 6000036322 xxxx 12103371 6000036322-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx)       Reviewer Comment (2019-05-31): Received evidence borrower was provided with appraisal.
 04/16/2019     1 A xx/xx/xxxx MD Investment Purchase   C A C A B A A A N/A N/A No
xxxx 6000036322 xxxx 12103372 6000036322-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Paystubs, Transcripts (2016), Transcripts (2017), W-2 (2017), W-2 (2018) Missing most recent paystub including year to date earnings. Guidelines state recent paystub which cover a minimum of 30 days and a WVOE (if needed for analysis of overtime, bonus or commission) are required on full doc wage earner program. WVOE dated 2/27/2019 was provided with YTD earnings reflected.     Reviewer Comment (2019-05-31): Received ytd paystub and 2 years W2s.
 04/25/2019     1 A xx/xx/xxxx MD Investment Purchase   C A C A B A A A N/A N/A No
xxxx 6000036322 xxxx 12103373 6000036322-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Full doc loan for wage earner, Guidelines require W2 Transcripts. File included the "The Work Number" with prior two years earnings and W2s were not provided in file. Please provide 2016 W2 Transcript for borrower.     Reviewer Comment (2019-05-31): Received IRS Transcripts for 2018,2017,2016.
 04/26/2019     1 A xx/xx/xxxx MD Investment Purchase   C A C A B A A A N/A N/A No
xxxx 6000036322 xxxx 12103374 6000036322-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Full doc loan for wage earner, Guidelines require W2 Transcripts unless the 1040 transcripts are provided.File only provided the "The Work Number" with prior two years earnings.     Reviewer Comment (2019-05-31): Received IRS Transcripts for 2018,2017,2016.


Buyer Comment (2019-05-31): (xxxx)
First Savings Mortgage - xxx - 1h agoPortal
We have provided 2 paystubs for the income we are using (The Washington Post). W2s for (2016-2018). The The Work Number WVOE/VVOEs for the time period of the file. And as of this morning the (1040) Tax Transcripts <2016-2018). The W2 Transcripts were re-ordered on Monday after an issue with Factual Data. Based on the exceptions we should be good. Please advise. Thanks
 04/26/2019     1 A xx/xx/xxxx MD Investment Purchase   C A C A B A A A N/A N/A No
xxxx 6000035326 xxxx 12103366 6000035326-2842 05/31/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided         Reviewer Comment (2019-05-31): Received hazard insurance policy.


Buyer Comment (2019-05-31): (xxxx)Uploading docs submitted by seller 4/11.
 04/17/2019     1 A xx/xx/xxxx FL Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000035326 xxxx 12103368 6000035326-3841 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines   Borrower is the buying sales agent for subject property.EA Plus guidelines restrict non-arms length transactions on investment properties. No evidence of client's eligibility waiver found in file approving this exception. Residual income $1,000 greater than minimum required. 3,866.60 vs $2,650

FICO score above minimum by 20 points or greater. 788 vs 720.

DTI below max by 5% or greater. DTI 23.9% vs 43%.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx does not consider borrower acting as her own agent as NAL - will allow w/comp factors:
DTI below max by 5% or greater. DTI 23.9% vs 43%.
FICO score above minimum by 20 points or greater. 788 vs 720.
Residual income $1,000 greater than minimum required. 3,866.60 vs $2,650
     04/12/2019 2 B xx/xx/xxxx FL Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000035326 xxxx 12103369 6000035326-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing March 2017 bank statement. Per xxxx Bank. account 7598 was opened 4/4/2017, however loan was qualified on 24 month bank statement income. No evidence of client's eligibility waiver found in file approving this exception. Residual income $1,000 greater than minimum required. 3,866.60 vs $2,650

FICO score above minimum by 20 points or greater. 788 vs 720.

DTI below max by 5% or greater. DTI 23.9% vs 43%.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors - income calculated over a 24 mo period.

FICO score above minimum by 20 points or greater. 788 vs 720.
Residual income $1,000 greater than minimum required. 3,866.60 vs $2,650


Reviewer Comment (2019-05-31): Please advise if client elects to waive.


Buyer Comment (2019-05-31): (xxxx)Seller response:
xxxx/FUNDLOANS - xxxx - 15h agoPortal
FundLoans Executive team made a decision to close the loan with 23 months of the 24 months bank statements recommended.



Our reasons are, as follows:

1) Borrower began her sole and separate business account in 4/2017 (despite a greater than 24 months self-employment history) Requiring statements prior to that were going to result in including commingled personal accounts, which we avoided.

2) Current income is 23 months times $4,759.96 (of a total of $109,479.08 over the entire period). Since real estate commission income is sporadic, it is entirely possible that adding an additional month of bank statements may result in no new additional income. Since DTI was so low, xxxx Executive team reasoned that the worst case scenario for DTI would be the same $109,479.08 divided by 24 months (instead of 23 months) or $4,561.62. DTI would then be 25.87% instead of 25.17%, with no significant change in ATR risk.

3) Borrower has significant post-closing reserves (24 months) to budget adequately until her next commission earning month.


Seller Comment (2019-05-31): xxxx Executive team made a decision to close the loan with 23 months of the 24 months bank statements recommended.

Our reasons are, as follows:
1) Borrower began her sole and separate business account in 4/2017 (despite a greater than 24 months self-employment history) Requiring statements prior to that were going to result in including commingled personal accounts, which we avoided.
2) Current income is 23 months times $4,759.96 (of a total of $109,479.08 over the entire period). Since real estate commission income is sporadic, it is entirely possible that adding an additional month of bank statements may result in no new additional income. Since DTI was so low, FundLoans Executive team reasoned that the worst case scenario for DTI would be the same $109,479.08 divided by 24 months (instead of 23 months) or $4,561.62. DTI would then be 25.87% instead of 25.17%, with no significant change in ATR risk.
3) Borrower has significant post-closing reserves (24 months) to budget adequately until her next commission earning month.
     04/22/2019 2 B xx/xx/xxxx FL Investment Purchase   C B C B A A A A N/A N/A No
xxxx 6000032376 xxxx 12103379 6000032376-25029 05/31/2019 Compliance Compliance Federal Compliance Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI exceeds guideline maximum of 50%     Reviewer Comment (2019-05-31): Client waiver provided, updated DTI 47%
 04/29/2019     1 A xx/xx/xxxx CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103380 6000032376-5695 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI exceeds guideline maximum of 50%     Reviewer Comment (2019-05-31): Client waiver provided, updated DTI 47%
 04/29/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032376 xxxx 12103382 6000032376-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $10,650.90 and disclosure timing violations. Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $10,650.90 and disclosure timing violations.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.


Buyer Comment (2019-05-31): (xxxx)please see eConsent
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
xxxx 6000032376 xxxx 12103384 6000032376-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Final Closing Disclosure did not reflect any cures provided due to fees over tolerance resulting from missing borrower's consent for E-Signing.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103387 6000032376-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,127.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103389 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,184.21 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103391 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $1,300.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103393 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $495.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7334) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103395 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $40.19 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103399 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $13.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103400 6000032376-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $2,491.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304) Per xxxx update, absence of e-consent at the time of the initial Loan Estimate is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of earlier e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic disclosures.
 04/08/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
xxxx 6000032376 xxxx 12103403 6000032376-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 50.22580% exceeds Guideline total debt ratio of 50.00000%. Credit Comparison report dated xx/xx/xxxx reflects a new unsecured tradeline opened with a balance of $50,000 and payment of $836 not included in the debt ratio. Exception waiver granted allowing DTI of 46.87% vs. 43% however the DTI exceeds 50%. PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)

Job stability of 5 years or more. Co borrower has been on her job 10 years		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
Job stability of 5 years or more. Co borrower has been on her job 10 years
PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)


Buyer Comment (2019-05-31): (xxxx)After proof of payoff, updated DTI is 47%. xxxx elects to waive based on compensating factors:
Job stability of 5 years or more. Co borrower has been on her job 10 years
PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)


Reviewer Comment (2019-05-31): Received documentation from SOFI that $50,000 debt was paid off prior to closing. Updated DTI is 47%, please provide updated approval for DTI exception.


Buyer Comment (2019-05-31): (xxxx)please see docs


Seller Comment (2019-05-31): Received Final SS for subject property however, the Final signed SS for 6013 Cale De Felice was not provided to confirm payoff of xxxx accts.


Reviewer Comment (2019-05-31): Received Final SS for subject property however, the Final signed SS for 6013 Cale De Felice was not provided to confirm payoff of xxxx accts.


Seller Comment (2019-05-31): Condition was noted by the pre-close review and noted as a Prior to purchase condition:

Provide final signed Alta Settlement/Seller Closing disclosure to confirm final net proceeds for the sale of xxxx, not to be less than $253,500.00 and confirm pay off of xxxx #3906 and #1998 as well as short term personel loan. ****Prior to purchase conditions are required to be included in the post close package to ensure loan purchase by xxxxCP.****


Reviewer Comment (2019-05-31): xxxx Exception Waiver Granted to allow DTI of 46.87% vs 43%. DTI exceeded 46.87% as an additional liability was opened per Credit Comparison report that was not included in the debt ratio. A letter of explanation was provided stating it would be paid off with proceeds from sale of departing residence, however the file did not document the additional liability was paid off. Additionally, RSU income did not meet continuance guidelines. Inclusion of the additional debt and removal of the RSU income increases the DTI over 50%.


Seller Comment (2019-05-31): Per u/w: This was a total non-delegated file with xxxx purchase and clear to close. Please push back as they reviewed and final approved the entire file.
     04/25/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032376 xxxx 12103406 6000032376-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   xxxx Exception Waiver Granted to allow DTI of 46.87% vs 43%. DTI exceeded 46.87% as an additional liability was opened per Credit Comparison report that was not included in the debt ratio. A letter of explanation was provided stating it would be paid off with proceeds from sale of departing residence, however the file did not document the additional liability was paid off. Additionally, RSU income did not meet continuance guidelines. Inclusion of the additional debt and removal of the RSU income increases the DTI over 50%. PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)

Job stability of 5 years or more. Co borrower has been on her job 10 years		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)duplicate condition. please see ex. 11360762 for DTI waiver
     04/25/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032376 xxxx 12103407 6000032376-4245 05/31/2019 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. Max LTV is 80% for DTI between 45-50%. PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)

Job stability of 5 years or more. Co borrower has been on her job 10 years		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
Job stability of 5 years or more. Co borrower has been on her job 10 years
PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)
     04/25/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000032376 xxxx 12103408 6000032376-25034 05/31/2019 Compliance Compliance Federal Compliance 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 50.22580% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI is excessive due to additional debt not included in debt ratio and RSU income excluded as it did not meet continuance requirements.     Reviewer Comment (2019-05-31): Client waiver provided, updated DTI 47%


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
Job stability of 5 years or more. Co borrower has been on her job 10 years
PITIA reserves above minimum by 6 months or higher (18.27 vs 12 months required)
 04/29/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C A A A Non QM Non QM No
xxxx 6000034501 xxxx 12103413 6000034501-6643 05/31/2019 Compliance Compliance State Compliance Illinois SB 1894 IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.       Reviewer Comment (2019-05-31): Certificate of Compliance provided.


Buyer Comment (2019-05-31): (xxxx)Certificate of Compliance uploaded


Reviewer Comment (2019-05-31): Information provided reflects either a Certificate of Compliance or Certificate of Exemption must be attached to mortgage. Subject is a 1-4 unit, owner-occupied residential property located in xxxx. and not exempt from the Act.


Buyer Comment (2019-05-31): (xxxx)IL Cert of Completion or Exemption not required
 04/17/2019     1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
xxxx 6000034501 xxxx 12103414 6000034501-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $198.00 exceeds tolerance of $178.00 plus 10% or $195.80. Sufficient or excess cure was provided to the borrower at Closing. (0) Sufficient or excess cure was provided to the borrower at Closing.         03/29/2019   1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
xxxx 6000034501 xxxx 12103415 6000034501-4436 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Borrower signed waiver, however evidence of receipt was not provided     Reviewer Comment (2019-05-31): Received evidence appraisal was provided to the borrower.


Buyer Comment (2019-05-31): (xxxx)Proof of appraisal receipt uploaded
 04/08/2019     1 A xx/xx/xxxx IL Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
xxxx 6000034501 xxxx 12103416 6000034501-4824 05/31/2019 Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on xx/xx/xxxx reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/xx/xx/xxxx) The payees for Desk Review and Investor Review Fees are blank     Reviewer Comment (2019-05-31): PC-CD and LOE provided to the borrower prior to AMC review


Buyer Comment (2019-05-31): (xxxx)Payees are updated on PCCD, submitted
   04/08/2019   2 B xx/xx/xxxx IL Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000031854 xxxx 12103432 6000031854-3495 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Report date xx/xx/xxxx. Provided date xx/xx/xxxx. Effective date 1/18/2019.     Reviewer Comment (2019-05-31): Received evidence borrower provided with updated appraisal report.


Seller Comment (2019-05-31): Appraisal presumed received date of 3/1/19 is not atleast 3 business days from consummation date of xx/xx/xxx. Please provide evidence of borrower receipt 2/28/19 or before to clear this exception.


Reviewer Comment (2019-05-31): Evidence of borrowers receipt of the updated 1st appraisal with a report date of 2/13/19 has not yet been provided.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103433 6000031854-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/02/25/2019) Appraisal provided 2/26/2019 with assumed receipt date of 3/1/2019 is not a minimum of 3 business days prior to closing of xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received verification of borrowers receipt at least 3 days prior to close.


Reviewer Comment (2019-05-31): Appraisal presumed received date of 3/1/19 is not atleast 3 business days from consummation date of xx/xx/xx. Please provide evidence of borrower receipt 2/28/19 or before to clear this exception.


Seller Comment (2019-05-31): Please see PCCD and letter. Closing date is xx/xx/xxxx. Timeline requirements were met.
 04/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103434 6000031854-6446 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.79210% or Final Disclosure APR of 6.89600% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Second Appraisal paid with cure at closing
 04/23/2019     1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103435 6000031854-4172 05/31/2019 Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for two (2) appraisals.       Reviewer Comment (2019-05-31): Borrower received $675 tolerance cure at close which included $525 for second appraisal fee.


Seller Comment (2019-05-31): The borrower was not charged for 2 appraisals. Please see tolerance cure given at closing for the appraisal $525 and appraisal review $150. Total tolerance cure of $675 was refunded to the borrower.
 04/02/2019     1 A xx/xx/xxxx CA Primary Purchase Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) C A A A C A A A Non QM Non QM Yes
xxxx 6000031854 xxxx 12103437 6000031854-7013 05/31/2019 Compliance Compliance Federal Compliance (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. (Type:Secondary/02/25/2019) Appraisal provided 2/26/2019 with assumed receipt date of 3/1/2019 is not a minimum of 3 business days prior to closing of xx/xx/xxxx.     Reviewer Comment (2019-05-31): Received verification of borrowers receipt at least 3 days prior to close.


Seller Comment (2019-05-31): Please see attached LOE from the borrower confirming she received the appraisal on 2/26/19. Thanks


Reviewer Comment (2019-05-31): Received processor cert verifying the secondary appraisal was sent on 2/26/19 however due to a confirmation of receipt 3 business says has been added with a receipt date of 3/1/19 which is not at least 3 business days before close.


Seller Comment (2019-05-31): Received provided date of 2/26/2019 however unable to verify borrowers receipt date.


Reviewer Comment (2019-05-31): Received provided date of 2/26/2019 however unable to verify borrowers receipt date.


Buyer Comment (2019-05-31): (xxxx)please see appraisal receipt


Reviewer Comment (2019-05-31): Appraisal presumed received date of 3/1/19 is not atleast 3 business days from consummation date of 3/5/19. Please provide evidence of borrower receipt 2/28/19 or before to clear this exception.


Seller Comment (2019-05-31): Please see PCCD and letter. Closing date is xx/xx/xxx. Timeline requirements were met.
 04/11/2019     1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103438 6000031854-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.79210% or Final Disclosure APR of 6.89600% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     03/28/2019 1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103439 6000031854-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent CD, however no evidence of required letter of explanation found in file.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided
   04/02/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000031854 xxxx 12103442 6000031854-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Seller Comment (2019-05-31): please provide copy of borrowers rate lock
 04/02/2019     1 A xx/xx/xxxx CA Primary Purchase   C A A A C A A A Non QM Non QM No
xxxx 6000031854 xxxx 12103444 6000031854-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $525.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)           03/28/2019   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
xxxx 6000031854 xxxx 12103446 6000031854-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104)           03/28/2019   1 A xx/xx/xxxx CA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
xxxx 6000034504 xxxx 12103510 6000034504-24188 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $187.00 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) CD reflects $187. Per appraisal and Sales Contract annual HOA dues are $200/12 = $16.67. Calculations for 12 months would equal $200.04, 11 months would equal $183.37 and 10 months would equal $166.70     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/12/2019   2 B xx/xx/xxxx IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000034504 xxxx 12103511 6000034504-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst-case APOR used to complete compliance testing


Reviewer Comment (2019-05-31): Received the HOEPA/HMDA disclosure however the borrowers rate lock is still missing.


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/29/2019 2 B xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034504 xxxx 12103512 6000034504-643 05/31/2019 Credit Assets Asset Documentation Assets Error: Accounts are missing   Missing verification of 2 months seasoning for borrower's Trust account. Letter in file dated 3/19/2019 indicates a current balance of $193,000 with the entire amount available for withdrawal at any time. Guidelines require verification of 2 months seasoning. Wire sent 3/28/2019 reflects $165,000 sent to escrow from xxx, Inc. which is the same company who sent the letter.     Reviewer Comment (2019-05-31): Upon further review condition has been cleared with documentation provided. Per EA Plus 10/18 guidelines requirements not specifically referenced in overlay to refer to FNMA seller guide, trust documentation meets FNMA requirements.


Buyer Comment (2019-05-31): (xxxx)Please note that This is a Trust Account there are no bank statements for this account. What else will you accept to clear this condition?


Reviewer Comment (2019-05-31): Received a transaction history of borrowers savings account with deposit matching the wire however 2 months bak statements for the trust account are needed.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/30/2019     1 A xx/xx/xxxx IL Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034688 xxxx 12103443 6000034688-2842 05/31/2019 Credit Loan Package Documentation Loan File Missing Document: Hazard Insurance Policy not provided   Hazard insurance policy missing from file.     Reviewer Comment (2019-05-31): Received, condition cleared.


Seller Comment (2019-05-31): See attached Hazard Policy
 04/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000034688 xxxx 12103449 6000034688-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   The borrowers employment location and the subject property is located 1 hour and 18 minutes away from one another (79.8 miles). Unable to locate and letter of explanation in the loan file to determine the borrowers living arrangements while working away from the primary residence.     Reviewer Comment (2019-05-31): Borrowers primary residence is relatively convenient to the borrower's principal place of employment. Condition satisfied.


Seller Comment (2019-05-31): See attached Rebuttal
 04/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
xxxx 6000034688 xxxx 12103452 6000034688-6331 05/31/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-1,669.96 is less than amount of binding Lender Credit previously disclosed in the amount of $-1,688.00. (9300) The LE dated 03/185/19 reflects the lender credit as $-1,688 and the final CD dated 04/02/19 reflects a lender credit of $-1,669.96, a difference of $18     Reviewer Comment (2019-05-31): COC received, updated the lender credit.


Seller Comment (2019-05-31): See attached COC showing Loan Amount and Lender Credit Change for 3.27.19 CD
 04/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term 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
xxxx 6000034688 xxxx 12103454 6000034688-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The CD did not disclose an amount. The actual amount is $18 which is the amount the lender credit was decreased     Reviewer Comment (2019-05-31): COC received, updated the lender credit.


Seller Comment (2019-05-31): Please see COC that was submitted showing Lender credit change disclosed on 3.27 CD
 04/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000032346 xxxx 12103484 6000032346-2834 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided         Reviewer Comment (2019-05-31): Flood Cert provided


Buyer Comment (2019-05-31): (xxxx)Flood cert uploaded
 03/26/2019     1 A xx/xx/xxxx AZ Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032346 xxxx 12103486 6000032346-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) Missing evidence of appraisal receipt.     Reviewer Comment (2019-05-31): Evidence of appraisal receipt was provided at the bottom of the appraisal paid invoice.


Buyer Comment (2019-05-31): (xxxx)Appraisal delivery
 03/25/2019     1 A xx/xx/xxxx AZ Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000032346 xxxx 12103487 6000032346-4613 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Final/xx/xx/xxxx) The HOI annual premium as shown on the HOI policy is $1128.29; the final CD had $1153.29 which includes the $25 setup fee.     Buyer Comment (2019-05-31): non-material: prepaids include $25 setup fee
     03/21/2019 2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032346 xxxx 12103488 6000032346-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. The Home Loan Toolkit Disclosure was not provided to applicant.     Reviewer Comment (2019-05-31): Evidence of Home Loan Tool Kit provided to Borrower was provided.


Buyer Comment (2019-05-31): (xxxx)Home Loan Toolkit Acknowledgment Disclosure uploaded.
 03/25/2019     1 A xx/xx/xxxx AZ Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000032346 xxxx 12103489 6000032346-17648 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) Real Estate Commission Sellers Broker $7125, disclosed on the seller CD was not disclosed on the buyer CD.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   04/11/2019   1 A xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032346 xxxx 12103491 6000032346-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 3,553.80 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Monthly property taxes collected on final CD at $202.13 do not match the monthly amount per the tax cert - $1149.45 semi-annually = $199.91.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided
   04/11/2019   2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000032346 xxxx 12103494 6000032346-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/736296) Monthly property taxes collected on final CD at $202.13 do not match the monthly amount per the tax cert - $1149.45 semi-annually = $199.91.     Reviewer Comment (2019-05-31): AMC reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Seller Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure.
 04/17/2019     1 A xx/xx/xxxx AZ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000032346 xxxx 12103497 6000032346-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/736296) Monthly property taxes collected on final CD at $202.13 do not match the monthly amount per the tax cert - $1149.45 semi-annually = $199.91.     Reviewer Comment (2019-05-31): AMC reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Seller Comment (2019-05-31): Uploaded FedEx tracking and internal shipping history; PCCD delivered to the borrower on 4/3/19


Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided. Please provide proof of delivery to cure.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/17/2019     1 A xx/xx/xxxx AZ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103462 6000034477-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.79870% or Final Disclosure APR of 6.80100% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan and FED Compliant
     04/12/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103463 6000034477-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.79870% or Final Disclosure APR of 6.80100% is in excess of allowable threshold of APOR 4.39% + 1.5%, or 5.89000%. Compliant Higher Priced Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan and FED Compliant
     04/12/2019 1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103464 6000034477-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) Credit was given after closing date for $281.00     Buyer Comment (2019-05-31): Non-material: clerical


Reviewer Comment (2019-05-31): Unable to address this exception. The cure was disclosed improperly on page 3 under adjustments, rather than pages 2 in section J, and in Calculating Cash to Close on page 3.
     04/23/2019 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103466 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): AMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2019-05-31): Please refer to PPCD1 dated 4/4/2019. Lender cure for appraisal fee reflected on page3 under adjustments


Reviewer Comment (2019-05-31): Received e-consent however, the initial LE reflected the appraisal fee as $600, the Final CD fee was $625. A valid COC for the increase was not provided in file. Please provided a corrected CD, letter of explanation to the borrower, a refund check and proof of delivery.
   04/22/2019   2 B xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103468 6000034477-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing verification of CPA license     Buyer Comment (2019-05-31): (xxxx)Please updt condition grade:

Reviewer Comment (2019-04-16): Received verification of license. Buyer Comment (2019-04-15): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Received verification of license.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/16/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103469 6000034477-2860 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing mortgage statement for xxxx     Reviewer Comment (2019-05-31): Credit report reflects full payment, FHA loan, escrows impounded.


Seller Comment (2019-05-31): Please note mortgage statement was not requested from xxxx at time of UW.This is an FHA loan and the full payment is currently reporting on the credit report. thank you
 04/19/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103470 6000034477-7036 05/31/2019 Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. The appraisal was issued to the initial broker vs. lender on the note     Buyer Comment (2019-05-31): Non-material: transferred appraisals accepted.
     04/15/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103472 6000034477-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $13,588.86 and disclosure timing violations. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000034477 xxxx 12103474 6000034477-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $150.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103476 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $8,775.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73109) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103478 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $1,295.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103480 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103482 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $28.05 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000034477 xxxx 12103483 6000034477-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7548) Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000032330 xxxx 12103471 6000032330-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Bank Statements - Business, Business Narrative Bank statements for borrower's business account were not provided.     Reviewer Comment (2019-05-31): Received 12 months business bank statements.


Buyer Comment (2019-05-31): (xxxx)please see bank statements
 04/12/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032330 xxxx 12103473 6000032330-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.56350% or Final Disclosure APR of 6.56900% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     04/10/2019 1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032330 xxxx 12103475 6000032330-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) CD data field is blank, calculates to be $926.25 due to discount fees going from seller paid on xx/xx/xxxx CD to $926.25 on Final with no evidence of VCC found in file justifying this change.     Reviewer Comment (2019-05-31): AMC received valid changed circumstance for fee.
 04/12/2019     1 A xx/xx/xxxx TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000032330 xxxx 12103479 6000032330-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $926.25 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Fee disclosed as seller paid on xx/xx/xxxx CD and as borrower paid on Final CD.VCC explaining why the fee changed from seller to borrower paid is missing.     Reviewer Comment (2019-05-31): AMC received valid changed circumstance for fee.
 04/12/2019     1 A xx/xx/xxxx TX 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
xxxx 6000032330 xxxx 12103481 6000032330-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing business narrative which includes detail related to the size/scope and operating profile of the business as required per guidelines.     Reviewer Comment (2019-05-31): Received CPA prepared narrative.


Buyer Comment (2019-05-31): (xxxx)please see CPA letter that addresses size/expenses of borrower's business
 04/12/2019     1 A xx/xx/xxxx TX Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000032362 xxxx 12103429 6000032362-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing 2017 W2 transcripts for primary borrower.EA Plus Guidelines Full Doc Wage Earner program requires 2 years W2 transcripts if 1040s are not provided.     Reviewer Comment (2019-05-31): Received W2 transcripts.


Seller Comment (2019-05-31): See attached 2017 W2 transcripts for xxxx and none found for xxxx
 04/15/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000032362 xxxx 12103430 6000032362-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing 2017 and 2018 W2 transcripts for co-borrower. EA Plus Guidelines Full Doc Wage Earner program requires 2 years W2 transcripts if 1040s are not provided.     Reviewer Comment (2019-05-31): Received W2 Transcripts.
 04/15/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A A A A A Non QM Non QM No
xxxx 6000035322 xxxx 12103513 6000035322-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Fraud report indicates it contains 22 pages while 4 were provided.     Reviewer Comment (2019-05-31): Received, condition cleared.
 04/17/2019     1 A xx/xx/xxxx SC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035322 xxxx 12103514 6000035322-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Missing borrower's signature on P&L / AES document.     Reviewer Comment (2019-05-31): Received executed P&L/AES.


Reviewer Comment (2019-05-31): As of 4/23/19 have not received updated document.


Seller Comment (2019-05-31): Received, however document is not very legible. Please re-upload signed copy.


Reviewer Comment (2019-05-31): Received, however document is not very legible. Please re-upload signed copy.
 04/25/2019     1 A xx/xx/xxxx SC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035322 xxxx 12103515 6000035322-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Evidence disclosure was provided not found in file.     Reviewer Comment (2019-05-31): Evidence toolkit received by borrower provided.
 04/17/2019     1 A xx/xx/xxxx SC Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000035322 xxxx 12103516 6000035322-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/0xx/xx/xxxx) No evidence of Seller's Closing Disclosure found in file.     Reviewer Comment (2019-05-31): Seller CD provided
 04/22/2019     1 A xx/xx/xxxx SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103518 6000035322-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $620.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506) Fee disclosed as $600 on 3/9/2019 LE and as $620 on Final CD. No evidence of a valid change of circumstance justifying this increase found in file.     Reviewer Comment (2019-05-31): AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Mailing. Exception Cured.


Reviewer Comment (2019-05-31): AMC did not receive documentation related to subject exception.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): AMC reviewed exception. The appraisal fee increased on the 03/21 LE without a valid change of circumstance. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure. If a cure was provided please provide final settlement statement as a lender credit is not indicated on the Final CD.


Seller Comment (2019-05-31): The issue is the additional charge of $20 for the appraisal that was disclosed on the 3/22 CD. On that CD the appraisal charge went from $600 to $620 without explanation. A CD is required showing a valid reason for the increase, or a PCCD, LOE, copy of any refund check and proof of delivery is required in order to address the exception.


Reviewer Comment (2019-05-31): The issue is the additional charge of $20 for the appraisal that was disclosed on the 3/22 CD. On that CD the appraisal charge went from $600 to $620 without explanation. A CD is required showing a valid reason for the increase, or a PCCD, LOE, copy of any refund check and proof of delivery is required in order to address the exception.


Reviewer Comment (2019-05-31): Letter of Explanation and Corrected CD required to cure. The Final CD list the cure amount on page 3 in the calculating cash to close section. In addition the cure needs to be listed on page 1 as a lender credit and on page 2 in section J as a lender credit of $20 and cure amount of -$20. Please provide Corrected CD and LOE to borrower.


Seller Comment (2019-05-31): Fee is $600 on 3/14 LE that was received.


Reviewer Comment (2019-05-31): Fee is $600 on 3/14 LE that was received.
 04/26/2019     1 A xx/xx/xxxx SC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103520 6000035322-25513 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 13,575.43 on Final Closing Disclosure provided on 0xx/xx/xxxx not accurate. (Final/0xx/xx/xxxx) Estimated Property Costs over Year 1 of $113,575.43 disclosed on CD based on 11 months of $1,234.13 monthly property costs . Hazard in file was $284.08 monthly, HOA dues were $86 monthly per appraisal and taxes used were $864.13 from tax cert, totaling $1,234.21 x 11 = $13,576.31. It appears lender qualified hazard at $284.     Reviewer Comment (2019-05-31): AMC received PCCD correcting total property costs and LOE. Exception Cured.
   04/26/2019   2 B xx/xx/xxxx SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103523 6000035322-5446 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Lender Credit TILA-RESPA Integrated Disclosure – Costs at Closing: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed a Lender Credit less than the legal limit exceeded on the Calculating Cash to Close table. (Final/0xx/xx/xxxx) CD data field is blank, calculates to be $20 due to increase in the appraisal fee.     Reviewer Comment (2019-05-31): AMC received PCCD correcting lender credit and LOE. Exception Cured.
   04/26/2019   2 B xx/xx/xxxx SC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103525 6000035322-5012 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Closing Costs Exceeds Limits Amount TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Final/0xx/xx/xxxx) Calculating Cash to Close table reflects $20.00 while Other Costs table reflects $0.00.     Reviewer Comment (2019-05-31): AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Mailing. Exception Cured.


Reviewer Comment (2019-05-31): AMC reviewed exception. The appraisal fee increased on the 03/21 LE without a valid change of circumstance. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure. If a cure was provided please provide final settlement statement as a lender credit is not indicated on the Final CD.


Seller Comment (2019-05-31): Letter of Explanation and Corrected CD required to cure. The Final CD list the cure amount on page 3 in the calculating cash to close section. In addition the cure needs to be listed on page 1 as a lender credit and on page 2 in section J as a lender credit of $20 and cure amount of -$20. Please provide Corrected CD and LOE to borrower.


Reviewer Comment (2019-05-31): Letter of Explanation and Corrected CD required to cure. The Final CD list the cure amount on page 3 in the calculating cash to close section. In addition the cure needs to be listed on page 1 as a lender credit and on page 2 in section J as a lender credit of $20 and cure amount of -$20. Please provide Corrected CD and LOE to borrower.
   04/26/2019   2 B xx/xx/xxxx SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103527 6000035322-5322 05/31/2019 Compliance Compliance Federal Compliance TRID Alternate Table Usage TILA-RESPA Integrated Disclosure – Costs at Closing/ Calculating Cash to Close: Alternate tables not used consistently throughout the transaction. LEs used without seller form while CDs used with seller form.     Reviewer Comment (2019-05-31): Data was corrected on subsequent disclosures.
   04/15/2019   2 B xx/xx/xxxx SC Primary Purchase Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103530 6000035322-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of rental payments from 9/1/2018 to 12/1/18 and for 1/2019. File has lease dated xx/xx/xxxx with bank statements reflecting December 2018 and February 2019 payments of $6,010. Credit report reflects $142,500 with start date of 9/2015 and closed date of 8/2018 with 0 x 0 x 34 months. Current loan closed xx/xx/xxxx. Guidelines require verification of 12 months consecutive housing payments.     Reviewer Comment (2019-05-31): Received supplement with consecutive months rental and mortgage history.


Buyer Comment (2019-05-31): (xxxx)Preclose response:
The file also contains printouts from xxxx rentals management company showing payments of $6010 from August 2018 through March 2019- plus a credit supplement showing no late pays from August through February 2019. Also & BOA statements showing debits Dec 2018 through Feb 2019.


Reviewer Comment (2019-05-31): Documentation received did was not for 12 months housing payment.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/19/2019     1 A xx/xx/xxxx SC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035322 xxxx 12103533 6000035322-23688 05/31/2019 Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage = $895,000. Estimated Cost New = $1,274,680. Loan amount = $xxx. No evidence of replacement cost estimator found in file.     Reviewer Comment (2019-05-31): Received insurance replacement cost estimator verifying sufficient coverage.


Seller Comment (2019-05-31): Hazard shows 100% replacement cost however the maximum dollar amount is not present. Please provide insurance cost to rebuild new calculation.


Reviewer Comment (2019-05-31): Hazard shows 100% replacement cost however the maximum dollar amount is not present. Please provide insurance cost to rebuild new calculation.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/23/2019     1 A xx/xx/xxxx SC Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000035322 xxxx 12103534 6000035322-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/0xx/xx/xxxx) Pest Inspection Fee and Repair fees not listed as Seller paid on the Buyer's CD     Reviewer Comment (2019-05-31): AMC received PCCD correcting seller paid fees and LOE. Exception Cured.
   04/26/2019   1 A xx/xx/xxxx SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035322 xxxx 12103538 6000035322-6545 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $620.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower. (7506) AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Mailing. Exception Cured.     Reviewer Comment (2019-05-31): AMC received PCCD indicating cure, LOE, Refund Check, and Proof of Mailing. Exception Cured.
   04/26/2019   2 B xx/xx/xxxx SC Primary Purchase   C B C A C B A A Non QM Non QM Yes
xxxx 6000032483 xxxx 12103450 6000032483-2834 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided   Flood Certificate was missing from file. Appraisal reflected FEMA Flood Zone X, and not being in a FEMA Special Flood Hazard Area.
Please provide copy of Flood Certification.		     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Seller Comment (2019-05-31): ClearEdge does not require life of loan


Reviewer Comment (2019-05-31): Did not receive Flood Cert reflecting "Life of Loan"


Seller Comment (2019-05-31): see flood cert uploaded


Reviewer Comment (2019-05-31): Received the Flood cert however the cert does not reflect life of loan.


Seller Comment (2019-05-31): See attached Flood Cert
 04/15/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032483 xxxx 12103455 6000032483-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/0xx/xx/xxxx) Final CD issued xx/xx/xxxx reflects closing date of xx/xx/xxxx Non-occupant co-borrower signed on xx/xx/xxxx, however borrower signed 3/23/19 and co-borrower signed xx/xx/xxxx.     Reviewer Comment (2019-05-31): AMC received PCCD correcting close date and LOE. Exception Cured.


Seller Comment (2019-05-31): See Post CD issued 4.3.19


Reviewer Comment (2019-05-31): A Letter of Explanation to the borrower was not uploaded as of 4/11/19.


Seller Comment (2019-05-31): Post CD uploaded 4.9.19


Reviewer Comment (2019-05-31): AMC received the PCCD, however a copy of the LOE to the borrower is required in order to address the exception.


Seller Comment (2019-05-31): See attached Post CD
   04/15/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032483 xxxx 12103456 6000032483-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on 0xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/0xx/xx/xxxx) The property taxes shown under pre-paid on the final xx/xx/xxxx CD does not show the months.     Reviewer Comment (2019-05-31): AMC received PCCD correcting tax months and LOE. Exception Cured.


Seller Comment (2019-05-31): See attached email to borrower dated 4.3.19 which is the same day of the Post CD


Reviewer Comment (2019-05-31): A Letter of Explanation to the borrower was not uploaded as of 4/11/19.


Seller Comment (2019-05-31): Post CD uploaded 4.9.10


Reviewer Comment (2019-05-31): AMC received the PCCD, however a copy of the LOE to the borrower is required in order to address the exception.


Seller Comment (2019-05-31): See post CD uploaded
   04/15/2019   2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
xxxx 6000032483 xxxx 12103457 6000032483-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Rental history to support 12 months housing history was not located in file for the non-occupying co borrower. Please provide proof of payment via cancelled checks, bank debits or institutional VOR for xxxx     Reviewer Comment (2019-05-31): Received satisfactory VOR.


Seller Comment (2019-05-31): See attached VOR
 04/19/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032483 xxxx 12103458 6000032483-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender attestation loan is ineligible for conventional financing was not located in file.     Reviewer Comment (2019-05-31): Received 1008 with lender attestation as to why loan is not eligible fir GSE delivery.


Seller Comment (2019-05-31): see attached 1008
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032483 xxxx 12103459 6000032483-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing 2018 W-2 transcripts for xxxx     Reviewer Comment (2019-05-31): Confirmed with client that the seller provided the printouts from IRS website showing no record of return for 2018.


Reviewer Comment (2019-05-31): Please provide no record found that is not date/sent xx/xx/xxxx at 5:09:33 PM.


Seller Comment (2019-05-31): Please see document uploaded already


Reviewer Comment (2019-05-31): The IRS verification's provided in file are for the same exact date /time. Unable to verify that information was provided for both borrowers


Seller Comment (2019-05-31): Transcript showing nothing found uploaded 4.9.19
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032483 xxxx 12103460 6000032483-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing 2018 W-2 transcripts for xxx     Reviewer Comment (2019-05-31): Received response from IRS current year not available.


Seller Comment (2019-05-31): See attached - no records found
 04/10/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103528 6000032325-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $4,907.00 and disclosure timing violations. Missing verification of borrower's E-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103531 6000032325-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on 0xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/0xx/xx/xxxx) Data field is blank. Data is still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): AMC received PCCD correcting tax months and LOE. Exception Cured.


Seller Comment (2019-05-31): I submitted CD on 4/12 correcting this. Is there a problem with it?
   04/17/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032325 xxxx 12103535 6000032325-25513 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 29,307.24 on Final Closing Disclosure provided on 0xx/xx/xxxx not accurate. (Final/0xx/xx/xxxx) Estimated property costs over year 1 of $29,307.24 disclosed on CD based on 12 months of $2,442.27 monthly property costs. Hazard in file was $179.27, taxes per tax cert were $709.21 and HOA dues were $1,095 totaling $1,983.48 x 12 =$23,801.76. Variance appears to be in taxes, qualified at $1,168 by lender.     Reviewer Comment (2019-05-31): AMC received PCCD correcting Total Property Costs and LOE. Exception Cured.


Seller Comment (2019-05-31): I submitted CD on 4/12 correcting this. Is there a problem with it?
   04/17/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032325 xxxx 12103537 6000032325-4846 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Closing Costs Financed TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/0xx/xx/xxxx) CD reflects $0.00, calculates to be $11,014.86. Data is still not accurate on subsequent disclosure.     Buyer Comment (2019-05-31): non-material: informational only. CD APR and fees based testing. No impact on borrowers closing costs.


Reviewer Comment (2019-05-31): AMC received PCCD correcting closing costs financed to $11014.86. The closing costs financed per PCCD are $9112.63-$600=$8512.63. Please provide corrected CD and LOE to cure.


Seller Comment (2019-05-31): This 2/8 CD, shows as printed on xx/xx/xxxx, matching the changed circumstance of the same date. However, we are unable to use this 2/8 CD for the xx/xx/xxxx changes. Please forward 2/14 CD, or PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.


Reviewer Comment (2019-05-31): This 2/8 CD, shows as printed on xx/xx/xxxx, matching the changed circumstance of the same date. However, we are unable to use this 2/8 CD for the xx/xx/xxxx changes. Please forward 2/14 CD, or PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
     04/17/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032325 xxxx 12103540 6000032325-4850 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/0xx/xx/xxxx) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): AMC reviewed attestation and corresponding LE and COC. Exception Cleared.
 04/17/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032325 xxxx 12103542 6000032325-23897 05/31/2019 Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date > Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate xx/xx/xxxx received on or after the date the Closing Disclosure xx/xx/xxxx 12:00:00 AM was received. (Interim/xx/xx/xxxx) Evidence of earlier receipt not found in file.     Reviewer Comment (2019-05-31): Received evidence of borrowers earlier receipt.
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103546 6000032325-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,105.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103548 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $280.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): AMC reviewed attestation and corresponding LE and COC. Exception Cleared.


Seller Comment (2019-05-31): Please see lender attestation attached explained date discrepancy. What was provided is the 2/14 CD. The issue date on the top of the 1st page is incorrect due to input error.


Reviewer Comment (2019-05-31): This 2/8 CD, shows as printed on xx/xx/xxxx, matching the changed circumstance of the same date. However, we are unable to use this 2/8 CD for the xx/xx/xxxx changes. Please forward 2/14 CD, or PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.


Seller Comment (2019-05-31): eConsent rec'd. Fee retested, please provide valid change of circumstance or issue a refund, PC CD, LOE and delivery to borrower
 04/17/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103549 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $200.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7319) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103550 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $695.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103551 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $595.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7334) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103552 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Rate Lock Fee. Fee Amount of $300.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7335) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): AMC received required documents, exception is cleared.


Seller Comment (2019-05-31): eConsent rec'd. Fee retested, please provide valid change of circumstance or issue a refund, PC CD, LOE and delivery to borrower
 04/12/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103553 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103554 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $30.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103555 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $18.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7579) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103556 6000032325-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $84.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7580) Missing E-Consent for xx/xx/xxxx LE signed electronically by borrower. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Received borrowers consent to receive electronic documents.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103557 6000032325-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received lender attestation why loan is not eligible for GSE delivery.
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103558 6000032325-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement Missing YTD P&L required on EA Plus Express Document (1 year tax return) program. Time on Job of 5 years or greater: Per CPA borrower has been a self employed xxx for over 10 years. xxxx. formed in 2017 is a continuance of his xxx business.

DTI below max by 5% or great: 35.5% vs 43%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)Loan funded on xx/xx/xxxx, originator qualified off of 2018 tax returns which are less than 120 days from note date. xxxx elects to waive based on compensating factors:
DTI below max by 5% or great: 35.5% vs 43%
Time on Job of 5 years or greater: Per CPA borrower has been a self employed realtor for over 10 years. xxxx. formed in 2017 is a continuance of his realtor business.
49 months verified reserves


Reviewer Comment (2019-05-31): Although multiple P&L's are not required the EA Access plus express guides state that one year returns plus a borrower prepared P&L covering the rime period since last tax filing. 2018 110 was provided, a P&L for 2019 was not provided in file.
     04/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103559 6000032325-3830 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue: Refinance seasoning requirements not met   Client approved less than 6 months seasoning on a cash out transaction. Borrower purchased subject xx/xx/xxxx with xx/xx/xxxx application date of new transaction. Time on Job of 5 years or greater: Per CPA borrower has been a self employed xxx for over 10 years. xxxx Inc. formed in 2017 is a continuance of his xxxx business.

DTI below max by 5% or great: 35.5% vs 43%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client approved per eligibility waiver
     04/08/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103560 6000032325-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing completed 1084 which details income calculations used by lender as required on EA Plus guidelines. Worksheet in file reflects a qualifying income of $3,370.13 from xxxx Inc. while 1008 reflects $17,082. Review calculated $18,798.75 monthly average 2018, however due to missing P&L unable to determine correct qualifying income. Express doc guidelines uses the lower of the net income from the P&L and tax returns or monthly net income from the tax returns x 115%. Review used lender's calculations in DTI calcuations. Time on Job of 5 years or greater: Per CPA borrower has been a self employed xxx for over 10 years. xxxx Inc. formed in 2017 is a continuance of his xxx business.

DTI below max by 5% or great: 35.5% vs 43%		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)The $175K noted as cost of labor on the 1120s Cost of Goods is reported on borrowers 1040s Statement 1 - other income in lieu of self paying a 1099 as borrower is 100% owner of corp. xxxx elects to waive based on compensating factors:

Time on Job of 5 years or greater: Per CPA borrower has been a self employed xxxx for over 10 years. xxxx. formed in 2017 is a continuance of his xxxx business.
49 months verified reserves


Reviewer Comment (2019-05-31): Received correct cash flow analysis for this file. Comments address the Other Income from xxxxs Inc. for $175,000. These earnings are listed as cost of goods on the corporate return. CPA Letter was required to address this practice. CPA letter was not located. Provide the CPA Letter used to address the other income.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): As of 4/19/19 the income worksheet for correct borrower has not been provided.


Seller Comment (2019-05-31): please provide income worksheet, detailing final income used for calculation. Worksheet provided belongs to a different file.


Reviewer Comment (2019-05-31): Income worksheet provided belongs to a different file.


Buyer Comment (2019-05-31): (xxxx)please see income worksheet
     04/24/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000032325 xxxx 12103561 6000032325-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/0xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent disclosure, however required letter of explanation not found in file.     Reviewer Comment (2019-05-31): AMC received PCCD correcting close date and LOE. Exception Cured.


Seller Comment (2019-05-31): I submitted a letter. What additional are you looking for?
   04/17/2019   1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000032325 xxxx 12103562 6000032325-6331 05/31/2019 Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-600.00. (9300) The $600 lender credit disclosed on the 2/8 LE, was removed on the 2nd 2/8 LE (printed on 2/14) The 2/14 Changed Circumstance shows the removal of the fee, but there is no LE with a 2/14 issue date.     Reviewer Comment (2019-05-31): AMC reviewed attestation and corresponding LE and COC. Exception Cleared.


Seller Comment (2019-05-31): The LE timestamped 2/14 has the incorrect issue date on the top of the 1st page. Lender attestation provided.
 04/17/2019     1 A xx/xx/xxxx CA 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
xxxx 6000032325 xxxx 12103563 6000032325-4394 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an Appraised Property Value that did not match the actual Property Value for the loan. (Final/0xx/xx/xxxx) Added 4/25     Buyer Comment (2019-05-31): non-material: prior purchase price used to determine ltv for origination due to seasoning requirement
     04/25/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000038908 xxxx 12103490 6000038908-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received 1008 with lender attestation as to why loan is ineligible for GSE delivery.


Seller Comment (2019-05-31): See attached 1008
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000038908 xxxx 12103493 6000038908-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Disclosure reflects Closing Date of xx/xx/xxx), but transaction consummation (mortgage notary) date was (xx/xx/xxx). Data was corrected on subsequent disclosure, however required letter of explanation not found in file.     Buyer Comment (2019-05-31): non-material: informational only. Closing Date updated on PC CD. Missing LOE for clerical update only.


Reviewer Comment (2019-05-31): Received duplicate of CD dated 4/5/19 with corrected closing date however, the letter of explanation to the borrower regarding the change made was not provided.


Seller Comment (2019-05-31): See attached Post CD
     04/18/2019 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000038908 xxxx 12103495 6000038908-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx 1084 or income worksheet, P&L Statement Missing correct 1084 worksheet which details underwriter's income calculations. Worksheet in file is for Note income which was not included in qualifying.     Reviewer Comment (2019-05-31): Received correct income analysis worksheet.


Seller Comment (2019-05-31): See attached income calculation worksheet
 04/17/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000038908 xxxx 12103496 6000038908-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Lender approved exception for going from W2 to 1099 income. PITIA reserves above minimum by 6 months or greater. 85.97 vs 6

FICO score above minimum by 20 points or greater, 797 vs 680		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Approved per Client's Eligibility Waiver
     04/11/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000038908 xxxx 12103499 6000038908-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing YTD P&L. Borrower is self employed paid via 1099. Although client approved an exception for going from W2 to 1099, there is no evidence found of client's eligibility waiver approving the exclusion of a P&L from documentation as required for self employed borrower's per EA Plus Guidelines. PITIA reserves above minimum by 6 months or greater. 85.97 vs 6

FICO score above minimum by 20 points or greater, 797 vs 680		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Borrower is a dentist was W2'd in 2016-9/17 then went to 1099 from 9/17-4/18, then returned back to W2 and now a 1099. xxxx elects to waive YTD P&L for independent contractor with compensating factors:
FICO score above minimum by 20 points or greater, 797 vs 680
PITIA reserves above minimum by 6 months or greater. 85.97 vs 6


Reviewer Comment (2019-05-31): Received eligibility waiver for W2 to 1099 however, information does not reflect that a P&L would not be required.


Seller Comment (2019-05-31): See attached exception
     04/19/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000034492 xxxx 12103501 6000034492-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Buyer Comment (2019-05-31): (xxxx)Please see attach
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000034492 xxxx 12103502 6000034492-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/0xx/xx/xxxx) Disclosure reflects Closing Date of (xx/xx/xxxx), but transaction consummation (mortgage notary) date was (xx/xx/xxxx). Data was corrected on subsequent disclosure, however required letter of explanation not found in file.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided prior to AMC review


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/22/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000034492 xxxx 12103503 6000034492-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. Evidence of when the Home Loan Toolkit was provided to the borrower was not found in file.     Reviewer Comment (2019-05-31): Received evidence borrower was provided the Home Loan Toolkit.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
xxxx 6000034492 xxxx 12103504 6000034492-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/0xx/xx/xxxx) Final CD reflects seller paid fees of $3,740.50. Seller's CD reflects seller fees of $56,009.22. Fees on the Final CD included only transfer taxes and owners Title insurance.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided prior to AMC review
   04/22/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000034492 xxxx 12103505 6000034492-4264 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 12.00. Missing verification of receipt for $103,000 gift funds via a wire confirmation from donor's account into escrow.     Reviewer Comment (2019-05-31): Received copy of cashiers check and escrow receipt for gift funds.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000034492 xxxx 12103506 6000034492-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/0xx/xx/xxxx) CD data field is blank, calculates to be $19.20 due to increase in discount points.     Reviewer Comment (2019-05-31): change of circumstance - loan amount increased
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
xxxx 6000034492 xxxx 12103507 6000034492-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,747.20 exceeds tolerance of $4,728.00. Insufficient or no cure was provided to the borrower. (7200) Fee disclosed as $4,728 on 3/8/19 LE and as $4,747.20 on Final CD. COC issued xx/xx/xxxx indicates reason for change is due to loan amount with resulting increase in discount points. However, reason for increase in the loan amount was not reflected.     Reviewer Comment (2019-05-31): change of circumstance - loan amount increased


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA 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
xxxx 6000034492 xxxx 12103508 6000034492-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $219,589.99 is less than Cash From Borrower $222,046.77. Missing verification of receipt for $103,000 gift funds via a wire confirmation from donor's account into escrow.     Reviewer Comment (2019-05-31): Received copy of cashiers check and escrow receipt for gift funds.


Buyer Comment (2019-05-31): (xxxx)Please see attached Escrow receipt.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C A C A C A A A Non QM Non QM No
xxxx 6000034682 xxxx 12103521 6000034682-22721 05/31/2019 Credit Guideline Guideline Issue residual income requirement not met.   1,541.36 does not meet $2,500 minimum for a family of two on EA Plus guidelines with DTI over 43%. No evidence found in file of client's eligibility waiver approving this exception. PITIA reserves above minimum by 6 months or greater: 92.20 vs 12

0 X 30 24 month housing history: 66 months		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive w/comp factors:
0 X 30 24 month housing history: 66 months
PITIA reserves above minimum by 6 months or greater: 92.20 vs 12


Reviewer Comment (2019-05-31): Please advise if client elects to waive.


Seller Comment (2019-05-31): Request an exception for the following shortage of residual income with the following compensating factors FICO score above minimum by 20 points or higher FICOFICO 717
PITIA reserves above minimum by 6 months or higher 94 Mo verified in file
0 X 30 X 24 month housing history-Sold property in Dec 2018- xxxx mortgage on Credit report reflect 66 Mo 0X30
Job stability of 5 years or moreCo Borrower has 16 years


Reviewer Comment (2019-05-31): As of 4/15/19 documentation to address residual income discrepancy has not been provided.


Reviewer Comment (2019-05-31): Did not locate document attached to address exception. Please provide and indicate what document is being uploaded to address exception.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
     04/22/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034682 xxxx 12103524 6000034682-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Bank Statements - Personal Missing 2 months for account 6226 to meet 12 months consecutive bank statements. Bank statements missing are xx/xx/xxxx and 6/23/2018.     Reviewer Comment (2019-05-31): Received both missing months statements.


Reviewer Comment (2019-05-31): Please advise if client elects to waive.


Buyer Comment (2019-05-31): (xxxx)xxxx - 4/18/2019 12:01:30 PM EDTPortal
Hello



I have been advised that you are in need of a few items, I am hoping that the following would be considered and we can move forward with the file.

The items noted as missing are below:



1. A letter of explanation for deposit of $5,320 on 10/9/2018 for borrower 1- Thought that this was addressed previously, however Requested letter to follow

2. Residual income noted at 1,541.36 does not meet $2,500 minimum for a family of two on EA Plus guidelines with DTI over 43%.- REQUEST an exception with the following compensating factors.



Compensating factors

FICO score above minimum by 20 points or higher FICO FICO 717

PITIA reserves above minimum by 6 months or higher 94 Mo verified in file

0 X 30 X 24 month housing history-Sold property in Dec 2018- xxxx mortgage on Credit report reflect 66 Mo 0X30

Job stability of 5 years or more Co Borrower has 16 years

3. Income Docs Missing:: Borrower: Brian C Hutflies Bank Statements - Personal EXCEPTION INFO: Missing 2 months for account 6226 to meet 12 months consecutive bank statements. Bank statements missing are xx/xx/xxxx and 6/23/2018.



The loan was submitted with the explanation for the missing statement and without using income from these 2 months, but Income averaged over 12 mo., the 01/2019 statement was included in the file (and provided here for convenience) however it is a printout from Bank of San Juan which is part of the Glacier family of banks and supports deposits from 12/23/18 thru 01/23/19 of $ 1579.16 (COMEPSATING FACTOR). June the borrower has been unable to locate the bank statement, can we please waive as the income is considered over 12 mo. Can you please waive the need for the Jun 2018 ?


Reviewer Comment (2019-05-31): Unable to clear refer to client.


Seller Comment (2019-05-31): Hello

I have been advised that you are in need of a few items, I am hoping that the following would be considered and we can move forward with the file.
The items noted as missing are below:

1. A letter of explanation for deposit of $5,320 on 10/9/2018 for borrower 1- Thought that this was addressed previously, however Requested letter to follow
2. Residual income noted at 1,541.36 does not meet $2,500 minimum for a family of two on EA Plus guidelines with DTI over 43%.- REQUEST an exception with the following compensating factors.

Compensating factors
FICO score above minimum by 20 points or higher FICO FICO 717
PITIA reserves above minimum by 6 months or higher 94 Mo verified in file
0 X 30 X 24 month housing history-Sold property in Dec 2018- xxxx mortgage on Credit report reflect 66 Mo 0X30
Job stability of 5 years or more Co Borrower has 16 years
3. Income Docs Missing:: Borrower: Brian C Hutflies Bank Statements - Personal EXCEPTION INFO: Missing 2 months for account 6226 to meet 12 months consecutive bank statements. Bank statements missing are xx/xx/xxxx and 6/23/2018.

The loan was submitted with the explanation for the missing statement and without using income from these 2 months, but Income averaged over 12 mo., the 01/2019 statement was included in the file (and provided here for convenience) however it is a printout from Bank of San Juan which is part of the Glacier family of banks and supports deposits from 12/23/18 thru 01/23/19 of $ 1579.16 (COMEPSATING FACTOR). June the borrower has been unable to locate the bank statement, can we please waive as the income is considered over 12 mo. Can you please waive the need for the Jun 2018 ?


Thank you in advance for your consideration


Lisa N Starrett
Sr. Mortgage Underwriter
770 The City Drive, Ste 1100
Orange, CA 92868
D: | 714-497-1959 EXT 1959
lstarrett@orionlending.com | www.orionlending.com


Reviewer Comment (2019-05-31): Received statement covering period ending 1/23/19 however statement for statement ending xx/xx/xxxx was not provided. Please provide last months statement to meet 12 consecutive months required per guidelines.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/24/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034682 xxxx 12103526 6000034682-20080 05/31/2019 Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   A letter of explanation for deposit of $5,320 on 10/9/2018 for borrower 1 was not provided as required by EA Access Plus 2018 guidelines for unusually large deposits exceeding 50% of monthly income.     Reviewer Comment (2019-05-31): Received LOE for large deposit.


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): Comments state LOE inadvertently address deposit date 10/5/18 however, unable to locate LOE in file.


Buyer Comment (2019-05-31): (xxxx)xxxx - 4/16/2019 2:10:19 PM EDTPortal
LOE inadvertently addresses the deposit on 10/5 as this is what was conditioned for at initial UW
 04/24/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034682 xxxx 12103529 6000034682-6297 05/31/2019 Compliance Compliance Federal Compliance TRID Esign Consent Agreement Status ESIGN Act – Missing esign consent. TRID disclosures provided electronically will not be used to set or rebaseline fees for tolerance purposes. Disclosures sent electronically may result in a fee tolerance violation of up to $5,155.00 and disclosure timing violations. Missing verification E-Consent disclosure was signed. File has tracking disclosure reflecting provided date.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided
 04/11/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000034682 xxxx 12103532 6000034682-25506 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 3,977.60 on Final Closing Disclosure provided on 0xx/xx/xxxx not accurate. (Final/0xx/xx/xxxx) Estimated Property Costs over Year 1 of $3,977.60 disclosed on CD based on 11 months of $361.60 monthly property costs . Hazard in file was $58.01 monthly and taxes used were $346.88 based on 1.25% of purchase price, totaling $404.89 x 11 = $4,453.79. Based on 1008, difference appears to be in taxes, qualified at $303.59 monthly by lender. Data still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.
   04/16/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034682 xxxx 12103536 6000034682-4673 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/756750) CD reflects $361.60, calculates to be $404.78. Variance is due to taxes, qualified at $303.59 by lender but calculates to be $XXXX based on 1.25% of purchase price. Data still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): AMC received PCCD and LOE. Final CD escrow amount is consistent with IEADS. Exception Cleared.


Seller Comment (2019-05-31): Received Letter of Explanation, Corrected CD, pending Proof of Delivery (per GSO, package is in transit with delivery 4/16).


Reviewer Comment (2019-05-31): Received Letter of Explanation, Corrected CD, pending Proof of Delivery (per GSO, package is in transit with delivery 4/16).
 04/19/2019     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000034682 xxxx 12103539 6000034682-4612 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/756750) CD reflects $1,414.35, calculates to be $1,457.64. Variance is due to taxes, qualified at $303.59 by lender but calculates to be $XXXX based on 1.25% of purchase price. Data still not accurate on subsequent disclosure.     Reviewer Comment (2019-05-31): AMC received PCCD and LOE. Final CD escrow amount is consistent with IEADS. Exception Cleared.


Seller Comment (2019-05-31): Received Letter of Explanation, Corrected CD, pending Proof of Delivery (per GSO, package is in transit with delivery 4/16).


Reviewer Comment (2019-05-31): Received Letter of Explanation, Corrected CD, pending Proof of Delivery (per GSO, package is in transit with delivery 4/16).
 04/19/2019     1 A xx/xx/xxxx CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000034682 xxxx 12103541 6000034682-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/0xx/xx/xxxx) Missing E-Consent for 3/8/2019 LE signed electronically by borrower on 3/9/2019. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided
 04/11/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000034682 xxxx 12103543 6000034682-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $385.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0) Missing E-Consent for 3/8/2019 LE signed electronically by borrower on 3/9/2019. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000034682 xxxx 12103544 6000034682-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $3,000.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73109) Missing E-Consent for 3/8/2019 LE signed electronically by borrower on 3/9/2019. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000034682 xxxx 12103545 6000034682-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $1,295.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196) Missing E-Consent for 3/8/2019 LE signed electronically by borrower on 3/9/2019. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000034682 xxxx 12103547 6000034682-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $475.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) Missing E-Consent for 3/8/2019 LE signed electronically by borrower on 3/9/2019. Per xxxx update, absence of e-consent is the equivalent of the disclosures never being sent. Fee Tolerance will be re-tested upon receipt of e-consent.     Reviewer Comment (2019-05-31): Esign Consent Agreement provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/11/2019     1 A xx/xx/xxxx CA 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
xxxx 6000034503 xxxx 12103633 6000034503-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final CD has a closing date of xx/xx/xxxx. The notary date is xx/xx/xxxx.     Reviewer Comment (2019-05-31): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-05-31): (xxxx)Please see attached.


Reviewer Comment (2019-05-31): AMC did not receive anything additional regarding this exception. Please provide LOE to cure.


Seller Comment (2019-05-31): AMC received Corrected CD please provide Letter of Explanation to borrower to cure.


Reviewer Comment (2019-05-31): AMC received Corrected CD please provide Letter of Explanation to borrower to cure.


Seller Comment (2019-05-31): Letter of explanation and Corrected CD required to cure. The final CD has a closing date of xx/xx/xxxx. The notary date is xx/xx/xxxx


Reviewer Comment (2019-05-31): Letter of explanation and Corrected CD required to cure. The final CD has a closing date of xx/xx/xxxx. The notary date is xx/xx/xxxx
   04/29/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000034503 xxxx 12103634 6000034503-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/xx/xx/xxxx) The exceeds legal limit section was not completed on the final CD.     Reviewer Comment (2019-05-31): Change of circumstance provided - rate lock
 04/16/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000034503 xxxx 12103635 6000034503-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $871.83 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) The loan does not contain the change of circumstance or rate lock agreement to the borrower associated with this fee addition     Reviewer Comment (2019-05-31): Change of circumstance provided - rate lock
 04/16/2019     1 A xx/xx/xxxx CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
xxxx 6000034503 xxxx 12103636 6000034503-3879 05/31/2019 Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant. The Home loan toolkit is in the file, however proof it was provided to the borrower is not in file     Reviewer Comment (2019-05-31): Document provided
 04/16/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
xxxx 6000034503 xxxx 12103637 6000034503-6411 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/xx/xx/xxxx) Seller's CD not on file. All seller fees taken from the consumer CD for testing     Reviewer Comment (2019-05-31): Seller CD provided
 04/16/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000034503 xxxx 12103639 6000034503-17649 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. (Final/xx/xx/xxxx) Seller PAD fee and Property taxes not listed on Buyer's CD as Seller paid fees.     Reviewer Comment (2019-05-31): not material
 04/30/2019     1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
xxxx 6000035321 xxxx 12103621 6000035321-22154 05/31/2019 Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date xx/xx/xxxx, Transaction Date: xx/xx/xxxx Per the final CD in the loan docs, the loan closed and disbursed on xx/xx/xxxx. Therefore the policy was not valid at the time of closing.     Reviewer Comment (2019-05-31): Received Final PCCD and settlement statement, insurance was effective ad time of funding.


Seller Comment (2019-05-31): please Review PCCD, LOE, DTD & Settlement Statement.
 04/15/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000035321 xxxx 12103627 6000035321-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx VVOE - Employment Only VVOE signed and dated within 10 days of closing is missing from the loan docs     Reviewer Comment (2019-05-31): Received VVOE within 10 days of Note date.


Seller Comment (2019-05-31): Please Review VOEs
 04/15/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000035321 xxxx 12103629 6000035321-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   AUS or attestation as to why the loan does not qualify for conventional financing is missing from the file     Reviewer Comment (2019-05-31): Received lender attestation why loan is ineligible for GSE delivery.
 04/15/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000036059 xxxx 12103597 6000036059-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx, Borrower: xxxx 1084 or income worksheet
1084 or income worksheet		 All loan files should contain underwriter worksheets which detail the qualifying income calculations and debt obligations considered or not considered (and reason for exclusion).     Reviewer Comment (2019-05-31): Received UW income worksheet for each of borrowers businesses.


Buyer Comment (2019-05-31): (xxxx)please see income worksheets
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103598 6000036059-19965 05/31/2019 Compliance Compliance Federal Compliance TRID Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Loan file contain Acknowledgement of Receipt of Appraisal which states borrower was provided the appraisal at least 3 days prior to closing     Reviewer Comment (2019-05-31): Received evidence of application date and that borrowers was provided disclosure within 3 days of application.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Good faith redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103599 6000036059-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Verification of the business through a third party such as a CPA, regulatory agency or applicable licensing bureau missing     Reviewer Comment (2019-05-31): Received third party verification.


Reviewer Comment (2019-05-31): Received 3rd party verification for xxxx and xxx however missing verification of xxxx LLC
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103600 6000036059-25519 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status using reasonably reliable third-party records. (xxxx/Partnership) Verification of the business through a third party such as a CPA, regulatory agency or applicable licensing bureau missing     Reviewer Comment (2019-05-31): Received third party verification.


Buyer Comment (2019-05-31): (xxxx)please see NJ state - xxxx


Reviewer Comment (2019-05-31): Received 3rd party verification for xxxx andxxx however missing verification of xxxx LLC


Buyer Comment (2019-05-31): (xxxx)please see state licensing info
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103601 6000036059-1330 05/31/2019 Compliance Compliance Federal Compliance 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. Disclosure missing from loan file     Reviewer Comment (2019-05-31): Borrower signed Acknowledgement of Receipt of Homeownership Counseling notice on 1/25/19.


Buyer Comment (2019-05-31): (xxxx)disclosure and list uploaded


Reviewer Comment (2019-05-31): Received evidence borrower was provided the Homeownership Counseling Organizations list within 3 days of application however the disclosure itself is not dated and therefore cannot verify the list date.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103602 6000036059-3883 05/31/2019 Compliance Compliance Federal Compliance 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. Loan file only contained a copy of the Notice of Special Flood Hazard Disclosure however it was signed at closing.     Reviewer Comment (2019-05-31): Received evidence disclosure provided within a reasonable time prior to closing.


Buyer Comment (2019-05-31): (xxxx)please see page 2 for signed flood notice
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103603 6000036059-3677 05/31/2019 Compliance Compliance Federal Compliance 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. DTI exceeds guidelines, the loan is missing third party verification for xxxx and the P&L for xxxx LLC.     Reviewer Comment (2019-05-31): Received third party verification.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103604 6000036059-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. DTI exceeds guidelines, the loan is missing third party verification for xxxx and the P&L for xxxx LLC.     Reviewer Comment (2019-05-31): Received third party verification.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103605 6000036059-20000 05/31/2019 Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Loan file did not contain a Loan Estimate which would include this disclosure     Reviewer Comment (2019-05-31): LE dated xx/xx/xxxx provided.


Buyer Comment (2019-05-31): (xxxx)please see initial LE
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Good faith redisclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103606 6000036059-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Initial/0xx/xx/xxxx) The file contained 3 CDs, all dated the date of closing xx/xx/xxxx. No preliminary CD's were on file     Reviewer Comment (2019-05-31): AMC received evidence of earlier receipt.


Buyer Comment (2019-05-31): (xxxx)please see initial CD signed by borrowers on xx/xx/xxxx
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103607 6000036059-3880 05/31/2019 Compliance Compliance Federal Compliance TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $17,678.50 may be required. Only 3 CDs dated 3/26 were provided. Tolerance fees will be retested upon receipt of the initial Loan Estimate     Reviewer Comment (2019-05-31): LE dated xx/xx/xxxx provided.


Buyer Comment (2019-05-31): (xxxx)please see LE
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103608 6000036059-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock date.


Seller Comment (2019-05-31): had issues uploading, my apologies if there are multiple copies!
 04/15/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103609 6000036059-6346 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on 0xx/xx/xxxx incorrectly disclosed whether property taxes are included in escrow. (Final/0xx/xx/xxxx) Closing CD indicates taxes were included in escrow on page 1, however page 2 section G has no tax escrows collected.     Reviewer Comment (2019-05-31): Under 1026.38(c)(1), for loans subject to RESPA, the estimated escrow payments may be determined under the escrow account analysis disclosure. Using the IEAD figures from page 160 of the file, the payments made to the escrow account total $2550.64, which are consistent with the amount disclosed on Projected Payments table on Page 1 and starting balance on IEAD matches Section G. Exception cleared.


Seller Comment (2019-05-31): please provide PC CD, LOE and confirmation sent to borrower
 04/15/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103610 6000036059-5366 05/31/2019 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 65.03320% exceeds Guideline total debt ratio of 43.00000%. Income calculation worksheet was not provided. Multiple businesses used in qualifying. DTI exceeds guidelines as it appears the lender used a 1 year average for xxxx for both borrower's (Loss of $774.88 monthly each) vs. using the 2018 P&L which was less (Loss of $6271.78 monthly each). Residual income $1,000 above the minimum required. Investor required $2,500 borrower has $7958.70

FICO score above minimum by 20 points or greater. Investor required fico score 700, borrower fico score 733		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): New DTI is 45%. Client elects to waive based on compensating factors:


Reviewer Comment (2019-05-31): This was closed in error, re-opened. New DTI is 45% using 2017 tax return losses.


Buyer Comment (2019-05-31): xxxx to provide rebuttal.


Reviewer Comment (2019-05-31): The Selling guide states if the Borrowers ytd salary or draw was not included it may add them to net profit was well as allowable adjustments used in analyzing the tax returns for the business such as nonrecurring income and expenses, depreciation and depletion. The P&L provided reflects add back of payroll expenses however, unable to verify how much of this expense was for the borrowers as it is not broken down and for repairs and maintenance however, from the P&L can not verify that these were nonrecurring expenses.


Buyer Comment (2019-05-31): (xxxx)please see UW rebuttal
     04/18/2019 2 B xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103611 6000036059-7027 05/31/2019 Compliance Compliance Federal Compliance Missing Initial Loan Application Test No evidence of application date located in file. Compliance tests were run using an application date of xx/xx/xxxx which is 1 months prior to consummation. A lookback was performed to determine this application date. The final date used for testing was 09/29/2018. Unable to determine actual application date based on documentation on file. Initial application in file not signed     Reviewer Comment (2019-05-31): Received evidence of application date.


Buyer Comment (2019-05-31): (xxxx)please see initial application
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103612 6000036059-2651 05/31/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company Not Licensed at time of Application Unable to test LO company NMLS license due to missing information. Unable to determine actual application date based on documentation on file. Initial application in file not signed     Reviewer Comment (2019-05-31): Received evidence of application date.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103613 6000036059-2653 05/31/2019 Compliance Compliance Federal Compliance Federal Loan Originator Compensation - Individual LO Not NMLS Licensed at Time of Application Unable to test Loan Originator license due to missing information. Unable to determine actual application date based on documentation on file. Initial application in file not signed     Reviewer Comment (2019-05-31): Received evidence of application date.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103614 6000036059-6507 05/31/2019 Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator License Status Not Approved Unable to test Individual Loan Originator license status due to missing information. Unable to determine actual application date based on documentation on file. Initial application in file not signed     Reviewer Comment (2019-05-31): Received evidence of application date.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103615 6000036059-6508 05/31/2019 Compliance Compliance Federal Compliance TILA NMLSR - Originator Company License Status Not Approved Unable to test LO company status due to missing information. Unable to determine actual application date based on documentation on file. Initial application in file not signed     Reviewer Comment (2019-05-31): Received evidence of application date.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103616 6000036059-5695 05/31/2019 Compliance Compliance Federal Compliance 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. The loan is an ATR risk as the DTI exceeds guidelines, the loan is missing third party verification for xxxx and the P&L for xxxx LLC.     Reviewer Comment (2019-05-31): 45% DTI exception was waived.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103617 6000036059-25035 05/31/2019 Compliance Compliance Federal Compliance General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 65.03320% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI exceeds guidelines as it appears the lender used a 1 year average for xxxx for both borrower's (Loss of $774.88 monthly each) vs. using the 2018 P&L which was less (Loss of $6271.78 monthly each).     Reviewer Comment (2019-05-31): Income was recalculated excluding unaudited P&L statement.
 04/17/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103618 6000036059-3136 05/31/2019 Compliance Compliance Federal Compliance 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. Borrower signed Acknowledgement of Receipt of Homeownership Counseling notice on 1/25/19. Application date is xx/xx/xxxx, earlier disclosure was not provided.     Buyer Comment (2019-05-31): non-material: originator made best efforts to deliver disclosure in timely fashion
     04/18/2019 2 B xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103619 6000036059-4826 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on 0xx/xx/xxxx disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/0xx/xx/xxxx) LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): Received initial LE.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103620 6000036059-6340 05/31/2019 Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): Received evidence borrower was provided with SSPL.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103622 6000036059-6542 05/31/2019 Compliance Compliance Federal Compliance 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 $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77187) LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): Received initial LE.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103623 6000036059-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notice of Settlement Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77213) LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): Received initial LE.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103624 6000036059-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7726) LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): LE did not disclose the same name for some fees, CPL, Endorsements, Express Delivery, and Loan Premium listed on LE, were changed to Title 0 CPL, Title - Endorsement, Title - Courier, and Title - Lender's Title Ins. The fees appear to be intended to be the same.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103626 6000036059-6542 05/31/2019 Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance. Fee Amount of $1,604.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7729) LE dated xx/xx/xxxx provided.     Reviewer Comment (2019-05-31): LE did not disclose the same name for some fees, CPL, Endorsements, Express Delivery, and Loan Premium listed on LE, were changed to Title 0 CPL, Title - Endorsement, Title - Courier, and Title - Lender's Title Ins. The fees appear to be intended to be the same.
 04/16/2019     1 A xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103628 6000036059-18823 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on 0xx/xx/xxxx did not use the same fee terminology as the Loan Estimate. (Final/0xx/xx/xxxx) LE did not disclose the same name for some fees, CPL, Endorsements, Express Delivery, and Loan Premium listed on LE, were changed to Title 0 CPL, Title - Endorsement, Title - Courier, and Title - Lender's Title Ins. The fees appear to be intended to be the same. Provide an attestation for the reason for the fee name changes to cure.     Buyer Comment (2019-05-31): non-material: informational only
     04/18/2019 2 B xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000036059 xxxx 12103630 6000036059-25034 05/31/2019 Compliance Compliance Federal Compliance 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 44.68365% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI of 45% exceeds maximum of 43%. Loan approval reflects a 50% max and 48% DTI, however guidelines maximum for 2nd home is 43%. Residual income $1,000 above the minimum required. Investor required $2,500 borrower has $7958.70

FICO score above minimum by 20 points or greater. Investor required fico score 700, borrower fico score 733		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elected to waive with verified compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater. Investor required fico score 700, borrower fico score 733
Residual income $1,000 above the minimum required. Investor required $2,500 borrower has $7958.70
     04/18/2019 2 B xx/xx/xxxx NJ Second Home Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036059 xxxx 12103631 6000036059-25029 05/31/2019 Compliance Compliance Federal Compliance 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 (2019-05-31): All credit related exceptions were resolved.
 04/18/2019     1 A xx/xx/xxxx NJ Second Home 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
xxxx 6000036740 xxxx 12103651 6000036740-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Unable to locate an insurance policy for the property located at xxxx.     Reviewer Comment (2019-05-31): Upon further research, exception has been cleared.


Buyer Comment (2019-05-31): property is a parking lot.....no insurance is needed. see property profile


Reviewer Comment (2019-05-31): Received HOI for xxxx however, hazard insurance for xxxx was not provided and missing from file.
 04/03/2019     1 A xx/xx/xxxx CA Investment Purchase   C A C A A A A A N/A N/A No
xxxx 6000036737 xxxx 12103654 6000036737-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The final Closing Disclosure reflects a Closing Date of xx/xx/xxxx, but the transaction consummation mortgage notary date was xx/xx/xxxx. A post-close CD was provided along with a copy of the email to the borrower disclosing the changes made.     Reviewer Comment (2019-05-31): LOE and corrected CD provided.
   03/11/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
xxxx 6000036737 xxxx 12103656 6000036737-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Guidelines require verification of borrower;s ownership percentage of 100%. File includes a letter from borrower however that is not 3rd party verification. The entity was verified as xxxx, however that verification does not show ownership information. Articles of incorporation, Operating Agreement or CPA letter showing 100% ownership would be sufficient to clear this exception.     Reviewer Comment (2019-05-31): Received Articles of Incorporation and CA SOS Statement of Information.
 03/13/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C A C A B A A A Non QM Non QM No
xxxx 6000034683 xxxx 12103658 6000034683-24848 05/31/2019 Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.   The loan file does not contain the second valuation. Ordered, Due 4/17/19     Reviewer Comment (2019-05-31): Desk review was provided.
 04/19/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103659 6000034683-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103661 6000034683-4402 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on 04/04/2019 disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/04/04/2019) The final CD Summaries of transactions disclosed a closing cost credit from seller to buyer in the amount of $8,500; however, the credit was not disclosed on the calculating cash to close section of the same CD.     Buyer Comment (2019-05-31): non-material: informational only.
     04/23/2019 2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
xxxx 6000034683 xxxx 12103662 6000034683-4256 05/31/2019 Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of 694 is less than Guideline representative FICO score of 700. Borrower was originally approved with DTI below 43%. At audit DTI increased due to overstated income at origination. EA Plus 10/18 guides have a provision for approval with a DTI up to 50% so long as additional requirements are met. However, the Borrower does not meet the minimum FICO score for the expanded DTI.     Reviewer Comment (2019-05-31): Received 12 consecutive months payments verifying business pays car loan.


Buyer Comment (2019-05-31): (xxxx)please see docs uploaded to complete the 12 months


Reviewer Comment (2019-05-31): Per email correspondence in file, proof of 12 months payments from the business for prior car loan was not provided. 11 months proof in file from 12/26/17-xx/xx/xxxx.


Buyer Comment (2019-05-31): (xxxx)UW omitted Ford an Ally payments DTI is not 45.75%- please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103664 6000034683-23385 05/31/2019 Credit System General Valuation address does not match Note address. Valuation Type: Appraisal / Valuation Report Date: xx/xx/xxxx The Note address disclosed the city incorrectly as xxx. The correct city name is xxx. PITIA reserves above minimum by 6 months or greater. 223.25 > 18 months required

Job stability of 5 years or more - 6.85 and 19.95 > 5.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive based on compensating factors:
Job stability of 5 years or more - 6.85 and 19.95 > 5.
PITIA reserves above minimum by 6 months or greater. 223.25 > 18 months required


Reviewer Comment (2019-05-31): The appraisal provided reflects xxx whereas the Note reflects xxxx		     04/22/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103665 6000034683-23387 05/31/2019 Credit System General Flood Certificate Subject Address does not match Note address.   The Note address disclosed the city incorrectly as x. The correct city name is xxx     Reviewer Comment (2019-05-31): Received updated flood cert with address to match the Note.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103666 6000034683-23383 05/31/2019 Credit Insurance Insurance Analysis Insurance address does not match Note address.   The Note address disclosed the city incorrectly as xxx. The correct city name is xxxx     Reviewer Comment (2019-05-31): Received updated insurance with address to match the Note.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000034683 xxxx 12103667 6000034683-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing:   Missing borrower's xxxx 2016 W-2     Reviewer Comment (2019-05-31): Borrower is 100% owner, 1120 provided used for income calculation.


Buyer Comment (2019-05-31): (xxxx)Borrower is owner of xxxx, 2016 and 2017 1120s provided. W2s not required.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B B C A Non QM Non QM No
xxxx 6000036082 xxxx 12103669 6000036082-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     04/18/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000036082 xxxx 12103670 6000036082-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) CD dated 3/27/19 but signed xx/xx/xxxx     Reviewer Comment (2019-05-31): Post close CD dated 4/11 received.
   04/17/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000036082 xxxx 12103671 6000036082-17648 05/31/2019 Compliance Compliance Federal Compliance TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/xx/xx/xxxx) Transfer taxes of $1,732.50 and Property taxes of $14,565.50 were listed on the consumer CD. Real Estate commission of $39,375 was taken from the seller CD     Reviewer Comment (2019-05-31): Letter of explanation and corrected closing disclosure issued to borrower. Sufficient documentation to cure
   04/17/2019   1 A xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000036082 xxxx 12103672 6000036082-25686 05/31/2019 Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. File missing evidence ARM disclosure was provided to the borrower     Reviewer Comment (2019-05-31): Received evidence borrower received ARM disclosure.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/23/2019     1 A xx/xx/xxxx CA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
xxxx 6000036082 xxxx 12103673 6000036082-6668 05/31/2019 Credit Missing Document General Missing Document: Desk Review not provided   Missing desk review ordered 4/16.     Reviewer Comment (2019-05-31): Desk review was received.
 04/22/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B A A Non QM Non QM No
xxxx 6000036082 xxxx 12103674 6000036082-4357 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xx/xx/xxxx incorrectly disclosed whether the loan allows for Assumption. (Final/xx/xx/xxxx) Note discloses the loan allows for assumption while the CD indicates it does not.     Reviewer Comment (2019-05-31): A Letter of Explanation & Corrected Closing Disclosure were provided.


Seller Comment (2019-05-31): please provide PC CD, LOE to borrower
   04/19/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
xxxx 6000035376 xxxx 12103676 6000035376-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Reviewer Comment (2019-05-31): Received rate lock confirmation.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000035376 xxxx 12103677 6000035376-25513 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 15,897.60 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of 15,897.60 on Final Closing Disclosure. Verified hazard insurance of $109.15 per month and $1033.66 in taxes per month = $13,713.72 over 1 year. It appears the difference in calculation is the hazard insurance that was used at origination was $291.14 per month per 1008     Reviewer Comment (2019-05-31): a Letter of Explanation & Corrected Closing Disclosure WERE PROVIDED


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/22/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000035376 xxxx 12103678 6000035376-5180 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on xx/xx/xxxx did not disclose number of months for Property Tax under Prepaids. (Final/xx/xx/xxxx) Number of months is missing from the final CD.     Reviewer Comment (2019-05-31): a Letter of Explanation & Corrected Closing Disclosure were provided.


Buyer Comment (2019-05-31): (xxxx)please see docs
   04/22/2019   2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
xxxx 6000035376 xxxx 12103679 6000035376-20080 05/31/2019 Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   Missing explanation for large deposits exceeding 50% of the borrowers income into business account (multiple deposits in multiple months) Self employed 5 years or greater (22 years)

36 months PITIA reserves above minimum by 6 months or greater

FICO score above minimum by 20 points or greater (742 vs 700)

DTI below max by 5% or greater, 29% vs 43%		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)Business Bank Statement Loan. Deposits are consistent and appear to be regular cash flow in for xxxx business. xxxx elects to waive with compensating factors:
36 months verified reserves exceeds guideline requirement by more than 6 months
FICO score above minimum by 20 points or greater (742 vs 700)
Borrower has been self-employed for more than 5 years (22 years)
     04/24/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
xxxx 6000036079 xxxx 12103681 6000036079-6543 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $45.00 exceeds tolerance of $40.00 plus 10% or $44.00. Insufficient or no cure was provided to the borrower. (0) $1.00 tolerance violation due to increase in recording fees. No evidence of VCC found in file to justify this increase. Note: Calculating cash to close table reflects loan exceeds legal limits by $1.00, however this is not reflected on the Costs at Closing table nor under the total closing costs table.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Buyer Comment (2019-05-31): (xxxx)Please see attached


Reviewer Comment (2019-05-31): No new trailing documents have been uploaded for review. Last documents uploaded were on 04/24/2019 which was the the 04/23/2019 CD.


Buyer Comment (2019-05-31): (xxxx)PRMG - xxxx - 25m agoPortal
Bayer proof of Fed Ex, letter to borrower, check for $1.00, Amended / Revised Post CD showing $1.00 cure


Reviewer Comment (2019-05-31): AMC received PCCD dated 4/23/19 without a tolerance cure of $1.00 reflected in Section J on page 3, or a copy of the refund check, letter of explanation or proof of delivery. Please provide Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD are needed to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   04/29/2019   2 B xx/xx/xxxx AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000036079 xxxx 12103682 6000036079-5446 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Lender Credit TILA-RESPA Integrated Disclosure – Costs at Closing: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Lender Credit less than the legal limit exceeded on the Calculating Cash to Close table. (Final/xx/xx/xxxx) Costs at closing table data field is blank while calculating cash to close table reflects $1.00     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-05-31): No new trailing documents have been uploaded for review. Last documents uploaded were on 04/24/2019 which was the the 04/23/2019 CD.


Buyer Comment (2019-05-31): (xxxx)xxxx - 25m agoPortal
Bayer proof of Fed Ex, letter to borrower, check for $1.00, Amended / Revised Post CD showing $1.00 cure


Reviewer Comment (2019-05-31): AMC received PCCD dated 4/23/19 without a tolerance cure of $1.00 reflected as a Lender Credit on page 1, or a copy of the refund check, letter of explanation or proof of delivery. Please provide Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD are needed to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   04/29/2019   2 B xx/xx/xxxx AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000036079 xxxx 12103684 6000036079-5012 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Closing Costs Exceeds Limits Amount TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on xx/xx/xxxx disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Final/xx/xx/xxxx) CD reflects 1$.00 on calculating cash to close table while on other costs table this field is blank.     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-05-31): No new trailing documents have been uploaded for review. Last documents uploaded were on 04/24/2019 which was the the 04/23/2019 CD.


Buyer Comment (2019-05-31): (xxxx)xxxx - 25m agoPortal
Bayer proof of Fed Ex, letter to borrower, check for $1.00, Amended / Revised Post CD showing $1.00 cure


Reviewer Comment (2019-05-31): AMC received PCCD dated 4/23/19 without a tolerance cure of $1.00 reflected in Calculating Cash to Close on page 3, or a copy of the refund check, letter of explanation or proof of delivery. Please provide Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD are needed to cure.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
   04/29/2019   2 B xx/xx/xxxx AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
xxxx 6000036079 xxxx 12103688 6000036079-6544 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $45.00 exceeds tolerance of $40.00 plus 10% or $44.00. Sufficient or excess cure was provided to the borrower. (0) Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-05-31): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   04/29/2019   2 B xx/xx/xxxx AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
xxxx 6000034491 xxxx 12103687 6000034491-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Unable to locate the Rate Lock Disclosure in the loan file.     Buyer Comment (2019-05-31): Non-material


Reviewer Comment (2019-05-31): Unable to verify lock date with price sheet.


Seller Comment (2019-05-31): Uploaded Rate Lock


Reviewer Comment (2019-05-31): Received the COC however, the rate lock is required to clear this exception.


Seller Comment (2019-05-31): Uploaded COC showing rate lock date
     04/25/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034491 xxxx 12103690 6000034491-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Initial/xx/xx/xxxx) Unable to locate confirmation showing the borrower received the Closing Disclosure at least 3 business days prior to closing.     Reviewer Comment (2019-05-31): E-signed Initial CD provided


Seller Comment (2019-05-31): Uploaded Initial CD issued xx/xx/xxxx showing signed by the borrower the same day.


Reviewer Comment (2019-05-31): AMC received Disclosure Tracking for 03/07 LE however the exception is regarding the receipt of the 04/09 CD. If the CD was received prior to mailbox rule receipt please provide documentation for review.


Seller Comment (2019-05-31): Uploaded Disclosure Tracking dated xx/xx/xxxx
 04/23/2019     1 A xx/xx/xxxx FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
xxxx 6000034491 xxxx 12103691 6000034491-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   xxxx was qualified using only 10 months of existence. Per narrative in file, this entity replaced an old entity xxxx. However, these entities were not the same and both operated simultaneously for several months based on bank statement deposit history. FICO score above minimum by 20 points or greater. 760 vs 740.

DTI below max by 5% or greater. 31.83357% vs 43%.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived per client with compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with comp factors - will allow the use of re-branded business to make-up the 24 mo history per the LOE in file.
DTI below max by 5% or greater. 31.83357% vs 43%
FICO score above minimum by 20 points or greater. 760 vs 740
     04/22/2019 2 B xx/xx/xxxx FL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000034670 xxxx 12103695 6000034670-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) The closing date was xx/xx/xxxx and the notary date was xx/xx/xxxx     Buyer Comment (2019-05-31): non-material: CD in loan file, marked final, shows closing date of x/xx/xxxx; missing LOE to borrower for clerical update.
     04/24/2019 2 B xx/xx/xxxx NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000034670 xxxx 12103697 6000034670-4961 05/31/2019 Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Received private VOR, cancelled checks for rent from 1/18 through 7/18 and letter of explanation for rent paid as cash for 8/18 through 12/18 PITIA reserves above minimum by 6 months or greater. 18.41 Mos.> 9 Mos.required

FICO score above minimum by 20 points or greater. 706 > 680		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater. 706 > 680
PITIA reserves above minimum by 6 months or greater. 18.41 Mos.> 9 Mos.required
     04/23/2019 2 B xx/xx/xxxx NV Primary Purchase   C B C B B B A A Non QM Non QM No
xxxx 6000036086 xxxx 12103700 6000036086-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     04/22/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
xxxx 6000036062 xxxx 12103701 6000036062-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Missing authentication of CPA via a google search or equivalent reflecting license number, address and telephone number. Letter provided does not appear to be on company letterhead and there is no indication of a license number.     Reviewer Comment (2019-05-31): Received third party verification through national directory of registered tax prepares for CPA.


Buyer Comment (2019-05-31): (xxxx)Pre-close: please see attached.
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103703 6000036062-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.91720% or Final Disclosure APR of 5.95900% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%. Compliant Higher Priced Mortgage Loan. Final Disclosure APR of 5.95900% x$157,000 = $9355.63 is in excess of allowable threshold of 5.60000% x $157,000 = $8792.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     04/19/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103704 6000036062-17176 05/31/2019 Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 5.91720% or Final Disclosure APR of 5.95900% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%. Compliant Higher Priced Loan. Final Disclosure APR of 5.95900% x$157,000 = $9355.63 is in excess of allowable threshold of 5.60000% x $157,000 = $8792.     Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     04/19/2019 1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103705 6000036062-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing complete underwriter's income analysis worksheet. Worksheet provided reflects fixed income method used based on $11,756 net deposits with expense factor of 40%. However it does not reflect how the net deposits were calculated or if calculations were based on service only or goods sold type of business. Guidelines require the analysis to detail the qualifying income calculations including exclusions made and and reason for the exclusion.     Reviewer Comment (2019-05-31): Received complete UW income analysis.


Buyer Comment (2019-05-31): (xxxx)Please see attached.
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103706 6000036062-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for numerous deposits exceeding 50% of borrower's qualifying income of $5,745.92.     Reviewer Comment (2019-05-31): Received LOE that all large deposits are from business. Deposits seem consistent with borrowers business profile of construction/remodeling of homes and small businesses.


Buyer Comment (2019-05-31): (xxxx)Pre-close response: Loe provided is a blanket statement and per guidelines unusual deposits need to be explained and justified which we have documented for the large deposit in the month of 2/2019; $26k approx..
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103707 6000036062-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Business Narrative Missing business narrative which includes detail related to the size/scope and operating profile of the business as required per EA Plus guidelines on business bank statement program     Reviewer Comment (2019-05-31): Received business narrative.


Buyer Comment (2019-05-31): (xxxx)Pre-close response: not needed on expense ratio option but attached above is the Narrative which captures what is needed to calculate the ratio factor.
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103708 6000036062-596 05/31/2019 Credit Loan Package Documentation Closing / Title Missing Lien(s) negatively impacting title   Missing verification the two HELOC loans being paid off will be closed, as required per title.     Reviewer Comment (2019-05-31): Received supplement reflecting account is closed.


Seller Comment (2019-05-31): Credit Sup shows credit line was closed prior to closing
 04/24/2019     1 A xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000036062 xxxx 12103709 6000036062-3843 05/31/2019 Credit Property - Appraisal Property Eligibility - Subject and Improvements Guideline Issue: Property type not allowed per credit guidelines   Lender approved exception for cash out refinance on a rural property. Ownership of subject property of 5 years or greater. 11 years

0 X 30 24 month housing history

FICO score above minimum by 20 points or greater. 801 > 700

DTI below max by 5% or greater. 24.28% < 50%		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Waived with compensating factors per clients pre-approved exception waiver list.
     04/19/2019 2 B xx/xx/xxxx CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
xxxx 6000032500 xxxx 12103711 6000032500-3677 05/31/2019 Compliance Compliance Federal Compliance 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. Missing receipt of assets used for income calculations.     Reviewer Comment (2019-05-31): Received statements for assets used for income.
 04/24/2019     1 A xx/xx/xxxx IL Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
xxxx 6000032500 xxxx 12103712 6000032500-5949 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Asset Depletion Income Ability to Repay (Dodd-Frank 2014): Unable to verify Asset Depletion income using reasonably reliable third-party records. (xxxx (employer unknown)/Asset Depletion) Missing receipt of assets used for income calculations.     Reviewer Comment (2019-05-31): Received statements for assets used for income.
 04/24/2019     1 A xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103713 6000032500-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing receipt of assets used for income calculations.     Reviewer Comment (2019-05-31): Received statements for assets used for income.
 04/24/2019     1 A xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103715 6000032500-6582 05/31/2019 Compliance Compliance Federal Compliance TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $146.00 exceeds tolerance of $120.00 plus 10% or $132.00. Sufficient or excess cure was provided to the borrower at Closing. (0)           04/19/2019   1 A xx/xx/xxxx IL Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
xxxx 6000032500 xxxx 12103716 6000032500-6445 05/31/2019 Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.61170% or Final Disclosure APR of 5.63700% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-31): Higher Priced Mortgage Loan for CA and FED Compliant
     04/22/2019 1 A xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103717 6000032500-25158 05/31/2019 Compliance Compliance Federal Compliance (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.       Buyer Comment (2019-05-31): non-material: worst case APOR used to complete compliance testing
     04/25/2019 2 B xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103718 6000032500-23086 05/31/2019 Credit Assets Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $78,300.86. Divorce Decree indicates borrower will be receiving xxxx, however no evidence for receipt of these funds found in file.     Reviewer Comment (2019-05-31): Received statement with wire in from Title company for $435,000.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/24/2019     1 A xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103719 6000032500-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx Bank Statements Missing documentation for $1,577,107 in assets used to qualify borrower's income. Client approved an exception for use of unseasoned assets for income calculations on the Asset Depletion Program. Program requires 4 months seasoning which borrower does not have. Funds are coming from ex-spouse's retirement which borrower is receiving 60% - 50% of costs incurred. However, no evidence found in file for receipt of these funds. DTI below max by 5% or greater. Borrower's dti is 15%, max per guideline is 43%

FICO score above minimum by 20 points or greater. Guideline required 720 borrower fico 788		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)please see docs


Reviewer Comment (2019-05-31): Unable to waive this exception due to the missing asset documentation.


Reviewer Comment (2019-05-31): Exception for not providing source and seasoning of assets as required per guidelines, was waived per the client's pre-approved waiver list.
     04/24/2019 2 B xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000032500 xxxx 12103720 6000032500-5949 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Asset Depletion Income   Missing receipt of assets used     Reviewer Comment (2019-05-31): Received statements for assets used for income.
 04/24/2019     1 A xx/xx/xxxx IL Primary Purchase   C B C B C B A A Non QM Non QM No
xxxx 6000036067 xxxx 12103722 6000036067-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Primary/xx/xx/xxxx) The appraisal acknowledgement was signed on 4/4/19 which is 2 days before the actual closing date of xx/xx/xxxx     Reviewer Comment (2019-05-31): Received appraisal 3 day waiver signed by borrower.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/30/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000036067 xxxx 12103723 6000036067-2919 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing copy of xxxx family trust DTI below max by 5% or greater (36% vs. 43%)

FICO score above minimum by 20 points or greater, the borrowers FICO score is 787, the minimum FICO score is 680.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive based on compensating factors.


Buyer Comment (2019-05-31): (xxxx)No trust income was used for qualification and title is being held individually. Borrower's have personal checking and savings account. Charles Swabb account identifies borrower and family trust. xxxx elects to waive based on compensating factors:
FICO score above minimum by 20 points or greater, the borrowers FICO score is 787, the minimum FICO score is 680.
DTI below max by 5% or greater (36% vs. 43%)
     04/30/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000036067 xxxx 12103724 6000036067-6572 05/31/2019 Compliance Compliance Federal Compliance 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. (Type:Secondary/xx/xx/xxxx) Verification of receipt of appraisal on file dated 4/4/19, which is less than 3 days prior to the closing date of xx/xx/xxxx     Reviewer Comment (2019-05-31): Received appraisal 3 day waiver signed by borrower.
 04/30/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C B B A A A Non QM Non QM No
xxxx 6000036093 xxxx 12103728 6000036093-4371 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on xx/xx/xxxx disclosed a Closing Date that did not match the actual date of consummation. (Final/xx/xx/xxxx) Final CD had a Closing date of xx/xx/xxxx, the signature date was xx/xx/xxxx.     Buyer Comment (2019-05-31): non-material: Corrected on PC CD. Proof of delivery provided. Missing LOE for clerical update only.


Reviewer Comment (2019-05-31): AMC received Corrected CD. Please provide letter of explanation to borrower to cure


Buyer Comment (2019-05-31): (xxxx)please see docs
     04/30/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
xxxx 6000036093 xxxx 12103729 6000036093-6583 05/31/2019 Compliance Compliance Federal Compliance 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 $810.00 exceeds tolerance of $595.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)           04/22/2019   1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
xxxx 6000036093 xxxx 12103730 6000036093-7042 05/31/2019 Compliance Compliance Federal Compliance TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. Current lender is the same as originating lender on previous transaction per title.     Buyer Comment (2019-05-31): non-material: informational only
     04/30/2019 2 B xx/xx/xxxx CA 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 B B B A A Non QM Non QM Yes
xxxx 6000036093 xxxx 12103731 6000036093-2821 05/31/2019 Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for 90 day delinquent on 1/2018 mortgage.EA Plus Guidelines require a letter of explanation for all derogatory credit which is over 60 days delinquent within the last four years. FICO score above minimum by 20 points or greater. 684 vs 661.

PITIA reserves above minimum by 6 months or greater. 45.61 Mos. > 9 Mos. required.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-31): Client elects to waive with compensating factors.


Buyer Comment (2019-05-31): (xxxx)Delinquency is 14 months old. xxxx elects to waive with compensating factors:
PITIA reserves above minimum by 6 months or greater. 45.61 Mos. > 9 Mos. required.
FICO score above minimum by 20 points or greater. 684 vs 661
     04/26/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
xxxx 6000036319 xxxx 12103732 6000036319-2924 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided   Search in file is for SSN Verify only.     Reviewer Comment (2019-05-31): Received Fraud Report.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/24/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000036319 xxxx 12103733 6000036319-2811 05/31/2019 Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   The AUS or Lender Attestation verifying loan is ineligible for GSE Delivery was not provided.     Reviewer Comment (2019-05-31): Received AUS Report with Approve/Ineligible Findings.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/24/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000036319 xxxx 12103734 6000036319-18030 05/31/2019 Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Final CD is missing page 3.     Reviewer Comment (2019-05-31): Received missing page. No change, compliance testing complete.


Buyer Comment (2019-05-31): (xxxx)please see docs
 04/25/2019     1 A xx/xx/xxxx CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
xxxx 6000036087 xxxx 12103737 6000036087-20618 05/31/2019 Credit Guideline Guideline Issue VOM was the only document used to verify mortgage pay history and not allowable per guidelines.   Missing rental history evidenced by 12 months proof of payment via cancelled checks, bank debits or institutional VOR. Handwritten VOR on file     Reviewer Comment (2019-05-31): Acceptable VOR was provided.


Buyer Comment (2019-05-31): (xxxx)Please review. Not applicable. VOR while handwritten was completed by an management company and is considered an institutional VOR.
 04/26/2019     1 A xx/xx/xxxx CA Primary Purchase   C B C A C B B B Non QM Non QM No
xxxx 6000036087 xxxx 12103739 6000036087-6498 05/31/2019 Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: 03/13/2019 Appraisal is in the name of the broker Impac Mortgage Wholesale. Appraisal transfer letter on file     Buyer Comment (2019-05-31): xxxx elects to waive with compensating factors:
FICO score above minimum by 20 points or greater (792 vs 720 minimum)
Residual income $1000 above the minimum required ($10,582.05 vs $2650 required)


Reviewer Comment (2019-05-31): Appraisal is required to be in the name of the Lender. Please advise if Client/Lender acknowledges. Lender on appraisal report differs from Note. EV2 Rating


Buyer Comment (2019-05-31): (xxxx)Please review, condition is not applicable. Per guideline section 13.1 Appraisals: Assigned appraisals are acceptable, unless ordered by borrower.
     04/29/2019 2 B xx/xx/xxxx CA Primary Purchase   C B C A C B B B Non QM Non QM No
xxxx 6000036087 xxxx 12103740 6000036087-25513 05/31/2019 Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 16,257.96 on Final Closing Disclosure provided on xx/xx/xxxx not accurate. (Final/xx/xx/xxxx) Estimated Property Costs over Year 1 of 16,257.96 on Final Closing Disclosure inclusive of $170.45 monthly hazard taxes and $1,184.38 monthly property taxes x 12. Appears difference is hazard insurance as it was verified to be $2040.89 annually/ $170.07 monthly     Reviewer Comment (2019-05-31): Letter of explanation and corrected CD on file
   04/23/2019   2 B xx/xx/xxxx CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B B B Non QM Non QM Yes
xxxx 6000036989 xxxx 12103743 6000036989-7038 05/31/2019 Compliance Compliance Federal Compliance 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. (Final/0xx/xx/xxxx) The file did not contain an initial CD nor was a 3-day waiver found.     Reviewer Comment (2019-05-31): AMC received 03.15 CD that was received 03/17/ Exception Cleared.


Buyer Comment (2019-05-31): Initial CD and Tracking Info uploaded
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term No Defined Cure C B C B C A A A Non QM Non QM No
xxxx 6000036989 xxxx 12103744 6000036989-3677 05/31/2019 Compliance Compliance Federal Compliance 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. Due to missing income documentation     Reviewer Comment (2019-05-31): Third party verification provided for T&D
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
xxxx 6000036989 xxxx 12103745 6000036989-25518 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - C-Corp 1120 Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current C-Corp status using reasonably reliable third-party records. (xxxx/C-Corp 1120) Provide 3rd party verification of employment dated within 30 days of the Note date for C-Corp.     Reviewer Comment (2019-05-31): Third party verification provided for T&D


Buyer Comment (2019-05-31): 3rd party verification for T&D uploaded
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000036989 xxxx 12103746 6000036989-25518 05/31/2019 Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - C-Corp 1120 Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current C-Corp status using reasonably reliable third-party records. (xxxx/C-Corp 1120) Provide 3rd party verification of employment dated within 30 days of the Note date for C-Corp.     Reviewer Comment (2019-05-31): Third party verification provided for T&D


Buyer Comment (2019-05-31): 3rd party verification for T&D uploaded
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000036989 xxxx 12103747 6000036989-4204 05/31/2019 Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to missing income documentation     Reviewer Comment (2019-05-31): Third party verification provided for T&D
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000036989 xxxx 12103748 6000036989-5404 05/31/2019 Credit Income / Employment Income Documentation Income Docs Missing: Borrower: xxxx P&L Statement, Telephone Listing / Internet Search / Directory Assistance, Third Party Verification 1) Provide 3rd party verification of employment dated within 30 days of the Note for the Schedule C business 2) Provide the internet search for the Schedule C business 3) Provide the YTD 2018 P&L for the Schedule C business Residual income over $18,000, DTI 26.61%, FICO 734 Aggregator Reviewer Comment (2019-05-31): Client elects to waive guideline requirement


Buyer Comment (2019-05-31): Lender Exception uploaded
     04/18/2019 2 B xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000036989 xxxx 12103749 6000036989-3831 05/31/2019 Credit Credit Miscellaneous Credit Exception:   Provide evidence that the HELOC being paid through close had no draws or draws < $2,000 over the past 12 months in order to be considered a R/T transaction.     Reviewer Comment (2019-05-31): 12 months statements provided to confirm no draws on HELOC.


Buyer Comment (2019-05-31): HELOC history uploaded
 04/11/2019     1 A xx/xx/xxxx CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
xxxx 6000035387 xxxx 12103751 6000035387-3126 05/31/2019 Compliance Compliance Federal Compliance Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction. The file is missing documentation to verify the Loan Originator Compensation was not based on a term of the transaction.     Reviewer Comment (2019-05-31): Loan Compensation Disclosure provided.


Buyer Comment (2019-05-31): Uploads included; Closing Request Form, Le Request Form, and Itemization of Fees.
 04/24/2019     1 A xx/xx/xxxx FL Primary Purchase   C A C A B A A A Non QM Non QM No
xxxx 6000035387 xxxx 12103752 6000035387-4702 05/31/2019 Credit Assets Asset Documentation Guideline Issue:Insufficient asset documentation.   File is missing a signed letter from a CPA or borrower verifying that the withdrawal of funds from the business for the transaction will not have a negative impact on the business. If a CPA letter is not provided, a cash flow analysis, business bank statements, must be completed to determine if the withdrawal of funds from the business is acceptable. Only assets below lowest balance shown on business bank statements may be used.     Reviewer Comment (2019-05-31): CPA letter provided.


Buyer Comment (2019-05-31): CPA Letter
 04/24/2019     1 A xx/xx/xxxx FL Primary Purchase   C A C A B A A A Non QM Non QM No