EX-99.2 3 ex99-2.htm AMC EXCEPTION GRADES
 

ANGEL OAK MORTGAGE TRUST I, LLC ABS-15G

 

Exhibit 99.2

Exception Grades
Run Date - 11/6/2019 12:24:57 PM
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
200469210 [REDACTED]         Compliance Compliance Federal Compliance RESPA (2010) -   GFE Settlement charges Good Thru Date Less than 10 Days RESPA (2010):  GFE does not provide minimum ten (10) business day availability for estimate of charges and terms for all other settlement charges.               2 B   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML) Federal Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.70243% is in excess of allowable threshold of APOR 3.22% + 3.5%, or 6.72000%.       Reviewer Comment (2016-11-14): (redacted) Waives
     11/14/2016 1 B   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Credit Loan Package Documentation Closing / Title Note Error: Unable to determine amortization type from loan documents provided.   The transaction is not a balloon, however a balloon note was used.   [Redacted] Received Unsigned Note     Reviewer Comment (2019-03-18): Received signed Amended Note, not a balloon.


Reviewer Comment (2019-03-06): received unsigned amended Note


Reviewer Comment (2017-03-06): See page xxx of file, top of document "Balloon Note".


Reviewer Comment (2017-03-06): Ignore previous comment, Note received was for xst lien.


Reviewer Comment (2017-03-06): Received signed Note $xxx,xxx on xx/xx/xxxx.


Buyer Comment (2017-03-06): Please advise there is no balloon payment on the note. Not sure where you are getting this condition from.


Reviewer Comment (2017-03-02): Rec'd a copy of the first lien note.
 03/18/2019     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided   Missing note for 1st mortgage transaction.     Reviewer Comment (2016-03-24): Received Senior Lien note
 03/24/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing AUS.     Reviewer Comment (2016-03-24): received AUS
 03/24/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Credit Asset Asset Documentation Asset Issue:  Gift funds are missing evidence of receipt   Missing proof of receipt of $[Redacted] gift funds.     Reviewer Comment (2019-03-19): Per AUS funds to be verified only $xx,xxx.xx -


Buyer Comment (2019-03-15): (redacted). I have upld the HUD on this xnd mtg. there was no gift funds used per the hud and gift funds only go to the xst which is not this file. This file is on the xnd mtg.

thanks.


Reviewer Comment (2019-03-07): Gift funds are required as part of funds needed to close


Buyer Comment (2019-03-06): This is the xnd mortgage. Gift funds only go to the xst mtg.


Reviewer Comment (2017-03-02): The gift letter is for $xx,xxx.  Rec'd evidence of receipt of $xx,xxx.
 03/19/2019     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Missing the GFE to correspond with the Change of Circumstance form dated[REDACTED] The loan was locked.     Reviewer Comment (2016-05-27): Received
 05/27/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM Yes
200469210 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing satisfactory housing history.     Reviewer Comment (2016-06-30): Mortgage in Husbands name, will not be reported in her name.
 06/30/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Compliance Compliance Federal Compliance RESPA (2010) - 10% Tolerance Without Cure RESPA (2010): 10% tolerance violation without  evidence of sufficient cure provided. The GFE dated[REDACTED]eflects title services of $280 whereas the final HUD reflects $460.  Missing the GFE dated[REDACTED]eflecting accurate title service charges or evidence of tolerance cure. [REDACTED]eceived GFE dated[REDACTED]ll fees remain the same and outside 10% Fees     Reviewer Comment (2016-06-30): Received [REDACTED], showing borrower chose Closing agent other than on list
 06/30/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing HUD-1 from the first mortgage transaction.     Reviewer Comment (2016-03-24): Received HUDx
 03/24/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Compliance Compliance Miscellaneous Compliance (Doc Error) GFE Error: There is no evidence that the interest rate was locked prior to closing         Reviewer Comment (2016-05-27): GFE dated x/x/xx and Change of Circumstance Reflect loan initially locked
 05/27/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Property Property - Appraisal Appraisal Documentation Missing Document: Appraisal was made "subject to" and Form 442 was not provided.         Reviewer Comment (2016-03-24): Received xxx with photos
 03/24/2016     1 A   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         Compliance Compliance Miscellaneous Compliance (Doc Error) GFE Error: Days before settlement not provided.         Reviewer Comment (2017-03-08): received postdated GFE (x/x/xx)
       2 B   GA Primary Purchase   D B D A C B A A Higher Priced QM Higher Priced QM No
200469210 [REDACTED]         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 Temporary HPQM (GSE/Agency Eligible).       Reviewer Comment (2016-06-13): re-ran compliance
 06/13/2016     1 A   GA Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Higher Priced QM Higher Priced QM Yes
200853336 [REDACTED]         Compliance Loan Package Documentation Application / Processing (Doc Error) Security Instrument Error: No evidence exists in the file that the documents are recorded or sent for recording (Within 12 months of closing)         Reviewer Comment (2016-10-18): xxxx - Rec'd closing instructions indicating the docs will be sent for recording.
 10/18/2016     1 A   GA Primary Refinance - Cash-out - Other   C B A A C B A A Higher Priced QM Higher Priced QM No
200853336 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML) Federal Higher-Priced Mortgage Loan (Stated APR Exceeds HPML Threshold) Federal Higher-Priced Mortgage Loan: APR on subject loan of % or Final Disclosure APR of % is in excess of allowable threshold of APOR % + %, or %.       Reviewer Comment (2016-11-14): Xxxx waives
     11/14/2016 1 B   GA Primary Refinance - Cash-out - Other   C B A A C B A A Higher Priced QM Higher Priced QM No
200853336 [REDACTED]         Compliance Compliance Federal Compliance TRID - Good Faith Fee Tolerance TILA-RESPA Integrated Disclosure - Good Faith Violation: Homeowners Insurance Premium provided on Final Closing Disclosure was not previously disclosed to the borrower. ()       Reviewer Comment (2016-10-18): xxxx - Rec'd stmt from lender dated xxxx that homeowner's insurance is added to the CD per the agent
 10/18/2016     1 A   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 Higher Priced QM Higher Priced QM Yes
200904933 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [REDACTED] ___ Missing VVOE for[REDACTED] (Co-borrower) within 10 days of closing 60% LTV < 80% guideline max   Reviewer Comment (2017-08-10): [REDACTED] Received Credit Risk Summary & Exception approval waiving VVOE after closing with Comp Factors


Reviewer Comment (2017-06-13): Received post closing VVOE showing borrower is still employed by employer at origination.
     08/10/2017 2 BW   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. 47.97% > 45% Portfolio Select 7/1 ARM.  Lender's DTI 47.7% > 45%.  Credit Risk Summary & Exception Approval in file (p 5).  Compensating Factors: [REDACTED] score, 31.543% housing ratio, 60% LTV and 0.055 payment shock. 60% LTV < 80% guideline max   Reviewer Comment (2016-09-27): p5
     09/27/2016 2 BW   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML) Federal Higher-Priced Mortgage Loan (Stated APR Exceeds HPML Threshold) Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.43380% or Final Disclosure APR of 6.46200% is in excess of allowable threshold of APOR 3.22% + 1.5%, or 4.72000%.  Compliant Higher Priced Loan.       Reviewer Comment (2016-11-14): [REDACTED] waives
     11/14/2016 1 B   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         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 (2016-09-28): [REDACTED] received disclosure tracking showing receipt
 09/28/2016     1 A   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower.       Reviewer Comment (2016-10-17): [REDACTED] - Rec'd ARM disclosure
 10/17/2016     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         Compliance Compliance Federal Compliance TRID 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. (Initi[REDACTED]016) Per the Disclosure Tracking Tool in file the initial CD was received by the borrower [REDACTED] The loan closed[REDACTED].     Reviewer Comment (2017-02-07): Rec'd initial CD signed by the borrower [REDACTED].
 02/07/2017     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         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  [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) $803 transfer taxes     Reviewer Comment (2017-08-07): Rec'd LOE and corrected CD.


Reviewer Comment (2017-06-13): Rec'd LOE, corrected CD and evidence of emailing.  Missing copy of refund check and proof of delivery. ALSO, disbursement date is incorrect on PCCD dated [REDACTED].
       2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C BW C BW C B A A Non QM Non QM Yes
200904933 [REDACTED]         Compliance Compliance Federal Compliance TRID - Fee Tolerance without Cure TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided. $803 transfer taxes     Reviewer Comment (2017-08-07): Rec'd corrected CD, LOE to the borrower, copy of canceled refund check


Reviewer Comment (2017-06-13): Rec'd LOE, corrected CD and evidence of emailing.  Missing copy of refund check and proof of delivery. ALSO, disbursement date is incorrect on PCCD dated [REDACTED].
       2 B   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 BW C BW C B A A Non QM Non QM Yes
200904933 [REDACTED]         Compliance Compliance Federal Compliance TRID -  Zero Percent Fee Tolerance TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $2,340.00 exceeds tolerance of $1,537.00. (8304) Fee disclosed as $1537.00 on LE,  but disclosed as $2340.00 on Final Closing Disclosure.     Reviewer Comment (2017-08-07): Rec'd corrected CD, LOE to the borrower, copy of canceled refund check
       2 B   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 BW C BW C B A A Non QM Non QM Yes
200904933 [REDACTED]         Credit Credit Credit Documentation Aged document: Primary Valuation is older than guidelines permit Valuation Type: Appraisal / Valuation Report Date: [REDACTED] ___ Missing Recertification of Value from original appraiser.  Report dated [REDACTED] is > 120 days (121) on [REDACTED] closing.     Reviewer Comment (2017-06-12): Days included 2 holidays ([REDACTED] and [REDACTED]), appraisal is just within 120 days
 06/12/2017     1 A   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
200904933 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. 1.81 months < 6 months Portfolio Select 7/1 ARM 60% LTV < 80% guideline max   Reviewer Comment (2017-06-13): Exception approval for reserves being less than required
     06/13/2017 2 BW   FL Primary Refinance - Cash-out - Other   C BW C BW C B A A Non QM Non QM No
201178729 [REDACTED]         Compliance Compliance State Compliance (REDACTED) Rate Spread Threshold Test (REDACTED) Rate Spread Home Loan: APR on subject loan of % or Final Disclosure APR of % is in excess of allowable threshold of APOR % + %, or %.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C A B B A A Non QM Non QM No
201178729 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2017-01-25): Rec'd fraud report.
 01/25/2017     1 A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
202091518 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2017-10-04): Received CDA within xx% tolerance
 10/04/2017     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [Redacted], Borrower: [Redacted] ___ Missing VVOE within 10 days of closing for [Redacted] employed by [Redacted].     Reviewer Comment (2017-08-15): Received Vvoe


Reviewer Comment (2017-08-11): Need VVOE for Co-Borrower from (redacted) (redacted) (redacted).


Reviewer Comment (2017-08-08): Rec'd VVOE for borrower.  Missing VVOE for co-borrower.
 08/15/2017     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redacted]% or Final Disclosure APR of [Redacted]% is in excess of allowable threshold of APOR [Redacted]% + [Redacted]%, or [Redacted]%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2017-08-07): Client accepts
     08/07/2017 1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003   Missing Broker's initial 1003 signed and dated by Borrowers     Reviewer Comment (2017-08-08): Rec'd initial, signed xxxx.
 08/08/2017     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. [Redacted]% LTV > [Redacted]% max [Redacted] program with a [Redacted] FICO.  [Redacted] < minimum [Redacted] FICO required for [Redacted]% LTV.  Lender's Credit Risk Summary & Exception Approval in file.   Compensating factors: Credit history Credit history   Reviewer Comment (2017-08-08): Rec'd exception for LTV exceeds guidelines.
     08/08/2017 2 B   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. [Redacted]% LTV > [Redacted]% max [Redacted] program with a [Redacted] FICO.  [Redacted] < minimum [Redacted] FICO required for [Redacted]% LTV.  Lender's Credit Risk Summary & Exception Approval in file.   Compensating factors: Credit history Credit history   Reviewer Comment (2017-08-08): Rec'd exception for LTV exceeds maximum allowed by guidelines.
     08/08/2017 2 B   FL Primary Purchase   C B C B B A C A Non QM Non QM No
202091518 [REDACTED]         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[REDACTED])       Reviewer Comment (2017-08-09): Rec'd LOE, corrected CD and evidence of emailing.
   08/09/2017   1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B A C A Non QM Non QM Yes
203560442 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.           07/19/2018     1 A   FL Investment Refinance - Rate/Term   C A C A A A C A N/A N/A No
203560442 [REDACTED]         Credit Credit Miscellaneous Credit Exception:           06/06/2018     1 A   FL Investment Refinance - Rate/Term   C A C A A A C A N/A N/A No
203560442 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided           06/06/2018     1 A   FL Investment Refinance - Rate/Term   C A C A A A C A N/A N/A No
204471213 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Amortization type discrepancy.   Closing Disclosure and Rate Lock indicate that the loan is Interest Only, but Note and Mortgage do not contain that information.     Reviewer Comment (2018-10-30): Rec'd corrected note and security instrument.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Credit Loan Package Documentation Closing / Title (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I   Closing Disclosure and Rate Lock indicate that the loan is Interest Only, but Note and Mortgage do not contain that information.     Reviewer Comment (2018-10-30): Rec'd corrected note and security instrument.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         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 $7,414.00 on Final Closing Disclosure provided on [REDACTED] not accurate. [REDACTED] Monthly HOA per Appraisal $687 x 12 = $8,244     Reviewer Comment (2018-10-26): AMC received Letter of Explanation & Corrected Closing Disclosure.


Reviewer Comment (2018-10-02): PCCD dated [REDACTED] has change to hazard insurance not HOA. Looking for correction of Non-Escrowed Property Costs.
   10/26/2018   2 B   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
204471213 [REDACTED]         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 $90.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (77185) Even though borrower went to other company these fees are paid to somewhere additional and therefore without proof the chosen provider made the borrower get these additional fees from somewhere they are included in tolerance testing.     Reviewer Comment (2018-10-01): Received Attestation letter
 10/01/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AIR Table First Change Frequency TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on [REDACTED] disclosed a First Change frequency that does not match the actual first change frequency for the loan. [REDACTED] Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table First Change TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [REDACTED] disclosed a First Change minimum, maximum, and payment period that does not match the actual terms for the loan. [REDACTED] Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table Maximum Payment TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [REDACTED] disclosed a Maximum Payment amount and period that does not match the actual terms for the loan. [REDACTED] Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. [REDACTED] $1,339.75 < $1,456.00     Reviewer Comment (2018-11-09): Letter of Explanation & Corrected Closing Disclosure provided.
   11/09/2018   2 B   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Loan Type TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Loan Type that does not match the actual loan type for the loan. [REDACTED] Closing Disclosure dated [REDACTED] shows Loan Type as "Other - Bank". Should be Conventional.             2 B   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. [REDACTED] .     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. [REDACTED] $90 + $200 + $65     Reviewer Comment (2018-10-01): Received Attestation letter
 10/01/2018     1 A   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
204471213 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/530486) Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/530487) Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/530488) Note is Fixed Rate     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         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: [REDACTED] [REDACTED] vs [REDACTED]     Reviewer Comment (2019-09-12): CDA supports value used for LTV
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Missing Document General Incomplete Document: Right to Cancel (RTC) is incomplete   Missing page 2 of the Notice of Right to Cancel, loan file only contains pages 1 and 3.     Reviewer Comment (2018-10-25): Received
 10/25/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Amortization type discrepancy.   Rate Lock Confirmation and Final CD indicates that the loan is an Interest Only Adjustable Rate Mortgage. No ARM disclosure or booklet provided in the loan file.     Reviewer Comment (2018-10-30): Rec'd corrected note and security instrument.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Maximum $400,000 cash out for credit score and rate per Matrix. Cash back exceeds program maximum of $500,000 due to payoff of additional liens. 734 Credit Score

Borrower has job stability for 14 years as an [REDACTED]		 Originator

Originator		 Reviewer Comment (2018-10-25): Received Credit Risk Summary & Exception Approval. Cash Out exceeds maximum. Compensating Factors: 1) Credit Score. 2) Payment Shock. 3) Stable Employment History.
     10/25/2018 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Credit Loan Package Documentation Closing / Title (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I   Rate Lock Confirmation and Final CD indicates that the loan is an Interest Only Adjustable Rate Mortgage. No ARM disclosure or booklet provided in the loan file.     Reviewer Comment (2019-09-12): cleared with update
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Payoff Statement Fee.  Fee Amount of $65.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (77177) Even though borrower went to other company these fees are paid to somewhere additional and therefore without proof the chosen provider made the borrower get these additional fees from somewhere they are included in tolerance testing.     Reviewer Comment (2018-10-01): Received Attestation letter
 10/01/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Reconveyance Fee.  Fee Amount of $200.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (77180) Even though borrower went to other company these fees are paid to somewhere additional and therefore without proof the chosen provider made the borrower get these additional fees from somewhere they are included in tolerance testing.     Reviewer Comment (2018-10-01): Received Attestation letter
 10/01/2018     1 A   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
204471213 [REDACTED]         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. I/O     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Monthly Payment - Default Ability-to-Repay (Dodd-Frank 2014): Improper calculation method used for Non QM qualifying monthly payment (non-I/O, non-Balloon, non-Neg-Am). I/O     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. I/O     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AIR Table Maximum Interest Rate TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on [REDACTED] disclosed a Maximum Interest Rate that does not match the actual maximum interest rate for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         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 [REDACTED] disclosed a Minimum Interest Rate that does not match the actual minimum interest rate for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AIR Table Subsequent Change Frequency TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on [REDACTED] disclosed a Subsequent Changes frequency that does not match the actual subsequent change frequency for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table Interest Only Payment Period TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate Interest Only Payments Period. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table Subsequent Changes TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [REDACTED] disclosed a Subsequent Changes period that does not match the actual terms for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure APR TILA-RESPA Integrated Disclosure - Loan Calculations:  APR of 6.35600% on Final Closing Disclosure provided on [REDACTED] is over-disclosed from the calculated APR of 5.34670% outside of 0.125% tolerance. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other 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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Balloon Payment TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains a Balloon Payment. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other 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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Interest Rate Change After Closing TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the Interest Rate can change. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Principal and Interest Change After Closing TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the Principal and Interest Payment can change. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Product TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Product that does not match the actual product for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd ARM Note
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other Provide the following: Letter of Explanation and Corrected CD C B C B C B A A Non QM Non QM Yes
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total of Payments that does not match the actual total of payments for the loan. [REDACTED] Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other 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
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Note is Fixed Rate.     Reviewer Comment (2018-10-30): Rec'd interest only note.
 10/30/2018     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Compliance Federal Compliance ARM Disclosure Status TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower.               2 B   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         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.               2 B   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
204471213 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing Irregular Transactions TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Changed from fixed to ARM     Reviewer Comment (2018-12-05): [REDACTED] received [REDACTED] CD.  Exception did not change the violation of an APR change without sufficient timing for closing.


Reviewer Comment (2018-11-09): File is missing the [REDACTED] CD.  We have Initial CD of [REDACTED] and Final CD of [REDACTED].  Please provide [REDACTED] CD.


Buyer Comment (2018-11-08): the program was changed from a fixed rate to a [REDACTED] I/O on [REDACTED], with a revised CD showing this change on [REDACTED].  The closing package was then sent [REDACTED]; which was 3 days after the revised CD was provided
       2 B   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
204895502 [REDACTED]         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 (2019-02-26): Secondary Valuation product provided as required.
 02/26/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
204895502 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___       Reviewer Comment (2018-11-06): Received updated Binder


Reviewer Comment (2018-10-31): Received renewal document but no evidence renewal was paid. Closing Disclosure indicates that it was POC, but no paid receipt found in file.
 11/06/2018     1 A   CA Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
204895502 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Loan file is missing Rent Comparison from Appraisal and leases for subject property.     Reviewer Comment (2018-11-06): Recalculated rental income
 11/06/2018     1 A   CA Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
204988496 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-10-25): Received CDA
 10/25/2019     1 A   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Fin[REDACTED]) Disclosed TIP 129.54300% > Calculated TIP 127.34400%.  Used Index Value = 2.844% (2.84394%) for testing.             2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
204988496 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) Final Closing Disclosure does not reflect a Lender credit for $25.00 0% and $1,781.50 10% tolerances.     Reviewer Comment (2018-11-13): Received Attestation letter
 11/13/2018     1 A   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
204988496 [REDACTED]         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 $2,122.50 exceeds tolerance of $310.00 plus 10% or $341.00.  Insufficient or no cure was provided to the borrower. (0) $310.00 Recording fee disclosed on Loan Estimates, Initial and Revised Closing Disclosures.  $[REDACTED] Recording fee disclosed on Final Closing Disclosure. Total amount of $[REDACTED] exceeds tolerance of $[REDACTED]. Final Closing Disclosure does not reflect a Lender credit for $[REDACTED]10% tolerance.     Reviewer Comment (2018-11-13): Received Change of Circumstance dated [REDACTED]


Seller Comment (2018-11-09): Uploaded COC
 11/13/2018     1 A   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 D B D B C B C A Non QM Non QM Yes
204988496 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   Missing Deeds / Warranty / Grant / Quit-Claim from [REDACTED] Limited Liability Company to [REDACTED] and [REDACTED] on refinance loan transaction     Reviewer Comment (2018-11-13): Rec'd deed.


Seller Comment (2018-11-09): Uploaded deed
 11/13/2018     1 A   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing verification of annual hazard insurance, property taxes and HOA for[REDACTED] investment property, verifying $450.00 maximum monthly hazard/taxes/HOA amount stated per final 1003.     Reviewer Comment (2018-11-30): NO HOA for property.


Reviewer Comment (2018-11-28): Rec'd evidence of hazard and taxes.  Still missing HOA.  DTI  increased to 55.01%.


Seller Comment (2018-11-28): Uploaded tax results and HOI on [REDACTED]. Monthly payment is a little higher, but DTI should still be ok.
 11/30/2018     1 A   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         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. (77219) $25.00 Title - Digital Storage fee not disclosed on Loan Estimate dated but disclosed on Final Closing Disclosure.  Valid Change of Circumstance not provided.  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 $25.00 0% tolerance.     Reviewer Comment (2018-11-13): Received Attestation letter


Seller Comment (2018-11-09): Uploaded Attstn Ltr
 11/13/2018     1 A   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 D B D B C B C A Non QM Non QM Yes
204988496 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. 0.69 months < 4 months [REDACTED] program.  Lender's Credit Risk Summary & Exception Approval in file for reserve requirements not met.   Compensating factors: DTI and LTV 28.78% DTI on this Full documentation loan < 55% guideline max

70% LTV < 80% maximum		 Originator

Originator		 Reviewer Comment (2018-11-05): 0.69 months < 4 months Portfolio Select program.  Lender's Credit Risk Summary & Exception Approval in file for reserve requirements not met.   Compensating factors: DTI and LTV
     11/05/2018 2 B   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [REDACTED] Missing third party verification, [REDACTED] YTD P&L, [REDACTED] 1120S and 2017 K-1 for [REDACTED] to support $[REDACTED] monthly income used to qualify.  Loan file contains only[REDACTED] K-1's. 28.78% DTI on this Full documentation loan < 55% guideline max

70% LTV < 80% maximum		 Originator

Originator		 Reviewer Comment (2019-02-14): Received CRE [REDACTED]


Reviewer Comment (2018-12-10): Received approval to waive third party verification and P&L. But still need [REDACTED], [REDACTED]1120S and [REDACTED].


Seller Comment (2018-12-10): Uploaded CRE


Reviewer Comment (2018-11-13): Rec'd 1040s and personal tax return extension.  Still missing third party verification, [REDACTED], [REDACTED], [REDACTED]1120S, [REDACTED].


Seller Comment (2018-11-09): Please use tax returns. See page 32 for [REDACTED].
     02/14/2019 2 B   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         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 Income Documentation     Reviewer Comment (2019-02-14): Removed Positive income for Construction business, income not required to qualify


Reviewer Comment (2018-11-13): Missing business income documentation.


Seller Comment (2018-11-09): Uploaded data tape
 02/14/2019     1 A   FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status D B D B C B C A Non QM Non QM Yes
204988496 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - S-Corp Ability to Repay (Dodd-Frank 2014): Unable to verify S-Corp income using reasonably reliable third-party records. ([REDACTED]) Missing third party verification, [REDACTED] YTD P&L, [REDACTED] 1120S and[REDACTED] K-1 for [REDACTED] to support $[REDACTED] monthly income used to qualify.  Loan file contains only [REDACTED] K-1's.     Reviewer Comment (2019-02-14): Removed Positive income for Construction business, income not required to qualify


Reviewer Comment (2018-12-10): Received approval to waive third party verification and P&L. But still need [REDACTED], [REDACTED]1120S and [REDACTED].


Seller Comment (2018-12-10): Uploaded CRE


Reviewer Comment (2018-11-13): Missing business income documentation.


Seller Comment (2018-11-09): Uploaded 2 years tax returns. Page 32 has [REDACTED]. Years [REDACTED] were used.
 02/14/2019     1 A   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing Income Documentation     Reviewer Comment (2019-02-14): Removed Positive income for Construction business, income not required to qualify
 02/14/2019     1 A   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
204988496 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Exception approval not provided 28.78% DTI on this Full documentation loan < 55% guideline max

70% LTV < 80% maximum		 Originator

Originator		 Reviewer Comment (2018-11-12): Rec'd exception.  DTI > max allowed.


Seller Comment (2018-11-09): Uploaded CRE
     11/12/2018 2 B   FL Primary Refinance - Cash-out - Other   D B D B C B C A Non QM Non QM No
205080031 [REDACTED]         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.         Reviewer Comment (2018-12-13): Received [REDACTED] Post Disaster Inspection dated [REDACTED].
 12/13/2018     1 A   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205080031 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Credit Risk Summary & Exception Approval / Loan Exception History in File, D0002. UW Exceptions issued for: Loan amount approved allowing for borrower to exceed program max cash out. Compensating Factors cited: 1) Credit History and 2) Residual Income Guideline variance approved by lender at time of origination Originator Pre-Close Reviewer Comment (2018-11-15): Credit Risk Summary & Exception approval D02
     11/15/2018 2 B   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205080031 [REDACTED]         Credit Property - Appraisal Property Eligibility - Site and Utilities Subject property has environmental problems noted by appraiser or visible in the photos Valuation Type: Appraisal / Valuation Report Date: [REDACTED] Appraiser commented the property does not have CO or smoke detectors at the time of inspection     Reviewer Comment (2019-09-12): Updated with input


Reviewer Comment (2019-01-23): Received copy of photos showing smoke detectors, no evidence this is on the subject property, photos came via email from Broker.
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205080072 [REDACTED]         Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.         Reviewer Comment (2019-02-12): Rec'd PDI dated x/x/xx.  No damage noted.
 02/12/2019     1 A   SC Investment Purchase   C A C A     C A     No
205080072 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-02-26): Secondary Valuation product provided as required.
 02/26/2019     1 A   SC Investment Purchase   C A C A     C A     No
205110932 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date REDACTED LE issued [REDACTED]as not signed by borrower and assumed to have been received after date of initial CD provided [REDACTED]             2 B   GA Primary Purchase No Defined Cure C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits REDACTED Fees exceed zero tolerance and no cure was provided.     Reviewer Comment (2018-11-21): Received Attestation letter
 11/21/2018     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205110932 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided REDACTED Wire Fee exceeds zero tolerance by $X and no cure was provided.     Reviewer Comment (2018-11-21): Received Attestation letter
 11/21/2018     1 A   GA 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
205110932 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided REDACTED Examination Fee exceeds zero tolerance by $X and no cure was provided.     Reviewer Comment (2018-11-21): Received Attestation letter
 11/21/2018     1 A   GA 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
205110932 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Title commitment reflects loan policy $ [REDACTED] . Note amount $ [REDACTED] .     Reviewer Comment (2018-11-21): Received Final Title (Short Form)
 11/21/2018     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2018-11-21): Received Final Title (Short Form)
 11/21/2018     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Asset Asset Documentation Missing Document: Gift Letter not provided   Final CD reflects Agent Credit ( [REDACTED] ) in the amount of $ [REDACTED] . Executed gift letter was not provided.     Reviewer Comment (2018-11-28): Authorization letter rec'd.  Gift letter not required.
 11/28/2018     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided   Sanitation Tax verification not provided.     Reviewer Comment (2018-11-28): Sanitation taxes reflected on Schedule B-X of the title commitment.


Buyer Comment (2018-11-27): please see page X


Reviewer Comment (2018-11-27): Sanitation tax is not on the Tax Record Information Sheet in the file


Buyer Comment (2018-11-27): We do not have an actual bill only the information provided from title is all we have which is what you have in file.
 11/28/2018     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: (REDACTED) ___ Confirmation of borrower's ownership % was not provided. $XX,XXX.XX residual income > $[Redacted] minimum residual required.

XXX representative FICO score > XXX guideline minimum - XXX points above guideline minimum

Borrower has job stability for X+ years (REDACTED)

No derogatory credit since [Redacted]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2018-11-30): Received Credit Risk Summary & Exception Approval. Client waives proof of XXX% ownership of business on a business bank statement loan. Compensating Factors: X) Credit Score. X) Credit History. X) Residual Income. X) Stable Employment History.


Reviewer Comment (2018-11-28): Rec'd (redacted).  Percentage of borrower's ownership is not addressed.
     11/30/2018 2 B   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Rent free not allowed. Lender exception with compensating factors was provided. $XX,XXX.XX residual income > $[Redacted] minimum residual required.

XXX representative FICO score > XXX guideline minimum - XXX points above guideline minimum

Borrower has job stability for X+ years (REDACTED)

No derogatory credit since [Redacted]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2018-11-19): Credit Risk Summary & Exception approval DX
     11/19/2018 2 B   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   A written explanation regarding credit inquiries was not provided.     Reviewer Comment (2018-11-28): Rec'd signed LOE.
 11/28/2018     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-30): CU Score of 1.0
 10/30/2019     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205110932 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing secondary appraisal product required based on loan amount per guidelines $XX,XXX.XX residual income > $[Redacted] minimum residual required.

XXX representative FICO score > XXX guideline minimum - XXX points above guideline minimum

Borrower has job stability for X+ years (REDACTED)

No derogatory credit since [Redacted]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-11-01): Exception approval provided
     11/01/2019 2 B   GA Primary Purchase   C B C B C B C A Non QM Non QM No
205165797 [REDACTED]         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.   Property Inspection after disaster date is not evident.     Reviewer Comment (2019-01-28): See updated exception
 01/28/2019     1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
205165797 [REDACTED]         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[REDACTED]) Per Final CD reflects Seller paid fees $[Redacted]     Reviewer Comment (2018-11-18): Letter from (redacted) along with Post Close CD is evident.
   11/18/2018   1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B A A A Non QM Non QM Yes
205165797 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Report comparison dated within 10 days of closing is not evident. Borrower on this [Redacted] documentation loan has a disposable income of $[Redacted] Originator Reviewer Comment (2019-01-28): Received Credit Risk Summary & Exception Approval. File does not contain GAP. Compensating Factors: x) Payment Shock. x) Residual Income.
     01/28/2019 2 B   CA Primary Purchase   C B C B B A A A Non QM Non QM No
205165797 [REDACTED]         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 $[Redacted] exceeds tolerance of $[Redacted].  Sufficient or excess cure was provided to the borrower at Closing. (7506) Fee disclosed as $[Redacted] on LE, but disclosed as $[Redacted]on Final Closing Disclosure. Tolerance Cure provided at closing.         11/18/2018   1 A   CA Primary Purchase Final CD evidences Cure C B C B B A A A Non QM Non QM Yes
205165797 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [Redacted] ___ Verification of Business within 10 days of closing is not evident.     Reviewer Comment (2019-04-18): Rec'd, meets guidelines.


Reviewer Comment (2019-04-18): To clear.


Reviewer Comment (2019-01-28): Received Credit Risk Summary & Exception Approval. Income - Third party Verification after closing. Compensating Factors: x) Payment Shock. x) Residual Income.
 04/18/2019     1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
205165797 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Loan file does not contain the loan underwriters approval     Reviewer Comment (2019-01-29): Rec'd loan approval.
 01/29/2019     1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
205165797 [REDACTED]         Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   updated exception     Reviewer Comment (2019-06-10): Post Disaster Inspection dated x/x/xxxx provided
 06/10/2019     1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
205226600 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [REDACTED] did not disclose the required  Broker  Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Fin[REDACTED]) This field was left blank.     Reviewer Comment (2018-12-18): AMC received LOE. Exception Cured.


Reviewer Comment (2018-12-14): AMC received PCCD correcting broker contact information. Please provide LOE to cure.


Buyer Comment (2018-12-13): Uploaded CD with Broker's ID
   12/18/2018   2 B   FL Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205226600 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   49.977 < 55% maximum DTI

66.395 < 70% maximum LTV		 Originator

Originator		 Reviewer Comment (2018-12-12): Received Credit Risk Summary & Exception Approval. Credit Score < program requirements. Compensating Factors: 1) DTI. 2) LTV. 3) Payment Shock.


Buyer Comment (2018-12-12): Uploaded CRE
     12/12/2018 2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-02-26): Secondary Valuation product provided as required.
 02/26/2019     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2018-12-13): Received Final Title
 12/13/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The HOI policy states only 100% replacement coverage for $[REDACTED].  The file did not include a replacement cost estimator.     Reviewer Comment (2019-09-23): Lender/borrower update the coverage to meed the RCE and is now sufficient


Reviewer Comment (2019-01-10): Received HO Wind Only. Still need hazard insurance showing sufficient coverage.


Buyer Comment (2019-01-10): Please review HOI


Reviewer Comment (2018-12-18): Received HOI effective after closing (excluding wind coverage) and a quote for wind coverage. Also, included Replacement Cost Estimator showing [REDACTED], so now short $13,078.81 coverage.


Buyer Comment (2018-12-18): Uploaded updated HOI and RCE policy


Reviewer Comment (2018-12-17): Received "HO Wind Only" insurance


Buyer Comment (2018-12-13): Uploaded HOI and RCE
 09/23/2019     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   The loan amount increased post commitment and a revised commitment was not in the file.     Reviewer Comment (2018-12-13): Received Final Title


Buyer Comment (2018-12-13): Uploaded title policy with correct coverage
 12/13/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Purpose Test TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Purpose that does not match the actual purpose for the loan. (Fin[REDACTED]) Final CD marked the Purpose of the loan as Home Equity.             2 B   FL Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205226600 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Missing Evidence of Rental income, Lease, and evidence of receipt for 12 months separate from current Business Bank Statements     Reviewer Comment (2018-12-12): Received 3 leases for rental property


Buyer Comment (2018-12-12): Uploaded lease agreements
 12/12/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         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     Reviewer Comment (2018-12-14): Updated with receipt of Leases


Reviewer Comment (2018-12-13): Not a clear


Reviewer Comment (2018-12-12): Received leases for investment property
 12/14/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation Lender to provide updated ATR/QM Loan Designation C B C B C B C A Non QM Non QM Yes
205226600 [REDACTED]         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 69.76618% significantly exceeds the guideline maximum of 55.00%.  (DTI Exception cannot be compensated to a lower grade.) DTI     Reviewer Comment (2018-12-14): Updated with receipt of Leases


Reviewer Comment (2018-12-13): Not a waive/clear


Reviewer Comment (2018-12-12): Received leases for investment property
 12/14/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Occupancy discrepancy. Property occupancy of ___ does not match Guideline property occupancy of ___. 1-4 Family Rider - Assignment of rents for subject property that shows as SFR on 1004 49.977 < 55% maximum DTI

66.395 < 70% maximum LTV		 Originator

Originator		 Reviewer Comment (2018-12-12): Received Credit Risk Summary & Exception Approval. Property occupancy. Compensating Factors: 1) DTI. 2) LTV. 3) Payment Shock.


Buyer Comment (2018-12-12): Uploaded CRE


Buyer Comment (2018-12-12): Uploaded [REDACTED] that shows business is at rental property
     12/12/2018 2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank Statement: Account requirements Not met, Co-Owner of account not on loan.  Compensating factor per lender are credit history and LTV. Guideline variance approved by lender at time of origination Originator Pre-Close Reviewer Comment (2018-11-29): Credit Risk Summary & Exception approval D01
     11/29/2018 2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226600 [REDACTED]         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     Reviewer Comment (2018-12-14): Updated with receipt of Leases


Reviewer Comment (2018-12-13): Not a clear


Reviewer Comment (2018-12-12): Received leases for investment property
 12/14/2018     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
205226686 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-02-12): Received corrected xxxx


Reviewer Comment (2019-02-07): Rec'd corrected initial xxxx, please provide corrected final xxxx.
 02/12/2019     1 A   MN Investment Purchase   C A C A     C A     No
205226686 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-02-26): Secondary Valuation product provided as required.
 02/26/2019     1 A   MN Investment Purchase   C A C A     C A     No
205344371 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed         Reviewer Comment (2019-01-09): Final Title Policy (pdf) provided.   Title is vested in:  [Redacted] .  Mortgagor:  [Redacted]  and  [Redacted]  (signing Mortgage to release her dower interest.
 01/09/2019     1 A   OH Primary Purchase   C B C A B B A A Non QM Non QM No
205344371 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-01-09): Final Title Policy (pdf) provided.   Title is vested in:  [Redacted] .  Mortgagor:  [Redacted]  and  [Redacted]  (signing Mortgage to release her dower interest.
 01/09/2019     1 A   OH Primary Purchase   C B C A B B A A Non QM Non QM No
205344371 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   OH Primary Purchase   C B C A B B A A Non QM Non QM No
205344371 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED]d not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) The number of months was left blank             2 B   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
205344385 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Manner of title vesting is blank.         Reviewer Comment (2018-12-21): (REDACTED) received final title policy.
 12/21/2018     1 A   AZ Primary Purchase   C B C A C B A A Non QM Non QM No
205344385 [REDACTED]         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 (2019-07-01): Rec'd CDA.
 07/01/2019     1 A   AZ Primary Purchase   C B C A C B A A Non QM Non QM No
205344385 [REDACTED]         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 $ [Redacted] on Final Closing Disclosure provided on [REDACTED]t accurate. (Fin[REDACTED])       Reviewer Comment (2018-12-21): (REDACTED) received Letter of Explanation & Corrected Closing Disclosure
   12/21/2018   2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
205344385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED]sclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/639972) Tax monthly payment disclosed $ [Redacted]  , calculated value $ [Redacted].     Reviewer Comment (2018-12-26): per review the escrow amounts on the projected payments table match the amounts on the IEADS, then any related exception that result from the escrow amount on the projected payments table can be cleared (CHD-10209)


Reviewer Comment (2018-12-21): (REDACTED) received Letter of Explanation & Corrected Closing Disclosure.  Need copy of refund check and proof of delivery.
 12/26/2018     1 A   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
205344385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED]sclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. (ProjSeq:2/639973) Tax monthly payment disclosed $ [Redacted]  , calculated value $ [Redacted].     Reviewer Comment (2018-12-26): per review the escrow amounts on the projected payments table match the amounts on the IEADS, then any related exception that result from the escrow amount on the projected payments table can be cleared (CHD-10209)
 12/26/2018     1 A   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
205344385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED]sclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. (ProjSeq:3/639974) Tax monthly payment disclosed $ [Redacted]  , calculated value $ [Redacted].     Reviewer Comment (2018-12-26): per review the escrow amounts on the projected payments table match the amounts on the IEADS, then any related exception that result from the escrow amount on the projected payments table can be cleared (CHD-10209)
 12/26/2018     1 A   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
205344385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED]sclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. (ProjSeq:4/639975) Tax monthly payment disclosed $ [Redacted]  , calculated value $ [Redacted].     Reviewer Comment (2018-12-26): per review the escrow amounts on the projected payments table match the amounts on the IEADS, then any related exception that result from the escrow amount on the projected payments table can be cleared (CHD-10209)
 12/26/2018     1 A   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
205344385 [REDACTED]         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 [REDACTED]sclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/639972) Tax monthly payment disclosed $ [Redacted]  , calculated value $ [Redacted].     Reviewer Comment (2018-12-26): per review the escrow amounts on the projected payments table match the amounts on the IEADS, then any related exception that result from the escrow amount on the projected payments table can be cleared (CHD-10209)
 12/26/2018     1 A   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
205344385 [REDACTED]         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 $465.00.  Sufficient or excess cure was provided to the borrower at Closing. (7506)           12/17/2018   1 A   AZ Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
205344386 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-01-02): Received


Buyer Comment (2019-01-02): Uploaded sec instrument
 01/02/2019     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
205344386 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
205344386 [REDACTED]         Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.         Reviewer Comment (2019-09-03): received PDI
 09/03/2019     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
205344386 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]/2018) Total tolerance violations of $150.00 were not cured on the Closing CD     Reviewer Comment (2019-01-04): Fee paid to borrower chosen provider in Section C
 01/04/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C A A A Non QM Non QM Yes
205344386 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (77201) LE issued  [REDACTED]   did not disclosed, a storage fee, however, on the file CD a Warehouse/Storage fee of $150.00 was disclosed to the borrower without a cure.     Reviewer Comment (2019-01-04): Fee paid to borrower chosen provider in Section C


Buyer Comment (2019-01-04): Per compliance: The borrower shopped for a title company so we shouldn't be held to a tolerance on this fee. Check request declined.
 01/04/2019     1 A   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 A A A Non QM Non QM Yes
205344386 [REDACTED]         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. (Initi[REDACTED] [REDACTED] ) Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.     Reviewer Comment (2019-01-02): Received CD dated [REDACTED]


Buyer Comment (2019-01-02): Uploaded disclosure tracking
 01/02/2019     1 A   CA Primary Purchase No Defined Cure D B D B C A A A Non QM Non QM No
205344386 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.   Credit Risk Summary & Exception Approval in file. Payment Shock Exceeds maximum allowed by program guidelines. Compensating Factors: 1) Credit Score. ) LTV. 3) Residual Income. 4) Stable Employment History. 711 representative FICO score > 660 guideline minimum

80% LTV < 90% guideline max

Borrower on this Bank Statement documentation loan has a disposable income of $15,755.76

Borrower has job stability for 19 years as [REDACTED]		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-01-02): Compensating Factors: 1) Credit Score. ) LTV. 3) Residual Income. 4) Stable Employment History.
     01/02/2019 2 B   CA Primary Purchase   D B D B C A A A Non QM Non QM No
205344395 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] not disclose number of months for City Property Tax under Prepaids. (Fin[REDACTED]) This was not provided on the final Cd             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
205344395 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
205344395 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue:  Ineligible borrower   Guideline 16.4 Program Restrictions: Non-permanent resident aliens and foreign nationals are not eligible. $6,196 residual income Aggregator Reviewer Comment (2018-12-21): Rec'd exception for ineligible borrower type.
     12/21/2018 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Bankruptcy Documents not provided         Reviewer Comment (2018-12-24): Received
 12/24/2018     1 A   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         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 (2019-09-03): received CDA


Reviewer Comment (2018-12-19): Secondary valuations prior to securitization is a Rating Agency requirement. Client to accept.


Buyer Comment (2018-12-18): Note: TD uploaded; there is no need for a 2nd Valuation as this was as Non Cash out Refi
 09/03/2019     1 A   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Transaction Error: Outstanding liens were not paid at closing. Date Issued: [REDACTED] / Relative Sequence Num: <empty> Final CD does not reflect Mortgage paid off at closing.     Reviewer Comment (2018-12-28): Rec'd LOE, corrected CD and evidence of emailing.


Reviewer Comment (2018-12-26): Received a credit exception approval for payoff missing from CD; this is not TRID compliant and cannot be waived.


Reviewer Comment (2018-12-19): Rec'd copy of closing statement.  Final CD does not reflect Mortgage paid off at closing.
 12/28/2018     1 A   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 8.93080% or Final Disclosure APR of 8.93400% is in excess of allowable threshold of USTreasury 3.3400% + 3%, or 6.34000%.  Compliant Subprime Loan.               2 B   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         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 [REDACTED] 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. (Fin[REDACTED] [REDACTED] ) The  Final CD did not included the Payoff of the  mortgage     Reviewer Comment (2018-12-28): Rec'd LOE, corrected CD and evidence of emailing.
   12/28/2018   2 B   MN Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
205344397 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserves does not meet 3 month requirement and exception approval is not evident. Negative payment shock.

More than $4,000 disposable income

30% DTI < 55% max.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-12-19): Rec'd exception.  Reserve requirement not met.  Bankruptcy not discharged 12 months from the note date.


Buyer Comment (2018-12-18): TD uploaded should clear reserves with CRE
     12/19/2018 2 B   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Credit Credit Credit Eligibility Guideline Issue: Bankruptcy timeline outside of credit guidelines   CH 7 BK discharged [REDACTED]  and per guidelines discharge date must be 12 months from Note date. Seasoning requirements may be excluded if property is excluded from the bankruptcy. Missing BK documents to verify and no exception approval provided. More than $4,000 disposable income

30% DTI < 55% max.		 Aggregator

Aggregator		 Reviewer Comment (2018-12-19): Rec'd exception.  Reserve requirement not met.  Bankruptcy not discharged 12 months from the note date.
     12/19/2018 2 B   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Compliance Compliance State Compliance Minnesota Tangible Net Benefit Test Minnesota Residential Mortgage Originator and Servicer Licensing Act: Mortgage loan does not provide a tangible net benefit to the borrower. Net Tangible benefit test failed and reason for refinance is not evident.             2 B   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344397 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2018-12-28): DUPLICATE


Buyer Comment (2018-12-28): Note: Please down grade to a 2; as this is a duplicate exception--see above. As this is needed at securitization not before.
 12/28/2018     1 A   MN Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
205344407 [REDACTED]         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 (2019-07-01): Rec'd CDA
 07/01/2019     1 A   IN Primary Purchase   C A C A A A A A Non QM Non QM No
205344408 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-07-02): CDA provided
 07/02/2019     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
205344427 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-07-02): Rec'd CDA
 07/02/2019     1 A   AZ Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
205344427 [REDACTED]         Credit Guideline Guideline Issue Ineligible property type. ___ Rate and Term refinance approval secured by investment property.  Property was listed for sale [REDACTED] within the past 6 months of [REDACTED]te date.  Listing cancelled[REDACTED]Requirement to occupy subject property not met as required per  [Redacted] Property Listing History guidelines.  Lender's exception approval for exception is not in file. 30% DTI < 55% maximum

$28,100 residual income.		 Aggregator

Aggregator		 Reviewer Comment (2018-12-21): Rec'd exception for ineligible property type.
     12/21/2018 2 B   AZ Investment Refinance - Rate/Term   C B C B A A A A N/A N/A No
205344441 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   First-Time Home Buyers are allowed with a twelve (12) month residential pay history verified by cancelled checks. The rent checks are not cancelled checks.  The file contains copies of the front of the check.  Provide proof the rent has been paid by providing cancelled checks. 779 representative FICO score > 660 guideline minimum

10.302% DTI on this Bank Statement documentation loan < 55% guideline max

16.7 months reserves > 4 months guideline minimum - borrowers have verified reserves of $23,635.70

$16,268.71 Residual Income using Bank Statement income documentation

Borrower has job stability for 8 years as [REDACTED]		 Originator

Originator

Originator

Originator

Originator		 Reviewer Comment (2018-12-31): Received Credit Risk Summary & Exception Approval. Housing history requirements not met. Compensating Factors: 1) Credit Score. 2) DTI. 3) Reserves. 4) Residual Income. 5) Stable Employment History.


Buyer Comment (2018-12-31): CRE uploaded should clear this exception
     12/31/2018 2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   A written explanation is required for all inquiries within 90-days of the date of the credit report. A signed statement from the borrower verifying whether additional credit was obtained is required.  The [REDACTED] letter regarding the inquires on [REDACTED] has not been signed by the borrowers. 779 representative FICO score > 660 guideline minimum

10.302% DTI on this Bank Statement documentation loan < 55% guideline max

16.7 months reserves > 4 months guideline minimum - borrowers have verified reserves of $23,635.70

$16,268.71 Residual Income using Bank Statement income documentation

Borrower has job stability for 8 years as [REDACTED]		 Originator

Originator

Originator

Originator

Originator		 Reviewer Comment (2018-12-31): Received Credit Risk Summary & Exception Approval. Credit inquiry LOE not signed. Compensating Factors: 1) Credit Score. 2) DTI. 3) Reserves. 4) Residual Income. 5) Stable Employment History.
     12/31/2018 2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold)       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.26914% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $[REDACTED] on a Federal Total Loan Amount of $[REDACTED] vs. an allowable total of [REDACTED] (an overage of [REDACTED]).  Non-Compliant High Cost Loan.       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         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.       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. (Fin[REDACTED])       Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         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 $[REDACTED] disclosed on the Final Closing Disclosure dated [REDACTED] is inaccurate by more than $100 compared to the Total of Payments calculated based on fees disclosed on the Post Closing Disclosure of $[REDACTED]  provided on [REDACTED], a difference of $[REDACTED]. (Post-Clo[REDACTED]) Borrower paid charges in Sections C and H increased on the Post Closing Disclosure causing the Total of Payments on the Final CD dated [REDACTED]o be under disclosed. Remediation includes Letter of Explanation, Refund check for under disclosed equivalent amount, Reopened Rescission (if applicable), updated CD and proof of delivery.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         Compliance Compliance Federal Compliance RESPA  -  Initial Escrow Account Statement Not Provided Timely RESPA: Initial escrow account statement was not provided to the borrower at closing. The loan closed on [REDACTED] per the notary date on the Security Instrument.  The initial escrow account statement is dated [REDACTED].             2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/645845) The [REDACTED] unsigned final borrower CD does not disclose the hazard insurance payments and has the incorrect payment for the property taxes.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   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 C A Non QM Non QM Yes
205344441 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/645845) The [REDACTED] unsigned final borrower CD does not disclose the hazard insurance payments and has the incorrect payment for the property taxes.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   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 C A Non QM Non QM Yes
205344441 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. (Fin[REDACTED]) The final [REDACTED] unsigned final borrower CD on file discloses a Pad fee.  The actual borrower signed final CD is missing.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]


Buyer Comment (2018-12-31): Plz see the Final CD signed at closing dated [REDACTED] as the PAD fee is not on CD nor is ot on the CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) The actual borrower signed final CD dated [REDACTED] is missing.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. (Fin[REDACTED]) The final Seller CD is missing.     Reviewer Comment (2018-12-31): Received CD dated [REDACTED]
 12/31/2018     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         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 $[REDACTED]exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. (7200) The borrower product changed from an ARM product to a fixed product on [REDACTED] per the
Loan Estimate re-issued on [REDACTED].  The Change in Circumstance is missing.		     Reviewer Comment (2019-01-10): Updated based on documentation showing changed from ARM to Fixed


Buyer Comment (2019-01-10): Again, I sent proof that the Bwr was notified of the change on the information uploaded. We don't have a COC, but again Bwr knew plz re-review


Reviewer Comment (2019-01-09): The loan discount fee increased on [REDACTED], and no Changed circumstance was provided.  Please provide documentation of change, or  a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD in order to address the exception.


Reviewer Comment (2018-12-31): Change of Circumstance document not provided
 01/10/2019     1 A   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 C A Non QM Non QM Yes
205344441 [REDACTED]         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 (2019-07-03): CDA provided
 07/03/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2018-12-31): DUPLICATE
 12/31/2018     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
205344441 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. (Fin[REDACTED]) New exception upon receipt of CD dated [REDACTED]             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) (Fin[REDACTED]) New exception upon receipt of CD dated [REDACTED]     Reviewer Comment (2018-12-31): Cured by PCCD in file dated [REDACTED]
   12/31/2018   1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344441 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) New exception upon receipt of CD dated [REDACTED]     Reviewer Comment (2019-01-10): Updated based on documentation showing changed from ARM to Fixed
 01/10/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
205344453 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client to order secondary valuation at the time of securitization.     Reviewer Comment (2019-07-02): CDA provided
 07/02/2019     1 A   FL Primary Purchase   D B D B B B A A Non QM Non QM No
205344453 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) Seller paid fee,  Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
205344453 [REDACTED]         Credit Credit Credit Documentation Missing Document: Credit Report not provided   Missing credit report provided within 10 days of closing. 75% LTV < 95% maximum

$6,700 residual income

10 years on job.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2018-12-21): Rec'd exception.  Gap report dated outside 10 days of closing.
     12/21/2018 2 B   FL Primary Purchase   D B D B B B A A Non QM Non QM No
205344464 [REDACTED]         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:Seconda[REDACTED])               2 B   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         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. Provided [REDACTED].             2 B   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order a secondary valuation at the time of securitization.     Reviewer Comment (2019-07-02): CDA provided
 07/02/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title Commitment reflects vesting as [REDACTED] & V whereas Mortgage reflects [REDACTED]. Deed changing vesting is not evident in the file.     Reviewer Comment (2019-01-15): Received Quit Claim Deed


Buyer Comment (2019-01-15): See attached Quit Claim Deed removing  [REDACTED]from title. [REDACTED] is not on title only [REDACTED].


Reviewer Comment (2019-01-04): Duplicate copy of title commitment provided as trailing doc in response to exception.  Vesting per title commitment: [REDACTED] and [REDACTED].    Mortgage, Riders, RTC and Closing Disclosure were not executed by [REDACTED] (non-borrower).   Missing Deed conveying vested title/ownership from  [REDACTED] and [REDACTED] to [REDACTED] and [REDACTED], Wife and Husband.  Issue remains EV3.
 01/15/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. Disclosure is not signed by the borrower.             2 B   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         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 $5,088.49 on Final Closing Disclosure provided on [REDACTED] not accurate. (Fin[REDACTED]) Final Cd reflects Non-Escrow Property Costs for 1 year of $5088.49 however, calculated amount based on HOA fee is $5,5556.00.     Reviewer Comment (2018-12-21): [REDACTED] received PCCD correcting the non escrowed property costs over 1 year and LOE. Exception Cured.
   12/21/2018   2 B   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
205344464 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) Final CD does not reflect number of months collected for County Taxes un prepaids.             2 B   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
205344464 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Fin[REDACTED]) Final CD does not reflect Closing Costs Financed under Calculating Cash to Close table on page 3.             2 B   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
205344464 [REDACTED]         Credit Appraisal Reconciliation Value Discrepancy Desk Review was not used to calculate LTV and is lower by more than 10%.   Desk review is not evident in the file. AVM value is greater than value used.     Reviewer Comment (2019-01-04): CDA to be provided for securitization.


Reviewer Comment (2018-12-26): AVM exceeds 10%, loan amount based off appraised value, will required secondary value based off appraisal at time of Securitization
 01/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: ARM Rider was not provided.   ARM Rider attached to Mortgage is not executed by [REDACTED] (non-borrowing spouse).   Only Mortgage,, PUD Rider, RTC and Final Closing Disclosure excecuted by [REDACTED] (non-borrowing spouse)     Reviewer Comment (2019-01-07): ARM Rider dated[REDACTED] is copy of ARM Rider to ARM Note/Mortgage securing lien of record paid off at closing by [REDACTED] Fixed Rate subject loan dated [REDACTED].


Buyer Comment (2019-01-07): This one was not an ARM but only a PUD.  The PUD rider was signed by both
 01/07/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344464 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-01-04): CDA to be provided for securitization.
 01/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
205344465 [REDACTED]         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 (2019-07-01): Rec'd CDA
 07/01/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205344465 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date.   Master policy expres [REDACTED]d H06 (unit owners) policy expires [REDACTED].     Reviewer Comment (2018-12-21): Rec'd updated policy.
 12/21/2018     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205344465 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [Redacted] ___ CPA letter confirming borrower's percentage of ownership of business not found in uploaded documents.     Reviewer Comment (2018-12-21): Rec'd operating agreement and Gift of LLC interest.  Borrower is 100% owner.
 12/21/2018     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205344465 [REDACTED]         Credit Credit Credit Eligibility Credit Report Error: Housing history rating was not provided.   Credit Risk Summary & Exception Approval in file. Housing history (mortgage/rent) requirements not met. Compensating Factors: 1) Credit Score. 2) DTI. 3) LTV. 4) Residual Income. 761 representative FICO score > 700 guideline minimum

44.21% LTV < 80% guideline max

Borrower on this Bank Statement documentation loan has a disposable income of $5,657.63		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2018-12-19): Compensating Factors: 1) Credit Score. 2) DTI. 3) LTV. 4) Residual Income.
     12/19/2018 2 B   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205344465 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Unsourced Large deposits also excluded from [Redacted]income. These appear to be from sales of properties, but no HUD-1's provided.     Reviewer Comment (2018-12-21): Rec'd LOE regarding large deposits.
 12/21/2018     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205344471 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order a secondary valuation at the time of securitization.     Reviewer Comment (2019-07-01): Rec'd CDA
 07/01/2019     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Higher Priced QM No
205344471 [REDACTED]         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. Does not meet Safe Harbor.     Reviewer Comment (2019-01-02): Received amended data tape


Reviewer Comment (2018-12-31): Per email, re-opened exception


Reviewer Comment (2018-12-24): Received tape with lender restate loan designation
 01/02/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Higher Priced QM Yes
205344471 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) CD did not disclose the number of months for property taxes             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Higher Priced QM Yes
205344471 [REDACTED]         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) Lender cure was $175 accommodating the amount exceeding the tolerance limit         12/19/2018   1 A   FL Primary Purchase Final CD evidences Cure C B C A C B A A Safe Harbor QM Higher Priced QM Yes
205344471 [REDACTED]         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. Received tape with lender restate loan designation     Reviewer Comment (2018-12-31): Updated with Re-run
 12/31/2018     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Higher Priced QM No
205344471 [REDACTED]         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. Received amended data tape             2 B   FL Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Higher Priced QM No
205344487 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-09-03): Received CDA
 09/03/2019     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
205344492 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure [REDACTED] 12:00:00 AM was received. (Initi[REDACTED]/)               2 B   NH Primary Refinance - Cash-out - Other No Defined Cure C B C A B B A A Non QM Non QM No
205344492 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Demand Feature TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains a Demand Feature. (Fin[REDACTED]/ [REDACTED] ) No box was checked for this section on the Final CD.             2 B   NH Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
205344492 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order a secondary valuation at the time of securitization.     Reviewer Comment (2019-09-03): received CDA
 09/03/2019     1 A   NH Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
205344507 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy AVM used as supporting valuation. Valuation Type: AVM / Valuation Report Date: [REDACTED]       Reviewer Comment (2019-02-21): Received CDA
 02/21/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
205344507 [REDACTED]         Credit Appraisal Reconciliation Value Discrepancy Desk Review was not used to calculate LTV and is lower by more than 10%.         Reviewer Comment (2019-07-01): Rec'd CDA supporting the appraised value.


Reviewer Comment (2019-01-14): This will clear upon receipt of CDA
 07/01/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
205344507 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and the Appraisal is not supported within 10% by secondary or third party product.         Reviewer Comment (2019-07-01): Rec'd CDA supporting the appraised value.


Buyer Comment (2019-06-30): The CDA reflects no variance.Why does it not clear this exception?
 07/01/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
205344507 [REDACTED]         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 (2019-02-21): Received desk review
 02/21/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
205344507 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED]d not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) Number of months for property taxes under Prepaids was not completed.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
205344507 [REDACTED]         Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   Title - Endorsements and Title - Lender's Title Insurance was paid to a vendor listed on the SSPL and disclosed in Section C.  These fees should be disclosed in Section B.             2 B   FL Primary Purchase Good Faith Redisclosure C B C A B B C A Non QM Non QM Yes
205344507 [REDACTED]         Compliance Compliance Federal Compliance High Cost Indicator Test Loan does not exceed any high cost thresholds, however, documentation indicating loan was originated as a high cost loan found in file.               2 B   FL Primary Purchase   C B C A B B C A Non QM Non QM No
205344507 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED]ceived on or after the date the Closing Disclosure [REDACTED]:00:00 AM was received. (Inter[REDACTED]) : Revised Loan Estimate [REDACTED]ceived on or after the date the Closing Disclosure [REDACTED]:00:00 AM was received. (Inter[REDACTED])             2 B   FL Primary Purchase No Defined Cure C B C A B B C A Non QM Non QM No
205344533 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made housing history requirements not met; borrower lives rent free and does not own a primary residence Guideline variance approved by lender at time of origination Originator Pre-Close Reviewer Comment (2018-12-26): CRE D002
     12/26/2018 2 B   PA Investment Refinance - Rate/Term   C B C B     A A     No
205344533 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-03): CDA provided
 07/03/2019     1 A   PA Investment Refinance - Rate/Term   C B C B     A A     No
205344535 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-02): CDA provided
 07/02/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     A A     No
205344535 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property - Square footage @ 1103 < 1200 required 671 FICO > 640 min.

45% LTV < 75% max.		 Aggregator

Aggregator		 Reviewer Comment (2019-01-04): Rec'd exception for square footage.
     01/04/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B     A A     No
205344542 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-01): Rec'd CDA
 07/01/2019     1 A   TX Investment Refinance - Cash-out - Other   C A C A     A A     No
205344549 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-01): Rec'd CDA
 07/01/2019     1 A   NV Investment Refinance - Cash-out - Other   C A C A     A A     No
205344551 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-01): Rec'd CDA
 07/01/2019     1 A   OR Investment Refinance - Cash-out - Other   C A C A     A A     No
205346268 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   MI Primary Purchase   C A C A A A A A Non QM Non QM No
205346275 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Signed) Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not properly executed. Document not signed by Lender     Reviewer Comment (2019-01-11): Received
 01/11/2019     1 A   RI Primary Purchase   C B C B C A A A Non QM Non QM No
205346275 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (High Cost Analysis Not In File) Rhode Island Home Loan:  Loan file did not contain record(s) documenting high-cost home loan analysis.       Reviewer Comment (2019-01-17): The loan contains a copy of the [REDACTED] Compliance report that evidences the lender evaluated the loan to determine whether the loan was a high cost loan.
 01/17/2019     1 A   RI Primary Purchase   C B C B C A A A Non QM Non QM No
205346275 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Signed) Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans Disclosure not properly executed.       Reviewer Comment (2019-01-11): Received
 01/11/2019     1 A   RI Primary Purchase   C B C B C A A A Non QM Non QM No
205346275 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) $926.25     Reviewer Comment (2019-01-08): Received Change Circumstance dated [REDACTED]
 01/08/2019     1 A   RI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
205346275 [REDACTED]         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 $[REDACTED] exceeds tolerance of [REDACTED].  Insufficient or no cure was provided to the borrower. (7200) No change in circumstance was provided for LE dated [REDACTED]     Reviewer Comment (2019-01-08): Received Change Circumstance dated [REDACTED]
 01/08/2019     1 A   RI 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
205346275 [REDACTED]         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 (2019-07-03): CDA provided
 07/03/2019     1 A   RI Primary Purchase   C B C B C A A A Non QM Non QM No
205346275 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   19.5 months reserves > 3 months guideline minimum - borrowers have verified reserves of $36,712.02

Borrower on this Full documentation loan has a disposable income of $3,996.80

Borrower has job stability for 7 years as an [REDACTED]		 Originator

Originator

Originator		 Reviewer Comment (2019-01-08): Received Credit Risk Summary & Exception Approval. Credit Score < program requirements. Compensating Factors: 1) Payment Shock. 2) Reserves. 3) Residual Income. 4) Stable Employment History.
     01/08/2019 2 B   RI Primary Purchase   C B C B C A A A Non QM Non QM No
205346280 [REDACTED]         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. (Initi[REDACTED]) Provided at closing.     Reviewer Comment (2018-12-28): (REDACTED) received Disclosure Tracking indicating the initial CD was received xx/xx/xxxxxx. Exception Cleared.


Buyer Comment (2018-12-28): Actual close date was the [Redacted]
 12/28/2018     1 A   CA Primary Refinance - Cash-out - Home Improvement No Defined Cure C A C A C A A A Non QM Non QM No
205346280 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   Client will order a secondary valuation at the time of securitization.     Reviewer Comment (2019-07-01): Rec'd CDA
 07/01/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C A C A C A A A Non QM Non QM No
205346319 [REDACTED]         Credit System General Closing Disclosure Subject Address does not match Note address. Date Issued: [REDACTED] / Relative Sequence Num: <empty> The initial closing disclosure reflected an inaccurate property address for the subject.     Reviewer Comment (2019-08-30): Final CD was correct; exception cleared.


Buyer Comment (2019-08-27): correct, but the one signed from there on had the correct address as well as the one signed at closing which I feel would be the most important.
 08/30/2019     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
205346319 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. (Fin[REDACTED]) The final closing disclosure documents 6 months for homeowner's insurance prepaids.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
205346319 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. (Fin[REDACTED]) The final closing disclosure does not document the number of months for taxes that are being prepaid.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
205346319 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Fin[REDACTED]) The final closing disclosure disclosed an inaccurate amount the total closing costs exceeded the legal limits.     Reviewer Comment (2019-08-26): Tolerance exceptions are addressed. Exception Cleared.
 08/26/2019     1 A   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
205346319 [REDACTED]         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. (77101) No cure was provided.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.


Buyer Comment (2019-08-23): Plz note this upld should clear all other open conditions
 08/26/2019     1 A   NJ 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
205346319 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Corporate Status Report.  Fee Amount of $30.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (7712) No cure was provided.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/26/2019     1 A   NJ 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
205346319 [REDACTED]         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 $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (7723) No cure was provided.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/26/2019     1 A   NJ 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
205346319 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Copy Or Fax Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (7777) No cure was provided.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/26/2019     1 A   NJ 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
205346319 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Electronic Document Delivery Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. (7796) No cure was provided.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/26/2019     1 A   NJ 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
205403558 [REDACTED]         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 TX Guaranty Fee.  Fee Amount of $4.50 exceeds tolerance of $4.00.  Sufficient or excess cure was provided to the borrower at Closing. (77222) Final closing disclosure provided on [REDACTED]o Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.50 exceeds tolerance of $4.00. Lender provided a cure to the borrower in the amount of 9.65 on page 3 of the final CD.         12/19/2018   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
205403558 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   TX Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
205403558 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower:  [Redacted] ___ Missing 3rd party verification of employment dated within 10 days of closing.     Reviewer Comment (2019-04-18): Rec'd, meets guidelines.


Reviewer Comment (2019-04-18): To clear.


Reviewer Comment (2019-01-16): Received Credit Risk Summary & Exception Approval. Verification of Business in excess of 10 days prior to closing. Compensating Factors: 1) DTI. 2) Payment Shock. 3) Stable Employment History.


Reviewer Comment (2019-01-08): Internet search shows  [Redacted] , nothing in file to confirm that borrowers business named [Redacted]  is the same as  [Redacted] .


Reviewer Comment (2018-12-24): Received same document that was in the file dated xx/xx/xxxxxx (over 10 days)
 04/18/2019     1 A   TX Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
205706059 [REDACTED]         Property Property - Appraisal Appraisal Documentation Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. Valuation Type: Appraisal / Valuation Report Date: [REDACTED] The Final Inspection 442 was not provided.     Reviewer Comment (2019-01-08): 442 + photos provided
 01/08/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
205706059 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.65780% or Final Disclosure APR of 6.66000% is in excess of allowable threshold of APOR 4.89% + 1.5%, or 6.39000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-01-02): Tracking Summary shows appraisal delivered xx/xx/xxxxxx
 01/02/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
205706059 [REDACTED]         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:Prima[REDACTED]) Evidence the borrower was in receipt of the appraisal three days prior to closing was not provided.     Reviewer Comment (2019-01-02): Tracking Summary shows appraisal delivered xx/xx/xxxxxx
 01/02/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
205706059 [REDACTED]         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:Prima[REDACTED]) Borrower waived right to receive a copy of the appraisal on [REDACTED]ver was not provided a copy was not provided at or before closing.     Reviewer Comment (2019-01-02): Tracking Summary shows appraisal delivered xx/xx/xxxxxx
 01/02/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
205706059 [REDACTED]         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 (2019-07-01): Rec'd CDA
 07/01/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
205707631 [REDACTED]         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 (2019-07-02): CDA provided
 07/02/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
205707631 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED]s electronically provided prior to borrower's consent to receive electronic disclosures. (Initi[REDACTED]) Initial LE electronically delivered [REDACTED]owever, the Borrower consented [REDACTED].             2 B   FL Primary Purchase No Defined Cure C B C A B B A A Non QM Non QM No
205873880 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. Financial Institution:  [Redacted] / End Date: [REDACTED] Account Type: Funds from Business Account / Account Number:  [Redacted], Financial Institution: [Redacted] / End Date: [REDACTED] Account Type: Savings / Account Number:  [Redacted] Asset Account Date: ___
Asset Account Date: ___		 Age of doc not met, however, asset account is not needed when proceeds from subject cashout at closing is sufficient to cover closing clost and reserves requirements. 5.2 Age of Documents:  Credit documents must be no more than 90-days old on the date the note is signed. 771 representative FICO score > 640 guideline minimum

37 months reserves > 4 months guideline minimum - borrowers have verified reserves of $113,645.07

Borrower on this Full documentation loan has a disposable income of $3,200.45

Borrower has job stability for 20 years as (REDACTED)		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-01-30): Received Credit Risk Summary & Exception Approval. Asset Account date is more than 90 days prior to the note. Compensating Factors: 1) Credit Score. 2) Reserves. 3) Residual Income. 4) Stable Employment History.
     01/30/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
205873880 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one origination valuation product when two are required.   AVM is not considered as the 2nd valuation. Added exception as instructed.     Reviewer Comment (2019-06-27): received CDA
 06/27/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
206060976 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: Borrower:  [Redacted] ___ Missing [Redacted] [REDACTED]  [Redacted]business bank statement to support $ [Redacted] total gross deposit amount (per  [REDACTED]  Worksheet) and complete 12 consecutive statements used to support income under [Redacted] 12 Months Business Bank Statement program [Redacted] representative FICO score >[Redacted] guideline minimum

25 months reserves > 4 months guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-02-21): Rec'd exception for missing bank statement and missing verification of borrower's minimum xx% ownership in business.


Buyer Comment (2019-02-20): CRE


Reviewer Comment (2019-02-19): Rec'd several statements.  Still missing xx/xx/xx.


Buyer Comment (2019-02-19): Uploaded [REDACTED] statement
     02/21/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing verification Borrower's minimum 51% ownership interest in  [Redacted] under [Redacted] 12 Months Business Bank Statement program.
Verification in file only documents Borrower as registered agent.		 [Redacted] representative FICO score >[Redacted] guideline minimum

25 months reserves > 4 months guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-02-21): Rec'd exception for missing bank statement and missing verification of borrower's minimum xx% ownership in business.


Buyer Comment (2019-02-20): CRE


Reviewer Comment (2019-02-19): Rec'd SOS.  Printout only documents borrower as registered agent.  Missing verification of minimum xx% ownership interest.


Buyer Comment (2019-02-19): Uploaded Sec.of State
     02/21/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing copy of signed HELOC Loan Agreement verifying which of the 3 properties, disclosed in the Schedule of REO of the Final 1003, secures the  [Redacted]Loan (# [Redacted]) reported by bureaus.     Reviewer Comment (2019-02-27): x investments were free and clear, HELOC is added to other property
 02/27/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-04-24): Desk review provided
 04/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         Credit Property - Appraisal General Appraisal Requirements The owner on the appraisal is incorrect. Valuation Type: Appraisal / Valuation Report Date: [REDACTED] Missing addendum from original appraiser correcting owner of record of subject property.  Owners of record,  [Redacted], are not disclosed as the owners on appraisal on purchase transaction.  Appraisal discloses Borrowers/Buyers as current owners.     Reviewer Comment (2019-02-25): Corrected appraisal report provided reflecting correcting owner of record as (redacted) (redacted)  and (redacted) (redacted)  (Seller)


Buyer Comment (2019-02-25): Appraisal with revision
 02/25/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         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 Confirmation             2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206060976 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Missing Rate Lock Confirmation     Reviewer Comment (2019-02-19): Rec'd rate lock.


Buyer Comment (2019-02-19): Uploaded Lock
 02/19/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
206060976 [REDACTED]         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 $ [Redacted] on Final Closing Disclosure provided on [REDACTED] not accurate. (Final[REDACTED]) Disclosed Non-Escrowed Property Costs over Year 1 of $ [Redacted] > $ [Redacted] ($ [Redacted] monthly HOA Dues x 12)     Reviewer Comment (2019-02-19): (redacted) received PCCD correcting non escrowed property costs over x year and LOE. Exception Cured.


Buyer Comment (2019-02-19): Uploaded PCCD
   02/19/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206645938 [REDACTED]         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 [Redacted].  Anti-predatory lending points and fees testing are not impacted.       Reviewer Comment (2019-04-30): Cleared with re-run
 04/30/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206645938 [REDACTED]         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 [REDACTED]sclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Appraisal Final Inspection of $125.00 was not provided.     Reviewer Comment (2019-04-30): Appraisal was not signed until  [Redacted]  showing subject to, re-disclosed within 3 days
 04/30/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206645938 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-01): Received CDA
 07/01/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206645938 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Gap Credit report dated within 10 days of closing is not evident.     Reviewer Comment (2019-04-22): n/a


Buyer Comment (2019-04-22): Credit report was onxx/xx/xxxxxxoan closed  [Redacted]
 04/22/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206645938 [REDACTED]         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. Final Inspection Fee was not disclosed on Loan Estimate. Change Circumstance is not valid.     Reviewer Comment (2019-04-30): Appraisal was not signed until [Redacted]  showing subject to, re-disclosed within 3 days


Reviewer Comment (2019-04-22): (REDACTED) reviewed the exception. The 3 day timing of fee is based on date of knowledge therefore the fee was not disclosed within 3 business days of date of knowledge. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Buyer Comment (2019-04-22): The appraisal was completed on [Redacted]  we disclosed the Final inspection on the LE on [Redacted]  as we didn't know the cost. When the CD was done onxx/xx/xxxxxxhe final inspection was still $150.00 by the time the final docs were done it was $125.00 and when the fees goes down we don't have to rediclosed.


Reviewer Comment (2019-04-19): (REDACTED) reviewed exception. The Appraisal Re Inspection fee was disclosed on the  [Redacted] LE however the Appraisal Report was completed  [Redacted] indicating subject to therefore the redisclosure  was not completed within 3 business days of knowledge. Please provide corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Buyer Comment (2019-04-18): The inspection Fee went down so we don't have to re-disclose.
 04/30/2019     1 A   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 C A Non QM Non QM Yes
206658044 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-09-19): Rec'd recorded Mortgage and all Riders in trailing docs; exception cleared
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
206658064 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-05-01): Received desk review
 05/01/2019     1 A   FL Investment Purchase   C B C B A A A A N/A N/A No
206658064 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserves requirement was not met. Lender exception provided and compensating factors include Housing DTI below  [Redacted]% and residual income. Guideline variance approved by lender at time of origination. Originator Pre-Close Reviewer Comment (2019-04-19): CRE Dxxx
     04/19/2019 2 B   FL Investment Purchase   C B C B A A A A N/A N/A No
206669695 [REDACTED]         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 product required for securitization.     Reviewer Comment (2019-10-15): Received CDA


Reviewer Comment (2019-05-10): Exception is not related to Lender's Guide or to this specific loan transaction. Review is for a Securitization Transaction and review scope requires a Second Valuation.


Buyer Comment (2019-05-09): Please review the last comment and clear this condition.


Buyer Comment (2019-05-09): Hi there

This loan definitely DOES not need a xnd appraisal NOR does it need an AVM/appraisal review.

This is a (redacted) loan
Purchase
Loan amount $xxx,xxx

Below is the ONLY criteria which requires an appraisal review.  You can locate this in the  (redacted) guides.
Let me know if you need assistance with the guides, so that you know how to look this info up.

FYI (just in case they question last transfer date); FLIP would not apply because this is NEW construction.
 10/15/2019     1 A   TX Primary Purchase   C A A A C A C A Non QM Non QM No
206669695 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of  [Redacted]% or Final Disclosure APR of  [Redacted]% is in excess of allowable threshold of APOR  [Redacted]% + [Redacted], or  [Redacted]%.  Non-Compliant Higher Priced Mortgage Loan. APR exceeds allowable maximum of 9.87100% exceed of allowed threshold of 5.81000%.     Reviewer Comment (2019-04-29): Subject property is new construction. Prior transfer not captured, not a flip transaction.


Buyer Comment (2019-04-29): Please review the appraisal condition.  This is a New Construction, the final inspection is in the file, it is not a flip property.  Please review this.
 04/29/2019     1 A   TX Primary Purchase   C A A A C A C A Non QM Non QM No
206669695 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. Secondary valuation desk review not provided in imaged file. Last purchase date [REDACTED].     Reviewer Comment (2019-04-29): Subject property is new construction. Prior transfer not captured, not a flip transaction.


Buyer Comment (2019-04-29): This is new construction, see final inspection in the file.  This is not a flip property.


Buyer Comment (2019-04-29): Please review the second page of the appraisal under subject.  Notice the line "Price of Prior Sale/Transfer is $x dollars."  So this is not a flip property.
 04/29/2019     1 A   TX Primary Purchase   C A A A C A C A Non QM Non QM No
206674062 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. -       Reviewer Comment (2019-06-12): Received updated statements.


Buyer Comment (2019-06-11): Please see attached documents
 06/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM Safe Harbor QM No
206674062 [REDACTED]         Compliance Compliance Federal Compliance C-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (C-Corp).       Reviewer Comment (2019-06-06): Received Balance Sheet for borrowers C-Corp.


Buyer Comment (2019-06-06): please see attached balance sheet


Reviewer Comment (2019-05-13): Appears to be the same P&L that was labeled Balance Sheet. Balance Sheet is required, reflecting the companies total Assets and Liabilities.


Buyer Comment (2019-05-13): Attached on [REDACTED]


Buyer Comment (2019-05-13): Please see attache Balance/ P & L


Reviewer Comment (2019-05-02): Balance Sheet is missing. The P&L is labeled Balance Sheet/Profit & Loss, but it only contains Income/Expenses. Missing Assets/Liabilities.


Buyer Comment (2019-05-02): Please review verifcation attacted.  If there is something eles is needed please provide additonal details.
 06/06/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM Safe Harbor QM No
206674062 [REDACTED]         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.               2 B   CA Primary Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM Safe Harbor QM No
206674062 [REDACTED]         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. Tax returns are not signed.     Reviewer Comment (2019-06-06): Received Balance Sheet for borrowers C-Corp.


Reviewer Comment (2019-05-13): Appears to be the same P&L that was labeled Balance Sheet. Balance Sheet is required, reflecting the companies total Assets and Liabilities.


Buyer Comment (2019-05-13): See attached Balance sheet is signed.


Reviewer Comment (2019-05-03): Received signed tax returns. Exception will be updated when signed Balance Sheet is provided.


Buyer Comment (2019-05-03): Please see attached signed tax returns
 06/06/2019     1 A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Safe Harbor QM Yes
206674062 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for homeowner's insurance under Prepaids. The Closing Disclosure has 0 (zero) listed on the number of months for homeowners insurance prepaid amount.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Safe Harbor QM Yes
206674062 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The closing disclosure has 0 (zero) month for 2nd half taxes on the Closing Disclosure. Please provide correct CD.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Safe Harbor QM Yes
206674062 [REDACTED]         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. Missing Appraisal disclosure.             2 B   CA Primary Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM Safe Harbor QM No
206674062 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. Closing Costs Financed is blank on the final Closing Disclosure.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM Safe Harbor QM Yes
206674062 [REDACTED]         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. There was not a Initial CD provided to the borrower.  The only CD in the doc pkg is the final CD issued  [REDACTED] .     Reviewer Comment (2019-05-03): AMC received [REDACTED] CD signed the same day. Exception Cleared.


Buyer Comment (2019-05-03): Please Initial CDS and disc Tracking
 05/03/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Safe Harbor QM Safe Harbor QM No
206682835 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   There is no evidence of Desk Review in the file.     Reviewer Comment (2019-10-24): received CDA
 10/24/2019     1 A   GA Primary Purchase   C B A A C B C A Non QM Non QM No
206682835 [REDACTED]         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 $825.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Annual HOA amount is  [Redacted]per Appraisal, the  annual  HOA amount reported on Final Closing Disclosure is  [Redacted].     Reviewer Comment (2019-05-03): (redacted) received the required documents, exception is cured.
   05/03/2019   2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206688973 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided   Note for Senior Lien not provided.     Reviewer Comment (2019-05-20): Received


Reviewer Comment (2019-05-16): Received subject Note. Need Note for senior lien $xxx,xxx.xx.
 05/20/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of  [Redacted]% or Final Disclosure APR of  [Redacted]% is in excess of allowable threshold of APOR  [Redacted]% +  [Redacted]%, or  [Redacted]%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-05-20): new construction
 05/20/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. Property is considered flipped, Credit did not obtain 2 written appraisals.     Reviewer Comment (2019-05-20): new construction
 05/20/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         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 Originator Designation of Non-QM does not match the Due Diligence Loan Designation of ATR Fail.     Reviewer Comment (2019-06-13): Updated with employment letter
 06/13/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM status D A D A C A A A Non QM Non QM Yes
206688973 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Wages Ability to Repay (Dodd-Frank 2014): Unable to verify Wages/W-2 income using reasonably reliable third-party records. Unable to verify Wages/W-2 income using reasonably reliable third-party records for current employer, however borrower started [REDACTED], therefore no W2 or paystubs provided.  Provided the Work Number to verify employment as well as the Co-Borrowers Employer Contract/Offer Letter.     Reviewer Comment (2019-06-13): Updated with employment letter


Reviewer Comment (2019-06-04): The loan closed x/xx/xx.  (redacted) WVOE and pay stubs are dated post-closing.


Reviewer Comment (2019-05-17): Missing W-x/paystub (LES/ETS)/WVOE or not dated within reasonable time frame for this income source.
 06/13/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. General Ability-to-Repay requirements not satisfied.     Reviewer Comment (2019-06-13): Updated with employment letter
 06/13/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   AUS findings reflect bonus income used for qualifying of $ [Redacted]/month. YTD thru[REDACTED]bonus paid was $ [Redacted]/month. Employment letter cites a 15% target discretionary bonus. Income used for qualifying is the YTD / 2 - $ [Redacted].     Reviewer Comment (2019-06-11): updated with rerun


Reviewer Comment (2019-06-04): No additional documentation provided to support $x,xxx/month bonus.  The exception remains EVx.


Reviewer Comment (2019-05-17): Bonus remains as-is using documented bonus income received.
 06/11/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   AUS findings reflect bonus income used for qualifying of $ [Redacted]/month. YTD thru[REDACTED]bonus paid was $ [Redacted]/month. Employment letter cites a 15% target discretionary bonus. Income used for qualifying is the YTD / 2 - $ [Redacted].     Reviewer Comment (2019-06-11): Updated with rerun


Reviewer Comment (2019-06-04): No additional documentation provided to support $x,xxx/month bonus.  The exception remains EVx.
 06/11/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         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. AUS findings reflect bonus income used for qualifying of $ [Redacted]/month. YTD thru[REDACTED]bonus paid was $ [Redacted]/month. Employment letter cites a 15% target discretionary bonus. Income used for qualifying is the YTD / 2 - $ [Redacted]     Reviewer Comment (2019-06-13): updated
 06/13/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         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  [Redacted]% moderately exceeds the guideline maximum of  [Redacted]%. (DTI Exception is eligible to be regraded with compensating factors.) AUS findings reflect bonus income used for qualifying of $ [Redacted]month. YTD thru[REDACTED]bonus paid was $ [Redacted]/month. Employment letter cites a 15% target discretionary bonus. Income used for qualifying is the YTD / 2 - $ [Redacted].     Reviewer Comment (2019-06-10): Received lease and updated DTI
 06/10/2019     1 A   GA Primary Purchase   D A D A C A A A Non QM Non QM No
206688973 [REDACTED]         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 $ [Redacted]exceeds tolerance of $ [Redacted] plus 10% or $ [Redacted].  Sufficient or excess cure was provided to the borrower at Closing. Lender did not disclose a legal limit overage amount or cure amount         05/01/2019   1 A   GA Primary Purchase Final CD evidences Cure D A D A C A A A Non QM Non QM Yes
206688984 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   CA Primary Purchase   C B A A C B C A Non QM Non QM No
206688984 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Application Fee.  Fee Amount of $ [Redacted] exceeds tolerance of $[Redacted].  Insufficient or no cure was provided to the borrower. Tolerance exceeded.     Reviewer Comment (2019-05-06): Appraisal fee listed on LE


Buyer Comment (2019-05-06): The $xxx.xx fee appears to be the appraisal fee. Please confirm if this is correct?
Appraisal fee began at $xxx.xx on LE & Initial CD, but dropped to $xxx.xx on the Final CD.
 05/06/2019     1 A   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
206688984 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $ [Redacted] exceeds tolerance of $[Redacted].  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-05-06): Borrower shopped for title fees - no tolerance


Buyer Comment (2019-05-06): Attestation Letter
 05/06/2019     1 A   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
206688984 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Archive/Storage.  Fee Amount of $ [Redacted] exceeds tolerance of $[Redacted].  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-05-06): Borrower shopped for title fees - no tolerance


Buyer Comment (2019-05-06): Attestation Letter
 05/06/2019     1 A   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
206688984 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) No Seller fee's listed     Reviewer Comment (2019-05-10): Fees used from Final Settlement Statement for testing - ok to use per previous compliance update


Buyer Comment (2019-05-09): We are not aware of any Seller fees.


Buyer Comment (2019-05-09): Per Closer:I have no records of the seller fees on this loan.
 05/10/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206688984 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided     Reviewer Comment (2019-05-06): Borrower shopped for title fees - no tolerance
 05/06/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206688984 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure[REDACTED] 12:00:00 AM was received. Loan Estimate was issued[REDACTED] an manually signed, however unable to determine when the borrower actually received (used system default of which is the same date of the Closing Disclosure issued[REDACTED])... It is noted the borrower did not date the said document.             2 B   CA Primary Purchase No Defined Cure C B A A C B C A Non QM Non QM No
206689124 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
206689124 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing P&L. Residual income of $8,479.79 per month, guideline calls for $1,500.00.

PITIA reserves above minimum by 6 months or greater.		 Originator

Originator		 Reviewer Comment (2019-05-03): Client elects to waive the exception with verified compensating factors.


Reviewer Comment (2019-05-03): Per guidelines dated [REDACTED], Section 18.3.2, Business Bank Statements, Documentation Requirements, A Third Party tax preparer or CPA prepared Business Expense Statement or borrower prepared Profit and Loss Statements, which is less than 90-days old at the time closing. The guidelines do not reflect an exclusion to this requirement. Please provide additional guidance.


Buyer Comment (2019-05-02): P&L not required for Bank Statement Loans when borrower is qualified using 50% expense ratio.
     05/03/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
206689124 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Lender Exception:  Credit score < program requirements Residual income of $8,479.79 per month, guideline calls for $1,500.00.

PITIA reserves above minimum by 6 months or greater.		 Originator

Originator		 Reviewer Comment (2019-04-30): Lender Exception: The Credit score is lower than Program requirements.  Attached are the Compensating Factors.
     04/30/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
206698322 [REDACTED]         Credit Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM   Clear Capital CDA to be ordered by the diligence vendor.             2 B   NC Investment Purchase   B B B B     A A     No
206709453 [REDACTED]         Credit Loan Package Documentation Closing / Title Security Instrument is not signed by borrower(s).   Two signatory spaces on the DOT, one for the Corporate ratification, and one for the guarantors ratification. The guarantor did not ratify the instrument.     Reviewer Comment (2019-06-19): Full executed Security Instrument, 1-4 Rider and Prepayment Rider provided


Buyer Comment (2019-06-18): Second Signature line is now signed


Reviewer Comment (2019-06-07): Full executed Security Instrument/Mortgage was not provided.  Second signature line as Guarantor is not signed


Reviewer Comment (2019-05-10): 2nd signature line as Guarantor is not signed


Buyer Comment (2019-05-10): DOT
 06/19/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Missing Document General Incomplete Document: Note - Subject Lien is incomplete   Two signatory spaces on the Note one for the Corporate ratification, and one for the guarantors ratification. The guarantor did not ratify the instrument.     Reviewer Comment (2019-06-07): Executed Note provided


Buyer Comment (2019-06-06): Note
 06/07/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: 1003 Final not provided   Missing the 1003 for [REDACTED] which acquired the deed to property thru this financing transaction, and for whom the guarantor signed for.     Reviewer Comment (2019-05-14): n/a


Buyer Comment (2019-05-10): 1003
 05/14/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing LLC articles of formation and current operating agreement, missing LLC TIN and Certificate of Good Standing in the  [Redacted] .     Reviewer Comment (2019-06-07): Articles of Organization and verification of good standing provided (D0174 and D0177)


Buyer Comment (2019-06-06): LLC
 06/07/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing sellers Missing LLC articles of formation and current operating agreement with all principals and or partners named, to establish transaction is an arms length transaction.     Reviewer Comment (2019-06-07): Articles of Organization and verification of good standing provided (D0174 and D0177)


Buyer Comment (2019-06-07): LLC documents
 06/07/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue:  Ineligible borrower   Signatory on the DOT and Note is on behalf of the LLC only and is not personally guaranteed. It is required of Limited Liability Company (LLC) vesting the Borrowers must also be personally obligated on the transaction.     Reviewer Comment (2019-06-24): Full executed Security Instrument/Mortgage and Rides were provided


Buyer Comment (2019-06-21): Fully executed Mortgage provided


Reviewer Comment (2019-06-07): Received copy of fully Executed Note provided.  Full executed Security Instrument/Mortgage was not provided.  Second signature line as Guarantor is not signed
 06/24/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Missing Documents: Missing other financing information.   Contract amendment indicates the guarantor is obligated to acquire additional 2 properties that astride to the subject,  [Redacted] . Missing debt service and acquisition costs on the the two additional two purchases.     Reviewer Comment (2019-06-07): First Payment Letter dated  [Redacted] documents $ [Redacted] PITI.


Buyer Comment (2019-06-07): Stmt
 06/07/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   The Parcel ID on the appraisal is [Redacted] , the parcel ID on the legal description is [Redacted] .     Reviewer Comment (2019-06-06): Updated appraisal provided (no value change) reflecting a corrected APN (D0172)


Reviewer Comment (2019-06-06): cleared in error


Reviewer Comment (2019-06-06): corrected appraisal report provided with APN  [Redacted]


Buyer Comment (2019-06-05): Appraisal
 06/06/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Guarantor Agreement not provided   No signed guarantors agreement in file.     Reviewer Comment (2019-06-24): Not required.  Note, Mortgage and Riders were signed by both LLC and individual.


Buyer Comment (2019-06-24): All pages of the Guarantor Agreement have been provided.
Please waive.


Reviewer Comment (2019-06-13): Issue remains EV3 for a fully executed (all pages) Guaranty Agreement


Reviewer Comment (2019-06-13): One page signature page received, complete, signed agreement was not provided.


Buyer Comment (2019-06-11): Guarantor Agreement
 06/24/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing  [Redacted]  tax verification.     Reviewer Comment (2019-05-14): Gross rents not documented in file.  Full PITI included in DTI


Buyer Comment (2019-05-13): Payment Letter includes the Insurance & taxes on itemized out...?


Reviewer Comment (2019-05-10): only received first payment letter


Buyer Comment (2019-05-10): Payment Letter includes Escrow info
 05/14/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing  [Redacted] mortgage statement verification.     Reviewer Comment (2019-05-10): Received First Payment letter


Buyer Comment (2019-05-10): Mortgage Statement
 05/10/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing  [Redacted]  insurance verification.     Reviewer Comment (2019-05-14): HOI for  [Redacted]  provided


Buyer Comment (2019-05-13): HOI-4 [Redacted]


Reviewer Comment (2019-05-10): Received insurance for [REDACTED]


Buyer Comment (2019-05-10): HOI
 05/14/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing  [Redacted]  lease and or income/revenue verification.     Reviewer Comment (2019-06-13): Lease Agreement dated  [Redacted]  provided (D0181)


Buyer Comment (2019-06-11): Lease
 06/13/2019     1 A   MD Investment Purchase   D B D A C B A A N/A N/A No
206709453 [REDACTED]         Compliance Compliance State Compliance Maryland SB270 Prepayment Penalty Test 2009 [Redacted]  Mortgage loan contains an impermissible prepayment penalty.       Reviewer Comment (2019-07-05): reviewed and moved to EV2


Reviewer Comment (2019-06-26): Regraded to EV2-B based on modified prepay to borrower and language in prepay clause allowing to charge prepay "unless otherwise prohibited by law or regulation."


Buyer Comment (2019-06-12): PCCD- with lower PPP amount  [Redacted]


Reviewer Comment (2019-05-14): The credit grantor may not impose any prepayment charge on closed ended loan secured by non-owner occupied property in the state of MD


Buyer Comment (2019-05-13): Per compliance: PPP is allowed on loans > $ [Redacted] ; no maximum stated
       2 B   MD Investment Purchase   D B D A C B A A N/A N/A No
206709736 [REDACTED]         Compliance Compliance State Compliance Maryland Property Insurance (Property Insurance Exceeds Replacement Value) Maryland HB649:  Property insurance exceeds the replacement value of the property.               2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Unable to use trust funds as trust documentation was not provided.  Unable to use business funds as borrower is not sole owner of business as required per guidelines.  4 months reserves required by guidelines was not met. Lender listed a 79.01961% LTV as a compensating factor.  Maximum allowable is 80% for cash out < 680 credit score.

Borrower on this Portfolio Select Alternate documentation loan has a disposable income of $5,571.		 Originator

Originator		 Reviewer Comment (2019-10-18): Exception approval for reserves based on LTV, Payment Shock, and residual income


Reviewer Comment (2019-05-09): Documentation evidencing borrower ownership in [REDACTED] has not been provided. Unable to assign any percentage of funds from this business as there is no evidence borrower even owns this business. Only documentation in the file reflects [REDACTED] or [REDACTED] as a previous registered agent. Letter from [REDACTED] (which is not signed) is not evidence borrower is an owner.


Reviewer Comment (2019-05-08): Missing evidence borrower is 50% Owner. Letter from [REDACTED], registered agent is not acceptable. Provide acceptable third party verification. In addition, exception to use business assets would be required. Borrower is not 100% owner of business.
     10/18/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Asset Account Date: ___ Lender exception provided to allow use of expired bank statement citing residual income as compensating factors. Borrower on this Portfolio Select Alternate documentation loan has a disposable income of $5,571. Originator Reviewer Comment (2019-05-06): CRE D0164
     05/06/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship  was not provided   The final 1003 application form did not disclose the borrower's citizenship correctly.             2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Sufficient funds needed for closing was not provided as documentation requirements for trust account was not provided.  Additionally, unable to use business funds as borrower is not sole owner of business as required per guidelines.     Reviewer Comment (2019-10-18): Borrower is 50% owner, used 50%


Reviewer Comment (2019-05-09): Documentation evidencing borrower ownership in [REDACTED] has not been provided. Unable to assign any percentage of funds from this business as there is no evidence borrower even owns this business. Only documentation in the file reflects [REDACTED] or [REDACTED] as a previous registered agent. Letter from [REDACTED] (which is not signed) is not evidence borrower is an owner.


Reviewer Comment (2019-05-08): Missing evidence borrower is 50% Owner. Letter from [REDACTED], registered agent is not acceptable. Provide acceptable third party verification. In addition, exception to use business assets would be required. Borrower is not 100% owner of business.


Buyer Comment (2019-05-07): Please review seller CD that shows company got $90k from the sale of a property.  Borrower owns 50% of company can we give him 45k to use for funds to close.
 10/18/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Compliance report was not provided.     Reviewer Comment (2019-05-07): Not required
 05/07/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   12 NSFs within the most 12 month period.  No explanation or evidence of consideration was provided.     Reviewer Comment (2019-05-07): Received acknowledgment of NSF's.
 05/07/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue:  Refinance seasoning requirements not met   11 mos < 12 mos required.  Lender signed exception for using appraised value vs. purchase price on construction to per loan was not provided. Borrower on this Portfolio Select Alternate documentation loan has a disposable income of $5,571. Originator Reviewer Comment (2019-05-07): Received CRE [REDACTED]
     05/07/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206709736 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Verification of acceptable payment history for interim construction loan to [REDACTED], LLC for subject property was not provided. Borrower on this Portfolio Select Alternate documentation loan has a disposable income of $5,571. Originator Reviewer Comment (2019-05-07): CRE received [REDACTED]
     05/07/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
206732884 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   GA Investment Purchase   C A A A     C A     No
206752123 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   CT Investment Purchase   C A A A     C A     No
206755159 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
206755159 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - No verification that borrower is 100% owner.     Reviewer Comment (2019-05-21): Received State Business Search - Entity Detail
 05/21/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
206755159 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing details/documents on the primary residence.     Reviewer Comment (2019-06-03): Mortgage statement documenting payment includes escrows for taxes and insurance is in file


Buyer Comment (2019-05-30): It's annually


Reviewer Comment (2019-05-29): Received mortgage statement confirming payment to (redacted) and also received email indicating taxes had recently been paid to(redacted) for the primary residence and although the email gives a $ figure, it does not indicate the frequency of this payment so it is not known if this is the annual amt, semi-annual, etc. -- need clarification of the frequency of the tax pmt so the primary residence expense can be confirmed.  Condition remains outstanding.
 06/03/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
206786169 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C A C A C A C A Non QM Non QM No
206786169 [REDACTED]         Credit Loan Package Documentation Application / Processing HOA Error: Subject is located in a project and HOA Information was not provided. - Security Instrument has a PUD Rider, however appraisal missing PUD information.     Reviewer Comment (2019-07-24): Addendum to Appraisal Report (D0236) Updates Requested [REDACTED] states appraiser found no evidence of an active HOA or are there any HOA fees.


Reviewer Comment (2019-06-17): Issue remains EV3 for an addendum from original appraiser confirming that subject is not located in a PUD and that no HOA annual or monthly dues are required


Buyer Comment (2019-06-14): The Title Commitment Schedule B item 10 (r) clearly shows mandatory assessments and liens are described in the Covenants, Conditions and Restrictions for the subject property.  Even if there is not currently an HOA that collects annual fees, the subdivision is set up so that mandatory assessments could possibly be charged at some point during the life of your loan.  We highly recommend leaving the PUD Rider attached to the Deed of Trust.  While Appraisals are great tools, they do not always properly reflect PUD status and we do not recommend relying on them for accuracy when it comes to the need for a PUD Rider.
 07/24/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C A C A C A C A Non QM Non QM No
206786169 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Document not signed by Lender.     Reviewer Comment (2019-06-05): Rec'd disclosure signed by the seller.
 06/05/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A C A Non QM Non QM Yes
206786169 [REDACTED]         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 [REDACTED]on Final Closing Disclosure provided on [REDACTED] not accurate. Incorrect amount for Escrowed Property Costs over Year 1 disclosed on Final CD.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206786169 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Escrow Payment on Final CD for payment stream 1 does not match that of the loan.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
206786169 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. Escrow payment on Final CD for payment stream 2 does not match that of the loan.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
206786169 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. Escrow on Final CD for payment stream 3 does not match that of the loan.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
206786169 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. Escrow on Final CD for payment stream 4 does not match that of the loan.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
206786169 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Estimated Total Monthly Payment on Final CD for payment stream 1 does not match that of the loan.     Reviewer Comment (2019-06-13): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 06/13/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement 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 C A Non QM Non QM Yes
206786430 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Survey update fee was introduced on the CD.     Reviewer Comment (2019-05-24): Attestation received Survey Fee further outsourced by borrower chosen provider.
 05/24/2019     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
206786430 [REDACTED]         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 $170.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No change circumstance was included for the introduction of the survey update fee.     Reviewer Comment (2019-05-24): Attestation received Survey Fee further outsourced by borrower chosen provider.


Buyer Comment (2019-05-23): Please see attached LOX


Reviewer Comment (2019-05-17): [REDACTED] reviewed exception. As the fee in question was not disclosed on the LE, the service is not considered shoppable and therefore subject to 0% tolerance. If the borrower-chosen service provider further outsourced the Survey Fee to [REDACTED]  we would accept an attestation confirming this. Ideally, the attestation would come from the service provider, but if that cannot be obtained, we would accept one from the lender. The attestation should confirm that the service was outsourced by the borrower-chosen provider and should be on either the provider's or the lender's letterhead. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected.


Buyer Comment (2019-05-16): The Initital CD[REDACTED] and [REDACTED] CD both prior to final CD [REDACTED] show survey.


Buyer Comment (2019-05-16): Please see attached
 05/24/2019     1 A   OH 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 C A Non QM Non QM Yes
206786430 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Primary Purchase   C A A A C A C A Non QM Non QM No
206786432 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CO Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
206786432 [REDACTED]         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 was provided [REDACTED], more than 3 business days from the [REDACTED] application date.     Reviewer Comment (2019-05-31): E Tracking documents ARM disclosure sent[REDACTED]
 05/31/2019     1 A   CO Primary Refinance - Cash-out - Other No Defined Cure C B A A C B C A Non QM Non QM No
206786432 [REDACTED]         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. Evidence in file the appraisal was provided [REDACTED], however the report was not signed until [REDACTED].             2 B   CO Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
206786432 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. The Note reflects the loan as assumable, while the Final CD indicates the loan is not assumable.             2 B   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206786432 [REDACTED]         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 $110.00 exceeds tolerance of $80.00.  Sufficient or excess cure was provided to the borrower at Closing. The Lender provided a cure at close.         05/14/2019   1 A   CO Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
206786432 [REDACTED]         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 $34.20 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. The Lender provided a cure at close.         05/14/2019   1 A   CO Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
206807516 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-05-22): Loan Approval provided


Buyer Comment (2019-05-21): Please review the loan approval attached and clear, thanks.
 05/22/2019     1 A   CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Non QM No
206807516 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Non QM No
206807516 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The $60 document fee was introduced on the CD and made payable to a unique provider.     Reviewer Comment (2019-05-21): Upon further review, the exception is cleared.
 05/21/2019     1 A   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206807516 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Document Preparation Fee.  Fee Amount of $60.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The $60 document fee was introduced on the CD and made payable to a unique provider.     Reviewer Comment (2019-05-21): Upon further review, the exception is cleared.


Buyer Comment (2019-05-21): Per our attached RESPA audit, the loan is compliant.    It appears [REDACTED] is not taking into consideration that the Doc Prep fee is a 10% tolerance item (since the Grant Deed is prepared by an Attorney, not our affiliate).   The final recording fee (also a 10% fee) was much less than originally disclosed, so the 10% threshold allows the doc prep fee to be added without a need for a RESPA cure.

Please let me know if you have any additional questions.  Thanks.
 05/21/2019     1 A   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 C A Non QM Non QM Yes
206807516 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. CD disclosed $[REDACTED], final calculation $[REDACTED].  The difference of $40.50 is the Title Underwriting Fee.     Reviewer Comment (2019-05-21): Upon further review, the exception is cleared.


Buyer Comment (2019-05-21): Please clarify the finance charge amount of [REDACTED] on CD.  I was unable to locate that amount on the final CD.  The final CD shows the finance amount of [REDACTED].  Please review and clarify or clear.  Thanks
 05/21/2019     1 A   CA Primary Refinance - Rate/Term 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
206821187 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   PA Primary Purchase   C A C A A A C A Non QM Non QM No
206821187 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing verification that the borrower and co-borrower own 100% of the business of [Redacted]  as the in file documentation reflects [Redacted]  as a third owner of  [Redacted] .     Reviewer Comment (2019-06-30): Received LLC document for  [Redacted]


Reviewer Comment (2019-06-13): Duplicate copies of business entity listings for  [Redacted]  referencing Borrower., Co-borrower and non-borrowing entity ( [Redacted]  as owners. Business entity documents in file do not reflect only Borrowers.  Issue remains EV3 for verification that  [Redacted]  (third owners) is 100% owned/100% shareholder by Borrower and Co-borrower


Reviewer Comment (2019-05-30): Nothing received regarding ownership of  [Redacted]
 06/30/2019     1 A   PA Primary Purchase   C A C A A A C A Non QM Non QM No
206821187 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification the the borrower(s) is 100% owner of  [Redacted] which was the source of the $ [Redacted]  EMD check # [Redacted]  drawn on  [Redacted]  account # [Redacted] .     Reviewer Comment (2019-05-30): n/a, EMD not used during audit
 05/30/2019     1 A   PA Primary Purchase   C A C A A A C A Non QM Non QM No
206821187 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of the monthly homeowner insurance payment not to exceed $ [REDACTED]  for the REO property at  [REDACTED] .     Reviewer Comment (2019-05-30): Received
 05/30/2019     1 A   PA Primary Purchase   C A C A A A C A Non QM Non QM No
206821194 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Lien(s) negatively impacting title   Federal tax lien on title appears to have been paid at closing.  Missing the payoff Addendum to Closing Disclosure for the final closing disclosure evidencing what was paid at closing.     Reviewer Comment (2019-05-29): Received addendum to the CD indicating what was paid at closing and the [REDACTED] was one of the items paid at close.
 05/29/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max LTV of 65% for cash out with multiple 60+ day lates w/ [REDACTED] credit score.  No lender exception provided. 58.45622% ($690.52) increase < 350% maximum

17.29330% ($330.52) increase

Borrower on this Full documentation loan has a disposable income of $2,880.62		 Originator

Originator

Originator		 Reviewer Comment (2019-06-25): CRE provided for 80% LTV > 65% maximum with multiple 60 day late payments and 542 FICO
     06/25/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___
___		 4506T provided does not have the year or period requested. Borrower on this Full documentation loan has a disposable income of $2,880.62 Originator Reviewer Comment (2019-06-27): Received Credit Risk Summary & Exception Approval. 4506T required to be signed; Exception granted, no signed 4506T in file required. Compensating Factors: 1) Payment Shock. 2) Residual Income.


Reviewer Comment (2019-06-25): Signed and executed 4506-T is required for Borrowers with [REDACTED] income source and Co-borrower with [redacted] source.


Buyer Comment (2019-06-25): The 4506T isn't required when we already have the record of accounts in the file. We have them for [REDACTED]. This is sufficient.


Reviewer Comment (2019-05-29): The signed 4506-T is the one that also needs to have the year info filled out and currently the only signed one in the file does not have this information.


Buyer Comment (2019-05-24): Please see number 9 of  upld
     06/27/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing the payoff Addendum to Closing Disclosure for the final closing disclosure evidencing what was paid at closing.     Reviewer Comment (2019-05-29): Received the addendum to the CD indicating what was paid at closing.
 05/29/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         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.               2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).       Reviewer Comment (2019-07-26): Rec'd LOE, proof of delivery[REDACTED]and evidence rescission period was re-opened with an expiration date of [REDACTED].


Buyer Comment (2019-07-19): rescission cleared on [REDACTED]!!!!!!!!!!!!!!!!!!!!!!!!!!


Reviewer Comment (2019-07-19): Unable to clear until rescission period is expired.


Buyer Comment (2019-07-17): gm. can we please go ahead and clear this condition?

thanks


Reviewer Comment (2019-07-15): Rec'd LOE, proof of delivery[REDACTED]and evidence rescission period was re-opened with an expiration date of [REDACTED].  Unable to clear until rescission period is expired.


Reviewer Comment (2019-07-09): Rec'd another LOE, proof of delivery and evidence rescission period re-opened with an expiration date of [REDACTED], [REDACTED].  Per [REDACTED], the package was delivered [REDACTED].  The correct expiration date should be Thursday, [REDACTED].  Unable to clear.


Reviewer Comment (2019-07-01): Rec'd LOE, proof of delivery and evidence rescission period re-opened with an expiration date of [REDACTED], [REDACTED].  Per [REDACTED], the package was delivered[REDACTED] The correct expiration date should be [REDACTED], [REDACTED].  Unable to clear.


Buyer Comment (2019-06-27): corrected I reopened rescission and the rescission expires on [REDACTED]


Reviewer Comment (2019-06-27): Right to Cancel signed [REDACTED]. Expiration date [REDACTED]. (should be [REDACTED])
   07/26/2019   2 B   TX 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 C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AIR Table First Change Frequency TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on [REDACTED] disclosed a First Change frequency that does not match the actual first change frequency for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Interest Rate Adjusts Starting In TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] with an increasing rate disclosed a first adjustment date that does not match the actual first adjustment date for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Interest Rate Max Rate In Year TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] with an increasing rate disclosed the first date when the interest rate can reach the maximum that does not match the actual first date for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Payment Adjusts Every Starting In TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] with an increasing payment disclosed the due date of the first adjustment that does not match the actual due date for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Payment Max Amount In Year TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] with an increasing payment disclosed the earliest date of the maximum possible amount of principal and interest that does not match the actual earliest date for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX 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 C A Non QM Non QM Yes
206821194 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX 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 C A Non QM Non QM Yes
206821194 [REDACTED]         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 [REDACTED] disclosed a maximum periodic principal and interest payment for payment stream 2 that does not match the actual maximum payment for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX 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 C A Non QM Non QM Yes
206821194 [REDACTED]         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 [REDACTED] disclosed a maximum periodic principal and interest payment for payment stream 3 that does not match the actual maximum payment for the loan. First payment change date on note is inaccurately listed as [REDACTED].  Should be [REDACTED].     Reviewer Comment (2019-06-21): [REDACTED] received Corrected / Signed Executed Note by the borrowers. correcting the 1st change date to [REDACTED].
   06/21/2019   2 B   TX 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 C A Non QM Non QM Yes
206821194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. TIP on CD is higher than calculated TIP.  Using maximum index rate for testing.             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206821194 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Inquiry identified on[REDACTED] credit report from [REDACTED] on [REDACTED] was not addresses as required per guidelines.     Reviewer Comment (2019-06-23): LOE provided (D0260)
 06/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title is in borrower's name only.     Reviewer Comment (2019-07-09): Vesting is correct.


Buyer Comment (2019-07-08): Hi,

The vesting is not going to change with a refinance.

He was in title by himself when they bought the property and Texas is a community property state. She does not have to be in title to have a vested interest in the property.
 07/09/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821194 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. 401K expired 58.45622% ($690.52) increase < 350% maximum

17.29330% ($330.52) increase

Borrower on this Full documentation loan has a disposable income of $2,880.62		 Originator

Originator

Originator		 Reviewer Comment (2019-06-25): CRE provided for 1 months reserves < 4 months
     06/25/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206821198 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Co-borrowers VVOE employment with in 10 days of closing retained in file.     Reviewer Comment (2019-05-29): Received
 05/29/2019     1 A   RI Investment Refinance - Cash-out - Other   C B C A C B C A N/A N/A No
206821198 [REDACTED]         Compliance Compliance State Compliance [Redacted] Prepayment Penalty Non-Purchase [Redacted]  Prepayment Penalty:  Non-purchase loan contains a prepayment penalty which was not disclosed to the borrower in writing. Specific  [Redacted] disclosure not included in file.  Penalty was disclosed in writing on the LE.     Reviewer Comment (2019-07-29): Nothing provided


Reviewer Comment (2019-05-29): nothing received regarding this


Buyer Comment (2019-05-24): There is no RI specific prepayment penalty disclosure .  please send us an example of the form?
       2 B   RI Investment Refinance - Cash-out - Other   C B C A C B C A N/A N/A No
206821198 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - [Redacted] 1040's in file, no  [Redacted]  K-1 in file.     Reviewer Comment (2019-06-07): [Redacted] K-1 provided
 06/07/2019     1 A   RI Investment Refinance - Cash-out - Other   C B C A C B C A N/A N/A No
206821198 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   RI Investment Refinance - Cash-out - Other   C B C A C B C A N/A N/A No
206824965 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Twelve month business bank statement loan requires a minimum FICO of[REDACTED]. Residual Income of $29,929.19

Borrower has employment stability, [REDACTED] for 5 years.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-21): Client elects to waive the exception with verified compensating factors.
     05/21/2019 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
206824965 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
206824965 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - The file does not include documentation confirming the borrowers are sole owners of [REDACTED] LLC.     Reviewer Comment (2019-05-21): Received LLC Filing with Secretary of State evidencing borrower and spouse are only managers listed.
 05/21/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
206824965 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   32.61% DTI  < 50.00% guideline maximum Aggregator Reviewer Comment (2019-05-20): CRE D002
     05/20/2019 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
206824966 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Primary Purchase   C B C B C B C A Non QM Non QM No
206824966 [REDACTED]         Compliance Compliance State Compliance (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) Maryland Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.               2 B   MD Primary Purchase   C B C B C B C A Non QM Non QM No
206824966 [REDACTED]         Compliance Compliance State Compliance Maryland HPML Threshold Test Non-Compliant Maryland Higher-Priced Mortgage Loan: APR on subject loan of 7.11870% or Final Disclosure APR of 7.12000% is in excess of allowable threshold of APOR 4.64% + 1.5%, or 6.14000%.  Non-Compliant Higher Priced Loan.               2 B   MD Primary Purchase   C B C B C B C A Non QM Non QM No
206824966 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-10-15): Updated based on change of circumstances
 10/15/2019     1 A   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206824966 [REDACTED]         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 [REDACTED] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower.             2 B   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206824966 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. The loan amount increased but there was not a change of circumstance in the file.     Reviewer Comment (2019-10-15): Updated based on change of circumstances


Reviewer Comment (2019-10-09): COC required or document that indicates when lender was made aware of the loan amount increase is required in order to determine the lender complied with is timing and issuing a new LE to the borrower.


Buyer Comment (2019-10-08): The loan amount changed on the LE that was locked.  Why would we need a COC for that?


Reviewer Comment (2019-05-22): In order to address the exception, a changed circumstance showing the reason for the loan amount increase and a justification for the fee increase is required, or a PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.


Buyer Comment (2019-05-21): See Locked LE Uploaded
 10/15/2019     1 A   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 C A Non QM Non QM Yes
206824966 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. The loan amount increased but there was not a change of circumstance in the file.     Reviewer Comment (2019-10-15): Updated based on change of circumstances


Reviewer Comment (2019-05-22): In order to address the exception, a changed circumstance showing the reason for the loan amount increase and a justification for the fee increase is required, or a PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.


Buyer Comment (2019-05-21): See Locked LE Uploaded
 10/15/2019     1 A   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 C A Non QM Non QM Yes
206824966 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. The loan amount increased but there was not a change of circumstance in the file.     Reviewer Comment (2019-10-15): Updated based on change of circumstances


Reviewer Comment (2019-05-22): In order to address the exception, a changed circumstance showing the reason for the loan amount increase and a justification for the fee increase is required, or a PCCD, LOE, copy of any refund check and proof of delivery required in order to address the exception.
 10/15/2019     1 A   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 C A Non QM Non QM Yes
206824966 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. FICO score [REDACTED] required for 12 month business bank statement program. Borrower has employment stability for over 10 years [REDACTED] [REDACTED].

Borrower has a disposable income of $12,244.48		 Aggregator

Aggregator		 Reviewer Comment (2019-05-22): Client elects to waive the exception with verified compensating factors.
     05/22/2019 2 B   MD Primary Purchase   C B C B C B C A Non QM Non QM No
206824967 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206824967 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1196 < 1200 requirement 45.69% LTV < 75% guideline max Originator Reviewer Comment (2019-05-23): Received Credit Risk Summary & Exception Approval. Property sq ft < minimum allowed. Compensating Factors: 1) Credit History. 2) LTV.
     05/23/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206824967 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-20): CU Score of 2.0
 10/20/2019     1 A   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206824968 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
206835219 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   AL Primary Purchase   C B C B A A C A Non QM Non QM No
206835219 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy.   DTI does exceed [Redacted]% but meets the exception policy based on compensating factors of DTI  [Redacted] <  [Redacted]% maximum permitted per guidelines, not a heave credit user (bankruptcy was due to  [REDACTED] ) and payment shock  [Redacted]% maximum permitted per guidelines. [Redacted]% DTI on this [Redacted]ation loan < [Redacted]% guideline maximum.

Not a heavy credit user ([Redacted]

Payment Shock [Redacted]% < [Redacted]% maximum permitted per guidelines.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-05-22): Exception in file allowing XX% LTV for borrower with limited trade lines.
     05/22/2019 2 B   AL Primary Purchase   C B C B A A C A Non QM Non QM No
206835236 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-06-01): Received
 06/01/2019     1 A   OR Primary Purchase   D B D A B B C A Non QM Non QM No
206835236 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing Seller CD             2 B   OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A B B C A Non QM Non QM Yes
206835236 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-22): Received CDA
 06/22/2019     1 A   OR Primary Purchase   D B D A B B C A Non QM Non QM No
206835236 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing evidence that Borrower received $ [Redacted] net proceeds from sale of  [Redacted] on [REDACTED].     Reviewer Comment (2019-06-06): Received wire confirmation that proceeds wired and received x/x/xxxx (Dxxxx).   Proceeds applied towards closing and reserves


Reviewer Comment (2019-05-29): Received HUDx, however closing date was > xx days, missing evidence received by borrower
 06/06/2019     1 A   OR Primary Purchase   D B D A B B C A Non QM Non QM No
206836479 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Rescission Period) Texas Constitution Section 50(a)(6): Subject loan transaction disbursed on [REDACTED], prior to three (3) business days from transaction date of [REDACTED] Borrowers signed all documents on [REDACTED], however the notary acknowledged and notarized on[REDACTED].     Reviewer Comment (2019-06-06): Recorded copy of Correction  Instrument As To A Recorded Instrument   dated [REDACTED] correcting notary date is now [REDACTED] (D0186)


Buyer Comment (2019-06-06): Affidavit to correct
 06/06/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-06-03): Texas Cash-out Fair Market Acknowledgment Signed By Lender provided


Buyer Comment (2019-05-30): TX FMV
 06/03/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (Lien was created without consent of all owners and owner’s spouse(s)) Texas Constitution Section 50(a)(6): Lien was created without consent of all owners and owner's spouse(s).       Reviewer Comment (2019-06-05): Spousal consent documented in file; spouse signed Security Instrument


Buyer Comment (2019-06-04): This is only required on QM loans.  Please waive.
 06/05/2019     1 A   TX Primary Refinance - Cash-out - Other With respect to the non-consent by owner, obtain their consent.  However, with respect to the unsigned note, this could be an issue with the loan generally outside of 50(a)(6).  
(Note: Failure to obtain the consent will result in not having a lien against the property)		 C A C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. Borrowers signed all documents on [REDACTED], however the notary acknowledged and notarized on [REDACTED].     Reviewer Comment (2019-06-06): Recorded copy of Correction  Instrument As To A Recorded Instrument   dated [REDACTED] correcting notary date is now [REDACTED] (D0186)


Buyer Comment (2019-06-06): Affidavit to correct
 06/06/2019     1 A   TX 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 C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Borrowers initialed [REDACTED] transaction date on the Notice of Right to Cancel.     Reviewer Comment (2019-06-06): Recorded copy of Correction  Instrument As To A Recorded Instrument   dated [REDACTED] correcting notary date is now [REDACTED] (D0186)


Buyer Comment (2019-06-06): Affidavit to correct
 06/06/2019     1 A   TX 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 C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided Timely) Texas Constitution Section 50(a)(6):  Acknowledgment of the Fair Market Value not provided to borrower at closing. Lender did not execute disclosure     Reviewer Comment (2019-06-06): Recorded copy of Correction  Instrument As To A Recorded Instrument   dated [REDACTED] correcting notary date is now [REDACTED] (D0186)


Buyer Comment (2019-06-06): Affidavit to correct


Reviewer Comment (2019-06-05): Borrower signed disclosure on [REDACTED] and Notary date on Mortgage is [REDACTED].  State Compliance requires this disclosure to be signed at consummation ([REDACTED]).


Buyer Comment (2019-06-04): Executed Fair Market Ack Timing
 06/06/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Note and deed dated [REDACTED]ut notarized on [REDACTED]     Reviewer Comment (2019-06-06): Recorded copy of Correction  Instrument As To A Recorded Instrument   dated [REDACTED] correcting notary date is now [REDACTED] (D0186)
 06/06/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
206836479 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   This is a refinance, borrower not on title at time of refinance, missing Deed showing borrower on title.   Deed provided from[REDACTED] shows husband as sole owner.     Reviewer Comment (2019-07-17): Rec'd Warranty Deed in trailing docs dated [REDACTED]; vesting matches Security Instrument - TX is community property state.


Buyer Comment (2019-07-17): Please review re-recorded closing doc


Reviewer Comment (2019-06-05): Per title work, [REDACTED] is sole title holder.  Issue remains EV3 for a supplement to title commitment or amended title commitment reflecting proposed insured as [REDACTED] and [REDACTED], Husband and Wife and an executed Interspousal Transfer Deed from [REDACTED] adding [REDACTED] (Borrower) as a vested title holder.


Reviewer Comment (2019-06-05): Missing supplement to title commitment indicating proposed insured/vested ownership to remain as [REDACTED].  Mortgage prepared as [REDACTED].  AKA statement (D0133) documents [REDACTED] and [REDACTED] are one and the same.


Buyer Comment (2019-06-05): Title


Reviewer Comment (2019-06-03): Missing supplement to title commitment indicating proposed insured/vested ownership to remain as [REDACTED].  Mortgage prepared as [REDACTED].  AKA statement (D0133) documents [REDACTED] and [REDACTED] are one and the same.


Buyer Comment (2019-05-31): Message from Escrow Officer
 07/17/2019     1 A   TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
206838882 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         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.       Reviewer Comment (2019-05-24): Received evidence disclosure was provided to borrower within required timing.
 05/24/2019     1 A   CT Primary Refinance - Cash-out - Other No Defined Cure C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. There were no months listed on CD.  Amount paid was not month specific.             2 B   CT Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206838882 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No tolerance cure was provided.     Reviewer Comment (2019-07-09): Tolerance exceptions are addressed. Exception Cleared.
 07/09/2019     1 A   CT Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206838882 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No VCC or cure in file for the Examination fee introduced on the CD.     Reviewer Comment (2019-07-09): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Reviewer Comment (2019-05-28): Confirmation the title - examination fee was required by the vendor chosen by the borrower in order to address the exception.
 07/09/2019     1 A   CT 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 C A Non QM Non QM Yes
206838882 [REDACTED]         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[REDACTED]% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) Per 1008, lender approved DTI >45% but greater than 55% was not addressed.  Credit Risk Summary & Exception approval does not address DTI Borrower has a disposable income of $5,776.20.

Total Debt is decreasing by $142.00 or 1.9%.

Borrower on this Bank Statement  documentation loan has a disposable income of $5,776.20 > $1,500.00 minimum

Overall debt reduced $217.20 (-2.88564%)		 Aggregator

Aggregator

Originator

Originator		 Reviewer Comment (2019-10-15): Exception approval based on compensating factors of decreased debt and disposable income


Reviewer Comment (2019-05-28): 1003 reflects other debt was excluded, to be paid off, but was not reflected on Final CD. Provide evidence other debt excluded from DTI was paid off.
     10/15/2019 2 B   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         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 (2019-10-15): Waived DTI with comp factors
 10/15/2019     1 A   CT Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C B C B C A Non QM Non QM Yes
206838882 [REDACTED]         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. Appraisal was provided  correctly and it was acknowledged at closing.     Reviewer Comment (2019-05-28): Borrower acknowledged receiving appraisal.
 05/28/2019     1 A   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. - The appraiser's history shows a gap from [REDACTED] to [REDACTED].     Reviewer Comment (2019-05-24): License was provided reflecting Effective date of[REDACTED] to[REDACTED].


Buyer Comment (2019-05-24): Invalid Condition.  Appraiser License states effective [REDACTED] and [REDACTED].
 05/24/2019     1 A   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - The file does not include verification that the borrower is the sole owner of the LLC.     Reviewer Comment (2019-07-09): All business entity documents only reflect Borrower, ok to clear.


Reviewer Comment (2019-05-28): Missing verification that the borrower is the sole owner of the LLC.
 07/09/2019     1 A   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Minimal credit debt paid off at closing. Borrower on this Bank Statement  documentation loan has a disposable income of $5,776.20 > $1,500.00 minimum

Overall debt reduced $217.20 (-2.88564%)		 Originator

Originator		 Reviewer Comment (2019-07-09): CRE provided with compensating factors for 55.86% DTI > 55% maximum Compensating factors: $5,776.20 Residual Income and Overall debt decreasing $217.20 per month


Reviewer Comment (2019-05-28): 1003 reflects other debt was excluded, to be paid off, but was not reflected on Final CD. Provide evidence other debt excluded from DTI was paid off.
     07/09/2019 2 B   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Borrower middle score is less than the required score for 12 business bank statements. Borrower has a disposable income of $5,776.20.

Total Debt is decreasing by $142.00 or 1.9%.		 Aggregator

Aggregator		 Reviewer Comment (2019-05-24): Client elects to waive the exception with verified compensating factors.
     05/24/2019 2 B   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206838882 [REDACTED]         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 is over 55%.     Reviewer Comment (2019-07-09): CRE provided


Reviewer Comment (2019-05-28): 1003 reflects other debt was excluded, to be paid off, but was not reflected on Final CD. Provide evidence other debt excluded from DTI was paid off.
 07/09/2019     1 A   CT Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
206842883 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Refinance - Cash-out - Other   C A A A     C A     No
206847192 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing Loan Underwriting approval document     Reviewer Comment (2019-05-29): Received


Buyer Comment (2019-05-29): Please review the conditional approval attached.
 05/29/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
206847192 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
206847192 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing loan Rate Lock     Reviewer Comment (2019-06-03): Received


Buyer Comment (2019-05-30): Rate lock attached
 06/03/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
206847192 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Income calculated lower during audit     Reviewer Comment (2019-06-03): income adjusted


Buyer Comment (2019-05-30): Below is a comment from the underwriter on this file.  Please review and clear the condition.  


[REDACTED],

Appears the issue is resulting from the qualifying income.  [REDACTED] is using $20,436 per month while we used income of $26,959.  It appears [REDACTED] excluded 2 large deposits of $50,000 on[REDACTED] $37,500 on [REDACTED].  I reviewed this issue with management during my underwrite and we felt the deposits were sufficiently documented as business income.  The wire of $37,500 on [REDACTED] was identified on the personal bank statement as coming from the borrower's business and lender provided letter from CFO stating that this deposit was a distribution.  The lender documented the deposit of $50,000 with a copy of check drawn on business account with notation of "tax distribution".  There was a similar deposit on[REDACTED] This was not in the most recent 12 months bank statement deposits so not used for income but provided additional support that these deposits were not atypical.  

Please forward and let me know if anything else is needed.  Thanks


[REDACTED] | Underwriter
 
[REDACTED]

 
 
 
[REDACTED]


Reviewer Comment (2019-05-29): $18,751,77 per month


Buyer Comment (2019-05-29): What income is being used by [REDACTED]?  Please advise, thanks.
 06/03/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
206849420 [REDACTED]         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. Disclosure summary reflects AVM report was provided prior to the report date.             2 B   FL Investment Purchase   C B C A B B A A N/A N/A No
206849420 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Property has a HELOC therefore taxes and insurance would need to be verified.     Reviewer Comment (2019-10-11): Rec'd hazard insurance.


Reviewer Comment (2019-07-19): Expired evidence of insurance provided for [REDACTED] (D0285).  Issue remains EV3 for current evidence of insurance for [REDACTED]


Reviewer Comment (2019-06-19): Still missing evidence of hazard insurance.


Reviewer Comment (2019-06-18): Received a [REDACTED] Report.  EV3 for verification of annual hazard insurance premium/information


Reviewer Comment (2019-06-10): Received annual property tax information (D0280).  Issue remains EV3 for verification of annual hazard insurance premium/information
 10/11/2019     1 A   FL Investment Purchase   C B C A B B A A N/A N/A No
206849420 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Reserve requirements of 4 months was not met due to verification of funds from HELOC transferred to borrower's checking account. Available balance on Final 1003 does not match with balance as[REDACTED]or [REDACTED], account ending [REDACTED].     Reviewer Comment (2019-10-11): Rec'd updated bank statements showing sufficient funds to close and reserves.
 10/11/2019     1 A   FL Investment Purchase   C B C A B B A A N/A N/A No
206849420 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-06-14): Received desk review within tolerance
 06/14/2019     1 A   FL Investment Purchase   C B C A B B A A N/A N/A No
206849420 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds for closing was not sufficiently verified.Verification of funds from HELOC transferred to borrower's checking account was not evident. Available balance on Final 1003 does not match with balance reflected on[REDACTED]rintout for [REDACTED], account ending [REDACTED].     Reviewer Comment (2019-10-11): Rec'd updated bank statements showing sufficient funds to close and reserves.
 10/11/2019     1 A   FL Investment Purchase   C B C A B B A A N/A N/A No
206849430 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Insurance policy shows the house number as  [Redacted]  instead of [Redacted] .     Reviewer Comment (2019-06-12): Evidence of Insurance indicates insured premises as  [Redacted]  as per Note
 06/12/2019     1 A   IL Investment Purchase   C A C A A A C A N/A N/A No
206849430 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   IL Investment Purchase   C A C A A A C A N/A N/A No
206849430 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   K-1 losses included in audit income     Reviewer Comment (2019-06-29): Rec'd income documentation.  DTI is 54% and meets guidelines.


Reviewer Comment (2019-06-24): [Redacted] Market Rents used to offset payment are not documented in file


Reviewer Comment (2019-06-20): Reviewed Lender's correspondence (D0236) regarding concurrent NOO purchase # [Redacted] .  Market Rents for concurrent  [Redacted]  purchase are not documented in  [Redacted]  NOO purchase # [Redacted]


Reviewer Comment (2019-06-19): Revisited income / debts.  The difference is in the calculation of rental income for the property at  [Redacted] .  The underwriter's worksheet reflects positive rental income of $ [Redacted] (doc #90), whereas review reflects a rent loss of $ [Redacted] .


Reviewer Comment (2019-06-13): Losses from L [Redacted]
 06/29/2019     1 A   IL Investment Purchase   C A C A A A C A N/A N/A No
206849453 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-06-14): Received desk review within tolerance
 06/14/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
206849453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Documentation verifying current residence mortgage payment, taxes and insurance or HOA dues, if any, not provided.     Reviewer Comment (2019-06-22): Mortgage statement, property tax and HOA documented for  [Redacted] .  Issue remains EV3 for copy of evidence of hazard insurance verifying annual premium amount.  2 EV3's open for same issue.   Responding back to  [Redacted] regarding missing hazard insurance in  additional EV3


Reviewer Comment (2019-06-06): Missing tax and insurance information.  Rec'd HOA and mortgage statement (no escrows reflected).
 06/22/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
206849453 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Documentation verifying current residence mortgage payment, taxes and insurance or HOA dues, if any, not provided.     Reviewer Comment (2019-07-01): Rec'd evidence of hazard insurance.


Reviewer Comment (2019-06-22): Mortgage statement, property tax and HOA documented for  [Redacted] .  Issue remains EV3 for copy of evidence of hazard insurance verifying annual premium amount for [Redacted] ,  [Redacted]


Buyer Comment (2019-06-21): Assessor's ID Number for the property matches the number on the property Info  which has the address listed as well.


Reviewer Comment (2019-06-06): Missing tax and insurance information.  Rec'd HOA and mortgage statement (no escrows included).
 07/01/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
206849453 [REDACTED]         Credit Credit Credit Documentation There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan.         Reviewer Comment (2019-06-22): Declaration of Insurance (D0050) documents policy contains Other Coverages 1. - Loss of Rental Income $ [Redacted]


Buyer Comment (2019-06-21): This is an Invalid condition the borrower is just departing the residence we're using the full PITI we are not using rental income.
 06/22/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
206849453 [REDACTED]         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 Investment) 1003s and appraisal state owner will be occupying property, however other documentation provided refutes owner occupancy.     Reviewer Comment (2019-06-05): Borrower signed letter of explanation provided (D0171) stated that the 1003 mistakenly was completed indicating intent to occupy investment subject property as primary.  Borrower states Borrower occupies 1 [Redacted] as a primary residence,
 06/05/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
206849458 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Per divorce decree, borrower is entitled to 50% of the proceeds from the sale of [REDACTED].  Un-executed closing statement received evidencing Equity on Sold Property proceeds in the amount of $[REDACTED].  Documentation requirements not met as closing statement is not fully executed.  Receipt of funds was not evidenced.  Updated usability of this asset to 0% as documentation requirements were not met.     Reviewer Comment (2019-09-25): Rec'd Posted Receipt for funds transfer from sale to purchase.


Reviewer Comment (2019-08-11): Please provide proof subject closed/disbursed after the sale of the [REDACTED] property sold, otherwise the use of funds is not allowed.


Reviewer Comment (2019-07-29): Purchase of subject [REDACTED] closed and disbursed [REDACTED] per signed Final Closing Disclosure (D0134).  Copy of signed Final Settlement Statement (D0247) documents sale of [REDACTED] closed[REDACTED] and disbursed [REDACTED], 8 days days after subject [REDACTED] closed and disbursed [REDACTED].  50% of $108,452.76 proceeds to Borrower and non-borrower were not available to apply towards purchase of subject.  Issue remains EV3 for $6,051.91 in verified assets for closing is $49,613.21  less than $55,665.12 cash required from Borrower to close


Buyer Comment (2019-07-24): please review


Reviewer Comment (2019-06-21): Purchase of subject [REDACTED] closed and disbursed [REDACTED] per signed Final Closing Disclosure (D0134).  Copy of signed Final Settlement Statement (D0247) documents sale of [REDACTED] closed[REDACTED] and disbursed [REDACTED], 8 days days after subject [REDACTED] closed and disbursed [REDACTED].  50% of $108,452.76 proceeds to Borrower and non-borrower were not available to apply towards purchase of subject.  Issue remains EV3 for $6,051.91 in verified assets for closing is $49,613.21  less than $55,665.12 cash required from Borrower to close


Buyer Comment (2019-06-21): Please review to clear


Reviewer Comment (2019-06-19): Rec'd another copy of estimated settlement statement.  Missing signed, final settlement statement.
 09/25/2019     1 A   NV Primary Purchase   C B C A B B C A Non QM Non QM No
206849458 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   NV Primary Purchase   C B C A B B C A Non QM Non QM No
206849458 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Doc Prep fee paid to broker.             2 B   NV Primary Purchase Good Faith Redisclosure C B C A B B C A Non QM Non QM Yes
206849458 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Revised 63.96% DTI > 55% maximum allowed under Non-Prime program.  Copy of signed Final Settlement Statement (D0247) provided documents sale of departure residence [REDACTED] closed/was sold on[REDACTED] and disbursed [REDACTED], 8 days after subject[REDACTED] closed and disbursed on[REDACTED].   Property and $[REDACTED]monthly PITI was a monthly financial obligation at closing.  Payment added to total monthly obligation.     Reviewer Comment (2019-09-25): Rec'd Final Stamped Settlement Statement for sale of property; removed from REO.  DTI is now < guideline max.
 09/25/2019     1 A   NV Primary Purchase   C B C A B B C A Non QM Non QM No
206849458 [REDACTED]         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. Revised 63.96% DTI > 55% maximum allowed under Non-Prime program.     Reviewer Comment (2019-09-25): Rec'd Final Stamped Settlement Statement for sale of property; removed from REO.  DTI is now < guideline max.
 09/25/2019     1 A   NV Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A B B C A Non QM Non QM Yes
206849458 [REDACTED]         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. Revised 63.96% DTI > 55% maximum allowed under Non-Prime program.     Reviewer Comment (2019-09-25): Rec'd Final Stamped Settlement Statement for sale of property; removed from REO.  DTI is now < guideline max.
 09/25/2019     1 A   NV Primary Purchase   C B C A B B C A Non QM Non QM No
206849458 [REDACTED]         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 63.96200% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Revised 63.96% DTI > 55% maximum allowed under Non-Prime program.     Reviewer Comment (2019-09-25): Rec'd Final Stamped Settlement Statement for sale of property; removed from REO.  DTI is now < guideline max.
 09/25/2019     1 A   NV Primary Purchase   C B C A B B C A Non QM Non QM No
206849472 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   NJ Primary Purchase   C A C A A A C A Non QM Non QM No
206849472 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Proof that borrower is 100% owner of business is not evident in the file. Operating Agreement in the file foes not list any members ownership percentage. It is also not signed by any members. No other documents in the file list borrower as 100% owner.     Reviewer Comment (2019-06-05): CPA letter provided documents Borrower is 100% owner and shareholder of [REDACTED]
 06/05/2019     1 A   NJ Primary Purchase   C A C A A A C A Non QM Non QM No
206849472 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Warranty Deed reflects  [REDACTED] , and vesting of  [REDACTED]  - dated[REDACTED]  Security Instrument has only Borrower.     Reviewer Comment (2019-07-19): Rec'd corrected security instrument with affidavit of re-recording.
 07/19/2019     1 A   NJ Primary Purchase   C A C A A A C A Non QM Non QM No
206862141 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception approval granted for loan amount.  Compensating factors of credit score, no derogatory credit, decrease in housing payment & high reserves. Guideline variance approved by lender at time of origination Originator Pre-Close Reviewer Comment (2019-06-04): CRE Dxxx
     06/04/2019 2 B   GA Primary Purchase   C B C B A A B A Non QM Non QM No
206862141 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor Qualifying Residual income discrepancy. Calculated investor qualifying disposable income of ___ is less than AUS required disposable income of ___. Exception approval granted for residual income - credit score, no derogatory credit, decrease in housing payment & high reserves compensating factors Guideline variance approved by lender at time of origination Originator Pre-Close Reviewer Comment (2019-06-04): CRE Dxxx
     06/04/2019 2 B   GA Primary Purchase   C B C B A A B A Non QM Non QM No
206862141 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-06-14): Received desk review within tolerance
 06/14/2019     1 A   GA Primary Purchase   C B C B A A B A Non QM Non QM No
206862145 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   FL Primary Refinance - Rate/Term   C A C A A A C A Non QM Non QM No
206862145 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ P&L Statement not provided for Borrowers Sole Proprietorship Business.     Reviewer Comment (2019-06-26): Received signed P&L


Buyer Comment (2019-06-26): The P&P is signed please look again and clear condition.


Reviewer Comment (2019-06-25): Received signed P&L for period  [Redacted] to  [Redacted] .  Issue remains EV3 for a signed P&L for period  [Redacted] to v
 06/26/2019     1 A   FL Primary Refinance - Rate/Term   C A C A A A C A Non QM Non QM No
206871812 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Second Home Purchase   C B C B C B C A Non QM Non QM No
206871812 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The final hazard insurance policy in the file reflect policy premium of $[REDACTED].  An earlier policy reflects $[REDACTED]             2 B   NC Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206871812 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Within 10 days of closing, Business Search provided does not have dates 27.37079% DTI on this Bank Statement documentation loan < 55% guideline max

Borrower on this Bank Statement documentation loan has a disposable income of $18,919.91

47.8 months reserves > 4 months guideline minimum - borrowers have verified reserves of $82,279.92		 Originator

Originator

Originator		 Reviewer Comment (2019-06-03): Received Credit Risk Summary & Exception Approval. VVOE not within 10 days of closing. Compensating Factors: 1) DTI. 2) Reserves. 3) Residual Income.


Buyer Comment (2019-05-31): See the doc below
     06/03/2019 2 B   NC Second Home Purchase   C B C B C B C A Non QM Non QM No
206871812 [REDACTED]         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 3rd Party Verification of Business within 10 days, Business Search provided is undated     Reviewer Comment (2019-06-03): Received business search
 06/03/2019     1 A   NC Second Home Purchase Lender to provide updated ATR/QM status C B C B C B C A Non QM Non QM Yes
206871812 [REDACTED]         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. Missing 3rd Party Verification of Business within 10 days, Business Search provided is undated     Reviewer Comment (2019-06-03): Received business search
 06/03/2019     1 A   NC Second Home Purchase   C B C B C B C A Non QM Non QM No
206871812 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing 3rd Party Verification of Business within 10 days, Business Search provided is undated     Reviewer Comment (2019-06-03): Received business search
 06/03/2019     1 A   NC Second Home Purchase   C B C B C B C A Non QM Non QM No
206876503 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
206876503 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Paytubs in the file are not the most current 30 day period with YTD income. Most current paystub is dated[REDACTED] with a Pay period of[REDACTED]o [REDACTED].     Reviewer Comment (2019-07-02): Pay stub provided


Reviewer Comment (2019-06-21): Unable to waive


Reviewer Comment (2019-06-15): Paystubs are from [REDACTED]


Buyer Comment (2019-06-13): Per guidelines two most recent pay stubs covering a 30-day period is ok. the pay stubs you have is within that guideline.

thanks,
 07/02/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
206876522 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876522 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Borrowers social security number was not recognized by the automated research and a copy of the borrowers social security card was needed to validate number. No third party validation of the legitimacy of the social security number.     Reviewer Comment (2019-06-19): Received Attestation letter that SS# is clear per the [Redacted]
 06/19/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876522 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Online transfers to # [Redacted]  on  [Redacted]  statement were excluded from the  [Redacted] income calculation.     Reviewer Comment (2019-06-27): updated income input


Reviewer Comment (2019-06-21): Missing evidence that source accounts are business accounts.


Buyer Comment (2019-06-20): The transfers in clearly identify the borrower's business.  That is enough information to rely on to establish that they were transfers from a business account.


Reviewer Comment (2019-06-19): Issue remains EV3 for a copy of thexx/xx/xxxxxx [Redacted]  source business account of 5 transfers all onxx/xx/xxxxxx to  [Redacted]  # [Redacted]  [REDACTED].totaling $ [Redacted]  that were included in Lender's average.
 06/27/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876522 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Online transfers to # [Redacted] on  [Redacted] statement were excluded from the  [Redacted]  income calculation.     Reviewer Comment (2019-06-27): updated income input


Reviewer Comment (2019-06-21): The borrower's business name is identified as a reference number and does not evidence the source accounts are acceptable.  Please provide documentation that # [Redacted] , # [Redacted]  and # [Redacted]  are all business accounts and that the transfers totaling $ [Redacted] meet guidelines.


Buyer Comment (2019-06-20): The transfers in clearly identify the borrower's business.  That is enough information to rely on to establish that they were transfers from a business account.


Reviewer Comment (2019-06-19): Issue remains EV3 for a copy of thexx/xx/xxxxxx [Redacted] source business account of 5 transfers all onxx/xx/xxxxxx to  [Redacted]  # [Redacted]  [Redacted] totaling $ [Redacted]  that were included in Lender's average.
 06/27/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876522 [REDACTED]         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     Reviewer Comment (2019-06-27): updated income
 06/27/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A C A Non QM Non QM Yes
206876522 [REDACTED]         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     Reviewer Comment (2019-06-27): updated income
 06/27/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876522 [REDACTED]         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 64.00414% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI     Reviewer Comment (2019-06-27): updated income
 06/27/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206876542 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
206876542 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing tax and insurance verification along with currency conversion  for REO property [Redacted]     Reviewer Comment (2019-06-18): Rec'd currency conversion.


Reviewer Comment (2019-06-15): Missing currency conversion to calculate PITIA
 06/18/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
206876542 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing currency conversion to confirm monthly mortgage for REO investment property located at  [Redacted]     Reviewer Comment (2019-06-18): Rec'd currency conversion.


Reviewer Comment (2019-06-15): Missing currency conversion to calculate PITIA


Reviewer Comment (2019-06-11): currency conversion to confirm monthly mortgage principal, interest, hazard insurance and property taxes for REO investment property located at xxx, (redacted) (redacted) (redacted) was not received
 06/18/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
206876544 [REDACTED]         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 [REDACTED]sclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Field left blank     Reviewer Comment (2019-06-14): Borrower shopped for title fees - no tolerance
 06/14/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206876544 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No change of circumstance for the addition of the guarantee fee.     Reviewer Comment (2019-06-14): Borrower shopped for title fees - no tolerance
 06/14/2019     1 A   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 C A Non QM Non QM Yes
206876544 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-06-20): Amended Evidence of Property Insurance issued by  [Redacted]  datedxx/xx/xxxxxx now documents  sufficient $ [Redacted]  dwelling coverage.  Annual premium for $ [Redacted] dwelling coverage now documented as $ [Redacted]  but is not documented as paid in full.  EV3 added for evidence increased coverage is paid in full.


Reviewer Comment (2019-06-15): Evidence of Property Insurance issued by  [Redacted]  datedxx/xx/xxxxxx documents $ [Redacted] insufficient dwelling coverage @ $ [Redacted]  annual premium paid through closing.  Amended Evidence of Property Insurance issued by  [Redacted]  datedxx/xx/xxxxxx now documents  sufficient $ [Redacted]   dwelling coverage with annual premium to be determine.    Issue remains EV3 for  [Redacted]  invoice stating annual premium for [Redacted]  dwelling coverage and verification full premium is paid in full
 06/20/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
206876544 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-14): received desk review
 06/14/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
206876544 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   missing fully executed closing statement for the sale of  [Redacted]  to confirm the final net proceeds borrower received.     Reviewer Comment (2019-06-20): Copy of signed final closing disclosure provided (D0185) documents sale on xx/xx/xxxxxx (= subject loanxx/xx/xxxxxx disbursement date D0121), payoff of  [Redacted]  and $ [Redacted]  net proceeds to Borrower.


Reviewer Comment (2019-06-15): Duplicate copy of Estimated Settlement Statement for sale of  [Redacted] .  Issue remains EV3 or a signed Final Settlement Statement confirming sale of  [Redacted] , payoff of  [Redacted] net proceeds to Borrower prior toxx/xx/xxxxxx subject loan disbursement date
 06/20/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
206876544 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence new $ [Redacted] annual premium for $ [Redacted] increased sufficient dwelling coverage submitted[REDACTED] paid in full.    $ [Redacted]  annual premium for $ [Redacted] dwelling coverage was paid through closing.     Reviewer Comment (2019-06-28): Received Dec page, coverage increased
 06/28/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
206889194 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Loan is an ARM and the note contains assumption verbiage.  CD discloses the loan is not assumable.             2 B   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
206889194 [REDACTED]         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 CD in file [REDACTED], was not signed or dated, so cannot confirm the date received     Reviewer Comment (2019-06-05): Disclosure summary provided


Buyer Comment (2019-06-05): Please see Disclosure Tracking Summary. Borrower eConsented on [REDACTED]initial CD sent and received on [REDACTED].
 06/05/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
206889195 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NV Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
206889195 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. Closing costs financed disclosed at 0             2 B   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206889195 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Seller disclosure     Reviewer Comment (2019-06-06): [REDACTED] received required documents, exception is cleared.
 06/06/2019     1 A   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206889195 [REDACTED]         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 $328.13 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. A cure was not provided for the rate lock extension fee     Reviewer Comment (2019-06-06): [REDACTED] received required documents, exception is cleared.
 06/06/2019     1 A   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 A A C B C A Non QM Non QM Yes
206889196 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-06-05): Rec'd loan approval.


Buyer Comment (2019-06-05): The underwriting approval is attached.
 06/05/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206889196 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206889196 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Entered as Disclosed on Final CD     Reviewer Comment (2019-06-13): Letter of Explanation & Corrected Closing Disclosure provided
   06/13/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206889196 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cure not provided     Reviewer Comment (2019-06-14): Letter of Explanation, Copy of Refund Check, and Corrected CD provided.


Buyer Comment (2019-06-14): PCCD attached please review and clear.  Thank you.


Reviewer Comment (2019-06-13): Letter of Explanation, Copy of Refund Check, and Corrected CD.  Please provide Proof of Delivery to cure.


Buyer Comment (2019-06-12): Hello,
PCCD documents attached.  Please review and clear.  Thanks.
   06/14/2019   2 B   TX 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
206889196 [REDACTED]         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   TX 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 C B C A Non QM Non QM Yes
206889196 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Copy of Refund Check, and Corrected CD.  Please provide Proof of Delivery to cure.     Reviewer Comment (2019-06-14): Letter of Explanation, Copy of Refund Check, and Corrected CD provided.
   06/14/2019   2 B   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM Yes
206925872 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided   Missing addendum to purchase agreement changing sales price to $[REDACTED].     Reviewer Comment (2019-06-29): Contract addendum provided. Exception is clear.
 06/29/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. The coborrower's assets were not included although stated on final 1003. Borrower on this Full documentation loan has a disposable income of $7143.51

648 representative FICO score > 600 guideline minimum - 48 points above guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-05): CRE rec'd in trailing docs.
     07/05/2019 2 B   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Note city is [REDACTED].  Insurance city is [REDACTED].     Reviewer Comment (2019-07-05): Rec'd corrected declarations page in trailing docs.


Reviewer Comment (2019-06-29): Address needs to match Note.


Reviewer Comment (2019-06-14): Issue remains EV3 for amended evidence of insurance reflecting insured address as [REDACTED], [REDACTED] as per Note


Buyer Comment (2019-06-12): Please be advised, per [REDACTED] Look Up, either [REDACTED]or [REDACTED] are acceptable for [REDACTED].  Therefore, the Note and the hazard policy are both correct.
 07/05/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___       Reviewer Comment (2019-06-29): n/a, K-1 calculation on Final 1003
 06/29/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. City name on Appraisal doesn't match Note.     Reviewer Comment (2019-06-14): Issue remains EV3 for signed addendum to appraisal report from original appraiser indicating property address as [REDACTED], [REDACTED] as per Note
       2 B   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 7.34220% or Final Disclosure APR of 7.37300% is in excess of allowable threshold of USTreasury 2.9600% + 3%, or 5.96000%.  Compliant Subprime Loan.               2 B   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         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 [REDACTED] 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. Section K payoffs $[REDACTED], Addendum $[REDACTED].             2 B   MN Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
206925872 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Departing residence included in DTI, need a copy of fully executed Settlement Statement for sale of [REDACTED].     Reviewer Comment (2019-06-14): Signed Final Closing Disclosure documents [REDACTED] sale of [REDACTED] departure residence, payoff of [REDACTED] FHA loan and $85,907.92 net proceeds to Borrower.  Revised DTI 50.53% below maximum allowed.
 06/14/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Need a copy of fully executed Settlement Statement for sale of [REDACTED].     Reviewer Comment (2019-06-14): Signed Final Closing Disclosure documents [REDACTED] sale of [REDACTED] departure residence, payoff of [REDACTED] FHA loan and $85,907.92 net proceeds to Borrower.
 06/14/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         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. added departing residence to DTI - missing signed settlement statement     Reviewer Comment (2019-06-21): Signed Final Closing Disclosure documents [REDACTED] sale of [REDACTED] departure residence, payoff of [REDACTED] FHA loan and $85,907.92 net proceeds to Borrower.
 06/21/2019     1 A   MN Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D B C B C A Non QM Non QM Yes
206925872 [REDACTED]         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. added departing residence to DTI - missing signed settlement statement     Reviewer Comment (2019-06-21): Signed Final Closing Disclosure documents [REDACTED] sale of [REDACTED] departure residence, payoff of [REDACTED] FHA loan and $85,907.92 net proceeds to Borrower.
 06/21/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925872 [REDACTED]         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 65.01598% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) added departing residence to DTI - missing signed settlement statement     Reviewer Comment (2019-06-21): Signed Final Closing Disclosure documents [REDACTED] sale of [REDACTED] departure residence, payoff of [REDACTED] FHA loan and $85,907.92 net proceeds to Borrower.
 06/21/2019     1 A   MN Primary Purchase   D B D B C B C A Non QM Non QM No
206925873 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating Factors: 1) Credit History. 2) Residual Income. Borrower on this Bank Statement documentation loan has a disposable income of $146,419.33 Originator Reviewer Comment (2019-06-07): Compensating Factors: 1) Credit History. 2) Residual Income.
     06/07/2019 2 B   TX Primary Purchase   C B C B A A C A Non QM Non QM No
206925873 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Policy effective date [REDACTED] is after note date [REDACTED].     Reviewer Comment (2019-06-13): Policy provided confirms [REDACTED] to [REDACTED] policy period.  Lender's correspondence dated [REDACTED] states there have been no claims placed on property
 06/13/2019     1 A   TX Primary Purchase   C B C B A A C A Non QM Non QM No
206925873 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Insufficient funds as lender used[REDACTED] balance of business account ending  [REDACTED] rather than the most recent balance from statement ending[REDACTED].     Reviewer Comment (2019-07-08): received other bank account info with wire confirmation


Reviewer Comment (2019-07-02): Received Lender's response, the assets has been reviewed and as of [REDACTED] assets are $64,257.43 acct [REDACTED].  Documented qualifying Assets for Closing of $30,784.72 is $31,948.20 less than $62,732.92 cash required from Borrower. [REDACTED] mutual funds and IRA funds excluded from closing.   Verification of liquidation and receipt is not documented in file.  [REDACTED] [REDACTED] $25,584.72 business account balance (D0191) included in qualifying assets is per statement dated [REDACTED].  Lender's comment regarding $64,257.43 is based on an outdated balance for [REDACTED] [REDACTED] per an earlier statement dated [REDACTED] (D0024).  Issue remains EV3.


Reviewer Comment (2019-06-25): Received Lender's response, the assets has been reviewed and as of [REDACTED] assets are $64,257.43 acct [REDACTED].  Documented qualifying Assets for Closing of $30,784.72 is $31,948.20 less than $62,732.92 cash required from Borrower. [REDACTED] mutual funds and IRA funds excluded from closing.   Verification of liquidation and receipt is not documented in file.  [REDACTED] [REDACTED] $25,584.72 business account balance (D0191) included in qualifying assets is per statement dated [REDACTED].  Lender's comment regarding $64,257.43 is based on an outdated balance for [REDACTED] [REDACTED] per an earlier statement dated [REDACTED] (D0024).  Issue remains EV3.


Buyer Comment (2019-06-24): The assets has been reviewed and as of [REDACTED] assets are $64,257.43 acct [REDACTED].
 07/08/2019     1 A   TX Primary Purchase   C B C B A A C A Non QM Non QM No
206925873 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Subject City on Note: [REDACTED] ;
Subject City on HOI:  [REDACTED]		     Reviewer Comment (2019-06-13): Policy provided confirms insured address as [REDACTED] as per Note
 06/13/2019     1 A   TX Primary Purchase   C B C B A A C A Non QM Non QM No
206925873 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   TX Primary Purchase   C B C B A A C A Non QM Non QM No
206925873 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/07/2019   1 A   TX Primary Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
206925874 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B C B A A C A N/A N/A No
206925874 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Investment property maximum LTV 80% Borrower on this Full documentation loan has a disposable income of $12,055.80

0.05962% ($0.92) housing payment increase		 Originator

Originator		 Reviewer Comment (2019-06-13): CRE provided for 85% LTV > 80% maximum


Buyer Comment (2019-06-11): CRE
     06/13/2019 2 B   FL Investment Purchase   C B C B A A C A N/A N/A No
206925877 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-06-23): received CDA
 06/23/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Credit Property - Appraisal Appraisal Adjustments Excessive site value noted on appraisal without appraiser comments to justify -       Reviewer Comment (2019-07-03): Appraiser comments on land value ratio exceeding 30%


Buyer Comment (2019-07-01): See top of page 3 of 6 for appraiser's comment.
 07/03/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance Partnership Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated Partnership Returns; 3) Most recent YTD quarterly P&L Statement (if 1065 > 90 days old at application); 4) Balance Sheet (if 1065 > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for Signature [REDACTED] required per Appendix Q for Higher Priced QM loan


Buyer Comment (2019-06-12): Please review.  Uploaded YTD P&L for companies. They are done quarterly.  (application date [REDACTED].  Tax transcripts for [REDACTED] have been uploaded.  [REDACTED] is not available.  [REDACTED] does not require tax returns to be signed by the borrower, per head of underwriting.
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance Partnership Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated Partnership Returns; 3) Most recent YTD quarterly P&L Statement (if 1065 > 90 days old at application); 4) Balance Sheet (if 1065 > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for Signature [REDACTED] required per Appendix Q for Higher Priced QM loan
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance S-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated S-Corp Returns; 3) Most recent YTD quarterly P&L Statement (if 1120S > 90 days old at application); 4) Balance Sheet (if 1120S > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for [REDACTED].  required per Appendix Q for Higher Priced QM loan
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance S-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated S-Corp Returns; 3) Most recent YTD quarterly P&L Statement (if 1120S > 90 days old at application); 4) Balance Sheet (if 1120S > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for [REDACTED]  required per Appendix Q for Higher Priced QM loan
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance S-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated S-Corp Returns; 3) Most recent YTD quarterly P&L Statement (if 1120S > 90 days old at application); 4) Balance Sheet (if 1120S > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for [REDACTED]   required per Appendix Q for Higher Priced QM loan
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance S-Corp Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). One or more of the following documents is missing: 1) Most recent 2 yrs Signed and Dated Personal Tax returns; 2) Most recent 2 yrs Signed and Dated S-Corp Returns; 3) Most recent YTD quarterly P&L Statement (if 1120S > 90 days old at application); 4) Balance Sheet (if 1120S > 90 days old at application or does not include Sched L).     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM


Reviewer Comment (2019-06-14): Missing YTD Balance Sheet signed by Borrower for  [REDACTED]  required per Appendix Q for Higher Priced QM loan
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency Qualified Mortgage (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. [REDACTED] [REDACTED] and Business Tax Returns filing on extension.             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925877 [REDACTED]         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. Self-employment documentation requirements not met.     Reviewer Comment (2019-06-19): Received amended data tape changing to Non-QM
 06/19/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C B C A C B B A Higher Priced QM Non QM Yes
206925877 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller closing disclosure was not provided.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B B A Higher Priced QM Non QM Yes
206925877 [REDACTED]         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. Received amended data tape changing to Non-QM             2 B   FL Primary Purchase   C B C A C B B A Higher Priced QM Non QM No
206925888 [REDACTED]         Credit Asset Asset Documentation Missing Document: Asset Documentation not provided   Proceeds from cashout of primary at  [Redacted] ; Lender is  [Redacted] . Missing A copy of the fully executed settlement statement; and A copy of the borrower's bank statement showing the proceeds being deposited and sufficient funds     Reviewer Comment (2019-06-21): Received signed Final Closing Disclosure (D0184) for cash-out refinance of Borrower's primary residence [Redacted]  verifying $ [Redacted] net proceeds disbursed to Borrower on  [Redacted] xx/xx/xxxxxx.  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted]  that closed and disbursed on [Redacted] xx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted] in qualifying assets < $ [Redacted]  cash required to close and EV3 for verification of 6 months PITI reserves.


Reviewer Comment (2019-06-15): Received the same incomplete CD for sale of [Redacted]  with a no Date Issued (not simultaneous).
 06/21/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
206925888 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage Shortfall: $ [Redacted]     Reviewer Comment (2019-06-27): Received RCE.    (short $0.31 cents for dec page only)


Reviewer Comment (2019-06-26): Received Replacement Cost Estimator (D0167) documenting $ [Redacted]  estimated replacement cost.   Issue remains EV3 for $ [Redacted] dwelling coverage is less than $ [Redacted]  estimated replacement cost per replacement cost estimator used by insurance agent
 06/27/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
206925888 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
206925888 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing documentation for cash out proceeds     Reviewer Comment (2019-07-01): received proof of disbursement


Reviewer Comment (2019-06-26): Received a copy of wire confirmation (D0188) confirming [Redacted]  (settlement agent for [Redacted]  refinance) wired $ [Redacted]  (of $ [Redacted]  total cash out) to  [Redacted] . (settlement agent for  [Redacted]  purchase) onxx/xx/xxxxxx, 6 days after subject loan closed and disbursed onxx/xx/xxxxxx,  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted]  that closed and disbursed on  [Redacted] xx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted] in qualifying assets < $ [Redacted]  cash required to close and EV3 for verification of 6 months PITI reserves.


Reviewer Comment (2019-06-24): Received a duplicate copy (D0186) of signed Final Closing Disclosure (D0184) for cash-out refinance of Borrower's primary residence  [Redacted] verifying $ [Redacted]  net proceeds disbursed to Borrower on  [Redacted]  xx/xx/xxxxxx.  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted]  that closed and disbursed on  [Redacted] x/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted]  in qualifying assets < $ [Redacted] cash required to close and EV3 for verification of 6 months PITI reserves.


Reviewer Comment (2019-06-21): Received signed Final Closing Disclosure (D0184) for cash-out refinance of Borrower's primary residence  [Redacted] verifying $ [Redacted]  net proceeds disbursed to Borrower on  [Redacted]  xx/xx/xxxxxx.  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted] . that closed and disbursed on  [Redacted] xx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for verification of 6 months PITI reserves
 07/01/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
206925888 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing documentation for cash out proceeds     Reviewer Comment (2019-07-01): received proof of disbursement


Reviewer Comment (2019-06-26): Received a copy of wire confirmation (D0188) confirming  [Redacted]  (settlement agent for [Redacted]  refinance) wired  [Redacted] (of $ [Redacted]  total cash out) to  [Redacted]  Inc. (settlement agent for [Redacted]  purchase) onxx/xx/xxxxxx, 6 days after subject loan closed and disbursed on xx/xx/xxxxxx,  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted] that closed and disbursed on  [Redacted]  xx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted]  in qualifying assets < $ [Redacted]  cash required to close and EV3 for verification of 6 months PITI reserves.


Reviewer Comment (2019-06-24): Received a duplicate copy (D0186) of signed Final Closing Disclosure (D0184) for cash-out refinance of Borrower's primary residence  [Redacted]  verifying $ [Redacted] net proceeds disbursed to Borrower on  [Redacted]  xx/xx/xxxxxx.  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted]  that closed and disbursed on  [Redacted]  xx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted]  in qualifying assets < $ [Redacted]  cash required to close and EV3 for verification of 6 months PITI reserves.


Reviewer Comment (2019-06-21): Received signed Final Closing Disclosure (D0184) for cash-out refinance of Borrower's primary residence [Redacted] verifying $ [Redacted]  net proceeds disbursed to Borrower on  [Redacted]  xx/xx/xxxxxx.  Funds were not available to apply towards closing or reserves for purchase of investment property,  [Redacted] . that closed and disbursed on Thursdayxx/xx/xxxxxx per signed Final Closing Disclosure (D0130).   Issue remains EV3 for $ [Redacted] in qualifying assets < $ [Redacted]  cash required to close.
 07/01/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
206925903 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Cost to cure $ [REDACTED]  due Borrower.  Fee was not disclosed with valid Change in Circumstance.  Loan file contains evidence that Change occurred [REDACTED] was disclosed to Borrower  [REDACTED]outside of 3 day window.  Loan file contains further evidence that an interim CD dated [REDACTED] was provided to Borrower; however, was not present in documentation.     Reviewer Comment (2019-06-27): COC - loan amount increase and rate buy-down


Reviewer Comment (2019-06-25): (REDACTED) received Disclosure Summary indicating a revised CD datedxx/xx/xxxxxxas sent to the Consumer. Please provide this CD for review and further testing.


Buyer Comment (2019-06-25): [Redacted] we did disclosed to the borrower 3 days prior to closing. see information uploaded. When changes were made onxx/xx/xxxxxx amount and fees went down. Therefore we didn't have to disclosed to the borrower. Please see document attached for proof. Invalid condition.
 06/27/2019     1 A   TN 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
206925903 [REDACTED]         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 [REDACTED]sclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $ [Redacted] , calculated value $ [Redacted]     Reviewer Comment (2019-06-27): $190.00 cure provided at closing for tolerance exception
 06/27/2019     1 A   TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206925903 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Settlement statement for sale of departing residence was not final or fully executed as required by guideline.     Reviewer Comment (2019-06-27): Signed final closing statement documenting sale of departure residence provided.   $ [Redacted] net proceeds applied towards closing and reserves
 06/27/2019     1 A   TN Primary Purchase   C A C A C A C A Non QM Non QM No
206925903 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Settlement statement for sale of departing residence was not final or fully executed as required by guideline.     Reviewer Comment (2019-06-27): Signed final closing statement documenting sale of departure residence provided.   $ [Redacted] net proceeds applied towards closing and reserves
 06/27/2019     1 A   TN Primary Purchase   C A C A C A C A Non QM Non QM No
206925903 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   TN Primary Purchase   C A C A C A C A Non QM Non QM No
206925903 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of existence of business and self employment within 10 days of closing was provided by Borrower CPA.  CPA verification was not provided.     Reviewer Comment (2019-06-26): Third party verification datedxx/xx/xxxxxx
 06/26/2019     1 A   TN Primary Purchase   C A C A C A C A Non QM Non QM No
206925903 [REDACTED]         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 $665.00 exceeds tolerance of $475.00.  Sufficient or excess cure was provided to the borrower at Closing. $190.00 cure provided at closing for tolerance exception         06/27/2019   1 A   TN Primary Purchase Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
206925908 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. Caused by minimum rate CD 5% vs minimum rate note 4%.     Reviewer Comment (2019-07-03): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission provided and expired [REDACTED].


Reviewer Comment (2019-06-28): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission provided and expires [REDACTED].  Exception to be cured once recession expires.
   07/03/2019   2 B   SC 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 C A Higher Priced QM Higher Priced QM Yes
206925908 [REDACTED]         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 [REDACTED] disclosed a Minimum Interest Rate that does not match the actual minimum interest rate for the loan. Note reported a minimum interest rate of 4% versus the Final CD reporting 5%.     Reviewer Comment (2019-06-28): Letter of Explanation & Corrected Closing Disclosure provided
   06/28/2019   2 B   SC Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Higher Priced QM Higher Priced QM Yes
206925908 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   SC Primary Refinance - Cash-out - Other   C B A A C B C A Higher Priced QM Higher Priced QM No
206925908 [REDACTED]         Compliance Compliance Federal Compliance QM Employment History - Current and/or Previous Employment Documentation lacks Date Info Qualified Mortgage (Dodd-Frank 2014): Missing Employment Dates to verify two years employment history for current and/or prior employment. VVOE missing for prior employer             2 B   SC Primary Refinance - Cash-out - Other   C B A A C B C A Higher Priced QM Higher Priced QM No
206925909 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206925909 [REDACTED]         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 $1,466.63 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-06-20): Letter of Explanation & Corrected Closing Disclosure provided
   06/20/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206925909 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $ [Redacted] in fees that exceed tolerance, No offer to cure.     Reviewer Comment (2019-06-20): Borrower shopped for title fees  - subject to no tolerance
 06/20/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206925909 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $[Redacted].  Insufficient or no cure was provided to the borrower. Fee not disclosed on Loan Estimate, no valid change of circumstance addressing the additional fee.     Reviewer Comment (2019-06-20): Borrower shopped for title fees  - subject to no tolerance
 06/20/2019     1 A   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
206925909 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Bank Statement program account requirements not met due to NSFs exceed program requirements. Compensating factors cited: 1) Credit History and 2) Residual income. Credit History - Borrowers' credit history reflects borrower is a responsible credit user and does not have any adverse credit reported.

Residual - Borrower on this  [Redacted] documentation loan has a disposable income of $[Redacted] exceeding the $[Redacted] minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-06): Exception granted NSF activity supported by compensating factors.
     06/06/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206925914 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Borrower's final signature not provided on Final 1003     Reviewer Comment (2019-06-24): Received document (D0199)  showing Borrower agreed and that the  did sign 1003, but signed in incorrect spot of 1003.
 06/24/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
206925914 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
206925914 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.40420% or Final Disclosure APR of 7.42400% is in excess of allowable threshold of APOR 4.70% + 1.5%, or 6.20000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-08-06): Updated previous purchase price


Reviewer Comment (2019-06-26): prior transaction to current is less than 180 days


Buyer Comment (2019-06-21): Per Compliance: We do Non-HPML loans on a regular basis.  This should not be an exception.
 08/06/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
206925914 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals.       Reviewer Comment (2019-08-06): Updated previous purchase price


Reviewer Comment (2019-08-05): This is a federal HMPL, has nothing to do with lender's guidelines


Buyer Comment (2019-08-01): Guideline #14 --Portfolio Select title "Flip Policy"


Buyer Comment (2019-08-01): Per our guidelines we allow for flip properties.  When the flip value is less than 10% of the original purchase price a second appraisal is not required.
Please advise - as this meets our guides.


Reviewer Comment (2019-07-03): Cannot waive


Reviewer Comment (2019-07-01): Rec'd exception, ok to proceed without 2nd appraisal.


Reviewer Comment (2019-06-26): prior transaction to current is less than 180 days


Buyer Comment (2019-06-24): Please review this.  UW is certain this is not a valid condition as property is not a flip.


Buyer Comment (2019-06-21): Per UW: This is not a flip property, nor need a 2nd appraisal because none of these items apply to it per guidelines.

- If great than 10% or greater than 20%
 08/06/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
206925914 [REDACTED]         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.       Reviewer Comment (2019-07-03): Received


Reviewer Comment (2019-06-24): D0184 documents ARM disclosure sent[REDACTED]


Buyer Comment (2019-06-24): Per Compliance: If we sent the Initial Disclosures by [REDACTED], there's no way we were out of Compliance for the three days


Buyer Comment (2019-06-24): The borrower eSigned on [REDACTED], but consented on [REDACTED].


Reviewer Comment (2019-06-22): Borrower consented to receiving disclosures electronically on[REDACTED], allowing Lender to send on[REDACTED] the initial ARM  Disclosure electronically.  Document was viewed by Borrower on[REDACTED] (D0183).


Buyer Comment (2019-06-21): We sent the eConsent on [REDACTED] and the disclosure went out on [REDACTED].  The Brwr eSigned on [REDACTED], but consented on [REDACTED].  Please waive.
 07/03/2019     1 A   AZ Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
206925914 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final CD consummation date was listed incorrectly.             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206925916 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   The loan amount increased prior to closing and the file did not include an updated commitment.     Reviewer Comment (2019-06-21): $ [Redacted]  Final Title Policy provided
 06/21/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
206925916 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-06-21): $ [Redacted] Final Title Policy provided
 06/21/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
206925916 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan.         Reviewer Comment (2019-06-26): Revised 1004 provided indicating property is tenant occupied (D0336)
 06/26/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
206925916 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Lowest middle score was used,  Exception was not noted by lender. 12.87 months reserves > 4 months guideline minimum

$25,105.60 Residual Income on this Full documentation loan > $1,500.00 minimum		 Originator

Originator		 Reviewer Comment (2019-06-21): CRE provided for 672 FICO < 680 minimum required
     06/21/2019 2 B   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
206925917 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approved by lender.  Compensating factors are Credit Score and Credit History. [Redacted] representative FICO score > [Redacted] guideline minimum for  [Redacted] program

Credit history; zero lates

[Redacted]% DTI on this 12-m business [Redacted] program documentation loan < [Redacted] guideline max		 Originator

Originator

AMC		 Reviewer Comment (2019-06-10): Dxxx lender approved on at least x months requirement not met.
     06/10/2019 2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM No
206925917 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   FL Primary Purchase   C B C B C B C A Non QM Non QM No
206925917 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock max per guidelines is 350%. [Redacted] and [Redacted] mid scores > [Redacted] guideline minimum. Originator Reviewer Comment (2019-06-18): Rec'd exception for payment shock > guidelines.
     06/18/2019 2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM No
206925917 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-06-13): Replacement Cost Estimator provided.   $xxx,xxx.xx dwelling coverage > $xxx,xxx.xx estimated replacement cost
 06/13/2019     1 A   FL Primary Purchase   C B C B C B C A Non QM Non QM No
206925917 [REDACTED]         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 [REDACTED] disclosed a Minimum Interest Rate that does not match the actual minimum interest rate for the loan. Minimum Interest Rate on Final CD in AIR table reflects 4%, however the ARM Rider states minimum can never be less than the margin which is 5%.     Reviewer Comment (2019-06-14): Letter of Explanation & Corrected Closing Disclosure provided.
   06/14/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206925917 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. Principal and Interest Payment on Final CD for payment stream 3 does not match that of the loan.     Reviewer Comment (2019-06-14): Letter of Explanation sent via email and received & Corrected Closing Disclosure provided.
   06/14/2019   2 B   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 C A Non QM Non QM Yes
206925917 [REDACTED]         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 [REDACTED] disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. Principal and Interest Payment on Final CD for payment stream 4 does not match that of the loan.     Reviewer Comment (2019-06-14): Letter of Explanation sent via email and received & Corrected Closing Disclosure provided.
   06/14/2019   2 B   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 C A Non QM Non QM Yes
206926859 [REDACTED]         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 [REDACTED]sclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $4.00     Reviewer Comment (2019-06-17): Fee subject to 10% tolerance not 0% - exception cleared
 06/17/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
206926859 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-06-17): Fee subject to 10% tolerance not 0% - exception cleared
 06/17/2019     1 A   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 A A A Non QM Non QM Yes
206926859 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. (REDACTED) 80% LTV is less than 85% maximum

11.92 months reserves > 6 months guideline minimum

75.61163% ($975..39) payment shock is less than 250% maximum		 Originator

Originator

Originator		 Reviewer Comment (2019-06-26): CRE provided for 656 score < 680 minimum
     06/26/2019 2 B   TX Primary Purchase   C B C B C A A A Non QM Non QM No
206926869 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-06-23): Received CDA
 06/23/2019     1 A   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
206926869 [REDACTED]         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 $ [REDACTED] on Final Closing Disclosure provided on [REDACTED]t accurate.       Reviewer Comment (2019-06-17): Letter of Explanation & Corrected Closing Disclosure provided
   06/17/2019   2 B   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206926869 [REDACTED]         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 [REDACTED]sclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure for Title - Policy Guarantee Fee. Fee Amount of $2.00.     Reviewer Comment (2019-06-17): borrower shopped for title fees - no tolerance testing
 06/17/2019     1 A   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206926869 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure for Title - Policy Guarantee Fee. Fee Amount of $2.00.     Reviewer Comment (2019-06-17): borrower shopped for title fees - no tolerance testing
 06/17/2019     1 A   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
206926869 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___   54.36364%% LTV < 85.00 guideline maximum

Co-borrower has employment stability for 15.96 years employed by (REDACTED)		 Originator

Originator		 Reviewer Comment (2019-06-26): Received CRE


Reviewer Comment (2019-06-22): Received CRE (D0184) for missing  [Redacted] YTD P&L for  [Redacted]  for Borrower's sole proprietorship.  Issue remains EV3 for  missing verification of the existence of the   [Redacted]  required within ten (10) days ofxx/xx/xxxxxx closing.  CA letter provided dated  [Redacted] (D0182) is dated 16 days prior to closing.


Reviewer Comment (2019-06-17): Missing YTD P&L for  [Redacted]  for Borrower's sole proprietorship was not received.  P&L is required due toxx/xx/xxxxxx loan application date > 90 days after the [Redacted] business tax year.  Missing verification of the existence of the   [Redacted]  required within ten (10) days ofxx/xx/xxxxxx closing.  CA letter provided dated  [Redacted] is dated 16 days prior to closing.
     06/26/2019 2 B   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
206926879 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
206926881 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-06-13): Executed Security Instrument provided
 06/13/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Initial CD dated[REDACTED] per the disclosure summary was not provided.     Reviewer Comment (2019-06-13): Initial Closing Disclosure dated x/xx/xxxx (Dxxxx) provided
 06/13/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Reserves were not met.  Lender exception was provided citing DTI and residual income as compensating factors. [Redacted]% DTI on this 12 month personal [Redacted] [Redacted] documentation loan < [Redacted] guideline max - 21.8109% below program guideline maximum

Borrower on this [Redacted] [Redacted]ernative documentation loan has a disposable income of $[Redacted].  Minimum for program is $[Redacted].		 Originator

Originator		 Reviewer Comment (2019-06-11): CRE Dxxx
     06/11/2019 2 B   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.         Reviewer Comment (2019-06-13): Evidence of insurance indicates Lender - including successors and assigns
 06/13/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months of seller prepaid property taxes was not provided.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
206926881 [REDACTED]         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 CD dated[REDACTED] per the disclosure summary was not provided.     Reviewer Comment (2019-06-13): Security Instrument provided
 06/13/2019     1 A   FL Primary Purchase No Defined Cure D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Vesting was not provided on the commitment.  The security instrument and deed were not provided.     Reviewer Comment (2019-06-13): Proposed insured, Security Instrument: (redacted)


Buyer Comment (2019-06-13): See page x vesting matches
 06/13/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided   Missing PUD Rider     Reviewer Comment (2019-06-17): PUD Rider provided


Buyer Comment (2019-06-14): PUD rider was sent xx/xx--re-look at uploaded xx/xx
 06/17/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - ARM not provided   Missing ARM Rider     Reviewer Comment (2019-06-13): Executed ARM Rider provided
 06/13/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         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. Missing evidence as to when the valuation was provided to the borrower.             2 B   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926881 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   Missing Warranty Deed from  [Redacted],  [Redacted]to  [Redacted]     Reviewer Comment (2019-06-17): General Warranty Deed (Dxxxx) provided
 06/17/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (No evidence that borrower received copies of all documents signed at closing) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   No evidence that borrower(s) received copies of all documents signed at time of closing.       Reviewer Comment (2019-06-17): in file
 06/17/2019     1 A   TX Primary Refinance - Cash-out - Other Either Deliver the required documents to the borrower or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.)               2 B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A A C B A A Non QM Non QM No
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Evidence of Guaranty Surety) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   Evidence of Guaranty or Surety of a TX Home Equity loan in file.       Reviewer Comment (2019-06-17): no evidence
 06/17/2019     1 A   TX Primary Refinance - Cash-out - Other Send the borrower a written acknowledgement that the lien is valid only against the subject property and cannot be collected against the Evidence of Guaranty Surety. C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-06-17): Fair Market Value properly executed by the Lender was provided
 06/17/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Loan Not Closed At Office of Lender, Attorney, or Title Company) Texas Constitution Section 50(a)(6):  Unable to determine if loan was closed an an authorized location due to missing documentation.       Reviewer Comment (2019-06-17): in file
 06/17/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B A A Non QM Non QM No
206926883 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-06-14): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   06/14/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided Timely) Texas Constitution Section 50(a)(6):  Acknowledgment of the Fair Market Value not provided to borrower at closing. Document was not provided in the required time frame.     Reviewer Comment (2019-06-17): corrected year received from [REDACTED]
 06/17/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit has been exceeded for total closing costs.     Reviewer Comment (2019-06-14): Tolerance exceptions have been addressed. Exception Cleared.
 06/14/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
206926883 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Zero percent fee tolerance was exceeded and borrower was not notified.     Reviewer Comment (2019-06-14): A cure was provided on the final CD. Exception Cleared.
 06/14/2019     1 A   TX 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
206926883 [REDACTED]         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 $32.48 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero percent fee tolerance was exceeded and borrower was not notified.     Reviewer Comment (2019-06-14): [REDACTED] reviewed exception. The fee was paid to the same provider. Exception Cleared.
 06/14/2019     1 A   TX 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
206926883 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero percent fee tolerance was exceeded and borrower was not notified.     Reviewer Comment (2019-06-14): [REDACTED] reviewed exception. The fee was paid to the same provider. Exception Cleared.
 06/14/2019     1 A   TX 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
206926883 [REDACTED]         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 $[REDACTED] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero percent fee tolerance was exceeded and borrower was not notified.     Reviewer Comment (2019-06-14): [REDACTED] reviewed exception. The fee was paid to the same provider. Exception Cleared.
 06/14/2019     1 A   TX 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
206926883 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Sufficient or excess cure was provided to the borrower at Closing. A cure was provided on the final CD. Exception Cured.         06/14/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
206926890 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   PA Investment Refinance - Cash-out - Other   C A A A     C A     No
206928164 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IL Primary Refinance - Cash-out - Debt Consolidation   C B A A B B C A Non QM Non QM No
206928164 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final CD reflected an error in the number of months for HOI.  Final CD shows 1 month of HOI for $[REDACTED] which is not correct. One month of HOI is $[REDACTED].             2 B   IL Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
206939585 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit exception: Max cash out $[REDACTED], exception made  to go over $[REDACTED] at 65% LTV. Compensating Factors: Credit Score Compensating Factors: Credit Score Originator Pre-Close Reviewer Comment (2019-06-13): CRE D002
     06/13/2019 2 B   NJ Investment Refinance - Cash-out - Other   C B C B     C A     No
206939585 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-07-02): Co-borrower's USA Permanent Resident alien card provided (D0217)
 07/02/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B     C A     No
206939585 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B     C A     No
206939605 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Primary Purchase   C A C A C A B A Non QM Non QM No
206939605 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   The Hazard Insurance Policy Effective Date of [REDACTED] is after the Transaction Date of [REDACTED].     Reviewer Comment (2019-06-17): Amended Evidence of Property Insurance dated[REDACTED] reflects effective date[REDACTED] =[REDACTED] disbursement date
 06/17/2019     1 A   GA Primary Purchase   C A C A C A B A Non QM Non QM No
206939605 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $5.00     Reviewer Comment (2019-06-18): Attestation received borrower provider further outsourced wire fee.  Fee subject to 10% testing not 0%
 06/18/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A B A Non QM Non QM Yes
206939605 [REDACTED]         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 $5.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-06-18): Attestation received borrower provider further outsourced wire fee.  Fee subject to 10% testing not 0%
 06/18/2019     1 A   GA 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 B A Non QM Non QM Yes
206939606 [REDACTED]         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.   Missing rent loss or loss of use coverage. (Guideline 6.36)     Reviewer Comment (2019-07-03): Rec'd updated policy declarations in trailing docs.


Reviewer Comment (2019-06-20): CRE provided for evidence of landlord insurance. Exception cannot be waived due to subject rental income was used to qualify using Schedule E method. Neg rent -$511.26.  DTI 44.19961% and ratio 55.16% > 55% not using rental income to offset $843.59 PITI payment. Issue remains EV3 for evidence of rent loss insurance covering at least six (6) months of the gross monthly rent is required.
 07/03/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A B A N/A N/A No
206939606 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Cash out cannot be used for Reserves for investment properties (Guideline 3.15) 44.19961% DTI on this Full documentation loan < 55.00% guideline maximum

Residual Income on this Full documentation loan is $1,692.61 > $1,500.00 minimum

0 x 30 x 48 [REDACTED] ([REDACTED]) VOM/rating reported to credit bureaus for mortgage loan secured by primary residence [REDACTED]		 Originator

Originator

AMC		 Reviewer Comment (2019-06-18): CRE provided for 4 months PITI reserves requirement not met
     06/18/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B A A B A N/A N/A No
206939606 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A B A N/A N/A No
206939610 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage shortfall:  $[REDACTED].  UW included law and ordinance coverage 10% which is not extended replacement coverage.     Reviewer Comment (2019-06-28): RCE provided verifying cost to rebuild is $518,095.75. Coverage is sufficient. Exception is clear.


Buyer Comment (2019-06-28): The insurance agent's cost to rebuild calc. We can't make them get more insurance than what the agent is saying it would cost to rebuild the property.


Reviewer Comment (2019-06-25): Received CRE (D0205) for insufficient hazard insurance coverage.  Unable to waive requirement for evidence of sufficient dwelling insurance coverage on subject property.  [REDACTED] dwelling coverage is less than minimum [REDACTED] required.
 06/28/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
206939610 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
206939610 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Total of 16 NSFs in the most recent 12 months.  Letter of explanation regarding NSF activity and lender exception were not provided.     Reviewer Comment (2019-06-23): 1008 (D0203) states NSF reviewed by UW
 06/23/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
206940652 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Investment Refinance - Cash-out - Other   C A A A     C A     No
206946190 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     B A     No
206946190 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Guarantors did not sign the Note individually as Guarantors.     Reviewer Comment (2019-07-03): Fully executed Note provided
 07/03/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     B A     No
206946191 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
206946191 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Maximum cash out is $[REDACTED]. 788 representative FICO score > 640 guideline minimum

70% LTV > 75% maximum		 Originator

Originator		 Reviewer Comment (2019-06-26): CRE provided for [REDACTED] > [REDACTED] maximum
     06/26/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
206946192 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
206946198 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
206946199 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C A A A     C A     No
206946200 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C B C B     C A     No
206946200 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   737X representative FICO score > 660 guideline minimum Originator Reviewer Comment (2019-06-25): CRE provided for 0.08 months reserves < 6 months minimum
     06/25/2019 2 B   CA Investment Purchase   C B C B     C A     No
206946201 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-07-03): FSD score is .041
 07/03/2019     1 A   TX Investment Purchase   C B C B     C A     No
206946201 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing Appraisal Assignment Letter From [REDACTED] to [REDACTED] Compensating Factors: Credit Score, Credit History and Reserves Originator Pre-Close Reviewer Comment (2019-06-20): CRE D159
     06/20/2019 2 B   TX Investment Purchase   C B C B     C A     No
206946201 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C B C B     C A     No
206948283 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CO Primary Purchase   C B A A B B C A Non QM Non QM No
206948283 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD, Section F, Line 5 does not reflect the number of months of seller paid property taxes.             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
206948284 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing hazard insurance for  [REDACTED].     Reviewer Comment (2019-06-17): Borrower's states to not have insurance on  [REDACTED]. free and clear property
 06/17/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-17): HOA verification provided
 06/17/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-17): HOA verification
 06/17/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-17): Hazard Insurance provided
 06/17/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-17): HOA verification provided
 06/17/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948284 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-19): Verification of annual hazard insurance for [REDACTED] provided


Reviewer Comment (2019-06-17): issue remains EV3 for verification of annual hazard insurance for [REDACTED].  Policy provided (D0185) is for [REDACTED]
 06/19/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948287 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   B A A A A A B A Non QM Non QM No
206948290 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-03): Rec'd duplicate copy of [REDACTED] AVM with FSD score of 0.281 which is not at or below 0.2; Exception to remain.
 09/12/2019     1 A   FL Primary Purchase   C B C A A A C B Non QM Non QM No
206948290 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-19): Received documentation verifying $2,177.42 PITI for [REDACTED]
 06/19/2019     1 A   FL Primary Purchase   C B C A A A C B Non QM Non QM No
206948290 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-12): Lender provides evidence (D0169) property is free and clear


Reviewer Comment (2019-07-05): Verification of annual premium for property insurance for 2620 sq ft occupied commercial property was not provided


Reviewer Comment (2019-07-05): cleared in error


Reviewer Comment (2019-07-05): .


Reviewer Comment (2019-06-29): Please provide blanket hazard policy or evidence of borrower's hazard insurance coverage.


Reviewer Comment (2019-06-25): Received Lender's correspondence (D0163) stating [REDACTED] is a commercial property.  Property was documented as a condo with documented HOA.   Issue remains EV3 or HO-6 Hazard Insurance annual premium


Reviewer Comment (2019-06-19): Received property tax and HOA for [REDACTED].  Issue remains EV3 for HO-6 Hazard Insurance annual premium


Buyer Comment (2019-06-19): Please note per listing of house next door, there are no HOA dues.  Also, [REDACTED]is a condo, which should be covered by a blanket hazard policy through the condo association.
 07/12/2019     1 A   FL Primary Purchase   C B C A A A C B Non QM Non QM No
206948290 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-06-25): Mortgage statement documents PITI + $58.56 monthly shortage


Reviewer Comment (2019-06-22): Missing [REDACTED] statement verifying $3,255.14 payment includes escrow for property taxes and hazard insurance for [REDACTED] .   Missing annual HOA verification, if applicable, for same [REDACTED]


Reviewer Comment (2019-06-19): Received [REDACTED] for [REDACTED].  Missing [REDACTED] statement verifying $3,255.14 payment includes escrow for property taxes and hazard insurance for [REDACTED].   Missing annual HOA verification for same [REDACTED]


Buyer Comment (2019-06-19): Please note per listing of house next door, there are no HOA dues.
 06/25/2019     1 A   FL Primary Purchase   C B C A A A C B Non QM Non QM No
206948290 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   FL Primary Purchase   C B C A A A C B Non QM Non QM No
206948291 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Credit event seasoning not met for foreclosure released [REDACTED] on land only. Compensating factors cited: 1) Credit score 2) DTI 3) LTV 4) Residual Income. Credit Score - Borrowers credit score is 706 exceeding the 680 minimum.

DTI - Borrower's 12.67% DTI on this twelve month bank statement documentation loan is less than the 55% guideline maximum.

LTV - 70% LTV is less than the 80% guideline maximum - Borrower has $21,400 more equity than required by program guidelines.

Residual Income - Borrower on this twelve month bank statement documentation loan has a disposable income of $23,268 exceeding the $1500 minimum guideline requirement.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-13): Exception granted for not meeting credit event twenty four month seasoning requirement supported by compensating factors.
     06/13/2019 2 B   TX Investment Purchase   C B C B A A A A N/A N/A No
206948292 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MS Primary Purchase   C B C B A A C A Non QM Non QM No
206948292 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE or Third Party Verification for [REDACTED] within 10 days of the Note date.     Reviewer Comment (2019-06-18): All business entity documents only reflect Borrower, Borrower's middle score used to qualify.


Buyer Comment (2019-06-17): B2 is [REDACTED] with B1 at the [REDACTED].
Please waive.
 06/18/2019     1 A   MS Primary Purchase   C B C B A A C A Non QM Non QM No
206948292 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirements not met due to large deposit on [REDACTED] account #[REDACTED] in the amount of $[REDACTED] on [REDACTED] was not sourced. 33.57743% DTI on this Bank Statement documentation loan < 55.00% guideline maximum

Borrower on this Bank Statement  documentation loan has a disposable income of $5,248.26		 Originator

Originator		 Reviewer Comment (2019-06-24): CRE provided for 1.94 months reserves < 4 months minimum
     06/24/2019 2 B   MS Primary Purchase   C B C B A A C A Non QM Non QM No
206948307 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IL Primary Purchase   C B C B A A C A Non QM Non QM No
206948307 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - A VVOE must be completed within ten (10) days of closing or at any point, post closing and was not provided.     Reviewer Comment (2019-06-21): VVOE provided
 06/21/2019     1 A   IL Primary Purchase   C B C B A A C A Non QM Non QM No
206948307 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating Factors: 1) Residual Income. 2) Stable Employment History. $4,192.74 Residual Income

Borrower has job stability for 10 years as an [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-06-14): Compensating Factors: 1) Residual Income. 2) Stable Employment History.
     06/14/2019 2 B   IL Primary Purchase   C B C B A A C A Non QM Non QM No
206948311 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller Closing Disclosure is missing from file.     Reviewer Comment (2019-06-19): [REDACTED] received Seller's CD. Exception Cleared.
 06/19/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
206948311 [REDACTED]         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 $110.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Final Closing Disclosure provided on [REDACTED]  reflects non-escrowed property costs  of $110.00.  Both Appraisals indicate annual HOA cost is $100.00.     Reviewer Comment (2019-06-19): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   06/19/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
206948311 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating Factors: 1) Credit History. 2) Residual Income. Borrower on this Bank Statement documentation loan has a disposable income of $58,691.15 Originator Reviewer Comment (2019-06-17): Compensating Factors: 1) Credit History. 2) Residual Income.
     06/17/2019 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
206948313 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $185.00.     Reviewer Comment (2019-06-21): Title - Abstract / Title Search. is a shop-able fee paid to provider in Section C - provider not on SSPL - no tolerance testing
 06/21/2019     1 A   MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206948313 [REDACTED]         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 $185.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on initial LE     Reviewer Comment (2019-06-21): Title - Abstract / Title Search. is a shop-able fee paid to provider in Section C - provider not on SSPL - no tolerance testing
 06/21/2019     1 A   MD 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 C A Non QM Non QM Yes
206948313 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Maximum Index in 45 day range used: 2.76188%             2 B   MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206948313 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
206948313 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   A written explanation is required for all inquiries within 90-days of the date of the credit report.  Explanation was not provided.     Reviewer Comment (2019-06-21): Inquiry is submitting Broker (D0190)


Buyer Comment (2019-06-20): Note: The Inq wa the Broker's Credit Rep Inq--see upload
 06/21/2019     1 A   MD Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
206948313 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of existence of business was not provided within 10 days of note date.     Reviewer Comment (2019-06-21): Verification of existence of business dated[REDACTED] provided
 06/21/2019     1 A   MD Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
206948317 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948317 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/12/2019   1 A   FL Primary Purchase Final CD evidences Cure C B C A B B C A Non QM Non QM Yes
206948317 [REDACTED]         Credit Credit Credit Calculation / Analysis Missing Document: Alternative Credit Documentation not provided   Proof that all student loan collections reflected on credit report are included in the IRS payment plan was not provided. IRS document does not reflect accounts included and monthly amount due.     Reviewer Comment (2019-06-19): IRS repayment plan in file, used 5% for student loan collections.  Exception is cleared.


Buyer Comment (2019-06-18): I do not see this in the guidelines.
Student loans are included in the DTI.
 06/19/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
206948317 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. The Note allows for assumption, however the Closing Disclosure indicates the loan is not assumable.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
206948318 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. FICO score of [REDACTED]  does not meet minimum FICO of  [REDACTED] for 12 months Business Bank Statements. Borrower on this Bank Statement documentation loan has a disposable income of $3,315.37 > $1,500.00 Originator Reviewer Comment (2019-06-26): CRE provided for 665 FICO < 680 minimum


Buyer Comment (2019-06-25): Note: if you look at Bank Statement Program Credit Score you will see that for Portfolio Select Min Credit Score is 620 Section 20.4 in guides
     06/26/2019 2 B   TX Primary Purchase   C B C B A A A A Non QM Non QM No
206948318 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement does not meet 4 month requirement  but meets exception policy based on compensating factors of Credit History,  Residual Income and Stable Employment History. Borrower on this Bank Statement documentation loan has a disposable income of $3,315.37 > $1,500.00 Originator Reviewer Comment (2019-06-13): Reserves requirements does not meet 4 months but meets exception approval based on compensating factor of residual income greater than $1500.00 requirement.
     06/13/2019 2 B   TX Primary Purchase   C B C B A A A A Non QM Non QM No
206948318 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for inquiries is not signed or dated by the borrower and is required per guidelines. Borrower on this Bank Statement documentation loan has a disposable income of $3,315.37 > $1,500.00 Originator Reviewer Comment (2019-06-26): CRE provided for typed letter of explanation (D0047) regarding inquiries is not signed by Borrower.


Buyer Comment (2019-06-25): Note: The LOE is typed
     06/26/2019 2 B   TX Primary Purchase   C B C B A A A A Non QM Non QM No
206948319 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
206948319 [REDACTED]         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 $[REDACTED] and disclosure timing violations. Missing e-sign consent.     Reviewer Comment (2019-06-18): E sign Consent Agreement provided
 06/18/2019     1 A   FL Primary Purchase No Defined Cure C B C B C A C A Non QM Non QM No
206948319 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating Factors: 1) DTI. 2) Residual Income. 31.06246% DTI on this Full documentation loan < 55% guideline max

$3,644.50 Residual Income		 Originator

Originator		 Reviewer Comment (2019-06-17): Compensating Factors: 1) DTI. 2) Residual Income.
     06/17/2019 2 B   FL Primary Purchase   C B C B C A C A Non QM Non QM No
206948319 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Missing e-sign consent     Reviewer Comment (2019-06-18): E sign Consent Agreement provided
 06/18/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
206948320 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: 1) Reserves: Requirements not met. and 2) Income: 0 NSFs allowed in recent 12 months. Compensating factors cited: 1) Credit score 2) Credit History 3) Residual income 4) Stable employment history Stable Employment History - Borrower has [REDACTED] stability for 3+ years in [REDACTED]

Credit History - Borrower's credit history reflects borrowers are responsible credit users with only one late payment reported over two years ago..

Credit Score - Borrower's 751 credit score exceeds the 680 minimum for the twelve month bank statement program.

Residual Income - Borrower's residual income of $5,853.94 exceeds the $1,500 minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-12): Exception granted for less reserves than required supported by compensating factors.
     06/12/2019 2 B   CO Primary Purchase   C B C B A A C A Non QM Non QM No
206948320 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CO Primary Purchase   C B C B A A C A Non QM Non QM No
206948320 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: 1) Reserves: Requirements not met. and 2) Income: 0 NSFs allowed in recent 12 months. Compensating factors cited: 1) Credit score 2) Credit History 3) Residual income 4) Stable employment history Stable Employment History - Borrower has [REDACTED] stability for 3+ years in [REDACTED]

Credit History - Borrower's credit history reflects borrowers are responsible credit users with only one late payment reported over two years ago..

Credit Score - Borrower's 751 credit score exceeds the 680 minimum for the twelve month bank statement program.

Residual Income - Borrower's residual income of $5,853.94 exceeds the $1,500 minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-12): Exception granted for 10 NSFs within the last twelve months supported by compensating factors.
     06/12/2019 2 B   CO Primary Purchase   C B C B A A C A Non QM Non QM No
206948321 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Report Comparison dated[REDACTED] evidences[REDACTED] as past due in the amount of $170.  Per guidelines, past due consumer debts must be brought current at time of closing [REDACTED].  Evidence this account was brought current was not provided. DTI of 42.83% is lower than program maximum of 55% by 10.37%.

Borrower on this Full documentation loan has a disposable income of $5,313.21 is is greater than the program minimum of $1,500 by $3,813.21.		 Originator

Originator		 Reviewer Comment (2019-06-21): CRE provided for past due account per credit report comparison was not brought current
     06/21/2019 2 B   NM Primary Purchase   C B C B C A C A Non QM Non QM No
206948321 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserves of 4 months required by guidelines were not met.  Lender exception provided citing DTI and residual income as compensating factors. DTI of 42.83% is lower than program maximum of 55% by 10.37%.

Borrower on this Full documentation loan has a disposable income of $5,313.21 is is greater than the program minimum of $1,500 by $3,813.21.		 Originator

Originator		 Reviewer Comment (2019-06-12): Exception granted for reserves not meeting minimum required of four months supported by compensating factors.
     06/12/2019 2 B   NM Primary Purchase   C B C B C A C A Non QM Non QM No
206948321 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NM Primary Purchase   C B C B C A C A Non QM Non QM No
206948321 [REDACTED]         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 CD in file dated [REDACTED] is not signed by the Borrowers.     Reviewer Comment (2019-06-21): [REDACTED] received [REDACTED] signed the same day. Exception Cleared.
 06/21/2019     1 A   NM Primary Purchase No Defined Cure C B C B C A C A Non QM Non QM No
206948328 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C B C B C B B A Non QM Non QM No
206948328 [REDACTED]         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. Evidence of AVM delivery to borrower was not provided.             2 B   TX Primary Refinance - Cash-out - Home Improvement   C B C B C B B A Non QM Non QM No
206948328 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-06-26): AFMV signed by Lender was provided
 06/26/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B B A Non QM Non QM Yes
206948328 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Title - Tax Certificate Fee was not paid to the same provider of other fees disclosed on the LE, no valid change in circumstance provided, no cure provided.     Reviewer Comment (2019-06-26): Borrower shopped title fees - no tolerance testing
 06/26/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C B C B B A Non QM Non QM Yes
206948328 [REDACTED]         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 $85.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not paid to the same provider of other fees disclosed on the LE, no valid change in circumstance provided, no cure provided.     Reviewer Comment (2019-06-26): Borrower shopped title fees - no tolerance testing
 06/26/2019     1 A   TX 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 B C B B A Non QM Non QM Yes
206948328 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   660 representative FICO score > 620 guideline minimum Originator Reviewer Comment (2019-07-01): Rec'd exception for LTV > guideline maximum.
     07/01/2019 2 B   TX Primary Refinance - Cash-out - Home Improvement   C B C B C B B A Non QM Non QM No
206948329 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Verified entry by final CD on file     Reviewer Comment (2019-06-19): The Broker Compensation Fee in the amount of $340 is to the Realtor and is not an APR fee.


Buyer Comment (2019-06-18): The Broker Compensation Fee in the amount of $340 is to the Realtor and is not an APR fee.
 06/19/2019     1 A   IA 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
206948329 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender did not provide a cure to the borrower     Reviewer Comment (2019-06-19): Title - After Hours Closing Fee.is a shopable fee - no tolerance
 06/19/2019     1 A   IA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
206948329 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - After Hours Closing Fee.  Fee Amount of $150.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Lender did not provide a cure to the borrower     Reviewer Comment (2019-06-19): Title - After Hours Closing Fee.is a shopable fee - no tolerance
 06/19/2019     1 A   IA 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
206948329 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IA Primary Purchase   C A C A C A C A Non QM Non QM No
206948329 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing fully executed Closing Statement for sale of [REDACTED]     Reviewer Comment (2019-06-19): Rec'd final CD from sale of real estate.
 06/19/2019     1 A   IA Primary Purchase   C A C A C A C A Non QM Non QM No
206948329 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing fully executed Closing Statement for sale of [REDACTED].     Reviewer Comment (2019-06-19): Rec'd final CD from sale of real estate.
 06/19/2019     1 A   IA Primary Purchase   C A C A C A C A Non QM Non QM No
206948330 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Primary Purchase   C B C A B B C A Non QM Non QM No
206948330 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD section F did not include the number of months for the property taxes of $[REDACTED]             2 B   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
206948330 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Borrower start date was not provided  on 1003 it reflects 2 years at [REDACTED] The current paystub is for [REDACTED]with a [REDACTED].  The [REDACTED] W2 is  from [REDACTED].  Need VVOEs with dates provided.     Reviewer Comment (2019-06-29): Received vvoe for previous employer. W-2 transcript for [REDACTED] already in file.


Reviewer Comment (2019-06-21): Borrower states 2 years employment with [REDACTED].  [REDACTED] paystubs are issued by [REDACTED].  [REDACTED] is issued by [REDACTED]. and [REDACTED] is issued by [REDACTED].  A Written VOE is not in file confirming employment start date.  VVOE in file does confirm employment start date.  A copy of a [REDACTED]ated [REDACTED] was provided as evidence of [REDACTED] association to [REDACTED].  Issue remains EV3 for verification that [REDACTED] and [REDACTED] are one and the same, supporting Borrower's stated 2 year+ tenure with current employer
 06/29/2019     1 A   OH Primary Purchase   C B C A B B C A Non QM Non QM No
206948337 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AL Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
206948337 [REDACTED]         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 [REDACTED] 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. Cash to close table ($[REDACTED]), Summaries of Transactions Cash to Borrower $[REDACTED] variance of $975.00.  initial CD dated [REDACTED] disclosed a payoff to [REDACTED] not found on Final Consumer CD.             2 B   AL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
206949063 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Primary Purchase   C B C A C B C A Non QM Non QM No
206949063 [REDACTED]         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.               2 B   GA Primary Purchase   C B C A C B C A Non QM Non QM No
206949063 [REDACTED]         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 4,537.72 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-06-13): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Buyer Comment (2019-06-12): this number is correct if you multiply the monthly escrow by 11 months which is allowed
 06/13/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206949063 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. The total escrow payment is $[REDACTED] which consists of the homeowners insurance, flood and taxes and matches the loan file.     Reviewer Comment (2019-06-13): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Buyer Comment (2019-06-12): Invalid condition.  Escrow payments match.
 06/13/2019     1 A   GA 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
206949063 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. The total escrow payment is $[REDACTED] which consists of the homeowners insurance, flood and taxes and matches the loan file.     Reviewer Comment (2019-06-13): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Buyer Comment (2019-06-12): Invalid Condition
 06/13/2019     1 A   GA 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
206949063 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence of 100% ownership, documentation provided only lists borrower as registered agent.     Reviewer Comment (2019-06-14): All business entity documents only reflect Borrower, ok to clear.
 06/14/2019     1 A   GA Primary Purchase   C B C A C B C A Non QM Non QM No
206951505 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. DTI does exceed 45% but meets the exception policy based on compensating factor of credit score [REDACTED], no late on credit, LTV 65% and guidelines allow 90% 797 representative FICO score >660 guideline minimum Originator Reviewer Comment (2019-06-17): Housing ration exceeds 45% max but meets exception policy based on at least one compensating factor of credit score exceeds min allowed.
     06/17/2019 2 B   NC Primary Purchase   C B C B C B A A Non QM Non QM No
206951505 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.22300% or Final Disclosure APR of 6.22700% is in excess of allowable threshold of APOR 4.70% + 1.5%, or 6.20000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C B C B A A Non QM Non QM No
206951505 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Adjustable Rate Note reflect Assumption language however, Final CD reflects the loan is not assumable.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
206951505 [REDACTED]         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 $[REDACTED] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Transfer Tax Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-07-02): [REDACTED] received required documents, exception is cleared.
 07/02/2019     1 A   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 B C B A A Non QM Non QM Yes
206951505 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $[REDACTED]     Reviewer Comment (2019-07-02): [REDACTED] received required documents, exception is cleared.
 07/02/2019     1 A   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
206951505 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED] plus 10% or $[REDACTED].  Insufficient or no cure was provided to the borrower. $[REDACTED] violation due to increase in Recording Fee.     Reviewer Comment (2019-07-02): [REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-07-01): plz see upld on [REDACTED] @ 1:37
thanks
 07/02/2019     1 A   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 B C B A A Non QM Non QM Yes
206951505 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing and or post closing is not evident.     Reviewer Comment (2019-06-26): Third party verification dated[REDACTED] provided
 06/26/2019     1 A   NC Primary Purchase   C B C B C B A A Non QM Non QM No
206951505 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   12 months housing history is not evident as only 11 months bank statements were evident in the file. [REDACTED] statement doesn't show rent paid. 797 representative FICO score >660 guideline minimum

65.00% LTV < 90.00% guideline maximum

206.65 months reserves > 4 months guideline minimum		 Originator

Originator

Originator		 Reviewer Comment (2019-06-26): CRE provided for 11 months verified housing history < 12 months.   [REDACTED] payment is not documented
     06/26/2019 2 B   NC Primary Purchase   C B C B C B A A Non QM Non QM No
206951508 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-06-20): Short Form [REDACTED] Final Policy provided
 06/20/2019     1 A   GA Primary Purchase   C A C A A A A A Non QM Non QM No
206951508 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-06-20): Short Form [REDACTED] Final Policy provided
 06/20/2019     1 A   GA Primary Purchase   C A C A A A A A Non QM Non QM No
206951510 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NV Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206951510 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-06-19): All business entity documents only reflect Borrower, ok to clear.
 06/19/2019     1 A   NV Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206951510 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Final Disclosure reflects Non-Escrowed amount of $[REDACTED] however, calculated amount is $[REDACTED] based on monthly HOA fee of $[REDACTED].     Reviewer Comment (2019-06-20): Letter of Explanation & Corrected Closing Disclosure provided
   06/20/2019   2 B   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
206951510 [REDACTED]         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. Missing Closing Disclosure dated [REDACTED] as per the Disclosure Tracking Summary     Reviewer Comment (2019-06-20): Initial CD provided
 06/20/2019     1 A   NV Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
206951514 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value of $[REDACTED] that did not match the actual Property Value for the loan of $[REDACTED].             2 B   CA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
206951515 [REDACTED]         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 [REDACTED] 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. The summaries of transactions line 3 (J) is incorrect with the $[REDACTED]difference; it should be $[REDACTED] as indicated on page 2 and CTC table on page 3.             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
206951515 [REDACTED]         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 [REDACTED] disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. The variance due to summaries of transactions line 3 (J) is incorrect.             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
206951515 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Documents must be no more than 90-days old on the date the note is signed.             2 B   OR Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
206951515 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
206951516 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   UT Primary Purchase   C A A A C A C A Non QM Non QM No
206951516 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller's fees not included on Buyer's CD and Seller's CD not provided. Unable to confirm fees paid by Seller, if any.     Reviewer Comment (2019-06-21): [REDACTED] received Seller's CD. Exception Cleared.
 06/21/2019     1 A   UT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
206951530 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Policy is effective [REDACTED]after closing date of [REDACTED].     Reviewer Comment (2019-06-19): Hazard Insurance Policy Effective Date [REDACTED] is before [REDACTED] Disbursement Date (D0162)
 06/19/2019     1 A   NV Primary Purchase   C A C A A A C A Non QM Non QM No
206951530 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NV Primary Purchase   C A C A A A C A Non QM Non QM No
206951531 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Mortgage statement for primary residence not provided.     Reviewer Comment (2019-07-29): Received purchase agreement and [REDACTED] showing property sold and is not longer in borrowers name


Reviewer Comment (2019-07-19): Mortgage stmt not rec'd; Missing mortgage statement for 1st mortgage on departure residence at [REDACTED]; Mortgage with [REDACTED] and monthly pymt of $2196.  Unable to verify ig taxes and insurance are escrowed; exception remains.
 07/29/2019     1 A   AL Primary Purchase   C B C A C B A A Non QM Non QM No
206951531 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Proof of receipt of HELOC draw in the amount of $[REDACTED] not provided.     Reviewer Comment (2019-09-20): Rec'd LOE and property history report documenting HELOC is secured by investment property.


Reviewer Comment (2019-07-29): Received HELOC, however it does not state what property it is against or the payment terms.


Reviewer Comment (2019-07-29): Bank Independent statement providing dated[REDACTED] does indicate draw against [REDACTED] credit limit to support source of funds was from account.    Available credit on line is [REDACTED]


Reviewer Comment (2019-06-29): Rec'd evidence of wire to the closing agent.  Missing evidence of HELOC draw in the amount of [REDACTED] (HELOC lender Bank Independent).
 09/20/2019     1 A   AL Primary Purchase   C B C A C B A A Non QM Non QM No
206951531 [REDACTED]         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. Verification of AVM delivery and receipt by borrower not provided             2 B   AL Primary Purchase   C B C A C B A A Non QM Non QM No
206951531 [REDACTED]         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 $1,650.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal reports home owners association dues are $[REDACTED]/year.     Reviewer Comment (2019-06-20): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   06/20/2019   2 B   AL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
206951531 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Sufficient or excess cure was provided to the borrower at Closing. Lender cure was $175 accommodating the amount exceeding the tolerance limit.         06/14/2019   1 A   AL Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
206951532 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   KS Primary Purchase   C A A A A A C A Non QM Non QM No
206951539 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Final Disclosure reflects Non-Escrowed Property tax over year 1 of $[REDACTED] however, calculated cost is $[REDACTED] based on monthly HOA fee of $[REDACTED].     Reviewer Comment (2019-06-28): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-06-28): Per CFPB we can use 11 or 12 mths in this case we used 11 mths
   06/28/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206951539 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Disclosure reflects TIP of 157.681% but calculated TIP is 157.675%.  Unable to determine index value used by lender.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206951539 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves of 4 months was not met due to Closing Disclosure for Sale of departing residence is not fully executed.     Reviewer Comment (2019-07-02): Rec'd final closing statement from sale of departure residence.
 07/02/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
206951539 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds to close is not sufficiently verified due to Closing Disclosure from sale of departing residence is not fully executed by the borrowers.     Reviewer Comment (2019-07-02): Rec'd final closing statement from sale of departure residence.
 07/02/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
206951539 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
206951541 [REDACTED]         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   PA Primary Purchase   C B A A C B C A Non QM Non QM No
206951541 [REDACTED]         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 asset qualifier     Reviewer Comment (2019-06-20): Meets guidelines with Residual Income
 06/20/2019     1 A   PA Primary Purchase Lender to provide updated ATR/QM status C B A A C B C A Non QM Non QM Yes
206951541 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - No Income Provided Ability to Repay (Dodd-Frank 2014): No income or assets converted to a monthly amount was provided to demonstrate ability to repay. Loan is asset qualifier     Reviewer Comment (2019-06-20): Asset Qualification loan program with Residual Income consideration
 06/20/2019     1 A   PA Primary Purchase   C B A A C B C A Non QM Non QM No
206951541 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Seller paid property tax at closing; left blank on CD for # of number that should be 13.             2 B   PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206951541 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   PA Primary Purchase   C B A A C B C A Non QM Non QM No
206951542 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Full bank account access letter not provided.     Reviewer Comment (2019-07-08): Access letter provided (D0154)
 07/08/2019     1 A   TX Investment Purchase   C A C A     C A     No
206951542 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C A C A     C A     No
206951544 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Exception made for LTV that exceeds maximum allowed. Compensating factor is credit score/history 709 FICO > 660 minimum Originator Pre-Close Reviewer Comment (2019-06-20): CRE D004
     06/20/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
206951544 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
206951544 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1106 < 1200 required 709 FICO > 660 minimum

0 x 30, 60, 90 x 10/2014 to 3/2019		 Originator Pre-Close

Originator		 Reviewer Comment (2019-07-02): CRE provided for 1,106 square footage < 1,200 minimum required for SFR property
     07/02/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
206951544 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject property is vacant, The property cannot be vacant at the time of closing unless [REDACTED].     Reviewer Comment (2019-07-02): 442 in file dated [REDACTED] with photos indicates property is tenant occupied


Buyer Comment (2019-06-28): Note Final Inspection was in Original File and this is an Invalid Exception; as Inspection show Prop not Vacant
 07/02/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
206951545 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Investment Refinance - Cash-out - Other   C A A A     C A     No
206951546 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B     C A     No
206951546 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 864 < 1200 required, Credit exception approval provided without any compensating factors. 65.00000% LTV < 75.00 guideline maximum

54.30 months reserves > 6.00 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-06-24): CRE provided for 864 square footage < 1,200 minimum
     06/24/2019 2 B   NJ Investment Refinance - Cash-out - Other   C B C B     C A     No
206951547 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C A     C B     No
206951547 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject is vacant - The property cannot be vacant at the time of closing unless [REDACTED].     Reviewer Comment (2019-06-27): 442 / Re Inspection providing stating subject is tenant occupied
 06/27/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C A     C B     No
206951547 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Articles of Incorporation not provided         Reviewer Comment (2019-06-27): Articles of Incorporation provided
 06/27/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C A     C B     No
206951547 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Operating Agreement not provided         Reviewer Comment (2019-06-27): Operating Agreement provided
 06/27/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C A     C B     No
206951547 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   NJ Investment Refinance - Cash-out - Other   C B C A     C B     No
206951550 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
206951552 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
206952429 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-06-27): Received


Buyer Comment (2019-06-26): Please see last 2 pages (6&7) of upload for CPL.  Title company provided both the binder and CPL.
 06/27/2019     1 A   GA Investment Refinance - Cash-out - Other   C A C A     A A     No
206952434 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206952434 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made to proceed with loan approval with disputed message on credit report Compensating factors 755 Credit Score, 689 mos reserves Originator Pre-Close Reviewer Comment (2019-06-21): CRE D02
     06/21/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206952434 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1027 < 1200 required Compensating factors 755 Credit Score, 689 mos reserves Originator Pre-Close Reviewer Comment (2019-06-27): Received CRE
     06/27/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
206952436 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for credit dispute. Comp factors: Nominal amount in dispute, high credit score Comp factors of Credit score 755 and 380 mos reserves Originator Pre-Close Reviewer Comment (2019-06-21): CRE D96
     06/21/2019 2 B   GA Investment Refinance - Rate/Term   C B C B     B A     No
206952436 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Refinance - Rate/Term   C B C B     B A     No
206952437 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ [REDACTED] required     Reviewer Comment (2019-06-24): Subject is a [REDACTED] (1st level) + [REDACTED].  rear photo indicates window and door to basement/below ground.  [REDACTED]


Buyer Comment (2019-06-24): Note: Plz re-look at Appraisal as there is a, addt'l 1031 sq basement which appraiser determined to be 90% finished adding 931 sq to the total (1986 sq) with an additional bedroom and bath.
 06/24/2019     1 A   GA Investment Refinance - Cash-out - Other   C A C A     A A     No
206952438 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for mortgage lates; compensating factors are credit score, investment experience and cash reserves Compensating factors of LTV 32% and Reserves 60 mos Originator Pre-Close Reviewer Comment (2019-06-21): CRE D004
     06/21/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     A A     No
206952438 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @  [Redacted] required Compensating factors of LTV 32% and Reserves 60 mos

681 representative FICO score > 640 guideline minimum

36.19 months reserves >6 months guideline minimum		 Originator Pre-Close

Originator

Originator		 Reviewer Comment (2019-06-25): CRE provided for 1,179 square footage < 1,200 minimum required
     06/25/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     A A     No
206952439 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for property listed for sale in past 12 months (No longer listed)  on a cash out ICF loan - unable to waive as DSCR @ 97 and credit score [REDACTED] 0 x 30 x 78 months [REDACTED]rating.   0 x 30. 60, 90 x [REDACTED] to [REDACTED] credit history Originator Reviewer Comment (2019-07-05): CRE provided for property listed for sale in past 12 months


Reviewer Comment (2019-06-28): Issue remains EV3 for a revised CRE that does not include 668 score as a compensating factor.  668 score is < 700 minimum.
     07/05/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     A A     No
206952439 [REDACTED]         Credit Guideline General Subject property DSCR is less than the minimum required for the program.   DSCR @ 97 < 100 required, credit score  [REDACTED]     Reviewer Comment (2019-07-15): guidelines do not require the lessor of the rent or market rent to be used


Reviewer Comment (2019-07-05): CRE provided (D0090) was for EV3 subject listed in last 12 months and EV3 1,178 sq ftg < 1,200


Reviewer Comment (2019-06-28): Issue remains EV3 for a revised CRE that does not include 668 score as a compensating factor.  668 score is < 700 minimum.
 07/15/2019     1 A   GA Investment Refinance - Cash-out - Other   C B C B     A A     No
206952439 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1178 < 1200 required 0 x 30 x 78 months [REDACTED]rating.   0 x 30. 60, 90 x [REDACTED] to [REDACTED] credit history Originator Reviewer Comment (2019-07-05): CRE provided for subject property 1,178 square footage < 1,200 minimum


Reviewer Comment (2019-06-28): Issue remains EV3 for a revised CRE that does not include 668 score as a compensating factor.  668 score is < 700.
     07/05/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     A A     No
206952920 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-06-17): Approval provided
 06/17/2019     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
206952920 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided         Reviewer Comment (2019-06-17): 1008 provided
 06/17/2019     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
206954153 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MI Primary Purchase   C B C B A A C A Non QM Non QM No
206954153 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___
___		 Verbal Verification of Employment completed within ten (10) days of closing or at any point, post closing; Borrower has a disposable income of $6,400

27% DTI  < 55% guideline max.		 Originator

Originator		 Reviewer Comment (2019-06-18): Rec'd exception for VVOEs not completed within 10 days of closing.
     06/18/2019 2 B   MI Primary Purchase   C B C B A A C A Non QM Non QM No
206957978 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957978 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verbal Verification of Employment (VVOE) completed within ten (10) days of closing or at any point, post closing was not provided for borrower.     Reviewer Comment (2019-06-26): VVOE was provided
 06/26/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957978 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Missing documentation for primary rent/mortgage payment. Used $[REDACTED]as per initial 1003 for audit purposes.     Reviewer Comment (2019-06-26): $1,000.00 rent included as an estimate for a primary residence was included in DTI > 55% with no supporting documentation.   New EV3 added to address what is Borrower's primary housing situation and monthly expense associated with new primary.  Loan approved as a second home purchase with current owned home indicated as a pending sale.  Proceeds from sale is source of cash required to close.    Sale of current home closed/disbursed on[REDACTED] same day as subject.


Buyer Comment (2019-06-25): The borrower sold their present home and I have attached the HUD for the sale of the home. their mtg payment was $820
 06/26/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957978 [REDACTED]         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     Reviewer Comment (2019-08-07): Updated with proof of primary residence
 08/07/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A C A Non QM Non QM Yes
206957978 [REDACTED]         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     Reviewer Comment (2019-08-07): Updated with proof of primary residence
 08/07/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957978 [REDACTED]         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 58.46646% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI     Reviewer Comment (2019-08-07): Updated with proof of primary residence
 08/07/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957978 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification of Borrower's new primary residence post closing, location and monthly expense associated with new primary for the purpose of evaluating new monthly housing expense, total monthly debt obligation to determine DTI.   Loan approved as a [REDACTED] second home purchase with current owned [REDACTED]  home indicated as a pending sale.  Proceeds from sale is source of cash required to close and reserves.    Sale of current home closed/disbursed on[REDACTED] same day as subject.     Reviewer Comment (2019-08-07): Received corrected application and approval


Reviewer Comment (2019-07-05): please provided evidence of borrower's primary residence, is it the subject or something else.


Buyer Comment (2019-07-01): When we underwrote this loan the borrower was living in [REDACTED] we cannot predict what the borrower is going to do in the future.  There is nothing else you should need to clear this loan.

Thanks
 08/07/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
206957981 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Buyer Agent Brokerage Fee of $[REDACTED] was not provided not typically under Section C of the Disclosure.     Reviewer Comment (2019-06-26): Letter of Explanation & Corrected Closing Disclosure provided
   06/26/2019   2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B B A Non QM Non QM Yes
206957981 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Buyer Agent Brokerage Fee.  Fee Amount of $[REDACTED] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-06-26): etter of Explanation, Proof of Delivery and Corrected CD provided. Cure check not required fee moved to Section H (fee was a bonus fee paid to real estate agent)


Buyer Comment (2019-06-25): Brokerage Fee moved to Section H.


Reviewer Comment (2019-06-25): Corrected CD and LOE to borrower required to cure. Buyer Agent Brokerage Fee needs to be disclosed in Section H - No cure check is required.


Buyer Comment (2019-06-24): This is not a AO fee.
Please waive.
   06/26/2019   2 B   NC 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 B A Non QM Non QM Yes
206957981 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.44160% or Final Disclosure APR of 6.44200% is in excess of allowable threshold of APOR 4.11% + 1.5%, or 5.61000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B A A C B B A Non QM Non QM No
206957981 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Primary Purchase   C B A A C B B A Non QM Non QM No
206957982 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $ [REDACTED]     Reviewer Comment (2019-06-21): Attestation received Survey Fee further outsourced by borrower chosen provider
 06/21/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
206957982 [REDACTED]         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 $525.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title Survey Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE.     Reviewer Comment (2019-06-21): Attestation received Survey Fee further outsourced by borrower chosen provider
 06/21/2019     1 A   FL 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
206957982 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. $1,430.00 cure provided at closing         06/21/2019   1 A   FL Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
206957994 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-06-24): Executed Deed of Trust, ARM Rider and PUD Rider provided
 06/24/2019     1 A   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957994 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - ARM not provided         Reviewer Comment (2019-06-26): Executed Deed of Trust, ARM Rider and PUD Rider provided


Buyer Comment (2019-06-25): Please review the copy of the Deed of Trust uploaded yesterday.  It includes the PUD RIDER and the ARM RIDER.  This should clear both conditions for the PUD and ARM RIDERS.
 06/26/2019     1 A   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957994 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided         Reviewer Comment (2019-06-27): Received
 06/27/2019     1 A   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957994 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957994 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Missing Blanket Insurance Policy for Attached PUD and additional policy is H0-6 policy.             2 B   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957994 [REDACTED]         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). Disclosure is not evident in the file.             2 B   CO Primary Purchase   D B D B B B B A Non QM Non QM No
206957996 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-07-05): received CDA
 07/05/2019     1 A   AZ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
206957996 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Refinance purpose discrepancy.   Initial and Final 1003 disclosed purpose of refinance No Cash-Out Other.  Approval is based on cash out refinance.     Reviewer Comment (2019-07-17): Rec'd corrected, initialed final 1003.
 07/17/2019     1 A   AZ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
206957996 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Credit Risk Summary & Exception Approval in file. Credit event seasoning not met. Compensating Factors: 1) Credit History. 2) DTI. 3) Reserves. 4) Residual Income. 5) Stable Employment History. 7.82443% DTI on this Bank Statement documentation loan < 55% guideline max

63.6 months reserves > 4 months guideline minimum - borrowers have verified reserves of $67,226.56

Borrower on this Bank Statement documentation loan has a disposable income of $136,355.32

Borrower has job stability for 8 years as [REDACTED]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-06-20): Compensating Factors: 1) Credit History. 2) DTI. 3) Reserves. 4) Residual Income. 5) Stable Employment History.
     06/20/2019 2 B   AZ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
206957996 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   All Cash-out refinances on investment properties require a review product  such as AVM's, enhanced desk reviews, field reviews or second full appraisals.  Review product was not provided. 7.82443% DTI on this Bank Statement documentation loan < 55% guideline max

63.6 months reserves > 4 months guideline minimum - borrowers have verified reserves of $67,226.56

Borrower on this Bank Statement documentation loan has a disposable income of $136,355.32

Borrower has job stability for 8 years as [REDACTED]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-07-17): Rec'd exception for appraisal review completed post-closing.


Reviewer Comment (2019-07-05): This is a guideline requirement a post closing valuation does not clear this exception
     07/17/2019 2 B   AZ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
206958000 [REDACTED]         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 $495.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee disclosed as $495.00 on LE, but disclosed as $600.00 on Final Closing Disclosure. Sufficient Cure provided at closing.         06/19/2019   1 A   FL Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
206958003 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-06-27): FMV signed by Lender provided
 06/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
206958003 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided At Least 1 Business Day Prior to Closing - No Waiver) Texas Constitution Section 50(a)(6): Final itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing without a waiver.       Reviewer Comment (2019-07-05): Borrower signed affidavit of receipt of the itemized disclosure one day prior to closing.


Reviewer Comment (2019-06-27): Final itemized disclosure of fees, points, costs and charges provided to borrower on[REDACTED] closing 9D0280)
 07/05/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
206958003 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Description changed from tax certificate to guaranty fee     Reviewer Comment (2019-06-27): Borrower shopped for title fees - no tolerance testing - attestation provided by lender - Provider not listed on SSPL
 06/27/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
206958003 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-06-27): [REDACTED] Final Title Policy provided
 06/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206958003 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-06-27): [REDACTED] Final Title Policy provided
 06/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206958003 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206958003 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - CPA letter to verify the percentage of ownership for borrower's business     Reviewer Comment (2019-06-27): All business entity documents only reflect Borrower, ok to clear.
 06/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
206958003 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Rescission Period) Texas Constitution Section 50(a)(6): Subject loan transaction disbursed on [REDACTED], prior to three (3) business days from transaction date of [REDACTED] The CD signed at closing, on [REDACTED], was dated [REDACTED].  An additional CD in the file is dated [REDACTED].  The default received date was used.     Reviewer Comment (2019-07-15): Rescission notice advising of 3 days right to rescind provided.  No express timing requirement with respect to disbursement under TX50(a)(6) per outside counsel.  Exception cleared.


Reviewer Comment (2019-07-05): Unable to cure; Required remediation not received.  Required: Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree.


Buyer Comment (2019-07-03): rescission has expired


Reviewer Comment (2019-06-29): Rec'd LOE, evidence rescission re-opened, and evidence of delivery [REDACTED] [REDACTED] website).  Unable to cure exception until rescission period ends.


Buyer Comment (2019-06-26): please see upld on [REDACTED] @ 8:12. thanks
 07/15/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
206958003 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Reconveyance Fee.  Fee Amount of $56.39 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The fee was introduced on the CDs and is made payable to a unique provider.     Reviewer Comment (2019-06-27): Borrower shopped for title fees - no tolerance testing - attestation provided by lender - Provider not listed on SSPL
 06/27/2019     1 A   TX 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
206958003 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. The CD signed at closing, on [REDACTED], was dated [REDACTED].  An additional CD in the file is dated [REDACTED]. Nothing in the file confirms delivery on the closing date.     Reviewer Comment (2019-07-05): Rec'd LOE, evidence rescission re-opened, and evidence of delivery [REDACTED] [REDACTED] website).


Reviewer Comment (2019-06-29): Rec'd LOE, evidence rescission re-opened, and evidence of delivery [REDACTED] [REDACTED] website).  Unable to cure exception until rescission period ends.
   07/05/2019   2 B   TX 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 C B C A Non QM Non QM Yes
206958003 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). The CD signed at closing, on [REDACTED], was dated [REDACTED].  An additional CD in the file is dated [REDACTED].  Nothing in the file confirms delivery on the closing date.     Reviewer Comment (2019-07-05): Rec'd LOE, evidence rescission re-opened, and evidence of delivery [REDACTED] [REDACTED] website).


Reviewer Comment (2019-06-29): Rec'd LOE, evidence rescission re-opened, and evidence of delivery [REDACTED] [REDACTED] website).  Unable to cure exception until rescission period ends.


Buyer Comment (2019-06-26): please see upld on [REDACTED] @ 8:12. thanks
   07/05/2019   2 B   TX 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 C B C A Non QM Non QM Yes
206958005 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
206958005 [REDACTED]         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 $100.34 exceeds tolerance of $88.40.  Sufficient or excess cure was provided to the borrower at Closing.           06/16/2019   1 A   TN Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
206958005 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy.   75% exceeds the maximum of 70% allowed for 60+ late payments in the past 12 months.  Borrower was 120 days in month 11. (Non-Prime [REDACTED]     Reviewer Comment (2019-06-26): Last late date[REDACTED], Note date[REDACTED] months since last late


Buyer Comment (2019-06-26): Per credit the borrower was 120 days in [REDACTED]. However credit is saying Current was 120+. The borrower was 90+ days late 11 times in the past
 06/26/2019     1 A   TN Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
206958007 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Purchase   C B A A C B C A Non QM Non QM No
206958007 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Recalculated TIP 163.376%. Compliance report confirms Total Interest Percentage disclosed to borrower as accurate.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206958007 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $2.00 Texas Title Insurance Guarantee Fee of $2.00 exceeds tolerance, No offer to cure on final CD.     Reviewer Comment (2019-06-21): Borrower shopped for title fees  - no tolerance testing
 06/21/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
206958007 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on Loan estimate, exceed tolerance.     Reviewer Comment (2019-06-21): Borrower shopped for title fees  - no tolerance testing
 06/21/2019     1 A   TX 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
206958008 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation  was not provided - Final 1003 shows borrower as a foreign national, but Foreign National identification is not provided.     Reviewer Comment (2019-06-28): Passport and Naturalization certificate received. Exception is clear.
 06/28/2019     1 A   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         Credit Guideline Guideline Issue Non-Permanent Resident Aliens and Foreign Nationals are ineligible for Bank Statement Documentation Income per guideline.         Reviewer Comment (2019-06-28): Passport and Naturalization certificate received. Exception is clear.


Reviewer Comment (2019-06-27): Missing a copy of Borrower's ([REDACTED]) Permanent Resident Alien Card.Only copy of Borrower's driver's license is in file.  Loan file only contains a copy of Co-borrower's ([REDACTED]) Permanent Resident card [REDACTED].  Initial and Final 1003's need to be corrected and initialed by Borrower.  EV3 added for 1003 issues to be corrected and acknowledged by Borrowers


Buyer Comment (2019-06-26): borrower is permanent resident which is ok per guidelines
 06/28/2019     1 A   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         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.               2 B   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         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 $3,410.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-06-27): Letter of Explanation & Corrected Closing Disclosure provided
   06/27/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
206958008 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Initial - Lender's is incomplete   Missing Initial 1003 with a corrected Section VIII (Declarations) questions "j" and "k".   Borrower and Co-borrower both state that they are not a US Citizen and that they are not permanent resident alien.   Borrower's to correct and initial changes made to Initial 1003.             2 B   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Missing Final 1003 with a corrected Section VIII (Declarations) questions "j" and "k".   Borrower and Co-borrower both state that they are not a US Citizen and that they are not permanent resident alien.   Borrower's to correct and initial changes made to Final 1003.     Reviewer Comment (2019-08-07): Corrected page 3 of 4 of Final 1003 provided reflecting Borrower and Co-borrower's correct/revised answers to citizenship questions.   Changes are initialed by Borrowers and application was resigned bu Borrowers on [REDACTED] post [REDACTED] closing (D0245)


Reviewer Comment (2019-07-02): [REDACTED] is a US citizen, [REDACTED] is a permanent resident alien.  The initial and final 1003s indicate both are NOT citizens and both are NOT permanent resident aliens.  Please provide corrected, signed 1003.


Buyer Comment (2019-06-28): please see uplds the applications are correct
 08/07/2019     1 A   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Missing a copy of Borrower's ([REDACTED]) Permanent Resident Alien Card. Loan file only contains a copy of Co-borrower's ([REDACTED]) Permanent Resident card (D0243)     Reviewer Comment (2019-07-02): [REDACTED] is a US citizen.


Buyer Comment (2019-06-28): upld on [REDACTED] at 11:21
 07/02/2019     1 A   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958008 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Primary Purchase   C B C B C B C B Non QM Non QM No
206958009 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   OH Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
206958009 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Employment gaps over 60-days must be explained in writing by the borrower.  Explanation for GAP [REDACTED] - [REDACTED] was not provided.     Reviewer Comment (2019-07-01): Rec'd LOE for gap in employment.
 07/01/2019     1 A   OH Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
206958010 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Hazard Insurance Binder does reflect "ISAOA" along with lender name as required.             2 B   AZ Primary Purchase   C B B B A A C A Non QM Non QM No
206958010 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AZ Primary Purchase   C B B B A A C A Non QM Non QM No
206958011 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Rate/Term   C B A A B B C A Non QM Non QM No
206958011 [REDACTED]         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. Report date [REDACTED], delivery date [REDACTED].             2 B   TX Primary Refinance - Rate/Term   C B A A B B C A Non QM Non QM No
206958013 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Purchase   C A A A A A C A Non QM Non QM No
206958016 [REDACTED]         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 $465.00.  Sufficient or excess cure was provided to the borrower at Closing. Cure of $150.00 was provided which is sufficient to cure.         06/18/2019   1 A   NJ Primary Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
206958016 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Primary Purchase   C B C B A A C A Non QM Non QM No
206958016 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Lender approved exception to allow a [REDACTED] FICO when the 12 Month Business Bank Statement Program required a minimum FICO score of [REDACTED].  Approved based on credit history, DTI and Residual Income. 7.92614% DTI on this Alt documentation loan < 55% guideline max - 47.07386% below program guideline maximum. Guideline variance approved by lender at time of origination. Originator Reviewer Comment (2019-06-19): CRE D09
     06/19/2019 2 B   NJ Primary Purchase   C B C B A A C A Non QM Non QM No
206958019 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   Borrower on this Alt documentation loan has a disposable income of $15,491

19.512% DTI on this loan < 55% guideline max

62.069% LTV < 90% guideline max		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-02): Exception approval provided


Reviewer Comment (2019-06-28): Lender exception provided verifying loan was approved with FICO score of 659.
     06/28/2019 2 B   FL Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
206958019 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   The loan amount changed after the last commitment was issued.     Reviewer Comment (2019-06-28): Final Title was provided with correct loan amount. Exception is clear.
 06/28/2019     1 A   FL Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
206958019 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-06-28): Final Title was provided.
 06/28/2019     1 A   FL Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
206958019 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
206958019 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Acreage @ [REDACTED] allowable Borrower on this Alt documentation loan has a disposable income of $15,491 Originator Pre-Close Reviewer Comment (2019-06-20): CRE D204
     06/20/2019 2 B   FL Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
206958022 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing 10 day VVOE.     Reviewer Comment (2019-06-22): [REDACTED]- VOE in file (D0038) completed [REDACTED] within 10 date of [REDACTED] closing


Buyer Comment (2019-06-21): Invalid Exception


Buyer Comment (2019-06-21): PLZ re-look at The [REDACTED]VOE as it was completed on [REDACTED] and loan closed [REDACTED]
 06/22/2019     1 A   IN Primary Purchase   C A C A A A A A Non QM Non QM No
206958023 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           06/19/2019   1 A   IN Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
206958023 [REDACTED]         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.       Reviewer Comment (2019-07-01): Rec'd evidence of appraisal delivery.
 07/01/2019     1 A   IN Primary Purchase   C A A A C A A A Non QM Non QM No
206958023 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.63420% or Final Disclosure APR of 8.70300% is in excess of allowable threshold of APOR 4.71% + 1.5%, or 6.21000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-01): Rec'd evidence of appraisal delivery.


Reviewer Comment (2019-06-26): Verification copy of report dated [REDACTED] emailed to Borrower on [REDACTED].  Verification copy or preliminary report dated [REDACTED] was not provided
 07/01/2019     1 A   IN Primary Purchase   C A A A C A A A Non QM Non QM No
206958023 [REDACTED]         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.       Reviewer Comment (2019-07-01): Rec'd evidence of appraisal delivery.


Reviewer Comment (2019-06-26): Verification copy of report dated [REDACTED] emailed to Borrower on [REDACTED].  Verification copy or preliminary report dated [REDACTED] was not provided
 07/01/2019     1 A   IN Primary Purchase   C A A A C A A A Non QM Non QM No
206958024 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence borrower is sole owner of [REDACTED] - Additional members appear on Documents as [REDACTED]     Reviewer Comment (2019-06-26): State of [REDACTED] business entity document (D0242) for [REDACTED] (filing period [REDACTED] to [REDACTED]) indicates only Borrower as [REDACTED].
 06/26/2019     1 A   WI Primary Purchase   C A C A A A A A Non QM Non QM No
206958025 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-06-29): Received
 06/29/2019     1 A   SC Investment Purchase   C A C A A A A A N/A N/A No
206958031 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-07-03): FSD score is 0.076
 07/03/2019     1 A   FL Investment Refinance - Rate/Term   C A A A     C A     No
206958031 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Rate/Term   C A A A     C A     No
206958033 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
206958034 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
206959150 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206959150 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Based on the final CD page 4, assumption is allowed and captured as such.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206959150 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The homeowners insurance has an annual premium of $[REDACTED], however the initial invoice is in the amount of $[REDACTED] including a one time non-recurring agency fee of $[REDACTED].             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206959150 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The amount above legal consent is $4.50     Reviewer Comment (2019-06-20): $4.50 cure provided at closing / borrower shopped title fees.
 06/20/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
206959150 [REDACTED]         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 $142.00 exceeds tolerance of $125.00 plus 10% or $137.50.  Insufficient or no cure was provided to the borrower. Insufficient cure provided at closing;     Reviewer Comment (2019-06-20): $4.50 cure provided at closing.


Reviewer Comment (2019-06-19): [REDACTED] reviewed the exception. The recording fee was disclosed as $125 and increased to $142 without a valid COC. Please provide corrected CD, LOE, and refund check to cure.


Buyer Comment (2019-06-18): Borrower shopped for their provider.
 06/20/2019     1 A   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
206959150 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not previously disclosed;     Reviewer Comment (2019-06-20): Fee was shopped by borrower - no tolerance testing


Buyer Comment (2019-06-20): $4.50 cure reflected/given on final CD
 06/20/2019     1 A   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
206959150 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ 6.21 IRS 4506 Tax Transcripts - IRS Form 4506-T must be completed and signed by all borrowers at both closing and application. The form must be executed prior to closing. An exception from the lender has been provided for [REDACTED] Tax Trasncripts Borrower on this Full documentation loan has a disposable income of 4,534.77

Borrower has employment stability for 14 years in the [REDACTED];		 Originator

Originator		 Reviewer Comment (2019-06-17): CRE D002
     06/17/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206959150 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   Borrower on this Full documentation loan has a disposable income of 4,534.77

Borrower has employment stability for 14 years in the [REDACTED];		 Originator

Originator		 Reviewer Comment (2019-06-19): CRE provided for reserve requirement not met
     06/19/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
206959150 [REDACTED]         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 $142.00 exceeds tolerance of $125.00 plus 10% or $137.50.  Sufficient or excess cure was provided to the borrower at Closing. $4.50 cure provided at closing.         06/20/2019   1 A   TX Primary Purchase Final CD evidences Cure C B C B C B C A Non QM Non QM Yes
206959152 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Flood Certificate not provided   Flood Certification Form is missing from the file     Reviewer Comment (2019-06-19): Flood Certificate provided
 06/19/2019     1 A   NJ Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
206959152 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Evidence of hazard insurance extension or renewal was not provided             2 B   NJ Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
206959152 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
206959152 [REDACTED]         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 that document disclosure was provided could not be located in the file             2 B   NJ Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
206963689 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-06-28): Approval provided. Exception is clear.
 06/28/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
206963689 [REDACTED]         Credit Credit Credit Documentation Insufficient Verification of Rental History.   Mortgage and rental payment not reflected on the original credit report must be documented with cancelled checks.     Reviewer Comment (2019-08-13): 3rd Party Verification VOR for [REDACTED] to [REDACTED] for [REDACTED] prior residence provided.  Letter in file dated [REDACTED] (D0025) documents Borrower living rent free [REDACTED] to current @ [REDACTED]
 08/13/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
206963689 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Insufficient funds to close and Final 1003 reflects duplicated assets balances to reflect more available to verified.     Reviewer Comment (2019-08-13): Updated [REDACTED] statement dated[REDACTED] provided (D0186) updates previous most recent statement dated[REDACTED] (D0177 & D0176).  Statement documents $63,843.27 withdrawn for closing on [REDACTED].


Buyer Comment (2019-08-12): plz note cash to close from borrower was $63,843.27

thanks
 08/13/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
206963689 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves of 4 months is not evident in the file. Final 1003 reflects duplicated assets.     Reviewer Comment (2019-08-13): Updated [REDACTED] statement dated[REDACTED] provided (D0186) updates previous most recent statement dated[REDACTED] (D0177 & D0176).  Statement documents $63,843.27 withdrawn for closing on [REDACTED].
 08/13/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
206963689 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller's CD not evident in the file.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
206963689 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - P&L required if the loan application is dated > 90 days after the end for the business's tax year.     Reviewer Comment (2019-08-15): P&L signed an dated by Borrower provided


Reviewer Comment (2019-08-07): Received and reviewed version of a P&L for the period [REDACTED] to [REDACTED].  Issue remains EV3 for P&L statement to be signed and dated by Borrower.


Reviewer Comment (2019-06-28): Borrower was qualified with [REDACTED] income. First quarter P&L is required. .


Buyer Comment (2019-06-26): not required did not use business funds
 08/15/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
206964073 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C A A A     C A     No
206964321 [REDACTED]         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. Receipt of appraisal not found in the file.     Reviewer Comment (2019-07-11): Rec'd disclosure tracking detail indicating appraisal report was sent and rec'd by the borrower on [REDACTED].


Buyer Comment (2019-07-09): Please review the disclosure tracking .  The appraisal was sent to the borrower on [REDACTED].
 07/11/2019     1 A   CA Primary Purchase   C B A A C B A A Non QM Non QM No
206964321 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.56630% or Final Disclosure APR of 6.61600% is in excess of allowable threshold of APOR 4.18% + 1.5%, or 5.68000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-11): Rec'd disclosure tracking detail indicating appraisal report was sent and rec'd by the borrower on [REDACTED].


Buyer Comment (2019-07-09): [REDACTED] appraisal fee was always disclosed as $550.  On the initial LE it was split up between $425 for appraiser and $125 for [REDACTED].   On the [REDACTED] LE it was all lumped into one fee at $550.     The total appraisal amount did not change and this would have caused the APR to go down.
 07/11/2019     1 A   CA Primary Purchase   C B A A C B A A Non QM Non QM No
206964321 [REDACTED]         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. Receipt of appraisal not found     Reviewer Comment (2019-07-11): Rec'd disclosure tracking detail indicating appraisal report was sent and rec'd by the borrower on [REDACTED].


Buyer Comment (2019-07-09): Please review the disclosure tracking.  The appraisal was sent to the borrower on [REDACTED] and accepted on [REDACTED].
 07/11/2019     1 A   CA Primary Purchase   C B A A C B A A Non QM Non QM No
206964321 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed $0.00     Reviewer Comment (2019-07-10): Initial LE had total fees for appraisal of $550 broken out.  - exception cleared.
 07/10/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
206964321 [REDACTED]         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. Unable to determine date received.  Missing signature/date.     Reviewer Comment (2019-07-10): disclosure tracking details provided


Buyer Comment (2019-07-10): Please review the signed [REDACTED] CD.  Thanks
 07/10/2019     1 A   CA Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
206964321 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Not located in file             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
206964321 [REDACTED]         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 $450.00 exceeds tolerance of $425.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee.     Reviewer Comment (2019-07-10): Initial LE had total fees for appraisal of $550 broken out.  - exception cleared.


Buyer Comment (2019-07-09): [REDACTED] appraisal fee was always disclosed as $550.  On the initial LE it was split up between $425 for appraiser and $125 for [REDACTED].   On the [REDACTED] LE it was all lumped into one fee at $550.     Please review the LE attached.
 07/10/2019     1 A   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
207031019 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 937 < 1200 required. LTV @ 65% < 80% max, 101 mos reserves > 6 mos required Originator Pre-Close Reviewer Comment (2019-06-24): CRE D02
     06/24/2019 2 B   FL Investment Purchase   C B C B     A A     No
207031020 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Title Preliminary not provided         Reviewer Comment (2019-06-27): Received final
 06/27/2019     1 A   FL Investment Purchase   C B C B     C A     No
207031020 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.         Reviewer Comment (2019-06-27): Received final
 06/27/2019     1 A   FL Investment Purchase   C B C B     C A     No
207031020 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B C B     C A     No
207031020 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 897 < 1200 required 744 representative FICO score > 640 guideline minimum Originator Reviewer Comment (2019-06-27): Received CRE
     06/27/2019 2 B   FL Investment Purchase   C B C B     C A     No
207031021 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207031021 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-06-26): Closing Protection Letter provided
 06/26/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207031022 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B C B     C A     No
207031022 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1010 < 1200 required. Credit score 797 Originator Reviewer Comment (2019-06-27): Received CRE
     06/27/2019 2 B   FL Investment Purchase   C B C B     C A     No
207031023 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A C A     C A     No
207031023 [REDACTED]         Credit Insurance Insurance Documentation Flood Insurance Error: Coverage amount was not provided.   [REDACTED] Insurance Binder does not break out amount of flood insurance coverage.     Reviewer Comment (2019-06-27): Received
 06/27/2019     1 A   FL Investment Purchase   C A C A     C A     No
207085809 [REDACTED]         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 $665.00 exceeds tolerance of $540.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/20/2019   1 A   CA Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
207085809 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED] 1040             2 B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
207085810 [REDACTED]         Credit Credit Credit Documentation No evidence of fraud report in file   Missing fraud report for [REDACTED] .  Fraud report in file is only for  [REDACTED] .     Reviewer Comment (2019-06-27): Fraud Report provided for [REDACTED] ([REDACTED] (D0280)
 06/27/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207085810 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207085811 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207085811 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-26): Mortgage statement provided


Reviewer Comment (2019-07-01): Still missing copy of mortgage statement.


Buyer Comment (2019-06-27): Refer to Schedule E.
 07/26/2019     1 A   TX Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207085811 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-26): Mortgage statement provided
 07/26/2019     1 A   TX Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207085811 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-26): Mortgage statement provided
 07/26/2019     1 A   TX Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207085811 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Maximum 80% LTV for Investment refinance 37 months reserves > 4 months guideline minimum Originator Reviewer Comment (2019-08-14): CRE D239
     08/14/2019 2 B   TX Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207085812 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal reported association dues as being $[REDACTED]/month, which is greater than the non-escrowed costs being disclosed on the CD.     Reviewer Comment (2019-06-28): Letter of Explanation & Corrected Closing Disclosure provided
   06/28/2019   2 B   AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B B A Non QM Non QM Yes
207085812 [REDACTED]         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 [REDACTED] 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 CD does disclose the mismatched cash to close amounts on page 3.     Reviewer Comment (2019-07-02): Letter of Explanation & Corrected Closing Disclosure required to cure.  Post Close CD received.  Summary of Transaction page 4 cash to close does not match cash to close in the Calculating Cash to Close Section
       2 B   AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B B A Non QM Non QM Yes
207085812 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B B A Non QM Non QM No
207085812 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - The second mortgage statement and HOA verification were not provided for [REDACTED].     Reviewer Comment (2019-07-05): HELOC (Credit Report)


Buyer Comment (2019-07-05): Mortgage Stmt uploaded


Reviewer Comment (2019-06-30): Received HOA info but not the mortgage statement.
 07/05/2019     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B B A Non QM Non QM No
207085812 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   [REDACTED] bank statement for income calculation is missing.     Reviewer Comment (2019-06-30): Received
 06/30/2019     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B B A Non QM Non QM No
207085812 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $250.00 + $5.00     Reviewer Comment (2019-07-02): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   07/02/2019   2 B   AZ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B B A Non QM Non QM Yes
207085812 [REDACTED]         Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[REDACTED]  is less than amount of binding Lender Credit previously disclosed in the amount of $[REDACTED]. $250.00     Reviewer Comment (2019-07-02): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-06-26): [REDACTED] received a COC for adding a final inspection.  This does not apply to the exception for lender credit.  Exception stands.
   07/02/2019   2 B   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 B A Non QM Non QM Yes
207085812 [REDACTED]         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 $60.00 exceeds tolerance of $50.00 plus 10% or $55.00.  Insufficient or no cure was provided to the borrower. Recording Fee increase     Reviewer Comment (2019-07-02): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-06-26): [REDACTED] received a COC for adding a final inspection on [REDACTED].  This does not apply to the exception for 10% tolerance violation for recording fees.  Exception stands.
   07/02/2019   2 B   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 B A Non QM Non QM Yes
207085812 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. ESign Consent Agreement Disclosure Provided Date [REDACTED] > Lesser Of Creditor Originator Plus 3[REDACTED]     Reviewer Comment (2019-06-28): Disclosure summary received confirms LE was also sent via regular mail on [REDACTED]


Reviewer Comment (2019-06-26): Initial and only LE issued on[REDACTED] at 5:42PM PST was electronically signed by the Borrower on [REDACTED], which indicates the form was sent prior to the eConsent date of [REDACTED].  Exception stands.


Buyer Comment (2019-06-25): Initial Loan Estimate was also sent in the [REDACTED] (which is a standard practice for AO) and received [REDACTED].  Econsent was on [REDACTED]3.  Please waive.
 06/28/2019     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B B A Non QM Non QM No
207085812 [REDACTED]         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 $60.00 exceeds tolerance of $50.00 plus 10% or $55.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-07-02): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   07/02/2019   2 B   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 B A Non QM Non QM Yes
207085815 [REDACTED]         Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED]             2 B   FL Primary Purchase   C B C B B B A A Non QM Non QM No
207085815 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Credit report reflects Paid Charge-off ([REDACTED]) account in [REDACTED]. Guidelines reflects no charge-offs are allowed in the past two years. $12,554.55 Residual Income Originator Reviewer Comment (2019-07-02): Received Credit Risk Summary & Exception Approval. Borrower had a disputed chargeoff with Verizon, acct has -0- balance. Compensating Factors: 1) Credit History. 2) Residual Income.


Reviewer Comment (2019-06-29): Received Credit Risk Summary & Exception Approval. Borrower had a disputed chargeoff with [REDACTED], acct has -0- balance. Compensating Factors: 1) Credit History. 2) Residual Income.
     06/29/2019 2 B   FL Primary Purchase   C B C B B B A A Non QM Non QM No
207085815 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing vvoe for CoBorrower     Reviewer Comment (2019-07-18): Rec'd VVOE


Reviewer Comment (2019-06-29): Guideline [REDACTED]: VOE required
 07/18/2019     1 A   FL Primary Purchase   C B C B B B A A Non QM Non QM No
207085816 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Primary Purchase   C B A A B B C A Non QM Non QM No
207085816 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Disclosure does not reflect number of months collected for property taxes under prepaids.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207085819 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $ [REDACTED]     Reviewer Comment (2019-06-26): Tolerance exceptions are addressed. Exception Cleared.
 06/26/2019     1 A   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207085819 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-06-26): [REDACTED] reviewed exception. Fee was paid to same provider. Exception Cleared.
 06/26/2019     1 A   IL 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
207085819 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for IL APLD Certificate Service.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-06-26): [REDACTED] reviewed exception. Fee was paid to same provider. Exception Cleared.


Buyer Comment (2019-06-25): borrower chose this settlement company and we are not subject to tolerance for this title fee. please clear
 06/26/2019     1 A   IL 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
207085821 [REDACTED]         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. Asset Qualifier     Reviewer Comment (2019-07-01): Loan meets Residual Income requirements
 07/01/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B B A Non QM Non QM Yes
207085821 [REDACTED]         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). Asset Qualifier             2 B   FL Primary Purchase   C B C B C B B A Non QM Non QM No
207085821 [REDACTED]         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 $565.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/20/2019   1 A   FL Primary Purchase Final CD evidences Cure C B C B C B B A Non QM Non QM Yes
207085821 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C B C B B A Non QM Non QM No
207085821 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Risk Summary & Exception Approval in file. Assets seasoning requirements not met. Compensating Factors: 1) Credit Score. 2) LTV. 772 representative FICO score > 700 guideline minimum

70% < 75% maximum LTV		 Originator

Originator		 Reviewer Comment (2019-06-24): Compensating Factors: 1) Credit Score. 2) LTV.
     06/24/2019 2 B   FL Primary Purchase   C B C B C B B A Non QM Non QM No
207085822 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-06-26): [REDACTED] Short Form Loan Policy was provided
 06/26/2019     1 A   GA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207085822 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-06-26): [REDACTED] Short Form Loan Policy was provided
 06/26/2019     1 A   GA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207087238 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Investment Purchase   C A A A     C A     No
207092786 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207092787 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-07-05): Rec'd Security Instrument in trailing docs.
 07/05/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     C A     No
207092787 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     C A     No
207092787 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided   Rec'd Security Instrument in trailing docs; missing PUD Rider.     Reviewer Comment (2019-07-11): PUD Rider provided
 07/11/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     C A     No
207092787 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - 1-4 Family not provided   Rec'd Security Instrument in trailing docs; missing 1-4 Family Rider.     Reviewer Comment (2019-07-11): 1-4 Rider provided
 07/11/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     C A     No
207092787 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided   Rec'd Security Instrument in trailing docs; missing Prepayment Rider.     Reviewer Comment (2019-07-11): Prepayment Rider provided
 07/11/2019     1 A   CA Investment Refinance - Cash-out - Other   D A D A     C A     No
207092788 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C A A A     C A     No
207092789 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B B B     C A     No
207092789 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property, Condo Project Ineligible - Reserve Fund is 3.2% < than the 5% of annul budget required Reserves @ 255 mos > 6 required, and DSCR @ 1.27 Originator Pre-Close Reviewer Comment (2019-07-01): CRE D004
     07/01/2019 2 B   FL Investment Purchase   C B B B     C A     No
207092790 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-07-15): FSD < .2


Reviewer Comment (2019-07-03): Duplicate copy of [REDACTED] AVM provided.  Issue remains EV3 for a [REDACTED] Desk Review
 07/15/2019     1 A   FL Investment Purchase   C A A A     C A     No
207092791 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Purchase   C A A A     C A     No
207092792 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Investment Purchase   C A A A     C A     No
207092793 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Investment Purchase   C B C B     C A     No
207092793 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. DSCR @ 95%, LTV must be 75% or less 722 FICO > 700 minimum

17.50 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-05): CRE provided for 80% LTV > 75% maximum
     07/05/2019 2 B   TN Investment Purchase   C B C B     C A     No
207092794 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207092795 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207092797 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-07-03): FSD is 0.157
 07/03/2019     1 A   NM Investment Refinance - Rate/Term   C B C B     C A     No
207092797 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property, square footage @ 908 < 1200 required 18.55 months reserves > 6 months guideline minimum

Guideline variance approved by lender at time of origination.
Payment shock is -0.666%		 Originator

Originator		 Reviewer Comment (2019-07-03): CRE with comp factors provided in trailing docs.
     07/03/2019 2 B   NM Investment Refinance - Rate/Term   C B C B     C A     No
207092797 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.   AVM does not support appraised value within 10%.     Reviewer Comment (2019-07-08): Duplicate copy of [REDACTED] AVM dated [REDACTED] provided.   AVM [REDACTED] value variance 16.32% vs. [REDACTED] 1004 appraised value.
 07/08/2019     1 A   NM Investment Refinance - Rate/Term   C B C B     C A     No
207092833 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___       Reviewer Comment (2019-07-19): Final Closing Disclosure (D0142) discloses $1,733.00 Homeowner's Insurance Premium (12 mos) disbursed to [REDACTED] at closing
 07/19/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207092833 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207092833 [REDACTED]         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 [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Closing Disclosure is escrowing for Flood Insurance. Flood Insurance in file is not for the subject property.     Reviewer Comment (2019-07-01): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 07/01/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207092833 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Payment is incorrect because the escrow payment include a flood insurance that is not provided or  required  of $[REDACTED] monthly. without this amount the escrow amount should be $[REDACTED] monthly taxes and insurance     Reviewer Comment (2019-07-01): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 07/01/2019     1 A   TX 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
207092833 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Payment is incorrect because the escrow payment include a flood insurance that is not provided or  required  of $[REDACTED] monthly. without this amount the escrow amount should be $[REDACTED] monthly taxes and insurance     Reviewer Comment (2019-07-01): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 07/01/2019     1 A   TX 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
207092833 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. This was 0     Reviewer Comment (2019-07-01): [REDACTED] received PCCD correcting flood insurance months and LOE. Exception Cleared.
   07/01/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207092833 [REDACTED]         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 $71.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-07-01): [REDACTED] received lender attestation. Exception Cleared.
 07/01/2019     1 A   TX 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
207092833 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $71.00 + $2.00     Reviewer Comment (2019-07-01): Tolerance exceptions are addressed. Exception Cleared.
 07/01/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207092833 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing loan underwriters bank statement income worksheet     Reviewer Comment (2019-07-17): Rec'd worksheet.
 07/17/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207092833 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-19): [REDACTED] Statement of Account reconciles [REDACTED] Promissory Note as secured by [REDACTED].    Note is not secured by Borrower's primary residence.


Reviewer Comment (2019-07-02): Rec'd a copy of a note; no property is identified.
 07/19/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207092833 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. ESign Consent Agreement Disclosure Provided Date [REDACTED] > Lesser Of Creditor Originator Plus 3 [REDACTED]     Reviewer Comment (2019-07-01): [REDACTED] received lender correspondence.  The disclosure tracking indicating the [REDACTED] LE was sent [REDACTED] therefore timing issue is met. Exception Cleared.
 07/01/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207092833 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE     Reviewer Comment (2019-07-01): [REDACTED] received lender attestation. Exception Cleared.
 07/01/2019     1 A   TX 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
207092834 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing documentation for HELOC proceeds as per the Final 1003.     Reviewer Comment (2019-07-08): [REDACTED]eparture converted to investment secures a [REDACTED] HELOC held by [REDACTED].   Full [REDACTED] draw dated[REDACTED] made by Borrower.  Copy of [REDACTED] check payable to settlement agent for purchase closing provided.    5% x [REDACTED] / 12 included as 2nd payment amount and DTI
 07/08/2019     1 A   OR Primary Purchase   C B C A B B C A Non QM Non QM No
207092834 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard insurance effective [REDACTED]; loan closed[REDACTED].     Reviewer Comment (2019-07-10): Received Lenders Attestation letter stating "that per the insurance company there has been no claims placed on this property".
 07/10/2019     1 A   OR Primary Purchase   C B C A B B C A Non QM Non QM No
207092834 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing documentation for HELOC proceeds as per the Final 1003.     Reviewer Comment (2019-07-08): [REDACTED] converted to investment secures a [REDACTED] HELOC held by [REDACTED].   Full [REDACTED] draw dated[REDACTED] made by Borrower.  Copy of [REDACTED] check payable to settlement agent for purchase closing provided.    5% x [REDACTED] / 12 included as 2nd payment amount and DTI
 07/08/2019     1 A   OR Primary Purchase   C B C A B B C A Non QM Non QM No
207092834 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Primary Purchase   C B C A B B C A Non QM Non QM No
207092834 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Closing Disclosure shows Appraisal Fee and Credit Report payable to the Broker.             2 B   OR Primary Purchase Good Faith Redisclosure C B C A B B C A Non QM Non QM Yes
207092835 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. # of months of prepaid property taxes was not reflected on Final CD page 2.             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207092835 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Minimum FICO score for 12 months business bank statement program is 680. Guideline variance approved by lender at time of origination 20.99%

Guideline variance approved by lender at time of origination. 10 months reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-03): waived to a 2


Reviewer Comment (2019-07-02): Exception approval received


Buyer Comment (2019-07-01): Please downgrade to a 2.


Reviewer Comment (2019-06-28): Lender approved exception for FICO was provided. Exception is clear.
     06/28/2019 2 B   IL Primary Purchase   C B C B C B A A Non QM Non QM No
207092835 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $125.00 + $175.00     Reviewer Comment (2019-06-28): Fees required by borrower's provider and not subject to 0% testing. Exception is clear.
 06/28/2019     1 A   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207092835 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE and not paid to [REDACTED]Company.     Reviewer Comment (2019-06-28): Fees required by borrower's provider and not subject to 0% testing. Exception is clear.
 06/28/2019     1 A   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 C B A A Non QM Non QM Yes
207092835 [REDACTED]         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 $175.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE and not paid to [REDACTED]Company.     Reviewer Comment (2019-06-28): Fees required by borrower's provider and not subject to 0% testing. Exception is clear.
 06/28/2019     1 A   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 C B A A Non QM Non QM Yes
207092837 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Missing Closing disclosure for [REDACTED] per the Change of Circumstance- Loan changed from ARM to 30 year Fixed Rate on this date.     Reviewer Comment (2019-07-15): [REDACTED] received attestation that CD was not sent to borrower on [REDACTED].


Buyer Comment (2019-07-11): There is no cd for [REDACTED]1 as explained in the attestation letter the date on the coc was incorrectly inputted.


Reviewer Comment (2019-07-10): Missing Closing Disclosure associated with Notice of Change of Circumstances Reasons Closing Disclosure dated[REDACTED] (D0112). Loan type changed from ARM to 30 Year Fixed rate per consumer's request.


Reviewer Comment (2019-07-03): Missing Closing Disclosure associated with Notice of Change of Circumstances Reasons Closing Disclosure dated[REDACTED] (D0112). Loan type changed from ARM to 30 Year Fixed rate per consumer's request.


Buyer Comment (2019-07-01): This loan is a [REDACTED] ARM.  There were changes to the loan before this loan was CTC but the finalization of the loan is a ARM.


Reviewer Comment (2019-07-01): The file contains 2 separate COC's dated[REDACTED] the loan changed to a 30 year fixed rate. The Note in the file signed by the Borrower is an ARM. The CD;s in the file disclosed as an ARM. There is a 1008 showing a fixed rate as well. However, disclosure summary does not show an amended or revised CD issued on[REDACTED]Provide clarification or explanation on the COC's provided for the fixed rate product.


Reviewer Comment (2019-07-01): The file contains 2 separate COC's dated[REDACTED] the loan changed to a 30 year fixed rate. The Note in the file signed by the Borrower is an ARM. The CD;s in the file disclosed as an ARM. There is a 1008 showing a fixed rate as well. However, disclosure summary does not show an amended or revised CD issued on[REDACTED]We will need some clarification or explanation on the COC's provided for the fixed rate product.
 07/15/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092837 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092837 [REDACTED]         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 $700.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/24/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207092837 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/24/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207092837 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing proof of 100% ownership of business for business bank statement program.     Reviewer Comment (2019-07-01): All business entity documents only reflect borrower, ok to clear
 07/01/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092839 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-07-09): Amended Preliminary Title Report with a proposed [REDACTED] policy amount
 07/09/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Per HOI policy invoice the amount collected under prepaids is the balance due at time of closing. 12 months would be $[REDACTED].             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207092839 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Guidelines allow transfers from business account to [REDACTED] account. Need verification of account transfers from account ending #[REDACTED] to confirm they are from business account.     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed. Revised disposable income $14,181.28
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Missing a copy of statement for account #[REDACTED] to verify transfers to [REDACTED] account used for income were from a business account.     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed.
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Missing a copy of statement for account [REDACTED] to verify transfers to [REDACTED] account used for income were from a business account.     Reviewer Comment (2019-07-25): Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor Qualifying Residual income discrepancy.   Missing a copy of statement for account [REDACTED] to verify transfers to [REDACTED] account used for income were from a business account.     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised disposable income $14,181.28
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         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     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed. Revised disposable income $14,181.28
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
207092839 [REDACTED]         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     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed. Revised disposable income $14,181.28
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092839 [REDACTED]         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 205.34532% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI     Reviewer Comment (2019-07-25): (Stip) Received a copy of [REDACTED] business bank statement for [REDACTED] [REDACTED] documenting transfers to Borrower's [REDACTED] personal account are from Borrower's business and can be included in usable deposits to determine income. Revised DTI 38.80% / 49.86% less than 40% / 55% maximum allowed. Revised disposable income $14,181.28
 07/25/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207092840 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Blank field on CD             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207092841 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207092846 [REDACTED]         Credit System General Valuation address does not match Note address. - Valuation address does not match Note address.

Valuation Address: [REDACTED]
Note Address:  [REDACTED]		     Reviewer Comment (2019-07-27): Rec'd corrected appraisal report in trailing docs.
 07/27/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C A A A B B N/A N/A No
207092846 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-20): No CU Score and no FreddieMac eligibility provided
       2 B   NJ Investment Refinance - Cash-out - Other   C B C A A A B B N/A N/A No
207092849 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   UT Primary Purchase   C B A A C B C A Non QM Non QM No
207092849 [REDACTED]         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 $629.00 exceeds tolerance of $479.00.  Sufficient or excess cure was provided to the borrower at Closing.           06/24/2019   1 A   UT Primary Purchase Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
207092849 [REDACTED]         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. The [REDACTED] CD is missing.  The only CD in the file is dated [REDACTED] which was one day prior to closing.     Reviewer Comment (2019-06-29): CD provided. Exception is clear.
 06/29/2019     1 A   UT Primary Purchase No Defined Cure C B A A C B C A Non QM Non QM No
207092849 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. The borrower's CD shows one seller fee but a separate seller CD was not included.             2 B   UT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207092852 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller fees shown on borrower's CD only.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207092852 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Per dec page insurance effective date is [REDACTED]     Reviewer Comment (2019-07-01): Rec'd attestation that no claims have been placed on the property.
 07/01/2019     1 A   CA Primary Purchase   C B C A C B C A Non QM Non QM No
207092852 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C A C B C A Non QM Non QM No
207092852 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $125.00     Reviewer Comment (2019-06-28): Fee paid to borrower chosen provider - no tolerance testing
 06/28/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207092852 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Not disclosed on LE and paid to different provider     Reviewer Comment (2019-06-28): Fee paid to borrower chosen provider - no tolerance testing
 06/28/2019     1 A   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
207092853 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MO Primary Purchase   C B B B A A C A Non QM Non QM No
207092853 [REDACTED]         Credit Income / Employment Income Documentation Employment Error: Employment job title not provided. - Job title was not provided.  Per guidelines, employment must be stable with at least a two (2) year history in the same job or jobs in the same field. Current employment is < 2 years.  Unable to determine if previous employment is in the same job or in the same field.             2 B   MO Primary Purchase   C B B B A A C A Non QM Non QM No
207092854 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-07-11): Rec'd Final Title policy in trailing docs; Exception cleared.
 07/11/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-07-11): Rec'd Final Title policy in trailing docs; Exception cleared.
 07/11/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Note, Mortgage and Closing Disclosure show street name as [REDACTED] (should be [REDACTED])     Reviewer Comment (2019-07-11): Insurance address is correct
 07/11/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit System General Flood Certificate Subject Address does not match Note address.   Note, Mortgage and Closing Disclosure show street name as [REDACTED] (should be [REDACTED])     Reviewer Comment (2019-07-11): Flood Cert address is correct
 07/11/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit System General Valuation address does not match Note address. - Note, Mortgage and Closing Disclosure show street name as [REDACTED] (should be [REDACTED])     Reviewer Comment (2019-07-11): Appraisal address is correct.
 07/11/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Note, Mortgage and Closing Disclosure show street name as [REDACTED] (should be [REDACTED])     Reviewer Comment (2019-07-11): Missing corrected Note.
       2 B   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Compliance Loan Package Documentation Loan File (Missing Doc) Incomplete loan images/file   Note Error: Note address is incorrect.  Note reflects address as [REDACTED] and the correct property address is [REDACTED].  Rec'd corrected Recorded Mortgage, PUD Rider, and PC Corrected CD in trailing docs.  Appraisal, HOI, and Flood Cert are all correct.     Reviewer Comment (2019-07-18): Rec'd corrected note.  Missing 1003 and loan approval reflecting correct address.
 07/18/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit System General 1003 Subject Address does not match Note address.         Reviewer Comment (2019-07-25): Corrected 1003 with change initialed provided (D0228)
 07/25/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092854 [REDACTED]         Credit System General AUS/Approval Subject Address does not match Note address.         Reviewer Comment (2019-08-05): Loan Approval provided
 08/05/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207092857 [REDACTED]         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. Evidence of delivery of second appraisal was not provided.             2 B   CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207092857 [REDACTED]         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). No DTI, asset qualifier loan.             2 B   CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207092857 [REDACTED]         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 20,548.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Yearly taxes are $[REDACTED] per documentation provided.     Reviewer Comment (2019-07-05): [REDACTED] received PCCD correcting total property costs and LOE. Exception Cured.
   07/05/2019   2 B   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
207092857 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date ([REDACTED]) that did not match the actual date of consummation.             2 B   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
207092857 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for homeowner's insurance under Prepaids. Closing Disclosures shows zero months.             2 B   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
207092857 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Occupancy discrepancy. Property occupancy of ___ does not match Guideline property occupancy of ___. Credit Risk Summary & Exception Approval in file. 2nd home occupancy (guides only allow primary res). Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves. 783 representative FICO score > 700 guideline minimum - 83 points above guideline minimum

49.80822% LTV < 75% guideline max -  $919,499.97 more equity than required by program guidelines

No derogatory credit to [REDACTED].

$6 million liquid assets.		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-07-01): Received CRE [REDACTED]


Reviewer Comment (2019-06-28): Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves.
     07/01/2019 2 B   CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207092857 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue:  Refinance seasoning requirements not met   Credit Risk Summary & Exception Approval in file. Assets not sourced. Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves. 783 representative FICO score > 700 guideline minimum - 83 points above guideline minimum

49.80822% LTV < 75% guideline max -  $919,499.97 more equity than required by program guidelines

$6 million liquid assets.		 Originator

Originator

Originator		 Reviewer Comment (2019-07-01): Exception approval in file with comp factors


Reviewer Comment (2019-06-28): Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves.
     06/28/2019 2 B   CA Second Home Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207092857 [REDACTED]         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 (2019-07-02): Meets Guidelines residual Income considerations
 07/02/2019     1 A   CA Second Home Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
207092862 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Second Home Purchase   C B B B B B C A Non QM Non QM No
207092862 [REDACTED]         Credit Data Verification General The Investor's qualifying total debt ratio is less than the QM qualifying total debt ratio.   Investor is qualifying on the greater of the note rate and fully indexed rate, which in this case is the note rate. QM qualifying is based on 2% higher than the note rate.             2 B   NC Second Home Purchase   C B B B B B C A Non QM Non QM No
207092862 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller Closing Disclosure is not evident in the file.             2 B   NC Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
207092865 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207092865 [REDACTED]         Credit Data Verification General The Investor's qualifying total debt ratio is less than the QM qualifying total debt ratio.   Investor is qualifying on the greater of the note rate and fully indexed rate, which in this case is the note rate. QM qualifying is based on 2% higher than the note rate.             2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207092865 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Asset Account Date: ___ 5.2 Age of Documents
Credit documents must be no more than 90-days old on the date the note is signed.		 10% DTI  < 55% guideline max.

Borrower has a disposable income of $52,600		 Originator

Originator		 Reviewer Comment (2019-07-02): Rec'd exception for bank statement > 90 days from the note date.
     07/02/2019 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207092868 [REDACTED]         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 [REDACTED] 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. Summaries of Transactions total $[REDACTED], Calculating cash to close total $[REDACTED]. Variance $[REDACTED]             2 B   CO Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C A B B C B Non QM Non QM Yes
207092868 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-03): Rec'd duplicate copy of [REDACTED] AVM with FSD score of 0.22 which is not at or below 0.2; Exception will remain.
 09/12/2019     1 A   CO Primary Refinance - Cash-out - Home Improvement   C B C A B B C B Non QM Non QM No
207092868 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Missing Document: Note - Subordinate Lien not provided   Borrower explanation D0159 States Credit Inquiry [REDACTED] by [REDACTED] purpose 2nd/HELOC accompanying my loan loan with [REDACTED] subject.  
Proof of 2nd lien was not provided.  Findings may vary based on additional lien on subject property.		     Reviewer Comment (2019-07-19): Rec'd LOE, no 2nd lien.
 07/19/2019     1 A   CO Primary Refinance - Cash-out - Home Improvement   C B C A B B C B Non QM Non QM No
207092868 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CO Primary Refinance - Cash-out - Home Improvement   C B C A B B C B Non QM Non QM No
207092870 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Lender exception granted.  Compensating factors are Credit History and Residual Income. Credit History - Borrower's credit history reflects borrower is a  responsible credit user and does not have any adverse credit reported.

Residual - Borrower on this twelve month business bank statement documentation loan has a disposable income of $3,927.20 exceeding the $1,500 minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-21): Exception granted for reserves requirements not being met supported by compensating factors.
     06/21/2019 2 B   OH Primary Purchase   C B B B C A C A Non QM Non QM No
207092870 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Primary Purchase   C B B B C A C A Non QM Non QM No
207092870 [REDACTED]         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.       Reviewer Comment (2019-07-25): [REDACTED] received a recorded Affidavit of Facts Relating to Title correcting the erroneous date of the Notary Date on the original Security Instrument.
 07/25/2019     1 A   OH Primary Purchase   C B B B C A C A Non QM Non QM Yes
207092870 [REDACTED]         Compliance Compliance State Compliance Ohio Consumer Sales Practices Act (Closing Disclosure Not Provided Timely) Ohio Consumer Sales Practices Act:  Consumer did not receive the required Closing Disclosure at the time of closing. Security Instrument notary date is [REDACTED]instead of document date of [REDACTED]Closing and settlement date are [REDACTED].     Reviewer Comment (2019-07-25): [REDACTED] received a recorded Affidavit of Facts Relating to Title correcting the erroneous date of the Notary Date on the original Security Instrument.
 07/25/2019     1 A   OH Primary Purchase   C B B B C A C A Non QM Non QM No
207092870 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Security Instrument notary date is [REDACTED]instead of document dates of [REDACTED].     Reviewer Comment (2019-07-25): [REDACTED] received a recorded Affidavit of Facts Relating to Title correcting the erroneous date of the Notary Date on the original Security Instrument.
 07/25/2019     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A C A Non QM Non QM Yes
207092870 [REDACTED]         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. CD not provided as required.  Security Instrument notary date is [REDACTED]instead of document date of [REDACTED].     Reviewer Comment (2019-07-25): [REDACTED] received a recorded Affidavit of Facts Relating to Title correcting the erroneous date of the Notary Date on the original Security Instrument.


Reviewer Comment (2019-07-01): [REDACTED] received the Final CD issued [REDACTED]. The issue is the Notary date on the Security Instrument is dated [REDACTED] and the [REDACTED] CD is being used as the Final CD since the documents have a Notary date of [REDACTED].
 07/25/2019     1 A   OH Primary Purchase No Defined Cure C B B B C A C A Non QM Non QM No
207092870 [REDACTED]         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. Seller Fees on Seller CD do not match Seller Fees on Buyer CD.     Reviewer Comment (2019-07-25): [REDACTED] received a recorded Affidavit of Facts Relating to Title correcting the erroneous date of the Notary Date on the original Security Instrument.
 07/25/2019     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A C A Non QM Non QM Yes
207092870 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. See zero tolerance exceptions for details.     Reviewer Comment (2019-07-29): Fees paid to borrower chosen provider in Section C.
 07/29/2019     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A C A Non QM Non QM Yes
207092870 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Service Charge Fee was added without a valid COC.     Reviewer Comment (2019-07-29): Fees paid to borrower chosen provider in Section C.
 07/29/2019     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A C A Non QM Non QM Yes
207092870 [REDACTED]         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 $20.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Wire/Funding Fee was added without a valid COC.     Reviewer Comment (2019-07-29): Fees paid to borrower chosen provider in Section C.
 07/29/2019     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A C A Non QM Non QM Yes
207092873 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.20990% or Final Disclosure APR of 8.26000% is in excess of allowable threshold of APOR 4.14% + 1.5%, or 5.64000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-08): Removed on Compliance re-run.
 07/08/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207092873 [REDACTED]         Compliance Compliance Federal Compliance (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. Greater than 20% increase in sales price if the seller acquired the property in the past 91-180 days requires a full second appraisal.  Property acquired [REDACTED] prior to note date     Reviewer Comment (2019-07-08): Seller acquired property through Foreclosure sale; 2nd appraisal is not required.
 07/08/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207092873 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing Hazard verification for departing property.     Reviewer Comment (2019-08-15): HOI verification provided
 08/15/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207092873 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207092875 [REDACTED]         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 $[REDACTED]on Final Closing Disclosure provided on [REDACTED] not accurate. [REDACTED]     Reviewer Comment (2019-07-10): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   07/10/2019   2 B   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207092875 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. [REDACTED]     Reviewer Comment (2019-07-10): Tolerance exceptions are addressed. Exception Cleared.
 07/10/2019     1 A   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207092875 [REDACTED]         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 $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and provided by a different service provider.     Reviewer Comment (2019-07-10): [REDACTED] reviewed exception. Fee is outsourced by provider. Exception Cleared.
 07/10/2019     1 A   CT 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
207092875 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-07-12): $160,000.00 Final Policy of Title Insurance provided
 07/12/2019     1 A   CT Primary Purchase   C B C B C B C A Non QM Non QM No
207092875 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-07-12): $160,000.00 Final Policy of Title Insurance provided
 07/12/2019     1 A   CT Primary Purchase   C B C B C B C A Non QM Non QM No
207092875 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CT Primary Purchase   C B C B C B C A Non QM Non QM No
207092875 [REDACTED]         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 $149.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and provided by a different service provider.     Reviewer Comment (2019-07-10): [REDACTED] reviewed exception. Fee is paid to same provider. Exception Cleared.
 07/10/2019     1 A   CT 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
207092875 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Did not give credit for Pending Sale Proceeds - HUD-1 is not fully executed and excluded $[REDACTED] from [REDACTED] - source of deposit was not documented.     Reviewer Comment (2019-08-05): updated with executed HUD for sale of other home


Reviewer Comment (2019-07-23): Copy of signed final statement verifying sale of departure residence prior to[REDACTED] verifying net proceeds to Borrower was not provided


Buyer Comment (2019-07-18): The Title company closed both departing residence and the subject property.  As a result of this, the funds from the departing residence were held by the Title company after closing for the purchase of the subject property. Please review the title company's transaction details stmt.


Reviewer Comment (2019-07-12): Copy of signed final statement verifying sale of departure residence prior to[REDACTED] verifying net proceeds to Borrower was not provided
 08/05/2019     1 A   CT Primary Purchase   C B C B C B C A Non QM Non QM No
207092875 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Paystubs do not indicated that Borrower works 40 hour weeks. 25.09 months reserves > 4.00 months guideline minimum

715 representative FICO score > 660 guideline minimum

Borrower has job stability for 3.26 years employed with [REDACTED]		 Originator

Originator

Originator		 Reviewer Comment (2019-07-23): CRE provided for 44.18% housing ratio > 40% maximum
     07/23/2019 2 B   CT Primary Purchase   C B C B C B C A Non QM Non QM No
207092875 [REDACTED]         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 $475.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing. A cure was provided at closing. Exception Cured.         07/10/2019   1 A   CT Primary Purchase Final CD evidences Cure C B C B C B C A Non QM Non QM Yes
207092878 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee of $[REDACTED] exceeds tolerance of $[REDACTED]. Sufficient was provided to the borrower at Closing.         06/21/2019   1 A   FL Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
207092878 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED]             2 B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
207092878 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED]             2 B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
207092885 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Final 1003 disclosed Cash out transaction [REDACTED] $[REDACTED].  Proof was not provided.  Assets were not considered causing shortage.     Reviewer Comment (2019-07-03): Rec'd CD from refinance of other real estate netting sufficient funds to close / reserves.
 07/03/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Documentation provided discloses [REDACTED]is being refinanced.  Proof of new PITIA payment was not provided.     Reviewer Comment (2019-07-03): Rec'd CD from refinance of other real estate netting sufficient funds to close / reserves and verifying PITIA.
 07/03/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-07-02): Initial LE issued by Broker was digitally signed prior to the eConsent from the Lender.  Based on guidance from OC missing eConsent or eConsent obtained after initial LE would result in EV3 timing violation but can still be used to set baseline for fees.
 07/02/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $10.00.     Reviewer Comment (2019-07-02): Initial LE issued by Broker was digitally signed prior to the eConsent from the Lender.  Based on guidance from OC missing eConsent or eConsent obtained after initial LE would result in EV3 timing violation but can still be used to set baseline for fees.
 07/02/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207092885 [REDACTED]         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 $10.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $10.00 due Borrower.  Fee was not disclosed on initial LE or by way of valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-07-02): Initial LE issued by Broker was digitally signed prior to the eConsent from the Lender.  Based on guidance from OC missing eConsent or eConsent obtained after initial LE would result in EV3 timing violation but can still be used to set baseline for fees.
 07/02/2019     1 A   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 C A Non QM Non QM Yes
207092885 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   NSF and overdraft activity must be reviewed for acceptability.  Bank statements used to determine income indicate 12 NSF/Overdrafts.  Missing Lender's statement NSF's/Overdrafts were reviewed for acceptability.     Reviewer Comment (2019-07-08): 1008 provided stated Lender reviewed file for NSF and overdraft activity.  File acceptable,
 07/08/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         Credit Asset Asset Calculation / Analysis Guideline Requirement: Available for Reserves discrepancy.   Fully executed settlement statement for refinance[REDACTED] is required for proof of available funds to Borrower.     Reviewer Comment (2019-07-08): Documentation provided and exception cleared [REDACTED]
 07/08/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092885 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Fully executed settlement statement for refinance [REDACTED] is required for proof of available funds to Borrower.     Reviewer Comment (2019-07-08): Documentation provided and exception cleared [REDACTED]
 07/08/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207092886 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - CD provided for PITIA payment was not a fully executed statement.  Audit considered values from CD provided.  Findings may vary when fully executed statement is provided.     Reviewer Comment (2019-07-08): First Payment Letter dated [REDACTED] documents $2,882.13 PITI (including Flood)


Buyer Comment (2019-07-05): Also Included the 1st page of Appraisal to show on HOA Fees
 07/08/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207092886 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   12 NSFs/Overdraft in the last 12 months.  Comment from underwriter not located..     Reviewer Comment (2019-07-08): 1008 provided states Lender reviewed file for NSF and overdraft activity,
 07/08/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207092886 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207092886 [REDACTED]         Credit Missing Document General Missing Document: Desk Review not provided   All cash-out refinances on investment properties require Desk review, AVM, field review or second appraisal.     Reviewer Comment (2019-07-08): CDA provided
 07/08/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207092887 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months collected for prepaid taxes paid by the seller is not evident on the Final CD.             2 B   SC Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B B A Non QM Non QM Yes
207092887 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   SC Second Home Purchase   C B C A B B B A Non QM Non QM No
207092887 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Esign Consent Agreement Timing ESIGN Act - Closing Disclosure provided on [REDACTED] 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. Borrower consented to e-disclosures on [REDACTED] however, disclosure were sent electronically on [REDACTED].             2 B   SC Second Home Purchase No Defined Cure C B C A B B B A Non QM Non QM No
207092887 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing full business bank statements. Bank statements from[REDACTED]o [REDACTED]nly reflect the first page of each statement.     Reviewer Comment (2019-07-15): Rec'd complete statements.
 07/15/2019     1 A   SC Second Home Purchase   C B C A B B B A Non QM Non QM No
207092887 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing Verification of Business within 10 days of the Note date or post closing.     Reviewer Comment (2019-07-15): Rec'd printout dated [REDACTED]
 07/15/2019     1 A   SC Second Home Purchase   C B C A B B B A Non QM Non QM No
207092887 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing verification that borrower is 100% owner of business for Business Bank Statement Program.     Reviewer Comment (2019-07-15): Rec'd printout dated [REDACTED]


Buyer Comment (2019-07-11): this shows owner and also sos in file he is the one list reg agent
 07/15/2019     1 A   SC Second Home Purchase   C B C A B B B A Non QM Non QM No
207092892 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-07-03): [REDACTED] Final Title Policy provided
 07/03/2019     1 A   OH Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092892 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-07-03): [REDACTED] Final Title Policy provided
 07/03/2019     1 A   OH Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092892 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207092893 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Home Equity loan on homestead that exceeds the Acreage limits) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   Home Equity loan on homestead that exceeds the Acreage limits. Texas Cash-out  Home Equity loan on homestead does exceed the Acreage limits, Unable to waive as this is a TX Homestead exception     Reviewer Comment (2019-08-26): Based on the documentation provided, including the appraisal, the subject property is deemed to be rural, thereby within the acreage limits for Texas 50(a)(6) loans.


Buyer Comment (2019-08-21): Please see appraiser's comment on pg 16 of 28 about no zoning and no storm sewers.


Reviewer Comment (2019-07-25): I reached out to compliance, we only have 2 or the 3 required services here is the additional comment they provided.

The property may be 30 miles northeast of [REDACTD], but it could still be part of a smaller municipality that is nearby. If we have anything that indicates the property is not in the municipality, in the annex of a municipality, or a platted subdivision then we can clear the exception. If we do not, then the other method would be to confirm the municipality does not provide the Storm Sewer as that is not addressed on the appraisal.
 08/26/2019     1 A   TX Primary Refinance - Cash-out - Other Send the owner a written acknowledgement that the lien is valid only in the amount that the extension of credit does not exceed the CLTV of 80%, and notice that the lien is valid only in the amount that the extension of credit secured by the homestead and not to the extent it is secured by additional real or personal property other than the homestead. C B C B C A A A Non QM Non QM Yes
207092893 [REDACTED]         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 $550.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee of $615.00 exceeds tolerance of $550.00. Sufficient cure was provided to the borrower at Closing.         06/26/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
207092893 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Manner of title vesting is blank.         Reviewer Comment (2019-07-05): n/a
 07/05/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207092893 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   10.25 acres > 10 allowable per guidelines. [REDACTED] > 10 allowable per guidelines. Originator Pre-Close Reviewer Comment (2019-06-28): CRE D239
     06/28/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207092893 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___.   Borrower has employment stability for [REDACTED] as a [REDACTED].

100.76 months reserves > 4 months guideline minimum

739 qualifying FICO > 720 guideline minimum.		 Originator

Originator

Originator		 Reviewer Comment (2019-07-15): CRE Rec'd; D252
     07/15/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207092897 [REDACTED]         Credit Asset Asset Documentation Guideline Issue:Insufficient asset documentation.   Estimated closing statement evidencing departing residence proceeds of sale is not signed/certified- and is insufficient to define the net proceeds as is not a final signed closing statement showing true net proceeds.     Reviewer Comment (2019-07-12): CTC (signed) Seller's Settlement Statement provided documents $159,635.04 proceeds from sale of departing residence is split between $114,801.55 funds to close transfer for subject purchase and $44,833.49 disbursed directly to Borrowers (D0220)


Reviewer Comment (2019-07-08): Received signed "estimated" statement.  Issue remains EV3 for original exception request for a signed "final" closing statement documenting sale of [REDACTED] prior to[REDACTED], payoff of [REDACTED] mortgage and net proceeds to Borrower needed for closing and reserves.
 07/12/2019     1 A   CA Primary Purchase   C A C A C A B A Non QM Non QM No
207092897 [REDACTED]         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 [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-01): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.


Buyer Comment (2019-07-01): Gm. plz note this is not a new build. per app house is 45 yrs old
 07/01/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A B A Non QM Non QM Yes
207092897 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Originator used actual taxes on the subject to calculate escrows. California properties purchase price multiplied by 1.25% is the correct annual estimate to use.     Reviewer Comment (2019-07-01): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.
 07/01/2019     1 A   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 A C A C A B A Non QM Non QM Yes
207092897 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Originator used actual taxes on the subject to calculate escrows. California properties purchase price multiplied by 1.25% is the correct annual estimate to use.     Reviewer Comment (2019-07-01): [REDACTED] reviewed exception. The Final CD escrow amount is consistent with IEADS. Exception Cleared.
 07/01/2019     1 A   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 A C A C A B A Non QM Non QM Yes
207092897 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C A C A C A B A Non QM Non QM No
207092897 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-07-03): Rec'd VVOE
 07/03/2019     1 A   CA Primary Purchase   C A C A C A B A Non QM Non QM No
207092897 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Estimated Closing Statement for sale of previous residence, need Final Statement     Reviewer Comment (2019-07-12): $159,635.04 proceeds from sale of departing residence is split between $114,801.55 funds to close transfer for subject purchase and $44,833.49 disbursed directly to Borrowers.


Reviewer Comment (2019-07-08): Rec'd Estimated Settlement Statement dated [REDACTED] in trailing docs.  Estimated Closing Statement reflects $162,378.21 due to seller and $114,801.55 was verified as rec'd on [REDACTED] via wire.  Unable to use remaining amount of $47,576.66 for reserves without Final signed Closing Statement verifying exact amount of funds received from sale.
 07/12/2019     1 A   CA Primary Purchase   C A C A C A B A Non QM Non QM No
207092901 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.07840% or Final Disclosure APR of 7.20900% is in excess of allowable threshold of APOR 4.18% + 1.5%, or 5.68000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   B B A A B B A A Non QM Non QM No
207092905 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-29): This is a securitization exception and at this time and will remain


Buyer Comment (2019-07-26): FNMA CU Risk Rating" is a 2. Please clear the exception.


Reviewer Comment (2019-07-08): Securitization exception and FSD score is required to be 0.2 or better and AVM FSD score is 0.48; Exception remains pending receipt of Desk review.


Reviewer Comment (2019-07-03): Rec'd duplicate copy of [REDACTED] AVM with an FSD score of .248 which is not at or below 0.2; Exception will remain.
 09/12/2019     1 A   WI Primary Purchase   C A A A A A C A Non QM Non QM No
207092905 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-18): Secondary valuation  not required.
 10/18/2019     1 A   WI Primary Purchase   C A A A A A C A Non QM Non QM No
207092907 [REDACTED]         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 Investment) Owner is purchasing new primary loan originated with [REDACTED].  Final 1003 disclosed owner still living in subject. - missing Approval on new primary and  final CD on new primary     Reviewer Comment (2019-07-05): AO Loan Approval and signed Closing Disclosure for purchase of new primary located at [REDACTED] (D015 and D0157).  $3,994.01 PITI documented for new primary.


Buyer Comment (2019-07-02): plz see upld done on [REDACTED] @ 8:13.

thanks,
 07/05/2019     1 A   GA Investment Refinance - Cash-out - Other   C A C A C A C A N/A N/A No
207092907 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Borrower is purchasing new primary and converting subject to investment.  Final 1003 disclosed property[REDACTED]with monthly obligation $[REDACTED].  Proof PITIA of new obligation was not provided.  Findings may vary. Missing Underwriting approval for new primary and final CD     Reviewer Comment (2019-07-05): AO Loan Approval and signed Closing Disclosure for purchase of new primary located at [REDACTED] (D015 and D0157).  $3,994.01 PITI documented for new primary.
 07/05/2019     1 A   GA Investment Refinance - Cash-out - Other   C A C A C A C A N/A N/A No
207092907 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   GA Investment Refinance - Cash-out - Other   C A C A C A C A N/A N/A No
207092908 [REDACTED]         Compliance Compliance State Compliance Georgia Home Loan (Fee Charged for Payoff Statement) Georgia Home Loan: Impermissible fee charged for payoff statement. Payoff fee is seller paid fee at closing $30     Reviewer Comment (2019-07-05): Fee is seller paid service fee paid to attorney for payoff handling - not a payoff statement fee.


Buyer Comment (2019-07-02): Please note:  $30 payoff handling fee is for the attorney to payoff the mortgage the seller had on the subject property.  Please see Seller's CD, section H
 07/05/2019     1 A   GA Primary Purchase   C A A A C A A A Non QM Non QM No
207092909 [REDACTED]         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 [REDACTED] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. No cure provided.             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207092909 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - Before Closing TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed Total Closing Costs (Paid by Seller Before Closing) that does not match sum of fees. No cure provided.             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207092910 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing Loan Approval     Reviewer Comment (2019-07-02): Rec'd loan approval.
 07/02/2019     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
207092911 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Borrowers address on the initial and final 1003 is listed as [REDACTED], shown as primary residence for 15 yrs 10 months, REO schedules show same address is sold. The Closing statement in the file shows address of [REDACTED], with [REDACTED] as Seller. Missing signed and dated closing statement for [REDACTED].     Reviewer Comment (2019-07-08): Rec'd verification that both properties are actually the same property.


Buyer Comment (2019-07-08): Note: [REDACTED] and [REDACTED] are one in the same address--see parcel Numbers are one in the same on Tax Info and [REDACTED] Info and you can see the Property sold for the same price on both properties on the same day etc...


Buyer Comment (2019-07-05): Assessor Info show the Property Sold [REDACTED]
 07/08/2019     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207092911 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing two months bank statements from file. Missing [REDACTED], and [REDACTED]. Or[REDACTED]  statement and end income analysis with [REDACTED] statement in file. 754 representative FICO score > 680 guideline minimum - 74 points above guideline minimum

All credit paid as agreed for 48+ months.		 Originator

Originator		 Reviewer Comment (2019-07-08): Rec'd CRE in trailing docs.
     07/08/2019 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207092911 [REDACTED]         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 8,327.88 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-08): [REDACTED] received PCCD. Final CD escrow amount is consistent with IEADS. Exception Cleared.
 07/08/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207092911 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Sellers CD not retained in the file.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207092911 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Annual hazard insurance premium $[REDACTED] monthly. Amount collected on final CD is [REDACTED] monthly.  Amount collected is $2.00 more than the calculated amount.     Reviewer Comment (2019-07-08): [REDACTED] received PCCD. Final CD escrow amount is consistent with IEADS. Exception Cleared.
 07/08/2019     1 A   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
207092911 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Annual hazard insurance premium $[REDACTED] monthly. Amount collected on final CD is [REDACTED] monthly.  Amount collected is $2.00 more than the calculated amount.     Reviewer Comment (2019-07-08): [REDACTED] received PCCD. Final CD escrow amount is consistent with IEADS. Exception Cleared.
 07/08/2019     1 A   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
207092911 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Annual hazard insurance premium $[REDACTED] monthly. Amount collected on final CD is [REDACTED]monthly. Amount collected is $2.00 more than the calculated amount.     Reviewer Comment (2019-07-08): [REDACTED] received PCCD correcting HOI months and LOE. Exception Cured.
   07/08/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207092914 [REDACTED]         Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   12 months minimum housing history not met but meets exception policy based on compensating factor of Credit score, credit history, residual income and Stable employment history. Borrower has job stability for 23 years as a [REDACTED]

Fico 714

Borrower has no late payment in the last 24 months		 Originator

Originator

Originator		 Reviewer Comment (2019-06-24): 12 months housing history not met but meets exception policy based on compensating factors.
     06/24/2019 2 B   OK Primary Purchase   C B C B B B A A Non QM Non QM No
207092914 [REDACTED]         Compliance Compliance State Compliance (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) Oklahoma Higher-Priced Mortgage Loan: APR on subject loan of 7.09210% or Final Disclosure APR of 7.13700% is in excess of allowable threshold of APOR 4.11% + 1.5%, or 5.61000%.  Compliant Higher Priced Loan.               2 B   OK Primary Purchase   C B C B B B A A Non QM Non QM No
207092914 [REDACTED]         Credit Loan Package Documentation Application / Processing FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.         Reviewer Comment (2019-07-02): Post Disaster Inspection provided
 07/02/2019     1 A   OK Primary Purchase   C B C B B B A A Non QM Non QM No
207092915 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Insufficient reserves verified however an exception was granted based on compensating factors of LTV ratio 10% below program maximum and residual income more than three times the program requirement.     Reviewer Comment (2019-07-05): Reserve requirement met.


Reviewer Comment (2019-07-02): Per guidelines, provide copies of canceled checks for twelve (12) months (or term of the lease if less) as proof of rental payments.
 07/05/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207092915 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Seller rent back credit higher than allowed by guidelines for lease with option to purchase transactions.     Reviewer Comment (2019-07-05): Rec'd 12 month pay history; verified rent credit is supported.


Reviewer Comment (2019-07-02): Per guidelines, provide copies of canceled checks for twelve (12) months (or term of the lease if less) as proof of rental payments.


Buyer Comment (2019-06-28): Rent Paid [REDACTED] months=[REDACTED];
Market Rent [REDACTED]=[REDACTED];
Total Credit=[REDACTED];
Cash to Close=$0.00
 07/05/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207092915 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller -  Cash To Close TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures. Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures     Reviewer Comment (2019-07-05): Corrected CD entry; Removed on Compliance re-run
 07/05/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207092915 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-07-16): Tolerance exceptions are addressed. Exception Cleared.


Reviewer Comment (2019-06-28): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD required to cure.  [REDACTED] received Change of Circumstance advising the transfer taxes were increased as a result of the change in loan amount.   Purchase transaction transfer taxes based on sale price of the property.  Initial LE has sales prices of [REDACTED]. Final sale price of Final CD is [REDACTED].  Both the sales price and loan amount decreased but transfer taxes increased.  COC provided does not specify why or provided justification to increase in transfer tax. Cure due to borrower.
 07/16/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207092915 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[REDACTED] exceeds tolerance of $[REDACTED]. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-07-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.


Reviewer Comment (2019-06-28): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD required to cure.  [REDACTED] received Change of Circumstance advising the transfer taxes were increased as a result of the change in loan amount.   Purchase transaction transfer taxes based on sale price of the property.  Initial LE has sales prices of [REDACTED]. Final sale price of Final CD is [REDACTED].  Both the sales price and loan amount decreased but transfer taxes increased.  COC provided does not specify why or provided justification to increase in transfer tax. Cure due to borrower.
 07/16/2019     1 A   GA 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
207092915 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing Loan Approval     Reviewer Comment (2019-07-02): Rec'd loan approval.
 07/02/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207092915 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing CPA letter confirming borrower owns 100% of business as required for 12 mths business bank statement program.  [REDACTED] appears to be [REDACTED] of business.     Reviewer Comment (2019-07-15): Rec'd CPA letter.


Reviewer Comment (2019-07-05): Rec'd Articles of Inc; this document does not reflect who the [REDACTED] of the company are and thus does not confirm [REDACTED].


Reviewer Comment (2019-07-02): Missing evidence borrower owns 100% of business. The GA SOS printout reflects [REDACTED] as CFO.
 07/15/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207092915 [REDACTED]         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 $2,752.50 exceeds tolerance of $2,700.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-07-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   07/16/2019   2 B   GA Primary Purchase   C B C A C B A A Non QM Non QM Yes
207092917 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Final 1003 disclosed current primary property as pending sale.  Documentation to support the sale was not provided.  Missing Documentation to support the sale of property.  Finding may change based on documentation provided.     Reviewer Comment (2019-07-25): $364,559.274 Sale Proceeds from Sale of Departure Residence documented by signed closing disclosure (D0199)


Reviewer Comment (2019-07-03): Rec'd proof of sale.  Missing evidence of net proceeds in an amount sufficient to cover cash to close and reserves.


Buyer Comment (2019-07-01): please note per upld site x report property is sold
 07/25/2019     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
207092917 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Final 1003 disclosed current primary property as pending sale.  Documentation to support the sale was not provided.  Missing Documentation to support the sale of property.  Finding may change based on documentation provided.     Reviewer Comment (2019-07-25): $364,559.274 Sale Proceeds from Sale of Departure Residence documented by signed closing disclosure (D0199)


Reviewer Comment (2019-07-03): Rec'd proof of sale.  Missing evidence of net proceeds in an amount sufficient to cover cash to close and reserves.
 07/25/2019     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
207092917 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Final 1003 disclosed property [REDACTED] as pending sale.  Documentation to support the sale was not provided.  Missing Documentation to support the sale of property or if property retained proof of PITIA required.  Findings may change depending on documentation provided.     Reviewer Comment (2019-07-03): Rec'd property history report verifying the sale of [REDACTED].
 07/03/2019     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
207092918 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Investment Purchase   C A A A A A C A N/A N/A No
207092919 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Disclosed value 12 months $[REDACTED].  Calculated value $[REDACTED].             2 B   IL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207092919 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IL Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
207092921 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CO Primary Purchase   B A A A A A B A Non QM Non QM No
207092923 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval, D1. Reserve requirements not met. Compensating Factors: 1) Credit History 2) Residual Income Residual income of $23213.19 exceeds guideline requirements of $1500

Credit history is clean with no derogatory items.		 Originator

Originator		 Reviewer Comment (2019-06-26): CRE D171
     06/26/2019 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207092923 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207094053 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   710 representative FICO score > 660 guideline minimum - 50 points above guideline minimum

Borrower has only 1 - 30 day late in consumer credit history covering 99 months.		 Originator

Originator		 Reviewer Comment (2019-07-12): Rec'd CRE in trailing docs.
     07/12/2019 2 B   MD Investment Purchase   C B C B     A A     No
207094955 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): received CDA
 09/12/2019     1 A   LA Primary Purchase   B A A A A A B A Non QM Non QM No
207095022 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require   Verified Insufficient funds provided 6 months + closing cost required for purchase.     Reviewer Comment (2019-06-29): Received CD for cash out refinance of investment property
 06/29/2019     1 A   MD Investment Purchase   C B C B     C A     No
207095022 [REDACTED]         Credit Fix and Flip General Insufficient funds for Reserves.   Verified Insufficient funds captured.  6 Months reserves + closing cost required     Reviewer Comment (2019-06-29): Received CD for cash out refinance of investment property
 06/29/2019     1 A   MD Investment Purchase   C B C B     C A     No
207095022 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Verified insufficient cash to close captured. 6 months reserve + closing cost required.     Reviewer Comment (2019-06-29): Received CD for cash out refinance of investment property


Buyer Comment (2019-06-26): See CD from Cashout refi of investment property that closed the same day with same title company
 06/29/2019     1 A   MD Investment Purchase   C B C B     C A     No
207095022 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Investment Purchase   C B C B     C A     No
207095022 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property Square footage @ 1182 < 1200 required -- Lenders exception approval in file, however compensating factors listed are not verified. 51 months reserves > 6 months guideline minimum - borrowers have verified reserves of $56,512.27 Originator Reviewer Comment (2019-07-31): done


Reviewer Comment (2019-07-31): Received Credit Risk Summary & Exception Approval.


Buyer Comment (2019-07-29): Should this waived exception be rated a 3?


Reviewer Comment (2019-06-29): Received Credit Risk Summary & Exception Approval. Property sq ft. < minimum allowed. Compensating Factors: 1) Credit History. 2) Reserves.
     06/29/2019 2 B   MD Investment Purchase   C B C B     C A     No
207102649 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207102649 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal transfer letter not found in file             2 B   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207102649 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The calculation in section F for homeowners insurance is incorrect, 12 months would total $5658             2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207102649 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $25.00     Reviewer Comment (2019-07-02): fee paid to borrower chosen provider - no tolerance
 07/02/2019     1 A   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207102649 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Handling fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and paid to a different provider     Reviewer Comment (2019-07-02): fee paid to borrower chosen provider - no tolerance
 07/02/2019     1 A   FL 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 C A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Demand Feature TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains a Demand Feature. No choice provided.     Reviewer Comment (2019-07-05): Letter of Explanation & Corrected Closing Disclosure required to cure.  Post Close CD received page 4 does not have the demand feature box checked.
       2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. $[REDACTED]     Reviewer Comment (2019-07-05): Letter of Explanation & Corrected Closing Disclosure provided
   07/05/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Negative Amortization TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains Negative Amortization. No choice provided.     Reviewer Comment (2019-07-05): Letter of Explanation & Corrected Closing Disclosure provided
   07/05/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Partial Payments. No choice provided.     Reviewer Comment (2019-07-05): Letter of Explanation & Corrected Closing Disclosure provided
   07/05/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $2.00.     Reviewer Comment (2019-07-05): Attestation received policy guarantee fee further outsourced by borrower chosen provider.
 07/05/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00.  Fee was not disclosed on initial LE.     Reviewer Comment (2019-07-05): Attestation received policy guarantee fee further outsourced by borrower chosen provider.
 07/05/2019     1 A   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
207102651 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Title issued on[REDACTED] the updated lowered loan policy amount. Shortage $400.00.     Reviewer Comment (2019-07-08): Rec'd updated Title Commitment in trailing docs.
 07/08/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207102651 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE within 10 days of closing was not provided.     Reviewer Comment (2019-07-12): VVOE provided
 07/12/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  [REDACTED] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Disclosed value $[REDACTED]. Calculated value $[REDACTED].   Variance caused by Hazard calculation.     Reviewer Comment (2019-07-05): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-07-03): Per the CFPB, we can disclose 11 or 12 months.  In this case, we used 11 months - 602.94 x 11 = 6,632.34
   07/05/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207102651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Disclosed value $[REDACTED] , Calculated value $[REDACTED].    Variance caused by Hazard calculation.     Reviewer Comment (2019-07-05): Letter of Explanation, Proof of Delivery, Corrected CD provided
   07/05/2019   2 B   TX 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
207102651 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Disclosed value $[REDACTED] Calculated value $[REDACTED].  Variance caused by Hazard calculation.     Reviewer Comment (2019-07-05): Letter of Explanation, Proof of Delivery, Corrected CD provided
   07/05/2019   2 B   TX 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
207102651 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing documentation for status of [REDACTED]as per Fraud Report last NOD [REDACTED].     Reviewer Comment (2019-07-20): Rec'd verification of short sale on property at [REDACTED] on [REDACTED]
 07/20/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207102651 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Rec'd verification of short sale on property at [REDACTED] on [REDACTED]; 24 month seasoning requirement was not met at time of closing. 35.09959% DTI on this Full documentation loan < 55.00% guideline maximum Originator Reviewer Comment (2019-08-14): CRE D265


Reviewer Comment (2019-08-01): Received a CRE for Short Sale seasoning < minimum with compensating factors "credit history" 6.8 months reserves > 6 and  and 35.08% DTI < 55%.  Issue remains EV3 for a CRE that does reflect credit history used to offset Short Sale seasoning not met
     08/14/2019 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207102653 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% tolerance violations $75.00  was not provided.     Reviewer Comment (2019-07-03): Tolerance exceptions are addressed. Exception Cleared.
 07/03/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207102653 [REDACTED]         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 $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Abstract/Title Search Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE.     Reviewer Comment (2019-07-03): [REDACTED] reviewed exception. Fee is outsourced by chosen provider. Exception Cleared.
 07/03/2019     1 A   FL 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
207102653 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Service Charge Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE.     Reviewer Comment (2019-07-03): [REDACTED] reviewed exception. Fee is outsourced by chosen provider. Exception Cleared.
 07/03/2019     1 A   FL 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
207102655 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C A A A A A C A N/A N/A No
207102660 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing Seller Closing Disclosure.             2 B   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207102660 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NV Primary Purchase   C B A A B B C A Non QM Non QM No
207102661 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207102661 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Vvoe in file states verified with CPA. No CPA information in the file to confirm.     Reviewer Comment (2019-08-20): VVOE and independent verification of the CPA


Reviewer Comment (2019-08-08): Received Lender's CPA verbal verification of Borrower's [REDACTED] but with no independent verification of the CPA and the CPA's phone number used for contact.  VVOE for verification of [REDACTED] borrower is not valid without independent verification of CPA verifying the business.  Issue remains EV3 for independent verification of the CPA and the CPA's phone number used for contact.


Buyer Comment (2019-08-06): Please review the VVOE.  The u/w assistant called and verified with the borrower's CPA, [REDACTED] the borrower is employed by [REDACTED].  This verification was completed on[REDACTED] The loan closed on [REDACTED]


Reviewer Comment (2019-07-27): Received Borrower letter of explanation (D0141) dated [REDACTED] stating Borrower does not required CDL for his position as a driver and a CPA letter (D0140) dated [REDACTED] stating that Borrower files a Schedule C as a driver for the 2 years in same line of work.  Third party verification of [REDACTED] provide dated [REDACTED] is dated 37 days prior to[REDACTED] closing.   Issue remains EV3 for a CRE with verified compensating factors for third party verification of Borrower's [REDACTED] 37 days old prior to closing is not within 10 days of closing required


Buyer Comment (2019-07-24): Please see 2nd paragraph in the letter form the CPA.


Reviewer Comment (2019-07-10): Borrower is [REDACTED].   Issue remains EV3 for a CPA letter dated within 10 days of closing verifying Borrower's 2 year [REDACTED],


Reviewer Comment (2019-07-05): Borrower is [REDACTED].   Issue remains EV3 for a CPA letter dated within 10 days of closing verifying Borrower's 2 year [REDACTED],
 08/20/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207102661 [REDACTED]         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     Reviewer Comment (2019-08-20): VVOE and independent verification of the CPA
 08/20/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C A C A C A C A Non QM Non QM Yes
207102661 [REDACTED]         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. Missing third party verification     Reviewer Comment (2019-08-20): VVOE and independent verification of the CPA


Reviewer Comment (2019-07-27): Received Borrower letter of explanation (D0141) dated [REDACTED] stating Borrower does not required CDL for his position as a driver and a CPA letter (D0140) dated [REDACTED] stating that Borrower files a Schedule C as a driver for the 2 years in same line of work.  Third party verification of [REDACTED] provide dated 5/[REDACTED]016 is dated 37 days prior to[REDACTED] closing.   Issue remains EV3 for a CRE with verified compensating factors for third party verification of Borrower's [REDACTED] 37 days old prior to closing is not within 10 days of closing required


Buyer Comment (2019-07-24): The CPA letters and the VVOE previously uploaded should be considered 3rd party verifications.
 08/20/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207102662 [REDACTED]         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 [REDACTED] 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. Summaries of Transactions: Final Closing Disclosure provided on [REDACTED] 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.  It appears the Lender used the Payoff figure $[REDACTED] under Borrower's Transaction.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C B Non QM Non QM Yes
207102662 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Homeowner's Annual Insurance Premium not collected under Prepaids at close.             2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C B Non QM Non QM No
207102662 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B B B B B C B Non QM Non QM No
207102662 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender - Appraisal Transfer Letter is missing from file.             2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C B Non QM Non QM No
207102662 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C B Non QM Non QM No
207102667 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   37.42% DTI on this Bank Statement documentation loan < 55.00% guideline maximum

Borrower on this Bank Statement documentation loan has a disposable income of $3,860.64

8.56 months reserves > 4 months guideline minimum		 Originator

Originator

Originator		 Reviewer Comment (2019-07-22): CRE provided for 659 FICO < 660 minimum


Buyer Comment (2019-07-22): please review
     07/22/2019 2 B   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207102667 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207102668 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Payment shock exceeding the 350% maximum allowable. Compensating Factors cited: 1) Credit Score and 2) Credit History. Credit Score - 782 representative credit score which is greater than the  680 guideline minimum. Borrower's credit score is 98 points above guideline minimum.

Credit History - Borrower's credit history reflects borrower is a responsible credit user and does not have any adverse credit as well as minimal outstanding credit.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-06-27): Program exception granted for payment shock exceeding maximum allowable supported by listed compensating factors.
     06/27/2019 2 B   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102668 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.19970% or Final Disclosure APR of 6.24700% is in excess of allowable threshold of APOR 4.14% + 1.5%, or 5.64000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-05): need proof updated appraisal was provided to the borrower
 07/05/2019     1 A   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102668 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $50.00     Reviewer Comment (2019-07-05): Attorney Fees disclosed on LE
 07/05/2019     1 A   LA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207102668 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney Review Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and provided by a different service provider     Reviewer Comment (2019-07-05): Attorney Fees disclosed on LE
 07/05/2019     1 A   LA 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
207102668 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Property type discrepancy. Appraisal property type of ___ does not match Guideline property type of ___. The mortgage contains a PUD Rider but the appraisal does not indicate that the property is located within a PUD.     Reviewer Comment (2019-07-05): received updated appraisal showing PUD


Buyer Comment (2019-07-03): Page 1 of report PUD box is checked
 07/05/2019     1 A   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102668 [REDACTED]         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. Updated appraisal provided to correct the property type, no proof it was provided to the borrower     Reviewer Comment (2019-07-24): Preliminary report dated [REDACTED] was delivered to the borrower on [REDACTED].  Revised report is dated post-close.
 07/24/2019     1 A   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102668 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.19970% or Final Disclosure APR of 6.24700% is in excess of allowable threshold of APOR 4.14% + 1.5%, or 5.64000%.  Non-Compliant Higher Priced Mortgage Loan. Updated appraisal provided to correct the property type, no proof it was provided to the borrower     Reviewer Comment (2019-07-31): HPML Compliant Loan.
 07/31/2019     1 A   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102668 [REDACTED]         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. Updated appraisal provided to correct the property type, no proof it was provided to the borrower     Reviewer Comment (2019-07-31): Preliminary appraisal provided 3 days before consummation.  Revised version reflected no change in appraised value.


Reviewer Comment (2019-07-29): Received Email that Lender sent updated appraisal to borrower[REDACTED]fter closing date of [REDACTED]


Buyer Comment (2019-07-22): Please review compliance comments.


Buyer Comment (2019-07-10): Per Compliance: Report changed property type from Detached to a PUD. It closed as a PUD so the Brwr was informed and the addition did not materially affect the value.  Please waive.
 07/31/2019     1 A   LA Primary Purchase   C B C B C A A A Non QM Non QM No
207102671 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.       Reviewer Comment (2019-07-30): Ok to use broker score


Reviewer Comment (2019-07-24): 640 score per Lender's credit report < 680 minimum required for 12 month Business Bank Statement program.  Duplicate copy of submitting Broker's credit report dated [REDACTED] provided.  Issue remains EV3 for CRE with compensating factors for approved Business Bank Statements: 12 months; 680 min FICO approval based on 684 score per Broker's report.


Buyer Comment (2019-07-22): Please note this has always been acceptable. Please consult with [REDACTED] or [REDACTED].

thanks,


Reviewer Comment (2019-07-20): 1008 reflects "Used Broker credit mid score, no material difference between the two."  Broker mid FICO is 684 and Lender mid FICO is 640.  CRE not provided to use broker credit; FICO difference is material.  Exception remains.


Buyer Comment (2019-07-18): Please see comment on 1008.  A CRSE is not needed when this is on the 1008.


Reviewer Comment (2019-07-12): 640 score per Lender's credit report < 680 minimum required for 12 month Business Bank Statement program. Issue remains EV3 for CRE with compensating factors for 12 month Business Bank Statement program approval based on 684 score per Broker's credit report


Reviewer Comment (2019-07-08): 640 score per Lender's credit report < 680 minimum required for 12 month Business Bank Statement program.  Duplicate copy of submitting Broker's credit report dated [REDACTED] provided.  Issue remains EV3 for CRE with compensating factors for approved Business Bank Statements: 12 months; 680 min FICO approval based on 684 score per Broker's report.
 07/30/2019     1 A   PA Investment Purchase   C A C A A A C A N/A N/A No
207102671 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   PA Investment Purchase   C A C A A A C A N/A N/A No
207102672 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of $[REDACTED]on Final Closing Disclosure is less than the actual cost of $[REDACTED]     Reviewer Comment (2019-07-22): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   07/22/2019   2 B   CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207102672 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-26): HOA verification provided


Buyer Comment (2019-07-23): Note Pulled all 3 resources and there are no HOA fees for this property
 07/26/2019     1 A   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
207102672 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-26): HOA verification provided


Buyer Comment (2019-07-23): See page 3
 07/26/2019     1 A   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
207102676 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Field is blank             2 B   MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207102676 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $100.00, calculated value $135.00.     Reviewer Comment (2019-07-03): Attestation received  Title Release fee further outsourced by borrower chosen provider.
 07/03/2019     1 A   MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207102676 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Release(s).  Fee Amount of $35.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $35.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-07-03): Attestation received  Title Release fee further outsourced by borrower chosen provider.
 07/03/2019     1 A   MD 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 C A Non QM Non QM Yes
207102676 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207102676 [REDACTED]         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 $700.00.  Sufficient or excess cure was provided to the borrower at Closing. $100 cure provide at closing.         07/03/2019   1 A   MD Primary Refinance - Rate/Term Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
207102677 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Seller paid property tax left blank on # of month; it should be 37 months             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207102677 [REDACTED]         Credit Insurance Insurance Documentation Missing Document: Flood Insurance Policy not provided   Application received but not actual policy     Reviewer Comment (2019-07-08): Flood Insurance Policy Declarations provided for subject documenting [REDACTED] dwelling coverage
 07/08/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207102677 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207102677 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Lender incorrectly used [REDACTED] statement, instead of year [REDACTED]in income calculation. Missing [REDACTED] statement.     Reviewer Comment (2019-07-08): [REDACTED] statement dated[REDACTED] provided
 07/08/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207102679 [REDACTED]         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 [REDACTED] disclosed Total Closing Costs (Paid by Borrower at Closing) that does not match sum of fees. Figures input to match CD's             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207102679 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Costs Subtotals Borrower Paid - Before Closing TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed Total Closing Costs (Paid by Borrower Before Closing) that does not match sum of fees. HOA fees not included in escrow             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207102679 [REDACTED]         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 $785.40 on Final Closing Disclosure provided on [REDACTED] not accurate. Per 1004 monthly hoa fee is $[REDACTED]     Reviewer Comment (2019-07-05): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-07-03): Per CFPB we can use 11 or 12 mths in this case we used 11 mths
   07/05/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207102679 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing third party verification for business, completed within 10 days of closing.     Reviewer Comment (2019-07-08): Third party verification for business, completed within 10 days of closing provided
 07/08/2019     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
207102681 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing Lender Exception approval form Verifying subject loan Matrix is Portfolio Select.     Reviewer Comment (2019-07-08): Rec'd CRE in trailing docs.
 07/08/2019     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
207102684 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CT Primary Purchase   C B A A B B C A Non QM Non QM No
207102684 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months was 0 for property taxes.             2 B   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207102696 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207102696 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for cash out of  $[REDACTED] exceeding guideline maximum of $[REDACTED]. 785 representative FICO score > 700 guideline minimum Originator Pre-Close Reviewer Comment (2019-07-03): CRE 002
     07/03/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207102696 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Questionable Occupancy: Valuation occupancy differs from occupancy on loan approval. - Appraisal reflects Owner Occupied instead of Tenant     Reviewer Comment (2019-07-15): Rec'd corrected 1004.
 07/15/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207102697 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___.   Compensating Factors: LTV and reserves Originator Pre-Close Reviewer Comment (2019-07-03): CRE D02
     07/03/2019 2 B   NV Investment Refinance - Cash-out - Other   B B B B     A A     No
207102698 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   PA Investment Purchase   C B C B     C A     No
207102698 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Statement from [REDACTED] indicates borrower has a HELOC funds available of $[REDACTED], however guidelines do not indicate HELOC funds are permitted.     Reviewer Comment (2019-07-10): [REDACTED] account balance ending[REDACTED] is $41,853.99.  $10,000.00 balance captured is [REDACTED] Open End Line of Credit balance ending[REDACTED]
 07/10/2019     1 A   PA Investment Purchase   C B C B     C A     No
207102698 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require   Statement from [REDACTED] indicates borrower has a HELOC funds available of $[REDACTED], however guidelines do not indicate HELOC funds are permitted.     Reviewer Comment (2019-07-15): Borrower has sufficient reserves.
 07/15/2019     1 A   PA Investment Purchase   C B C B     C A     No
207102698 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 960 < 1200 required 720 representative FICO score > 660 guideline minimum

0 x 30, 60, 90 ate payments reported [REDACTED] to [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-07-10): CRE provided for 960 sq ft < 1,200 minimum
     07/10/2019 2 B   PA Investment Purchase   C B C B     C A     No
207102699 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   IN Investment Refinance - Cash-out - Other   B B A A     B B     No
207102700 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Investment Purchase   C A A A     C A     No
207102701 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   Credit score 678 > 640 required Originator Pre-Close Reviewer Comment (2019-07-03): CRE D003
     07/03/2019 2 B   FL Investment Purchase   C B B B     C A     No
207102701 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___.   Credit score 678 > 640 required Originator Pre-Close Reviewer Comment (2019-07-03): CRE D003
     07/03/2019 2 B   FL Investment Purchase   C B B B     C A     No
207102701 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B B B     C A     No
207102702 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C B C B     C A     No
207102702 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. DSCR @ 96 < 100 required for LTV @ 80% Credit History 0 x 30,60,90 late payments from [REDACTED] to [REDACTED]

22.41 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-08): CRE provided for 80.00000% exceeds Guideline loan to value percentage of 75.00000%.
     07/08/2019 2 B   TX Investment Purchase   C B C B     C A     No
207102702 [REDACTED]         Credit Guideline General Subject property DSCR is less than the minimum required for the program.   DSCR @ 96, < 100 required Credit History 0 x 30,60,90 late payments from [REDACTED] to [REDACTED]

22.41 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-12): CRE provided for DSCR @ 96 < 100 required


Reviewer Comment (2019-07-09): CRE in file does not address DSCR.


Buyer Comment (2019-07-08): plz note comp factors reserves 23 mths and credit history


Reviewer Comment (2019-07-08): Issue remains EV3 for CRE with compensating factors for DSCR @ 96, < 100 required
     07/12/2019 2 B   TX Investment Purchase   C B C B     C A     No
207102704 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CT Investment Purchase   C A A A     C A     No
207102706 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207110096 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207110098 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AZ Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207110098 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing the full PITIA informattion for the primary residence.  File does not contain the taxes and insurance information.  Review used $[REDACTED]PITIA needs to be supported     Reviewer Comment (2019-07-09): Annual property tax and hazard insurance provided
 07/09/2019     1 A   AZ Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207110098 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing verification that new loan with [REDACTED]for Primary residence includes Taxes and insurance.     Reviewer Comment (2019-07-12): Rec'd verification docs for tax and insurance on primary residence.  Added monthly payment to PITIA calculation and DTI is still within guideline max; Exception cleared.


Buyer Comment (2019-07-10): This is the same condition please clear .
 07/12/2019     1 A   AZ Investment Refinance - Cash-out - Other   C A C A A A C A N/A N/A No
207110102 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED] tax return             2 B   GA Primary Purchase   B B A A B B A A Non QM Non QM No
207110102 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED] tax return             2 B   GA Primary Purchase   B B A A B B A A Non QM Non QM No
207110102 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED] tax returns             2 B   GA Primary Purchase   B B A A B B A A Non QM Non QM No
207110103 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Credit Risk Summary & Exception Approval in file. Housing Ratio exceeds program guidelines. Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves. 740 representative FICO score > 660 guideline minimum

59.98346% LTV < 90% guideline max

124.6 months reserves > 4 months guideline minimum - borrowers have verified reserves of $178,480.45		 Originator

Originator

Originator		 Reviewer Comment (2019-07-03): Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves.
     07/03/2019 2 B   NC Primary Purchase   C B B B A A C A Non QM Non QM No
207110103 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   NC Primary Purchase   C B B B A A C A Non QM Non QM No
207110103 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Credit Risk Summary & Exception Approval in file. Loan Amount: Less than minimum allowed by program. Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves. 740 representative FICO score > 660 guideline minimum

59.98346% LTV < 90% guideline max

124.6 months reserves > 4 months guideline minimum - borrowers have verified reserves of $178,480.45		 Originator

Originator

Originator		 Reviewer Comment (2019-07-03): Compensating Factors: 1) Credit Score. 2) Credit History. 3) LTV. 4) Reserves.
     07/03/2019 2 B   NC Primary Purchase   C B B B A A C A Non QM Non QM No
207110104 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $51.00     Reviewer Comment (2019-07-08): Attestation received from lender - fee further outsourced by borrower chosen provider.
 07/08/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207110104 [REDACTED]         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 $51.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and paid to a different provider     Reviewer Comment (2019-07-08): Attestation received from lender - fee further outsourced by borrower chosen provider.
 07/08/2019     1 A   TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
207110110 [REDACTED]         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 [REDACTED] 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. Does not match on page 3 and page 1. It should be cash TO borrower $[REDACTED]. No correction in place.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B B A Non QM Non QM Yes
207110110 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207110110 [REDACTED]         Credit Credit Credit Documentation Aged document: Credit Report  is more than 90 days prior to the note date. - Credit documents must be no more than 90-days old on the date the note is signed. 730 representative FICO score > 620 guideline minimum.

70% LTV < 80% guideline max.		 Originator

Originator		 Reviewer Comment (2019-07-15): Rec'd exception allowing credit report > 90 days.
     07/15/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207110110 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___       Reviewer Comment (2019-07-26): Revised 1008 provided.   $864.00 Child Support income not to be included in total income used to qualify.   Revised 1003 (D0236)


Buyer Comment (2019-07-23): See updated 1008 removing Child Support


Reviewer Comment (2019-07-20): Guidelines section 6.1 Documentation requirements are as follows: A copy of the court order, (e.g., divorce decree, formal separation agreement, or any other written legal agreement reflecting the terms under which the payments are received and evidencing continuance for three (3) years.


Buyer Comment (2019-07-18): Note: Bwr has been receiving [REDACTED]; if you look on the Income Bank Statements ([REDACTED]) [REDACTED] it show on the Deposits [REDACTED] payments


Reviewer Comment (2019-07-15): Rec'd bank statement reflecting child support deposit.  Missing copy of the court order, (e.g., divorce decree, formal separation agreement, or any other written legal agreement reflecting the terms under which the payments are received and evidencing continuance forthree (3) years as required by guidelines.
 07/26/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207110113 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.               2 B   FL Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207110113 [REDACTED]         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 failed due to 1004 is not signed.     Reviewer Comment (2019-08-22): Documentation meets guidelines


Reviewer Comment (2019-08-01): Issue does not pertain to the appraisal report.  Regardless of loss generated by business, third party verification must be documented in file.


Buyer Comment (2019-07-30): The appraisal is signed.


Reviewer Comment (2019-07-23): Regardless of loss generated by business, third party verification must be documented in file.
 08/22/2019     1 A   FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
207110113 [REDACTED]         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. Client did use the wrong LE as this is a cashout not purchase             2 B   FL Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
207110113 [REDACTED]         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 $14.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-07-08): confirmed fee names on LE and CD's


Buyer Comment (2019-07-08): Note: Plz re-look at this as there is no Credit Report Fee for $14--this is an invalid exception
 07/08/2019     1 A   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
207110113 [REDACTED]         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. AVM was provided on[REDACTED] however, report date is [REDACTED].             2 B   FL Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207110113 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Credit report fee of $14.00 was not provided.     Reviewer Comment (2019-07-08): confirmed fee names on LE and CD's
 07/08/2019     1 A   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
207110116 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Th Final CD reported a Total Interest Percentage of 146.529%.             2 B   TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C B Non QM Non QM Yes
207110116 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-09): Duplicate copy of AVM provided.   Issue remains EV3 for a Desk Review valuation
 09/12/2019     1 A   TN Primary Purchase   C B A A B B C B Non QM Non QM No
207110116 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   TN Primary Purchase   C B A A B B C B Non QM Non QM No
207110121 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Preliminary supplement provides less than necessary title insurance, should be coverage of  $ [REDACTED] .     Reviewer Comment (2019-07-09): [REDACTED] Policy of Title Insurance provided
 07/09/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207110121 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-07-09): [REDACTED] Policy of Title Insurance provided
 07/09/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207110122 [REDACTED]         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. Guidelines required a Verbal Verification of Employment to show the borrower began the new employment prior to closing.  The Employment Offer included in the loan file indicated the borrower did not start prior to closing as required.     Reviewer Comment (2019-07-10): Employment Contract in the file.
 07/10/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
207110122 [REDACTED]         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. Guidelines required a Verbal Verification of Employment to show the borrower began the new employment prior to closing.  The Employment Offer included in the loan file indicated the borrower did not start prior to closing as required.     Reviewer Comment (2019-07-10): Employment Contract in the file.
 07/10/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Wages Ability to Repay (Dodd-Frank 2014): Unable to verify Wages/W-2 income using reasonably reliable third-party records. Guidelines required a Verbal Verification of Employment to show the borrower began the new employment prior to closing.  The Employment Offer included in the loan file indicated the borrower did not start prior to closing as required.     Reviewer Comment (2019-07-10): Employment Contract in the file.
 07/10/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Guidelines required a Verbal Verification of Employment to show the borrower began the new employment prior to closing.  The Employment Offer included in the loan file indicated the borrower did not start prior to closing as required.     Reviewer Comment (2019-07-10): Employment Contract in the file.
 07/10/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE prior to closing confirming borrower has started in the new employment position is not evident in the file. Employment letter states borrower starts after the closing.     Reviewer Comment (2019-07-10): Rec'd VVOE indicating borrower is currently employed and started on [REDACTED].
 07/10/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-07-15): Rec'd evidence of increased replacement cost coverage.


Buyer Comment (2019-07-15): Please see pg 3 on the [REDACTED] account, Transaction Detail and on the [REDACTED], page 6 Activity.  Both show stocks sold on [REDACTED]


Reviewer Comment (2019-07-10): Rec'd Replacement cost estimate and coverage shortfall of $130.00 remains.  Lender correspondence is not sufficient to verify additional coverage of 25%; please provide copy of HOI policy showing extended replacement coverage.
 07/15/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds from  [REDACTED]  were used for closing however, evidence of the sale or redemption of the assets is missing from the file.     Reviewer Comment (2019-07-15): Rec'd proof of liquidation of [REDACTED].


Buyer Comment (2019-07-15): Please see pg 3 on the [REDACTED] account, Transaction Detail and on the [REDACTED], page 6 Activity.  Both show stocks sold on [REDACTED]


Buyer Comment (2019-07-12): Please disregard upload on [REDACTED]
 07/15/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110122 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Lender qualified borrower using employment and income that did not start until after loan had closed.  Borrower started new job on [REDACTED] and loan closed on [REDACTED].  Lender exception approval to use this income was not provided.     Reviewer Comment (2019-07-15): Employment contract in file.
 07/15/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207110125 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.       Reviewer Comment (2019-07-29): Guidelines do not specify that it has to be lender or broker score


Reviewer Comment (2019-07-18): CRE required.


Buyer Comment (2019-07-18): Note: If we use the Broker Credit and Info is on the 1008 we don't issue a Exception--see TD uploaded


Reviewer Comment (2019-07-15): Missing Broker Credit report and Exception approval to use Broker scores for qualifying.


Buyer Comment (2019-07-11): See 1008--as we used the Broker CR
 07/29/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-07-18): Rec'd VVOE


Buyer Comment (2019-07-18): VVOE has been uploaded since [REDACTED]


Reviewer Comment (2019-07-15): Rec'd business verification for [REDACTED]; Missing VVOE for wage-earner employment with [REDACTED].


Buyer Comment (2019-07-11): Uploaded Info for [REDACTED]
 07/18/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         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 VVOE's and Third Party verification for Self employment     Reviewer Comment (2019-07-15): Rec'd business verification for [REDACTED] in trailing docs.
 07/15/2019     1 A   FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B C A Non QM Non QM Yes
207110125 [REDACTED]         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. Missing     Reviewer Comment (2019-07-15): Rec'd business verification for [REDACTED] in trailing docs.
 07/15/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing VVOE for wage earner employment with [REDACTED].     Reviewer Comment (2019-07-15): Rec'd business verification for [REDACTED] in trailing docs.
 07/15/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED], extension application submitted.             2 B   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limits were not exceeded as per CD.     Reviewer Comment (2019-07-11): Attestation provided - fees further outsourced by borrower chosen provider.
 07/11/2019     1 A   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207110125 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Reconveyance Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Reconveyance Fee.     Reviewer Comment (2019-07-11): Attestation provided - fees further outsourced by borrower chosen provider.
 07/11/2019     1 A   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 A C B C A Non QM Non QM Yes
207110125 [REDACTED]         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. 1003 [REDACTED] Doc 05/04/19.     Reviewer Comment (2019-07-15): Disclosure tracking indicates ARM disclosure was provided on [REDACTED] and reviewed/signed on [REDACTED].
 07/15/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         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. Borrower was provided a copy of the appraisal initially issued on[REDACTED]Missing proof of delivery of revised report dated [REDACTED].             2 B   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110125 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title still reflects husband and wife as joint owners of the property. Per the  Martial Settlement Agreement, a quit claim will be filed transferring the husband's ownership rights to the borrower once the divorce has been finalized.     Reviewer Comment (2019-07-29): received


Reviewer Comment (2019-07-15): Missing Deed; See Title Commitment, Schedule B-1, Item #7.
 07/29/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207110130 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Zip code differs on several documents in the loan file.     Reviewer Comment (2019-08-30): Rec'd corrected Note and Security Instrument with Rider and acknowledgment of re-recording in trailing docs.
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110130 [REDACTED]         Credit System General Flood Certificate Subject Address does not match Note address.   Zip code differs on several documents in the loan file.     Reviewer Comment (2019-08-30): Rec'd corrected Note and Security Instrument with Rider and acknowledgment of re-recording in trailing docs.
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110130 [REDACTED]         Credit System General Valuation address does not match Note address. - Zip code differs on several documents in the loan file.     Reviewer Comment (2019-08-30): Rec'd corrected Note and Security Instrument with Rider and acknowledgment of re-recording in trailing docs.


Buyer Comment (2019-08-27): TD uploaded should clear
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110130 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Zip code on the appraisal does not match the zip code on the Note.     Reviewer Comment (2019-08-30): Rec'd corrected Note and Security Instrument with Rider and acknowledgment of re-recording in trailing docs.
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110130 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Security Interest TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the address for which the consumer is granting a security interest. Final CD reflets incorrect property Zip code on page 4 for Security Interest.     Reviewer Comment (2019-09-04): Letter of Explanation & Corrected Closing Disclosure provided
   09/04/2019   2 B   CA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207110130 [REDACTED]         Credit System General Closing Disclosure Subject Address does not match Note address. - Zip code is incorrect on Final CD     Reviewer Comment (2019-09-07): Rec'd corrected CD in trailing docs.
 09/07/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110130 [REDACTED]         Credit System General 1003 Subject Address does not match Note address.   Subject property zip code is incorrect on Final 1003; please provide corrected 1003 with change initialed by the borrower.     Reviewer Comment (2019-09-07): Rec'd corrected 1003 in trailing docs.
 09/07/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207110135 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Purchase   C A A A     C A     No
207110136 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-11): Duplicate copy of [REDACTED] AVM provided.  Issue remains EV3 for [REDACTED] Desk Review
 09/12/2019     1 A   CT Investment Refinance - Cash-out - Other   C B B B     C B     No
207110136 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   719 Credit Score > 660

13 mos reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-08): CRE D002
     07/08/2019 2 B   CT Investment Refinance - Cash-out - Other   C B B B     C B     No
207110136 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CT Investment Refinance - Cash-out - Other   C B B B     C B     No
207110139 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___. Guideline exception made for 6 month reserve requirement not met. 776 representative FICO score Originator Pre-Close Reviewer Comment (2019-07-09): CRE D003
     07/09/2019 2 B   FL Investment Refinance - Rate/Term   B B B B     B A     No
207110139 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Rate/Term   B B B B     B A     No
207110141 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note Addendum - Prepayment not provided         Reviewer Comment (2019-08-09): Executed Prepayment Addendum to Note provided
 08/09/2019     1 A   PA Investment Refinance - Cash-out - Other   C A C A     C A     Yes
207110141 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   PA Investment Refinance - Cash-out - Other   C A C A     C A     No
207110143 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C B C B     C A     No
207110143 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 780 < 1200 required 809 representative FICO score > 700 guideline minimum.

26 months reserves >6 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-07-16): Rec'd exception for property square footage < minimum allowed.
     07/16/2019 2 B   CA Investment Purchase   C B C B     C A     No
207111795 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Borrower on this Full documentation loan has a disposable income of $5,148.76

Borrower has employment stability for 20.69 years ([REDACTED].)		 Originator

Originator		 Reviewer Comment (2019-07-12): CRE provided for [REDACTED] loan amount < [REDACTED] minimum
     07/12/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207111795 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock allowable per guidelines to 350%     Reviewer Comment (2019-07-12): Departing residence, [REDACTED], is owned free and clear.  Payment shock is not considered for borrowers who do not have a current housing payment or if the home is owned free and clear.
 07/12/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207111796 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207111796 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Income disclosed on the initial signed application should be reviewed. If income calculated is significantly higher than income stated on the 1003, the underwriter should request and explanation from the borrower to determine acceptability of the income. Initial 1003 did not reflect any income.     Reviewer Comment (2019-08-07): Final 1003 has income


Reviewer Comment (2019-07-26): Guidelines do not state, "Brokers are allowed to leave income blank on Initial 1003"; Exception remains.


Buyer Comment (2019-07-23): The guidelines don't say there has to be INCOME ON THE 1003 either.


Reviewer Comment (2019-07-12): Guidelines do not state, "Brokers are allowed to leave income blank on Initial 1003"; Exception remains.


Buyer Comment (2019-07-10): we allow the broker not to put income on the 1003 for bank statement loans.
 08/07/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207111801 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing all PITI verification for [REDACTED]. Mortgages reporting on the credit report are conventional.     Reviewer Comment (2019-07-24): Copy of closing statement provided[REDACTED] documents primary residence, [REDACTED]., as sold[REDACTED] prior to[REDACTED] closing.


Buyer Comment (2019-07-19): Per [REDACTED] - There's no HOA dues for [REDACTED]


Reviewer Comment (2019-07-12): Received [REDACTED] report for property [REDACTED]  documenting annual property taxes.  Issue remains EV3 for verification of annual hazard insurance and HOA.
 07/24/2019     1 A   TX Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207111801 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing all PITI verification for  [REDACTED]. Mortgages reporting on the credit report are conventional.     Reviewer Comment (2019-07-24): Evidence of HOI provided


Reviewer Comment (2019-07-12): Received [REDACTED] report for [REDACTED] property documenting annual property taxes.  Issue remains EV3 for verification of annual hazard insurance and HOA.
 07/24/2019     1 A   TX Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207111802 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___   41% DTI  < 55% guideline max. Originator Reviewer Comment (2019-07-17): Rec'd exception for missing P&L


Reviewer Comment (2019-07-11): Issue remains EV3 for YTD P&L for  Borrower's [REDACTED] sole proprietorship loss under Full documentation type


Buyer Comment (2019-07-09): P&L is for Business Bank Stmts that are less than 50% ownership. Please waive.
     07/17/2019 2 B   OH Primary Purchase   C B C B A A A A Non QM Non QM No
207111804 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title commitment indicates title held in borrowers names however, Non-Borrowing spouse last name is different than what is reflected on the security agreement. Deed signed at closing is not evident in the file to confirm how title is vested on final title.     Reviewer Comment (2019-07-12): Rec'd Warranty Deed; Vesting matches Security Instrument.
 07/12/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207111804 [REDACTED]         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 13,037.97 on Final Closing Disclosure provided on [REDACTED] not accurate. HO-6 policy annual premium is $[REDACTED] monthly, amount collected is $[REDACTED]. Annual taxes are $[REDACTED]- the same is collected on the final CD. Insurance impound amount is incorrect. Correct total impounds over the year is [REDACTED], amount shown on final CD is $[REDACTED]     Reviewer Comment (2019-07-09): Letter of Explanation & Corrected Closing Disclosure provided.
   07/09/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207111804 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. HO-6 policy annual premium is $[REDACTED] monthly, amount collected is $[REDACTED]. Annual taxes are $[REDACTED]- the same is collected on the final CD. Insurance impound amount is incorrect.     Reviewer Comment (2019-07-09): Letter of Explanation via email (POD) & Corrected Closing Disclosure provided.
   07/09/2019   2 B   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 A C B A A Non QM Non QM Yes
207111804 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. HO-6 policy annual premium is $[REDACTED] monthly, amount collected is $[REDACTED]. Annual taxes are $[REDACTED]- the same is collected on the final CD. Insurance impound amount is incorrect.     Reviewer Comment (2019-07-09): Letter of Explanation via email (POD) & Corrected Closing Disclosure provided.
   07/09/2019   2 B   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 A C B A A Non QM Non QM Yes
207111804 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Sellers CD was not retained in the file.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-07-11): Loan Approval provided
 07/11/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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.       Reviewer Comment (2019-08-02): Acknowledgment of receipt signed at closing; removed on compliance re-run.
 08/02/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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.       Reviewer Comment (2019-08-02): Acknowledgment of receipt signed at closing; removed on compliance re-run.
 08/02/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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. Total asset qualification loan.     Reviewer Comment (2019-08-14): update input
 08/14/2019     1 A   GA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         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). Total asset qualification loan.             2 B   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided.     Reviewer Comment (2019-07-19): Tolerance exceptions are addressed. Exception Cleared.
 07/19/2019     1 A   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. No cure provided.     Reviewer Comment (2019-07-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.


Reviewer Comment (2019-07-03): Lender cure was $165 accommodating the amount exceeding the tolerance limit
 07/19/2019     1 A   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 C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   [REDACTED] account #[REDACTED] reflects the account ownership as [REDACTED]. The account is not in the borrower's name, however the funds are for the borrower dependent upon account holder which seems to be a family member.     Reviewer Comment (2019-09-07): Rec'd email from [REDACTED].  The account is a trust that is available to borrower for health, support, maintenance and education.
 09/07/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         Credit System General Valuation address does not match Note address. - Appraisal reflects the City of[REDACTED], which matches the homeowners insurance mailing address.     Reviewer Comment (2019-08-02): Rec'd updated and corrected appraisal report dated [REDACTED] in trailing docs; exception cleared.


Reviewer Comment (2019-07-11): Subject address per Note: [REDACTED] Insured address per HOI: [REDACTED]   Subject address per first full Appraisal Report dated [REDACTED] (D0056):[REDACTED]. Second full Appraisal Report dated [REDACTED] (D0062) reflects subject address as [REDACTED].  Issue remains EV3 for a corrected 1004 report (all pages) that reflects subject property address as [REDACTED] as per Note.


Buyer Comment (2019-07-10): Property location description is [REDACTED]
 08/02/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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 $915.00 exceeds tolerance of $750.00.  Insufficient or no cure was provided to the borrower. Lender cure was $165 accommodating the amount exceeding the tolerance limit     Reviewer Comment (2019-07-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 07/19/2019     1 A   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 C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         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 $915.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-07-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
   07/19/2019   2 B   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $915.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-07-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
   07/19/2019   2 B   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207111806 [REDACTED]         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. Rec'd updated appraisal report dated [REDACTED] in trailing docs; Missing proof of delivery of the Preliminary appraisal report dated [REDACTED].             2 B   GA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207111806 [REDACTED]         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. Asset qual with residual income     Reviewer Comment (2019-08-14): Non QM loan  meets Residual income guideline considerations
 08/14/2019     1 A   GA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
207111811 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   B B B B A A B A N/A N/A No
207111811 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. 85% LTV exceeds guideline maximum of 80%. Lender exception with compensating factors provided (credit score, residual income, stable employment history). Residual income $6,571.24

FICO 706 > minimum requirement 680		 Originator

Originator		 Reviewer Comment (2019-07-08): CRE D175
     07/08/2019 2 B   FL Investment Refinance - Cash-out - Other   B B B B A A B A N/A N/A No
207111812 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B C B B A Non QM Non QM No
207111812 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Final CD, section H., reflects a refundable escrow pad fee of $500.00 paid by the Borrower at closing.     Reviewer Comment (2019-07-11): [REDACTED] received PCCD, LOE and POD for the removal of the PAD fee, along with final ALTA Settlement Statement verifying it was not charged.


Reviewer Comment (2019-07-10): Letter of Explanation and Corrected CD required to cure.  Settlement Statement provided confirms borrower not charged the PAD Fee.  Corrected CD removing the fee and LOE to borrower required to cure.
   07/11/2019   2 B   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B B A Non QM Non QM Yes
207111812 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Final CD, section B., reflects a third-party processing fee of $995.00 paid to the Broker. Third-party invoice not provided.             2 B   CA Primary Purchase Good Faith Redisclosure C B C B C B B A Non QM Non QM Yes
207111812 [REDACTED]         Credit Guideline Guideline Issue Borrower does not have the minimum open tradelines per guidelines.   Per guidelines, non-traditional credit is NOT allowed. Each borrower must have a valid and usable score as defined in Credit Scores Section.  To qualify as an acceptable trade line, the credit line must be reflected on the borrower's credit report and have activity in the past twelve (12) months (may be closed). An acceptable twelve (12) or 24-month housing history not reporting on credit may also be used as a trade line.

Borrower needs 2 trade lines reporting for at least 24 months.  1 account is listed on the credit report.  Housing payment history provided was used as a trade line, but only 11 months were reported.  Need 24 months to meet the minimum trade line requirement.		 792 representative FICO score > 680 guideline minimum

13.24 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $7,467.80		 Originator

Originator

Originator		 Reviewer Comment (2019-07-12): CRE provided for minimum trade line requirements not met at approved 90% LTV
     07/12/2019 2 B   CA Primary Purchase   C B C B C B B A Non QM Non QM No
207111812 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   D47 - Most recent business entity search dated[REDACTED] evidences borrower's business, [REDACTED]as SOS/FTB Suspended.  Further explanation or evidence borrower's business is active within 10 days was not provided. 792 representative FICO score > 680 guideline minimum

13.24 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $7,467.80		 Originator

Originator

Originator		 Reviewer Comment (2019-08-05): Lender accepted business based on CPA letter and verified reserves and credit


Reviewer Comment (2019-07-20): Unable to clear without verification that business is active within 10 days of closing; Entity detail does not confirm that only reason for suspension is due to SOI filing.


Buyer Comment (2019-07-18): Per LO: CPA is okay with you calling and confirming as well.

Also, the borrower has already filed his SOI and paid the $12 fee. The state confirmed it can take up to 90 days before they update the status.
Please review SOI attached.

The borrower has done everything on his end to get the status reinstated and it clearly does not affect the business operation per the CPA and his bank statements.


Reviewer Comment (2019-07-15): Letter from Accountant doesn't work, as borrower's business  shows suspended by the Secretary of State


Buyer Comment (2019-07-15): There is CPA Letter on file.  The 3rd party CPA Letter and CRE are not sufficient?


Reviewer Comment (2019-07-12): Received CRE.  Unable to waive exception. Business search entity detail report (D0047) indicates that [REDACTED]  status as "SOS/FTB Suspended".  Issue remains EV3 for satisfactory verification that [REDACTED] is in a current and active entity prior to[REDACTED] loan disbursement date.
     08/05/2019 2 B   CA Primary Purchase   C B C B C B B A Non QM Non QM No
207111812 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements were provided to evidence rental payment history.  Missing payment in the most recent 12 months for[REDACTED].  Cancelled checks were not provided to evidence the payee to ensure these payments are rental payments.  Additionally, the [REDACTED] payment of $[REDACTED] is less than the stated rent amount of $[REDACTED] without a signed letter of explanation from the borrower or third party documentation. 792 representative FICO score > 680 guideline minimum

13.24 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $7,467.80		 Originator

Originator

Originator		 Reviewer Comment (2019-07-12): CRE provided for missing rental payment history
     07/12/2019 2 B   CA Primary Purchase   C B C B C B B A Non QM Non QM No
207111813 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. .Title Guaranty Fee was introduced on the CD and made payable to a unique payee.     Reviewer Comment (2019-07-10): borrower shopped for title fees - attestation provided by lender that fees further outsourced by borrower chosen provider.
 07/10/2019     1 A   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A B A Non QM Non QM Yes
207111813 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 The change of circumstance was dated [REDACTED], the CD was dated [REDACTED] and the closing was [REDACTED].  The disclosure tracking sheet shows a CD provided on [REDACTED] but this CD was not in the file.     Reviewer Comment (2019-07-10): revised cd provided.
 07/10/2019     1 A   IL Primary Purchase No Defined Cure C A A A C A B A Non QM Non QM No
207111813 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $3.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee introduced on the CD and payable to a unique payee.     Reviewer Comment (2019-07-10): borrower shopped for title fees - attestation provided by lender that fees further outsourced by borrower chosen provider.
 07/10/2019     1 A   IL 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 B A Non QM Non QM Yes
207111813 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IL Primary Purchase   C A A A C A B A Non QM Non QM No
207111815 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207111815 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-18): Secondary valuation not required.
 10/18/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207111817 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-29): Score is L (0.36)
 09/12/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B A A     C B     No
207111817 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   NJ Investment Refinance - Cash-out - Other   C B A A     C B     No
207139474 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C A A A A A C A N/A N/A No
207139475 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207139475 [REDACTED]         Property Property - Appraisal Appraisal Documentation Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -       Reviewer Comment (2019-09-04): 442 provided.
 09/04/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207139475 [REDACTED]         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.               2 B   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207139475 [REDACTED]         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 $3,794.78 on Final Closing Disclosure provided on [REDACTED] not accurate. Non-escrowed property costs are $[REDACTED] annually;  comprised of $[REDACTED] HOA fee and $[REDACTED] property taxes.     Reviewer Comment (2019-09-08): Cured on PC CD with LOE


Reviewer Comment (2019-09-04): [REDACTED] received tax bill [REDACTED], however, per UW calculations (used for qualifying) the estimated amount used for testing does not match the tax bill.  The amount on the LT/1008 does not match the tax bill or the final CD.  It does not appear the Special Assessment was included in the escrow account for taxes.  The Estimated Escrow payment on final CD is $267.77 which does not match any other documents in the file.  Please provide evidence of the actual taxes used for the qualifying and closing of the property for re-determination.


Buyer Comment (2019-09-03): The Tax bill is uploaded to the file.  Please advise


Reviewer Comment (2019-09-03): [REDACTED] received PCCD indicating non escrowed property costs of $3961.10. Prior comment indicates [REDACTED] calculation. Please provide calculation and any supporting documentation or please provide corrected CD and LOE to cure.


Reviewer Comment (2019-07-08): [REDACTED] received tax calculation indicating county tax at $3644.84 or $303.74/mo. The final CD indicates the special assessment and HOA Dues are not escrowed. The tax calculation indicates special assessments at $2139.18 or $178.27/mo. HOA Dues are $900/year. $900+$2139.18=$3039.18 or $2785.92 for 11 months. Please provide corrected CD and LOE to cure.


Reviewer Comment (2019-07-05): Please provide lender calculations for taxes.  Tax breakdown in the file is $3,644.84 annually for improved property taxes and $2,139.18 for CDD which would be $482 per month.  Please also advise if the CDD fee is excluded from escrow,  Lender using $212.02 per month for escrow property taxes.  Unable to determine how that number calculated.


Buyer Comment (2019-07-03): The HOA obligation is $900 Per Year which equates to $75 per Month.  If you add the $269.98 per month for Taxes and $75 per month for HOA your total is $344.98.  When you multiply $344.98 by 11 your total is $3794.78 .  This is the amount that is on the CD.  Calculating these fees by 11 months is acceptable under TRID guidelines.


Reviewer Comment (2019-07-02): Documentation in file indicates the annual HOA obligation is $900.00.  The final CD shows an amount of $3794.78.  Please provide documentation supporting this number, or  A PCCD, LOE will be required in order to address the exception.


Buyer Comment (2019-07-02): Invalid Condition.  Please calculate fees by 11 months which is acceptable.
   09/08/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207139475 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. There is no dollar figure in this field.     Reviewer Comment (2019-09-03): Tolerance exceptions are addressed. Exception Cleared.
 09/03/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207139475 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. There is no cure for this amount.     Reviewer Comment (2019-09-03): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 09/03/2019     1 A   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 C A Non QM Non QM Yes
207139475 [REDACTED]         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 2,945.47 on Final Closing Disclosure provided on [REDACTED] not accurate. The monthly escrow amount is $[REDACTED] which is $[REDACTED] annually. The amount on the CD is $[REDACTED].     Reviewer Comment (2019-07-02): Upon further review, the exception is cleared.


Buyer Comment (2019-07-02): Invalid Condition.  The amount collected on the CD is the same amount being escrowed on the First Payment Letter.
 07/02/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207139475 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. The escrow payment on the CD matches the total amount being escrowed. There are additional property costs not being escrowed, and the overall payment of $[REDACTED] matches the actual costs.     Reviewer Comment (2019-07-02): Upon further review, the exception is cleared.


Buyer Comment (2019-07-02): Invalid Condition.  The amount collected on the CD is the same amount being escrowed on the First Payment Letter.
 07/02/2019     1 A   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 A A C B C A Non QM Non QM Yes
207139475 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. The escrow payment on the CD matches the total amount being escrowed. There are additional property costs not being escrowed, and the overall payment of $[REDACTED] matches the actual costs.     Reviewer Comment (2019-07-02): Upon further review, the exception is cleared.


Buyer Comment (2019-07-02): Invalid Condition.  The amount collected on the CD is the same amount being escrowed on the First Payment Letter.
 07/02/2019     1 A   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 A A C B C A Non QM Non QM Yes
207139475 [REDACTED]         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 $3,059.54 exceeds tolerance of $3,004.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-03): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   09/03/2019   2 B   FL Primary Purchase   C B A A C B C A Non QM Non QM Yes
207141670 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Investment Purchase   C A A A A A C A N/A N/A No
207145345 [REDACTED]         Compliance Compliance State Compliance (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) Maryland Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.               2 B   MD Primary Purchase   B B A A B B A A Non QM Non QM No
207145345 [REDACTED]         Compliance Compliance State Compliance Maryland HPML Threshold Test Non-Compliant Maryland Higher-Priced Mortgage Loan: APR on subject loan of 8.16180% or Final Disclosure APR of 8.18600% is in excess of allowable threshold of APOR 4.14% + 1.5%, or 5.64000%.  Non-Compliant Higher Priced Loan.               2 B   MD Primary Purchase   B B A A B B A A Non QM Non QM No
207145350 [REDACTED]         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). 7/1 ARM uses Note Rate             2 B   PA Primary Purchase   B B A A B B A A Non QM Non QM No
207145360 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Credit Risk Summary & Exception Approval in file. Credit Score < program requirements. Compensating Factors: 1) DTI. 2) Reserves. 11.17183% DTI on this Bank Statement documentation loan < 55% guideline max

9.6 months reserves > 4 months guideline minimum - borrowers have verified reserves of $24,565.03		 Originator

Originator		 Reviewer Comment (2019-07-17): CRE-158


Reviewer Comment (2019-07-17): Re-opened to waive with comp factors as reflected on CRE - all verified.


Buyer Comment (2019-07-12): Please downgrade to a 2.


Reviewer Comment (2019-07-11): Compensating Factors: 1) DTI. 2) Reserves
     07/17/2019 2 B   OH Primary Purchase   C B C B A A C B Non QM Non QM No
207145360 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-11): received CDA
 09/11/2019     1 A   OH Primary Purchase   C B C B A A C B Non QM Non QM No
207145360 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-30): Received Field review
 10/30/2019     1 A   OH Primary Purchase   C B C B A A C B Non QM Non QM No
207145360 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   OH Primary Purchase   C B C B A A C B Non QM Non QM No
207145361 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Months entered as 0             2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207145361 [REDACTED]         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 [REDACTED] 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. Calculating Cash to Close and Summaries of Transaction sections do not balance.             2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207145361 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage Shortfall: $[REDACTED]     Reviewer Comment (2019-07-17): Rec'd RCE.  Coverage is sufficient.
 07/17/2019     1 A   CA Primary Refinance - Rate/Term   C B C A B B C A Non QM Non QM No
207145361 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Rate/Term   C B C A B B C A Non QM Non QM No
207145365 [REDACTED]         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.               2 B   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207145365 [REDACTED]         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.               2 B   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207145365 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Field left blank     Reviewer Comment (2019-07-16): Tolerance exceptions are addressed. Exception Cleared.
 07/16/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207145365 [REDACTED]         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 $225.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No change of circumstance for the addition of the fee.     Reviewer Comment (2019-07-16): [REDACTED] reviewed exception. Fee was outsourced by chosen provider. Exception Cleared.
 07/16/2019     1 A   GA 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
207145365 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-17): Rec'd HOA verification in trailing docs.
 07/17/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207145365 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of monthly HOA fee for property: [REDACTED]     Reviewer Comment (2019-07-23): HOA Verification provided
 07/23/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207145374 [REDACTED]         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 [REDACTED] 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. Summaries of Transactions on Final Closing Disclosure provided on[REDACTED]id not reflect  Payoff of $[REDACTED].             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B C B Non QM Non QM Yes
207145374 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Client will order secondary valuation at time of securitization.     Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A B B C B Non QM Non QM No
207145374 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided for Co-Borrower.     Reviewer Comment (2019-07-19): VVOE provided
 07/19/2019     1 A   OR Primary Refinance - Cash-out - Other   C B C A B B C B Non QM Non QM No
207145374 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal Assignment Assignee is blank             2 B   OR Primary Refinance - Cash-out - Other   C B C A B B C B Non QM Non QM No
207145374 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender - Assignee on Assignment letter is blank.             2 B   OR Primary Refinance - Cash-out - Other   C B C A B B C B Non QM Non QM No
207145376 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Borrower's source of funds is from the sale of the current residence. Missing the fully executed settlement statement  (Unable to use the estimated seller's settlement statement printed  [REDACTED]     Reviewer Comment (2019-07-19): Signed Seller's statement verifying sale of departure residence prior to closing and $266,500.88 net proceeds to Borrower provided


Buyer Comment (2019-07-17): Also: Name Affidavit in Closing Package states:[REDACTED]


Buyer Comment (2019-07-17): NOTE; PLZ RE-LOOK AT ALL THE DOCS IN FILE; MAINLY [REDACTED], FRADU REP--UNDER IDENTY DETAIL, CREDIT REP, SS CARD STATES [REDACTED] AND GAP REP STATES[REDACTED]--AMONG OTHER DOCS IN FILE.


Reviewer Comment (2019-07-16): The CD reflects the seller as [REDACTED].  The borrower is [REDACTED].  Document that [REDACTED] are one in the same.  Not addressed on the name affidavit in file.
 07/19/2019     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
207145376 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing Final Closing statement on sale of previous residence AND evidence borrower received the funds     Reviewer Comment (2019-07-23): Name is same


Buyer Comment (2019-07-22): Note: this needs to be cleared as its invalid. Bwr goes by both names; look at Fraud Rep, [REDACTED] and Name Affidavit in file among other docs in file.


Reviewer Comment (2019-07-16): The CD reflects the seller as [REDACTED].  The borrower is [REDACTED].  Document that [REDACTED] are one in the same.  Not addressed on the name affidavit in file.
 07/23/2019     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
207145377 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Power of Attorney (POA) not provided   Missing POA for co-borrower.     Reviewer Comment (2019-07-19): Rec'd POA in trailing docs.
 07/19/2019     1 A   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         Credit Property - Appraisal General Appraisal Requirements Subject is a refinance and property is listed for sale. - The[REDACTED] Appraisal report indicates as of the report date the property is listed for sale for $[REDACTED] with MLS[REDACTED].  Guidelines state;  To be eligible for a either a rate/term or a cash-out refinance, the subject property must be taken off the market on or before application date. No evidence this occurred, application is dated [REDACTED]. 775 representative FICO score > 660 guideline minimum - 115 points above guideline minimum

35.43% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 20% below program guideline maximum

61.5% LTV < 90% guideline max		 Originator

Originator

Originator		 Reviewer Comment (2019-07-19): Rec'd CRE - D167
     07/19/2019 2 B   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         Credit Property - Appraisal General Appraisal Requirements The owner on the appraisal is incorrect. - Appraisal report and title report indicate the property is titled in the name of [REDACTED] a [REDACTED] limited liability company.     Reviewer Comment (2019-07-19): Owner on appraisal is correct; rec'd Quit Claim Deed in trailing docs.


Buyer Comment (2019-07-17): the appraisal was done before closing which is why it reads the way it does.

thanks
 07/19/2019     1 A   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   No deed from  [REDACTED], a [REDACTED]limited liability company to [REDACTED]and [REDACTED] retained in file. The borrower and non-borrowing spouse respectively.     Reviewer Comment (2019-07-19): Rec'd Quit Claim Deed in trailing docs.
 07/19/2019     1 A   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         Credit Guideline Guideline Issue Auditor does not concur with Loan Approval   Approval for a 5.25% fixed 30 interest rate. Note rate is 5.625%. Approval is not representative of the Note documentation.     Reviewer Comment (2019-07-19): Rec'd updated Approval, CRE, and 1008 in trailing docs.
 07/19/2019     1 A   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Rate/Term   D B D B C B C A Non QM Non QM No
207145377 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-17): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   07/17/2019   2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
207145377 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Abstract title search fees. No valid change of circumstance for the $320 additional fee. No offer to cure on the final CD.     Reviewer Comment (2019-07-17): Tolerance exceptions are addressed. Exception Cleared.
 07/17/2019     1 A   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
207145377 [REDACTED]         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 $195.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan estimate has no provision for  Abstract title search fees. No valid change of circumstance for the additional fee.     Reviewer Comment (2019-07-17): [REDACTED] reviewed exception. Fee was outsourced by chosen provider. Exception Cleared.
 07/17/2019     1 A   FL 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 C B C A Non QM Non QM Yes
207145377 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-07-17): [REDACTED] reviewed exception. Fee was outsourced by chosen provider. Exception Cleared.
 07/17/2019     1 A   FL 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 C B C A Non QM Non QM Yes
207145382 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Tolerance cure of $71 provided.  Variance is $71.10.             2 B   OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207145382 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller fees shown on borrower's CD only.             2 B   OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207145382 [REDACTED]         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 $411.00 exceeds tolerance of $309.00 plus 10% or $339.90.  Insufficient or no cure was provided to the borrower. Tolerance cure of $71 provided.  Variance is $71.10.     Reviewer Comment (2019-07-22): See new added exception.  PCCD, LOE, check and POD have been provided.
 07/22/2019     1 A   OR 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
207145382 [REDACTED]         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 $411.00 exceeds tolerance of $309.00 plus 10% or $339.90.  Sufficient or excess cure was provided to the borrower. PCCD, LOE, check and POD have been provided.     Reviewer Comment (2019-07-22): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   07/22/2019   2 B   OR 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
207145385 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
207145385 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1141 < 1200 required 739 representative FICO score > 660 guideline minimum

50.58% LTV < 75.00 guideline maximum		 Originator

Originator		 Reviewer Comment (2019-07-22): CRE provided for 1,141 square footage < 1,200 minimum
     07/22/2019 2 B   GA Investment Refinance - Cash-out - Other   C B C B     C A     No
207145390 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NM Investment Purchase   C A A A     C A     No
207145391 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C B C B     C A     No
207145391 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property square footage @ 1088 < 1200 required Consumer credit payment history 0x30 for 48+ months.

778 representative FICO score > 640 guideline minimum - 138 points above guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-16): Rec'd CRE-D151
     07/16/2019 2 B   FL Investment Purchase   C B C B     C A     No
207145392 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207188694 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 6.13150% or Final Disclosure APR of 6.13000% is in excess of allowable threshold of USTreasury 2.9600% + 3%, or 5.96000%.  Compliant Subprime Loan.               2 B   MN Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207188694 [REDACTED]         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 $0.00 on Final Closing Disclosure provided on [REDACTED] not accurate. The HOA dues was not included on the Final Closing Disclosure.     Reviewer Comment (2019-07-17): Letter of Explanation & Corrected Closing Disclosure provided


Buyer Comment (2019-07-16): Please review the documents attached regarding the HOA.  Thanks
   07/17/2019   2 B   MN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207188694 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Loan file does not contain any documentation to support a valid change in circumstance or cure to the borrower.     Reviewer Comment (2019-07-17): fees reconciled to section b
 07/17/2019     1 A   MN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207188694 [REDACTED]         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 $157.00 exceeds tolerance of $96.00 plus 10% or $105.60.  Insufficient or no cure was provided to the borrower. Loan file does not contain any documentation to support a valid change in circumstance or cure to the borrower.     Reviewer Comment (2019-07-17): fees reconciled to section b


Buyer Comment (2019-07-16): Please review the documents attached.  Thank you.
 07/17/2019     1 A   MN 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
207188694 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Discount fee increase on the Closing Disclosure issued [REDACTED].  Loan file does not contain any documentation to support a valid change or cure to the borrower.     Reviewer Comment (2019-07-17): COC - rate lock extension


Buyer Comment (2019-07-16): Please review the attached documents.  THANK  YOU.
 07/17/2019     1 A   MN 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
207188695 [REDACTED]         Credit Guideline Guideline Issue Investment property is not permitted per guidelines.   Lender changed program from Second Home to an Investment property that is not permitted per Platinum guidelines. 32.29456% DTI on this Full documentation loan < 55.00% guideline maximum

Borrower on this Full documentation loan has a disposable income of $29,194.95 > $1,500.00 minimum		 Originator

Originator		 Reviewer Comment (2019-07-09): CRE provided for Platinum program loan approval for investment property.    Program allows for only Primary and Second Home occupancy


Buyer Comment (2019-07-08): Please see attached exception to use new guidelines.
     07/09/2019 2 B   CA Investment Purchase   C B C B A A A A N/A N/A No
207188695 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Occupancy discrepancy. Property occupancy of ___ does not match Guideline property occupancy of ___.   32.29456% DTI on this Full documentation loan < 55.00% guideline maximum

Borrower on this Full documentation loan has a disposable income of $29,194.95 > $1,500.00 minimum		 Originator

Originator		 Reviewer Comment (2019-07-09): CRE provided for Platinum program loan approval for investment property.    Program allows for only Primary and Second Home occupancy


Buyer Comment (2019-07-08): See Attached exception in other condition
     07/09/2019 2 B   CA Investment Purchase   C B C B A A A A N/A N/A No
207188695 [REDACTED]         Credit Missing Document General Missing Document: Rent Comparison Schedule not provided         Reviewer Comment (2019-07-09): Rent Comparison Schedule not required


Buyer Comment (2019-07-08): Rental Income is not being used therefore Rent Comparison Schedule not provided
 07/09/2019     1 A   CA Investment Purchase   C B C B A A A A N/A N/A No
207188729 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B B B C B C A Non QM Non QM No
207188729 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement not met.  Exception approved by [REDACTED][REDACTED]nd [REDACTED] [REDACTED] Compensating Factors: DTI and Residual Income. 37.80% DTI on this reduced documentation loan < 50% guideline max - 12.20% below program guideline maximum

Increase in residual income by 10% or greater. Residual income increased by 165.30%.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-05): CRE d002
     07/05/2019 2 B   FL Primary Purchase   C B B B C B C A Non QM Non QM No
207188729 [REDACTED]         Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Missing     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.
 07/09/2019     1 A   FL Primary Purchase Good faith redisclosure C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Missing             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $536.57     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.
 07/09/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 $[REDACTED] may be required. Missing     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.
 07/09/2019     1 A   FL Primary Purchase No Defined Cure C B B B C B C A Non QM Non QM No
207188729 [REDACTED]         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 $75.24 exceeds tolerance of $54.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Credit Report Fee.     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.
 07/09/2019     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 $819.80 exceeds tolerance of $744.80.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title Endorsement Fee.     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-07-08): Invalid Condition.  Borrower chose their own provider.
 07/09/2019     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Transfer Tax Fee.     Reviewer Comment (2019-07-09): [REDACTED] received required documents, exception is cleared.
 07/09/2019     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 $75.24 exceeds tolerance of $54.00.  Sufficient or excess cure was provided to the borrower at Closing. Cured at closing         07/09/2019   1 A   FL Primary Purchase Final CD evidences Cure C B B B C B C A Non QM Non QM Yes
207188729 [REDACTED]         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 $5,984.33 exceeds tolerance of $5,469.00.  Sufficient or excess cure was provided to the borrower at Closing. Cured at closing         07/09/2019   1 A   FL Primary Purchase Final CD evidences Cure C B B B C B C A Non QM Non QM Yes
207194547 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AZ Second Home Purchase   C A C A A A C A Non QM Non QM No
207194547 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Exception noted.     Reviewer Comment (2019-07-15): Received [REDACTED] showing $6 per month HOA fee


Buyer Comment (2019-07-15): See page 2 of [REDACTED] search for HOA Info
 07/15/2019     1 A   AZ Second Home Purchase   C A C A A A C A Non QM Non QM No
207194560 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C A A A A A C A Non QM Non QM No
207194562 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   46% DTI < 55% guideline max. Originator Reviewer Comment (2019-07-20): Rec'd CRE - D213


Reviewer Comment (2019-07-17): Rec'd exception stating loan amount exceeds maximum allowed by product.  The loan amount is less than the guideline minimum.
     07/20/2019 2 B   TN Primary Purchase   C B C B C A C A Non QM Non QM No
207194562 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Primary Purchase   C B C B C A C A Non QM Non QM No
207194562 [REDACTED]         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. No third party verification of employment     Reviewer Comment (2019-07-20): Rec'd third party business verification
 07/20/2019     1 A   TN Primary Purchase Lender to provide updated ATR/QM status C B C B C A C A Non QM Non QM Yes
207194562 [REDACTED]         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. Missing evidence borrower is [REDACTED] of [REDACTED], as [REDACTED] states it is a [REDACTED], unable to determine ownership     Reviewer Comment (2019-07-20): Rec'd third party business verification confirming [REDACTED].


Buyer Comment (2019-07-18): Note: The Bwr is SE and all Insurance is in the Bwrs name Business License etc...there's nothing more to show, he owns the [REDACTED]


Reviewer Comment (2019-07-17): Rec'd [REDACTED] printout.  While the printout reflects the business is a [REDACTED], there is nothing in file to indicate borrower is the [REDACTED].
 07/20/2019     1 A   TN Primary Purchase   C B C B C A C A Non QM Non QM No
207194562 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing evidence borrower is [REDACTED] of [REDACTED], as [REDACTED] states it is a [REDACTED], unable to determine ownership     Reviewer Comment (2019-07-20): Rec'd third party business verification confirming [REDACTED].
 07/20/2019     1 A   TN Primary Purchase   C B C B C A C A Non QM Non QM No
207194572 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. UW exception provided. 4.304% DTI on this Platinum documentation loan < 55.00% guideline max - 47.392% below program guideline maximum

58.21379% LTV < 70.00% guideline max than required by program guidelines		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-10): CRE D002
     07/10/2019 2 B   CA Primary Refinance - Cash-out - Home Improvement   B B B B A A A A Non QM Non QM No
207194574 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MO Primary Refinance - Rate/Term   C A A A A A C A Non QM Non QM No
207194577 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Neither box checked.     Reviewer Comment (2019-07-16): Letter of Explanation & Corrected Closing Disclosure provided
   07/16/2019   2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207194578 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B A A B B C A Non QM Non QM No
207194578 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final CD reflects closing date of[REDACTED]nd borrower's signature date of [REDACTED].             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207194580 [REDACTED]         Credit Income / Employment Income Documentation Document Error: Bank statement account period not provided.   Missing [REDACTED] statement ending [REDACTED].             2 B   CA Primary Purchase   C B B B A A C A Non QM Non QM No
207194580 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B B B A A C A Non QM Non QM No
207194582 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Signed) Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not properly executed.       Reviewer Comment (2019-07-19): Rec'd signed disclosure
 07/19/2019     1 A   RI Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
207194582 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (High Cost Analysis Not In File) Rhode Island Home Loan:  Loan file did not contain record(s) documenting high-cost home loan analysis.       Reviewer Comment (2019-08-02): Received [REDACTED]


Reviewer Comment (2019-07-23): Per our Compliance Department

The RI Home Loan Protection Act requires that a high cost analysis be performed and documented for each and every loan file substantiating the "high cost loans" analysis performed during the transaction. It is not only required to be performed on high-cost loans, but not high-cost as well. The analysis on a non-high-cost loan would support the creditor's determination on how the loan did not exceed the thresholds whereas an analysis on a high-cost loan would support how it did exceed the thresholds. The creditor must maintain on file and be in possession of documentation clearly identifying and substantiating the high cost calculation.
 
The text for the full requirement is shown below:
R.I. Banking Regulation 3, Section (5)(A)(ii) and (iii) states that:
Each Person subject to the requirements of the Act shall maintain records for each and every loan file supporting and substantiating the tangible net benefit and/or High-Cost Home Loan analysis performed during the transaction.
(ii) Each Person subject to the requirements of the Act must keep a list of all loans in which the High-Cost Home Loan has been assented to by the borrower. The analysis performed regarding whether or not a loan is a "High-Cost Home Loan" must be accurate and based upon verified information as reflected by the Forms 4 and HLPA 5 Disclosures entitled, respectively, "Rhode Island Home Loan Protection Disclosure High Cost Home Loan" and "Rhode Island Home Loan Protection Disclosure Consumer Caution and Home Ownership Counseling Notice and Certification" as required by this regulation. Failure to clearly identify, document, and substantiate the respective High-Cost Home Loan will be deemed a violation of this regulation, and a basis for administrative action pursuant to R.I. Gen. Laws § 19-14-13.
(iii) The individual authorizing the Home Loan after reviewing said tangible net benefit and/or High Cost-Home Loan analysis shall date and sign the written record of analysis by confirming that he/she has reviewed the analysis and confirms whether or not the loan is a High Cost-Home Loan and whether or not there is a tangible net benefit under the terms of the Act.


Buyer Comment (2019-07-22): Note: Please clear this as this is invalid for [REDACTED], this is invalid


Buyer Comment (2019-07-16): The "Rhode Island High Cost Analysis" is not required unless the borrower chose and we offered a High Cost loan and [REDACTED] does not offer High Cost loans.
 08/02/2019     1 A   RI Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
207194582 [REDACTED]         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 $266.00 exceeds tolerance of $200.00 plus 10% or $220.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/09/2019   1 A   RI Primary Refinance - Rate/Term Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207194582 [REDACTED]         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 [REDACTED] 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 Closing Disclosure provided on [REDACTED] 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.             2 B   RI Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207194582 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan.             2 B   RI Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207194582 [REDACTED]         Compliance Compliance State Compliance Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Signed) Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans Disclosure not properly executed.       Reviewer Comment (2019-07-19): rec'd signed disclosure
 07/19/2019     1 A   RI Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
207194584 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-07-18): rec'd approval
 07/18/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207194584 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing complete  [REDACTED]  bank statement  [REDACTED]  -[REDACTED] for # [REDACTED] .     Reviewer Comment (2019-07-24): Using lower balance from [REDACTED] statement; statement is within 90 day requirement and [REDACTED] statement shows no significant increase.  Added [REDACTED] that is fully documented in file and reflected on Final 1003.  Assets verified are sufficient to meet closing requirement; exception cleared.


Buyer Comment (2019-07-19): Please review the underwriter's explanation for using the [REDACTED] [REDACTED] statements in lieu of the [REDACTED] statement.


Reviewer Comment (2019-07-18): Rec'd [REDACTED] statement, missing [REDACTED] statement.
 07/24/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207194584 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing complete  [REDACTED]  bank statement  [REDACTED] -[REDACTED] for # [REDACTED] .     Reviewer Comment (2019-08-07): updated with receipt of bank statement


Buyer Comment (2019-08-02): Please review [REDACTED] with highlights.  These are complete bank statements, and the account in question shows any changes in amount are due to interest/dividends accrued.  The bank statements are combined account statements.


Reviewer Comment (2019-07-29): Missing complete full 30 day statement for [REDACTED].    Loan file only documents the ending of balance for account overview page of statement .  Per overview statement, account balance is $60,831.75 which is not included din $102,304.94 verified assets,


Buyer Comment (2019-07-26): Please clarify.  Information from underwriter stated she re-calculated using the [REDACTED] [REDACTED] with a balance of $163,173.53.  At the time of closing, this statement had not expired.  If the underwriter verified $163,173.53 for assets, why is [REDACTED] using $101,074.94, when the [REDACTED] statement is still acceptable?


Reviewer Comment (2019-07-24): Verified assets total 3.58 months reserves < 4 months guideline minimum.  Total verified is $101,074.94 - $93,964.71 required reserves = $7,110.23 (verified reserves)


Reviewer Comment (2019-07-18): Rec'd [REDACTED] statement, missing [REDACTED] statement.
 08/07/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207194584 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The final CD disclosed an inaccurate amount by which the dollar amount exceeded the legal limit.     Reviewer Comment (2019-07-16): Tolerance exceptions are addressed. Exception Cleared.
 07/16/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207194584 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. The broker fee of $ [REDACTED] exceeded tolerance of $ [REDACTED]  with no cure to the borrower.     Reviewer Comment (2019-07-16): [REDACTED] received [REDACTED] COC. Exception Cleared.
 07/16/2019     1 A   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
207194585 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Missing LP AUS as noted on the 1008.     Reviewer Comment (2019-07-25): LP provided
 07/25/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided   No copy of the underlying $[REDACTED] first lien note.     Reviewer Comment (2019-07-25): Copy of [REDACTED] Sr 1st Lien Note
 07/25/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy.   Maximum CLTV permitted is 85%. No exception noted in file. Calculated CLTV is 90%.- Missing AUS     Reviewer Comment (2019-08-05): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix. Max CLTV 90%


Reviewer Comment (2019-08-05): .


Buyer Comment (2019-07-31): Please clear this condition as it was satisfied with the others.
 08/05/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Effective date of hazard insurance policy, [REDACTED],  is after the the closing date of [REDACTED].     Reviewer Comment (2019-07-25): Lender's statement provided that states no claims placed on property
 07/25/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI exceeds second mortgage threshold of 43%.  Net rental loss miscalculated by originator on [REDACTED] - has a $[REDACTED]month net rental income, and should be a monthly $[REDACTED] net loss of income.     Reviewer Comment (2019-07-25): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix


Buyer Comment (2019-07-24): The property located at [REDACTED] was purchased  mid year [REDACTED].  The income calculation was done using the tax returns but since the borrower purchased the property mid-year the income is divided over the months of ownership, not 12 months.

This property is owned by the borrower's business and the mortgages are in the business name.  We did not have to include it on the 1003 REO section. If the property is removed we'll still be under the DTI of 39.5%.
 07/25/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - REO Schedule E Method Test Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (Schedule E Method) using reasonably reliable third-party records. Missing Leases     Reviewer Comment (2019-07-30): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix.  Re reviewed Schedule E calculation for [REDACTED] purchased [REDACTED] (D0214).  D0214 Non recurring closing costs - purchased [REDACTED].  $14,752.00 added back into totals used for Schedule E rental income calculation. Net rental income $1,171.80. Revised DTI 35.46641%


Buyer Comment (2019-07-26): lease agreements nor rental income were needed to qualify this borrower.


Buyer Comment (2019-07-26): Lease for [REDACTED] was uploaded [REDACTED].
 07/30/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 14,369.85 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-31): [REDACTED] received tax calculation. Exception Cleared.


Reviewer Comment (2019-07-24): Tax cert provided states $5,837.36 semi annually which is $972.89 per month.  Appears lender is using tax amount $1,105.93.  Unable to determine how lender arrived at this figure. tax rate is 1.1653 x [REDACTED] (purchase price) would be $12,526.98 annually or $1,043.91. Please provide tax calculation or LOE and Corrected CD required to cure.


Buyer Comment (2019-07-23): Attached Is the correct tax cert with the yearly amount.
 07/31/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
207194585 [REDACTED]         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. Exceeds DTI threshold of 43%.     Reviewer Comment (2019-07-30): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix.  Re reviewed Schedule E calculation for [REDACTED] purchased [REDACTED] (D0214).  D0214 Non recurring closing costs - purchased [REDACTED].  $14,752.00 added back into totals used for Schedule E rental income calculation. Net rental income $1,171.80. Revised DTI 35.46641%
 07/30/2019     1 A   CA Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
207194585 [REDACTED]         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. Exceeds DTI threshold of 43%.     Reviewer Comment (2019-07-30): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix.  Re reviewed Schedule E calculation for [REDACTED] purchased [REDACTED] (D0214).  D0214 Non recurring closing costs - purchased [REDACTED].  $14,752.00 added back into totals used for Schedule E rental income calculation. Net rental income $1,171.80. Revised DTI 35.46641%
 07/30/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence Subordinate Lien TRID Final Closing Disclosure [REDACTED] on a simultaneous subordinate lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) No seller fees listed on the sellers closing disclosure, or consumers closing disclosure.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
207194585 [REDACTED]         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 52.72087% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)       Reviewer Comment (2019-07-25): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix
 07/25/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Excessive DTI     Reviewer Comment (2019-07-30): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix.  Re reviewed Schedule E calculation for [REDACTED] purchased [REDACTED] (D0214).  D0214 Non recurring closing costs - purchased [REDACTED].  $14,752.00 added back into totals used for Schedule E rental income calculation. Net rental income $1,171.80. Revised DTI 35.46641%
 07/30/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194585 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay - Missing Investor Guideline Qualifying Total Debt Ratio Unable to complete ATR testing due to missing investor guideline qualifying total debt ratio.       Reviewer Comment (2019-08-22): LP / LPA Accept provided for Agency 2nd loan approval.   Loan approval was not based on a manual underwrite against AO guidelines and matrix.  Re reviewed Schedule E calculation for [REDACTED] purchased [REDACTED] (D0214).  D0214 Non recurring closing costs - purchased [REDACTED].  $14,752.00 added back into totals used for Schedule E rental income calculation. Net rental income $1,171.80. Revised DTI 35.46641%


Buyer Comment (2019-08-20): Please clear this last condition as it should have cleared along with the others.


Buyer Comment (2019-08-16): Please clear this condition as it should have cleared as well.


Buyer Comment (2019-08-14): Please clear this last condition - It should've cleared then the other trickled down and cleared.
 08/22/2019     1 A   CA Primary Purchase   D B D A C B A A Non QM Non QM No
207194587 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207194587 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Credit score must be 700 to have 75% LTV 29.10 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $46,597.08

Borrower has job stability for 20.42 years as owner of [REDACTED]		 Originator

Originator

Originator		 Reviewer Comment (2019-07-24): CRE provided for 75% LTV > 70% maximum


Buyer Comment (2019-07-24): Info uploaded since [REDACTED]


Reviewer Comment (2019-07-19): Received incomplete CRE.  Issue remains EV3 for CRE stating exception being approved.   EV3 is approved 75% LTV > 70% maximum
     07/24/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207194592 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 10,132.87 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-17): [REDACTED] received PCCD correcting escrow section and LOE. Exception Cured.


Buyer Comment (2019-07-16): Per CFPB we can use either 11 or 12 months in this case we used 11 months
   07/17/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
207194592 [REDACTED]         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 $460.29 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/10/2019   1 A   FL Primary Purchase Final CD evidences Cure D B D A C B C A Non QM Non QM Yes
207194592 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on [REDACTED] disclosed the loan would not have an escrow account.     Reviewer Comment (2019-07-17): [REDACTED] received PCCD correcting escrow section and LOE. Exception Cured.
   07/17/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
207194592 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   D B D A C B C A Non QM Non QM No
207194592 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided         Reviewer Comment (2019-07-18): Rec'd senior lien note.


Buyer Comment (2019-07-18): Note: Info been uploaded since [REDACTED]
 07/18/2019     1 A   FL Primary Purchase   D B D A C B C A Non QM Non QM No
207194592 [REDACTED]         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. No evidence of any email receipt of CD     Reviewer Comment (2019-07-17): [REDACTED] received disclosure tracking indicating the [REDACTED] CD was received the same day. Exception Cleared.
 07/17/2019     1 A   FL Primary Purchase No Defined Cure D B D A C B C A Non QM Non QM No
207194600 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CT Investment Refinance - Rate/Term   C A A A     C A     No
207194608 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B A A     C B     No
207194608 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   FL Investment Refinance - Cash-out - Other   C B A A     C B     No
207194609 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Rate/Term   C A A A     C A     No
207240796 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU Score of 1.9
 10/20/2019     1 A   TX Investment Purchase   C A A A     C A     No
207279405 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Refinance - Cash-out - Other   C B B B     C B     No
207279405 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Lender exception approval for less than 5 yrs credit history; less than 24 months mortgage seasoning. Compensating Factors: Credit score, reserves, and investment experience. Compensating Factors: Credit score, reserves, and investment experience. Originator Pre-Close Reviewer Comment (2019-07-17): CRE D069
     07/17/2019 2 B   GA Investment Refinance - Cash-out - Other   C B B B     C B     No
207279405 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   GA Investment Refinance - Cash-out - Other   C B B B     C B     No
207280073 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207280073 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-07-19): Received
 07/19/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207280076 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207280076 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure.               2 B   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207280076 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. There is a discrepancy in the HOI insurance $[REDACTED] on Initial Escrow Disclosure vs $[REDACTED] on policy and CD.
There is a minor discrepancy in the flood insurance $[REDACTED] on the policy and CD and $[REDACTED]on the Initial Escrow Disclosure.		     Reviewer Comment (2019-07-22): The following was provided: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission period ending [REDACTED].


Buyer Comment (2019-07-20): please note rescission ending on the [REDACTED]
   07/22/2019   2 B   FL 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 B A A C B C A Non QM Non QM Yes
207280084 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.       Reviewer Comment (2019-07-29): Guidelines do not specify that it has to be lender or broker score


Reviewer Comment (2019-07-19): CRE required.


Buyer Comment (2019-07-18): See updated 1008; we do not do exceptions for this when we use the Brokers Credit Rep we only add this to the 1008
 07/29/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-11): Received CDA
 09/11/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-07-19): Rec'd approval.
 07/19/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         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 $220.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-07-17): Letter of Explanation & Corrected Closing Disclosure provided
   07/17/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C B Non QM Non QM Yes
207280084 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing fully executed Closing Statement for sale of departing property.     Reviewer Comment (2019-07-19): Rec'd final closing statement.
 07/19/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing fully executed Closing Statement for sale of departing property.     Reviewer Comment (2019-07-19): Rec'd final closing statement.
 07/19/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure[REDACTED] 12:00:00 AM was received. Loan Estimate dated[REDACTED] was received after[REDACTED].     Reviewer Comment (2019-07-17): Disclosure tracking details in loan file confirm receipt of the LE
 07/17/2019     1 A   FL Primary Purchase No Defined Cure C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-30): Received Field Review
 10/30/2019     1 A   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280084 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   FL Primary Purchase   C B C A C B C B Non QM Non QM No
207280088 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   UT Investment Refinance - Cash-out - Other   C A A A     C A     No
207280089 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207280091 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B B B     C B     No
207280091 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1008 < 1200 required 157 months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-07-17): CRE D002
     07/17/2019 2 B   FL Investment Refinance - Cash-out - Other   C B B B     C B     No
207280091 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-18): AVM reflects FSD score of 0.243; exception remains.
       2 B   FL Investment Refinance - Cash-out - Other   C B B B     C B     No
207280092 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   B A A A     B A     No
207284751 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Final Closing Disclosure marked that loan is assumable             2 B   SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207284751 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-07-19): Rec'd VVOE
 07/19/2019     1 A   SC Primary Purchase   C B C A B B A A Non QM Non QM No
207302170 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-07-18): Rec'd approval.


Buyer Comment (2019-07-15): Please review the approval attached.
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   No Title Commitment or Prelim or final provided     Reviewer Comment (2019-07-18): Rec'd prelim.


Buyer Comment (2019-07-17): Please review the title attached.
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         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. Third Party Verification of the borrower's business and/or a CPA letter are not found in the loan images.     Reviewer Comment (2019-07-18): Rec'd CPA letter


Buyer Comment (2019-07-17): Business license attached and CPA letter
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         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. Third Party Verification of the borrower's business and/or a CPA letter are not found in the loan images.     Reviewer Comment (2019-07-18): Rec'd CPA letter
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Third Party Verification of the borrower's business and/or a CPA letter are not found in the loan images.     Reviewer Comment (2019-07-18): Rec'd CPA letter
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. Disclosure does not reflect an amount for Closing Costs Financed, but this should be $[REDACTED].             2 B   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
207302170 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Third Party Verification of the borrower's business and/or a CPA letter are not found in the loan images.     Reviewer Comment (2019-07-18): Rec'd CPA letter


Buyer Comment (2019-07-16): Please review the business filing attached.


Buyer Comment (2019-07-16): Please review the CPA letter attached.
 07/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   On the initial and final 1003s, Declaration L, regarding intent to occupy the property, is marked 'No'.  The loan was approved as a primary residence.     Reviewer Comment (2019-08-20): Rec'd corrected 1003 declarations page initialed by the borrower and Borrower signed LOE; exception cleared.


Buyer Comment (2019-08-16): PLEASE REVIEW ATTACHED DOCS


Reviewer Comment (2019-08-05): Received final unsigned 1003 reflecting occupancy changed and initialed.  Issue remains EV3 for initial and final 1003's corrected, changes made to initial and final acknowledged by Borrower and initial and final 1003's reflecting corrected intent to occupy subject securing a $183,733.66 cash out refinance signed and dated by Borrower.   A signed Affidavit of Occupancy could not be located in file.


Buyer Comment (2019-08-01): Please review the letters of explanation from the borrower and corrected 1003.
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207302170 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   City on Note is [REDACTED]; city on dec page is [REDACTED].     Reviewer Comment (2019-08-13): Received revised insurance


Buyer Comment (2019-08-12): Please see attached Hazard
 08/13/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Cities on between Note and Appraisal differ     Reviewer Comment (2019-08-20): Rec'd corrected copy of appraisal report dated same date as original report; exception cleared.
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         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.       Reviewer Comment (2019-08-20): Prior Lender at Origination is not the same as current Lender, per Preliminary Title report and credit report.


Buyer Comment (2019-08-16): Please see attached docs
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302170 [REDACTED]         Credit System General Valuation address does not match Note address. - City on Note is [REDACTED]; city on appraisal and CDA is [REDACTED].     Reviewer Comment (2019-08-20): Rec'd corrected copy of appraisal report dated same date as original report; exception cleared.


Buyer Comment (2019-08-16): Please see attached docs.
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207302171 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   IN Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date.       Reviewer Comment (2019-07-29): Received


Buyer Comment (2019-07-25): Please see attached 1003
 07/29/2019     1 A   IN Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance ARM Disclosure Timing Test Unable to determine if ARM disclosure was provided within three (3) days of application due to missing information.       Reviewer Comment (2019-07-29): Received


Buyer Comment (2019-07-25): Arm Disc


Reviewer Comment (2019-07-15): Rec'd duplicate copy of ARM disclosure signed and dated on [REDACTED]; Missing initial disclosure provided within 3 business days of application.


Buyer Comment (2019-07-11): Please see attached ARM Disclosure
 07/29/2019     1 A   IN Primary Refinance - Cash-out - Other No Defined Cure C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance CHARM Booklet Disclosure Timing Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.       Reviewer Comment (2019-07-29): Received initial 1003 with date to test CHARM


Buyer Comment (2019-07-25): Please see 1003 attached and Charm dis attached on[REDACTED]


Buyer Comment (2019-07-25): Please see Charm Disc
 07/29/2019     1 A   IN Primary Refinance - Cash-out - Other No Defined Cure C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         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 Date not found in loan images.     Reviewer Comment (2019-07-29): Received
 07/29/2019     1 A   IN Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Assumption language is presented on the Note, however, the consumer's final CD indicates that the loan is not assumable.             2 B   IN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207302171 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure of $225.00 for Title - Processing Fee was not provided.     Reviewer Comment (2019-07-26): Tolerance exceptions are addressed. Exception Cleared.
 07/26/2019     1 A   IN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207302171 [REDACTED]         Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. A copy of the document provided to the borrower is not found in loan images.     Reviewer Comment (2019-07-26): [REDACTED] received SSPL. Exception Cleared.
 07/26/2019     1 A   IN Primary Refinance - Cash-out - Other No Defined Cure C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Processing Fee.  Fee Amount of $225.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-07-26): [REDACTED] received SSPL. Exception Cleared.


Buyer Comment (2019-07-25): See SPL


Reviewer Comment (2019-07-16): Settlement Service Providers List is missing from the loan file. Please provide the Settlement Service Providers List so further testing can be done on the tolerance exceptions.


Buyer Comment (2019-07-15): Please review to clear condition.


Buyer Comment (2019-07-15): This is a Title processing fee (not a lender fee) and is in Section C which has no tolerance
 07/26/2019     1 A   IN 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 C A Non QM Non QM Yes
207302171 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-07-26): [REDACTED] received LE signed [REDACTED]. Exception Cleared.


Buyer Comment (2019-07-25): Please see LE attached
 07/26/2019     1 A   IN Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207302171 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Per documentation, initial LE was sent electronically on [REDACTED].  Borrower consented on [REDACTED].     Reviewer Comment (2019-07-26): [REDACTED] received LE signed [REDACTED]. Exception Cleared.
 07/26/2019     1 A   IN Primary Refinance - Cash-out - Other No Defined Cure C B A A C B C A Non QM Non QM No
207326435 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verification of existance of Borrower business within 10 days of closing.     Reviewer Comment (2019-07-22): Third party verification dated[REDACTED] provided
 07/22/2019     1 A   NJ Primary Purchase   C B C A B B C A Non QM Non QM No
207326435 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Blank field on CD             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207326435 [REDACTED]         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 $465.00 exceeds tolerance of $380.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/12/2019   1 A   NJ Primary Purchase Final CD evidences Cure C B C A B B C A Non QM Non QM Yes
207326435 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Primary Purchase   C B C A B B C A Non QM Non QM No
207326438 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A A A C A N/A N/A No
207326442 [REDACTED]         Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   VOR shows 10 months of payments, but guidelines require 12. 745 representative FICO score > 660 guideline minimum

26.95349% Payment Shock < 250% maximum for FTHB

Credit History 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]		 Originator

Originator

Originator		 Reviewer Comment (2019-07-23): CRE provided for 10 months verified housing history < 12 months required
     07/23/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207326442 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Potential Undisclosed REO reflected on fraud report was not cleared.     Reviewer Comment (2019-07-23): [REDACTED] is owned by [REDACTED]  Borrower is the [REDACTED]
 07/23/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207326450 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-07-22): Lender provided documentation the Initial LE was also sent [REDACTED]


Buyer Comment (2019-07-19): Note: Application date is [REDACTED] which is on a [REDACTED]. LE is dated [REDACTED] using the mailbox rule; the Bwr can E-Consent to E-Disclosures at any point in the Mtg. cycle. This is allowed per TRID guides
 07/22/2019     1 A   NJ Primary Purchase   C B C B C A A A Non QM Non QM No
207326450 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: [REDACTED] [REDACTED] / [REDACTED]not provided   Original [REDACTED] [REDACTED] dated [REDACTED]  was not provided verifying the [REDACTED]terms. The civil action court filings dated after the [REDACTED] was finalized are regarding only [REDACTED]  payments were provided. [REDACTED]payments based on the $ [REDACTED]  pay stub deduction.     Reviewer Comment (2019-07-24): There is no [REDACTED] or child from the [REDACTED]; the additional $118.00 deduction on paystub is for arrears as ordered.  Added additional arrears payment to [REDACTED] obligation.  Exception cleared.


Buyer Comment (2019-07-24): Comments been made on this since [REDACTED]


Buyer Comment (2019-07-19): The  Original settlement only mentioned $500 Week [REDACTED] ($2166.67 Monthly) .  The most recent settlement statement showed borrower [REDACTED] was reduced to $1200 per month and must be payroll deducted  (Per paystub $553.85 x 24 / 12 = $1200)  the other deduction is arrearage ($118 x 24 = $2832 / 12 = $236 per month) A revised the 1008 to reflect these amounts  Which we included into the DTI…. There was no mention of [REDACTED].  No Children on tax returns. Per 1003 borrower has a 20 year (Around 16 time of [REDACTED]) . If delinquent on [REDACTED], it would also be mentioned and the child is now [REDACTED] …
 07/24/2019     1 A   NJ Primary Purchase   C B C B C A A A Non QM Non QM No
207326450 [REDACTED]         Credit Credit Credit Documentation Insufficient Verification of Rental History.   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Insufficient housing history verification. Borrower does not have canceled rent checks, since he pays. Landlords are a private party. Compensating factors cited: 1) Credit History 2) Reserves and 3) Stable employment history. Credit History - Borrower's credit history reflects borrowers is a responsible credit user.

Stable Employment History  - Borrower has been employed as a [REDACTED] for the same [REDACTED] for over 15 years.

Reserves - 37.06 months reserves is greater than the 4 months guideline minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-17): CRE D167


Reviewer Comment (2019-07-12): Program exception granted supported by listed compensating factors.
     07/17/2019 2 B   NJ Primary Purchase   C B C B C A A A Non QM Non QM No
207326455 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Not provided on Preliminary title work.             2 B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
207326455 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller fees shown on borrower CD only.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B B B B A A Non QM Non QM Yes
207326455 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   The statements show 15 NSF in 12 months and guidelines limit it to six.  Lender acknowledges exception with compensating factors including credit history, residual income and stable employment history. 780 representative FICO score > 660 guideline minimum

Borrower on this Alt documentation loan has a disposable income of $12,150		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-17): CRE D02
     07/17/2019 2 B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
207326465 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock of 459.11455% exceeds maximum payment shock of 350%. Lender exception was not provided. Borrower on this Bank Statement documentation loan has a disposable income of $25,939.76

Credit history 0 x 30, 60, 90 late payments reported [REDACTED] to [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-08-06): CRE provided for 459.11% payment shock exceeds 350% maximum
     08/06/2019 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207326465 [REDACTED]         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 $693.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal confirms Association fees are $ [REDACTED]  annually and Final CD reflects $ [REDACTED] .     Reviewer Comment (2019-07-22): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-07-19): Per CFPB we are allow to use 11 or 12 months in this case we used 11 months
   07/22/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207326465 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ To be eligible under the business bank statement program borrowers must have 100% ownership in the business. Verification of ownership % was not provided. Further, documentation in file reflects a recent sale of 95 shares to another party.     Reviewer Comment (2019-08-07): All [REDACTED]. business entity documents (D0037 and D0038) only reflect Borrower, ok to clear.  Stock Certificate regarding 95 shares pertained to [REDACTED].


Buyer Comment (2019-08-05): Note: The borrower owns two different companies.  The company which the stock was sold is [REDACTED]. and the company we qualified her on is [REDACTED].  The documentation for proof of ownership is for [REDACTED]. which the borrower is the Director/Owner, there's no other individuals listed as owners per SOS
 08/07/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207326466 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-07-23): Rec'd disclosure signed by Lender in trailing docs; exception cleared on compliance re-run.
 07/23/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C A C A Non QM Non QM Yes
207326466 [REDACTED]         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 $379.00 exceeds tolerance of $187.00 plus 10% or $205.70.  Sufficient or excess cure was provided to the borrower at Closing.           07/12/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C A C A Non QM Non QM Yes
207326466 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. 12 month Business Bank Statement requires minimum FICO 660. 40.08% DTI on this 12 Mo business bank statement documentation loan < 55% guideline max - 14.9% below program guideline maximum

Borrower on this 12 Mo business bank statement documentation loan has a disposable income of $4,737.15		 Originator

Originator		 Reviewer Comment (2019-07-23): Rec'd CRE in trailing docs - D209
     07/23/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207326466 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207326466 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Third party verification of expense ratio of 35% was not provided. Borrower on this 12 Mo business bank statement documentation loan has a disposable income of $4,737.15

69.17% LTV < 75.00% guideline maximum		 Originator

Originator		 Reviewer Comment (2019-08-16): CRE received waiving missing verification of business expense ratio (P&L or Expense Statement


Reviewer Comment (2019-07-23): Rec'd bank stmt income worksheet; guidelines require third party prepared Business Expense Ratio Statement or Profit and Loss Statements when using less than 50% expense ratio.  Exception remains.
     08/16/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207326472 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Primary Refinance - Cash-out - Debt Consolidation   C A A A C A C A Non QM Non QM No
207326472 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Lender used lower hazard insurance premium than verified by audit.     Reviewer Comment (2019-07-19): [REDACTED] received PCCD. The Final CD is consistent with amounts on IEADS. Exception Cleared.
 07/19/2019     1 A   GA Primary Refinance - Cash-out - Debt Consolidation TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C A A A C A C A Non QM Non QM Yes
207326479 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207326479 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1060 < 1200 required 720 representative FICO score > 660 guideline minimum

57.84 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-25): CRE provided for 1,060 square footage < 1,200 minimum required
     07/25/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207326485 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207337095 [REDACTED]         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.       Reviewer Comment (2019-07-29): Rec'd tracking showing appraisal was sent via email on [REDACTED].
 07/29/2019     1 A   MI Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207337095 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.84790% or Final Disclosure APR of 6.85000% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-31): appraisal delivery
 07/31/2019     1 A   MI Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207337095 [REDACTED]         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.       Reviewer Comment (2019-07-31): updated delivery to include Saturday as biz day


Buyer Comment (2019-07-30): Saturday [REDACTED] is considered a business day.  Therefore the borrower received the document on [REDACTED], which is 3 days prior to closing.


Reviewer Comment (2019-07-29): Rec'd tracking showing appraisal was sent via email on [REDACTED], however, date borrower received was not provided.  #-day mail relu applied results in receipt date on [REDACTED] which is not a3 business days prior to closing on [REDACTED].
 07/31/2019     1 A   MI Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207337095 [REDACTED]         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 $674.35 exceeds tolerance of $610.00 plus 10% or $671.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure in the amount of $28.35 was credited to borrower on final CD.         07/11/2019   1 A   MI Primary Refinance - Cash-out - Other Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207337095 [REDACTED]         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 $525.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure in the amount of $28.35 was credited to borrower on final CD.         07/11/2019   1 A   MI Primary Refinance - Cash-out - Other Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207341715 [REDACTED]         Credit Credit Credit Documentation Insufficient Verification of Rental History.   Primary housing as rent free not allowed per guidelines but meets exception policy based on compensating factors of low DTI, reserves and residual income. 35.814% DTI on this Full documentation loan < 55% guideline max - 19.19% below program guideline maximum

74 months reserves > 6 months guideline minimum.

Borrower on this Full documentation loan has a disposable income of $6960.13.		 Originator

Originator

Originator		 Reviewer Comment (2019-07-15): Primary residence reflects rent free, which is not allowed per Portfolio Select guidelines however, meets exception policy based on compensating factors.
     07/15/2019 2 B   NC Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207341715 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing is not evident in the file. Date pulled on both Business Entity listings in the file is not legible.     Reviewer Comment (2019-07-25): Provided


Buyer Comment (2019-07-24): Info been uploaded since [REDACTED]
 07/25/2019     1 A   NC Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207341715 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -               2 B   NC Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207341715 [REDACTED]         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.               2 B   NC Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207341716 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Left blank on CD.             2 B   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207341716 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   MD Primary Purchase   C B A A B B C A Non QM Non QM No
207341721 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   720 representative FICO score > 660 guideline minimum

17.61 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $3,796.02		 Originator

Originator

Originator		 Reviewer Comment (2019-07-26): CRE provided for [REDACTED] loan amount < [REDACTED] minimum
     07/26/2019 2 B   FL Second Home Purchase   C B C B C B C A Non QM Non QM No
207341721 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Second Home Purchase   C B C B C B C A Non QM Non QM No
207341721 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. Notice provided - not signed by borrower             2 B   FL Second Home Purchase   C B C B C B C A Non QM Non QM No
207341721 [REDACTED]         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 (2019-07-29): Updated with CRE


Buyer Comment (2019-07-26): This one should have cleared when this one did: General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines
 07/29/2019     1 A   FL Second Home Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B C A Non QM Non QM Yes
207341721 [REDACTED]         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 55.15099% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) The credit report includes an [REDACTED] payment for $[REDACTED]which was not included on the final 1003. 720 representative FICO score > 660 guideline minimum

17.61 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $3,796.02		 Originator

Originator

Originator		 Reviewer Comment (2019-07-26): CRE provided for 55.15% DTI > 55%.  Compensating factors: FICO, Reserves and Residual Income
     07/26/2019 2 B   FL Second Home Purchase   C B C B C B C A Non QM Non QM No
207341721 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. 55.15% > 55% maximum 720 representative FICO score > 660 guideline minimum

17.61 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $3,796.02		 Originator

Originator

Originator		 Reviewer Comment (2019-07-26): CRE provided for 55.15% DTI > 55%.  Compensating factors: FICO, Reserves and Residual Income
     07/26/2019 2 B   FL Second Home Purchase   C B C B C B C A Non QM Non QM No
207341723 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207341723 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Hazard insurance does no include ISAOA.             2 B   TN Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207341727 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ 4506-T year  [REDACTED]     Reviewer Comment (2019-07-31): Clear not required per guidelines


Reviewer Comment (2019-07-24): Issue remains EV3 for executed IRS Form 4506-T signed by all borrowers.  Guidelines do not state a 4506-T is not required under Bank Statement program


Buyer Comment (2019-07-22): The 4506/4506-T is only required for full document loans.  It is not required for Personal or Business Bank Statement loans.  This is a Platinum Business Bank statement loan.
 07/31/2019     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
207341727 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Esign consent[REDACTED] per Disclosure Tracking Summary, LE sent electronically [REDACTED].     Reviewer Comment (2019-07-23): eConsent and LE delivery on same day with eConsent viewed prior to LE viewed.
 07/23/2019     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
207341727 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Esign consent[REDACTED] per Disclosure Tracking Summary     Reviewer Comment (2019-07-23): Evidence of receipt with signed LE in file.
 07/23/2019     1 A   CA Primary Refinance - Rate/Term No Defined Cure C A C A C A A A Non QM Non QM No
207341728 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207341728 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.       Reviewer Comment (2019-07-26): Removed on compliance re-run.
 07/26/2019     1 A   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207341728 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-07-26): Rec'd disclosure signed by Lender in trailing docs.
 07/26/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B B B C B C A Non QM Non QM Yes
207341728 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Not Provided             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207341728 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207341728 [REDACTED]         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. Borrower provided a copy of the appraisal initially issued [REDACTED]; Missing proof of delivery of the revised report dated [REDACTED].  Borrower executed appraisal waiver, therefore, proof of date delivered is required.             2 B   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207341728 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207341733 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NJ Primary Purchase   C B A A B B C A Non QM Non QM No
207341733 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207341737 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MN Primary Purchase   C B C A B B C A Non QM Non QM No
207341737 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 7.08170% or Final Disclosure APR of 7.09900% is in excess of allowable threshold of USTreasury 2.8200% + 3%, or 5.82000%.  Compliant Subprime Loan.               2 B   MN Primary Purchase   C B C A B B C A Non QM Non QM No
207341737 [REDACTED]         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 $142.00 exceeds tolerance of $92.00 plus 10% or $101.20.  Sufficient or excess cure was provided to the borrower at Closing.           07/17/2019   1 A   MN Primary Purchase Final CD evidences Cure C B C A B B C A Non QM Non QM Yes
207341737 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of mortgage for commercial property.     Reviewer Comment (2019-07-26): Private Mortgage.  Payment paid per statements, taxes and insurance documented in file and full amounts included in DTI with no offsetting rents


Buyer Comment (2019-07-23): Please excuse the typo.  It should be [REDACTED].


Buyer Comment (2019-07-23): Please review.  Mortgage for property is a private mortgage, with monthly payments of $2,846.92.  Deed is between [REDACTED], and the borrower.  The bank statements show payments made to [REDACTED] in the amount of $2,846.29.  This amount matches what is disclosed on the 1003.  Because it is a private mortgage, there will be no mortgage statements.
 07/26/2019     1 A   MN Primary Purchase   C B C A B B C A Non QM Non QM No
207341739 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the title evidence in file.       Reviewer Comment (2019-07-26): Received a copy of closing final refinance statement.  Issue remains EV3 for either an amended title commitment with reflecting a [REDACTED] proposed policy amount, supplement to title commitment indicating a [REDACTED] proposed policy amount or Final Title Policy for [REDACTED]
 07/26/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C A C A A A A A Non QM Non QM No
207341741 [REDACTED]         Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   Final CD/HUD for sale of [REDACTED] to verify deposit of $[REDACTED] is missing from file.     Reviewer Comment (2019-07-24): Rec'd business account statement showing transfer of $92,000.00 as source of funds and proof of receipt.
 07/24/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207341741 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-07-24): Rec'd reconstruction cost estimate from Insurer in trailing docs.
 07/24/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207341741 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. $[REDACTED] disclosed, calculated $[REDACTED].             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207341741 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, Calculated value $2.00.     Reviewer Comment (2019-07-22): [REDACTED] received required documents, exception is cleared.
 07/22/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207341741 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-07-30): [REDACTED] received disclosure tracking indicating the LE was mailed. Exception Cleared.


Reviewer Comment (2019-07-22): SFA review standards used by [REDACTED] indicate the requirement for the lender to receive the initial LE within 3 business days of application.


Buyer Comment (2019-07-22): LE'S are frequently sent on one day and not eSigned until the next day. Tolerance violations occur only when the fees were not disclosed in the first place or were under-disclosed. The Lender's obligation is to prove the disclosure is Sent with three business days of RESPA application date of Change Of Circumstances.
 07/30/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207341741 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing page 1 Account #[REDACTED]statement dated [REDACTED]nd [REDACTED]     Reviewer Comment (2019-07-30): Not required on bank statement loans.


Buyer Comment (2019-07-29): this is only required on full doc loans. plz consult with [REDACTED].

thanks,


Reviewer Comment (2019-07-29): Received missing page 1 of bank statements ending [REDACTED] and [REDACTED].  Issue remains EV3 for executed IRS Form 4506-T signed by all borrowers.  Current guidelines do not state that a 4506-T is not required under Bank Statement program


Reviewer Comment (2019-07-29): Missing 4506-T not received


Reviewer Comment (2019-07-29): .


Buyer Comment (2019-07-24): plz disregard up on [REDACTED] @ 3:35 upld in error


Reviewer Comment (2019-07-24): Rec'd page 1 of [REDACTED]tatement; still missing page 1 of [REDACTED] statement.
 07/30/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207341741 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-07-22): [REDACTED] received required documents, exception is cleared.
 07/22/2019     1 A   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 A C B A A Non QM Non QM Yes
207341741 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   4506 or 4506-T signed and dated year [REDACTED] was not provided.     Reviewer Comment (2019-07-24): 4506T is not required on bank statement program.


Buyer Comment (2019-07-22): not required on bank statement loans only full doc loans
 07/24/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207341742 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Primary Purchase   C B A A C B C A Non QM Non QM No
207341742 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $2.00 TX Guarantee fee not disclosed on loan estimate     Reviewer Comment (2019-07-24): attestation provide fee further outsourced  bu borrower provider
 07/24/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207341742 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. TX guarantee fee not disclosed on Loan estimate.     Reviewer Comment (2019-07-24): attestation provide fee further outsourced  bu borrower provider
 07/24/2019     1 A   TX 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
207341742 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section A Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a Paid To party other than to lender or broker for fee within Origination Charges. Sellers' CD has fees in section A that are not origination expenses.             2 B   TX Primary Purchase Good Faith Redisclosure C B A A C B C A Non QM Non QM Yes
207341745 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-07-29): Executed unrecorded copy of Security Instrument provided


Buyer Comment (2019-07-29): Info been uploaded since [REDACTED]
 07/29/2019     1 A   AZ Primary Purchase   D A D A A A C A Non QM Non QM No
207341745 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AZ Primary Purchase   D A D A A A C A Non QM Non QM No
207341746 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A C A C A Non QM Non QM No
207341746 [REDACTED]         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. Disclosure summary (D170) evidences initial CD sent[REDACTED], however, CD was not in the loan file.     Reviewer Comment (2019-07-24): Initial CD provided.
 07/24/2019     1 A   FL Primary Purchase No Defined Cure C A A A C A C A Non QM Non QM No
207341749 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-20): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/20/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207341749 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-08-20): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-08-02): The TX Title Guaranty (also known as a guaranty assessment recoupment charge, or "GARC") is a fee required to be collected by each TX Title Agent for each owners and lenders title insurance policy issued and is ultimately payable to [REDACTED] ([REDACTED]). While the title company is responsible for the collection of the fee (which the borrower may or may not shop for) the fee itself is ultimately passed onto the [REDACTED] ([REDACTED]). Given the ultimate payee/provider is not shoppable, it is subject to 0% tolerance.


Buyer Comment (2019-08-01): Per Compliance:The TX Title Guaranty fee is a fee payable to the State of Texas and not AOMS so I feel we should be allowed to sign an affidavit.  The borrower shopped for this title company.


Reviewer Comment (2019-07-31): [REDACTED] received attestation letter however, As of [REDACTED] the Title - Policy Guaranty Fee/TX GARC is a fee Borrower is not permitted to shop for, it is subject to 0% tolerance.  The TX Title Policy Guaranty fee should be disclosed in Section B on the CD in accordance with 1026.38(f)(2) which requires, "an itemization of the services and corresponding costs for each settlement service required by the creditor for which the consumer did not shop in accordance with 1026.19(e)(1)(vi)(A) and that are provided by persons other than the creditor or mortgage broker.  Exception stands.
   08/20/2019   2 B   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
207341749 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-22): Rec'd Final Title policy in trailing docs; exception cleared.
 08/22/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207341749 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-22): Rec'd Final Title policy in trailing docs; exception cleared.
 08/22/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207341749 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Hazard policy does not list "Lender its successors and assigns".             2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207341749 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-20): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/20/2019   2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM Yes
207341752 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient funds verified to support required reserves.  Lender exception was granted based on compensating factor of credit score higher than the minimum required score of 660 and overall credit history. Approved FICO greater than min FICO of 660

Borrower on this 12 months business bank statement documentation loan has a disposable income of $3330		 Originator

AMC		 Reviewer Comment (2019-07-23): CRE D171
     07/23/2019 2 B   SC Primary Purchase   B B B B A A A A Non QM Non QM No
207341754 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) No seller fees provided     Reviewer Comment (2019-07-23): [REDACTED] received seller's CD. Exception Cleared.


Buyer Comment (2019-07-22): Per CL:Closers do not and are not required to enter seller fees on the lender CD due to the seller not signing the lender CD
 07/23/2019     1 A   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207341754 [REDACTED]         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. No provided in timely manner     Reviewer Comment (2019-07-23): [REDACTED] received disclosure tracking indicating the [REDACTED] CD was received the same day. Exception Cleared.


Buyer Comment (2019-07-22): I count 3 business days from [REDACTED] to [REDACTED] (close date)
 07/23/2019     1 A   WA Primary Purchase No Defined Cure C A C A C A C A Non QM Non QM No
207341754 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing Approval     Reviewer Comment (2019-07-24): Loan Approval provided
 07/24/2019     1 A   WA Primary Purchase   C A C A C A C A Non QM Non QM No
207341754 [REDACTED]         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. Missing evidence as to when the valuation was provided to the borrower.     Reviewer Comment (2019-10-18): Proof of delivery provided
 10/18/2019     1 A   WA Primary Purchase   C A C A C A C A Non QM Non QM No
207341754 [REDACTED]         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. Missing evidence as to when the valuation was provided to the borrower.     Reviewer Comment (2019-10-18): Ack of receipt in file
 10/18/2019     1 A   WA Primary Purchase   C A C A C A C A Non QM Non QM No
207341754 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.   verified     Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-07-29): This is a securitization exception and at this time and will remain


Buyer Comment (2019-07-26): "FNMA CU Risk Rating" is 2.3. Please clear the exception.


Buyer Comment (2019-07-26): Please clear the exception due to the risk rating being 2.5 or less. If the LCA Risk Rating or Collateral Underwriter Risk Score is 2.5 or less the loan does not need a CDA for securitization.


Reviewer Comment (2019-07-24): Duplicate copy of AVM dated[REDACTED] provided.   issue remains EV3 for Desk Review
 09/12/2019     1 A   WA Primary Purchase   C A C A C A C A Non QM Non QM No
207341754 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-18): CDA provided and AVM has FSD of 0.192; exception cleared.
 10/18/2019     1 A   WA Primary Purchase   C A C A C A C A Non QM Non QM No
207341756 [REDACTED]         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 (2019-07-30): Rec'd Certificate.
 07/30/2019     1 A   IL Primary Purchase   C A C A C A C A Non QM Non QM No
207341756 [REDACTED]         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 fails ATR due to missing third-party verification of Sole Proprietor income documentation.     Reviewer Comment (2019-08-19): Internal review, loan documentation meets guidelines
 08/19/2019     1 A   IL Primary Purchase Lender to provide updated ATR/QM status C A C A C A C A Non QM Non QM Yes
207341756 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-12): Rec'd FInal Title policy in trailing docs; exception cleared.


Reviewer Comment (2019-08-01): IL - [REDACTED] - Certificate of Compliance uploaded[REDACTED] that is recorded with the Security Instrument does indicate an [REDACTED] loan / mortgage amount but is not an acceptable cure for reported EV3.   Issue remains EV3 for an amended title commitment indicating a proposed insured amount of [REDACTED] or an supplement to title commitment indicating a proposed insured amount of [REDACTED] or a copy of the Final Title Policy issued for a [REDACTED] policy amount.


Buyer Comment (2019-07-30): the correct amount is on what I upld [REDACTED] at 1:44


Reviewer Comment (2019-07-30): Nothing rec'd
 08/12/2019     1 A   IL Primary Purchase   C A C A C A C A Non QM Non QM No
207341756 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-12): Rec'd FInal Title policy in trailing docs; exception cleared.
 08/12/2019     1 A   IL Primary Purchase   C A C A C A C A Non QM Non QM No
207341756 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   IL Primary Purchase   C A C A C A C A Non QM Non QM No
207341756 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney Review Fee.  Fee Amount of $600.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a vendor not listed on the SSPL.     Reviewer Comment (2019-07-26): Attestation provided - Attorney fee further outsourced by borrower chosen provider.
 07/26/2019     1 A   IL 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
207341756 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Seller chosen vendors not listed on SSPl     Reviewer Comment (2019-07-26): Attestation provided - Attorney fee further outsourced by borrower chosen provider.
 07/26/2019     1 A   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207341758 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: [REDACTED] / [REDACTED] not provided   Final 1003 reflects borrower pays monthly [REDACTED] however, letter in file reflects borrower has never been [REDACTED]. Missing either corrected 1003 or [REDACTED] documentation.     Reviewer Comment (2019-10-01): Rec'd LOE from borrower and corrected Final signed 1003; exception cleared.


Reviewer Comment (2019-08-20): No exceptions relating to this issue have been cleared; Missing corrected liabilities section of final 1003 removing [REDACTED] obligation with changes initialed and dated by Borrower and signed LOE from the Borrower.


Buyer Comment (2019-08-16): Please clear condition as the other was cleared.


Reviewer Comment (2019-08-05): Borrower signed initial and final 1003 state $550.00 monthly [REDACTED] obligation.  Lender's Credit Risk Summary & Exception approval and 1008 Transmittal include $550.00 monthly amount in total monthly debt obligation.    Married Borrower's letter of explanation states Borrower has never been [REDACTED].   [REDACTED] does not determine if an individual can be obligated for [REDACTED].   Issue remains EV3 for revised initial and final 1003 removing [REDACTED] obligation with changes initialed by Borrower and both 1003's resigned and dated (post-closing).  Issue also remains EV3 for Borrower's signed letter of explanation as to the disclosure of $550.00 monthly [REDACTED] application at application on [REDACTED] and at closing on[REDACTED] if the obligation is not applicable.


Buyer Comment (2019-07-31): The borrower is married and has NO Children.
 10/01/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds to close and Down Payment are derived from business assets. Portfolio Select guidelines dated [REDACTED] state business funds under  bank statement program are not eligible.     Reviewer Comment (2019-08-20): Borrower transferred funds from business account to personal account prior to closing; source of funds documented and funds from personal account are acceptable and all required documentation provided.  Exception cleared.


Reviewer Comment (2019-08-05): [REDACTED] are [REDACTED] business assets.  Amended Articles or Organization (D0043) document that Borrower is not [REDACTED] of business.   Use of business assets towards closing and reserves requires [REDACTED].   $42,766.94 account balance as of[REDACTED] excluded from closing and reserves.  Issue remains EV3


Buyer Comment (2019-07-31): Per Guides - Bwr can use transferred funds on this program
 08/20/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves do not meet 4 months due to ineligible assets. Portfolio Select guidelines dated [REDACTED] state business funds under  bank statement program are not eligible for down payment, closing costs and reserves.     Reviewer Comment (2019-08-20): Borrower transferred funds from business account to personal account prior to closing; source of funds documented and funds from personal account are acceptable and all required documentation provided.  Exception cleared.
 08/20/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Income Document Error Bank Statements were used for income. All parties listed on each bank account must be included as borrowers on the loan per company guidelines.   Non-Borrowing person is reflected on Personal Bank Statements and does not meet guideline requirements but meets exception policy based credit history and residual income. Borrower on this Alt documentation loan has a disposable income of $4.083.04. Originator Reviewer Comment (2019-07-18): Guideline requirements not met for personal bank statement program as non-borrowing person is reflected on statements but meets exception policy based on compensating factor of residual income is 2 times minimum requirement.
     07/18/2019 2 B   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing Borrower's signed letter of explanation as to the disclosure of $[REDACTED]monthly [REDACTED] application at application on [REDACTED]and at closing on[REDACTED] if the obligation is not applicable.     Reviewer Comment (2019-10-01): Rec'd LOE from borrower and corrected Final signed 1003; exception cleared.
 10/01/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Missing corrected liabilities section of final 1003 removing [REDACTED] obligation with changes initialed and dated by Borrower and signed LOE from the Borrower.  Borrower signed initial and final 1003 state $[REDACTED]monthly [REDACTED] obligation.  Lender's Credit Risk Summary & Exception approval and 1008 Transmittal include $[REDACTED] monthly amount in total monthly debt obligation.    [REDACTED] Borrower's letter of explanation states Borrower has never been [REDACTED].   [REDACTED] does not determine if an individual can be obligated for [REDACTED].     Reviewer Comment (2019-10-01): Rec'd LOE from borrower and corrected Final signed 1003; exception cleared.
 10/01/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341758 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Initial - Lender's is incomplete   Missing corrected liabilities section of initial 1003 removing [REDACTED] obligation with changes initialed by Borrower and both 1003's resigned and dated (post-closing).  Borrower signed initial and final 1003 state $[REDACTED]monthly [REDACTED] obligation.  Lender's Credit Risk Summary & Exception approval and 1008 Transmittal include $[REDACTED] monthly amount in total monthly debt obligation.    [REDACTED] Borrower's letter of explanation states Borrower has never been [REDACTED].   [REDACTED] does not determine if an individual can be obligated for [REDACTED].     Reviewer Comment (2019-08-20): Duplicate exception.
 08/20/2019     1 A   GA Primary Purchase   C B C B A A C A Non QM Non QM No
207341763 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Proceeds from refinace REO was not supported by fully executed settlement statement.  Statement provided disclosed settlement date([REDACTED]) post consummation date of subject     Reviewer Comment (2019-08-21): CTC of closing statement for new cash out refinance secured by [REDACTED] property documents $117,788.54 net proceeds to Borrower applied towards reserves and closing.
 08/21/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207341763 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Proceeds from refinace REO was not supported by fully executed settlement statement.  Statement provided disclosed settlement date([REDACTED]) post consummation date of subject     Reviewer Comment (2019-08-21): CTC of closing statement for new cash out refinance secured by [REDACTED] property documents $117,788.54 net proceeds to Borrower applied towards reserves and closing.
 08/21/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207341763 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207341763 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Borrower's own funds percent discrepancy.   Proceeds from refinace REO was not supported by fully executed settlement statement.  Statement provided disclosed settlement date([REDACTED]) post consummation date of subject     Reviewer Comment (2019-09-20): Rec'd Final Closing statement; exception cleared.
 09/20/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207341763 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Investment properties missing HOA verifications     Reviewer Comment (2019-07-30): Rec'd [REDACTED] printouts for all properties; no HOAs reflected.


Buyer Comment (2019-07-27): Per [REDACTED] none of the properties shows HOA
 07/30/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207341763 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Missing copy of executed Note for new $[REDACTED] [REDACTED] refinance loan secured by [REDACTED] property documenting new P&I amount.   Loan paid off existing v.  [REDACTED] proceeds from refinance used towards closing and reserves for [REDACTED] subject loan transaction.     Reviewer Comment (2019-09-27): Received first payment letter to borrower for [REDACTED]


Buyer Comment (2019-09-27): Document was in the file


Reviewer Comment (2019-09-20): Closing statement does not verify new PITI; please provide Final signed CD or New signed Note for verification of current P&I on new loan.


Buyer Comment (2019-09-17): [REDACTED] in file.


Buyer Comment (2019-09-17): See Final settlement statement
 09/27/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM Yes
207341767 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock exceeds 250% max allowed but meets exception policy based on compensating factors of credit score and DTI. 22% DTI on this Alt documentation loan < 55% guideline max - 33% below program guideline maximum

783 representative FICO score > 660 guideline minimum - 123 points above guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-07-17): Payment shock exceeds maximum but meets exception policy based on compensating factors.
     07/17/2019 2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         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 (2019-07-29): Removed on compliance re-run; taxes and insurance are escrowed.
 07/29/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.19210% or Final Disclosure APR of 8.19500% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-29): Removed on compliance re-run.
 07/29/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. PAD fee undefined.     Reviewer Comment (2019-07-25): Letter of Explanation, Proof of Delivery and Corrected CD provided.  Borrower not charged a PAD fee.  Confirmed from Final Settlement Statement.  Cure check not required.


Buyer Comment (2019-07-24): Please note the PAD was not charged on the Final Settlement statement, therefore the fee was not collected.
   07/25/2019   2 B   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B C A Non QM Non QM Yes
207341767 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller Closing Disclosure is missing from the file.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207341767 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for inquiries is not signed by the borrower per guideline requirements.     Reviewer Comment (2019-08-14): signed explanation from the borrower received


Reviewer Comment (2019-08-05): Copy of signed letter of explanation for inquiries was not provided
 08/14/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Income calculated is significantly higher than income stated on the initial 1003, explanation from the borrower to determine acceptability of the income is not evident in the file per guideline requirements.     Reviewer Comment (2019-08-14): signed explanation from the borrower received


Reviewer Comment (2019-08-09): Income calculated, $23,239.00, is significantly higher than income stated, $6,546.50, on the signed initial 1003.  Issue remains EV3 for a signed explanation from the borrower to determine acceptability of the income required under approved Bank Statement program.


Buyer Comment (2019-08-06): Please advise.  A processor cert and revised 1003 were uploaded for this condition on [REDACTED] - What else is needed for this condition?
 08/14/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Business funds were provided for closing costs and down payment  however, per Portfolio Select guideline requirements Business funds are not eligible if income approved based on bank statement program.     Reviewer Comment (2019-08-05): Business assets can be used towards closing and reserves under Portfolio Select Bank Statement program


Buyer Comment (2019-08-01): Please consult with [REDACTED]s about the use of Business assets.  Per the guidelines from the [REDACTED] PS Bank Statement program, business asset may be used for down payment, closing costs, and reserves.


Reviewer Comment (2019-07-27): Business assets are not eligible assets that can be used for down payment, closing costs and reserved under Portfolio Select Bank Statement program ([REDACTED] guidelines)


Buyer Comment (2019-07-24): Please review snip of business bank statement guidelines.  The guidelines state funds from the business accounts may be used for closings costs and reserves.
 08/05/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Business funds were provided for reserves however, per Portfolio Select guideline requirements Business funds are not eligible if income approved based on bank statement program.     Reviewer Comment (2019-08-01): Received corrected guidelines
 08/01/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341767 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Deed reflects borrower vested name as [REDACTED] however, mortgage reflects [REDACTED]. Corrected Deed not evident in the file.     Reviewer Comment (2019-07-29): Rec'd corrected Deed in trailing docs; exception cleared.
 07/29/2019     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
207341778 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy.     16% DTI <50% guideline max. Originator Reviewer Comment (2019-07-30): Rec'd exception for 90% LTV > maximum 85%.


Buyer Comment (2019-07-26): What are you wanting?
     07/30/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy.     5.01% 15.49% DTI on this Bank Statement documentation loan < 40% / 55% guideline maximums

Credit history 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-08-14): CRE provided for approved LTV/CLTV > 90%
     08/14/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         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 $740.00 exceeds tolerance of $475.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender cure was $415 accommodating the amount exceeding the tolerance limit         07/18/2019   1 A   FL Second Home Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
207341778 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender cure was $415 accommodating the amount exceeding the tolerance limit         07/18/2019   1 A   FL Second Home Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
207341778 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Second homes transactions with LTVs greater than 80% require a minimum 680 credit score. 16% DTI <50% guideline max. Originator Reviewer Comment (2019-07-30): Rec'd exception for credit score < guideline requirements.
     07/30/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-08-14): Full PITIA is documented in file


Reviewer Comment (2019-07-30): Rec'd HOA verification.  Missing mortgage statement.
 08/14/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Second homes transactions maximum LTV is 85%. 16% DTI <50% guideline max. Originator Reviewer Comment (2019-07-30): Rec'd exception for 90% LTV > maximum 85%.
     07/30/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341778 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Second homes transactions maximum LTV is 85%. 16% DTI <50% guideline max. Originator Reviewer Comment (2019-07-30): Rec'd exception for 90% LTV > maximum 85%.
     07/30/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207341781 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Investment Purchase   C B B B A A C A N/A N/A No
207341781 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -               2 B   GA Investment Purchase   C B B B A A C A N/A N/A No
207341781 [REDACTED]         Credit Property - Appraisal Property Eligibility - Subject and Improvements Guideline Issue:  Property type not allowed per credit guidelines   Property Type of Rural Investment is not eligible per guidelines but meets exception policy based on compensating factors of credit history and residual income. Borrower on this Full documentation loan has a disposable income of $4,167.25. Originator Reviewer Comment (2019-07-17): Rural property not allowed per guidelines for investment property but meets exception policy based on compensating factor.
     07/17/2019 2 B   GA Investment Purchase   C B B B A A C A N/A N/A No
207341781 [REDACTED]         Credit Asset Asset Eligibility Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines   5% seller concessions > 2 % maximum allowed per guidelines for investment property but meets exception policy based on compensating factors of credit history and residual income. Borrower on this Full documentation loan has a disposable income of $4,167.25. Originator Reviewer Comment (2019-07-22): CRE D152
     07/22/2019 2 B   GA Investment Purchase   C B B B A A C A N/A N/A No
207341783 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The amount paid was not month specific.             2 B   MD Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207341783 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MD Second Home Purchase   C B A A B B C A Non QM Non QM No
207341785 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. -       Reviewer Comment (2019-07-25): Account not used for asset qualification; not reflected on Final 1003.
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         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 verification is not supported by bank statements provided.     Reviewer Comment (2019-07-25): Removed on compliance re-run


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
207341785 [REDACTED]         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. Proof of 100% ownership in the business was not provided     Reviewer Comment (2019-07-25): Removed on compliance re-run
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         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. 2 months Bank statement expired were provided for income.     Reviewer Comment (2019-07-25): Removed on compliance re-run


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - No DTI Provided Ability to Repay (Dodd-Frank 2014): No debt to income ratio (or a negative or zero ratio) was provided to demonstrate ability to repay. Bank statement provided do not support bank statement loan requirement income was unable to be calculated     Reviewer Comment (2019-07-25): Removed on compliance re-run


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing 12 months continuous Bank statement for Borrower Business.     Reviewer Comment (2019-07-25): Removed on compliance re-run
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   No verifyable income     Reviewer Comment (2019-07-25): Verified all income and rec'd 12 months business bank statements used for qualifying.  Missing [REDACTED] statement to meet credit document age requirements.  DTI is less than 50%


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   No verifyable income     Reviewer Comment (2019-07-25): Verified income docs provided; Housing ratio meets guidelines.


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor Qualifying Residual income discrepancy.   No verifyable income     Reviewer Comment (2019-07-25): Residual income requirements met.
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Asset Asset Documentation Missing Document: Asset Documentation not provided   Missing signed and dated 4506 or 4506-T year [REDACTED] Borrower and Co-Borrower     Reviewer Comment (2019-08-01): not require on this doc type


Buyer Comment (2019-08-01): 4506 no req'd s/w management on this


Reviewer Comment (2019-07-25): Guidelines do not state that 4506T is not required under business bank statement program; guidelines dated [REDACTED].


Buyer Comment (2019-07-22): This is a Bank Statement Loan no 4506/4506T is req'd
 08/01/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         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. Missing acceptable documentation of Borrower and CoBorrower income.     Reviewer Comment (2019-07-25): Removed on compliance re-run


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing 12 months business bank statements, only personal bank statements for rental properties provided     Reviewer Comment (2019-07-25): Rec'd 12 months business bank statements


Buyer Comment (2019-07-23): Uploaded all Income Information
 07/25/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing [REDACTED] business bank statement for account #[REDACTED]; guidelines require all documentation to be dated within 90 days of closing.  Most recent statement in file used for income qualifying is [REDACTED].     Reviewer Comment (2019-07-31): [REDACTED] [REDACTED] business statement dated[REDACTED] provided.   Most recent 12 months business statements[REDACTED] to[REDACTED] are in file to determine income used to qualify.  DRI based on lower $10,188.00 combined stated income per initial 1003
 07/31/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification that 2 overdrafts in most recent 12 months were reviewed for acceptability; as required by guidelines 19.6     Reviewer Comment (2019-07-31): 1008 Loan transmittal (D0226) provided states UW reviewed NSF's/overdrafts and approved loan
 07/31/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341785 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207341786 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207341786 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ The lender used the [REDACTED] bank statement income data but the document was not included.
The file did not include documentation of ownership percentage.  The business bank statement shows three signers,		     Reviewer Comment (2019-07-31): Personal bank statements were used, ownership not required


Reviewer Comment (2019-07-27): Received [REDACTED] statement dated [REDACTED].  Issue remains EV3 for [REDACTED] statement dated [REDACTED] requested to support $23,749.49 total deposits included in calculation of income
 07/31/2019     1 A   TN Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207341786 [REDACTED]         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 $187.45 exceeds tolerance of $171.20.  Sufficient or excess cure was provided to the borrower at Closing.           07/17/2019   1 A   TN Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
207341786 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The tolerance cure is correct.  The additional $0.20 is due to rounding from the LE to the initial CD.     Reviewer Comment (2019-07-31): Updated input
 07/31/2019     1 A   TN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207341786 [REDACTED]         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 $187.45 exceeds tolerance of $171.00.  Insufficient or no cure was provided to the borrower. The tolerance cure is correct.  The additional $0.20 is due to rounding from the LE to the initial CD.     Reviewer Comment (2019-07-31): Updated input


Reviewer Comment (2019-07-25): [REDACTED] received COC however verifying fee is not a valid change of circumstance. The credit on the final CD is $16.25 however the total increase is $16.45. Please provide corrected CD, LOE, and refund check for the remaining $.20.


Buyer Comment (2019-07-24): I have upld the coc for the increase and that along with the lender credit on the final cd balances.
 07/31/2019     1 A   TN 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 C A Non QM Non QM Yes
207341786 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Loan is a personal bank statement loan, and per guidelines All parties on the banks statements must be on the loan - loan is only in the Name of[REDACTED]     Reviewer Comment (2019-07-31): Other person on bank statement is deceased, received Death Certificate


Reviewer Comment (2019-07-27): Issue remains EV3 for all personal bank statements used to determine income under Bank Statement program are not on loan transaction.  [REDACTED] bank statement are for account held jointly by [REDACTED] (Borrower) and [REDACTED])
 07/31/2019     1 A   TN Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207341787 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD not provided             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207341789 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-07-31): Replacement cost estimator provided.  Documented dwelling coverage is > [REDACTED] estimated replacement cost
 07/31/2019     1 A   FL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
207341789 [REDACTED]         Credit Property - Appraisal Appraisal Adjustments Excessive site value noted on appraisal without appraiser comments to justify -       Reviewer Comment (2019-07-31): Appraiser comments that the land value to total value ratio is typical of the market area subject is located


Buyer Comment (2019-07-30): Report with comments uploaded.


Reviewer Comment (2019-07-27): Excessive site value noted on appraisa
 07/31/2019     1 A   FL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
207341789 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Lender used $[REDACTED] for the appraised value throughout the loan, despite the 1004 showing a higher appraised value.             2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207341796 [REDACTED]         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 $737.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal disclosed HOA $[REDACTED] annually Final CD disclosed $[REDACTED]     Reviewer Comment (2019-07-23): Letter of Explanation & Corrected Closing Disclosure provided
   07/23/2019   2 B   MO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207341796 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MO Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207341796 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Lien(s) negatively impacting title   Missing proof of satisfaction of Judgement $[REDACTED]against CoBorrower.     Reviewer Comment (2019-07-26): Notice of Satisfaction for item #8 of title commitment for [REDACTED] recorded [REDACTED] for $4,174.34 provided (D0187)
 07/26/2019     1 A   MO Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207344916 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207344927 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Investment Purchase   C B C B     C A     No
207344927 [REDACTED]         Credit Guideline General DSCR is less than 90%. - DSCR:  ___ Lender exception for Credit Score < 700 for DSCR < 100 - however DSCR is @ 71  Unable to waive with additional down payment as comp factor. 18.89 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-08-02): CRE provided for DSCR < 1.00 with a 695 score


Reviewer Comment (2019-07-30): Received a revised CRE for 696 FICO < 700 minimum and 0.71 DSCR is less than 90%.  Revised CRE reflects LTV removed as a compensating factor but now reflects credit score as a compensating to offset EV3 for 696 FICO < 700 minimum as well as 0.71 DSCR is less than 90%.


Reviewer Comment (2019-07-27): DSCR < 1.00 - ≥ .80 requires minimum 700 score, max LTV 75%.   0.71 Debt Service Coverage Ratio, 695 FICO does not support approved 75% LTV.   CRE received with LTV as compensating factor.    Issue remains EV3 for CRE with only verified compensating factors. Issue remains EV3 for 0.71 DSCR is less than 90%
     08/02/2019 2 B   NC Investment Purchase   C B C B     C A     No
207344927 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Credit score is less than program requirements.  Exception made to allow DSCR to be less than 1.00 with a 695 FICO score. Compensating factor of additional down payment is erroneous with mandatory LTV of 75% 18.89 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-08-02): CRE provided for DSCR < 1.00 with a 695 score


Buyer Comment (2019-07-31): Please review corrected CRE


Reviewer Comment (2019-07-30): Received a revised CRE for 696 FICO < 700 minimum and 0.71 DSCR is less than 90%.  Revised CRE reflects LTV removed as a compensating factor but now reflects credit score as a compensating to offset EV3 for 696 FICO < 700 minimum as well as 0.71 DSCR is less than 90%.


Buyer Comment (2019-07-29): LTV changed to credit. Please waive.


Reviewer Comment (2019-07-27): DSCR < 1.00 - ≥ .80 requires minimum 700 score, max LTV 75%.   0.71 Debt Service Coverage Ratio, 695 FICO does not support approved 75% LTV.   CRE received with LTV as compensating factor.    Issue remains EV3 for CRE with only verified compensating factors. Issue remains EV3 for 696 FICO < 700 minimum required.
     08/02/2019 2 B   NC Investment Purchase   C B C B     C A     No
207344929 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided   Closing Protection letter missing from loan file.     Reviewer Comment (2019-08-02): Rec'd CPL for subject property in trailing docs.
 08/02/2019     1 A   CA Investment Refinance - Rate/Term   C B C B     C A     No
207344929 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Rate/Term   C B C B     C A     No
207344929 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1061 < 1200 required 727 representative FICO score > 660 guideline minimum

100.63 months reserves > 91 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-07-31): CRE provided for 1,061 square footage < 1,200 minimum required


Reviewer Comment (2019-07-27): Loan file under review.


Buyer Comment (2019-07-24): please note the sq footage is 1465
     07/31/2019 2 B   CA Investment Refinance - Rate/Term   C B C B     C A     No
207344931 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-08-05): CPL provided
 08/05/2019     1 A   TN Investment Refinance - Cash-out - Other   C A C A     B A     No
207344931 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TN Investment Refinance - Cash-out - Other   C A C A     B A     No
207344935 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C B C B     C A     No
207344935 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 911 < 1200 required 787 representative FICO score > 660 guideline minimum

47.06 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-08-05): CRE provided for 911 square footage < 1,200 minimum required
     08/05/2019 2 B   CA Investment Purchase   C B C B     C A     No
207344936 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   NC Investment Refinance - Cash-out - Other   C A A A     C A     No
207362850 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement not met.  Exception approved by [REDACTED] l [REDACTED].  Compensating Factors: Credit History and Residual Income. Guideline variance approved by lender at time of origination.  Zero late payments back to [REDACTED].

Borrower on this 12 month business bank statement alternative documentation loan has a disposable income of $3,888.03.  Borrower has disposable income $2,388.03 > $1,500 program minimum, more than double required.		 Originator

Originator		 Reviewer Comment (2019-07-25): CRE D184
     07/25/2019 2 B   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Vesting on deed:  [REDACTED]
Vesting on security instrument:   [REDACTED]		     Reviewer Comment (2019-07-29): Vesting matches


Buyer Comment (2019-07-26): CT does not put marital status on title
 07/29/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Updated usability for business funds to 0% per section 19.3 of Portfolio Program Guidelines  [REDACTED] for Portfolio Select - business funds are not eligible.  Deducted $ [REDACTED]  un-sourced large deposit into acct ending  [REDACTED] .  Lender used 100% of business account and included large deposit without source documentation. --Updated Documented qualifying Assets for Closing of  $ [REDACTED]  is less than Cash From Borrower $ [REDACTED] .     Reviewer Comment (2019-07-31): updated with corrected guidelines


Reviewer Comment (2019-07-30): Guidelines for [REDACTED] reflect conflicting information, email sent to client


Buyer Comment (2019-07-26): 3.4 Business Assets
Funds from the Borrower's business checking and savings accounts may be used for down payment, closing costs and reserves if:
• The borrower is the sole proprietor or 100% owner of the business (A business not owned solely by the Borrower may be considered on a case-by-case basis.)
 07/31/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of existence of business for borrower's business dated within 10 days of note date was not provided.     Reviewer Comment (2019-07-29): Rec'd third party verification of the business in trailing docs.
 07/29/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Fraud report evidences a potential match (full name match identified) for co-borrower.  Documentation to clear the potential match as not same person was not provided.- coborrower aka matches Watch List Results.     Reviewer Comment (2019-07-31): Addressed on 1008
 07/31/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Borrower's existing rental is a condo.  Final 1003 evidences $ [REDACTED]  in HOA dues included in the DTI.  Verification of HOA dues for this property was not provided.     Reviewer Comment (2019-07-29): Rec'd HOA verification in trailing docs.
 07/29/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362850 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing page 4 of 4 for  [REDACTED] Checking acct ending  [REDACTED] .     Reviewer Comment (2019-07-29): Rec'd missing page of bank statement in trailing docs.
 07/29/2019     1 A   CT Primary Purchase   C B C B A A A A Non QM Non QM No
207362853 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (No evidence that borrower received copies of all documents signed at closing) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   No evidence that borrower(s) received copies of all documents signed at time of closing.       Reviewer Comment (2019-07-30): Rec'd disclosure.
 07/30/2019     1 A   TX Primary Refinance - Cash-out - Other Either Deliver the required documents to the borrower or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B A A Non QM Non QM Yes
207362853 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final CD reported homeowner's insurance under prepaids in the amount of $[REDACTED] ($[REDACTED] per month) versus monthly calculation of $[REDACTED].             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207362853 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   14.25 months reserves > 4 months guideline minimum.

Borrower has employment stability for 11 years.		 Originator

Originator		 Reviewer Comment (2019-07-30): Rec'd exception for credit score < program requirements.
     07/30/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207362857 [REDACTED]         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. Appraisal Management company provided an appraisal copy to borrower on [REDACTED]. Appraisal copy with a [REDACTED] issue date not provided.             2 B   FL Investment Purchase   C B C A B B A A N/A N/A No
207362857 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Mortgage statement not provided for Co-Borrower's primary residence.     Reviewer Comment (2019-08-01): Mortgage statement provided documents a $1,989.78 PITI payment amount
 08/01/2019     1 A   FL Investment Purchase   C B C A B B A A N/A N/A No
207362862 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   No closing disclosure in file to associate with the [REDACTED] Change of circumstance.     Reviewer Comment (2019-07-30): Rec'd[REDACTED].
 07/30/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362862 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title Commitment shows property in the name of [REDACTED]., unsigned deed/incomplete deed in file. No articles of organization in file establishing the applicants are sole owners of [REDACTED] transferring into [REDACTED] names.     Reviewer Comment (2019-07-30): Received final title and it matches Mortgage
 07/30/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362862 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-07-30): Rec'd final title.
 07/30/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362862 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362862 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Based on the final 1003, the property located at [REDACTED] was not included in the neg rent figure to be included in the DTI. The borrower provided a letter stating the property is being sold.     Reviewer Comment (2019-07-30): Rec'd evidence property was sold prior to the subject transaction closing.


Buyer Comment (2019-07-29): The property sold on [REDACTED] and our loan closed on [REDACTED] so the finding is incorrect


Buyer Comment (2019-07-27): Property is being sold and not included as DTI.
 07/30/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362862 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Cash out exceeds $[REDACTED] maximum for 75% LTV. Compensating Factors cited: 1) Credit History and 2) Stable Employment History. Stable Employment History - Borrower has employment stability for 29 years as a [REDACTED] and [REDACTED] with the [REDACTED] in [REDACTED] and Co-Borrower has been in [REDACTED] with the same company for 32 years.

Credit History - Borrowers have 0x30  their primary residence mortgage payments and two other credit/installment accounts for the past 24 months.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-25): CRE D184
     07/25/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Final CD provided


Reviewer Comment (2019-07-30): The issue is the CD has an issue date of [REDACTED] and closing occurred on [REDACTED] (confirmed from notarized security instrument).  As a result, the CD with an issue date is actually a Post Close CD rather than a Final CD.  [REDACTED] is unable to test the CD that was issued on [REDACTED] as the Final CD since closing occurred on [REDACTED].  The Corrected PC-CD was provided still need LOE to borrower, re-open recession and proof of delivery.


Buyer Comment (2019-07-29): Please explain to me where this should be marked on the Final CD
 08/12/2019     1 A   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-07-30): Corrected Closing Disclosure provided that is signed by the borrower document provided prior to [REDACTED] review.
   07/30/2019   1 A   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate Initial Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual toatal payment for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Recession not required to be re-opened as Final CD matched IEAD.
   08/12/2019   2 B   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Final CD provided


Reviewer Comment (2019-08-05): The Security Instrument was notarized on [REDACTED] and signed by the borrower on the same day [REDACTED].  As a result [REDACTED] would be used as the closing date.  [REDACTED] has an Initial CD issued [REDACTED] which is being treated as the Final CD since the [REDACTED] CD was issued after closing and being treated as a Post Close CD.


Buyer Comment (2019-08-02): Please elaborate on this condition.  What does "unable to mark Final CD as "Use for Cash to Close" mean?
 08/12/2019     1 A   CA Primary Refinance - Cash-out - Other 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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Loan Amount TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] disclosed a Loan Amount that does not match the actual loan amount for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Recession not required to be re-opened as Final CD matched IEAD.
   08/12/2019   1 A   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-05): Letter of Explanation  and Corrected CD provided.  Confirmed PAD fee not charged to the borrower thus no cure check required.


Reviewer Comment (2019-07-30): [REDACTED] received Final Settlement Statement that confirms the borrower was not charged a PAD fee.  Please provide LOE to borrower to cure.  The Security Instrument was notarized on [REDACTED] and the CD has an issue date of [REDACTED] thus the CD is being treated as a Post Close CD.  Post Close CD in the file removed the PAD fee.


Buyer Comment (2019-07-29): Pad Fee was not used.
   08/05/2019   2 B   CA Primary Refinance - Cash-out - Other Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B A A Non QM Non QM Yes
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Principal and Interest TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] disclosed a Principal and Interest Payment that does not match the actual payment for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Final CD provided


Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable,  The CD issued [REDACTED] provided has the correct figures.  Still need Letter of Explanation as this was a post close cd
 08/12/2019     1 A   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Recession not required to be re-opened as Final CD matched IEAD.


Buyer Comment (2019-08-09): Per Compliance: CA is a dry state. Recording fees went down. Payoff went down btwn the closing cd and final cd. the recording fee went down but the other fees stayed the same. So, there is no reason for us to open rescission on this again. we still have the same fees on pg 5 of the cd all that changed was the payoff and the recording which is common in a dry state.


Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable,  The CD issued [REDACTED] provided has the correct figures.  Still need Letter of Explanation as this was a post close cd
   08/12/2019   2 B   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
207362863 [REDACTED]         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 [REDACTED] 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. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-07-30): Corrected Closing Disclosure signed by borrower provided
   07/30/2019   2 B   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Loan Amount TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [REDACTED] disclosed a Loan Amount that does not match the actual loan amount for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-07-30): Corrected Closing Disclosure signed by borrower provided
   07/30/2019   2 B   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-07-30): Corrected Closing Disclosure signed by borrower provided
   07/30/2019   2 B   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
207362863 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total of Payments that does not match the actual total of payments for the loan. Unable to mark Final CD issued [REDACTED] as "Use for Cash to close"/Mark as use for Final CD     Reviewer Comment (2019-08-12): Final CD provided


Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Refund check for under disclosed equivalent amount, Corrected CD, and Re-open Rescission required to cure.  The CD issued [REDACTED] is a post close cd.
 08/12/2019     1 A   CA Primary Refinance - Cash-out - Other 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
207362863 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Security instrument reflects [REDACTED] and [REDACTED], wife and husband. Title reflects [REDACTED], a single woman. It does not appear a Deed was recorded at closing changing the vesting.     Reviewer Comment (2019-08-01): Grant Deed provided conveying title from [REDACTED], a single woman to [REDACTED] and [REDACTED], Wife and Husband (executed[REDACTED])
 08/01/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207362863 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Lender qualified borrower based on old hazard insurance premium of $[REDACTED] annually. Borrowers purchased a new policy with an annual premium of $[REDACTED] causing the housing ratio to exceed the 40% maximum. 11.37 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $3,364.21		 Originator

Originator		 Reviewer Comment (2019-08-19): CRE received for housing DTI > 40% maximum


Buyer Comment (2019-08-19): Please review CRE


Reviewer Comment (2019-08-14): Need exception approval for Housing DTI > 40%


Buyer Comment (2019-08-13): Per UW: A new dec was uploaded on [REDACTED], my final approval doc was created [REDACTED]. I was unaware of new insurance obtained. If I need to create an exception for an issue unknown to me at time of approval, please advise.
     08/19/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207362863 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD increase in points.  COC dated [REDACTED] states "Broker Increase" explanation provided does not justify fee increase in points.  Further explanation required or cure due to borrower.     Reviewer Comment (2019-08-14): COC  - loan amount increase


Buyer Comment (2019-08-13): This is the same condition as an open 3 on this same file.  Please explain.
 08/14/2019     1 A   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
207362863 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Final CD increase in points.  COC dated [REDACTED] states "Broker Increase" explanation provided does not justify fee increase in points.  Further explanation required or cure due to borrower.     Reviewer Comment (2019-08-14): COC  - loan amount increase


Buyer Comment (2019-08-13): Per Compliance: We charged .50% and it stayed the same throughout the loan.  Please review the LE's and the CD's and it's shown that the Discount Points are .50% throughout the loan. Please waive.
 08/14/2019     1 A   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
207362863 [REDACTED]         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 CD reflects $[REDACTED] for escrow per month.  IEAD signed at closing shows $[REDACTED] per month             2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM Yes
207362868 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207362869 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-09-12): Received CDA


Reviewer Comment (2019-08-02): A duplicate copy of AVM dated[REDACTED] was provided. Differential of 19.5234% between [REDACTED] Appraisal value and [REDACTED] AVM value, Exception remains for Desk Review.
 09/12/2019     1 A   SC Investment Refinance - Cash-out - Other   C B A A     C B     No
207362869 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.         Reviewer Comment (2019-10-18): To remain EV2.
       2 B   SC Investment Refinance - Cash-out - Other   C B A A     C B     No
207362870 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Investment Purchase   C A A A     C A     No
207362873 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OR Investment Refinance - Cash-out - Other   C B B B     C A     No
207362873 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___.   LTV @ 47 < 75% max, FICO @ 711 > 660 required Originator Pre-Close Reviewer Comment (2019-07-30): CRE D003
     07/30/2019 2 B   OR Investment Refinance - Cash-out - Other   C B B B     C A     No
207362883 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MS Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207362883 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - REO: [REDACTED] missing property tax verification.     Reviewer Comment (2019-07-18): Tax Verification provided
 07/18/2019     1 A   MS Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207362883 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. 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   MS Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207362883 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Valuation:   Missing secondary appraisal product as required for loan amounts > $[REDACTED] Residual income on an alt doc loan $17,705. Originator Pre-Close Reviewer Comment (2019-07-15): CRE D002
     07/15/2019 2 B   MS Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207362884 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207362884 [REDACTED]         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.               2 B   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207362884 [REDACTED]         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 [REDACTED] which is 1 months prior to consummation. A lookback was performed to determine this application date.  The final date used for testing was [REDACTED].       Reviewer Comment (2019-07-18): 1003 was in file
 07/18/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207362884 [REDACTED]         Compliance Compliance Federal Compliance NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date.       Reviewer Comment (2019-07-18): 1003 was in file


Buyer Comment (2019-07-16): Please advise as to what evidence is missing in regards to the initial loan application date. (Initial 1003 is dated[REDACTED]). Thanks
 07/18/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207362884 [REDACTED]         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. Evidence of Creditor Application Date not found, thus, timing of disclosure cannot be confirmed.     Reviewer Comment (2019-07-18): 1003 was in file
 07/18/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207363144 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for 1x30 mortgage late within 24 months.  Compensating factors: Credit score is  [REDACTED]  & repeat borrower/investment experience Compensating factors: Credit score is 744 & repeat borrower/investment experience Originator Pre-Close Reviewer Comment (2019-07-30): CRE D002
     07/30/2019 2 B   NC Investment Purchase   B B B B     A A     No
207379526 [REDACTED]         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 [REDACTED] [REDACTED]  disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Increase in appraisal fee was not properly disclosed.  A valid change of circumstance was not documented in file.  No cure found on final CD.     Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   07/30/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207379526 [REDACTED]         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 $550.00 exceeds tolerance of $425.00.  Insufficient or no cure was provided to the borrower. Increase in appraisal fee was not properly disclosed.  A valid change of circumstance was not documented in file.  No cure found on final CD.     Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-07-22): Appraisal Fee was previously disclosed to the borrower at $425.  Cure do to borrower or valid change of circumstance required to cure. [REDACTED] acknowledges fee was $550 on the [REDACTED].  Need valid reason for fee increase or cure is required.


Buyer Comment (2019-07-19): Please see Disclosure tracking (page 5 of 600 of the loan file) showing LE issued/sent [REDACTED] and see pages 23-25 of 600 of LE issued [REDACTED] reflecting appraisal fee of $550. Please advise.  Thanks
   07/30/2019   2 B   TX 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
207379526 [REDACTED]         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 $550.00 exceeds tolerance of $425.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-07-30): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   07/30/2019   2 B   TX Primary Purchase   C B A A C B A A Non QM Non QM Yes
207379528 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure [REDACTED] 12:00:00 AM was received.       Reviewer Comment (2019-07-18): [REDACTED] reviewed disclosure tracking indicating the LE was received [REDACTED]. Exception Cleared.
 07/18/2019     1 A   CO Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207379528 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [REDACTED] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. Closing Disclosure reflects change from ($xxxx.xx) to ($xxxx.xx), however Did this Change is answered No.  This violation is not curable.             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207379528 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Change - Funds For Borrower TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether there was a change in the Funds for Borrower. Closing Disclosure reflects change from $[REDACTED] to $[REDACTED], however Did this Change is answered No.  This violation is not curable.             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207379528 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-07-18): [REDACTED] reviewed disclosure tracking indicating the LE was received [REDACTED]. Exception Cleared.


Buyer Comment (2019-07-17): Please see disclosure tracking; borrower received [REDACTED]; loan closed [REDACTED]; please see disclosure tracking
 07/18/2019     1 A   CO Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207379528 [REDACTED]         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. Verification of appraisal delivery and receipt by borrower not provided     Reviewer Comment (2019-07-26): Receipt of appraisal documented (D0252)
 07/26/2019     1 A   CO Primary Purchase   C B A A C B A A Non QM Non QM No
207379528 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.18130% or Final Disclosure APR of 6.18600% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Rerun
 07/26/2019     1 A   CO Primary Purchase   C B A A C B A A Non QM Non QM No
207379528 [REDACTED]         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. Verification of appraisal delivery and receipt by borrower not provided     Reviewer Comment (2019-07-26): Receipt of appraisal documented (D0252)


Buyer Comment (2019-07-23): AIR Cert
 07/26/2019     1 A   CO Primary Purchase   C B A A C B A A Non QM Non QM No
207379528 [REDACTED]         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. Lender cure was $80 accommodating the amount exceeding the tolerance limit         07/16/2019   1 A   CO Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207387031 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   The final loan application lists an asset account with the [REDACTED], with a balance of $[REDACTED].  Unable to locate the asset statements or a verification of deposit.     Reviewer Comment (2019-07-25): [REDACTED] statement dated[REDACTED] provided documenting $65,004.23 account balance
 07/25/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207387031 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207387031 [REDACTED]         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 $726.00 on Final Closing Disclosure provided on [REDACTED] not accurate. The annual homeowners association fee is $695.00.  The closing disclosure lists an amount of $726.00.     Reviewer Comment (2019-07-23): [REDACTED] received portion of purchase agreement indicating HOA dues of $726/year. Exception Cleared.


Buyer Comment (2019-07-22): See sales agreement
 07/23/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207387031 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The lender did not provide a valid change in circumstance or a cure amount for exceeding fee tolerance.     Reviewer Comment (2019-07-19): 10% tolerance is a total of all fee increases in the 10% category.  Lender's title was disclosed properly on LE, no tolerance violation exists.
 07/19/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207387031 [REDACTED]         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. The lender provided documentation reflects an appraisal received date of [REDACTED].  The appraisal report date is [REDACTED].             2 B   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207387031 [REDACTED]         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 $1,987.00 exceeds tolerance of $150.00 plus 10% or $165.00.  Insufficient or no cure was provided to the borrower. The lender did not provide a valid change in circumstance or a cure amount for exceeding fee tolerance.     Reviewer Comment (2019-07-19): 10% tolerance is a total of all fee increases in the 10% category.  Lender's title was disclosed properly on LE, no tolerance violation exists.


Buyer Comment (2019-07-18): I am unable to locate a fee amount of $1,987.00; pls advise. Thanks
 07/19/2019     1 A   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 A C B C A Non QM Non QM Yes
207389367 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   TX Investment Refinance - Cash-out - Other   C B B B     C A     No
207389367 [REDACTED]         Credit Credit Credit Documentation Borrower does not own current residence and thus casts doubt on business purpose of loan.     64 months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-07-31): CRE D002
     07/31/2019 2 B   TX Investment Refinance - Cash-out - Other   C B B B     C A     No
207389385 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-01): [REDACTED] received PCCD correcting non escrowed property costs over 1 year and LOE. Exception Cured.
   08/01/2019   2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207389385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for homeowner's insurance under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose the number of months for homeowner's insurance under Prepaids.             2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207389385 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose the number of months for Flood insurance under Prepaids.             2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207389385 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Representative FICO score of[REDACTED] is less than Guideline representative FICO score of 660,but meets the exception policy based on compensating factors of $[REDACTED] Residual Income, and Housing Payment Decrease of $[REDACTED]. Lender Exception approval in file is not signed or dated per Job Notes requirement. Borrower on this Bank Statement documentation loan has a disposable income of $11,186.87 > $1,500.00 minimum

Housing payment decreased -$262.45 (4.27890%)		 Originator

Originator		 Reviewer Comment (2019-08-05): CRE provided for 653 credit score < 680 Portfolio Select 12 months Business Bank Statements.
     08/05/2019 2 B   FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207389385 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves does not meet 4 months. Lender exception approval in file but not signed and dated per Job Notes requirement.     Reviewer Comment (2019-07-31): updated based on corrected guidelines
 07/31/2019     1 A   FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207389385 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Insufficient funds for closing due to Business Assets are not eligible for Closing funds, down payment and or reserves under the Portfolio Select bank statement program guidelines dated [REDACTED].     Reviewer Comment (2019-07-31): Updated with corrected guidelines
 07/31/2019     1 A   FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207389385 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. 88.87% > 85% with [REDACTED] credit score Borrower on this Bank Statement documentation loan has a disposable income of $11,186.87 > $1,500.00 minimum

Housing payment decreased -$262.45 (4.27890%)		 Originator

Originator		 Reviewer Comment (2019-08-05): CRE provided for 88.87% LTV > 85% maximum with a 653 credit score
     08/05/2019 2 B   FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207389385 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. 88.87% > 85% with [REDACTED] credit score Borrower on this Bank Statement documentation loan has a disposable income of $11,186.87 > $1,500.00 minimum

Housing payment decreased -$262.45 (4.27890%)		 Originator

Originator		 Reviewer Comment (2019-08-05): CRE provided for 88.87% CLTV > 85% maximum with a 653 credit score
     08/05/2019 2 B   FL Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207389387 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   WY Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389387 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ or evidence borrower has been self employed 2 years. 50+ months of reserves Originator Reviewer Comment (2019-08-07): Exception approval for missing 2 years of [REDACTED]
     08/07/2019 2 B   WY Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389387 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. No change in circumstance was not provided     Reviewer Comment (2019-08-05): Minimum index from look back period used for testing, instead of consummation date index.


Buyer Comment (2019-08-02): Per Compliance: Their figures match our figures and what was signed.  I do not understand the exception as the below figures were on the Closing CD and match Encompass and [REDACTED]'s figures.
 08/05/2019     1 A   WY 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 A C A Non QM Non QM Yes
207389387 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. No change in circumstance was not provided     Reviewer Comment (2019-08-05): Minimum index from look back period used for testing, instead of consummation date index.


Buyer Comment (2019-08-02): Per Compliance: Their figures match our figures and what was signed.  I do not understand the exception as the below figures were on the Closing CD and match Encompass and [REDACTED]'s figures.
 08/05/2019     1 A   WY Primary Refinance - Cash-out - Other 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 A C A Non QM Non QM Yes
207389387 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. No change in circumstance was not provided     Reviewer Comment (2019-08-05): Minimum index from look back period used for testing, instead of consummation date index.
 08/05/2019     1 A   WY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207389387 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total of Payments that does not match the actual total of payments for the loan. No change in circumstance was not provided     Reviewer Comment (2019-08-05): Minimum index from look back period used for testing, instead of consummation date index.


Buyer Comment (2019-08-02): Per Compliance: Their figures match our figures and what was signed.  I do not understand the exception as the below figures were on the Closing CD and match Encompass and [REDACTED]'s figures.
 08/05/2019     1 A   WY Primary Refinance - Cash-out - Other 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 A C A Non QM Non QM Yes
207389387 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   50+ months of reserves Originator Reviewer Comment (2019-08-07): Exception approval for payment shock
     08/07/2019 2 B   WY Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389389 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207389389 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___
___		 Missing [REDACTED] P&L and YTD P&L for borrower
Missing [REDACTED] P&L and YTD P&L for Coborrower		 45.61404% LTV

22 months of reserves		 Originator

Originator		 Reviewer Comment (2019-08-20): Exception approval for no P&L


Reviewer Comment (2019-08-12): Rec'd exception approval for YTD P&L; exception is for missing YTD P&L and [REDACTED] for each borrower. Exception remains EV3.
     08/20/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207389389 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Borrowers provided an extension for their [REDACTED] returns. This cannot be cleared, it is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.  Client may elect to waive.             2 B   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207389389 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Borrowers provided an extension for their [REDACTED] returns.  This cannot be cleared, it is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.  Client may elect to waive.             2 B   CA Primary Refinance - Cash-out - Other   C B C B B B B A Non QM Non QM No
207389400 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. The lender used the appraisal value, $[REDACTED], from the original appraisal at time of purchase.
Sales price [REDACTED]$[REDACTED], appraisal [REDACTED] $[REDACTED]and appraisal [REDACTED] $[REDACTED].		             2 B   GA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207389400 [REDACTED]         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 State of GA - no notary date used.             2 B   GA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
207389405 [REDACTED]         Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator NMLS information on documents does not match NMLS website Truth in Lending Act (NMLSR Dodd- Frank 2014): Individual Loan Originator NMLSR information on loan documents does not match NMLSR. NMLS lookup reflects ID # [REDACTED]  does not belong to LO reflected on Application, Note and Mortgage  however, reflects NMLS ID#  [REDACTED]  for LO.     Reviewer Comment (2019-08-14): Corrected Final 1003 and Note provided (D0203 and D0202)
 08/14/2019     1 A   ME Second Home Purchase   C A A A C A A A Non QM Non QM Yes
207389405 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/19/2019   1 A   ME Second Home Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207389414 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Lacking confirmation of ownership.     Reviewer Comment (2019-08-08): guidelines allow for any point post closing


Reviewer Comment (2019-08-07): Documentation provided (D0185 and D0186)  is not dated within 10 days of closing as requested.


Buyer Comment (2019-08-02): please note borrower is the only one listed as agent on sos and aoc


Reviewer Comment (2019-08-02): Issue remains EV3 for missing proof of [REDACTED] dated within 10 days of closing for [REDACTED] owned by Borrower under approved Business Bank Statement program


Buyer Comment (2019-07-31): this is only required for business bank statement loans. they just must be [REDACTED]. also the are the only listed agent on the SOS and AOC.

thanks.
 08/08/2019     1 A   SC Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
207389419 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. Exact cure of $ [REDACTED]  provided at closing.         07/24/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207389425 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   MS Primary Purchase   C B A A C B C A Non QM Non QM No
207389425 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD not provided             2 B   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207389425 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $350.00     Reviewer Comment (2019-08-07): Tolerance exceptions are addressed. Exception Cleared.
 08/07/2019     1 A   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207389425 [REDACTED]         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 $925.00 exceeds tolerance of $700.00.  Insufficient or no cure was provided to the borrower. Cost to cure $225.00 due Borrower. Fee increase was not disclosed with valid change in circumstance.     Reviewer Comment (2019-08-07): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 08/07/2019     1 A   MS 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
207389425 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $125.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-07-31): [REDACTED] reviewed exception. Fee is outsourced by chosen provider. Exception Cleared.
 07/31/2019     1 A   MS 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
207389425 [REDACTED]         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 $925.00 exceeds tolerance of $700.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-08-07): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   08/07/2019   2 B   MS Primary Purchase   C B A A C B C A Non QM Non QM Yes
207389426 [REDACTED]         Compliance Compliance State Compliance Alabama Late Charge Percent and Amount Testing Note late charge exceeds maximum per state.               2 B   AL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207389426 [REDACTED]         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 $900.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/22/2019   1 A   AL Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207389426 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   City for subject property on note:  [REDACTED]
City for subject property on hazard:  [REDACTED]		     Reviewer Comment (2019-08-21): Hazard Declaration provided reflects insured subject cit as [REDACTED]
 08/21/2019     1 A   AL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207389426 [REDACTED]         Credit System General Flood Certificate Subject Address does not match Note address.   City for subject property on note:  [REDACTED]
City for subject property on flood cert:  [REDACTED]		     Reviewer Comment (2019-08-06): Flood Certificate provided reflect subject property as per Note
 08/06/2019     1 A   AL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207389426 [REDACTED]         Credit System General Valuation address does not match Note address. - City for subject property on note:  [REDACTED]
City for subject property on 1st appraisal:  [REDACTED]		     Reviewer Comment (2019-10-09): Rec'd [REDACTED] search showing alternate city names acceptable; exception cleared.
 10/09/2019     1 A   AL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207389426 [REDACTED]         Credit System General Valuation address does not match Note address. - City for subject property on note:  [REDACTED]
City for subject property on 2nd appraisal:  [REDACTED]		     Reviewer Comment (2019-10-09): Rec'd [REDACTED] search showing alternate city names acceptable; exception cleared.
 10/09/2019     1 A   AL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207389426 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Sufficient cure was provided for the appraisal fee, however, no cure or valid CIC was provided.     Reviewer Comment (2019-08-02): Attestation provided - Fee further outsourced by borrower chosen provider and $150.00 cure provided to borrower at closing
 08/02/2019     1 A   AL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207389426 [REDACTED]         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 $900.00 exceeds tolerance of $750.00.  Insufficient or no cure was provided to the borrower. $150 cure was provided on the final. CD.     Reviewer Comment (2019-08-02): $150.00 cure provided to borrower at closing
 08/02/2019     1 A   AL 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
207389426 [REDACTED]         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 $210.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee is not paid to the same provider as other fees listed on the initial LE, therefore, not counting as 10% tolerance.  No valid CIC or cure provided.     Reviewer Comment (2019-08-02): Attestation provided - Fee further outsourced by borrower chosen provider
 08/02/2019     1 A   AL 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
207389430 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207389433 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Prepaid amount for homeowner's insurance not consistent with monthly amount based on insurance premium.             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207389433 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months for property taxes under Prepaids on the final CD is blank.             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207389433 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Title - Municipal Lien was not disclosed on the initial LE, paid to the same provider as other fees disclosed on the initial LE, a valid CIC was not provided, and no cure was provided.     Reviewer Comment (2019-07-30): attestation provided - fees further outsourced by borrower chosen provider
 07/30/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207389433 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC).  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Municipal Lien was not disclosed on the initial LE, paid to the same provider as other fees disclosed on the initial LE, a valid CIC was not provided, and no cure was provided.     Reviewer Comment (2019-07-30): attestation provided - fees further outsourced by borrower chosen provider
 07/30/2019     1 A   TX 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
207389434 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing CPA letter, operating agreement or equivalent to verify percent of ownership of [REDACTED].     Reviewer Comment (2019-07-30): All business entity documents only reflect borrower, ok to clear


Buyer Comment (2019-07-29): third party was done on [REDACTED] and loan closed on [REDACTED]. Also please note he is the only agent listed which would prove he is the owner
 07/30/2019     1 A   TX Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207389434 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing third party verification of self-employment [REDACTED] dated within 10 days of closing.     Reviewer Comment (2019-08-01): [REDACTED] verification dated[REDACTED] provided
 08/01/2019     1 A   TX Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207389434 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD does not reflect an amount by which total closing costs exceeded the legal limit.     Reviewer Comment (2019-07-30): Fees further outsourced by borrower chosen provider - no tolerance
 07/30/2019     1 A   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207389434 [REDACTED]         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 $75.78 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE.  No valid changed circumstance provided and no cure provided.     Reviewer Comment (2019-07-30): Fees further outsourced by borrower chosen provider - no tolerance
 07/30/2019     1 A   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 A C B A A Non QM Non QM Yes
207389434 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE.  No valid changed circumstance provided and no cure provided.     Reviewer Comment (2019-07-30): Fees further outsourced by borrower chosen provider - no tolerance
 07/30/2019     1 A   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 A C B A A Non QM Non QM Yes
207389434 [REDACTED]         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. Valuation was provided to the borrower on the effective date of the valuation, not the date the report was signed.             2 B   TX Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207389435 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Seller paid property tax. CD left blank when it should be 13.76months             2 B   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207389435 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MD Primary Purchase   C B C A B B C A Non QM Non QM No
207389435 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing explanation for credit inquiries within 90 days of credit report date.     Reviewer Comment (2019-08-19): Inquiries are submitting and [REDACTED].    [REDACTED] [REDACTED] inquiry resulted in [REDACTED] $38,299.00 auto loan opened [REDACTED] per [REDACTED] credit report


Reviewer Comment (2019-08-01): disregarding upload as requested


Buyer Comment (2019-07-30): Please disregard upload.
 08/19/2019     1 A   MD Primary Purchase   C B C A B B C A Non QM Non QM No
207389438 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for credit inquiries within 90 days of report date was not provided.     Reviewer Comment (2019-08-02): Rec'd screenshot of Broker credit pull on [REDACTED]; exception cleared.  LOE is not required.


Buyer Comment (2019-07-31): Broker pulled credit on [REDACTED] and uploaded is proof with screenshots of information
 08/02/2019     1 A   AL Primary Purchase   C A C A A A C A Non QM Non QM No
207389438 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   AL Primary Purchase   C A C A A A C A Non QM Non QM No
207389439 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-14): per letter received from insurance company coverage is max based on home


Buyer Comment (2019-08-14): plz note the policy says 150 replacement cost and it is not in our guidelines that it has to read "Guaranteed"

thanks


Reviewer Comment (2019-08-06): Rec'd Insurance company email indicating policy is replacement cost policy with coverage of [REDACTED] and extended coverage increasing total coverage to [REDACTED].  Coverage shortfall is $30,500.00 and replacement cost estimate was not provided.  Exception remains.
 08/14/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Loan amount increased prior to closing. Title policy not provided to confirm coverage increased to new loan amount.     Reviewer Comment (2019-08-06): Rec'd Final Title policy in trailing docs.
 08/06/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-06): Rec'd Final Title policy in trailing docs.
 08/06/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Closing Disclosure not provided to borrowers at least three business days prior to consummation.     Reviewer Comment (2019-07-30): Evidence of earlier receipt provided.
 07/30/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-08-06): Rec'd VVOE for each borrower dated [REDACTED] in trailing docs.
 08/06/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Credit Guideline Guideline Issue Chapter 7, 11, and/or 13 bankruptcy was not discharged or dismissed 2 years prior to the closing date.   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Chapter 13 Bankruptcy filed less than 24 months prior to the application date. Exception to allow seasoning less than 24 months based on compensating  factors of LTV ratio, residual income and stable employment history. LTV - 61.22% LTV is less than 70% guideline maximum.

Residual Income - Borrowers have a disposable income of $8,489.51 on this Non-Prime full documentation loan, exceeding the $1,500 minimum.

Stable Employment History - Borrower has over 10 years with the same employer as a [REDACTED] and the Co-borrower  has over 5 years with the same employer as a Store [REDACTED].		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-07-29): CRE D232


Reviewer Comment (2019-07-23): Program exception granted for Chapter 13 Bankruptcy discharge less than 24 month seasoning supported by listed compensating factors.
     07/29/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389439 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing[REDACTED] tax transcripts for Co-borrower.     Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207389442 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   GA Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
207389442 [REDACTED]         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 GA does not use a notary date.             2 B   GA Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
207389443 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   OH Primary Purchase   C A A A A A C A Non QM Non QM No
207461339 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-08-06): CPL provided
 08/06/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A     C A     No
207461339 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A     C A     No
207461340 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   CA Investment Purchase   C A A A     C A     No
207461341 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     B A     No
207461341 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1012 < 1200 required 789 FICO

90+ months of reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-07): Exception approval for square footage
     08/07/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     B A     No
207461348 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   PA Investment Refinance - Cash-out - Other   C B C B     C A     No
207461348 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1152 < 1200 required. 779 representative FICO score Originator Reviewer Comment (2019-08-08): Received Credit Risk Summary & Exception Approval.


Reviewer Comment (2019-08-08): Received Credit Risk Summary & Exception Approval. Property sq ft. < minimum allowed. Compensating Factors: 1) Credit Score. 2) Payment Shock.
     08/08/2019 2 B   PA Investment Refinance - Cash-out - Other   C B C B     C A     No
207461350 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   TX Investment Purchase   C A A A     C A     No
207461352 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C B B B     C A     No
207461352 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Housing history requirements not met 0 1X30X24 Credit Score 712 > 660 required, LTV 65% < 75% max Originator Pre-Close Reviewer Comment (2019-08-01): CRE D02
     08/01/2019 2 B   FL Investment Purchase   C B B B     C A     No
207461353 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   TX Investment Purchase   C A A A     C A     No
207488483 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Most recent [REDACTED] tax returns not received             2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207488483 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Paid [REDACTED] hazard policy on CD of $[REDACTED] does not match $[REDACTED] monthly payment used on CD.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207488483 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Refundable pad fee disclosed on final CD     Reviewer Comment (2019-08-13): Letter of Explanation, Proof of Delivery and Corrected CD provided.  Cure check not required as PAD fee was not charged.  Confirmed from Final Settlement.
   08/13/2019   2 B   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B A A Non QM Non QM Yes
207488483 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207488483 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - No YTD[REDACTED]P&L     Reviewer Comment (2019-08-22): P&L not required to be signed; Exception cleared.


Buyer Comment (2019-08-20): P & L's provided; our guides doesn't state they need to be signed.


Reviewer Comment (2019-08-19): Received YTD P&L ([REDACTED] to[REDACTED]) that is within 90 days of[REDACTED] closing.  P&L is not signed by Borrower.  Issue remains EV3 for YTD P&L signed by Borrower.


Buyer Comment (2019-08-15): Per our guides it doesn't state that the P & L's need to be signed 6.42 SE Bwrs for Non Prime it states: Unaudited YTD P&L Statement; it doesn't state signed


Reviewer Comment (2019-08-14): Received YTD P&L ([REDACTED] to[REDACTED]) that is within 90 days of[REDACTED] closing.  P&L is not signed by Borrower.  Issue remains EV3 for YTD P&L signed by Borrower.
 08/22/2019     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207488490 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of HOA dues.     Reviewer Comment (2019-08-05): Rec'd verification of no HOA dues.
 08/05/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
207488490 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided.     Reviewer Comment (2019-08-05): Rec'd verification of no HOA dues.
 08/05/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
207488490 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-20): R&W Eligible per FreddieMac UCDP
 10/20/2019     1 A   CT Primary Purchase   C A C A A A C A Non QM Non QM No
207488491 [REDACTED]         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 [REDACTED] [REDACTED]  disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed $0.00, calculated value $20.00.     Reviewer Comment (2019-08-02): Attestation provided - fee further  outsourced by borrower chosen provider
 08/02/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207488491 [REDACTED]         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 $20.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $20.00 due Borrower. Fee was not disclosed on initial LE by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-02): Attestation provided - fee further  outsourced by borrower chosen provider
 08/02/2019     1 A   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 C A Non QM Non QM Yes
207488491 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided.  Guidelines do not permit Borrower to be living rent free.  LOE dated [REDACTED] states Borrower has been living rent free with parents for 6 months. Borrower on this Full documentation loan has a disposable income of $4,822.45

Borrowers made a down payment of $99,286.40 (20%) from their own funds on this purchase transaction.		 Originator

Originator		 Reviewer Comment (2019-08-09): CRE provided (D0232) for Loan Approval issued to Borrower living rent free (no verified housing history)


Reviewer Comment (2019-08-06): Received CRE that make reference to 1008 comments and exception approval for missing cancelled checks.   Issue remains EV3 for exception: Rent-free not allowed at approved Portfolio Select program and a copy of 1008/Loan Transmittal that contains underwriter's comments.   2 copies of 1008 in file do not have any comments made by UW.
     08/09/2019 2 B   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207488491 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207488494 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   IN Investment Refinance - Cash-out - Other   C C C A B B B C N/A N/A No
207488494 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___
___		 Copy of insurance required     Reviewer Comment (2019-08-07): Received
 08/07/2019     1 A   IN Investment Refinance - Cash-out - Other   C C C A B B B C N/A N/A No
207488494 [REDACTED]         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. There is no documentation in the file showing the initial appraisal was provided to the borrower.  The revised appraisal was delivered to the borrower.             2 B   IN Investment Refinance - Cash-out - Other   C C C A B B B C N/A N/A No
207488496 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207488498 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-06): Document 183 confirms Initial LE also sent [REDACTED]


Buyer Comment (2019-08-05): The LE was sent [REDACTED][REDACTED] w/in the 3 days thru [REDACTED] and the Bwrs can E-Consent at any point during the Mtg Cycle per TRID guides--see upload
 08/06/2019     1 A   CA Primary Refinance - Cash-out - Other   C B B B C A A A Non QM Non QM No
207488498 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-06): fees paid to borrower chosen provider - no tolerance
 08/06/2019     1 A   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C A A A Non QM Non QM Yes
207488498 [REDACTED]         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. No cure in file.     Reviewer Comment (2019-08-06): fees paid to borrower chosen provider - no tolerance
 08/06/2019     1 A   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 B B C A A A Non QM Non QM Yes
207488498 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Cash-out - Other   C B B B C A A A Non QM Non QM No
207488499 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient reserves verified. The borrowers did receive cash back at closing due to the earnest money deposit excess payment, which included the $ [REDACTED]  gift. Removing the gift from reserves caused the reserve shortage. Housing payment decreasing -$435.52 (-12.74%)

Borrower on this Bank Statement documentation loan has a disposable income of $5,137.92		 Originator

Originator		 Reviewer Comment (2019-08-10): CRE provided for 2.63 months reserves < 4 months
     08/10/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207488502 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Borrower is self-employed and verification of the existence of the business is required within ten (10) days of closing. Verification was not provided. (Internet searches in file do not contain web address or dates).     Reviewer Comment (2019-08-07): received proof of business


Buyer Comment (2019-08-07): The date does not show on this website.  However, the web address is at the top.  Is that sufficient?


Reviewer Comment (2019-08-06): The date at the lower right is the date on the computer.   Search provided is for [REDACTED]. which is not one and the same as  [REDACTED]. d/b/a [REDACTED].    Issue remains EV3 for third party verification for Borrower's business, [REDACTED]. d/b/a [REDACTED], dated within 10 days of closing


Buyer Comment (2019-08-01): Please zoom in. The web address is at the top and the date is at the lower right hand side of the picture.
 08/07/2019     1 A   NJ Primary Purchase   C C C A B B B C Non QM Non QM No
207488502 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD does not reflect # of prepaid months of property taxes collected.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A B B B C Non QM Non QM Yes
207488502 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   NJ Primary Purchase   C C C A B B B C Non QM Non QM No
207488503 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MS Primary Purchase   C A A A C A C A Non QM Non QM No
207488503 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-08-06): COC provided- re-inspection required appraisal made "subject to"
 08/06/2019     1 A   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207488503 [REDACTED]         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. Appraisal re-inspection fee exceeded the tolerance allowed with no cure provided.     Reviewer Comment (2019-08-06): COC provided- re-inspection required appraisal made "subject to"


Buyer Comment (2019-08-05): Note: The Original LE was completed on [REDACTED] and the 2nd LE was on [REDACTED] with the Final Inspection added along with a COC stating the same Information. On the CD dated [REDACTED] the Fee was still at $250 and at closing the Fee was reduced to $125 and no COC is req'd if the Fee is reduced.
 08/06/2019     1 A   MS 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 C A Non QM Non QM Yes
207488510 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): received CDA
 10/23/2019     1 A   TX Primary Purchase   C B A A C B C B Non QM Non QM No
207488510 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed $30.00, calculated $34.00.     Reviewer Comment (2019-08-13): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/13/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C B Non QM Non QM Yes
207488510 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $4.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-13): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/13/2019   2 B   TX 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 B Non QM Non QM Yes
207488510 [REDACTED]         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 $555.00 exceeds tolerance of $525.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-13): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/13/2019   2 B   TX Primary Purchase   C B A A C B C B Non QM Non QM Yes
207488510 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-13): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/13/2019   2 B   TX Primary Purchase   C B A A C B C B Non QM Non QM Yes
207488510 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   TX Primary Purchase   C B A A C B C B Non QM Non QM No
207493520 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ There is a WVOE in file, dated [REDACTED], from the co-borrower's employer, that states she is currently on maternity leave as of [REDACTED]. As this is a minimum of 12 weeks prior to the WVOE date, the employer needed to provide a return date. Unable to determine if the co-borrower's employment is likely to continue.     Reviewer Comment (2019-10-15): internal review acceptable to use.


Reviewer Comment (2019-07-29): Co-borrower's income was used to qualify.  Employer needs to indicate the specific day Borrower's is returning to full time employment at same annual salary.


Buyer Comment (2019-07-25): WVOE in question reflects Probability of Continued Employment as Very Good (Item 11).  Please advise as to what specifically is needed to satisfy this conditions. Thanks
 10/15/2019     1 A   SC Primary Purchase   C A C A A A A A Non QM Non QM No
207493521 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $[REDACTED].  Provide updated policy reflecting minimum coverage of $[REDACTED]     Reviewer Comment (2019-07-29): Received RCE


Buyer Comment (2019-07-26): Please review the cost estimate report attached.  Thanks


Buyer Comment (2019-07-25): Please review the policy again.  It has 100% guaranteed replacement cost to coverage.
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max LTV for Cash out Refi - Platinum is 80% 16.32% DTI on this Alt documentation loan < 55% guideline max

Residual income on alt doc loan $125,524 per month

Credit Score 738 < 720 required

15 months reserves > 4 months guideline minimum		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-07-29): Received CRE


Buyer Comment (2019-07-25): Please review the exception attached.  Thanks.
     07/29/2019 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         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. Not provided     Reviewer Comment (2019-07-29): Received email from borrower confirming receipt of appraisal as [REDACTED]
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         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. Not provided     Reviewer Comment (2019-07-29): Received email from borrower confirming receipt of appraisal as [REDACTED]
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.76520% or Final Disclosure APR of 6.76700% is in excess of allowable threshold of APOR 4.14% + 2.5%, or 6.64000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-29): Received email from borrower confirming receipt of appraisal as [REDACTED]
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         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. Not provided     Reviewer Comment (2019-07-29): Received email from borrower confirming receipt of appraisal as [REDACTED]


Buyer Comment (2019-07-26): Email from borrower, appraisal received.


Buyer Comment (2019-07-26): Please review appraisal acknowledgement.


Buyer Comment (2019-07-26): Please review the appraisal acknowledgement.
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207493521 [REDACTED]         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. Not provided     Reviewer Comment (2019-07-29): Received email from borrower confirming receipt of appraisal as [REDACTED]


Buyer Comment (2019-07-26): Email from borrower, appraisal received before closing.
 07/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
207501574 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-16): CU Score below 2.0
 10/16/2019     1 A   WA Investment Refinance - Cash-out - Other   C A A A     C A     No
207512637 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
207512637 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. final CD shows loan is not assumable; no other disclosure to offset assumption on note             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207512637 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Should be 4.82M; CD rounded up to 5 months             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207512637 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Additional Property Taxes Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Additional Property Taxes under Prepaids. not provided             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207547285 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A C A C A Non QM Non QM No
207547285 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Non-escrowed property costs over Year 1 is equal to $[REDACTED]which is the homeowners association fee only,     Reviewer Comment (2019-07-30): HOA is $100 / month.  Optional flood insurance not required by lender does not need to be disclosed as non escrow property cost.  Borrower not in a flood zone but  elected to carry optional flood insurance.


Buyer Comment (2019-07-29): Invalid Condition.  Lender is allowed to calculate 11 months.  This would make the non-escrowed costs $1100 which is disclosed on the final CD.
 07/30/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207551604 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Master policy with mortgagee clause not provided.             2 B   CA Investment Refinance - Cash-out - Other   C B B B A A C A N/A N/A No
207551604 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B B B A A C A N/A N/A No
207551604 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Investment Refinance - Cash-out - Other   C B B B A A C A N/A N/A No
207551611 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Shortage $ [REDACTED] .     Reviewer Comment (2019-08-07): [REDACTED] Final Title Policy provided
 08/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207551611 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-07): [REDACTED] Final Title Policy provided
 08/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207551611 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $27.00.     Reviewer Comment (2019-08-06): Tolerance exceptions are addressed. Exception Cleared.
 08/06/2019     1 A   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207551611 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Cost to cure $27.00 due Borrower.  Change in circumstance dated [REDACTED] [REDACTED]  noted change in loan amount that was disclosed to Borrower Final CD [REDACTED] [REDACTED]  outside of 3 day window.     Reviewer Comment (2019-08-06): [REDACTED] received [REDACTED] CD and COC. Exception Cleared.
 08/06/2019     1 A   MD 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
207551611 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Proof of existance of business within 10 days of closing was not provided.     Reviewer Comment (2019-08-07): Third party verification for Moon Corporation LTD dated [REDACTED] provided
 08/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207551612 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Lender exception granted.  Compensating factors are credit score, credit history, DTI, Housing Pymt Decrease and Reserves. Credi tScore 794 > 660 required, Housing payment decrease going from $1300 per month to $1100 mtg payment Originator Pre-Close Reviewer Comment (2019-08-02): CRE D169
     08/02/2019 2 B   NC Primary Purchase   C B C B C B C A Non QM Non QM No
207551612 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   NC Primary Purchase   C B C B C B C A Non QM Non QM No
207551612 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Asset Account Date: ___       Reviewer Comment (2019-08-09): updated 30 day statement dated [REDACTED] provided verifying a $125,082.24 balance as of statement date
 08/09/2019     1 A   NC Primary Purchase   C B C B C B C A Non QM Non QM No
207551612 [REDACTED]         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 $68.75 on Final Closing Disclosure provided on [REDACTED] not accurate. The amount shown is for eleven months which may be correct based on timing and prepaids.     Reviewer Comment (2019-08-08): Purchase contract addendum confirms $75 / year for HOA


Buyer Comment (2019-08-07): Per CFPB we can use 11 or 12months and we used 11mths. Please clear.
 08/08/2019     1 A   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207551612 [REDACTED]         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. Confirmation signed at closing was not included.             2 B   NC Primary Purchase   C B C B C B C A Non QM Non QM No
207551620 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Calculated investor qualifying housing ratio of 40.77660% does exceed Guideline housing ratio of 40.00000%,but meets the exception policy based on compensating factor of Housing Payment Decrease from $ [REDACTED]  to $ [REDACTED] , 0% Payment Shock and 12 months Reserves.. Decrease from $1700 to $1461.15

14.53 months reserves > 4 months required		 Originator

Originator		 Reviewer Comment (2019-08-05): CRE D203
     08/05/2019 2 B   AL Primary Purchase   B B B B A A A A Non QM Non QM No
207551623 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): Recieved CDA


Reviewer Comment (2019-08-07): Duplicate copy of AVM dated [REDACTED] provided.  Issue remains EV3 for a secondary desk review valuation required for securitization
 10/23/2019     1 A   AZ Primary Purchase   C B C B A A C B Non QM Non QM No
207551623 [REDACTED]         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 $60.00 exceeds tolerance of $48.00 plus 10% or $52.80.  Sufficient or excess cure was provided to the borrower at Closing.           07/29/2019   1 A   AZ Primary Purchase Final CD evidences Cure C B C B A A C B Non QM Non QM Yes
207551623 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided.     Reviewer Comment (2019-08-07): HOA verification ($0.00) provided


Buyer Comment (2019-08-05): Property was built in 1924. There is no HOA.
 08/07/2019     1 A   AZ Primary Purchase   C B C B A A C B Non QM Non QM No
207551623 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided. Non-arm's length transactions are not allowed. 24.62 months reserves > 4  months guideline minimum

Borrower on this Full documentation loan has a disposable income of $9,046.33

Borrower has job stability for 8.79 years employed with [REDACTED]		 Originator

Originator

Originator		 Reviewer Comment (2019-08-07): CRE provided for non-arm's length transaction
     08/07/2019 2 B   AZ Primary Purchase   C B C B A A C B Non QM Non QM No
207551623 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA


Reviewer Comment (2019-08-07): This is a securitization exception and at this time and will remain
 10/23/2019     1 A   AZ Primary Purchase   C B C B A A C B Non QM Non QM No
207551623 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   AZ Primary Purchase   C B C B A A C B Non QM Non QM No
207551625 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.75900% or Final Disclosure APR of 7.16900% is in excess of allowable threshold of APOR 4.36% + 1.5%, or 5.86000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551625 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The Final Closing disclosure in section F shows annual home owners insurance of $[REDACTED] or $[REDACTED] per month. Section G reflects a monthly escrow amount of $[REDACTED] per month creating the discrepancy.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207551625 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Lender Rate Lock indicates the Index used was 3.20%. The highest Index available within the look-back period is 2.619%.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207551625 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing verification of Equity from the pending sale of the Borrower's current Primary residence located at [REDACTED]. Further asset verification is needed. Lender approval shows  verified assets in the amount of $[REDACTED] and only $[REDACTED] has been provided and verified.     Reviewer Comment (2019-08-14): Signed settlement statement documents $73,439.71 in Sale Proceeds from Sale of Departure Residence
 08/14/2019     1 A   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551625 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing verification of Equity from the pending sale of the Borrower's current Primary residence located at [REDACTED]. Further asset verification is needed. Lender approval shows  verified assets in the amount of $[REDACTED] and only $[REDACTED] has been provided and verified.     Reviewer Comment (2019-08-14): Signed settlement statement documents $73,439.71 in Sale Proceeds from Sale of Departure Residence
 08/14/2019     1 A   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551625 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-08-08): Third Party Verification provided
 08/08/2019     1 A   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551625 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Risk Summary & Exception Approval / Loan Exception History in file. UW Exceptions issued for: Alternative income calculation used - Borrowers are 85% owners of business. Business bank statements being used to qualify. Compensating Factors cited: 1)Credit History, 2) DTI and Residual Income. Credit History - Borrowers have not had any mortgage lates since the account was opened [REDACTED].

DTI - 23.67% DTI on this twelve month business bank statement documentation loan which is less than the 55% guideline maximum.

Residual Income - Borrowers residual income of $8,679.34 exceeds the $1,500 minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-05): CRE D184
     08/05/2019 2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551625 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Risk Summary & Exception Approval / Loan Exception History in file. UW Exceptions issued for: Derogatory credit within the last twelve months - 1x60 in [REDACTED]. Compensating Factors cited: 1)Credit History, 2) DTI and Residual Income. Credit History - Borrowers have not had any mortgage lates since the account was opened [REDACTED].

DTI - 23.67% DTI on this twelve month business bank statement documentation loan which is less than the 55% guideline maximum.

Residual Income - Borrowers residual income of $8,679.34 exceeds the $1,500 minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-05): CRE D184
     08/05/2019 2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207551626 [REDACTED]         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. Verification of appraisal delivery to borrower via email provided by lender (D0095)             2 B   TN Investment Purchase   B B A A B B A A N/A N/A No
207551633 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207551634 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   No REO information on active FHA mortgage appearing on borrowers credit report.     Reviewer Comment (2019-08-28): Rec'd Co-borrower [REDACTED] [REDACTED] and [REDACTED] report verifying borrower was released of all obligation through [REDACTED] and property was fully transferred to [REDACTED] on [REDACTED]; exception cleared.


Buyer Comment (2019-08-27): uploaded since [REDACTED]
 08/28/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Initial - Lender's is incomplete   No REO information on active FHA mortgage appearing on borrowers credit report.     Reviewer Comment (2019-08-28): Rec'd Co-borrower [REDACTED] [REDACTED] and [REDACTED] report verifying borrower was released of all obligation through [REDACTED] and property was fully transferred to [REDACTED] on [REDACTED]; exception cleared.
 08/28/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: [REDACTED] / [REDACTED] not provided   Credit report shows Borrower with [REDACTED] reporting-no [REDACTED] or documentation in file to define the payment or lack of payment due.     Reviewer Comment (2019-09-05): [REDACTED] [REDACTED] does not show any [REDACTED] and at time of [REDACTED] there were no minor children.


Buyer Comment (2019-09-05): The [REDACTED] now. Bwr stated he no longer pays and [REDACTED] he had a 0 bal please. I'm not able to get anything from the court nor is Bwr. If you look at Credit Rep the [REDACTED] [REDACTED] and had a 0 bal which proves no more [REDACTED]


Reviewer Comment (2019-09-04): Received Borrower's attestation (e-mail) and reference to [REDACTED] website.   Issue remains EV3 for copy of court-ordered [REDACTED] agreement filed by [REDACTED] to support Borrower no longer obligated to [REDACTED]


Buyer Comment (2019-08-29): Bwr sent an email in reference to son he is now of age and that is why the CR show there is a zero bal


Reviewer Comment (2019-08-28): Rec'd [REDACTED] [REDACTED] for Co-borrower only; [REDACTED] obligation on CBR is for Primary Borrower ([REDACTED]); missing [REDACTED] [REDACTED] or other verification that borrower is no longer obligated to pay [REDACTED].


Buyer Comment (2019-08-23): Div [REDACTED] and [REDACTED] Rep uploaded


Reviewer Comment (2019-08-08): Issue remains EV3 for a copy of a [REDACTED] [REDACTED], [REDACTED], court order or any other written legal agreement to document Borrower is no longer responsible for any [REDACTED].


Buyer Comment (2019-08-06): Note: The CR shows a 0 bal for [REDACTED] also the 1003 shows No children there is no information to show..If the CR shows a 0 bal that was from [REDACTED] which was 5 yrs. ago and the support went on for 9 yrs why would we need to show any addt'l information. As the Bwr is married with no children listed.
 09/05/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Commitment is short the required coverage, short $[REDACTED]. Should be coverage in the amount of $[REDACTED]., binder amount is $[REDACTED].     Reviewer Comment (2019-08-13): Amended title commitment provided with a [REDACTED] proposed loan policy amount
 08/13/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Borrowers have other active applications in process as of[REDACTED] -[REDACTED]- this is unaddressed in the file and not included in the DTI.     Reviewer Comment (2019-08-08): [REDACTED] Statement of Credit Denial, Termination or Change dated[REDACTED] provided for loan [REDACTED] mortgage loan application.   Loan application file for [REDACTED] was closed for incompleteness (D0186)
 08/08/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   No verification of HOA fees for undisclosed property financed by [REDACTED] opened [REDACTED]with payment of $[REDACTED] monthly as found on credit report with Joint reporting with Co-Borrower.     Reviewer Comment (2019-08-28): Rec'd Co-borrower [REDACTED] [REDACTED] and [REDACTED] report verifying borrower was released of all obligation through [REDACTED] and property was fully transferred to [REDACTED] on [REDACTED]; exception cleared.


Buyer Comment (2019-08-23): Div [REDACTED] and [REDACTED] Rep uploaded
 08/28/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - No mortgage statement for active FHA mortgage account listed on credit report with [REDACTED],  with balance of $[REDACTED], monthly pmt. of $[REDACTED].     Reviewer Comment (2019-08-28): Rec'd Co-borrower [REDACTED] [REDACTED] and [REDACTED] report verifying borrower was released of all obligation through [REDACTED] and property was fully transferred to [REDACTED] on [REDACTED]; exception cleared.


Buyer Comment (2019-08-23): Div [REDACTED] and [REDACTED] Rep uploaded
 08/28/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         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. Undocumented omission of mortgage debt and attendant expenses. Undocumented omission of [REDACTED].     Reviewer Comment (2019-09-05): Updated based on [REDACTED] [REDACTED]


Reviewer Comment (2019-08-28): Rec'd [REDACTED] [REDACTED] for Co-borrower only; [REDACTED] obligation on CBR is for Primary Borrower ([REDACTED]); missing [REDACTED] [REDACTED] or other verification that borrower is no longer obligated to pay [REDACTED].


Buyer Comment (2019-08-23): Div [REDACTED] and [REDACTED] Rep uploaded


Reviewer Comment (2019-08-08): Issue remains EV3 for a copy of a [REDACTED] [REDACTED], [REDACTED], court order or any other written legal agreement to document Borrower is no longer responsible for any [REDACTED].


Buyer Comment (2019-08-06): Note: The CR shows a 0 bal for [REDACTED] also the 1003 shows No children there is no information to show..If the CR shows a 0 bal that was from [REDACTED] which was 5 yrs. ago and the support went on for 9 yrs why would we need to show any addt'l information. As the Bwr is married with no children listed.
 09/05/2019     1 A   AZ Primary Purchase Lender to provide updated ATR/QM status C C C A C A B C Non QM Non QM Yes
207551634 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Debt Ability-to-Repay (Dodd-Frank 2014): Creditor did not include alimony and/or [REDACTED] in debt obligations. Credit report shows prior obligation [REDACTED], no documentation in file to support the omission of [REDACTED].     Reviewer Comment (2019-09-05): Updated based on [REDACTED] [REDACTED]


Reviewer Comment (2019-08-28): Rec'd [REDACTED] [REDACTED] for Co-borrower only; [REDACTED] obligation on CBR is for Primary Borrower ([REDACTED]); missing [REDACTED] [REDACTED] or other verification that borrower is no longer obligated to pay [REDACTED].


Buyer Comment (2019-08-23): Div [REDACTED] and [REDACTED] Rep uploaded


Reviewer Comment (2019-08-08): Issue remains EV3 for a copy of a [REDACTED] [REDACTED], [REDACTED], court order or any other written legal agreement to document Borrower is no longer responsible for any [REDACTED].


Buyer Comment (2019-08-06): Note: The CR shows a 0 bal for [REDACTED] also the 1003 shows No children there is no information to show..If the CR shows a 0 bal that was from [REDACTED] which was 5 yrs. ago and the support went on for 9 yrs why would we need to show any addt'l information. As the Bwr is married with no children listed.
 09/05/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. [REDACTED] undocumented,undocumented property with a mortgage reporting on credit and comparative credit report to[REDACTED], no validation of the insurance, tax and HOA expenses accompanying the property documented, same mortgage payment omitted without supporting documentation(ie CD or Lease).     Reviewer Comment (2019-09-05): Updated based on [REDACTED] [REDACTED]
 09/05/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided. NSF and overdraft activity must be reviewed for acceptability, 11 NSF/Overdrafts in 12 bank statements with no explanations in file. UW Income analysis indicates over-drawn and NSF counts exceed program threshold of acceptability.     Reviewer Comment (2019-08-13): 1008 provided (D0187) indicates UW reviewed NSF's and determined the file acceptable with the NSF's.
 08/13/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-08-28): Duplicate
 08/28/2019     1 A   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207551634 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   AZ Primary Purchase   C C C A C A B C Non QM Non QM No
207555257 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Effective date [REDACTED], consummation date [REDACTED].     Reviewer Comment (2019-08-12): Rec'd Lender attestation letter dated [REDACTED] of no claims placed on the property.
 08/12/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555257 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555257 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Writen explanation for credit inquiries within 90 days of credit report was not provided.     Reviewer Comment (2019-08-12): not required; credit report reflects all inquiries in most recent 90 days ([REDACTED]-[REDACTED]) from Broker credit pull only; all other inquiries prior to [REDACTED].


Buyer Comment (2019-08-08): the inquires are from the broker pulling credit
 08/12/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555257 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification [REDACTED]     Reviewer Comment (2019-08-12): Rec'd verification of no HOA; exception cleared.


Buyer Comment (2019-08-08): after searching several sites none showed HOA plus house was built in 1960.
 08/12/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555258 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   DTI - 12.577% DTI on this twelve month business bank statement documentation loan is less than the 55% guideline maximum.

Residual Income - Borrower on this twelve month business bank statement documentation loan has a disposable income of $26,200.08 esceeding the $1,500 minimum.

Reserves - 83.33 months reserves is greater than the 4 months months guideline minimum.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-12): CRE-D278
     08/12/2019 2 B   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
207555258 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
207555258 [REDACTED]         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. Appraisal PDF email dated [REDACTED] 1004 report date [REDACTED]effective date [REDACTED].             2 B   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
207555258 [REDACTED]         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. [REDACTED] LE To/From present.  [REDACTED]E To/From not present.  CD's To/From present.             2 B   TX Primary Refinance - Rate/Term Good Faith Redisclosure C B C B C B C A Non QM Non QM Yes
207555258 [REDACTED]         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 $320.87 on Final Closing Disclosure provided on [REDACTED] not accurate. HOA $325 per year per 1004.     Reviewer Comment (2019-08-12): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   08/12/2019   2 B   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207555258 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $0.00     Reviewer Comment (2019-08-16): Tolerance exceptions are addressed. Exception Cleared.
 08/16/2019     1 A   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207555258 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Origination Fee.     Reviewer Comment (2019-08-12): [REDACTED] reviewed [REDACTED] COC. Exception Cleared.
 08/12/2019     1 A   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
207555258 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-08-12): Rec'd third party verification dated [REDACTED] in trailing docs; exception cleared.
 08/12/2019     1 A   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
207555258 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-08-12): Rec'd Tax certificates and Borrower attestation of no HOI in trailing docs; exception cleared.
 08/12/2019     1 A   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM No
207555258 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-08-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 08/16/2019     1 A   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
207555258 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-08-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   08/16/2019   2 B   TX Primary Refinance - Rate/Term   C B C B C B C A Non QM Non QM Yes
207555263 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing [REDACTED] documents for the business, 1120S, K1s, Extension and P&L statement ([REDACTED]P&L)     Reviewer Comment (2019-10-22): Rec'd P&L


Reviewer Comment (2019-10-15): Nothing new has been provided


Reviewer Comment (2019-08-12): Received [REDACTED] for business returns.  Issue remains EV3 for [REDACTED] ([REDACTED] to [REDACTED]) P&L signed by Borrower.  Loan file contains only a YTD P&L ([REDACTED] to[REDACTED])


Buyer Comment (2019-08-08): Please see the form for extension for filing [REDACTED].  Per guidelines  2 years of tax returns to be provided, which is [REDACTED] for this loan.
 10/22/2019     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B C A B B A A Non QM Non QM No
207555263 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Missing [REDACTED] Tax Returns     Reviewer Comment (2019-08-12): This cannot be cleared, it is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.  Client may elect to waive.
       2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C A B B A A Non QM Non QM No
207555269 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   TX Primary Refinance - Cash-out - Other   C A A A C A C A Non QM Non QM No
207555269 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-08-26): TX FMV signed by Lender
 08/26/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A C A Non QM Non QM Yes
207555272 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Per section 1906 of the Portfolio Program Guidelines, NSF and overdraft activity must be reviewed for acceptability.  12 moths most recent business bank statements provided evidence 19 NSF/Overdrafts.  Explanation or supporting documentation regarding acceptability of this activity was not provided.     Reviewer Comment (2019-08-14): 1008 provided indicates UW reviewed NSF's and determined the file acceptable with the NSF's.


Reviewer Comment (2019-08-12): Unable to verify in guidelines provided that if the bank statements used to determine income show overdraft from another account then it is accepted.  Issue remains EV3 for missing Lender's statement that NSF and overdraft activity was reviewed by Lender for acceptability required under Bank Statement program.


Buyer Comment (2019-08-08): if the bk statement show overdraft protection from another account then that is  accepted..
 08/14/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207555272 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Per section 2.7 of the Portfolio Program Guidelines  [REDACTED] , the appraisal must include three (3) recent closed sales and at least two (2) additional current listings or pending sales for all property types on all loans.  The appraisal contains 4 sold comparables and no listings. Borrower on this Bank Statement documentation loan has a disposable income of $10,940.90

Housing payment decreased -$189.38 (-11.71558%)		 Originator

Originator		 Reviewer Comment (2019-08-14): CRE provided for appraiser's opinion of value is supported by four (4) recent closed sales and no current listings or pending sales < minimum three (3) recent closed sales and at least two (2) additional current listings or pending sales required


Reviewer Comment (2019-08-12): Rec'd copy of supplemental addendum to the appraisal with commentary that there were 34 closed sales, however, guideline requirements were not met.  Lender exception approval not provided.
     08/14/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207555273 [REDACTED]         Credit Credit Credit Eligibility Public Record Issue:   $[REDACTED]Dpt of Ed/SLM collection transferred or sold is not shown as resolved or settled. Present disposition is indeterminate.             2 B   OH Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207555273 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Closing disclosure is dated [REDACTED], however is signed on [REDACTED].     Reviewer Comment (2019-08-12): Rec'd Final CD issued and signed on [REDACTED]; removed on compliance re-run.
 08/12/2019     1 A   OH Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207555273 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED].       Reviewer Comment (2019-08-12): Rec'd Final CD issued and signed on [REDACTED]; removed on compliance re-run.
 08/12/2019     1 A   OH 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
207555273 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).       Reviewer Comment (2019-08-12): Rec'd Final CD issued and signed on [REDACTED]; removed on compliance re-run.
 08/12/2019     1 A   OH 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
207555273 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD collected [REDACTED] taxes, however did not provide the number of months collected on the Final CD.     Reviewer Comment (2019-08-12): Rec'd Final CD issued and signed on [REDACTED]; removed on compliance re-run.
 08/12/2019     1 A   OH Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207555273 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months was left blank.             2 B   OH Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207555276 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided. [REDACTED]     Reviewer Comment (2019-08-10): HOA Verification provided


Buyer Comment (2019-08-09): uploaded since [REDACTED]
 08/10/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555276 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555276 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided.  [REDACTED]     Reviewer Comment (2019-08-10): HOA Verification provided
 08/10/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555276 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided.  [REDACTED]     Reviewer Comment (2019-08-10): HOA Verification provided
 08/10/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555276 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided.  [REDACTED]     Reviewer Comment (2019-08-10): HOA Verification provided
 08/10/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207555280 [REDACTED]         Credit Employment Miscellaneous The verification of employment was not obtained within 10 days of the note date.   No verification of employment retained in the file that occurred within 10 days of the note date.     Reviewer Comment (2019-08-14): third party verification dated [REDACTED] received
 08/14/2019     1 A   NJ Primary Purchase   C B C A B B A A Non QM Non QM No
207555280 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The amount paid is not month specific.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207555280 [REDACTED]         Credit Asset Asset Documentation Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   $[REDACTED]in total earnest money deposits are not sourced or documented in file. Purchase contract shows an initial $[REDACTED] deposit and an additional $[REDACTED] due prior to closing, then the balance of another $[REDACTED] due at closing. Final CD shows $[REDACTED] deposit credit.     Reviewer Comment (2019-08-14): Deposit receipt received.
 08/14/2019     1 A   NJ Primary Purchase   C B C A B B A A Non QM Non QM No
207555281 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Investment Purchase   C A A A A A C A N/A N/A No
207555283 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   Borrower on this 12 MO Business Bank Statement documentation loan has a disposable income of $24,362.41

Credit History 0 x 30, 60, 90 [REDACTED] to [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-10-01): CRE - D144


Reviewer Comment (2019-08-13): Received incomplete CRE.  Issue remains EV3 for a completed CRE with compensating factors that specifies exception being approved by Lender, EV3 3.49 months reserves < 4 months minimum required
     10/01/2019 2 B   FL Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207555283 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207555283 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage of $[REDACTED] is insufficient to cover estimated cost new of $[REDACTED]; $[REDACTED] shortfall and is not sufficient to cover the loan amount.     Reviewer Comment (2019-10-04): Rec'd RCE in trailing docs; exception cleared.
 10/04/2019     1 A   FL Investment Refinance - Rate/Term   C B C B A A C A N/A N/A No
207555284 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage shortfall $[REDACTED]. Replacement cost estimate was not provided.     Reviewer Comment (2019-09-07): HOI coverage includes an additional 10% coverage for other structures which were included in Estimated replacement cost from appraisal; coverage is sufficient


Reviewer Comment (2019-08-26): Lender provides new evidence of HOI (D0381) documenting [REDACTED] dwelling coverage @ $3,656.01 ($304.68 per month) annual premium for increased coverage.  [REDACTED] dwelling coverage is less than [REDACTED] minimum required.    [REDACTED] is based on 80% of [REDACTED] estimated replacement cost per appraisal.  [REDACTED] is greater than [REDACTED] original new loan amount.  Hazard insurance coverage should be in the amount of the lesser of
100% of the insurable value of improvements or unpaid principal balance of the mortgage, as long as it equals the minimum amount (80% of the insurable value of the improvements) required to compensate for damage or loss on a replacement cost basis.   New evidence of insurance did provided did not include an attached Replacement Cost Estimator documenting a [REDACTED] replacement cost amount used by Allstate to determine sufficient dwelling coverage for subject
 09/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207555284 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) Texas Constitution Section 50(a)(6): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value.  Test performed using stated value or other valuation method in file other than appraisal. Desk review reflects lower value  that was used in qualifying.             2 B   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents with the correct value and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM No
207555284 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Texas Cash-out Fair Market Acknowledgment not signed by lender.     Reviewer Comment (2019-08-26): TX FMV signed by Lender provided
 08/26/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207555284 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Used desk review value as most conservative as desk review value is lower than appraisal.             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555284 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Letter of explanation for inquiries (D25) states that borrower is purchasing a new car and documentation would be provided.  However, no documentation was provided and new car loan was not included in DTI.  The gap credit report does show that the auto loan to [REDACTED]l for $[REDACTED] monthly was paid off.  This trade line is still included in the DTI.     Reviewer Comment (2019-09-07): Rec'd credit refresh reflecting new tradeline; exception cleared.


Reviewer Comment (2019-08-26): Received a revised 1008. Issue remains EV3 for copy of executed loan agreement documenting complete terms of new auto obligation obtained by Borrower replacing existing reported auto obligation documented by credit report
 09/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207555284 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence annual policy premium increased dwelling coverage is paid in full.     Reviewer Comment (2019-09-12): policy was paid upfront and is escrowed, updated premium would be covered by escrow amounts.
 09/12/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207555284 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Lender provides post-closing a new evidence dwelling coverage > $[REDACTED] minimum coverage required. Final Closing Disclosure Final Closing indicates a $[REDACTED] monthly homeowner's insurance initial escrow amount ($[REDACTED] annual) which is annual premium for a $[REDACTED] dwelling coverage documented in file (D0116) that is less than minimum required coverage     Reviewer Comment (2019-09-07): Lender escrowed based on docs available at closing and new HOI policy is effective post-close; exception cleared.
 09/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207555285 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Prepaid homeowners insurance premium does not match the actual monthly premium based on the annual premium verified by the proof of insurance included in the loan file.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555285 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Costs over one year do not match the HOA dues verified by the appraisal.     Reviewer Comment (2019-08-08): Letter of Explanation & Corrected Closing Disclosure provided
   08/08/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555285 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final closing costs exceeded the legal limit.     Reviewer Comment (2019-08-16): Tolerance exceptions are addressed. Exception Cleared.
 08/16/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555285 [REDACTED]         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. Closing disclosure dated[REDACTED].     Reviewer Comment (2019-08-14): [REDACTED] received [REDACTED] CD. Exception Cleared.


Reviewer Comment (2019-08-12): [REDACTED] received disclosure tracking for [REDACTED] CD. Please provide the [REDACTED] CD as it is not located in file.


Reviewer Comment (2019-08-08): Initial CD needs be received by the borrower (3) business days prior to closing. Loan file contains 2 CD issued [REDACTED].  One signed at closing on [REDACTED] and the other unsigned.  Please provide documentation that confirms when the Initial CD was received by the borrower.


Buyer Comment (2019-08-07): Property closed on [REDACTED] and CD went out on [REDACTED].  I count 3 days. Please elaborate?
 08/14/2019     1 A   TX Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207555285 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title Guarantee fee exceeded the allowable tolerance with no cure provided.     Reviewer Comment (2019-08-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 08/16/2019     1 A   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 A C B A A Non QM Non QM Yes
207555285 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Per section 19.6 of the Portfolio Program Guidelines [REDACTED], NSF and overdraft activity must be reviewed for acceptability.  A letter of explanation from borrower regarding 6 overdrafts in the most recent 12 months was not provided.  Notes or exceptions from lender regarding acceptability was not provided.     Reviewer Comment (2019-08-15): 1008 provided (D0169) indicates UW reviewed NSF's and determined the file acceptable with the NSF's.


Buyer Comment (2019-08-13): Please review documents. Statement was added.


Reviewer Comment (2019-08-09): Issue remains EV3 for Lender's statement that NSF and overdraft activity was reviewed by Lender for acceptability
 08/15/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555285 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. AMC received PCCD indicating cure, LOE, and Refund Check. Exception Cured.     Reviewer Comment (2019-08-16): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   08/16/2019   2 B   TX Primary Purchase   C B C A C B A A Non QM Non QM Yes
207555288 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-09): E-consent date confirmed


Buyer Comment (2019-08-08): Please also consult with [REDACTED]s
 08/09/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
207555288 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure [REDACTED] 12:00:00 AM was received. Doc tracking show LE was e-disclose on [REDACTED]but borrower did not reviewed until [REDACTED].             2 B   FL Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
207555288 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Sufficient or excess cure was provided to the borrower at Closing.           07/31/2019   1 A   FL Primary Refinance - Rate/Term Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207555288 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Esign consent obtained a day after initial disclosure e-delivery.     Reviewer Comment (2019-08-09): E-consent date confirmed
 08/09/2019     1 A   FL Primary Refinance - Rate/Term No Defined Cure C B A A C B A A Non QM Non QM No
207555292 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Credit report payee is Broker.  File does not contain an invoice from Third party.             2 B   CA Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A B B C A Non QM Non QM Yes
207555292 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B A A B B C A Non QM Non QM No
207555294 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Final signed CD not provided     Reviewer Comment (2019-08-12): Rec'd signed Final CD in trailing docs; exception cleared.
 08/12/2019     1 A   GA Primary Purchase   C A A A C A C A Non QM Non QM Yes
207555294 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   GA Primary Purchase   C A A A C A C A Non QM Non QM No
207555297 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Payoff of HELOC can be considered rate and term if the HELOC is seasoned 12 months and no more than $2,000.00 has been drawn in the last 12 months.
Proof of draws in an amount < $2,000.00 in the last 12 months was not provided.		     Reviewer Comment (2019-09-04): received proof loan was paid and closed


Reviewer Comment (2019-08-27): Issue remains EV3 for [REDACTED] [REDACTED] recent 12 months draw history to support dollar amount of draws that were made in the past twelve (12) months.   Lender provides a CRE that states Borrower had only 1 draw > $2,000.00 was made with no verification provided.   Guidelines require verification that no more than $2,000.00 (total) in draws were made in the last 12 months and Lender CRE states only 1 draw that exceeded $2,000.00 with no verification that there were no other draws in last 12 months.
 09/04/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
207555297 [REDACTED]         Credit Guideline Guideline Issue Borrower received greater than the lesser of 1% or $2,000 cash at closing on a rate/term transaction. Cash to Borrower: ___ Rate and term refinance approval was issued paying off a $ [REDACTED]  unpaid HELOC 2nd loan that based on stated draw history should be considered cash-out.  $ [REDACTED] > exceed the lesser of 2% or $2,000.  CRE for rate and term refinance approval was issued paying off a $ [REDACTED]  unpaid HELOC 2nd loan considered cash out was not provided     Reviewer Comment (2019-09-04): received proof of payoff


Reviewer Comment (2019-08-30): Issue remains EV3 for [REDACTED] [REDACTED] recent 12 months draw history to support dollar amount of draws that were made in the past twelve (12) months.   Lender provides a CRE that states Borrower had only 1 draw > $2,000.00 was made with no verification provided.  Guidelines require verification that no more than $2,000.00 (total) in draws were made in the last 12 months and Lender CRE states only 1 draw that exceeded $2,000.00 with no verification that there were no other draws in last 12 months.
 09/04/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
207555300 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Bank statement program only allows for 6 NSF & OD's in last 12 months, borrower has excessive NSF & OD. Exception meets exception policy based on compensating factors of credit history, low DTI 5.63% and residual income of $ [REDACTED] >$1500. Compensating factors of credit history, low DTI 5.63% and residual income of $124,644>$1500 Originator Pre-Close Reviewer Comment (2019-08-05): CRE D179
     08/05/2019 2 B   PA Primary Purchase   C B C B C A A A Non QM Non QM No
207555300 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement of 4 months not met. Exception meets exception policy based on compensating factors of credit history, low DTI 5.63% and residual income of $124,644>$1500. Compensating factors of credit history, low DTI 5.63% and residual income of $124,644>$1500 Originator Pre-Close Reviewer Comment (2019-08-05): CRE D179
     08/05/2019 2 B   PA Primary Purchase   C B C B C A A A Non QM Non QM No
207555300 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender did not provided the legal limit amount.     Reviewer Comment (2019-08-07): Fee paid to borrower chosen provider. - attestation also provided
 08/07/2019     1 A   PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207555300 [REDACTED]         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 $135.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Lender did not provide a valid change of circumstance letter or a credit to cure.     Reviewer Comment (2019-08-07): Fee paid to borrower chosen provider. - attestation also provided
 08/07/2019     1 A   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 A A Non QM Non QM Yes
207555300 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verified - missing CPA letter confirming borrower own's 100% of business.     Reviewer Comment (2019-08-23): Rec'd third party business verification and Articles of Incorporation in trailing docs; exception cleared.


Reviewer Comment (2019-08-09): Issue remains EV3 for third party verification dated within 10 days of closing verifying Borrower's [REDACTED]in [REDACTED].     Documentation in file (D0048) is dated [REDACTED] priot to [REDACTED] closing date.    Additional business entity documentation in file dated within 10 days is for other entities and not [REDACTED].
 08/23/2019     1 A   PA Primary Purchase   C B C B C A A A Non QM Non QM No
207555303 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Proof of liquidation when funds are used to complete the transaction for any part of the down payment or required cash to close is required and was not provided.     Reviewer Comment (2019-10-15): received wire transfer


Reviewer Comment (2019-08-12): Missing verification of Borrower's ([REDACTED]) receipt of the funds realized from the sale or liquidation of [REDACTED] Single Stock account ($174,705.24) needed for closing was not provided.   Account type requires liquidation in order for funds to be used towards closing.
 10/15/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207555303 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-10-15): Received VVOE
 10/15/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207555303 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing VVOE within 10 days of closing Borrower.     Reviewer Comment (2019-10-15): Received VVOE


Reviewer Comment (2019-08-12): Received a VVOE (D0285) that does not reflect the date verification was completed by Lender,   Issue remains EV3 for a complted VVOE for Borrower's employment with [REDACTED]
 10/15/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207555303 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207555305 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): Eligible for R&W Relief
 10/20/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. - An authorized user account may be excluded from the credit standards for trade-line review,             2 B   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Missing Final 1003 Schedule of Real Estate Owned amended to reflect [REDACTED] $[REDACTED] present market value, $[REDACTED] amount of mortgageb, $[REDACTED] PITIA, $[REDACTED]gross rental income, $[REDACTED] mortgage payment and $[REDACTED] insurance, taxes, HOA.  Changes to be acknowledged by Borrower.     Reviewer Comment (2019-10-04): Rec'd corrected, signed final 1003.


Buyer Comment (2019-10-03): Please review


Reviewer Comment (2019-08-14): Lender responds, "Per UW: Please use the [REDACTED]".  Most recent returns in file are for [REDACTED] tax year.  A [REDACTED] Extension is in file.   Loan file documents subject property, primary residence, 11 investments disclosed on Schedule of REO per Final 1003 and 1 purchased [REDACTED].  [REDACTED] and Schedule E's were used for verification of annual property taxes, hazard insurance and HOA if properties were included in schedule and if information was included in schedule.  EV3 exceptions were added for individual properties for any missing mortgage statements and or annual property taxes, and or hazard insurance and or HOA for missing information that [REDACTED] Schedule E and attached statements could not document.
 10/04/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing [REDACTED], verification of annual hazard insurance and HOA for primary residence [REDACTED] 178.96 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $10,984.46		 Originator

Originator		 Reviewer Comment (2019-09-27): Rec'd CRE - D300; HOA calculated using [REDACTED] report
     09/27/2019 2 B   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing evidence of annual hazard insurance for investment property [REDACTED] that secures[REDACTED]mortgage loan.     Reviewer Comment (2019-09-09): Used tax returns
 09/09/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing evidence of annual hazard insurance for investment property [REDACTED] that secures [REDACTED] mortgage loan.     Reviewer Comment (2019-09-09): Used tax returns
 09/09/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing [REDACTED] mortgage statement verifying $[REDACTED] payment for investment property [REDACTED]t includes escrow for property taxes and hazard insurance.  Most recent 1040's in file, [REDACTED], document only that no annual HOA dues are reported.     Reviewer Comment (2019-09-09): Used tax returns
 09/09/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing [REDACTED] mortgage statement verifying $[REDACTED] payment for investment property [REDACTED]includes escrow for property taxes and hazard insurance.  Missing verification of annual HOA or Borrower's signed attestation letter that HOA dues are not required for property. Most recent 1040's in file, [REDACTED], do not include property on Schedule E(s).     Reviewer Comment (2019-09-27): Rec'd First payment letter signed and dated on [REDACTED] with first payment due on [REDACTED] and copy of appraisal report showing monthly HOA of $149.00; exception cleared.


Buyer Comment (2019-09-25): Per the Appraisal Report, there is HOA of $149/mo.
 09/27/2019     1 A   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing [REDACTED] mortgage statement verifying $1[REDACTED]payment for investment property [REDACTED] includes escrow for property taxes and hazard insurance.  Missing verification of annual HOA or Borrower's signed attestation letter that HOA dues are not required for property. Most recent 1040's in file, [REDACTED], do not include property on Schedule E(s). 178.96 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $10,984.46		 Originator

Originator		 Reviewer Comment (2019-09-27): Rec'd CRE - D300; HOA calculated using [REDACTED] report
     09/27/2019 2 B   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing [REDACTED] mortgage statement verifying $[REDACTED] payment for investment property [REDACTED] includes escrow for property taxes and hazard insurance.  Missing verification of annual HOA or Borrower's signed attestation letter that HOA dues are not required for property. Most recent 1040's in file, [REDACTED] do not include property on Schedule E(s). 178.96 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $10,984.46		 Originator

Originator		 Reviewer Comment (2019-09-27): Rec'd CRE - D300; HOA calculated using [REDACTED] website
     09/27/2019 2 B   CA Investment Purchase   B B B B A A B A N/A N/A No
207555305 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Statement(s) not provided   Missing[REDACTED] mortgage statement verifying $[REDACTED]payment for investment property[REDACTED] includes escrow for property taxes and hazard insurance.  Missing verification of annual HOA or Borrower's signed attestation letter that HOA dues are not required for property. Most recent 1040's in file, [REDACTED], do not include property on Schedule E(s). 178.96 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $10,984.46		 Originator

Originator		 Reviewer Comment (2019-09-27): Rec'd CRE - D300; HOA calculated using [REDACTED] report
     09/27/2019 2 B   CA Investment Purchase   B B B B A A B A N/A N/A No
207555306 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Lender used higher qualifying income than verified by audit. Missing a copy of Borrower's personal bank statement period ending [REDACTED]. 727 representative FICO score > 600guideline minimum

Borrower on this 12 months personal bank statement documentation loan has a disposable income of $2886

95 months reserves > 4 months guideline minimum - borrowers have verified reserves of $172k		 AMC

AMC

AMC		 Reviewer Comment (2019-09-07): Received CRE D188


Reviewer Comment (2019-08-30): Rec'd missing bank statement and updated bank statement worksheet.  Reverified all deposits and Housing ratio is now at 41.79668%.  Verified 12 month average qualifying income is $5,009.80 and Lender used stated income of $5582.65.  Lender did not exclude all non-income transfers from personal accounts or full amount of large deposit from [REDACTED] (Lender excluded $5499.00 and actual amount is $10,368.00).  Lender also used incorrect deposit amount for [REDACTED]; Lender used deposit amount from [REDACTED] statement $5244.88 and actual [REDACTED] deposit total is 3680.04 ($0.04 excluded).  Exception remains EV3.
     09/07/2019 2 B   AZ Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207555306 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - 12-months personal bank statements program. 11-months verified. Missing copy of Borrower's personal bank statement from  [REDACTED] account # [REDACTED]  dated [REDACTED].     Reviewer Comment (2019-08-30): Rec'd missing bank statement; exception cleared.
 08/30/2019     1 A   AZ Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207555307 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD did not reflect the amount that exceeded tolerance and no cure was provided.     Reviewer Comment (2019-08-20): Tolerance exceptions are addressed. Exception Cleared.
 08/20/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555307 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Borrower is short funds for closing due the most recent statement provided shows an account balance is $ [REDACTED] as of [REDACTED].     Reviewer Comment (2019-09-18): received updated bank statements


Reviewer Comment (2019-08-21): [REDACTED] account with a balance of $24,710.83 on [REDACTED] has been included at 85% per guidelines and cannot be used as closing funds without proof of liquidation and receipt of funds; exception remains EV3.


Buyer Comment (2019-08-19): plz not balance is $24,709.49 not $21,004.21. so hopefully with that adjustment we should be good with closing cost
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Final CD dated [REDACTED] shows an additional fee added to section C however no valid change of circumstance provided. A cure is due the borrower.     Reviewer Comment (2019-08-20): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 08/20/2019     1 A   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 A C B A A Non QM Non QM Yes
207555307 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold)       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company


Reviewer Comment (2019-09-07): Disclosure not provided.
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.55436% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $ [REDACTED]  on a Federal Total Loan Amount of $ [REDACTED] vs. an allowable total of $ [REDACTED] .  Non-Compliant High Cost Loan.       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Legal / Regulatory / Compliance Anti-Predatory Violation (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Compliance State Compliance (State High Cost) Texas High-Cost Loan (Points and Fees) Texas Anti-Predatory Lending Statute: Points and Fees on subject loan of 5.55436% is in excess of the allowable maximum of  5.00000% of the Total Loan Amount. Points and Fees total $ [REDACTED]  on a Total Loan Amount of $ [REDACTED]  vs. an allowable total of $ [REDACTED] .  Compliant High Cost Loan.       Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207555307 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section C Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Shop For. $ [REDACTED]  lender's title insurance in Section C does not have a payee listed.     Reviewer Comment (2019-09-18): Updated paid to for the title insurance company
 09/18/2019     1 A   TX Primary Purchase Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
207555307 [REDACTED]         Compliance Compliance Miscellaneous Compliance Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - $ [REDACTED] lender's title insurance in Section C does not have a payee listed.     Reviewer Comment (2019-09-18): Updated with proof of paid to
 09/18/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207555307 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-08-20): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   08/20/2019   2 B   TX Primary Purchase   C B C A C B A A Non QM Non QM Yes
207555311 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Investment Purchase   C A C A     C A     No
207555311 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. -       Reviewer Comment (2019-08-12): Purchase transaction.  $3,450.00 market rents from the appraisal will be used to calculate the Debt Service Coverage Ratio (DSCR).


Buyer Comment (2019-08-08): [REDACTED] doesn't use any calculations in our guides using Inverse DSCR please point out in our guide where this is stated?
 08/12/2019     1 A   CT Investment Purchase   C A C A     C A     No
207555311 [REDACTED]         Credit Guideline General DSCR is less than 90%. -       Reviewer Comment (2019-08-12): Purchase transaction.  $3,450.00 market rents from the appraisal will be used to calculate the Debt Service Coverage Ratio (DSCR).


Buyer Comment (2019-08-08): Are you using the Market rents of $3450? As this is a 2 unit; it appears that you are using $2200/2886.86 = .76 for DSCR. When is should be $3450 not the $2200
 08/12/2019     1 A   CT Investment Purchase   C A C A     C A     No
207555311 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Articles of Organization/Formation not provided   Missing [REDACTED] article of incorporation reflecting[REDACTED]     Reviewer Comment (2019-08-14): Note is in the name of an individual


Buyer Comment (2019-08-13): Note: This Investor Cash Flow Loan closed as an Individual and no Income was used; no Corp/LLC etc. This is an Invalid exception. This is only used for when the Title closes in a LLC/Corp. Not as an Individual
 08/14/2019     1 A   CT Investment Purchase   C A C A     C A     No
207555312 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Purchase   C A C A     C A     No
207555312 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Certificate of Good Standing not provided         Reviewer Comment (2019-08-12): Document not required by guidelines


Reviewer Comment (2019-08-08): Received Closing Protection Letter. Need Certificate of Good Standing for business entity signing the Note.
 08/12/2019     1 A   FL Investment Purchase   C A C A     C A     No
207555315 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require         Reviewer Comment (2019-08-12): Assets are sufficient. [REDACTED] is cash account and usability is 100%; exception cleared.
 08/12/2019     1 A   NV Investment Purchase   C A C A     C A     No
207555315 [REDACTED]         Credit Fix and Flip General Insufficient funds for Reserves.         Reviewer Comment (2019-08-12): Assets are sufficient. [REDACTED] is cash account and usability is 100%; exception cleared.


Buyer Comment (2019-08-08): The [REDACTED] had $127,469.32 not $82,855.06.
Please review.
 08/12/2019     1 A   NV Investment Purchase   C A C A     C A     No
207555315 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Investment Purchase   C A C A     C A     No
207562807 [REDACTED] 521184       Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Desk review provided is for a different borrower/property.     Reviewer Comment (2019-07-26): Received Desk Review.


Seller Comment (2019-07-26): See attached Desk Review
 05/15/2019     1 A   CA Investment Refinance - Rate/Term   C A C A A A C A N/A N/A No
207562807 [REDACTED] 521184       Credit Income / Employment Income Documentation Income Docs Missing: - Independent 3rd Party Search does not show [REDACTED] is registered in the state of California as a business entity and name of CPA is not listed as having a CPA license in CA.  Please provide evidence CPA is licensed in California.     Reviewer Comment (2019-07-26): Received verification licensed tax preparer in CA.


Buyer Comment (2019-07-26): ([REDACTED])please see attached, individual is a CA licensed tax preparer.


Seller Comment (2019-07-26): Per the Underwriter CPA not required if borrower did not use business funds to close - borrower received cash back - no business funds were needed


Reviewer Comment (2019-07-26): Received third party verification of borrowers business, however CPA letter provided also need for business use fo funds and CPA is not listed as having a CPA license in CA. Please provide evidence CPA is licensed in California.


Seller Comment (2019-07-26): Please see attached [REDACTED] showing borrowers business [REDACTED] documenting more than 2 years [REDACTED] business
 05/30/2019     1 A   CA Investment Refinance - Rate/Term   C A C A A A C A N/A N/A No
207562808 [REDACTED] 519481       Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing Borrower  [REDACTED] W-2 for  [REDACTED]     Reviewer Comment (2019-07-26): Application date [REDACTED], [REDACTED]'s not required.


Reviewer Comment (2019-07-26): The 4506-T provided in file requests tax years [REDACTED], No results found [REDACTED] was not provided and the 4506-T is to request documentation concerning the year or years for which the borrowers income was or will be used in underwriting.


Buyer Comment (2019-07-26): ([REDACTED])Please review.  Condition not applicable.  [REDACTED] not required.  File contains [REDACTED] W2s and transcripts and current paystub.
 05/14/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Income / Employment Income Documentation Income Docs Missing:   Missing  [REDACTED]  W-2 transcripts for Borrower     Reviewer Comment (2019-07-26): Application date [REDACTED], [REDACTED]'s not required.


Reviewer Comment (2019-07-26): The 4506-T provided in file requests tax years [REDACTED], No results found [REDACTED] was not provided and the 4506-T is to request documentation concerning the year or years for which the borrowers income was or will be used in underwriting.


Buyer Comment (2019-07-26): ([REDACTED])Please review.  Condition not applicable.  [REDACTED] not required.  File contains [REDACTED] W2s and transcripts and current paystub.
 05/14/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Income / Employment Income Documentation Income Docs Missing:   Missing Co-borrower  [REDACTED]  W-2 transcripts     Reviewer Comment (2019-07-26): Application date [REDACTED], [REDACTED]'s not required.


Reviewer Comment (2019-07-26): The 4506-T provided in file requests tax years [REDACTED], No results found [REDACTED] was not provided and the 4506-T is to request documentation concerning the year or years for which the borrowers income was or will be used in underwriting.


Buyer Comment (2019-07-26): ([REDACTED])Please review.  Condition not applicable.  [REDACTED] not required.  File contains [REDACTED] W2s and transcripts and current paystub.
 05/14/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing Co-borrower [REDACTED]  W-2 for  [REDACTED]     Reviewer Comment (2019-07-26): Application date [REDACTED], [REDACTED]'s not required.


Reviewer Comment (2019-07-26): The 4506-T provided in file requests tax years [REDACTED], No results found [REDACTED] was not provided and the 4506-T is to request documentation concerning the year or years for which the borrowers income was or will be used in underwriting.


Buyer Comment (2019-07-26): ([REDACTED])Please review.  Condition not applicable.  [REDACTED] not required.  File contains [REDACTED] W2s and transcripts and current paystub.
 05/14/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Credit Credit Documentation Missing Letter of Explanation regarding derogatory credit.   Missing letter of explanation for late payments on  [REDACTED]  account ending [REDACTED]     Reviewer Comment (2019-07-26): Received LOE  for late payments on [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 05/13/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Credit Credit Documentation Missing Letter of Explanation regarding derogatory credit.   Missing letter of explanation for late payments on  [REDACTED]  account ending  [REDACTED] 0 X 30 24 month housing history (44 months reported on credit report)

FICO score above minimum by 20 points or greater 717 vs 680

DTI below max by 5% or greater 38.75283% vs 50.000%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Account is current.   Borrower's fico and mortgage history demonstrate borrowers willingness to pay.  [REDACTED] to waive based on compensating factors:
DTI below max by 5% or greater 38.75283% vs 50.000%
FICO score above minimum by 20 points or greater 717 vs 680
0 X 30 24 month housing history (44 months reported on credit report)


Reviewer Comment (2019-07-26): Page 7 of 12 of credit report with a revised date [REDACTED] reflects 1 30 days late for [REDACTED], under co borrower.


Buyer Comment (2019-07-26): ([REDACTED])please review.  Condition does not appear to be valid.  No delinquency noted for [REDACTED] account on credit report.
     05/15/2019 2 B   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter of explanation for inquiries within 90 days of application -  [REDACTED]  [REDACTED]     Reviewer Comment (2019-07-26): Received LOE for inquiries within 90 days of application.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 05/13/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Loan Package Documentation Application / Processing Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided         Reviewer Comment (2019-07-26): Received the 1008.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 05/13/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562808 [REDACTED] 519481       Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy.   Per  [REDACTED]  core guidelines, max starting LTV is  [REDACTED]  65% LTV is less than calculated LTV of 70%. Guideline exception waiver was not found on file     Reviewer Comment (2019-07-26): Re-open to clear.


Reviewer Comment (2019-07-26): Per [REDACTED] guidelines, max starting LTV is 90% - 10% investment - 10% Cash-out < 720 FICO, max DTI 70%


Buyer Comment (2019-07-26): ([REDACTED])please review.  Condition does not appear to be valid.  Bwr paid off 1 mtg [REDACTED], cash to borrower was [REDACTED].  5% LTV for Cash-out > 500K is not applicable.  Max LTV is 70%.
 05/14/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562810 [REDACTED] 519125       Credit Insurance Insurance Analysis Insufficient Coverage: Flood insurance coverage amount is insufficient.   Coverage = $ [REDACTED] .  Estimated Cost New = $ [REDACTED] .  Loan Amount = $ [REDACTED] .  Please provide either a replacement cost estimator verifying insurance coverage is sufficient or an updated insurance policy reflecting an increased coverage amount.     Reviewer Comment (2019-07-26): Received evidence of insurance company's replacement cost. Coverage is sufficient.


Reviewer Comment (2019-07-26): Documentation from the property insurer to establish their opinion of the property's true replacement cost in order to determine if the amount of coverage is sufficient was not provided.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached for cond [REDACTED]
 02/19/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562810 [REDACTED] 519125       Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage = $ [REDACTED] .  Estimated Cost New = $ [REDACTED] .  Loan Amount = $ [REDACTED] .  Please provide either a replacement cost estimator verifying insurance coverage is sufficient or an updated insurance policy reflecting an increased coverage amount. Time on Job of 5 years or greater:  6.31 years

DTI below max by 5% or greater. 19.41% vs 50%		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive the exception with verified compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive w/comp factors - HOI indicates 100% replacement.
DTI below max by 5% or greater. 19.41% vs 50%
Time on Job of 5 years or greater:  6.31 years


Reviewer Comment (2019-07-26): Unable to clear refer to client.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.


Reviewer Comment (2019-07-26): Unable to verify what the 100% replacement value is & if coverage is sufficient, without documentation from the insurer. Exception remains.


Reviewer Comment (2019-07-26): The policy provided reflects 100% replacement however, documentation from the property insurer to establish their opinion of the property's true replacement cost in order to determine if the amount of coverage is sufficient was not provided.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached for cond [REDACTED]
     02/21/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562811 [REDACTED] 518696       Credit Missing Document General Missing Document: Rent Comparison Schedule not provided   Although borrower is not using rental income to qualify, per  [REDACTED]  guidelines Form 100 Schedule of Rents is required on all Non-Owner Occupied Single Family residences.     Reviewer Comment (2019-07-26): Seller has provided required rent schedule.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 02/12/2019     1 A   LA Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207562811 [REDACTED] 518696       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. DTI of 55.03% exceeds 50% minimum on  [REDACTED]  Investment property guidelines.  It is indicated client has approved DEI of 54.8%, however no evidence found of Client's Eligibility Waiver found in file.  Please provide verification of client's approval to waive this exception at 55.03%.  It appears the variance in the DTI is due to  $37.50 Flood insurance.  1008 and application indicates it is included in the mortgage payment, however the Flood Insurance Policy indicates borrower pays. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater, 707 vs 680

Time on Job of 5 years or greater:  23.44 years		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive based on compensating factors:
Time on Job of 5 years or greater:  23.44 years
FICO score above minimum by 20 points or greater, 707 vs 680
0 X 30 24 month housing history


Reviewer Comment (2019-07-26): Unable to clear refer to client. Seller comments state: The property was not yet under a new lease however the schedule does show they should easily rent for a decent amount. The 1008 does show that no rent from subject property is needed to qualify though it will be rented upon completion of current renovation. Requesting a waiver as the loan does not need the rent to qualify and with the expectation of $4000 of rent soon coming, the $4000 could offset the $37.50 for flood insurance.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
     02/20/2019 2 B   LA Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207562811 [REDACTED] 518696       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. Please provide verification borrower received a copy of the desk review reflecting a decrease in value.     Buyer Comment (2019-07-26): non-material.  Borrower was provided a copy of appraisal
     02/13/2019 2 B   LA Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207562811 [REDACTED] 518696       Compliance Compliance Federal Compliance FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.       Reviewer Comment (2019-07-26): Received evidence borrower was provided FACTA disclosure [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 02/12/2019     1 A   LA Investment Refinance - Cash-out - Other   C B C B B B A A N/A N/A No
207562812 [REDACTED] 519567       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.80560% or Final Disclosure APR of 8.86900% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%.  Compliant Higher Priced Mortgage Loan. The subject is a complaint Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Complaint Higher Priced Mortgage Loan.
     05/20/2019 1 A   KY Primary Purchase   C A C A C A A A Non QM Non QM No
207562812 [REDACTED] 519567       Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 The Final CD was provided and acknowledged on  [REDACTED]  which was the same date the loan closing. The Final CD also disclosed an APR of 8.869% which was an increase of 0.251% from the Initial CD's disclose APR of 8.618%. The increase in the APR requires a 3 business day waiting period prior consummation.     Reviewer Comment (2019-07-26): Received duplicated CD dated [REDACTED] e-signed by borrower on [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])
PRMG - [REDACTED] - 21h agoPortal
Borrower e-signed the [REDACTED] CD


Reviewer Comment (2019-07-26): [REDACTED] received 3 CD's [REDACTED] and [REDACTED].  The last revision done on [REDACTED] was not signed by the Borrower and evidence of earlier receipt was not provided.  Mailbox rule applied, received on [REDACTED] which does not give 3 business days prior to closing on [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.


Reviewer Comment (2019-07-26): Pending revised cd for review or exception to remain


Buyer Comment (2019-07-26): ([REDACTED])
PRMG - [REDACTED] - [REDACTED] 11:17:11 AM EDTPortal
It appears that [REDACTED] did not have the CDs
 06/03/2019     1 A   KY Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562812 [REDACTED] 519567       Credit Credit Miscellaneous Credit Exception:   Provide Letter of Explanation for pay-stub issued[REDACTED] reflecting same current and YTD earnings of $ [REDACTED] . Prior pay-stub submitted for period ending[REDACTED] reflects YTD income of $ [REDACTED] . Most recent work number income verification was dated[REDACTED] [REDACTED]  and reflects base salary of $ [REDACTED]  for YTD.     Reviewer Comment (2019-07-26): Paystubs reflect Employer name change from [REDACTED] to [REDACTED].


Reviewer Comment (2019-07-26): As of [REDACTED] no new documentation has been provided.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/29/2019     1 A   KY Primary Purchase   C A C A C A A A Non QM Non QM No
207562812 [REDACTED] 519567       Credit Credit Miscellaneous Credit Exception:   Provide clarification and supporting documentation for credit debt to  [REDACTED]  for $ [REDACTED]  with monthly payment of $ [REDACTED]  and 56 months left to pay  included in DTI at origination. Credit report does not reflect account.  [REDACTED] bank statements are only source linking a recurring payment to  [REDACTED] , however the payments are inconsistent and do not reflect a monthly or total payment due.     Reviewer Comment (2019-07-26): Account is reported as Paid. Account is reflected as [REDACTED] match 1003.


Reviewer Comment (2019-07-26): As of [REDACTED] no new documentation has been provided.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/29/2019     1 A   KY Primary Purchase   C A C A C A A A Non QM Non QM No
207562813 [REDACTED] 520154       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 (2019-07-26): Non-material: worst case used for testing.


Reviewer Comment (2019-07-26): Received COC however borrowers rate lock is required.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
     05/20/2019 2 B   WI Primary Purchase   C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       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 $ [REDACTED] and disclosure timing violations. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/07/2019     1 A   WI Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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.     Buyer Comment (2019-07-26): Non-material.


Reviewer Comment (2019-07-26): [REDACTED] reviewed exception. The fee was disclosed om the [REDACTED] CD without a valid COC. Please provide COC if available or corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Buyer Comment (2019-07-26): ([REDACTED])
[REDACTED] - 22h agoPortal
eConsent was accepted [REDACTED]. This was provided for exception id [REDACTED] last week
     05/20/2019 2 B   WI Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207562813 [REDACTED] 520154       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 evidence disclosure was provided to borrower.     Reviewer Comment (2019-07-26): Received evidence borrower was provided the Home Loan Toolkit


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/17/2019     1 A   WI Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       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 $60.00 exceeds tolerance of $0.00 plus 10% or $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.
 05/07/2019     1 A   WI 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
207562813 [REDACTED] 520154       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): [REDACTED] received [REDACTED] LE and COC. Exception Cleared.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.


Reviewer Comment (2019-07-26): [REDACTED] reviewed exception. The fee was disclosed om the [REDACTED] CD without a valid COC. Please provide COC if available or corrected CD, LOE, Refund Check, and Proof of Delivery to cure.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] - 22h agoPortal
eConsent was accepted [REDACTED]. This was provided for exception id [REDACTED] last week
 05/31/2019     1 A   WI 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
207562813 [REDACTED] 520154       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 $990.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.
 05/07/2019     1 A   WI 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
207562813 [REDACTED] 520154       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. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.
 05/07/2019     1 A   WI 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
207562813 [REDACTED] 520154       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 $470.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.
 05/07/2019     1 A   WI 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
207562813 [REDACTED] 520154       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 $20.60 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for  [REDACTED]  LE signed electronically by borrower.  Per SFIG 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 (2019-07-26): Received evidence of borrowers consent to receive electronic documents.
 05/07/2019     1 A   WI 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
207562813 [REDACTED] 520154       Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. Missing evidence disclosure was provided to the borrower.     Reviewer Comment (2019-07-26): Received evidence borrower was provided ARM Disclosure


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/07/2019     1 A   WI Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       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 was provided to the borrower.     Reviewer Comment (2019-07-26): Received evidence borrower was provided CHARM Booklet


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/07/2019     1 A   WI Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.84120% or Final Disclosure APR of 7.90600% is in excess of allowable threshold of APOR 4.69% + 1.5%, or 6.19000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/03/2019 1 A   WI Primary Purchase   C B C B C B A A Non QM Non QM No
207562813 [REDACTED] 520154       Credit Credit Miscellaneous Credit Exception:   Client approved an exception for less than 50% ownership on personnel bank statement program. Borrower owns 35% of  [REDACTED] . Residual income $1,000 greater than minimum required.  $4,164.91 vs $2,500.

Guideline variance approved by lender at time of origination.  [REDACTED] for Borrower not being used for qualifying.  The borrower has ownership in [REDACTED], this income was not used for qualifying.		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client approved exception.
     05/03/2019 2 B   WI Primary Purchase   C B C B C B A A Non QM Non QM No
207562814 [REDACTED] 521058       Credit Income / Employment Income Documentation Income Docs Missing: - Missing  [REDACTED]  4506-T business tax transcripts.   [REDACTED] c program requires tax transcripts for the year used in qualifying.  File has [REDACTED] , however indicates 4506-T transcripts were not found.     Reviewer Comment (2019-07-26): Business income is validated on the borrowers 1040's, business tax transcripts not required.


Buyer Comment (2019-07-26): ([REDACTED])Pre-close response: business transcripts are not required when the personal transcripts reported the income from the business.  File contains personal 1040 [REDACTED].
 05/20/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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 (2019-07-26): Received evidence borrower was provided Homeownership Counseling List


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/22/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       Compliance Compliance Federal Compliance ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower.       Reviewer Comment (2019-07-26): Received evidence borrower was provided with the ARM Disclosure


Buyer Comment (2019-07-26): ([REDACTED])Disclosure tracking uploaded to [REDACTED].
 05/22/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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 (2019-07-26): Received evidence borrower was provided with the CHARM Booklet


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/22/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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. Initial LE is missing from the loan docs.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.
 05/16/2019     1 A   FL Primary Purchase Good faith redisclosure C A C A C A A A Non QM Non QM Yes
207562814 [REDACTED] 521058       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. Initial disclosures are missing from the loan docs     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-07-26): ([REDACTED])Disclosures for all comp conditions.
 05/16/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM Yes
207562814 [REDACTED] 521058       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. Initial disclosures are missing from the loan docs     Reviewer Comment (2019-07-26): Received evidence borrower was provided with the Home Loan Toolkit


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/22/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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. Evidence of earlier disclosure not found in file.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.
 05/16/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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 $ [REDACTED]  may be required. Missing initial LE.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.
 05/16/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing 2 months bank statements for account # [REDACTED] .  Activity statement from[REDACTED] to[REDACTED] provided.   Guidelines require 2 complete months.     Reviewer Comment (2019-07-26): Received missing bank statements.


Buyer Comment (2019-07-26): ([REDACTED])Pre-close response:
The file contained two complete months bank statements + a printout with end date of [REDACTED] w/ balance $167k from [REDACTED] the account has two accounts in one statement the [REDACTED].  The actual statement end date is [REDACTED].  The gap (balance) from the bank statement end date to the printout begin date can be lined up but the deposit made $11,000.00 on the printout.  The deposits is within the 50% threshold not to be sourced since income is over $30k per month.  Loan has sufficient funds to close and 6 months reserve requirement.
 05/20/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing 2 months bank statements for account # [REDACTED] .  Activity statement from[REDACTED] to[REDACTED] provided.   Guidelines require 2 complete months.     Reviewer Comment (2019-07-26): Received 2 months statements.


Buyer Comment (2019-07-26): ([REDACTED])Pre-close response:
The file contained two complete months bank statements + a printout with end date of [REDACTED] w/ balance $167k from [REDACTED] the account has two accounts in one statement the [REDACTED].  The actual statement end date is [REDACTED].  The gap (balance) from the bank statement end date to the printout begin date can be lined up but the deposit made $11,000.00 on the printout.  The deposits is within the 50% threshold not to be sourced since income is over $30k per month.  Loan has sufficient funds to close and 6 months reserve requirement.
 05/20/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207562814 [REDACTED] 521058       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 $250.00 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. No Changed circumstance was included for the changes on  [REDACTED] .         05/16/2019   1 A   FL Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
207562815 [REDACTED] 520318       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 Investment) Applications reflect current address of borrowers as subject property.  A letter from the borrowers indicate they are purchasing  [REDACTED]  as their primary residence and  [REDACTED]  will be living at subject property.  File does have a purchase contract dated [REDACTED] for  [REDACTED] . signed by borrowers and two other people. Final 1003 indicates Co-borrower intends to occupy property as primary residence.     Reviewer Comment (2019-07-26): Exception already cleared.


Buyer Comment (2019-07-26): ([REDACTED])please see docs


Reviewer Comment (2019-07-26): Received updated 1003, Act of Sale and CD for purchase of borrowers new primary.
 03/14/2019     1 A   LA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
207562815 [REDACTED] 520318       Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Questionable Occupancy: Valuation occupancy differs from occupancy on loan approval. - Applications reflect current address of borrowers as subject property.  A letter from the borrowers indicate they are purchasing  [REDACTED]  as their primary residence and  [REDACTED]  will be living at subject property.  File does have a purchase contract dated [REDACTED] for  [REDACTED] . signed by borrowers and two other people. Final 1003 indicates Co-borrower intends to occupy property as primary residence.     Reviewer Comment (2019-07-26): Received updated 1003, letter of explanation stating it was an error, copy of CD from purchase of new property.


Reviewer Comment (2019-07-26): Received updated 1003, Act of Sale and CD for purchase of borrowers new primary.
 03/18/2019     1 A   LA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
207562815 [REDACTED] 520318       Credit Credit Miscellaneous Credit Exception:   Missing verification of PITI for property located at [REDACTED] .  Data from Final application used in DTI calculations.     Reviewer Comment (2019-07-26): Received Final CD and 1st payment letter.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 03/18/2019     1 A   LA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
207562815 [REDACTED] 520318       Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Preliminary title reflects borrower and co-borrower with 1/2 interest and what appears to be a relative with 1/2 interest.  Security instrument reflects borrower and wife as husband and wife with the relative signing solely as intervenor acknowledging a mortgage will be placed against the property.     Reviewer Comment (2019-07-26): Vesting concurs with Deed. Additional owner signed Security Interest.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 03/18/2019     1 A   LA Investment Refinance - Cash-out - Other   C A C A C A A A N/A N/A No
207562816 [REDACTED] 520038       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.03520% or Final Disclosure APR of 8.04500% is in excess of allowable threshold of APOR 4.44% + 1.5%, or 5.94000%.  Compliant Higher Priced Mortgage Loan. The APR of 8.04500% is in excess of allowable threshold of  5.94000% allowed for the loan..     Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     03/07/2019 1 A   VA Primary Purchase   C A C A C A A A Non QM Non QM No
207562816 [REDACTED] 520038       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. CD reflects $153.  Unable to determine total amount without verification of E-Consent prior to or on[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided


Buyer Comment (2019-07-26): ([REDACTED])doc uploaded [REDACTED]
 03/12/2019     1 A   VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207562816 [REDACTED] 520038       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 (2019-07-26): disclosure summary provided confirms home loan tool kit sent to borrower.
 03/12/2019     1 A   VA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562816 [REDACTED] 520038       Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 issued[REDACTED] reflects $ [REDACTED]  loan amount @6.625% for APR of 6.738%.  CD issued[REDACTED] reflects $ [REDACTED] loan amount @7.635% for APR of 8.04%. No evidence of CD issued 3 business days prior to closing date reflecting these changes found in file.     Reviewer Comment (2019-07-26): revised cd and proof of receipt provided
 03/12/2019     1 A   VA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562816 [REDACTED] 520038       Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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 $ [REDACTED] . Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207562816 [REDACTED] 520038       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 $99.00 exceeds tolerance of $0.00 plus 10% or $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED.  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided


Buyer Comment (2019-07-26): ([REDACTED])doc uploaded [REDACTED]
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee disclosed on[REDACTED] LE as $ [REDACTED]  and as $ [REDACTED] 1 on Final CD.  No evidence of VCC found in file to justify this increase.     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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 $990.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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 $465.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided


Buyer Comment (2019-07-26): ([REDACTED])doc uploaded [REDACTED]
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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 $30.25 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Missing E-Consent for[REDACTED] LE signed electronically by borrower on[REDACTED].  Per SFIG 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. E-sign consent provided date[REDACTED].     Reviewer Comment (2019-07-26): E-Consent provided
 03/12/2019     1 A   VA 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
207562816 [REDACTED] 520038       Credit Income / Employment Income Documentation Income Docs Missing: - Missing borrower's signature on P&L and/or EAS as required per  [REDACTED] .   Although bank statement accounts are personal, there is co-mingling of personal and business receipts per letter of explanation from borrower.   Guidelines require these bank statements to be submitted using the business bank statement guidelines along with 2 months of business bank statements to validate borrower utilizes separate bank accounts.  All requirements have been met except for borrower's signature.  Note;  AES and 1008 verify qualifying income was from P&L method which is one of the options on the Business Bank Statement Program.     Reviewer Comment (2019-07-26): Received Signed P&L.


Buyer Comment (2019-07-26): ([REDACTED])Doc uploaded [REDACTED]
 03/13/2019     1 A   VA Primary Purchase   C A C A C A A A Non QM Non QM No
207562817 [REDACTED] 520768       Credit Missing Document General Missing Document: Rent Comparison Schedule not provided         Reviewer Comment (2019-07-26): Upon further research, exception has been cleared. Borrowers were qualified with the full PITI for the subject investment property; Form 1007 is not required.


Buyer Comment (2019-07-26): 1007 not needed as no rental income from subject property being used to qualify.
 03/06/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207562818 [REDACTED] 518403       Property Property - Appraisal Appraisal Reconciliation Desk Review value is less than Appraised value by at least 10%.   Missing additional tool within 10% of qualifying value.  Desk Review exceeded 10% difference from the appraisal.     Reviewer Comment (2019-07-26): Additional desk review provided.


Buyer Comment (2019-07-26): ([REDACTED])please review recon.  [REDACTED] seller to lower value during origination process.
 01/09/2019     1 A   CA Investment Refinance - Cash-out - Other   C B B A B B C A N/A N/A No
207562818 [REDACTED] 518403       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. The loan application date is [REDACTED] and the Right to Receive a Copy of the Appraisal is dated [REDACTED], which is not within 3 business days.     Buyer Comment (2019-07-26): non-material:  Seller was closed [REDACTED] and [REDACTED] for the [REDACTED] Holiday.
     01/10/2019 2 B   CA Investment Refinance - Cash-out - Other   C B B A B B C A N/A N/A No
207562818 [REDACTED] 518403       Credit Data Verification General The Investor's qualifying total debt ratio is less than the QM qualifying total debt ratio. Investor's qualifying DTI: ___
QM qualifying DTI: ___		 DTI is calculated at 37.43126%.  Loan is non QM, QM ratios calculated at highest payment in first 5 years.     Reviewer Comment (2019-07-26): After further review calculated DTI and QM DTI are within guidelines.


Buyer Comment (2019-07-26): ([REDACTED])please review... does not appear to be a valid condition
 01/08/2019     1 A   CA Investment Refinance - Cash-out - Other   C B B A B B C A N/A N/A No
207562818 [REDACTED] 518403       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:Addition[REDACTED]/ [REDACTED] ) New Exception [REDACTED]:  Please provide verification borrower received a copy of all valuations at least 3 days prior to closing to cure this exception.     Buyer Comment (2019-07-26): non-material:  Appraiser made a clerical update that did not impact value.  Original appraisal provided to borrowers.
     01/10/2019 2 B   CA Investment Refinance - Cash-out - Other   C B B A B B C A N/A N/A No
207562819 [REDACTED] 520907       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.43580% or Final Disclosure APR of 6.48800% is in excess of allowable threshold of APOR 4.34% + 1.5%, or 5.84000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/15/2019 1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562819 [REDACTED] 520907       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.43580% or Final Disclosure APR of 6.48800% is in excess of allowable threshold of APOR 4.34% + 1.5%, or 5.84000%.  Compliant Higher Priced Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/15/2019 1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562819 [REDACTED] 520907       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. CD data field is blank, calculates to be $ [REDACTED] due to increase in discount fees.     Reviewer Comment (2019-07-26): Valid COC provided for 2 LD fee changes.


Seller Comment (2019-07-26): Received COC and CD issued [REDACTED]. Change in Interest Rate, Loan Amount and Lock Extension. Points were increased from $14,114.75 to $19,565.00. However, Final CD reflects an increase in points to $22,815.00. Missing valid COC for final points charged of $22,815.00.


Reviewer Comment (2019-07-26): Received COC and CD issued [REDACTED]. Change in Interest Rate, Loan Amount and Lock Extension. Points were increased from $14,114.75 to $19,565.00. However, Final CD reflects an increase in points to $22,815.00. Missing valid COC for final points charged of $22,815.00.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/29/2019     1 A   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
207562819 [REDACTED] 520907       Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Final CD issued on  [REDACTED]  reflects Fixed Rate which changed from 7/1 10 year I/O reflected on  [REDACTED]  CD.  TRIID requires a revised CD be provided a minimum of 3 business days prior to closing of [REDACTED]  when there is a change in the loan product.     Reviewer Comment (2019-07-26): Received revised CD and tracking evidencing borrower  received within required timing.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/23/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
207562819 [REDACTED] 520907       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee disclosed as $ [REDACTED]  on  [REDACTED]  CD and as $ [REDACTED]  on Final CD.  No evidence of VCC found in file justifying this increase.     Reviewer Comment (2019-07-26): Valid COC provided for 2 LD fee changes.


Seller Comment (2019-07-26): Received COC and CD issued [REDACTED]. Change in Interest Rate, Loan Amount and Lock Extension. Points were increased from $14,114.75 to $19,565.00. However, Final CD reflects an increase in points to $22,815.00. Missing valid COC for final points charged of $22,815.00.


Reviewer Comment (2019-07-26): Received COC and CD issued [REDACTED]. Change in Interest Rate, Loan Amount and Lock Extension. Points were increased from $14,114.75 to $19,565.00. However, Final CD reflects an increase in points to $22,815.00. Missing valid COC for final points charged of $22,815.00.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/29/2019     1 A   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
207562819 [REDACTED] 520907       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Number of units discrepancy. Appraisal number of units of ___ does not match Guideline number of units of ___. Client approved exception for 4 Unit property when max per guidelines is 2. 0 X 30 24 month housing history

FICO score above minimum by 20 points or greater 729 vs 640

Ownership of subject property of 5 years or greater 12.17 vs 5		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Exception for allowing 4 units on a primary residence was waived per client's pre-approved waiver list.
     05/15/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562819 [REDACTED] 520907       Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator License Status Not Approved Truth in Lending Act (NMLSR Dodd- Frank 2014): Individual Loan Originator not in approved license status to conduct loan origination activities. Based on the attestation from lender that LO was licensed at time application was taken and performed a majority of LO activity while licensed, along with lender written policy on use of NMLS IDs, exception regraded to EV2-B.     Buyer Comment (2019-07-26): Based on the attestation from lender that LO was licensed at time application was taken and performed a majority of LO activity while licensed, along with lender written policy on use of NMLS IDs, exception regraded to EV2.


Reviewer Comment (2019-07-26): Based on the attestation from lender that LO was licensed at time application was taken and performed a majority of LO activity while licensed, along with lender written policy on use of NMLS IDs, exception regraded to EV2-B.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached. Related conditions have been down graded on [REDACTED].
     05/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562821 [REDACTED] 521130       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.34940% or Final Disclosure APR of 7.35200% is in excess of allowable threshold of APOR 4.69% + 2.5%, or 7.19000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     05/08/2019 1 A   NV Primary Purchase   C B C B A A A A Non QM Non QM No
207562821 [REDACTED] 521130       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 Processing Fee.  Fee Amount of $995.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure was reflected on the Final CD for fees over tolerance.         05/07/2019   1 A   NV Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
207562821 [REDACTED] 521130       Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.   424.33186%. payment shock exceeds maximum of 300% per EA Core Guidelines.  No evidence of Client's Eligibility Waiver approving this exception found in file. Residual income $1,000 greater than minimum required.  $12,076.33 vs $2,500

FICO score above minimum by 20 points or greater. 715 vs 680

Time on Job of 5 years or greater. SE for 8 years		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])UW documented compensating factors as required by [REDACTED].  [REDACTED] to waive based on compensating factors:
Time on Job of 5 years or greater. SE for 8 years
FICO score above minimum by 20 points or greater. 715 vs 680
Residual income $1,000 greater than minimum required.  $12,076.33 vs $2,500


Reviewer Comment (2019-07-26): [REDACTED] [REDACTED] guides state that payment shock exceeding 300% must be submitted to the SGCP Scenario Desk for review with an LOE documenting underwriters payment shock approval and applicable compensating factors. Comp factors have been provided however, approval and waiver was not provided.


Seller Comment (2019-07-26): See attached letter
     05/15/2019 2 B   NV Primary Purchase   C B C B A A A A Non QM Non QM No
207562821 [REDACTED] 521130       Credit Asset Asset Documentation Assets Error: Usability  was not provided   Missing Lender's evaluation of assets verifying use of business funds will not negatively impact business. as required per  [REDACTED]  Guidelines. Borrower stated in signed letter of explanation she does not use CPA and personally stated use of funds would not negatively impact business.     Reviewer Comment (2019-07-26): Received UW analysis of business account to verify use will not negatively impact business.


Seller Comment (2019-07-26): Please see attached from Underwriter


Reviewer Comment (2019-07-26): Although the $12,806 and $50,000 deposits have been sourced there are two large deposits for account ending in [REDACTED], of $20,806.00 on [REDACTED] and $25,800.00 on [REDACTED] that also require sourcing and 2 months complete bank statements are also required. In addition, Business assets would still be need for reserves ([REDACTED]). Although the borrower provided a letter stating the withdrawal of funds would not negatively impact business, guidelines require a CPA letter or the lender's evaluation of assets to verify this.


Reviewer Comment (2019-07-26): Missing complete bank statement for account ending in [REDACTED], and source of deposits of $20,806.00 on [REDACTED] and $25,800.00 on [REDACTED]. In addition, Business assets would still be need for reserves and were not evaluated by Lender. Unable to clear.


Seller Comment (2019-07-26): See attached Letter
 05/23/2019     1 A   NV Primary Purchase   C B C B A A A A Non QM Non QM No
207562822 [REDACTED] 521535       Credit Income / Employment Income Documentation Income Docs Missing: - Missing business narrative which includes detail related to the size/scope and operating profile of the business     Reviewer Comment (2019-07-26): Received the business narrative.


Seller Comment (2019-07-26): A business narrative from the borrower or a CPA including details related to size/scope and operating profile of the business was not received..


Reviewer Comment (2019-07-26): A business narrative from the borrower or a CPA including details related to size/scope and operating profile of the business was not received.


Seller Comment (2019-07-26): Income items provided
 05/31/2019     1 A   CA Investment Purchase   C B C A B B A A N/A N/A No
207562822 [REDACTED] 521535       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing page 1 of Underwriters Income analysis worksheet, page 2 provided only.  (12 month bank statement loan product)     Reviewer Comment (2019-07-26): Received page 1 of UW income analysis.


Seller Comment (2019-07-26): income sheet
 05/21/2019     1 A   CA Investment Purchase   C B C A B B A A N/A N/A No
207562822 [REDACTED] 521535       Compliance Compliance Miscellaneous Compliance Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Document preparation fee paid by seller at closing is missing the payee     Reviewer Comment (2019-07-26): A Letter of Explanation & Corrected Closing Disclosure were provided.


Seller Comment (2019-07-26): Information was corrected on subsequent CD dated [REDACTED] however the letter of explanation to the borrower was not provided.


Reviewer Comment (2019-07-26): Information was corrected on subsequent CD dated [REDACTED] however the letter of explanation to the borrower was not provided.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] - [REDACTED] - 18h agoPortal
Regarding the CD the payee name was update on our Post CD dated [REDACTED] which was shipped with our file. Please revisit this


Seller Comment (2019-07-26): Regarding the CD the payee name was update on our Post CD dated [REDACTED] which was shipped with our file. Please revisit this
   05/22/2019   2 B   CA Investment Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A N/A N/A Yes
207562823 [REDACTED] 522445       Compliance Compliance Federal Compliance FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. The FACTA disclosure was not provided.     Buyer Comment (2019-07-26): non-material disclosure.
     05/14/2019 2 B   GA Primary Purchase   B B A A B B A A Non QM Non QM No
207562823 [REDACTED] 522445       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.41880% or Final Disclosure APR of 7.48100% is in excess of allowable threshold of APOR 4.69% + 1.5%, or 6.19000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     05/10/2019 1 A   GA Primary Purchase   B B A A B B A A Non QM Non QM No
207562823 [REDACTED] 522445       Compliance Compliance Federal Compliance TRID Home Loan Toolkit Provided Unable to test disclosure of Home Loan Toolkit due to missing information. A copy of the Home Loan Tool Kit disclosure was located in file, however evidence of when it was provided to borrower was not located. Disclosure was not listed on the E-Consent / Disclosure tracking form in file.     Reviewer Comment (2019-07-26): [REDACTED] received evidence indicating when disclosure was provided to borrower.


Seller Comment (2019-07-26): See attached
 05/14/2019     1 A   GA Primary Purchase No Defined Cure B B A A B B A A Non QM Non QM No
207562823 [REDACTED] 522445       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. A copy of the Home Loan Tool Kit disclosure was located in file, however evidence of when it was provided to borrower was not located. Disclosure was not listed on the E-Consent / Disclosure tracking form in file.     Reviewer Comment (2019-07-26): [REDACTED] received evidence indicating when disclosure was provided to borrower.


Seller Comment (2019-07-26): See attached
 05/14/2019     1 A   GA Primary Purchase No Defined Cure B B A A B B A A Non QM Non QM No
207562824 [REDACTED] 519798       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.10610% or Final Disclosure APR of 10.06900% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Loan.
     03/06/2019 1 A   MA Primary Purchase   B B A A B B A A Non QM Non QM No
207562824 [REDACTED] 519798       Compliance Compliance State Compliance Massachusetts HPML Threshold Test Compliant Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of 10.07220% or Final Disclosure APR of 10.06900% is in excess of allowable threshold of APOR 4.48% + 1.5%, or 5.98000% Compliant Higher Priced Loan.       Buyer Comment (2019-07-26): non-material: State Compliant HPML loans acceptable per product guidelines
     03/11/2019 2 B   MA Primary Purchase   B B A A B B A A Non QM Non QM No
207562825 [REDACTED] 521126       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.15370% or Final Disclosure APR of 9.20300% is in excess of allowable threshold of APOR 4.12% + 1.5%, or 5.62000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/22/2019 1 A   MT Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Non QM No
207562826 [REDACTED] 520313       Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Desk review has been ordered     Reviewer Comment (2019-07-26): Received Desk Review.


Buyer Comment (2019-07-26): ([REDACTED])desk review attached
 03/28/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207562826 [REDACTED] 520313       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.29740% or Final Disclosure APR of 6.30600% is in excess of allowable threshold of APOR 4.40% + 1.5%, or 5.90000%.  Compliant Higher Priced Loan.       Reviewer Comment (2019-07-26): Compliant Higher Priced Loan.
     03/13/2019 1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207562826 [REDACTED] 520313       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 Processing Fee.  Fee Amount of $300.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. The contract processing fee was added to section B. of the final CD.  A change in circumstance was not provided.  The lender did provide a $300 lender credit shown on the final CD that covers the $300 fee increase.         03/12/2019   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207562826 [REDACTED] 520313       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.29740% or Final Disclosure APR of 6.30600% is in excess of allowable threshold of APOR 4.40% + 1.5%, or 5.90000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     03/13/2019 1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207562826 [REDACTED] 520313       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter of explanation for the 4 overdrafts in business account # [REDACTED]     Reviewer Comment (2019-07-26): Per Lender's comment and guidelines, LOE "may" be required for NSF. UW did not require LOE for NSF.


Seller Comment (2019-07-26): The guidelines state that an LOE MAY be required for NSF activity.  The borrower had 3 periods of Ovredraft activity--the borrower has an overdraft account set up so that NSF activity does not occur.  An LOE was not required.
 03/18/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207562827 [REDACTED] 519694       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.65990% or Final Disclosure APR of 9.65600% is in excess of allowable threshold of APOR 4.40% + 1.5%, or 5.90000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     04/09/2019 1 A   TX Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562827 [REDACTED] 519694       Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.)       Reviewer Comment (2019-07-26): Client has attested that forms will be part of final title.  Closing Instructions verify that they've been ordered.


Seller Comment (2019-07-26): Endorsements T-42 and T-42.1 is already requested from title and same will be attached with the final title policy once received. Please refer the executed title insurance requirements.


Reviewer Comment (2019-07-26): Transaction is paying off mortgage with [REDACTED], reporting on title for subject property AND [REDACTED], a mortgage for [REDACTED].  Note and Deed are printed on 50(a)(6) forms.  All loan approvals in loan file have refi purpose: cash out.


Buyer Comment (2019-07-26): ([REDACTED])please review.  loan is a Rate and Term
 04/17/2019     1 A   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B C B B B A A Non QM Non QM No
207562827 [REDACTED] 519694       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 $3,146.46 exceeds tolerance of $2,700.00 plus 10% or $2,970.00.  Sufficient or excess cure was provided to the borrower at Closing.           04/09/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207562827 [REDACTED] 519694       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.  Providers used are not listed on SSPL.  Data is still not accurate on subsequent disclosure.     Reviewer Comment (2019-07-26): Immaterial, waived per client.
     04/30/2019 2 B   TX Primary Refinance - Cash-out - Other Good Faith Redisclosure C B C B B B A A Non QM Non QM Yes
207562827 [REDACTED] 519694       Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Client approved exception for 74.67% LTV when maximum allowed on EA  [REDACTED] t program with  [REDACTED]  credit score is 70%. DTI below max by 5% or greater:  41.75% vs 50%

Residual income $1,000  greater than minimum required. $6,113.77 vs $2,500

FICO score above minimum by 20 points or greater:  611 vs 580		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client approved per exception waiver provided
     04/09/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562827 [REDACTED] 519694       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.  Signed Alternative Loan Analysis Form does not indicate if the borrower qualifies or not.     Reviewer Comment (2019-07-26): Received Alternative Lending form with lender attestation as to why loan is not eligible for GSE delivery.


Buyer Comment (2019-07-26): ([REDACTED])please see copy of UW Alt loan analysis form
 04/11/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562828 [REDACTED] 512688       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. SG Eligibility Waiver Granted allowing loan amount  [REDACTED]  as appraised value came in lower at $ [REDACTED] . Exception approved with Lenders comments the submitted program was Express Documentation - 1 tax return and P&L refinancing a Land Contract.  Loan closed under Bank Statement Program.  Note:  Underwriter's Comments attached to the submission sheet indicates SG stated exception waiver in file applies to bank statement program. DTI below max by 5% or greater:  663 vs 620

Time on Job of 5 years or greater: 9 years

DTI below max by 5% or greater:  28.17% vs 43%		   Reviewer Comment (2019-07-26): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive with compensating factors:
DTI below max by 5% or greater:  28.17% vs 43%
Time on Job of 5 years or greater: 9 years
DTI below max by 5% or greater:  663 vs 620
     04/23/2018 2 B   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562828 [REDACTED] 512688       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. ( [REDACTED] /Bank Statements) Loan designation submitted as a QM rebuttable presumption however Loan is a Non-QM Bank statement loan     Reviewer Comment (2019-07-26): Submission as Non-QM was provided.  Based on adjusted lender's QM designation, the loan meets requirements.
 04/05/2018     1 A   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562828 [REDACTED] 512688       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.22210% or Final Disclosure APR of 7.23900% is in excess of allowable threshold of APOR 4.37% + 1.5%, or 5.87000%.  Compliant Higher Priced Mortgage Loan. Verified fees were input correctly.     Reviewer Comment (2019-07-26): . Compliant Higher Priced Mortgage Loan.
     03/23/2018 1 A   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562828 [REDACTED] 512688       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. Loan designation submitted as a QM rebuttable presumption however Loan is a Non-QM Bank statement loan     Reviewer Comment (2019-07-26): Submission as Non-QM was provided.  Based on adjusted lender's QM designation, the loan meets requirements.


Seller Comment (2019-07-26): please provide updated SG submission form with QM status of NonQM/ATR Compliant
 04/05/2018     1 A   IN 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
207562828 [REDACTED] 512688       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. (8304) Sufficient cure provided at closing.         03/21/2018   1 A   IN Primary Refinance - Rate/Term Final CD evidences Cure C B C B C B A A Higher Priced QM Non QM Yes
207562828 [REDACTED] 512688       Credit Guideline Guideline Issue SG residual income requirement not met.   Residual income of $ [REDACTED]  does not meet $ [REDACTED]  minimum requirement for a [REDACTED]  loan amount in the state if IN. DTI below max by 5% or greater:  663 vs 620

Time on Job of 5 years or greater: 9 years

DTI below max by 5% or greater:  28.17% vs 43%		   Reviewer Comment (2019-07-26): Client elected to waive the exception with verified compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Bwr is short $48.17 of the requirement.  Bwr has owned home for 4 years with a land contract, purpose was a rate and term refinance with a small reduction to payment and a 0x30 housing history and no credit debt.  [REDACTED] to waive with compensating factors:

DTI below max by 5% or greater:  28.17% vs 43%
Time on Job of 5 years or greater: 9 years
DTI below max by 5% or greater:  663 vs 620
     04/23/2018 2 B   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562828 [REDACTED] 512688       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Acronyms or Abbreviations TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [REDACTED] used abbreviated fees or fees listed as an acronym that are not reasonably understood by the consumer. (Fin[REDACTED]/ [REDACTED] ) CPL fee should be Closing Protection Letter.     Buyer Comment (2019-07-26): Non-material:  Client is restricted by #s of characters that can be used for description.
     04/23/2018 2 B   IN Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Higher Priced QM Non QM Yes
207562828 [REDACTED] 512688       Credit Loan Package Documentation Application / Processing Missing Document: Mortgage Loan Payoff Statement not provided   CD reflects $ [REDACTED]  Mortgage payoff and $ [REDACTED]  Land Contract payoff for total of $ [REDACTED] .  Unsigned payoff statement from Land Contract holders reflects $ [REDACTED] .  Note:  Date indicated is  [REDACTED]  with no year reflected.     Reviewer Comment (2019-07-26): Payoff email provided.
 04/17/2018     1 A   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562828 [REDACTED] 512688       Compliance Compliance Federal Compliance TRID non-compliant: Fees were not reflected in the correct section of the disclosure.   CPL and Title Surcharge fees reflected in section B, should be in section C.  Providers used are not listed on SSPL.     Buyer Comment (2019-07-26): Non-material:  Fees tested as 0% tolerance and passed compliance testing
     04/23/2018 2 B   IN Primary Refinance - Rate/Term Good Faith Redisclosure C B C B C B A A Higher Priced QM Non QM Yes
207562828 [REDACTED] 512688       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 (2019-07-26): Submission as Non-QM was provided.  Based on adjusted lender's QM designation, the loan meets requirements.
   04/05/2018   2 B   IN Primary Refinance - Rate/Term   C B C B C B A A Higher Priced QM Non QM No
207562829 [REDACTED] 518348       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: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		 The disaster occurred after the loan had closed and a post closing property inspection is not included in the loan file. Ownership of subject property of 5 years or greater. 33 years > 5 years.

Borrower has job stability for 16 years as a business owner.

FICO score above minimum by 20 points or greater. 609 > 580.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Lender has provided attestation and elects to waive with compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Client attestation provided, subject property is 48 miles from the nearest boarder of the designated wildfire areas.  [REDACTED] to waive with compensating:
factors:
FICO score above minimum by 20 points or greater. 609 > 580.
Borrower has job stability for 16 years as a business owner.
Ownership of subject property of 5 years or greater. 33 years > 5 years.
     12/17/2018 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207562830 [REDACTED] 522485       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.81250% or Final Disclosure APR of 6.85700% is in excess of allowable threshold of APOR 4.24% + 1.5%, or 5.74000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan and FED Compliant
     05/16/2019 1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562830 [REDACTED] 522485       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.81250% or Final Disclosure APR of 6.85700% is in excess of allowable threshold of APOR 4.24% + 1.5%, or 5.74000%.  Compliant Higher Priced Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan and FED Compliant
     05/16/2019 1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562830 [REDACTED] 522485       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Optional Fees TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed Optional fees in a section other than Section H. The sellers CD shows the Title - Owners Title Insurance (Optional) in section C on the disclosure.     Reviewer Comment (2019-07-26): Letter of Explanation & Corrected Closing Disclosure


Seller Comment (2019-07-26): Please see explanation letter and PCCD
   05/20/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207562830 [REDACTED] 522485       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing ownership percentage documented via CPA letter, Operating Agreement, or equivalent Job stability of 5 years or more -  the borrower has been on their job since [REDACTED].

DTI below max by 5% or greater, the borrowers DTI is 35%, the max DTI is 45%.		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Borrower is a [REDACTED] of [REDACTED].  Articles of Incorporation provided show borrower is the registered [REDACTED] as noted on filing.  [REDACTED] to waive based on compensating factors:
$5500 in Residual income
Job stability of 5 years or more -  the borrower has been on their job since [REDACTED].


Reviewer Comment (2019-07-26): An actual percentage is required to affirm ownership as required by Alternative Access guidelines.


Seller Comment (2019-07-26): Please see attached


Reviewer Comment (2019-07-26): While the Articles of incorporation was provided, no percentages are reflected.


Seller Comment (2019-07-26): Please see attached documentation
     05/23/2019 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562830 [REDACTED] 522485       Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Business checking and EMD from business checking was used at origination. In order to use business funds, an underwriter business cash flow analysis must be completed to confirm that the withdrawal of funds for this transaction will not have a negative impact on the business. Only acceptable asset on file is equity from sold property of $ [REDACTED] , which is insufficient for cash to close.     Reviewer Comment (2019-07-26): Received UW cash flow analysis for use of business funds.


Seller Comment (2019-07-26): See Analysis uploaded for condition [REDACTED]
 05/20/2019     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562830 [REDACTED] 522485       Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max LTV/CLTV for qualification using a fixed expense ratio is 75% Job stability of 5 years or more -  the borrower has been on their job since [REDACTED].

DTI below max by 5% or greater, the borrowers DTI is 35%, the max DTI is 45%.		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive based on compensating factors:
Job stability of 5 years or more -  the borrower has been on their job since [REDACTED].
$5500 Residual Income


Reviewer Comment (2019-07-26): Loan was UW to Alternative Access guides and a waiver from client is required.


Seller Comment (2019-07-26): Please see attached LOE
     05/20/2019 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562830 [REDACTED] 522485       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing UW cash flow analysis of business assets to verify withdrawal of funds will not negatively impact the business     Reviewer Comment (2019-07-26): Received UW cash flow analysis of business assets to verify withdrawal of funds will not negatively impact the business


Seller Comment (2019-07-26): Please see attached from Underwriter
 05/20/2019     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207562831 [REDACTED] 519787       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.51000% or Final Disclosure APR of 6.54800% 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 made this loans APR in excess of allowable threshold.  Loan is Non-QM, Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Updated Submission Form provided with QM status of Non QM
     02/22/2019 1 A   NV Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562831 [REDACTED] 519787       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. Escrow Statement reflects -$ [REDACTED] .  Final CD reflects $ [REDACTED] .     Reviewer Comment (2019-07-26): Received copy of corrected PCCD issued [REDACTED], copy letter to the borrower explaining the correction, and a corrected copy of the Escrow Account Disclosure.


Seller Comment (2019-07-26): [REDACTED] received PCCD dated [REDACTED] with estimated escrow payment of $230.42. Calculated escrow payment is $351.71. Initial Escrow Account Disclosure verifies the quarterly tax rate of $727.74, hazard insurance premium of $866.47 and flood premium of $443.00. A Corrected CD, a corrected IEAD form provided to the Borrower, copy of refund check for any amount due and a letter of explanation provided to Borrower with Proof of Delivery is needed to cure.


Reviewer Comment (2019-07-26): As of [REDACTED] a corrected CD has not been provided.


Seller Comment (2019-07-26): Providing PCCD again


Reviewer Comment (2019-07-26): [REDACTED] received PCCD dated [REDACTED] with estimated escrow payment of $230.42.  Calculated escrow payment is $351.71.  Initial Escrow Account Disclosure verifies the quarterly tax rate of $727.74, hazard insurance premium of $866.47 and flood premium of $443.00.  A Corrected CD, a corrected IEAD form provided to the Borrower, copy of refund check for any amount due and a letter of explanation provided to Borrower with Proof of Delivery is needed to cure.


Seller Comment (2019-07-26): Final Closing Disclosure Uploaded
   03/22/2019   2 B   NV Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM Yes
207562831 [REDACTED] 519787       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  [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. (Fin[REDACTED]/ [REDACTED] ) Estimated Property Costs over Year 1 of $ [REDACTED]  disclosed on CD based on 12 months of  $ [REDACTED]  monthly property costs .  Hazard in file was $ [REDACTED]  monthly, flood was $ [REDACTED]   and taxes used were $ [REDACTED] from tax cert/1008, totaling $ [REDACTED]  .  It appears difference to be in taxes, reflected on Final CD as $ [REDACTED]  monthly.     Reviewer Comment (2019-07-26): [REDACTED] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2019-07-26): Uploaded


Reviewer Comment (2019-07-26): [REDACTED] received Same Post Close CD dated [REDACTED].  [REDACTED] tax calculation is $242.58 per month for taxes.  Lender using $121.29. The Post Close CD has $121.29.  A Corrected Post Close CD and LOE to borrower is required or evidence of lower tax amount used.


Seller Comment (2019-07-26): Providing PCCD Again


Reviewer Comment (2019-07-26): [REDACTED] received PCCD dated [REDACTED] with estimated escrow payment of $230.42.  Calculated escrow payment is $351.71.  A Corrected CD and Letter of Explanation is needed to cure.


Seller Comment (2019-07-26): Final Closing Disclosure uploaded
   03/22/2019   2 B   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207562831 [REDACTED] 519787       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/701832) CD reflects $ [REDACTED] , calculates to be $ [REDACTED] .  Variance appears to be in taxes, reflected as $ [REDACTED]  on CD and as $ [REDACTED]  on tax cert.     Reviewer Comment (2019-07-26): [REDACTED] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2019-07-26): [REDACTED] received Same Post Close CD dated [REDACTED]. [REDACTED] tax calculation is $242.58 per month for taxes. Lender using $121.29. The Post Close CD has $121.29. A Corrected Post Close CD and LOE to borrower is required or evidence of lower tax amount used.


Reviewer Comment (2019-07-26): [REDACTED] received Same Post Close CD dated [REDACTED].  [REDACTED] tax calculation is $242.58 per month for taxes.  Lender using $121.29. The Post Close CD has $121.29.  A Corrected Post Close CD and LOE to borrower is required or evidence of lower tax amount used.


Seller Comment (2019-07-26): Providing PCCD again


Reviewer Comment (2019-07-26): [REDACTED] received PCCD dated [REDACTED] with estimated escrow payment of $230.42.  Calculated escrow payment is $351.71.  Provide evidence of the lower tax rate used or a Corrected CD and Letter of Explanation is needed to cure.


Seller Comment (2019-07-26): Final Closing Disclosure Uploaded
   03/22/2019   2 B   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 B C B A A Non QM Non QM Yes
207562831 [REDACTED] 519787       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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/701832) CD reflects $ [REDACTED] , calculates to be $ [REDACTED] .  Variance appears to be in taxes, reflected as $ [REDACTED]  on CD and calculated at $ [REDACTED]  per tax cert.     Reviewer Comment (2019-07-26): Letter of Explanation, Proof of Delivery, Corrected CD,


Seller Comment (2019-07-26): [REDACTED] received Same Post Close CD dated [REDACTED]. [REDACTED] tax calculation is $242.58 per month for taxes. Lender using $121.29. The Post Close CD has $121.29. A Corrected Post Close CD and LOE to borrower is required or evidence of lower tax amount used.


Reviewer Comment (2019-07-26): [REDACTED] received Same Post Close CD dated [REDACTED].  [REDACTED] tax calculation is $242.58 per month for taxes.  Lender using $121.29. The Post Close CD has $121.29.  A Corrected Post Close CD and LOE to borrower is required or evidence of lower tax amount used.


Seller Comment (2019-07-26): Provided PCCD again


Reviewer Comment (2019-07-26): [REDACTED] received PCCD dated [REDACTED] with estimated escrow payment of $230.42.  Calculated escrow payment is $351.71.  Provide evidence of the lower tax rate used or a Corrected CD and Letter of Explanation is needed to cure.


Seller Comment (2019-07-26): Final Closing Disclosure Uploaded
   03/22/2019   2 B   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 B C B A A Non QM Non QM Yes
207562831 [REDACTED] 519787       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. (Fin[REDACTED]/2019) Evidence of earlier receipt not found in file.     Reviewer Comment (2019-07-26): [REDACTED] received initial CD dated [REDACTED].


Seller Comment (2019-07-26): Initial CD uploaded
 03/12/2019     1 A   NV Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
207562831 [REDACTED] 519787       Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing letter of explanation for 11 NSF items reflected on borrower's bank statements. Residual income $1,000 greater than minimum required:  $6,565.28 vs $2,800

DTI below max by 5% or greater. 41.45% vs 50%

FICO score above minimum by 20 points or greater:  640 vs 580		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])there were 2 periods of NSF activity.  [REDACTED]:  All NSF activity is between [REDACTED] and [REDACTED].  [REDACTED]:  All NSF activity was between [REDACTED] and [REDACTED].
[REDACTED]:  1 NSF fee. Each time a deposit was made to ensure there were not other charges. NSF did not occur on a monthly basis and was not spread out during a month.  These appear to isolated incidences and not ongoing issues.  The bank statements do not have negative ending balances and there is cash flow going thru the accounts.  
[REDACTED] to waive based on compensating factors:
FICO score above minimum by 20 points or greater:  640 vs 580
DTI below max by 5% or greater. 41.45% vs 50%
Residual income $1,000 greater than minimum required:  $6,565.28 vs $2,800
     03/05/2019 2 B   NV Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562831 [REDACTED] 519787       Credit Credit Miscellaneous Credit Exception:   Missing letter of explanation for large deposits reflected in  [REDACTED]  and  [REDACTED] statements as required per guidelines. Residual income $1,000 greater than minimum required:  $6,565.28 vs $2,800

DTI below max by 5% or greater. 41.45% vs 50%

FICO score above minimum by 20 points or greater:  640 vs 580		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive based on compensating factors:
FICO score above minimum by 20 points or greater:  640 vs 580
DTI below max by 5% or greater. 41.45% vs 50%
Residual income $1,000 greater than minimum required:  $6,565.28 vs $2,800


Reviewer Comment (2019-07-26): Although the 2 large deposits on [REDACTED] and [REDACTED] statements appear to be consistent with the business, both amounts deposited exceed 50% of the monthly income and therefore require a LOE per [REDACTED] [REDACTED] guidelines.


Reviewer Comment (2019-07-26): Per [REDACTED] [REDACTED] guides; unusually large deposits exceeding 50% of monthly income (as defined by FNMA) into bank accounts must be explained via LOE, and must be consistent with business profile. If LOE is sufficient, no sourcing is required.


Seller Comment (2019-07-26): Buyers business is to build and sell homes.  Both large deposits are from Title companies which is typical for his business--no explanation required.
     03/05/2019 2 B   NV Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562832 [REDACTED] 520914       Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final application provided is for property located at  [REDACTED] .     Reviewer Comment (2019-07-26): Received Final 1003.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.18750% or Final Disclosure APR of 9.24700% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Compliant Higher Priced Mortgage Loan. Subject is a compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/22/2019 1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       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 of 54.76% exceeds 50% max     Reviewer Comment (2019-07-26): Received evidence of rental income
 06/04/2019     1 A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
207562832 [REDACTED] 520914       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 54.76143% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI of 54.76%  exceeds max of 50% 0 X 30 24 month housing history. 35 > 24.

Residual income $1,000  greater than minimum required.  $5,717.69 vs $2,500		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Waived with compensating factors.
     05/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 9.18750% or Final Disclosure APR of 9.24700% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Compliant Higher Priced Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/22/2019 1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. CD data field is blank, calculates to be 6.  $ [REDACTED]  divided by $ [REDACTED] monthly payments.     Buyer Comment (2019-07-26): Non-material


Reviewer Comment (2019-07-26): Nothing new attached to cure the exception.  Please provide a Corrected CD and LOE to cure.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
     05/31/2019 2 B   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
207562832 [REDACTED] 520914       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Disclosure reflects Closing Date of ( [REDACTED] ), but transaction consummation (mortgage notary) date was ( [REDACTED] ).     Buyer Comment (2019-07-26): Non-material


Reviewer Comment (2019-07-26): Final 1003 received does not cure this exception. Please provide a Corrected CD and LOE to cure.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
     05/31/2019 2 B   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
207562832 [REDACTED] 520914       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Lender calculated DTI of 44.83% while review calculated 54.76%.  Variance appears to be calculations of rental income. Per initial application of subject property and Final application of investment property, lender is using $ [REDACTED]  gross rental income in their calculations.  Review did not include any rental income in due to missing documentation.  Guidelines require a current lease or market rent verification plus 2 months verification of rental payments via cancelled checks, deposits slips or bank records.  Lease provided reflected  $ [REDACTED]  rental payments with termination date of[REDACTED].  No evidence of market rent or 2 months verification of rental payments found in file.     Reviewer Comment (2019-07-26): Received 2 months statements verifying receipt of rents.


Seller Comment (2019-07-26): Received appraisal with market rents per guidelines due to lease is not current however, missing 2 months rental payments via cancelled checks, deposit or bank records.


Reviewer Comment (2019-07-26): Received appraisal with market rents per guidelines due to lease is not current however, missing 2 months rental payments via cancelled checks, deposit or bank records.


Reviewer Comment (2019-07-26): Received a LOE from borrower stating rents were reduced to $2800 and tenants are now month to month however, guidelines state that a current lease is required and if a lease is not available, market rent must be obtained. Also LOE stated bank statements were provided for receipt of rents however, unable to locate statements.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 06/04/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       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 of 54.76% exceeds 50% max.     Reviewer Comment (2019-07-26): Received evidence of rental income
 06/04/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562832 [REDACTED] 520914       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 $ [REDACTED]  and disclosure timing violations. Missing verification when borrower consented to E-sign.  Disclosure summary provided indicates  [REDACTED]  date of E-Consent, however does not verify if this was the date provided or date of consent.     Reviewer Comment (2019-07-26): Received borrowers e-consent.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/30/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
207562833 [REDACTED] 519702       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 [REDACTED].  Provided date[REDACTED].  Please provide verification disclosure was provided to borrower within 3 days of application date.     Reviewer Comment (2019-07-26): Received evidence borrower was provided with ARM Disclosure [REDACTED], within 3 days of application.


Buyer Comment (2019-07-26): ([REDACTED] - [REDACTED] - 14h agoPortal
Disclosures were sent via IDS on [REDACTED] (attachment 1) then signed via Docusign on [REDACTED] (attachment 2).  Signed disclosure are also attached (attachment 3).


Seller Comment (2019-07-26): Disclosures were sent via IDS on [REDACTED] (attachment 1) then signed via Docusign on [REDACTED] (attachment 2).  Signed disclosure are also attached (attachment 3).
 02/13/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
207562833 [REDACTED] 519702       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 [REDACTED].  Provided date[REDACTED].  Please provide verification disclosure was provided to borrower within 3 days of application date.     Reviewer Comment (2019-07-26): Received evidence borrower was provided with CHARM Booklet [REDACTED], within 3 days of application.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] - [REDACTED] - 14h agoPortal
See uploads to condition [REDACTED]


Seller Comment (2019-07-26): See uploads to condition [REDACTED]
 02/13/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
207562833 [REDACTED] 519702       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 (2019-07-26): Received rate lock confirmation.


Buyer Comment (2019-07-26): ([REDACTED])Doc uploaded [REDACTED]
 02/13/2019     1 A   CA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207562833 [REDACTED] 519702       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. Although borrower signed a waiver of 3-Day Delivery on [REDACTED], he also signed the Acknowledgement of Receipt verifying he received a copy of the appraisal a minimum of three days prior to closing.  There were two appraisals done with report dates of[REDACTED] which is less than 3 days from closing on[REDACTED].     Reviewer Comment (2019-07-26): Waived per client request.


Reviewer Comment (2019-07-26): Updated from: 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/[REDACTED])


Reviewer Comment (2019-07-26): Received evidence of the 3 day waiver however, evidence of borrowers receipt of the updated primary appraisal report dated [REDACTED] was not provided.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] - [REDACTED] - 14h agoPortal
Waiver was signed/dated [REDACTED] (attachment 4)  3 day wait period does not apply.


Seller Comment (2019-07-26): Waiver was signed/dated [REDACTED] (attachment 4)  3 day wait period does not apply.
     07/02/2019 2 B   CA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207562833 [REDACTED] 519702       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 $3,250.00 exceeds tolerance of $2,800.00 plus 10% or $3,080.00.  Sufficient or excess cure was provided to the borrower at Closing. (0)           02/12/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207562834 [REDACTED] 519519       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. (Fin[REDACTED]/ [REDACTED] ) Final Closing Disclosure disclosed a Closing Date of [REDACTED]. Deed of Trust was notarized on [REDACTED]. Letter of Explanation and Corrected CD are required to cure.     Reviewer Comment (2019-07-26): [REDACTED] received LOE. Exception Cured. Thank you!


Seller Comment (2019-07-26): Please let me know if this is readable.


Reviewer Comment (2019-07-26): [REDACTED] received the same document indicating stating it can be read in [REDACTED]. The LOE is not available due to format it is submitted on.


Reviewer Comment (2019-07-26): [REDACTED] received page indicating it is read with [REDACTED]. It appears the format submitted is not compatible. Please submit LOE in same format as other docs submitted to cure.


Seller Comment (2019-07-26): The LOE was previously uploaded - uploaded again.


Reviewer Comment (2019-07-26): corrected CD dated [REDACTED] was provided, however the LOE to the borrower was not provided.


Reviewer Comment (2019-07-26): [REDACTED] did not receive any information regarding this exception. Please provide corrected CD and LOE to cure.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] - [REDACTED] - 3h agoPortal
1008 has information regarding borrower business.
   02/22/2019   1 A   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
207562834 [REDACTED] 519519       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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. ROR was executed by the borrowers on [REDACTED] with expiration of rescission period noted as [REDACTED]. Final Closing Disclosure disclosed a disbursement date of [REDACTED], providing borrowers with no rescission period. Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form are required to  cure.     Reviewer Comment (2019-07-26): Exception Cleared.


Seller Comment (2019-07-26): Please let me know what is still outstanding.
 02/22/2019     1 A   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 C B A A Non QM Non QM Yes
207562834 [REDACTED] 519519       Credit Income / Employment Income Documentation Income Docs Missing: Borrower: [REDACTED] Missing P&L statements covering the same calendar months as the bank statements provided (within 3 months) as required on  [REDACTED] Program using EAS/P&L qualifying method.  File contains 24 months of bank statements for both accounts from  [REDACTED]  through  [REDACTED] while both P&L documents reflects  [REDACTED] through  [REDACTED] .  Please provide P&L statements from  [REDACTED]  through  [REDACTED] or within +/- 3 months as required to cure this exception.     Reviewer Comment (2019-07-26): Changed program to 12 month bank statement, P&L provided covers correct time period.


Seller Comment (2019-07-26): Please switch loan to a 12 month bank statement qualifying instead of the 24 month qualifying.


Reviewer Comment (2019-07-26): Although a 12 month average was used for qualification due to declining income, as per guidelines, [REDACTED] Bank Statement Program 9.3.2 states that the P&L should cover the same calendar months as the bank statements provided. The 24 months bank statement program was used therefore, P&L for statements from [REDACTED] through [REDACTED] or within +/- 3 months are required for both businesses.


Seller Comment (2019-07-26): 24 months bank statements were provided and due to lower earnings in the most recent 12 months only the current 12 months were used for income calculation. The P&L is for the months that were used for calculation.  A 24 month profit and loss would have caused a mismatch for calculation purposes as the 24 months bank statements were not used for income calculation
 02/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562834 [REDACTED] 519519       Credit Income / Employment Income Documentation Income Docs Missing:   Missing Business Narrative for both of borrower's business as required per [REDACTED]  Guidelines when using the Business Bank Statement program.  Please provide documentation which includes details related to the size/scope and operating profile of the businesses. Please provide a Narrative for both businesses to cure this exception.     Reviewer Comment (2019-07-26): A 1008 with required information regarding bushiness per guidelines, has been provided.


Seller Comment (2019-07-26): 1008 has information regarding borrower business.
 02/15/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562834 [REDACTED] 519519       Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing underwriters calculations of qualifying income as required per  [REDACTED]  Guidelines.  File has 1008 which indicates 24 months bank statements used with 12 month P&L for qualifying income.  Please provide underwriter's 1084 reflecting calculations used.     Reviewer Comment (2019-07-26): Changed program to 12 month bank statement.


Seller Comment (2019-07-26): Please switch loan to a 12 month bank statement qualifying instead of the 24 month qualifying.


Reviewer Comment (2019-07-26): A 1008 with required information regarding bushiness income calculations has been provided.


Seller Comment (2019-07-26): Please see 1008 with further clarification regarding income calculation.  Also bank statement analysis shows profit and loss expenses applied to most recent 12 months of bank statements for both accounts. Total income is the accumulation of  income from both bank statement analysis'.
 02/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562834 [REDACTED] 519519       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. (7506) Appraisal Fee was disclosed as $ [REDACTED]  on the Initial Loan Estimate dated [REDACTED], but disclosed as $ [REDACTED]  on the Final Closing Disclosure. Sufficient cure of $ [REDACTED]  was provided to the borrower on the Final Closing Disclosure.         02/12/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207562834 [REDACTED] 519519       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing letter of explanation for $ [REDACTED]  deposit reflected in[REDACTED] bank statement.     Reviewer Comment (2019-07-26): LOE for large deposit was provided.


Reviewer Comment (2019-07-26): LOE provided


Reviewer Comment (2019-07-26): Client elects to waive the exception with verified compensating factors.


Seller Comment (2019-07-26): Please see attached bank statement analysis that shows the $50,000 transfer was backed out of the qualifying deposits.  Please waive exception.


Reviewer Comment (2019-07-26): Refer to client, unable to clear. Please advise if client elects to waive.


Seller Comment (2019-07-26): Please waive this exception as the transfer (deposit) was backed out of income & does not need to be documented.


Reviewer Comment (2019-07-26): $50,000 has been excluded however per [REDACTED][REDACTED] Overlay, any unusually large deposit exceeding 50% of monthly income into bank accounts must be explained via LOE.


Seller Comment (2019-07-26): The $50,000 deposit was backed out of the income calculation due to it being a transfer.  No LOE is required.


Reviewer Comment (2019-07-26): Correction; large deposit of $50,000 deposited in statement dates [REDACTED] for [REDACTED].


Seller Comment (2019-07-26): I do not see a $50,000 deposit in either bank account on [REDACTED]--please provide more specific information.
 02/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207562834 [REDACTED] 519519       Compliance Compliance Federal Compliance TRID Invalid Section A Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a Paid To party other than to lender or broker for fee within Origination Charges. (Fin[REDACTED]/ [REDACTED] ) CD reflects processing fee paid to a third party     Reviewer Comment (2019-07-26): [REDACTED] received PCCD moving Processing Fee to Section B. Exception Cured.


Seller Comment (2019-07-26): This exception should be satisfied
   02/21/2019   2 B   CA Primary Refinance - Cash-out - Other Good Faith Redisclosure C B C A C B A A Non QM Non QM Yes
207562834 [REDACTED] 519519       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 [REDACTED].  Disclosure provided [REDACTED]     Reviewer Comment (2019-07-26): Evidence borrower was provided disclosure [REDACTED] within 3 days of application was provided.


Seller Comment (2019-07-26): Disclosures sent [REDACTED].
 02/14/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
207562834 [REDACTED] 519519       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 [REDACTED].  Disclosure provided [REDACTED]     Reviewer Comment (2019-07-26): Evidence borrower was provided disclosure [REDACTED] within 3 days of application was provided.


Seller Comment (2019-07-26): Disclosures were send on [REDACTED] (please see DocMagic eSign Certificate at the packet of the packet.  The borrowers did not sign until [REDACTED].  The disclosures were also mailed by doc Magic within 3 days because the borrower did not esign within the timeframe.
 02/14/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
207562835 [REDACTED] 519139       Credit Income / Employment Income Documentation Large deposits were not sourced and/or letter of explanation was not provided.   The  [REDACTED]  guides require deposits greater than or equal to [REDACTED] of the Borrower's income be documented with a letter of explanation. The Borrower provided a letter stating all deposits were business related; however, this does not address the specific deposit as required by the guides. Therefore, the following large deposits require letters of explanation: $ [REDACTED]  on[REDACTED]. $ [REDACTED]  on  [REDACTED] , $ [REDACTED]  on[REDACTED], $ [REDACTED]  on[REDACTED], $ [REDACTED]  on[REDACTED], $ [REDACTED]  on[REDACTED], $ [REDACTED]  on [REDACTED], $ [REDACTED]  on[REDACTED], $ [REDACTED]  on [REDACTED] , $ [REDACTED] on  [REDACTED] , $ [REDACTED]  on  [REDACTED] , $ [REDACTED]  on  [REDACTED]  $ [REDACTED]  on  [REDACTED] , and $ [REDACTED]  on[REDACTED].     Reviewer Comment (2019-07-26): Borrower LOE for business account in question provided states all deposits are business related. Per narrative provided the deposits seem consistent with business profile.


Buyer Comment (2019-07-26): ([REDACTED])Preclose response: [REDACTED] dep is in the file Lox payment for Construction on a garage. As for the rest of them the borrower provided  an lox stating the deposits are business related. The account is a business account and based on the business narrative the lox provided was acceptable. Its a construction and real estate investment business.
 04/18/2019     1 A   MA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562835 [REDACTED] 519139       Credit Income / Employment Income Documentation Income Docs Missing: - ___ CPA letter, Operating Agreement, or equivalent, to validate percentage of ownership as required per guidelines was not provided. 0 X 30 24 month housing history. 69 > 24.

Time on Job of 5 years or greater. 5.95 > 5.		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive w/comp factors:
Time on Job of 5 years or greater. 5.95 > 5
0 X 30 24 month housing history. 69 > 24


Reviewer Comment (2019-07-26): While the file has as an Business Entity Summary, no percentages are reflected.


Buyer Comment (2019-07-26): ([REDACTED])Preclose resonse: The business entity search/license  from Ma is in the file the business is registered to the borrower: he is the [REDACTED]. This should be sufficient.
     04/22/2019 2 B   MA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562835 [REDACTED] 519139       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   An LOE for the property address and disposition of a recurring mortgage payment to  [REDACTED]  in the amount of $ [REDACTED] , appearing on borrower's bank statements was not provided.     Reviewer Comment (2019-07-26): Upon further research, exception has been cleared.  Debt is a monthly payment from business account which borrower is not personally obligated, as it does not appear on credit report. P&L provided for business reflects a mortgage expense.


Buyer Comment (2019-07-26): ([REDACTED])Preclose response: There was no condition directly related to this payment however the borrower did not provide a signed explanation on [REDACTED] stating the only properties that are financed is [REDACTED], [REDACTED], [REDACTED]. ([REDACTED] and [REDACTED] are not owned by the borrower but his brother and the  mortgages are in the brothers name)
:
 04/18/2019     1 A   MA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562835 [REDACTED] 519139       Credit Credit Miscellaneous Credit Exception:   Missing proof of 2 months rental receipt for  [REDACTED] 0 X 30 24 month housing history. 69 > 24.

Time on Job of 5 years or greater. 5.95 > 5.		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive w/comp factors:
Time on Job of 5 years or greater. 5.95 > 5
0 X 30 24 month housing history. 69 > 24


Reviewer Comment (2019-07-26): Please provide clarification for income/units used for qualifying for [REDACTED] St. File contains leases for [REDACTED] and [REDACTED], file contains checks which state for [REDACTED] however match the amount for [REDACTED] rent.


Buyer Comment (2019-07-26): ([REDACTED])Pre-close response: The file has 2 rent checks from [REDACTED] [REDACTED] (for lease #2) The checks were [REDACTED] and [REDACTED] however this is due to the tenants are using [REDACTED]format using day/month and year and  the payments are  for  [REDACTED]. (2200.00 per month)
     04/22/2019 2 B   MA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207562837 [REDACTED] 518957       Credit Guideline Guideline Issue Gift Funds are not permitted per guides.   Gift Funds are not allowed on Investment Properties transactions. Gift Funds in the amount of $ [REDACTED]  were used for Down Payment. PITIA reserves above minimum by 6 months or greater (31 months vs 12 months required)

DTI below max by 5% or greater (31% vs 50% max)		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client exception waiver on file for gift funds on investment property. Compensating factors are DTI below max by 5% or greater and PITIA reserves 31 months vs. 12 months required
     02/25/2019 2 B   FL Investment Purchase   C B C B B B A A N/A N/A No
207562837 [REDACTED] 518957       Compliance Compliance Federal Compliance ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to receive copy of appraisal disclosure was not provided to the consumer within 3 days of application.     Buyer Comment (2019-07-26): non-material


Reviewer Comment (2019-07-26): Per our compliance department: The ECOA rule under 1002.14(a)(2) requires: "Disclosure. For applications subject to paragraph (a)(1) of this section, a creditor shall mail or deliver to an applicant, not later than the third business day after the creditor receives an application for credit that is to be secured by a first lien on a dwelling, a notice in writing of the applicant's right to receive a copy of all written appraisals developed in connection with the application." ECOA does not provide for any exemption for investment loans with a business purpose. This coverage is further explained in the CFPB Small Entity Guide


Seller Comment (2019-07-26): As per our checks, Right to receive a appraisal copy disclosure is not in the list of disclosure required to disclose on Investment property loans with business purpose.

Below are the list of disclosures applicable on commercial loans from FL state.

BORROWER CERTIFICATION OF COMMERCIAL BUSINESS PURPOSE LOAN
Investment Property Application
Disclosure of Conflicting Interest - FL state
Broker Fee Agreement
Statement of Anti-Coercion - FL state
     03/04/2019 2 B   FL Investment Purchase   C B C B B B A A N/A N/A No
207562837 [REDACTED] 518957       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 months vs 12 months required)

DTI below max by 5% or greater (31% vs 50% max)		 Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Borrower is a Foreign National and is ineligible for GSE programs.  [REDACTED] to waive for compensating factors:
DTI below max by 5% or greater (31% vs 50% max)
PITIA reserves above minimum by 6 months or greater (31 months vs 12 months required)
     02/28/2019 2 B   FL Investment Purchase   C B C B B B A A N/A N/A No
207562838 [REDACTED] 519243       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 64.55797% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI over maximum allowed PITIA reserves above minimum by 6 months or greater 34>12

Overall housing payment reduction of $50.40 along with cash out.

Ownership of subject property of 5 years or greater.  14 years

Time on Job of 5 years or greater:  20.87 years

Residual income $1,000 greater than minimum required. $6,570.85 vs $2,800

FICO score above minimum by 20 points or greater, the borrowers FICO score is 800, the minimum FICO score is 720.		 Aggregator

Aggregator

Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client waived with compensating factors.


Buyer Comment (2019-07-26): ([REDACTED]) has reviewed, calculated DTI of 64.56% exceeds guideline eligibility.   [REDACTED] originator calculated DTI of 47.79% was reasonable and good faith determination the borrowers ability to repay.   The originator documented income, assets, employment, credit history and monthly expenses thoroughly through-out the file.   Originator income approach for the non-occupant co-borrower differs from review teams method.  In addition to collecting social security, co borrower has 9 rental properties that go through a Real Estate Holding Company (1065 Tax Returns Filed), associated mortgages are reported on the co-borrowers credit report.  Originator income method used a vacancy factor from the rents on [REDACTED] amended 1065 and included the mortgage/taxes/insurance in liabilities.  

In addition, borrower(s) credit profile establishes a willingness to pay.  The subject property has been owned 3 years with a 0x30 payment history.  While borrower is receiving cash-out the payment is decreasing by $50.  Bwr1 has an impeccable credit history dating back over 10 years and currently has 1 open account with a balance.  Bwr2 has 1x30 consumer late reporting back in [REDACTED] which was an isolated incident.  All other accounts reporting paid in a timely fashion.

Notable compensating factors:

***Residual income of $6570.85
[REDACTED] is currently reporting $548.42.  This # is incorrect.  Total Income $18539.71 - $11968.86 = $6570.85
***Job Stability:  Borrower has been [REDACTED] 14 years
***Cash Reserves: 35 months (includes $51K in Money Markets and Cash-out $80K)
***Payment reduced by $50.40
***0 X 30 24 month housing history (44 months reported on credit report)
     05/15/2019 2 B   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       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       Reviewer Comment (2019-07-26): Income was sufficiently verified.
 04/24/2019     1 A   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing complete final application for co-borrower.  File has Demographic Information Addendum, page 7 and page 8 plus continuation sheet reflecting dated signature.     Reviewer Comment (2019-07-26): Received Co-Borrower Final 1003.


Seller Comment (2019-07-26): here you are.
 04/26/2019     1 A   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.91590% or Final Disclosure APR of 5.93900% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     04/17/2019 1 A   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       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 (2019-07-26): Non-QM based on DTI exception compensating factors
 05/16/2019     1 A   MA 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
207562838 [REDACTED] 519243       Compliance Compliance State Compliance Massachusetts HPML Threshold Test Compliant Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of 5.91590% or Final Disclosure APR of 5.93900% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000% Compliant Higher Priced Loan.       Buyer Comment (2019-07-26): non-material:  Compliant HPML loans are allowed per guidelines
     05/17/2019 2 B   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Lender calculated borrower's base income at $ [REDACTED]   Unable to determine how co-borrower 1065 income was calculated. Ownership of subject property of 5 years or greater.  14 years

Time on Job of 5 years or greater:  20.87 years

Residual income $1,000 greater than minimum required. $6,570.85 vs $2,800

FICO score above minimum by 20 points or greater, the borrowers FICO score is 800, the minimum FICO score is 720.		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client waived with compensating factors.


Buyer Comment (2019-07-26): ([REDACTED]) has reviewed, calculated DTI of 64.56% exceeds guideline eligibility.   [REDACTED] originator calculated DTI of 47.79% was reasonable and good faith determination the borrowers ability to repay.   The originator documented income, assets, employment, credit history and monthly expenses thoroughly through-out the file.   Originator income approach for the non-occupant co-borrower differs from review teams method.  In addition to collecting social security, co borrower has 9 rental properties that go through a Real Estate Holding Company (1065 Tax Returns Filed), associated mortgages are reported on the co-borrowers credit report.  Originator income method used a vacancy factor from the rents on [REDACTED] amended 1065 and included the mortgage/taxes/insurance in liabilities.  

In addition, borrower(s) credit profile establishes a willingness to pay.  The subject property has been owned 3 years with a 0x30 payment history.  While borrower is receiving cash-out the payment is decreasing by $50.  Bwr1 has an impeccable credit history dating back over 10 years and currently has 1 open account with a balance.  Bwr2 has 1x30 consumer late reporting back in [REDACTED] which was an isolated incident.  All other accounts reporting paid in a timely fashion.

Notable compensating factors:
***Residual income of $6570.85
[REDACTED] is currently reporting $548.42.  This # is incorrect.  Total Income $18539.71 - $11968.86 = $6570.85
*** Job Stability:  Borrower has been [REDACTED] 14 years
*** Cash Reserves: 35 months (includes $51K in Money Markets and Cash-out $80K)
***Payment reduced by $50.40
***0 X 30 24 month housing history (44 months reported on credit report)


Reviewer Comment (2019-07-26): K1 ($30,773.00) + (99.% Ownership) Depreciation ( $79,191.00) income utilized by review calculated an income of $9,097.67.  Guidelines have no provision to utilize vacancy factor when taxes are present.  LOE not sufficient to recalculate income, DTI exception still valid.


Buyer Comment (2019-07-26): ([REDACTED])please see UW explanation for 1065 properties
     05/15/2019 2 B   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562838 [REDACTED] 519243       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 maximum of 50%     Reviewer Comment (2019-07-26): DTI waived
 05/15/2019     1 A   MA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207562840 [REDACTED] 521293       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.       Buyer Comment (2019-07-26): non-material: Borrower signed Right to Receive Copy of Appraisal disclosure and Appraisal Waiver.
     06/13/2019 2 B   CA Investment Purchase   B B A A B B A A N/A N/A No
207562840 [REDACTED] 521293       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.       Buyer Comment (2019-07-26): non-material: [REDACTED] valuation was a reconciliation report ordered by originator.  Report did not have impact on final value obtained from Full Appraisal.
     06/13/2019 2 B   CA Investment Purchase   B B A A B B A A N/A N/A No
207562841 [REDACTED] 523011       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. The Appraisal report is dated [REDACTED] and the borrowers received the appraisal [REDACTED]. The report on file seems to be an updated report     Buyer Comment (2019-07-26): non-material:  appraiser made a clerical update that did not impact original value.
     05/28/2019 2 B   CA Investment Refinance - Rate/Term   B B A A B B A A N/A N/A No
207562842 [REDACTED] 521161       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.63170% or Final Disclosure APR of 7.66400% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     05/22/2019 1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
207562842 [REDACTED] 521161       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.63170% or Final Disclosure APR of 7.66400% is in excess of allowable threshold of APOR 4.10% + 1.5%, or 5.60000%.  Compliant Higher Priced Loan. Compliant Higher Priced Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Loan.
     05/22/2019 1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
207562842 [REDACTED] 521161       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD issued[REDACTED] did not reflect any cure for fees over tolerance.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached uploaded [REDACTED].
 06/10/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207562842 [REDACTED] 521161       Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Natural Hazard Disclosure.  Fee Amount of $49.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee for Natural Hazard Disclosure increased from baseline of $0 to $49.50 as it was not disclosed on the Loan Estimate. A valid change of circumstance was not located in file. No cure was provided.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 06/10/2019     1 A   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
207562843 [REDACTED] 521336       Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 6.25450% or Final Disclosure APR of 6.20500% is in excess of allowable threshold of USTreasury 2.9600% + 3%, or 5.96000%.  Compliant Subprime Loan.       Buyer Comment (2019-07-26): non-material: Loan is state compliant rate spread test
     05/30/2019 2 B   MN Investment Purchase   C B C B B B A A N/A N/A No
207562843 [REDACTED] 521336       Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Client approved exception for verification of rental payments via cancelled checks with private landlord. PITIA reserves above minimum by 6 months or greater.  40 months vs 12

DTI below max by 5% or greater, 26.9% vs 50%

FICO score above minimum by 20 points or greater, 701 vs 680		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Waived with compensating factors per clients pre-approved exception waiver list.
     05/28/2019 2 B   MN Investment Purchase   C B C B B B A A N/A N/A No
207562843 [REDACTED] 521336       Credit Guideline Guideline Issue Rural property type is not permitted per Guidelines.   Client approved exception for rural property on investment program. PITIA reserves above minimum by 6 months or greater.  40 months vs 12

DTI below max by 5% or greater, 26.9% vs 50%

FICO score above minimum by 20 points or greater, 701 vs 680		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Waived with compensating factors per clients pre-approved exception waiver list.
     05/28/2019 2 B   MN Investment Purchase   C B C B B B A A N/A N/A No
207562844 [REDACTED] 521688       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.84990% or Final Disclosure APR of 7.87500% is in excess of allowable threshold of APOR 4.21% + 1.5%, or 5.71000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/28/2019 1 A   MI Primary Refinance - Rate/Term   B A A A B A A A Non QM Non QM No
207562844 [REDACTED] 521688       Compliance Compliance State Compliance Michigan CMPA Home Loan Toolkit Status Michigan Consumer Mortgage Protection Act:  Home Loan Toolkit not provided to borrower.       Reviewer Comment (2019-07-26): Received proof e-disclosure was sent to borrower


Buyer Comment (2019-07-26): ([REDACTED])Please see attached.
 05/31/2019     1 A   MI Primary Refinance - Rate/Term   B A A A B A A A Non QM Non QM No
207562845 [REDACTED] 522444       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.78090% or Final Disclosure APR of 6.79600% is in excess of allowable threshold of APOR 4.69% + 1.5%, or 6.19000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.     Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     05/29/2019 1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
207562845 [REDACTED] 522444       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 6.78090% or Final Disclosure APR of 6.79600% is in excess of allowable threshold of APOR 4.69% + 1.5%, or 6.19000%.  Compliant Higher Priced Loan. Compliant Higher Priced Loan     Reviewer Comment (2019-07-26): Compliant Higher Priced Loan
     05/29/2019 1 A   CA Primary Purchase   C B C B B A A A Non QM Non QM No
207562845 [REDACTED] 522444       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final CD provided [REDACTED] disclosed closing date of[REDACTED], Security Instrument was notarized[REDACTED].     Reviewer Comment (2019-07-26): [REDACTED] received PCCD correcting close date and LOE. Exception Cured.


Seller Comment (2019-07-26): Please see PCCD that was in file showing correct closing date [REDACTED]
   05/31/2019   1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B A A A Non QM Non QM Yes
207562845 [REDACTED] 522444       Credit Income / Employment Income Documentation Income Docs Missing: - ___ Exception Waiver Granted to allow using new partnership income and historic bonus to qualify. File missing current paystubs with YTD income. Borrower was made partner in law first he has worked for the last 5 years in  [REDACTED] . File contained 3 Partner's Draw statements reflecting gross draw amount for each pay period. Using new income to qualify and historic bonus income. PITIA reserves above minimum by 6 months or greater. Number of PITIA Reserves: 26.60 vs 12 required.

FICO score above minimum by 20 points or greater. FICO: 779 vs 640

Borrower has job stability for 5.50 years as an Partner at a [REDACTED].

0 X 30 24 month housing history. 25 months 0x30		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Waived per client's preapproved waiver list.
     05/30/2019 2 B   CA Primary Purchase   C B C B B A A A Non QM Non QM No
207562847 [REDACTED] 520950       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.00710% or Final Disclosure APR of 7.02700% is in excess of allowable threshold of APOR 4.77% + 1.5%, or 6.27000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/30/2019 1 A   CA Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207562847 [REDACTED] 520950       Compliance Compliance State Compliance (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) California Higher-Priced Loan: APR on subject loan of 7.00710% or Final Disclosure APR of 7.02700% is in excess of allowable threshold of APOR 4.77% + 1.5%, or 6.27000%.  Compliant Higher Priced Loan.       Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     05/30/2019 1 A   CA Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207562847 [REDACTED] 520950       Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. The borrower signed the acknowledgement electronically [REDACTED] and signed the e-sign consent on [REDACTED], which is after the acknowledgement.     Reviewer Comment (2019-07-26): Received borrowers earlier consent to receive electronic documents.
 06/03/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
207562847 [REDACTED] 520950       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. CD data field is blank, calculates to be $ [REDACTED]  due to increase in discount points and decrease in lender credit.     Reviewer Comment (2019-07-26): COC's provided - rate lock extension and loan amount changed
 06/05/2019     1 A   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
207562847 [REDACTED] 520950       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 $- [REDACTED] . LE dated[REDACTED] reflects $ [REDACTED] Lender Credit (Loan was locked) and Final CD reflects $0.00.  No evidence of valid changed circumstance found in file to justify this decrease in lender credit.  Note: COC dated  [REDACTED] indicates Lock, however no reason is given and the only lock disclosure provided was for lock date of[REDACTED].     Reviewer Comment (2019-07-26): COC's provided - rate lock extension and loan amount changed
 06/05/2019     1 A   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 A A A C A A A Non QM Non QM Yes
207562847 [REDACTED] 520950       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 $ [REDACTED] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE and as $ [REDACTED]  on Final CD.  COC dated  [REDACTED]  indicates Lock, however no reason is given and the only lock disclosure provided was for lock date of[REDACTED].     Reviewer Comment (2019-07-26): COC's provided - rate lock extension and loan amount changed
 06/05/2019     1 A   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 A A A C A A A Non QM Non QM Yes
207562848 [REDACTED] 520464       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 $3,142.00 exceeds tolerance of $0.00 plus 10% or $0.00.  Insufficient or no cure was provided to the borrower. Fee was disclosed on initial LE, however disclosures were sent electronically and no evidence of consent was located in file rendering disclosure invalid for baseline testing.  No valid COC was provided for addition of fee after, and no evidence of cure was located in file.     Reviewer Comment (2019-07-26): Initial LE issued by Broker was digitally signed prior to the eConsent from the Lender.  Based on guidance from OC missing eConsent or eConsent obtained after initial LE would result in EV3 timing violation but can still be used to set baseline for fees.


Reviewer Comment (2019-07-26): Lender provided a copy of the broker's initial LE.  The file is missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED] to baseline the fees off of the initial LE issued [REDACTED].


Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 05/09/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 $720.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Appraisal Fee disclosed was  last disclosed as $720.00 on LE but disclosed as $740.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure.     Reviewer Comment (2019-07-26): Post-close CD, refund check, proof of delivery, and LOE provided.


Reviewer Comment (2019-07-26): Client provided a post-close CD and refund for the 0% tolerance violation for the appraisal; however the tolerance cure for the 0% tolerance violation for the transfer taxes was not disclosed.  Condition remains until all tolerance violations are cured.


Reviewer Comment (2019-07-26): A cure of $145 is due for zero tolerance on Appraisal Fee or a valid COC for the fee increase.


Reviewer Comment (2019-07-26): Lender provided a copy of the broker's initial LE.  The appraisal fee on the initial LE was disclosed as $575.00 and as $720.00 on the final CD.  The file was missing a valid change of circumstance disclosure increasing the fee or proof of the refund provided to the borrower for $145.00.  The refund must be disclosed on a post-close CD along with 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.  Note: after receipt of the broker's initial LE, the file is also missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED].


Reviewer Comment (2019-07-26): No tolerance violation; e-consent provided


Buyer Comment (2019-07-26): Please see cure on Final CD (L$20.00)


Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 05/24/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 $43.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was disclosed on initial LE, however disclosures were sent electronically and no evidence of consent was located in file rendering disclosure invalid for baseline testing.  No valid COC was provided for addition of fee after, and no evidence of cure was located in file.     Reviewer Comment (2019-07-26): Initial LE issued by Broker was digitally signed prior to the eConsent from the Lender.  Based on guidance from OC missing eConsent or eConsent obtained after initial LE would result in EV3 timing violation but can still be used to set baseline for fees.


Reviewer Comment (2019-07-26): Lender provided a copy of the broker's initial LE.  The file is missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED] to baseline the fees off of the initial LE issued [REDACTED].


Reviewer Comment (2019-07-26): No tolerance violation; e-consent provided


Buyer Comment (2019-07-26): Please see Final CD for cure


Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 05/09/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 $9.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.     Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 04/24/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 $225.00 exceeds tolerance of $175.00.  Insufficient or no cure was provided to the borrower. Examination Fee was not disclosed on Loan Estimate. Was  last disclosed as $175.00 on redisclosed CD but disclosed as $225.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure.     Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 04/24/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 $ [REDACTED]  exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Transfer Tax Fee was disclosed on initial LE, however disclosures were sent electronically and no evidence of consent was located in file rendering disclosure invalid for baseline testing.  No valid COC was provided for addition of fee after, and no evidence of cure was located in file.     Reviewer Comment (2019-07-26): Post-close CD, refund check, proof of delivery, and LOE provided.


Reviewer Comment (2019-07-26): A cure of $26 for the zero tolerance on Transfer Tax fee increase or a valid COC is needed to cure.


Reviewer Comment (2019-07-26): Lender provided a copy of the broker's initial LE.  The file is missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED] to baseline the fees off of the initial LE issued [REDACTED].


Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
 05/24/2019     1 A   GA 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
207562848 [REDACTED] 520464       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% and/or 10% tolerance violations in the amount of $ [REDACTED]  was not provided.  Provide a post-close CD disclosing the tolerance cure of $ [REDACTED] , copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-07-26): Post-close CD, refund check, proof of delivery, and LOE provided.


Reviewer Comment (2019-07-26): Lender provided a copy of the broker's initial LE.  The file is missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED] to baseline the fees off of the initial LE issued [REDACTED].


Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided
   05/28/2019   2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207562848 [REDACTED] 520464       Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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 $ [REDACTED] . The file was missing documentation verifying the borrower's consent to receive electronic documentation.     Reviewer Comment (2019-07-26): Proof of borrowers consent to receive electronic documentation as of the e-signature date of the LE issued [REDACTED] was provided


Buyer Comment (2019-07-26): Electronic Consent
 04/24/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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. The file was missing documentation verifying the borrower's consent to receive electronic documentation.     Reviewer Comment (2019-07-26): Lender provided a copy of the initial LE within three business days of the originator's application date.


Reviewer Comment (2019-07-26): Lender provided a rebuttal stating there were multiple applications provided from the broker but the application dated [REDACTED] was the initial.  The LE and disclosures are required to be provided to the borrower within three business days of the earlier of the broker's application date or the lender's application date.  The rebuttal provided proves the lender's application date, which is not in question.  The broker application date was confirmed as [REDACTED] and the LE and other disclosures provided within three business days of this application date.  Condition remains


Buyer Comment (2019-07-26): LOX


Reviewer Comment (2019-07-26): The disclosures are required to be provided within three business days of the Originator's application date. Condition remains


Buyer Comment (2019-07-26): Initial Loan Application


Reviewer Comment (2019-07-26): Unable to accept Loan Submission as it reflects proof of Lenders application date. Require evidence of Brokers application date as the Broker application in file is reflecting earlier in Feb.


Buyer Comment (2019-07-26): Loan Submission sheet and Loan Application


Reviewer Comment (2019-07-26): File contained an initial 1003 signed and dated [REDACTED]. Requesting documentation verifying the brokers application was [REDACTED].


Buyer Comment (2019-07-26): Please note the application date is [REDACTED] not [REDACTED]. The document was provided within 3 days.


Reviewer Comment (2019-07-26): The borrowers consent to receive electronic documentation was provided; however the file is missing a copy of the LE within three business days of the originators application date of [REDACTED].  The earliest LE in file was issued [REDACTED].  Condition remains


Buyer Comment (2019-07-26): LE Acknowledgment
 05/02/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Missing Settlement Service Provider.     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure


Buyer Comment (2019-07-26): Service Providers List
 04/24/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Borrowers do not meet reserve requirements of  9 months, per documentation provided in loan file.     Reviewer Comment (2019-07-26): 401K assets provided. Exception cleared.


Buyer Comment (2019-07-26): 401K Docs


Reviewer Comment (2019-07-26): Missing [REDACTED]401K documentation.


Buyer Comment (2019-07-26): Please see UW explanation for this exception.
 04/26/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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. Proof of appraisal receipt 3 days prior to, or at closing, was not provided.     Reviewer Comment (2019-07-26): Proof of appraisal receipt 3 days prior to, or at closing was provided.


Buyer Comment (2019-07-26): Appraisal Receipt Form with Election checked


Reviewer Comment (2019-07-26): Lender provided a copy of the Appraisal/Waiver Receipt Form; however there was no option selected in the Election section to confirm the borrowers actual receipt of the appraisal.  Condition remains


Buyer Comment (2019-07-26): Appraisal Receipt Form
 04/24/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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 Your Home Loan Toolkit Disclosure     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure


Buyer Comment (2019-07-26): Home Loan Toolkit
 04/24/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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. Missing Homeownership Counseling Disclosure.     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure


Buyer Comment (2019-07-26): HO Counseling List
 04/24/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Missing Redisclosed LE dated[REDACTED] as per disclosure tracking.     Reviewer Comment (2019-07-26): Lender provided a copy of the re-disclosed LE


Buyer Comment (2019-07-26): LE Redisclosed on [REDACTED]
 04/24/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM Yes
207562848 [REDACTED] 520464       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. Lender provided a copy of the disclosure provided [REDACTED]; however the disclosure is required to be provided within three business days of the originators application date of [REDACTED].     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure within three business days of the originator's application date.


Buyer Comment (2019-07-26): LOX


Reviewer Comment (2019-07-26): The disclosures are required to be provided within three business days of the Originator's application date. Condition remains


Buyer Comment (2019-07-26): Initial Loan Application


Reviewer Comment (2019-07-26): Unable to accept Loan Submission as it reflects proof of Lenders application date. Require evidence of Brokers application date as the Broker application in file is reflecting earlier in Feb.


Buyer Comment (2019-07-26): Loan Submission sheet and Loan Application


Reviewer Comment (2019-07-26): File contained an initial 1003 signed and dated [REDACTED]. Requesting documentation verifying the brokers application was [REDACTED].


Buyer Comment (2019-07-26): Please note application date is [REDACTED] not [REDACTED]. Document was provided within 3 days.
 05/02/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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. Lender provided a copy of the disclosure provided [REDACTED]; however the disclosure is required to be provided within three business days of the originators application date of [REDACTED].     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure within three business days of the originator's application date.


Buyer Comment (2019-07-26): LOX


Reviewer Comment (2019-07-26): The disclosures are required to be provided within three business days of the Originator's application date. Condition remains


Buyer Comment (2019-07-26): Initial Loan App


Reviewer Comment (2019-07-26): Unable to accept Loan Submission as it reflects proof of Lenders application date. Require evidence of Brokers application date as the Broker application in file is reflecting earlier in Feb.


Buyer Comment (2019-07-26): Loan Submission sheet and Loan Application


Reviewer Comment (2019-07-26): File contained an initial 1003 signed and dated [REDACTED]. Requesting documentation verifying the brokers application was [REDACTED].


Buyer Comment (2019-07-26): Please note application date is [REDACTED] not [REDACTED]. Booklet was distributed within 3 days (3/1).
 05/02/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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. Lender provided a copy of the disclosure provided [REDACTED]; however the disclosure is required to be provided within three business days of the originators application date of [REDACTED].     Reviewer Comment (2019-07-26): Lender provided a copy of the disclosure within three business days of the originator's application date.


Buyer Comment (2019-07-26): LOX


Reviewer Comment (2019-07-26): The disclosures are required to be provided within three business days of the Originator's application date. Exception remains.


Buyer Comment (2019-07-26): Initial Loan Application


Reviewer Comment (2019-07-26): Unable to accept Loan Submission as it reflects proof of Lenders application date. Require evidence of Brokers application date as the Broker application in file is reflecting earlier in Feb.


Buyer Comment (2019-07-26): Loan Submission sheet and Loan Application


Reviewer Comment (2019-07-26): File contained an initial 1003 signed and dated [REDACTED]. Requesting documentation verifying the brokers application was [REDACTED].


Buyer Comment (2019-07-26): Please note application date is [REDACTED] not [REDACTED]. Booklet was distributed within 3 days (3/1).
 05/02/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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 $ [REDACTED] . Lender provided a copy of the broker's initial LE.  The file is missing proof of the borrowers consent to receive electronic documentation on or prior to the delivery date of the LE of [REDACTED] to baseline the fees off of the initial LE issued [REDACTED].     Reviewer Comment (2019-07-26): E-consent dated [REDACTED] has been uploaded to portal.


Reviewer Comment (2019-07-26): E-Consent regraded to EV3-C.
 05/28/2019     1 A   GA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207562848 [REDACTED] 520464       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 $720.00 exceeds tolerance of $575.00.  Sufficient or excess cure was provided to the borrower. Post-close CD, refund check, proof of delivery, and LOE provided.     Reviewer Comment (2019-07-26): Post-close CD, refund check, proof of delivery, and LOE provided.
   05/24/2019   2 B   GA Primary Purchase   C B C A C B A A Non QM Non QM Yes
207562848 [REDACTED] 520464       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower. Post-close CD, refund check, proof of delivery, and LOE provided.     Reviewer Comment (2019-07-26): Post-close CD, refund check, proof of delivery, and LOE provided.
   05/24/2019   2 B   GA Primary Purchase   C B C A C B A A Non QM Non QM Yes
207562849 [REDACTED] 522509       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor Qualifying Residual income discrepancy. Calculated investor qualifying disposable income of ___ is less than AUS required disposable income of ___. Client approved exception for residual income of $ [REDACTED]  not meeting minimum required of $ [REDACTED] .  Actual residual income based on Gross Income minus back debt is $ [REDACTED] . FICO score above minimum by 20 points or greater. 709 vs 680

Ownership of subject property of 5 years or greater. [REDACTED] for 18 years.

PITIA reserves above minimum by 6 months or greater. 133 vs 3		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])[REDACTED] to waive based on compensating factors:
PITIA reserves above minimum by 6 months or greater. 133 vs 3
Ownership of subject property of 5 years or greater. Owned property for 18 years.
FICO score above minimum by 20 points or greater. 709 vs 680


Reviewer Comment (2019-07-26): Calculated variance $266.71. Unable to clear, refer to client.


Reviewer Comment (2019-07-26): Please advise, client elects to waive with calculated residual income $2,233.29


Seller Comment (2019-07-26): Sent email to [REDACTED] - Per [REDACTED] conversation with [REDACTED] - variance is only $17 ok to clear
     06/12/2019 2 B   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562849 [REDACTED] 522509       Compliance Compliance Federal Compliance FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. The Facta was not provided.     Buyer Comment (2019-07-26): non-material disclosure.
     06/11/2019 2 B   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562849 [REDACTED] 522509       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.41910% or Final Disclosure APR of 7.48100% is in excess of allowable threshold of APOR 4.24% + 1.5%, or 5.74000%.  Compliant Higher Priced Mortgage Loan. The loan appears to be correctly identified as a higher priced mortgage.     Reviewer Comment (2019-07-26): Higher Priced Mortgage Loan for CA and FED Compliant
     06/04/2019 1 A   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207562850 [REDACTED] 521541       Compliance Compliance Federal Compliance Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.02810% or Final Disclosure APR of 6.05200% is in excess of allowable threshold of APOR 4.16% + 1.5%, or 5.66000%.  Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-07-26): Compliant Higher Priced Mortgage Loan.
     06/05/2019 1 A   WA Primary Purchase   C A C A B A A A Non QM Non QM No
207562850 [REDACTED] 521541       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final CD reflects closing date of[REDACTED], however the Security Instrument was not notarized until[REDACTED]     Reviewer Comment (2019-07-26): [REDACTED] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2019-07-26): ([REDACTED])see loe


Reviewer Comment (2019-07-26): Corrected post close cd received,  Please provide LOE to borrower to cure.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
   06/13/2019   1 A   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A B A A A Non QM Non QM Yes
207562850 [REDACTED] 521541       Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard Insurance Policy Effective Date [REDACTED], Transaction Date: Closing Date [REDACTED] Notary date [REDACTED]     Reviewer Comment (2019-07-26): Hazard insurance effective at time of funding, [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])HOI in file should be acceptable once the final CD clears.


Reviewer Comment (2019-07-26): Received hazard insurance for incorrect borrower.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 06/13/2019     1 A   WA Primary Purchase   C A C A B A A A Non QM Non QM No
207562852 [REDACTED] 522490       Credit Income / Employment Income Documentation Income Docs Missing: - The  [REDACTED] K-1 for  [REDACTED]  was not located in file.     Reviewer Comment (2019-07-26): Received missing [REDACTED].


Buyer Comment (2019-07-26): ([REDACTED])k-1 uploaded
 06/06/2019     1 A   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562852 [REDACTED] 522490       Credit Credit Credit Documentation Aged document: Credit Report  is more than 90 days prior to the note date. - Credit report dated[REDACTED] is more than 120 days of Note date of[REDACTED]. A supplement was provided however it included a mortgage rating only. Copy of email to Client for exception states an exception would likely be granted, however an exception was not located in file. Borrower has job stability for 16 years as a [REDACTED].

0 X 30 24 month housing history. 35 months 0x30

DTI below max by 5% or greater. DTI: 32.34% vs 50%.		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-07-26): Client elects to waive based on compensating factors.


Buyer Comment (2019-07-26): ([REDACTED])Credit report is 123 days old.  3 days over the 120 day requirement.  [REDACTED] to waive based on compensating factors:
DTI below max by 5% or greater. DTI: 32.34% vs 50%.
0 X 30 24 month housing history. 35 months 0x30
Borrower has job stability for 16 years as a [REDACTED] business owner.
$22634 in residual income
     06/14/2019 2 B   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562852 [REDACTED] 522490       Compliance Compliance Federal Compliance Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post [REDACTED], the subject property is in a flood zone, flood insurance is not escrowed. An escrow account was not established. Property is located in a flood zone requiring flood insurance to be escrowed.     Buyer Comment (2019-07-26): informational only.  Flood insurance escrow not required.
     06/13/2019 2 B   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562852 [REDACTED] 522490       Compliance Compliance Federal Compliance [REDACTED] Tax Return Recency - ATR Ability to Repay (Dodd-Frank 2014): [REDACTED] Tax Returns - The business or [REDACTED] tax returns provided are not the most recent. Application Date [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Application date[REDACTED]. File missing most recent 1120S tax return for  [REDACTED] due[REDACTED], and 1040 for  [REDACTED] due[REDACTED]. An extension for  [REDACTED] was not located in file for either business or [REDACTED] return.     Buyer Comment (2019-07-26): non-material: copy of extension provided.  Tax returns not available at time of closing.


Reviewer Comment (2019-07-26): Received both personal and corporate extension [REDACTED]. Please advise if client elects to waive.


Buyer Comment (2019-07-26): ([REDACTED])please see ext
     06/13/2019 2 B   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562852 [REDACTED] 522490       Credit Collateral Missing/Incorrect Missing document: Lease on leasehold property is not in file   Title commitment reflects leasehold property. Appraisal notes since [REDACTED],[REDCTED] has allowed conversion from Leasehold to Fee simple ownership via Quit claim deed. File contained a warranty deed converting from Leasehold to Fee Simple however the warranty deed has not yet been recorded.     Reviewer Comment (2019-07-26): Received recorded warranty deed.
 06/13/2019     1 A   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562852 [REDACTED] 522490       Credit Income / Employment Income Documentation Income Docs Missing:   Complete  [REDACTED]  1120S  with all pages and schedules was not located in file. File contained page 1 only. Please provide all pages.     Reviewer Comment (2019-07-26): Received all missing pages.


Buyer Comment (2019-07-26): ([REDACTED])1120s uploaded
 06/06/2019     1 A   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
207562853 [REDACTED] 522489       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 [REDACTED] disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. Final CD page 2 reflects a cure provided of $547 however on page 3, Calculating Cash to close does not reflects the Cure.     Reviewer Comment (2019-07-26): Exception cured at closing.
   06/11/2019   2 B   WI Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207562853 [REDACTED] 522489       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure provided of $547 was insufficient to cover all fees over tolerance.     Reviewer Comment (2019-07-26): Exception cured at closing.
   06/11/2019   2 B   WI Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207562853 [REDACTED] 522489       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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee for Title - Lender's title insurance increased from $ [REDACTED]  to $ [REDACTED]  without a valid changed circumstance. Sufficient cure of $ [REDACTED] was provided.     Reviewer Comment (2019-07-26): Exception cured at closing.
   06/11/2019   2 B   WI 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 C A Non QM Non QM Yes
207562853 [REDACTED] 522489       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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee for Loan Discount points increased from baseline of $0 to $ [REDACTED]  without a valid changed circumstance. Fee was not disclosed on Loan Estimate. Sufficient cure was not provided.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.
 06/11/2019     1 A   WI 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 C A Non QM Non QM Yes
207562853 [REDACTED] 522489       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 $67.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The Administration Fee of $67 increased from baseline of $0  without a valid changed circumstance and was not disclosed on Loan Estimate  Sufficient cure was not provided.     Reviewer Comment (2019-07-26): [REDACTED] received required documents, exception is cleared.


Reviewer Comment (2019-07-26): Please provide documents for review.  No additional documents have been uploaded for review.


Buyer Comment (2019-07-26): ([REDACTED])please see docs
 06/11/2019     1 A   WI 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 C A Non QM Non QM Yes
207562853 [REDACTED] 522489       Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Desk Review was ordered [REDACTED].  Once received can clear the exception.     Reviewer Comment (2019-07-26): Desk review received.
 06/12/2019     1 A   WI Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207562853 [REDACTED] 522489       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 $1,327.00 exceeds tolerance of $770.00 plus 10% or $847.00.  Sufficient or excess cure was provided to the borrower at Closing. Exception cured at closing.         06/11/2019   1 A   WI Primary Refinance - Rate/Term Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
207571982 [REDACTED]         Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. Pendo for appraisal fee             2 B   WA Primary Purchase   C B A A C B A A Non QM Non QM No
207571982 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-05): LE received by borrower sane day as e-consent obtained


Buyer Comment (2019-08-02): Please review to clear condition. Thank you


Buyer Comment (2019-08-02): Invalid condition - LE was [REDACTED] and signed on [REDACTED] this is within the 3 day period. The e-consent was also signed on [REDACTED] & 1003. These docs were all sent together and signed on [REDACTED].
 08/05/2019     1 A   WA Primary Purchase   C B A A C B A A Non QM Non QM No
207571982 [REDACTED]         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 $400.00 exceeds tolerance of $200.00 plus 10% or $220.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/31/2019   1 A   WA Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207571982 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Esign consent obtained on[REDACTED]hen disclosures sent on [REDACTED]     Reviewer Comment (2019-08-05): LE received by borrower sane day as e-consent obtained
 08/05/2019     1 A   WA Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207571983 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C B A A B B C A Non QM Non QM No
207571983 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. The final Closing Disclosure reflects a Closing Date of[REDACTED]ut the transaction consummation mortgage notary date was[REDACTED]Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207578148 [REDACTED]         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 $7,650.83 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-08): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   08/08/2019   2 B   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
207578151 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Primary Purchase   C A A A C A C A Non QM Non QM No
207578151 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. The finance charges showed a negative difference of $[REDACTED].     Reviewer Comment (2019-08-13): Water/Sewer/Municipal Fee - paid to town excluded from finance charges


Buyer Comment (2019-08-12): Per Compliance: The CD signed at closing matches our system.  May we see where [REDACTED] is showing a "negative difference of $237.07"?
 08/13/2019     1 A   MI Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C A A A C A C A Non QM Non QM Yes
207578156 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CA Primary Refinance - Rate/Term   C B C A B B C A Non QM Non QM No
207578156 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of 100% ownership is not evident.     Reviewer Comment (2019-10-07): Business listing reflects borrower as sole contact and contractor's license reflects business entity as a sole ownership entity; exception cleared.


Buyer Comment (2019-10-03): 100% ownership was verified by using the Business license.
 10/07/2019     1 A   CA Primary Refinance - Rate/Term   C B C A B B C A Non QM Non QM No
207578156 [REDACTED]         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 [REDACTED] 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. Calculated Cash to Close reflects $-473.93 however Summaries of Transaction reflects $2378.60 to borrower.             2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207578159 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-14): Received Replacement Cost Estimator
 08/14/2019     1 A   FL Primary Refinance - Cash-out - Home Improvement   C A C A A A A A Non QM Non QM No
207578159 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           08/02/2019   1 A   FL Primary Refinance - Cash-out - Home Improvement Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207578161 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
207578161 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing third party verification of business completed within 10 days of closing.     Reviewer Comment (2019-09-06): Rec'd CPA letter dated [REDACTED].


Buyer Comment (2019-09-05): Please review


Reviewer Comment (2019-08-21): Received a Certified Producer's Certificate issued to a [REDACTED].   Issue remains EV3 for third party verification dated within 10 days of closing for Borrower's business, [REDACTED].   Business bank statements used are [REDACTED].  CPA letters in file state Borrower is 100% owner of [REDACTED]
 09/06/2019     1 A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
207578161 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Transaction Error: Outstanding liens were not paid at closing. -       Reviewer Comment (2019-08-21): data capture corrected
 08/21/2019     1 A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
207578161 [REDACTED]         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 $236.28 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-20): Monthly HOA verified at $21.48.  Updated and retested.
 08/20/2019     1 A   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207578163 [REDACTED]         Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   Per Lender Exception Approval Form (Doc 172):  Housing History not met as using Private VOR's in lieu of Cancelled Checks. 3.269% DTI on this Bank statement documentation loan < 55% guideline max

Borrower on this Alt documentation loan has a disposable income of over $142,193.56.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-12): CRE - D172


Buyer Comment (2019-08-09): plz regrade as we upld exception

thanks
     08/12/2019 2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207578163 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.60530% or Final Disclosure APR of 6.63200% is in excess of allowable threshold of APOR 4.03% + 1.5%, or 5.53000%.  Compliant Rate Spread Home Loan. Compliant Rate Spread Home Loan.   State of North Carolina.             2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207578165 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207578165 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.         Reviewer Comment (2019-09-24): 137% payment shock meets guidelines.


Reviewer Comment (2019-09-08): Nothing provided, only have prior payment for borrower renting


Buyer Comment (2019-09-05): Payment shock was in error and now is now corrected; new CRSE has been put in the file.
Shock was reflecting too high because it did not include the borrower's rent amount; only the lower mortgage payment for B2.

 the payment shock was corrected by adding B1 rent amount (missing on original


Reviewer Comment (2019-09-04): One (1) CRE in file (D0003 page [REDACTED]) does indicate any exceptions approved by Lender.    Issue remains EV3 for 347.21% payment shock > 250% for a First Time Home Buyer


Buyer Comment (2019-08-29): CRSE was uploaded to clear this condition. Please clear.
 09/24/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207578165 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Provided proof of 100% Ownership or Verification self-employed 2 years     Reviewer Comment (2019-08-27): All business entity documents only reflect Borrower, ok to clear.
 08/27/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207578165 [REDACTED]         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 $525.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           07/31/2019   1 A   FL Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207578166 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207578166 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ 16 overdrafts in the most recent 24 months.  Letter of explanation or lender exception for overdraft activity was not provided. 21.834% DTI on this Alternative documentation loan < 55% guideline max - 33% below program guideline maximum

23.76 months reserves > 4 months guideline minimum

Borrower on this Alternative documentation loan has a disposable income of $10,377.25		 Originator

Originator

Originator		 Reviewer Comment (2019-08-12): Rec'd CRE - D218
     08/12/2019 2 B   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207578166 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Asset Account Date: ___ Asset account is > 120 days prior to note date. 21.834% DTI on this Alternative documentation loan < 55% guideline max - 33% below program guideline maximum

23.76 months reserves > 4 months guideline minimum

Borrower on this Alternative documentation loan has a disposable income of $10,377.25		 Originator

Originator

Originator		 Reviewer Comment (2019-08-12): Rec'd CRE - D218
     08/12/2019 2 B   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207578167 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Exception granted for payment shock Credit history 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]

Borrower on this Bank Statement documentation loan has a disposable income of $25,079.50		 Originator

Originator		 Reviewer Comment (2019-08-30): CRE in file for payment shock > 350% maximum allowed


Buyer Comment (2019-08-12): Note: You have;
Exception Information
Exception granted for payment shock, but you still have it marked a 3
     08/30/2019 2 B   NV Primary Purchase   C B C B C A A A Non QM Non QM No
207578167 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Asset Account Date: ___
Asset Account Date: ___
Asset Account Date: ___		 Updated statement needed Credit history 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]

Borrower on this Bank Statement documentation loan has a disposable income of $25,079.50		 Originator

Originator		 Reviewer Comment (2019-09-07): Exception approval for stale dated account based on credit history and residual income


Buyer Comment (2019-09-03): Sent a CRE for expired reserves acct for Financial Institution: [REDACTED] / End Date: [REDACTED] // Account Type: 401(k)/403(b) Account / Account Number: , Financial Institution: [REDACTED] / End Date: [REDACTED] // Account Type: 401(k)/403(b) Account / [REDACTED], Financial Institution: [REDACTED] / End Date: [REDACTED] // Account Type: 401(k)/403(b) Account / Account Number: 189..as these funds were for reserves only


Reviewer Comment (2019-08-30): Received account summary update on [REDACTED] dated [REDACTED].  Updated [REDACTED] for 3 retirement accounts. Statements are 112 days old > 90 days to use for reserves.   Statements are > 112 days old, missing proof of liquidation and receipt to use for closing


Buyer Comment (2019-08-29): Info been uploaded since [REDACTED]


Buyer Comment (2019-08-27): Note: Per CD in Closing Docs; Bwrs only needed Cash to close of $138,987.30, EMD od $102,061 cleared.
     09/07/2019 2 B   NV Primary Purchase   C B C B C A A A Non QM Non QM No
207578167 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller CD not provided     Reviewer Comment (2019-08-13): Seller CD provided
 08/13/2019     1 A   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207578167 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No lender credit for tolerance cure     Reviewer Comment (2019-08-13): COC - loan amount and sales price increase
 08/13/2019     1 A   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207578167 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. No lender credit for tolerance cure     Reviewer Comment (2019-08-13): COC - loan amount and sales price increase
 08/13/2019     1 A   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 B C A A A Non QM Non QM Yes
207578167 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   [REDACTED] months reserves < 4 months required under Platinum program.  ****  Reviewed asset documentation provided.  **** All 3 [REDACTED] t accounts excluded as qualifying assets for reserves and closing.  Statements are 112 days old > 90 days to use for reserves.   Statements are > 112 days old, missing proof of liquidation and receipt to use for closing.    **** Received account summary update on  [REDACTED] dated[REDACTED].  $ [REDACTED] transfer on[REDACTED] from [REDACTED]  increases # [REDACTED]  balance to $158,465.03.    Most recent [REDACTED] business account statement dated[REDACTED] verifies a $ [REDACTED]  balance prior to $ [REDACTED]  transfer on[REDACTED].   Net $ [REDACTED]  of $ [REDACTED]  not verified.  Lender did not provide a updated account summary for [REDACTED] dated[REDACTED] verifying account balance after $ [REDACTED] transfer out to # [REDACTED]     Reviewer Comment (2019-09-07): Exception provided for documentation age; reserves are sufficient.
 09/07/2019     1 A   NV Primary Purchase   C B C B C A A A Non QM Non QM No
207578167 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   Missing updated account summary for [REDACTED] dated[REDACTED] verifying account balance after $ [REDACTED] transfer out to # [REDACTED]     Reviewer Comment (2019-09-07): Updated account history provided (D369) dated through [REDACTED] showing remaining balance after transfer; exception cleared.


Buyer Comment (2019-09-03): why do you need this, Bwr had the funds to close on Subj Prop
 09/07/2019     1 A   NV Primary Purchase   C B C B C A A A Non QM Non QM No
207578173 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-21): Evidence of insurance in file documents [REDACTED] dwelling coverage + $22,920.00 extended dwelling coverage which equal to [REDACTED] estimated replacement cost for subject property.  Estimated replacement cost amount is embedded in evidence of insurance.    A replacement cost estimator is not required in this instance.


Buyer Comment (2019-08-19): plz note policy stated 100% replacement cost ocverage and estimated replacement cost is [REDACTED] and loan amount is [REDACTED] we have enough coverage.

tks
 08/21/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing mortgage statement for [REDACTED],     Reviewer Comment (2019-09-06): Received Mortgage history


Reviewer Comment (2019-09-06): Rec'd evidence of  [REDACTED] and [REDACTED] mortgages being released.  Still missing evidence the [REDACTED] mortgage recorded [REDACTED]as released.


Reviewer Comment (2019-08-29): [REDACTED] report reflects mortgage for [REDACTED] taken out on [REDACTED] has not been released; missing verification of monthly mortgage payment for this loan.  Releases on [REDACTED] and [REDACTED] were for prior mortgages taken out on [REDACTED] and [REDACTED]; property was refinanced on [REDACTED] for [REDACTED].


Reviewer Comment (2019-08-26): Received page 1 (of 8 page report).  Pages 2 - 8 not provided.  Issue remains EV3 for a credit supplement confirming [REDACTED] [REDACTED] is paid off in full with zero unpaid balance with no unpaid balance due.  Missing satisfactory evidence that [REDACTED] is owned free and clear of any mortgage(s) obligation


Buyer Comment (2019-08-22): plz note both [REDACTED] show no financing available


Reviewer Comment (2019-08-21): Issue remains EV3 for a credit supplement confirming [REDACTED] [REDACTED] is paid off in full with zero unpaid balance with no unpaid balance due.  Missing satisfactory evidence that [REDACTED] is owned free and clear of any mortgage(s) obligation


Buyer Comment (2019-08-21): I have upld docs addressing both properties and on the credit report act shows closed


Reviewer Comment (2019-08-12): Mortgage statement not provided; missing verification of current mortgage payment with [REDACTED].  Amount used by Lender on Final 1003 and FInal 1008 is not verified; $7318.80
 09/06/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing Insurance Verification, Statement, Tax Verification for [REDACTED]     Reviewer Comment (2019-09-06): The mortgage on [REDACTED]has not closed yet, 6 weeks past the subject transaction.  Included proposed payment in the DTI.


Reviewer Comment (2019-09-06): Please provide CD and Approval for new loan - to offset it not closing.


Buyer Comment (2019-08-27): We have to consider any new disclosed Liabilities in the borrowers DTI.  / This loan has not closed yet


Reviewer Comment (2019-08-26): Received a [REDACTED] report. Issue remains EV3 for missing [REDACTED] mortgage statement for [REDACTED] mortgage loan ($1,241.31 payment amount ) that is secured by [REDACTED] property per Final 1003 Schedule of REO and Liabilities Addendum to 1003.  Issue remains EV3 for evidence of HOA or Borrower's signed attestation that HOA dues are not required for property


Reviewer Comment (2019-08-21): Received annual insurance and tax verification for property.  Issue remains EV3 for missing [REDACTED] mortgage statement for [REDACTED] mortgage loan ($1,241.31 payment amount ) that is secured by [REDACTED] property per Final 1003 Schedule of REO and Liabilities Addendum to 1003.  Issue remains EV3 for evidence of HOA or Borrower's signed attestation that HOA dues are not required for property
 09/06/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing CPA letter verifying borrower's percentage of ownership in business.     Reviewer Comment (2019-08-12): Rec'd Articles of Incorporation in trailing docs; exception cleared.


Buyer Comment (2019-08-09): please note borrower is only listed agent on sos and aoc
 08/12/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Final 1003 reflects new mortgage with [REDACTED] for $[REDACTED] with monthly payment of $[REDACTED]; Final 1003 also associates this mortgage to[REDACTED] which has been verified as purchased with no mortgage.  File is missing verification of new mortgage loan and property associated with transaction.     Reviewer Comment (2019-09-06): The mortgage on [REDACTED]has not closed yet, 6 weeks past the subject transaction.  Included proposed payment in the DTI.


Buyer Comment (2019-08-30): This property has not closed yet.We have to consider any new disclosed Liabilities in the borrowers DTI.
 09/06/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578173 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of mortgage payment history on primary residence with $[REDACTED]loan since [REDACTED]     Reviewer Comment (2019-09-06): Received


Reviewer Comment (2019-09-06): Missing documentation the [REDACTED] mortgage has been released. Still missing VOM.


Buyer Comment (2019-08-30): there is no mtg
 09/06/2019     1 A   TX Investment Purchase   C A C A A A C A N/A N/A No
207578175 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception with compensating factors provided. Borrower credit history with no late payments.

Residual income of $11,482.39 exceeds requirement of $1,500		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-02): Lender exception provided D0155
     08/02/2019 2 B   FL Primary Purchase   C B B B A A C A Non QM Non QM No
207578175 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C B B B A A C A Non QM Non QM No
207578177 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements use to determine income indicate 10 NSF/Overdrafts.  Missing Lender's statement NSF's/Overdrafts were reviewed for acceptability.     Reviewer Comment (2019-08-10): 1008 (D0147) provided indicates UW reviewed NSF's and determined the file acceptable with the NSF's.
 08/10/2019     1 A   MO Primary Refinance - Cash-out - Home Improvement   C A C A A A C A Non QM Non QM No
207578177 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score of 2.5
 10/24/2019     1 A   MO Primary Refinance - Cash-out - Home Improvement   C A C A A A C A Non QM Non QM No
207578179 [REDACTED]         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. Provided[REDACTED]; closed[REDACTED].     Reviewer Comment (2019-08-14): [REDACTED] received [REDACTED] CD. Exception Cleared.
 08/14/2019     1 A   MO Primary Refinance - Cash-out - Home Improvement No Defined Cure C B A B C A A A Non QM Non QM No
207578179 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Per section 2.7 of the Portfolio Program Guidelines,the appraisal must include three (3) recent closed sales and at least two (2) additional current listings or pending sales for all property types on all loans.  Only 1 listing was provided. 17% DTI < 55% guideline max

Borrower  has a disposable income of $18,600		 Originator

Originator		 Reviewer Comment (2019-10-22): Exception approval
       2 B   MO Primary Refinance - Cash-out - Home Improvement   C B A B C A A A Non QM Non QM No
207578180 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $420.00.     Reviewer Comment (2019-08-23): Tolerance exceptions are addressed. Exception Cleared.
 08/23/2019     1 A   TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207578180 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $420.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $420.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and payee was undisclosed on Final Consumer CD.     Reviewer Comment (2019-08-23): [REDACTED] received PCCD correcting payee and LOE. Exception Cured.


Reviewer Comment (2019-08-09): Title - Settlement / Closing / Escrow Fee of $420 does not have a provider name listed on the Final CD.  Attestation received from lender. However, in order to test the fee correctly please provider LOE to borrower and Post Close CD with provider name
   08/23/2019   2 B   TN 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
207578180 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section C Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Shop For. Section C Closing Fee and Closing Protection Letter Fee did not provide a valid payee.             2 B   TN Primary Purchase Good Faith Redisclosure C B C A C B C A Non QM Non QM Yes
207578180 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   TN Primary Purchase   C B C A C B C A Non QM Non QM No
207578180 [REDACTED]         Compliance Compliance Miscellaneous Compliance Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Payees were not provided.             2 B   TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207578180 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of existance of business within 10 days of closing was not provided.     Reviewer Comment (2019-08-12): third party verification provided
 08/12/2019     1 A   TN Primary Purchase   C B C A C B C A Non QM Non QM No
207578189 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Escrow TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Initial Escrow Payment at Closing that does not match amount per month calculation. The hazard insurance policy in file reported an annual premium of $[REDACTED] versus $[REDACTED] reported on the Final CD.  Homeowner's insurance under Initial Escrow Payment reported an amount of $[REDACTED] versus actual amount per month calculation of $[REDACTED].  It appears UW used declaration page for a different property different loan that was provided in the loan documentation.             2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
207578189 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Homeowner's insurance under Prepaids amount of $[REDACTED] does not match amount per month calculation of $[REDACTED]. (Fin[REDACTED])             2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
207578189 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Clause was not evident.             2 B   WA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207578189 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   WA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207578192 [REDACTED]         Compliance Compliance State Compliance (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) Maryland Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.               2 B   MD Primary Purchase   C B C A B B A A Non QM Non QM No
207578192 [REDACTED]         Compliance Compliance State Compliance Maryland HPML Threshold Test Non-Compliant Maryland Higher-Priced Mortgage Loan: APR on subject loan of 9.16260% or Final Disclosure APR of 9.21000% is in excess of allowable threshold of APOR 3.87% + 1.5%, or 5.37000%.  Non-Compliant Higher Priced Loan.               2 B   MD Primary Purchase   C B C A B B A A Non QM Non QM No
207578192 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ A verbal verification of employment, with Watkins Security, within ten (10) days of closing, or at any point, post-closing is not evident.     Reviewer Comment (2019-08-14): VOE provided (D0214)
 08/14/2019     1 A   MD Primary Purchase   C B C A B B A A Non QM Non QM No
207578193 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Per Platinum Matrix, no collections/charge offs/Judgments in past 24 months are allowable.  [REDACTED] paid collection for $77, last active 7/2017 is within 24 months. 3.86% DTI on this Alternative documentation loan < 55% guideline max

Borrower on this Alternative documentation loan has a disposable income of $153,114.67		 Originator

Originator		 Reviewer Comment (2019-08-19): Rec'd CRE - D163


Reviewer Comment (2019-08-19): cleared in error


Reviewer Comment (2019-08-19): Re-set as guideline exception to waive correctly.


Reviewer Comment (2019-08-13): Lender provides a copy of top one half of section 5.9.1 of Collections & Charge-offs section of guidelines.  Issue remains EV3 for CRE with compensating factors for paid Online Collections [REDACTED] dated [REDACTED] within past two (2) years  of[REDACTED] Note date. None allowed in the past two (2) years under Platinum program per bottom half of section 5.91.1 of Collections & Charge-offs section of guidelines
     08/19/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207578193 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Per section 2.7 of Portfolio Program Guidelines [REDACTED], the appraisal must include three (3) recent closed sales and at least two (2) additional current listings or pending sales for all property types on all loans.  The appraisal only provides 1 listing comparable. 3.86% DTI on this Alternative documentation loan < 55% guideline max

Borrower on this Alternative documentation loan has a disposable income of $153,114.67		 Originator

Originator		 Reviewer Comment (2019-08-19): Rec'd CRE - D163
     08/19/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207578195 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C A A A C A C A Non QM Non QM No
207578195 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-08-12): TX FMV signed by Lender was provided
 08/12/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $161.80.     Reviewer Comment (2019-08-09): Attestation provided fees further outsourced by borrower chosen provider
 08/09/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney's Fee (Closing Agent and Other).  Fee Amount of $100.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $100.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-09): Attestation provided fees further outsourced by borrower chosen provider
 08/09/2019     1 A   TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided) Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower. Missing itemized statement     Reviewer Comment (2019-08-23): Rec'd signed Owner Affidavit acknowledging receipt at least one business day prior to closing; exception cleared.
 08/23/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         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 $59.80 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $59.80 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-09): Attestation provided fees further outsourced by borrower chosen provider
 08/09/2019     1 A   TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-09): Cure provided at closing.
 08/09/2019     1 A   TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A C A Non QM Non QM Yes
207578195 [REDACTED]         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 TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Cure provided at closing.         08/09/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C A A A C A C A Non QM Non QM Yes
207578198 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing VVOE dated within 10 days of closing.     Reviewer Comment (2019-08-09): Received
 08/09/2019     1 A   NJ Primary Purchase   C B C B A A C A Non QM Non QM No
207578198 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception was not provided.  Limited tradelines require 6 months reserves. 41.43646% LTV < 75% guideline max

Borrower on this Full documentation loan has a disposable income of $3,031.77		 Originator

Originator		 Reviewer Comment (2019-08-09): Received Credit Risk Summary & Exception Approval.


Reviewer Comment (2019-08-09): Received Credit Risk Summary & Exception Approval. Calculated PITIA months reserves of 4.09 is less than Guideline PITIA months reserves of 6.00.
     08/09/2019 2 B   NJ Primary Purchase   C B C B A A C A Non QM Non QM No
207578198 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C B C B A A C A Non QM Non QM No
207578207 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of the existence of the business required within ten (10) days of closing was not provided.     Reviewer Comment (2019-10-01): Rec'd third party verification through CPA email and verification of CPA in trailing docs; exception cleared


Buyer Comment (2019-10-01): 3rd Party verification from CPA via email has been uploaded since [REDACTED]


Buyer Comment (2019-09-27): Hi..Re-attached CPA Letter that is in file for Bwrs as well as Co-Bwr. Email attaches is email from CPA verifying info from LOX form CPA that Bwr is SCH/[REDACTED]


Reviewer Comment (2019-09-08): Guidelines require third party verification within 10 days of closing; exception remains EV3.


Buyer Comment (2019-09-05): Bwr is Sch C which is [REDACTED]. We cant get 3rd party verification if Bwr works Sch C


Reviewer Comment (2019-08-29): Per CPA letter (D0194), "[REDACTED] (Co-borrower) has been [REDACTED] and filing a Schedule C" for past 2 years.  1003 states [REDACTED] "[REDACTED] - Maintenance".  Missing third party verification dated within 10 days of closing


Buyer Comment (2019-08-27): Note: you are correct  Bwr is SE and files Sch C this is considered Misc Income


Reviewer Comment (2019-08-26): Per CPA letter (D0194), "[REDACTED] (Co-borrower) has been [REDACTED] and filing a Schedule C" for past 2 years.  1003 states [REDACTED] "[REDACTED]  - Maintenance".  Missing third party verification dated within 10 days of closing


Buyer Comment (2019-08-22): Note: Please refer to our guides for Non-Prime section 6.28 (Misc Inocme) as Bwr is Sch C; Bwr doesn't own a Business please clear. We will not have existence of Business as this doesn't pertain to this Bwr.
 10/01/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207578207 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207578209 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Policy effective seven (7) days after closing.     Reviewer Comment (2019-08-15): UPS Insurance Policy provided for [REDACTED] dwelling coverage with a [REDACTED] to [REDACTED] policy period
 08/15/2019     1 A   FL Investment Purchase   C B C B A A A A N/A N/A No
207578209 [REDACTED]         Credit Guideline Guideline Issue Gift Funds not allowable per guidelines.   Gift, from parent, is not allowed on investment property. Borrower on this Bank Statement documentation loan has a disposable income of $19,306.58

Borrower has job stability for 14.82 years as owner of [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-08-15): CRE provided for Gift Funds used on investment loan transaction.  Gift funds allowed on Primary residence only.
     08/15/2019 2 B   FL Investment Purchase   C B C B A A A A N/A N/A No
207578210 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   CA Primary Purchase   C A A A A A C A Non QM Non QM No
207578212 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-12): Document 0200 confirms Initial LE also sent via [REDACTED]


Buyer Comment (2019-08-09): Note: LE was sent via [REDACTED] and using the mailbox rule Bwr can E-Consent at any point to E-Disclosure during the Mtg. Cycle this is well w/in the TRID guidelines
 08/12/2019     1 A   TX Primary Purchase   C A A A C A A A Non QM Non QM No
207578223 [REDACTED]         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 issued[REDACTED]nd matches escrow account statement.             2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM Yes
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate Initial Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual toatal payment for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-19): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Rescission re-opened and expired [REDACTED]


Reviewer Comment (2019-08-14): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission provided and expires [REDACTED]. Exception can be cleared once recession expires
   08/19/2019   2 B   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Interest Rate TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] disclosed an Interest Rate that does not match the actual interest rate for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure provided
   08/14/2019   1 A   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Loan Amount TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] disclosed a Loan Amount that does not match the actual loan amount for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure provided
   08/14/2019   1 A   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-21): Letter of Explanation, Proof of Delivery and Corrected CD provided. Cure check not required.  Confirmed from Final Settlement Statement borrower not charged the fee.


Reviewer Comment (2019-08-16): Pending Final Settlement Statement. [REDACTED] received received Post Close CD issued [REDACTED].  Documents notarized on [REDACTED].  Need Final Settlement Statement to confirm PAD fee not charged to the borrower.


Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure provided.  Please provide Final Settlement Statement to confirm borrower not charged a PAD fee.
   08/21/2019   2 B   CA Primary Refinance - Cash-out - Other Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B A A Non QM Non QM Yes
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Principal and Interest TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [REDACTED] disclosed a Principal and Interest Payment that does not match the actual payment for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-19): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Rescission re-opened and expired [REDACTED]


Reviewer Comment (2019-08-14): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission provided and expires [REDACTED]. Exception can be cleared once recession expires
   08/19/2019   2 B   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-19): Letter of Explanation, Proof of Delivery, Corrected CD provided.  Rescission re-opened and expired [REDACTED]


Reviewer Comment (2019-08-14): Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission provided and expires [REDACTED]. Exception can be cleared once recession expires
   08/19/2019   2 B   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
207578223 [REDACTED]         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 [REDACTED] 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. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure
   08/14/2019   2 B   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Summaries Of Transactions - Loan Amount TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [REDACTED] disclosed a Loan Amount that does not match the actual loan amount for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure
   08/14/2019   2 B   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Cured by Post Close CD.  The loan amount and rate changed prior to closing but post "final" CD.     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure provided
   08/14/2019   2 B   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
207578223 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. The documents were dated [REDACTED] and the signing was [REDACTED].  The Post Close CD was signed [REDACTED].     Reviewer Comment (2019-08-14): Letter of Explanation & Corrected Closing Disclosure required to cure.  Post Close CD still reflects [REDACTED] as a closing date
       2 B   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
207578223 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-20): Rec'd Final Title policy in trailing docs.
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207578223 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   NSF/Overdraft activity on 12 month personal bank statement reflects 31 however, review of acceptability is not evident in the file per guidelines.     Reviewer Comment (2019-08-15): 1008 provided (D0183)  indicates UW reviewed NSF's and determined the file acceptable with the NSF's.
 08/15/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207578223 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. PITIA reserves not met but meets exception policy based on compensating factor of credit history, LTV  at 65% and Residual Income. Borrower has job stability for 6.22 years as owner of [REDACTED]

30.136% HDTI and 44.285% DTI on this 12 Mo Personal bank statement documentation loan < 40%/55% guideline max		 Originator

Originator		 Reviewer Comment (2019-08-26): Rec'd valid CRE - D192


Reviewer Comment (2019-08-20): Rec'd duplicate CRE using payment shock as comp factor.  Borrowers monthly payment did not decrease; payment shock is not a valid/acceptable comp factor.  Please provide CRE with at least 2 valid and verified compensating factors.


Reviewer Comment (2019-08-15): Received CRE for 0 months reserves < 6 months minimum with payment shock as compensating factor.  Borrower's housing payment did not decrease.  Issue remains EV3 for CRE for 0.37 months reserves < 4 months minimum under Portfolio Select with verified compensating factors.
     08/26/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207578223 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Vesting still reflected in [REDACTED] on title however, not reflected in[REDACTED] on Mortgage.     Reviewer Comment (2019-08-20): Rec'd Final Title policy in trailing docs.
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207578226 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C B A A B B C A Non QM Non QM No
207578226 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months not provided             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207578264 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Articles of Organization/Formation not provided         Reviewer Comment (2019-08-26): Rec'd Articles of Organization in trailing docs; exception cleared.


Buyer Comment (2019-08-22): plz notice at the top of the page upld on [REDACTED] show [REDACTED]

thanks


Reviewer Comment (2019-08-15): Missing a copy of the filed articles of organization to evidence the existence of [REDACTED]
 08/26/2019     1 A   FL Investment Purchase   C A C A     C A     No
207578264 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Business Purpose Certificate not provided   N/A     Reviewer Comment (2019-08-15): Guidelines do not indicate a requirement for a  Business Purpose Purpose Certificate


Buyer Comment (2019-08-13): n/a
 08/15/2019     1 A   FL Investment Purchase   C A C A     C A     No
207578264 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Corporate Resolution not provided   N/A     Reviewer Comment (2019-09-04): all signors are members, no additional signatures required corp. resolution not required


Reviewer Comment (2019-09-03): Corporate resolution was not provided; Operating agmt does not give borrower exclusive right to sign for the company.


Buyer Comment (2019-08-28): Operating agreement reflects both members, [REDACTED] and [REDACTED]as members. Both members signed all documents. A corporate resolution is only needed if all members did not sign. In this case, all members of LLC signed closing pkg. please advise.


Reviewer Comment (2019-08-26): Corporate resolution was not provided; Operating agmt does not give borrower exclusive right to sign for the company.


Buyer Comment (2019-08-22): plz note doc is signed by both also shows them 50 /50 and both parties on doc is also on the loan.

thanks.


Reviewer Comment (2019-08-15): Missing a copy of the fully executed operating agreement reflecting the borrower is an authorized signer on behalf of [REDACTED] and has the power to first mortgage the security property for the purpose of securing a loan.
 09/04/2019     1 A   FL Investment Purchase   C A C A     C A     No
207578264 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Loan limit is within required guidelines     Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   FL Investment Purchase   C A C A     C A     No
207578264 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___ Lease avg from Credit report was used for calculation     Reviewer Comment (2019-08-14): DSCR is 1.07%


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR
 08/14/2019     1 A   FL Investment Purchase   C A C A     C A     No
207578267 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief


Reviewer Comment (2019-08-19): AVM is invalid without a FSD Score for securitization
 10/24/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207578267 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): Inverse DSCR not a guideline requirement


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR. This is not in our guidelines. Please waive.
 08/14/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207578271 [REDACTED]         Credit Fix and Flip General Insufficient funds for Reserves. Guidelines require ___  of reserves, and verified reserves are ___. Exception made for no reserves; guideline requirement are 6 months 70% LTV < 75% max. Originator Reviewer Comment (2019-08-12): Exception in file for reserves < guideline minimum.
     08/12/2019 2 B   CA Investment Refinance - Rate/Term   C B C B     B A     No
207578271 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___. Exception made for no reserves; guideline requirement are 6 months 70% LTV < 75% max. Originator Reviewer Comment (2019-08-12): Exception in file for reserves< guideline minimum.
     08/12/2019 2 B   CA Investment Refinance - Rate/Term   C B C B     B A     No
207578271 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___   70% LTV < 75% max. Originator Reviewer Comment (2019-08-12): Rec'd exception for DSCR exceeds 90%.
     08/12/2019 2 B   CA Investment Refinance - Rate/Term   C B C B     B A     No
207578271 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Rate/Term   C B C B     B A     No
207578272 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Investment Purchase   C A A A     C A     No
207578273 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): Inverse DSCR not a guideline requirement


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR; please point out in our guides where this is stated.
 08/14/2019     1 A   MD Investment Purchase   C B C A     C B     No
207578273 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): received CDA


Reviewer Comment (2019-08-19): AVM is invalid without a FSD Score for securitization
 10/23/2019     1 A   MD Investment Purchase   C B C A     C B     No
207578273 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   MD Investment Purchase   C B C A     C B     No
207578274 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): Inverse DSCR not a guideline requirement


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR
 08/14/2019     1 A   GA Investment Purchase   C A C A     B A     No
207578274 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): CU Score is 1.9
 10/20/2019     1 A   GA Investment Purchase   C A C A     B A     No
207578275 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Purchase   C A A A     C A     No
207578277 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Lender exception approval for credit score of < 700 for DSCR under 1%. Compensating Factors: Credit history and reserves Consumer credit payment history 0x30 for 24+ months

52 months reserves > 6 months guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-10): CRE-D158
     08/10/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
207578277 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): Inverse DSCR not a guideline requirement


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR. This is not in our guidelines.  Please waive.


Reviewer Comment (2019-08-12): CRE provided does not address exception.  Issue remains EV3 for a CRE with verified compensating factors for 91% Debt Service Coverage Ratio / Cash Flow Ratio > 90%
 08/14/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
207578277 [REDACTED]         Credit Insurance Insurance Documentation Hazard Insurance Error: Missing HO-6 policy, blanket hazard insurance policy provided does not contain unit interior coverage.         Reviewer Comment (2019-08-10): Walls-in coverage included; exception cleared.


Buyer Comment (2019-08-08): Per Insurance Agent: The Walls In coverage amount is equal to the Building Property Coverage amount which is [REDACTED].  This is a blanket policy.  Please clear the condition.
 08/10/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
207578277 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     B A     No
207578278 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   NC Investment Purchase   C A A A     C A     No
207578280 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Exception made for 630 credit score less than 640 requirement. (Comp factor: score dropped due to delinquent minor acct with [REDACTED]) 34.83 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-08-14): Received Credit Risk Summary & Exception Approval.


Reviewer Comment (2019-08-14): CRE received for 630 credit score < 640 minimum with credit history as a compensating factor with reported 30's, 60, 90 and $24,437.00 automobile loan settled/paid for less than full balance.  Issue remains EV3 for CRE for 630 credit score < 640 minimum required with verified compensating factors
     08/14/2019 2 B   FL Investment Purchase   C B C B     C A     No
207578280 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Purchase   C B C B     C A     No
207578280 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): DSCR 1.06


Buyer Comment (2019-08-13): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR
 08/14/2019     1 A   FL Investment Purchase   C B C B     C A     No
207584210 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - The[REDACTED]bank statement was not provided. This statement was used in the income calculation per the Income Calculation Worksheet.     Reviewer Comment (2019-08-07): Received
 08/07/2019     1 A   TX Primary Purchase   C B C A B B A A Non QM Non QM No
207584210 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Amount for Recording Fees TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed the total amount for all recording fees on a line other than the first line. The Buyer's CD reflects recording fees on the first line of Section E. The seller's CD reflects a POA recording fee on the third line.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207587689 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Investment Refinance - Cash-out - Other   C B B B     C A     No
207587689 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B B B     C A     No
207609326 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Certificate of Good Standing not provided         Reviewer Comment (2019-08-15): Doc provided filed [REDACTED] (D0132)
 08/15/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207609326 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207609329 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): received CDA
 10/23/2019     1 A   AZ Investment Refinance - Cash-out - Other   C B A A     C B     No
207609329 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   AZ Investment Refinance - Cash-out - Other   C B A A     C B     No
207609330 [REDACTED]         Credit Guideline General Inverse DSCR exceeds 90%. - Inverse DSCR:  ___       Reviewer Comment (2019-08-14): Inverse DSCR not a guideline requirement


Buyer Comment (2019-08-14): [REDACTED] doesn't use any Calculations in our guides using Inverse DSCR; please point out in our guides where this is stated
 08/14/2019     1 A   PA Investment Refinance - Cash-out - Other   C A C A     C A     No
207609330 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   PA Investment Refinance - Cash-out - Other   C A C A     C A     No
207609331 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-08-23): updated input


Reviewer Comment (2019-08-20): Duplicate copy of AVM dated[REDACTED] provided.  AVM is invalid without a FSD Score for securitization


Reviewer Comment (2019-08-16): Duplicate copy of AVM without a FSD score provided.  AVM is invalid without a FSD Score for securitization
 08/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207609331 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207609651 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Tax Prepaid Other 1 Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Tax Prepaid - Other under Prepaids. Seller-paid delinquent county taxes in Section F of final CD.     Reviewer Comment (2019-08-26): Letter of Explanation & Corrected Closing Disclosure required to cure.  Post Close CD received section F prepaid taxes is blank for the # of months.
       2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207609651 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/26/2019   2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207609651 [REDACTED]         Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[REDACTED]  is less than amount of binding Lender Credit previously disclosed in the amount of $[REDACTED]. No cure in file.     Reviewer Comment (2019-08-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/26/2019   2 B   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 A C B C A Non QM Non QM Yes
207609651 [REDACTED]         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 $[REDACTED]exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-08-12): $308.25 cure on final CD.
   08/12/2019   2 B   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 A C B C A Non QM Non QM Yes
207609651 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609651 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing hazard insurance policy reflecting the borrower as the insured.  The declarations page in file lists only the borrower's spouse.     Reviewer Comment (2019-09-10): Rec'd hazard insurance reflecting the borrower and spouse.
 09/10/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609651 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Document / explain.  The file contains a hazard insurance binder [REDACTED] for an undisclosed property located at [REDACTED].  This property does not appear on the 1003.     Reviewer Comment (2019-09-04): [REDACTED] Report dated [REDACTED] (D0146) for [REDACTED] documents that property was purchased by [REDACTED][REDACTED] ande secued FHA financing individually.


Buyer Comment (2019-09-03): As noted, I sent County Info which shows the property doesn't belong to our Bwr--see [REDACTED] report uploaded


Reviewer Comment (2019-08-28): Issue remains EV3 for verification Borrower has not obtained and is financially obligated to a mortgage loan secured by [REDACTED] and a copy of a [REDACTED] report confirming Borrower has not obtained ownership interest or financial obligation to property


Buyer Comment (2019-08-23): Ok the Loan Number you are referring to is this loan Number for [REDACTED]; as you have a copy of the Note in your file for this loan number.


Reviewer Comment (2019-08-22): Loan file contains an Evidence of Property Insurance issued [REDACTED] (D0042) issued to [REDACTED] (Borrower) and [REDACTED] for an insured property located at [REDACTED].   Hazard Mortgage Clause indicates [REDACTED] as loss payee referencing AO loan [REDACTED].  [REDACTED] is not disclosed by Borrower as real estate owned.  [REDACTED] Property Summary provided indicates owners as [REDACTED] and [REDACTED].**** Issue remains EV3 for a copy of [REDACTED] Note loan [REDACTED] verifying Borrower has not obtained and is financially obligated to mortgage loan secured by [REDACTED] and a copy of a [REDACTED] report confirming Borrower has not ownership interest or obligation to property
 09/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609651 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Self-employed borrower.  Missing independent verification of the business verified through a disinterested third party (CPA, regulatory agency, licensing bureau or verification of a phone and address listing using the internet) within 10 calendar days of closing.     Reviewer Comment (2019-09-04): TPV provided


Reviewer Comment (2019-08-28): [REDACTED] borrower.  Missing independent verification of the business, [REDACTED], verified through a disinterested third party (CPA, regulatory agency, licensing bureau or verification of a phone and address listing using the internet) within 10 calendar days of closing.


Buyer Comment (2019-08-23): Please Note: Bwr has Sch C Income and this is noted on the 1003. AND per our Guides this is Misc Income (Non-Prime) Sec 6.28 and Third Party Verification is not need/req'd. this is an invalid exception; please clear
 09/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609654 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   GA Primary Refinance - Cash-out - Other   C B A B A A C A Non QM Non QM No
207609654 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           08/27/2019   1 A   GA Primary Refinance - Cash-out - Other Final CD evidences Cure C B A B A A C A Non QM Non QM Yes
207609654 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Missing Secondary Valuation.   As required for loan amounts > $ [REDACTED] 28.021/42564%

Residual income of $15,600+		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-25): Exception approval to guideline requirement of secondary valuation


Reviewer Comment (2019-10-24): Guideline exception due to loan amount, exception remains
 10/30/2019     1 A   GA Primary Refinance - Cash-out - Other   C B A B A A C A Non QM Non QM No
207609654 [REDACTED]         Credit Credit Miscellaneous Credit Exception:     28.021/42564%

Residual income of $15,600+		 Originator Pre-Close

Originator Pre-Close		       10/30/2019 2 B   GA Primary Refinance - Cash-out - Other   C B A B A A C A Non QM Non QM No
207609655 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. CD states HOA dues, but no HOA dues on appraisal     Reviewer Comment (2019-08-15): Letter of Explanation & Corrected Closing Disclosure provided
   08/15/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207609655 [REDACTED]         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.       Reviewer Comment (2019-08-16): ARM disclosure e sent [REDACTED][REDACTED] (D0304)
 08/16/2019     1 A   CA Primary Purchase No Defined Cure C B B B C B A A Non QM Non QM No
207609655 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-15): fee paid to borrower chosen provider
 08/15/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207609655 [REDACTED]         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. No cure in file.     Reviewer Comment (2019-08-15): fee paid to borrower chosen provider
 08/15/2019     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
207609655 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B B B C B A A Non QM Non QM No
207609657 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD does not reflect the amount that exceeded tolerance.  Cure is due the borrower.     Reviewer Comment (2019-08-19): Tolerance exceptions are addressed. Exception Cleared.
 08/19/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609657 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. While title fees on the LE were disclosed as shoppable, the new Title - Policy Guaranty Fee in Section C of the CD is not paid to the same provider as the title fees disclosed in Section C of the LE, and therefore is considered not to have been shopped for, and subject to 0%.     Reviewer Comment (2019-08-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 08/19/2019     1 A   TX 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
207609657 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-08-19): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   08/19/2019   2 B   TX Primary Purchase   C B A A C B A A Non QM Non QM Yes
207609658 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-28): Rec'd Replacement Cost Estimate in trailing docs; exception cleared.
 08/28/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609658 [REDACTED]         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.       Reviewer Comment (2019-08-19): Borrower does not have Schedule C income [REDACTED]; exception cleared.
 08/19/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609658 [REDACTED]         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 meets ATR, besides LOX, no documentation for self employment during gap period.     Reviewer Comment (2019-08-19): Borrower does not have Schedule C income [REDACTED]; exception cleared.
 08/19/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
207609658 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Minimal information and documentation for gap period where borrower was still contracting work from previous employer.     Reviewer Comment (2019-08-19): Borrower does not have Schedule C income [REDACTED]; exception cleared.
 08/19/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609658 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   The Closing Disclosure from the sale of the departing home is not signed.  No other verification of proceeds received are in the file.     Reviewer Comment (2019-09-19): Rec'd Final signed CD in trailing docs; exception cleared.
 09/19/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609658 [REDACTED]         Credit Property - Appraisal Property Eligibility - Site and Utilities Subject property has environmental problems noted by appraiser or visible in the photos   Lender exception - Property is on a private road.  PRA not required due to "first property" on road, abuts publicly maintained road.
Compensating factors include strong DTI and residual income.		 47% DTI on this Full documentation loan < 55% guideline max

Borrower on this Full documentation loan has a disposable income of $4,606		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-13): CRE D02
     08/13/2019 2 B   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609658 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Verified reserves of 2.54 months < 3 months guideline minimum; rec'd final signed closing disclosure for sale of departure residence and funds rec'd were less than amount disclosed on Final 1003.     Reviewer Comment (2019-09-30): Rec'd retirement savings account stmt in trailing docs; exception cleared.
 09/30/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207609659 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207609660 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Incorrect amount by which Total Closing Costs exceed the limit disclosed on Final CD.     Reviewer Comment (2019-08-22): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/22/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609660 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Application Fee.  Fee Amount of $395.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Tolerance exceeded.     Reviewer Comment (2019-08-15): [REDACTED] reviewed exception. Upon further review exception may be cleared.


Buyer Comment (2019-08-14): The Application Fee of $395.00 shows on all of the CD's and LE's and stays consistent with the price.  Is this still required?
 08/15/2019     1 A   TX 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
207609660 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Document Preparation Fee.  Fee Amount of $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Tolerance exceeded.     Reviewer Comment (2019-08-15): [REDACTED] received attestation. Exception Cleared.
 08/15/2019     1 A   TX 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
207609660 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The TX Title Guaranty (also known as a guaranty assessment recoupment charge, or "GARC") is a fee required to be collected by each TX Title Agent for each owners and lenders title insurance policy issued and is ultimately payable to TTGIA (Texas Title Insurance Guaranty Association). While the title company is responsible for the collection of the fee (which the borrower may or may not shop for) the fee itself is ultimately passed onto the Texas Title Insurance Guaranty Association (TTGIA). Given the ultimate payee/provider is not shoppable, it is subject to 0% tolerance.     Reviewer Comment (2019-08-22): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/22/2019   2 B   TX 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
207609660 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-22): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/22/2019   2 B   TX Primary Purchase   C B A A C B A A Non QM Non QM Yes
207609663 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-20): Amended title commitment provided (D0275) reflecting a [REDACTED] proposed insured amount
 08/20/2019     1 A   CT Investment Purchase   C B C B A A C A N/A N/A No
207609663 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Investment Purchase   C B C B A A C A N/A N/A No
207609663 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___
___
___
___
___		       Reviewer Comment (2019-10-14): Client accepts internet search showing no HOA


Reviewer Comment (2019-08-20): Received annual property tax information for [REDACTED], [REDACTED], [REDACTED], [REDACTED] and [REDACTED] properties.  Issue remains EV3 for missing [REDACTED] 1st mortgage statement for [REDACTED] (primary) verifying $26,170.00 reported payment includes escrow for property taxes and hazard insurance.    Missing HOA verification or Borrower's signed attestation stating HOA dues are not required on [REDACTED] (primary).


Buyer Comment (2019-08-19): Please clarify: Which property needs the "statement", and confirm this is the mortgage statement.
 10/14/2019     1 A   CT Investment Purchase   C B C B A A C A N/A N/A No
207609663 [REDACTED]         Credit Income / Employment Income Documentation Employment Error: Employment years in field not provided. -               2 B   CT Investment Purchase   C B C B A A C A N/A N/A No
207609664 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Updated insurance policy needed     Reviewer Comment (2019-08-28): Rec'd RCE in trailing docs; exception cleared
 08/28/2019     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
207609664 [REDACTED]         Credit Asset Asset Documentation Aged document: Asset Account date is more than 90 days prior to the note. - Updated statement needed     Reviewer Comment (2019-10-10): [REDACTED] assets removed from use due to age


Buyer Comment (2019-10-08): The UW commented on the 1008 removing [REDACTED] assets because the funds were not needed to qualify.


Reviewer Comment (2019-10-04): Rec'd [REDACTED].  Missing updated statements for all [REDACTED] accounts as referenced in exception comments.
 10/10/2019     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
207609664 [REDACTED]         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. $40 lender credit for tolerance cure         08/09/2019   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207609670 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-16): Attestation fee further outsourced by borrower chosen provider
 08/16/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207609670 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $[REDACTED] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-08-16): Attestation fee further outsourced by borrower chosen provider
 08/16/2019     1 A   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
207609670 [REDACTED]         Credit Asset Asset Documentation Assets Error: Accounts are missing   Only a printout for [REDACTED] account #[REDACTED], need an actual statement to show what name the account is in.   Earnest money came from this account     Reviewer Comment (2019-08-28): [REDACTED] SSSI provided only reflect [REDACTED], ok to clear.


Reviewer Comment (2019-08-22): Rec'd verification that account [REDACTED] is business checking for "[REDACTED]" and a partial business listing and partial credit pull showing [REDACTED] as Agent and that [REDACTED] is aka [REDACTED]; DL in file verifies CB name is [REDACTED].  Missing the full business entity report to verify no additional owners on account; funds cannot be used without verification of 100% ownership.


Buyer Comment (2019-08-20): Account [REDACTED] is the account used on file to qualify.  Those bank stmts have already been provided. Moreover, the name on acct [REDACTED] matches the 1003 and has also already been verified by the VOE and SOS on file.  The EMD comes from the wife's business account which is acceptable. Please clear condition.


Reviewer Comment (2019-08-19): Issue remains EV3 for a copy of a [REDACTED]business statement for account [REDACTED] documenting business account name and proof Borrower has 100% ownership in business to document source of $65,000.00 wired to[REDACTED] from account as an earnest money deposit.
 08/28/2019     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
207609670 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
207609671 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. A Seller CD was not provided in the loan file.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207609671 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-22): Rec'd Final Title policy in trailing docs; exception cleared.
 08/22/2019     1 A   CA Primary Purchase   C B C A B B C A Non QM Non QM No
207609671 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-22): Rec'd Final Title policy in trailing docs; exception cleared.
 08/22/2019     1 A   CA Primary Purchase   C B C A B B C A Non QM Non QM No
207609671 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C A B B C A Non QM Non QM No
207609672 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-14): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   08/14/2019   2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C C B B C B C C Non QM Non QM Yes
207609672 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. No Seller CD retained in file.             2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C C B B C B C C Non QM Non QM Yes
207609672 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM   Client will order secondary valuation at time of securitization.             2 C   FL Second Home Purchase   C C B B C B C C Non QM Non QM No
207609672 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: One NSF reported within the last twelve months exceeding program maximum. Compensating Factors cited: 1) LTV and 2) Residual Income. LTV - 63.64% LTV which is less than guideline maximum of 90%.

Residual Income - Borrower's residual of $93,808.11 exceeds $1,500 guideline minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-09): Program exception granted supported by listed compensating factors.
       2 B   FL Second Home Purchase   C C B B C B C C Non QM Non QM No
207609675 [REDACTED]         Compliance Compliance State Compliance Michigan CMPA Home Loan Toolkit Status Michigan Consumer Mortgage Protection Act:  Home Loan Toolkit not provided to borrower.               2 B   MI Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C B Non QM Non QM No
207609675 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C B Non QM Non QM No
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date


Buyer Comment (2019-08-14): Transfer taxes added for additional unanticpated documents. Land Contract
Change in Settlement Charges
Revisions requested by the Consumer
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 2 that does not match the actual payment for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 3 that does not match the actual payment for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 4 that does not match the actual payment for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowners Insurance Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether Homeowners Insurance is included in escrow. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         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 [REDACTED] 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 Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller -  Cash To Close TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [REDACTED] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         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 issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Final Closing Disclosure issued[REDACTED], after closing date of[REDACTED].     Reviewer Comment (2019-08-15): Final CD issued [REDACTED] received.  Closing occurred on [REDACTED]  based on Notary date
 08/15/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation 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 C B Non QM Non QM Yes
207609675 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing YTD P&L 20 months reserves > 3 months guideline minimum.

Borrower has a disposable income of $27,100.		 Originator

Originator		 Reviewer Comment (2019-10-07): Rec'd exception for missing YTD P&L.


Buyer Comment (2019-10-03): Please review


Reviewer Comment (2019-08-29): Received P&L with dates for [REDACTED] signed by Borrowers.  Signed P&L provided now states P&L is for period [REDACTED] to [REDACTED].  Initial EV3 was for missing YTD P&L (for loan dated[REDACTED]).


Reviewer Comment (2019-08-20): Received a P&L that is not signed and dated by Borrower, does not indicate name of business, [REDACTED], is for and period (month/year to month/year) P&L is for.  Issue remains EV3 for a P&L signed and dated by Borrower that indicates business P&L has been prepared for and month/year to month/year gross income, expenses and net income P&I is for
     10/07/2019 2 B   MI Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C B Non QM Non QM No
207609675 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Property Taxes # of months not listed in Section F             2 B   MI Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. CD provided[REDACTED]s not signed or dated, system defaults to date of[REDACTED]or receipt     Reviewer Comment (2019-09-30): cure documentation received.


Reviewer Comment (2019-08-28): Received P&L for [REDACTED] signed by Borrowers .  Signed P&L provided now states P&L is for period [REDACTED] to [REDACTED].  [REDACTED] 1040's are in file.  Initial EV3 was for missing YTD P&L (for loan dated[REDACTED])


Reviewer Comment (2019-08-22): While closing docs may have been signed by borrower on [REDACTED], the final CD was not signed and we therefore have no way of knowing when the borrower received this document which contains the material disclosures.  The Rescission period on a loan starts when the latest of three things occurs: (1) the execution of the notice of right to cancel; (2) the consummation of the loan; and (3) *the receipt by the consumer of the accurate material disclosures*.  With an Issue Date of[REDACTED] no evidence of earlier receipt, we would need to use the mailbox rule to determine when the CD was received.  The mailbox rule allows three days from mailing to determine receipt so a CD issued on [REDACTED] is presumed to be received on [REDACTED] unless something in file supports it was received sooner.  With a CD received on [REDACTED], the rescission expiration ends three days from this time and would expire at midnight of [REDACTED].  The Rescission in file reflected an expiration of [REDACTED] which is the reason for the cited exception.


Buyer Comment (2019-08-19): Please waive


Buyer Comment (2019-08-19): Per CL:This was a primary refinance. Borrower original signed on [REDACTED] However updates was made to the payoff(s) during the recession period. Borrower is allowed to make updates and/or changes to payoffs and hoi prior to midnight of [REDACTED] Borrower executed updated CD [REDACTED]ithin the allowable recession period
   09/30/2019   2 B   MI 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 C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). CD provided[REDACTED]s not signed or dated, system defaults to date of[REDACTED]or receipt     Reviewer Comment (2019-10-01): Received Letter of Explanation, Proof of Delivery, and Re-open Rescission


Buyer Comment (2019-09-18): The CD went out in [REDACTED] and was received. Is RTC still required?
   10/01/2019   2 B   MI 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 C B C B C B Non QM Non QM Yes
207609675 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   MI Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C B Non QM Non QM No
207609677 [REDACTED]         Credit Guideline Guideline Issue Up to 3 NSF checks and overdraft protection transfers in the most recent 12-month period are allowed with explanation from the borrower per guideline.  Explanation not found in file.   NSF present in [REDACTED], [REDACTED], [REDACTED] on [REDACTED] business account ending [REDACTED]. Missing NSF letter of explanation from borrower     Reviewer Comment (2019-08-15): 1008 provided indicates UW reviewed NSF's and determined the file acceptable with the NSF's.
 08/15/2019     1 A   CA Second Home Purchase   C A C A A A A A Non QM Non QM No
207609682 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided         Reviewer Comment (2019-08-27): Rec'd corrected declarations page with changes initialed by the borrower; exception cleared.
 08/27/2019     1 A   FL Second Home Purchase   C B C B B B C A Non QM Non QM No
207609682 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C B C B B B C A Non QM Non QM No
207609682 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation  was not provided -               2 B   FL Second Home Purchase   C B C B B B C A Non QM Non QM No
207609682 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Marital Status was not provided -               2 B   FL Second Home Purchase   C B C B B B C A Non QM Non QM No
207609682 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Number of months not provided             2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] did not disclose the Amount Financed. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ 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 B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure APR TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] did not disclose the APR. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ 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
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Lender TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [REDACTED] did not disclose the required  Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] did not disclose the Finance Charge. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term 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
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Late Payment Test TILA-RESPA Integrated Disclosure- Loan Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the terms of the Late Payment. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Partial Payments. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] did not disclose the Total Interest Percentage. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] did not disclose the Total of Payments. Information is blank on the Final CD.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ 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
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Current hazard insurance policy premium is $[REDACTED].  The Final CD collected prepaid amount of $853 for the renewal policy however the monthly calculation of $[REDACTED] is for the current policy ($[REDACTED]).     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. Final CD reported closing costs financed in the amount of $0.     Reviewer Comment (2019-08-21): Final CD provided
 08/21/2019     1 A   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-21): Received short form Final Title
 10/21/2019     1 A   AZ Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final CD provided.  Section F shows 12 months of HOI collected at $[REDACTED] which would be $[REDACTED] per month for HOI.  Section G reflects HOI $[REDACTED] per month for HOI.             2 B   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207609683 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 The CD issued [REDACTED] was signed by the borrower on [REDACTED].  Page 5 does not reflect a APR.  Since the CD was provided to the borrower the CD is included in compliance testing.     Reviewer Comment (2019-10-16): An attestation received that the CD issued on [REDACTED] was not provided by the Lender to the Borrower.  Title company used it for fee verification and had the Borrowers sign it at closing.
 10/16/2019     1 A   AZ Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
207609684 [REDACTED]                           Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609684 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures.     Reviewer Comment (2019-09-17): Tolerance exceptions are addressed. Exception Cleared.
 09/17/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609684 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee. Fee Amount of $2.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 09/17/2019     1 A   TX 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
207609684 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   09/17/2019   2 B   TX Primary Purchase   C B A A C B A A Non QM Non QM Yes
207609685 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Shortage $ [REDACTED] .  Declaration disclosed did not reflect extended replacement coverage and Replacment cost estimator was not provided.     Reviewer Comment (2019-08-26): Rec'd verification of 20% extended coverage; exception cleared.


Buyer Comment (2019-08-22): Please see upper left hand corner of the document for the Policy #.


Reviewer Comment (2019-08-21): Rec'd page indicating additional coverage of 20%; document does not reference borrower's policy and there is nothing provided to verify this is part of the borrower's HOI policy.  Exception remains.
 08/26/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         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. Missing bank statements  [REDACTED]  caused income variance leading to ATR fail.     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared on compliance re-run.
 08/21/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A C A Non QM Non QM Yes
207609685 [REDACTED]         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 63.56408% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Missing bank statements [REDACTED]  caused income variance leading to ATR fail.     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared on compliance re-run.
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller fees missing from consmer's final CD.   Seller CD does not disclose itemized fees. Seller fees obtained from fully executed settlement statement.     Reviewer Comment (2019-09-04): Letter of Explanation & Corrected Closing Disclosure provided


Reviewer Comment (2019-08-26): [REDACTED] received PCCD dated [REDACTED] without adding Seller fees on page 2.  Please provide a Corrected CD and LOE to cure.
   09/04/2019   1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207609685 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Missing bank statements  [REDACTED] .     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Missing bank statements  [REDACTED] .     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         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. Missing bank statements  [REDACTED]  resulting in ATR risk.     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared on compliance re-run.
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for inquiries dated within 90 days of applciation is required.  Explanation for inquiry dated [REDACTED] to  [REDACTED]  was not provided.     Reviewer Comment (2019-09-06): LOE (email form) provided


Buyer Comment (2019-09-05): Please review


Buyer Comment (2019-08-30): LOE provided with Brwr's confirmation that no new debt was obtained. Please waive.


Reviewer Comment (2019-08-26): Nothing additional provided.
 09/06/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing bank statements ending  [REDACTED]     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending  [REDACTED] .     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending [REDACTED]     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending  [REDACTED]     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending  [REDACTED] .     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending  [REDACTED]     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing bank statements ending  [REDACTED] .     Reviewer Comment (2019-08-21): Rec'd missing bank statements; exception cleared
 08/21/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609685 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207609687 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   BK Seasoning requirement not met. Guidelines require 12 month seasoning, Borrower has 11 months but meets the exception policy based on compensating factor of low DTI 27.393%, low payment shock 0% and 3 months of reserves. DTI - 28.49% DTI on this full documentation loan is less than the 55% guideline maximum.

Payment Shock - Borrower's housing expense has decreased $189/month purchasing subject property.

Reserves - Borrower has greater than the minimum three months reserves without including the $5000 in earnest money as an asset.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-09): Program exception granted supported by listed compensating factors.
       2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207609687 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter explaining circumstances surrounding bankruptcy not provided. DTI - 28.49% DTI on this full documentation loan is less than the 55% guideline maximum.

Payment Shock - Borrower's housing expense has decreased $189/month purchasing subject property.

Reserves - Borrower has greater than the minimum three months reserves without including the $5000 in earnest money as an asset.		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-25): Exception approval for the LOE received
     08/25/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207609690 [REDACTED]         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.               2 B   FL Primary Purchase   C B A A C B A A Non QM Non QM No
207609690 [REDACTED]         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.               2 B   FL Primary Purchase   C B A A C B A A Non QM Non QM Yes
207609690 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-16): Letter of Explanation & Corrected Closing Disclosure provided.
   08/16/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609690 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.       Reviewer Comment (2019-08-16): Letter of Explanation & Corrected Closing Disclosure provided.  No refund required and cure docs sent electronically.
   08/16/2019   2 B   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 A A C B A A Non QM Non QM Yes
207609690 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate Initial Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual toatal payment for the loan.       Reviewer Comment (2019-08-16): Letter of Explanation & Corrected Closing Disclosure provided.  No refund required and cure docs sent electronically.
   08/16/2019   2 B   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 A A C B A A Non QM Non QM Yes
207609690 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. post close disclosure reflects closing date of [REDACTED].             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207609692 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00 calculated value $50.00.     Reviewer Comment (2019-08-21): Tolerance exceptions are addressed. Exception Cleared.
 08/21/2019     1 A   AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207609692 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Septic Inspection Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $50.00 due Borrower.  Fee was not disclosed on initial LE or with valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-21): [REDACTED] received PCCD correcting fee placement and LOE. Exception Cured.


Reviewer Comment (2019-08-19): This issue is for Zero tolerance and an APR issue.  So with that, if the Septic inspection was lender or title required, a refund is due.  If not it should be redisclosed in Section H.


Buyer Comment (2019-08-17): this is not an apr feev plus this is something the borrower would have chosen.
   08/21/2019   2 B   AZ 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
207609692 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   AZ Second Home Purchase   C B C A C B C A Non QM Non QM No
207609692 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing Access letter from Borrower's spouse account ending  [REDACTED] .     Reviewer Comment (2019-08-23): 100% access letter n/a.  Funds held jointly with a non-borrowing spouse are considered to be 100% of the borrower's funds.


Buyer Comment (2019-08-20): We were only asked for proof she was the Borrower's Spouse and requested marriage certificate which should be in your file.
 08/23/2019     1 A   AZ Second Home Purchase   C B C A C B C A Non QM Non QM No
207609692 [REDACTED]         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. Sections C, F and H fees do not coincide between Seller CD and Final Consumer CD.     Reviewer Comment (2019-08-21): [REDACTED] received PCCD correcting seller fees and LOE. Exception Cured.
   08/21/2019   1 A   AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207609694 [REDACTED]         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 Wire / Funding / Disbursement Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/08/2019   1 A   PA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207609694 [REDACTED]         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 [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Lender collected a lower amount for city taxes than the previous year's bill amount by $ [REDACTED] /month.     Reviewer Comment (2019-09-25): [REDACTED] received tax cert. Exception Cleared.


Buyer Comment (2019-09-24): Per Tax Cert in file the Township (City Taxes) at face Value is [REDACTED] = $559.94/12= $46.67 monthly and that's appears what we collected. Are we missing something.  It appears that the Township (City Taxes) were the same ($559.94) [REDACTED] [REDACTED]. per Tax Cert in file
 09/25/2019     1 A   PA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C A A A C A A A Non QM Non QM Yes
207609695 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           08/08/2019   1 A   FL Primary Refinance - Rate/Term Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207609695 [REDACTED]         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. One Closing Disclosure was provided that was sent and signed[REDACTED].     Reviewer Comment (2019-08-16): [REDACTED] received [REDACTED] CD. Exception Cleared.
 08/16/2019     1 A   FL Primary Refinance - Rate/Term No Defined Cure C A A A C A A A Non QM Non QM No
207609695 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Per disclosure tracking details we are missing the[REDACTED] CD.     Reviewer Comment (2019-08-16): [REDACTED] received [REDACTED] CD. Exception Cleared.
 08/16/2019     1 A   FL Primary Refinance - Rate/Term   C A A A C A A A Non QM Non QM Yes
207609696 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Missing corrected 1004, Appraisal indicates the subject is owner occupied (Seller is [REDACTED]) and interior photos show a vacant residence- Missing corrected 1004 showing subject is vacant.     Reviewer Comment (2019-08-23): Rec'd corrected appraisal report in trailing docs; exception cleared.
 08/23/2019     1 A   NV Primary Purchase   C C C A B B C C Non QM Non QM No
207609696 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-08-23): Rec'd AVM in trailing docs.
 08/23/2019     1 A   NV Primary Purchase   C C C A B B C C Non QM Non QM No
207609696 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Page 2 section F, line item 5 of the [REDACTED] and [REDACTED] Consumer CD does not state the number of months the tax collected is equal to.             2 B   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A B B C C Non QM Non QM Yes
207609696 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing settlement statement on sale of [REDACTED]with no loss     Reviewer Comment (2019-08-23): Rec'd verification of Deed transfer, property detail report, and [REDACTED] property report showing property was sold on [REDACTED]; exception cleared.


Buyer Comment (2019-08-21): Also uploaded the [REDACTED] Report


Buyer Comment (2019-08-21): Note: Since no Funds were needed to close from the Sale; uploaded proof of the Sale of the Home from the County in lieu of the Settlement Statement to show proof of the Sale on [REDACTED]
 08/23/2019     1 A   NV Primary Purchase   C C C A B B C C Non QM Non QM No
207609696 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Valuation:   As required for loan amounts > $[REDACTED]     Reviewer Comment (2019-08-23): Rec'd [REDACTED] AVM in trailing docs; exception cleared.
 08/23/2019     1 A   NV Primary Purchase   C C C A B B C C Non QM Non QM No
207609696 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   NV Primary Purchase   C C C A B B C C Non QM Non QM No
207609700 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Fee was introduced on the CD and was made payable to a unique provider.     Reviewer Comment (2019-08-16): Attestation provided fee further outsourced by borrower chosen provider
 08/16/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207609700 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Digital Doc Storage Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was introduced on the CD and was made payable to a unique provider.     Reviewer Comment (2019-08-16): Attestation provided fee further outsourced by borrower chosen provider
 08/16/2019     1 A   FL 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
207609703 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   TN Primary Purchase   C A A A A A C A Non QM Non QM No
207609705 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   WA Primary Purchase   C A A A A A C A Non QM Non QM No
207609706 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided.  Non-arm's length transactions are not allowed. Borrower has a disposable income of $16,092. Originator Reviewer Comment (2019-09-11): Rec'd exception to proceed as non-arms length transaction.
     09/11/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207609706 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Account ending  [REDACTED]  missing  [REDACTED]  statement     Reviewer Comment (2019-09-11): Rec'd statement.
 09/11/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207609706 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00 calculated value $2.00     Reviewer Comment (2019-08-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/26/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207609706 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE or valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/26/2019   2 B   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
207609706 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207609706 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/26/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207609708 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Required field was left blank.             2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207609708 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609708 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE within 10 days of closing was not provided.     Reviewer Comment (2019-08-16): The Work Number - Employment Only provided
 08/16/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207609708 [REDACTED]         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. Documentation provided disclosed CD dated [REDACTED] provided to Borrower.  The CD dated [REDACTED] was not provided in the loan file     Reviewer Comment (2019-08-15): [REDACTED] received [REDACTED] CD that was received the same day. Exception Cleared.
 08/15/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207609708 [REDACTED]         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 $525.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/08/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B C A Non QM Non QM Yes
207664585 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal disclosed $[REDACTED] annual HOA dues.     Reviewer Comment (2019-08-20): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-08-20): Will upload again, but it was sent to Bwr on the [REDACTED]


Buyer Comment (2019-08-20): Note: 298.33 x 11 = 3281.63 the PCCD uploaded on [REDACTED] is on page 98 states 11 mths 3281.63. Please clear as this info was uploaded on [REDACTED]. No other PCCD needs to be completed and sent to the Bwr


Reviewer Comment (2019-08-15): Loan documentation indicates HOA is $3580 annually, or $298.33 per month.  Eleven payments is $3281.67.  The amount disclosed is $3278, which is $3.67 over.  SFA standards only allow an error of $.02 per month, or $.22 in this case.  A PCCD, LOE and proof of delivery is required in order to address this exception.


Buyer Comment (2019-08-14): Per CFPB we can use either 11 months or 12 in this case we used 11 mths
   08/20/2019   2 B   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207664585 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. LE provided [REDACTED], Econsent [REDACTED].     Reviewer Comment (2019-08-15): Situs[REDACTED] received required documents, exception is cleared.
Situs[REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-08-14): LE was mailed [REDACTED] and the Bwr E-Consented . Bwrs can E-Consent to E-Disclosures any point during the Mtg.cycle and this is allowed w/in the TRID guidelines
 08/15/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207664585 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207664585 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraised value unsupported by AVM   Appraised value $[REDACTED], AVM value $[REDACTED] variance of [REDACTED]%.     Reviewer Comment (2019-08-19): Rec'd CDA in trailing docs; exception cleared.
 08/19/2019     1 A   FL Primary Refinance - Rate/Term   C B A A C B C A Non QM Non QM No
207664585 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $25.00     Reviewer Comment (2019-08-15): Situs[REDACTED] received required documents, exception is cleared.
 08/15/2019     1 A   FL Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207664585 [REDACTED]         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. Cost to cure $25.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-15): Situs[REDACTED] received required documents, exception is cleared.
 08/15/2019     1 A   FL 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 C A Non QM Non QM Yes
207664587 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-22): Rec'd Final Title Loan Policy in trailing docs; exception cleared.
 10/22/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207664587 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-22): Rec'd Final Title Loan Policy in trailing docs; exception cleared.
 10/22/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207664587 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207664587 [REDACTED]         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 [REDACTED] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. Seller paid fees disclosed on the Seller's CD do not match the seller paid fees on the Borrower's final CD.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207664587 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Third Party Verification of borrower's percentage of ownership in business.     Reviewer Comment (2019-08-22): All business entity documents only reflect Borrower, ok to clear.


Buyer Comment (2019-08-19): Please note [REDACTED] is the only person on the Articles of Incorporation.
 08/22/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207664587 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard Insurance Policy Effective Date [REDACTED], however the loan transaction was dated [REDACTED].     Reviewer Comment (2019-08-22): Homeowner's Declaration Page provided (D0188) documents a[REDACTED] to [REDACTED]+[REDACTED] policy period
 08/22/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207664588 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Own/Rent  was not provided - Own/Rent was not completed on Final 1003.             2 B   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Mortgagee clause on master insurance policy reflects lender only and not "its successors and assigns" (ISAOA) as required.             2 B   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Additional Property Taxes Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Additional Property Taxes under Prepaids. # of months of prepaid property taxes not reflected on Final CD.  Disclosed value [REDACTED].             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207664588 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. # of months of prepaid property taxes not reflected on Final CD.  Disclosed value[REDACTED]             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207664588 [REDACTED]         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. Asset Qualifier loan.     Reviewer Comment (2019-09-03): Update input
 09/03/2019     1 A   NJ Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B C A Non QM Non QM Yes
207664588 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Asset Qualification Loan Ability to Repay (Dodd-Frank 2014): It is questionable whether this loan meets ATR requirements. Asset Qualifier loan.     Reviewer Comment (2019-09-03): Updated inpuyt
 09/03/2019     1 A   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         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). Asset Qualifier loan.             2 B   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided. Required assets $[REDACTED], calculated assets $[REDACTED].  Borrower short $[REDACTED]     Reviewer Comment (2019-09-03): not valid exception
 09/03/2019     1 A   NJ Primary Purchase   C B C B C B C A Non QM Non QM No
207664588 [REDACTED]         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. Asset qual with residual income     Reviewer Comment (2019-09-03): Non-QM Loan
 09/03/2019     1 A   NJ Primary Purchase Lender to provide updated ATR/QM status C B C B C B C A Non QM Non QM Yes
207664591 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - Other not provided         Reviewer Comment (2019-08-21): Executed Fixed Interest Rate Rider provided
 08/21/2019     1 A   IL Primary Purchase   C B C A B B A A Non QM Non QM No
207664591 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-28): Rec'd Final Title policy in trailing docs; exception cleared.
 08/28/2019     1 A   IL Primary Purchase   C B C A B B A A Non QM Non QM No
207664591 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-28): Rec'd Final Title policy in trailing docs; exception cleared.
 08/28/2019     1 A   IL Primary Purchase   C B C A B B A A Non QM Non QM No
207664591 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207664591 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Not Provided             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207664598 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing bank statements for  [REDACTED]  and  [REDACTED]  for 12 consecutive months.     Reviewer Comment (2019-08-28): 12 mos. bank statements in file.
 08/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207664599 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   GA Primary Purchase   C A A A A A C A Non QM Non QM No
207664601 [REDACTED]         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   CO Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207664601 [REDACTED]         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.               2 B   CO Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207664601 [REDACTED]         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 [REDACTED] 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 CD reflects an incorrect value of [REDACTED] when it should be [REDACTED]             2 B   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207664601 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender did not provide a cure credit to the borrower     Reviewer Comment (2019-08-23): Updated COC reason
 08/23/2019     1 A   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207664601 [REDACTED]         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 $8,820.00 exceeds tolerance of $8,320.00.  Insufficient or no cure was provided to the borrower. Lender did not provide a cure credit to the borrower     Reviewer Comment (2019-08-23): Updated COC reason


Reviewer Comment (2019-08-21): [REDACTED] reviewed exception. A cure is due without a valid change of circumstance for the increase. Please provide corrected CD, LOE, and refund check to cure.


Buyer Comment (2019-08-20): A Mortgage Broker fee is a static fee based on a percentage of the loan amount.  This loan amount increased significantly on [REDACTED] so the Broker Fee would have increased significantly.  Broker Fees are agreed to in writing with our Broker before a loan is ever funded and the percentage paid cannot change. We do not have to note a COC to a change in Broker Fee if the percentage did not change.

Thanks,
 08/23/2019     1 A   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 B C B C A Non QM Non QM Yes
207664601 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CO Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207664601 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing valid VOE 10 days prior to closing     Reviewer Comment (2019-08-23): TPV provided
 08/23/2019     1 A   CO Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207664601 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CO Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207664603 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C A A A A A C A Non QM Non QM No
207664604 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Title commitment does not indicate a proposed policy amount.  Missing a amended title commitment or supplement to commitment indicating a $[REDACTED] proposed amount.  A copy of a $[REDACTED] Final Title Policy was not in file for review.             2 B   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Proof of 50% Ownership or Verification self-employed 2 years     Reviewer Comment (2019-08-20): All business entity documents only reflect Borrower, ok to clear.


Buyer Comment (2019-08-15): SOS only shows Brwr for the Business.
 08/20/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Credit System General Valuation address does not match Note address. -       Reviewer Comment (2019-08-20): Revised 1025 valuation report and Final Inspection 442 provided reflecting subject address as [REDACTED] (D0182 and D0183)


Buyer Comment (2019-08-15): I show the same address on both Note and Appraisal Report.  [REDACTED].  Please elaborate.
 08/20/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.               2 B   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Insurance escrows collected based on a hazard insurance premium of $[REDACTED]not the amount of $[REDACTED]indicated on the policy.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207664604 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   100% percent ownership not verified.     Reviewer Comment (2019-08-20): All business entity documents only reflect Borrower, ok to clear.
 08/20/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Percentage of ownership not verified - unable to use assets due to 100% ownership not established.     Reviewer Comment (2019-08-20): All business entity documents only reflect Borrower, ok to clear. Business assets applied towards closing and reserves
 08/20/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Adjusted income increased housing DTI, however borrower has minimal outstanding debt. Lender approved borrower at a housing DTI of 40.526%. 754 representative FICO score > 680 guideline minimum Originator Reviewer Comment (2019-08-30): CRE provided for 43.693% DTI > 40% maximum housing ratio


Buyer Comment (2019-08-30): Please review


Reviewer Comment (2019-08-26): Review housing ratio 40.82% > 40% max housing ratio based on a $16,334.74 income calculation.  Lender's $16,451.00 income calculation includes card purchase returns that were not used included in $16,334.74 calculation.  Lender's approved housing ratio 40.526% > 40% max housing DTI under Platinum program.  Credit Risk Summary & Exception Approval in file does not indicate Lender approving housing ratio exception made at loan approval.  Issue remains EV3 for a CRE with verified compensating factors for 40.82% housing ratio > 40% maximum allowed.


Buyer Comment (2019-08-23): Please also explained what was the change in income for?


Buyer Comment (2019-08-21): Our income is $16,451.00/mo.
Please explain how you got your lower figure?
     08/30/2019 2 B   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664604 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Percentage of ownership not verified - unable to use assets due to 100% ownership not established.     Reviewer Comment (2019-08-20): All business entity documents only reflect Borrower, ok to clear. Business assets applied towards closing and reserves
 08/20/2019     1 A   CA Primary Purchase   C B C B B B C A Non QM Non QM No
207664607 [REDACTED]         Compliance Compliance State Compliance Maine HPML Threshold 2013 Test Compliant Maine Higher-Priced Mortgage Loan: APR on subject loan of 6.70750% or Final Disclosure APR of 6.72200% is in excess of allowable threshold of APOR 4.77% + 1.5%, or 6.27000%, or subject loan is a high-cost mortgage loan, contains negative amortization, or has an interest-only feature.  Compliant Higher Priced Loan.               2 B   ME Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207664607 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Signed and dated letter of explanation for all inquiries dated within 90 days of the credit report was not provided.     Reviewer Comment (2019-08-28): [REDACTED] auto loan opened [REDACTED] is reported as a result of[REDACTED] [REDACTED] inquiry dated[REDACTED].  $278.00 reported payment was included in DTI
 08/28/2019     1 A   ME Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207664607 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Liability After Foreclosure was not properly disclosed.     Reviewer Comment (2019-08-21): Letter of Explanation & Corrected Closing Disclosure provided
   08/21/2019   2 B   ME Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207664611 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Final 1003 not provided     Reviewer Comment (2019-08-21): Rec'd Final signed 1003 in trailing docs; exception cleared.
 08/21/2019     1 A   CO Primary Purchase   C B C A C B A A Non QM Non QM No
207664611 [REDACTED]         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 $[REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Figures input to match CD's     Reviewer Comment (2019-08-16): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   08/16/2019   2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207664611 [REDACTED]         Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003   Borrower signed Initial 1003 not provided.             2 B   CO Primary Purchase   C B C A C B A A Non QM Non QM No
207664612 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) No seller paid fees included on the borrower's final CD.     Reviewer Comment (2019-08-26): Seller CD provided
 08/26/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207664612 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD provided an inaccurate value by with the closing costs exceeded the legal limit.     Reviewer Comment (2019-08-16): Tolerance exceptions are addressed. Exception Cleared.
 08/16/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207664612 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $175.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Loan Tie-In Fee exceeds tolerance with no cure provided.     Reviewer Comment (2019-08-16): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/16/2019     1 A   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
207664612 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - SubEscrow Fee exceeds tolerance with no cure provided.     Reviewer Comment (2019-08-16): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/16/2019     1 A   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
207664612 [REDACTED]         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 $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Wire/Funding/Disbursement Fee exceeds tolerance with no cure provided.     Reviewer Comment (2019-08-16): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/16/2019     1 A   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
207664612 [REDACTED]         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 $110.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Endorement Fee exceeds tolerance with no cure provided.     Reviewer Comment (2019-08-16): [REDACTED] reviewed exception. Fee is paid to same chosen provider. Exception Cleared.
 08/16/2019     1 A   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
207664612 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Verification of the existence of the business completed within 10 calendar days prior to the note date by both: A third party, such as a CPA, regulatory agency, or the applicable licensing bureau, if possible; OR A phone listing and address verified for the borrower's business using a telephone book, the internet, or directory assistance. The source of the information obtained and the name and title of the  [REDACTED]  employee who obtained the information must be
documented.		     Reviewer Comment (2019-08-29): Rec'd superpages.com printout.


Reviewer Comment (2019-08-19): Rec'd copy of Linked In profile; this is a borrower created profile and not a valid third party verification.  Exception remains.
 08/29/2019     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
207664612 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing verification of sufficient funds to closing,  [REDACTED] 5 reflects a $ [REDACTED] deposit that was not sourced, therefore amount was excluded from available funds to close.     Reviewer Comment (2019-08-29): Rec'd source of large deposit.
 08/29/2019     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
207664612 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing verification of sufficient funds to closing,  [REDACTED]  reflects a $ [REDACTED]  deposit that was not sourced, therefore amount was excluded from available funds to close.     Reviewer Comment (2019-08-29): Rec'd source of large deposit.
 08/29/2019     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
207664614 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B C B Non QM Non QM No
207664614 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-26): Rec'd Reconstruction Cost Estimate in trailing docs; exception cleared.
 08/26/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B C B Non QM Non QM No
207664614 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids of $[REDACTED]that does not match amount per month calculation of $[REDACTED].             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C B Non QM Non QM Yes
207664614 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-23): [REDACTED] received disclosure tracking indicating borrower's completed E consent [REDACTED]. Exception Cleared.
 08/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B C B Non QM Non QM No
207664614 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Disclosures were provided electronically prior to consent date of [REDACTED].     Reviewer Comment (2019-08-23): [REDACTED] received disclosure tracking indicating borrower's completed E consent [REDACTED]. Exception Cleared.
 08/23/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C B Non QM Non QM No
207664614 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Primary Refinance - Cash-out - Other   C B C A C B C B Non QM Non QM No
207664618 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B A A B B C A N/A N/A No
207664618 [REDACTED]         Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. -       Reviewer Comment (2019-09-06): Confirmed the appraiser is licensed and active.


Buyer Comment (2019-08-30): Our office does not ask for, nor we review the appraise license.
This is also one of the reasons that we make sure it's an [REDACTED] appraisal
 [REDACTED] is responsible for this; it wouldn't be an UW [REDACTED]

Please clear this condition for this is no fault of [REDACTED].


Reviewer Comment (2019-08-30): Rec'd copy of Appraiser License showing expiration date of [REDACTED], however, [REDACTED] shows the appraiser license status is Current, Inactive.  This status means the licensee is up to date with respect to the department's requirements for licensure, but, Inactive means the licensee has met the department's requirements for licensure but is not allowed to work under this license.  Exception remains EV3.


Buyer Comment (2019-08-29): Review to clear
 09/06/2019     1 A   FL Investment Refinance - Cash-out - Other   C B A A B B C A N/A N/A No
207664618 [REDACTED]         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. There is no documentation in the file showing when the initial appraisal, dated [REDACTED]was provided to the borrower.             2 B   FL Investment Refinance - Cash-out - Other   C B A A B B C A N/A N/A No
207664620 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements use to determine income indicate 4 NSF/Overdrafts.  Missing Lender's statement NSF's/Overdrafts were reviewed for acceptability.     Reviewer Comment (2019-08-16): 1008 provided indicates UW reviewed NSF's and determined the file acceptable with the NSF's.
 08/16/2019     1 A   AZ Investment Purchase   C A C A A A C A N/A N/A No
207664620 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   AZ Investment Purchase   C A C A A A C A N/A N/A No
207664624 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED].       Reviewer Comment (2019-10-04): Rescission re-opened - Delivered [REDACTED]


Buyer Comment (2019-09-23): Please review


Reviewer Comment (2019-09-07): Effective date [REDACTED] ([REDACTED] would have expired on Midnight [REDACTED], but funded on [REDACTED] instead.


Buyer Comment (2019-09-04): [REDACTED] did count. Please waive.


Buyer Comment (2019-09-04): Per CFPB:Under § 1026.32, "business day" has the same meaning as the rescission rule in comment 2(a)(6)-2 - all calendar days except Sundays and the Federal legal holidays listed in 5 U.S.C. 6103(a)."


Reviewer Comment (2019-08-30): Nothing additional received.


Reviewer Comment (2019-08-20): [REDACTED] [REDACTED] - [REDACTED] is two full business days.  [REDACTED] and Sunday do not count as business days.  Borrower signed closing docs on [REDACTED]; Disbursement cannot be prior to [REDACTED]


Buyer Comment (2019-08-14): I count 3 business days. Please explain your count.


Buyer Comment (2019-08-14): [REDACTED]=1 business day, [REDACTED]=2 business days, [REDACTED]3= 3 business days
   10/04/2019   2 B   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 C A C B A A Non QM Non QM Yes
207664624 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final Cd reported a closing date of[REDACTED]ersus consummation date of [REDACTED].             2 B   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
207664624 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal reflects [REDACTED] and photo provided verifying address confirms [REDACTED]; Note reflects [REDACTED].  Unable to determine correct property address.             2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
207664624 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - [REDACTED] W-2 not provided.     Reviewer Comment (2019-08-30): Rec'd Borrower's [REDACTED] from [REDACTED] in trailing docs; all required docs rec'd.  Exception cleared.


Buyer Comment (2019-08-29): [REDACTED] Starting Uploaded


Reviewer Comment (2019-08-15): [REDACTED] issued by [REDACTED].  Issue remains EV3 for requested [REDACTED] issued to Borrower by [REDACTED]
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
207664624 [REDACTED]         Credit System General Valuation address does not match Note address. - Appraisal reflects[REDACTED] and photo provided verifying address confirms [REDACTED]; Note reflects[REDACTED].  Unable to determine correct property address.     Reviewer Comment (2019-09-03): Appears there is a building and unit number, legal, note, mortgage all match
 09/03/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
207664624 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Appraisal address is [REDACTED] and subject property address per Note and Mortgage is [REDACTED].  File is missing updated appraisal report reflecting correct unit number as [REDACTED]and addendum from appraiser indicating [REDACTED] is aka [REDACTED]; as reflected on Grant Deed.  Or, provide corrected Note, Mortgage, HOI policy, Flood Cert, and Final CD reflecting the property address as [REDACTED].     Reviewer Comment (2019-09-03): appears this is due to building number and unit number.  Legal description, mortgage, note all match.  Appears that they are one in the same property
 09/03/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C A C B A A Non QM Non QM No
207665333 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Investment Purchase   C A A A     C A     No
207665334 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-16): CU Score of 1.2
 10/16/2019     1 A   TX Investment Refinance - Cash-out - Other   C B C B     C A     No
207665334 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   40.67 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-08-30): Rec'd CRE with on valid comp factor (reserves) - D174; payment shock is not a valid comp factor on investment property.


Buyer Comment (2019-08-29): please review to clear
     08/30/2019 2 B   TX Investment Refinance - Cash-out - Other   C B C B     C A     No
207692462 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-16): CU Score of 1
 10/16/2019     1 A   FL Investment Purchase   C A A A     C A     No
207692543 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-21): [REDACTED] Final Title Policy provided
 08/21/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692543 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-21): [REDACTED] Final Title Policy provided
 08/21/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692543 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing [REDACTED] bank statement     Reviewer Comment (2019-08-21): [REDACTED] statement dated[REDACTED] provided
 08/21/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692545 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Missing Document General Incomplete Document: Right to Cancel (RTC) is incomplete   Not signed by borrower(s).     Reviewer Comment (2019-09-27): Rec'd signed RTC in trailing docs; exception cleared.
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Credit Loan Package Documentation Closing / Title Security Instrument is not signed by borrower(s).         Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         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. Per Tape     Reviewer Comment (2019-09-27): Reran compliance
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Schedule C Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. State Business search in file.     Reviewer Comment (2019-09-27): Reran compliance


Buyer Comment (2019-09-25): This was full doc review, tax returns show Sch C for [REDACTED], which is what [REDACTED] supports. The calculator show 24 months review as well. P&L even has [REDACTED] on it


Buyer Comment (2019-09-25): Note : [REDACTED] states [REDACTED]. [REDACTED] is the owner and only name that appears on income docs.
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing docs.     Reviewer Comment (2019-09-27): Reran compliance
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Completed Loan Application Not  Provided At Least 1 Business Day Prior to Closing) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.  Borrower was not provided copy of Application 1 day prior to closing. Disclosure is in the file but not signed.     Reviewer Comment (2019-09-27): Received


Buyer Comment (2019-09-25): Note- If the disclosures are sent out they do not have to be signed, for they are received through email or mail.
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (No evidence that borrower received copies of all documents signed at closing) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   No evidence that borrower(s) received copies of all documents signed at time of closing. Disclosure is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Either Deliver the required documents to the borrower or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) Missing             2 B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Final Loan Application) Texas Constitution Section 50(a)(6): No evidence the borrower(s) received a copy of the final loan application at or prior to closing. Disclosure is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Rescission Period) Texas Constitution Section 50(a)(6): Notice of Right to Rescind Not Provided to All Owners/Owners' Spouse Missing     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Loan Not Closed At Office of Lender, Attorney, or Title Company) Texas Constitution Section 50(a)(6):  Unable to determine if loan was closed an an authorized location due to missing documentation. Documents not signed.     Reviewer Comment (2019-09-27): Removed on compliance re-run
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided for TX-Guaranty fee not disclosed on Loan Estimate.     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         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. Missing signature and/or evidence of E delivery.     Reviewer Comment (2019-10-02): Acknowledgement signed in file
 10/02/2019     1 A   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Service Charges.     Reviewer Comment (2019-10-02): Corrected Fee type to TX- Guaranty Fee; cleared on compliance re-run
 10/02/2019     1 A   TX 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
207692545 [REDACTED]         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 UTD     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance Federal Compliance Right of Rescission Timing - Receipt Date Missing Missing RTC Signature Date. Unable to determine compliance with rescission timing requirements. UTD     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX 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
207692545 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. Subject loan transaction disbursed on [REDACTED], prior to three (3) business days from transaction date of [REDACTED].     Reviewer Comment (2019-10-02): Added Final CD rec'd date per acknowledgement in file


Reviewer Comment (2019-09-27): Closing Disclosure dated [REDACTED] is not signed and dated. Default signature date is [REDACTED].


Buyer Comment (2019-09-25): Loan closed on[REDACTED] recession ended on[REDACTED]Invalid condition please clear.
 10/02/2019     1 A   TX 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 C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance Federal Compliance Notice of Right To Cancel Not Provided to All Required Parties Truth in Lending Act: Notice of Right to Cancel was not signed by all parties whose ownership interest is or will be subject to the security interest. Missing     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX 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 C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Missing     Reviewer Comment (2019-10-02): Added Final CD rec'd date per acknowledgement in file


Buyer Comment (2019-09-28): Recession calendar ends recession on[REDACTED]lease clear
 10/02/2019     1 A   TX 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 C B A A Non QM Non QM Yes
207692545 [REDACTED]         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. Per Disclosure Summary tracking.     Reviewer Comment (2019-10-02): Appraisal rec'd date corrected; cleared on compliance re-run.
 10/02/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided) Unable to test fair market acknowledgment due to missing information. Document is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Properly Executed by all persons vested on title) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed. Document is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Document is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided) Unable to determine if the loan complies with requirement to provide itemized disclosure of fees 1 day prior to closing due to missing information. Document is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Rescission Period) Unable to determine if Texas Rescission Notice on Security Instrument was provided due to missing information. Document is in the file but not signed.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (Lien was created without consent of all owners and owner’s spouse(s)) Texas Constitution Section 50(a)(6): Lien was created without consent of all owners and owner's spouse(s). Documents provided but not signed.     Reviewer Comment (2019-09-27): Removed on compliance re-run
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other With respect to the non-consent by owner, obtain their consent.  However, with respect to the unsigned note, this could be an issue with the loan generally outside of 50(a)(6).  
(Note: Failure to obtain the consent will result in not having a lien against the property)		 C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Evidence of Guaranty Surety) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   Evidence of Guaranty or Surety of a TX Home Equity loan in file. Endorsement not verified     Reviewer Comment (2019-09-27): Removed on compliance re-run
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Send the borrower a written acknowledgement that the lien is valid only against the subject property and cannot be collected against the Evidence of Guaranty Surety. C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Missing Closing Disclosure dated [REDACTED] as per the Disclosure Tracking Summary.     Reviewer Comment (2019-10-02): Rec'd CD; exception cleared.
 10/02/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207692545 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure or VCC provided; known fee not disclosed on Loan Estimate.     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   TX 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
207692545 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207692547 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Primary Purchase   C A A A A A C A Non QM Non QM No
207692548 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Insurance date is after the Transaction date     Reviewer Comment (2019-08-21): Lender's certification dated[REDACTED] (D0163) states that per the insurance company there has been no claims placed on this property.
 08/21/2019     1 A   CO Primary Purchase   C B C A C B C A Non QM Non QM No
207692548 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CO Primary Purchase   C B C A C B C A Non QM Non QM No
207692548 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Evidence of percentage of business ownership was not provided.     Reviewer Comment (2019-08-21): Duplicates of documentation in file provided. All business entity documents only reflect Borrower, ok to clear.


Buyer Comment (2019-08-17): plz note all docs upld only show one listed agent which is the borrower
 08/21/2019     1 A   CO Primary Purchase   C B C A C B C A Non QM Non QM No
207692548 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [REDACTED] did not disclose the required  Broker  Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). Not Provided     Reviewer Comment (2019-08-19): Letter of Explanation & Corrected Closing Disclosure provided.
   08/19/2019   2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207692550 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207692550 [REDACTED]         Credit Credit Credit Documentation Credit Report Error: Monthly Payment  was not provided - Monthly payment not referenced on credit report     Reviewer Comment (2019-09-20): Debt was paid off through closing; exception cleared


Buyer Comment (2019-09-18): Everything was paid off except for one debt which is [REDACTED].   All debts were paid, why would we care what the monthly pymt was.
 09/20/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207692550 [REDACTED]         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 $700.00 exceeds tolerance of $515.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender credit of $185.00 for tolerance cure         08/13/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207692550 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exceptional approval for reserves with  credit score & credit history compensating factors Credit score - Borrowers' representative credit score of 617 exceeds the 600 guideline minimum.

Credit History - Borrowers' credit history reflects borrowers are responsible credit users and has not had any adverse credit since [REDACTED].		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-15): CRE D002


Reviewer Comment (2019-08-14): Program exception granted supported by listed compensating factors.
     08/15/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207692550 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment for [REDACTED] within 10 days of closing not provided.     Reviewer Comment (2019-08-30): Rec'd VVOE from [REDACTED] dated [REDACTED] - 31 days post-close verifies currently employed; exception cleared.
 08/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207692550 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure[REDACTED] 12:00:00 AM was received. Verification of receipt by borrower prior to initial CD being issued was not provided.             2 B   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B B B C A Non QM Non QM No
207692551 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   GA Primary Refinance - Cash-out - Other   C A A A A A C A Non QM Non QM No
207692554 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing 12 months consecutive verification of rent.  Also, most checks provided are noted as Mortgage Payment and some have a loan number referenced.  No LOE in file.  UTD is borrower is also purchasing her current residence. 35.69% DTI on this 12 month bank statement documentation loan < 55% guideline max - 19% below program guideline maximum

Borrower on this (12 month bank statement documentation loan has a disposable income of $14,163.96		 Originator

Originator		 Reviewer Comment (2019-08-23): Rec'd CRE - D189
     08/23/2019 2 B   FL Primary Purchase   C C C B A A C C Non QM Non QM No
207692554 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard Insurance Policy Effective Date [REDACTED], Transaction Date:  [REDACTED]     Reviewer Comment (2019-08-23): Rec'd Evidence of insurance, effective on [REDACTED], in trailing docs; exception cleared.
 08/23/2019     1 A   FL Primary Purchase   C C C B A A C C Non QM Non QM No
207692554 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Primary Purchase   C C C B A A C C Non QM Non QM No
207692554 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Borrower is 50% owner of business and business funds were used at 50% for reserves; Lender exception approval not provided; guidelines require 100% ownership under Platinum program     Reviewer Comment (2019-08-23): Verified borrower is 100% owner.
 08/23/2019     1 A   FL Primary Purchase   C C C B A A C C Non QM Non QM No
207692556 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207692556 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. Document provided to Borrowers was not executed.             2 B   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207692556 [REDACTED]         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 $485.00 exceeds tolerance of $475.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/14/2019   1 A   FL Primary Purchase Final CD evidences Cure C B C A B B C A Non QM Non QM Yes
207692556 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for credit inquiries within 90 days of credit report date was not provided.     Reviewer Comment (2019-08-28): LOE provided
 08/28/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207692556 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification [REDACTED] was not provided.     Reviewer Comment (2019-08-28): HOA verification provided
 08/28/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207692561 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Loan amount increased prior to closing. Title policy not provided to confirm coverage increased to new loan amount.     Reviewer Comment (2019-08-20): [REDACTED] Final Title Policy provided
 08/20/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692561 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-20): [REDACTED] Final Title Policy provided
 08/20/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692561 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Percentage of ownership not verified and at least two years of self employment.     Reviewer Comment (2019-09-06): All required docs show borrower as owner


Reviewer Comment (2019-08-20): Entity documentation in file references Borrower and non-borrower as owners of [REDACTED].  Issue remains EV3 to support Borrower's actual percentage of ownership in company and verification of 2 years [REDACTED]


Buyer Comment (2019-08-16): Per UW: Based on CPA letter in file, this should overrule the website clip they are talking about that we used for 411 support of the company location. Sch C is sole proprietor, thus ownership is not in question.
 09/06/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692561 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Percentage of ownership not confirmed. - Third party verification lists 2 (Late) Grandfathers and a Father along with borrower for the Family business     Reviewer Comment (2019-09-06): All required documents show borrower only


Reviewer Comment (2019-08-20): Entity documentation in file references Borrower and non-borrower as owners of [REDACTED].  Issue remains EV3 to support Borrower's actual percentage of ownership in company


Buyer Comment (2019-08-16): Per UW: Based on CPA letter in file, this should overrule the website clip they are talking about that we used for 411 support of the company location. Sch C is sole proprietor, thus ownership is not in question.
 09/06/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207692563 [REDACTED]         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 [REDACTED] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. There is a seller credit of $[REDACTED] that is not on the calculating cash to close             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207692563 [REDACTED]         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.       Reviewer Comment (2019-08-21): Verification appraisal report email to Borrower[REDACTED] provided (D0152)
 08/21/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
207692563 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.91670% or Final Disclosure APR of 5.92100% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-08-21): Compliance rerun
 08/21/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
207692563 [REDACTED]         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.       Reviewer Comment (2019-08-21): Verification appraisal report email to Borrower[REDACTED] provided (D0152)
 08/21/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
207692563 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
207692563 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-08-21): AO Personal Bank Statement Worksheet provided
 08/21/2019     1 A   FL Primary Purchase   C B C A C B C A Non QM Non QM No
207692564 [REDACTED]         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.               2 B   IL Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM Yes
207692564 [REDACTED]         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 $153.00 exceeds tolerance of $102.00 plus 10% or $112.20.  Sufficient or excess cure was provided to the borrower at Closing.           08/14/2019   1 A   IL Primary Refinance - Cash-out - Other Final CD evidences Cure B B B B B B A A Non QM Non QM Yes
207692564 [REDACTED]         Credit Credit Miscellaneous Miscellaneous Credit (Non-Material):   Letter of explanation for inquiries is not signed and dated.             2 B   IL Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
207692564 [REDACTED]         Credit Credit Miscellaneous Miscellaneous Credit (Non-Material):   Per declarations section of the initial 1003, borrower is not a citizen or permanent resident alien.  This was corrected on the final 1003 without further explanation.             2 B   IL Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
207692565 [REDACTED]         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   CO Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
207692565 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verbal verification of employment completed within 10 days of closing.     Reviewer Comment (2019-08-30): [REDACTED] received
 08/30/2019     1 A   CO Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
207692566 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   OH Primary Purchase   C A A A A A C A Non QM Non QM No
207692567 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207692567 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-08-27): TX FMV signed by Lender provided


Buyer Comment (2019-08-27): uploaded since [REDACTED]
 08/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B C A Non QM Non QM Yes
207692567 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The renewal paid at closing was prorated.             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207692567 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Governmental Surcharge was added on the CD and made payable to a unique provider.     Reviewer Comment (2019-09-17): Tolerance exceptions are addressed. Exception Cleared.
 09/17/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207692567 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was introduced on the CD and made payable to a unique provider.     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 09/17/2019     1 A   TX 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 C A Non QM Non QM Yes
207692567 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. AMC received PCCD indicating cure, LOE, and Refund Check. Exception Cured.     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   09/17/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207692569 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207692569 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception provided.  2 year self employment history was not provided 10.33% DTI on this Bank Statement documentation loan < 55.00% guideline max  below program guideline maximum

Residual income $22,670.85 monthly > $1,500.00 monthly required		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-14): Lender exception D0182
     08/14/2019 2 B   FL Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207692570 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   UT Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207692570 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. The closing documents were signed the day after the document date.             2 B   UT Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
207692570 [REDACTED]         Credit Guideline Guideline Issue Borrower does not have the minimum active tradelines per guidelines.   Lender exception: The borrower had four active tradelines but only two have been active for > 12 months.  Compensating factors include credit history, excess residual income and stable employment. Borrower on this Alt documentation loan has a disposable income of $7,126

Borrower has employment stability for 15 years in the [REDACTED]		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-19): CRE D100
     08/19/2019 2 B   UT Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207692570 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Lender exception: compensating factors include credit history, excess residual income and stable employment. Borrower on this Alt documentation loan has a disposable income of $7,126

Borrower has employment stability for 15 years in the [REDACTED]		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-19): CRE D100
     08/19/2019 2 B   UT Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207692571 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Primary Purchase   C B C B A A C A Non QM Non QM No
207692571 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Missing source documentation for large deposit of $[REDACTED] on[REDACTED] into account ending [REDACTED]. 71% LTV < 90% guideline max.

Borrower has a disposable income of $21,800.		 Originator

Originator		 Reviewer Comment (2019-08-29): Rec'd exception for reserves < guideline minimum.


Reviewer Comment (2019-08-23): Reviewed Lender's response comment. Issue remains EV3. $36,000.00 deposit made[REDACTED] to [REDACTED] is greater than $34,409.14 monthly qualifying income.  All deposits greater than or equal to 50% of the borrower's gross monthly qualifying income must be source verified.  $36,000.00 excluded from qualifying assets.   Issue remains EV3 for 3.60 months reserves < 4 months minimum.


Buyer Comment (2019-08-20): Per UW: This is a borrower with an average of $310.635/mo in deposits into his account. That deposit is not out of the ordinary if you review his deposit history. Please waive.
     08/29/2019 2 B   CT Primary Purchase   C B C B A A C A Non QM Non QM No
207692572 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Final CD reflects an incorrect value based on appraisal on file the correct value should be [REDACTED]             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207692572 [REDACTED]         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 [REDACTED] 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 CD reflects an inaccurate value of cash to borrower.             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207692572 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender did not provided a cure credit to the borrower     Reviewer Comment (2019-08-20): COC - loan amount increase
 08/20/2019     1 A   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207692572 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Lender did not provided a cure credit to the borrower     Reviewer Comment (2019-08-20): COC - loan amount increase


Buyer Comment (2019-08-20): Loan amt increased which in turned increased the Loan Dis Pts
 08/20/2019     1 A   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 B B C B A A Non QM Non QM Yes
207692572 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207692576 [REDACTED]         Credit Document Error General Note terms reflect Prepayment Penalty.  Prepayment Penalty Rider was not checked on the Security Instrument screen.  Correct data or set exception.   Closing Disclosure reflects prepayment penalty.  Note Addendum (115)and a PPP Rider (118) both show N/A for ppp period.     Reviewer Comment (2019-08-22): Loan exception modified to address specific issue.   Misc Compliance Exception added: Prepayment Penalty Discrepancy,  Loan Approval, Rate Lock (w/Prepay Buy Out), Prepayment Penalty Note addendum and Security Instrument Rider state loan approved with no prepayment penalty.  Closing Disclosure(s) disclose loan terms include a prepayment penalty feature (as high as $9,145.00 if loan paid off)
 08/22/2019     1 A   AZ Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
207692576 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-03): Rec'd Final Title policy in trailing docs; exception cleared.
 09/03/2019     1 A   AZ Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
207692576 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Verified dollar amount is missing on the title policy.     Reviewer Comment (2019-08-22): Proposed policy amount not to exceed [REDACTED] (D0084).  EV3 added for [REDACTED] < [REDACTED] Note amount
 08/22/2019     1 A   AZ Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
207692576 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Proposed policy amount $ [REDACTED]  < $ [REDACTED]  Note amount.   Missing amended title commitment indicating a $ [REDACTED]  proposed policy amount or a copy of $ [REDACTED] Final Title Policy     Reviewer Comment (2019-09-03): Rec'd Final Title policy in trailing docs; exception cleared.
 09/03/2019     1 A   AZ Investment Refinance - Rate/Term   C A C A A A A A N/A N/A No
207692576 [REDACTED]         Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Prepayment Penalty Discrepancy,  Loan Approval, Rate Lock (w/Prepay Buy Out), Prepayment Penalty Note addendum and Security Instrument Rider state loan approved with no prepayment penalty.  Closing Disclosure(s) disclose loan terms include a prepayment penalty feature (as high as $ [REDACTED]  if loan paid off)     Reviewer Comment (2019-10-01): Rec'd corrected CD signed by the Borrower in trailing docs; exception cleared.
 10/01/2019     1 A   AZ Investment Refinance - Rate/Term   C A C A A A A A N/A N/A Yes
207692577 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Safe Harbor requirements not satisfied:
Lender name on appraisal misspelled as [REDACTED] not [REDACTED]		             2 B   OH Primary Refinance - Cash-out - Other   C B C B B B C B Non QM Non QM No
207692577 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Primary Refinance - Cash-out - Other   C B C B B B C B Non QM Non QM No
207692577 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender - Lender on Appraisal differs from the Note as the Lender on Appraisal reflects [REDACTED]and Note reflects [REDACTED]             2 B   OH Primary Refinance - Cash-out - Other   C B C B B B C B Non QM Non QM No
207692577 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Maximum LTV for cash out refinance with multiple 30 day lates in the last twelve months with a 559 credit score is 70%. 37.44443% DTI on this Full documentation loan < 55.00% guideline maximum

Borrowers have owned the subject property for 9 years and 10 months (since [REDACTED])		 Originator

Originator		 Reviewer Comment (2019-08-27): CRE provided


Buyer Comment (2019-08-23): Note: its our exception and we can word the CRE as we see fit, as the exception states LTV Exceeds maximum allowed.


Reviewer Comment (2019-08-22): Received a CRE with no reference to specific exception approved by Lender.  Issue remains EV3 for a CRE with verified compensating factors for approved 80% LTV/CLTV exceeds 70% maximum (due to multiple 30 day mortgage late payments and 559 credit score)
     08/27/2019 2 B   OH Primary Refinance - Cash-out - Other   C B C B B B C B Non QM Non QM No
207692577 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Maximum LTV for cash out refinance with multiple 30 day lates in the last twelve months with a 559 credit score is 70%. 37.44443% DTI on this Full documentation loan < 55.00% guideline maximum

Borrowers have owned the subject property for 9 years and 10 months (since [REDACTED])		 Originator

Originator		 Reviewer Comment (2019-08-27): CRE provided


Reviewer Comment (2019-08-22): Received a CRE with no reference to specific exception approved by Lender.  Issue remains EV3 for a CRE with verified compensating factors for approved 80% LTV/CLTV exceeds 70% maximum (due to multiple 30 day mortgage late payments and 559 credit score)
     08/27/2019 2 B   OH Primary Refinance - Cash-out - Other   C B C B B B C B Non QM Non QM No
207692578 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Loan amount increased prior to closing. Title policy not provided to confirm coverage increased to new loan amount.     Reviewer Comment (2019-09-04): Rec'd Final Title policy in trailing docs; exception cleared.
 09/04/2019     1 A   PA Primary Purchase   C B C B C A C A Non QM Non QM No
207692578 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   PA Primary Purchase   C B C B C A C A Non QM Non QM No
207692578 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-04): Rec'd Final Title policy in trailing docs; exception cleared.
 09/04/2019     1 A   PA Primary Purchase   C B C B C A C A Non QM Non QM No
207692578 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Two transfers made to  [REDACTED]  on  [REDACTED]  in the amount of $ [REDACTED]  and on [REDACTED]  in the amount of $ [REDACTED]  are from the borrower's  [REDACTED]  and are being excluded causing insufficient funds to close and reserves.     Reviewer Comment (2019-09-08): Rec'd earnest money check.  Borrower has sufficient funds to close.


Reviewer Comment (2019-09-04): File is missing copy of EMD check for $7,150.00.


Buyer Comment (2019-08-30): [REDACTED] - $15,959.60 - $14,500.00 = $1,459.60
[REDACTED] -  $43,336.18 - $8,000  =      $35,336.18
Grand total                                          $ 36,795.78  borrower has enough to close


Reviewer Comment (2019-08-28): $36,870.78 verified qualified assets is $6,630.72 less than $43,191.50 in verified assets required.   $14,500.00 in assets were excluded from closing and reserves.   Borrower's individual held [redacted] account statement indicates two transfers exceeding 50% of Borrower's $10,335.66 monthly income.  $7,500.00 transfer [REDACTED] and $7,500.00 transfer [REDACTED] are source verified as [REDACTED] transfers from [REDACTED].  [REDACTED]'s relationship to Borrower is referenced in Borrower's signed letter of explanation dated [REDACTED] (D0176).  Source of deposits does not meet Gift Funds or Asset guideline requirements for assets to be used towards closing and reserves


Buyer Comment (2019-08-26): cash to close per cd in closing pkg borrower needed $35,576.50. iN [REDACTED] BORROWER HAS $43,336.18 ACT [REDACTED] mius the deposits from the friend borrower has $1,534.60 borrower has more than enough funds to close/
 09/08/2019     1 A   PA Primary Purchase   C B C B C A C A Non QM Non QM No
207692578 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of  [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 08/26/2019     1 A   PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207692578 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limits were not exceeded as per CD.     Reviewer Comment (2019-08-26): Tolerance exceptions are addressed. Exception Cleared.
 08/26/2019     1 A   PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207692578 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 08/26/2019     1 A   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
207692578 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Two transfers made to  [REDACTED]  on  [REDACTED]  in the amount of $ [REDACTED]  and on [REDACTED]  in the amount of $ [REDACTED]  are from the borrower's  [REDACTED]  and are being excluded causing insufficient funds to close and reserves. 34.87799% DTI on this Bank Statement documentation loan < 55.00% guideline maximum Originator Reviewer Comment (2019-09-10): CRE provided for minimum 4 months PITI reserves not documented.


Reviewer Comment (2019-09-08): Rec'd earnest money check.  Borrower has sufficient funds to close.  Still short reserves.
     09/10/2019 2 B   PA Primary Purchase   C B C B C A C A Non QM Non QM No
207692579 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207692579 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) No Seller paid fees disclosed on Seller's CD.     Reviewer Comment (2019-08-28): No closing costs charged to Seller.  Property is new construction and seller is the builder.


Buyer Comment (2019-08-27): Seller is not required to pay any of the borrower's closing costs.  No PCCD is needed.


Buyer Comment (2019-08-27): Please see Seller CD for this transaction.  Seller is not paying any of the borrower's closing costs.
 08/28/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207692579 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Title - Policy Guarantee fee of $4.00 was not provided.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207692579 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Policy Guarantee Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   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 A C B C A Non QM Non QM Yes
207692579 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   More than 3 overdraft protection transfers in a 12 month period were evident however, review for acceptability per guidelines is not evident.     Reviewer Comment (2019-08-29): Rec'd 1008 with acknowledgment; exception cleared.
 08/29/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207692579 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Purchase   C B C A C B C A Non QM Non QM Yes
207692580 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The amount owed was not month specific.             2 B   NJ Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207692581 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Effective date [REDACTED], transaction date [REDACTED].     Reviewer Comment (2019-08-26): Rec'd Lender attestation that per insurance company no claims have been placed on property as of [REDACTED].
 08/26/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207692581 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207692581 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided         Reviewer Comment (2019-08-29): PUD Rider provided


Buyer Comment (2019-08-27): PUD on page 15
 08/29/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207692581 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Information was not provided.             2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207692581 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided REO [REDACTED]     Reviewer Comment (2019-08-26): Rec'd Borrower attestation of no HOA dues in trailing docs.
 08/26/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207692582 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Acknowledgment of the Fair Market Value not properly executed by the Lender.     Reviewer Comment (2019-08-26): Rec'd document signed by Lender in trailing docs.
 08/26/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207692582 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided Timely) Texas Constitution Section 50(a)(6):  Acknowledgment of the Fair Market Value not provided to borrower at closing. Close date[REDACTED]note and deed dated[REDACTED]hen executed on [REDACTED].     Reviewer Comment (2019-08-27): Document is dated [REDACTED]


Buyer Comment (2019-08-27): Note: The Documents doesn't have to be dated by the Bwr as there is no where for the Bwr to Date this particular Doc. Bwrs are only to sign


Reviewer Comment (2019-08-26): Document provided is dated [REDACTED] and Borrower did not date the document when signed; Exception remains.


Buyer Comment (2019-08-22): This was given to the Bwr at closing on [REDACTED]s all docs executed on [REDACTED]
 08/27/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207692582 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s)     Reviewer Comment (2019-09-03): LOE, new rescission and proof of delivery provided.


Buyer Comment (2019-09-03): This should have been cleared by [REDACTED]


Buyer Comment (2019-08-28): OK to clear today..thanks


Reviewer Comment (2019-08-26): Will review after expiration.


Buyer Comment (2019-08-22): I know you cant clear until after [REDACTED]
   09/03/2019   2 B   TX 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 C B C A Non QM Non QM Yes
207692582 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207692582 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-consent obtained[REDACTED]hen initial LE and disclosure sent on [REDACTED]     Reviewer Comment (2019-08-27): Received tracking showing docs were also mailed [REDACTED] on[REDACTED]


Buyer Comment (2019-08-27): LE was sent w/in 3 days on App date. As long as we sent the LE w/in the 3 days we are w/in the TRID guides.


Reviewer Comment (2019-08-23): [REDACTED] received disclosure tracking indicating LE was sent through [REDACTED] however receipt date is still 3 business days after application date.


Buyer Comment (2019-08-22): Proof that LE was sent via [REDACTED] and Bwr can E-Consent to E-Disclosures at any point during the Mtg Cycle and this is allowed per TRID guides.
 08/27/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207692582 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. E-consent obtained[REDACTED]hen initial LE and disclosure sent on [REDACTED]     Reviewer Comment (2019-08-27): Received tracking showing docs were also mailed [REDACTED] on[REDACTED]
 08/27/2019     1 A   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207692582 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. E-consent obtained[REDACTED]hen initial LE and disclosure sent on [REDACTED]             2 B   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207692582 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-08-26): Replacement cost estimate per insurance provider is [REDACTED]; exception cleared
 08/26/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207692585 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MS Primary Purchase   C B A A C B C A Non QM Non QM No
207692585 [REDACTED]         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.               2 B   MS Primary Purchase   C B A A C B C A Non QM Non QM Yes
207692585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 5,103.23 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-09-26): [REDACTED] received an attestation that the PCCD issued on[REDACTED]as an accurate closing date of[REDACTED] Since it is a PCCD and not the final CD and the Borrower signed the PCCD on[REDACTED]a letter of explanation is not required.  Exception cured.


Reviewer Comment (2019-08-28): [REDACTED] reviewed exception. The [REDACTED] CD is tested as a PCCD as the close date is [REDACTED]. Please provide attestation indicating accurate issue/close date.


Buyer Comment (2019-08-27): Please look at Final CD [REDACTED]
   09/26/2019   2 B   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207692585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.       Reviewer Comment (2019-10-08): Letter of Explanation and Corrected CD provided.


Reviewer Comment (2019-10-01): [REDACTED] received an attestation confirming the closing date of[REDACTED]s accurate on the PCCD dated[REDACTED]or the correction to the payment.  Please provide a Letter of Explanation provided to the Borrower to go with the changes made on the PCCD to cure.
   10/08/2019   2 B   MS 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 C A Non QM Non QM Yes
207692585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate Initial Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual toatal payment for the loan.       Reviewer Comment (2019-10-08): Letter of Explanation and Corrected CD provided.


Reviewer Comment (2019-10-01): [REDACTED] received an attestation confirming the closing date of[REDACTED]s accurate on the PCCD dated[REDACTED]or the correction to the payment.  Please provide a Letter of Explanation provided to the Borrower to go with the changes made on the PCCD to cure.


Buyer Comment (2019-09-28): Please clear as attestation letter was provided [REDACTED]


Reviewer Comment (2019-08-28): [REDACTED] reviewed exception. The [REDACTED] CD is tested as a PCCD as the close date is [REDACTED]. Please provide attestation indicating accurate issue/close date.


Buyer Comment (2019-08-27): Please look at Final CD [REDACTED]
   10/08/2019   2 B   MS 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 C A Non QM Non QM Yes
207692585 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Actual closing date was [REDACTED].     Reviewer Comment (2019-10-08): Letter of Explanation and Corrected CD provided.


Reviewer Comment (2019-10-01): [REDACTED] received an attestation confirming the closing date of[REDACTED]s accurate on the PCCD dated[REDACTED]or the correction to the closing date.  Please provide a Letter of Explanation provided to the Borrower to go with the changes made on the PCCD to cure.
   10/08/2019   1 A   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207692586 [REDACTED]         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. Provided [REDACTED]; signed [REDACTED].     Reviewer Comment (2019-08-21): [REDACTED] received disclosure tracking indicating the [REDACTED] CD was received the same day. Exception Cleared.
 08/21/2019     1 A   CA Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
207692586 [REDACTED]         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 [REDACTED] 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. In the Summaries of Transactions table the Amount of Cash to Close of $[REDACTED] does not match the Final value of Cash to Close in the Calculating Cash to Close table amount of $[REDACTED].  The mortgage payoff was not adjusted out in the summaries of transactions.             2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207692586 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Transaction Error: Outstanding liens were not paid at closing. - [REDACTED]as per Preliminary Title Report     Reviewer Comment (2019-09-11): Rec'd Title Company Ledger and Final Closing Statement verifying payoff of outstanding mortgage on property; exception cleared.


Reviewer Comment (2019-09-04): Received and reviewed post-closing closing disclosure provided.  issue remains EV3 for the settlement agent's funding/disbursement sheet showing that payoff from the title company/settlement company.


Buyer Comment (2019-08-29): Please line 04 in Summaries of Transaction section K. The Payoff was added to the PCCD of [REDACTED].


Reviewer Comment (2019-08-28): Lender provides a copy of CD highlighting  [REDACTED] Lender paid compensation provided to submitting Broker for subject loan transaction. Page 3 of Final CD does not reflect payoff of existing mortgage.


Reviewer Comment (2019-08-22): Page 3 of Final CD does not reflect payoff of existing mortgage.


Buyer Comment (2019-08-20): [REDACTED] shows on the CD.
 09/11/2019     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207692587 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   Missing closing disclosure that comports to the [REDACTED] Change of circumstance and is support by rate lock dated [REDACTED] that shows loan locked at 6.625%.     Reviewer Comment (2019-08-28): LE dated [REDACTED] was provided in trailing docs; exception cleared.


Buyer Comment (2019-08-28): Please review been uploaded since [REDACTED]


Buyer Comment (2019-08-27): uploaded since [REDACTED]
 08/28/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C B C B C B A A Non QM Non QM No
207692587 [REDACTED]         Credit Income / Employment Income Documentation Employment Error: Employment years in field not provided. - Initial and final 1003 omitted the years borrower has been employed in the field.             2 B   TX Primary Refinance - Cash-out - Home Improvement   C B C B C B A A Non QM Non QM No
207692587 [REDACTED]         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 loan estimate disclosed with seller,  CDs provided are without seller.             2 B   TX Primary Refinance - Cash-out - Home Improvement Good Faith Redisclosure C B C B C B A A Non QM Non QM Yes
207692587 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Page two section F, line item 1 shows 1 months insurance premium paid out of closing in the amount of $[REDACTED]. This amount is equal to 12 months insurance coverage.             2 B   TX Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207692587 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. $[REDACTED] in closing costs financed not shown on page 3 Closing cost financed(paid from the loan amount) amount shown is $0.             2 B   TX Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207692587 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00.  $78.00 calculated.     Reviewer Comment (2019-08-23): Borrower shopped for title services
 08/23/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207692587 [REDACTED]         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 $78.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $78.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-23): Borrower shopped for title services
 08/23/2019     1 A   TX 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 B C B A A Non QM Non QM Yes
207692587 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided) Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower.       Reviewer Comment (2019-08-18): CD [REDACTED]
 08/18/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B A A Non QM Non QM Yes
207692588 [REDACTED]         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 (2019-08-22): Verified Taxes and Insurance are escrowed; exception removed on compliance re-run.
 08/22/2019     1 A   UT Primary Refinance - Cash-out - Home Improvement   C B A A C B A A Non QM Non QM No
207692588 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.35240% or Final Disclosure APR of 9.36100% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-08-22): Verified Taxes and Insurance are escrowed; exception removed on compliance re-run.
 08/22/2019     1 A   UT Primary Refinance - Cash-out - Home Improvement   C B A A C B A A Non QM Non QM No
207692588 [REDACTED]         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 $[REDACTED]and disclosure timing violations. E-Sign was not provided on file             2 B   UT Primary Refinance - Cash-out - Home Improvement No Defined Cure C B A A C B A A Non QM Non QM No
207692588 [REDACTED]         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 [REDACTED] 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. Verified entry by final CD on file final CD reflects cash to borrower in the amount of [REDACTED]             2 B   UT Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207692594 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business start date not provided. Corporate resolution verifies borrower is [REDACTED] as of  [REDACTED]  and bank statements provided verifying business income since [REDACTED], however two years of [REDACTED] not verified.     Reviewer Comment (2019-10-22): Rec'd third party verification of start date.  Fraud report confirms AKA for name on document.


Buyer Comment (2019-10-20): Please review the license for xs Roofing (see Highlighted areas) from [REDACTED] TX.  It is dated[REDACTED], and it shows [REDACTED] as the only person conducting business  under the company's name.


Reviewer Comment (2019-10-13): All documents show [REDACTED]; please provide exact document referenced in comment


Reviewer Comment (2019-08-23): Doc provided documents Xs [REDACTED] was established by [REDACTED][REDACTED] and the business has been in existence > 2 years.  Borrower. [REDACTED] is documented as ([REDACTED]) since [REDACTED].  Proof of 2 years [REDACTED] is not documented in file.


Buyer Comment (2019-08-20): Please review doc showing business established [REDACTED]
 10/22/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207692594 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limits were not exceeded as per CD.     Reviewer Comment (2019-08-21): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/21/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207692594 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure was provided to the borrower for the TX Guaranty Fee.     Reviewer Comment (2019-08-21): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Buyer Comment (2019-08-20): Please review doc showing business established [REDACTED]
   08/21/2019   2 B   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 A C B A A Non QM Non QM Yes
207692594 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-08-21): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   08/21/2019   2 B   TX Primary Purchase   C B C A C B A A Non QM Non QM Yes
207692595 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.24000% or Final Disclosure APR of 7.25200% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207692595 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207692595 [REDACTED]         Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   Consecutive 12 month rental history not provided but meets exception policy based on compensating factors of low DTI; LTV is less than required; 27 months reserves is greater than required;  and residual income exceeds $1500.00. 18% DTI on this Alt documentation loan < 55% guideline max - 37% below program guideline maximum

LTV approved at 80% which is lower than max LTV of 90%.		 Originator

Originator		 Reviewer Comment (2019-08-15): Consecutive rental history not provided but meets exception policy based on compensating factors.
     08/15/2019 2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207692595 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Verification of business completed within ten (10) days of closing, or at any point, post-closing.     Reviewer Comment (2019-08-28): TPV provided
 08/28/2019     1 A   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207692596 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller fees were not disclosed on the Final Consumer CD.     Reviewer Comment (2019-08-22): Seller's CD provided.
 08/22/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207692596 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing verification that Borrower is at least 50% owner of [REDACTED].  Documentation provided disclosed Borrower as Agent for Service of Process.     Reviewer Comment (2019-08-23): All business entity documents only reflect Borrower, ok to clear.
 08/23/2019     1 A   CA Primary Purchase   C B C A C B C A Non QM Non QM No
207692596 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   CA Primary Purchase   C B C A C B C A Non QM Non QM No
207692596 [REDACTED]         Compliance Compliance Federal Compliance TRID non-compliant: Missing Seller's Closing Disclosure.   Missing Seller CD.             2 B   CA Primary Purchase Good Faith Redisclosure C B C A C B C A Non QM Non QM Yes
207692600 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-08-28): TX FMV signed by Lender provided
 08/28/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A A A Non QM Non QM Yes
207692601 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final CD reflects $[REDACTED], calculated value $[REDACTED]             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207692601 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   TX Primary Purchase   C B A A B B C A Non QM Non QM No
207692605 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Twelve (12) months business bank statements required per guidelines however, only 10 months are evident.     Reviewer Comment (2019-09-24): Rec'd [REDACTED] and [REDACTED] statements.


Reviewer Comment (2019-09-10): Received CRE for a missing letter of explanation.   Issue remains EV3 for issue missing [REDACTED] business statement dated [REDACTED].  Statement in file [REDACTED] personal statement dated [REDACTED] is in file.


Reviewer Comment (2019-08-30): Issue remains EV3 for missing [REDACTED] business statement dated[REDACTED].  Statement in file (D0034) is [REDACTED] personal statement dated[REDACTED].  ** Issue remains EV3 for missing [REDACTED] business statement dated [REDACTED].  Statement in file [REDACTED] personal statement dated [REDACTED] is in file.


Buyer Comment (2019-08-27): 12 months statement are there [REDACTED][REDACTED]
 09/24/2019     1 A   AZ Primary Refinance - Cash-out - Home Improvement   C A C A A A A A Non QM Non QM No
207692605 [REDACTED]         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 $550.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/16/2019   1 A   AZ Primary Refinance - Cash-out - Home Improvement Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207692607 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   Missing evidence of Prelim or Commitment     Reviewer Comment (2019-08-22): Rec'd Final Title policy in trailing docs; exception cleared.
 08/22/2019     1 A   AZ Primary Purchase   C B C A C B A A Non QM Non QM No
207692607 [REDACTED]         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 $1,837.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Includes HOA     Reviewer Comment (2019-08-20): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-08-20): Per CFPB we are allowed to use 11 or 12 mths in this case we used 11 mths on the PCCD uploaded
   08/20/2019   2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207692607 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD not provided             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207692607 [REDACTED]         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 $60.00 exceeds tolerance of $48.00 plus 10% or $52.80.  Sufficient or excess cure was provided to the borrower at Closing. $7.20 lender credit for tolerance cure         08/15/2019   1 A   AZ Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207692608 [REDACTED]         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 $890.00 exceeds tolerance of $800.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee of $890.00 exceeds tolerance of $800.00. Sufficient cure was provided to the borrower at Closing.         08/16/2019   1 A   TX Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207692608 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-08-21): TPV provided
 08/21/2019     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
207692707 [REDACTED]         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.       Reviewer Comment (2019-08-22): Received receipt
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.04430% or Final Disclosure APR of 9.06800% is in excess of allowable threshold of APOR 3.87% + 1.5%, or 5.37000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-08-22): OT added to income calc
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.               2 B   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         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.       Reviewer Comment (2019-08-22): Received receipt


Buyer Comment (2019-08-21): Receipt of Appraisal
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         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 (2019-08-22): OT added to income calc


Buyer Comment (2019-08-21): ATR/QM
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C A C B B B Non QM Non QM Yes
207692707 [REDACTED]         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 56.28633% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.)       Reviewer Comment (2019-08-22): OT added to income calc
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         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 $110.60 exceeds tolerance of $83.00.  Sufficient or excess cure was provided to the borrower at Closing. No cure to borrower         08/13/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B B B Non QM Non QM Yes
207692707 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender -               2 B   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 55.81313% exceeds Guideline total debt ratio of 55.00000% due to [REDACTED] discrepancy.  
DTI is higher than Tape value due to higher consumer debt than lender used.		     Reviewer Comment (2019-08-22): OT added to income calc


Buyer Comment (2019-08-21): Please use overtime income.  WVOE shows borrower has been averaging 52 hours per week.  Based on Borrowers hourly income, it is obvious they have been receiving OT for past 2.5 years.  WVOE also states OT is likely to continue.  Employer provided reason they cannot separate OT from Regular wages.  Please recalculate income using Average Total income on WVOE.
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207692707 [REDACTED]         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 failure due to lender using lower [REDACTED]payment.     Reviewer Comment (2019-08-22): OT added to income calc
 08/22/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B B B Non QM Non QM No
207693479 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B B B     C A     No
207693479 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made to allow for cash out of $[REDACTED] to exceeds $[REDACTED]guidelines. 59% LTV < 70% guideline max -

783 representative FICO score > 700 guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-23): CRE D139
     08/23/2019 2 B   CA Investment Refinance - Cash-out - Other   C B B B     C A     No
207693492 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing complete approval     Reviewer Comment (2019-08-24): Loan Approval provided
 08/24/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693492 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Loan amount is[REDACTED] Second appraisal product was not provided.     Reviewer Comment (2019-09-06): Rec'd CDA dated [REDACTED].
 09/06/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693492 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Max payment shock of 250% for first time home buyer was exceeded. 720 representative FICO score > 660 guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $13,135.89		 Originator

Originator		 Reviewer Comment (2019-08-24): CRE received for 256.43% paymetn shock > 250% maximum allowed for First Time Home Buyer
     08/24/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693493 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Shortage $ [REDACTED] .     Reviewer Comment (2019-08-28): Amended Title Commitment provided reflects a [REDACTED] proposed policy amount
 08/28/2019     1 A   VA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
207693495 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C A A A A A C A Non QM Non QM No
207693496 [REDACTED]         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 disclosure does not reflect the expiration date.     Reviewer Comment (2019-08-27): Copy of Letter, RTC and FED-Ex label provided, Fedex shows Delivered [REDACTED]


Buyer Comment (2019-08-27): Correction: Once we re-open rescission, you will not recv a signed RTC


Buyer Comment (2019-08-27): ***Note: You will recv a Signed RTC this should clear today


Buyer Comment (2019-08-27): Note: You will not get a singed RTC; should clear today


Reviewer Comment (2019-08-26): Unable to review until expiration and signed RTC not rec'd.


Buyer Comment (2019-08-21): I do know that you will not be able to clear until [REDACTED]
   08/27/2019   2 B   OH 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
207693498 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OR Primary Purchase   C B B B C A C B Non QM Non QM No
207693498 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender -               2 B   OR Primary Purchase   C B B B C A C B Non QM Non QM No
207693498 [REDACTED]         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. Lender did not provide a waiver or an preliminary Closing Disclosure.     Reviewer Comment (2019-08-21): Initial CD provided.
 08/21/2019     1 A   OR Primary Purchase No Defined Cure C B B B C A C B Non QM Non QM No
207693498 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  ___ is less than Cash From Borrower ___. Insufficient assets due to program requires 50% of business balance to be used for closing. Meets exception policy based on compensating factors of credit history and FICO score. 770 representative FICO score > 660 guideline minimum - 110 points above guideline minimum

Borrower has sufficient credit history with no late payments.		 Originator

Originator		 Reviewer Comment (2019-08-16): Percentage of business funds allowed under business bank statement program exceeds 50% but meets exception policy based on compensating factors.
     08/16/2019 2 B   OR Primary Purchase   C B B B C A C B Non QM Non QM No
207693499 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Exception approval for payment shock provided - dti and residual income compensating factors 36% DTI on this Alt documentation loan < 55% guideline max

Borrower on this Alt documentation loan has a disposable income of $12,989		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-21): CRE D02
     08/21/2019 2 B   AR Primary Purchase   B B B B A A A A Non QM Non QM No
207693499 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approval for insufficient reserves provided - dti & residual income compensating factors 36% DTI on this Alt documentation loan < 55% guideline max

Borrower on this Alt documentation loan has a disposable income of $12,989		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-21): CRE D002
     08/21/2019 2 B   AR Primary Purchase   B B B B A A A A Non QM Non QM No
207693499 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Housing history not met, missing 12 months cancelled checks for primary residence: UW Waived primary residence VOR due 0x30x24 mortgage history on REO Property 36% DTI on this Alt documentation loan < 55% guideline max

Borrower on this Alt documentation loan has a disposable income of $12,989		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-21): CRE D002
     08/21/2019 2 B   AR Primary Purchase   B B B B A A A A Non QM Non QM No
207693500 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED].     Reviewer Comment (2019-09-07): Received additional listing


Reviewer Comment (2019-08-29): 2 listings are a guideline requirement.  The appraiser needs to provide an additional comparable listing or lender needs to provide a written exception with compensating factors.


Buyer Comment (2019-08-26): Appraiser did not have enough listing or pending sales to add as comps per the note on the top of pg 7.
 09/07/2019     1 A   TX Investment Purchase   C A C A A A A A N/A N/A No
207693500 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided. A verbal verification was provided, however the document is not dated.     Reviewer Comment (2019-08-29): Rec'd dated VVOE
 08/29/2019     1 A   TX Investment Purchase   C A C A A A A A N/A N/A No
207693502 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Initial Loan Estimate dated [REDACTED] was electronically sent, viewed and signed on [REDACTED], however the Disclosure Tracking Detail ([REDACTED] verifies the  package consent date as [REDACTED]     Reviewer Comment (2019-09-09): Earlier eConsent provided.


Buyer Comment (2019-09-08): [REDACTED] just verified that the borrower eConsented both on [REDACTED] AND on [REDACTED].


Reviewer Comment (2019-08-27): The issue here is not that the initial LE was received one day and signed the next day.  The LE was electronically signed on[REDACTED]however, the eConsent package date is [REDACTED].  Please provide evidence of earlier eConsent on or before[REDACTED] clear.


Buyer Comment (2019-08-27): LE'S are frequently sent on one day and not esigned until the next. I've thoroughly reviewed the file and all stayed the same thought out the file. Tolerance violations occur only when the fees were not disclosed in the first place or were under-disclosed. the lenders obligation is to prove the disclosure is sent within three business days of RESPA application date of Change Of Circumstance. Therefore we do not have a tolerance violation.

tks


Reviewer Comment (2019-08-26): [REDACTED] received documentation confirmation Initial LE received on [REDACTED] and E-Consent not obtained until [REDACTED].  The issue on the current loan is that the lender did not obtain the esign consent within 3 days of the loan application to ensure the LE 3 day timeline requirements were met. In the event the esign consent is not obtained by the third day after application, to comply with the 3 day LE timing requirement, the lender would need to send the loan estimate via regular mail.


Buyer Comment (2019-08-23): plz note they viewed the pgk on [REDACTED] which means they received it. We have no control off when the accept it .
 09/09/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation   C B A A C B A A Non QM Non QM No
207693502 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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 Loan Estimate dated [REDACTED] was electronically sent, viewed and signed on [REDACTED], however the Disclosure Tracking Detail ([REDACTED]) verifies the  package consent date as [REDACTED].     Reviewer Comment (2019-09-09): Earlier eConsent provided.
 09/09/2019     1 A   MI Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C B A A C B A A Non QM Non QM No
207693502 [REDACTED]         Compliance Compliance State Compliance Michigan CMPA Home Loan Toolkit Status Michigan Consumer Mortgage Protection Act:  Home Loan Toolkit not provided to borrower. Document not provided             2 B   MI Primary Refinance - Cash-out - Debt Consolidation   C B A A C B A A Non QM Non QM No
207693510 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Purchase   C B A A B B C A N/A N/A No
207693510 [REDACTED]         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. Evidence of receipt of appraisal is missing from the file.             2 B   FL Investment Purchase   C B A A B B C A N/A N/A No
207693511 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Unable to confirm the start date for [REDACTED].     Reviewer Comment (2019-08-28): Income documentation in file documents that Borrower has been [REDACTED] for two (2) years or more under Full Doc program


Buyer Comment (2019-08-26): Since Bwr is Sch C see guides for Portfolio Select see 6.28 for Misc Income all the req'd Income is all we have in file and is all req'd per our guides


Buyer Comment (2019-08-26): What is that you need?


Buyer Comment (2019-08-26): You will not have  a start date as Bwr is [REDACTED]
 08/28/2019     1 A   FL Primary Refinance - Cash-out - Other   D B C A D B C A Non QM Non QM No
207693511 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   D B C A D B C A Non QM Non QM No
207693511 [REDACTED]         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 The mortgage document is missing every other page, this includes the notary page.             2 B   FL Primary Refinance - Cash-out - Other   D B C A D B C A Non QM Non QM No
207693511 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The wire fee increased by $20 with no explanation.     Reviewer Comment (2019-08-26): Tolerance exceptions are addressed. Exception Cleared.
 08/26/2019     1 A   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure D B C A D B C A Non QM Non QM Yes
207693511 [REDACTED]         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 $30.00.  Insufficient or no cure was provided to the borrower. The wire fee increased by $20 with no explanation.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-08-26): Per Service Providers List Bwr this is a fee the Bwr can shop for=---see upload
 08/26/2019     1 A   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 D B C A D B C A Non QM Non QM Yes
207693511 [REDACTED]         Compliance Loan Package Documentation Loan File (Missing Doc) Incomplete loan images/file   The mortgage and the condo rider are incomplete.  The file includes every other page.     Reviewer Comment (2019-08-28): Copy (all pages) of executed Security Instrument and Condo Rider provided


Buyer Comment (2019-08-28): uploaded since [REDACTED]
 08/28/2019     1 A   FL Primary Refinance - Cash-out - Other   D B C A D B C A Non QM Non QM No
207693513 [REDACTED]         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.       Reviewer Comment (2019-09-26): Rec'd third party verification of Schedule C business in trailing docs; exception cleared on compliance re-run.


Reviewer Comment (2019-08-27): Missing third party verification dated within 10 days of closing for Borrower's Secretly Cyber Schedule C income loss, [REDACTED] provided is not signed by Borrower and [REDACTED] provided are not signed by Borrower.  Documentation is required regardless of calculated loss.
 09/26/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207693513 [REDACTED]         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 documentation to support Schedule E income for the primary borrower.     Reviewer Comment (2019-09-26): Rec'd third party verification of Schedule C business in trailing docs; exception cleared on compliance re-run.


Reviewer Comment (2019-08-27): Missing third party verification dated within 10 days of closing for Borrower's Secretly Cyber Schedule C income loss, [REDACTED] provided is not signed by Borrower and [REDACTED] provided are not signed by Borrower.  Documentation is required regardless of calculated loss.


Buyer Comment (2019-08-22): Please clarify what is needed for this condition
 09/26/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
207693513 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Insufficient documentation to support Schedule E income for the primary borrower.     Reviewer Comment (2019-09-26): Rec'd third party verification of Schedule C business in trailing docs; exception cleared on compliance re-run.
 09/26/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207693513 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Inaccurate value of the amount by with the total closing costs exceeded the legal limit on the final CD.     Reviewer Comment (2019-08-23): Attestation received fee further outsourced by borrower chosen provider.
 08/23/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207693513 [REDACTED]         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 $49.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Wire/Funding/Disbursement Fee of $49.50 exceeded the allowable tolerance with no cure provided.     Reviewer Comment (2019-08-23): Attestation received fee further outsourced by borrower chosen provider.
 08/23/2019     1 A   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
207693513 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Final is incomplete   Borrower's page 3 of Final 1003 missing.     Reviewer Comment (2019-08-27): Borrower's page 3 of Final 1003 provided
 08/27/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207693513 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided         Reviewer Comment (2019-08-27): 1008 Loan Transmittal provided
 08/27/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207693523 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   TX Primary Purchase   B B B B A A A A Non QM Non QM No
207693525 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Primary Purchase   C A C A A A C A Non QM Non QM No
207693525 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verification of business existence within 10 days of closing.     Reviewer Comment (2019-08-23): TPV provided
 08/23/2019     1 A   NV Primary Purchase   C A C A A A C A Non QM Non QM No
207693527 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-09-06): Replacement Cost Estimator provided
 09/06/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693527 [REDACTED]         Credit Guideline Guideline Issue Asset qualifications not met per guidelines. Total assets: ___;  Reserves: ___ Borrower does not meet the reserve requirement of 4 months but meets the exception policy based on compensating factor of DTI 39.112% max for program is 50% and borrower has $[REDACTED] residual income. 39.347% DTI on this Bank Statement  documentation loan < 55% guideline maximum

Borrower on this Bank Statement documentation loan has a disposable income of $8,332.83.		 Originator

Originator		 Reviewer Comment (2019-08-21): Reserves requirement of 4 month not met but meets exception policy based on compensating factors.
     08/21/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693527 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Sufficient Cash to close not met due 100% of the borrower's [REDACTED] account number ending [REDACTED] was counted however, amount used can be no more than 50% of the ending per guideline requirements.     Reviewer Comment (2019-09-06): Program changed to Portfolio, able to use Business Funds


Reviewer Comment (2019-09-05): Received an amended Credit Risk Summary & Exception Approval form that reflects underwriter matrix used for loan decision: Portfolio Select.  Reviewed data tape provided to [REDACTED].  Issue remains EV3 for an amended data tape provided to [REDACTED] and an amended [REDACTED] Loan Approval specifying Portfolio Select program.  Exceptions based on Platinum program will be re-reviewed upon receipt of amended data tape and loan approval


Buyer Comment (2019-08-30): This is Portfolio product, not Platinum, CRSE had wrong Matrix selected. I have corrected and updated


Buyer Comment (2019-08-30): This is a portfolio select program and per guidelines:

3.4 Business Assets
Funds from the Borrower's business checking and savings accounts may be used for down payment, closing costs and reserves.
The ending balance of Business Funds used may be the lesser of:
• 100% of the ending balance; or
• The percent of business ownership
 09/06/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693527 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Borrower does not meet the reserve requirement of 4 months but meets the exception policy based on compensating factor of DTI 39.112% max for program is 50% and borrower has $[REDACTED]residual income.  -- Will waive upon receipt of funds to close     Reviewer Comment (2019-09-06): Program changed to Portfolio select business funds allowable for closing.
 09/06/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207693528 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B B B A A C A Non QM Non QM No
207693528 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CDA provided
 10/24/2019     1 A   CA Primary Purchase   C B B B A A C A Non QM Non QM No
207693528 [REDACTED]         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 $615.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/21/2019   1 A   CA Primary Purchase Final CD evidences Cure C B B B A A C A Non QM Non QM Yes
207693528 [REDACTED]         Credit Property - Appraisal Appraisal Documentation Missing Document: Appraisal not provided   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Second appraisal required for loan amount greater than $1 million with LTV exceeding 80%.  Compensating Factors cited: 1) Credit History and 2) Residual Income. Credit Score - Borrowers credit score is 691. Borrower's credit history reflects borrower is a  responsible credit user and does not have any adverse credit reported within the last twenty-four months.

Residual Income - Borrower on this twelve month business bank statement documentation loan has a disposable income of $18,270.11.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-21): CRE D006


Reviewer Comment (2019-08-21): Program exception granted supported by listed compensating factors.
       2 B   CA Primary Purchase   C B B B A A C A Non QM Non QM No
207693531 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207693531 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-08-28): Rec'd disclosure signed by Lender in trailing docs.
 08/28/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B C A Non QM Non QM Yes
207693531 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided Timely) Texas Constitution Section 50(a)(6):  Acknowledgment of the Fair Market Value not provided to borrower at closing. The lender did not signed     Reviewer Comment (2019-09-07): Received Signed


Buyer Comment (2019-09-04): This Doc has nowhere for lender or Bwr to Date---please speak with management on this. As we never had an issue with this Doc being dated by Lender or bwr


Reviewer Comment (2019-08-28): Transaction date is [REDACTED] and document is dated [REDACTED]; Borrower did not date document when signing.  Exception remains.
 09/07/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B C A Non QM Non QM Yes
207693531 [REDACTED]         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 [REDACTED] 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. Value was enter correct not sure why it does not match             2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207693531 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided     Reviewer Comment (2019-09-17): Tolerance exceptions are addressed. Exception Cleared.
 09/17/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207693531 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-08-26): Attestation received fee further outsourced by borrower chosen provider
 08/26/2019     1 A   TX 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 C A Non QM Non QM Yes
207693531 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Guaranty Assessment.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 09/17/2019     1 A   TX 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 C A Non QM Non QM Yes
207693531 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Guaranty Assessment.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   09/17/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207693532 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207693534 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Investment Purchase   C B C B B B C A N/A N/A No
207693534 [REDACTED]         Compliance Compliance State Compliance Ohio Prepayment Penalty Ohio Prepayment Penalty:  Loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepay will not exceed maximum permitted by applicable law.               2 B   OH Investment Purchase   C B C B B B C A N/A N/A No
207693534 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of current housing payment history for [REDACTED]. Per lender exception approval in trailing documents, the lender has waived this exception based on compensating factors of low DTI and high residual income. Originator Reviewer Comment (2019-09-06): Per lender exception approval in trailing documents, the lender has waived this exception based on compensating factors of low DTI and high residual income.


Reviewer Comment (2019-08-30): Received prior VOM/Pay History for prior owned, [REDACTED], [REDACTED].  Final signed 1003 states Borrower rents to rent current residence [REDACTED], [REDACTED] the past 6 months @ $850.00 per month rent (USD).   Issue remains EV3 for verified 6 months recent housing history that was not provided.


Buyer Comment (2019-08-29): Please review to clear
     09/06/2019 2 B   OH Investment Purchase   C B C B B B C A N/A N/A No
207693535 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00 calculated value $383.70.     Reviewer Comment (2019-08-27): Attestation received - Fee further outsourced by borrower chosen provider
 08/27/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207693535 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC).  Fee Amount of $383.70 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $383.70 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-08-27): Attestation received - Fee further outsourced by borrower chosen provider
 08/27/2019     1 A   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 C A Non QM Non QM Yes
207693535 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage of $ [REDACTED] is insufficient to cover loan amount $ [REDACTED] ,  $ [REDACTED] shortfall.  Valid replacement cost estimator was not provided.     Reviewer Comment (2019-08-28): Rec'd Checklist of Coverage documenting replacement cost value of [REDACTED]; exception cleared.
 08/28/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207693535 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207693536 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   50+ months of reserves Originator Reviewer Comment (2019-10-08): Borrower only owes $665 on HELOC, basically free and clear, payment shock waived


Reviewer Comment (2019-08-29): Reviewed Lender's response, "Note: Payment shock in our guides 11.3 state: Payment shock is not considered for borrowers who have less than a twelve (12) month housing history, do not have a current housing payment, or if the home is owned free and clear; this is an invalid exception".   Borrower has 21 months reported per credit supplement dated[REDACTED] (D0025).  [REDACTED] reported $4.00 payment and $662.00 unpaid balance on a [REDACTED] credit limit.  Signed final 1003 Schedule of REO indicates Borrower's current housing payment and [REDACTED] loan are one and the same.  Documentation to support Borrower's current residence, [REDACTED], is owned free or verification that [REDACTED] is not secured by [REDACTED] is not documented.   Issue remains EV3 for 504.84990% payment shock > 350% maximum


Buyer Comment (2019-08-26): Note: Payment shock in our guides 11.3 state: Payment shock is not considered for borrowers who have less than a twelve (12) month housing history, do not have a current housing payment, or if the home is owned free and clear; this is an invalid exception
     10/08/2019 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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 documentation provided for co-borrower's Schedule C loss.     Reviewer Comment (2019-10-08): Updated, loan meets guidelines for losses
 10/08/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
207693536 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - Schedule C Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. Insufficient documentation provided for co-borrower's Schedule C loss.     Reviewer Comment (2019-09-06): Removed on Compliance re-run.


Reviewer Comment (2019-09-06): Ability to Repay (Dodd-Frank 2014) requires third party verification of Co-borrowers Schedule C income/business; exception remains EV3.


Buyer Comment (2019-09-05): Please see our guides 6.28 this is Misc Income we have all the Info: Most recent two (2) years Federal Tax Returns (IRS Form 1040), this is all that is req'd


Reviewer Comment (2019-08-29): Missing [REDACTED], [REDACTED]-No Results and third party verification dated within 10 days of closing for Co-borrower's Schedule C (loss)


Buyer Comment (2019-08-26): Per guides 6.28 this is Misc Income Sch C and all the req'd Documentation is in file; no other information is needed
 09/06/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Insufficient documentation provided for co-borrower's Schedule C loss.     Reviewer Comment (2019-10-08): Updated, loan meets guidelines for losses
 10/08/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD disclosed an inaccurate value of the dollar amount that the actual closing exceeded the legal limit.     Reviewer Comment (2019-08-26): fees reconciled to section B
 08/26/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207693536 [REDACTED]         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 $5.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Wire/Funding/Disbursement fee of $5.00 exceed the allowable tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         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 $45.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Closing Protection Letter fee of $45.00 exceed the allowable tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Document Preparation Fee.  Fee Amount of $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Document Preparation fee of $75.00 exceed the allowable tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         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 $200.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Examination fee of $200.00 exceed the allowable tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing 1099, Award Letter / Continuance Letter, W-2 [REDACTED] supporting [REDACTED] Income.     Reviewer Comment (2019-10-10): Not using for income


Reviewer Comment (2019-09-06): File is missing the following required documentation for Borrower [REDACTED]:  1. Annuity Income -Letter from issuer of annuity to be obtained stating that it has been set up on periodic withdrawal, amount of withdrawal, duration and balance; statement in file reflects balance and no withdrawal since it was set up and also reflects income eligibility date not until [REDACTED]; Qualifying income has been set to 0% pending receipt of required docs. 2. [REDACTED] for income rec'd from [REDACTED]; Most recent 1120S tax returns filed for this business [REDACTED]; required to qualify with most recent year (lower qualifying income calculated due to missing [REDACTED] income verification). 3. [REDACTED] 1099 forms for Schedule C income/business. 4. Third party verification of Schedule C income/business dated within 10 days of closing (CPA letter in file is not dated).


Buyer Comment (2019-09-03): Why would we have w2 income for [REDACTED] when Bwr is retired?


Reviewer Comment (2019-08-29): Reviewed Lender's response referring to Social Security income.
EV3 is for missing 1099, Award Letter / Continuance Letter, W-2 (2018) supporting [REDACTED] Fixed Annuity income


Buyer Comment (2019-08-26): Note: Per our guides 6.43 state: Social Security Administrator's (SSA) Award letter -OR- Proof of current receipt. If you see in you file we have you have the award letters on pages 299-302..No other info is needed
 10/10/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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. Missing third party verification completed within 10 business days of closing for Co-borrower's Schedule C income/business.     Reviewer Comment (2019-10-08): Updated, loan meets guidelines for losses
 10/08/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Power Of Attorney Preparation Fee.  Fee Amount of $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-08-26): fees reconciled to section B
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $775.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         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 $2,483.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-08-26): fees reconciled to section B


Buyer Comment (2019-08-26): Please see the Service Providers list it appears that Bwr could choose their own providers or use the one on list
 08/26/2019     1 A   GA 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
207693536 [REDACTED]         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. Missing evidence as to when the valuation was provided to the borrower's             2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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 Title - Power Of Attorney Preparation Fee.  Fee Amount of $75.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient or excess cure was provided to the borrower at Closing.         08/26/2019   1 A   GA Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
207693536 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ File is missing [REDACTED]P&L statement, [REDACTED]1099 Forms, and/or third party verification of Schedule C business/income.     Reviewer Comment (2019-10-08): Meets guidelines
 10/08/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         Credit Guideline Guideline Issue DTI Exceeds Guidelines. DTI: ___ DTI of 68.29637% exceeds guideline max of 55%; Borrower income not supported by documentation in file.     Reviewer Comment (2019-10-10): updated income based on 1120S in file
 10/10/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. This is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.  Client may elect to waive.             2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693536 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. This is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.  Client may elect to waive.             2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207693538 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Demand Feature TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains a Demand Feature. Question concerning Demand Feature was not answered on the Final CD.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207693539 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.11380% or Final Disclosure APR of 6.12300% is in excess of allowable threshold of APOR 4.30% + 1.5%, or 5.80000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   B B A A B B A A Non QM Non QM No
207693539 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207693540 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   File did not contain a fully executed settlement statement REO [REDACTED]  Audit was unable to confirm sale of the property with documentation provided.     Reviewer Comment (2019-08-26): Signed Closing Disclosure provided documenting 172,966.43 Sale Proceeds from Sale of Departure Residence [REDACTED] on[REDACTED]
 08/26/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207693540 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $4.00.     Reviewer Comment (2019-10-01): Tolerance exceptions are addressed. Exception Cleared.
 10/01/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207693540 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $4.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-01): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared
 10/01/2019     1 A   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 A C B C A Non QM Non QM Yes
207693540 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   File did not contain a fully executed settlement statement for REO [REDACTED]  Audit was unable to confirm the sale of the property.     Reviewer Comment (2019-08-26): Signed Closing Disclosure provided documenting 172,966.43 Sale Proceeds from Sale of Departure Residence [REDACTED] on[REDACTED]
 08/26/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207693540 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207693540 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-10-01): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   10/01/2019   2 B   TX Primary Purchase   C B C A C B C A Non QM Non QM Yes
207693543 [REDACTED]         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). This transaction is an Asset Qualification loan program, which does not require ATR consideration other than sufficient assets to cover total loan amount, all loan costs and five years of debts and property-related payments.             2 B   NJ Primary Purchase   C B C B B B A A Non QM Non QM No
207693543 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provides only one listing for the appraisal done by [REDACTED] and issued on[REDACTED] . Consumer credit payment history is 0x30 for 99+ months.

799 representative FICO score > 700 guideline minimum - 99 points above guideline minimum		 Originator

Originator		 Reviewer Comment (2019-08-26): Rec'd CRE - D178
     08/26/2019 2 B   NJ Primary Purchase   C B C B B B A A Non QM Non QM No
207693543 [REDACTED]         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. Asset qual with residual income calculation     Reviewer Comment (2019-09-03): Non-QM Loan
 09/03/2019     1 A   NJ Primary Purchase Lender to provide updated ATR/QM status C B C B B B A A Non QM Non QM Yes
207693545 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   29.10815% DTI on this Bank Statement documentation loan < 55.00% guideline maximum

Borrower on this Bank Statement documentation loan has a disposable income of $14,178.37		 Originator

Originator		 Reviewer Comment (2019-08-24): CRE provided for 575.95% payment shock > 350% maximum allowed
     08/24/2019 2 B   SC Primary Purchase   C B C B A A A A Non QM Non QM No
207693545 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   29.10815% DTI on this Bank Statement documentation loan < 55.00% guideline maximum

Borrower on this Bank Statement documentation loan has a disposable income of $14,178.37		 Originator

Originator		 Reviewer Comment (2019-08-24): CRE provided for 2.32 months reserves < 4 months minimum required
     08/24/2019 2 B   SC Primary Purchase   C B C B A A A A Non QM Non QM No
207693548 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Primary Purchase   C A A A A A C A Non QM Non QM No
207693550 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Closing was [REDACTED] and the HOI effective date was [REDACTED].     Reviewer Comment (2019-08-23): Rec'd Lender attestation letter of no claims on property; exception cleared.
 08/23/2019     1 A   GA Primary Purchase   C B C B A A A A Non QM Non QM No
207693550 [REDACTED]         Credit Guideline Guideline Issue The borrower is self-employed.  Guidelines require either a tax professional letter or regulatory agency verifying at least 2 years of self-employment along with either a phone listing and/or business address using directory assistance or internet search to be in file.   Lender exception:  Less than two years self employment.  Compensating factors include strong DTI and strong residual income. DTI 38% < 55% max

Residual income $10,603 on alt doc loan		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-20): CRE D171
     08/20/2019 2 B   GA Primary Purchase   C B C B A A A A Non QM Non QM No
207693551 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   A fully executed settlement statement with Borrower receipt of $[REDACTED] was not provided.     Reviewer Comment (2019-08-23): Received signed closing statement documents[REDACTED] sale of departure residence [REDACTED]$408,625.69 proceeds to Borrower. Copy of wire transfer (D0195) documents $408,625.69 proceeds wired directly to [REDACTED] (subject loan settlement agent).
 08/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207693551 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207693551 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   A fully executed settlement statement with Borrower receipt of $[REDACTED]was not provided.     Reviewer Comment (2019-08-23): Received signed closing statement documents[REDACTED] sale of departure residence [REDACTED]$408,625.69 proceeds to Borrower. Copy of wire transfer (D0195) documents $408,625.69 proceeds wired directly to [REDACTED] (subject loan settlement agent).
 08/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207693551 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. UW exception was not provided.  Minimum credit score Platinum is 660.     Reviewer Comment (2019-09-03): Use of representative FICO score per Broker's report is not an exception to guidelines


Buyer Comment (2019-08-26): Note: We do not issue a CRE for using Broker Credit Score; as long as the information is on the updated 1008. Please consult with Management


Reviewer Comment (2019-08-23): Issue remains EV3 for a CRE with verified compensating factors for approved loan terms based on qualifying credit score per submitting Broker's credit report


Buyer Comment (2019-08-21): Broker Credit was used see TD uploaded
 09/03/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207693551 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Borrower's own funds percent discrepancy.   A fully executed settlement statement with Borrower receipt of $[REDACTED] was not provided.     Reviewer Comment (2019-08-23): Received signed closing statement documents[REDACTED] sale of departure residence [REDACTED]$408,625.69 proceeds to Borrower. Copy of wire transfer (D0195) documents $408,625.69 proceeds wired directly to [REDACTED] (subject loan settlement agent).
 08/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207693554 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Borrower prepared P&L not provided     Reviewer Comment (2019-10-01): Rec'd third party verification in trailing docs; exception cleared.


Reviewer Comment (2019-08-29): Rec'd CPA letter dated [REDACTED] and verification of CPA in trailing docs; still missing independent third party verification of the Borrower's business dated within 10 days of closing.  Exception remains EV3.
 10/01/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207693554 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No lender credit for tolerance cure     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207693554 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No lender credit for tolerance cure     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/30/2019     1 A   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 A C B A A Non QM Non QM Yes
207693554 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. AMC received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/30/2019   2 B   TX Primary Purchase   C B C A C B A A Non QM Non QM Yes
207693559 [REDACTED]         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. The appraisal provided is a revised version based on appraiser comments. The appraisal management company provided verification of delivery dated [REDACTED]             2 B   AZ Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207693559 [REDACTED]         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 $2,706.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-28): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   08/28/2019   2 B   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207693559 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for homeowner's insurance under Prepaids. It is off by a few cents             2 B   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207693559 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207693559 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Verification of HOA dues, if any, not provided.     Reviewer Comment (2019-09-04): HOA Verification provided


Buyer Comment (2019-08-29): Please look again on document as it reads Finance HOA - HOA Fee $285 monthly.


Reviewer Comment (2019-08-29): HOA verification was not received or referenced on documented uploaded[REDACTED]
 09/04/2019     1 A   AZ Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207693562 [REDACTED]         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 is due to omitted debt which resulted in DTI exceeding 55%.     Reviewer Comment (2019-09-06): Rec'd bank statements / cancelled checks to document 3rd party makes payments.  DTI < 55%.
 09/06/2019     1 A   DE Second Home Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
207693562 [REDACTED]         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 58.98710% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI exceeds 55% due to PITIA payment for REO property located at  [REDACTED]  was omitted from DTI. Debt is being paid thru business account and was omitted from DTI however,  guideline requirement of 6 months cancelled checks or automatic draft from business account is not evident in the file in order to omit the debt.     Reviewer Comment (2019-09-06): Rec'd 12 months' bank statements / cancelled checks to document payments made by third party.
 09/06/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment from  [REDACTED]  and  [REDACTED]  is not evident in the file.     Reviewer Comment (2019-09-06): Rec'd 1008 eliminating the income.  Removed from DTI.  VVOE not required.
 09/06/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Third party verification of business verifying 100% ownership of business per the bank statement program is not evident in the file.     Reviewer Comment (2019-10-09): Rec'f third party verification; exception cleared.


Reviewer Comment (2019-10-03): Received unsigned/undated letter without any supporting documentation to show CPA license.


Reviewer Comment (2019-09-23): Document provided does not indicate percentage of ownership of business.
 10/09/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. LTV exceeds maximum 80% for second home but meets exception policy based on compensating factor of reserves exceeds 4 months and residual income is substantially greater than $ [REDACTED] . 22.02 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $6,190.63		 Originator

Originator		 Reviewer Comment (2019-08-23): CRE provided for 85% LTV/CLTV > 85% LTV/CLTV maximum
     08/23/2019 2 B   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. CLTV exceeds maximum 80% for second home but meets exception policy based on compensating factor of reserves exceeds 4 months and residual income is substantially greater than $ [REDACTED] . 22.02 months reserves > 4 months guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $6,190.63		 Originator

Originator		 Reviewer Comment (2019-08-23): CRE provided for 85% LTV/CLTV > 85% LTV/CLTV maximum
     08/23/2019 2 B   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI exceeds 55% due to PITIA payment for REO property located at  [REDACTED]  was omitted from DTI. Debt is being paid thru business account and was omitted from DTI however,  guideline requirement of 6 months cancelled checks or automatic draft from business account is not evident in the file in order to omit the debt.     Reviewer Comment (2019-09-06): Rec'd evidence 3rd party makes payments.
 09/06/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         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 failed ATR due to DTI exceeds 55%.     Reviewer Comment (2019-09-06): Rec'd bank statements / cancelled checks to document 3rd party makes payments.  DTI < 55%.
 09/06/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693562 [REDACTED]         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. Rec'd bank statements / cancelled checks to document 3rd party makes payments.  DTI < 55%.     Reviewer Comment (2019-10-09): Removed on compliance re-run
 10/09/2019     1 A   DE Second Home Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207693563 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-25): CU Score of 1.0


Reviewer Comment (2019-10-16): No CU Score and not eligible per Freddie for R&W relief
 10/25/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207693563 [REDACTED]         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 application date[REDACTED]notice of special flood zone [REDACTED]             2 B   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207693563 [REDACTED]         Credit Insurance Insurance Documentation Missing Document: Flood Insurance Policy not provided   Flood insurance application provided however flood policy binder was not provided.     Reviewer Comment (2019-09-24): master flood policy provided


Reviewer Comment (2019-09-03): Blanket flood policy provided for semi-attached PUD property.   Issue remains EV3 for evidence of Flood Insurance that references sufficient flood coverage for semi-attached PUD subject property, references insured property location as [REDACTED], references policy as paid, references insured Borrower [REDACTED] and indicate Hazard Mortgage Clause Indicating [REDACTED], including successors and assigns
 09/24/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207693563 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   12 month residential pay history verified by cancelled checks or 3rd Party Verification VOR required and not provided. 9.99 months reserves > 4 months guideline minimum - borrowers have verified reserves of $35,577.59

Borrower on this Bank Statement documentation loan has a disposable income of $6,153.12		 Originator

Originator		 Reviewer Comment (2019-09-24): Received Credit Risk Summary & Exception Approval.
     09/24/2019 2 B   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207693565 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock exceeds 350% per program guidelines and required exception approval is not evident in the file. 746 representative FICO score > 660 guideline minimum

Borrower on this Bank Statement documentation loan has a disposable income of $17,197.44

Borrower has job stability for 11.09 years as owner of [REDACTED]

Credit History 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-08-27): CRE provided for payment shocks exceeds 350% maximum allowed
     08/27/2019 2 B   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207693565 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Mortgage statement for [REDACTED] is not evident in the file.     Reviewer Comment (2019-08-27): Loan Overview provided documents $618.41 payment amount
 08/27/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207693565 [REDACTED]         Credit Guideline Guideline Issue Borrower does not have the minimum active tradelines per guidelines.   Tradeline requirements not met, must have 3 trade lines reporting for ≥ 12 month; or 2 trade lines reporting for ≥ 24 months with activity in the past 12 months. Borrower credit report reflects 3  tradelines however, only one has been active for more 24 months and the other 2 less than or equal to 12 months as well as authorized user account cannot be included in tradeline review per guidelines.     Reviewer Comment (2019-09-07): Received supplement highlighting tradelines


Reviewer Comment (2019-09-03): Received a partial section of a credit report.    Please provide the entire report that section provided is from in order to determine if the report and the information reported on the entire report is prior to[REDACTED] supporting that the Borrower met minimum trade line requirements prior to closing.   Post-closing information would not meet requirements at origination.


Buyer Comment (2019-09-03): Please review document from Underwriter Manager


Reviewer Comment (2019-08-27): Reviewed Lender's responses based on calculated months account activity.  Requirement is based on reported months activity.  [REDACTED] reporting for 10 months, Fifth Third reporting for 6 months, [REDACTED] reporting 34 months and [REDACTED] reporting 8 months activity in the last 12 months is less than 3 trade lines reporting for 12+ months with activity in the last 12 months or 2 trade lines reporting for 24+ months with activity in the last 12 months.   Loan approval under the Bank Statement program issued to a Borrower that does not meet the minimum trade line requirements.  Limited trade lines allowed under Full documentation type only under Platinum program.  Issue remains EV3 for a CRE with compensating factors for limited trade line requirements not met under approved Platinum Bank Statement program.


Buyer Comment (2019-08-22): Please waive.


Buyer Comment (2019-08-22): Brwr does have enough active tradelines per the credit report:  
- [REDACTED] 1 year [REDACTED]-[REDACTED]
- [REDACTED] 2 years [REDACTED]-[REDACTED]
- [REDACTED] [REDACTED]-[REDACTED] (active within 1 year)
 09/07/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207693566 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-28): [REDACTED] Final Title Policy provided


Buyer Comment (2019-08-27): uploaded since [REDACTED]
 08/28/2019     1 A   AZ Primary Purchase   C B C B A A C A Non QM Non QM No
207693566 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-28): [REDACTED] Final Title Policy provided
 08/28/2019     1 A   AZ Primary Purchase   C B C B A A C A Non QM Non QM No
207693566 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-08-28): [REDACTED] AVM provided.  Value variance -0.8650%
 08/28/2019     1 A   AZ Primary Purchase   C B C B A A C A Non QM Non QM No
207693566 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Secondary valuation product to support value is required for loan amount exceeding $[REDACTED]     Reviewer Comment (2019-08-28): [REDACTED] AVM provided.  Value variance -0.8650%
 08/28/2019     1 A   AZ Primary Purchase   C B C B A A C A Non QM Non QM No
207693566 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provides only one listing for the appraisal issued on[REDACTED] . 13.88681%  DTI on this Full documentation loan < 55.00% guideline maximum

Borrower on this Full documentation loan has a disposable income of $44,706.24 > $1,500.00 minimum

148.92 months reserves > 4 months guideline minimum		 Originator

Originator

Originator		 Reviewer Comment (2019-08-28): CRE provided for missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provides only one listing for the appraisal issued on[REDACTED] .


Buyer Comment (2019-08-28): uploaded since [REDACTED]
     08/28/2019 2 B   AZ Primary Purchase   C B C B A A C A Non QM Non QM No
207693568 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Primary Purchase   C C A A B B C C Non QM Non QM No
207693568 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. No sellers Closing disclosure retained in file.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C A A B B C C Non QM Non QM Yes
207693569 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA


Reviewer Comment (2019-09-03): Nothing additional rec'd.
 10/23/2019     1 A   SC Investment Purchase   C A C A A A C A N/A N/A No
207693569 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing: Military employment may be verified with the Leave and Earnings Statement (LES) dated within 30 calendar days of closing in lieu of any Verbal VOE.     Reviewer Comment (2019-09-24): Rec'd DOD Stus report in trailing docs; exception cleared.
 09/24/2019     1 A   SC Investment Purchase   C A C A A A C A N/A N/A No
207693569 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - 1084 or UW Income worksheet for borrower's Schedule C self-employment was not provided.     Reviewer Comment (2019-09-24): Lender income calc present on signed Final 1003; exception cleared


Buyer Comment (2019-09-20): Look at page 4 of 1003

Base Pay $8998.50
BAS $254.39
BAH - $2821.85 (Per LOX living on [REDACTED] in [REDACTED]; therefore, did not include housing for income)
COLA $1802



See Rental calculator for rental properties

Schedule C Average

($10,417) / 24 = ($434)
[REDACTED] - ($6,216)
[REDACTED] - ($4,201)


Reviewer Comment (2019-09-03): Nothing additional rec'd; Per guidelines section 20.3.1, a copy of the Underwriter's written analysis of income must be included in the loan file.  Exception remains EV3.


Buyer Comment (2019-08-28): Please see 6.28 Miscellaneous Income Borrower is sched C
 09/24/2019     1 A   SC Investment Purchase   C A C A A A C A N/A N/A No
207693569 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - 10 day third party verification for self-employment was not provided.     Reviewer Comment (2019-09-03): Rec'd third party verification in trailing docs; exception cleared.


Buyer Comment (2019-08-28): Also we have tax returns income in file.


Buyer Comment (2019-08-28): Please see 6.28 Miscellaneous Income in guides
 09/03/2019     1 A   SC Investment Purchase   C A C A A A C A N/A N/A No
207693569 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender -       Reviewer Comment (2019-09-03): Transfer letter in file.
 09/03/2019     1 A   SC Investment Purchase   C A C A A A C A N/A N/A No
207693570 [REDACTED]         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. The [REDACTED] CD was not in the file.  Only the [REDACTED] CD used at closing was included.     Reviewer Comment (2019-08-23): Initial CD provided
 08/23/2019     1 A   FL Primary Refinance - Rate/Term No Defined Cure C A A A C A A A Non QM Non QM No
207693571 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing verification of existence of [REDACTED] within 10 days of closing.     Reviewer Comment (2019-08-29): Rec'd verification dated [REDACTED].


Buyer Comment (2019-08-28): uploaded since [REDACTED]
 08/29/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207693571 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207693572 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-08-29): Rec'd Final Title policy in trailing docs; exception cleared.
 08/29/2019     1 A   WA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207693572 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-29): Rec'd Final Title policy in trailing docs; exception cleared.
 08/29/2019     1 A   WA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207693573 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Consummation date of[REDACTED]oes not match Final CD closing date of[REDACTED].             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B B B B B A A Non QM Non QM Yes
207693573 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
207693574 [REDACTED]         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 $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/21/2019   1 A   NV Primary Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
207693574 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Primary Purchase   C B C B A A C A Non QM Non QM No
207693574 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Credit Risk Summary & Exception Approval, D2. Payment Shock exceeds guideline maximum of 250%. Compensating Factors: 1) DTI 2) Residual Income. Borrower DTI 11/18%. Guidelines are 40/50%.

Borrower has $10,000+ in residual income.		 Originator

Originator		 Reviewer Comment (2019-08-21): CRE D02
     08/21/2019 2 B   NV Primary Purchase   C B C B A A C A Non QM Non QM No
207693574 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - The file is missing a verification of employment within 10 days of closing.     Reviewer Comment (2019-09-04): tpv provided


Buyer Comment (2019-08-29): Please review to clear


Reviewer Comment (2019-08-29): Rec'd verification of CPA license; still missing 3rd party verification of Borrower's business.  Business Entity verifications in file are not dated.
 09/04/2019     1 A   NV Primary Purchase   C B C B A A C A Non QM Non QM No
207693577 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Third party verification of business not provided.     Reviewer Comment (2019-09-18): CPA letter


Reviewer Comment (2019-08-26): Received Colorado Secretary of State for [REDACTED] with only[REDACTED] referenced.  Issue remains EV3 for third party verification dated within 10 days of[REDACTED] closing.


Buyer Comment (2019-08-23): plz note no website so I upld dod and aoc which will show company active and in good standing
 09/18/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   The form does not require the borrower's current address.     Reviewer Comment (2019-08-26): Borrower's Certification of Business Purpose states subject is not and will not be occupied by Borrower.  Loan file documents Borrower resides a primary address location other than subject property
 08/26/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Credit Credit Documentation Borrower does not own current residence and thus casts doubt on business purpose of loan.         Reviewer Comment (2019-08-26): Borrower rents current residence [REDACTED] 4 years.
 08/26/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         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. Verification of AVM delivery and receipt by borrower not provided             2 B   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ 100% ownership not confirmed or verified.     Reviewer Comment (2019-08-26): When using personal bank statements proof of ownership is not required was not required.  Required proof of 2 years [REDACTED] is required and documented via CPA letter in file.


Buyer Comment (2019-08-21): not required on personal bank statement loans
 08/26/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Insufficient reserves verified. Lender Exception not provided.     Reviewer Comment (2019-08-26): $50,503.48 net proceeds from a cash-out transaction may be used to meet reserve requirements
 08/26/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Credit Credit Documentation The appraisal does not contain rental analysis and thus casts doubt on the business purpose of the loan.   Rental analysis not required when rental income not being used for qualifying per guidelines.     Reviewer Comment (2019-08-26): Loan was approved and qualified using the full PITIA payment of the subject rental property. Form #1007 or #216 is not required.
 08/26/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693577 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification of Borrower's 2 years self-employment.  Verification in file (CPA letter and[REDACTED] Secretary of State entity search) provide inconsistent information.   CPA letter states that the Borrower has owned [REDACTED] two (2) years.  [REDACTED] Secretary of State entity search states [REDACTED] formation date is[REDACTED].    Lender to provided satisfactory clarification and satisfactory evidence of required Borrower's 2 years (minimum) self-employment     Reviewer Comment (2019-09-18): Appears to be name changed, documentation by CPA shows more than 2 years
 09/18/2019     1 A   CO Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207693579 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207693579 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Verification of the existence of the business required within ten (10) days of closing is not evident in the file.     Reviewer Comment (2019-08-29): TPV provided
 08/29/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207693580 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 8.19540% or Final Disclosure APR of 8.21900% is in excess of allowable threshold of USTreasury 2.8200% + 3%, or 5.82000%.  Compliant Subprime Loan.               2 B   MN Primary Purchase   C B C A B B A A Non QM Non QM No
207693580 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verbal verification of employment completed within ten (10) days of closing, or at any point, post-closing.     Reviewer Comment (2019-08-26): VVOE provided
 08/26/2019     1 A   MN Primary Purchase   C B C A B B A A Non QM Non QM No
207693582 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title vesting per commitment: [REDACTED]
Title vesting on security instrument:  [REDACTED]		     Reviewer Comment (2019-08-28): Rec'd Final Title policy in trailing docs; exception cleared.
 08/28/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-08-28): Rec'd Final Title policy in trailing docs; exception cleared.
 08/28/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Compliance Compliance State Compliance (State HPML) Minnesota Subprime (APR Exceeds Subprime Threshold) Minnesota Subprime Loan: APR on subject loan of 10.45460% or Final Disclosure APR of 10.49600% is in excess of allowable threshold of USTreasury 2.8200% + 3%, or 5.82000%.  Compliant Subprime Loan.               2 B   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Initial CD dated[REDACTED] was not provided, therefore valid change in circumstance provided for change in rate and loan amount was not able to be captured.     Reviewer Comment (2019-08-27): COC - Loan amount decrease
 08/27/2019     1 A   MN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207693582 [REDACTED]         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 CD dated[REDACTED] was not provided.     Reviewer Comment (2019-08-21): Initial CD provided.
 08/21/2019     1 A   MN Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[REDACTED]  is less than amount of binding Lender Credit previously disclosed in the amount of $[REDACTED]. Initial CD dated[REDACTED] was not provided, therefore valid change in circumstance provided for change in rate and loan amount was not able to be captured.     Reviewer Comment (2019-08-27): COC - Loan amount decrease
 08/27/2019     1 A   MN 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
207693582 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of the 2 required listing comparables were provided on the 1004. 42.987% DTI on this Full documentation loan < 55% guideline max - 12% below program guideline maximum

Borrower on this Full documentation loan has a disposable income of $6,453.78 > $1500.00 guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-09-17): Rec'd CRE - D204 with comp factors: DTI and residual income
     09/17/2019 2 B   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Final CD, dated[REDACTED] was not signed by the co-borrower.     Reviewer Comment (2019-08-21): Fully executed final CD provided.


Buyer Comment (2019-08-21): It is a refi so that's ok. They didn't disburse until [REDACTED]. J
 08/21/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   [REDACTED]1040 transcript for co-borrower was not provided.     Reviewer Comment (2019-09-17): Rec'd [REDACTED] tax transcripts for Co-borrower in trailing docs; exception cleared.
 09/17/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE provided for co-borrower does not identify whether or not the borrower is still employed.  10 day verification of business was not provided.     Reviewer Comment (2019-09-17): Rec'd completed VVOE for Co-borrower in trailing docs; VVOE shows borrower is currently employed.  Exception cleared.
 09/17/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max allowable for 1 x 30 at 619 credit score per matrix. 42.987% DTI on this Full documentation loan < 55% guideline max - 12% below program guideline maximum

Borrower on this Full documentation loan has a disposable income of $6,453.78 > $1500.00 guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-09-17): Rec'd CRE - D204 with comp factors: DTI and residual income
     09/17/2019 2 B   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207693582 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Max allowable for 1 x 30 at 619 credit score per matrix.     Reviewer Comment (2019-09-17): Duplicate exception.
 09/17/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207695549 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-17): Received CDA
 09/17/2019     1 A   NC Primary Purchase   C B C A B B C A Non QM Non QM No
207695549 [REDACTED]         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 was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of originator application date.             2 B   NC Primary Purchase   C B C A B B C A Non QM Non QM No
207695549 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.32110% or Final Disclosure APR of 7.36800% is in excess of allowable threshold of APOR 3.88% + 1.5%, or 5.38000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C A B B C A Non QM Non QM No
207695549 [REDACTED]         Credit Guideline Guideline Issue Up to 3 NSF checks and overdraft protection transfers in the most recent 12-month period are allowed with explanation from the borrower per guideline.  Explanation not found in file.   Missing acknowledgment from Underwriter that the NSF's were reviewed and found acceptable.     Reviewer Comment (2019-08-16): Received LOE


Buyer Comment (2019-08-15): Borr LOE for NSF's
 08/16/2019     1 A   NC Primary Purchase   C B C A B B C A Non QM Non QM No
207695551 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-08-23): Received
 08/23/2019     1 A   GA Investment Purchase   C A C A     C A     No
207695551 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU score of 2.1
 10/20/2019     1 A   GA Investment Purchase   C A C A     C A     No
207695552 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): received CDA


Reviewer Comment (2019-08-27): Unable to clear > 10% variance, will be reconsidered upon receipt of the CDA with acceptable variance.


Buyer Comment (2019-08-20): AVM has a high value of [REDACTED] and appraisal has a value of [REDACTED] which is within 10%.  The AVM was not used for securitization it was merely for credit purposes.  Please re-review and advise.  Thanks
 10/23/2019     1 A   OH Investment Refinance - Cash-out - Other   C B B B     C B     No
207695552 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Housing History requirements not met- Borrower rental history 3 mos and [REDACTED] prior. Mortgage history 0X30 - 60 mos all properties Originator Pre-Close Reviewer Comment (2019-08-16): CRE D001
     08/16/2019 2 B   OH Investment Refinance - Cash-out - Other   C B B B     C B     No
207695552 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   OH Investment Refinance - Cash-out - Other   C B B B     C B     No
207752207 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   NV Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207752207 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207752207 [REDACTED]         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.               2 B   NV Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207752207 [REDACTED]         Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. The file was missing a copy of the executed Affiliated Business Arrangement Disclosure or proof of the borrower's electronic receipt of the disclosure.             2 B   NV Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207752207 [REDACTED]         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 $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure.     Reviewer Comment (2019-08-21): Fee paid to borrower chosen provider.


Buyer Comment (2019-08-20): Borrower chose their own provider.  This is an invalid condition
 08/21/2019     1 A   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 B B C B C A Non QM Non QM Yes
207752207 [REDACTED]         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 $[REDACTED] exceeds tolerance of $[REDACTED].  Insufficient or no cure was provided to the borrower. Fee disclosed was last disclosed as $[REDACTED] on LE but disclosed as $[REDACTED] on Final Closing Disclosure.     Reviewer Comment (2019-08-23): Valid COC provided.


Reviewer Comment (2019-08-21): COC required for loan amount increase
 08/23/2019     1 A   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 B B C B C A Non QM Non QM Yes
207752207 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% and/or 10% tolerance violations in the amount of $340.00 was not provided. Provide a post-close CD disclosing the tolerance cure of $340.00, copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-08-23): Valid COC provided.
 08/23/2019     1 A   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207752209 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CO Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207752209 [REDACTED]         Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.               2 B   CO Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207752209 [REDACTED]         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   CO Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207752209 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. There is no amount listed that exceeds the legal limit.     Reviewer Comment (2019-08-21): Tolerance exceptions are addressed. Exception Cleared.
 08/21/2019     1 A   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207752209 [REDACTED]         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 $Good morning,

Please load the attached tapes to [REDACTED]. Please copy loans from [REDACTED], loans in folders as shown in column AA.

Please load column AC into loan data 1.  This is extremely important.

Thank you,exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.		 No cure to borrower     Reviewer Comment (2019-08-21): [REDACTED] received [REDACTED] COC. Exception Cleared.


Buyer Comment (2019-08-20): Please see revised LE , COC and intent to proceed
 08/21/2019     1 A   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 A A C B C A Non QM Non QM Yes
207756970 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           08/22/2019   1 A   FL Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
207756970 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   690 representative FICO score > 660 guideline minimum - 30 points above guideline minimum

Borrower has employment stability for 3.5 years as Owner of [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-09-03): Rec'd CRE - D196
     09/03/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207756970 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing fully-executed closing statement from the borrower's departure residence netting sufficient funds for closing and reserves.  The closing statement in file is indicated to be a draft copy.     Reviewer Comment (2019-09-03): Rec'd Fully executed Final Closing Statement in trailing docs; exception cleared.
 09/03/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207756976 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-25): Rec'd Final Title.
 09/25/2019     1 A   FL Second Home Purchase   C A C A A A A A Non QM Non QM No
207756976 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-25): Rec'd Final Title.
 09/25/2019     1 A   FL Second Home Purchase   C A C A A A A A Non QM Non QM No
207756976 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Security Instrument reflects  [REDACTED] .  The Warranty Deed dated  [REDACTED]  reflects  [REDACTED]  as joint tenants with full rights of survivorship.     Reviewer Comment (2019-10-03): Received Final Title


Buyer Comment (2019-10-01): Please review the final title policy that was uploaded on [REDACTED].  The vesting reflects all persons on the Warranty Deed.
 10/03/2019     1 A   FL Second Home Purchase   C A C A A A A A Non QM Non QM No
207756976 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   The  [REDACTED]  account # [REDACTED] belongs to non-borrowing spouse and her mother.  Borrower has no access to these funds.  The only verified account for the borrower  [REDACTED] ) has an ending balance of ($ [REDACTED] ).  Earnest money of $2,500 came from non-borrowing spouse's  [REDACTED]  account.  Borrower has no verified assets.     Reviewer Comment (2019-09-25): Rec'd account access letter from non-borrowing spouse and other account holder.
 09/25/2019     1 A   FL Second Home Purchase   C A C A A A A A Non QM Non QM No
207756976 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   The [REDACTED] # [REDACTED]  belongs to non-borrowing spouse and  [REDACTED] .  Borrower has no access to these funds.  The only verified account for the borrower ( [REDACTED] ) has an ending balance of ($ [REDACTED] ).  Earnest money of $2,500 came from non-borrowing spouse's [REDACTED]  account.  Borrower has no verified assets.     Reviewer Comment (2019-09-25): Rec'd account access letter from non-borrowing spouse and other account holder.
 09/25/2019     1 A   FL Second Home Purchase   C A C A A A A A Non QM Non QM No
207756979 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Title - Policy Guarantee Fee of $2.00 was not provided.     Reviewer Comment (2019-09-18): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   09/18/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207756979 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Policy Guarantee Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-18): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.


Buyer Comment (2019-09-17): Note: I'm not understanding page 1 of the PCCD is on page 173 of your file. Thanks


Reviewer Comment (2019-09-17): Missing page 1 of the Post Close CD.  Please provide all pages of the Post Close CD.  Cure check, proof of delivery and LOE to borrower was provided.
   09/18/2019   2 B   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 A C B C A Non QM Non QM Yes
207756979 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207756979 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Proof of receipt of funds from sale of  [REDACTED] is not evident. Seller's closing disclosure is not executed and receipt of those funds is missing from the file.     Reviewer Comment (2019-08-30): Rec'd signed FInal CD; exception cleared.
 08/30/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207756979 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Full 12 months housing history not evident per  [REDACTED]  pay history, only 11 months is evident.     Reviewer Comment (2019-08-30): Pay history reflects full 12 month pay history from [REDACTED] - [REDACTED].


Buyer Comment (2019-08-27): Per 1003 its stats Bwr has been owning Dep Residence 3 yrs?
 08/30/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207756979 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Reserve requirement of 4 months not met due to missing verification of receipt of funds from sale of departing residence as required by guidelines.     Reviewer Comment (2019-08-30): Rec'd signed Final CD in trailing docs; exception cleared.
 08/30/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207756979 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.     Reviewer Comment (2019-09-18): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   09/18/2019   2 B   TX Primary Purchase   C B C A C B C A Non QM Non QM Yes
207756982 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207756982 [REDACTED]         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. No cure was provided to the borrower for Document Preparation Fee. Fee Amount of $200.00 exceeds tolerance of $0.00. .     Reviewer Comment (2019-09-09): [REDACTED] reviewed exception. Upon further review exception may be cleared.


Buyer Comment (2019-09-08): Tx Doc Prep fee was disclosed on the Initial LE in the amount of $325.00 and time of closing the fee dropped to $200.00. Invalid condition please clear.
 09/09/2019     1 A   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 A A Non QM Non QM Yes
207756982 [REDACTED]         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 $59.80 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure was provided to the borrower for Title - Tax Certificate Fee. Fee Amount of $59.80 exceeds tolerance of $0.00.     Reviewer Comment (2019-09-09): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/09/2019     1 A   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 A A Non QM Non QM Yes
207756982 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure was provided to the borrower for Title - Policy Guarantee Fee. Fee Amount of $2.00 exceeds tolerance of $0.00.     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   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 A A Non QM Non QM Yes
207756982 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and six closed sales for the appraisal done by  [REDACTED]  and  issued on[REDACTED]. 26.74 months reserves > 4 months guideline minimum - borrowers have verified reserves of $387,973.28

Borrower on this Full documentation loan has a disposable income of $24,872.98

Borrower has job stability for 8.85 years as [REDACTED]/Co-Founder of [REDACTED].		 Originator

Originator

Originator		 Reviewer Comment (2019-09-18): Rec'd CRE - D236
     09/18/2019 2 B   TX Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207756982 [REDACTED]         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. Verification of appraisal delivery and receipt by borrower for all appraisals and updates not provided.             2 B   TX Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
207756982 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   TX Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM Yes
207756985 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   MD Primary Purchase   C A A A A A C A Non QM Non QM No
207756986 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207756986 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ The  [REDACTED]  business bank statement was not from the same account ( [REDACTED] ) as the other months ( [REDACTED] .) 8% DTI  < 55% guideline max

789 representative FICO score >660 guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-22): Rec'd exception for 11 months bank statements vs. 12.


Reviewer Comment (2019-10-13): Received bank statement worksheet without [REDACTED], please provide exception approval showing loan was underwritten using 11 months of statements instead of 12 months as required per guidelines
     10/22/2019 2 B   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207756989 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Purchase   C B C B B B C A N/A N/A No
207756989 [REDACTED]         Compliance Compliance State Compliance California Prepayment Penalty California Prepayment Penalty: Loan may contain an impermissible prepayment penalty, depending on the lender's license type; however Note or Prepay Addendum provides specific language that prepay will not exceed maximum permitted by applicable law.               2 B   CA Investment Purchase   C B C B B B C A N/A N/A No
207756989 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   [REDACTED] transcripts were not provided for  [REDACTED] .  Lender exception was provided and compensating factors added to Clarity. 763 representative FICO score > 660 guideline minimum

44.55% LTV < 90.00%  guideline max		 Originator

Originator		 Reviewer Comment (2019-08-28): CRE D298
     08/28/2019 2 B   CA Investment Purchase   C B C B B B C A N/A N/A No
207756989 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - [REDACTED] : Award letter ( [REDACTED] ) evidences duration of payments are until funds are depleted.  Balance of account supporting a 3 year continuance was not provided.     Reviewer Comment (2019-10-01): Retirement Plan asset statement provided; assets sufficient to support over 6 years continuation of income.


Buyer Comment (2019-09-27): Statement uploaded shows Bwr has enough Funds in Retirement to last 3 yrs and acct Numbers match the [REDACTED] Income from [REDACTED]
 10/01/2019     1 A   CA Investment Purchase   C B C B B B C A N/A N/A No
207756989 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of 2 required listing comparables provided on the appraisal. 763 representative FICO score > 660 guideline minimum

44.55% LTV < 90.00%  guideline max

12.57 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $10,852.61		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-09-03): CRE provided foro nly 1 of 2 required listing comparables provided on the appraisal.
     09/03/2019 2 B   CA Investment Purchase   C B C B B B C A N/A N/A No
207756993 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   UT Investment Purchase   C A A A A A C A N/A N/A No
207756995 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207756995 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207756995 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-09-06): Received signed doc
 09/06/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B B B C B C A Non QM Non QM Yes
207756995 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement not meet but meet compensating factors,  credit history and stable employment history Borrower has employment stability for 20 years in the [REDACTED] AMC Reviewer Comment (2019-08-28): CRE D166
     08/28/2019 2 B   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM No
207756995 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Properly Executed by all persons vested on title) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed. Not executed by lender     Reviewer Comment (2019-09-06): Received signed doc
 09/06/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B B B C B C A Non QM Non QM Yes
207756995 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure to borrower     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 09/17/2019     1 A   TX 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 B B C B C A Non QM Non QM Yes
207756995 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Total cure $2 from Guaranty fee     Reviewer Comment (2019-09-17): Tolerance exceptions are addressed. Exception Cleared.
 09/17/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207756995 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. AMC received PCCD indicating cure, LOE, and Refund Check. Exception Cured.     Reviewer Comment (2019-09-17): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   09/17/2019   2 B   TX Primary Refinance - Cash-out - Other   C B B B C B C A Non QM Non QM Yes
207756996 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207756996 [REDACTED]         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 missing.             2 B   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207756996 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-Consent dated  [REDACTED] .     Reviewer Comment (2019-09-17): [REDACTED] received evidence and attestation for the initial LE sent both by email and [REDACTED] within the 3 business days from app date.
 09/17/2019     1 A   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207757000 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207757000 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ 14 NSFs/Overdrafts in the most recent 12 months. Missing acknowledgement that underwriter reviewed.     Reviewer Comment (2019-08-29): Rec'd 1008 with acknowledgment of NSF activity in trailing docs; exception cleared.
 08/29/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207757000 [REDACTED]         Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. - ASC.gov search results evidences expiration of his appraisal license on[REDACTED] and currently inactive.     Reviewer Comment (2019-09-06): Verified with [REDACTED]and state of FL appraiser is licensed and active and was at time of appraisal


Buyer Comment (2019-08-30): As far as the license; we don't look at the license and we don't require it.  All appraisals are ordered through [REDACTED] and they are responsible for making sure the license is current.  That wouldn't be a "hit" for us.


Reviewer Comment (2019-08-29): Rec'd copy of license with expiration on [REDACTED].  Per [REDACTED] the license is Current, Inactive which means,  the licensee has met the department's requirements for licensure but is not allowed to work under this license.   Exception remains EV3
 09/06/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207757000 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Credit and fraud report were ordered with the wrong social security number.  Ordered as [REDACTED]  per initial 1003, correct social is  [REDACTED]  and was updated as such on the final 1003.  Borrower's social and identity were not validated on the fraud report.  Unable to determine if borrower data is complete and accurate.     Reviewer Comment (2019-09-06): credit report does show correct SS#s next to score data, W9 is correct as well.


Buyer Comment (2019-08-30): The applicant info on the credit report shows how we ordered it, however; the three FICO scores show that the report corrected itself.

If the report couldn't find his correct SSN , we would have gotten a fraud alert on the credit report.

This loan is fine and while we had 1 digit incorrect when pulled, we still received his correct report.


Reviewer Comment (2019-08-29): Gap report provided does not reflect the full SSN to verify it was pulled using the correct SSN; please provide CBR with correct SSN used and proof of SSN as required by Fraud report.


Buyer Comment (2019-08-27): gap was pulled with no changes
 09/06/2019     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
207757000 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure or valid change of circumstance was provided for the title/abstract fees paid on the final CD.  Fees were not paid to the same provider as other fees disclosed on the initial LE.     Reviewer Comment (2019-08-29): Attestation received fee further outsourced by borrower chosen provider
 08/29/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207757000 [REDACTED]         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 $155.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure or valid change of circumstance was provided for the title/abstract fees paid on the final CD.  Fees were not paid to the same provider as other fees disclosed on the initial LE.     Reviewer Comment (2019-08-29): Attestation received fee further outsourced by borrower chosen provider
 08/29/2019     1 A   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 C A Non QM Non QM Yes
207757003 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD, Section F, Line 4, does not disclose the number of months that property taxes were prepaid.             2 B   PA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207757003 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Tax Prepaid Other 1 Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Tax Prepaid - Other under Prepaids. Final CD, Section F, Line 5, does not disclose the number of months that school taxes were prepaid.             2 B   PA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207757003 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-07): Received final title
 09/07/2019     1 A   PA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207757003 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-07): Received final title
 09/07/2019     1 A   PA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207757003 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   PA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207757003 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Loan amount increased prior to closing. Title policy not provided to confirm coverage increased to new loan amount.     Reviewer Comment (2019-09-07): Received final title
 09/07/2019     1 A   PA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207757005 [REDACTED]         Compliance Compliance State Compliance Maine HPML Threshold 2013 Test Compliant Maine Higher-Priced Mortgage Loan: APR on subject loan of 9.94300% or Final Disclosure APR of 10.03100% is in excess of allowable threshold of APOR 3.77% + 1.5%, or 5.27000%, or subject loan is a high-cost mortgage loan, contains negative amortization, or has an interest-only feature.  Compliant Higher Priced Loan.               2 B   ME Primary Purchase   C B A A C B A A Non QM Non QM No
207757005 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Cure for  Title - Settlement / Closing / Escrow Fee of $675.00 was not provided.     Reviewer Comment (2019-08-29): Fee paid to borrower chosen provider
 08/29/2019     1 A   ME Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207757005 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $675.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Settlement / Closing / Escrow Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-08-29): Fee paid to borrower chosen provider
 08/29/2019     1 A   ME 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
207757009 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   FL Primary Purchase   C B B B C B A A Non QM Non QM No
207757009 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Amount for Recording Fees TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed the total amount for all recording fees on a line other than the first line.               2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207757009 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Homeowner's Insurance on Final CD does not match per month calculation.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207757009 [REDACTED]         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. Closing Disclosure not provided as required.     Reviewer Comment (2019-08-29): [REDACTED] received disclosure tracking indicating the [REDACTED] CD was received the same day. Exception Cleared.
 08/29/2019     1 A   FL Primary Purchase No Defined Cure C B B B C B A A Non QM Non QM No
207757010 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207757010 [REDACTED]         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 $625.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/23/2019   1 A   GA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207757010 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Evidence of the sale or redemption of the assets was not provided for sufficient cash to close.  Required $ [REDACTED] Final Consumer CD, provided $ [REDACTED]  account ending  [REDACTED] .  Account ending  [REDACTED]  cash balance $ [REDACTED] .  Short $ [REDACTED] .     Reviewer Comment (2019-09-18): Money Market


Reviewer Comment (2019-09-13): [REDACTED] reflects cash balance of $5703.81 and stock, Options & ETFs balance as $40,904.37; proof of liquidation of funds from Stocks, Options & ETFs is required.


Buyer Comment (2019-09-11): It is a money market account. It is liquid assets you do not need evidence of liquidation since it is already liquid assets


Reviewer Comment (2019-09-11): Missing evidence of liquidation per section 3.1 of guidelines: 401-K accounts only require a 30-day statement. Standard guides for liquidation etc. apply.  and  Section 3.18: 3.18 Stocks, Bonds, Mutual Funds & Retirement Funds Documentation Requirements:
If funds from one of the accounts listed above are being used for down payment and/or closing costs, obtain evidence of the sale or redemption of the asset


Buyer Comment (2019-09-09): Borrower has liquid assists in retirement statement.


Reviewer Comment (2019-08-30): $27,597.12 in verified qualifying assets is $27,310.75 < $54,907.87 required to be verified.   [REDACTED], [REDACTED] and [REDACTED] usable assets excluded from closing.    Missing evidence borrower's actual receipt of the funds realized from the sale or liquidation of amount funds used to complete the transaction for any part of the down payment or required cash to close.


Buyer Comment (2019-08-27): borrower has 401k, retirement act, and stocks borrower had more than enough to close also guidelines permit.
 09/18/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207757010 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   $ [REDACTED]  in verified qualifying assets is $ [REDACTED]  < $ [REDACTED]  required to be verified.    [REDACTED] ,  [REDACTED]  and  [REDACTED]  usable assets excluded from closing.    Missing evidence borrower's actual receipt of the funds realized from the sale or liquidation of amount funds used to complete the transaction for any part of the down payment or required cash to close.     Reviewer Comment (2019-09-18): Money Market


Reviewer Comment (2019-09-11): Missing evidence of liquidation per section 3.1 of guidelines, 401-K accounts only require a 30-day statement. Standard guides for liquidation etc. apply.  Section 3.18: 3.18 Stocks, Bonds, Mutual Funds & Retirement Funds  Documentation Requirements
If funds from one of the accounts listed above are being used for down payment and/or closing costs, obtain evidence of the sale or redemption of the asset
 09/18/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207757012 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.)               2 B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A A C B A A Non QM Non QM No
207757012 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207757012 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Policy Guarantee Fee Amount of $2.00 exceeds tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   TX 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
207757012 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent And Other).  Fee Amount of $450.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Attorney's Fee Amount of $2.00 exceeds tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-08-30): Fee name changed from initial CD to final CD removing the Attorney Review fee completely.


Buyer Comment (2019-08-30): The Closing agent fee went back down to $450.00 on the final CD. This does not require a refund to the borrower.
 08/30/2019     1 A   TX 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
207757012 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-09-17): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   09/17/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM Yes
207757013 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. LE sent electronically[REDACTED] prior to E-Sign Consent acknowledged on[REDACTED].     Reviewer Comment (2019-08-28): Document 191 received LE was alos sent via [REDACTED]
 08/28/2019     1 A   NJ Primary Purchase   C A A A C A A A Non QM Non QM No
207757020 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. Lender disclosed $ [REDACTED]  in association dues as a non-escrowed property cost. Sales contract, title and appraisal do not indicate the property is located in a subdivision requiring homeowner association membership.     Reviewer Comment (2019-08-28): Letter of Explanation & Corrected Closing Disclosure provided
   08/28/2019   2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207757020 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-08-28): E-consent provided


Buyer Comment (2019-08-27): LE'S are frequently sent on one day and not esigned until the next day. Tolerance violations occur only when the fees were not disclosed in the first place or were under-disclosed which is not the case. The Lender's obligations is to prove the disclosure is SENT within three days of RESPA application date of Change Of Circumstances which is the case. We do not have a tolerance violation.
 08/28/2019     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
207757020 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. Not in file.     Reviewer Comment (2019-08-28): E-consent provided
 08/28/2019     1 A   GA Primary Purchase No Defined Cure C B C B C B C A Non QM Non QM No
207757020 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-08-28): Borrower shopped for title fees
 08/28/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207757020 [REDACTED]         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 $5.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-08-28): Borrower shopped for title fees
 08/28/2019     1 A   GA 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
207757020 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C B C B C B C A Non QM Non QM No
207757020 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing for the appraisal issued on[REDACTED]. 26.16168% DTI on this Alternative - Bank Statement documentation loan < 55% guideline max - 28.8% below program guideline maximum

70.21 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-08-30): Rec'd CRE in trailing docs - D187
     08/30/2019 2 B   GA Primary Purchase   C B C B C B C A Non QM Non QM No
207757021 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. LE sent electronically [REDACTED]rior to E-Sign Consent acknowledged  [REDACTED] .     Reviewer Comment (2019-09-20): Document 203 confirms Initial LE also sent [REDACTED] - E-delivery N/A
 09/20/2019     1 A   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. Loan closing date [REDACTED]nd the most recent business tax return provided was  [REDACTED] ; this is a recency exception, it merely states we do not have the most recent returns as of the date of origination of the loan.             2 B   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Untitled fee reflected on Final CD Section C in the amount of $25 and exceeds zero tolerance.  No cure was provided to borrower.     Reviewer Comment (2019-09-20): Letter of Explanation, Proof of Delivery, and Corrected CD provided.  PC-CD names the Title - Endorsement fee.  Cure not required as borrower shopped for title service.
   09/20/2019   2 B   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207757021 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for not disclosed.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Untitled fee reflected on Final CD Section C in the amount of $25 and exceeds zero tolerance.  No cure was provided to borrower.     Reviewer Comment (2019-09-20): Letter of Explanation, Proof of Delivery, and Corrected CD provided.  PC-CD names the Title - Endorsement fee.  Cure not required as borrower shopped for title service.


Buyer Comment (2019-09-19): Because the borrower chose this provider, it is in Section C, and there is no tolerance cure.  The fee was disclosed, but not labeled.  No cure needed.
   09/20/2019   2 B   CT 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
207757021 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. LE sent electronically [REDACTED]rior to E-Sign Consent acknowledged 7/2/19.     Reviewer Comment (2019-09-20): Document 203 confirms Initial LE also sent [REDACTED] - E-delivery N/A
 09/20/2019     1 A   CT Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - YTD paystub or pay ledger confirming YTD income of $ [REDACTED]  as reflected on P&L not provided confirming wages to borrower. P&L income is lower than 2 year average and was used in qualifying.     Reviewer Comment (2019-09-27): Not required; Loan qualified on [REDACTED] lower than [REDACTED] average.  P&L shows income is increasing year over year.
 09/27/2019     1 A   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Final 1003 reflects property [REDACTED]  with monthly taxes and insurance in the amount of $ [REDACTED] however there was no supporting documentation provided regarding this property.     Reviewer Comment (2019-09-27): Rec'd verification of tax amount matching 1003 from RedFin.  New exception added for HOI nd proof free & clear.
 09/27/2019     1 A   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757021 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing HOI verification and Proof property is owned free & clear.     Reviewer Comment (2019-10-04): Rec'd [REDACTED], property is owned free & clear, hazard insurance not required.
 10/04/2019     1 A   CT Primary Purchase   C B C A C B C A Non QM Non QM No
207757023 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207757023 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207757023 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing evidence the Title Co. actually received wire gift funds, final CD does not reflect a credit for gift funds, therefore it is unknown as to whether or not the borrower actually received gift funds.     Reviewer Comment (2019-09-03): $6,800.00 wire confirmation provided documents money wired directly to settlement agent
 09/03/2019     1 A   FL Primary Purchase   C B C A B B A A Non QM Non QM No
207757025 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C A A A C A C A Non QM Non QM No
207757025 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller fees not included on borrower CD or a separate seller CD.     Reviewer Comment (2019-08-29): Seller CD provided
 08/29/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207757025 [REDACTED]         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. Buyers CD does not contain seller fees from Seller CD     Reviewer Comment (2019-08-29): cleared - another exception was added
 08/29/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207757026 [REDACTED]         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 $525.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/22/2019   1 A   CA Primary Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207757026 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CA Primary Purchase   C A A A A A C A Non QM Non QM No
207757028 [REDACTED]         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 $1,416.85 exceeds tolerance of $1,390.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/22/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207757030 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   OH Primary Purchase   C C A A A A C C Non QM Non QM No
207757034 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207757035 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard Effective date of [REDACTED] after Transaction Date of [REDACTED]. 40.40492% DTI on this 12 Mo Bank statement documentation loan < 55% guideline max - 14% below program guideline maximum

Borrower on this 12 Mo Bank statement documentation loan has a disposable income of $7,151.41		 Originator

Originator		 Reviewer Comment (2019-09-08): Rec'd Lender attestation of no claims placed on property and CRE - D182


Reviewer Comment (2019-09-05): For client to upload


Reviewer Comment (2019-08-28): Rec'd Lender Certification of no claims placed on property; CRE with comp factors not provided.
     09/08/2019 2 B   CO Primary Purchase   C B C B A A C A Non QM Non QM No
207757035 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CO Primary Purchase   C B C B A A C A Non QM Non QM No
207757035 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   CO Primary Purchase   C B C B A A C A Non QM Non QM No
207757037 [REDACTED]         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 $700.00 exceeds tolerance of $475.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/26/2019   1 A   AZ Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
207757037 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Amount paid was not month specific.             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207757037 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Primary Purchase   C B A A B B C A Non QM Non QM No
207757044 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207757044 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided.  File contains VOR [REDACTED] - [REDACTED] a 7 month history.  Guidelines require no more than 1 x 30 day late in the last 12 months.  Housing history is insufficient for the required verification. 33.0942% DTI on this Alternative-12 Mo Business Bank Statement documentation loan < 55% guideline max - 21% below program guideline maximum

22.82 months reserves > 4 months guideline minimum

Borrower on this Alternative - 12 Mo Business Bank Statement documentation loan has a disposable income of $10,035.87		 Originator

Originator

Originator		 Reviewer Comment (2019-08-30): Rec'd CRE - D167 in trailing docs.
     08/30/2019 2 B   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207757045 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   26.25% DTI on this Alt documentation loan < 55% guideline max

Residual income @  $20,557 on alt doc loan		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-05): Rec'd CRE in trailing docs - D252
     09/05/2019 2 B   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757045 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing the seller CD             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C B Non QM Non QM Yes
207757045 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement not met 26.25% DTI on this Alt documentation loan < 55% guideline max

Residual income @  $20,557 on alt doc loan		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-05): Rec'd CRE in trailing docs - D252
     09/05/2019 2 B   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757045 [REDACTED]         Credit Credit Credit Documentation No Housing History or Less Than 12 Months Verified. 6 Months reserves required per guidelines. Review data and set applicable exception.   Housing requirement not met but meet compensating factors of DTI and Residual income 26.25% DTI on this Alt documentation loan < 55% guideline max

Residual income @  $20,557 on alt doc loan		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-28): CRE D006
     08/28/2019 2 B   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757045 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757045 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   26.25% DTI on this Alt documentation loan < 55% guideline max

Residual income @  $20,557 on alt doc loan		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-05): Rec'd CRE in trailing docs - D252
     09/05/2019 2 B   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757045 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Primary Purchase   C B C B B B C B Non QM Non QM No
207757046 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: HOA Questionnaire not provided   Subject is an attached PUD, an E Type PUD, HOA cert is required. DTI - DTI of 37.54% ratio on this twelve month business bank statement documentation loan is less than the 55% guideline maximum

Stable Employment History - Borrower has job stability as the owner of his business doing sales for the last 14 years.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-24): Program exception granted supported by listed compensating factors.
     08/24/2019 2 B   AZ Primary Purchase   C B C B C B A A Non QM Non QM No
207757046 [REDACTED]         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 $1,133.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-08-29): Letter of Explanation & Corrected Closing Disclosure provided
   08/29/2019   2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207757046 [REDACTED]         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 $950.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/23/2019   1 A   AZ Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
207757046 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. No Sellers CD retained in file.             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207757046 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing two current listings or pending sales on grid form with photos required to support appraiser's opinion of value. Appraiser provided only four closed sales for the appraisal done by [REDACTED] and issued on[REDACTED].  [REDACTED] DTI - DTI of 37.54% ratio on this twelve month business bank statement documentation loan is less than the 55% guideline maximum

Stable Employment History - Borrower has job stability as the owner of his business doing sales for the last 14 years.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-23): Received Credit Risk Summary & Exception Approval.
     09/23/2019 2 B   AZ Primary Purchase   C B C B C B A A Non QM Non QM No
207757046 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Credit Risk Summary & Exception Approval / Loan Exception History in file. UW Exceptions issued for: Borrower's use of 67% of his business funds for funds to close exceeds the program 50% maximum.  Compensating Factors cited: 1) DTI and 2) Stable Employment History. DTI - DTI of 37.54% ratio on this twelve month business bank statement documentation loan is less than the 55% guideline maximum

Stable Employment History - Borrower has job stability as the owner of his business doing sales for the last 14 years.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-24): Program exception granted supported by listed compensating factors.
     08/24/2019 2 B   AZ Primary Purchase   C B C B C B A A Non QM Non QM No
207757048 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Twelve (12) month housing history is not evident in the file. Final 1003 reflects rental payment of $ [REDACTED]  however, payment is not evident on the bank statements and unable to verify 12 month history. 36.89847% DTI on this Alternative - 12 Mo Personal Bank Statement documentation loan < 55% guideline max - 18% below program guideline maximum

12.69 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-08-30): Rec'd CRE in trailing docs; D179
     08/30/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ UW exception provided with compensating factors. 5.22% DTI on this Business Bank Statement documentation loan < 55% guideline max - 49.78% below program guideline maximum

Residual Income $620,069.22  monthly > $1,500.00 required monthly		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-27): Lender Exception D0310
     08/27/2019 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing documentation to verify Borrower has at least 50% ownership in  [REDACTED]     Reviewer Comment (2019-09-06): All business entity documents only reflect Borrower, ok to clear.
 09/06/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___
___
___
___
___
___
___		 HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-10): No HOA fees


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-11): Rec'd verification of no HOA.


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/11/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-10): No HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-11): Rec'd verification of  HOA.


Reviewer Comment (2019-09-06): HOA verification provided is a partial copy.  Missing right side of page does not allow viewing of $$ HOA amount.   ssue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/11/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided. 1 [REDACTED]     Reviewer Comment (2019-09-11): Rec'd verification of no HOA.


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/11/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-10): No HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided. [REDACTED]     Reviewer Comment (2019-09-10): No HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED]     Reviewer Comment (2019-09-10): No HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided. [REDACTED]     Reviewer Comment (2019-09-10): No HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757050 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verficiation was not provided.  [REDACTED] .     Reviewer Comment (2019-09-10): NO HOA


Reviewer Comment (2019-09-06): HOA verification provide is a estimated mortgage payment calculator referencing manually imputed dollar amounts and are not evidence of whether HOA dues are associated with property.   Issue remains EV3 for satisfactory evidence of annual or monthly HOA dues or Borrower's attestation that property does hot required annual or monthly HOA dues.
 09/10/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207757055 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan.   Appraisal indicate the subject property as Owner Occupied, in addition identification reflects subject property and  [REDACTED]  1040's reflect a P.O. Box. Pay stubs and W-2s do reflect  [REDACTED]  address.     Reviewer Comment (2019-09-13): Rec'd corrected appraisal report reflecting Tenant occupied and Occupancy Certificate; exception cleared.


Reviewer Comment (2019-08-29): Additionally, the Also Known as Affidavit that was notarized and signed by the Borrower on [REDACTED] states that he resides at [REDACTED].
 09/13/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757055 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility The ID documentation (license, passport, Visa) does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   Borrower's identification provided reflects the subject property as his current mailing address.     Reviewer Comment (2019-10-07): Received amended 1004 showing tenant occupied, Issue date of Drivers License [REDACTED]borrower paystub dated[REDACTED] address of [REDACTED]


Buyer Comment (2019-09-30): plz not a revised appraisal was upld showing tenant not owner occupied. please advise if anything else is needed.

tks


Reviewer Comment (2019-09-20): Need LOX from borrower, appraisal says O/O and Mortgage statement in file shows home where borrower claims to own and be living is under another name


Reviewer Comment (2019-08-29): Property listed as Primary is not owned by the Borrower and Appraisal also indicates subject property is owner occupied.  Additionally, the Also Known as Affidavit that was notarized and signed by the Borrower on [REDACTED] states that he resides at [REDACTED]; exception remains.
 10/07/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757055 [REDACTED]         Credit Credit Credit Documentation A summary review of all the documentation in the loan file casts doubt on the business purpose of the loan.   Appraisal indicate the subject property as Owner Occupied, in addition identification reflects subject property and  [REDACTED]  1040's reflect a P.O. Box.     Reviewer Comment (2019-09-13): Rec'd corrected appraisal reporting showing property as Tenant occupied and Occupancy Certificate; exception cleared.


Reviewer Comment (2019-08-29): Additionally, the Also Known as Affidavit that was notarized and signed by the Borrower on [REDACTED] states that he resides at [REDACTED].
 09/13/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757055 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage amount is insufficient. The insured amount is less than 80% of the insurable value of the improvements.     Reviewer Comment (2019-08-29): Rec'd RCE in trailing docs; exception cleared.
 08/29/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757055 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. - Borrower is an Authorized User on  [REDACTED]  account and is the only individual on the subject transaction, therefore excluded from DTI calculation.             2 B   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757055 [REDACTED]         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 Investment) URAR indicates subject property is O/O, identification reflects the subject property and most recent 1040's reflect a P.O. Box.  It is noted that the loan file does not contain an explanation for these discrepancies.     Reviewer Comment (2019-10-07): Received amended 1004 showing tenant occupied, Issue date of Drivers License [REDACTED]borrower paystub dated[REDACTED] address of [REDACTED]


Reviewer Comment (2019-09-20): The issue is that the appraiser also stated that the subject was owner occupied - this is a refinance and he has stated his has lived at [REDACTED]for 15 years, but the mortgage statement in the file for [REDACTED]shows the bill sent to [REDACTED]. - Not our borrower


Reviewer Comment (2019-09-13): Borrower's identification reflects address as subject property and no LOE provided.


Reviewer Comment (2019-08-29): Property listed as Primary is not owned by the Borrower and Appraisal also indicates subject property is owner occupied. Additionally, the Also Known as Affidavit that was notarized and signed by the Borrower on [REDACTED] states that he resides at [REDACTED]; exception remains.


Buyer Comment (2019-08-27): plz note 1003 and paystubs all reflect different address. We have no control over the address the borrower uses for his taxes
 10/07/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B C A A A N/A N/A No
207757057 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   MI Primary Purchase   C C C A A A C C Non QM Non QM No
207757057 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ REO  [REDACTED] , HOA verification was not provided.     Reviewer Comment (2019-10-01): Rec'd Lender attestation of No HOA fees and [REDACTED] listing reflects $ monthly HOA fees; exception cleared.


Reviewer Comment (2019-09-20): Rec'd duplicate copy of illegible property profile report; missing borrower attestation of no HOA.


Reviewer Comment (2019-09-03): Document rec'd is not legible.


Buyer Comment (2019-08-29): Per [REDACTED] - No HOA


Buyer Comment (2019-08-28): No HOA
 10/01/2019     1 A   MI Primary Purchase   C C C A A A C C Non QM Non QM No
207757057 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Primary Purchase   C C C A A A C C Non QM Non QM No
207757061 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score 2.3


Reviewer Comment (2019-10-18): Rec'd UCDP not for this property.
 10/24/2019     1 A   WA Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207757061 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. [REDACTED]  was not located in the national appraiser register. Her state registration includes the designation of trainee, the license number, issue date and expiration date.             2 B   WA Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207757061 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Neither box for Liability After Foreclosure was checked on the final CD.     Reviewer Comment (2019-08-28): Letter of Explanation & Corrected Closing Disclosure provided
   08/28/2019   2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207757061 [REDACTED]         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 [REDACTED] 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. The total of the mortgage payoff and the HELOC payoff was not correct in the Summaries of Transactions.  The correct addition is $ [REDACTED]  and $ [REDACTED]  is shown in Section K.             2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207757065 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207757065 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207757065 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for the inquiry by [REDACTED] on[REDACTED] was not provided.     Reviewer Comment (2019-09-03): Inquiry is submitting Broker's credit report dated[REDACTED] (D0202)
 09/03/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207757065 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Mortgagee clause and subject property address was not provided on the policy.             2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207757065 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Evidence of 100% ownership of business was not provided.     Reviewer Comment (2019-09-03): All business entity documents only reflect Borrower, ok to clear.


Buyer Comment (2019-08-28): plz note only listed agent and we are ok with that
 09/03/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207757201 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Fraud Report not provided         Reviewer Comment (2019-09-18): Received
 09/18/2019     1 A   CA Investment Refinance - Rate/Term   C B C B     C A     No
207757201 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   CA Investment Refinance - Rate/Term   C B C B     C A     No
207757201 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 827 < 1200 required 757 representative FICO score

55.38462% LTV < 70% guideline max		 Originator

Originator		 Reviewer Comment (2019-09-18): Received Credit Risk Summary & Exception Approval.
     09/18/2019 2 B   CA Investment Refinance - Rate/Term   C B C B     C A     No
207758012 [REDACTED]         Property Property - Appraisal Appraisal Data Integrity Appraiser's license or certification was not active at the time of the appraisal. - Appraiser license was not active at time of the appraisal. License provided shows expired on  [REDACTED] .     Reviewer Comment (2019-08-26): A copy of current licensing provided (D0147) for appraiser, [REDACTED] expiring[REDACTED].  [REDACTED] and verified he is active and expiration date is [REDACTED].  Manually updated Appraiser Certification section of Clarity Valuation screen with licensing expiration date.


Buyer Comment (2019-08-23): Property is located in [REDACTED],  Appraisers License is active in [REDACTED]


Buyer Comment (2019-08-21): Please see  certification attached
 08/26/2019     1 A   GA Investment Purchase   C C A A A A C C N/A N/A No
207758012 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   GA Investment Purchase   C C A A A A C C N/A N/A No
207758013 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   VA Primary Refinance - Cash-out - Home Improvement   C B A A C B C A Non QM Non QM No
207758013 [REDACTED]         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. Valid. Lender inconsistently used alternate table throughout LE and CD             2 B   VA Primary Refinance - Cash-out - Home Improvement Good Faith Redisclosure C B A A C B C A Non QM Non QM Yes
207758013 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Appraisal indicated $ [REDACTED]  when CD incorrectly indicated $ [REDACTED] . No updated value in place.             2 B   VA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207758013 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Provided cure to CD $69.80 with remaining of $85.20 not provided to borrower     Reviewer Comment (2019-08-22): Tolerance exceptions are addressed. Exception Cleared.
 08/22/2019     1 A   VA Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207758013 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Provided cure to CD $69.80 with remaining of $85.20 not provided to borrower     Reviewer Comment (2019-08-22): [REDACTED] received [REDACTED] COC. Exception Cleared.
 08/22/2019     1 A   VA 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 A A C B C A Non QM Non QM Yes
207758013 [REDACTED]         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 $515.00 exceeds tolerance of $450.00.  Insufficient or no cure was provided to the borrower. Provided cure to CD $69.80 with remaining of $85.20 not provided to borrower     Reviewer Comment (2019-08-22): A cure is indicated on the final CD. Exception Cleared.
 08/22/2019     1 A   VA 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 A A C B C A Non QM Non QM Yes
207758013 [REDACTED]         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 $450.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/22/2019   1 A   VA Primary Refinance - Cash-out - Home Improvement Final CD evidences Cure C B A A C B C A Non QM Non QM Yes
207765155 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   File is missing a Final 1003.     Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided   File is missing a copy of the note for the subject lien.     Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   File is missing the Security Instrument     Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         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. Proof appraisal was provided to the borrower was not in the file.     Reviewer Comment (2019-08-28): Received borrower acknowledgement of appraisal
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.49820% or Final Disclosure APR of 6.54000% is in excess of allowable threshold of APOR 3.80% + 2.5%, or 6.30000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-08-28): Received borrower acknowledgement of appraisal
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         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. Proof appraisal was provided to the borrower was not in the file.     Reviewer Comment (2019-08-28): Received borrower acknowledgement of appraisal
 08/28/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765155 [REDACTED]         Compliance Compliance Federal Compliance RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial escrow account disclosure was not provided.             2 B   VA Primary Purchase   D B D A D B C A Non QM Non QM Yes
207765155 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing the Seller CD.             2 B   VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A D B C A Non QM Non QM Yes
207765155 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   VA Primary Purchase   D B D A D B C A Non QM Non QM No
207765157 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): FreddieMac R&W Relief Eligible
 10/20/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207765157 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property, Square footage @ 1140 < 1200 required 720 representative FICO score > 660 guideline minimum Originator Reviewer Comment (2019-08-26): Received Credit Risk Summary & Exception Approval.
     08/26/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207766960 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CO Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207766960 [REDACTED]         Compliance Compliance Federal Compliance RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Missing a copy of the Initial escrow account statement.             2 B   CO Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM Yes
207766960 [REDACTED]         Compliance Compliance Federal Compliance Notice of Right To Cancel Not Provided to All Required Parties Truth in Lending Act: Notice of Right to Cancel was not signed by all parties whose ownership interest is or will be subject to the security interest. Notice of Right to Cancel was not signed by all parties whose ownership interest is or will be subject to the security interest.     Reviewer Comment (2019-08-28): Received


Buyer Comment (2019-08-23): Right to Cancel's signed at closing
 08/28/2019     1 A   CO 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 C B C A Non QM Non QM Yes
207766960 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003   Missing a Final 1003 as last 1003 was signed on[REDACTED]Note date is  [REDACTED]     Reviewer Comment (2019-08-28): Received


Buyer Comment (2019-08-23): Final 1003
 08/28/2019     1 A   CO Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207766961 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Only One Valuation is required for loans [REDACTED] .     Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207766961 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207766961 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The file contained a copy of the final settlement statement that disclosed reduced closing costs and additional cash to the borrowers.  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 (2019-08-27): LE has TX- Attorney Fee and CD's have TX Document Review.  Attestation provided by lender that fee name changed on the CD.  Fee is one in the same.
 08/27/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207766961 [REDACTED]         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 $470.00.  Sufficient or excess cure was provided to the borrower at Closing. $45 cure was provided as a Lender Credit.         08/21/2019   1 A   TX Primary Purchase Final CD evidences Cure C B C A C B C A Non QM Non QM Yes
207766961 [REDACTED]         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 $515.00 exceeds tolerance of $470.00.  Insufficient or no cure was provided to the borrower. $45 cure was provided as Lender Credit     Reviewer Comment (2019-08-27): Cure provided at close
 08/27/2019     1 A   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 A C B C A Non QM Non QM Yes
207766961 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Unable to cure as there isnt a valid COC in file for the[REDACTED]D     Reviewer Comment (2019-08-27): LE has TX- Attorney Fee and CD's have TX Document Review.  Attestation provided by lender that fee name changed on the CD.  Fee is one in the same.
 08/27/2019     1 A   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 A C B C A Non QM Non QM Yes
207766961 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207766961 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [REDACTED] did not use the same fee terminology as the Loan Estimate. LE has TX- Attorney Fee and CD's have TX Document Review.  Attestation provided by lender that fee name changed on the CD.  Fee is one in the same.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207766962 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA is listed as $100, however the HOA verification was not provided.     Reviewer Comment (2019-08-28): Received
 08/28/2019     1 A   TX Primary Purchase   C C C A C B C C Non QM Non QM No
207766962 [REDACTED]         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 was not provided.             2 B   TX Primary Purchase   C C C A C B C C Non QM Non QM No
207766962 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of  [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. Total Escrow amount should be $ [REDACTED]  for year 1 actual costs.     Reviewer Comment (2019-09-03): Letter of Explanation & Corrected Closing Disclosure provided.


Reviewer Comment (2019-08-26): Hazard is $3245.86 annually, HOA is $640 annually, county tax etc is $6444.23 annually. for monthly amount of $860.84.  Eleven months is $9469.25.  PCCD and LOE is required in order to address the exception..


Buyer Comment (2019-08-23): Invalid Condition.  Please test based on 11 months in stead of 12
   09/03/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A C B C C Non QM Non QM Yes
207766962 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure did not disclose a dollar amount by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-09-03): Letter of Explanation & Corrected Closing Disclosure provided.
   09/03/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A C B C C Non QM Non QM Yes
207766962 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure[REDACTED] 12:00:00 AM was received.               2 B   TX Primary Purchase No Defined Cure C C C A C B C C Non QM Non QM No
207766962 [REDACTED]         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 $449.24 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided to the Borrowers.     Reviewer Comment (2019-09-03): Letter of Explanation, Copy of Refund Check, and Corrected CD provided.
   09/03/2019   2 B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C C C A C B C C Non QM Non QM Yes
207766962 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   TX Primary Purchase   C C C A C B C C Non QM Non QM No
207769336 [REDACTED]         Credit Credit Credit Eligibility Public Record Issue: - The  [REDACTED] Guidelines, dated [REDACTED]tated No collections/charge offs/judgments in past 24 months. The borrower's credit report showed the borrower had a collection account that was opened on [REDACTED]  for the amount of $ [REDACTED] .             2 B   MD Primary Purchase   C B B B C B A A Non QM Non QM No
207769336 [REDACTED]         Compliance Compliance State Compliance (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) Maryland Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.               2 B   MD Primary Purchase   C B B B C B A A Non QM Non QM No
207769336 [REDACTED]         Compliance Compliance State Compliance Maryland HPML Threshold Test Non-Compliant Maryland Higher-Priced Mortgage Loan: APR on subject loan of 7.83220% or Final Disclosure APR of 7.83900% is in excess of allowable threshold of APOR 4.30% + 1.5%, or 5.80000%.  Non-Compliant Higher Priced Loan.               2 B   MD Primary Purchase   C B B B C B A A Non QM Non QM No
207769336 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether an Assumption is allowed, indicates loan will not allow assumption. However the Note indicates loan is assumable, in addition there is no Non Assumability Rider present.             2 B   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207769336 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of $10 by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-08-28): Borrower shopped for title fees - no tolerance
 08/28/2019     1 A   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207769336 [REDACTED]         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. $10 cure was provided to the Borrower-Sufficient to cure variance.     Reviewer Comment (2019-08-28): $10 cure provided at closing


Buyer Comment (2019-08-27): Please review CD $10 cure provided and clear condition.


Reviewer Comment (2019-08-22): $10 cure provided on the Final Closing Disclosure is sufficient.
 08/28/2019     1 A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
207769336 [REDACTED]         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 $235.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $235.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. This fee was not disclosed on the Loan Estimate, but on the Final Closing Disclosure.     Reviewer Comment (2019-08-28): Borrower shopped for title fees - no tolerance


Buyer Comment (2019-08-27): Please see Closing Disclosure these fees are listed as "services the borrower did shop for" therefore should not be tested. Please review to clear condition.
 08/28/2019     1 A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
207769336 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC).  Fee Amount of $55.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC). Fee Amount of $55.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.
This fee was not disclosed on the Loan Estimate, but on the Final Closing Disclosure.		     Reviewer Comment (2019-08-28): Borrower shopped for title fees - no tolerance


Buyer Comment (2019-08-27): Please see Closing Disclosure these fees are listed as "services the borrower did shop for" therefore should not be tested. Please review to clear condition.
 08/28/2019     1 A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
207769336 [REDACTED]         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 $175.00 exceeds tolerance of $150.00 plus 10% or $165.00.  Sufficient or excess cure was provided to the borrower at Closing. $10 cure provided at closing         08/28/2019   1 A   MD Primary Purchase Final CD evidences Cure C B B B C B A A Non QM Non QM Yes
207770408 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Investment Refinance - Cash-out - Other   C B B B     C A     No
207770408 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   The borrower's credit event seasoning was not met. PITIA reserves above minimum by 6 months or greater. Number of PITIA Reserves: 20+

Guideline variance approved by lender at time of origination. No late payments since [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-08-26): CRE D300
     08/26/2019 2 B   TX Investment Refinance - Cash-out - Other   C B B B     C A     No
207771309 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of $ [REDACTED]  by which the Total Closing Costs exceeded the legal limit.     Reviewer Comment (2019-08-26): Tolerance exceptions are addressed. Exception Cleared.
 08/26/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207771309 [REDACTED]         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. The Closing Disclosure was issued on [REDACTED], and the Closing Date is [REDACTED].     Reviewer Comment (2019-08-27): Initial CD provided


Buyer Comment (2019-08-26): Please see Initial CD. Please re-review.  Thanks
 08/27/2019     1 A   CA Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
207771309 [REDACTED]         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 $387.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $387.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.     Reviewer Comment (2019-08-26): A cure is indicated on the final CD. Exception Cleared.


Reviewer Comment (2019-08-23): $387 cure disclosed on the Final Closing Disclosure.
 08/26/2019     1 A   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
207771309 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $325.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Loan Tie-In Fee of $325.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.
There is no Change of Circumstance provided.		     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-08-26): Borrower shopped this service (see SSPL). Thanks
 08/26/2019     1 A   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
207771309 [REDACTED]         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. Title - SubEscrow Fee in the Amount of $62.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.
-No Change of circumstance was provided.		     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-08-26): Borrower shopped this service (see SSPL). Thanks
 08/26/2019     1 A   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
207771309 [REDACTED]         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 $30.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Wire /Funding/ Disbursement Fee in the amount of $30.00 was not disclosed on the Loan Estimate. No cure was provided to the borrower and there is no change of circumstance provided for this change.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-08-26): Borrower shopped this service (see SSPL)
 08/26/2019     1 A   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
207771309 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Archive Fee.  Fee Amount of $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Archive Fee in the amount of $75.00 was not disclosed on the Loan Estimate. No cure was provided to the borrower and there is no change of circumstance provided for this change.     Reviewer Comment (2019-08-26): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-08-26): Borrower shopped this service (see SSPL). Thanks
 08/26/2019     1 A   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
207771309 [REDACTED]         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 HOA/Condo Questionnaire.  Fee Amount of $387.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/26/2019   1 A   CA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
207778460 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207778460 [REDACTED]         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. The file was missing a copy of the FACTA Credit Score Disclosure for all borrowers provided within 3 days of originator application date. Only Credit Report in file is dated[REDACTED]nd Note date is  [REDACTED] .             2 B   FL Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207778460 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - FIle is missing the full business bank statement for account ending  [REDACTED] for month ending  [REDACTED]     Reviewer Comment (2019-08-30): Received


Buyer Comment (2019-08-28): [REDACTED]
 08/30/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207780291 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-20): CU Score of 1.0
 10/20/2019     1 A   OH Investment Refinance - Cash-out - Other   C A A A     C A     No
207786778 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-18): Received Final Title
 09/18/2019     1 A   TX Investment Purchase   C A C A A A A A N/A N/A No
207786778 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-18): Received Final Title
 09/18/2019     1 A   TX Investment Purchase   C A C A A A A A N/A N/A No
207786778 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Bank Statements reflect 9 NSF charges within a most recent 12 month period however, evidence that the NSF and or overdraft activity has been reviewed by underwriter for acceptability is missing from the file. No explanation from the borrower is evident.     Reviewer Comment (2019-09-18): Received revised 1008 indicating that the loan underwriter reviewed the NSFs.
 09/18/2019     1 A   TX Investment Purchase   C A C A A A A A N/A N/A No
207786780 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-09-11): Rec'd security instrument.
 09/11/2019     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786780 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-11): Rec'd approval.
 09/11/2019     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786780 [REDACTED]         Credit Missing Document General Incomplete Document: Closing Disclosure is incomplete   The Broker's NMLS number was not included on the final CD.     Reviewer Comment (2019-09-11): Rec'd PC CD reflecting NMLS number.
 09/11/2019     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786780 [REDACTED]         Credit System General Security Instrument address does not match Note address.   Missing Security Instrument exception has been noted.     Reviewer Comment (2019-09-11): Addresses are the same on the note and security instrument.


Buyer Comment (2019-09-10): Both documents appear to have the same address: [REDACTED]
 09/11/2019     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786780 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786780 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [REDACTED] did not disclose the required  Broker  Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). Final CD did not disclose the Brokers NMLS ID number on page 5 within  the contact information section.     Reviewer Comment (2019-09-12): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2019-09-12): I added the "Contact NMLS ID" for the Mortgage Broker on page 5 of the CD.  Please clear.


Reviewer Comment (2019-09-11): Letter of Explanation & Corrected Closing Disclosure required.  Mortgage Broker information missing from CD.  Unable to address the exception.
   09/12/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM Yes
207786780 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. The business bank statement program requires a minimum 660 FICO score. Borrower  disposable income of $6,500. Originator Reviewer Comment (2019-09-11): Rec'd exception for credit score < guideline requirement.
     09/11/2019 2 B   FL Primary Purchase   D B D B C B C A Non QM Non QM No
207786788 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207786788 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. Final Closing Disclosure provided on [REDACTED] disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan.     Reviewer Comment (2019-09-17): confirmed figures on final cd are correct
 09/17/2019     1 A   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207786793 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Per HOI policy, $ [REDACTED]  is the premium and $ [REDACTED]  is the premium when paid in full.  The Section F prepaid was the lower amount but the escrow start up used the higher premium.             2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207786796 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal report reflects Present Land Use of 90% versus 100%.             2 B   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207786796 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207786797 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Asset statements provided do not support reserve requirements.  Account ending  [REDACTED]  is $ [REDACTED] less than value on Final 1003. Residual income $14,738.89  > Guideline required $1,500.00 monthly

46.06383% DTI on this Full documentation loan < 55% guideline max - 8.9% below program guideline maximum		 Originator Pre-Close

Originator		 Reviewer Comment (2019-09-27): Rec'd CRE - D209


Reviewer Comment (2019-09-24): Assets were updated and verified reserves of 3.03 months is < 4 months guideline minimum.


Buyer Comment (2019-09-20): plz clear as this should have cleared when available cash to close dit.

please and thank you
     09/27/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207786797 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Asset statements provided do not support reserve requirements.  Account ending  [REDACTED] is $ [REDACTED]  less than value on Final 1003.     Reviewer Comment (2019-09-20): Using [REDACTED] balance for qualifying.  Updated account balance dated [REDACTED] was provided to source lease payments paid by business and reflects substantial business deposits with transfers of large sums to other business account that were used for qualifying and updated balances for those accounts were not provided.  Based on deposits and transfers, borrower has sufficient funds to close.
 09/20/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207786797 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception provided.  Loan amounts [REDACTED]  require appraisal review product.  Review product was not provided. Residual income $14,738.89  > Guideline required $1,500.00 monthly Originator Pre-Close Reviewer Comment (2019-09-04): CRE D198
     09/04/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207786797 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207786800 [REDACTED]         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 $ [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-09-11): Letter of Explanation & Corrected Closing Disclosure provided
   09/11/2019   2 B   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
207786800 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. 9.31 months reserves >  4 months guideline minimum. Originator Reviewer Comment (2019-09-11): Rec'd exception for missing additional listing comp.
     09/11/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207786805 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The shortage is addressed on a lender email but the solution was not included.     Reviewer Comment (2019-09-12): Insurer provided estimated rebuilding cost and coverage is sufficient; exception cleared.
 09/12/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Non QM No
207786805 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Missing Secondary Valuation.   As required for loan amounts  [REDACTED]     Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Non QM No
207786805 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score below 2.5
 10/24/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Non QM No
207786812 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   There was a last minute change to the loan amount.     Reviewer Comment (2019-09-12): Rec'd updated Title Commitment in trailing docs; exception cleared.
 09/12/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207786812 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207786812 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Documents are dated [REDACTED] and were signed on [REDACTED].             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207786812 [REDACTED]         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 GA does not require notary dates.             2 B   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207786812 [REDACTED]         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 [REDACTED] 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. (Preliminary) CD does not include payoffs.  Cured on the post close CD.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207786812 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Release Fee was introduced on the CD and payee able to a unique provider.     Reviewer Comment (2019-09-04): Tolerance exceptions are addressed. Exception Cleared.
 09/04/2019     1 A   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207786812 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Release(s).  Fee Amount of $45.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was introduced on the CD and payee able to a unique provider.     Reviewer Comment (2019-09-04): [REDACTED] received attestation. The fee was outsourced by chosen provider. Exception Cleared.
 09/04/2019     1 A   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 C A C B C A Non QM Non QM Yes
207786819 [REDACTED]         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 (2019-09-07): Asset qual with residual income
 09/07/2019     1 A   GA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B B B C B A A Non QM Non QM Yes
207786819 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Asset Qualification Loan Ability to Repay (Dodd-Frank 2014): It is questionable whether this loan meets ATR requirements. This transaction is an Asset Qualification loan program, which does not require ATR consideration other than sufficient assets to cover total loan amount, all loan costs and five years of debts and property-related payments.     Reviewer Comment (2019-09-07): Asset qual with residual income
 09/07/2019     1 A   GA Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207786819 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Missing number of months.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207786819 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Original purchase price being used to calculate LTV since subject property purchased less than one year ago.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207786819 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Credit score does not meet program requirement. Compensating Factors cited: 1) LTV and 2) Reserves. LTV - 49.39% LTV is less than 60% guideline maximum

Reserves - 436.40 months reserves not including cash back proceeds is greater than the 4 month guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-08-30): Program exception granted supported by listed compensating factors.
     08/30/2019 2 B   GA Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207786819 [REDACTED]         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). This transaction is an Asset Qualification loan program, which does not require ATR consideration other than sufficient assets to cover total loan amount, all loan costs and five years of debts and property-related payments.             2 B   GA Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207786819 [REDACTED]         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 GA notaries do not date notary acknowledgement. All closing documents are signed and dated  [REDACTED] .             2 B   GA Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207786819 [REDACTED]         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. Asset qual with residual income     Reviewer Comment (2019-09-09): Non-QM Loan
 09/09/2019     1 A   GA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B B B C B A A Non QM Non QM Yes
207786823 [REDACTED]         Compliance Compliance State Compliance Maine HPML Threshold 2013 Test Compliant Maine Higher-Priced Mortgage Loan: APR on subject loan of 6.56080% or Final Disclosure APR of 6.60100% is in excess of allowable threshold of APOR 3.77% + 1.5%, or 5.27000%, or subject loan is a high-cost mortgage loan, contains negative amortization, or has an interest-only feature.  Compliant Higher Priced Loan.               2 B   ME Primary Purchase   C B A A B B C A Non QM Non QM No
207786823 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   ME Primary Purchase   C B A A B B C A Non QM Non QM No
207786823 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Payee listed as Broker             2 B   ME Primary Purchase Good Faith Redisclosure C B A A B B C A Non QM Non QM Yes
207786828 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-18): Received
 09/18/2019     1 A   UT Primary Purchase   C C C A A A C C Non QM Non QM No
207786828 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   UT Primary Purchase   C C C A A A C C Non QM Non QM No
207786828 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ [REDACTED]  business statement included only the first page, pages two through seven were missing.     Reviewer Comment (2019-09-27): Received
 09/27/2019     1 A   UT Primary Purchase   C C C A A A C C Non QM Non QM No
207786832 [REDACTED]         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 [REDACTED] 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. This is correct it shows $ [REDACTED]  and it show the borrower getting it back $ [REDACTED]             2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207786835 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-11): Rec'd updated Title Commitment in trailing docs; exception cleared.
 09/11/2019     1 A   MS Primary Purchase   C A C A C A A A Non QM Non QM No
207786835 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0%  tolerance violations of $215.00 was not provided.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cleared.
 09/11/2019     1 A   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207786835 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Abstract/Title Search Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cleared.
 09/11/2019     1 A   MS 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
207786835 [REDACTED]         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 $30.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Endorsement Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cleared.
 09/11/2019     1 A   MS 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
207786835 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $35.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Closing Services Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cleared.
 09/11/2019     1 A   MS 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
207786835 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves requirement not met. Proceeds from the sale of  [REDACTED]  has not been not sufficiently verified. Proof of receipt of funds, per guideline requirement, is not evident in the file.     Reviewer Comment (2019-09-11): Rec'd Disbursement summary for sale of departure residence with Ledger for sale and Lender for purchase of subject to evidence transfer of funds.
 09/11/2019     1 A   MS Primary Purchase   C A C A C A A A Non QM Non QM No
207786835 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Proceeds from the sale of  [REDACTED]  have not been sufficiently verified. Proof of receipt of funds, per guideline requirement, is not evident in the file.     Reviewer Comment (2019-09-11): Rec'd Disbursement summary for sale of departure residence with Ledger for sale and Lender for purchase of subject to evidence transfer of funds.
 09/11/2019     1 A   MS Primary Purchase   C A C A C A A A Non QM Non QM No
207786835 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval is not evident in the file.     Reviewer Comment (2019-09-11): Rec'd Approval in trailing docs; exception cleared.
 09/11/2019     1 A   MS Primary Purchase   C A C A C A A A Non QM Non QM No
207786835 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Rec'd updated Title Commitment: Vesting per Warranty Deed is [REDACTED]  and Security Instrument reflects [REDACTED] .  Vesting on Deed does not match Security Instrument ([REDACTED] middle initial not reflected on Deed).  Title Schedule B-1 Item #4 matches Warranty Deed.     Reviewer Comment (2019-09-16): Rec'd Corrected Warranty Deed in trailing docs; exception cleared.
 09/16/2019     1 A   MS Primary Purchase   C A C A C A A A Non QM Non QM No
207786840 [REDACTED]         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 $575.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/28/2019   1 A   MN Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207786840 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           08/28/2019   1 A   MN Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207786840 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   MN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207786840 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   21% DTI  < 55% guideline max.

6.72 months reserves > 4 months minimum required.		 Originator

Originator		 Reviewer Comment (2019-09-11): Rec'd exception for credit score < guideline minimum.
     09/11/2019 2 B   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207786840 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure [REDACTED] 12:00:00 AM was received. Loan Estimate [REDACTED] was received on the same date of  the Closing Disclosure [REDACTED].             2 B   MN Primary Purchase No Defined Cure C B C B B B A A Non QM Non QM No
207786846 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Full 2 year employment history for borrower and co-borrower not provided on the final 1003.     Reviewer Comment (2019-09-11): Rec'd corrected, initialed 1003 and gap letter.


Buyer Comment (2019-09-11): Also included is email trail from Bwr as to why there was a GAP in employment for BOTH Bwrs; as Both Bwrs prev worked for same Employer and Prev Employer went out of Business and they has to look for new employment.
 09/11/2019     1 A   NH Second Home Purchase   C B C A B B A A Non QM Non QM No
207786846 [REDACTED]         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. Evidence of delivery of the prior appraisal dated[REDACTED] was not provided.             2 B   NH Second Home Purchase   C B C A B B A A Non QM Non QM No
207786848 [REDACTED]         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 $834.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing.           08/30/2019   1 A   TX Primary Purchase Final CD evidences Cure C B C A C B C A Non QM Non QM Yes
207786848 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-09-28): Rec'd Replacement Cost Estimate in trailing docs; exception cleared.
 09/28/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207786848 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207786848 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender cure was $50 accommodating the amount exceeding the tolerance limit.     Reviewer Comment (2019-09-26): Tolerance exceptions are addressed. Exception Cleared.
 09/26/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207786848 [REDACTED]         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 $834.00 exceeds tolerance of $650.00.  Insufficient or no cure was provided to the borrower. Lender cure was $184 accommodating the amount exceeding the tolerance limit.     Reviewer Comment (2019-09-23): A cure was provided at closing. Exception Cured.
   09/23/2019   2 B   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 A C B C A Non QM Non QM Yes
207786848 [REDACTED]         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 $5.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-09-26): [REDACTED] received CD correcting fee placement and LOE. Exception Cured.


Reviewer Comment (2019-09-23): [REDACTED] received lender correspondence. Please provide corrected CD as fee is in section B indicating it was required by lender.
   09/26/2019   2 B   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 A C B C A Non QM Non QM Yes
207786848 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Program exception not provided for insufficient reserves.     Reviewer Comment (2019-09-28): Rec'd additional account statement from [REDACTED] with 2 month history and sufficient funds to meet reserve requirement; exception cleared.


Buyer Comment (2019-09-25): Please review the [REDACTED]statement.  This provided additional funds for reserves.
 09/28/2019     1 A   TX Primary Purchase   C B C A C B C A Non QM Non QM No
207786851 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Secondary Valuation report required for Loan amounts exceeding $ [REDACTED] 31.28% DTI on this 12 Mo Personal bank statement documentation loan < 55% guideline max - 23.72% below program guideline maximum

Borrower on this 12 month personal bank statement documentation loan has a disposable income of $34,293.49, $32,793.49 > $1,500 program minimum.

8.4 months reserves > 4 months guideline minimum - borrowers have verified reserves of $39,578.59		 Originator

Originator

Originator		 Reviewer Comment (2019-09-20): cleared in error


Reviewer Comment (2019-09-20): Rec'd CRE - D192/193


Reviewer Comment (2019-09-12): Secondary Valuation report required for Loan amounts exceeding [REDACTED]


Buyer Comment (2019-09-11): What does this exception mean???? It appears its not completed?
     09/20/2019 2 B   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of 2 required listing comparables provided on the 1004. 31.28% DTI on this 12 Mo Personal bank statement documentation loan < 55% guideline max - 23.72% below program guideline maximum

Borrower on this 12 month personal bank statement documentation loan has a disposable income of $34,293.49, $32,793.49 > $1,500 program minimum.

8.4 months reserves > 4 months guideline minimum - borrowers have verified reserves of $39,578.59		 Originator

Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd CRE - D192/193
     09/20/2019 2 B   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Evidence of business ownership in  [REDACTED]  for business asset account ending  [REDACTED]  was not provided.     Reviewer Comment (2019-09-12): Borrower name listed on account; verification of ownership not required.
 09/12/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing insurance expense verification for  [REDACTED]  was not provided.  LOE [REDACTED] was provided stating tenant carries insurance, but LOE was not signed and dated.     Reviewer Comment (2019-09-30): Received signed document
 09/30/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Evidence of insurance expense for  [REDACTED]  was not provided.     Reviewer Comment (2019-09-30): Received
 09/30/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Potential undisclosed property.  Property history report (D27) evidences [REDACTED] owned by borrower.  Statement provided (D24) evidences the mortgage is for [REDACTED].  [REDACTED] show these properties are > 3 miles apart.     Reviewer Comment (2019-09-30): n/a, tax record shows no [REDACTED] address exists
 09/30/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Borrower's own funds percent discrepancy.   Source documentation for the following large deposits was not provided:
1)  $ [REDACTED]
2)  $ [REDACTED]
3)  $ [REDACTED]		     Reviewer Comment (2019-09-12): All deposits sourced; exception cleared.


Buyer Comment (2019-09-11): The Large Dep on [REDACTED] came from [REDACTED] which is the comp the [REDACTED] for
 09/12/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786851 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Evidence of business ownership in  [REDACTED]  for business asset account ending [REDACTED]  was not provided.     Reviewer Comment (2019-09-12): Borrower name listed on account; verification of ownership not required.
 09/12/2019     1 A   UT Primary Purchase   C B C B A A A A Non QM Non QM No
207786852 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A C A C A Non QM Non QM No
207786852 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Unable to determine under disclosure due to missing itemization of amount financed".     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cleared.
 09/04/2019     1 A   FL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C A A A C A C A Non QM Non QM Yes
207786852 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Electronically signed  [REDACTED] .     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cleared.
 09/04/2019     1 A   FL Primary Purchase   C A A A C A C A Non QM Non QM No
207786853 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   12 month verification of mortgage for primary residence is not evident in the file.     Reviewer Comment (2019-09-18): Rec'd pay histories for [REDACTED] mortgage in trailing docs; exception cleared.
 09/18/2019     1 A   FL Investment Purchase   C B C B A A A A N/A N/A No
207786853 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -               2 B   FL Investment Purchase   C B C B A A A A N/A N/A No
207786854 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. The cash out that was to be used for reserves was not sufficient.  Lender estimated over $ [REDACTED] more than actual. Housing payment decrease - $499.24 (-11.02813%)

Borrower on the Full documentation loan has a disposable income of $6,078.24		 Originator

Originator		 Reviewer Comment (2019-09-10): CRE provided for 3.74 months PITI reserves < 4 months miimum required
     09/10/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207786854 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   Housing payment decrease - $499.24 (-11.02813%)

Borrower on the Full documentation loan has a disposable income of $6,078.24		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd exception for credit score < minimum guideline requirements.
     09/20/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207786854 [REDACTED]         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. Preliminary title work refers to Angel Oak as the MERS beneficiary on the previous loan.             2 B   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 B B A A Non QM Non QM Yes
207786857 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds Verified for closing costs were not sufficiently verified. Only able to use  [REDACTED]  acct# [REDACTED] for funds as retirement funds are only allowed for reserves.     Reviewer Comment (2019-09-18): Verified $1058.00 HOI premium payment cleared bank account on [REDACTED] and remaining funds were in excess of [REDACTED] account balance; sufficient funds to close verified. Exception cleared.


Reviewer Comment (2019-09-13): $1,537.12 in assets required to be verified includes $465.00 appraisal fee and $1,058.00 Hazard Insurance premium paid prior to closing per CD and $14.12 cash at closing.    Review has verified $465.00 appraisal fee paid via Borrower's credit card supporting $465.00 included in qualifying asset balance.  Payment Receipt in file (D0215) indicates $1,058.00 paid via [REDACTED] on [REDACTED].  Most recent [REDACTED] statement in file is dated [REDACTED] documenting a $106.43 account balance,    Unable to reconcile verify premium cleared account in order to add to qualifying asset total.  Documented qualifying Assets for Closing of $571.43 consist of $465.00 appraisal fee verified as paid and [REDACTED] statement balance as of [REDACTED] documenting a $106.43 account balance.  Issue remains EV3 for $571.43 verified assets is $965.69 less than $1,537.12 cash required to close.


Buyer Comment (2019-09-13): Per the final cd signed at closing the borrower only needed $14.12 to close and his [REDACTED] has a balance of  $106.43 .

thanks


Reviewer Comment (2019-09-09): If funds from one of the accounts listed above are being used for down payment and/or closing costs, obtain evidence of the sale or redemption of the asset.


Buyer Comment (2019-09-07): Per guidelines:
3.18 Stocks, Bonds, Mutual Funds & Retirement Funds
Stocks, bonds, mutual funds and retirement funds are acceptable sources of funds for the down payment, closing costs, and reserves
 09/18/2019     1 A   CT Primary Purchase   C B C B C A C A Non QM Non QM No
207786857 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU score of 2.1
 10/24/2019     1 A   CT Primary Purchase   C B C B C A C A Non QM Non QM No
207786857 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. FICO score does not meet min requirement of 660 for primary wage earner and business bank statement program. 62.15385% LTV < 90.00% guideline maximum

Housing payment decreased -$498.80 (-13.12632%)		 Originator

Originator		 Reviewer Comment (2019-09-13): CRE provided for 631 credit score < 660 minimum required


Reviewer Comment (2019-09-09): CRE not provided


Buyer Comment (2019-09-07): used broker credit no material difference.
     09/13/2019 2 B   CT Primary Purchase   C B C B C A C A Non QM Non QM No
207786857 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) Neither Seller CD nor Final CD reflect seller paid fees.     Reviewer Comment (2019-09-09): Seller CD signed and dated by Seller does not have any closing costs.
 09/09/2019     1 A   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207786863 [REDACTED]         Compliance Compliance State Compliance Michigan Prepayment Penalty Michigan Prepayment Penalty:  Loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepay will not exceed maximum permitted by applicable law.               2 B   MI Investment Purchase   C B A A B B C A N/A N/A No
207786863 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   MI Investment Purchase   C B A A B B C A N/A N/A No
207786873 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. $-110 in fees     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, Refund Check, and Proof of Mailing. . Exception Cured.
   09/30/2019   2 B   NJ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C B B B C B A A Non QM Non QM Yes
207786873 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Blank field on CD; should be 3 months             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207786873 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ [REDACTED]  income missing to verify a two (2) year history of receipt and is expected to continue for the next three (3) years. LTV @ 61% < 75% max Originator Pre-Close Reviewer Comment (2019-09-04): CRE D244
     09/04/2019 2 B   NJ Primary Purchase   C B B B C B A A Non QM Non QM No
207786976 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207786984 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   WI Investment Purchase   C B C B     C A     No
207786984 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1104 < 1200 required Consumer credit paid as agreed last 36 months.

15.41 months reserves > 6 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-19): Rec'd CRE - D133
     09/19/2019 2 B   WI Investment Purchase   C B C B     C A     No
207786997 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___.   736 representative FICO score > 640 guideline minimum.

66% LTV < 75% guideline max.		 Originator

Originator		 Reviewer Comment (2019-09-11): Rec'd exception for reserve requirements not met.
     09/11/2019 2 B   GA Investment Refinance - Rate/Term   C B C B     C A     No
207786997 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Investment Refinance - Rate/Term   C B C B     C A     No
207786997 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   736 representative FICO score > 640 guideline minimum.

66% LTV < 75% guideline max.		 Originator

Originator		 Reviewer Comment (2019-09-12): Exception approval


Reviewer Comment (2019-09-11): Rec'd exception for reserve requirements not met.
     09/11/2019 2 B   GA Investment Refinance - Rate/Term   C B C B     C A     No
207786997 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject property is vacant, not allowed on a refi, unless  [REDACTED]  - no evidence provided that it is  [REDACTED]     Reviewer Comment (2019-09-11): HUD-1 in file to confirm AO to AO.


Buyer Comment (2019-09-09): Note: This loan is to AO to AO please re-look in your file: page 36-37which is dated [REDACTED] is the original HUD (this info matches the Bwrs Credit Report as well) and page 74 is the VOM which shows [REDACTED]
 09/11/2019     1 A   GA Investment Refinance - Rate/Term   C B C B     C A     No
207786998 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Rate/Term   C B B B     C A     No
207786998 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property Square footage @ 809 < 1200 required Credit Score 772 < 660 requirement Originator Pre-Close Reviewer Comment (2019-09-06): CRE D006
     09/06/2019 2 B   FL Investment Refinance - Rate/Term   C B B B     C A     No
207787087 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NC Primary Purchase   C B B B C B C A Non QM Non QM No
207787087 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee disclosed was last disclosed as $700 on CD but disclosed as $734 on Final Closing Disclosure.     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cleared.
 09/04/2019     1 A   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207787087 [REDACTED]         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 $ [REDACTED]  may be required. No Loan Estimates were provided.     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cleared.
 09/04/2019     1 A   NC Primary Purchase No Defined Cure C B B B C B C A Non QM Non QM No
207787087 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% and/or 10% tolerance violations in the amount of $34.00 was not provided. Provide a post-close CD disclosing the tolerance cure of $34.00, copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cleared.
 09/04/2019     1 A   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207787087 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.94010% or Final Disclosure APR of 8.00000% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Compliant Rate Spread Home Loan. APR of 8% exceeds threshold of $5.36%.             2 B   NC Primary Purchase   C B B B C B C A Non QM Non QM No
207787087 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Lender exception for due to borrower has no reserves has been provided. D332. Lender approved on  [REDACTED] Borrower has employment stability for 4 years

Residual income greater than $1500

Payment shock is less than 125%		 AMC

Originator

Originator		 Reviewer Comment (2019-08-29): CRE D160
     08/29/2019 2 B   NC Primary Purchase   C B B B C B C A Non QM Non QM No
207787088 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   SC Primary Purchase   C A A A C A C A Non QM Non QM No
207787088 [REDACTED]         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.       Reviewer Comment (2019-09-09): Received Borrowers acknowledgement
 09/09/2019     1 A   SC Primary Purchase   C A A A C A C A Non QM Non QM No
207787088 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.08900% or Final Disclosure APR of 7.09300% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-09): Received Borrowers acknowledgement
 09/09/2019     1 A   SC Primary Purchase   C A A A C A C A Non QM Non QM No
207787088 [REDACTED]         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.       Reviewer Comment (2019-09-09): Received Borrowers acknowledgement
 09/09/2019     1 A   SC Primary Purchase   C A A A C A C A Non QM Non QM No
207799749 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Other 1 Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for County/City Taxes due at close( mo.)to  [REDACTED]  under Prepaids. Number of months collected is not shown on the CD.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207799749 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Other 2 Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for County/City Taxes due at close( mo.)to  [REDACTED]  under Prepaids. Number of months collected is not shown on the CD.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207799749 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided.         09/06/2019   1 A   NJ Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
207799757 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing full verification of rental history. Letter from borrower reflects payments made by  [REDACTED]  to Landlord however, payments differ each month and do not have verification from landlord for each month. 727 representative FICO score >660 guideline minimum.

13.6 months reserves >4 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd exception allowing use of LOE and [REDACTED] payments for rental history.


Buyer Comment (2019-09-18): And per guides state Allowed with a twelve (12) month residential pay history verified by cancelled checks or 3rd Party Verification or VOR/VOM. [REDACTED] is considered the cancelled checks since its consistent with LOX


Buyer Comment (2019-09-18): The LOX states Bwr has a roommate the rent is $1500 and they pay $750 plus utilities which each roommate could pay as high as $850 each per person. Per Bank statements the [REDACTED] payment are consistent with LOX  and Bwr has 12 months
     09/20/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval is missing from the file.     Reviewer Comment (2019-09-20): Rec'd loan approval.
 09/20/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Title Guarantee Fee of $2.00 was not provided.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207799757 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Title Guarantee Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   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
207799757 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-09-20): Rec'd internet printout.
 09/20/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Per guidelines, the appraisal must include 3 recent closed sales and at least 2 additional current listings or pending sales for all property types on all loans.  The appraisal has only 1 current listing. 727 representative FICO score >660 guideline minimum.

13.6 months reserves >4 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd exception allowing 1 current listing comp.
     09/20/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Issue:  Insufficient tradelines per credit guidelines   1 trade line < 2 required per guidelines.  Unable to include housing history as a trade line.  LOE from borrower in file states she pays rent to landlord through  [REDACTED] .  The dollar amounts on bank statements are inconsistent and there is nothing in file from the landlord to confirm. 727 representative FICO score >660 guideline minimum.

13.6 months reserves >4 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd exception for 1 tradeline.
     09/20/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207799757 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207799769 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-28): Rec'd Short Form Final Title in trailing docs; exception cleared.
 09/28/2019     1 A   LA Investment Purchase   C A C A A A A A N/A N/A No
207799769 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-28): Rec'd Short Form Final Title in trailing docs; exception cleared.
 09/28/2019     1 A   LA Investment Purchase   C A C A A A A A N/A N/A No
207799769 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ P&L missing for company  [REDACTED]     Reviewer Comment (2019-10-14): per letter in file, not a business.  Deleted income
 10/14/2019     1 A   LA Investment Purchase   C A C A A A A A N/A N/A No
207799771 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verification that borrower has at least 50% ownership of the business per guideline requirements.     Reviewer Comment (2019-09-12): Rec'd verification in trailing docs; exception cleared.
 09/12/2019     1 A   TN Primary Purchase   C B C B B B A A Non QM Non QM No
207799771 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock does not meet maximum of 250% but meets exception policy based on DTI and stable employment history. 27.41% DTI on this Alt documentation loan < 55% guideline max

Borrower has job stability for 9.5 years		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-06): CRE D172
     09/06/2019 2 B   TN Primary Purchase   C B C B B B A A Non QM Non QM No
207799771 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Monthly Hazard insurance escrow of $ [REDACTED]  does not match total premium of $ [REDACTED] under prepaids.             2 B   TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207799774 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   No approval retained in file.     Reviewer Comment (2019-09-24): Recd'd approval in trailing docs; exception cleared.
 09/24/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207799774 [REDACTED]         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 GA notaries do not date notary acknowledgement. All closing documents are signed and dated  [REDACTED] .             2 B   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207799774 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for homeowner's insurance under Prepaids. Final CD page 2 section F does not state the number of months the collected amount is paying.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Final CD page 2 section F does not state the number of months the collected amount is paying.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Other 1 Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Sanitation Taxes under Prepaids. Final CD page 2 section F does not state the number of months the collected amount is paying.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD page 2 section F does not state the number of months the collected amount is paying.             2 B   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Exceeds tolerance     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   GA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         Compliance Compliance Federal Compliance TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. No service provider list retained in the file.             2 B   GA Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207799774 [REDACTED]         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 $700.00.  Insufficient or no cure was provided to the borrower. No valid change of circumstance for the increased charge over the Loan estimate quoted amount.     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/30/2019     1 A   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 C A C B C A Non QM Non QM Yes
207799774 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207799774 [REDACTED]         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 $750.00 exceeds tolerance of $700.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/30/2019   2 B   GA Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM Yes
207799779 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-12): Received CDA
 09/12/2019     1 A   FL Primary Purchase   C B A A C B C A Non QM Non QM No
207799779 [REDACTED]         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 $660.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal states an annual fee of $ [REDACTED]  and the lender uses $ [REDACTED] .  The amount shown is for eleven months which could be correct depending  on timing and prepaids.     Reviewer Comment (2019-09-26): Letter of Explanation & Corrected Closing Disclosure provided


Reviewer Comment (2019-09-24): [REDACTED] received PCCD however the non escrowed property costs still indicated $660. The appraisal and purchase agreement indicated $600/year. Please provide corrected CD and LOE to cure.
   09/26/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207799779 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Taxes were paid outside of closing by the seller.  The amount is not month specific.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207799790 [REDACTED]         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.               2 B   CO Second Home Purchase   C B C A B B A A Non QM Non QM No
207799790 [REDACTED]         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.               2 B   CO Second Home Purchase   C B C A B B A A Non QM Non QM No
207799790 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Dates verified by final CD on file             2 B   CO Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207799790 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.         Reviewer Comment (2019-09-25): Rec'd 30-day account stmt for [REDACTED]; funds [REDACTED] not required,


Reviewer Comment (2019-09-10): Missing current 30 day statement for [REDACTED] in order to determine [REDACTED] account type and to review deposits greater than or equal to 50% of the borrower's gross monthly qualifying income that must be sourced.  VOD provided (D0057) documents only current account balances.  $168,083.67 business account balance and $24,457.24 [REDACTED] account balance are needed to cure $973,788.74 verified qualifying assets that are less than $979,247.85 in assets required to close and 4 months ($52,834.96) PITI reserves.    $979,247.85 total cash required from Borrower is the sum of $672,073.00 in earnest money deposits made during construction period, $1,661.00 Appraisal fee paid prior to closing and $305,576.21 cash at closing).


Reviewer Comment (2019-09-10): Final CD (D0201) discloses $1,661.00 Appraisal Fee paid by Borrower before closing.  Invoice in file (D0093) is for 920.50 ($810.00 Appraisal fee and $110.50 Appraisal Management fee).  Invoice states paid but does not indicate method of payment in order to reconcile as paid.
- (Stips) Missing current 30 day statement for [REDACTED] in order to determine [REDACTED] account type and to review deposits greater than or equal to 50% of the borrower's gross monthly qualifying income that must be sourced.  VOD provided (D0057) documents only current account balances.  $168,083.67 buisnss account balance and $24,457.24 [REDACTED] account balance are needed to cure $973,788.74 verified quaifying assets that are ess than $979,247.85 in assets required to close and 4 months ($) PITI reserves.    $979,247.85 total cash required from Borrower is the sum of $672,073.00 in earnest money deposits made during new contruction phase, $1,661.00 Appaisal fee paid prior to closing and $305,576.21 cash at closing).


Buyer Comment (2019-09-07): Borrower only needed $305,576.21 to close. They were not short of funds for closing.
 09/25/2019     1 A   CO Second Home Purchase   C B C A B B A A Non QM Non QM No
207799790 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.         Reviewer Comment (2019-09-25): Rec'd 30-day account stmt for [REDACTED]; funds [REDACTED] not required,


Reviewer Comment (2019-09-10): Missing current 30 day statement for [REDACTED] in order to determine [REDACTED] account type and to review deposits greater than or equal to 50% of the borrower's gross monthly qualifying income that must be sourced.  VOD provided (D0057) documents only current account balances.  $168,083.67 business account balance and $24,457.24 [REDACTED] account balance are needed to cure $973,788.74 verified qualifying assets that are less than $979,247.85 in assets required to close and 4 months ($52,834.96) PITI reserves.    $979,247.85 total cash required from Borrower is the sum of $672,073.00 in earnest money deposits made during construction period, $1,661.00 Appraisal fee paid prior to closing and $305,576.21 cash at closing).
 09/25/2019     1 A   CO Second Home Purchase   C B C A B B A A Non QM Non QM No
207799800 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Borrower exceeds max allowed but borrower has excellent credit and has over $ [REDACTED] . in residual income Credit history 0 x 30, 60, 90 late payments [REDACTED] to [REDACTED]

14.34613% DTI on this Bank Statemnent documentation loan < 55.00% guideline maximum

Borrower on this Bank Statement documentation loan has a disposable income of $110,694.03		 Originator

Originator

Originator		 Reviewer Comment (2019-09-10): CRE provided for 416.404% payment shock > 250% maximum for FTHB
     09/10/2019 2 B   GA Primary Purchase   C B C B A A A A Non QM Non QM No
207799803 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] disclosed 0 months for Property Tax under Prepaids.             2 B   IN Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207800678 [REDACTED]         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 [REDACTED] disclosed the Initial Escrow Payment that does not match the escrow payment disclosed on page 2. Initial escrow payment of $ [REDACTED]  is not reflecting the seller paying $ [REDACTED]  at closing to show the borrower only is actually paying $ [REDACTED] . The $ [REDACTED] does not show on the Seller CD so it is likely the Final CD is inaccurate and would need a cure.     Reviewer Comment (2019-09-05): The initial escrow payment disclosed included both borrower and non-borrower paid amounts, given the CFPB Guide to the Loan Estimate and Closing Disclosure instructions, exception regraded to an EV2.


Buyer Comment (2019-09-04): Please downgrade exception to EV2. Thanks


Reviewer Comment (2019-09-04): Letter of Explanation & Corrected Closing Disclosure required to cure.  Page 4 should only be the borrower paid potion of the Initial Escrow Payment. Alternatively, exception can be reviewed for potential downgrade to EV2.  Please advise or provide Letter of Explanation & Corrected Closing Disclosure to cure.


Buyer Comment (2019-09-03): Final CD (included in initial upload) showing $988 as being paid by seller. Please re-review and advise.
       2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207800678 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. This is triggered by other validations without a cure     Reviewer Comment (2019-09-03): Situs[REDACTED] received required documents, exception is cleared.
 09/03/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207800678 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Borrower on this Full documentation loan has a disposable income of $3965.24

Borrower's mortgage payment decreased by $917.24 per month

41 months reserves > 4 months guideline minimum		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-09-08): Rec'd CRE - D165


Buyer Comment (2019-09-03): CRE
     09/08/2019 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207800678 [REDACTED]         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 $490.00 exceeds tolerance of $450.00.  Insufficient or no cure was provided to the borrower. Cure for various 0% and/or 10% tolerance violations in the amount of $40.00 was not provided.  Provide a post-close CD disclosing the tolerance cure of $40.00, copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-09-03): Situs[REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-08-30): COC for appraisal fee increase
 09/03/2019     1 A   GA 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
207800678 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
207840018 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Compensating factors are no late payment in 24 months & investment experience ( 5 REO) Originator Pre-Close Reviewer Comment (2019-08-29): CRE D002
     08/29/2019 2 B   GA Investment Purchase   B B B B     A A     No
207840021 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Compensating factors: Lower housing payment & repeat borrower (2 properties) Originator Pre-Close Reviewer Comment (2019-08-29): CRE D002
     08/29/2019 2 B   NC Investment Refinance - Rate/Term   C B C B     A A     No
207840021 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Property list for sale within last 12 months Compensating factors: Lower housing payment & repeat borrower (2 properties) Originator Pre-Close Reviewer Comment (2019-08-29): CRE D002
     08/29/2019 2 B   NC Investment Refinance - Rate/Term   C B C B     A A     No
207840021 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   1x30 late payment on  [REDACTED]  loan dated from  [REDACTED] Compensating factors: Lower housing payment & repeat borrower (2 properties) Originator Pre-Close Reviewer Comment (2019-08-29): CRE D002
     08/29/2019 2 B   NC Investment Refinance - Rate/Term   C B C B     A A     No
207840021 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject property is vacant and a refi, per guidelines only allowed on  [REDACTED]  To  [REDACTED]  - no evidence it is a [REDACTED] Compensating factors: Lower housing payment & repeat borrower (2 properties) Originator Pre-Close Reviewer Comment (2019-10-10): Rec'd exception for vacant property.
     10/10/2019 2 B   NC Investment Refinance - Rate/Term   C B C B     A A     No
207840022 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   749 representative FICO score > 660 guideline minimum Originator Pre-Close Reviewer Comment (2019-08-29): CRE D76
     08/29/2019 2 B   FL Investment Purchase   C B C B     C A     No
207840022 [REDACTED]         Property Property - Appraisal Appraisal Documentation The property type differs between the valuation documents in file. Unable to verify the property type.  Ineligible per guidelines.   URAR shows HOA fees with Townhouse style design, Title commitment legal description supports evidence of fees as located in a PUD, PUD rider was not included with Security Instrument however, the Legal description was attached.     Reviewer Comment (2019-10-04): Rec'd attestation of re-recording.


Buyer Comment (2019-10-03): Please review


Reviewer Comment (2019-09-30): Rec'd updated and executed PUD Rider; missing attestation of re-recording.  Exception remains.
 10/04/2019     1 A   FL Investment Purchase   C B C B     C A     No
207840022 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___. Lender exception in file with compensating factors. 749 representative FICO score > 660 guideline minimum Originator Pre-Close Reviewer Comment (2019-08-29): CRE D076
     08/29/2019 2 B   FL Investment Purchase   C B C B     C A     No
207840022 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-23): Rec'd commitment with sufficient coverage.
 09/23/2019     1 A   FL Investment Purchase   C B C B     C A     No
207840022 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C B C B     C A     No
207840022 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Seller contribution increase above applicable guideline minimum. 749 representative FICO score > 660 guideline minimum Originator Pre-Close Reviewer Comment (2019-08-29): CRE D076
     08/29/2019 2 B   FL Investment Purchase   C B C B     C A     No
207840024 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-11): Rec'd updated title commitment.
 09/11/2019     1 A   PA Investment Refinance - Cash-out - Other   C B C A     B B     No
207840024 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   PA Investment Refinance - Cash-out - Other   C B C A     B B     No
207859145 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-24): FSD score is 0.044; exception cleared
 09/24/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207859145 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): CU Score is a 2
 10/20/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207859146 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207859147 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   only one required     Reviewer Comment (2019-10-24): CU Score 2
 10/24/2019     1 A   FL Investment Purchase   C A A A     C A     No
207859150 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-16): CU Score of 1.6
 10/16/2019     1 A   FL Investment Purchase   C B C B     C A     No
207859150 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   DSCR @ .95 < 1, and credit score is < 700 70% LTV < 75% guideline max Originator Reviewer Comment (2019-09-25): Rec'd CRE - D129; Comp factor: LTV 5% below program max
     09/25/2019 2 B   FL Investment Purchase   C B C B     C A     No
207859150 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. DSCR@ .95 70% LTV < 75% guideline max Originator Reviewer Comment (2019-09-25): Rec'd CRE - D129; Comp factor: LTV 5% below program max
     09/25/2019 2 B   FL Investment Purchase   C B C B     C A     No
207859151 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   LA Investment Purchase   C A A A     C A     No
207859155 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-25): 2nd full appraisal report in file.
 09/25/2019     1 A   FL Investment Purchase   C B C B     C A     No
207859155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1122 < 1200 70% LTV < 80% guideline max

Consumer credit history 0x30 for 32 months		 Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D149
     09/25/2019 2 B   FL Investment Purchase   C B C B     C A     No
207859155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Secondary Appraisal report does not contain a market rent analysis; Lender exception approval provided. 70% LTV < 80% guideline max

Consumer credit history 0x30 for 32 months		 Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D149
     09/25/2019 2 B   FL Investment Purchase   C B C B     C A     No
207859156 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Purchase   C A A A     C A     No
207866587 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-09-24): Rec'd third party verification in trailing docs; exception cleared.
 09/24/2019     1 A   SC Primary Purchase   C B C A C B C A Non QM Non QM No
207866587 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Apprentice Appraiser completed appraisal supervised by a licensed appraiser. Both the trainee and appraiser attached their respective licenses to the appraisal.             2 B   SC Primary Purchase   C B C A C B C A Non QM Non QM No
207866587 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit was not exceeded as per CD.     Reviewer Comment (2019-09-24): Fee name changed from Title Examination to Title Update on CD.  [REDACTED] received an attestation the fee was required by Borrowers chosen provider.
 09/24/2019     1 A   SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207866587 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Amendment Fee.  Fee Amount of $150.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-09-24): Fee name changed from Title Examination to Title Update on CD.  [REDACTED] received an attestation the fee was required by Borrowers chosen provider.
 09/24/2019     1 A   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 C A Non QM Non QM Yes
207866587 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   SC Primary Purchase   C B C A C B C A Non QM Non QM No
207866587 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [REDACTED] did not use the same fee terminology as the Loan Estimate. Fee name changed from Title Examination to Title Update on CD.  A Corrected CD and LOE to Borrower is needed to cure, along with an attestation the fee is the same.             2 B   SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207866595 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for credit inquiry [REDACTED]  [REDACTED] card was not provided. 10.68% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 44% below program guideline maximum

Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $90,505.89

171.32 months reserves > 4 months guideline minimum - borrowers have verified reserves of $738,499.01		 Originator

Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D194


Buyer Comment (2019-09-25): This has been updated since [REDACTED]


Reviewer Comment (2019-09-20): Nothing additional provided; GUidelines 5.12 require a Signed statement from the borrower verifying whether additional credit was obtained for all inquiries within 90-days of the date of the credit report.  Credit report date is [REDACTED] and inquiry date is [REDACTED]; exception remains EV3.


Buyer Comment (2019-09-18): Note: This Inquiry for [REDACTED] [REDACTED] is not on GAP Report so there was no reason for an LOX; also that was in [REDACTED] so if new credit was opened it would have reported by the time the loan closed [REDACTED] when the GAP Rep was pulled
     09/25/2019 2 B   TX Second Home Purchase   C B C B A A A A Non QM Non QM No
207866595 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Security instrument  vesting  [REDACTED] , Deed Borrower as  [REDACTED] .     Reviewer Comment (2019-09-20): Vesting is correct; TX is community property ans spousal state and spouse is required to sign Mortgage and not required to be on Title.


Buyer Comment (2019-09-18): This is for state of TX


Buyer Comment (2019-09-18): Per Title Company since the Spouse eis the Non-Borrowing Spouse the Deed would only state A Married Man"--see email uploaded.
 09/20/2019     1 A   TX Second Home Purchase   C B C B A A A A Non QM Non QM No
207866595 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-20): Rec'd Lender Certification of no HOA and [REDACTED] property profile reflects no HOA; exception cleared.
 09/20/2019     1 A   TX Second Home Purchase   C B C B A A A A Non QM Non QM No
207866595 [REDACTED]         Credit Asset Asset Documentation Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Additional Earnest money deposit of $ [REDACTED]  was not sourced.  Copy of check or proof of wire to title company was not provided.     Reviewer Comment (2019-09-20): Additional $5K Deposit not required to be verified and has not been included in total asset calculation ($6150 EMD included and sourced) - Borrower meets 5% minimum contribution and has sufficient funds to cover all funds required to close and required reserves.


Buyer Comment (2019-09-18): We don't have the addt'l $5k EMD, but Bwr has more than enough funds to cover the EMD of $5k. Bwr has over a 800K in assets in WF acct a and only needed $121,285 to close on subj prop, not valid
 09/20/2019     1 A   TX Second Home Purchase   C B C B A A A A Non QM Non QM No
207866597 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of the 2 required listing comprables was provided on the appraisal. 36% DTI < 55% max.

Borrower has a disposable income of $4,100		 Originator

Originator		 Reviewer Comment (2019-10-04): Rec'd exception for missing additional comparable listing on the appraisal.
     10/04/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207866597 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Letter of Authorization to Freeze and Close Credit Line for HELOC paid at closing was not provided.     Reviewer Comment (2019-10-04): Rec'd authorization to close credit line.
 10/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207866597 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Evidence extended fraud alert on credit report was properly addressed and resolved was not provided.     Reviewer Comment (2019-10-04): Rec'd certification that the fraud alert was addressed by the UW.
 10/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207866598 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: HOA Questionnaire not provided         Reviewer Comment (2019-10-21): Received
 10/21/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207866598 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-24): Rec'd approval in trailing docs; exception cleared.
 09/24/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207866598 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Two bank accounts were used to evidence income from 12 months personal bank statements.  Lender exception or acknowledgment was not provided. Borrower has job stability for 15 years as owner of [REDACTED].

737 representative FICO score > 660 guideline minimum - 77 points above guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-02): Client elects to waive.  Exception waiver approval provided.  Compensating factors:  Borrower has employment stability with 15 years as business owner; borrower's representative score of 737 exceeds the guideline minimum by 77 points.


Buyer Comment (2019-09-28): Two bank accounts are allowed for this program
     10/02/2019 2 B   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207866598 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   [REDACTED]  rent payment was evidenced at $ [REDACTED] .  Short $ [REDACTED]  from the $ [REDACTED]  monthly rent without explanation or lender exception provided.  Insufficient documentation to support 1x30x12 housing payment history required by guidelines.     Reviewer Comment (2019-10-07): Remaining $450.00 paid from [REDACTED] on[REDACTED]; exception cleared.


Buyer Comment (2019-10-03): Please Note there were two [REDACTED] separate [REDACTED]transactions [REDACTED] $1200.00 and [REDACTED] $450.00 .  If you look and hover over the yellow bubble it will explain that $450.00 is the balance of the $1200.00 that was paid. Payment were just done in separate payments.


Reviewer Comment (2019-10-02): June 18 WF statement shows $1,200 rent payment with a notation "Balance to follow" but there is no subsequent transaction for $450 as the most recent 1008 indicates.
 10/07/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207866598 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Gap report evidences the auto payment  [REDACTED] was paid in full.  The balance was $ [REDACTED] .  Unable to determine if this was due to trade in or refinance in which new financing would need to be included in DTI or if funds for payoff need to be sourced to ensure sufficient cash to close and reserves.     Reviewer Comment (2019-10-22): Rec'd asset statement report showing deposit of funds from refinance and payoff of debt prior to closing with remaining balance at closing verified; exception cleared.


Reviewer Comment (2019-10-07): No proof of payoff with borrower own funds provided.  Deposit from refinance with funds still available at closing; no evidence these funds were used to payoff auto debt.  Exception remains.


Buyer Comment (2019-10-03): Client said that he paid if off when he refinanced his Florida property.  Attached is a copy of the CD.  The CD does show the client received $25,193.34 at closing.  It does appear the client used the proceeds from the refinance to pay off the car.  The client stated he does not currently have an auto loan.


Reviewer Comment (2019-10-02): Nothing provided.
 10/22/2019     1 A   TX Primary Purchase   C B C B A A A A Non QM Non QM No
207866599 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.         Reviewer Comment (2019-10-20): Updated with asset statement printouts


Buyer Comment (2019-10-16): Appraisal was paid via Credit Card--see upload thanks
 10/20/2019     1 A   MD Primary Purchase   C A C A A A C A Non QM Non QM No
207866599 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   MD Primary Purchase   C A C A A A C A Non QM Non QM No
207866599 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.         Reviewer Comment (2019-10-20): Updated with asset prinouts


Reviewer Comment (2019-09-19): Rec'd CRE to reduce reserve requirement to 3 months; 0 month verified reserves.  CRE is not valid.
 10/20/2019     1 A   MD Primary Purchase   C A C A A A C A Non QM Non QM No
207866599 [REDACTED]         Credit System General Flood Certificate Subject Address does not match Note address.   The Flood Cert reflects  [REDACTED] , whereas the actual property address is [REDACTED] .     Reviewer Comment (2019-09-19): Rec'd corrected Flood Cert in trailing docs; exception cleared.
 09/19/2019     1 A   MD Primary Purchase   C A C A A A C A Non QM Non QM No
207866601 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval form not provided     Reviewer Comment (2019-09-11): Rec'd approval.
 09/11/2019     1 A   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Disclosure tracking summary indicates AVM was ordered - however not uploaded     Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         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. Appraiser provided date[REDACTED] per disclosure tracking summary, however borrower did not sign a document at closing acknowledging their receipt of the valuation 3 days prior to closing?     Reviewer Comment (2019-10-04): Appraisal was emailed [REDACTED] - email provided in file
 10/04/2019     1 A   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.47000% or Final Disclosure APR of 9.49200% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-10-04): Appraisal was emailed [REDACTED] - email provided in file
 10/04/2019     1 A   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         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. Appraiser provided date[REDACTED] per disclosure tracking summary, however borrower did not sign a document at closing acknowledging their receipt of the valuation 3 days prior to closing?     Reviewer Comment (2019-10-04): Appraisal was emailed [REDACTED] - email provided in file


Reviewer Comment (2019-10-02): Appraisal sent on[REDACTED] with 3-day mailbox rule applied; the presumed rec'd date is [REDACTED].  Borrower acknowledgment of receipt at least 3 business days prior to closing has not been provided.  Exception remains.


Buyer Comment (2019-09-30): [REDACTED] is on a [REDACTED] loan closed on [REDACTED] which is a [REDACTED]. So that would have been within 3 business days.

tks


Reviewer Comment (2019-09-11): The appraisal was sent to the borrower [REDACTED]. Using the mailbox rule, the appraisal was not rec'd at least 3 business days prior to closing.  Rec'd an email from the borrower stating they were provided a copy of the appraisal prior to closing, however, unable to clear as there is still no evidence timing requirements have been met.
 10/04/2019     1 A   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Figures input to match CD's     Reviewer Comment (2019-10-01): Post Close CD and LOE to borrower provided.  $195 fee was a real estate admin fee not subject to finance charges. Cure check not required.


Reviewer Comment (2019-09-11): There is a $195 borrower paid fee in Section C payable to [REDACTED].  Fee does not have a fee description.  Please provide Post Close CD and LOE to borrower for fee description.  Additionally, this fee is currently being included in the Finance Charge calculation as [REDACTED] is unable to determine what it was for.  Please provide details as to what the fee was.


Buyer Comment (2019-09-10): plz see upld as borrower chose [REDACTED] which was not on our sspl list therefore we are not held at a tolerance.

thanks
   10/01/2019   2 B   IN 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 C A Non QM Non QM Yes
207866601 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $5 lender credit for tolerance cure     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-10-03): All fees must be disclosed on initial LE, or with subsequent changed circumstance.  COC required for [REDACTED] LE for the transfer tax addition.
   10/16/2019   2 B   IN Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207866601 [REDACTED]         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 $105.00 exceeds tolerance of $50.00.  Insufficient or no cure was provided to the borrower. $5 lender credit for tolerance cure     Reviewer Comment (2019-09-11): paid to borrower chosen provider. - no tolerance.
 09/11/2019     1 A   IN 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
207866601 [REDACTED]         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 $20.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. $5 lender credit for tolerance cure     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided


Reviewer Comment (2019-10-03): All fees must be disclosed on initial LE, or with subsequent changed circumstance.  COC required for [REDACTED] LE for the transfer tax addition.


Buyer Comment (2019-10-02): We should be good.  The original LE is not a locked loan.  The revised LE which was also not locked was where it was added.  And then the lock LE has the $15 on there too


Reviewer Comment (2019-10-01): The Initial LE issued [REDACTED] has $0 for transfer taxes.


Buyer Comment (2019-09-30): As for the condition, I see on the LE ([REDACTED]) that transfer taxes were $15, on the initial CD ([REDACTED]) and final CD, it was $20, which is why I provided a $5 cure.


Reviewer Comment (2019-09-11): required cure was $20.  lender provided $5.  $15 cure remaining.  Initial LE did not disclose transfer tax.


Buyer Comment (2019-09-10): please note lender credit was given at closing
   10/16/2019   2 B   IN 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
207866601 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, guidelines require 2. Borrower has a disposable income of $6,421. Originator Reviewer Comment (2019-09-11): Rec'd exception for missing an additional comparable property listing required by guidelines.
     09/11/2019 2 B   IN Primary Purchase   C B C B C B C A Non QM Non QM No
207866601 [REDACTED]         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 $20.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/16/2019   2 B   IN Primary Purchase   C B C B C B C A Non QM Non QM Yes
207866602 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.         Reviewer Comment (2019-10-04): Rec'd closing statement from sale of departure residence.
 10/04/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207866602 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy.         Reviewer Comment (2019-10-04): Broker's credit report was used and reflects a 670 FICO.
 10/04/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207866602 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.         Reviewer Comment (2019-10-04): Rec'd closing statement from sale of departure residence.
 10/04/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207866602 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207866602 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing fully executed Closing Statement for the sale of  [REDACTED] .     Reviewer Comment (2019-10-04): Rec'd closing statement from sale of departure residence.
 10/04/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207866603 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock of 260% exceeds the 250% threshold. LTV - 75% LTV is 10% less than 85% guideline maximum

Residual - Borrower on this twelve month bank statement documentation loan has a disposable income of $4,336.01 exceeding the $1500 minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-09): Program exception granted supported by listed compensating factors.
     09/09/2019 2 B   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866603 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-18): E-consent provided
 09/18/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866603 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. No electronic consent documentation has been retained in the file     Reviewer Comment (2019-09-18): E-consent provided
 09/18/2019     1 A   GA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
207866603 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Income calculation slightly lower than lender qualifying and within a 1% tolerance. LTV - 75% LTV is 10% less than 85% guideline maximum

Residual - Borrower on this twelve month bank statement documentation loan has a disposable income of $4,336.01 exceeding the $1500 minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-08): Rec'd exception for DTI > guideline maximum.


Reviewer Comment (2019-09-27): Lender included purchase return credits in qualifying income; review excluded these deposits since they are not considered business income.


Buyer Comment (2019-09-24): Where and how did you calculate income?
     10/08/2019 2 B   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866604 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The field was left blank.             2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207866604 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing Borrower LOE signed and dated for inquiry dated [REDACTED] [REDACTED] .     Reviewer Comment (2019-09-17): Included in trailing docs
 09/17/2019     1 A   GA Primary Purchase   C B C A B B C A Non QM Non QM No
207866604 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verbal Verification of Employment completed within ten (10) days of closing or at any point post-closing was not provided.     Reviewer Comment (2019-09-17): Rec'd Work number verification in trailing docs; exception cleared.
 09/17/2019     1 A   GA Primary Purchase   C B C A B B C A Non QM Non QM No
207866604 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   GA Primary Purchase   C B C A B B C A Non QM Non QM No
207866611 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Title commitment and or deed not provided.     Reviewer Comment (2019-10-02): Rec'd Final Title policy in trailing docs; exception cleared.
 10/02/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207866611 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.         Reviewer Comment (2019-10-02): Rec'd Final Title policy in trailing docs; exception cleared.
 10/02/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207866611 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure AP Table First Change TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [REDACTED] disclosed a First Change minimum, maximum, and payment period that does not match the actual terms for the loan. Final CD disclosed loan as fixed rate rather than than the correct step rate.     Reviewer Comment (2019-10-02): AP Table correctly disclosed on final CD


Buyer Comment (2019-09-30): this is a fixed loan but it is a 10 year interest only. So the CD is correct. There is an adjustable payment table because the of the 10 year interest only.
 10/02/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A C A C C Non QM Non QM Yes
207866611 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-11): Rec'd approval.
 09/11/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207866611 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207866612 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   compensating factor of FICO > 700, and ResidualIncome of $3,678.80. Originator Pre-Close Reviewer Comment (2019-09-09): CRE D003
     09/09/2019 2 B   VA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207866612 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-30): Rec'd updated Title Commitment in trailing docs; exception cleared.
 09/30/2019     1 A   VA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207866613 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Primary Purchase   C B C B C B C A Non QM Non QM No
207866613 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.  Disclosed value $0.00, Calculated value $ [REDACTED] .     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207866613 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $675.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Settlement / Closing / Escrow Fee. Fee Amount of $675.00 exceeds tolerance of $0.00 with no cure provided.  Cost to cure $675.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/30/2019     1 A   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 C A Non QM Non QM Yes
207866613 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Lender's Title Insurance. Fee Amount of $ [REDACTED]  exceeds tolerance of $0.00 with no cure provided.  Cost to cure $ [REDACTED]  due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared..
 09/30/2019     1 A   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 C A Non QM Non QM Yes
207866613 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Gift letter did not reference Donor's address, phone number and subject property address. 768 representative FICO score > 660 guideline minimum - 108 points above guideline minimum

Borrower has employment stability for 9 years as a [REDACTED] business owner with same company.		 Originator

Originator		 Reviewer Comment (2019-10-01): Rec'd CRE - D205


Reviewer Comment (2019-09-23): CRE doesn't mention Donor's missing address and phone number
     10/01/2019 2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM No
207866613 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $675.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/30/2019   2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM Yes
207866613 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance.  Fee Amount of $1,454.45 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/30/2019   2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM Yes
207866615 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Lender exception granted.  Compensating factors are Credit History and Residual Income. Borrower disposable income of $21,000. Originator Reviewer Comment (2019-09-09): Exception in file for reserve requirements not met.
     09/09/2019 2 B   CA Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
207866618 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA documentation was not provided  [REDACTED]     Reviewer Comment (2019-09-23): Not applicable, house built in [REDACTED].


Buyer Comment (2019-09-19): NO HOA
 09/23/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207866618 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship  was not provided - CoBorrower citizenship was not provided on initial or final 1003.  Please provide corrected 1003.             2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207866618 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207866624 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   Missing both preliminary and final title.     Reviewer Comment (2019-09-23): Received


Reviewer Comment (2019-09-17): Nothing additional provided.
 09/23/2019     1 A   AZ Primary Purchase   C B C B A A A A Non QM Non QM No
207866624 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing mortgage statement for REO property  [REDACTED] . 23.2 months reserves > 4 months guideline minimum

Residual income is $286,884.37		 Originator

Originator		 Reviewer Comment (2019-09-26): Rec'd CRE - D264


Reviewer Comment (2019-09-23): Nothing received for [REDACTED]


Reviewer Comment (2019-09-17): There is no closing statement for the sale of this property; please provide closing statement evidencing borrower sold this property.


Buyer Comment (2019-09-14): This property sold prior to Brwr's application date.  Property sold on [REDACTED] per the settlement stmt in the file. Application date was[REDACTED]Brwr no longer owned the property on application date. Is this still required?
     09/26/2019 2 B   AZ Primary Purchase   C B C B A A A A Non QM Non QM No
207866624 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification of insurance for REO property  [REDACTED] 23.2 months reserves > 4 months guideline minimum

Residual income is $286,884.37		 Originator

Originator		 Reviewer Comment (2019-09-26): Rec'd CRE - D264


Reviewer Comment (2019-09-23): Nothing received for [REDACTED]


Reviewer Comment (2019-09-17): There is no closing statement for the sale of this property; please provide closing statement evidencing borrower sold this property.


Buyer Comment (2019-09-14): This property sold prior to Brwr's application date.  Property sold on [REDACTED] per the settlement stmt in the file. Application date was[REDACTED]Brwr no longer owned the property on application date. Is this still required?
     09/26/2019 2 B   AZ Primary Purchase   C B C B A A A A Non QM Non QM No
207866624 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification of taxes for REO property  [REDACTED] 23.2 months reserves > 4 months guideline minimum

Residual income is $286,884.37		 Originator

Originator		 Reviewer Comment (2019-09-26): Rec'd CRE - D264


Reviewer Comment (2019-09-23): Nothing received for [REDACTED]


Reviewer Comment (2019-09-17): There is no closing statement for the sale of this property; please provide closing statement evidencing borrower sold this property.
     09/26/2019 2 B   AZ Primary Purchase   C B C B A A A A Non QM Non QM No
207866625 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-09-23): Tolerance exceptions are addressed. Exception Cleared.
 09/23/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207866625 [REDACTED]         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. No cure in file.     Reviewer Comment (2019-09-23): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/23/2019     1 A   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 C A Non QM Non QM Yes
207866625 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed         Reviewer Comment (2019-09-23): Received Final


Buyer Comment (2019-09-20): See page 9 of the uploaded Title
 09/23/2019     1 A   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866625 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-09-23): Received Final
 09/23/2019     1 A   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866625 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866625 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required per guidelines. Borrower on this Bank Statement documentation loan has a disposable income of $14,508.29 Originator Reviewer Comment (2019-09-23): Received Credit Risk Summary & Exception Approval.
     09/23/2019 2 B   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866625 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   [REDACTED]  is the spouse's account, there is no evidence within the loan file that supports the acct is joint.  Proceeds from the sale   [REDACTED]  were wired into [REDACTED]  on [REDACTED] and EMD of $ [REDACTED]  cleared[REDACTED], since there is no evidence within the loan file that supports  [REDACTED]  is a joint account, said funds are not considered borrower's.     Reviewer Comment (2019-09-23): sufficient assets in file


Buyer Comment (2019-09-19): UPDATE--see info uploaded


Buyer Comment (2019-09-19): Note: If you see the Sale of Home on page 173 in your file the Statement has both Bwrs name and the Deed of Trust in our file has both Bwrs name as well as the Grant Deed. This will prove that Bwr has assets to the funds that Bwrs are married and LOX states this. Funds for closing went into Wifes acct . If we didn't have the Wifes [REDACTED] you would have accepted the Settlement statement as proof of funds to close, so what would be the diff at this point. We are showing the exact wire went into Bwrs acct. I uploaded the Wife's ID
 09/23/2019     1 A   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866625 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   [REDACTED]  is the spouse's account, there is no evidence within the loan file that supports the acct is joint.  Proceeds from the sale   [REDACTED]  were wired into [REDACTED] on [REDACTED] and EMD of $ [REDACTED]  cleared[REDACTED], since there is no evidence within the loan file that supports  [REDACTED] s a joint account, said funds are not considered borrower's.     Reviewer Comment (2019-09-23): sufficient assets in file


Buyer Comment (2019-09-19): See LOX from [REDACTED] and email from Bwr as well as I re-uploaded [REDACTED] acct see page 3
 09/23/2019     1 A   CA Primary Purchase   C B C B C A C A Non QM Non QM No
207866629 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit.  Disclosed value $0.00, calculated value $2.00.     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   10/01/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207866629 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower. Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   10/01/2019   2 B   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 A C B A A Non QM Non QM Yes
207866629 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Proof of liquidation of  [REDACTED] Account ending [REDACTED]  was not provided.  Assets were not considered for closing.     Reviewer Comment (2019-10-21): Received Wire from [REDACTED]$27,000


Buyer Comment (2019-10-17): Wire Receipt from Title.


Reviewer Comment (2019-10-07): using 100% of business funds still short funds to close; $26,017.34 in available funds needed $38,220.54


Reviewer Comment (2019-10-01): Per guidelines section 19.3: Funds from Borrower's business and savings account may be used for down payment, closing costs and reserves.  Platinum program: Amount used can be no more than 50% of the ending balance and: The borrower is the sole proprietor or 100% owner of the business.


Buyer Comment (2019-09-27): I'm unable to locate this in our guidelines.  I see that the Brwr must have 50% ownership in the business, but not that we can only give credit for 50% of business funds.  Please send me the exact guideline that outlines this requirement.


Reviewer Comment (2019-09-26): Platinum program allows only 50% use of business funds; exception remains.


Buyer Comment (2019-09-24): For the [REDACTED], I show $23,077.34.  How did you get $11,538.67 for this account?


Reviewer Comment (2019-09-18): Guidelines: Verify borrower's actual receipt of the funds realized from the sale or liquidation when these funds are used to complete the transaction for any part of the down payment or required cash to close.


Buyer Comment (2019-09-16): I show the Brwr needed $34,615.54 to close and I show that [REDACTED] has verified $48,226.87.  Please elaborate on this.
 10/21/2019     1 A   TX Primary Purchase   C B C A C B A A Non QM Non QM No
207866629 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   10/01/2019   2 B   TX Primary Purchase   C B C A C B A A Non QM Non QM Yes
207866630 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-23): Received
 09/23/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
207866630 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
207866630 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Home Equity statement verifying monthly payment not provided. Payment obtained from credit report.     Reviewer Comment (2019-09-24): Payment is on the credit report.


Buyer Comment (2019-09-20): Info on page 2


Buyer Comment (2019-09-20): The Credit Supplement was provided to show the payment of the HELOC--see page 2 and this info was verified in lieu of the Statement
 09/24/2019     1 A   GA Investment Purchase   C A C A A A C A N/A N/A No
207866633 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Amount Financed TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. Recalculated Amount financed $ [REDACTED]     Reviewer Comment (2019-09-25): Amount Financed was correct on final CD.


Buyer Comment (2019-09-24): Lump Sum Credits/Origination Credits are not part of the "Amount Financed".  In fact, no credit is part of the Amount Financed.
 09/25/2019     1 A   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 A A C B A A Non QM Non QM Yes
207866633 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Recalculated Finance Charge is $ [REDACTED] .     Reviewer Comment (2019-09-25): Finance Charges were correct on final CD.


Buyer Comment (2019-09-24): Lump Sum Credits/Origination Credits are not part of the "Amount Financed".  In fact, no credit is part of the Amount Financed.
 09/25/2019     1 A   FL 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
207866633 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. No number of months shown collected on final CD page 2, Section F, line item #05.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207866633 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Recalculated TIP is   [REDACTED] %.     Reviewer Comment (2019-09-25): TIP was correct on final CD.
 09/25/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207866633 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total of Payments that does not match the actual total of payments for the loan. Recalculated Total Payments is $ [REDACTED]     Reviewer Comment (2019-09-25): TOP was correct on final CD.


Buyer Comment (2019-09-24): Lump Sum Credits/Origination Credits are not part of the "Amount Financed".  In fact, no credit is part of the Amount Financed.
 09/25/2019     1 A   FL 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
207866635 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207866635 [REDACTED]         Credit Credit Credit Eligibility There are red flags on the fraud report that have not been addressed - Co-borrower's social security number was unable to be verified.  Evidence of co-borrower's social security number validation was not provided.     Reviewer Comment (2019-09-19): Rec'd copy of CB SS Card; exception cleared.
 09/19/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207866636 [REDACTED]         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.       Reviewer Comment (2019-09-24): Rec'd proof of appraisal delivery in trailing docs.
 09/24/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.44770% or Final Disclosure APR of 6.46800% is in excess of allowable threshold of APOR 3.86% + 1.5%, or 5.36000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-24): Rec'd proof of appraisal delivery in trailing docs.
 09/24/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         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.       Reviewer Comment (2019-09-24): Rec'd proof of appraisal delivery in trailing docs.
 09/24/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-24): [REDACTED] received E Consent. Exception Cleared.


Buyer Comment (2019-09-20): upld econsent on other request condition
 09/24/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         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. Designation does not match.     Reviewer Comment (2019-09-27): 3rd party verification in the file
 09/27/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
207866636 [REDACTED]         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. ATR not met.     Reviewer Comment (2019-09-27): 3rd party verification in the file
 09/27/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. ATR not met.     Reviewer Comment (2019-09-27): 3rd party verification in the file
 09/27/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. Missing E-sign document.     Reviewer Comment (2019-09-24): [REDACTED] received E Consent. Exception Cleared.
 09/24/2019     1 A   GA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller did not pay any fees. Buyer paid all transaction costs.     Reviewer Comment (2019-09-24): [REDACTED] reviewed purchase agreement indicating buyer to pay all closing costs. Exception Cleared.
 09/24/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207866636 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-09-24): .Tolerance exceptions are addressed. Exception Cleared.
 09/24/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207866636 [REDACTED]         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 $225.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-09-24): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/24/2019     1 A   GA 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
207866636 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on  [REDACTED] . 39.541% DTI on this 12 Mo Personal bank statement documentation loan < 55% guideline max - 15% below program guideline maximum

17.47 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-24): Rec'd CRE - D161
     09/24/2019 2 B   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Secondary valuation product to support value is required for non-arm's length transactions. 39.541% DTI on this 12 Mo Personal bank statement documentation loan < 55% guideline max - 15% below program guideline maximum

17.47 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-24): Rec'd CRE - D161
     09/24/2019 2 B   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866636 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-10-02): Rec'd VOE in trailing docs; exception cleared.


Reviewer Comment (2019-09-27): Rec'd third party verification of the company the Borrower works for; missing third party verification of borrower's 1099 status as an active 1099 employee within 10 calendar days of closing.


Reviewer Comment (2019-09-24): Rec'd third party verification of the company the Borrower works for; missing third party verification of borrower's 1099 status as active within 10 calendar days of closing.
 10/02/2019     1 A   GA Primary Purchase   C B C B C A A A Non QM Non QM No
207866638 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, guidelines require 2. 37.75% LTV < 90% guideline max

Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $8,154.59		 Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE  - D156
     09/25/2019 2 B   CA Second Home Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207866639 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   AZ Primary Purchase   C A A A A A C A Non QM Non QM No
207866640 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. 25.57% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 29% below program guideline maximum

14.15 months reserves > 4 months guideline minimum - borrowers have verified reserves of $18,134.89

Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $15,602.03		 Originator

Originator

Originator		 Reviewer Comment (2019-09-19): Rec'd CRE - D198
     09/19/2019 2 B   KS Primary Purchase   C B C B A A C A Non QM Non QM No
207866640 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   KS Primary Purchase   C B C B A A C A Non QM Non QM No
207866642 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207866642 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of Borrower's business within 10 days of closing not provided.     Reviewer Comment (2019-10-04): Rec'd third party verification in trailing docs; exception cleared.
 10/04/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207866645 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Pad Fee on Final CD not allocated properly.     Reviewer Comment (2019-09-23): [REDACTED] received PCCD removing fee and final settlement statement indicating fee was not charged. Exception Cleared.
 09/23/2019     1 A   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C A A A Non QM Non QM Yes
207866645 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-24): Received
 09/24/2019     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
207866645 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure not provided for $295.00 Governmental Surcharge  fee     Reviewer Comment (2019-09-23): Tolerance exceptions are addressed. Exception Cleared.
 09/23/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207866645 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governental Surcharge.  Fee Amount of $295.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cure not provided for $295.00 Governmental Surcharge  fee     Reviewer Comment (2019-09-23): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/23/2019     1 A   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
207866645 [REDACTED]         Credit Guideline Guideline Issue The minimum housing history was not met as required by guidelines for First Time Homebuyer.   Documentation required cancelled checks, however only 3 months bank statements provided and rent receipts 44 months reserves > 4 months guideline minimum Originator Pre-Close Reviewer Comment (2019-09-11): CRE D2
     09/11/2019 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
207881620 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): CU Score of 1.9
 10/20/2019     1 A   FL Investment Purchase   C A A A     C A     No
207881621 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for Foreclosure not seasoned 18 months & subject property was listed for 21 days within last 12 months. omp factors were: DSR = 1.471, requirement is greater than 1 & greater than 50 months cash reserve versus 6 month requirement Originator Pre-Close Reviewer Comment (2019-09-11): CRE D02
     09/11/2019 2 B   FL Investment Refinance - Cash-out - Other   C B B B     C A     No
207881621 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B B B     C A     No
207881623 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - 1-4 Family not provided   Missing page 1 of 3 of Rider.     Reviewer Comment (2019-09-28): Rec'd complete recorded 1-4 Rider and recorded Security Instrument in trailing docs; exception cleared.


Buyer Comment (2019-09-27): Please review to clear
 09/28/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207881623 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Insurance policy reflects street address as  [REDACTED]  instead of  [REDACTED]     Reviewer Comment (2019-09-28): Rec'd corrected Evidence of Insurance in trailing docs; exception cleared.
 09/28/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207881623 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-20): Collateral R&W Relieve Eligible per Freddie UCDP
 10/20/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207881624 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require         Reviewer Comment (2019-09-19): Rec'd updated exchange funds account balance; exception cleared.
 09/19/2019     1 A   AZ Investment Purchase   C A C A     C A     No
207881624 [REDACTED]         Credit Fix and Flip General Insufficient funds for Reserves.         Reviewer Comment (2019-09-19): Rec'd updated exchange funds account balance; exception cleared.
 09/19/2019     1 A   AZ Investment Purchase   C A C A     C A     No
207881624 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.         Reviewer Comment (2019-09-27): Rec'd additional account for [REDACTED] used for closing that was not in original file; exception cleared.


Buyer Comment (2019-09-25): The funds came from their [REDACTED].


Reviewer Comment (2019-09-19): Borrower is short funds to close of $68,230.27; [REDACTED]investment account excluded from closing.  Proof of liquidation was not provided.
 09/27/2019     1 A   AZ Investment Purchase   C A C A     C A     No
207881624 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   AZ Investment Purchase   C A C A     C A     No
207881624 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.         Reviewer Comment (2019-09-19): Rec'd updated exchange funds account balance; exception cleared.
 09/19/2019     1 A   AZ Investment Purchase   C A C A     C A     No
207881626 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-09-16): FSD score is 0.088 or 8.8; exception cleared.


Buyer Comment (2019-09-12): invalid/  Confidence score is 0.088 which is below .2 please clear
 09/16/2019     1 A   KS Investment Refinance - Cash-out - Other   C B C B     C A     No
207881626 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1023 < 1200 required 45 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-09-16): Rec'd CRE - D182
     09/16/2019 2 B   KS Investment Refinance - Cash-out - Other   C B C B     C A     No
207881626 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   KS Investment Refinance - Cash-out - Other   C B C B     C A     No
207881637 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207881637 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207881637 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Lender did not provide a valid VVOE 10 days prior to closing     Reviewer Comment (2019-10-02): Third party verification of employer has been provided for borrower's business and signed 4506-T has been provided for co-borrower.


Buyer Comment (2019-10-02): Good Morning, even though per guides its not req'd, the signed doc was provided---the signed 4506T for CBwr


Buyer Comment (2019-09-30): Good Morning...Per guides 19.3 under the Bank Statement Program..19.3 IRS 4506 Tax Transcripts
IRS transcripts are not required under the Personal or Business Bank Statement Programs.
Note: In the event one or more co-borrower(s) are wage earners, IRS transcripts are not required.


Reviewer Comment (2019-09-24): VVOE in file; missing signed 4506T for Co-borrower (wage earner).


Buyer Comment (2019-09-20): VVOE for [REDACTED] was completed [REDACTED] and the loan closed [REDACTED] which is w/in 10 days of closing
 10/02/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207881637 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Lender Exception(s) not provided   Credit Risk Summary & Exception Approval provided for Platinum loan program date [REDACTED]Changed circumstance dated  [REDACTED]  noted a program change to Portfolio Select. Credit Risk Summary & Exception Approval not provided for Portfolio Select loan program after program change.     Reviewer Comment (2019-10-02): Updated doc has been provided.


Buyer Comment (2019-10-02): Good Morning...Info been uploaded since [REDACTED]
 10/02/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207881637 [REDACTED]         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 $150.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender provided a cure at closing accommodating the amount exceeding the tolerance limit.         09/11/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
207881641 [REDACTED]         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 $ [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Monthly HOA $ [REDACTED]     Reviewer Comment (2019-09-16): Letter of Explanation & Corrected Closing Disclosure provided
   09/16/2019   2 B   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
207881642 [REDACTED]         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 $1,562.00 on Final Closing Disclosure provided on [REDACTED] not accurate. Valuation disclosed $ [REDACTED]  annually vs final consumer CD $ [REDACTED]  annually.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-09-26): Letter to Bwr with Refund check explains the corrections to Non-Escrowed Costs
   09/27/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207881642 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $2.00.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207881642 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   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
207881642 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd verification and Lender cert of no HOA
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   UW exception provided.  VOD account ending did not provided deposit information for the last 30 days asset was not considered. Borrower employment more than 10 years.

0 x30 x 24 months late payments.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-11): Lender Exception D0228
     09/11/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd verification and Lender cert of no HOA
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd verification and Lender cert of no HOA
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Insurance verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd FPL
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Tax verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd FPL


Buyer Comment (2019-09-20): Included with the 1st payment letter that is uploaded
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   P & I verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd signed FPL.
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided  [REDACTED] .     Reviewer Comment (2019-09-24): Rec'd verification and Lender cert of no HOA
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Removed; duplicate of subject property


Buyer Comment (2019-09-20): This is our Subj and per 1003 Information is blank
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Verified property is land only


Buyer Comment (2019-09-20): Per 1003 this is LAND Only, so there wouldn't be HOA Info
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Insurance verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd HOI verification


Buyer Comment (2019-09-20): Note: I was bale to find the HOI Policy


Buyer Comment (2019-09-20): Property owned free/clear not required to have Insurance
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Tax verification was not provided  [REDACTED]     Reviewer Comment (2019-09-24): Rec'd tax cert and Final HUD-1 for purchase of property
 09/24/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   Missing 30 day statement or account summary  [REDACTED]  documenting deposits made in recent 30 days.  VOD provided documents account balance and date opened. Unable to determine any deposits greater than or equal to 50% of the borrower's gross monthly qualifying income that must be sourced.     Reviewer Comment (2019-09-27): Third party VOD provided as allowed by guidelines; exception cleared.


Buyer Comment (2019-09-25): Also Bwr only needed $102,697 to close per Final CD in closing package as EMD of $10000 cleared. [REDACTED] dated [REDACTED]as bal $167,123.37 which is more than enough funds to close on subj property


Buyer Comment (2019-09-25): Note: Guides also state 3.1 Assets: All eligible asset types can be verified through an Asset Verification Report by a 3rd party vendor in lieu of bank statements; which means a VOD
 09/27/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207881642 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207881647 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. No cure provided.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207881648 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for TX Guarantee fee of $4.00 was not provided.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207881648 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. TX Guarantee Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   TX 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
207881648 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Purchase   C B A A C B A A Non QM Non QM Yes
207881649 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $340.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-09-24): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 09/24/2019     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C C C A C A C C Non QM Non QM Yes
207881649 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-09-24): Tolerance exceptions are addressed. Exception Cleared.
 09/24/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A C A C C Non QM Non QM Yes
207881649 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207881649 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   [REDACTED]  - VOD provided do not indicate type of account or average monthly balance.     Reviewer Comment (2019-10-10): All three accounts are Certificate of Deposit accounts; exception cleared.
 10/10/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207881649 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   [REDACTED]  - VOD provided do not indicate type of account or average monthly balance.     Reviewer Comment (2019-10-10): All three accounts are Certificate of Deposit accounts; exception cleared.
 10/10/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207881649 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-10-10): Rec'd tax cert in trailing docs; exception cleared.
 10/10/2019     1 A   CA Primary Purchase   C C C A C A C C Non QM Non QM No
207881650 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ UW exception was not provided for payment shock.  First time homebuyer max payment shock 250% < calculated 412.49143%. 19.11% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 35% below program guideline maximum

Residual income of $9,445.28		 Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D255
     09/25/2019 2 B   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881650 [REDACTED]         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.           09/11/2019   1 A   FL Primary Purchase Final CD evidences Cure D B D B B B C B Non QM Non QM Yes
207881650 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Not Provided             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B B B C B Non QM Non QM Yes
207881650 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided   Executed security Instrument provided is missing information at the bottom of all pages due to scanning.  Please provide documentation that includes all information all pages.     Reviewer Comment (2019-09-25): Rec'd
 09/25/2019     1 A   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881650 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: 1-4 Family Rider was not provided.   Executed 1-4 family rider provided is missing information at the bottom of all pages due to scanning.  Please provide documentation that includes all information all pages.     Reviewer Comment (2019-09-25): Rec'd
 09/25/2019     1 A   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881650 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881650 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-09-25): Duplicate
 09/25/2019     1 A   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881650 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   FL Primary Purchase   D B D B B B C B Non QM Non QM No
207881651 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verification of existence of business 10 days prior to closing.     Reviewer Comment (2019-09-18): Received post closing document
 09/18/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         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 60.50505% exceeds guideline maximum of 55%     Reviewer Comment (2019-10-07): Allowed $85K [REDACTED] deposit.


Buyer Comment (2019-10-02): UW is now including the $85k and a CRE for missing source documents.  DTI is now within the requirement.
 10/07/2019     1 A   OH Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A C A Non QM Non QM Yes
207881651 [REDACTED]         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 61.01986% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI 60.50505% exceeds guideline maximum of 55%     Reviewer Comment (2019-10-07): Allowed $85K deposit per guidelines.


Buyer Comment (2019-10-02): UW is now including the $85k and a CRE for missing source documents.  DTI is now within the requirement.


Reviewer Comment (2019-10-01): Lender bank statement income worksheet reflects total deposits of $164,321.69 for [REDACTED] and the actual deposits per the [REDACTED] bank statement are $16,421.69; this is what is resulting in the major income calculation discrepancy.  Additionally, the $85,000.00 [REDACTED] transfer on [REDACTED] was not documented as income (source of funds not provided) and was excluded from qualifying.


Buyer Comment (2019-09-27): Where can I find a copy of the calculation that was used for [REDACTED]? How was the $16,421.69 obtained?


Reviewer Comment (2019-09-18): [REDACTED] deposits total was different on worksheet (should be 16,421.69). Also, [REDACTED] $85,000 deposit excluded from income.


Buyer Comment (2019-09-16): Our income is $14,645/mo.  How did you get $6,633.43/mo for income?
 10/07/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy.   Housing ratio calculated 48.41553% exceeds maximum of 40%.  Income Calculation variance. 682 FICO > 660 guideline minimum. Originator Reviewer Comment (2019-10-07): Allowed $85K [REDACTED] deposit.


Buyer Comment (2019-10-02): UW is now including the $85k and a CRE for missing source documents.  DTI is now within the requirement.
 10/07/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI 60.50505% exceeds guideline maximum of 55%.  Income calculation variance. 682 FICO > 660 guideline minimum. Originator Reviewer Comment (2019-10-07): Allowed $85K [REDACTED] deposit.


Buyer Comment (2019-10-02): UW is now including the $85k and a CRE for missing source documents.  DTI is now within the requirement.
 10/07/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         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 maxiimum.     Reviewer Comment (2019-10-07): Allowed $85K [REDACTED] deposit.


Buyer Comment (2019-10-02): UW is now including the $85k and a CRE for missing source documents.  DTI is now within the requirement.
 10/07/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881651 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements use to determine income indicate 1 NSF/Overdrafts.  Missing Lender's statement NSF's/Overdrafts were reviewed for acceptability.     Reviewer Comment (2019-09-18): Received revised 1008 indicating that the UW reviewed the NSFs
 09/18/2019     1 A   OH Primary Purchase   C A C A C A C A Non QM Non QM No
207881654 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-10-10): Blanket policy.


Buyer Comment (2019-10-08): Please see the Certificate of insurance issued by the HOA.  Other policy in file is an HO6 policy.
 10/10/2019     1 A   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing evidence borrower provided prior to closing.  No Assets provided     Reviewer Comment (2019-10-10): Fees in question were POC.


Buyer Comment (2019-10-08): Please review.  The fees in question, were paid outside of closing.
 10/10/2019     1 A   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No change of circumstance for the addition of the IN Title Insurance fee.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   IN Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207881654 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for IN Title Insurance.  Fee Amount of $5.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No change of circumstance for the addition of the IN Title Insurance fee.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   IN 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 B C B C A Non QM Non QM Yes
207881654 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval, D2. Reserve requirements not met. Compensating Factors: 1) Credit Score 2) Residual Income - Unable to waive until funds to close exception has been cleared. Residual income of $4900 exceeds requirement of $1500

FICO of 697 exceeds requirement of 500		 Originator

Originator		 Reviewer Comment (2019-10-13): Okay to proceed per credit exception approval based on compensating factors


Buyer Comment (2019-10-11): Please review.  The condition for Funds to close has been cleared.  It was cleared on [REDACTED]
     10/13/2019 2 B   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. Housing ratio exceeds guidelines due to lower qualifying income for B2. (Used a 2 year average for  [REDACTED] income instead of 1+YTD) Residual income of $4900 exceeds requirement of $1500

FICO of 697 exceeds requirement of 500		 Originator

Originator		 Reviewer Comment (2019-10-13): Exception approval received for DTI


Reviewer Comment (2019-10-10): Reviewed income, DTI now 40.20677%
     10/13/2019 2 B   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing 2 additional comparable property listings as required per guidelines. Residual income of $4900 exceeds requirement of $1500

FICO of 697 exceeds requirement of 500		 Originator

Originator		 Reviewer Comment (2019-10-13): Exception approval for proceeding with missing 2 additional comparables on the appraisal


Buyer Comment (2019-10-11): Exception for remaining conditions
     10/13/2019 2 B   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881654 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for IN Title Insurance.  Fee Amount of $5.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM Yes
207881654 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Master policy provided does not have the Lender information on it.             2 B   IN Primary Refinance - Cash-out - Debt Consolidation   C B C B C B C A Non QM Non QM No
207881660 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Lender did not provide a valid VVOE 10 days prior to closing     Reviewer Comment (2019-10-02): Third party verification of business provided; exception cleared.
 10/02/2019     1 A   VA Investment Purchase   C A C A A A A A N/A N/A No
207881660 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - missing taxes and insurance     Reviewer Comment (2019-10-02): Note for new 2nd Mtg in the file; Taxes, insurance, and P&I on 1st mortgage verified.  Exception cleared.


Buyer Comment (2019-09-28): it's in the file.
 10/02/2019     1 A   VA Investment Purchase   C A C A A A A A N/A N/A No
207881660 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of current housing payment history from  [REDACTED]  for [REDACTED] (per initial and final 1003).     Reviewer Comment (2019-10-08): n/a, was only for 1 month per 1003


Buyer Comment (2019-10-04): The borrower never lived at that residents.
 10/08/2019     1 A   VA Investment Purchase   C A C A A A A A N/A N/A No
207881660 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Funds from the Borrower's business checking and savings accounts may be used for down payment, closing costs and reserves. - Amount used can be no more than 50% of the ending balance, therefore only 50% usability is allowed.     Reviewer Comment (2019-10-08): 100% of business asset can be used


Buyer Comment (2019-10-04): Business funds may be used to satisfy reserves at - the lesser of 100% of the ending balance; or the percent of ownership


Reviewer Comment (2019-10-02): Also, missing verification of EMD.  Copy of check or wire and source of funds not provided.
 10/08/2019     1 A   VA Investment Purchase   C A C A A A A A N/A N/A No
207881660 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Funds from the Borrower's business checking and savings accounts may be used for down payment, closing costs and reserves. - Amount used can be no more than 50% of the ending balance.     Reviewer Comment (2019-10-08): 100% of business asset can be used


Buyer Comment (2019-10-04): Business funds may be used to satisfy reserves at - the lesser of 100% of the ending balance; or the percent of ownership and the borrower owns 100%
 10/08/2019     1 A   VA Investment Purchase   C A C A A A A A N/A N/A No
207881661 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-09-26): Contract provided; exception cleared.
 09/26/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
207881661 [REDACTED]         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 $ [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-09-25): Letter of Explanation & Corrected Closing Disclosure provided
   09/25/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207881661 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Incorrect amount by which Total Closing Costs exceeds limit disclosed on Final CD.     Reviewer Comment (2019-09-25): Attestation provided - fee further outsourced by borrower chosen provider.
 09/25/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207881661 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Archive/Storage.  Fee Amount of $35.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Tolerance exceeded.     Reviewer Comment (2019-09-25): Attestation provided - fee further outsourced by borrower chosen provider.
 09/25/2019     1 A   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 B C B A A Non QM Non QM Yes
207881661 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Secondary valuation product to support value is required for loan amount exceeding $ [REDACTED] . Borrower on this Full documentation loan has a disposable income of $10,737.66 Originator Reviewer Comment (2019-09-26): Rec'd CRE - D199
     09/26/2019 2 B   FL Primary Purchase   D B D B C B A A Non QM Non QM No
207881661 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-09-26): Rec'd VVOE in trailing docs.
 09/26/2019     1 A   FL Primary Purchase   D B D B C B A A Non QM Non QM No
207881662 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   QuitClaim Deed removing ex-wife from vesting at closing is not evident in the file, per letter in file from attorney's office.     Reviewer Comment (2019-09-25): Rec'd Deed in trailing docs; exception cleared.
 09/25/2019     1 A   NC Primary Refinance - Rate/Term   D B D B B B A A Non QM Non QM No
207881662 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing VOM for first mortgage. Mortgage is in  [REDACTED] name and per the file borrower has been making the payments however, VOM is missing. Borrower has employment stability for 9+ years as a [REDACTED] business Owner with same business.

13.67 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D173
     09/25/2019 2 B   NC Primary Refinance - Rate/Term   D B D B B B A A Non QM Non QM No
207881662 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Missing Lender's Approval.     Reviewer Comment (2019-09-25): Rec'd Approval in trailing docs; exception cleared.
 09/25/2019     1 A   NC Primary Refinance - Rate/Term   D B D B B B A A Non QM Non QM No
207881662 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.28340% or Final Disclosure APR of 6.29300% is in excess of allowable threshold of APOR 3.65% + 1.5%, or 5.15000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Refinance - Rate/Term   D B D B B B A A Non QM Non QM No
207881662 [REDACTED]         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. Loan Estimate disclosure dated[REDACTED]as issued on the "With Seller" form, however, all other disclosures were issued on the "Without Seller" form.             2 B   NC Primary Refinance - Rate/Term Good Faith Redisclosure D B D B B B A A Non QM Non QM Yes
207881662 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD does not reflect number months collected under prepaids for county taxes.             2 B   NC Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B B B A A Non QM Non QM Yes
207881666 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Lender cure was $31.90 accommodating the amount exceeding the tolerance limit     Reviewer Comment (2019-09-17): Attestation provided fee further outsourced by borrower chosen provider /  $31.90 cure provided at closing.
 09/17/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207881666 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee paid to a third party vendor not listed on the SSPL.     Reviewer Comment (2019-09-17): $31.90 cure provided at closing.
 09/17/2019     1 A   TX 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
207881666 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Release(s).  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee paid to a third party vendor not listed on the SSPL.     Reviewer Comment (2019-09-17): Attestation provided fee further outsourced by borrower chosen provider.
 09/17/2019     1 A   TX 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
207881666 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Monthly housing payment decreasing by $265.96 a month.  Housing payment shock is -17.51%

46.2 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-18): Rec'd CRE - D163
     09/18/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207881666 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-09-18): Rec'd third party internet listing for business in trailing docs; exception cleared.
 09/18/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207881666 [REDACTED]         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 Title - Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. $31.90 cure provided at closing.         09/17/2019   1 A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
207881667 [REDACTED]         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 [REDACTED] 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. Calculating Cash to Close reported cash to borrower amount of $ [REDACTED]  versus $ [REDACTED]  reported in the Summaries of Transactions.             2 B   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
207881667 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Lender exception provided citing strong compensating factors. 776 credit score exceeds program max of 720 by 56 points.

31.36223%% DTI on this Platinum 12 Mo Personal bank statement documentation loan < 55% guideline max - 23.63777% below program guideline maximum

56.88534% LTV < 70% guideline max

Borrower on this Platinum 12 Mo Personal bank statement documentation loan has a disposable income of $29,327.36.		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-09-12): CE D216
       2 B   CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207881667 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of the 2 required listing comparables were provided on the 1004 provided from [REDACTED]. 776 credit score exceeds program max of 720 by 56 points.

31.36223%% DTI on this Platinum 12 Mo Personal bank statement documentation loan < 55% guideline max - 23.63777% below program guideline maximum

56.88534% LTV < 70% guideline max

Borrower on this Platinum 12 Mo Personal bank statement documentation loan has a disposable income of $29,327.36.		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd CRE - D222/223
     09/20/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207881667 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   [REDACTED]  bank statement for account ending  [REDACTED]  used for [REDACTED] business bank statement income calculation was not provided. 776 credit score exceeds program max of 720 by 56 points.

31.36223%% DTI on this Platinum 12 Mo Personal bank statement documentation loan < 55% guideline max - 23.63777% below program guideline maximum

56.88534% LTV < 70% guideline max

Borrower on this Platinum 12 Mo Personal bank statement documentation loan has a disposable income of $29,327.36.		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd CRE - D222/223
     09/20/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207881667 [REDACTED]         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 $835.00 exceeds tolerance of $815.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided.         09/12/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207881672 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Missing 2nd review     Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MO Investment Purchase   C A A A     C A     No
207883197 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Investment Purchase   C A A A     C A     No
207883198 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Investment Purchase   C A A A     C A     No
207883199 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-08): Rec'd updated title commitment with sufficient coverage.
 10/08/2019     1 A   IL Investment Refinance - Cash-out - Other   C A C A     A A     No
207883200 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Articles of Organization/Formation not provided         Reviewer Comment (2019-09-25): Rec'd Articles of Org. in trailing docs; exception cleared..


Buyer Comment (2019-09-20): [REDACTED] is the parent company to [REDACTED].


Reviewer Comment (2019-09-18): Required Articles have not been provided.  Exception remains


Reviewer Comment (2019-09-17): Rec'd Articles of Org for [REDACTED]; Missing Articles for [REDACTED]; exception remains.
 09/25/2019     1 A   FL Investment Purchase   C A C A     C A     No
207883200 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Certificate of Good Standing not provided         Reviewer Comment (2019-09-25): Rec'd Certificate of Good Standing in trailing docs; exception cleared.


Reviewer Comment (2019-09-18): Certificate of Good Standing provided is for [REDACTED].  Borrowing entity is [REDACTED].
 09/25/2019     1 A   FL Investment Purchase   C A C A     C A     No
207883200 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A C A     C A     No
207883202 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207883290 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit was not exceeded as per CD.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207883290 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Normal and customary fee paid in the state of Texas for real estate transactions.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   TX 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
207883290 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy.   Minimum credit score for maximum 80% LTV cash out refinance is 620. Borrower's mid score is  [REDACTED] . Lender exception not provided.     Reviewer Comment (2019-09-19): Rec'd Broker Credit Report with 628 qualifying FICO used for qualifying Borrower.


Buyer Comment (2019-09-17): Uploaded updated 1008 and Broker Credit Report and note NO CRE is needed as we ONLY update the 1008 with this Information..Thanks
 09/19/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
207883290 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM Yes
207883294 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) Borrower paid endorsement fees at closing, however a breakdown of the endorsement fees was not provided.             2 B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B B B C B A A Non QM Non QM No
207883294 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit was not exceeded as per CD.     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/01/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207883294 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Normal and customary fee paid in the state of Texas for real estate transactions.     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/01/2019   2 B   TX 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 B B C B A A Non QM Non QM Yes
207883294 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   TX Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM No
207883294 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-01): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/01/2019   2 B   TX Primary Refinance - Cash-out - Other   C B B B C B A A Non QM Non QM Yes
207883295 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-09-19): Rec'd third party verification
 09/19/2019     1 A   AL Primary Purchase   C A C A A A A A Non QM Non QM No
207883295 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy.         Reviewer Comment (2019-09-25): Qualified using Broker Credit score; Rec'd Broker CBR and 1008.


Buyer Comment (2019-09-23): Re-uploaded Broker CR and updated 1008


Reviewer Comment (2019-09-19): Nothing additional provided.
 09/25/2019     1 A   AL Primary Purchase   C A C A A A A A Non QM Non QM No
207883296 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207883296 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower. Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/27/2019     1 A   TX 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 C A Non QM Non QM Yes
207883296 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score of 2.0
 10/24/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207883296 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-27): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/27/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207883299 [REDACTED]         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. Delivery date [REDACTED], completion date [REDACTED].     Reviewer Comment (2019-09-19): Preliminary report delivered on [REDACTED] and [REDACTED]; no proof of delivery of revised report dated [REDACTED]
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification, Address:  [REDACTED]     Reviewer Comment (2019-09-19): Rec'd Lender attestation of no HOA; verified via RedFin, [REDACTED], and [REDACTED] no HOA fees reflected for property.
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         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. Proof of delivery of AVM product was not provided.             2 B   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification, [REDACTED]     Reviewer Comment (2019-09-19): Rec'd Lender attestation of no HOA; verified via RedFin, [REDACTED], and [REDACTED] no HOA fees reflected for property.
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification,  [REDACTED]     Reviewer Comment (2019-09-19): Rec'd Lender attestation of no HOA; verified via RedFin, [REDACTED], and [REDACTED] no HOA fees reflected for property.
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification,  [REDACTED]     Reviewer Comment (2019-09-19): Property sold prior to closing.
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   MIssing P&I statement  [REDACTED]     Reviewer Comment (2019-09-19): Property sold prior to closing.


Buyer Comment (2019-09-17): Property sold the day before closing on subj.
 09/19/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883299 [REDACTED]         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. Missing proof of delivery of revised appraisal report dated [REDACTED].             2 B   CA Investment Refinance - Cash-out - Other   C C C A B B C C N/A N/A No
207883302 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification  [REDACTED]     Reviewer Comment (2019-09-30): Rec'd Borrower attestation letter of no HOA and HOI verification in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Please review the list of HOAs in [REDACTED].  This subject property is in the [REDACTED], which is not on the list of HOAs.
 09/30/2019     1 A   WA Investment Purchase   C A C A A A C A N/A N/A No
207883302 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing Insurance verification [REDACTED]     Reviewer Comment (2019-09-30): Rec'd Borrower attestation letter of no HOA and HOI verification in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Please review the list of HOAs in [REDACTED].  This subject property is in the [REDACTED], which is not on the list of HOAs.  Also, there is a handwritten accounting of monthly fee for [REDACTED] (by the borrower) that shows no HOA fees.
 09/30/2019     1 A   WA Investment Purchase   C A C A A A C A N/A N/A No
207883302 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   WA Investment Purchase   C A C A A A C A N/A N/A No
207883302 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Rec'd Borrower attestation letter; Missing tax verification for property  [REDACTED]     Reviewer Comment (2019-10-10): Rec'd tax cert in trailing docs; exception cleared.
 10/10/2019     1 A   WA Investment Purchase   C A C A A A C A N/A N/A No
207883302 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Rec'd Borrower attestation letter; Missing tax verification for property [REDACTED]     Reviewer Comment (2019-10-10): Rec'd tax cert in trailing docs; exception cleared.
 10/10/2019     1 A   WA Investment Purchase   C A C A A A C A N/A N/A No
207883303 [REDACTED]         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 $1,265.00 on Final Closing Disclosure provided on [REDACTED] not accurate. The appraisal reflects annual HOA dues of $ [REDACTED] .     Reviewer Comment (2019-10-02): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Reviewer Comment (2019-10-01): The issue is not the number of months, but rather the monthly amount. It appears the Lender used a rounded up figure.  The annual HOA dues are $1375 or $114.58 per month.  To cure a Corrected CD and LOE to the Borrower is required.


Buyer Comment (2019-09-28): We used 11 months per CFPB we can use 11 or 12 months and [REDACTED] chose 11
   10/02/2019   2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207883303 [REDACTED]         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.           09/14/2019   1 A   GA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207883303 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not reported on Final CD.             2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207883303 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Third Party prepared documentation confirming borrower's expense ratio     Reviewer Comment (2019-10-07): Received


Reviewer Comment (2019-10-02): Nothing provided; missing third party prepared expense ratio statement; Lender sis not qualify using standard 50% ratio.  Exception remains EV3.
 10/07/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207883303 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing verification of existence of borrower's business dated within 10 calendar days prior to, or any time after closing.     Reviewer Comment (2019-10-02): Rec'd third party verification in trailing docs; exception cleared.
 10/02/2019     1 A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
207883304 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Estimate to build per 1004 is $ [REDACTED] . hazard policy is 100% replacement cost up to $ [REDACTED]  policy is short $ [REDACTED]  in coverage.     Reviewer Comment (2019-09-20): Rec'd Replacement Cost Estimator in trailing docs; exception cleared.
 09/20/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207883304 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Payment shock of 306.71% exceeds the maximum of 250%. Borrower and Co-borrower has employment stability for 10 years as Owners of [REDACTED]

Borrowers on this 12 Mo Business bank statement documentation loan have a disposable income of $11,241.10		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd CRE - D209/210
     09/20/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207883304 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required per guidelines. Borrower and Co-borrower has employment stability for 10 years as Owners of [REDACTED]

Borrowers on this 12 Mo Business bank statement documentation loan have a disposable income of $11,241.10		 Originator

Originator		 Reviewer Comment (2019-09-20): Rec'd CRE - D209/210
     09/20/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207883305 [REDACTED]         Compliance Compliance State Compliance Maryland Mortgage Lending Regulations (Tangible Net Benefit Worksheet Not Provided) Maryland Mortgage Lending Regulations: Net Tangible Benefit Worksheet not provided to borrower.               2 B   MD Primary Refinance - Rate/Term   C B B B C B C A Non QM Non QM No
207883305 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $1 [REDACTED] ($ [REDACTED]  Title - Title Search fee not previously disclosed to the borrower, and $ [REDACTED]  increase in transfer taxes)     Reviewer Comment (2019-09-26): Letter of Explanation & Corrected Closing Disclosure provided.
   09/26/2019   2 B   MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207883305 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-26): Evidence initial LE was sent via [REDACTED] was provided.


Buyer Comment (2019-09-25): Correct which was on a [REDACTED] and we don't count the weekends which was on [REDACTED]. LE was sent out on [REDACTED] (was the 3rd day) which is w/in 3 days in which the LE was sent.


Reviewer Comment (2019-09-24): Loan App date is[REDACTED]Borrower received initial LE on [REDACTED].  Exception stands.
 09/26/2019     1 A   MD Primary Refinance - Rate/Term   C B B B C B C A Non QM Non QM No
207883305 [REDACTED]         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 $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a shopped vendor not listed on SSPL.     Reviewer Comment (2019-09-24): [REDACTED] received an attestation Borrower chosen provider.


Buyer Comment (2019-09-23): On the Service Provider List the vendor Bwr choose will not be listed only the provider we chose, but Bwr choose different


Buyer Comment (2019-09-23): Bwr can choose who they want for this fee--see TD uploaded
 09/24/2019     1 A   MD Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207883305 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. No change of circumstance or tolerance cure in file.     Reviewer Comment (2019-09-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   09/26/2019   2 B   MD Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207883305 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approval granted for reserves - credit score & stable employment history compensating factors Credit Score -  729 representative credit score is greater than 660 guideline minimum.

Stable Employment History - Borrower has owner her own business for over six years and been in the same industry for forty years.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-13): Program exception granted supported by listed compensating factors.
     09/13/2019 2 B   MD Primary Refinance - Rate/Term   C B B B C B C A Non QM Non QM No
207883305 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   MD Primary Refinance - Rate/Term   C B B B C B C A Non QM Non QM No
207883305 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.     Reviewer Comment (2019-09-26): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   09/26/2019   2 B   MD Primary Refinance - Rate/Term   C B B B C B C A Non QM Non QM Yes
207883308 [REDACTED]         Credit Asset Asset Eligibility Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines   6.3% Seller concessions paid by Builder on new construction > 6% maximum allowed.  CRE in file(D0200) with verified compensating factors. Borrower on this Bank Statement documentation loan has a disposable income of $5,882.43

Credit History 0 x 30, 60, 90 late payments reported 2/1994 to [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-09-13): Exception approval provided with compensating.
     09/13/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         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 (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit not provided by the Lender.     Reviewer Comment (2019-10-09): Tolerance exceptions are addressed. Exception Cleared.
 10/09/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207883308 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. TRID zero percent tolerance violation without sufficient cure provided.     Reviewer Comment (2019-10-09): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 10/09/2019     1 A   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
207883308 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller -  Cash To Close TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures. All costs entered per disclosure.     Reviewer Comment (2019-10-09): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 10/09/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207883308 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   Missing signed final Closing Disclosure verifying final sale of departure residence  [REDACTED]  prior to[REDACTED], payoff of 1st and 2nd mortgage loans and net proceeds to Borrower as a result of sale.  Loan file contains an unsigned Closing Disclosure.     Reviewer Comment (2019-10-08): Rec'd signed Final Seller CD for sale of departure residence; exception cleared.
 10/08/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   $ [REDACTED]  verified assets < $ [REDACTED]  required to be verified.   Missing signed final Closing Disclosure verifying final sale of departure residence  [REDACTED]  prior to[REDACTED], payoff of 1st and 2nd mortgage loans and net proceeds to Borrower as a result of sale.  Loan file contains an unsigned Closing Disclosure.     Reviewer Comment (2019-10-02): Rec'd Final signed CD for sale of departure residence; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing recent 12 months bank statements or cancelled checks for 2nd mortgage secured by departure residence.  Recent 12 months  [REDACTED]  statements only verify  [REDACTED] 1st mortgage payments.   1003 discloses a $ [REDACTED]  2nd mortgage payment secured by departure residence, Liabilities section of 1003 does not disclose any information regarding Lender.     Reviewer Comment (2019-10-02): [REDACTED] reflects both mortgage payments made monthly - 12 months verification of each mortgage monthly payment verified through bank statements [REDACTED].
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         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.       Reviewer Comment (2019-10-02): Disclosure tracking with verification of date provided and date rec'd is ing the file; exception cleared on compliance re-run.
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.16570% or Final Disclosure APR of 5.43000% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-10-02): Disclosure tracking with verification of date provided and date rec'd is ing the file; exception cleared on compliance re-run.
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         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.       Reviewer Comment (2019-10-02): Disclosure tracking with verification of date provided and date rec'd is ing the file; exception cleared on compliance re-run.


Buyer Comment (2019-09-28): Appraisal was sent to borrower on [REDACTED]
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing verification 4 months PITI reserves under Platinum program.  Missing signed final Closing Disclosure verifying final sale of departure residence  [REDACTED]  prior to[REDACTED], payoff of 1st and 2nd mortgage loans and net proceeds to Borrower as a result of sale.  Loan file contains an unsigned Closing Disclosure.     Reviewer Comment (2019-10-02): Rec'd Final signed CD for sale of departure residence; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207883308 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-10-09): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   10/09/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207883314 [REDACTED]         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 (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207883315 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Lien(s) negatively impacting title   Missing copy of Satisfaction/Release for items #8, #9 and #10 judgements per title commitment.   Title commitment and or supplement no in file stating that items #8, #9 and #10 judgements will not appear on final title policy or as an exception on Schedule B II - Not shown on final CD     Reviewer Comment (2019-10-08): Rec'd Final Title policy in trailing docs; exception cleared.
 10/08/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207883315 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-08): Rec'd Final Title policy in trailing docs; exception cleared.
 10/08/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207883315 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of monthly or annual HOA for  [REDACTED] .  Evidence HOA fee not required or Borrower's signed attestation letter stating no HOA fees are required is not in file.     Reviewer Comment (2019-09-26): Rec'd verification of no HOA fees; exception cleared.


Buyer Comment (2019-09-24): This is in the same neighborhood as our Subj Prop; no HOA
 09/26/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207883315 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-sign Consent Agreement dated  [REDACTED] after  [REDACTED]  Initial Loan Estimate dated  [REDACTED] e-signed  [REDACTED]     Reviewer Comment (2019-09-25): Document 222 confirms Initial LE was also sent via [REDACTED] thus e-delivery N/A
 09/25/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207883315 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. E-sign Consent Agreement dated  [REDACTED]  after  [REDACTED]  Initial Loan Estimate dated  [REDACTED]  e-signed [REDACTED]     Reviewer Comment (2019-09-25): Document 222 confirms Initial LE was also sent via [REDACTED] thus e-delivery N/A
 09/25/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C A C A C A A A Non QM Non QM No
207883315 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses Lender's 95.25 cure credit for tolerance         09/16/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
207883315 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing verification of monthly or annual HOA for  [REDACTED] .   Evidence HOA fee not required or Borrower's signed attestation letter stating no HOA fees are required is not in file.     Reviewer Comment (2019-09-26): Rec'd verification of no HOA fees; exception cleared.
 09/26/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207883316 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Final Consumer CD disclosed 12 months $ [REDACTED] .  Calculated value  [REDACTED]  monthly x 12 months = $ [REDACTED] .             2 B   CA Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207883316 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
207883316 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
207883316 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE CoBorrower was not provided within 10 days of closing or post closing.     Reviewer Comment (2019-09-23): Rec'd VVOE
 09/23/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B B B C A Non QM Non QM No
207883318 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Purchase Agreement / Sales Contract not provided         Reviewer Comment (2019-10-01): Purchase Agreement has been provided.
 10/01/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Insufficient documentation to determine rental payment history of 1 x 30 x 12 required by guidelines.    [REDACTED] payment was not evidenced on the pay history.     Reviewer Comment (2019-10-01): Guidelines allow for 1X30 in the past 12 months.  History acceptable even without evidence of the [REDACTED] payment.


Buyer Comment (2019-10-01): Portfolio Select guides allow 1x30 per the Matrix. Please clear
 10/01/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         Credit Credit Credit Documentation Purchase contract date not provided.   Purchase contract was not provided.     Reviewer Comment (2019-10-01): Contract has been provided.


Buyer Comment (2019-09-28): Contract date is located on the contract
 10/01/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.97840% or Final Disclosure APR of 7.15100% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-10-01): Purchase contract has been provided.
 10/01/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         Compliance Compliance Federal Compliance Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. Purchase contract was not provided.     Reviewer Comment (2019-10-01): Contract date has been provided.
 10/01/2019     1 A   FL Primary Purchase   D A D A C A C A Non QM Non QM No
207883318 [REDACTED]         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 CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.     Reviewer Comment (2019-10-01): Situs[REDACTED] received required documents, exception is cleared.
 10/01/2019     1 A   FL Primary Purchase No Defined Cure D A D A C A C A Non QM Non QM No
207883319 [REDACTED]         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.       Reviewer Comment (2019-09-26): Borrower signed acknowledgement at closing
 09/26/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883319 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing 2 additional comparable property listings. 15.67102% DTI on this Bank Statement documentation loan < 55% guideline max

44.8 months reserves > 4 months guideline minimum - borrowers have verified reserves of $67,317.06		 Originator

Originator		 Reviewer Comment (2019-09-26): Received Credit Risk Summary & Exception Approval. Missing 2 additional comparable listings for the Appraisal report. Compensating Factors: 1) DTI. 2) Payment Shock. 3) Reserves.
     09/26/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883319 [REDACTED]         Credit Credit Credit Documentation Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing verification of borrower's primary housing payment history. 15.67102% DTI on this Bank Statement documentation loan < 55% guideline max

44.8 months reserves > 4 months guideline minimum - borrowers have verified reserves of $67,317.06		 Originator

Originator		 Reviewer Comment (2019-09-26): Received Credit Risk Summary & Exception Approval. Missing verification of mortgage payment history. Compensating Factors: 1) DTI. 2) Payment Shock. 3) Reserves.
     09/26/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883319 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing evidence  properties are owned free and clear of any existing liens.     Reviewer Comment (2019-09-26): verified through insurance documents
 09/26/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883319 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing evidence properties are owned free and clear of any existing liens.     Reviewer Comment (2019-09-26): verified through insurance documents
 09/26/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883319 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Investment Refinance - Cash-out - Other   C B C B B A A A N/A N/A No
207883797 [REDACTED]         Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.               2 B   NV Primary Purchase   C B A A C B A A Non QM Non QM No
207883797 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-13): [REDACTED] received E consent. Exception Cleared.
 09/13/2019     1 A   NV Primary Purchase   C B A A C B A A Non QM Non QM No
207883797 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. Missing esign consent in file when LE, CD and disclosures were esigned     Reviewer Comment (2019-09-13): [REDACTED] received E consent. Exception Cleared.
 09/13/2019     1 A   NV Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207883797 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Total cure remaining $1768.78     Reviewer Comment (2019-09-13): Tolerance exceptions are addressed. Exception Cleared.
 09/13/2019     1 A   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207883797 [REDACTED]         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. CD should've sent by [REDACTED]     Reviewer Comment (2019-09-13): [REDACTED] received [REDACTED] CD. Exception Cleared.
 09/13/2019     1 A   NV Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207883797 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. No cure to borrower     Reviewer Comment (2019-09-13): [REDACTED] received [REDACTED] CD, [REDACTED]5 LE, and COC. Exception Cleared.
 09/13/2019     1 A   NV 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
207883797 [REDACTED]         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 $27.74 exceeds tolerance of $26.00.  Insufficient or no cure was provided to the borrower. No cure to borrower     Reviewer Comment (2019-09-13): [REDACTED] received [REDACTED] CD, [REDACTED]5 LE, and COC. Exception Cleared.
 09/13/2019     1 A   NV 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
207883797 [REDACTED]         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 $27.74 exceeds tolerance of $26.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/13/2019   1 A   NV Primary Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207884405 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): Cu score of 2.0
 10/20/2019     1 A   FL Investment Refinance - Cash-out - Other   C A A A     C A     No
207884407 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score of 2.1


Reviewer Comment (2019-10-20): Nothing provided
 10/24/2019     1 A   FL Investment Purchase   C A A A     C A     No
207885152 [REDACTED]         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.       Reviewer Comment (2019-10-04): Ack of Appraisal receipt executed at closing provided in trailing docs; exception cleared on compliance re-run.
 10/04/2019     1 A   LA Primary Purchase   C A A A C A C A Non QM Non QM No
207885152 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.26400% or Final Disclosure APR of 9.40900% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-10-04): Ack of Appraisal receipt executed at closing provided in trailing docs; exception cleared on compliance re-run.
 10/04/2019     1 A   LA Primary Purchase   C A A A C A C A Non QM Non QM No
207885152 [REDACTED]         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.       Reviewer Comment (2019-10-04): Ack of Appraisal receipt executed at closing provided in trailing docs; exception cleared on compliance re-run.
 10/04/2019     1 A   LA Primary Purchase   C A A A C A C A Non QM Non QM No
207885152 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   LA Primary Purchase   C A A A C A C A Non QM Non QM No
207885153 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C A A A A A C A Non QM Non QM No
207885154 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Closing Date on Final CD of 08 does not match             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207885154 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Interest Percentage TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. Total Interest Percent on Final CD does not match that of the loan.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207885154 [REDACTED]         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 $150.00 exceeds tolerance of $125.00.  Sufficient or excess cure was provided to the borrower at Closing. Tolerance exceeded.         09/16/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207885154 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required. Borrower on this Platinum 12 Mo Business bank statement documentation loan has a disposable income of $21,657.75

13.8 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-09-19): Rec'd CRE - D184
     09/19/2019 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207885155 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing executed 4506-T for co-borrower.     Reviewer Comment (2019-10-10): received 4506T for co-borrower


Reviewer Comment (2019-10-08): Rec'd open corporates web listing for company that also reflects an additional Officer/Director; still missing verification of borrower's ownership percentage.  Exception remains.


Buyer Comment (2019-10-04): Please note Bwr is [REDACTED] and has ownership this is a personal bank statement loan and all info is in file to show this information. Thank you


Reviewer Comment (2019-10-02): Rec'd CPA letter, indicating Borrower is an Owner, and [REDACTED] listing of which neither confirm Borrower's ownership percentage of the company, [REDACTED], Inc; exception remains.


Reviewer Comment (2019-09-27): Missing proof of ownership percentage for [REDACTED].
 10/10/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing mortgage statement for [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd First payment letter in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Even though I sent in Taxes for this property the Bwr escrowed so dis-regard info
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         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 $110.00 on Final Closing Disclosure provided on [REDACTED] not accurate. The CD reflects $110, whereas the appraisal reflects annual HOA dues of $105.     Reviewer Comment (2019-10-09): Letter of Explanation & Corrected Closing Disclosure provided.
   10/09/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207885155 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $2.00     Reviewer Comment (2019-10-09): Letter of Explanation & Corrected Closing Disclosure provided.
   10/09/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207885155 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The fee was not previously disclosed to the borrower.     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.
   10/09/2019   2 B   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
207885155 [REDACTED]         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. The seller's CD reflects $ [REDACTED] , whereas the borrower's CD reflects $ [REDACTED] .     Reviewer Comment (2019-10-09): See newly added exception for cure.
 10/09/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing VVOE dated within 10 calendar days prior to, or any time after closing, for the coborrower.     Reviewer Comment (2019-09-27): Rec'd VVOE in trailing docs; exception cleared.
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of taxes for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd tax cert in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Dis-regard
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of homeowner's insurance for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd FPL in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Bwr escrowed see prev upload
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of HOA for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd verification of no HOA fees in trailing docs; exception cleared.
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing mortgage statement for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd mortgage stmt in trasiling docs; exception cleared.


Buyer Comment (2019-09-25): Bwr escrowed so dis-regard tax info uploaded
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing property taxes for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd tax cert in trailing docs; exception cleared.


Buyer Comment (2019-09-25): Dis-regard see prev uploaded as Bwr escrowed
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing hazard insurance for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd Mortgage statement with taxes and insurance escrowed; exception cleared.


Buyer Comment (2019-09-25): Bwr escrowed see prev upload
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of HOA for  [REDACTED] .     Reviewer Comment (2019-09-27): Rec'd verification and Lender attestation of no HOA fees; exception cleared.
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of PITIA for  [REDACTED] .  Borrower was qualified using the payments from the credit report.  DTI subject to change.     Reviewer Comment (2019-09-27): Rec'd; exception cleared.
 09/27/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         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. Per the Disclosure Tracking in file, the appraisal was mailed to the borrower[REDACTED] Using the mailbox rule, the presumed date of receipt is[REDACTED]which is not 3 business days prior to consummation.     Reviewer Comment (2019-10-08): At closing, Borrower signed acknowledgment of receipt of all valuations at least 3 business days prior to closing; signed acknowledgment is in the file.
 10/08/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.87500% or Final Disclosure APR of 8.89100% is in excess of allowable threshold of APOR 3.79% + 2.5%, or 6.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-10-08): At closing, Borrower signed acknowledgment of receipt of all valuations at least 3 business days prior to closing; signed acknowledgment is in the file.


Buyer Comment (2019-10-03): Please advise: We count [REDACTED] which is 3 Business days


Reviewer Comment (2019-10-02): [REDACTED] was not 3 Business days prior to closing; exception remains.


Buyer Comment (2019-09-30): Hi...If the presumed dated is [REDACTED] as you stated above..you have [REDACTED]. Loan closed [REDACTED] which is 3 days prior to loan closing? please advise..Thank you


Reviewer Comment (2019-09-27): Appraisal presumed rec'd date of [REDACTED] is not at least 3 Business days prior to closing on [REDACTED]; exception remains.
 10/08/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         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. Per the Disclosure Tracking in file, the appraisal was mailed to the borrower[REDACTED] Using the mailbox rule, the presumed date of receipt is[REDACTED]which is not 3 business days prior to consummation.     Reviewer Comment (2019-10-08): At closing, Borrower signed acknowledgment of receipt of all valuations at least 3 business days prior to closing; signed acknowledgment is in the file.


Reviewer Comment (2019-09-27): Presumed rec'd date of [REDACTED] is not at least 3 Business days prior to closing on [REDACTED]; exception remains.


Buyer Comment (2019-09-24): Loan closed [REDACTED]
 10/08/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207885155 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided.     Reviewer Comment (2019-10-09): Letter of Explanation, refund check  & Corrected Closing Disclosure provided.
   10/09/2019   2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM Yes
207885156 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing full 12 months bank statements.  [REDACTED]  business bank statement is missing from the file.     Reviewer Comment (2019-09-20): Rec'd [REDACTED] bank statement; exception cleared.
 09/20/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207885156 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Business bank statements reflect 5 Overdraft activity in a 12 month period. Verification activity reviewed by underwriter for acceptability is not evident in the file.     Reviewer Comment (2019-09-20): 1008 provided indicated UW reviewed NSF's/Overdrafts and determined file acceptable with NSF/Overdraft activity; exception cleared.
 09/20/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207885156 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Monthly escrow payment of $ [REDACTED]  does not match total prepaid amount of $ [REDACTED] .             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207885156 [REDACTED]         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 $700.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/16/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
207885156 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Closing Funds were not sufficiently verified. Missing verification of 100% ownership of business in order to use business funds is not evident in the file.  [REDACTED] bank accounts  [REDACTED]  are held jointly with a non-borrowing, non-spouse  however, cannot be considered due to letter is obtained from the non-borrowing, non-spouse stating the applicant has 100% access to the account is not evident in the file.     Reviewer Comment (2019-10-15): updated input


Reviewer Comment (2019-10-09): Per Lender's guidelines dated [REDACTED], Section 19.3, Assets, Platinum allows no more than 50.00% of the ending balance to be used for down payment, closing cost and reserves. Exception remains.


Reviewer Comment (2019-10-04): Nothing additional provided; using 100% of [REDACTED] per letter provided and max of 50% for business funds.  Exception remains EV3.  Borrower is short $107,603.34.


Reviewer Comment (2019-09-20): Borrower is short $107,603.34 funds to close; Platinum Bank statement program only allows business funds to be used at max of 50%.
 10/15/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207885156 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing and or post closing is not evident in the file. Verification in the file reflects business name of  [REDACTED] . however, business name on final 1003 and business checking account is  [REDACTED] .     Reviewer Comment (2019-10-04): Rec'd third party verification in trailing docs; exception cleared.
 10/04/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207885156 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Reserve requirements not met per program guidelines.  [REDACTED]  bank accounts  [REDACTED]  are held jointly with a non-borrowing, non-spouse  however, cannot be considered due to letter is obtained from the non-borrowing, non-spouse stating the applicant has 100% access to the account is not evident in the file.     Reviewer Comment (2019-10-10): Updated percentage of usage based on CPA letter


Reviewer Comment (2019-10-04): Nothing additional provided.


Reviewer Comment (2019-09-20): No verified reserves and borrower is short funds to close; Platinum Bank statement program only allows business funds to be used at max of 50%.
 10/10/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207885158 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): FreddieMac R&W Relief Eligible
 10/20/2019     1 A   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - File is missing tax verification for REO property  [REDACTED] .     Reviewer Comment (2019-09-27): Received tax info
 09/27/2019     1 A   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% tolerance violations $95.00 was not provided.     Reviewer Comment (2019-09-25): Tolerance exceptions are addressed. Exception Cleared.
 09/25/2019     1 A   VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207885158 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney Review Fee.  Fee Amount of $95.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Attorney's Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-25): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 09/25/2019     1 A   VA 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
207885158 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Business bank statements reflected 5 NSF/Overdraft activity within last 12 months. Evidence that the NSF and or overdraft activity has been reviewed by underwriter for acceptability is missing from the file.     Reviewer Comment (2019-09-27): Received revised 1008 stating NSF/Overdraft activity was reviewed
 09/27/2019     1 A   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         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.               2 B   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-10-03): Rec'd VOE completed through CPA in trailing docs; exception cleared.
 10/03/2019     1 A   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   File is missing insurance verification for REO property [REDACTED] .     Reviewer Comment (2019-09-27): n/a - property owned free and clear


Buyer Comment (2019-09-24): Note: Free and clear property does not require proof of HOI.  Please clear.
 09/27/2019     1 A   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885158 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Minimum FICO score of 660 for Business Bank Statement program has not been met per guidelines. 31.44628% DTI on this Bank Statement documentation loan < 55% guideline max

Borrower has job stability for 23 years as [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-09-27): Received Credit Risk Summary & Exception Approval.
     09/27/2019 2 B   VA Primary Purchase   C B C B C B C A Non QM Non QM No
207885159 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Initial 1003 lists a [REDACTED]  account for which statements haven't been provided and  [REDACTED]  balance amounts greater than the most recent  [REDACTED]  statement provided by $ [REDACTED] . Documentation provided does not verify sufficient funds to cover funds to close and reserves.     Reviewer Comment (2019-10-11): Reviewed bank statement and total deposits of $37,030.71 are all documented on bank statement and are acceptable; assets are sufficient.


Buyer Comment (2019-10-09): Closing figures changed at closing


Reviewer Comment (2019-10-09): Received [REDACTED] updated through[REDACTED]. Account [REDACTED] reflects a deposit of $37,030.71, which exceeds 50% of the Borrower's gross monthly income. Please provide acceptable source of funds for this deposit.


Buyer Comment (2019-10-07): It appears as the Brwr was given credit for the Beginning balance and not the Ending Balance. I show sufficient assets when adding all of the [REDACTED], EMD, and Selling Agent Credit. There were no reserves for this file. Please review.


Reviewer Comment (2019-10-04): Selling agent credit per final signed closing statement included in funds for closing; Borrower is still short $11,308.86.  Exception remains EV3.


Buyer Comment (2019-10-01): Brwr received a Selling Agent Credit of $13,950.00 at closing.  Please see page 2 of the Settlement Stmt.


Reviewer Comment (2019-09-26): Available for Closing is insufficient to cover Cash From Borrower.
Cash from Borrower of $54,682.32 is greater than the entered qualifying Assets of $29,423.46; Proof of liquidation of stock funds from [REDACTED] account not provided; unable to use for closing funds.


Reviewer Comment (2019-09-26): Proof of liquidation not provided


Reviewer Comment (2019-09-23): Rec'd [REDACTED] statement.
 10/11/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided.     Reviewer Comment (2019-09-23): Rec'd VVOE


Buyer Comment (2019-09-18): This was done on [REDACTED].
 09/23/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-09-23): Rec'd VVOE
 09/23/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         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. Third party verification of employment not provided and insufficient funds verified for funds to close and reserves.     Reviewer Comment (2019-09-26): Third party verification of Borrower's business has been provided.
 09/26/2019     1 A   WA Primary Purchase Lender to provide updated ATR/QM status C B C A C B C A Non QM Non QM Yes
207885159 [REDACTED]         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. Third party verification of employment not provided and insufficient funds verified for funds to close and reserves.     Reviewer Comment (2019-09-26): Third party verification of Borrower's business has been provided.
 09/26/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Third party verification of employment not provided and insufficient funds verified for funds to close and reserves.     Reviewer Comment (2019-09-26): Third party verification of Borrower's business has been provided.
 09/26/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885159 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller paid fees not disclosed on buyer's CD.     Reviewer Comment (2019-09-20): Letter of Explanation & Corrected Closing Disclosure provided
   09/20/2019   1 A   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207885159 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Seller CD not provided. An unsigned estimated master statement dated  [REDACTED]  provided.             2 B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207885159 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Insufficient funds verified for funds to close and reserves.     Reviewer Comment (2019-09-23): Rec'd evidence of sufficient funds to close / reserves.
 09/23/2019     1 A   WA Primary Purchase   C B C A C B C A Non QM Non QM No
207885160 [REDACTED]         Compliance Compliance State Compliance Virginia Mortgage Lender and Broker Act (Dual Agency Compensation Without Notice) Virginia Mortgage Lender and Broker Act:  Mortgage broker also acting as agent has received compensation from the borrower without providing a written agreement to the borrower.               2 B   VA Primary Purchase   C B C A C B A A Non QM Non QM No
207885160 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-09-26): Tolerance exceptions are addressed. Exception Cleared.
 09/26/2019     1 A   VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207885160 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Not in file.             2 B   VA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207885160 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Insurance Binder Fee.  Fee Amount of $65.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-09-26): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 09/26/2019     1 A   VA 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
207885160 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-09-27): Rec'd Borrower attestation of non-ownership of [REDACTED] and Property History report for tax verification on [REDACTED].  Exception cleared.


Buyer Comment (2019-09-25): Tax amt. of $973.20 is on page 3 of Prop [REDACTED] on the Real Estate Report
 09/27/2019     1 A   VA Primary Purchase   C B C A C B A A Non QM Non QM No
207885160 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Third party verification of the existence of borrower's business completed within 10 days of closing.     Reviewer Comment (2019-09-27): Rec'd Third party verification in trailing docs; exception cleared.
 09/27/2019     1 A   VA Primary Purchase   C B C A C B A A Non QM Non QM No
207885160 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception added upon receipt of Borrower attestation; Missing corrected Final 1003 with  [REDACTED]  removed from REO and changes initialed by the borrower; per attestation letter the borrower has no association or ownership in this property; please also provide property history report to confirm no ownership in property that was listed on Initial and Final 1003's signed by the borrower.     Reviewer Comment (2019-10-03): Corrected to [REDACTED]
 10/03/2019     1 A   VA Primary Purchase   C B C A C B A A Non QM Non QM No
207885161 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A A A C A N/A N/A No
207885162 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. compensating factors including no late payments on credit report and debt being paid. Guideline variance approved by lender at time of origination.
Credit history - no credit lates on credit report
Other - Paying off debt		 Originator Reviewer Comment (2019-09-16): Consumer debt in amount of $593 per month paid off thru closing CRE D03
     09/16/2019 2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
207885162 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. The FICO does not meet the minimum for a cash out transaction. Guideline variance approved by lender at time of origination.
Credit history - no credit lates on credit report
Other - Paying off debt

Monthly overall debt reduced by $593.00.		 Originator

Originator		 Reviewer Comment (2019-10-07): Rec'd CRE - D156
     10/07/2019 2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
207885163 [REDACTED]         Credit Credit Credit Eligibility Public Record Issue: -               2 B   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         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. Missing third party veriication dated within 10 days of[REDACTED] closing for Co-borrower's real esate Schedule C (loss)     Reviewer Comment (2019-10-02): [REDACTED] 1099's in the file; exception cleared on compliance re-run.


Buyer Comment (2019-09-30): There is no employment for B2 on the 1003; we just use the loss as worst case, from the 1040's.
A verbal is never required if only using the loss as worst case
 10/02/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         Compliance Compliance State Compliance (State HPML Provision) North Carolina Rate Spread Home Loan (Ability to Repay Requirements Not Met) North Carolina Rate Spread Home Loan: Ability to repay requirements not met.       Reviewer Comment (2019-10-02): Removed on compliance re-run
 10/02/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Non-Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 8.81440% or Final Disclosure APR of 8.83300% is in excess of allowable threshold of APOR 3.87% + 1.5%, or 5.37000%.  Non-Compliant Rate Spread Home Loan.       Reviewer Comment (2019-10-02): Removed on compliance re-run
 10/02/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         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 for Co-borrower's real estate Schedule C (loss)     Reviewer Comment (2019-10-02): [REDACTED] 1099's in the file; exception cleared on compliance re-run.
 10/02/2019     1 A   NC 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
207885163 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification for Co-borrower's real estate Schedule C (loss)     Reviewer Comment (2019-10-02): [REDACTED] 1099's in the file; exception cleared on compliance re-run.
 10/02/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing third party verification for Co-borrower's real estate Schedule C loss (ATR requirement)     Reviewer Comment (2019-10-02): Third party verification not required for Schedule C income from 1099 MISC; [REDACTED] 1099's in the file.


Buyer Comment (2019-09-30): There is no employment for B2 on the 1003; we just use the loss as worst case, from the 1040's.
A verbal is never required if only using the loss as worst case
 10/02/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885163 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 8.81440% or Final Disclosure APR of 8.83300% is in excess of allowable threshold of APOR 3.87% + 1.5%, or 5.37000%.  Compliant Rate Spread Home Loan. Compliance testing conducted following exception clearing changed loan from non-compliant to compliant. New exception opened for compliant rate spread home loan..             2 B   NC Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207885164 [REDACTED]         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 $59.80 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $59.80 due Borrower.   Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-09-20): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/20/2019     1 A   TX 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 C A Non QM Non QM Yes
207885164 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.   Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-01): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.


Reviewer Comment (2019-09-20): The TX Title Guaranty (also known as a guaranty assessment recoupment charge, or "GARC") is a fee required to be collected by each TX Title Agent for each owners and lenders title insurance policy issued and is ultimately payable to [REDACTED] ([REDACTED]). While the title company is responsible for the collection of the fee (which the borrower may or may not shop for) the fee itself is ultimately passed onto the [REDACTED] ([REDACTED]). Given the ultimate payee/provider is not shoppable, it is subject to 0% tolerance.
 10/01/2019     1 A   TX 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 C A Non QM Non QM Yes
207885164 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. UW exception was not provided.  Platinum min loan amount $ [REDACTED] , transaction loan amount $ [REDACTED] . Borrower has employment stability for 11 years. Originator Reviewer Comment (2019-09-23): Rec'd exception for loan amount < guideline minimum.
     09/23/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207885164 [REDACTED]         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. Consumer CD $ [REDACTED] , Initial Escrow Statement  $ [REDACTED] .             2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM Yes
207885164 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $61.80.     Reviewer Comment (2019-10-01): Tolerance exceptions are addressed. Exception Cleared.
 10/01/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207885164 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207885164 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing verification of the existence of Borrower business within 10 days of closing or post close.     Reviewer Comment (2019-09-23): Rec'd VVOE
 09/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM No
207885164 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-10-01): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   10/01/2019   2 B   TX Primary Refinance - Cash-out - Other   C B C B C B C A Non QM Non QM Yes
207885165 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.18130% or Final Disclosure APR of 9.19300% is in excess of allowable threshold of APOR 4.12% + 1.5%, or 5.62000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-18): Federal HPML 2014 Compliant
 09/18/2019     1 A   DE Primary Purchase   C B A A C B A A Non QM Non QM No
207885165 [REDACTED]         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. Esign Consent Agreement missing from file.     Reviewer Comment (2019-09-18): Initial LE in the file
 09/18/2019     1 A   DE Primary Purchase Good faith redisclosure C B A A C B A A Non QM Non QM Yes
207885165 [REDACTED]         Compliance Compliance Federal Compliance TRID Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Esign Consent Agreement missing from file.     Reviewer Comment (2019-09-18): Initial LE in the file
 09/18/2019     1 A   DE Primary Purchase Good faith redisclosure C B A A C B A A Non QM Non QM No
207885165 [REDACTED]         Compliance Compliance Federal Compliance TRID Servicing Disclosure Status File does not evidence the consumer was provided with the Servicing Disclosure. Esign Consent Agreement missing from file.     Reviewer Comment (2019-09-18): Initial LE in the file
 09/18/2019     1 A   DE Primary Purchase Good faith redisclosure C B A A C B A A Non QM Non QM Yes
207885165 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   DE Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207885165 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Abstract Title Search Fee of $65.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-09-18): Borrower shopped for title fees no tolerance
 09/18/2019     1 A   DE Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207885165 [REDACTED]         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 $65.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Abstract Title Search Fee of $65.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-09-18): Borrower shopped for title fees no tolerance
 09/18/2019     1 A   DE 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
207885167 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided     Received Post Closing [REDACTED] Originator Reviewer Comment (2019-10-07): AVM D195
     10/07/2019 2 B   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207885167 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-10-07): Rec'd verification of business.
 10/07/2019     1 A   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207885168 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Initial Loan Estimated dated  [REDACTED]  received by Borrower[REDACTED] >[REDACTED] ( [REDACTED]  loan application date plus 3 business days)     Reviewer Comment (2019-09-24): Situs[REDACTED] received required documents, exception is cleared.
 09/24/2019     1 A   MN Primary Purchase   C A A A C A C A Non QM Non QM No
207885168 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): FreddieMac R&W Relief Eligible
 10/20/2019     1 A   MN Primary Purchase   C A A A C A C A Non QM Non QM No
207885169 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Final Approval not retained in the file.     Reviewer Comment (2019-09-20): Rec'd Approval in trailing docs; exception cleared.
 09/20/2019     1 A   GA Primary Purchase   C B C B B B A A Non QM Non QM No
207885169 [REDACTED]         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. Disclosure summary indicates appraisal delivery to borrowers prior to appraisal completion.     Reviewer Comment (2019-09-20): Removed on compliance re-run.
 09/20/2019     1 A   GA Primary Purchase   C B C B B B A A Non QM Non QM No
207885169 [REDACTED]         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.       Reviewer Comment (2019-09-20): Removed on compliance re-run
 09/20/2019     1 A   GA Primary Purchase   C B C B B B A A Non QM Non QM No
207885169 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Housing payment history requirements not met; Borrower living rent free since  [REDACTED] Borrower has employment stability for 5.78 years as a [REDACTED] business owner with same company.

10.2133% DTI on this Platinum 12 Mo Personal (treated as Business) bank statement documentation loan < 55% guideline max - 44% below program guideline maximum

786 representative FICO score > 700 guideline minimum - 86 points above guideline minimum		 Originator

Originator

Originator		 Reviewer Comment (2019-09-20): CRE - D233
     09/20/2019 2 B   GA Primary Purchase   C B C B B B A A Non QM Non QM No
207885169 [REDACTED]         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. Missing proof of delivery of the preliminary appraisal report dated [REDACTED]; disclosure summary reflects report was sent on [REDACTED], however, disclosure tracking details verifying documents sent not provided.             2 B   GA Primary Purchase   C B C B B B A A Non QM Non QM No
207885172 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-04): Rec'd Final Title policy in trailing docs; exception cleared.
 10/04/2019     1 A   NV Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207885172 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-04): Ack of Appraisal receipt executed at closing provided in trailing docs; exception cleared on compliance re-run.
 10/04/2019     1 A   NV Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207885172 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Neither box was checked to properly disclose liability after foreclosure on the final CD.     Reviewer Comment (2019-10-03): [REDACTED] received corrected CD and LOE. Exception Cured.
   10/03/2019   2 B   NV Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207885172 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months was not provided for property tax prepaids on the final CD.             2 B   NV Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207885172 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   A secondary appraisal product to support the appraised value for the transaction per appraisal review process for loan amounts [REDACTED] was not provided.     Reviewer Comment (2019-10-09): Received AVM Valuation from [REDACTED]. Value supported within 5%.
 10/09/2019     1 A   NV Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207885172 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   12 month seasoning requirement to not consider mortgage payoff as cash out was not met.     Reviewer Comment (2019-10-10): Per guidelines, no seasoning requirement for 1st lien payoff on rate/term refinance; exception cleared.
 10/10/2019     1 A   NV Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207885172 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Property value is $ [REDACTED] , however, property was acquired less than 12 months prior to application date and LTV based on prior sales price of $ [REDACTED] .             2 B   NV Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207885173 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Borrower payment shock  371% exceeds  the max of 250% but meets the exception policy based on compensating  factor of 19.5% DTI program max is 55% and $ [REDACTED] residual income program minimum is $1,500. 19% DTI < 55% maximum.

$29,000 residual income.		 Originator

Originator		 Reviewer Comment (2019-09-17): Rec'd exception for payment shock > guidelines.
     09/17/2019 2 B   AL Primary Purchase   C B C B A A A A Non QM Non QM No
207885173 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required. 19% DTI < 55% maximum.

$29,000 residual income.		 Originator

Originator		 Reviewer Comment (2019-09-23): Rec'd exception.  OK to proceed with one listing comp.
     09/23/2019 2 B   AL Primary Purchase   C B C B A A A A Non QM Non QM No
207885175 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Compensating factors added. 30.147% DTI  < 55.00% guideline max - 24.853% below program guideline maximum

Residual income of $5,122.83 > $1,500.00 residual income requirement.		 AMC

AMC		 Reviewer Comment (2019-09-18): Exception in file.
     09/18/2019 2 B   CT Primary Purchase   B B B B A A A A Non QM Non QM No
207885177 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Verified dates entered per final CD on file             2 B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207891053 [REDACTED]         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. Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements             2 B   FL Primary Purchase   C B C A B B C B Non QM Non QM No
207891053 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C B Non QM Non QM Yes
207891053 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Amount for Recording Fees TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed the total amount for all recording fees on a line other than the first line. Final Closing Disclosure provided on [REDACTED] disclosed the total amount for all recording fees on a line other than the first line.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C B Non QM Non QM Yes
207891053 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C A B B C B Non QM Non QM No
207891053 [REDACTED]         Credit System General Valuation address does not match Note address. - Valuation lists the city spelled  [REDACTED] . The Note and Security Instrument reflect  [REDACTED] .     Reviewer Comment (2019-09-13): Non-material; exception cleared.


Buyer Comment (2019-09-11): Please see USPS lookup for both [REDACTED] and [REDACTED].  They are the same place with the same zip Code.  Invalid condition
 09/13/2019     1 A   FL Primary Purchase   C B C A B B C B Non QM Non QM No
207891053 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-09-17): Rec'd business verification; exception cleared.


Reviewer Comment (2019-09-13): Rec'd Bank statement income worksheet; still missing third party verification of business dated within 10 days of closing.
 09/17/2019     1 A   FL Primary Purchase   C B C A B B C B Non QM Non QM No
207891053 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   FL Primary Purchase   C B C A B B C B Non QM Non QM No
207895306 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the title evidence in file.       Reviewer Comment (2019-10-10): Title policy showing coverage of [REDACTED] provided.
 10/10/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
207895307 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CA Investment Purchase   C A A A     C A     No
207895311 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief


Reviewer Comment (2019-10-20): No CU Score and no proof of eligibility of Collateral R&W Relief provided
 10/24/2019     1 A   GA Investment Refinance - Cash-out - Other   C B B B     C A     No
207895311 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property: rural property. Compensating factors: Public utilities and developed area, 45 months reserves versus 6 months & actual DSR is 1.22 -requirement is 1.0 Originator Pre-Close Reviewer Comment (2019-09-16): approval in file
     09/16/2019 2 B   GA Investment Refinance - Cash-out - Other   C B B B     C A     No
207895312 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MN Investment Refinance - Cash-out - Other   C A A A     C A     No
207895314 [REDACTED]         Credit Guideline General DSCR is less than 90%. - DSCR:  ___   LTV @ 72.5 < 75% max and credit score @ 704 > 700 required Originator Pre-Close Reviewer Comment (2019-09-17): CRE D008
     09/17/2019 2 B   GA Investment Refinance - Rate/Term   B B B B     A A     No
207895928 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of employment within 10 days of closing not provided for Co-Borrower.     Reviewer Comment (2019-09-19): Rec'd VVOE in trailing docs; exception cleared.
 09/19/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
207895928 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. CD issued[REDACTED]nd signed by borrowers on  [REDACTED] .             2 B   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
207895929 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required. Borrower has employment stability for 16+ years in the [REDACTED] Field as a [REDACTED].

8.37 months reserves > 4 months guideline minimum - borrowers have verified reserves of $36,456.63

Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $24,208.68		 Originator

Originator

Originator		 Reviewer Comment (2019-09-30): Rec'd CRE - D202
     09/30/2019 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207895929 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   The credit report reflects a mortgage to [REDACTED].  The borrower has not disclosed any REO on the 1003.  Document / explain.  The payment has been included in the DTI.     Reviewer Comment (2019-09-30): Per [REDACTED] [REDACTED], property was awarded to ex-wife and Fraud report reflects property was deeded to her [REDACTED].  Other property owned by the Borrower was sold [REDACTED] per Fraud report in file.


Buyer Comment (2019-09-25): REO belongs to Ex-Spouse
 09/30/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207895935 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender's approval is not evident in the file.     Reviewer Comment (2019-09-19): Rec'd approval in trailing docs; exception cleared.
 09/19/2019     1 A   NJ Primary Purchase   C B C A B B A A Non QM Non QM No
207895935 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. County/City Taxes paid at closing, reflected on Final CD, does not reflect number of months collected.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207895935 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Gift Funds not sufficiently verified per guideline requirements, missing verification of receipt of the funds either by cancelled check  paid to closing agent and or wire transfer.     Reviewer Comment (2019-09-19): Rec'd copy of all gift checks and proof of deposit; exception cleared.
 09/19/2019     1 A   NJ Primary Purchase   C B C A B B A A Non QM Non QM No
207895937 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207895937 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.               2 B   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207895937 [REDACTED]         Compliance Compliance State Compliance Georgia Home Loan (Fee Charged for Payoff Statement) Georgia Home Loan: Impermissible fee charged for payoff statement.       Reviewer Comment (2019-10-08): No payoff fee charged at closing.


Buyer Comment (2019-10-07): Can you elaborate more on this please?


Buyer Comment (2019-10-03): What statue are you referring to?
 10/08/2019     1 A   GA Primary Purchase   C B A A C B C A Non QM Non QM No
207895939 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207895939 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient funds verified to meet the reserves requirement. Lender exception approval not provided. 4.194% DTI on this 12 Mo Business Bank statement documentation loan < 55% guideline max - 50% below program guideline maximum

Borrower on this 12 Mo Business Bank statement documentation loan has a disposable income of $113,916.00

Borrower has employment stability for 9.46 years as a [REDACTED] Business Owner with same business.		 Originator

Originator

Originator		 Reviewer Comment (2019-09-25): Rec'd CRE - D169


Reviewer Comment (2019-09-20): Per Platinum guidelines, max usage of business funds is 50%.  Exception remains.


Buyer Comment (2019-09-18): Also note EMD of $10,000 has been source/cleared on [REDACTED][REDACTED]


Buyer Comment (2019-09-18): All this info in your file; please advise


Buyer Comment (2019-09-18): Note: On page 235 the [REDACTED] dated [REDACTED] has a bal of $300,149.97. Bwr needed Cash to close per CD in closing file: $141,727.47 and 4 months of reserves is: $3552 x 4 = $14,208. $300,149.97 - $141,727.47 = $158,422.50; Bwr had more than enough Reserves? Also note that there are (2) [REDACTED] that are dated [REDACTED] but VOD on page 247 dated [REDACTED] is not current with the Printout as the bal on the VOD of $298,029.25 is also on the printout on page 235 dated [REDACTED] on the printout.
     09/25/2019 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207895940 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207895940 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing Statement of P&I     Reviewer Comment (2019-09-23): Rec'd CD verifying PITIA.
 09/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207895941 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   No policy amount stated on the preliminary binder.             2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207895941 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-20): Document 0194 confirms LE also sent [REDACTED]. Thus e-delivery box not checked
 09/20/2019     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207895941 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. $300 PAD fee assessed to consumer with no specific charges associated on final CD.     Reviewer Comment (2019-09-20): Letter of Explanation, Proof of Delivery and Corrected CD provided.  Cure check not required confirmed from final settlement statement borrower was not charged a PAD fee
   09/20/2019   2 B   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C B C B A A Non QM Non QM Yes
207895941 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Insurance binder not effective as of closing on [REDACTED], policy in force on [REDACTED].     Reviewer Comment (2019-09-23): Received revised insurance with different effective dates
 09/23/2019     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207895941 [REDACTED]         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. Sellers CD contains $300 PAD fee and $896.50 Transfer Tax paid by Seller that is not shown on the Consumers CD.     Reviewer Comment (2019-09-20): Letter of Explanation, Proof of Delivery and Corrected CD provided.  Cure check not required confirmed from final settlement statement borrower was not charged a PAD fee
   09/20/2019   1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207895942 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-10-10): Rec'd P&L statement in trailing docs; exception cleared.
 10/10/2019     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
207895944 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207895944 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.   Payment shock allowable to 250% for FTHB     Reviewer Comment (2019-10-01): Housing payment shock is 163.28% < 250% max; exception cleared.


Buyer Comment (2019-09-27): Hi..Per LAS the Payment shock is 163.28% and the Max for First Time Home Buyer is 250%? We are below 250%
 10/01/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207895944 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Esign consent [REDACTED]er disclosure tracking summary     Reviewer Comment (2019-09-30): Initial LE was sent via [REDACTED] and received electronically on 2nd day as it was signed on [REDACTED].


Buyer Comment (2019-09-27): Good Morning....The App date is [REDACTED] which is on Mon and [REDACTED] which is a Holiday is on a Thurs LE sent out [REDACTED] is w/in 3 days. LE was sent via [REDACTED] and E-Consent can be signed at any point during the Mtg. cycle.
 09/30/2019     1 A   NJ Primary Purchase   C A C A C A C A Non QM Non QM No
207895947 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207895947 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. LTV is over the guideline limit, but does have compensating factors of high residual income, and co borrower has steady employment and Lease to purchase Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $11,495.40. Originator Reviewer Comment (2019-09-18): LTV greater than requirement but meets exception policy based on residual income sufficiently greater than $1500.00.
     09/18/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207895947 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. LTV is over the guideline limit, but does have compensating factors of high residual income, and co borrower has steady employment and Lease to purchase Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $11,495.40. Originator Reviewer Comment (2019-09-18): CLTV greater than 85% requirement but meets exception policy based on compensating factor of residual income significantly greater than $1500.00.
     09/18/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207895947 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserves requirement of 4 months is not met, but meets exception policy based on compensating factors of high residual income, and co borrower has steady employment and Lease to purchase. Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $11,495.40. Originator Reviewer Comment (2019-09-18): Reserve requirement not met but meets exception policy based on residual income sufficiently greater than $1500.00.
     09/18/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207895947 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) Page 2 of the Seller Closing Disclosure is not evident in the however, first page reflects closing costs in the amount of $ [REDACTED] .     Reviewer Comment (2019-09-20): Seller CD provided


Buyer Comment (2019-09-19): Why would we do a PCCD and letter to the borrower.
 09/20/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207895947 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for 0% tolerance violations of $136.20 was not provided.     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207895947 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Tx Guarantee Fee was not disclosed on Loan Estimate.     Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cleared.
 09/30/2019     1 A   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
207895947 [REDACTED]         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 $134.20 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Endorsement Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-09-20): Attestation provided - fee further outsourced by borrower chosen provider.
 09/20/2019     1 A   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
207895947 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Bank Statement loans required 660 credit score Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $11,495.40.

Co-Borrower has employment stability for 8 years in [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-10-01): Rec'd CRE - D278
     10/01/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207895947 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-09-30): [REDACTED] received PCCD indicating cure, LOE, Proof of Delivery, and Refund Check. Exception Cured.
   09/30/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207895948 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal done by issued on [REDACTED]. Borrower has employment stability for 5.6 years as a [REDACTED] Originator Reviewer Comment (2019-09-24): Rec'd CRE - D158
     09/24/2019 2 B   MO Primary Purchase   C B C B C B C A Non QM Non QM No
207895948 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MO Primary Purchase   C B C B C B C A Non QM Non QM No
207895948 [REDACTED]         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. Income recalculation took into account all transfers from savings account, dividend credits and purchase returns. Income adjusted to less than half of the income lender used for qualifying.     Reviewer Comment (2019-09-24): Removed all cash deposits from unsourced deposits; DTI < guideline max.
 09/24/2019     1 A   MO Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B C A Non QM Non QM Yes
207895948 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Escrow amount collected for homeowners insurance is less than the annual premium. Lender collected $ [REDACTED] /month and annual premium requires $ [REDACTED] /month to be collected.             2 B   MO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207895948 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Income recalculation took into account all transfers from savings account, dividend credits and purchase returns. Income adjusted to less than half of the income lender used for qualifying.     Reviewer Comment (2019-09-24): Removed all cash deposits from unsourced deposits; DTI < guideline max.


Buyer Comment (2019-09-20): I do not see Purchase returns as an ineligible income source. Please advise where do you see that purchase returns are not acceptable?
 09/24/2019     1 A   MO Primary Purchase   C B C B C B C A Non QM Non QM No
207895948 [REDACTED]         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. Income recalculation took into account all transfers from savings account, dividend credits and purchase returns. Income adjusted to less than half of the income lender used for qualifying.     Reviewer Comment (2019-09-24): Removed all cash deposits from unsourced deposits; DTI < guideline max.


Buyer Comment (2019-09-20): Per guidelines [REDACTED]- Dividend may be used as qualifying income.  Please give the Brwr credit for the dividends.
 09/24/2019     1 A   MO Primary Purchase   C B C B C B C A Non QM Non QM No
207895948 [REDACTED]         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 55.35179% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.)       Reviewer Comment (2019-09-24): Removed all cash deposits from unsourced deposits; DTI < guideline max.
 09/24/2019     1 A   MO Primary Purchase   C B C B C B C A Non QM Non QM No
207895951 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Divorce Decree / Child Support not provided         Reviewer Comment (2019-09-23): not applicable
 09/23/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207895951 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-20): Document 191 confirms the Initial LE was also sent via [REDACTED] thus e-delivery N/A
 09/20/2019     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
207895951 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Esign Consent Agreement Timing ESIGN Act - Loan Estimate provided on [REDACTED] 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. Consent obtained prior to initial sent to borrower     Reviewer Comment (2019-09-20): Document 191 confirms the Initial LE was also sent via [REDACTED] thus e-delivery N/A
 09/20/2019     1 A   FL Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207895952 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Loan Estimate dated[REDACTED] and electronically signed by borrowers  [REDACTED] .     Reviewer Comment (2019-09-20): [REDACTED] received evidence initial LE was sent via [REDACTED].
 09/20/2019     1 A   KY Primary Purchase   C A A A C A A A Non QM Non QM No
207895954 [REDACTED]         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 CD provided[REDACTED] and Final CD was provided[REDACTED]     Reviewer Comment (2019-09-30): [REDACTED] received disclosure tracking indicating the initial CD was received the same day issued. Exception Cleared.
 09/30/2019     1 A   CA Primary Purchase No Defined Cure C B B B C B C A Non QM Non QM No
207895954 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Disclosure missing.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207895954 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The lender did not provide the dollar amount of the violation over the legal limit.     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207895954 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $340.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. TRID zero percent tolerance violation without sufficient cure provided.     Reviewer Comment (2019-09-30): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 09/30/2019     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207895954 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B B B C B C A Non QM Non QM No
207895954 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C B B B C B C A Non QM Non QM No
207895955 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NC Primary Refinance - Cash-out - Debt Consolidation   C B A A B B C A Non QM Non QM No
207895955 [REDACTED]         Compliance Compliance State Compliance North Carolina First Lien Late Charge Percent Testing Note late charge exceeds maximum per state. NC State restriction reflects 4% Late Charge after 15 days.             2 B   NC Primary Refinance - Cash-out - Debt Consolidation   C B A A B B C A Non QM Non QM Yes
207895955 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 6.73780% or Final Disclosure APR of 6.74500% is in excess of allowable threshold of APOR 3.80% + 1.5%, or 5.30000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Refinance - Cash-out - Debt Consolidation   C B A A B B C A Non QM Non QM No
207895955 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final CD does not reflect number of months collected for property tax under prepaids.             2 B   NC Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207895956 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Missing Acknowledgment from underwriter for overdrafts present within 12 months on  [REDACTED] ending [REDACTED]     Reviewer Comment (2019-09-23): Received 1008 indicating that the UW reviewed the NSF's.
 09/23/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207895956 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207895957 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) File did not include a seller's CD and seller costs were not shown on the borrower's CD.     Reviewer Comment (2019-09-20): Seller CD provided
 09/20/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A A A Non QM Non QM Yes
207895957 [REDACTED]         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. No evidence in the file to confirm an electronic delivery to put within three days of closing.     Reviewer Comment (2019-10-02): Disclosure tracking and attestation provided.  CD issued [REDACTED] was in fact actually issued [REDACTED].


Reviewer Comment (2019-09-30): [REDACTED] received lender correspondence. It appears the CD dated [REDACTED] is the [REDACTED] CD sent per date on the bottom of the pages. Please provide attestation regarding the correct issue date if [REDACTED] CD has an incorrect issue date.


Buyer Comment (2019-09-26): Here is the tracking showing the borrower signed the Initial CD and upon attempting to pull the actual document, the page has been corrupted due to an [REDACTED] error and cannot print.  We apologize, but we have a record of the disclosure being signed and the information that was on said disclosure as shown below. Each page of the CD is in the uploaded attachement


Reviewer Comment (2019-09-20): Disclosure tracking provided shows disclosure was sent on [REDACTED] but file does not contain a CD issued [REDACTED]
 10/02/2019     1 A   CA Primary Purchase No Defined Cure C B B B C A A A Non QM Non QM No
207895957 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Purchase   C B B B C A A A Non QM Non QM No
207895958 [REDACTED]         Compliance Compliance Federal Compliance TILA NMLSR - Individual Originator NMLS information on documents does not match NMLS website Truth in Lending Act (NMLSR Dodd- Frank 2014): Individual Loan Originator NMLSR information on loan documents does not match NMLSR. NMLS disclosed on all documentation for originator [REDACTED] .  NMLSR disclosed the originator is licensed and authorized to conduct business under NMLS  [REDACTED] .     Reviewer Comment (2019-10-15): Rec'd scrivener's affidavit correcting the NMLS information and email to the borrower.


Buyer Comment (2019-10-11): Please review


Reviewer Comment (2019-10-11): Cure documentation provided is acceptable with proof it was delivered to the borrower.  Please provide proof of delivery (CHD-15702)


Buyer Comment (2019-10-08): Please review


Reviewer Comment (2019-09-18): Received Email, LOE and corrected CD, however, all docs are wrong.  corrected Note and Mortgage and 1003s
   10/15/2019   2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM Yes
207895958 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C B C B C B C A Non QM Non QM No
207895958 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ UW exception was not provided.  Maximum payment shock 350% calculated payment shock 544.59981%. Borrower reserves exceed minimum required

Residual income		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-18): Exception approval based on reserves and residual income
     09/18/2019 2 B   FL Primary Purchase   C B C B C B C A Non QM Non QM No
207895959 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Primary Purchase   C C A A C A C C Non QM Non QM No
207895959 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-09-20): Disclosure summary and e-consent provided


Buyer Comment (2019-09-19): Note: The Bwr recv'd the LE w/in 3 days of Application, as this was the week of the [REDACTED]. We don't count the Holiday which was on [REDACTED] nor do we count the weekend which was [REDACTED]. LE was sent on the 8th.
 09/20/2019     1 A   FL Primary Purchase   C C A A C A C C Non QM Non QM No
207895959 [REDACTED]         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 $ [REDACTED] and disclosure timing violations. LE reflects an electronic signature however the E-Sing consent document was not provided.     Reviewer Comment (2019-09-20): Disclosure summary and e-consent provided
 09/20/2019     1 A   FL Primary Purchase No Defined Cure C C A A C A C C Non QM Non QM No
207895960 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207896212 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. $0.60 short to collect on CD, Homeowner's monthly insurance premium is  [REDACTED] =$ [REDACTED] , the Final CD collected $ [REDACTED] for the year under prepaids.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C A A B B C C Non QM Non QM Yes
207896212 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   TX Primary Purchase   C C A A B B C C Non QM Non QM No
207898113 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - 10 day verification of employment was not provided.     Reviewer Comment (2019-10-01): Rec'd VVOE in trailing docs; exception cleared.


Buyer Comment (2019-09-27): See pages 3 and 4 for Bwr Info
 10/01/2019     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
207898114 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207898114 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Lender to provided an explanation addressing why the Closing Disclosure that was printed on[REDACTED] reflects an issue date of[REDACTED] and not[REDACTED].     Reviewer Comment (2019-09-28): CD reflects Broker as Lender (Broker CD) and disclosure tracking indicates this CD was not sent to the borrower; removed CD from captured disclosures.  Exception cleared.


Buyer Comment (2019-09-26): Gm. Please note this is not out cd. the lender is [REDACTED] so we would not have a reason as to why the dates reflect the different dates. Also i think this is the seller cd as well.

thanks
 09/28/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207898115 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception provided. Borrower on this Bank statement documentation loan has a disposable income of $12,858.94

Borrower has employment stability for 31 years in the (Industry Name).		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-19): Lender Exception D0229
     09/19/2019 2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207898115 [REDACTED]         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. Proof of delivery of valuations was not provided.             2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207898115 [REDACTED]         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. Proof of delivery of valuations was not provided.             2 B   CA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207898115 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B B B B B C A Non QM Non QM No
207898116 [REDACTED]         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 $ [REDACTED] and disclosure timing violations. E-Consent is not evident in the file.     Reviewer Comment (2019-10-01): [REDACTED] received required documents, exception is cleared.
 10/01/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C A A A C A A A Non QM Non QM No
207898116 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-Consent is not evident in the file.     Reviewer Comment (2019-10-01): [REDACTED] received required documents, exception is cleared.
 10/01/2019     1 A   FL Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
207898117 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B A A B B C A Non QM Non QM No
207898117 [REDACTED]         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 $540.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/17/2019   1 A   TX Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
207898117 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. CD shows paid to [REDACTED] which is the broker             2 B   TX Primary Purchase Good Faith Redisclosure C B A A B B C A Non QM Non QM Yes
207898123 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): Per FreddieMac UCDP
 10/20/2019     1 A   FL Primary Purchase   C A A A C A C A Non QM Non QM No
207898123 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Title- Title Search Fee of $95.00 was not provided.     Reviewer Comment (2019-10-01): Tolerance exceptions are addressed. Exception Cleared.
 10/01/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207898123 [REDACTED]         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 $95.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Title Search Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-10-01): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 10/01/2019     1 A   FL 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 C A Non QM Non QM Yes
207898124 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC).  Fee Amount of $120.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure in file.     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/27/2019     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
207898124 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure in file.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207898124 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not reported on the Final CD.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207898124 [REDACTED]         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. Provided at closing.     Reviewer Comment (2019-09-27): [REDACTED] received disclosure tracking indicating the initial CD was received the same day. Exception Cleared.
 09/27/2019     1 A   FL Primary Purchase No Defined Cure C B B B C B A A Non QM Non QM No
207898124 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   Guideline variance approved by lender at time of origination. LTV of 83.38% is less than LTV max of 90.00% AMC Reviewer Comment (2019-09-20): CRE D003
     09/20/2019 2 B   FL Primary Purchase   C B B B C B A A Non QM Non QM No
207898127 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception provided. 47.48% DTI on this Business Bank statement documentation loan < 55.00% guideline max - 7.52% below program guideline maximum

Borrower has job stability for 7 years as an Owner		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-18): CRE D192
     09/18/2019 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         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 $5,467.32 and disclosure timing violations. Missing EConsent Disclosure     Reviewer Comment (2019-09-20): Initial LE was also sent via [REDACTED] on [REDACTED] thus e-delivery N/A
 09/20/2019     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. EConsent disclosure was not provided.  LE acknowledged electronically.     Reviewer Comment (2019-09-20): Initial LE was also sent via [REDACTED] on [REDACTED] thus e-delivery N/A
 09/20/2019     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Interest rate increase was not disclosed 3 business days prior to consummation     Reviewer Comment (2019-10-15): received proof of receipt


Reviewer Comment (2019-10-15): Interim CD issued on[REDACTED].  Need evidence of receipt.


Reviewer Comment (2019-09-26): TIP increased form 176.999% to 183.26% without three day notification.  PCCD, LOE, RTC reopened, proof of delivery, and copy any refund check required.


Buyer Comment (2019-09-25): On[REDACTED] COC went out with the Disc Tracking that I submitted for the interest rate and loan type.  This was 3 business days before consummation. Please escalate review to [REDACTED].


Reviewer Comment (2019-09-24): Unable to clear the exception the Final CD was issued and signed by the borrower on [REDACTED] and has an increase in APR above the allowable threshold.  Evidence of receipt of the APR increase is required at least three (3) business days prior to consummation via a Revised CD.


Buyer Comment (2019-09-23): The interest rate changed which caused the APR to change. Per the COC, this was change was requested by the Brwr and they were notified 3 days prior to consummation. Please clear.


Reviewer Comment (2019-09-20): [REDACTED] CD has APR of 8.61% and Final CD has APR of 8.856%
 10/15/2019     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD was not provided.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207898127 [REDACTED]         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. Proof of electronic delivery was not provided.     Reviewer Comment (2019-09-20): disclosure summary provided
 09/20/2019     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Shortage $ [REDACTED]     Reviewer Comment (2019-09-24): Rec'd RCE.  Coverage is sufficient.
 09/24/2019     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - UW exception was not provided.  Collections within 24 months are not permitted per Platinum guidelines. 47.48% DTI on this Business Bank statement documentation loan < 55.00% guideline max - 7.52% below program guideline maximum

Borrower has job stability for 7 years as an Owner		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-24): Rec'd exception for collections within 24 months.
     09/24/2019 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207898127 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements use to determine income indicate 5 NSF/Overdrafts.  Missing Lender's statement NSF's/Overdrafts were reviewed for acceptability. 47.48% DTI on this Business Bank statement documentation loan < 55.00% guideline max - 7.52% below program guideline maximum

Borrower has job stability for 7 years as an Owner		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-24): Rec'd exception for NSFs.
     09/24/2019 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207898130 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207898130 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing  [REDACTED]  bank statement from  [REDACTED] .     Reviewer Comment (2019-10-07): Rec'd missing bank statement and third party verification in trailing docs; exception cleared.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207898130 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (No evidence that borrower received copies of all documents signed at closing) Texas Constitution Section 50(a)(6):  Texas Cash-out Loan.   No evidence that borrower(s) received copies of all documents signed at time of closing.       Reviewer Comment (2019-10-07): Rec'd TX home Equity Receipt of Copies, signed by the borrower at closing, in trailing docs; exception cleared.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other Either Deliver the required documents to the borrower or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C A C A Non QM Non QM Yes
207898130 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-10-07): Rec'd disclosure signed by Lender in trailing docs; exception cleared.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C A C A Non QM Non QM Yes
207898130 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   The mortgagee clause has not been updated to reflect the subject transaction.             2 B   TX Primary Refinance - Cash-out - Other   C B C B C A C A Non QM Non QM No
207898131 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Title Exam Fee was introduced on the CD, no change of circumstance and the payee was unique to this fee.     Reviewer Comment (2019-09-30): Tolerance exceptions are addressed. Exception Cleared.
 09/30/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C A C B Non QM Non QM Yes
207898131 [REDACTED]         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 $250.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title Exam Fee was introduced on the CD, no change of circumstance and the payee was unique to this fee.     Reviewer Comment (2019-09-30): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/30/2019     1 A   GA 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 A C B Non QM Non QM Yes
207898131 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   GA Primary Purchase   C B A A C A C B Non QM Non QM No
207898131 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   GA Primary Purchase   C B A A C A C B Non QM Non QM No
207898133 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   NC Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207898133 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - 10 day verification of existence of business was not provided. Borrower has > 8 years of satisfactory housing payment history reported on the credit report.

Borrower has employment stability for 4.67 years in the [REDACTED] Industry.		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd exception for reserves < guideline minimum.
     10/03/2019 2 B   NC Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207898133 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.90250% or Final Disclosure APR of 7.94100% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207898133 [REDACTED]         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 Title - Commitment Fee.  Fee Amount of $15.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender credit of $125 for tolerance cure         09/18/2019   1 A   NC Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207898133 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approval for insufficient reserves - strong housing history and stable employment history compensating factors. Borrower has > 8 years of satisfactory housing payment history reported on the credit report.

Borrower has employment stability for 4.67 years in the [REDACTED] Industry.		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd exception for reserves < guideline minimum.
     10/03/2019 2 B   NC Primary Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207898133 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided.         09/19/2019   1 A   NC Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207898135 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-10-07): Rec'd [REDACTED] HOA verification report in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Disclosure is missing.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207898135 [REDACTED]         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 > 55%     Reviewer Comment (2019-10-22): Rec'd corrected, signed 1003.  Co-borrower intends to occupy.
 10/22/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
207898135 [REDACTED]         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 57.62759% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI exceeds guidelines.  The co-borrower's initial and final 1003s both indicate she will not occupy the subject property.   Included PITIA from her primary residence in qualfying.     Reviewer Comment (2019-10-22): Rec'd corrected, initialed 1003.  Co-borrower intends to occupy.
 10/22/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         Credit Guideline Guideline Issue Guideline Issue:  non-occupant co-borrower. - Non-occupant co-borrowers are not allowed per guidelines.  Both the initial and final 1003 reflect the co-borrower does not intend to occupy the property.     Reviewer Comment (2019-10-11): Rec'd corrected 1003 with changes initialed by Borrower; confirmed lease in file for CB current residence effective at time of closing.
 10/11/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Self-employed borrower.  Missing independent verification of the business verified through a disinterested third party (CPA, regulatory agency, licensing bureau or verification of a phone and address listing using the internet) within 10 calendar days prior to, or any time after closing.     Reviewer Comment (2019-10-07): Rec'd third party verification in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of HOA dues.     Reviewer Comment (2019-10-07): Rec'd [REDACTED] HOA verification report in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Included co-borrower's primary PITIA in qualifying.  Initial and final 1003 both indicate she is a non-occupant co-borrower.     Reviewer Comment (2019-10-22): Rec'd corrected, signed 1003.  Co-borrower intends to occupy.


Buyer Comment (2019-10-18): Please review corrected 1003 from the co-borrower.  It shows [REDACTED] intends to occupy the property.  She is not  a non-occupant co-borrower.
 10/22/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898135 [REDACTED]         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 < 55%.     Reviewer Comment (2019-10-22): Rec'd corrected, signed 1003.  Co-borrower intends to occupy.
 10/22/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207898137 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   $15,000 gift funds deposited into [REDACTED] on [REDACTED].     Reviewer Comment (2019-10-14): updated input


Buyer Comment (2019-10-11): Please review Gift Donor's Bank Stmt


Reviewer Comment (2019-10-07): Nothing additional provided; gift funds excluded from checking and included as gift funds.  Gift funds were included in total funds verified; exception remains.


Buyer Comment (2019-10-03): The Gift Funds were backed out of the Brwr's Acct. Why?  Per Guidelines: 5% of the required cash to close must come from the Brwr's personal funds.  The Brwr had more than 5% on his own. Therefore, the Gift Funds should be included with the Brwr's acct.  There was sufficient cash to close. Please clear.


Reviewer Comment (2019-10-01): Rec'd deposit receipt for funds to close, however, source of funds has not been verified.  Savings and Checking account statement balances do not reflect sufficient funds.


Reviewer Comment (2019-09-25): Gift funds included in available assets; nothing additional provided.  Borrower is short $4249.00 to close.
 10/14/2019     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
207898137 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.     27.71% DTI on this 12 Mo Personal bank statement documentation loan < 55% guideline max - 27% below program guideline maximum

Borrower on this 12 Mo Personal bank statement documentation loan has a disposable income of $6,276.17		 Originator

Originator		 Reviewer Comment (2019-10-14): reserves met


Reviewer Comment (2019-10-14): To clear


Reviewer Comment (2019-09-25): Rec'd CRE - D196
 10/14/2019     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
207898139 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Business bank statements are not sufficiently verified. Missing full 12 months statements,[REDACTED] and[REDACTED].     Reviewer Comment (2019-09-28): Rec'd missing bank statements in trailing docs; exception cleared.
 09/28/2019     1 A   WI Investment Purchase   C B C B B B A A N/A N/A No
207898139 [REDACTED]         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.               2 B   WI Investment Purchase   C B C B B B A A N/A N/A No
207898139 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Foreclosure date of[REDACTED] does not meet seasoning requirement of 48 months from deed date. Borrower has employment stability for 8.46 years as a [REDACTED] [REDACTED] with the same business.

3.75% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 51% below program guideline maximum		 Originator

Originator		 Reviewer Comment (2019-09-28): Rec'd CRE - D175
     09/28/2019 2 B   WI Investment Purchase   C B C B B B A A N/A N/A No
207898144 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-16): CU Score of 1.2
 10/16/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207898145 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Purchase   C A A A     C A     No
207901055 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. Esign consent not provided             2 B   CA Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
207901055 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. LE provided date  [REDACTED]     Reviewer Comment (2019-10-01): Situs[REDACTED] received evidence the disclosure was also sent via [REDACTED].
 10/01/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207901055 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max 80% ltv for cashout per program matrix 722 > 720 minimum credit score

38.14315% DTI on this Bank Statement documentation loan < 55% guideline max

Borrower on this Bank Statement documentation loan has a disposable income of $58,361.94		 Originator

Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd CRE - D225
     10/03/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207901055 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approval for insufficient reserves - credit score, credit history, dti and residual income compensating factors 722 > 720 minimum credit score

38.14315% DTI on this Bank Statement documentation loan < 55% guideline max

Borrower on this Bank Statement documentation loan has a disposable income of $58,361.94		 Originator

Originator

Originator		 Reviewer Comment (2019-09-24): Credit Risk Summary & Exception Approval in file.
     09/24/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207901055 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy.         Reviewer Comment (2019-10-03): Second Lien not considered cash-out; 6 month seasoning requirement met.  Exception cleared.


Buyer Comment (2019-09-30): Hi....please advise, but Bwr is paying off a [REDACTED] and had to pay at closing: $41,844.62. Is the 2nd considered a payoff? If so the 02nd has more than 6 month seasoning? Please advise as this is in guides 12.2.1 Cash out Refinance
 10/03/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207901055 [REDACTED]         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. Prior Lender at Origination is same as new Lender and RTC on H-8.             2 B   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 B A A Non QM Non QM Yes
207901056 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CT Primary Purchase   C B B B A A C A Non QM Non QM No
207901056 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating Factors: 1) DTI. 2) Residual Income. 40.862% DTI documentation loan < 55.000% guideline max

Borrower's residual income of $6,842.22 is below guideline requirement of $1,500.00		 AMC

AMC		 Reviewer Comment (2019-09-24): Credit Risk Summary & Exception Approval in file.
     09/24/2019 2 B   CT Primary Purchase   C B B B A A C A Non QM Non QM No
207901059 [REDACTED]         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 $465.00 exceeds tolerance of $450.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender provided a cure credit to the borrower listed on page 3 of the final CD in the amount of 140.00         09/18/2019   1 A   FL Second Home Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207901059 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender provided a cure credit to the borrower listed on page 3 of the final CD in the amount of 140.00         09/18/2019   1 A   FL Second Home Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207901059 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU Score of 2.0
 10/20/2019     1 A   FL Second Home Purchase   C A A A A A C A Non QM Non QM No
207901060 [REDACTED]         Credit Missing Document General Incomplete Document: 1003 Initial - Lender's is incomplete   Initial 1003 does not state a correct  income level. 1003 has  [REDACTED]  as income placard amount.             2 B   NJ Primary Refinance - Cash-out - Other   C C B B A A C C Non QM Non QM No
207901060 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   NJ Primary Refinance - Cash-out - Other   C C B B A A C C Non QM Non QM No
207901062 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $2.00.     Reviewer Comment (2019-10-09): Tolerance exceptions are addressed. Exception Cleared.
 10/09/2019     1 A   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207901062 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE or by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-09): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cleared.
 10/09/2019     1 A   TX 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 C A Non QM Non QM Yes
207901062 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207901062 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2019-10-09): [REDACTED] received PCCD indicating cure, LOE, and Refund Check. Exception Cured.
   10/09/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207901066 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided         Reviewer Comment (2019-10-02): Rec'd in trailing docs; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-02): Rec'd Approval in trailing docs; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         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 $309.00 exceeds tolerance of $204.00 plus 10% or $224.40.  Sufficient or excess cure was provided to the borrower at Closing.           09/19/2019   1 A   TX Primary Purchase Final CD evidences Cure D B D B C B A A Non QM Non QM Yes
207901066 [REDACTED]         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 TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/19/2019   1 A   TX Primary Purchase Final CD evidences Cure D B D B C B A A Non QM Non QM Yes
207901066 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence Subordinate Lien TRID Final Closing Disclosure [REDACTED] on a simultaneous subordinate lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller Closing Disclosure missing from file.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207901066 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan will have an escrow account. No escrows on a simultaneous subordinate lien.     Reviewer Comment (2019-10-01): Letter of Explanation & Corrected Closing Disclosure provided
   10/01/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207901066 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing VVOE completed within 10 days of closing.     Reviewer Comment (2019-10-02): Rec'd VVOE in trailing docs; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing, 2 are required. Borrower has job stability for 5.99 years as a [REDACTED] Originator Reviewer Comment (2019-10-02): Rec'd CRE - D266
     10/02/2019 2 B   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided         Reviewer Comment (2019-10-02): Rec'd AUS in trailing docs; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         Compliance Compliance Federal Compliance (Missing Data) AUS Decision System Not Provided AUS Decision System was not provided.  Any applicable Federal, State or Local compliance testing is unreliable. Missing AUS - additional exceptions may apply upon receipt of the AUS     Reviewer Comment (2019-10-02): Rec'd AUS


Buyer Comment (2019-10-02): this was upld [REDACTED] @ 7:34 tks
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901066 [REDACTED]         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. Missing AUS - additional exceptions may apply upon receipt of the AUS     Reviewer Comment (2019-10-02): Rec'd AUS


Buyer Comment (2019-10-02): aus upld
 10/02/2019     1 A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D B C B A A Non QM Non QM Yes
207901066 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Not Provided Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are  [REDACTED] Missing AUS - additional exceptions may apply upon receipt of the AUS     Reviewer Comment (2019-10-02): Rec'd AUS


Buyer Comment (2019-10-02): aus upld
 10/02/2019     1 A   TX Primary Purchase   D B D B C B A A Non QM Non QM No
207901067 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Optional Fees TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed Optional fees in a section other than Section H. Settlement agent credited the seller for a military discount.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207901069 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Income and Assets - REO Schedule E Method Test Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (Schedule E Method) using reasonably reliable third-party records.       Reviewer Comment (2019-09-30): Tax transcripts in the file; exception cleared.
 09/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207901069 [REDACTED]         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. [REDACTED]  tax returns were not provided     Reviewer Comment (2019-09-30): Tax transcripts in the file; exception cleared.


Buyer Comment (2019-09-25): Brwr filed an Extension for [REDACTED] and submitted the [REDACTED] tax returns. Please clear.
 09/30/2019     1 A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
207901069 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. [REDACTED]  tax returns were not provided     Reviewer Comment (2019-09-30): Tax transcripts in the file; exception cleared.
 09/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207901069 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed         Reviewer Comment (2019-09-30): Rec'd Death Certificate and Affidavit - Death of Joint Tenant in trailing docs; exception cleared
 09/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207901069 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
207901071 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying housing ratio discrepancy. Calculated investor qualifying housing ratio of ___ exceeds Guideline housing ratio of ___. UW Exception provided.  Housing ratio exceeds guideline maximum 40% 63.51% LTV < 80% guideline max -

Residual Income $2,081.01 monthly > $1,500.00 required income.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-18): CRE D143
     09/18/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207901071 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Lien(s) negatively impacting title   Evidence of payoff lien to  [REDACTED]  in the amount of $ [REDACTED]  was not provided.     Reviewer Comment (2019-10-10): Received Release of Statement of Lien
 10/10/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207901071 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   MD Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207901071 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. UW excepton was not provided   Minimum FICO 620, Borrower FICO  [REDACTED] . 63.51% LTV < 80% guideline max -

Residual Income $2,081.01 monthly > $1,500.00 required income.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-24): Rec'd exception for credit score < guideline minimum.
     09/24/2019 2 B   MD Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207901072 [REDACTED]         Credit Credit Credit Calculation / Analysis Missing Document: Alternative Credit Documentation not provided         Reviewer Comment (2019-09-30): not applicable


Buyer Comment (2019-09-26): Please clarify what documents are needed.
 09/30/2019     1 A   CA Primary Refinance - Rate/Term   C C C B C A C C Non QM Non QM No
207901072 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Rate/Term   C C C B C A C C Non QM Non QM No
207901072 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C C C B C A C C Non QM Non QM Yes
207901072 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Processing Fee.  Fee Amount of $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/27/2019     1 A   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 C C B C A C C Non QM Non QM Yes
207901072 [REDACTED]         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 $85.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 09/27/2019     1 A   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 C C B C A C C Non QM Non QM Yes
207901072 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Primary Refinance - Rate/Term   C C C B C A C C Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-09-30): Rec'd disclosure signed by Lender; exception cleared.
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Loan Package Documentation Closing / Title Originator Application Date is less than 7 days prior to consummation. Please confirm date input reflects the appropriate date.   The notary date is  [REDACTED] .     Reviewer Comment (2019-09-30): Transaction date is [REDACTED]; new exceptionset for incorrect Notary date.
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         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. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Transaction date [REDACTED]
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.99530% or Final Disclosure APR of 0.00000% is in excess of allowable threshold of APOR 3.65% + 1.5%, or 5.15000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         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. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance RESPA  -  Initial Escrow Account Statement Not Provided Timely RESPA: Initial escrow account statement was not provided to the borrower within 45 calendar days of closing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Loan closed prior to expiration of 12-day cooling off period) Texas Constitution Section 50(a)(6):  Loan closed prior to expiration of 12-day cooling off period. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Date of first payment does not begin within two (2) months from the date extension of credit was made or loan is not scheduled to be paid in equal monthly installments) Texas Constitution Section 50(a)(6): Date of first payment does not begin within two (2) months from the date extension of credit was made or loan is not scheduled to be paid in equal monthly installments. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Closing Disclosure Status Test 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. Loan is subject to high cost testing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Loan Estimate Seven Day Waiting Period TILA-RESPA Integrated Disclosure: Loan Estimate was not delivered or placed in the mail to the borrower at least seven (7) business days prior to closing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         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. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX 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 C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Rescission Period) Texas Constitution Section 50(a)(6): Notice of Right to Rescind Not Provided Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Provided Timely) Texas Constitution Section 50(a)(6):  Acknowledgment of the Fair Market Value not provided to borrower at closing. Exception is a result of notary date issue.     Reviewer Comment (2019-09-30): Removed on compliance re-run
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Exception is a result of notary date issue. Cash back proceeds are not calculated correctly due to the[REDACTED]otary date.     Reviewer Comment (2019-09-30): Transaction date [REDACTED]; exception cleared.
 09/30/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure or valid COC provided for additional fees not disclosed on Loan estimate.     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure or valid COC provided for additional fees not disclosed on Loan estimate.     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX 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
207901074 [REDACTED]         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 [REDACTED] 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. Closing Disclosure Summaries Cash To From Borrower Amount ( [REDACTED] ) vs.Closing Disclosure Final Cash To Close (Calculating Cash To Close Table)( [REDACTED] ) )     Reviewer Comment (2019-10-10): Letter of Explanation & Corrected Closing Disclosure required to cure.  Cash to close on Post Close CD are different in Calculating Cash To Close Table and Summaries of Transaction Table.
       2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207901074 [REDACTED]         Compliance Loan Package Documentation Closing / Title (Doc Error) Security Instrument Error: Notary Date was not provided   Transaction date is [REDACTED] and Notary date is [REDACTED].             2 B   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207901074 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM Yes
207901076 [REDACTED]         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.       Reviewer Comment (2019-09-30): received appraisal receipt
 09/30/2019     1 A   GA Primary Purchase   D A C A D A A A Non QM Non QM No
207901076 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.96630% or Final Disclosure APR of 5.97500% is in excess of allowable threshold of APOR 3.65% + 1.5%, or 5.15000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-30): received appraisal receipt
 09/30/2019     1 A   GA Primary Purchase   D A C A D A A A Non QM Non QM No
207901076 [REDACTED]         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.       Reviewer Comment (2019-09-30): received appraisal receipt
 09/30/2019     1 A   GA Primary Purchase   D A C A D A A A Non QM Non QM No
207901076 [REDACTED]         Credit Asset Asset Documentation Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   $ [REDACTED] EMD is not sourced.     Reviewer Comment (2019-09-30): n/a, dated after statement date
 09/30/2019     1 A   GA Primary Purchase   D A C A D A A A Non QM Non QM No
207901076 [REDACTED]         Compliance Loan Package Documentation Closing / Title Missing Final HUD-1   Missing HUD 1 from departure residence located at [REDACTED] and evidence of mortgage payoff in full.     Reviewer Comment (2019-09-30): Received
 09/30/2019     1 A   GA Primary Purchase   D A C A D A A A Non QM Non QM No
207901077 [REDACTED]         Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003   Initial Lender and Broker 100 was not provided.  The rate was locked on[REDACTED], the 1003 (D7) provided that evidences the application date of[REDACTED] is not the initial 1003.  Application date was not provided.             2 B   MI Primary Purchase   C B C A C B A A Non QM Non QM No
207901077 [REDACTED]         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 $2,072.68 and disclosure timing violations. E-Sign Consent Agreement not provided.     Reviewer Comment (2019-09-30): eConsent provided.
 09/30/2019     1 A   MI Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
207901077 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-Sign Consent Agreement not provided.     Reviewer Comment (2019-09-30): eConsent provided.
 09/30/2019     1 A   MI Primary Purchase   C B C A C B A A Non QM Non QM No
207901077 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Copies of rent checks from [REDACTED] to [REDACTED] were provided, however they are not cancelled checks.  Unable to determine if these funds cleared the borrower's account in a timely manner.  Insufficient documentation to determine 1 x 30 x 12 or 2 x 30 x 24 residential pay history required per guidelines.     Reviewer Comment (2019-09-30): Rec'd signed and completed VOR from ([REDACTED]) and Resident Ledger Summary report from ([REDACTED]) and verification of same entity; exception cleared.
 09/30/2019     1 A   MI Primary Purchase   C B C A C B A A Non QM Non QM No
207901078 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. UW exception provided.   [REDACTED]  requires 10% reduction in LTV making max LTV 70%. 768 representative FICO score > 720 guideline minimum - 48 points above guideline minimum

20.49% DTI on this Business Bank Statement documentation loan < 55% guideline max - 34.51% below program guideline maximum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-18): CRE D226
     09/18/2019 2 B   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. UW exception was not provided.  $ [REDACTED] Borrower cash out. 768 representative FICO score > 720 guideline minimum - 48 points above guideline minimum

20.49% DTI on this Business Bank Statement documentation loan < 55% guideline max - 34.51% below program guideline maximum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-09): Rec'd CRE - D234
     10/09/2019 2 B   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Missing dollar amount.             2 B   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of existence of Borrower's business within 10 days of closing or post closing was not provided.     Reviewer Comment (2019-10-09): Rec'd third party verification in trailing docs; exception cleared.
 10/09/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing HOA verification     Reviewer Comment (2019-10-14): received attestation for lender showing no HOA,


Reviewer Comment (2019-10-09): Rec'd [REDACTED] report that does not reflect $0 for HOA; Signed Borrower attestation letter of no HOA is required.
 10/14/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Property Appraisal Appraisal Reconciliation Missing secondary valuation via Desk Review, Field Review, or 2nd URAR.   Loan amounts  [REDACTED] and cash out exceeding $ [REDACTED]  requires appraisal review product that is missing from loan file.     Reviewer Comment (2019-10-09): Rec'd [REDACTED] CDA in trailing docs; exception cleared.
 10/09/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901078 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-09): Rec'd [REDACTED] CDA in trailing docs; exception cleared.
 10/09/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C B A A C A Non QM Non QM No
207901081 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   GA Primary Refinance - Cash-out - Other   B B A A B B B B Non QM Non QM No
207901081 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section B Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. Payee listed as Broker             2 B   GA Primary Refinance - Cash-out - Other Good Faith Redisclosure B B A A B B B B Non QM Non QM Yes
207901082 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP [REDACTED] eligible for R&W Relief
 10/24/2019     1 A   WI Primary Purchase   C A C A A A C A Non QM Non QM No
207901082 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: [REDACTED] / [REDACTED] not provided   Verification of [REDACTED] amount and terms not provided.     Reviewer Comment (2019-09-30): Rec'd [REDACTED] [REDACTED] confirming $350.00 monthly spousal support and $350.00 monthly [REDACTED]; exception cleared.
 09/30/2019     1 A   WI Primary Purchase   C A C A A A C A Non QM Non QM No
207901083 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Investment Purchase   C B B B     C A     No
207901083 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 816 < 1200 required 713 representative FICO score > 660 guideline minimum Originator Pre-Close Reviewer Comment (2019-09-20): CRE D128
     09/20/2019 2 B   AZ Investment Purchase   C B B B     C A     No
207901085 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___. Exception made for insufficient reserve requirement (4 months verified) versus 6 month requirement. Compensating factors are credit score 760 > 660 & cred depth with no lates Originator Pre-Close Reviewer Comment (2019-09-20): CRE D003
     09/20/2019 2 B   PA Investment Purchase   B B B B     A A     No
207901085 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception made for insufficient reserve requirement (4 months verified) versus 6 month requirement. Compensating factors are credit score 760 > 660 & cred depth with no lates Originator Pre-Close Reviewer Comment (2019-09-20): CRE d003
     09/20/2019 2 B   PA Investment Purchase   B B B B     A A     No
207901086 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   PA Investment Refinance - Rate/Term   C A A A     C A     No
207901088 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU Score of 2.1
 10/20/2019     1 A   FL Investment Purchase   C B C B     C A     No
207901088 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1197 < 1200 required 12.41 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-03): Rec'd CRE - D149
     10/03/2019 2 B   FL Investment Purchase   C B C B     C A     No
207901089 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM                 2 C   TX Investment Refinance - Cash-out - Other   C C C B     C C     No
207901089 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max LTV on Cashout Refi is 75% 61.7 months reserves > 6 months guideline minimum - borrowers have verified reserves of $72,379.78 (using cash out proceeds) Originator Reviewer Comment (2019-09-26): Received Credit Risk Summary & Exception Approval. LTV Exceeds maximum allowed. Compensating Factor: 1) Reserves.
     09/26/2019 2 B   TX Investment Refinance - Cash-out - Other   C C C B     C C     No
207901089 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Max CLTV on Cashout Refi is 75% 61.7 months reserves > 6 months guideline minimum - borrowers have verified reserves of $72,379.78 (using cash out proceeds) Originator Reviewer Comment (2019-09-26): Received Credit Risk Summary & Exception Approval. CLTV Exceeds maximum allowed. Compensating Factor: 1) Reserves.
     09/26/2019 2 B   TX Investment Refinance - Cash-out - Other   C C C B     C C     No
207901090 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): CU Score of 2.1
 10/20/2019     1 A   OH Investment Refinance - Cash-out - Other   C A C A     C A     No
207901090 [REDACTED]         Credit Insurance Insurance Documentation Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal.         Reviewer Comment (2019-09-30): Rec'd renewal policy in trailing docs; exception cleared.
 09/30/2019     1 A   OH Investment Refinance - Cash-out - Other   C A C A     C A     No
207902711 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Primary Purchase   C A A A C A C A Non QM Non QM No
207902711 [REDACTED]         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.       Reviewer Comment (2019-09-16): Appraisal tracking reflets sent date on [REDACTED] with presumed rec'd date on [REDACTED] (3-day mail rule including saturday).  Exception cleared
 09/16/2019     1 A   NV Primary Purchase   C A A A C A C A Non QM Non QM No
207902711 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.81790% or Final Disclosure APR of 5.80600% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2019-09-16): Removed on compliance re-run
 09/16/2019     1 A   NV Primary Purchase   C A A A C A C A Non QM Non QM No
207902711 [REDACTED]         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.       Reviewer Comment (2019-09-16): Appraisal tracking reflets sent date on [REDACTED] with presumed rec'd date on [REDACTED] (3-day mail rule including saturday).  Exception cleared


Buyer Comment (2019-09-13): Appraisal Delivery
 09/16/2019     1 A   NV Primary Purchase   C A A A C A C A Non QM Non QM No
207902711 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Remaining cure amount $ [REDACTED]  not provided to borrower     Reviewer Comment (2019-09-16): [REDACTED] received LEs and COCs. Exception Cleared.


Buyer Comment (2019-09-13): LE and COC
 09/16/2019     1 A   NV 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 C A Non QM Non QM Yes
207902711 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Fee disclosed was last disclosed as $ [REDACTED]  on LE but disclosed as $ [REDACTED]  on Final Closing Disclosure. Remaining cure amount $ [REDACTED]  not provided to borrower     Reviewer Comment (2019-09-16): A cure was indicated on the final CD. Exception Cleared.
 09/16/2019     1 A   NV 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 C A Non QM Non QM Yes
207902711 [REDACTED]         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. Evidence of earlier borrower receipt was not found in file.     Reviewer Comment (2019-09-16): [REDACTED] received [REDACTED] CD. Exception Cleared.


Buyer Comment (2019-09-13): Initial CD
 09/16/2019     1 A   NV Primary Purchase No Defined Cure C A A A C A C A Non QM Non QM No
207902711 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% and/or 10% tolerance violations in the amount of $ [REDACTED]  was not provided. Provide a post-close CD disclosing the tolerance cure of $ [REDACTED] , copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-09-16): Tolerance exceptions are addressed. Exception Cleared.
 09/16/2019     1 A   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A C A Non QM Non QM Yes
207902711 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. Disclosure reflects Finance Charge of $ [REDACTED]  but calculated Finance Charge of $ [REDACTED] . Variance = $ [REDACTED] .     Reviewer Comment (2019-09-18): Fee correctly labelled "Transaction Fee" and excluded from finance charge.


Buyer Comment (2019-09-17): Your calculation includes a $595 Processing Fee.  There is no $595 Processing Fee; there is a $595 Transaction Fee (Page 2, Section H05 on page 2 of final CD) and should not be included in the calculation.  Please review and advise. Thanks
 09/18/2019     1 A   NV Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C A A A C A C A Non QM Non QM Yes
207902711 [REDACTED]         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 $45.87 exceeds tolerance of $26.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/16/2019   1 A   NV Primary Purchase Final CD evidences Cure C A A A C A C A Non QM Non QM Yes
207903102 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Missing a full 30 days of pay stubs. 1 duplicated pay stub in file for a 2 week period. Guidelines require pay stubs covering a 30 day period. 39.59222% DTI on this Full documentation loan < 55% guideline max

Borrower has job stability for 7 years as a [REDACTED]		 AMC

Originator		 Reviewer Comment (2019-10-10): Received Credit Risk Summary & Exception Approval.


Buyer Comment (2019-10-08): The paystub reflect greater than 30 day YTD income, therefore they cover the 30 day requirement.
     10/10/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903102 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903102 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Fee Amount of $2.00 exceeds tolerance of $0.00 not disclosed on Loan Estimate, no offer to cure, no valid change of circumstance for the additional fee.     Reviewer Comment (2019-10-09): Letter of Explanation & Corrected Closing Disclosure provided.
   10/09/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207903102 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. TX Guaranty Fee. Fee Amount of $2.00 exceeds tolerance of $0.00 not disclosed on Loan Estimate, no offer to cure, no valid change of circumstance for the additional fee.     Reviewer Comment (2019-10-09): PCCD, LOE, check and POD provided.  See new exception for cure.
 10/09/2019     1 A   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
207903102 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. PCCD, LOE, check and POD provided.     Reviewer Comment (2019-10-09): PCCD, LOE, check and POD provided.
   10/09/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207903103 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   No approval retained in the file.     Reviewer Comment (2019-10-07): Rec'd Approval in trailing docs; exception cleared.
 10/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207903103 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   No mortgage Statement for  [REDACTED] .     Reviewer Comment (2019-10-07): Rec'd [REDACTED] confirming the property has been sold.


Buyer Comment (2019-10-03): Please review the [REDACTED] printout.  It confirms the borrower no longer owns the property at [REDACTED].  Please clear conditions for mortgage statement, taxes, and HOI.
 10/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207903103 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   No insurance evidence of  [REDACTED] .     Reviewer Comment (2019-10-17): Rec'd [REDACTED] confirming property has been sold.


Buyer Comment (2019-10-16): Please review conditions for taxes and insurance for [REDACTED].  Provided [REDACTED] showing property is no longer owned by the borrower.  Please clear both conditions.
 10/17/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207903103 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   No tax verification  for  [REDACTED] .     Reviewer Comment (2019-10-17): Rec'd [REDACTED] confirming property has been sold
 10/17/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207903103 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-07): [REDACTED] received an attesation that the Lender sends the initial disclosures including LE via [REDACTED] and electronically to give Borrower a choice.
 10/07/2019     1 A   MD Primary Purchase   C A C A C A A A Non QM Non QM No
207903103 [REDACTED]         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.       Reviewer Comment (2019-10-07): Evidence of earlier receipt of ARM disclosure provided.


Buyer Comment (2019-10-03): Please review the [REDACTED] printout.  It confirms the borrower no longer owns the property at [REDACTED].  Please clear conditions for mortgage statement, taxes, and HOI.
 10/07/2019     1 A   MD Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
207903104 [REDACTED]         Compliance Compliance State Compliance North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 7.03110% or Final Disclosure APR of 7.04500% is in excess of allowable threshold of APOR 3.65% + 2.5%, or 6.15000%.  Compliant Rate Spread Home Loan.               2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207903104 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The taxes paid were not month specific.             2 B   NC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207903104 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   26.84% DTI on this 12 Mo Personal Bank statement documentation loan < 55% guideline max - 28% below program guideline maximum

Residual income is $61,583.18		 Originator

Originator		 Reviewer Comment (2019-10-01): Rec'd CRE - D180
     10/01/2019 2 B   NC Primary Purchase   C B C B B B A A Non QM Non QM No
207903105 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirements were not met as required by guidelines, however an exception was granted based on compensating factors of 24 month credit history and residual income double the program requirement. Borrower has a disposable income of $4,896. Originator Reviewer Comment (2019-09-24): Exception in file for reserve requirements not met.
     09/24/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903105 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Insufficient funds documented in the loan file.     Reviewer Comment (2019-10-03): Rec'd updated Regions Bank balance.  Borrower has sufficient funds to close.


Buyer Comment (2019-10-03): Please include the [REDACTED] -$41,416.32.


Buyer Comment (2019-09-30): Please explain $58,998.64 for closing?  I show that the Brwr only needed $45,492.64 to close and brought $46,112.64 to closing per the receipt from Title.


Reviewer Comment (2019-09-28): Funds required to close is $58,998.64 (including $600.00 POC) and verified assets total $57,228.71 (including $600.00 POC); Borrower is short $1769.93.


Buyer Comment (2019-09-25): The brought $46,112.64 to closing which is verified.  No reserves for this file per the CRSE.
 10/03/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903105 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903105 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $79     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207903105 [REDACTED]         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 $525.00.  Insufficient or no cure was provided to the borrower. The appraisal fee increased from $525 to $600 with no valid change of circumstance.     Reviewer Comment (2019-09-26): A cure is indicated on the final CD. Exception Cured.


Buyer Comment (2019-09-25): There is a Lender Credit on the Final CD for $75.00. Please waive.
   09/26/2019   2 B   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
207903105 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Marital Status was not provided   [REDACTED]  missing.  Borrowers started the loan process as  [REDACTED] .  Deed of Trust as  [REDACTED]  .             2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207903105 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The fee was not previously disclosed to the borrower.     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   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
207903105 [REDACTED]         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 $600.00 exceeds tolerance of $525.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207903105 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-10): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/10/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207903106 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of  [REDACTED]  is less than Guideline PITIA months reserves of 4.00, but meets the exception policy based on compensating factors of $ [REDACTED]  residual income and 50% DTI $8,426 residual income

41% DTI < 55% guideline max.		 Originator

Originator		 Reviewer Comment (2019-09-24): Exception in file for reserve requirements not met.
     09/24/2019 2 B   CT Primary Purchase   B B B B A A A A Non QM Non QM No
207903107 [REDACTED]         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.               2 B   CA Investment Purchase   B B A A B B A A N/A N/A No
207903108 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Information not provided on the preliminary title work.             2 B   CA Second Home Purchase   C B C B C A A A Non QM Non QM No
207903108 [REDACTED]         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. The only CD in file reflects an issue date of  [REDACTED] .     Reviewer Comment (2019-10-07): [REDACTED] received [REDACTED] CD. Exception Cleared.
 10/07/2019     1 A   CA Second Home Purchase No Defined Cure C B C B C A A A Non QM Non QM No
207903108 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-14): Situs[REDACTED] received earlier esign consent agreement.


Reviewer Comment (2019-10-07): [REDACTED] received disclosure tracking indicating disclosure were sent electronically. Please provide documentation indicating they were sent through [REDACTED].
 10/14/2019     1 A   CA Second Home Purchase   C B C B C A A A Non QM Non QM No
207903108 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing Note / Mortgage Statement for  [REDACTED]  refi of  [REDACTED]     Reviewer Comment (2019-10-07): Rec'd signed Note and signed FIrst Payment Letter in trailing docs; exception cleared.
 10/07/2019     1 A   CA Second Home Purchase   C B C B C A A A Non QM Non QM No
207903110 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-30): Rec'd Approval in trailing docs; exception cleared.
 09/30/2019     1 A   OH Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
207903110 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Delinquent tax amount is listed as 0 months.on final CD page 3 Section F, transaction line 04.             2 B   OH Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207903111 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   SC Primary Purchase   C B B B C A C A Non QM Non QM No
207903111 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Title search was introduced on the CD and made payable to a unique provider.  No change of circumstance in file.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   SC Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A C A Non QM Non QM Yes
207903111 [REDACTED]         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 $305.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title search was introduced on the CD and made payable to a unique provider.     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.


Buyer Comment (2019-09-26): Attached is the List as Bwr is able to shop for, no refund is needed
 09/27/2019     1 A   SC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A C A Non QM Non QM Yes
207903111 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Credit Risk Summary & Exception Approval in file. Reserves: Requirements not met. Compensating factors include a strong credit history (0x12x24) and low housing DTI (32%.) 33.79536% Housing Ratio on this Full documentation loan < 40% guideline max Originator Reviewer Comment (2019-09-25): Credit Risk Summary & Exception Approval in file
     09/25/2019 2 B   SC Primary Purchase   C B B B C A C A Non QM Non QM No
207903118 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of Borrower self employment within 10 days of closing was not provided.     Reviewer Comment (2019-10-08): Rec'd copy of license.
 10/08/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207903118 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207903121 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   10 day verification of existence of business for  [REDACTED]  was not provided.     Reviewer Comment (2019-10-07): Rec'd verification dated [REDACTED].
 10/07/2019     1 A   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Lender acknowledgment of 13 NSF/Overdrafts in the most recent 12 months was not provided.     Reviewer Comment (2019-10-07): Rec'd 1008 with underwriter's commentary regarding NSF activity.
 10/07/2019     1 A   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Evidence of insurance expense for  [REDACTED]  was not provided. 2% DTI < 55%  guideline max Originator Reviewer Comment (2019-10-07): Rec'd exception for  missing hazard insurance on REO.
     10/07/2019 2 B   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___
___		 Evidence of insurance for  [REDACTED]  was not provided. 2% DTI < 55%  guideline max Originator Reviewer Comment (2019-10-07): Rec'd exception for  missing hazard insurance on REO.
     10/07/2019 2 B   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         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) Declarations section of the initial and final 1003 state that borrower intends to occupy the subject property as a primary residence.     Reviewer Comment (2019-10-10): Rec'd corrected page 3 of Final signed 1003 with changes initialed by the borrower; exception cleared.
 10/10/2019     1 A   FL Second Home Purchase   C B C B C A A A Non QM Non QM No
207903121 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Title - Municipal Lien Certificate Fee (MLC) Fee was not paid to the same provider as other fees disclosed on the initial 1003.  No cure or valid change of circumstance provided.     Reviewer Comment (2019-10-04): Fee required by Borrower's chosen provider, not paid to a party on SSPL.
 10/04/2019     1 A   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207903121 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Municipal Lien Certificate Fee (MLC).  Fee Amount of $100.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Municipal Lien Certificate Fee (MLC) Fee was not paid to the same provider as other fees disclosed on the initial 1003.  No cure or valid change of circumstance provided.     Reviewer Comment (2019-10-04): Fee required by Borrower's chosen provider, not paid to a party on SSPL.
 10/04/2019     1 A   FL 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 A A A Non QM Non QM Yes
207903122 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. LE was not provided for the change from the re-inspection fee.     Reviewer Comment (2019-10-09): Tolerance exceptions are addressed. Exception Cleared.
 10/09/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A C A Non QM Non QM Yes
207903122 [REDACTED]         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. LE was not provided for the change from the re-inspection fee.     Reviewer Comment (2019-10-09): [REDACTED] received [REDACTED] LE. Exception Cleared.


Reviewer Comment (2019-10-07): [REDACTED] received upload date of [REDACTED] for the appraisal however the closest disclosure date is [REDACTED]. Please provide missing CD or corrected CD, LOE, and refund check to cure.


Buyer Comment (2019-10-04): Just because the appraisal was completed on [REDACTED] does not mean that we had control of it.  The rule is to go by the uploaded date, which is fair.  We do not hold documents for upload.  The fee was added within three business days of the upload.

Thanks,


Reviewer Comment (2019-10-03): [REDACTED] reviewed exception. The invoice/delivery certificate indicates appraisal was sent to broker and borrower [REDACTED]. Please provide corrected CD, LOE, and refund check to cure.


Buyer Comment (2019-10-02): we did not received the appraisal back until [REDACTED] which is when the coc was done. there is no tolerance cure needed. LE went out on [REDACTED] and we did not get the appraisal until [REDACTED] which is when we did a revised LE adding the final inspection,


Reviewer Comment (2019-09-27): [REDACTED] received [REDACTED] CD however the appraisal was completed subject to on [REDACTED]. The fee was not disclosed within 3 business days of knowledge. Please provide corrected CD, LOE, and refund check to cure.
 10/09/2019     1 A   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 C A Non QM Non QM Yes
207903122 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.         Reviewer Comment (2019-09-28): Rec'd Title Commitment in trailing docs; exception cleared.
 09/28/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903122 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903122 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing. 35.83124% DTI on this Full documentation loan < 55% guideline max - 19% below program guideline maximum

8.47 months reserves > 3 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-04): Rec'd CRE - D170


Reviewer Comment (2019-09-28): Guidelines require 2 active listings as comparables and appraisal report only reflects 1; exception remains.


Buyer Comment (2019-09-27): plz note comparable is listed on the appraisal. tks
     10/04/2019 2 B   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903122 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-28): Rec'd Approval in trailing docs; exception cleared.
 09/28/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903122 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing VVOE completed within 10 days of closing.     Reviewer Comment (2019-09-28): Rec'd VVOE in trailing docs; exception cleared.
 09/28/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903122 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Warranty Deed and Title Commitment reflect  [REDACTED] and Security Instrument reflects  [REDACTED]     Reviewer Comment (2019-10-16): same


Reviewer Comment (2019-10-04): Nothing additional provided; Borrower name on Security Instrument and Note do not match Title Commitment and Warranty Deed as required.  Final Title not provided for verification..
 10/16/2019     1 A   FL Primary Purchase   C B C B C A C A Non QM Non QM No
207903123 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): R&W Relief Eligible per FreddieMac UCDP
 10/20/2019     1 A   MN Primary Purchase   C B C B A A C A Non QM Non QM No
207903123 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   MN Primary Purchase   C B C B A A C A Non QM Non QM No
207903123 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing HOA verification  [REDACTED]     Reviewer Comment (2019-10-09): Verified via [REDACTED] report and [REDACTED] property was built in 1953 and no documented HOA fees; exception cleared.


Buyer Comment (2019-10-06): Please review [REDACTED].  It shows the property is owned free and clear.  HOI would not be required on a property owned free & clear.
 10/09/2019     1 A   MN Primary Purchase   C B C B A A C A Non QM Non QM No
207903123 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing Insurance verification   [REDACTED]     Reviewer Comment (2019-10-09): Verified via [REDACTED] report property is free & clear.


Buyer Comment (2019-10-06): Please review [REDACTED].  It shows the property is owned free and clear.  HOI would not be required on a property owned free & clear.
 10/09/2019     1 A   MN Primary Purchase   C B C B A A C A Non QM Non QM No
207903123 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception was not provided.  Housing history was not provided for Borrower.  Rent free is not acceptable.  Final 1003 disclosed Borrower owns  [REDACTED] .  Fraud Report does not confirm the ownership of  [REDACTED] , current owner is  [REDACTED] .     Reviewer Comment (2019-10-22): Property is owned by the LLC


Reviewer Comment (2019-10-09): Nothing additional provided; Client comments do not pertain to this exception.


Buyer Comment (2019-10-06): Please see [REDACTED], which shows [REDACTED] is owned free and clear.  HOI would not be required.


Buyer Comment (2019-10-06): Please review [REDACTED].  It shows the property is owned free and clear.  HOI would not be required on a property owned free & clear.
 10/22/2019     1 A   MN Primary Purchase   C B C B A A C A Non QM Non QM No
207903124 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Note date is[REDACTED], however,  hazard insurance not effective until[REDACTED].     Reviewer Comment (2019-10-08): Received revised insurance
 10/08/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207903124 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207903124 [REDACTED]         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 Georgia Residential Mortgage Fee.  Fee Amount of $10.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/20/2019   1 A   GA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207903126 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Document not provided.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207903126 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207903126 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Initial and final 1003s reflect 'No' to the US Citizen and permanent resident alien questions for both borrowers. Required documentation not provided.     Reviewer Comment (2019-10-14): updated corrected 1003 and email


Buyer Comment (2019-10-11): Note: I attached the Bwrs email to show they corrected 1003 as the corrections are not as clear...


Reviewer Comment (2019-10-10): Rec'd SS cards for both borrowers.  Missing corrected, signed final 1003 reflecting them both as US [REDACTED].
 10/14/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207903126 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   Lender did not provide underwriter analysis verifying income calculations. Final 1003 page 4 state income pending. Unable to confirm/justify income used for qualifying.     Reviewer Comment (2019-10-10): Rec'd income calculation.
 10/10/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207903126 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation  was not provided - Initial and final 1003s reflect 'No' to the US Citizen and permanent resident alien questions for both borrowers. Required documentation not provided             2 B   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207903126 [REDACTED]         Credit 1003 Document Error Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Initial and final 1003s reflect 'No' to the US Citizen and permanent resident alien questions for both borrowers. Required documentation not provided     Reviewer Comment (2019-10-14): Updated 1003 provided and emails from borrower


Buyer Comment (2019-10-11): Note: I attached the Bwrs email to show they corrected 1003 as the corrections are not as clear...
 10/14/2019     1 A   FL Primary Purchase   C B C B B B C A Non QM Non QM No
207903127 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C B Non QM Non QM No
207903127 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Partial Payments. Validated     Reviewer Comment (2019-09-28): Received LOE and PC CD
   09/28/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C B Non QM Non QM Yes
207903127 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and three closed sales for the appraisal issued on [REDACTED]. DTI of 19.322%/34.726%

Residual income of $15,900+ per month		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-28): Exception approval for listing comparable
     09/28/2019 2 B   TX Primary Purchase   C B C B C B C B Non QM Non QM No
207903127 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender - Appraisal completed for broker and a transfer letter assigned the appraisal to the lender was not provided.             2 B   TX Primary Purchase   C B C B C B C B Non QM Non QM No
207903127 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal completed for broker and a transfer letter assigned the appraisal to the lender was not provided.             2 B   TX Primary Purchase   C B C B C B C B Non QM Non QM No
207903127 [REDACTED]         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 $640.00 exceeds tolerance of $505.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender cure was $135 accommodating the amount exceeding the tolerance limit.         09/20/2019   1 A   TX Primary Purchase Final CD evidences Cure C B C B C B C B Non QM Non QM Yes
207903128 [REDACTED]         Credit Income / Employment Income Documentation Employment Error: Employment start date not provided. -       Reviewer Comment (2019-10-09): CPA letter in file verifies duration stated on application; exception cleared.
 10/09/2019     1 A   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         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 $275.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-08): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/08/2019   2 B   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207903128 [REDACTED]         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 VVOE     Reviewer Comment (2019-10-09): Rec'd third party verification of business in trailing docs; exception cleared.
 10/09/2019     1 A   MS Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
207903128 [REDACTED]         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. Missing 3rd party verification     Reviewer Comment (2019-10-09): Rec'd third party verification of business in trailing docs; exception cleared.
 10/09/2019     1 A   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing 3rd party VVOE showing borrower is self employed and still active.     Reviewer Comment (2019-10-09): Rec'd third party verification of business in trailing docs; exception cleared.
 10/09/2019     1 A   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing. Borrower on this 12 MO Personal Bank Statement documentation loan has a disposable income of $4,806.67

43.13336% DTI on this 12 MO Personal Bank Statement documentation loan < 55% guideline max - 11% below program guideline maximum		 Originator

Originator		 Reviewer Comment (2019-10-09): Rec'd CRE - D196
     10/09/2019 2 B   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence  [REDACTED]  student loans are deferred for 12 months from the date of closing, if unable to provide DTI will exceed guidelines @ 59.45%     Reviewer Comment (2019-10-09): Loan summary verification reflects loan deferred until [REDACTED]; exception cleared.
 10/09/2019     1 A   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing Third Party Verification of the existence of borrower's business completed within 10 days of closing.     Reviewer Comment (2019-10-09): Rec'd third party verification in trailing docs; exception cleared.
 10/09/2019     1 A   MS Primary Purchase   C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure[REDACTED] 12:00:00 AM was received. LE dated[REDACTED] was not received until[REDACTED]     Reviewer Comment (2019-10-15): Disclosure summary document ID 169 confirms receipt on [REDACTED]
 10/15/2019     1 A   MS Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207903128 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. LE dated[REDACTED] was not received until[REDACTED]     Reviewer Comment (2019-10-15): Disclosure summary document ID 169 confirms receipt on [REDACTED]
 10/15/2019     1 A   MS Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207903129 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing mortgage statement.     Reviewer Comment (2019-10-02): Tax verification for property is in the file and is supported by Fraud report; exception cleared.


Buyer Comment (2019-09-28): Taxes are in file
 10/02/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207903129 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. The appraisal reflects annual HOA dues of $ [REDACTED] .     Reviewer Comment (2019-10-08): Letter of Explanation & Corrected Closing Disclosure provided
   10/08/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207903129 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. No cure provided         09/20/2019   1 A   FL Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207903129 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing lease agreement for  [REDACTED]  property.     Reviewer Comment (2019-10-02): Rental income on departure residence was not used to qualify; exception cleared.
 10/02/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207903130 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU Score of 2.2
 10/20/2019     1 A   TX Investment Purchase   C A A A     C A     No
207903131 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   NJ Investment Refinance - Rate/Term   C A A A     C A     No
207903132 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU score of 2.1
 10/20/2019     1 A   FL Investment Refinance - Rate/Term   C A A A     C A     No
207903133 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Investment Refinance - Cash-out - Other   C A A A     C A     No
207903134 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Final divorce decree Compensating factor- age of divorce is 1986, credit score & rate reduction fro 10.75% to 6.15% -  Borrower is 73 years old Originator Pre-Close Reviewer Comment (2019-09-24): CRE D03
     09/24/2019 2 B   FL Investment Refinance - Rate/Term   C B C B     C A     No
207903134 [REDACTED]         Credit Asset Asset Documentation Insufficient funds for Reserves. Guidelines require ___, and verified reserves are ___.   793 representative FICO score > 640 guideline minimum Originator Pre-Close Reviewer Comment (2019-09-24): CRE D003
     09/24/2019 2 B   FL Investment Refinance - Rate/Term   C B C B     C A     No
207903134 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Refinance - Rate/Term   C B C B     C A     No
207903134 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   793 representative FICO score > 640 guideline minimum Originator Pre-Close Reviewer Comment (2019-09-24): CRE D003
     09/24/2019 2 B   FL Investment Refinance - Rate/Term   C B C B     C A     No
207903134 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1138 < 1200 required Compensating factor- age of divorce is 1986, credit score & rate reduction fro 10.75% to 6.15% -  Borrower is 73 years old

793 representative FICO score > 640 guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-01): Rec'd CRE - D129
     10/01/2019 2 B   FL Investment Refinance - Rate/Term   C B C B     C A     No
207903135 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property square footage @ 1188 < 1200 required 125.23 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-09-28): Rec'd CRE - D197
     09/28/2019 2 B   OH Investment Refinance - Cash-out - Other   C B C B     A A     No
207903135 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-28): Rec'd Approval in trailing docs; exception cleared.
 09/28/2019     1 A   OH Investment Refinance - Cash-out - Other   C B C B     A A     No
207903136 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Purchase   C B B B     C A     No
207903136 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max LTV for DSCR @ 1 is 75% 20 months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-09-24): CRE D002
     09/24/2019 2 B   FL Investment Purchase   C B B B     C A     No
207903393 [REDACTED]         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 $329.00 exceeds tolerance of $241.00 plus 10% or $265.10.  Sufficient or excess cure was provided to the borrower at Closing.           09/12/2019   1 A   FL Primary Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207903393 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           09/12/2019   1 A   FL Primary Purchase Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207903393 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207904449 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-16): CU Score of 1.8
 10/16/2019     1 A   CT Investment Purchase   C B C B     C A     No
207904449 [REDACTED]         Credit Guideline General Subject property DSCR is less than the minimum required for the program.   DSCR @ .99 Reserves of $35,458.62 Originator Pre-Close Reviewer Comment (2019-10-10): Exception form in file, dated [REDACTED]
     10/10/2019 2 B   CT Investment Purchase   C B C B     C A     No
207904449 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. DSCR @.99 < 1 Reserves of $35,458.62 Originator Pre-Close Reviewer Comment (2019-10-10): Exception form in file, dated [REDACTED]
     10/10/2019 2 B   CT Investment Purchase   C B C B     C A     No
207904549 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible Property square footage @ 1125 < 1200 required 735 representative FICO score > 660 guideline minimum Originator Pre-Close Reviewer Comment (2019-09-24): CRE D004
     09/24/2019 2 B   GA Investment Purchase   C B B B     C B     No
207904549 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-23): received CDA
 10/23/2019     1 A   GA Investment Purchase   C B B B     C B     No
207904549 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   GA Investment Purchase   C B B B     C B     No
207904553 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-03): Rec'd Approval in trailing docs; exception cleared.
 10/03/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207904553 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. LTV does not meet Max LTV 75% allowed for Investment Property and Cash Out per guidelines. 71 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-03): Rec'd CRE - D220
     10/03/2019 2 B   TN Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207904553 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. CLTV does not meet Max CLTV 75% allowed for Investment Property and Cash Out per guidelines. 71 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-03): Rec'd CRE - D220
     10/03/2019 2 B   TN Investment Refinance - Cash-out - Other   C B C B A A A A N/A N/A No
207904558 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   SC Second Home Purchase   C C C A A A C C Non QM Non QM No
207904558 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing  [REDACTED] statement from  [REDACTED] as reflected on the income worksheet.     Reviewer Comment (2019-10-01): Rec'd missing bank statement; exception cleared.


Buyer Comment (2019-09-26): What specific date are you referring?  The statements are in file.
 10/01/2019     1 A   SC Second Home Purchase   C C C A A A C C Non QM Non QM No
207904559 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing evidence of insurance.     Reviewer Comment (2019-10-01): Property is not owned by Borrower.  Property is owned by Borrower's Mother and is leased to business; property taxes are paid by the business.  Mortgage statement is for other property owned by Mother and Borrower is maker on Note; mortgage debt included in liabilities for Borrower.


Buyer Comment (2019-09-26): Per Brwr: This property is leased not owned. No insurance.
 10/01/2019     1 A   AL Second Home Purchase   C A C A A A A A Non QM Non QM No
207904559 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence of property taxes on  [REDACTED] .     Reviewer Comment (2019-10-01): Property is not owned by Borrower.  Property is owned by Borrower's Mother and is leased to business; property taxes are paid by the business.  Mortgage statement is for other property owned by Mother and Borrower is maker on Note; mortgage debt included in liabilities for Borrower.
 10/01/2019     1 A   AL Second Home Purchase   C A C A A A A A Non QM Non QM No
207904562 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing evidence NSF and overdraft activity was reviewed for acceptability.     Reviewer Comment (2019-09-30): 1008 provided indicated UW reviewed NSF's/Overdrafts and determined file acceptable with NSF/Overdraft activity; exception cleared.
 09/30/2019     1 A   CO Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207904563 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Notary acknowledgement reflects borrowers' appeared date as [REDACTED]however notary signature date is [REDACTED]Corrected jurat required.     Reviewer Comment (2019-10-01): Compliance testing conducted following exception clearing changed loan from non-compliant HPML to compliant HPML. New exception opened for compliant HPML.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and six closed sales for the appraisal issued on[REDACTED]. Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $13,635.91

712 representative FICO score > 660 guideline minimum - 52 points above guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-08): Rec'd CRE - D299
     10/08/2019 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-01): Rec'd Approval in trailing docs; exception cleared.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         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. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect  [REDACTED] .     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.19390% or Final Disclosure APR of 0.00000% is in excess of allowable threshold of APOR 3.59% + 1.5%, or 5.09000%.  Non-Compliant Higher Priced Mortgage Loan. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         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. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Compliance Compliance Federal Compliance TRID Closing Disclosure Status Test 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. Loan is subject to high cost testing. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [REDACTED] not received by borrower at least four (4) business days prior to closing. The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Rec'd recorded Security Instrument with correct Notary date.
 10/01/2019     1 A   TX Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   The notary date on the Security Instrument is [REDACTED] The actual consummation date should reflect [REDACTED].     Reviewer Comment (2019-10-01): Compliance testing conducted following exception clearing changed loan from non-compliant HPML to compliant HPML. New exception opened for compliant HPML.
 10/01/2019     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
207904563 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. No cure provided for fee not disclosed on Loan Estimate.     Reviewer Comment (2019-10-22): Situs[REDACTED] received required documents, exception is cured.
   10/22/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207904563 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No cure provided for fee not disclosed on Loan Estimate.     Reviewer Comment (2019-10-22): Situs[REDACTED] received required documents, exception is cured.
   10/22/2019   2 B   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
207904564 [REDACTED]         Compliance Compliance Federal Compliance RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.               2 B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
207904565 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.   Secondary valuation not provided     Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MN Investment Purchase   C B C A B B C A N/A N/A No
207904565 [REDACTED]         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. Proof of delivery of original and updated appraisal reports was not provided.             2 B   MN Investment Purchase   C B C A B B C A N/A N/A No
207904565 [REDACTED]         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. Proof of delivery of original and updated appraisal reports was not provided.             2 B   MN Investment Purchase   C B C A B B C A N/A N/A No
207904565 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ HOA verification  [REDACTED]  was not provided.     Reviewer Comment (2019-10-01): Rec'd Lender Certification of no HOA and [REDACTED] Property profile showing no HOA; exception cleared.
 10/01/2019     1 A   MN Investment Purchase   C B C A B B C A N/A N/A No
207904566 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207904566 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   The appraisal is missing an additional comparable property listing.  2 required per guidelines. DTI of 23.278%/30.048%

17 months of reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-28): Exception approval for use of 1 comparable listing
     09/28/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207904566 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing third party verification of the existence of borrower's business completed within 10 days of closing.     Reviewer Comment (2019-09-28): Received third party search
 09/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207904567 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required.
 10/18/2019     1 A   GA Primary Purchase   C A A A A A C A Non QM Non QM No
207904570 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Number of months was not indicated.             2 B   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
207904570 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The Title Service Fee was introduced on the CDs and payable to a unique provider.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   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
207904570 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $250.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The Title Service Fee was introduced on the CDs and payable to a unique provider.     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/27/2019     1 A   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
207904571 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/22/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207904571 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___
___		 HOA verification missing  [REDACTED]     Reviewer Comment (2019-09-28): Received printout showing 251.00 per month for HOA
 09/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207904571 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   HOA verification missing   [REDACTED]     Reviewer Comment (2019-09-28): Received printout showing 251.00 per month for HOA
 09/28/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207904572 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. The amount paid is not month specific.             2 B   KY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207904572 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The survey was added on the CD with no change of circumstance.  The payee was a unique provider.     Reviewer Comment (2019-09-27): Tolerance exceptions are addressed. Exception Cleared.
 09/27/2019     1 A   KY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207904572 [REDACTED]         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 $500.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The survey was added on the CD with no change of circumstance.  The payee was a unique provider.     Reviewer Comment (2019-09-27): [REDACTED] reviewed exception. The fee was outsourced by chosen provider. Exception Cleared.
 09/27/2019     1 A   KY 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
207904573 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-01): Rec'd Supplemental report in trailing docs; exception cleared.
 10/01/2019     1 A   WA Primary Purchase   C C C A C B C C Non QM Non QM No
207904573 [REDACTED]         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 $429.00 on Final Closing Disclosure provided on [REDACTED] not accurate. No HOA dues reflected on the appraisal.     Reviewer Comment (2019-10-01): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/01/2019   2 B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C A C B C C Non QM Non QM Yes
207904573 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM   Securitization Review requires a secondary valuation with a Desk Review or higher.             2 C   WA Primary Purchase   C C C A C B C C Non QM Non QM No
207904574 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207904574 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Fee Terminology TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [REDACTED] did not use the same fee terminology as the Loan Estimate. Initial Loan Estimate reflected Title- Governmental Surcharge fee however, fee name changed to Title - E Recording Fee on Final Closing Disclosure.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207904574 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Seller Closing Disclosure and Closing Statement in the file for departing residence,  [REDACTED] , is preliminary report and Final Closing Disclosure and or receipt of the closing funds is not evident.     Reviewer Comment (2019-10-01): Rec'd Final signed Closing Statement in trailing docs; exception cleared.
 10/01/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207904574 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   PITIA reserves not met due to missing final CD from sale of departing residence. Closing statement and CD in the file are both preliminary and evident of final funds received is not evident.     Reviewer Comment (2019-10-01): Rec'd Final signed Closing Statement in trailing docs; exception cleared.
 10/01/2019     1 A   FL Primary Purchase   C B C A B B C A Non QM Non QM No
207904575 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. UW exception was not provided.  Borrower FICO determines LTV max 70%.  Subject transaction LTV 75.29412% exceeds maximum. 5% DTI <55% guideline max.

Borrower has a disposable income of $132,639.		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd exception for LTV exceeds guideline maximum.
     10/03/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207904576 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207904576 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Divorce Decree / Child Support not provided   Initial and Final 1003's state  [REDACTED]  however, borrower took title as  [REDACTED] .   [REDACTED]  required and missing.     Reviewer Comment (2019-10-07): Received corrected 1003 page showing Borrower as unmarried
 10/07/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207904576 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation missing regarding change in banks for bank statement program.  Banks utilized for income are  [REDACTED]  and  [REDACTED] .     Reviewer Comment (2019-10-07): n/a


Buyer Comment (2019-10-04): Still carrying the same business name, this was not abnormal to use two accounts not call for and exception to do so.

tks
 10/07/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207904577 [REDACTED]         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 [REDACTED] 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. The Calculating Cash to Close section reflects -$ [REDACTED] , whereas the Summaries section reflects $ [REDACTED] .             2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207904577 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207904577 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-30): Rec'd Approval in trailing docs; exception cleared.
 09/30/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C A B B C A Non QM Non QM No
207904578 [REDACTED]         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.               2 B   IL Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM Yes
207904580 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-01): Rec'd Short Form Residential Loan Policy in trailing docs; exception cleared.
 10/01/2019     1 A   TN Primary Refinance - Cash-out - Other   C C C B B B C C Non QM Non QM No
207904580 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-01): Rec'd Short Form Residential Loan Policy in trailing docs; exception cleared.
 10/01/2019     1 A   TN Primary Refinance - Cash-out - Other   C C C B B B C C Non QM Non QM No
207904580 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   TN Primary Refinance - Cash-out - Other   C C C B B B C C Non QM Non QM No
207904580 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Appraised value is [REDACTED], lender used $ [REDACTED]  as property valuation.             2 B   TN Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C C C B B B C C Non QM Non QM Yes
207904580 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided.         09/23/2019   1 A   TN Primary Refinance - Cash-out - Other Final CD evidences Cure C C C B B B C C Non QM Non QM Yes
207904580 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Legal description for subject property evidences multiple parcels conveyed.  Unable to determine if parcels are adjoining, have only 1 dwelling unit, or have the same zoning.  Additionally it appears that both parcel taxes were not captured in the DTI or considered in the appraisal.     Reviewer Comment (2019-10-01): Legal description reflects one parcel with two tracts; exception cleared.


Buyer Comment (2019-09-27): Note: Uploaded is email from Title Company; There is 2 tracts on one parcel, thanks
 10/01/2019     1 A   TN Primary Refinance - Cash-out - Other   C C C B B B C C Non QM Non QM No
207904580 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Transferred in appraisal not completed by an Appraisal Management Company as required per guidelines.  Lender exception provided. LTV of 75.26882 % is below the program maximum of 80% by 4.73118%

Borrower on this full documentation loan has a disposable income of $2,710.01,$1,210.01 > program minimum of $1,500.		 Originator

Originator		 Reviewer Comment (2019-09-24): Exception in file.  Transferred appraisal has no [REDACTED] used to order report.
     09/24/2019 2 B   TN Primary Refinance - Cash-out - Other   C C C B B B C C Non QM Non QM No
207904581 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing two listing comp sales to the appraisal required per guidelines. Borrower  has a disposable income of $4,983 Originator Reviewer Comment (2019-09-28): Execption approval for missing comparable based on Payment shock and residual income
     09/28/2019 2 B   OH Primary Purchase   C B C B A A C A Non QM Non QM No
207904581 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Primary Purchase   C B C B A A C A Non QM Non QM No
207904581 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Self-employed borrower.  Missing independent verification of the business verified through a disinterested third party (CPA, regulatory agency, licensing bureau or verification of a phone and address listing using the internet) within 10 calendar days prior to or any time after closing.     Reviewer Comment (2019-09-28): All business documentation list borrower and only borrower
 09/28/2019     1 A   OH Primary Purchase   C B C B A A C A Non QM Non QM No
207904581 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Exception approval granted for reserves - residual income compensating factor Borrower  has a disposable income of $4,983 Originator Reviewer Comment (2019-09-24): Exception in file for reserves < guideline minimum.
     09/24/2019 2 B   OH Primary Purchase   C B C B A A C A Non QM Non QM No
207904583 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Information was not completed on the final CD     Reviewer Comment (2019-10-07): [REDACTED] received PCCD correcting page 5 and LOE. Exception Cured.
   10/07/2019   2 B   UT Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207904583 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   UT Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207904583 [REDACTED]         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 $ [REDACTED]  and disclosure timing violations. E-Consent not evident in the file.     Reviewer Comment (2019-10-07): [REDACTED] received disclosure tracking indicating the LE was also mailed through [REDACTED]. Exception Cleared.
 10/07/2019     1 A   UT Primary Refinance - Cash-out - Other No Defined Cure C B C A C B C A Non QM Non QM No
207904583 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-Consent not evident in the file.     Reviewer Comment (2019-10-07): [REDACTED] received disclosure tracking indicating the LE was also mailed through [REDACTED]. Exception Cleared.
 10/07/2019     1 A   UT Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207904583 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Lender excluded all deposit transfers from bank account ending # [REDACTED] , stating transfer is from business bank account. Missing verification that bank account # [REDACTED]  is business bank account.     Reviewer Comment (2019-10-10): Rec'd business bank statement in trailing docs; exception cleared.
 10/10/2019     1 A   UT Primary Refinance - Cash-out - Other   C B C A C B C A Non QM Non QM No
207904584 [REDACTED]         Credit Credit Credit Calculation / Analysis Missing Document: Alternative Credit Documentation not provided         Reviewer Comment (2019-09-30): Erroneous; exception cleared.


Buyer Comment (2019-09-26): Please specify what this is or what it's for?
 09/30/2019     1 A   CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
207904584 [REDACTED]         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 (2019-10-04): Non-QM based on meeting Guideline Residual Income requirements
 10/04/2019     1 A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C A C B C A Non QM Non QM Yes
207904584 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Asset Qualification Loan Ability to Repay (Dodd-Frank 2014): It is questionable whether this loan meets ATR requirements.               2 B   CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
207904584 [REDACTED]         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   CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
207904584 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): R&W Relief eligible per [REDACTED] UCDP
 10/20/2019     1 A   CA Primary Refinance - Rate/Term   C B C A C B C A Non QM Non QM No
207904585 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207904585 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-10-07): Rec'd disclosure signed by the lender.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A A C B C A Non QM Non QM Yes
207904585 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. Final CD dated [REDACTED] was not executed by Borrower.     Reviewer Comment (2019-10-11): Final CD was executed on [REDACTED]; exception cleared on compliance re-run.


Reviewer Comment (2019-10-07): The RTC expires[REDACTED] The earliest disbursement date ([REDACTED] is [REDACTED]) is [REDACTED].  The CD reflects [REDACTED].


Buyer Comment (2019-10-03): CD dated [REDACTED] signed by Bwr; no need to re-open rescission
 10/11/2019     1 A   TX 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 C A Non QM Non QM Yes
207904585 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Final CD dated [REDACTED] was not executed by Borrower.     Reviewer Comment (2019-10-11): Final CD was executed on [REDACTED]; exception cleared on compliance re-run.


Reviewer Comment (2019-10-07): The RTC expires[REDACTED] The earliest disbursement date ([REDACTED] is [REDACTED]) is [REDACTED].  The CD reflects [REDACTED].


Buyer Comment (2019-10-03): No need to re-open rescission as CD was signed by Bwr on [REDACTED]
 10/11/2019     1 A   TX 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 C A Non QM Non QM Yes
207904585 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $235.00, calculated value $237.00.     Reviewer Comment (2019-10-16): Letter of Explanation & Corrected Closing Disclosure provided.
   10/16/2019   2 B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207904585 [REDACTED]         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 $700.00 exceeds tolerance of $465.00.  Insufficient or no cure was provided to the borrower. ERRONEOUS.  Cure or $235.00 provided to Borrower at closing.     Reviewer Comment (2019-10-04): A cure was provided at closing. Exception Cured.


Buyer Comment (2019-10-03): CD dated [REDACTED] signed by Bwr with Cure of $235 for the increase of Appraisal Fee; no refund is needed or req'd as we gave a credit at closing
   10/04/2019   2 B   TX 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 C A Non QM Non QM Yes
207904585 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Policy Guarantee Fee amount of $2.00 exceeds tolerance of $0.00.  Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-16): PCCD, LOE, check copy, POD and RTC provided.  See new exception for cure.
 10/16/2019     1 A   TX 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 C A Non QM Non QM Yes
207904585 [REDACTED]         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 $700.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower. Cured at closing     Reviewer Comment (2019-10-16): Cured at closing
 10/16/2019     1 A   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207904585 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. PCCD, LOE, check copy, POD and RTC provided.     Reviewer Comment (2019-10-16): PCCD, LOE, check copy, POD and RTC provided.
   10/16/2019   2 B   TX Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM Yes
207904586 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Demand Feature TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains a Demand Feature. Final Closing Disclosure provided on [REDACTED] did not  disclose whether the loan contains a Demand Feature.             2 B   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
207904586 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Negative Amortization TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan contains Negative Amortization. Final Closing Disclosure provided on [REDACTED] did not disclose whether the loan contains Negative Amortization.     Reviewer Comment (2019-09-28): Received LOE and PC CD
   09/28/2019   2 B   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
207904586 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Partial Payments. Final Closing Disclosure provided on [REDACTED] did not disclose whether the loan allows for Partial Payments.     Reviewer Comment (2019-09-28): Received PC CD and LOE
   09/28/2019   2 B   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
207907370 [REDACTED] W2019070167       Property Property - Appraisal Appraisal Documentation Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -       Reviewer Comment (2019-08-29): Lender accepts pictures, CO detector was installed was only issue..


Buyer Comment (2019-08-27): we allow pictures of the smoke detectors installed in lieu of a 1004D.  These were uploaded with the initial package.
 08/29/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A A A C A N/A N/A No
207907373 [REDACTED] W2019060141       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Per guidelines, 12 months PITI in reserves for subject property and then also two more additional PITI in reserves for owner occupied property. Funds short in file.     Reviewer Comment (2019-08-28): Assets were updated to include IRA account - sufficient reserves verified.


Buyer Comment (2019-08-26): Our UW is showing that we have excess reserves....please review their worksheet.  If you disagree please point out the differences for clarity.
 08/28/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207907375 [REDACTED] W2019060161       Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided         Reviewer Comment (2019-08-29): Tax Certificate was provided.


Buyer Comment (2019-08-27): tax bill
 08/29/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C A C A C A A A Non QM Non QM No
207907375 [REDACTED] W2019060161       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 Closing Disclosure dated [REDACTED] was not received by the borrowers at least 3 business days prior to the closing date of [REDACTED].     Reviewer Comment (2019-08-28): [REDACTED] reviewed [REDACTED] received [REDACTED]. Exception Cleared.


Buyer Comment (2019-08-27): see uploaded PC CD, closing date is [REDACTED].  Email to borrower uploaded.
 08/28/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C A C A C A A A Non QM Non QM No
207907376 [REDACTED] W2019070005       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. Document in file reflects appraisal received by borrower[REDACTED] however appraisal signature date is[REDACTED] with effective date of [REDACTED].     Reviewer Comment (2019-09-09): Received acknowledgement that all appraisals were received prior to closing.


Buyer Comment (2019-09-05): see appraisal acknowledgment signed at closing.
 09/09/2019     1 A   CA Second Home Purchase   C B A A C B A A Non QM Non QM No
207907376 [REDACTED] W2019070005       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of  [REDACTED] on Final Closing Disclosure provided on [REDACTED] not accurate. Final CD reflects costs over Year 1 of $ [REDACTED]  however real estate taxes are  [REDACTED] , HOI of $ [REDACTED]  and other insurance of $ [REDACTED] .     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cured.


Buyer Comment (2019-09-03): see corrected email and PC CD
   09/04/2019   2 B   CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207907376 [REDACTED] W2019070005       Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD not within loan file.     Reviewer Comment (2019-09-04): Situs[REDACTED] received required documents, exception is cured.
   09/04/2019   2 B   CA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207907377 [REDACTED] W2019050219       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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. 1 yr. income tax return, UW used  [REDACTED] , extension in file for  [REDACTED]  transcript.     Reviewer Comment (2019-08-22): Client elects to waive.


Buyer Comment (2019-08-20): See Prior Comment


Buyer Comment (2019-08-20): please waive as extension good through October.
     08/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207907377 [REDACTED] W2019050219       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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. 1 yr. income tax return, UW used  [REDACTED]  extension in file for [REDACTED]  transcript.     Reviewer Comment (2019-08-22): Client elects to waive.


Buyer Comment (2019-08-20): Please see Prior Comment
     08/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207907377 [REDACTED] W2019050219       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 [REDACTED],  Most Recent Tax Return End Date [REDACTED], Tax Return Due Date [REDACTED]. 1 yr. income tax return, UW used  [REDACTED] , extension in file for  [REDACTED] transcript.     Reviewer Comment (2019-08-22): Client elects to waive.


Buyer Comment (2019-08-20): Please see prior Comment
     08/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207907377 [REDACTED] W2019050219       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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. Security instrument notarized [REDACTED].     Reviewer Comment (2019-08-21): Situs[REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-08-20): see corrected PC CD dates are ok.
 08/21/2019     1 A   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 B A A Non QM Non QM Yes
207907377 [REDACTED] W2019050219       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Security instrument notarized [REDACTED]     Reviewer Comment (2019-08-21): [REDACTED] received required documents, exception is cured.


Buyer Comment (2019-08-20): uploaded in other condition
   08/21/2019   1 A   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
207907377 [REDACTED] W2019050219       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Balance owed is $ [REDACTED] . Six months of hazard would be $ [REDACTED] , CD states 6 months @ $ [REDACTED] .     Reviewer Comment (2019-08-21): Situs[REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-08-20): $5847.67 is the amount of the prepaid existing balance due.  We collected 7 months not 6 and that total is correct as shown for $7107.94.
 08/21/2019     1 A   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
207907377 [REDACTED] W2019050219       Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of ___ is greater than Guideline maximum loan amount of ___.   Ownership of subject property of 5 years or greater. Owned property for 10 years.

Borrower has employment stability for 25 years in [REDACTED].

Borrower has job stability for 15 years as a [REDACTED].

DTI below max by 5% or greater. DTI: 43.36959%%		 Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-08-22): Client elects to waive based on compensating factors.


Buyer Comment (2019-08-20): exception was uploaded with initial file.  uploading again.
     08/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207907394 [REDACTED] C2019060158       Credit Loan Package Documentation Closing / Title Missing Document: Closing Protection Letter not provided         Reviewer Comment (2019-08-29): Closing Protection Letter was provided.


Buyer Comment (2019-08-26): uploaded
 08/29/2019     1 A   MN Investment Purchase   C A C A     A A     No
207908954 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-23): Rec'd commitment with sufficient coverage.
 09/23/2019     1 A   AL Second Home Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207908954 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Hazard insurance premium is 1 [REDACTED]  monthly, CD reflects upfront insurance collected for 11 months is $ [REDACTED] , however should reflect $ [REDACTED] .             2 B   AL Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207908954 [REDACTED]         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 Loan Discount Points.  Fee Amount of $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing. Fee disclosed was last disclosed as $ [REDACTED] on LE but disclosed as $ [REDACTED]  on Final Closing Disclosure.         09/16/2019   1 A   AL Second Home Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207908954 [REDACTED]         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 $127.85 exceeds tolerance of $75.00.  Sufficient or excess cure was provided to the borrower at Closing. Fee disclosed was last disclosed as $75 on LE but disclosed as $127.85 on Final Closing Disclosure.         09/16/2019   1 A   AL Second Home Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207908954 [REDACTED]         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 Flood Certification (Life Of Loan).  Fee Amount of $24.00 exceeds tolerance of $12.00.  Sufficient or excess cure was provided to the borrower at Closing. Fee disclosed was last disclosed as $12 on LE but disclosed as $24 on Final Closing Disclosure.         09/16/2019   1 A   AL Second Home Refinance - Cash-out - Other Final CD evidences Cure C B C B B B C A Non QM Non QM Yes
207908954 [REDACTED]         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 [REDACTED] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. Closing costs financed paid from for in the loan amount on the Final CD  reflects $0.             2 B   AL Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B B B C A Non QM Non QM Yes
207908954 [REDACTED]         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 (2019-10-23): Received CDA
 10/23/2019     1 A   AL Second Home Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207908954 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Issue:  Refinance seasoning requirements not met   1 mos < 6mos required. DTI under max 55%

LTV 65% less than 80%

Amount of residual income: $5661 greater than min of $1500		 Originator

Originator

AMC		 Reviewer Comment (2019-09-17): CRE D229
     09/17/2019 2 B   AL Second Home Refinance - Cash-out - Other   C B C B B B C A Non QM Non QM No
207908955 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Primary Purchase   C A A A A A C A Non QM Non QM No
207909053 [REDACTED] W2019060450       Credit Loan Package Documentation Application / Processing Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided         Reviewer Comment (2019-08-29): Loan Underwriting and Transmittal Summary (1008) was provided.


Buyer Comment (2019-08-27): appraisal was transferred into our name...if this is not acceptable, please waive.  Transfer letter was uploaded with initial package.
 08/29/2019     1 A   CA Primary Refinance - Rate/Term   C C C A C C B A Non QM Non QM No
207909053 [REDACTED] W2019060450       Property Property - Appraisal Appraisal Reconciliation Appraisal is required to be in name of Lender - Guidelines allow transferred appraisals on a case-by-case basis.     Reviewer Comment (2019-09-10): Transfer letter in file. UW approved and acknowledged transfer of appraisal. Level 2.


Buyer Comment (2019-09-06): appraisal transferred....please waive as letter is all we get, not new appraisal in our name.
 09/10/2019     1 A   CA Primary Refinance - Rate/Term   C C C A C C B A Non QM Non QM No
207909053 [REDACTED] W2019060450       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.       Reviewer Comment (2019-09-12): Evidence provided to show updated package sent [REDACTED] with this disclosure.
 09/12/2019     1 A   CA Primary Refinance - Rate/Term No Defined Cure C C C A C C B A Non QM Non QM No
207909053 [REDACTED] W2019060450       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.       Reviewer Comment (2019-09-12): Evidence provided to show updated package sent [REDACTED] with this disclosure.
 09/12/2019     1 A   CA Primary Refinance - Rate/Term No Defined Cure C C C A C C B A Non QM Non QM No
207909053 [REDACTED] W2019060450       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. The loan application has the application date as [REDACTED].  List was not given until [REDACTED].  Please provide proof of application date or proof disclosure was given to borrower within 3 business days of [REDACTED].     Reviewer Comment (2019-09-12): Received evidence disclosure was provided within 3 days of app.
 09/12/2019     1 A   CA Primary Refinance - Rate/Term   C C C A C C B A Non QM Non QM No
207909053 [REDACTED] W2019060450       Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. eConsent not viewed until  [REDACTED] .             3 C   CA Primary Refinance - Rate/Term   C C C A C C B A Non QM Non QM No
207909054 [REDACTED] W2019070322       Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Lender on Hazard Insurance Policy is [REDACTED]. does not include its successors and assigns.     Reviewer Comment (2019-09-10): Received updated policy including Lender its successors and assigns.
 09/10/2019     1 A   CA Primary Purchase   B A B A A A A A Non QM Non QM No
207909055 [REDACTED] W2019060456       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Final CD reflects a closing date of [REDACTED] and a disbursement date of [REDACTED]. Notary date on Security Instrument reflects [REDACTED].     Reviewer Comment (2019-09-12): [REDACTED] received required documents, exception is cured.


Buyer Comment (2019-09-12): see  corrections


Reviewer Comment (2019-09-11): PCCD shows closing and disbursement date of [REDACTED], and notary date indicates consummation took place on [REDACTED].  PCCD and LOE required in order to address the exception.


Buyer Comment (2019-09-10): See PC CD uploaded with cure docs
   09/12/2019   1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207909055 [REDACTED] W2019060456       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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final CD does not reflect a cure for the tolerance violation regarding lender credit.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cured.


Buyer Comment (2019-09-10): see PC CD uploaded with cure docs
   09/11/2019   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207909055 [REDACTED] W2019060456       Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   The final 1003 reflects the borrower's changed the declarations ([REDACTED]) from being U.S. Citizens to being Permanent Resident Aliens.     Reviewer Comment (2019-09-11): Received front and back of permanent resident cards.
 09/11/2019     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207909055 [REDACTED] W2019060456       Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ The borrowers are first-time homebuyers and therefore the maximum payment shock allowed is 200%. The actual payment shock exceeds this by 74.13373%. Residual income greater than 2X the requirement. Amount of residual income: $8,000.00.

Borrower has employment stability for 20 years as [REDACTED] of [REDACTED].

DTI below max by 6% or greater. DTI: 36.17767% versus guideline maximum of 50.00%		 Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-09-06): Lender elects to waive with compensating factors.


Buyer Comment (2019-09-05): see exception
     09/06/2019 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
207909055 [REDACTED] W2019060456       Compliance Compliance Federal Compliance TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-684.65  is less than amount of binding Lender Credit previously disclosed in the amount of $-1,455.65. There is no evidence that a cure for $771 difference was provided to the borrower.     Reviewer Comment (2019-09-11): [REDACTED] received required documents, exception is cured.


Buyer Comment (2019-09-10): see cure check, letter, [REDACTED] and PC CD


Reviewer Comment (2019-09-05): COC is dated [REDACTED] and redisclosed CD was issued on [REDACTED] which is more than 3 business days.  A refund is due.  Please provide a Corrected CD, copy of refund check, letter of explanation and proof of delivery to cure.


Buyer Comment (2019-09-04): CIC was sent email on [REDACTED] within the 3 days showing the reduced credit for the extension costs.  We had borrower live sign it at closing with docs.
   09/11/2019   2 B   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
207909056 [REDACTED] W2019050211       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. The finance charge disclosed on the final CD is $ [REDACTED]  while the calculated financed charge is $ [REDACTED] , unable to determine if discount rate is bonafide.     Reviewer Comment (2019-09-10): Corrected Sec G fees.
 09/10/2019     1 A   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 C A A A C A A A Non QM Non QM Yes
207911177 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Note Date. Hazard Insurance Policy Effective Date ___, Note Date ___   7 months reserves Aggregator Reviewer Comment (2019-09-27): Exception approval as policy was paid in full and borrower has sufficient reserves
     09/27/2019 2 B   CA Investment Purchase   C B C B     C A     No
207911177 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   CA Investment Purchase   C B C B     C A     No
207911178 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property Square footage @ 1102 < 1200 requirement 60 months reserves > 6 months guideline minimum. AMC Reviewer Comment (2019-10-04): Rec'd exception with invalid compensating factors.  Added valid compensating factor and downgraded to EV2.
     10/04/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911178 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911179 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-07): Rec'd PC [REDACTED] CDA in trailing docs; exception cleared.
 10/07/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A     C A     No
207911179 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing secondary valuation required for loan amounts greater than $ [REDACTED] .     Reviewer Comment (2019-10-07): Rec'd PC [REDACTED] CDA in trailing docs; exception cleared.
 10/07/2019     1 A   CA Investment Refinance - Cash-out - Other   C A C A     C A     No
207911180 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Purchase   C A A A     C A     No
207911183 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1124 < 1200 required credit score

LTV of 59.46%		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-10): Exception approval in file, dated [REDACTED]
     10/10/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911183 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Certificate of Good Standing not provided         Reviewer Comment (2019-10-09): Rec'd FL State Business verification showing Active; exception cleared.
 10/09/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911183 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-17): CU Score of 2.1


Reviewer Comment (2019-10-09): AVM value is 18.9189% below appraised value used for LTV calculation; exception remains.
 10/17/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911183 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Corporate Resolution not provided   Missing evidence that borrower is 100% owner of  [REDACTED]     Reviewer Comment (2019-10-09): Verification provided - D176/D87; exception cleared.
 10/09/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
207911295 [REDACTED]         Credit Missing Document General Missing Document: Verification of Non-US Citizen Status not provided   Co-Borrower states she is a Permanent Resident Alien.  Documentation is missing from file.     Reviewer Comment (2019-10-07): Received
 10/07/2019     1 A   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911295 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911295 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: Citizenship Source Documentation  was not provided - Missing permanent resident alien documentation.     Reviewer Comment (2019-10-07): Received
 10/07/2019     1 A   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911295 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Note loan amount of $ [REDACTED]  is less than Guideline minimum loan amount of $ [REDACTED] . Credit History -Borrowers' credit history reflects borrowers are responsible credit users and do not have any adverse credit within the last 24 months.

DTI - 21.17% DTI on this twelve month bank statement documentation loan which is less than the 55% guideline maximum.

Residual Income - Borrowers'  residual income of $14,419.52 exceeds the $1,500 minimum		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-25): Program exception granted supported by listed compensating factors.
     09/25/2019 2 B   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911295 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient funds to close due to unsourced international wire transfer on[REDACTED] to  [REDACTED]  checking account # [REDACTED] Credit History -Borrowers' credit history reflects borrowers are responsible credit users and do not have any adverse credit within the last 24 months.

DTI - 21.17% DTI on this twelve month bank statement documentation loan which is less than the 55% guideline maximum.

Residual Income - Borrowers'  residual income of $14,419.52 exceeds the $1,500 minimum		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-26): Exception in file for reserve requirements not met.
     09/26/2019 2 B   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911295 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.         Reviewer Comment (2019-10-07): Received replacement cost estimator
 10/07/2019     1 A   LA Primary Purchase   C B C B A A C A Non QM Non QM No
207911296 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Credit Risk Summary & Exception Approval in file. UW Exceptions issued for: Second appraisal product. Reserves - Borrower on this Non Prime full documentation loan has a disposable income of $17,728.13 exceeding the $1,500 minimum.

Reserves - 54.88 months reserves is exceeds the 4 month guideline minimum.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-09-25): CRE D002
     09/25/2019 2 B   WA Primary Purchase   C B C B A A A A Non QM Non QM No
207911296 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Title policy not provided to confirm coverage increased to loan amount.     Reviewer Comment (2019-10-04): Received Final Title
 10/04/2019     1 A   WA Primary Purchase   C B C B A A A A Non QM Non QM No
207911296 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-04): Received Final Title
 10/04/2019     1 A   WA Primary Purchase   C B C B A A A A Non QM Non QM No
207911296 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Broker provided a letter stating borrower is working with the IRS to obtain transcripts for  [REDACTED] . The difficulty in obtaining the required documents is due to his foreign employment in those years. Broker committed to providing assistance with obtaining the necessary transcripts post-closing.     Reviewer Comment (2019-10-04): Receuved
 10/04/2019     1 A   WA Primary Purchase   C B C B A A A A Non QM Non QM No
207911297 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Final 1003 disclosed Net proceeds from refinance of  [REDACTED] l in the amount of $ [REDACTED] .  Documentation was not provided.     Reviewer Comment (2019-10-11): Rec'd Final signed CD for cash-out refinance of property; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing P&I verification  [REDACTED]     Reviewer Comment (2019-10-11): Rec'd full PITIA verification in trailing docs; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. ERRONEOUS rounding.     Reviewer Comment (2019-10-11): Rounding; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Final 1003 disclosed Net proceeds from refinance of [REDACTED] in the amount of $ [REDACTED] .  Documentation was not provided.     Reviewer Comment (2019-10-11): Rec'd Final signed CD for cash-out refinance of property; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing insurance verification  [REDACTED]     Reviewer Comment (2019-10-11): Rec'd full PITIA verification in trailing docs; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing Tax verification  [REDACTED]     Reviewer Comment (2019-10-11): Rec'd full PITIA verification in trailing docs; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing.   Missing HOA verification  [REDACTED]     Reviewer Comment (2019-10-11): Rec'd full PITIA verification in trailing docs; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911297 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   UW exception provided: however; one of the compensating factors is reserves and Borrower is short cash to close.  Documentation was not provided for the cash out refinance of  [REDACTED] .     Reviewer Comment (2019-10-11): Rec'd Final signed CD for cash-out refinance of property; exception cleared.
 10/11/2019     1 A   FL Investment Purchase   C A C A A A C A N/A N/A No
207911298 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Liability After Foreclosure Missing TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on [REDACTED] did not disclose the Liability After Foreclosure statement. Liability After Foreclosure not completed on Final CD.     Reviewer Comment (2019-10-01): Letter of Explanation & Corrected Closing Disclosure provided
   10/01/2019   2 B   WA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207911300 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B B B A A C A Non QM Non QM No
207911300 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   12 month housing history not met but meets exception policy based on compensating factor of credit history/FICO score , LTV significantly lower than required and reserves. Guideline variance approved by lender at time of origination.  LTV below 70% and guideline allows up to 90% LTV.

Guideline variance approved by lender at time of origination.  Minimum FICO for program/LTV is 600 and borrower score 696.		 AMC

AMC		 Reviewer Comment (2019-09-24): 12 month history not provided but meets exception policy based on compensating factors.
     09/24/2019 2 B   FL Primary Purchase   C B B B A A C A Non QM Non QM No
207911301 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of the 2 required listing comparables were provided on the 1004. DTI of 25.203%/27.351%

32 months of reserves		 Originator

Originator		 Reviewer Comment (2019-09-28): Exception Approval provided based on DTI and reserves
     09/28/2019 2 B   PA Primary Purchase   C B C B A A A A Non QM Non QM No
207911302 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-08): Rec'd Approval in trailing docs; exception cleared
 10/08/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207911302 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207911302 [REDACTED]         Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Bankruptcy Chapter 7 discharge date is[REDACTED]which is just short of the 24 month seasoning guideline requirement. Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $71,147.63 Originator Reviewer Comment (2019-10-08): Rec'd CRE - D175
     10/08/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207911302 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $2 TX Guaranty Fee.     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/16/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207911302 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. The fee was not previously disclosed to the borrower.     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/16/2019   2 B   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
207911302 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-16): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/16/2019   2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM Yes
207911303 [REDACTED]         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. The appraisal effective date is [REDACTED] with a report date [REDACTED].  Lender correspondence and the appraisal invoice includes a [REDACTED] delivery date.  No early appraisal in the file.             2 B   FL Primary Refinance - Rate/Term   C B B B B B C A Non QM Non QM No
207911303 [REDACTED]         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.               2 B   FL Primary Refinance - Rate/Term   C B B B B B C A Non QM Non QM No
207911303 [REDACTED]         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 $690.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/23/2019   1 A   FL Primary Refinance - Rate/Term Final CD evidences Cure C B B B B B C A Non QM Non QM Yes
207911303 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Rate/Term   C B B B B B C A Non QM Non QM No
207911303 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirements not met. Compensating Factors: 1) Credit Score 2) Residual Income Residual income of $12k exceeds requirement of $1500

Credit score of 812 exceeds requirement of 660		 Originator

Originator		 Reviewer Comment (2019-09-26): Exception in file for reserve requirements not met.
     09/26/2019 2 B   FL Primary Refinance - Rate/Term   C B B B B B C A Non QM Non QM No
207911304 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-10-03): Rec'd Security Instrument and all Riders; exception cleared.
 10/03/2019     1 A   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-10-03): Rec'd duplicate copy of Initial 1003; exception remains.
 10/03/2019     1 A   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard Insurance policy date is after Note date. Residual income is $43,701.27

58.94 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd Lender attestation and CRE - D170
     10/03/2019 2 B   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Compliance Compliance Federal Compliance RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.               2 B   PA Second Home Purchase   D B D B C B A A Non QM Non QM Yes
207911304 [REDACTED]         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. Evidence of earlier borrower receipt of the closing disclosure was not found in file.     Reviewer Comment (2019-10-02): Disclosure tracking provided
 10/02/2019     1 A   PA Second Home Purchase No Defined Cure D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Non Primary Residence TRID Final Closing Disclosure [REDACTED] on a purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) No seller fees are evident on the closing disclosure and Seller CD is not evident.     Reviewer Comment (2019-10-02): Letter of Explanation & Corrected Closing Disclosure provided
   10/02/2019   1 A   PA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207911304 [REDACTED]         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 [REDACTED] 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. Cash to closed should be $ [REDACTED]  but the summaries of transactions is $ [REDACTED] . Final Closing Disclosure signed and dated by the borrower is not evident in the file.     Reviewer Comment (2019-10-02): Letter of Explanation & Corrected Closing Disclosure provided
   10/02/2019   2 B   PA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207911304 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Missing both security agreement and or copy of deed in order to confirm vesting.     Reviewer Comment (2019-10-03): Rec'd Security Instrument and all Riders; exception cleared.
 10/03/2019     1 A   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval is missing from the file.     Reviewer Comment (2019-10-03): Rec'd Approval in trailing docs; exception cleared.
 10/03/2019     1 A   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911304 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 5,843.31 on Final Closing Disclosure provided on [REDACTED] not accurate. Escrowed Property tax on Closing Disclosure does not match Tax Information sheet.  Final CD is not evident in the file to verify.     Reviewer Comment (2019-10-02): Letter of Explanation & Corrected Closing Disclosure provided
   10/02/2019   2 B   PA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
207911304 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Escrow Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Escrowed Property tax on Closing Disclosure does not match Tax Information sheet.  Final CD is not evident in the file to verify.     Reviewer Comment (2019-10-02): Letter of Explanation, Proof of Delivery, Corrected CD provided.
   10/02/2019   2 B   PA 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
207911304 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate Initial Payment Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. Escrowed Property tax on Closing Disclosure does not match Tax Information sheet.  Final CD is not evident in the file to verify.     Reviewer Comment (2019-10-02): Letter of Explanation, Proof of Delivery, Corrected CD provided.
   10/02/2019   2 B   PA 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
207911304 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Evidence was not provided that 11 overdraft protection transfers have been reviewed by underwriter for acceptability. Residual income is $43,701.27

58.94 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd CRE - D171
     10/03/2019 2 B   PA Second Home Purchase   D B D B C B A A Non QM Non QM No
207911305 [REDACTED]         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.               2 B   CA Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
207911305 [REDACTED]         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 $540.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/24/2019   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C B B B C B A A Non QM Non QM Yes
207911305 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan will have an escrow account. Reason for not having an escrow account left blank     Reviewer Comment (2019-10-11): Letter of Explanation & Corrected Closing Disclosure provided
   10/11/2019   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207911305 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ The insurance is a blanket policy that includes walls-in coverage.  It expires < 60 days from the note date.             2 B   CA Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
207911306 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207911307 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   WA Primary Purchase   C B A A B B C A Non QM Non QM No
207911307 [REDACTED]         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.               2 B   WA Primary Purchase   C B A A B B C A Non QM Non QM Yes
207911307 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. The CD reflects [REDACTED]whereas the notary date on the security instrument is [REDACTED] A PC CD in file, issued [REDACTED]reflects the correct closing date, however unable to cure due to missing the LOE to the borrower.             2 B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207911308 [REDACTED]         Compliance Loan Package Documentation Closing / Title Missing Document: Note - Subject Lien not provided         Reviewer Comment (2019-10-07): Rec'd signed Note in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Missing Final 1003         Reviewer Comment (2019-10-07): Rec'd signed Final 1003 in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Security Instrument not provided         Reviewer Comment (2019-10-07): Rec'd signed Security Instrument and PUD Rider in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Compliance Compliance Federal Compliance RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.       Reviewer Comment (2019-10-07): Rec'd disclosure in trailing docs; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM Yes
207911308 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing Seller CD.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A D B A A Non QM Non QM Yes
207911308 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided         Reviewer Comment (2019-10-07): Rec'd Tax Cert and Tax information worksheet in trailing docs; exception cleared
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: -       Reviewer Comment (2019-10-07): [REDACTED] not required; [REDACTED] was Final.  CPA letter provided with Final K-1 and income worksheet not required.  Borrower qualified on social security income alone.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         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 employment documentation.     Reviewer Comment (2019-10-07): CPA letter provided with Final K-1; exception cleared.
 10/07/2019     1 A   FL Primary Purchase Lender to provide updated ATR/QM status D B D A D B A A Non QM Non QM Yes
207911308 [REDACTED]         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. Missing Third Party Verification.     Reviewer Comment (2019-10-07): CPA letter provided with Final K-1; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-04): Evidence initial LE was send via US mai was provided.l


Buyer Comment (2019-10-03): The LE was sent [REDACTED].
 10/04/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing employment documentation.     Reviewer Comment (2019-10-07): CPA letter provided with Final K-1; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing YTD P&L,  [REDACTED] .     Reviewer Comment (2019-10-07): [REDACTED] not required; [REDACTED] was Final
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911308 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing satisfactory third party verification of A [REDACTED] .     Reviewer Comment (2019-10-07): CPA letter provided with Final K-1; exception cleared.
 10/07/2019     1 A   FL Primary Purchase   D B D A D B A A Non QM Non QM No
207911310 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Home Improvement   C A A A A A C A Non QM Non QM No
207911312 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207911312 [REDACTED]         Credit Asset Asset Documentation Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Earnest money deposit $ [REDACTED]  evidenced on Final Consumer CD was not sourced.     Reviewer Comment (2019-10-22): Received copy of check from borrower
 10/22/2019     1 A   AZ Primary Purchase   C A C A A A C A Non QM Non QM No
207911314 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-01): Situs[REDACTED] received evidence the LE was also sent [REDACTED].
 10/01/2019     1 A   FL Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
207911314 [REDACTED]         Compliance Compliance Miscellaneous Compliance Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___               2 B   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
207911314 [REDACTED]         Compliance Compliance Federal Compliance TRID Invalid Section C Combinations TILA-RESPA Integrated Disclosure - Loan Costs: Closing Disclosure provided on [REDACTED] reflects a fee Paid To lender or broker for fee within Services Borrower Did Shop For. Payee not listed.             2 B   FL Primary Refinance - Cash-out - Other Good Faith Redisclosure C B A A C B A A Non QM Non QM Yes
207911316 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - The file did not include confirmation of the business start date or verification of business within 10 days of closing.     Reviewer Comment (2019-10-02): Rec'd third party verification in trailing docs; exception cleared.
 10/02/2019     1 A   TN Primary Purchase   C A C A A A A A Non QM Non QM No
207911316 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-02): Rec'd Approval in trailing docs; exception cleared.
 10/02/2019     1 A   TN Primary Purchase   C A C A A A A A Non QM Non QM No
207911317 [REDACTED]         Credit Guideline Guideline Issue More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Missing evidence NSF and overdraft activity was reviewed for acceptability.     Reviewer Comment (2019-10-03): Rec'd 1008 with statement that NSF activity was reviewed by the underwriter.
 10/03/2019     1 A   AZ Primary Purchase   C C C A A A C C Non QM Non QM No
207911317 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   AZ Primary Purchase   C C C A A A C C Non QM Non QM No
207911317 [REDACTED]         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 $1,000.00 exceeds tolerance of $485.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/26/2019   1 A   AZ Primary Purchase Final CD evidences Cure C C C A A A C C Non QM Non QM Yes
207911318 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Field left blank, calculated value $3.00.     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207911318 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $3.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $3.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   IL 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
207911318 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   IL Primary Purchase   C B A A C B C A Non QM Non QM No
207911318 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Governmental Surcharge.  Fee Amount of $3.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided     Reviewer Comment (2019-10-09): Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD provided
   10/09/2019   2 B   IL Primary Purchase   C B A A C B C A Non QM Non QM Yes
207911319 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): Per FreddieMac UCDP Eligible for R&W Relief
 10/20/2019     1 A   MD Primary Purchase   C A C A C A C A Non QM Non QM No
207911319 [REDACTED]         Credit Loan Package Documentation Closing / Title Missing Document: Rider - PUD not provided   Appraisal indicates subject is in a PUD, Title binder shows CCR's of record. No PUD rider retained in file or indicated on the security instrument.     Reviewer Comment (2019-10-22): received PUD Rider with intent to rerecord


Buyer Comment (2019-10-21): Proof of Brwr receipt uploaded
 10/22/2019     1 A   MD Primary Purchase   C A C A C A C A Non QM Non QM No
207911319 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Fees were introduced on the CD, no change of circumstance applies and each has a unique provider.     Reviewer Comment (2019-10-22): Situs[REDACTED] received an attestation for fee being required by Borrower's chosen provider.
 10/22/2019     1 A   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207911319 [REDACTED]         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 $150.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was introduced on the CD, no change of circumstance applies and there is a unique provider.     Reviewer Comment (2019-10-22): Situs[REDACTED] received an attestation for fee being required by Borrower's chosen provider.
 10/22/2019     1 A   MD 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
207911319 [REDACTED]         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 $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee was introduced on the CD, no change of circumstance applies and there is a unique provider.     Reviewer Comment (2019-10-22): Situs[REDACTED] received an attestation for fee being required by Borrower's chosen provider.
 10/22/2019     1 A   MD 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
207911319 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Property type discrepancy. Appraisal property type of ___ does not match Guideline property type of ___. Subject title contains CCR's and appraisal report shows HOA installed. No PUD rider attached to the security instrument.     Reviewer Comment (2019-10-22): Received PUD Rider and intent to record


Buyer Comment (2019-10-21): Proof of Brwr receipt uploaded
 10/22/2019     1 A   MD Primary Purchase   C A C A C A C A Non QM Non QM No
207911320 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207911323 [REDACTED]         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 GA loan - no notary date on security instrument             2 B   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207911323 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing 2 comparable property listings. 61.86% LTV < 70% guideline ma

10.27442% DTI on this 12 Mo Business Bank Statement documentation loan < 55% guideline max - 44.7% below program guideline maximum		 Originator

Originator		 Reviewer Comment (2019-10-03): Rec'd CRE - D158
     10/03/2019 2 B   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207911323 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing CPA letter confirming the borrower's percentage of ownership in business and missing third party verification of the existence of business completed within 10 days of closing.     Reviewer Comment (2019-10-03): Rec;d third party verification and CPA letter in file verifies 100% ownership; exception cleared.


Buyer Comment (2019-09-30): CPA letter states borrower 100%
 10/03/2019     1 A   GA Primary Refinance - Cash-out - Other   C B C B B B A A Non QM Non QM No
207911326 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller CD missing.     Reviewer Comment (2019-10-02): Seller's CD provided.
 10/02/2019     1 A   UT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207911326 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. Borrower has employment stability for 5 years. Originator Reviewer Comment (2019-10-03): Rec'd exception for missing one additional listing comp.
     10/03/2019 2 B   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207911328 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval not provided     Reviewer Comment (2019-10-02): Rec'd Approval in trailing docs; exception cleared.
 10/02/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207911328 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of closing not provided.     Reviewer Comment (2019-10-02): Rec'd third party business verification in trailing docs; exception cleared.
 10/02/2019     1 A   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207911328 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient reserves verified based on the following findings:  [REDACTED]  account # [REDACTED] account holder is  [REDACTED]  which borrower has a 25% interest based on the Articles of Organization provided  [REDACTED]  and is also the source of the gift.
$ [REDACTED]  of the total earnest money was presented in the form of ten money orders, which are unable to be sourced and $ [REDACTED] was wired from an unverified  [REDACTED] account. Neither of the assets were included as verified funds.		 711 representative FICO score > 660 guideline minimum - 51 points above guideline minimum

Consumer credit payment history 0x30 since [REDACTED]		 Originator

Originator		 Reviewer Comment (2019-10-02): Rec'd CRE - D248
     10/02/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207911330 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-07): Received
 10/07/2019     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
207911330 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Evidence of receipt of funds from  [REDACTED]  account was not provided, therefore unable to use these funds for cash to close.     Reviewer Comment (2019-10-10): Received updated statement


Reviewer Comment (2019-10-07): Received post closing statement for account [REDACTED] showing large deposit from account [REDACTED]. Missing source of funds since statement for account [REDACTED] in file does not show enough funds for the large transfer to [REDACTED].


Buyer Comment (2019-10-03): Note: Per CD at closing EMD $3000 cleared and Cash to Closed which the Bwr needed is: $38,755.79. It appears that Bwr has a Total of: [REDACTED] statement [REDACTED] $1,113.84 + TD acct [REDACTED] [REDACTED] $32,070.15 = $33,183.99 (short $5,571.80)..thank you
 10/10/2019     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
207911330 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of 2 required listing comparables was provided on the 1004. 26.933% DTI on this Full documentation loan < 55% guideline max - 28% below program guideline maximum

Borrower on this Full documentation loan has a disposable income of $4,621.53

Borrower has job stability for 5 years as a [REDACTED].		 Originator

Originator

Originator		 Reviewer Comment (2019-10-07): Rec'd CRE - D165
     10/07/2019 2 B   CT Primary Purchase   C B C B C B A A Non QM Non QM No
207911330 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether property taxes are included in escrow. Property Taxes on the Projected Payments section of page 1 of the final CD evidences property taxes are not included in escrow.     Reviewer Comment (2019-10-14): Letter of Explanation, Proof of Delivery, Corrected CD provided.


Reviewer Comment (2019-10-08): Corrected CD and LOE to borrower required to cure. Property Taxes need to be disclosed as Property Taxes  with the box checked.


Buyer Comment (2019-10-04): Note: Hi, On page 1 of the CD; City Taxes are listed under "Other" and the City Taxes are Escrowed. We have an issue with City Taxes printing under Property taxes in our System and that is the reason we have to put it under Other..thanks
   10/14/2019   2 B   CT 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
207911330 [REDACTED]         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. Additional fees paid on the seller's CD were not disclosed on the borrower's final CD.     Reviewer Comment (2019-10-07): No additional fees reflected on Seller CD; Seller CD does not reflect POC fees.
 10/07/2019     1 A   CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207911332 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Abstract / Title Search Fee of $125.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-10-02): Attestation provided fee further outsourced by borrower chosen provider - no tolerance
 10/02/2019     1 A   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207911332 [REDACTED]         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 $125.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Abstract / Title Search Fee of $125.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-10-02): Attestation provided fee further outsourced by borrower chosen provider - no tolerance
 10/02/2019     1 A   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 A C A C A A A Non QM Non QM Yes
207911332 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy.   HELOC less than 1 year old, also considered cash out.     Reviewer Comment (2019-10-09): Max LTV is 80% with 5% reduction for cash out > $200K and less than $400K with > 680 FICO; exception cleared.
 10/09/2019     1 A   FL Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207911333 [REDACTED]         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 Guaranty Fee.  Fee Amount of $4.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. ERRONEUS.  Provided by same service provider.  Cure was not required.         09/25/2019   1 A   TX Primary Purchase Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
207911333 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] 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.) No seller fees disclosed on Consumer CD of Seller CD.     Reviewer Comment (2019-10-01): Situs[REDACTED] received required documents, exception is cleared.


Buyer Comment (2019-09-28): Seller does not have to pay any fees. Seller Final settlement statement in file.
 10/01/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207911333 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $4.00, calculated value $75.00     Reviewer Comment (2019-10-01): Situs[REDACTED] received required documents, exception is cleared.
 10/01/2019     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207911333 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney's Fee (Closing Agent and Other).  Fee Amount of $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $75.00.  Cure of $4.00 paid at closing.  $71.00 due Borrower.  Fee was not disclosed on initial LE by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-01): Situs[REDACTED] received required documents, exception is cleared.
 10/01/2019     1 A   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 C A Non QM Non QM Yes
207911333 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-02): Rec'd Approval in trailing docs; exception cleared.
 10/02/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
207911333 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C A C A C A C A Non QM Non QM No
207911334 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not Provided             2 B   AZ Second Home Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207911334 [REDACTED]         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. Not provided in a timely manner     Reviewer Comment (2019-10-02): Initial CD provided.
 10/02/2019     1 A   AZ Second Home Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
207911335 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure.               2 B   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911335 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-08): Rec'd Final Title in trailing docs; exception cleared.
 10/08/2019     1 A   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911335 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-08): Rec'd Final Title in trailing docs; exception cleared.
 10/08/2019     1 A   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911335 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   15.57263%% DTI on this 12 Mo Business bank statement documentation loan < 55% guideline max - 39% below program guideline maximum

54.87805% LTV < 80% guideline max

21.62 months reserves > 4 months guideline minimum - borrowers have verified reserves of $111,257.84

Borrower on this 12 Mo Business bank statement documentation loan has a disposable income of $49,687.62		 Originator

Originator

Originator

Originator		 Reviewer Comment (2019-10-08): Rec'd CRE - D164
     10/08/2019 2 B   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911335 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911335 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Final Title Loan policy rec'd in trailing docs reflects vested in  [REDACTED] and Security Instrument reflects  [REDACTED] .     Reviewer Comment (2019-10-10): received final title
 10/10/2019     1 A   FL Primary Refinance - Cash-out - Home Improvement   C C C B B B C C Non QM Non QM No
207911341 [REDACTED]         Credit Credit Credit Documentation Credit Report Error: Missing source document for credit/housing history.   Housing History requirements not met - lives rent free credit history-740 mid score,  42% DTI below the 55% maximum threshold, 21 Months PITIA reserves vs the 4 month required. Originator Pre-Close Reviewer Comment (2019-09-27): CRE D002
     09/27/2019 2 B   GA Primary Purchase   B B B B A A A A Non QM Non QM No
207911345 [REDACTED]         Credit 1003 Document Error Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided.   1003 states borrower is a US Citizen, but SSN states as "valid for work only with ins authorization" which requires a green card or other form of verification for residency.     Reviewer Comment (2019-10-11): Rec'd copy of Borrower's US Passport issued [REDACTED] and expires on [REDACTED]; exception cleared.


Buyer Comment (2019-10-09): Bwr is a US Citizen on which 1003 states--see US passport
 10/11/2019     1 A   CT Primary Purchase   C A C A A A A A Non QM Non QM No
207911346 [REDACTED]         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 $500.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/24/2019   1 A   CT Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207911347 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Tax Certificate not provided         Reviewer Comment (2019-10-16): received


Reviewer Comment (2019-10-11): Rec'd blank tax record information sheet; exception remains EV3.
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Additional exceptions may apply after receipt of AUS Underwriting approval.     Reviewer Comment (2019-10-11): Rec'd Approval in trailing docs; exception cleared.
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Note - Senior Lien not provided         Reviewer Comment (2019-10-11): Rec'd Senior Lien Note in trailing docs; exception cleared.
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence Subordinate Lien TRID Final Closing Disclosure [REDACTED] on a simultaneous subordinate lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) No seller paid fees on a 2nd lien.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B C A Non QM Non QM Yes
207911347 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Effective date [REDACTED] is post close [REDACTED]     Reviewer Comment (2019-10-11): Rec'd HOI evidence, with effective date on [REDACTED], in trailing docs; exception cleared.
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: AUS not provided   Additional exceptions may apply after receipt of AUS Underwriting approval.     Reviewer Comment (2019-10-11): Rec'd AUS in trailing docs; exception cleared.
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - VVOE within 10 days of closing was not provided.     Reviewer Comment (2019-10-11): Rec'd VOE in trailing docs; exception cleared.
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Proof of sale of departing  [REDACTED]  was not provided.  Property added as REO.     Reviewer Comment (2019-10-16): Received seller statement
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         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. Proof sale of departing  [REDACTED]  was not provided.  Property added as REO.     Reviewer Comment (2019-10-16): Received Seller Statement
 10/16/2019     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation D B D A C B C A Non QM Non QM Yes
207911347 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Investor Guidelines Not Provided Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are DTI: 52.08742%, LTV/CLTV: 16.49485%/90.00000%, Credit Score: 687, Occupancy: Primary, Purpose: Purchase, Proof sale of departing  [REDACTED]  was not provided.  Property added as REO.     Reviewer Comment (2019-10-11): Removed on compliance re-run
 10/11/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         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. Proof sale of departing  [REDACTED]  was not provided.  Property added as REO.  DTI exceeds  43%     Reviewer Comment (2019-10-16): Received Seller Statement
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         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 52.08742% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Proof sale of departing  [REDACTED]  was not provided.  Property added as REO. DTI exceeds 43%     Reviewer Comment (2019-10-16): Received Seller Statement
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score < 2.5
 10/24/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Asset Asset Documentation Asset documentation requirements not met according to Decision System Input. All documentation requirements for ___ were not met. Missing Final signed Settlement statement for sale of departure residence.     Reviewer Comment (2019-10-16): Received seller statement
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911347 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Missing proof of sale of departure residence.     Reviewer Comment (2019-10-16): received seller statement
 10/16/2019     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
207911348 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller Closing Disclosure not evident in the file.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207911348 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business, [REDACTED] ,  within 10 business days of closing is not evident in the file. Verbal verification form in the file is not dated therefore, cannot determine if completed per guideline requirement.     Reviewer Comment (2019-10-02): Rec'd CPA VOE in trailing docs; exception cleared.
 10/02/2019     1 A   NJ Primary Purchase   C B C B B B A A Non QM Non QM No
207911348 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business,  [REDACTED] ,  within 10 business days of closing is not evident in the file. Verbal verification form in the file is not dated therefore, cannot determine if completed per guideline requirement.     Reviewer Comment (2019-10-02): Rec'd CPA VOE in trailing docs; exception cleared.
 10/02/2019     1 A   NJ Primary Purchase   C B C B B B A A Non QM Non QM No
207911348 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. FICO score does not meet guideline requirement. 1 Year tax returns  requires min credit score of 620 for primary wage earner. 65% LTV < 85% guideline max

26.47221% DTI on this Full documentation loan < 55% guideline max - 28% below program guideline maximum

Borrower on this Full documentation loan has a disposable income of $75,647.23		 Originator

Originator

Originator		 Reviewer Comment (2019-10-02): Rec'd CRE - D266
     10/02/2019 2 B   NJ Primary Purchase   C B C B B B A A Non QM Non QM No
207911349 [REDACTED]         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 (2019-10-09): Received
 10/09/2019     1 A   IL Primary Purchase   C B A A C B C A Non QM Non QM No
207911349 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Not reported on the Final CD.             2 B   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207911349 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   IL Primary Purchase   C B A A C B C A Non QM Non QM No
207911349 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-08): HOA dues are disclosed properly on final CD.


Buyer Comment (2019-10-07): Good Morning, We are allowed to use either 11 or 12 months, in this case we used 11 months: $250 x 11 mths = $2750. Thanks
 10/08/2019     1 A   IL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207911353 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-02): Rec'd Approval in trailing docs; exception cleared.
 10/02/2019     1 A   VA Primary Refinance - Cash-out - Debt Consolidation   C A C A A A A A Non QM Non QM No
207911353 [REDACTED]         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 $225.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender cure was $225 accommodating the amount exceeding the tolerance limit         09/25/2019   1 A   VA Primary Refinance - Cash-out - Debt Consolidation Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
207911354 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard insurance effective date  [REDACTED] . Attestation letter from lender with documented contact at insurance company showing no claims have been filed has been received. Originator Reviewer Comment (2019-10-15): Attestation letter from lender with documented contact at insurance company showing no claims have been filed has been received.


Buyer Comment (2019-10-15): Hi, we are not req'd to do a CRE only an Attestation Letter; please s/w management on this. We have never been requested to do CRE. Thanks so much


Reviewer Comment (2019-10-11): Rec'd Lender attestation, however, CRE was not provided.  Exception remains.
     10/15/2019 2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207911354 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Dollar amount was not provided.             2 B   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207911354 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-20): Per [REDACTED] UCDP Eligible for R&W Relief
 10/20/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207911354 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): Per [REDACTED] UCDP Eligible for R&W Relief
 10/20/2019     1 A   CA Primary Purchase   C B C B A A C A Non QM Non QM No
207916764 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Based off of purchase price DSCR = 1.08 and Credit Scores 812/772 Originator Reviewer Comment (2019-09-26): Received CRE
     09/26/2019 2 B   GA Investment Purchase   C B C B     A A     No
207916899 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   PA Investment Refinance - Cash-out - Other   C A A A     C A     No
207916902 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207916903 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP FreddieMac eligible for R&W Relief
 10/24/2019     1 A   CA Investment Purchase   C B C B     C A     No
207916903 [REDACTED]         Credit Guideline General DSCR is less than 90%. - DSCR:  ___ LTV @ 80% 785 representative FICO score > 700 guideline minimum - 85 points above guideline minimum

Consumer credit payment history reflects no lates; pay history since [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-10-08): Rec'd CRE - D178


Reviewer Comment (2019-10-01): Rec'd CRE with invalid comp factor; reserves of 7.94 months > 6 months minimum is not a valid comp factor.  Exception remains EV3.
     10/08/2019 2 B   CA Investment Purchase   C B C B     C A     No
207916903 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. DSCR @ .80 785 representative FICO score > 700 guideline minimum - 85 points above guideline minimum

Consumer credit payment history reflects no lates; pay history since [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-10-08): Rec'd CRE - D178


Reviewer Comment (2019-10-01): Rec'd CRE with invalid comp factor; reserves of 7.94 months > 6 months minimum is not a valid comp factor.  Exception remains EV3.
     10/08/2019 2 B   CA Investment Purchase   C B C B     C A     No
207916905 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   FL Investment Purchase   C A A A     C A     No
207916906 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207916910 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NC Investment Purchase   C A C A     C A     No
207916910 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-09-27): Received approval
 09/27/2019     1 A   NC Investment Purchase   C A C A     C A     No
207916911 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NC Investment Purchase   C A C A     C A     No
207916911 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-09): Rec'd Approval in trailing docs; exception cleared.
 10/09/2019     1 A   NC Investment Purchase   C A C A     C A     No
207916914 [REDACTED]         Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003                 2 B   UT Primary Purchase   C B C A C B C A Non QM Non QM No
207916914 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-09): Received Final Title
 10/09/2019     1 A   UT Primary Purchase   C B C A C B C A Non QM Non QM No
207916914 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. The appraisal reflects annual HOA dues of $ [REDACTED] , whereas the CD reflects $ [REDACTED] .     Reviewer Comment (2019-10-08): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.


Buyer Comment (2019-10-07): Hi, the Appraisal reflects HOA of $25 yrly which is only $2.08 monthly not $300 yrly as stated above. Also you have the monthly HOA of $2.08 on the LAS/Loan Summary
   10/08/2019   2 B   UT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207916914 [REDACTED]         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 did not include a toolkit or proof of one being provided.             2 B   UT Primary Purchase No Defined Cure C B C A C B C A Non QM Non QM No
207916914 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-09): Received Final Title
 10/09/2019     1 A   UT Primary Purchase   C B C A C B C A Non QM Non QM No
207916914 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   UT Primary Purchase   C B C A C B C A Non QM Non QM No
207916918 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The field was left blank.             2 B   MD Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207916920 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-04): Rec'd Approval in trailing docs; exception cleared.
 10/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207916920 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - CPA letter verifying percentage of ownership not provided     Reviewer Comment (2019-10-04): Rec'd 2018 CPA letter with current verification of the CPA in the file; exception cleared.
 10/04/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207916920 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Amount paid was not month specific.             2 B   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
207916920 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-03): Evidence provided that initial LE was sent via [REDACTED] and electronically.  eConsent was received on same date as the electronic version was signed.
 10/03/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207916920 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Revised CD due date  [REDACTED]     Reviewer Comment (2019-10-08): Revised CD provided.


Reviewer Comment (2019-10-03): Initial CD issued on[REDACTED] dated[REDACTED]isclosed an APR of 6.239% and Final CD issued and dated on [REDACTED] disclosed an APR of 6.887%, an increase of .648% (exceeds the allowance of .125%).  Disclosure Tracking Summary indicates a Revised CD was issued on[REDACTED] Please provide this CD for reconsideration.


Buyer Comment (2019-10-02): please note apr went down to 6.887 so nothing would have needed to be sent.
 10/08/2019     1 A   FL Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
207916920 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   Borrower has employment stability for 12 years as a [REDACTED] [REDACTED].

22.51563% DTI on this 24 Mo Business bank statement documentation loan < 55% guideline max - 27% below program guideline maximum		 Originator

Originator		 Reviewer Comment (2019-10-04): Rec'd CRE - D213
     10/04/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207916921 [REDACTED]         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 Asset Qualifier.     Reviewer Comment (2019-10-24): Asset qual with residual income calculation
 10/24/2019     1 A   WA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B A A C B A A Non QM Non QM Yes
207916921 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Asset Qualification Loan Ability to Repay (Dodd-Frank 2014): It is questionable whether this loan meets ATR requirements. Loan is Asset Qualifier.     Reviewer Comment (2019-10-24): Asset qual with residual income calculation
 10/24/2019     1 A   WA Primary Purchase   C B A A C B A A Non QM Non QM No
207916921 [REDACTED]         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 Closing Disclosure missing from file.     Reviewer Comment (2019-10-07): [REDACTED] received [REDACTED] CD. Exception Cleared.
 10/07/2019     1 A   WA Primary Purchase No Defined Cure C B A A C B A A Non QM Non QM No
207916921 [REDACTED]         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). Loan Asset Qualifier.             2 B   WA Primary Purchase   C B A A C B A A Non QM Non QM No
207916921 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller Closing Disclosure is missing from the file.             2 B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207916921 [REDACTED]         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. Asset qual with residual income calculation     Reviewer Comment (2019-10-24): Non-QM
 10/24/2019     1 A   WA Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
207916924 [REDACTED]         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 $560.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/26/2019   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
207916924 [REDACTED]         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. Preliminary title reflected same lender refinance however, form H-8 was signed at closing.             2 B   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 A B B A A Non QM Non QM Yes
207916924 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business completed within ten (10) days of closing, or at any point, post-closing is not evident in the file.     Reviewer Comment (2019-10-09): Received
 10/09/2019     1 A   CA Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
207916925 [REDACTED]         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 $225.00 exceeds tolerance of $160.00 plus 10% or $176.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/26/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
207916925 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   Verification of Co-Borrower's [REDACTED]  acct # [REDACTED] liquidation/withdrawal documentation not provided. Borrower has job stability for 20 years. Originator Reviewer Comment (2019-10-03): Rec'd exception for missing verification of withdrawal.
     10/03/2019 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207916926 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. 52.1978% LTV < 80% guideline max

Borrower on this Platinum 24 Mo Business Bank statements documentation loan has a disposable income of $5,704.21		 Originator

Originator		 Reviewer Comment (2019-10-04): Rec'd CRE - D179
     10/04/2019 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
207916926 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Borrower's credit score is less than the minimum credit score required for a cash out refinance.  Lender exception not provided. 52.1978% LTV < 80% guideline max

Borrower on this Platinum 24 Mo Business Bank statements documentation loan has a disposable income of $5,704.21		 Originator

Originator		 Reviewer Comment (2019-10-04): Rec'd CRE - D179
     10/04/2019 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
207916926 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): Per [REDACTED] UCDP Eligible for R&W Relief
 10/20/2019     1 A   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A A A Non QM Non QM No
207916928 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of  [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-07): [REDACTED] received PCCD. Final CD escrow amount is consistent with IEADS. Exception Cleared.
 10/07/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207916928 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed.     Reviewer Comment (2019-10-07): [REDACTED] received PCCD removing PAD fee and final settlement statement indicating the fee was not charged. Exception Cleared.


Reviewer Comment (2019-09-27): Section H on Post Close CD dated [REDACTED] disclosed a Pad fee in the amount of $500, need corrected CD, LOE, and proof of delivery.
 10/07/2019     1 A   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C A A A C A A A Non QM Non QM Yes
207916928 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Appraisal Re-Inspection Fee of $250.00 and PAD Fee pf $500.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-10-07): Tolerance exceptions are addressed. Exception Cleared.
 10/07/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Non QM Yes
207916928 [REDACTED]         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 $250.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Appraisal Re-Inspection Fee of $250.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-10-07): [REDACTED] reviewed [REDACTED] COC. Exception Cleared.


Buyer Comment (2019-10-03): Please clear


Buyer Comment (2019-10-03): Per Compliance: The final inspection fee was added [REDACTED] and we received the document on [REDACTED].  The final inspection was disclosed within 3 business days of our knowing the change of circumstance.
 10/07/2019     1 A   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
207916928 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for PAD.  Fee Amount of $500.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. PAD Fee Amount of $500.00 exceeds tolerance of $0.00. No cure was provided to the borrower.     Reviewer Comment (2019-10-07): [REDACTED] received PCCD removing PAD fee and final settlement statement indicating the fee was not charged. Exception Cleared.
 10/07/2019     1 A   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
207916930 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-24): Per UCDP [REDACTED] eligible for R&W Relief
 10/24/2019     1 A   WI Primary Purchase   C A A A A A C A Non QM Non QM No
207916933 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Reserve months does not meet 4 month requirement per guideline requirement. Amount used can be no more than 50% of the ending balance.     Reviewer Comment (2019-10-07): Updated assets based on correct guidelines


Reviewer Comment (2019-10-03): Guidelines section 19.3 states Funds from Borrower's business checking and savings accounts may be used for down payment, closing costs and reserves.  Under Platinum Bank statement program amount used can be no more than 50% of the ending balance.


Buyer Comment (2019-09-30): Please reference exactly where this guideline is located.
 10/07/2019     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
207916934 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Legal limit was not exceeded as per CD.     Reviewer Comment (2019-10-08): Fee service required by borrower's chosen provider, not listed on SSPL.
 10/08/2019     1 A   GA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207916934 [REDACTED]         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 $35.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a vendor not listed on the SSPL.     Reviewer Comment (2019-10-08): Fee service required by borrower's chosen provider, not listed on SSPL.


Buyer Comment (2019-10-07): See the attached SPL
 10/08/2019     1 A   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
207916934 [REDACTED]         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 $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Services provided by a vendor not listed on the SSPL.     Reviewer Comment (2019-10-08): Fee service required by borrower's chosen provider, not listed on SSPL.


Buyer Comment (2019-10-07): See the attached SPL
 10/08/2019     1 A   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
207916934 [REDACTED]         Credit Insurance Insurance Analysis Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage does not accommodate 80% of the improvements/cost of construction. Coverage should be at least $ [REDACTED]  based on the $ [REDACTED]  cost of improvements per guidelines. Replacement cost estimator not provided.     Reviewer Comment (2019-10-09): Received Replacement Cost Estimate
 10/09/2019     1 A   GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207916934 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Percentage of ownership has not been verified.     Reviewer Comment (2019-10-09): Received Articles of Org


Buyer Comment (2019-10-07): Articles of Organization serves as Ownership of Company and Bwr is the only one listed  on Doc which shows ownership
 10/09/2019     1 A   GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207916934 [REDACTED]         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 GA notaries do not date notary acknowledgement. All closing documents are signed and dated  [REDACTED]             2 B   GA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
207917166 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Field left blank             2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207917168 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller Closing Disclosure is not evident.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207917171 [REDACTED]         Compliance Compliance State Compliance Minnesota Residential Mortgage Originator and Servicer Licensing Act (Ability to Repay not Verified) Minnesota Residential Mortgage Originator and Servicer Licensing Act Borrower's ability to repay not verified with reliable documentation.               2 B   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207917171 [REDACTED]         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 $850.00 exceeds tolerance of $455.00.  Sufficient or excess cure was provided to the borrower at Closing.           09/28/2019   1 A   MN Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
207917171 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Per guidelines, minimum credit score of 660 required for Platinum loan program. Lender exception approval not provided. Residual income of $8000+ monthly

Job stability of 7+ years		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-14): Exception approval for credit score provided based on residual income and stable employment history
     10/14/2019 2 B   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207917171 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and three closed sales for the appraisal issued on [REDACTED]. Residual income of $8000+ monthly

Job stability of 7+ years		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-14): Exception approval for missing comparable on appraisal provided based on residual income and stable employment history
     10/14/2019 2 B   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207917171 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-09): Received
 10/09/2019     1 A   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207917171 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient funds verified to meet reserve requirement. Residual income of $8000+ monthly

Job stability of 7+ years		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-14): Exception approval for reserves provided based on residual income and stable employment history


Reviewer Comment (2019-10-09): Guideline 3.11 Gift Fund: 5% of the required cash to close, plus reserves must come from the borrower's personal funds.


Buyer Comment (2019-10-07): HI..Per CD signed at closing the Bwr needed $395,636.92 (Note: EMD of $15,000 cleared). Bwr had a Total of $452,909.19 (not including the EMD of $15,000). $452,909.19 -$395,636.92 = $57,272.27. Bwr needed reserves of $6814.40 x 4 = $27,257.60. Bwr appears to have more than $50K+? Please see the attached LAS and advise. Thanks
     10/14/2019 2 B   MN Primary Purchase   C B C B B B A A Non QM Non QM No
207917172 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207917172 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Initial and Final 1003 states borrower is  [REDACTED] , however, title is taken as [REDACTED] .  LOE and  [REDACTED]  missing.     Reviewer Comment (2019-10-07): Rec'd LOE and marriage license.
 10/07/2019     1 A   FL Second Home Purchase   C A C A A A C A Non QM Non QM No
207917174 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure.               2 B   FL Primary Refinance - Cash-out - Debt Consolidation   C B A A C B C A Non QM Non QM No
207917174 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Field left blank     Reviewer Comment (2019-10-03): Tolerance exceptions are addressed. Exception Cleared.
 10/03/2019     1 A   FL Primary Refinance - Cash-out - Debt Consolidation Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207917174 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. No change of circumstance for fee increase     Reviewer Comment (2019-10-03): [REDACTED] received [REDACTED] COC. Exception Cleared.


Buyer Comment (2019-10-02): Please refer to CD and comment that was uploaded with other condition.


Buyer Comment (2019-10-02): Loan closed [REDACTED] transfer taxes changed from [REDACTED] on LE on [REDACTED] and we did COC and CD on [REDACTED] and provided to borrower with transfer taxes  of 852.50
 10/03/2019     1 A   FL 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 C A Non QM Non QM Yes
207917174 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Debt Consolidation   C B A A C B C A Non QM Non QM No
207917174 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.     Reviewer Comment (2019-10-03): [REDACTED] received [REDACTED] COC. Exception Cleared.
 10/03/2019     1 A   FL 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 C A Non QM Non QM Yes
207917176 [REDACTED]         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. Escrow disclosure $ [REDACTED]  vs Consumer CD $ [REDACTED] .             2 B   TX Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM Yes
207917176 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $2.00.     Reviewer Comment (2019-10-16): Letter of Explanation & Corrected Closing Disclosure provided.
   10/16/2019   2 B   TX 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
207917176 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $2.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was was not provided by same service provider.     Reviewer Comment (2019-10-16): PCCD, LOE, check copy and POD received.  See newly added exception for cure.
 10/16/2019     1 A   TX 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
207917176 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Third Party verification of Borrower Schedule C business within 10 days of closing was not provided.     Reviewer Comment (2019-10-09): Received
 10/09/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
207917176 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-24): CU Score of 2.2
 10/24/2019     1 A   TX Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM No
207917176 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation With Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Policy Guarantee Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. PCCD, LOE, check copy and POD received.     Reviewer Comment (2019-10-16): PCCD, LOE, check copy and POD received.
   10/16/2019   2 B   TX Primary Refinance - Cash-out - Home Improvement   C B C A C B C A Non QM Non QM Yes
207917177 [REDACTED]         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 $345.00 exceeds tolerance of $175.00 plus 10% or $192.50.  Sufficient or excess cure was provided to the borrower at Closing.           09/29/2019   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM Yes
207917177 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207917177 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Documentation verifying REO property related expenses for both properties not provided.     Reviewer Comment (2019-10-04): Rec'd full verification of PITIA for each property; exception cleared
 10/04/2019     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
207917178 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 1 of the 2 required listing comparables was provided on the secondary appraisal by  [REDACTED] Borrower has job stability for 8.4 years as a [REDACTED] Originator Reviewer Comment (2019-10-22): Rec'd CRE - 193 with 1 valid comp factor for employment history.
     10/22/2019 2 B   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917178 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing explanation for the[REDACTED]  [REDACTED]  inquiry on the borrower's credit report.     Reviewer Comment (2019-10-10): Inquiry from Broker credit pull; exception cleared.
 10/10/2019     1 A   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917178 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Closing statement for sale of borrower's previous residence is not signed and dated.     Reviewer Comment (2019-10-21): Received
 10/21/2019     1 A   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917178 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [REDACTED] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) Seller Closing disclosure was not provided.   No seller paid fees were disclosed on the borrower's final CD.     Reviewer Comment (2019-10-16): Seller's CD provided.
 10/16/2019     1 A   UT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Non QM Yes
207917178 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Borrower's own funds percent discrepancy.   Closing statement for sale of borrower's previous residence is not signed and dated.     Reviewer Comment (2019-10-21): Received closing statement from sale of previous residence
 10/21/2019     1 A   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917178 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Closing statement for sale of borrower's previous residence is not signed and dated.     Reviewer Comment (2019-10-21): Received HUD 1 from sale of previous residence
 10/21/2019     1 A   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917178 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   [REDACTED]  IRS transcripts evidence delinquent income taxes that were not addressed.  $ [REDACTED] for  [REDACTED]  and $ [REDACTED]  for  [REDACTED] .  A payment plan or evidence of payment in full was not provided. Borrower has job stability for 8.4 years as a [REDACTED] Originator Reviewer Comment (2019-10-22): Rec'd CRE - 193 with 1 valid comp factor for employment history.
     10/22/2019 2 B   UT Primary Purchase   C B C B C A A A Non QM Non QM No
207917179 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   LA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A C A Non QM Non QM No
207917179 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___   28.39675% DTI on this Full documentation loan < 55% guideline max

45.85799% LTV < 75% guideline max		 Originator

Originator		 Reviewer Comment (2019-10-04): Received Credit Risk Summary & Exception Approval.
     10/04/2019 2 B   LA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A C A Non QM Non QM No
207917179 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-04): Received
 10/04/2019     1 A   LA Primary Refinance - Cash-out - Debt Consolidation   C B C B A A C A Non QM Non QM No
207917180 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing VVOE / evidence of business within 10 days of closing.     Reviewer Comment (2019-10-10): Received


Reviewer Comment (2019-10-07): Rec'd printouts from [REDACTED] and [REDACTED] for The [REDACTED].  The borrower is a [REDACTED] bookkeeper for [REDACTED].  Missing evidence of [REDACTED].
 10/10/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
207917182 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Final CD indicates the value is based on the "appraised value" when it is based on the [REDACTED]  acquisition cost of $ [REDACTED] .             2 B   UT Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207917182 [REDACTED]         Compliance Compliance Federal Compliance TRID Interim Closing Disclosure Timing TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on [REDACTED] 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 Missing proof of borrower's receipt of the interim CD at least 3 business days prior to closing.     Reviewer Comment (2019-10-07): [REDACTED] received disclosure tracking of [REDACTED] CD. Exception Cleared.
 10/07/2019     1 A   UT Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Non QM No
207917183 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-20): Per UCDP Finding eligible for [REDACTED] R&W Relief
 10/20/2019     1 A   OH Primary Purchase   C A A A A A C A Non QM Non QM No
207917184 [REDACTED]         Credit Missing Document General Missing Document: AVM not provided   Secondary valuation product to support value is required due to purchase transaction is a non-arm's length transaction. Mother is purchasing subject property from her daughter.     Reviewer Comment (2019-10-04): Rec'd AVM in trailing docs; exception cleared.
 10/04/2019     1 A   TX Primary Purchase   C C C A A A C C Non QM Non QM No
207917184 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-04): Rec'd AVM in trailing docs.
 10/04/2019     1 A   TX Primary Purchase   C C C A A A C C Non QM Non QM No
207917184 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   TX Primary Purchase   C C C A A A C C Non QM Non QM No
207917185 [REDACTED]         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 [REDACTED] 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. Addendum to Closing Disclosure Payoffs and Payments itemized payoffs are $63.67 short of the amount of payoffs reporting on line 4, page 3 of the final closing disclosure.             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207917186 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): Not required
 10/18/2019     1 A   AZ Investment Purchase   C A C A A A C A N/A N/A No
207917186 [REDACTED]         Credit Missing Document General Missing Document: 1007 Rent Comparison Schedule not provided         Reviewer Comment (2019-10-10): in appraisal report


Buyer Comment (2019-10-07): Please see pages 31-33
 10/10/2019     1 A   AZ Investment Purchase   C A C A A A C A N/A N/A No
207917187 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207917187 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller -  Cash To Close TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures. Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207917189 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Closing statement verifying home sale proceeds not provided. Unable to verify sufficient funds to close and reserves.     Reviewer Comment (2019-10-07): Rec'd CD from sale of departure residence netting sufficient funds for closing and reserves.
 10/07/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207917189 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207917189 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Closing statement verifying home sale proceeds not provided. Unable to verify sufficient funds to close and reserves.     Reviewer Comment (2019-10-07): Rec'd CD from sale of departure residence netting sufficient funds for closing and reserves.
 10/07/2019     1 A   GA Primary Purchase   C A C A A A C A Non QM Non QM No
207917191 [REDACTED]         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 [REDACTED], prior to three (3) business days from transaction date of [REDACTED]. This can be cured on [REDACTED]     Reviewer Comment (2019-10-15): RTC, LOE and proof of delivery provided, rescission has expired


Buyer Comment (2019-10-15): Good Morning, RTC can be cleared, thanks


Reviewer Comment (2019-10-11): this can be cured after [REDACTED]
   10/15/2019   2 B   FL 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
207917191 [REDACTED]         Compliance Compliance Federal Compliance TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).       Reviewer Comment (2019-10-15): RTC, LOE and proof of delivery provided, rescission has expired


Buyer Comment (2019-10-15): Good Morning, RTC can be cleared, thanks


Reviewer Comment (2019-10-11): this can be cured on [REDACTED]   tracking label shows it was delivered [REDACTED], RTC in file and Lender corr in file
   10/15/2019   2 B   FL 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
207917191 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Flood Insurance Premium under Prepaids. Final Closing Disclosure does not reflect number of months paid for Flood Insurance premium under prepaids.             2 B   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
207917191 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for Title- Municipal Lien Search Fee of $95.00 was not provided.     Reviewer Comment (2019-10-09): Attestation provided - Fee further outsourced by borrower chosen provider.
 10/09/2019     1 A   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
207917191 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Municipal Lien search.  Fee Amount of $95.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title- Municipal Lien Search Fee was not disclosed on the initial LE but was added on the Final CD and the provider used was not the same provider used for the Title fees disclosed on the initial LE. It appears the borrower was not notified of the fee or given the opportunity to shop for a vendor so this fee is out of tolerance.     Reviewer Comment (2019-10-09): Attestation provided - Fee further outsourced by borrower chosen provider.
 10/09/2019     1 A   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
207917192 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MS Primary Purchase   C B C A B B C A Non QM Non QM No
207917192 [REDACTED]         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.               2 B   MS Primary Purchase   C B C A B B C A Non QM Non QM No
207917192 [REDACTED]         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 [REDACTED] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. Seller credit for $465.00 for appraisal POC disclosed on Final CD             2 B   MS Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B C A Non QM Non QM Yes
207917192 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Missing evidence of hazard insurance on  [REDACTED] .     Reviewer Comment (2019-10-08): free and clear - no insurance


Buyer Comment (2019-10-04): property is owned insurance is not required.
 10/08/2019     1 A   MS Primary Purchase   C B C A B B C A Non QM Non QM No
207917194 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided   Lender approval form not provided     Reviewer Comment (2019-10-07): Rec'd approval.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207917194 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Income worksheet not provided for coborrower     Reviewer Comment (2019-10-07): Rec'd income worksheet
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207917194 [REDACTED]         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. Per disclosure tracking summary appraisal & AVM provided dates are  [REDACTED]             2 B   TX Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207917194 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Loan Not Closed At Office of Lender, Attorney, or Title Company) Texas Constitution Section 50(a)(6):  Loan did not close at office of lender, attorney or title company. Settlement agent is  [REDACTED]     Reviewer Comment (2019-10-02): CD shows signed at [REDACTED].


Buyer Comment (2019-10-02): The CD shows that it closed at [REDACTED].
 10/02/2019     1 A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B A A Non QM Non QM Yes
207917194 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) T-42 & T-42.1 endorsements not provided on title             2 B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B C B C B A A Non QM Non QM No
207917194 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Properly Executed by all persons vested on title) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed. Not signed by lender     Reviewer Comment (2019-10-07): Rec'd disclosure signed by lender.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy. If borrower does not return, THEN (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B A A Non QM Non QM Yes
207917194 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Not signed by lender     Reviewer Comment (2019-10-07): Rec'd disclosure signed by lender.
 10/07/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B C B C B A A Non QM Non QM Yes
207917194 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing 2 comparable property listings. 7.75 months reserves > 3 months guideline minimum.

Borrower loan has a disposable income of $5,300.		 Originator

Originator		 Reviewer Comment (2019-10-07): Rec'd exception for missing 2 listing comps.  5 comparable sales were provided.
     10/07/2019 2 B   TX Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
207917195 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months collected for property taxes under prepaids on the Final CD is not evident.             2 B   IL Primary Refinance - Cash-out - Home Improvement Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207917195 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing letter of explanation for inquiry dated within 120 days on[REDACTED] with  [REDACTED] .     Reviewer Comment (2019-10-10): Cleared


Reviewer Comment (2019-10-07): Outside required 90 day lookback period; exception cleared.
 10/10/2019     1 A   IL Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207917195 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-10-07): Rec'd PC CPa letter dated [REDACTED]; exception cleared.
 10/07/2019     1 A   IL Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Non QM Non QM No
207917248 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207917248 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-07): Rec'd Approval in trailing docs; exception cleared.
 10/07/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A     C A     No
207917251 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Certificate of Good Standing not provided         Reviewer Comment (2019-10-09): Rec'd Certificate of Good Standing in trailing docs; exception cleared.


Reviewer Comment (2019-10-03): Articles of Formation dated [REDACTED] for [REDACTED], so need Certificate of Good Standing.


Buyer Comment (2019-10-01): Please explain why?
No income was used to qualify so I do not understand why this would be required.
Brwr used Equity from home to qualify.
 10/09/2019     1 A   TX Investment Refinance - Cash-out - Other   C A C A     C A     No
207917251 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Investment Refinance - Cash-out - Other   C A C A     C A     No
207917253 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-18): not required
 10/18/2019     1 A   FL Investment Purchase   C B C B     C A     No
207917253 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 996 < 1200 requirement 14 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-07): Rec'd exception for property sq. ft. < guideline minimum.
     10/07/2019 2 B   FL Investment Purchase   C B C B     C A     No
207917393 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   GA Primary Purchase   C C C B C B C C Non QM Non QM No
207917393 [REDACTED]         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. Actual date appraisal was provided to the borrower was not int he file.             2 B   GA Primary Purchase   C C C B C B C C Non QM Non QM No
207917393 [REDACTED]         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. Actual date appraisal was provided to the borrower was not int he file.             2 B   GA Primary Purchase   C C C B C B C C Non QM Non QM No
207917393 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Assumption TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether the loan allows for Assumption. Final CD did not address if Assumption is allowed, not check marked.             2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C B C B C C Non QM Non QM Yes
207917393 [REDACTED]         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 $80.00 exceeds tolerance of $70.00 plus 10% or $77.00.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $3 due to fee increase. No valid COC provided, nor evidence of cure in file.     Reviewer Comment (2019-09-24): [REDACTED] received an attestation for the GRMA fee is included in the transfer tax disclosed on LE.  Total $984 + $410 + $10 = $1404.  No cure required.  Georgia Residential Mortgage Act (GRMA) Per Loan Fees - The $10.00 per loan fees required by O.C.G.A. § 7-1-1011(b)(2) and Department Rule 80-5-1-.04 are due on a semiannual basis.


Buyer Comment (2019-09-20): Invalid Condition the GRMA was disclosed on the LE.  The total amount of Transfer Taxes disclosed on both LE's $1404.  This was then itemized on the CD in schedule E.  County Tax/Stamp = $410, State Tax/Stamp = $984 GRMA = $10.  this totals to the $1404 disclosed on both LE's.


Reviewer Comment (2019-09-20): Fee is GRMA/GA fee not disclosed until the final CD in section E.  Unable to address the exception.  PCCD, LOE and copy of refund check required.


Buyer Comment (2019-09-19): Invalid Condition.  borrower chose their own provider
 09/24/2019     1 A   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C C C B C B C C Non QM Non QM Yes
207917393 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Cure for various 0% and/or 10% tolerance violations in the amount of $3.00 was not provided. Provide a post-close CD disclosing the tolerance cure of $3.00, copy the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.     Reviewer Comment (2019-09-24): [REDACTED] received an attestation for the GRMA fee is included in the transfer tax disclosed on LE.  Total $984 + $410 + $10 = $1404.  No cure required.  Georgia Residential Mortgage Act (GRMA) Per Loan Fees - The $10.00 per loan fees required by O.C.G.A. § 7-1-1011(b)(2) and Department Rule 80-5-1-.04 are due on a semiannual basis.


Reviewer Comment (2019-09-20): Fee is GRMA/GA fee not disclosed until the final CD in section E.  Unable to address the exception.  PCCD, LOE and copy of refund check required.
 09/24/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C C B C B C C Non QM Non QM Yes
207917393 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. All Bank Statement loans require minimum 660 credit score 44% DTI  < 55% guideline max.

14 months reserves > 4 months guideline minimum.

$6,000 residual income > $1,500 guideline minimum.		 Originator

Originator

Originator		 Reviewer Comment (2019-09-24): Rec'd exception for credit score < guideline minimum.
     09/24/2019 2 B   GA Primary Purchase   C C C B C B C C Non QM Non QM No
207924858 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207933587 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Primary Purchase   C B A A B B C A Non QM Non QM No
207933587 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Appraisal transfer letter from broker assigning rights to the appraisal to the lender was not provided.             2 B   AZ Primary Purchase   C B A A B B C A Non QM Non QM No
207933588 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure.               2 B   FL Investment Purchase   B B A A B B A A N/A N/A No
207933590 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Disclosed value $0.00, calculated value $550.00     Reviewer Comment (2019-10-07): [REDACTED] received an attestation for Borrower chosen provider fee requirement.
 10/07/2019     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207933590 [REDACTED]         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 $550.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Cost to cure $550.00 due Borrower.  Fee was not disclosed on initial LE, by valid change in circumstance and was not provided by same service provider.     Reviewer Comment (2019-10-07): [REDACTED] received an attestation for Borrower chosen provider fee requirement.
 10/07/2019     1 A   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 Non QM Non QM Yes
207933590 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Homeowner's insurance disclosed Prepaids is $ [REDACTED]  versus monthly   calculation amount of $ [REDACTED] which is supported by invoice             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207933590 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-07): received approval
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207933590 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Business assets considered at 50% of account balance per guides.  Shortage to close $ [REDACTED] .     Reviewer Comment (2019-10-07): Updated assets based on correct guidelines


Buyer Comment (2019-10-03): Do you guys have the updated guidelines?  The current guidelines do not have this requirement.
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207933590 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   UW exception was not provided.  Business assets considered at 50% of account balance per guides.  Shortage to close $ [REDACTED] .  No reserves available.     Reviewer Comment (2019-10-07): Updated assets based on correct guidelines


Buyer Comment (2019-10-03): This is not an accurate guideline.  We allow for 100% of the business bk stmt balance to be used.
 10/07/2019     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
207933592 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller -  Cash To Close TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed a Final Cash to Close that did not match the actual sum of Final cash to close figures. No change in circumstance was provided             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207933592 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Max payment shock for first time homeowner's is 250%. 67 months reserves > 4 months guideline minimum.

Borrower  has a disposable income of $70,000.		 Originator

Originator		 Reviewer Comment (2019-10-07): Rec'd exception for payment shock > guideline maximum.
     10/07/2019 2 B   FL Primary Purchase   C B C B B B A A Non QM Non QM No
207933601 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW Exception with Compensating Factors Provided. 34.34% DTI on this Personal Bank Statement documentation loan < 55% guideline max - 20.66% below program guideline maximum

Borrower on this Personal Bank Statement documentation loan has a disposable income of $10,507.50 monthly > $1,500.00 required monthly		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-01): CRE D174
     10/01/2019 2 B   MD Primary Purchase   C C B B A A C C Non QM Non QM No
207933601 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   MD Primary Purchase   C C B B A A C C Non QM Non QM No
207933601 [REDACTED]         Credit Income / Employment Income Documentation Employment Error: Employment years in field not provided. - Information was not provided.             2 B   MD Primary Purchase   C C B B A A C C Non QM Non QM No
207933601 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MD Primary Purchase   C C B B A A C C Non QM Non QM No
207933603 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207933603 [REDACTED]         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 $480.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/01/2019   1 A   FL Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
207933603 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Amount was not month specific so it was left blank.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207933603 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller fees shown on Borrower's CD only.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207933605 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CO Investment Purchase   C B C B A A C A N/A N/A No
207933605 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   Borrower on this 12 Mo Business Bank statement documentation loan has a disposable income of $3,424.98

24.86 months reserves > 4 months guideline minimum		 Originator

Originator		 Reviewer Comment (2019-10-08): Rec'd CRE - D256
     10/08/2019 2 B   CO Investment Purchase   C B C B A A C A N/A N/A No
207933605 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. - Authorized user account is a duplicate to account already included in DTI.  Exclusion allowable per guidelines.             2 B   CO Investment Purchase   C B C B A A C A N/A N/A No
207933610 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Preliminary title did not disclose a value             2 B   CA Investment Purchase   C B B B A A C A N/A N/A No
207933610 [REDACTED]         Credit Loan Package Documentation Application / Processing 1003 Error: # of years at current address was not provided - Information was not provided.             2 B   CA Investment Purchase   C B B B A A C A N/A N/A No
207933610 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Purchase   C B B B A A C A N/A N/A No
207933615 [REDACTED]         Credit Credit Credit Documentation Insufficient Verification of Rental History.   Mortgage history for investment property is provided by credit report, however verification of borrower's rental history not provided. 26.26471% DTI on this 12 MO Business bank statement documentation loan < 55% guideline max - 28.7% below program guideline maximum Originator Reviewer Comment (2019-10-09): Rec'd CRE - D184
     10/09/2019 2 B   GA Primary Purchase   C B C B A A A A Non QM Non QM No
207933615 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Verified funds including the gift, the borrower's personal accounts not including the recent $ [REDACTED]  deposit due to the source being unacceptable and business account, the borrowers are short the funds needed to close. However, the borrowers do have sufficient funds verified to complete the transaction taking into account the tax credit from the seller. The Co-Borrower's  [REDACTED]  is sufficient to cover the borrowers need to meet reserve requirements.     Reviewer Comment (2019-10-09): $90K deposit from [REDACTED] is acceptable; full payment included in debt ratio; exception cleared.


Buyer Comment (2019-10-04): Per the wire receipt the Brwr only brought $71,099.10 and the gift funds of $90,000.00 to closing.
 10/09/2019     1 A   GA Primary Purchase   C B C B A A A A Non QM Non QM No
207933616 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207933616 [REDACTED]         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.               2 B   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207933620 [REDACTED]         Credit Asset Asset Calculation / Analysis Available for Closing is insufficient to cover Cash From Borrower.   Missing verification of gift funds receipt.     Reviewer Comment (2019-10-08): Received bank statement from gift donor
 10/08/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207933620 [REDACTED]         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.               2 B   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207933620 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy.   Missing gift fund receipt verification.     Reviewer Comment (2019-10-08): Received bank statement from gift donor
 10/08/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207933620 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. -       Reviewer Comment (2019-10-08): Received
 10/08/2019     1 A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
207933621 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A A A C A N/A N/A No
207933622 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207933622 [REDACTED]         Credit Insurance Insurance Analysis Insurance address does not match Note address.   Insurance policy reflects the city of  [REDACTED] and not  [REDACTED] .     Reviewer Comment (2019-10-07): Rec'd corrected insurance policy.
 10/07/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207933622 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Bank statement dated  [REDACTED]  has not been provided.     Reviewer Comment (2019-10-07): Rec'd October bank statement.
 10/07/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
207933624 [REDACTED]         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 $715.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/01/2019   1 A   CA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207933624 [REDACTED]         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 $715.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/01/2019   1 A   CA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207933629 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Investment Purchase   C B C B     C A     No
207933629 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 1195 < 1200 required 498.99 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-08): Rec'd CRE - D205
     10/08/2019 2 B   TN Investment Purchase   C B C B     C A     No
207933630 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   OH Investment Refinance - Cash-out - Other   C B B B     C A     No
207933630 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject property listed for sale last 12 months. 64 months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-10-03): CRE D02
     10/03/2019 2 B   OH Investment Refinance - Cash-out - Other   C B B B     C A     No
207933631 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not .2 or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CO Investment Refinance - Cash-out - Other   C B A A     C B     No
207933631 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CO Investment Refinance - Cash-out - Other   C B A A     C B     No
207933632 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Rate/Term   C B C B     C A     No
207933632 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 933 < 1200 required 38.16 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-08): Rec'd CRE - D140
     10/08/2019 2 B   FL Investment Refinance - Rate/Term   C B C B     C A     No
207933633 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207933634 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MD Investment Purchase   C A C A     C A     No
207933634 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Articles of Organization/Formation not provided         Reviewer Comment (2019-10-09): Rec'd Articles of Org. in trailing docs; exception cleared.
 10/09/2019     1 A   MD Investment Purchase   C A C A     C A     No
207933882 [REDACTED] W2019070265       Credit Credit Miscellaneous Credit Exception:   Guidelines require prepayment penalty, no prepayment penalty appears on note.     Reviewer Comment (2019-09-05): Prepay was bought out with higher interest rate.


Buyer Comment (2019-09-04): borrower can buy out PPP, which they did.  Please refer to lock confirmation.
 09/05/2019     1 A   CA Investment Refinance - Rate/Term   C A C A     A A     No
207933883 [REDACTED] W2019070268       Credit Credit Miscellaneous Credit Exception:   Guidelines require a prepayment penalty however no prepayment penalty is present.     Reviewer Comment (2019-09-05): Prepay was bought out through the rate. Rate Lock was provided.


Buyer Comment (2019-09-04): borrower bought out PPP.  See lock confirmation
 09/05/2019     1 A   CA Investment Refinance - Rate/Term   C A C A     A A     No
207933886 [REDACTED] W2019070230       Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-09-10): Updated title commitment provided with matching note amount.
 09/10/2019     1 A   CA Investment Refinance - Rate/Term   C A C A C A A A N/A N/A No
207933886 [REDACTED] W2019070230       Compliance Compliance Miscellaneous Compliance Other Compliance Exception (Manual Add)   Please provide a borrower prepared business narrative from  [REDACTED]  as required for borrowers using business bank statement expense factor qualification method..     Reviewer Comment (2019-09-10): Received borrower executed business narrative.


Reviewer Comment (2019-09-05): Please upload the document referred to for further review. Thank you.


Buyer Comment (2019-09-04): The borrower signed this form and answered all questions.  The questions are in line with what is required to be stated on a business narrative.  Please accept.
 09/10/2019     1 A   CA Investment Refinance - Rate/Term   C A C A C A A A N/A N/A Yes
207933887 [REDACTED] W2019070209       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. $400.00 variance, unable to determine source of variance.     Reviewer Comment (2019-09-10): Situs[REDACTED] received required documents, exception is cured.


Buyer Comment (2019-09-09): see PC CD and email
   09/10/2019   2 B   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 A A C B A A Non QM Non QM Yes
207933887 [REDACTED] W2019070209       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. There appears to be a variance with the amount of taxes. The Tax cert reflects annual amount of $ [REDACTED]  monthly. However it appears that the Lender used $ [REDACTED] , this amount is reflected on the Final Application. Taxes and Insurance was not escrowed.
-Please provide documentation confirming amount of taxes used for subject property.		     Reviewer Comment (2019-09-10): Situs[REDACTED] received required documents, exception is cleared.


Reviewer Comment (2019-09-05): Please provide tax calculation worksheet / breakdown - unable to locate in file.  tax cert in file reflects $5,105.51 semi annually.


Buyer Comment (2019-09-04): Looks like the u/w had a note on the tax bill, how they came up with the property taxes
 09/10/2019     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207933888 [REDACTED] W2019040265       Credit Credit Public Records Public Records/Collections/Charge Off does not meet guidelines. - Lender exception to allow a deed in lieu of foreclosure recorded [REDACTED] and is not reflected on the borrowers credit report (No Deed in Lieu within past 3 years).  Compensating Factors provided. Borrower has employment stability for 18 years in the [REDACTED].

Borrower on this full documentation loan has a disposable income of $28,000.

Borrower has job stability for 11 years as a [REDACTED].

25.20% DTI on this Full documentation loan < 43.00% guideline max.

19 months reserves > 0 months guideline minimum.		 Aggregator

Aggregator

Aggregator

Aggregator

Aggregator		 Reviewer Comment (2019-09-04): Client elects to waive with Compensating Factors.
     09/04/2019 2 B   CA Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
207933888 [REDACTED] W2019040265       Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.         Reviewer Comment (2019-09-10): Title supplement reflecting coverage equal to loan amount was provided.
 09/10/2019     1 A   CA Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM No
207933888 [REDACTED] W2019040265       Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. The final CD does not reflects the number of months for the property tax prepaids.     Reviewer Comment (2019-09-11): [REDACTED] received PCCD correcting tax months and LOE. Exception Cured.


Buyer Comment (2019-09-10): see PC CD and Letter
   09/11/2019   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
207933888 [REDACTED] W2019040265       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. Loan Designation was not provided by lender.  Due Diligence identified a Loan Designation of Safe Harbor QM.     Reviewer Comment (2019-09-05): Lender provided loan designation as Non-QM.
 09/05/2019     1 A   CA Primary Refinance - Rate/Term   C B B B C B A A Non QM Non QM Yes
207933889 [REDACTED] W2019070375       Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ HOI Policy dated [REDACTED] was not in effect as of the Disbursement Date of [REDACTED].     Reviewer Comment (2019-09-11): Received PCCD verifying actual date of disbursement [REDACTED], policy effective at time of funding.
 09/11/2019     1 A   CA Second Home Purchase   C B C B B A A A Non QM Non QM No
207933889 [REDACTED] W2019070375       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. Valuation in file is dated [REDACTED] and then updated and a new report date of [REDACTED]. Could not find any proof in file of valuations sent to borrower.     Reviewer Comment (2019-09-13): Appraisal dated [REDACTED] was received by Borrower on [REDACTED]. Revised appraisal report dated [REDACTED], changes were clerical in nature as stated by appraiser.


Buyer Comment (2019-09-12): see page 10 for comments from appraiser as to what was addressed on [REDACTED].  that was actually the day the loan funded/disbursed so it was after they signed but not after they funded.


Reviewer Comment (2019-09-11): The appraisal is dated after close, please provide a list of changes made form the original appraisal dated [REDACTED] to verify that they were clerical in manner only.
 09/13/2019     1 A   CA Second Home Purchase   C B C B B A A A Non QM Non QM No
207933889 [REDACTED] W2019070375       Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Lender approval in file dated [REDACTED] by [REDACTED] with compensating factors. Housing payment history clean for 14 years.

Increase in residual income by 10% or greater. Residual income $40,000 plus.

DTI less than 30% below program maximum.		 Aggregator

Originator

Originator		 Reviewer Comment (2019-09-04): Client elects to waive with Compensating Factors.
     09/04/2019 2 B   CA Second Home Purchase   C B C B B A A A Non QM Non QM No
207934802 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.         Reviewer Comment (2019-10-23): received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B A A     C B     No
207934802 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Leases loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Investment Refinance - Cash-out - Other   C B A A     C B     No
207934807 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207934808 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-20): CU Score of 2.0
 10/20/2019     1 A   TX Investment Purchase   C B C B     C A     No
207934808 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 965 < 1200 required 23.14 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-07): Rec'd CRE - D205
     10/07/2019 2 B   TX Investment Purchase   C B C B     C A     No
207934808 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-07): Rec'd approval in trailing docs; exception cleared.
 10/07/2019     1 A   TX Investment Purchase   C B C B     C A     No
207934829 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   26.33% DTI on this Business Bank Statement documentation loan < 55% guideline max - 28.67% below program guideline maximum

Borrower on this Business Bank Statement documentation loan has a disposable income of $13,357.60 monthly > $1,500.00 monthly requirement.		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-03): CRE D181
     10/03/2019 2 B   GA Primary Purchase   C B B B B B C A Non QM Non QM No
207934829 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Required fields are blank.             2 B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B B B C A Non QM Non QM Yes
207934829 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   GA Primary Purchase   C B B B B B C A Non QM Non QM No
207934832 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-15): received final title
 10/15/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207934832 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed         Reviewer Comment (2019-10-15): received final title
 10/15/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207934832 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   12 months reserves > 4 months guideline minimum

Borrower has job stability for 22 years.		 Originator

Originator		 Reviewer Comment (2019-10-18): Rec'd exception for credit score < guideline minimum.
     10/18/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207934838 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
207934838 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   LOE from co-borrower,  [REDACTED] , for credit inquiries.     Reviewer Comment (2019-10-10): CB has no credit inquiries within 90 days of the Note; exception cleared.
 10/10/2019     1 A   TN Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
207934838 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Missing VVOE from  [REDACTED]  within 10 days of closing.     Reviewer Comment (2019-10-14): received post closing VVOE


Buyer Comment (2019-10-11): Per Guideline 6.50: A verbal verification of employment must be completed within ten (10) days of closing, or at any point, post-closing


Reviewer Comment (2019-10-10): Missing current VVOE within 10 days of closing.
 10/14/2019     1 A   TN Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
207934838 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing:   VVOE missing from prior job to verify two year employment history. 29.61% DTI on this Full documentation loan < 55% guideline max - 25% below program guideline maximum

Borrower on this Full documentation loan has a disposable income of $3,968.84		 Originator

Originator		 Reviewer Comment (2019-10-10): Rec'd CRE - D220
     10/10/2019 2 B   TN Primary Refinance - Rate/Term   C B C B A A C A Non QM Non QM No
207934840 [REDACTED]         Compliance Compliance Federal Compliance Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure.               2 B   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207934840 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207934841 [REDACTED]         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 $850.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing. Lender provided a cure credit to the borrower in the amount of 385.00 on page 3 of the final CD         10/02/2019   1 A   AZ Second Home Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207934843 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Letter of explanation for inquiry dated [REDACTED]  [REDACTED]  was not provided.     Reviewer Comment (2019-10-10): Rec'd borrower confirmation of no new debt in trailing docs; exception cleared.
 10/10/2019     1 A   CA Primary Refinance - Rate/Term   C C C A A A C C Non QM Non QM No
207934843 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Primary Refinance - Rate/Term   C C C A A A C C Non QM Non QM No
207934843 [REDACTED]         Property Property - Appraisal Appraisal Reconciliation Missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Rate/Term   C C C A A A C C Non QM Non QM No
207934850 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Second Home Refinance - Cash-out - Debt Consolidation   C B C B C A C A Non QM Non QM No
207934850 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - Missing verification of property taxes for  [REDACTED]     Reviewer Comment (2019-10-08): Received
 10/08/2019     1 A   CA Second Home Refinance - Cash-out - Debt Consolidation   C B C B C A C A Non QM Non QM No
207934850 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 3.05 is less than Guideline PITIA months reserves of 4.00. 727 representative FICO score > 660 guideline minimum

19.934% DTI on Approval Doc 4 and Lender Exception approval Doc 195.   Guideline max DTI; 40%/55%		 AMC

AMC		 Reviewer Comment (2019-10-03): CRE D195
     10/03/2019 2 B   CA Second Home Refinance - Cash-out - Debt Consolidation   C B C B C A C A Non QM Non QM No
207934850 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.       Reviewer Comment (2019-10-08): Document [REDACTED] confirms Initial LE also sent [REDACTED] thus e-delivery n/a
 10/08/2019     1 A   CA Second Home Refinance - Cash-out - Debt Consolidation   C B C B C A C A Non QM Non QM No
207934853 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C B A A C B C A Non QM Non QM No
207934853 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-07): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/07/2019   2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207934853 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Not provided             2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B C A Non QM Non QM Yes
207934855 [REDACTED]         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 $475.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/02/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C C A A A A C C Non QM Non QM Yes
207934855 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Primary Refinance - Cash-out - Other   C C A A A A C C Non QM Non QM No
207934858 [REDACTED]         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. Acknowledgement not provided             2 B   FL Investment Purchase   B B A A B B A A N/A N/A No
207935175 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   DSCR @ 1.40 > 1 required

728 representative FICO score > 640 guideline minimum		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-03): CRE D118
     10/03/2019 2 B   AL Investment Refinance - Rate/Term   B B B B     A A     No
207935444 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Primary Purchase   C B A A B B C A Non QM Non QM No
207935444 [REDACTED]         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.               2 B   MI Primary Purchase   C B A A B B C A Non QM Non QM No
207935444 [REDACTED]         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 $70.47 exceeds tolerance of $49.00.  Sufficient or excess cure was provided to the borrower at Closing. Fee disclosed was last disclosed as $49 on LE but disclosed as $70.47 on Final Closing Disclosure.         09/22/2019   1 A   MI Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
207937212 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-09): Received
 10/09/2019     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207937212 [REDACTED]         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 $946.00 on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-08): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/08/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207937212 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid City Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for City Property Tax under Prepaids. Information was not provided on final CD             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207937212 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. PITIA reserves does not meet 4 months but meets exception policy based on compensating factors of residual income of $ [REDACTED] , Stable employment of [REDACTED] years and verification of rent over [REDACTED] . Borrower on this Full documentation loan has a disposable income of $7254.98

Borrower has job stability for 11 years as a [REDACTED].

Verification of rental history for 48 months.		 Originator

Originator

Originator		 Reviewer Comment (2019-10-03): Reserve requirement not met but meets exception policy based on compensating factors.
     10/03/2019 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207937214 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Rate/Term   C A A A A A C A Non QM Non QM No
207937214 [REDACTED]         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 $465.00 exceeds tolerance of $400.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/02/2019   1 A   FL Primary Refinance - Rate/Term Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207937215 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing Seller Closing Disclosure.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207937217 [REDACTED]         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 $475.00 exceeds tolerance of $465.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/03/2019   1 A   FL Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
207937218 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207937218 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Third party verification of existence of borrower's business dated within 10 days of closing was not provided.     Reviewer Comment (2019-10-14): Received third party verification
 10/14/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207937222 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Other not provided   Letter from  [REDACTED]  dated [REDACTED] does not specifically "Assign" appraisal to originator. 28.91% DTI on this Bank Statement documentation loan < 55% guideline max - 26.09% below program guideline maximum.

Borrower has employment stability for 9.9 years in the [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-10-09): Client provided approved deviation from guidelines.
     10/09/2019 2 B   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207937222 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Only 8 months housing payment history was provided.  1 x 30 x 12 housing payment history required by guidelines was not provided. 28.91% DTI on this Bank Statement documentation loan < 55% guideline max - 26.09% below program guideline maximum.

Borrower has employment stability for 9.9 years in the [REDACTED].		 Originator

Originator		 Reviewer Comment (2019-10-17): Rec'd exception for housing history requirements not met.


Reviewer Comment (2019-10-09): We're still missing the housing payment history for this time period. 12 month payment history required per guidelines.


Buyer Comment (2019-10-07): plz see attached as borrower has enough housing history
     10/17/2019 2 B   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207937222 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Third party evidence the borrower is self-employed as required to use the 12 months business bank statement program was not provided.     Reviewer Comment (2019-10-09): 1099 employee per employer letter
 10/09/2019     1 A   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207937222 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Max cash out of $2,000 was exceeded.  Borrower received $7,375.27 cash back at closing.     Reviewer Comment (2019-10-09): n/a, CD shows cash from Borrower


Buyer Comment (2019-10-07): all the borrower paid off was a mortgage and per guidelines the $2,000 is only when they pay off non-mtg debts
12.2.4 Debt Consolidation
Borrowers using proceeds from a refinance to pay off non-mortgage debts and who receive less than 2% of the total loan amount or $2,000 cash in hand,
 10/09/2019     1 A   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207937223 [REDACTED]         Credit Insurance Insurance Analysis Flood Insurance Policy expires within 90 days of the Note Date. Flood Insurance Policy Expiration Date ___; Note Date ___               2 B   FL Primary Refinance - Cash-out - Other   D B D B B B C A Non QM Non QM No
207937223 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   D B D B B B C A Non QM Non QM No
207937223 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided         Reviewer Comment (2019-10-22): Rec'd corrective Quit Claim Deed in trailing docs; exception cleared.


Reviewer Comment (2019-10-20): Received mortgage, not same as deed, warranty or transfer
 10/22/2019     1 A   FL Primary Refinance - Cash-out - Other   D B D B B B C A Non QM Non QM No
207937223 [REDACTED]         Compliance Compliance Federal Compliance TRID Revised Loan Estimate Received Date >  Closing Disclosure Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate [REDACTED] received on or after the date the Closing Disclosure [REDACTED] 12:00:00 AM was received.               2 B   FL Primary Refinance - Cash-out - Other No Defined Cure D B D B B B C A Non QM Non QM No
207937226 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Taxes paid were not month specific.             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207937226 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. The appraisal valued the property at $ [REDACTED]  and the lender used $ [REDACTED] .             2 B   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207937226 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Settlement Fee and Tax Service Fee were introduced on the final CD and made payable to a unique provider.     Reviewer Comment (2019-10-21): Tolerance exceptions are addressed. Exception Cleared.
 10/21/2019     1 A   OR Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207937226 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Settlement Fee.  Fee Amount of $300.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement Fee and Tax Service Fee were introduced on the final CD and made payable to a unique provider.     Reviewer Comment (2019-10-21): [REDACTED] reviewed exception. Upon further review the exception may be cleared.
 10/21/2019     1 A   OR 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
207937226 [REDACTED]         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.  Fee Amount of $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Settlement and Tax Service Fee were introduced on the final CD and made payable to unique providers.     Reviewer Comment (2019-10-21): [REDACTED] reviewed exception. Upon further review the exception may be cleared.
 10/21/2019     1 A   OR 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
207937232 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207937234 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   LA Investment Purchase   C A A A     C A     No
207937236 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C B C B     C A     No
207937236 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   High FICO

Low LTV

No lates for 25 months		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-21): Exception approval for reserves
     10/21/2019 2 B   CA Investment Refinance - Cash-out - Other   C B C B     C A     No
207937238 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C B B B     C A     No
207937238 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 890 < 1200 requirement 80+ months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-10-04): CRE D002
     10/04/2019 2 B   FL Investment Purchase   C B B B     C A     No
207937239 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property square footage @ 775 < 1200 required Credit score 716 > 640 required Originator Pre-Close Reviewer Comment (2019-10-04): CRE D002
     10/04/2019 2 B   FL Investment Refinance - Cash-out - Other   C B B B     C A     No
207937239 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B B B     C A     No
207937241 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Investment Refinance - Cash-out - Other   C A C A     C A     No
207937241 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Subject loan is a refinance, and property is vacant, Per Guidelines, properties cannot be vacant on a refi unless  [REDACTED] , no evidence provided to show  [REDACTED] .     Reviewer Comment (2019-10-09): Lease agreement and copy of check for security deposit and 1st months rent is in the file; exception cleared.
 10/09/2019     1 A   NV Investment Refinance - Cash-out - Other   C A C A     C A     No
207942311 [REDACTED]         Credit Loan Package Documentation Closing / Title Title Error: Title vesting does not concur with deed   Vesting on Security Agreement reflects both borrower and spouse however, title only reflects borrower and corrected deed is not evident.     Reviewer Comment (2019-10-17): Spouse holds marital interest only.


Buyer Comment (2019-10-16): See email from Title Company, thanks
 10/17/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207942311 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verbal verification of employment within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-10-17): Rec'd VVOE
 10/17/2019     1 A   MN Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207942311 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   45% DTI on this Full documentation loan < 55% guideline max - 10% below program guideline maximum

Borrower on this Full  documentation loan has a disposable income of $6186.76.		 Originator

Originator		 Reviewer Comment (2019-10-07): CRE D170
     10/07/2019 2 B   MN Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207942311 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. CLTV does not meet 80% but meets exception policy based on compensating factor of DTI of 45% is below max allowed and residual income of $ [REDACTED]  is significantly  [REDACTED] . 45% DTI on this Full documentation loan < 55% guideline max - 10% below program guideline maximum

Borrower on this Full  documentation loan has a disposable income of $6186.76.		 Originator

Originator		 Reviewer Comment (2019-10-07): CRE D170
     10/07/2019 2 B   MN Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
207942312 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification Missing  [REDACTED]     Reviewer Comment (2019-10-18): Rec'd evidence of HOA dues.
 10/18/2019     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207942312 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Annual hazard insurance premium $789.15 / 12 month = $65.76 monthly calculated.  Final Consumer CD disclosed $66.00 monthly.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207942312 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception provided. 746 representative FICO score > 660 guideline minimum - 86 points above guideline minimum

Credit history no late payments in the last 24 months		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-04): Lender exception D0215
     10/04/2019 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207942312 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Missing Seller CD             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
207942312 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statement  [REDACTED]  ending  [REDACTED] dated [REDACTED] missing pages 2-6 of 6.  UW considered the asset to meet reserve requirements and also issued exception for reserves based on the inclusion of this asset. 746 representative FICO score > 660 guideline minimum - 86 points above guideline minimum

Credit history no late payments in the last 24 months		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-18): Rec'd exception for insufficient reserves and missing complete[REDACTED] [REDACTED].
     10/18/2019 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207942312 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of the existence of Borrower's business was not provided within 10 days of closing.     Reviewer Comment (2019-10-18): Rec'd third party verification.
 10/18/2019     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
207942313 [REDACTED]         Compliance Compliance State Compliance (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2019-10-18): Rec'd signed disclosure.
 10/18/2019     1 A   TX Primary Refinance - Cash-out - Other To Remediate: Lender must either sign the AFMV.  Best practices would be to deliver to the borrower the required disclosure signed by the lender or refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C C C B C A C C Non QM Non QM Yes
207942313 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. 57% LTV < 90% guideline max.

Borrower has $6,000 residual income		 Originator

Originator		 Reviewer Comment (2019-10-18): Rec'd exception for missing additional listing comp.
     10/18/2019 2 B   TX Primary Refinance - Cash-out - Other   C C C B C A C C Non QM Non QM No
207942313 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   TX Primary Refinance - Cash-out - Other   C C C B C A C C Non QM Non QM No
207942313 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Bank statement dated  [REDACTED]  was not provided. Borrower qualifying income based on eleven months of personal bank statements.     Reviewer Comment (2019-10-18): Rec'd August statement.
 10/18/2019     1 A   TX Primary Refinance - Cash-out - Other   C C C B C A C C Non QM Non QM No
207942313 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Refinance - Cash-out - Other   C C C B C A C C Non QM Non QM No
207942315 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.                 2 B   NV Primary Refinance - Cash-out - Other   C C C B C B C C Non QM Non QM No
207942315 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [REDACTED] disclosed a Finance Charge that does not match the actual finance charge for the loan. The difference is because property taxes were shown paid in Section C of the CD.     Reviewer Comment (2019-10-17): property taxes removed from FC calculation
 10/17/2019     1 A   NV Primary Refinance - Cash-out - Other 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 C C B C B C C Non QM Non QM Yes
207942315 [REDACTED]         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 [REDACTED] 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. No mortgage payoff was shown on the CD.             2 B   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C C C B C B C C Non QM Non QM Yes
207942315 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. The cure was not enough to cover the property taxes listed in Section C of the CD.     Reviewer Comment (2019-10-17): LOE, Corrected CD and Proof of Delivery provided. Cure check not required Property taxes moved from Section C to Section F
   10/17/2019   2 B   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C C C B C B C C Non QM Non QM Yes
207942315 [REDACTED]         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 $160.00 exceeds tolerance of $80.00 plus 10% or $88.00.  Insufficient or no cure was provided to the borrower. Cure was provided to cover the increase.     Reviewer Comment (2019-10-17): Sufficient cure provided at close


Buyer Comment (2019-10-16): Hi,  since we have a Cure can this please be cleared as its still marked a 3; as you stated "Cure was provided to cover the increase."?  Thanks
 10/17/2019     1 A   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 C C B C B C C Non QM Non QM Yes
207942315 [REDACTED]         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.  Fee Amount of $1,268.58 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Property taxes were shown in Section C of the CD.     Reviewer Comment (2019-10-17): LOE, Corrected CD and Proof of Delivery provided. Cure check not required Property taxes moved from Section C to Section F
   10/17/2019   2 B   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 C C B C B C C Non QM Non QM Yes
207942315 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   NV Primary Refinance - Cash-out - Other   C C C B C B C C Non QM Non QM No
207942315 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___.       Reviewer Comment (2019-10-20): Max cash out on an 80% LTV is $200K per [REDACTED] matrix


Buyer Comment (2019-10-18): Hi, Note been on site since [REDACTED], thanks


Buyer Comment (2019-10-16): Hi, per Matrix--Primary Residence - Max cash-out $500k (its only on 2nd /NOO - Max cash-in-hand $200k • $200,001 to $300k 5% LTV reduction), thanks
 10/20/2019     1 A   NV Primary Refinance - Cash-out - Other   C C C B C B C C Non QM Non QM No
207942315 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Bank Statement loan More than $200K in reserves

Residual income of more than $20K

[REDACTED] more than 9+ years		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-22): Credit Exception for FICO score


Buyer Comment (2019-10-22): So sorry thought it was uploaded; uploaded was the incorrect CRE


Reviewer Comment (2019-10-22): Nothing uploaded.


Reviewer Comment (2019-10-20): FICO for bank statement per [REDACTED] matrix is 660, email has been sent to client


Buyer Comment (2019-10-17): Good morning, if I'm not mistaken per our guides for BS loans 20.4 credit score for: Portfolio Select Minimum: 620 and most recent guides as well as [REDACTED] guides you are referring to; please advise, thanks
     10/22/2019 2 B   NV Primary Refinance - Cash-out - Other   C C C B C B C C Non QM Non QM No
207942316 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Not Provided             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207942317 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207942317 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Bank statements used for 12 month bank statement calculation are not consecutive.   [REDACTED] statement was used in place of  [REDACTED] statement.   [REDACTED] statement was not provided.  DTI TBD.  Additional conditions may apply.     Reviewer Comment (2019-10-18): Received [REDACTED] statement
 10/18/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207942317 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.   Max 250% for first time home buyer exceeded.  Lender exception provided. Borrower has employment stability for 7 years in the [REDACTED] industry.

0 x 30 x 24 housing payment history.		 Originator

Originator		 Reviewer Comment (2019-10-22): Exception in file for payment shock
     10/22/2019 2 B   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207942317 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing third party documentation evidencing borrower is self-employed for personal bank statement income program.     Reviewer Comment (2019-10-18): n/a
 10/18/2019     1 A   FL Primary Purchase   C B C B A A C A Non QM Non QM No
207942318 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. Payment shock of 14.50833%

20.81 months reserves > 4 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-10-09): Client provided approved guideline deviation with compensating factors.


Reviewer Comment (2019-10-09): Client provided approved deviation from guidelines.
     10/09/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207942318 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided     Payment shock of 14.50833%

20.81 months reserves > 4 months guideline minimum.		 Originator

Originator		 Reviewer Comment (2019-10-09): Approval provided with compensating factors
     10/09/2019 2 B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
207942320 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           10/04/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B A A C A Non QM Non QM Yes
207942320 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207942320 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing an additional comparable property listing. 39% DTI < 55% guideline max

42% LTV < 80% guideline max.

Borrower has a disposable income of $18,500		 Originator

Originator

Originator		 Reviewer Comment (2019-10-22): Exception approval


Buyer Comment (2019-10-18): Hi, You waived this due to the CRE, but its still a 3? Thanks


Reviewer Comment (2019-10-17): Rec'd exception for appraisal only has 1 listing, value well supported.
     10/17/2019 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207942320 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing secondary valuation as required for loan amounts [REDACTED]     Reviewer Comment (2019-10-17): Per guidelines, secondary valuation not required for LTVs < 50%.  The subject LTV is 42%.


Buyer Comment (2019-10-15): Hi...Under guides 2.4 Appraisal Review, this fall under--LTV's <50% a secondary appraisal product is not required Loan amounts ≥ $1.5MM or loan amounts ≥ $1.0MM with LTVs >80%). LTV on this loan is: LTV / CLTV: 41.94% / 41.94%. Thanks
 10/17/2019     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207942322 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Borrower Closing Costs TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [REDACTED] disclosed Total Closing Costs that does not match Total Closing Costs (Borrower-Paid) on page 2. Figures input to match CD's             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207942322 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Borrower Paid Other Costs Total Section J TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed Total Closing Costs (Borrower-Paid) (Section J) that does not match sum of fees. Figures input to match CD's             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207942322 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Value - Total Closing Costs TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] disclosed the Final value of Total Closing Costs that does not match the Total Closing Costs (Borrower-Paid) from page 2. Figures input to match CD's             2 B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207942322 [REDACTED]         Compliance Compliance Federal Compliance TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [REDACTED] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Esign consent date [REDACTED]er disclosure tracking summary     Reviewer Comment (2019-10-14): Disclosure summary provided confirms Initial LE was also sent [REDACTED] thus E-Delivery N/A
 10/14/2019     1 A   CO Primary Purchase   C B A A C B A A Non QM Non QM No
207942322 [REDACTED]         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.               2 B   CO Primary Purchase   C B A A C B A A Non QM Non QM No
207942326 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-17): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/17/2019   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
207942326 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___.   10 months of reserves

Residual income of $6300+ per month

Borrower has employment stability for 5 years		 Originator Pre-Close

Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-20): Exception approval for FICO below minimum required of 660
     10/20/2019 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
207942327 [REDACTED]         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 $ [REDACTED] exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           10/04/2019   1 A   FL Primary Purchase Final CD evidences Cure C B A A B B C A Non QM Non QM Yes
207942327 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Change - Deposit TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [REDACTED] incorrectly disclosed whether there was a change in the Deposit. Incorrect Yes response in change in deposit. Amount represented only is a change in the one hundredth of a dollar and is not considered a change.             2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A B B C A Non QM Non QM Yes
207942327 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C B A A B B C A Non QM Non QM No
207942328 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on[REDACTED]. 738 representative FICO score > 680 guideline minimum.

Borrower has a disposable income of $22,000		 Originator

Originator		 Reviewer Comment (2019-10-15): Rec'd exception for missing 2nd comparable listing.
     10/15/2019 2 B   CA Primary Purchase   C C C B C A C C Non QM Non QM No
207942328 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Primary Purchase   C C C B C A C C Non QM Non QM No
207942328 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines. Payment Shock: ___ Per guidelines, payment shock may not exceed 250%. The borrowers exceed the threshold slightly due to qualifying being based on the fully amortizing payment after ten years. However, the borrowers payment shock of 166% is within the guideline requirement based on the interest only payment for the next ten years. Exception approval not provided. 738 representative FICO score > 680 guideline minimum.

Borrower has a disposable income of $22,000		 Originator

Originator		 Reviewer Comment (2019-10-15): Rec'd exception for payment shock.
     10/15/2019 2 B   CA Primary Purchase   C C C B C A C C Non QM Non QM No
207942328 [REDACTED]         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. Co-Borrower's self-employment is being captured to reduce the amount of income being used for qualifying.  [REDACTED]  reported losses for both years.     Reviewer Comment (2019-10-22): Updated income document requirements met on negative income


Reviewer Comment (2019-10-21): Sent to be updated


Buyer Comment (2019-10-18): Please back out the [REDACTED] Income for the Co-Brwr.  Ratios should still meet guideline requirements.
 10/22/2019     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C C C B C A C C Non QM Non QM Yes
207942332 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.                 2 B   FL Second Home Purchase   C B B B C B C A Non QM Non QM No
207942332 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C B B B C B C A Non QM Non QM No
207942332 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Blank             2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207942332 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $0.00     Reviewer Comment (2019-10-14): Tolerance exceptions are addressed. Exception Cleared.
 10/14/2019     1 A   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B C A Non QM Non QM Yes
207942332 [REDACTED]         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 $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search.     Reviewer Comment (2019-10-14): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 10/14/2019     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207942332 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $450.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.     Reviewer Comment (2019-10-14): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 10/14/2019     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207942332 [REDACTED]         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. Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee.     Reviewer Comment (2019-10-14): [REDACTED] reviewed exception. Upon further review exception may be cleared.
 10/14/2019     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B C A Non QM Non QM Yes
207942333 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207942333 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and four closed sales for the appraisal issued on [REDACTED]. 19.6 months reserves > 4 months guideline minimum.

Payment shock of 0%		 Originator

Originator		 Reviewer Comment (2019-10-09): Lender provided deviation based on compensating factors.
     10/09/2019 2 B   NJ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207942333 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Missing Secondary Valuation.   Secondary valuation product to support value is required for cash out refinances of investment properties.     Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207942333 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ Verification of association dues not provided.     Reviewer Comment (2019-10-15): received


Buyer Comment (2019-10-15): This is the HOA document. Please zoom in.


Reviewer Comment (2019-10-14): please upload referenced document, nothing provided post review other than approval


Buyer Comment (2019-10-11): [REDACTED] - $157/ mo per the [REDACTED] document. Please clear.


Reviewer Comment (2019-10-09): Missing verification of HOA dues
 10/15/2019     1 A   NJ Investment Refinance - Cash-out - Other   C B C B A A C A N/A N/A No
207942335 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           10/04/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
207942335 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The amount is not month specific and not the full annual premium.             2 B   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
207942335 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Amount paid was not month specific.             2 B   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
207942335 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Full tolerance cure provided for Transfer Tax.     Reviewer Comment (2019-10-21): Tolerance exceptions are addressed. Exception Cleared.
 10/21/2019     1 A   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
207942335 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Full tolerance cure provided.     Reviewer Comment (2019-10-21): A cure was provided at closing.


Buyer Comment (2019-10-21): Note: Please advise; as there is a Cure on the CD for the $247.50 and you acknowledged it as well (Exception Information Full tolerance cure provided) canyou advise why is this still a 3 and not cleared as a 1? Thanks
 10/21/2019     1 A   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
207942335 [REDACTED]         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 $75.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee introduced on CD, payable to a unique provider and not covered by a tolerance cure.     Reviewer Comment (2019-10-21): [REDACTED] reviewed exception. Upon further review exception may be cleared.


Buyer Comment (2019-10-18): see SPL
 10/21/2019     1 A   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
207942339 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NV Investment Purchase   C A A A     C A     No
207952765 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-17): Letter of Explanation & Corrected Closing Disclosure provided
   10/17/2019   2 B   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C C C A C B C C Non QM Non QM Yes
207952765 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Property Value TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. Appraisal reported a value of $ [REDACTED]  versus the Final CD amount of $ [REDACTED] .             2 B   CO Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C C C A C B C C Non QM Non QM Yes
207952765 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Payment Shock exceeds credit guidelines.         Reviewer Comment (2019-10-18): 245% payment shock < 350% guideline maximum.
 10/18/2019     1 A   CO Primary Refinance - Cash-out - Other   C C C A C B C C Non QM Non QM No
207952765 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-10-18): Rec'd verification dated [REDACTED]
 10/18/2019     1 A   CO Primary Refinance - Cash-out - Other   C C C A C B C C Non QM Non QM No
207952765 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CO Primary Refinance - Cash-out - Other   C C C A C B C C Non QM Non QM No
207952766 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go into a securitization and secondary valuation is required.  The secondary valuation in file is an invalid AVM (FSD is not 20% or less).  Loan will require a supporting desk review or better.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MI Second Home Refinance - Cash-out - Other   C B A A A A C B Non QM Non QM No
207952766 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   MI Second Home Refinance - Cash-out - Other   C B A A A A C B Non QM Non QM No
207952771 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Verification of business within 10 days of the Note and or Post Closing is not evident in the file.     Reviewer Comment (2019-10-20): Received 3rd party website search of borrower and business
 10/20/2019     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207952771 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Second Appraisal requirement not met and lender exception approval reflects program exception but does not reflect compensating factors allowed. Residual income of $19,000+ per month

Borrower has employment stability for 15 years		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-20): Exception approval for not having 2 full appraisals
     10/20/2019 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
207952775 [REDACTED]         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 $465.00 exceeds tolerance of $450.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/07/2019   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C B B B A A C A Non QM Non QM Yes
207952775 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect There is no dollar amount noted on the title policy.   Title Policy amount is not reflected on preliminary title and final title is not evident. Exception set for final title policy.             2 B   CA Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207952775 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C B B B A A C A Non QM Non QM No
207952776 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - HOA verification  [REDACTED]  was not provided.     Reviewer Comment (2019-10-11): Received


Buyer Comment (2019-10-09): $60.00/mo.
 10/11/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207952776 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A C A A A C A Non QM Non QM No
207952777 [REDACTED]         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 [REDACTED] 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. Summaries of Transactions on the Final Closing Disclosure provided on [REDACTED] disclosed an Amount of Cash to Close of $ [REDACTED]   that does not match the Final value of Cash to Close in the Calculating Cash to Close table amount of $ [REDACTED] .             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207952777 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   File is missing a signed statement from the borrower verifying whether additional credit was obtained for inquiries dated within 90 days of credit report.     Reviewer Comment (2019-10-22): guidelines do not require signature


Buyer Comment (2019-10-21): Our guides does not require a letter to be signed.  Can you point out where you see that it has to be signed?
 10/22/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
207952777 [REDACTED]         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. Verification of delivery dates of preliminary appraisals dated [REDACTED] and [REDACTED] was not provided.     Reviewer Comment (2019-10-21): Updated Notary date
 10/21/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
207952777 [REDACTED]         Compliance Compliance Federal Compliance Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.32670% or Final Disclosure APR of 9.36500% is in excess of allowable threshold of APOR 3.79% + 1.5%, or 5.29000%.  Non-Compliant Higher Priced Mortgage Loan. Verification of delivery dates of preliminary appraisals dated [REDACTED] and [REDACTED] was not provided.     Reviewer Comment (2019-10-21): Updated Notary date


Reviewer Comment (2019-10-20): In review by compliance
 10/21/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
207952777 [REDACTED]         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. Verification of delivery dates of preliminary appraisals dated [REDACTED] and [REDACTED] was not provided.     Reviewer Comment (2019-10-21): Updated Notary date


Reviewer Comment (2019-10-20): In review by compliance
 10/21/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
207952777 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Primary Purchase   C B C A C B C A Non QM Non QM No
207952777 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. Based on Notary date of [REDACTED]             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B C A Non QM Non QM Yes
207952778 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.         Reviewer Comment (2019-10-18): Received Final Title
 10/18/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207952778 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Final Title Policy is missing. No evidence of title in file.   Preliminary / Commitment missing from file.     Reviewer Comment (2019-10-18): Received Final Title
 10/18/2019     1 A   FL Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
207952781 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids.             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207952782 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   NJ Primary Purchase   C C A A B B C C Non QM Non QM No
207952782 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Blank field on CD             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C A A B B C C Non QM Non QM Yes
207952782 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD not provided             2 B   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C C A A B B C C Non QM Non QM Yes
207952782 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Primary Purchase   C C A A B B C C Non QM Non QM No
207952785 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207952788 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   AZ Investment Refinance - Cash-out - Other   C A A A     C A     No
207952790 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Investment Refinance - Cash-out - Other   C B C B     C A     No
207952790 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.   Payment shock decrease of 0.849

111 months of reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-15): Exception approval for LTV based on reserves and decreased payment shock
     10/15/2019 2 B   TN Investment Refinance - Cash-out - Other   C B C B     C A     No
207952790 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.   Payment shock decrease of 0.849

111 months of reserves		 Originator Pre-Close

Originator Pre-Close		 Reviewer Comment (2019-10-15): Exception approval for CLTV based on reserves and decreased payment shock
     10/15/2019 2 B   TN Investment Refinance - Cash-out - Other   C B C B     C A     No
207959092 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Ineligible property subject has [REDACTED] & exceeds acreage allowed by guidelines. 53.125% LTV < 80 guideline max Originator Pre-Close Reviewer Comment (2019-10-09): CRE D002
     10/09/2019 2 B   NJ Investment Purchase   C B C B     C A     No
207959092 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   NJ Investment Purchase   C B C B     C A     No
207959092 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-15): received approval
 10/15/2019     1 A   NJ Investment Purchase   C B C B     C A     No
207959093 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207959095 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TN Investment Purchase   C A A A     C A     No
207959097 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Leases Review and the supporting secondary valuation was an AVM         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Investment Refinance - Cash-out - Other   C A A A     C A     No
207959161 [REDACTED]         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 (2019-10-23): Received CDA
 10/23/2019     1 A   KY Primary Purchase   C B B B A A C A Non QM Non QM No
207959161 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. UW exception provided. Residual Income $5,068.73 monthly vs. $1,500.00 required monthly Originator Pre-Close Reviewer Comment (2019-10-08): Lender exception D0177.
     10/08/2019 2 B   KY Primary Purchase   C B B B A A C A Non QM Non QM No
207959164 [REDACTED]         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.               2 B   FL Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207959164 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___       Reviewer Comment (2019-10-14): Client accepts web search for proof of HOA amount
 10/14/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
207959165 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-21): Received final policy
 10/21/2019     1 A   SC Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207959165 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-21): Received final short form policy
 10/21/2019     1 A   SC Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207959165 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___       Reviewer Comment (2019-10-22): Updated income document requirements met on negative income


Reviewer Comment (2019-10-21): Sent to be updated


Buyer Comment (2019-10-18): Only W2 income was used to qualify. Please clear.
 10/22/2019     1 A   SC Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207959165 [REDACTED]         Compliance Compliance Federal Compliance General Ability To Repay Provision Employment - Schedule C Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current [REDACTED] status using reasonably reliable third-party records.       Reviewer Comment (2019-10-22): Updated income document requirements met on negative income


Reviewer Comment (2019-10-21): Sent to be updated


Buyer Comment (2019-10-18): Please clear.  Only W2 income was used to qualify.


Buyer Comment (2019-10-17): Per LO: We did not use any of this income.  Only income used was from her w-2 job with the [REDACTED].
 10/22/2019     1 A   SC Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207959165 [REDACTED]         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. P&L statements missing.     Reviewer Comment (2019-10-22): It is now Non-QM - Updated income document requirements met on negative income
 10/22/2019     1 A   SC 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
207959165 [REDACTED]         Compliance Compliance Federal Compliance NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. P&L statements missing.     Reviewer Comment (2019-10-22): Updated income document requirements met on negative income
 10/22/2019     1 A   SC Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
207959167 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI exceeds 55% due to income discrepancy. Standard Business expense ratio must be used per guidelines.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207959167 [REDACTED]         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 55% due to standard business expense ratio was not used in personal bank statement income calculation. Business Bank statement not evident in the file.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.


Buyer Comment (2019-10-22): Good morning, this loan closed as a Personal Bank Statement Loan; no of any kind of Business Bank Statement Loan. The Bwr didn't use the Business account. If you look at the Income worksheet, it states Personal Bank Statement. I believe the confusion is the Bwr has a Business account and a personal acct on one account. and the personal acct is what was used in this case. Please advise, thanks


Reviewer Comment (2019-10-21): Business Savings has almost no activity on it, all the activity appears to go thru the personal checking, therefore we need to use the Personal checking as business.


Buyer Comment (2019-10-17): Hi, can you please re-look at this? as the Bwr has a Business acct and reg checking acct on the same acct statement. I believe you are looking as the Business acct and the reg checking acct. please look at the income calculation worksheet and compare the deposits to the checking acct? Thanks
 10/22/2019     1 A   GA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
207959167 [REDACTED]         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 71.79999% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI exceeds 55% due to standard business expense ratio was not used in personal bank statement income calculation. Business Bank statement not evident in the file.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207959167 [REDACTED]         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 55% due to income calculation discrepancy. Standard ratio allowed is 50% per guideline requirement.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207959174 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. Final Closing Disclosure provided on [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit     Reviewer Comment (2019-10-17): Fee paid to borrower chosen provider
 10/17/2019     1 A   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
207959174 [REDACTED]         Compliance Compliance Federal Compliance TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $650.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title - Settlement / Closing / Escrow Fee. Fee Amount of $650.00 exceeds tolerance of $0.00 with no cure provided.     Reviewer Comment (2019-10-17): Fee paid to borrower chosen provider
 10/17/2019     1 A   GA 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
207959174 [REDACTED]         Credit Credit Miscellaneous Missing Document: Credit Letter of Explanation (LOE) not provided   Missing LOE for several insufficient funds showing on  [REDACTED]  bank statements.     Reviewer Comment (2019-10-17): Rec'd 1008 stating NSF activity was reviewed by the UW.
 10/17/2019     1 A   GA Primary Purchase   C A C A C A A A Non QM Non QM No
207959175 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -               2 B   TX Investment Purchase   C B C B A A A A N/A N/A No
207959175 [REDACTED]         Credit Credit Credit Documentation Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -               2 B   TX Investment Purchase   C B C B A A A A N/A N/A No
207959175 [REDACTED]         Credit Income / Employment Income Documentation REO Documents are missing. - ___ missing Lease and evidence of receipt of the Rental income     Reviewer Comment (2019-10-14): No rental income was used
 10/14/2019     1 A   TX Investment Purchase   C B C B A A A A N/A N/A No
207959178 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [REDACTED] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. Final Closing Disclosure disclosed Cash to Close in the Costs at Closing Table amount of $ [REDACTED]  versus $ [REDACTED] reported on the Calculating Cash to Close table.             2 B   FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
207959180 [REDACTED]         Credit Guideline Guideline Issue Ineligible property type. ___ Condo questionnaire indicates project in active litigation, no documentation in file. Guideline state; Projects with pending or threatened litigation are typically ineligible. Litigation may be acceptable if it is determined to be minor and immaterial.     Reviewer Comment (2019-10-21): The Association is defending the case thru its insurance carrier
 10/21/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207959180 [REDACTED]         Credit Guideline Guideline Issue Ineligible property type. ___ Properties with deed restrictions that limit transferability of title are not acceptable. Questionnaire indicates the project has first right of refusal- 41 months reserves > 4 months guideline minimum Originator Reviewer Comment (2019-10-21): CRE D182


Reviewer Comment (2019-10-13): This is a guideline violation, not a question of legality within the state.  Please provide approval documenting the acceptance of this guideline variance


Buyer Comment (2019-10-11): This is legal in FL.
     10/21/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207959180 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Subject loan has resale restrictions that are not eligible per credit guidelines   Association has first right of refusal restriction within the CCR's. 41 months reserves > 4 months guideline minimum Originator Reviewer Comment (2019-10-21): CRE D182
     10/21/2019 2 B   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207959180 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Second Home Purchase   C B C B A A C A Non QM Non QM No
207959182 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing two additional current listings or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only four closed sales for the appraisal issued on[REDACTED]. 22% DTI  < 55% guideline max

9.82 months reserves > 4 months guideline minimum

Borrower has a disposable income of $12,500		 Originator

Originator

Originator		 Reviewer Comment (2019-10-18): Rec'd exception for missing two listings.
     10/18/2019 2 B   OH Primary Purchase   C B C B A A A A Non QM Non QM No
207959182 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   Receipt of home sale proceeds not provided and the Closing Disclosure  [REDACTED]  provided is not a fully executed document.     Reviewer Comment (2019-10-18): Rec'd seller's CD.
 10/18/2019     1 A   OH Primary Purchase   C B C B A A A A Non QM Non QM No
207959183 [REDACTED]         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 Closing Disclosure missing from file.  The Disclosure Tracking reflects a CD issued[REDACTED] The only CD in file was issued  [REDACTED] .     Reviewer Comment (2019-10-18): Initial CD provided
 10/18/2019     1 A   CA Primary Refinance - Cash-out - Other No Defined Cure C B B B C A C B Non QM Non QM No
207959183 [REDACTED]         Property Property - Appraisal Appraisal Documentation Loan is to go in a securitization and secondary valuation does not support the appraised value within a 10% tolerance.  The lower value was not used to calculate LTV.   The appraised value of $ [REDACTED]  was used to calculate LTV.  An AVM in file reflects a value of $ [REDACTED] .     Reviewer Comment (2019-10-24): Received CDA
 10/24/2019     1 A   CA Primary Refinance - Cash-out - Other   C B B B C A C B Non QM Non QM No
207959183 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. Cash-out greater than $ [REDACTED] , loan was approved with exception. 785 representative FICO score > 700 guideline minimum.

Borrower  has a disposable income of $23,755.		 Originator

Originator		 Reviewer Comment (2019-10-09): Exception in file for cash out > guideline maximum.
     10/09/2019 2 B   CA Primary Refinance - Cash-out - Other   C B B B C A C B Non QM Non QM No
207959183 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go into a securitization and highest level secondary valuation supports the qualifying value.  There is a lower level tertiary valuation in file which is invalid or does not support the qualifying value.                 2 B   CA Primary Refinance - Cash-out - Other   C B B B C A C B Non QM Non QM No
207965143 [REDACTED]         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 Notary date is missing from the Security Agreement.             2 B   FL Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
207965143 [REDACTED]         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 [REDACTED] 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. Total Payoffs and Payments does not match Summaries of Transactions.             2 B   FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B B B B B B A A Non QM Non QM Yes
207965143 [REDACTED]         Credit Insurance Insurance Analysis Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Lender reflected on HOI Policy is not Lender reflected on Note.             2 B   FL Primary Refinance - Cash-out - Other   B B B B B B A A Non QM Non QM No
207965147 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   MS Primary Refinance - Cash-out - Other   C A A A A A C A Non QM Non QM No
207965148 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. The annual premium of $ [REDACTED] .  The final CD reflects $ [REDACTED] .             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207965148 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - ___ Borrower 1 paystubs do not show year to date income.  Written Verification of Employment required.     Reviewer Comment (2019-10-18): Rec'd WVOE
 10/18/2019     1 A   AZ Primary Purchase   C B C A B B A A Non QM Non QM No
207965148 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Prepaid Property Tax Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] did not disclose number of months for Property Tax under Prepaids. Number of months left blank.             2 B   AZ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
207965153 [REDACTED]         Compliance Loan Package Documentation Application / Processing Missing Document: Missing Lender's Initial 1003         Reviewer Comment (2019-10-21): Initial signed 1003 provided; exception cleared.
 10/21/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard insurance policy effective date is the date of closing.     Reviewer Comment (2019-10-21): Effective date is [REDACTED]; exception cleared.


Buyer Comment (2019-10-18): Hi, I don't know if I'm missing something? I looking at pages: 335 has dates of  [REDACTED]-[REDACTED], 336  has dates of [REDACTED]-[REDACTED] and 337 has dates of [REDACTED]-[REDACTED]. Can you advise what pages you are referring to? As loan closed [REDACTED]. Thanks
 10/21/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Compliance Compliance Federal Compliance TIL Higher Priced Mortgage Loan Safe Harbor TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.       Reviewer Comment (2019-10-21): Legal description matches on all documents; property address is
[REDACTED],
[REDACTED]
[REDACTED]
[REDACTED] search reflects either city name is acceptable for this zip code.
 10/21/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.   Title policy not provided to confirm coverage increased to new loan amount.     Reviewer Comment (2019-10-21): Rec'd updated Title Commitment in trailing docs; exception cleared.
 10/21/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing two current listings or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided three closed sales only for the appraisal issued on[REDACTED]. 28.704% DTI on this Full documentation loan < 55% guideline max - 26% below program guideline maximum

120.30 months reserves > 3 months guideline minimum - borrowers have verified reserves of $167,946.23

Borrower on this Full documentation loan has a disposable income of $5,596.58		 Originator

Originator

Originator		 Reviewer Comment (2019-10-21): Rec'd CRE - D202
     10/21/2019 2 B   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965153 [REDACTED]         Credit System General Valuation address does not match Note address. - Appraisal cites subject property city as  [REDACTED]  and not  [REDACTED] .     Reviewer Comment (2019-10-21): Legal description matches on all documents; property address is
[REDACTED],
[REDACTED]
[REDACTED]
[REDACTED] search reflects either city name is acceptable for this zip code.
 10/21/2019     1 A   PA Primary Purchase   C B C B B A C A Non QM Non QM No
207965156 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and five closed sales for the appraisal issued on  [REDACTED] . 790 FICO Originator Pre-Close Reviewer Comment (2019-10-14): Exception approval for missing comparable on the appraisal based on FICO and payment shock.
     10/14/2019 2 B   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207965156 [REDACTED]         Credit Credit Credit Documentation Insufficient Verification of Rental History.   Borrower provided a letter stating rent checks are verified by bank statements. Reviewed both business and personal bank statements to verify rental history. Unable to determine consistent rental amount. 790 FICO Originator Pre-Close Reviewer Comment (2019-10-14): Exception approval for missing rent checks based on credit score and payment shock
     10/14/2019 2 B   CA Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
207965159 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   WA Investment Refinance - Cash-out - Other   C C A A A A C C N/A N/A No
207965159 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   WA Investment Refinance - Cash-out - Other   C C A A A A C C N/A N/A No
207982984 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Originators income did not consider the business expense of 50% per[REDACTED] Guidelines.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.


Buyer Comment (2019-10-21): correct, but we use the guidelines at the beginning of the loan which was [REDACTED] which is before the guidelines changed. Please clear. Thanks


Reviewer Comment (2019-10-17): The note date of [REDACTED] is after the guideline date of [REDACTED].


Buyer Comment (2019-10-16): Gm. loan was Underwritten and pre qual prior to the guidelines change on [REDACTED] therefore there should be no DTI issue.

thanks
 10/22/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         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 (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
207982984 [REDACTED]         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 76.47437% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)       Reviewer Comment (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         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. Guidelines require a 50% expense ratio applied to personal statements when business is run from personal account(s) The 50% expense ratio was omitted from originators totals.     Reviewer Comment (2019-10-22): Updated to the guidelines at origination.
 10/22/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence of existence of business for  [REDACTED]  dated within 10 days of closing.     Reviewer Comment (2019-10-17): Rec'd third party verification.
 10/17/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence of existence of business for  [REDACTED]  dated within 10 days of closing.     Reviewer Comment (2019-10-17): Rec'd third party verification.
 10/17/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence borrower is self employed for  [REDACTED] .     Reviewer Comment (2019-10-17): Rec'd third party verification.
 10/17/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982984 [REDACTED]         Credit Income / Employment Income Documentation Income Docs Missing: - Missing evidence borrower is self employed for  [REDACTED] .     Reviewer Comment (2019-10-17): Rec'd third party verification.
 10/17/2019     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
207982986 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Purchase   C A A A A A C A Non QM Non QM No
207982987 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207982987 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing two current listings or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided four closed sales only for the appraisal issued on[REDACTED]. 14.53 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $7,218.89		 Originator

Originator		 Reviewer Comment (2019-10-22): Rec'd CRE - D220
     10/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207982987 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Cash back to borrower exceeding $ [REDACTED]  requires a 5% LTV reduction per matrices.  Cash back with one late pay in the last 12 months establishes baseline LTV of 80%. Lender exception approval not provided. 14.53 months reserves > 4 months guideline minimum

Borrower on this Full documentation loan has a disposable income of $7,218.89		 Originator

Originator		 Reviewer Comment (2019-10-22): Rec'd CRE - D220
     10/22/2019 2 B   CA Primary Refinance - Cash-out - Other   C B C B A A C A Non QM Non QM No
207982990 [REDACTED]         Credit Loan Package Documentation Application / Processing Missing Document: Approval not provided         Reviewer Comment (2019-10-20): Received approval


Buyer Comment (2019-10-18): Been uploaded since [REDACTED]
 10/20/2019     1 A   KY Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207982990 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-20): CU score of 2.0
 10/20/2019     1 A   KY Primary Refinance - Cash-out - Other   C A C A A A C A Non QM Non QM No
207983004 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   UT Investment Refinance - Cash-out - Other   C A A A     C A     No
207983005 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C A A A     C A     No
207989682 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate.       Reviewer Comment (2019-10-17): [REDACTED] received PCCD correcting non escrowed property costs and LOE. Exception Cured.
   10/17/2019   2 B   LA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
207989683 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-21): Rec'd Final Title Loan policy in trailing docs; exception cleared.
 10/21/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207989683 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy is Preliminary or Commitment, and not a Final Title Policy.         Reviewer Comment (2019-10-21): Rec'd Final Title Loan policy in trailing docs; exception cleared.
 10/21/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207989683 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207989683 [REDACTED]         Credit Asset Asset Documentation Guideline Issue: Insufficient asset documentation.   12 months statement are required, however, only 11 months provided.  Missing  [REDACTED]  # [REDACTED]  statement.     Reviewer Comment (2019-10-21): Income recalculated using [REDACTED] bank stmt originally excluded by Lender - updated income worksheet also rec'd
 10/21/2019     1 A   CA Primary Refinance - Cash-out - Other   C A C A C A C A Non QM Non QM No
207989683 [REDACTED]         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 [REDACTED] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. $0.00     Reviewer Comment (2019-10-18): Tolerance exceptions are addressed. Exception Cleared.
 10/18/2019     1 A   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
207989683 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.     Reviewer Comment (2019-10-18): [REDACTED] reviewed [REDACTED] COC. Exception Cleared.


Buyer Comment (2019-10-17): CD dated [REDACTED]as Mtg Broker Fee $3543.75 as the Fee decreased, so no refund is needed


Buyer Comment (2019-10-17): LE dated [REDACTED]ith Mtg Broker Fee $3544
 10/18/2019     1 A   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 A C A C A C A Non QM Non QM Yes
207989684 [REDACTED]         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 $975.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/09/2019   1 A   CA Second Home Purchase Final CD evidences Cure C C C B A A C C Non QM Non QM Yes
207989684 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   CA Second Home Purchase   C C C B A A C C Non QM Non QM No
207989684 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Missing one additional current listing or pending sales on grid form with photo required to support appraiser's opinion of value. Appraiser provided only one listing and three closed sales for the appraisal issued on [REDACTED]. 34.42384% DTI on this Bank Statement documentation loan < 55% guideline max

24 months reserves > 4 months guideline minimum - borrowers have verified reserves of $228,003.70		 Originator

Originator		 Reviewer Comment (2019-10-18): Received Credit Risk Summary & Exception Approval. Property - 2 active listings required, appraiser only provided 1. Compensating Factors: 1) DTI. 2) Reserves.
     10/18/2019 2 B   CA Second Home Purchase   C C C B A A C C Non QM Non QM No
207989685 [REDACTED]         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 $ [REDACTED]  exceeds tolerance of $ [REDACTED] .  Sufficient or excess cure was provided to the borrower at Closing.           10/09/2019   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A A A A A C A Non QM Non QM Yes
207989685 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Primary Refinance - Cash-out - Other   C A A A A A C A Non QM Non QM No
207989688 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207989688 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Closing Date TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [REDACTED] disclosed a Closing Date that did not match the actual date of consummation. The Borrower's Final Closing Disclosure reflects a closing date of[REDACTED], however the Security instrument was notarized[REDACTED].             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207989688 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure Homeowner's Insurance Premium Months TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [REDACTED] disclosed homeowner's insurance under Prepaids that does not match amount per month calculation. Monthly escrow amount reflected on Final CD includes both hazard and windstorm monthly escrow payments.             2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207989688 [REDACTED]         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 $ [REDACTED]  on Final Closing Disclosure provided on [REDACTED] not accurate. Appraisal report reflects HOA due is $ [REDACTED]   annually and final closing disclosure reflects non-escrow annual amount of $ [REDACTED] .     Reviewer Comment (2019-10-18): [REDACTED] received corrected CD and LOE. Exception Cured.
   10/18/2019   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B C A Non QM Non QM Yes
207989688 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Issue:  Insufficient tradelines per credit guidelines   Borrower does not meet Standard Trade Line requirement of at least 2 trade lines reporting for 24+ months with
activity in last 12 months. Credit report only reflects 1 trade line open for 14 months and active within the last 12 months and all other trade lines are authorized user accounts which, cannot be counted as open trade lines per guidelines.		 Borrower on this Full documentation loan has a disposable income of $7,109.14. Originator Reviewer Comment (2019-10-21): Rec'd CRE - D224
     10/21/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207989688 [REDACTED]         Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Reserve requirement of 4 months not met but meets exception policy based on compensating factor of residual income. Borrower on this Full documentation loan has a disposable income of $7,109.14. Originator Reviewer Comment (2019-10-10): Reserves not met but meets exception policy based on at least 1 compensating factor of residual income greater than $1500.00 requirement.
     10/10/2019 2 B   TX Primary Purchase   C B C B C B C A Non QM Non QM No
207989698 [REDACTED]         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 $1,600.00 exceeds tolerance of $1,500.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/10/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207989698 [REDACTED]         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 $1,600.00 exceeds tolerance of $1,500.00.  Sufficient or excess cure was provided to the borrower at Closing.           10/10/2019   1 A   CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
207989698 [REDACTED]         Compliance Compliance Federal Compliance TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [REDACTED] disclosed a Pad fee that was not allocated to a specific cost or service performed. PAD fee was not itemized on the final CD.     Reviewer Comment (2019-10-21): Letter of Explanation, Proof of Delivery, and Corrected CD provided.  PAD fee removed.  Confirmed from Final Settlement Statement borrower not charged a PAD fee.  Cure check not required.


Buyer Comment (2019-10-18): PAD Fee was refunded and you have the Settlement Statement in your file pages 125-126
   10/21/2019   2 B   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD C B C A C B A A Non QM Non QM Yes
207989698 [REDACTED]         Compliance Compliance Federal Compliance TRID Seller Closing Disclosure TILA-RESPA Integrated Disclosure:  Seller Closing Disclosure not located in the file. Seller CD missing from file.             2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
207989698 [REDACTED]         Credit Insurance Insurance Analysis The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Notary date[REDACTED] Hazard Insurance Policy in file not effective until [REDACTED].     Reviewer Comment (2019-10-22): Rec'd attestation of no claims placed against the property.


Buyer Comment (2019-10-22): Please review been uploaded since [REDACTED]
 10/22/2019     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
207989734 [REDACTED]         Credit Credit Miscellaneous Credit Exception:   Exception made for cash out of $318485.60 exceeds maximum per guidelines 96 months reserves > 6 months guideline minimum Originator Pre-Close Reviewer Comment (2019-10-14): CRE D002
     10/14/2019 2 B   FL Investment Refinance - Cash-out - Other   C C B B     C C     No
207989734 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Securitization Review and the supporting secondary valuation was an AVM                 2 C   FL Investment Refinance - Cash-out - Other   C C B B     C C     No
207989735 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Exception made for 694 credit score lower than required 700 minimum score for DSR < 1.00 73 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-18): Rec'd exception for credit score < minimum required per guidelines.
     10/18/2019 2 B   FL Investment Purchase   C B C B     C A     No
207989735 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Purchase   C B C B     C A     No
208001671 [REDACTED]         Credit Legal / Regulatory / Compliance Title / Lien Defect Title Policy Coverage is less than Original Loan Amount.         Reviewer Comment (2019-10-21): Rec'd updated Title Commitment in trailing docs; exception cleared.
 10/21/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
208001671 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is to go in a securitization and reflects only one valuation product when two are required.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   TX Primary Purchase   C A C A A A C A Non QM Non QM No
208001677 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Issue:  Subject loan is a non-arms length transaction  outside of credit guidelines   Non-arm's length transactions are not allowed per guidelines. 35% DTI < 55% guideline max

Borrower has job stability for 7 years		 Originator

Originator		 Reviewer Comment (2019-10-17): Rec'd exception for non-arms length transaction
     10/17/2019 2 B   WI Primary Purchase   C B C B A A A A Non QM Non QM No
208001686 [REDACTED]         Credit Credit Credit Calculation / Analysis Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. DSCR @ .99 < 1 92 months reserves > 6 months guideline minimum Originator Reviewer Comment (2019-10-21): Rec'd exception for credit score < guideline minimum.
     10/21/2019 2 B   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
208001686 [REDACTED]         Property Appraisal Reconciliation Value Discrepancy Loan is missing secondary valuation product required for securitization.         Reviewer Comment (2019-10-23): Received CDA
 10/23/2019     1 A   FL Investment Refinance - Cash-out - Other   C B C B     C A     No
208001987 [REDACTED]         Credit Guideline General Subject property DSCR is less than the minimum required for the program.   DSCR @ .97 and LTV > 75% 6 years on job. Originator Reviewer Comment (2019-10-21): Rec'd exception for 80% LTV > 75% max allowed per guidelines.
     10/21/2019 2 B   FL Investment Purchase   C B C B     A A     No
208001987 [REDACTED]         Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. DSCR @ .97 6 years on job. Originator Reviewer Comment (2019-10-21): Rec'd exception for 80% LTV > 75% max per guidelines.
     10/21/2019 2 B   FL Investment Purchase   C B C B     A A     No