EX-99.16 17 ex99-16.htm CLAYTON CONDITIONS DETAIL
 

Angel Oak Mortgage Trust I, LLC ABS-15G

Exhibit 99.16

 

Client Name: Angel Oak
Client Project Name: XXX
Start - End Dates: XXX
Deal Loan Count: XXX
   
   
Conditions Report  XXX
   
Loans in Report: XXX
Loans with Conditions: XXX

 

Loan Number Original Principal Balance State Initial Lender ATR/QM Status Loan Level ATR/QM Status Initial Securitization Overall Loan Grade Final Securitization Overall Loan Grade Initial Securitization Credit Loan Grade Final Securitization Credit Loan Grade Initial Securitization Property Valuations Loan Grade Final Securitization Property Valuations Loan Grade Initial Securitization Compliance Loan Grade Final Securitization Compliance Loan Grade Initial S&P Overall Loan Grade Final S&P Overall Loan Grade Initial S&P Credit Loan Grade Final S&P Credit Loan Grade Initial S&P Property Valuations Loan Grade Final S&P Property Valuations Loan Grade Initial S&P Compliance Loan Grade Final S&P Compliance Loan Grade Condition Category ConditionSub Category Condition Status Initial Securitization Condition Grade Final Securitization Condition Grade Initial S&P Condition Grade Final S&P Condition Grade Condition Code Condition Description Condition Material Indicator Initial Comments Client/Seller Response Comments Conclusion Comments TRID Error Type Cure Method Compensating Factors
2024130660 XXX XXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Assets Satisfied C A C A XXX Asset Amounts Are Unsupported by Documentation in File No Provide source / statement for $XXX transfer from XXX to  XXX on XXX XXX Client provided XXX  Statement for XXX XXX XXX account supporting transfer to XXX XXX on XXX Condition satisfied  (No Data) Not Applicable XXX: Credit score exceeds guidelines
XXX Comments:  XXX credit score.  minimum XXX.

XXX: LTV below guideline requirements
XXX Comments:  XXX% LTV.  Max XXX%
2024130660 XXX XXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Assets Satisfied D A D A XXX Asset documentation is insufficient per guideline requirements No Provide most recent bank statement for XXX with $XXX balance.  Provide any source of large deposits (No Data) Condition satisfied. (No Data) Not Applicable XXX: Credit score exceeds guidelines
XXX Comments:  XXX credit score.  minimum XXX.

XXX: LTV below guideline requirements
XXX Comments:  XXX% LTV.  Max XXX%